Business Administration and Management Degree from University of Memphis Return on Investment

See what the return on investment is for jobs that someone with a Business Administration and Management degree from University of Memphis is likely to work in.

F D C B A
Approximate Total Payment $108,385
Approximate Total Interest $30,677
Monthly Payment $752.67
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in business administration and management from university of memphis

Administrative services managers

Projection Rating: A-

Median Annual Wage: $106,470

Percentage of Paycheck to Repay: 8.48%-6.31%

Employment Change: 16%

Entry-Level Education: Bachelor's degree

Management analysts

Projection Rating: A-

Median Annual Wage: $99,410

Percentage of Paycheck to Repay: 9.09%-6.76%

Employment Change: 107.9%

Entry-Level Education: Bachelor's degree

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When considering a degree in Business Administration and Management from the University of Memphis, one of the most crucial factors to evaluate is the return on investment (ROI). This esteemed program not only equips students with vital management skills but also opens doors to lucrative career opportunities.

Graduates of the University of Memphis can anticipate a significant boost in earning potential. According to recent data, individuals with a Business Administration and Management degree can earn an average salary that is substantially higher than those with only a high school diploma. This degree prepares students for various roles in management, finance, marketing, and entrepreneurship, which are in high demand across diverse industries.

Furthermore, the University of Memphis offers a blend of theoretical knowledge and practical experience through internships and real-world projects. This hands-on approach enhances employability and helps students build valuable networks, contributing to a stronger ROI. Employers often prefer graduates with practical experience, making the University of Memphis graduates more competitive in the job market.

Additionally, the cost of attending the University of Memphis is relatively affordable compared to other institutions, allowing students to minimize debt while maximizing their educational investment. Financial aid and scholarship opportunities further enhance accessibility, ensuring that students from various backgrounds can pursue their degrees without excessive financial burden.

In summary, pursuing a Business Administration and Management degree from the University of Memphis represents a strategic investment in your future. With a favorable ROI, strong earning potential, and comprehensive support from the university, graduates are well-positioned to succeed in today’s dynamic business landscape.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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