Construction Management Degree from Minnesota State University Moorhead Return on Investment
See what the return on investment is for jobs that someone with a Construction Management degree from Minnesota State University Moorhead is likely to work in.
Top job projections for graduates in construction management from minnesota state university moorhead
Construction managers
Projection Rating: A-
Median Annual Wage: $104,900
Percentage of Paycheck to Repay: 7.48%-5.57%
Employment Change: 47.6%
Entry-Level Education: Bachelor's degree
Cost estimators
Projection Rating: B+
Median Annual Wage: $74,740
Percentage of Paycheck to Repay: 10.50%-7.82%
Employment Change: -8.3%
Entry-Level Education: Bachelor's degree
Investing in your education is a crucial decision, and pursuing a Construction Management Degree from Minnesota State University Moorhead (MSUM) can offer significant returns. In today’s competitive job market, a specialized degree equips you with the skills and knowledge needed to excel in the construction industry, leading to enhanced career opportunities and financial stability.
One of the most compelling reasons to consider a degree from MSUM is the program's focus on practical experience and industry-relevant skills. Students engage in hands-on learning through internships, field projects, and partnerships with local businesses, ensuring that graduates are workforce-ready. This real-world experience not only enhances your resume but also connects you with potential employers, making it easier to secure a job after graduation.
Moreover, the construction industry is experiencing robust growth, with rising demand for skilled professionals. According to the Bureau of Labor Statistics, employment in construction management is projected to grow by 8% from 2021 to 2031, which is faster than the average for all occupations. Graduates of MSUM’s Construction Management program are well-positioned to take advantage of this trend, leading to increased job security and higher earning potential.
Financially, the return on investment (ROI) for a Construction Management Degree can be substantial. Graduates can expect to earn a competitive salary, with many entry-level positions offering salaries well above the national average. As you gain experience and advance in your career, your earning potential can increase significantly. This makes the initial investment in your education more than worthwhile, providing a pathway to a rewarding and lucrative career.
In addition to strong salary prospects, a degree from MSUM opens doors to various career paths, including project management, cost estimation, and construction supervision. The versatility of the degree allows graduates to find roles in diverse sectors, from residential and commercial construction to infrastructure and environmental projects.
In summary, pursuing a Construction Management Degree from Minnesota State University Moorhead is not just an educational endeavor; it's a strategic investment in your future. With a curriculum designed to meet industry demands, a growing job market, and the potential for a strong ROI, MSUM equips you to thrive in the dynamic field of construction management. Start your journey today and build a successful career that stands the test of time.
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.