Management Information Systems Degree from Drake University Return on Investment
See what the return on investment is for jobs that someone with a Management Information Systems degree from Drake University is likely to work in.
Top job projections for graduates in management information systems from drake university
Computer and information systems managers
Projection Rating: B+
Median Annual Wage: $169,510
Percentage of Paycheck to Repay: 10.97%-8.17%
Employment Change: 106.9%
Entry-Level Education: Bachelor's degree
Database administrators and architects
Projection Rating: B-
Median Annual Wage: $98,860
Percentage of Paycheck to Repay: 18.82%-14.00%
Employment Change: 13.2%
Entry-Level Education: Bachelor's degree
Investing in a Management Information Systems (MIS) degree from Drake University is a strategic decision that can yield significant returns over time. With the increasing reliance on technology and data-driven decision-making in today’s business environment, graduates with an MIS degree are in high demand. Here’s a closer look at the potential return on investment (ROI) for students pursuing this degree.
One of the most compelling aspects of earning an MIS degree from Drake University is the comprehensive curriculum that equips students with both technical skills and business acumen. Courses in data analytics, information systems management, and project management prepare graduates to excel in various industries, including finance, healthcare, and technology. This versatile skill set enhances employability and opens doors to lucrative career paths.
According to recent data, graduates with a Management Information Systems degree can expect to earn competitive salaries. The average starting salary for MIS graduates from Drake University often surpasses the national average, with many alumni reporting salaries in the range of $60,000 to $80,000 per year. As individuals gain experience, these figures can increase significantly, with mid-career professionals often earning upwards of $100,000 annually.
Moreover, the strong network of alumni and industry connections that Drake University offers can further amplify your career prospects. The university’s focus on experiential learning through internships and co-op programs ensures that students gain practical experience, making them more attractive to employers. This not only boosts initial salary prospects but also enhances long-term career growth.
In addition to financial benefits, an MIS degree fosters critical thinking, problem-solving, and analytical skills that are essential in any workplace. The ability to leverage technology to improve business processes and drive efficiency is a valuable asset, making graduates indispensable to their organizations.
When considering the ROI of a Management Information Systems degree from Drake University, it’s also important to factor in the cost of education. Drake offers various financial aid options, scholarships, and grants, which can significantly reduce the financial burden on students. With a strong support system in place, students can focus on their studies and career goals without the stress of overwhelming debt.
In conclusion, a Management Information Systems degree from Drake University represents a smart investment in your future. With high earning potential, a robust educational foundation, and access to valuable resources and networks, graduates are well-equipped to navigate the rapidly evolving job market. By choosing Drake, you’re not just earning a degree; you’re investing in a successful and fulfilling career.
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.