Music Management Degree from Minnesota State University Moorhead Return on Investment

See what the return on investment is for jobs that someone with a Music Management degree from Minnesota State University Moorhead is likely to work in.

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Approximate Total Payment $94,204
Approximate Total Interest $26,663
Monthly Payment $654.19
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 music management from minnesota state university moorhead

Producers and directors

Projection Rating: A-

Median Annual Wage: $82,510

Percentage of Paycheck to Repay: 9.51%-7.08%

Employment Change: 13.5%

Entry-Level Education: Bachelor's degree

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When considering a Music Management degree from Minnesota State University Moorhead (MSUM), understanding the return on investment (ROI) is crucial. This degree not only equips students with the essential skills to thrive in the competitive music industry but also presents numerous financial and career advantages.

Graduates of the Music Management program at MSUM are prepared to enter diverse fields such as artist management, concert promotion, and music business administration. The curriculum blends theoretical knowledge with practical experience, offering students opportunities to engage in internships and hands-on projects that enhance their employability.

In terms of financial ROI, MSUM’s Music Management alumni report competitive salaries and job placement rates that reflect the quality of education they received. According to recent statistics, graduates can expect to earn a salary that significantly exceeds their initial educational investment, making the degree a financially sound choice.

Moreover, the strong network of industry connections fostered during the program provides students with valuable opportunities for mentorship and job placement. This network not only enhances the learning experience but also opens doors to high-profile internships and job opportunities in the music industry.

Additionally, MSUM’s commitment to student success is evident in the resources available for career development, including resume workshops, interview preparation, and networking events. These resources are designed to help students maximize their potential and navigate the path to a successful career in music management.

In summary, a Music Management degree from Minnesota State University Moorhead offers a robust return on investment through quality education, strong industry connections, and a supportive career development framework. By choosing MSUM, you are not just investing in your education; you are investing in your future in the dynamic world of music management.

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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