Business/Commerce: master's degree earnings by college

Median earnings of business/commerce graduates (master's degree) one year after graduation, at 78 colleges. National median: $84,271, rising to $106,676 after four years.

#CollegeStateEarnings after 1 yrAfter 4 yrsMedian debt
1Northwestern UniversityIL$191,505$240,637—
2University of Virginia-Main CampusVA$190,620$180,117$136,391
3Emory UniversityGA$182,728$209,140—
4Johns Hopkins UniversityMD$150,326$158,699$77,747
5Indiana University-BloomingtonIN$142,151$161,345$50,439
6Michigan State UniversityMI$142,037$188,085$89,206
7University of Wisconsin-MadisonWI$141,050$160,097$49,625
8Northeastern UniversityMA$129,571$148,490$44,112
9Northeastern University Professional ProgramsMA$129,571$148,490$44,112
10Indiana University-IndianapolisIN$121,712$171,615$43,544
11Drexel UniversityPA$113,962$142,843$41,000
12Saint Joseph's University - PhiladelphiaPA$110,279$141,003$41,000
13University of DenverCO$109,575$133,993$66,754
14Georgia State UniversityGA$108,791$143,079$51,250
15Loyola Marymount UniversityCA$106,872$140,532$74,635
16University of Missouri-ColumbiaMO$105,934$123,999—
17Indiana University-KokomoIN$101,024—$17,430
18University of New Hampshire-Main CampusNH$100,385$123,477$30,750
19Ball State UniversityIN$99,523$120,992$31,808
20Grand Valley State UniversityMI$99,194$128,108$21,354
21Georgia College & State UniversityGA$97,546$94,468—
22Indiana University-South BendIN$95,285$115,947—
23University of North GeorgiaGA$95,228$97,809—
24Purdue University Fort WayneIN$91,928$113,001$19,255
25Northern Kentucky UniversityKY$91,837$94,965$30,035
26University of Wisconsin-WhitewaterWI$91,654$102,812$27,865
27Worcester Polytechnic InstituteMA$91,426——
28University of Missouri-St LouisMO$89,935$129,101$24,400
29University of Central FloridaFL$89,419$108,978$39,348
30Florida State UniversityFL$88,160$107,889$30,750
31Youngstown State UniversityOH$88,114—$20,286
32Western New England UniversityMA$88,100——
33Maryville University of Saint LouisMO$86,338$102,806$46,989
34Pace UniversityNY$86,237—$41,000
35Jacksonville UniversityFL$85,953$100,429$21,083
36Citadel Military College of South CarolinaSC$85,683—$26,746
37Belmont UniversityTN$85,490$113,806$47,260
38Mercer UniversityGA$84,623$101,623—
39West Virginia UniversityWV$84,271$119,013$30,750
40University of KentuckyKY$83,995$111,868$41,000
41University of LouisvilleKY$81,186$110,622$35,500
42Gonzaga UniversityWA$80,965$104,495$32,569
43Azusa Pacific UniversityCA$79,180$85,420—
44Indiana University-NorthwestIN$78,558$118,385—
45Lehigh UniversityPA$77,816$141,347—
46Nebraska Wesleyan UniversityNE$77,179$91,021—
47Biola UniversityCA$76,624$90,894$34,168
48California Baptist UniversityCA$76,360$89,018$27,334
49University of South FloridaFL$75,152——
50Virginia Commonwealth UniversityVA$74,134$108,337$41,000
51Lindenwood UniversityMO$72,931$85,320$31,191
52Post UniversityCT$71,912$101,826$41,289
53Columbia CollegeMO$70,753$87,915$40,400
54Tulane University of LouisianaLA$70,323$113,672$63,216
55Eastern Kentucky UniversityKY$69,901—$24,520
56Eastern Oregon UniversityOR$69,686—$29,967
57The Catholic University of AmericaDC$69,245$103,834$20,500
58University of North FloridaFL$69,187$81,376$23,958
59Loyola University New OrleansLA$68,757$92,654$44,799
60Campbellsville UniversityKY$67,429$76,568$26,062
61Murray State UniversityKY$65,576$96,691$26,119
62Indiana Institute of TechnologyIN$65,542$78,881$24,193
63Niagara UniversityNY$64,605$86,227$20,500
64LIM CollegeNY$64,279——
65Marshall UniversityWV$62,297$77,136$28,606
66Colorado State University PuebloCO$62,179$84,995—
67University of North TexasTX$62,080—$32,504
68Spalding UniversityKY$60,999$61,096$25,500
69Auburn University at MontgomeryAL$60,928$78,731$30,750
70Bethel UniversityTN$60,291$70,110$41,000
71Schreiner UniversityTX$59,914$71,621$26,748
72The University of Texas Rio Grande ValleyTX$59,325$87,822—
73Morehead State UniversityKY$57,927$89,399—
74Hawaii Pacific UniversityHI$56,757——
75Savannah State UniversityGA$54,898$65,620$38,194
76University of Puerto Rico-Rio PiedrasPR$53,001$57,619$17,000
77Henderson State UniversityAR$52,154$56,919$23,400
78University of CharlestonWV$45,648$75,247$29,577

Earnings are median annual earnings of graduates who received federal financial aid, measured by the U.S. Department of Education. Colleges with too few graduates are not shown.

Frequently asked questions

How much do business/commerce graduates earn?

The median college reports $84,271 in earnings one year after a master's degree in business/commerce and $106,676 four years after. The highest is $191,505 at Northwestern University.

How much student debt do business/commerce graduates have?

The median federal loan debt for this degree is about $31,808 at the typical college.