Median Earnings (1yr)
$60,526
95th percentile
60th percentile in Indiana
Median Debt
$20,500
21% below national median

Analysis

Ball State's business program delivers remarkably strong first-year earnings at $60,526β€”beating the national median by over $14,000 and placing graduates in the 95th percentile nationally. While the 60th percentile ranking within Indiana might seem modest, context matters: this program still outearns the state median of $49,245 by more than $11,000, and trails only a handful of elite competitors. The low debt burden of $20,500 (well below both state and national medians of $26,000) creates a debt-to-earnings ratio of 0.34 that represents exceptional affordability for a business degree.

The one puzzle here is the slight earnings dip to $59,631 by year four, though this could reflect career transitions or graduate school enrollment rather than stalled progression. More concerning would be if this pattern continued, but with nearly identical earnings across both time points, graduates are maintaining strong compensation even if they're not seeing the typical early-career bumps.

For families looking at Indiana business programs, Ball State offers top-tier outcomes without the debt load of many competitors. That combination of strong earnings and manageable debt makes this a financially smart choice, especially for students who want to avoid the burden of typical business school debt while still competing for quality jobs right out of college.

Where Ball State University Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Earnings Distribution

How Ball State University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Ball State University$60,526$59,631-1%
Saint Mary's College$52,891$74,163+40%
Purdue University-Main Campus$57,106$71,553+25%
Indiana Wesleyan University-Marion$58,880$62,714+7%
Indiana Wesleyan University-National & Global$58,880$62,714+7%

Compare to Similar Programs in Indiana

Business Administration, Management and Operations bachelors's programs at peer institutions in Indiana (41 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Ball State UniversityMuncie$10,758$60,526$59,631$20,5000.34
Grace College and Theological SeminaryWinona Lake$30,034$62,251$49,304$20,1040.32
Indiana Wesleyan University-National & GlobalMarion$8,216$58,880$62,714$42,1380.72
Indiana Wesleyan University-MarionMarion$31,168$58,880$62,714$42,1380.72
Purdue University GlobalWest Lafayette$10,110$57,308$52,586$45,1760.79
Purdue University-Main CampusWest Lafayette$9,992$57,106$71,553$19,5000.34
National Medianβ€”$45,703β€”$26,0000.57

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Ball State University, approximately 34% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 34 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.