Median Earnings (1yr)
$43,422
17th percentile
60th percentile in Tennessee
Est. Median Debt
$24,000
Est. from national median (18 programs)

Analysis

A $43,422 starting salary puts Belmont's business economics graduates right at Tennessee's median for the program—but about $10,000 behind the national benchmark of $53,219. That 17th percentile national ranking reveals the challenge: while this performs decently within Tennessee's market, it trails most comparable programs nationwide. Based on national patterns at similar institutions, graduates likely carry around $24,000 in debt, producing a manageable 0.55 debt-to-earnings ratio that suggests loan payments won't overwhelm early-career budgets.

The relative weakness here is less about debt burden than earning potential. These graduates start within a few thousand dollars of University of Tennessee-Knoxville's outcomes but pay significantly more in tuition to get there. For a family considering Belmont's price premium over public alternatives, that math requires scrutiny. The program's middling national performance suggests it may not deliver the competitive edge families might expect from a private institution.

For parents, the practical question is whether Belmont's environment and networks justify paying more for similar Tennessee-level outcomes. If staying in Nashville is the goal and debt stays near these estimates, the financial picture works. But families hoping this degree will unlock top-tier business opportunities nationally should recognize they're starting from the back half of the pack in earnings—a gap that matters when competing for advancement in major markets.

Where Belmont University Stands

Earnings vs. debt across all business/managerial economics bachelors's programs nationally

Earnings Distribution

How Belmont University graduates compare to all programs nationally

Compare to Similar Programs in Tennessee

Business/Managerial Economics bachelors's programs at peer institutions in Tennessee (12 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median Debt*Debt/Earnings
Belmont UniversityNashville$41,320$43,422$24,000*
The University of Tennessee-KnoxvilleKnoxville$13,484$44,025$62,859$23,847*0.54
University of MemphisMemphis$10,344$37,534$56,719$26,000*0.69
National Median$53,219$22,250*0.42
* Estimated from similar programs

Career Paths

Occupations commonly associated with business/managerial economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Management Analysts

Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

$101,190/yrJobs growth:Bachelor's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master'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 Belmont University, approximately 19% 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 16 graduates with reported earnings and 18 graduates with debt data. Small samples may not be representative.