Analysis
Belmont's International Business program sits squarely in the middle of what similar programs typically deliver—peer institutions nationally suggest first-year earnings around $49,890, which tracks remarkably close to the actual four-year earnings of $49,604 reported for this program. That consistency suggests graduates aren't experiencing the typical earnings growth curve most business majors see, which warrants attention. At an estimated $25,000 in debt (based on what comparable programs at similar private institutions typically produce), you're looking at roughly half a year's salary—a manageable ratio that meets conventional standards for educational debt.
The real question is whether this program justifies Belmont's private school price point when Tennessee's public option, the University of Memphis, reports actual earnings of $40,857 for International Business majors—about $9,000 less annually. That $9,000 difference could help offset the higher tuition costs over time, though you'd need to compare actual net prices after financial aid. What's less encouraging is that these earnings figures barely exceed what many business programs produce—there's little evidence here that the "international" specialization commands a premium in the job market.
For families stretching to afford a private university education, this data suggests Belmont's International Business degree delivers competitively but not exceptionally. The debt load appears reasonable, but the flat earnings trajectory between years one and four should prompt questions about career advancement prospects for graduates.
Where Belmont University Stands
Earnings vs. debt across all international business bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Belmont University | — | $49,604 | — |
| George Washington University | $70,856 | $101,930 | +44% |
| Georgetown University | $81,800 | $101,821 | +24% |
| University of Wisconsin-Madison | $66,591 | $94,010 | +41% |
| University of Memphis | $40,857 | $55,177 | +35% |
Compare to Similar Programs in Tennessee
International Business bachelors's programs at peer institutions in Tennessee (11 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $41,320 | $49,890* | $49,604 | $25,000* | — | |
| $10,344 | $40,857* | $55,177 | $21,500* | 0.53 | |
| National Median | — | $49,890* | — | $23,472* | 0.47 |
Career Paths
Occupations commonly associated with international business graduates
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Business Teachers, Postsecondary
Business Operations Specialists, All Other
Business Continuity Planners
Sustainability Specialists
Online Merchants
Security Management Specialists
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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 103 similar programs. Actual outcomes may vary.