Analysis
Boston College's Carroll School of Management produces outcomes that eclipse nearly every business program in Massachusetts and rank among the nation's elite. With first-year earnings of $71,675—nearly 50% above the state median and $26,000 above the national median—this program justifies its selective admissions. At the 80th percentile among Massachusetts business programs, it edges out even Babson and Bentley, schools renowned for business education. The debt picture is equally compelling: graduates carry just $17,873, about one-third less than both state and national norms.
The 0.25 debt-to-earnings ratio means graduates owe roughly three months of salary, and earnings climb another 21% by year four to $86,804. This combination—top-tier starting salaries, minimal debt burden, and strong earnings trajectory—is exactly what you'd hope to see from a highly selective program. The 13% Pell Grant rate suggests the student body skews affluent, which may contribute to networking advantages and access to high-paying opportunities post-graduation.
For families who can gain admission and afford attendance, this represents one of the strongest business programs in New England. The value proposition is straightforward: BC's business degree opens doors to lucrative entry-level positions while keeping debt manageable, creating immediate financial stability after graduation.
Where Boston College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Boston College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Boston College | $71,675 | $86,804 | +21% |
| Babson College | $69,970 | $89,884 | +28% |
| Wentworth Institute of Technology | $64,591 | $88,200 | +37% |
| Boston University | $71,545 | $86,755 | +21% |
| Bentley University | $67,903 | $86,432 | +27% |
Compare to Similar Programs in Massachusetts
Business Administration, Management and Operations bachelors's programs at peer institutions in Massachusetts (44 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $67,680 | $71,675 | $86,804 | $17,873 | 0.25 | |
| $65,168 | $71,545 | $86,755 | $25,000 | 0.35 | |
| $56,032 | $69,970 | $89,884 | $23,000 | 0.33 | |
| $58,150 | $67,903 | $86,432 | $25,000 | 0.37 | |
| $41,010 | $64,591 | $88,200 | — | — | |
| $18,072 | $64,502 | $53,036 | $27,083 | 0.42 | |
| National Median | — | $45,703 | — | $26,000 | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
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 Boston College, approximately 13% 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 73 graduates with reported earnings and 74 graduates with debt data. Small samples may not be representative.