Median Earnings (1yr)
$49,381
63rd percentile
60th percentile in New Jersey
Median Debt
$26,481
2% above national median

Analysis

Centenary University's business program delivers solid results that surpass both state and national averages, with graduates earning $49,381 in their first yearβ€”about $4,000 more than typical New Jersey business majors. While this puts the program in the 60th percentile among Garden State schools, it's worth noting the gap with New Jersey's elite programs: Stevens and Thomas Edison graduates earn roughly $20,000 more right out of the gate.

The debt picture here is actually quite manageable. At $26,481, student borrowing sits just slightly above state and national medians, creating a debt-to-earnings ratio of 0.54 that allows most graduates to handle their payments comfortably. The 12% earnings growth to $55,373 by year four suggests graduates build marketable skills and advance in their careers at a reasonable pace.

For families looking at private schools in New Jersey, Centenary offers middle-of-the-road value in business education. It won't deliver the explosive earning power of Stevens or the Rutgers system, but the combination of above-average starting salaries and moderate debt means your investment should pay off within a reasonable timeframe. The 97% admission rate makes this an accessible option for students who may not get into more selective programs while still delivering earnings that beat the typical New Jersey business graduate.

Where Centenary University Stands

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

Earnings Distribution

How Centenary University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Centenary University$49,381$55,373+12%
Stevens Institute of Technology$70,694$100,049+42%
The College of New Jersey$56,286$81,674+45%
Rutgers University-Camden$58,896$77,221+31%
Rutgers University-New Brunswick$58,896$77,221+31%

Compare to Similar Programs in New Jersey

Business Administration, Management and Operations bachelors's programs at peer institutions in New Jersey (30 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Centenary UniversityHackettstown$37,732$49,381$55,373$26,4810.54
Stevens Institute of TechnologyHoboken$60,952$70,694$100,049$27,0000.38
Thomas Edison State UniversityTrenton$6,638$69,147$67,245$12,5000.18
Rutgers University-CamdenCamden$17,079$58,896$77,221$23,2500.39
Rutgers University-New BrunswickNew Brunswick$17,239$58,896$77,221$23,2500.39
Rutgers University-NewarkNewark$16,586$58,896$77,221$23,2500.39
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 Centenary University, approximately 38% 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 138 graduates with reported earnings and 161 graduates with debt data. Small samples may not be representative.