Business Administration, Management and Operations at Franklin and Marshall College
Bachelor's Degree
fandm.eduAnalysis
Franklin and Marshall's business program punches well above its weight, placing graduates in the 95th percentile nationally and 80th percentile within Pennsylvaniaβremarkable for a liberal arts college competing against dedicated business schools. That $64,664 starting salary beats the national median by 42% and the PA median by 37%, putting F&M graduates ahead of much larger programs from day one.
The debt picture sweetens the deal considerably. At $19,500, graduates carry about 25% less debt than typical business majors in Pennsylvania, creating a debt-to-earnings ratio of 0.30 that most programs would envy. Four years out, median earnings hit $77,821, demonstrating solid progression that keeps F&M alumni competitive with larger universities. While the program doesn't quite reach the stratospheric heights of nearby Carnegie Mellon or Penn, it delivers outcomes comparable to Lehigh at a fraction of the debt burden many students face.
For families weighing a selective liberal arts education against traditional business schools, F&M offers compelling evidence that the model works. The combination of strong placement, manageable debt, and consistent growth suggests graduates are finding meaningful career traction. The moderate sample size means individual outcomes may vary, but the pattern is clear: this program delivers genuine career value without the debt load that often comes with comparable earnings elsewhere.
Where Franklin and Marshall College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Franklin and Marshall 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 |
|---|---|---|---|
| Franklin and Marshall College | $64,664 | $77,821 | +20% |
| Carnegie Mellon University | $95,891 | $123,200 | +28% |
| University of Pennsylvania | $91,443 | $90,686 | -1% |
| Lehigh University | $69,289 | $86,039 | +24% |
| Drexel University | $61,478 | $77,268 | +26% |
Compare to Similar Programs in Pennsylvania
Business Administration, Management and Operations bachelors's programs at peer institutions in Pennsylvania (82 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $68,380 | $64,664 | $77,821 | $19,500 | 0.30 | |
| $63,829 | $95,891 | $123,200 | $23,250 | 0.24 | |
| $66,104 | $91,443 | $90,686 | $20,348 | 0.22 | |
| $62,180 | $69,289 | $86,039 | $20,500 | 0.30 | |
| $21,524 | $62,675 | $74,000 | $21,000 | 0.34 | |
| $60,663 | $61,478 | $77,268 | $27,000 | 0.44 | |
| National Median | β | $45,703 | β | $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 Franklin and Marshall College, approximately 17% 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 41 graduates with reported earnings and 44 graduates with debt data. Small samples may not be representative.