Business Administration, Management and Operations at Grace College and Theological Seminary
Bachelor's Degree
grace.eduAnalysis
Grace College's business program posts impressive first-year earnings of $62,251βlanding in the 95th percentile nationally and 80th percentile in Indiana. That starting salary rivals or exceeds programs at much larger institutions like Purdue and Indiana Wesleyan, while graduates carry just $20,104 in debt (well below both state and national medians of $26,000). For an 81% admission rate school, these outcomes punch above their weight.
The concern here is unmistakable: earnings drop sharply to $49,304 by year four, a 21% decline. This pattern suggests graduates may be landing entry-level positions with strong starting compensation but limited advancement opportunities, or that early-career job changes aren't improving their earning trajectories. However, even with this decline, year-four earnings remain near the Indiana median for business programs.
The low debt load is the safety net. With a debt-to-earnings ratio of just 0.32 based on first-year income, graduates have financial flexibility even if their earnings plateau or dip early in their careers. They're not locked into high-paying jobs to service debt, which matters if the career path requires patience or additional credentialing. For Indiana families seeking a business degree without financial overextension, Grace delivers solid initial placement with manageable downside risk.
Where Grace College and Theological Seminary Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Grace College and Theological Seminary 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 |
|---|---|---|---|
| Grace College and Theological Seminary | $62,251 | $49,304 | -21% |
| Saint Mary's College | $52,891 | $74,163 | +40% |
| Purdue University-Main Campus | $57,106 | $71,553 | +25% |
| Indiana Wesleyan University-Marion | $58,880 | $62,714 | +7% |
| Indiana Wesleyan University-National & Global | $58,880 | $62,714 | +7% |
Compare to Similar Programs in Indiana
Business Administration, Management and Operations bachelors's programs at peer institutions in Indiana (41 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $30,034 | $62,251 | $49,304 | $20,104 | 0.32 | |
| $10,758 | $60,526 | $59,631 | $20,500 | 0.34 | |
| $31,168 | $58,880 | $62,714 | $42,138 | 0.72 | |
| $8,216 | $58,880 | $62,714 | $42,138 | 0.72 | |
| $10,110 | $57,308 | $52,586 | $45,176 | 0.79 | |
| $9,992 | $57,106 | $71,553 | $19,500 | 0.34 | |
| 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 Grace College and Theological Seminary, approximately 29% 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 36 graduates with reported earnings and 47 graduates with debt data. Small samples may not be representative.