Analysis
Manchester's finance program produces first-year earnings of $42,805βwell below what most Indiana finance graduates earn. That's about $12,600 less than the state median and nearly $11,000 below the national benchmark for this degree. Only 5% of finance programs nationally report lower earnings, placing this program at the bottom of the field.
Based on debt levels typical of similar Indiana programs, graduates likely carry around $26,400 in loans, creating a debt-to-earnings ratio of 0.62. While manageable on paper, this ratio looks different when you factor in the low absolute earnings. A graduate earning $42,805 faces tighter monthly budgets than someone with the same debt ratio but earning $55,000 or $60,000. The comparison to Indiana's stronger finance programs is starkβNotre Dame, Purdue, Butler, and Taylor all produce graduates earning $60,000 or more in their first year.
For parents considering this program, the critical question is whether Manchester offers something distinctive that justifies the earnings gap. If your child is drawn to the school's community or approach, understand they'll likely be starting their career at a significant financial disadvantage compared to peers from other Indiana finance programs. That difference compounds over time in a field where early earnings often set the trajectory for career growth.
Where Manchester University Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Earnings Distribution
How Manchester University graduates compare to all programs nationally
Compare to Similar Programs in Indiana
Finance and Financial Management Services bachelors's programs at peer institutions in Indiana (24 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,090 | $42,805 | β | $26,400* | β | |
| $62,693 | $99,222 | $111,893 | $19,000* | 0.19 | |
| $42,676 | $61,531 | β | β* | β | |
| $39,104 | $60,336 | β | $16,000* | 0.27 | |
| $45,980 | $60,290 | $65,927 | $23,250* | 0.39 | |
| $9,992 | $59,938 | $74,985 | $22,335* | 0.37 | |
| National Median | β | $53,590 | β | $23,332* | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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 Manchester University, approximately 44% 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 19 graduates with reported earnings and 16 graduates with debt data. Small samples may not be representative.