Analysis
Massachusetts finance programs show enormous variation in early career outcomes, with top performers like Boston College producing first-year earnings over $80,000 while others fall closer to $55,000. Based on comparable finance programs in the state, Merrimack graduates likely start around that median—$55,914—with estimated debt of $26,750. That's a manageable debt-to-earnings ratio of 0.48, meaning total debt equals less than half of first-year salary.
The challenge is uncertainty. With an admission rate of 74% and only 15% of students receiving Pell grants, Merrimack serves a relatively affluent student body, but we don't have actual graduate outcomes to know whether this program delivers value comparable to its peer institutions. Other Massachusetts schools with reported data—like nearby Stonehill College at $58,832 or Endicott at $62,878—suggest there's room for variation even among similar private institutions.
For parents, the key question is whether you're comfortable with estimates when making a significant financial decision. The projected debt load is reasonable for a finance degree, but you're operating on state averages rather than track record. If your child is choosing between Merrimack and a program with transparent outcomes data, that transparency matters—especially when neighboring schools show such different results.
Where Merrimack College Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Compare to Similar Programs in Massachusetts
Finance and Financial Management Services bachelors's programs at peer institutions in Massachusetts (24 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,786 | $55,914* | — | $26,750* | — | |
| $67,680 | $82,495* | $110,242 | $18,000* | 0.22 | |
| $58,150 | $72,309* | $92,531 | $26,000* | 0.36 | |
| $17,357 | $68,920* | $83,610 | $23,250* | 0.34 | |
| $39,212 | $62,878* | — | $27,000* | 0.43 | |
| $54,500 | $58,832* | $90,245 | $26,000* | 0.44 | |
| National Median | — | $53,590* | — | $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 Merrimack College, approximately 15% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 11 similar programs in MA. Actual outcomes may vary.