Business Administration, Management and Operations at Northern Michigan University
Bachelor's Degree
nmu.eduAnalysis
Northern Michigan's business program sits in the bottom quartile of Michigan business schools, with graduates earning about $10,000 less than the state median just one year out. At $38,848 initially, new graduates earn roughly what they might make in many entry-level positions that don't require a degreeβconsiderably below the $50,550 median for Michigan business programs. The gap is significant: you're looking at nearly $100,000 less in starting salary compared to Michigan State graduates and vastly less than Michigan-Ann Arbor's business alumni.
The debt picture offers modest reliefβat $23,795, it's below both state and national averages, translating to a 0.61 debt-to-earnings ratio that's manageable if not ideal. Earnings do improve to $47,962 by year four, showing 24% growth, but that still lags behind what many Michigan business graduates earn right out of school. The location factor matters here: Marquette's Upper Peninsula setting limits immediate job market access compared to Detroit, Grand Rapids, or Lansing metro areas where most Michigan business opportunities cluster.
For families prioritizing affordability and who value Northern Michigan's setting or have strong regional ties to the U.P., the lower debt makes this workable. But if career earnings potential drives your decision, Michigan's other public universities deliver substantially better outcomes for business majors, even after accounting for potentially higher costs. The regional job market constraints appear built into these numbers and warrant serious consideration.
Where Northern Michigan University Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Northern Michigan University 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 |
|---|---|---|---|
| Northern Michigan University | $38,848 | $47,962 | +23% |
| University of Michigan-Ann Arbor | $93,674 | $116,095 | +24% |
| Oakland University | $62,359 | $81,070 | +30% |
| Michigan State University | $71,253 | $79,719 | +12% |
| Cleary University | $50,573 | $71,725 | +42% |
Compare to Similar Programs in Michigan
Business Administration, Management and Operations bachelors's programs at peer institutions in Michigan (40 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $13,304 | $38,848 | $47,962 | $23,795 | 0.61 | |
| $17,228 | $93,674 | $116,095 | $19,000 | 0.20 | |
| $15,988 | $71,253 | $79,719 | $23,250 | 0.33 | |
| $14,694 | $62,359 | $81,070 | $26,000 | 0.42 | |
| $14,628 | $57,760 | $70,536 | $27,000 | 0.47 | |
| $14,944 | $57,102 | $69,612 | $31,000 | 0.54 | |
| 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 Northern Michigan University, approximately 27% 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 63 graduates with reported earnings and 59 graduates with debt data. Small samples may not be representative.