Location: Bourbonnais, IL•In-State Tuition: $37,940•Admission Rate: 67%•Avg SAT: 1103
Est. Earnings (1yr)
$48,715
Est. from IL median (13 programs)
Est. Median Debt
$25,000
Est. from IL median (8 programs)

Analysis

A $25,000 debt load for a bachelor's degree lands right in line with what similar Illinois private colleges report, but the earnings picture requires scrutiny. Based on comparable Management Sciences programs in Illinois, first-year graduates typically earn around $49,000—substantially below the national median of $62,000 for this field. That gap matters because quantitative management degrees usually command premium salaries, and the state's top programs demonstrate this: University of Illinois grads start at $73,000, while North Central exceeds $85,000.

The 0.51 debt-to-earnings ratio itself isn't alarming—you'd pay off the debt in manageable terms. The concern is whether Olivet's program delivers the analytical rigor and recruiting connections that drive higher outcomes in this field. Management sciences at its best combines operations research, data analytics, and strategic decision-making skills that employers value highly. When similar programs in Illinois produce earnings $20,000 below the national norm, it raises questions about curriculum depth, corporate partnerships, or career placement support.

Before committing, demand specifics from Olivet: Where do their actual management sciences graduates work? What's their placement rate in analytics or operations roles versus generic business positions? The difference between the state median and top performers in Illinois is $25,000 annually—over a career, that's a six-figure swing. This program needs to prove it's building competitive quantitative skills, not just checking the bachelor's degree box.

Where Olivet Nazarene University Stands

Earnings vs. debt across all management sciences and quantitative methods bachelors's programs nationally

Olivet Nazarene University (estimated ±10%)Other management sciences and quantitative methods programs

Dashed lines show national medians. Upper-left = best value.

Compare to Similar Programs in Illinois

Management Sciences and Quantitative Methods bachelors's programs at peer institutions in Illinois (20 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Olivet Nazarene UniversityBourbonnais$37,940$48,715*—$25,000*—
North Central CollegeNaperville$44,394$85,168*—$26,851*0.32
University of Illinois Urbana-ChampaignChampaign$16,004$72,527*$86,860$21,000*0.29
National Louis UniversityChicago$12,345$59,084*$68,572$26,094*0.44
Benedictine UniversityLisle$34,290$58,820*—$25,000*0.43
DePaul UniversityChicago$44,460$51,522*$62,488$24,500*0.48
National Median—$62,069*—$23,250*0.37
* Estimated from similar programs

Career Paths

Occupations commonly associated with management sciences and quantitative methods graduates

Actuaries

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

$125,770/yrJobs growth:Bachelor's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/yrJobs growth:Bachelor's degree

Chief Sustainability Officers

Communicate and coordinate with management, shareholders, customers, and employees to address sustainability issues. Enact or oversee a corporate sustainability strategy.

$105,350/yrJobs growth:Bachelor's degree

General and Operations Managers

Plan, direct, or coordinate the operations of public or private sector organizations, overseeing multiple departments or locations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services. Usually manage through subordinate supervisors. Excludes First-Line Supervisors.

$105,350/yrJobs growth:Bachelor's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Management Analysts

Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

$101,190/yrJobs growth:Bachelor's degree

Operations Research Analysts

Formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decisionmaking, policy formulation, or other managerial functions. May collect and analyze data and develop decision support software, services, or products. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.

$91,290/yrJobs growth:Bachelor's degree
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 Olivet Nazarene University, approximately 35% 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 13 similar programs in IL. Actual outcomes may vary.