Analysis
Notre Dame Finance graduates earn nearly double the national median for their majorβ$99,222 versus $53,590βplacing them in the 95th percentile both nationally and within Indiana. This isn't just about the Notre Dame brand; it's about access to elite investment banking and corporate finance roles that remain largely concentrated among top-tier programs. The $19,000 median debt produces a debt-to-earnings ratio of 0.19, meaning graduates earn back their entire loan burden in roughly two months of work.
The trajectory reinforces the initial advantage: four-year earnings of $111,893 show these graduates aren't just landing hot first jobs but building sustainable careers in high-paying financial sectors. Compare this to the next-best Indiana option (University of Evansville at $61,531) and the gap speaks to recruiting networks rather than curriculum differences. The 12% admission rate means getting in is the real hurdle, but for families who can clear that bar, the financial returns are exceptional even by finance major standards.
The caveat here is obvious: only 12% of Notre Dame students receive Pell grants, suggesting many families are already affluent. But for middle-class families taking on moderate debt, the math works decisively. A sub-20% debt ratio in a field known for volatile compensation is about as secure as this major gets.
Where University of Notre Dame Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Earnings Distribution
How University of Notre Dame 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 |
|---|---|---|---|
| University of Notre Dame | $99,222 | $111,893 | +13% |
| Purdue University-Main Campus | $59,938 | $74,985 | +25% |
| Valparaiso University | $55,399 | $72,406 | +31% |
| Butler University | $60,290 | $65,927 | +9% |
| Ball State University | $50,077 | $62,243 | +24% |
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 |
|---|---|---|---|---|---|
| $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 | |
| $37,350 | $57,037 | β | β | β | |
| 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 University of Notre Dame, approximately 12% 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 119 graduates with reported earnings and 120 graduates with debt data. Small samples may not be representative.