MBA Program Ranks Fifth in the U.S. for Return on Investment
FAU’s MBA program ranks fifth in the United States in terms of a student’s return on investment, according to the new best business school rankings published by SoFi, a San Francisco-based marketplace lender.
Students that earn their MBA at FAU have an average salary of $104,820 and an average debt of $45,573, just behind Stanford University, ranked at No. 4, and ahead of Texas A&M at No. 6 in SoFi’s ranking.
By james-hellegaard | 11/30/2015
The MBA program at Florida Atlantic University’s College of Business ranks fifth in the United States in terms of a student’s return on investment (ROI), with one of the nation’s highest average salary-to-debt ratios after getting a master’s degree, according to the new best business school rankings published by SoFi, a San Francisco-based marketplace lender.
Students that earn their MBA at FAU have an average salary of $104,820 and an average debt of $45,573, just behind Stanford University, ranked at No. 4, and ahead of Texas A&M at No. 6 in SoFi’s ranking. Other colleges in Florida on this list include the University of Central Florida at No. 11 and the University of Florida at No. 15. New York Institute of Technology topped the list.
“In the College of Business at FAU, we are focused on providing first-rate programs that provide excellent value for our students,” said Daniel Gropper, Ph.D., dean of the FAU College of Business. “Our faculty and staff deliver high quality programs that give our graduates a good return on their educational investment, and I am pleased to see FAU recognized among the top MBA programs.”
SoFi analyzed more than 240,000 student loan refinancing applications over a 21-month period (January 2014 to September 2015) to create the first-ever Return on Education MBA Rankings grounded in verified income and debt – not just reported figures. Specifically looking at MBA programs, SoFi examined data from more than 50,000 students, including only those where at least 20 students had applied for refinancing through their website.
According to the SoFi website, “this represents the most objective, factually accurate and defensible data that can’t be found or replicated anywhere else.”
FAU offers several routes for students to obtain a master’s degree in business administration, including the executive MBA, online MBA, professional MBA, professional MBA in hospitality management, professional MBA in sport management and the flexible MBA.
This recognition follows Bloomberg Businessweek’s recent ranking of FAU’s part-time MBA program, and the national ranking of FAU’s online graduate business programs in U.S. News & World Report’s Best Business Schools, as well as the College’s sport management MBA, which ranks sixth internationally and fifth in North America by SportBusiness International .