U.S. median for this major: $64,798.
College Scorecard field of study; 90 graduates with earnings reported
Median for graduates who received federal aid.
College Scorecard field of study
About 33% of median earnings 4 years out. U.S. median $25,808.
College Scorecard field of study (federal loans)
Average after grants for all families receiving federal aid. Pick your income above.
Sticker price $32,859. College Scorecard.
NJIT Business Administration: pay against the field, and payback
Same major, other colleges
Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.
Business Administration nationally: jobs, pay at ages 25-34, every state →
Cost to finish and years to pay back, by income
Uses NJIT's school-wide net price (no college reports it by major) and this major's graduate earnings.
| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| $0–30k | $10,138 | $44,506 | 1.1 years |
| $30–48k | $11,165 | $49,014 | 1.3 years |
| $48–75k | $15,958 | $70,056 | 1.8 years |
| $75–110k | $23,152 | $101,637 | 2.6 years |
| $110k+ | $27,244 | $119,601 | 3.1 years |
Cost to finish = yearly price × 4.4 years, the average time graduates took (49% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Business Administration graduates 4 years after graduating ($75,805) minus $36,661 for high school graduates ages 25-34 in NJ (Census ACS 2020-2024), a gain of $39,144 a year. Before taxes, loan interest and earnings given up while in school. Method
College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.
Business Administration at New Jersey colleges
Every New Jersey college we cover that reports Business Administration graduate earnings, highest first. Net price is the school-wide average after grants.
| Rank | College | Earnings, 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|---|
| 1 | Stevens Institute of Technology | $108,400 | $27,000 | $41,346 | 87% |
| 2 | The College of New Jersey | $85,978 | $23,250 | $27,646 | 86% |
| 3 | Rutgers University-Camden | $83,606 | $23,250 | $18,745 | 67% |
| 4 | Rutgers University-New Brunswick | $83,606 | $23,250 | $24,406 | 84% |
| 5 | Rutgers University-Newark | $83,606 | $23,250 | $19,703 | 64% |
| 6 | Monmouth University | $78,591 | $27,000 | $30,988 | 72% |
| 7 | Drew University | $76,232 | $26,111 | $24,280 | 70% |
| 8 | New Jersey Institute of Technology | $75,805 | $25,000 | $16,504 | 73% |
| 9 | Caldwell University | $74,113 | $26,375 | $24,691 | 57% |
| 10 | Rowan University | $73,631 | $22,500 | $22,408 | 67% |
| 11 | Centenary University | $72,527 | $26,481 | $20,503 | 56% |
| 12 | Ramapo College of New Jersey | $70,306 | $24,848 | $18,173 | 70% |
| 13 | Rider University | $69,423 | $24,250 | $24,792 | 61% |
| 14 | Bloomfield College of Montclair State University | $68,235 | $22,457 | $28,014 | 38% |
| 15 | Montclair State University | $68,235 | $22,457 | $15,566 | 65% |
| 16 | Fairleigh Dickinson University-Metropolitan Campus | $65,593 | $25,798 | $15,404 | 53% |
| 17 | Fairleigh Dickinson University-Florham Campus | $65,593 | $25,798 | $22,829 | 67% |
| 18 | Kean University | $65,332 | $27,018 | $12,447 | 47% |
| 19 | Stockton University | $64,060 | $22,500 | $20,670 | 69% |
| 20 | Felician University | $62,282 | $25,000 | $40,045 | 47% |
| 21 | Georgian Court University | $62,271 | $26,000 | $19,285 | 54% |
| 22 | Pillar College | $61,165 | $26,132 | $8,470 | 38% |
| 23 | New Jersey City University | $59,925 | $22,000 | $16,053 | 34% |
| 24 | Saint Peter's University | $58,634 | $19,000 | $12,199 | 58% |
| 25 | Saint Elizabeth University | $46,247 | $24,548 | $23,125 | 51% |
2 more New Jersey colleges offer Business Administration but have too few graduates to report earnings.
Careers for Business Administration graduates
Management analyst
Median annual wage, all workers. U.S. jobs +10.1% by 2035. Typical entry: bachelor's degree.
General and Operations Managers
Median annual wage, all workers. U.S. jobs +5.0% by 2035. Typical entry: bachelor's degree.
Project Management Specialists
Median annual wage, all workers. U.S. jobs +6.7% by 2035. Typical entry: bachelor's degree.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.
What families pay at NJIT, by income
School-wide average after grants for students receiving federal aid. Tap your band.
College Scorecard
About NJIT
- Acceptance rate: 65% · admissions
- Graduation rate: 73% within 6 years
- Median earnings, all majors, 10 years after starting: $84,276
- Full cost breakdown · all 37 majors · overview
NJIT Business Administration questions
How much do NJIT Business Administration graduates earn?
Business Administration graduates of New Jersey Institute of Technology earn a median $75,805 four years after graduating and $52,174 one year after. The U.S. median for Business Administration graduates across 1104 colleges is $64,798.
How much debt do NJIT Business Administration graduates have?
The median federal loan debt for Business Administration graduates of New Jersey Institute of Technology is $25,000, about 33% of their median earnings four years out. Nationally the median is $25,808.
Is NJIT a good school for Business Administration in New Jersey?
On pay, Business Administration graduates of New Jersey Institute of Technology earn $75,805 four years out, $5,941 above the median for the same major across 26 New Jersey colleges ($69,864) and $11,007 above the U.S. median ($64,798). Medians of each college's graduates; EducationGuide calculation from College Scorecard.
Where does NJIT rank for Business Administration in New Jersey?
Of 25 New Jersey colleges reporting Business Administration graduate earnings, New Jersey Institute of Technology ranks 8th. The highest is Stevens Institute of Technology at $108,400.
What jobs do Business Administration graduates get?
A common career is management analyst, with a median wage of $124,390 in the New York-Newark-Jersey City, NY-NJ area and $101,860 nationally. Others include general and operations managers and project management specialists.
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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
Data: JSON · Markdown · all datasets
Cite this: “New Jersey Institute of Technology Business Administration: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/new-jersey-institute-of-technology/majors/business-administration (College Scorecard and BLS data).