Graduates From This Bachelor of Business Administration Program Landed Six-Figure Salaries
Credit: uschools / Getty Images- 2024 bachelor of business administration graduates from the University of Michigan Ross School of Business earned a median starting salary of more than $100,000 last year.
- That’s the second straight year of a six-figure median starting salary for Ross BBA graduates.
- Graduates also had a 99% job offer rate for the third year in a row.
- Graduates largely headed into the financial services, consulting, and tech sectors.
While year-over-year salaries and hiring numbers are down at some top master of business administration (MBA) programs, the market for undergraduate business students is showing positive early signs.
Bachelor of business administration (BBA) graduates from the University of Michigan Ross School of Business scored a median starting salary of more than $100,000 last year, according to a report from the school.
That’s the second straight year that Ross BBA graduates have had a median salary of more than $100,000. Those earnings held steady year over year, with Ross first achieving the program median salary of $100,000 with its 2023 BBA class.
Those earnings came alongside signing bonuses, with 82% of the class reporting a median signing bonus of $10,000.
Ross BBA graduates also had stellar job offer rates. More than 99% of graduates received a job offer by Sept. 30. That’s the third year in a row of 99% job offer rates at Ross.
“We are proud to see Michigan Ross BBA graduates continuously recognized as strong candidates by the world’s top employers,” Heather Byrne, managing director of the Career Development Office at Ross, said in a press release.
“The employment data results underscore the quality of graduates, the value of a Michigan Ross degree, the effectiveness of our career services, and our commitment to preparing impactful leaders.”
A plurality of 2024 Ross graduates, 43.8%, went into the financial services industry. Consulting was the second option at 23%, and the tech sector was the third-largest industry for grads at 7.3%.
Those figures almost mirror the 2023 class, when 42.9% of graduates went into financial services, 24.8% went into consulting, and 9.8% went into tech.