Leavey Ranked No. 4 for ROI
The Leavey School of Business has been ranked no. 4 in the country for return on a student’s college investment by PayScale. PayScale’s College ROI rankings are based on a “20 Year Return on Investment,” measured as the additional salary over 20 years that a graduating student would earn above that of a high-school graduate, after subtracting the cost of the education. Santa Clara business majors reported a median 20-year ROI of $756,200, which is the fourth-best in the nation.
A degree from Santa Clara University was ranked in the top 5 percent in the survey for return on investment. The school was ranked no. 51 out of 1223 colleges or universities that were ranked by PayScale. Among the 407 private, nonprofit institutions on the list, Santa Clara’s ROI ranked no. 27, which is in the top 7 percent of the rankings. Among 81 California schools, SCU was ranked at no. 9, which is part of the top 12 percent.
Santa Clara University graduates were calculated to have a 20-year net ROI of $596,200. Graduates reported to PayScale to having a typical starting salary of $56,600 and a mid-career salary of $111,700. PayScale’s data came from its 1.4 million website users, who self-report their salaries and their alma maters. Only schools that PayScale had a statistically significant sample from were considered for this study. Exclusion from the study was not a reflection on the quality of the institution, but simply indicates that there was not enough verified data from the school to publish a Salary ranking for it.
In addition to being ranked for an excellent ROI, The Leavey School of Business also helps its students and alumni with job placement and career preparation. Graduate Business Career Management provides Santa Clara students with resources to successfully manage their careers including, individual career consulting sessions for students, useful links to resources to enhance job search, events for students and alumni managing their careers and connecting current students with alumni and employers and a program that connects MBA student teams with employers on projects addressing a specific business challenge.
About the Author
Erin Purcell
Staff Writer, covering MetroMBA's news beat for New York, Philadelphia, and Boston.
