Scheller College Ranked #6 of Best Business Schools In The U.S.

A recent survey from NerdWallet evaluated the best colleges for business majors in the United States, ranking Georgia Institute of Technology’s Scheller College of Business as number six of 358 schools across the country.

The website evaluated the schools based on a number of different factors including affordability, name recognition, and both the salaries and debt amounts of recent graduates.

According to the website, the amount of deb students graduate with made up 20% of the score, and was measured using a compilation of average graduate debt reported by the Institute for College Access and Success. Affordability weighed in 15 30% of the score, and took into account both the cost of tuition as well as the average amount of student aid. 35% of the score was reserved for graduate salary, which was examined by investigating the average salary of business majors 10 years or more out of college. Finally, the prestige of each school was considered as 15% of the score. SAT scores were used as a way to evaluate the prestige of each school, considering the importance of SAT scores in many school’s admissions process.

The ranking also includes tips to both incoming students and graduates with business degrees, such as maxing out federal and state loans which offer lower interest rates, and refinancing your student loans to reduce monthly payments after college.

The website’s writeup for the Georgia Institute of Technology states: “Georgia Tech is located in Atlanta, which is also home to Fortune 500 companies, including Coca-Cola Co., Delta Air Lines and Home Depot. While many students focus on science and technology, business is the second-most common major, according to U.S. News and World Report.”

regions: Atlanta

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