How much money do Southwest Minnesota State University graduates make and which majors earn the most upon graduating? Six years after enrolling, alumni who are working have average earnings of $32,500 per year. After ten years, graduates earn $41,200 on average.
In terms of specific areas of study, the following is a ranking of degree programs by the median first-year starting salaries for Southwest Minnesota State University graduates.
The undergraduate degree which initially pays the highest is Accounting and Related Services with a median starting salary of $44,100 followed by Finance and Financial Management Services paying $41,400 and Business Administration, Management and Operations graduates who have a median starting income of $39,100 .
Looking at post-graduate and doctorate students, those completing the Business Administration, Management and Operations (Master's Degree) program rank first with a median initial income of $55,700 followed by Education (Master's Degree) at $48,500 .
Note about salary data: First year earnings data are aggregated by the US Department of Education and analyzes IRS reported income for Southwest Minnesota State University graduates who received federal financial aid in the form of grants or loans. Not all graduates or fields of study are represented as data for some degree programs are omitted for privacy purposes.
| Major | Earnings |
|---|---|
| Business Administration, Management and Operations (Master's Degree) | $55,700 |
| Education (Master's Degree) | $48,500 |
| Accounting and Related Services (Bachelor’s Degree) | $44,100 |
| Finance and Financial Management Services (Bachelor’s Degree) | $41,400 |
| Business Administration, Management and Operations (Bachelor’s Degree) | $39,100 |
| Teacher Education and Professional Development, Specific Subject Areas (Bachelor’s Degree) | $37,600 |
| Criminal Justice and Corrections (Bachelor’s Degree) | $36,900 |
| Teacher Education and Professional Development, Specific Levels and Methods (Bachelor’s Degree) | $36,200 |
| Marketing (Bachelor’s Degree) | $34,900 |
| Social Work (Bachelor’s Degree) | $33,400 |
| Psychology (Bachelor’s Degree) | $31,400 |
| Health and Physical Education/Fitness (Bachelor’s Degree) | $25,600 |
Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=175078 IPEDS survey and College Scorecard data for Southwest Minnesota State University.