Brigham Young University graduates with a Master's of Business degree sure know how to spot a good deal when they see one, according to a recent report by U.S. News and World Report. The program came in ninth place out of 93 universities that have the most financial value at graduation, based on the average amount of debt graduates have versus their average starting salaries. According to the 2013 list, BYU graduates have an average starting salary of just under $92,372, the highest on the list. The average debt levels at $28,519, making their salary-to-debt ratio 3.2. Here is a look at the top 10 universities.
The Farmer School of Business in Oxford, Ohio, is ranked 78 of business schools by U.S. World News and Report. Their average starting salary is $71,900 and average student debt is $22,394, tying with BYU's salary-to-debt ratio at 3.2.
The Marriott School of Management has the highest average starting salary on the list at $92,372, and also the highest average student debt at $28,519. Their salary-to-debt ratio is 3.2 and the U.S. News World and Report ranked them the 34 of business school.
Mays Business School in College Station, Texas, was No. 1 in this category last year, but they still make the list at No. 8 with a 3.4 salary-to-debt ratio. Their average starting salary is $87,169 and average student debt is $25,567.
The Lundquist College of Business in Eugene, Ore., ranks No. 91 out of business schools by the U.S. News World and Report. Their average starting salary is $58,500, and student debt is $16,904, making their salary-to-debt ratio 3.5.
The Henry B. Tippie School of Management is in the top fifty U.S. News World and Report ranking. Their starting salary is one the higher universities, at about $82,539 and average debt is $23,826, giving them a 3.5 salary-to-debt ratio.
The Neely School of Business will have their 75th anniversary in 2013, and can celebrate their U.S. News ranking of No. 70 for business schools. Their average starting salary is $74,915, and their average debt $21,680, giving them a 3.5 salary-to-debt ratio.
The Hankamer School of Business in Waco, Texas, offers a 16-month accelerated track and a standard 21-month track for their graduates. Ranked 64 out of business schools per the U.S. News World and Report, their average starting salary is $64,700. Their average student graduate debt is $18,000, making their salary-to-debt ratio 3.6.
The College of Business Administration at SDSU is the only university on the list with a 4.1 salary-to-debt ratio. Their average starting salary is $59,236, compared to their $14,513 average debt.
The Zicklin School of Business in New York City made this top-ten list for their second consecutive year. Graduates left the school with an average $14,746 amount of debt, making their salary-to-debt ratio 5.5, with an average starting salary of $81,678.
The E. J. Ourso College of Business in Louisiana is ranked 81 for business schools overall by U.S. News and Report. And when it comes to affordability, they take the cake. Their average student debt is only $8,524, and their average starting salary is $54,914, giving them the highest 6.4 salary-to-debt ratio.