Texas A&M University’s MS Finance program was ranked #2 in the nation in a new analysis of student debt and median earnings by The Wall Street Journal. This ranking was published July 15, 2021.
This recognition highlights the program’s track record of providing an exceptional and affordable education that prepares students for high-earning jobs. “Debt-to-median earnings combines two things that students care about – program quality and program cost. An important assessment of program quality is earnings upon graduation. If the program is expensive, a student may have to borrow a lot,” said Dr. Christa Bouwman, acting head of Mays Business School’s Department of Finance. “A program with a low debt-to-earnings ratio is one that is inexpensive relative to what the student will earn upon graduation.”
To develop these rankings, The Wall Street Journal used 2015-16 data about student debt and graduate median earnings from 40 universities that offer master’s degree programs in finance and financial management.
Texas A&M’s MS-Finance program had a debt-to-median earnings ratio of 0.28, which was lower than every institution except for the University of Pennsylvania (0.2). “Graduate programs are costly in terms of both money and foregone earnings,” said Professor Kevin Moore, director of Mays’ MS Finance program. “The debt-to-median earnings gives a quick way for students to assess which programs are delivering on their optimum investment of time and money.”
The median debt for Texas A&M’s MS-Finance graduates was $20,500, which tied with Goldey-Beacom College as the third lowest. Only two institutions had lower debt: Florida State University ($19,250) and the Universidad Ana G. Mendez-Cupey Campus ($19,086). In comparison,
Texas A&M’s MS-Finance graduates have median earnings of $72,448.
The Wall Street Journal ranking underscores the sound investment that students make by enrolling in Texas A&M’s MS-Finance program. Moore noted, “Our focus on return on investment permeates everything from the curriculum to the culture of the program. We only admit the best and brightest students, who are also committed to getting their money’s worth from the program.”