Bloomberg Rates Baruch a Top Ten College for ROI
June 1, 2024In a new report entitled “Beyond the Ivies: Surprise Winners in the List of Colleges with Highest ROI,” Bloomberg places Baruch among the best colleges for return on investment.
Drawing on data from Georgetown University’s Center for Education and the Workforce on undergraduate majors in science, technology, engineering, and mathematics (STEM), Bloomberg ranked Baruch in the top 10 for best ROI 10 years post-graduation. According to Bloomberg’s analysis, Baruch’s ROI is $257,000, while its net price is just $2,264. Just 13 percent of Baruch students are STEM majors, yet the college performed as well as or better than trade-focused colleges like the U.S. Merchant Marine Academy, the Massachusetts College of Pharmacy and Health Sciences, and Missouri University of Science and Technology.
The Zicklin School of Business offers only two undergraduate STEM majors—computer information systems (CIS) and statistics and quantitative modeling (SQM)—but graduates of those programs are top earners. According to figures compiled by Baruch’s Starr Career Development Center, the average Zicklin CIS major earns a full-time salary of nearly $72,000 three years post-graduation. Zicklin SQM majors, meanwhile, can expect to earn over $84,000 three years after graduating.
“These programs are small but mighty,” said Marios Koufaris, interim associate dean for administration and finance at the Zicklin School of Business. “Outcomes for CIS and SQM majors are substantially higher than for many other undergraduate STEM majors.”