by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. Also, learn how LEC ranks among other schools offering degrees in business administration.
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The bachelor's program at LEC was ranked #1,128 on College Factual's Best Schools for business administration list. It is also ranked #47 in Ohio.
During the 2021-2022 academic year, Lake Erie College handed out 22 bachelor's degrees in business administration & management. This is an increase of 29% over the previous year when 17 degrees were handed out.
In 2022, 58 students received their master’s degree in business administration from LEC. This makes it the #477 most popular school for business administration master’s degree candidates in the country.
The median salary of business administration students who receive their bachelor's degree at LEC is $44,440. This is less than $45,741, which is the national median of all business administration majors in the nation who earn bachelor's degrees.
In 2022-2023, the average part-time undergraduate tuition at LEC was $889 per credit hour for both in-state and out-of-state students. The following table shows the average full-time tuition and fees for undergraduates.
| In State | Out of State | |
|---|---|---|
| Tuition | $34,596 | $34,596 |
| Fees | $1,436 | $1,436 |
| Books and Supplies | $1,220 | $1,220 |
| On Campus Room and Board | $11,592 | $11,592 |
| On Campus Other Expenses | $3,470 | $3,470 |
Learn more about LEC tuition and fees.
During the 2021-2022 academic year, 22 students graduated with a bachelor's degree in business administration from LEC. About 68% were men and 32% were women.
The majority of bachelor's degree recipients in this major at LEC are white. In the most recent graduating class for which data is available, 73% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Lake Erie College with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 4 |
| Hispanic or Latino | 1 |
| White | 16 |
| Non-Resident Aliens | 1 |
| Other Races | 0 |
Online degrees for the LEC business administration bachelor’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the LEC Online Learning page.
Business Administration majors graduating with a master's degree from LEC make a median salary of $72,408 a year. This is a better than average outcome since the median salary for all business administration graduates with a master's is $72,329.
Of the 55 business administration students who graduated with a master's degree in 2021-2022 from LEC, about 51% were men and 49% were women.
The majority of master's degree recipients in this major at LEC are white. In the most recent graduating class for which data is available, 73% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Lake Erie College with a master's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 3 |
| Black or African American | 8 |
| Hispanic or Latino | 2 |
| White | 40 |
| Non-Resident Aliens | 0 |
| Other Races | 2 |
Take a look at the following statistics related to the make-up of the business administration majors at Lake Erie College.
| Related Major | Annual Graduates |
|---|---|
| Marketing | 9 |
| Accounting | 5 |
| Entrepreneurial Studies | 3 |
| Finance & Financial Management | 3 |
| Human Resource Management | 1 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.