by our College Data Analytics TeamWe've gathered data and other essential information about the program, such as the average salary of graduates, ethnicity of students, how many students graduated in recent times, and more. In addition, we cover how NJIT ranks in comparison to other schools with business administration programs.
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The bachelor's program at NJIT was ranked #291 on College Factual's Best Schools for business administration list. It is also ranked #11 in New Jersey.
During the 2021-2022 academic year, New Jersey Institute of Technology handed out 94 bachelor's degrees in business administration & management. This is an increase of 4% over the previous year when 90 degrees were handed out.
In 2022, 63 students received their master’s degree in business administration from NJIT. This makes it the #442 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 NJIT is $52,174. This is great news for graduates of the program, since this figure is higher than the national average of $45,741 for all business administration bachelor's degree recipients.
In 2022-2023, the average part-time undergraduate tuition at NJIT was $1,392 per credit hour for out-of-state students. The average for in-state students was $595 per credit hour. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $15,616 | $32,528 |
| Fees | $3,406 | $3,406 |
| Books and Supplies | $2,750 | $2,750 |
| On Campus Room and Board | $15,000 | $15,000 |
| On Campus Other Expenses | $4,580 | $4,580 |
Learn more about NJIT tuition and fees.
For the most recent academic year available, 69% of business administration bachelor's degrees went to men and 31% went to women.
The following table and chart show the ethnic background for students who recently graduated from New Jersey Institute of Technology with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 23 |
| Black or African American | 15 |
| Hispanic or Latino | 17 |
| White | 25 |
| Non-Resident Aliens | 9 |
| Other Races | 5 |
NJIT does not offer an online option for its business administration bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the NJIT Online Learning page.
Graduates of the master's business administration program at NJIT make a median salary of $103,850. This is a better than average outcome since the median salary for all business administration graduates with a master's is $72,329.
During the 2021-2022 academic year, 53 students graduated with a master's degree in business administration from NJIT. About 57% were men and 43% were women.
The following table and chart show the ethnic background for students who recently graduated from New Jersey Institute of Technology with a master's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 15 |
| Black or African American | 14 |
| Hispanic or Latino | 6 |
| White | 15 |
| Non-Resident Aliens | 0 |
| Other Races | 3 |
Take a look at the following statistics related to the make-up of the business administration majors at New Jersey Institute of Technology.
| Related Major | Annual Graduates |
|---|---|
| Management Sciences & Quantitative Methods | 36 |
| Finance & Financial Management | 2 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.