The business school at the University of Maryland, College Park, offers one of the country’s best returns-on-investment, according to BestValueSchools.com.
The website took an existing list of the 25 top-ranked U.S. universities in business and economics (as compiled by Shanghai Jiao Tong University) and rated them according to potential earnings.
The Robert H. Smith School of Business at UMCP came in at No. 13 on the list, although it was only No. 24 on Shanghai Jiao Tong’s original Top 25 list.
This list of best-ROI business and economics programs were ranked based on a school’s average 30-year net return on investment for graduates, as calculated by Payscale.com. For UMCP as a whole, that comes to $934,800.
However, Payscale also provides a list of the Top 20 best ROI schools for business majors, and Smith doesn’t make that list.
However, BestValueSchools liked that the Shanghai Jiao Tong ranking emphasized research, and the website gave a shout-out to Smith’s two research labs — the Behavioral Laboratory and the Financial Markets Laboratory — and the economics department’s Center for International Research.
Massachusetts Institute of Technology came in at No. 1 for ROI and No. 3 on the original list.
BestValueSchools.com, which provides free rankings of colleges and universities, primarily bases its evaluations on — you guessed it — value.
“This ranking will provide students considering either business or economics with the information necessary to allow them to make informed decisions about where they study, and what kind of return they might expect on their investment,” said a press release from BestValueSchools.com.
The website uses similar methods to calculate other lists, such as the overall “25 Best-Value Universities,” which also factors in graduates’ average amount of debt.