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Business Administration at Millikin University

Decatur, IL · Private nonprofit · Bachelor's Degree · Business Administration, Management and Operations

DegreeOutlook Score (Base Case) — assumes in-state tuition

Optimistic

Base Case

Pessimistic

Earnings $46,431/yr (-1% vs median)

AI Risk High (47% exposed)

Job Market Very Large (1,753,300 openings/yr)

ROI 5.1x earnings multiple (3.1x out-of-state)

Ranked #749 of 1,169 Business Administration programs

How AI Changes the Outlook

Three scenarios based on how aggressively AI disrupts the career paths available to Business Administration graduates.

	Optimistic No Disruption	Base Case Gradual AI	Pessimistic Aggressive AI
10-Year Earnings	$552K	$547K	$502K
Earnings Multiple (In-State)	5.1x	5.1x	4.7x
Earnings Multiple (Out-of-State)	3.2x	3.1x	2.9x
Probability of Field Employment	47%	43%	32%
DegreeOutlook Score	58	57	51

10-Year Earnings Projection

*Year 1 uses actual reported earnings. Scenarios diverge as AI impact compounds over time.

4-Year Tuition, In-State (Sticker)

$107,568

Out-of-state: $174,680 (3.1x ROI)

4-Year Net Price (After Aid)

$35,348

67% less than sticker · See by income

Median Debt at Graduation

$27,000

7.0 months of Year 1 earnings

Reported Earnings (5 Year)

$59,166

27% growth from Year 1

Program Analysis

Millikin University's Business Administration program produces graduates earning $46,431/yr — within striking distance of the $46,892 national average for this field.

At 5.1x the cost of in-state tuition, the ten-year earnings outlook represents a strong return. Not exceptional, but meaningfully positive.

AI risk is moderate — 47% task exposure — and the 9% scenario spread suggests disruption would dent but not destroy the earnings outlook.

The $27,000 debt-to-$46,431 income ratio translates to about 7 months of earnings. Standard loan terms should handle this comfortably.

At #749 out of 1,169 programs, Millikin University's financial outcomes for Business Administration trail the majority of peers. The value case depends on other factors.

The five-year earnings trajectory from $46,431 to $59,166 shows 27% growth, reflecting steady but unremarkable salary progression.

About Millikin University

Millikin University's 54% acceptance rate reflects moderate selectivity, a smaller institution with 1,458 students in Decatur, IL. The average net cost of $35,348 over four years represents a 67% discount from published tuition.

See all programs and financial aid at Millikin University →

Top Career Paths

Chief executives $206,420/yr

Computer and information systems managers $171,200/yr

Architectural and engineering managers $167,740/yr

View all 42 career paths with salary ranges and AI risk →

Compare & Explore

Business Administration at Other Schools

Other Majors at Millikin University

Is a Trade Program a Better Fit?

For students who prefer applied learning, trade programs can deliver strong earnings with significantly less debt and shorter time to employment.

Frequently Asked Questions

How does Millikin University's Business Administration program score?

A score of 57/100 reflects decent absolute metrics, but Millikin University trails the majority of Business Administration programs on relative rankings. Context matters more than the raw number.

How vulnerable is Business Administration to AI automation?

AI won't 'replace' Business Administration careers outright, but it is likely to reduce the number of job openings. We model 47% task exposure, which compresses field employment probability in our scenarios.

How affordable is Business Administration at Millikin University after financial aid?

Sticker price is $107,568, but the average net cost is $35,348 — a 67% discount. For students who qualify for aid, this program is considerably more affordable than it appears.

Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →