Northwood University recently received a 4th place rank in the "Best Private Business Schools" category in the national 2014 PayScale College ROI Report. The survey revealed Northwood University delivers a 9 percent annual return on investment (ROI) for its graduates. In 2013, Northwood University ranked 7th overall in this same category.
The PayScale Survey ranked more than 900 U.S. colleges and universities based on total cost and alumni earnings. The study's annual ROI figure compares the return over 20 years when investing money in a degree at a certain school as opposed to other investments, such as stocks or bonds. Total cost to attend a school is based on the school's tuition, room and board, books and supplies and is weighted for in-state and out-of-state tuition rates.
Northwood University's 2014 results can be found here.
Other private business schools in the 2014 top 10 for annual ROI include Park University, Babson College, Bentley College, Nichols College, Bryant University, St. Joseph's University, Cardinal Stritch University, Indiana Wesleyan University and Southern New Hampshire University.
"The results of this study directly reflect that Northwood University offers a truly unique and exceptional value proposition for students seeking a business degree," notes Keith A. Pretty, president and CEO of Northwood University. "It also indicates that we have one of the lowest total costs within the Specialty Business Colleges and Universities category. Northwood University finds itself in the distinctive position of offering many specialty business majors, such as automotive marketing and management, aftermarket management, franchise management, sustainability management, and supply chain management and operations, to name just a few."
Northwood University, which specializes in free-market, entrepreneurial-focused business education at the undergraduate and graduate levels, also provides students the option to enroll in a dual-major track.
Northwood University is committed to the most personal attention to prepare students for success in their careers and in their communities; it promotes critical thinking skills, personal effectiveness, and the importance of ethics, individual freedom and responsibility.
Private, nonprofit, and accredited, Northwood University specializes in managerial and entrepreneurial education at two full-service, residential campuses located in southern Florida and mid-Michigan. Adult Degree Programs are available in seven states with many course delivery options including online. The DeVos Graduate School offers accelerated, evening and weekend programming in Michigan, Texas and Florida. The Alden B. Dow Center for Creativity and Enterprise provides system-wide expertise in family enterprise, entrepreneurship, creativity and innovation, and new business development. International education is offered through study abroad and in Program Centers in China (Changchun and Wuxi), Malaysia and Sri Lanka.