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Business Administration Degree in Springfield, MO — Salary & ROI 2026

Business Administration degree analysis for Springfield, MO. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$46K

COL-adjusted

Mid-Career

$70K

COL-adjusted

ROI Payback

4.7 yrs

in Springfield

Cost of Living

80

index (100 = avg)

Business Administration in Springfield, MO Overview

While Springfield has a smaller college scene with 5 institutions, Business Administration students benefit from lower tuition costs. Room and board averages $13,383/year, and the car-friendly layout shapes the student experience. Business Administration enrollment is stable nationwide, with steady demand for graduates skilled in Leadership and Strategic Planning. The adjusted starting salary in Springfield is approximately $46,400, growing to $70,400 by mid-career.

Category

Business

Local Colleges

5

Public Tuition

$8,210/yr

Private Tuition

$33,330/yr

Room & Board

$13,383/yr

Avg Fin. Aid

$13,942/yr

Unemployment

3.2%

Graduation Rate

52%

Business Administration Salary in Springfield (COL-Adjusted)

Salaries adjusted for Springfield's cost of living index of 80 (national average = 100).

Entry Level (0-2 yrs)
$46,400($-11,600 vs national)
Mid Career (5-9 yrs)
$70,400($-17,600 vs national)
Senior Level (15+ yrs)
$92,000($-23,000 vs national)

Note: National average Business Administration salary: $58,000 starting, $88,000 mid-career, $115,000 senior level.Springfield adjustment factor: 0.80x based on the local cost of living index.

Business Administration ROI Calculator for Springfield

Estimate your return on investment for a Business Administration degree using local Springfield tuition and cost of living data.

Public avg: $8,210 | Private avg: $33,330

Springfield avg aid: $13,942/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$86,372

tuition + room & board - aid

Annual Earnings Premium

$18,400

vs HS diploma in Springfield

ROI Payback Period

4.7 years

to break even

Lifetime Return in Springfield

$433,628

Lifetime earnings premium ($520,000) minus total education cost ($86,372)

Student Loan Payoff for Business Administration in Springfield

Standard Plan (10 years)

Loan Amount$86,372
Monthly Payment$981
Total Interest$31,316
% of Monthly Income25%

Aggressive Plan (5 years)

Loan Amount$86,372
Monthly Payment$1,690
Total Interest$15,026
Interest Savings$16,290

Colleges in Springfield for Business Administration

Missouri State University

public

$8,210/yr

$32,840 total

Drury University

private

$33,330/yr

$133,320 total

Community Colleges (2-Year Transfer)

Ozarks Technical Community College

$3,900/yr

Top Employers for Business Administration in Springfield

Springfield offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Business Administration graduates. National top employers in this field include:

AmazonJPMorganDeloitteProcter & GambleMcKinsey

Key Springfield Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Business Administration Job Titles

Business AnalystOperations ManagerManagement Consultant

Business Administration Degree in Springfield — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Business Administration ROI in other cities, or explore other majors in Springfield.

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