If you decide that you want to get a business degree, then you might want to consider attending one of the 3 business schools in Newark, New Jersey. With an overall population of 273,546 and a student population of 40,840, approximately 33,655 of Newark students attend one of Newark's schools that offer business programs.
The largest business school in Newark, by student population, is Rutgers University-Newark. In 2010, Rutgers University-Newark graduated approximately 600 students from its business program.
In 2010, 1,630 students graduated with a business degree from one of Newark's business schools. If you decide to join their ranks, you can expect to pay an average of $27,090 per year in tuition if you are eligible for instate tuition. Out of state tuition for all Newark business schools was an average of $37,278 per year in 2009.
In addition to tuition costs, plan on spending an average of $1,510 for business related books and supplies each year. And if you live on campus at one of the Newark-based business schools, you will have an added expense of $10,480 per year, on average, for room and board. Students who live at home can cut this cost down to approximately $15,218.
If you plan on staying in Newark after graduating from business school, you should know that job prospects for business professionals in Newark, which is the most popular business profession, are not very good. In 2010, of the 41,700 business professionals in New Jersey, 9,610 were working in the greater Newark area. By the year 2018, the number of business professionals is expected to decrease by -7% in Newark. This anticipated change is slower than the projected nationwide trend for business professionals.
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