Theological and Ministerial Studies

Master's degree · Concordia Theological Seminary · Fort Wayne, IN

CIP 39.06

$79,744Median earnings 1 year after graduating
$80,818Median earnings 4 years after
$83,000Median earnings 5 years after
$33,254Median federal debt
32Graduates per year

How this program compares

Graduates of the master's degree program in Theological and Ministerial Studies at Concordia Theological Seminary earn a median of $79,744 one year after completing the program. Nationally, master's degree graduates in this field earn a median of $61,300 four years after graduating (middle half: $40,587–$91,229). Median debt is $33,254, about 42% of first-year earnings – a manageable level by common guidelines.

Theological and Ministerial Studies (Master's degree) at other Indiana schools

CollegeEarnings (1 yr)Median debt
Indiana Wesleyan University-National & Global
Marion
$57,119$42,191
Indiana Wesleyan University-Marion
Marion
$57,119$42,191
Bethel University
Mishawaka
$47,373—
University of Notre Dame
Notre Dame
$43,439—

Highest-paying Theological and Ministerial Studies programs nationwide →

Frequently asked questions

How much do Theological and Ministerial Studies graduates from Concordia Theological Seminary make?

The median salary is $79,744 one year after graduation and $83,000 after five years.

How much student debt do graduates have?

Graduates who borrowed federal loans owe a median of $33,254.

Source: U.S. Department of Education College Scorecard, June 2026 release (Field of Study data). Earnings are for graduates who received federal financial aid.