by our College Data Analytics Team
[Theological Ministerial Studies](/majors/theology-and-religious-vocations/theological-ministerial-studies/) graduates earn very different salaries depending on where they study. The schools below stand out for the salaries their theological ministerial studies graduates go on to command.
To produce this 2026 ranking, College Factual evaluated 5 schools on the early-career earnings of their theological ministerial studies graduates.
What’s on this page:
Below are the schools whose theological ministerial studies graduates go on to earn the most.
Leading the list is Concordia Theological Seminary, our #1 for theological ministerial studies graduate salaries in Indiana. Set in the city of Fort Wayne, Concordia Theological Seminary is a private not-for-profit institution. After graduating, theological ministerial studies degree recipients from Concordia Theological Seminary typically earn about $83,000 annually.
A rank of #2 makes Indiana Wesleyan University National And Global one of the highest-paying schools for theological ministerial studies. Set in the rural area of Marion, Indiana Wesleyan University National And Global is a private not-for-profit institution. Students who complete the theological ministerial studies program here go on to a median salary of roughly $60,534.
Strong graduate earnings at Christian Theological Seminary earned it the #3 place for theological ministerial studies. Set in the city of Indianapolis, Christian Theological Seminary is a private not-for-profit institution. Theological Ministerial Studies graduates of Christian Theological Seminary earn a median of about $49,818 a year early in their careers.
Strong graduate earnings at Bethel College Mishawaka earned it the #4 place for theological ministerial studies. Located in the city of Mishawaka, Bethel College Mishawaka is a private not-for-profit institution. Students who complete the theological ministerial studies program here go on to a median salary of roughly $47,373.
Students chasing top earnings in theological ministerial studies will find them at University Of Notre Dame, which ranked #5. Located in the suburb of Notre Dame, University Of Notre Dame is a private not-for-profit institution. After graduating, theological ministerial studies degree recipients from University Of Notre Dame typically earn about $45,857 annually.
This ranking is produced by College Factual, 2026 edition. The methodology measures the salaries theological ministerial studies graduates go on to earn early in their careers, drawn primarily from the U.S. Department of Education (College Scorecard field-of-study earnings and IPEDS).
Ranking method: College Major Earnings · 5 schools evaluated.
*Salary figures reflect median early-career earnings (about 5 years after graduation) and may vary by how long a person takes to complete their degree.
More about our data sources and methodologies.