Top MBA programs in Minnesota

Business Administration master’s graduates in Minnesota earn a weighted average salary of $75,325 3 years after graduation, placing them in the top 50% nationally.

Our business administration graduate rankings cover 14 of the 20 programs available in Minnesota, accounting for 90% of total student graduates. We only include schools with sufficient earnings and/or debt data.

Cost of living is not considered when comparing states.

For more information visit our guide to business administration. Interested in how we rank schools? Review our ranking methodology.

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Ranking methodology
#1 in Minnesota | #26 in Business schools nationally

Saint Cloud State University

Saint Cloud, Minnesota

Economic score 0.19

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $92,834

Median earnings of all students 3 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $23,032

The total debt accrued by the median student at the time of graduation.

#2 in Minnesota | #100 in Business schools nationally

University of St Thomas

Saint Paul, Minnesota

Economic score 0.27

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $112,664

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $46,455

The total debt accrued by the median student at the time of graduation.

#3 in Minnesota | #128 in Business schools nationally
Economic score 0.28

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $88,421

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $31,908

The total debt accrued by the median student at the time of graduation.

#4 in Minnesota | #137 in Business schools nationally

Bethel University

Saint Paul, Minnesota

Economic score 0.29

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $99,647

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $41,000

The total debt accrued by the median student at the time of graduation.

#5 in Minnesota | #150 in Business schools nationally
Economic score 0.30

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $124,271

Median earnings of all students 3 years after graduating.

Debt to earnings 0.5

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $66,140

The total debt accrued by the median student at the time of graduation.

#6 in Minnesota | #268 in Business schools nationally
Economic score 0.38

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $78,630

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $33,496

The total debt accrued by the median student at the time of graduation.

#7 in Minnesota | #303 in Business schools nationally
Economic score 0.40

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $75,257

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $33,009

The total debt accrued by the median student at the time of graduation.

#8 in Minnesota | #339 in Business schools nationally
Economic score 0.43

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $76,500

Median earnings of all students 3 years after graduating.

Debt to earnings 0.5

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $36,343

The total debt accrued by the median student at the time of graduation.

#9 in Minnesota | #347 in Business schools nationally

Augsburg University

Minneapolis, Minnesota

Economic score 0.44

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $80,482

Median earnings of all students 3 years after graduating.

Debt to earnings 0.5

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $37,967

The total debt accrued by the median student at the time of graduation.

#10 in Minnesota | #374 in Business schools nationally

Hamline University

Saint Paul, Minnesota

Economic score 0.45

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $79,289

Median earnings of all students 3 years after graduating.

Debt to earnings 0.5

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $40,901

The total debt accrued by the median student at the time of graduation.

#11 in Minnesota | #466 in Business schools nationally
Economic score 0.54

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $57,477

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $24,127

The total debt accrued by the median student at the time of graduation.

#12 in Minnesota | #486 in Business schools nationally

Crown College

Saint Bonifacius, Minnesota

Economic score 0.56

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $61,020

Median earnings of all students 3 years after graduating.

Debt to earnings 0.5

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $30,250

The total debt accrued by the median student at the time of graduation.

#13 in Minnesota | #489 in Business schools nationally

Metropolitan State University

Saint Paul, Minnesota

Economic score 0.57

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $69,109

Median earnings of all students 3 years after graduating.

Debt to earnings 0.6

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $38,686

The total debt accrued by the median student at the time of graduation.

#14 in Minnesota | #520 in Business schools nationally

St Catherine University

Saint Paul, Minnesota

Economic score 0.62

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $70,789

Median earnings of all students 3 years after graduating.

Debt to earnings 0.6

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $44,282

The total debt accrued by the median student at the time of graduation.

Economic score N/A

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $76,460

Median earnings of all students 3 years after graduating.

Debt to earnings N/A

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt N/A

The total debt accrued by the median student at the time of graduation.

How long does it take to pay down debt in business administration in Minnesota?

Years

Under a year

The average debt accrued from a master's degree in business administration is covered by average graduate earnings in under a year.

How much do graduates with a master's degree in business administration earn in Minnesota?

Salary

$75,325

The median master's degree in business administration graduate earns $75,325 3 years after graduating.

How much does a master's degree in business administration cost in Minnesota?

Net cost

$19,480

The average annual cost of a master's degree in business administration is $19,480. This is the net cost and considers only students that have received Title IV funds.

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