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Highlighting Quality Schools With More Affordable Prices
There are so many business programs in today's world that it can tough to figure out which one is the right one for you. You can choose a traditional brick and mortar school, or with the growth of online education, you can attend a school half-way across the country without even leaving your house. Also there are many trade schools and bootcamps that offer short-term programs that open up more career options.
Along with in-depth profiles of schools and the programs they offer, Business Degree Central has created the <nil> to help you in your search for the best school for you.
When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.
Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. For statewide rankings, we use average in-state tuition and fees.
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Top Value Business Master's Degree Schools in Minnesota
Learn more about these excellent schools below:
Our analysis found Rasmussen University - Minnesota to be the best value school for business students who want to pursue a master’s degree in Minnesota. Rasmussen University - Minnesota is a private for-profit institution located in St. Cloud, Minnesota. The school has a small population, and it awarded 12 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Rasmussen University - Minnesota are $5,615 a year.
Interested in an online degree? Then you definitely want to check out Rasmussen University - Minnesota. Every graduate student at the school took at least one class online.
Rasmussen University - Minnesota also took the #3 spot in our rankings.
You’ll be in good company if you decide to attend Winona State University. It ranked #2 on our list. Winona State is a medium-sized public school situated in Winona, Minnesota. It awarded 21 master’s degrees in 2020-2021.
Winona State graduate students pay an average of $12,836 in tuition and fees each year.
Online graduate courses are available at Winona State, but you will need to check with the school to see if they are available for your field of interest. During the 2019-2020 year, about 66% of the graduate students at the school took at least one online course.
The excellent master’s degree programs at Minnesota State University - Mankato helped the school earn the #3 place on this year’s ranking of the best value business schools in Minnesota. Located in Mankato, Minnesota, the fairly large public school awarded 51 diplomas to qualifed master’s degree students in 2020-2021.
Minnesota State Mankato graduate students pay an average of $9,308 in tuition and fees each year.
Online graduate courses are available at Minnesota State Mankato, but you will need to check with the school to see if they are available for your field of interest. In fact, around 40% of the graduate population registered for at least one online class in 2019-2020.
Minnesota State Mankato also made our list, coming in at #5.
You’ll join some of the best and brightest minds around you if you attend Saint Cloud State University. The school came in at #4 on this year’s list. St. Cloud State University is a fairly large public school situated in Saint Cloud, Minnesota. It awarded 52 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at St. Cloud State University are $13,412 per year.
Some students may be able to take online graduate classes at St. Cloud State University. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 43% took at least some of their classes online.
A rank of #5 on this year’s list means Concordia University, Saint Paul is a great place for business students working on their master’s degree who want the most bang for their educational buck. Concordia University, Saint Paul is a medium-sized private not-for-profit school situated in Saint Paul, Minnesota. It awarded 183 master’s degrees in 2020-2021.
Concordia University, Saint Paul graduate students pay an average of $8,550 in tuition and fees each year.
Online graduate courses are available at Concordia University, Saint Paul, but you will need to check with the school to see if they are available for your field of interest. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 94% took at least some of their classes online.
With a ranking of #6, University of Northwestern - St Paul did quite well on this year’s best value schools for business students working on their master’s degree. Saint Paul, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 30 students in 2020-2021.
Northwestern graduate students pay an average of $8,982 in tuition and fees each year.
One thing to take note of is that Northwestern does offer online graduate classes in some areas. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 87% took at least some of their classes online.
Saint Mary’s University of Minnesota ranked #7 on this year’s list. Winona, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 347 students in 2020-2021.
Out-of-state tuition fees for graduate students at SMU MN are $10,890 per year.
SMU MN does offer online graduate classes for certain degree levels. To give an idea of how popular online courses are at the school, 86% of graduates took at least one course online in 2019-2020.
Bethel University Minnesota did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #8 on the list. Bethel University Minnesota is a small private not-for-profit school situated in Saint Paul, Minnesota. It awarded 55 master’s degrees in 2020-2021.
Bethel University Minnesota graduate students pay an average of $11,700 in tuition and fees each year.
Depending on your major, you may be able to take online graduate classes at Bethel University Minnesota. To give an idea of how popular online courses are at the school, 79% of graduates took at least one course online in 2019-2020.
In addition to its best value ranking, and one of the reasons why the school is on the list, Bethel University Minnesota is ranked #4 for overall quality in Minnesota.
With a ranking of #9, Hamline University did quite well on this year’s best value schools for business students working on their master’s degree. Hamline University is a small private not-for-profit school located in Saint Paul, Minnesota that handed out 99 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at Hamline are $10,402 per year.
One thing to take note of is that Hamline does offer online graduate classes in some areas. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 78% took at least some of their classes online.
Minnesota State University - Moorhead ranked #10 on this year’s list. MSU Moorhead is a medium-sized public school situated in Moorhead, Minnesota. It awarded 27 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at MSU Moorhead are $11,052 a year.
One thing to take note of is that MSU Moorhead does offer online graduate classes in some areas. In 2019-2020 about 84% of the graduate students at the school chose to take one or more online courses.
University of Minnesota - Twin Cities ranked #11 on this year’s list. This large public school is located in Minneapolis, Minnesota, and it awarded 627 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at UMN Twin Cities are $29,262 a year.
One thing to take note of is that UMN Twin Cities does offer online graduate classes in some areas. To give an idea of how popular online courses are at the school, 65% of graduates took at least one course online in 2019-2020.
UMN Twin Cities did well in our overall quality rankings, too. It placed #2 on our list.
Metropolitan State University landed the #12 spot in the rankings for the best value master’s degree business programs. Saint Paul, Minnesota is the setting for this medium-sized institution of higher learning. The public school handed out master’s degrees to 63 students in 2020-2021.
Metro State graduate students pay an average of $10,237 in tuition and fees each year.
You may have the opportunity to take online graduate classes at Metro State. In fact, around 85% of the graduate population registered for at least one online class in 2019-2020.
Augsburg University landed the #13 spot in the rankings for the best value master’s degree business programs. Located in Minneapolis, Minnesota, the small private not-for-profit school handed out 83 master’s degree awards in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Augsburg are $13,500 a year.
Augsburg does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. In 2019-2020 about 4% of the graduate students at the school chose to take one or more online courses.
University of St Thomas Minnesota landed the #14 spot in the rankings for the best value master’s degree business programs. Saint Paul, Minnesota is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out master’s degrees to 326 students in 2020-2021.
Out-of-state tuition fees for graduate students at UST MN are $23,736 per year.
If you are interested in distance education, be sure to check with the school since UST MN does offer online graduate classes for certain majors. In fact, around 80% of the graduate population registered for at least one online class in 2019-2020.
UST MN did well in our overall quality rankings, too. It placed #1 on our list.
The College of Saint Scholastica ranked #15 on this year’s list. St. Scholastica is a private not-for-profit institution located in Duluth, Minnesota. The school has a small population, and it awarded 53 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at St. Scholastica are $15,502 a year.
Depending on your major, you may be able to take online graduate classes at St. Scholastica. During the 2019-2020 year, about 50% of the graduate students at the school took at least one online course.
Walden University came in at #16 in this year’s edition of the ranking. Located in Minneapolis, Minnesota, the large private for-profit school handed out 539 master’s degree awards in 2020-2021.
Out-of-state tuition fees for graduate students at Walden University are $10,092 per year.
Since the graduate programs at Walden University are primarily online, it is a great choice for returning adults and students who work full time.
Crown College did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #17 on the list. Saint Bonifacius, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 30 students in 2020-2021.
Crown graduate students pay an average of $10,640 in tuition and fees each year.
Crown is one of the schools on our list that is primarily online. Each graduate student at the school took at least one class online.
St Catherine University came in at #18 in this year’s edition of the ranking. Located in Saint Paul, Minnesota, the small private not-for-profit school handed out 26 master’s degree awards in 2020-2021.
Out-of-state tuition fees for graduate students at St. Kate’s are $17,760 per year.
One thing to take note of is that St. Kate’s does offer online graduate classes in some areas. To give an idea of how popular online courses are at the school, 87% of graduates took at least one course online in 2019-2020.
Capella University ranked #19 on this year’s list. Capella University is a large private for-profit school situated in Minneapolis, Minnesota. It awarded 1,104 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at Capella University are $14,784 per year.
Capella University is one of the schools on our list that is primarily online. Each graduate student at the school took at least one class online.
More Minnesota Rankings
Notes and References
Footnotes
*These averages are for the top 19 schools only.
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
More about our data sources and methodologies.
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