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Most Popular Business Schools in Minnesota

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2023 Most Popular Business Schools in Minnesota

68 Schools Ranked
$45,529 Average Earnings
$25,712 Avg Student Debt

There are lots of options to pick from today when trying to decide which business program is right 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.

To assist you in seeing some of the education options that are available to you, Business Degree Central has created its Most Popular Business Schools in Minnesota ranking. This report analyzed 68 schools in Minnesota to see which ones were the most popular programs for business students. To create this ranking we looked at how many students graduated from each school on the list.

Learn more about these popular schools below:

#1

University of Minnesota - Twin Cities

Minneapolis, Minnesota
2,416 Total Awards
$50,445 Average Earnings
$21,399 Avg Student Debt

Our analysis found University of Minnesota - Twin Cities to be the most popular school for business students in Minnesota. Located in Minneapolis, Minnesota, the large public school handed out 2,416 degrees in 2020-2021.

Degree recipients from UMN Twin Cities accumulate an average of $21,399 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $257. During the early years of their career, UMN Twin Cities graduates make an average of $50,445 annually. Of those students who received their degree, 46% were women.

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#2

Capella University

Minneapolis, Minnesota
2,407 Total Awards
$61,758 Average Earnings
$36,349 Avg Student Debt

A rank of #2 on this year’s list means Capella University is a great place for business students. This large private for-profit school is located in Minneapolis, Minnesota, and it awarded 2,407 degrees in 2020-2021.

By the time they get their degree, students from this school have racked up an average of $36,349 in student loans. During the early years of their career, Capella University graduates make an average of $61,758 annually. Of those students who received their degree, 68% were women.

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#4

University of St Thomas Minnesota

Saint Paul, Minnesota
1,049 Total Awards
$56,351 Average Earnings
$21,455 Avg Student Debt

A rank of #4 on this year’s list means University of St Thomas Minnesota is a great place for business students. UST MN is a medium-sized private not-for-profit school situated in Saint Paul, Minnesota. It awarded 1,049 degrees in 2020-2021.

Degree recipients from UST MN accumulate an average of $21,455 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $307 if they are on a 10-year repayment plan. During the early years of their career, UST MN graduates make an average of $56,351 annually. Around 41% of those degree recipients were women.

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666 Total Awards
$46,060 Average Earnings
$24,437 Avg Student Debt

The programs at Minnesota State University - Mankato helped the school earn the #5 place on this year’s ranking of the most popular business schools in Minnesota. Minnesota State Mankato is a fairly large public school situated in Mankato, Minnesota. It awarded 666 degrees in 2020-2021.

On average, students take out $24,437 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $133 if they are on a 10-year repayment plan. During the early years of their career, Minnesota State Mankato graduates make an average of $46,060 annually. Around 40% of those degree recipients were women.

Full Minnesota State University - Mankato Report

#6

Metropolitan State University

Saint Paul, Minnesota
647 Total Awards
$47,827 Average Earnings
$31,302 Avg Student Debt

Metropolitan State University ranked #6 on this year’s Most Popular Business Schools in Minnesota list. Metro State is located in Saint Paul, Minnesota and has a medium-sized student population. In 2020-2021, this school awarded 647 degrees to qualified students.

Degree recipients from Metro State accumulate an average of $31,302 in student debt by the time they complete their degree.After graduating from Metro State, students go on to jobs where they make an average of $47,827 during the early years of their career. Around 53% of those degree recipients were women.

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#7

North Hennepin Community College

Brooklyn Park, Minnesota
589 Total Awards
$42,370 Average Earnings
$24,533 Avg Student Debt

North Hennepin Community College ranked #7 on this year’s Most Popular Business Schools in Minnesota list. Located in Brooklyn Park, Minnesota, the medium-sized public school awarded 589 diplomas to qualifed students in 2020-2021.

By the time they get their degree, students from this school have racked up an average of $24,533 in student loans. During the early years of their career, North Hennepin Community College graduates make an average of $42,370 annually. Of those students who received their degree, 60% were women.

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#8

University of Minnesota - Duluth

Duluth, Minnesota
525 Total Awards
$41,529 Average Earnings
$23,164 Avg Student Debt

University of Minnesota - Duluth came in at #8 in this year’s edition of the Most Popular Business Schools in Minnesota ranking. Located in Duluth, Minnesota, the medium-sized public school awarded 525 diplomas to qualifed students in 2020-2021.

On average, students take out $23,164 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $202. During the early years of their career, UMN Duluth graduates make an average of $41,529 annually. Around 35% of those degree recipients were women.

Read full report on University of Minnesota - Duluth

506 Total Awards
$56,065 Average Earnings
$29,703 Avg Student Debt

Saint Mary’s University of Minnesota landed the #9 spot in the 2023 rankings for the most popular business programs. SMU MN is a private not-for-profit institution located in Winona, Minnesota. The school has a small population, and it awarded 506 degrees in 2020-2021.

On average, students take out $29,703 in loans while pursuing their degree.After graduating from SMU MN, students go on to jobs where they make an average of $56,065 during the early years of their career. Of those students who received their degree, 60% were women.

Full Saint Mary’s University of Minnesota Report

#10

Concordia University, Saint Paul

Saint Paul, Minnesota
454 Total Awards
$51,318 Average Earnings
$30,777 Avg Student Debt

With a ranking of #10, Concordia University, Saint Paul did quite well on this year’s most popular schools for business students working. Concordia University, Saint Paul is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a medium-sized population, and it awarded 454 degrees in 2020-2021.

Degree recipients from Concordia University, Saint Paul accumulate an average of $30,777 in student debt by the time they complete their degree. During the early years of their career, Concordia University, Saint Paul graduates make an average of $51,318 annually. Around 62% of those degree recipients were women.

Full Concordia University, Saint Paul Report

#11

Saint Cloud State University

Saint Cloud, Minnesota
429 Total Awards
$45,870 Average Earnings
$25,873 Avg Student Debt

Saint Cloud State University did quite well in this year’s ranking of the most popular places for business students. It came in at #11 on the list. Located in Saint Cloud, Minnesota, the fairly large public school handed out 429 degrees in 2020-2021.

On average, students take out $25,873 in loans while pursuing their degree.After graduating from St. Cloud State University, students go on to jobs where they make an average of $45,870 during the early years of their career. Of those students who received their degree, 44% were women.

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#12

Rasmussen University - Minnesota

St. Cloud, Minnesota
378 Total Awards
$41,281 Average Earnings
$30,701 Avg Student Debt

Rasmussen University - Minnesota came in at #12 in this year’s edition of the Most Popular Business Schools in Minnesota ranking. This small private for-profit school is located in St. Cloud, Minnesota, and it awarded 378 degrees in 2020-2021.

Degree recipients from Rasmussen University - Minnesota accumulate an average of $30,701 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $127, assuming you are on a 10-year repayment plan. During the early years of their career, Rasmussen University - Minnesota graduates make an average of $41,281 annually. Of those students who received their degree, 80% were women.

Full Rasmussen University - Minnesota Report

#13

Winona State University

Winona, Minnesota
356 Total Awards
$44,424 Average Earnings
$26,110 Avg Student Debt

Winona State University ranked #13 on this year’s Most Popular Business Schools in Minnesota list. Winona State is located in Winona, Minnesota and has a medium-sized student population. In 2020-2021, this school awarded 356 degrees to qualified students.

On average, students take out $26,110 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $176 if they are on a 10-year repayment plan.After graduating from Winona State, students go on to jobs where they make an average of $44,424 during the early years of their career. Around 46% of those degree recipients were women.

Full Winona State University Report

313 Total Awards
$40,896 Average Earnings
$25,798 Avg Student Debt

Minnesota State University - Moorhead landed the #14 spot in the 2023 rankings for the most popular business programs. Located in Moorhead, Minnesota, the medium-sized public school handed out 313 degrees in 2020-2021.

Degree recipients from MSU Moorhead accumulate an average of $25,798 in student debt by the time they complete their degree.After graduating from MSU Moorhead, students go on to jobs where they make an average of $40,896 during the early years of their career. Of those students who received their degree, 49% were women.

Read full report on Minnesota State University - Moorhead

#15

Bemidji State University

Bemidji, Minnesota
280 Total Awards
$43,896 Average Earnings
$25,667 Avg Student Debt

With a ranking of #15, Bemidji State University did quite well on this year’s most popular schools for business students working. Located in Bemidji, Minnesota, the small public school awarded 280 diplomas to qualifed students in 2020-2021.

On average, students take out $25,667 in loans while pursuing their degree. During the early years of their career, Bemidji State University graduates make an average of $43,896 annually. Of those students who received their degree, 45% were women.

Read full report on Bemidji State University

#16

Augsburg University

Minneapolis, Minnesota
233 Total Awards
$50,712 Average Earnings
$26,790 Avg Student Debt

Augsburg University did quite well in this year’s ranking of the most popular places for business students. It came in at #16 on the list. This small private not-for-profit school is located in Minneapolis, Minnesota, and it awarded 233 degrees in 2020-2021.

Degree recipients from Augsburg accumulate an average of $26,790 in student debt by the time they complete their degree. Once they receive their degree, Augsburg graduates enter the workforce, making an average salary of $50,712 during the early year of their career. Around 38% of those degree recipients were women.

Full Augsburg University Report

#17

Bethel University Minnesota

Saint Paul, Minnesota
225 Total Awards
$51,291 Average Earnings
$31,006 Avg Student Debt

Bethel University Minnesota came in at #17 in this year’s edition of the Most Popular Business Schools in Minnesota ranking. Located in Saint Paul, Minnesota, the small private not-for-profit school handed out 225 degrees in 2020-2021.

On average, students take out $31,006 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $356. Once they receive their degree, Bethel University Minnesota graduates enter the workforce, making an average salary of $51,291 during the early year of their career. Around 51% of those degree recipients were women.

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#18

University of Minnesota - Crookston

Crookston, Minnesota
223 Total Awards
$51,681 Average Earnings
$30,462 Avg Student Debt

University of Minnesota - Crookston did quite well in this year’s ranking of the most popular places for business students. It came in at #18 on the list. UMN Crookston is a public institution located in Crookston, Minnesota. The school has a small population, and it awarded 223 degrees in 2020-2021.

By the time they get their degree, students from this school have racked up an average of $30,462 in student loans.After graduating from UMN Crookston, students go on to jobs where they make an average of $51,681 during the early years of their career. Around 51% of those degree recipients were women.

Read full report on University of Minnesota - Crookston

#19

Normandale Community College

Bloomington, Minnesota
210 Total Awards
$41,929 Average Earnings
$20,674 Avg Student Debt

Normandale Community College landed the #19 spot in the 2023 rankings for the most popular business programs. Located in Bloomington, Minnesota, the medium-sized public school awarded 210 diplomas to qualifed students in 2020-2021.

Degree recipients from Normandale Community College accumulate an average of $20,674 in student debt by the time they complete their degree. Once they receive their degree, Normandale Community College graduates enter the workforce, making an average salary of $41,929 during the early year of their career. Around 62% of those degree recipients were women.

Read full report on Normandale Community College

#20

Century College

White Bear Lake, Minnesota
197 Total Awards
$40,997 Average Earnings
$22,112 Avg Student Debt

Century College ranked #20 on this year’s Most Popular Business Schools in Minnesota list. Century College is a medium-sized public school located in White Bear Lake, Minnesota that handed out 197 degrees in 2020-2021.

On average, students take out $22,112 in loans while pursuing their degree.After graduating from Century College, students go on to jobs where they make an average of $40,997 during the early years of their career. Around 65% of those degree recipients were women.

Read full report on Century College

#21

Hamline University

Saint Paul, Minnesota
188 Total Awards
$41,396 Average Earnings
$25,733 Avg Student Debt

Hamline University landed the #21 spot in the 2023 rankings for the most popular business programs. This small private not-for-profit school is located in Saint Paul, Minnesota, and it awarded 188 degrees in 2020-2021.

By the time they get their degree, students from this school have racked up an average of $25,733 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $288.After graduating from Hamline, students go on to jobs where they make an average of $41,396 during the early years of their career. Around 46% of those degree recipients were women.

Full Hamline University Report

171 Total Awards
$39,038 Average Earnings
$19,353 Avg Student Debt

Minnesota State Community and Technical College landed the #22 spot in the 2023 rankings for the most popular business programs. M State is a public institution located in Fergus Falls, Minnesota. The school has a medium-sized population, and it awarded 171 degrees in 2020-2021.

Degree recipients from M State accumulate an average of $19,353 in student debt by the time they complete their degree. Once they receive their degree, M State graduates enter the workforce, making an average salary of $39,038 during the early year of their career. Around 63% of those degree recipients were women.

Read full report on Minnesota State Community and Technical College

#23

The College of Saint Scholastica

Duluth, Minnesota
163 Total Awards
$48,635 Average Earnings
$30,536 Avg Student Debt

The College of Saint Scholastica did quite well in this year’s ranking of the most popular places for business students. It came in at #23 on the list. St. Scholastica is a small private not-for-profit school situated in Duluth, Minnesota. It awarded 163 degrees in 2020-2021.

By the time they get their degree, students from this school have racked up an average of $30,536 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $314. During the early years of their career, St. Scholastica graduates make an average of $48,635 annually. Around 53% of those degree recipients were women.

Full The College of Saint Scholastica Report

#24

Dakota County Technical College

Rosemount, Minnesota
146 Total Awards
$46,125 Average Earnings
$18,397 Avg Student Debt

Dakota County Technical College did quite well in this year’s ranking of the most popular places for business students. It came in at #24 on the list. Rosemount, Minnesota is the setting for this small institution of higher learning. The public school handed out degrees to 146 students in 2020-2021.

On average, students take out $18,397 in loans while pursuing their degree. Once they receive their degree, DCTC graduates enter the workforce, making an average salary of $46,125 during the early year of their career. Of those students who received their degree, 56% were women.

Read full report on Dakota County Technical College

#25

Saint Johns University

Collegeville, Minnesota
144 Total Awards
$41,681 Average Earnings

Saint Johns University landed the #25 spot in the 2023 rankings for the most popular business programs. SJU is located in Collegeville, Minnesota and has a small student population. In 2020-2021, this school awarded 144 degrees to qualified students.

Once they receive their degree, SJU graduates enter the workforce, making an average salary of $41,681 during the early year of their career.

Read full report on Saint Johns University

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Notes and References

Footnotes

*These averages are for the top 25 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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