Federal data
Highest earning master's business administration programs in Minnesota
Minnesota business administration programs, ranked by median earnings one year after completion, from the College Scorecard field-of-study file (September 18, 2026). Only programs with at least 30 counted graduates in the earnings sample are shown, and at least 5 programs must qualify for this list to exist.
| Rank | School | City | Sector | Median earnings, 1 year after | Graduates counted |
|---|---|---|---|---|---|
| 1 | University of Minnesota | Minneapolis | Public, 4-year | $132,950 | 384 |
| 2 | University of St Thomas | Saint Paul | Private nonprofit, 4-year | $117,374 | 213 |
| 3 | Saint Cloud State University | Saint Cloud | Public, 4-year | $102,478 | 49 |
| 4 | St Catherine University | Saint Paul | Private nonprofit, 4-year | $96,358 | 63 |
| 5 | Augsburg University | Minneapolis | Private nonprofit, 4-year | $93,025 | 179 |
| 6 | Saint Mary's University of Minnesota | Winona | Private nonprofit, 4-year | $88,244 | 318 |
| 7 | Concordia University-Saint Paul | Saint Paul | Private nonprofit, 4-year | $86,288 | 203 |
| 8 | Hamline University | Saint Paul | Private nonprofit, 4-year | $85,774 | 116 |
| 9 | Capella University | Minneapolis | For-profit, 4-year | $80,504 | 804 |
| 10 | Metropolitan State University | Saint Paul | Public, 4-year | $75,014 | 77 |
| 11 | University of Northwestern-St Paul | Saint Paul | Private nonprofit, 4-year | $72,523 | 51 |
| 12 | Walden University | Minneapolis | For-profit, 4-year | $67,326 | 578 |
| 13 | Crown College | Saint Bonifacius | Private nonprofit, 4-year | $57,793 | 47 |
| 14 | Herzing University | St. Louis Park | Private nonprofit, 4-year | $54,065 | 190 |
| 15 | Winona State University | Winona | Public, 4-year | $52,007 | 30 |
Earnings cover federally aided graduates only, as published by College Scorecard.
How to read this. A smaller program can show a high or low figure from just a few graduates, and this earnings figure only ever covers students who received federal aid, so it does not describe every graduate.
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