Best Value Business Administration Colleges in Minnesota

University of Minnesota-Morris stands out with the lowest net price at $9,110 while still producing graduates who earn $36,995 annually, making it an strong starting point for business careers. The state's public universities dominate value rankings, with net costs ranging from $9,110 to $19,181 compared to private options that stretch up to $27,023. Minnesota's business market offers strong opportunities for management graduates, with major employers like Target's headquarters in Minneapolis and UnitedHealth Group driving demand for skilled business professionals. The earnings gap tells an interesting story, with Capella University graduates commanding the highest salaries at $63,203 despite higher costs, while University of Minnesota-Twin Cities delivers strong returns at $57,564 with an impressive 84.80% graduation rate. Public universities clearly lead the value proposition, offering in-state tuition as low as $9,780 at Metropolitan State University while maintaining solid career outcomes that align well with Minnesota's retail, healthcare, and corporate sectors.

Programs

$9,110 – $31,307

Net Price Range

$47,501

Avg. Program Earnings

61.5%

Avg. Graduation Rate

32 Business Administration, Management and Operations Programs

Program rankings
#	School	Net Price	Program Earnings	In-State Tuition	Graduation Rate	Acceptance Rate
1	University of Minnesota-Crookston Crookston, Minnesota	$10,874	$56,776	$13,120	49.7%	57.2%
2	University of Minnesota-Morris Morris, Minnesota	$9,110	$36,995	$14,288	61.9%	77.7%
3	Capella University Minneapolis, Minnesota	$18,305	$63,203	$14,436	33.3%
4	University of Minnesota-Twin Cities Minneapolis, Minnesota	$17,139	$57,564	$16,488	84.8%	74.9%
5	Herzing University-Minneapolis St. Louis Park, Minnesota	$15,205	$50,047	$13,420	73.5%	94.3%
6	Concordia University-Saint Paul Saint Paul, Minnesota	$17,566	$56,054	$25,000	58.8%	69.1%
7	Saint Cloud State University Saint Cloud, Minnesota	$14,485	$43,872	$10,117	46.9%	95.3%
8	Southwest Minnesota State University Marshall, Minnesota	$14,760	$39,729	$10,304	44.1%	91.6%
9	Metropolitan State University Saint Paul, Minnesota	$19,181	$49,784	$9,780	38.4%	81.7%
10	Rasmussen University-Minnesota St. Cloud, Minnesota	$19,071	$47,129	$10,899	53.2%
11	Saint Mary's University of Minnesota Winona, Minnesota	$21,034	$51,750	$43,160	67.7%	96.8%
12	Winona State University Winona, Minnesota	$18,148	$43,928	$10,498	60.9%	73.8%
13	Bemidji State University Bemidji, Minnesota	$17,050	$40,855	$10,164	53.4%	77.5%
14	University of Minnesota-Duluth Duluth, Minnesota	$18,464	$44,244	$14,318	64.5%	80.7%
15	Minnesota State University Moorhead Moorhead, Minnesota	$17,816	$41,689	$10,336	54.6%	56.6%
16	Minnesota State University-Mankato Mankato, Minnesota	$18,609	$43,197	$9,490	54.1%	70.7%
17	St Catherine University Saint Paul, Minnesota	$21,563	$49,214	$49,758	65.1%	92.5%
18	University of Northwestern-St Paul Saint Paul, Minnesota	$25,140	$55,964	$36,830	68.4%	92.5%
19	Dunwoody College of Technology Minneapolis, Minnesota	$27,023	$59,417	$25,659	62.7%	98.0%
20	Bethany Lutheran College Mankato, Minnesota	$17,680	$38,289	$30,010	59.6%	58.5%
21	Hamline University Saint Paul, Minnesota	$21,385	$44,970	$48,311	57.7%	80.6%
22	Saint Johns University Collegeville, Minnesota	$27,018	$52,789	$53,942	75.7%	86.2%
23	Concordia College at Moorhead Moorhead, Minnesota	$25,651	$47,686	$30,020	71.8%	65.5%
24	Augsburg University Minneapolis, Minnesota	$23,875	$43,957	$43,942	52.4%	76.5%
25	The College of Saint Scholastica Duluth, Minnesota	$23,949	$44,077	$40,454	63.0%	96.6%
26	College of Saint Benedict Saint Joseph, Minnesota	$28,065	$51,607	$53,884	83.0%	87.8%
27	Bethel University Saint Paul, Minnesota	$28,439	$47,427	$42,930	75.2%	72.5%
28	University of St Thomas Saint Paul, Minnesota	$30,525	$50,773	$52,284	75.2%	77.0%
29	North Central University Minneapolis, Minnesota	$23,574	$37,208	$29,460	63.6%	90.8%
30	Crown College Saint Bonifacius, Minnesota	$27,324	$34,847	$30,200	64.3%	66.6%
31	Oak Hills Christian College Bemidji, Minnesota	$24,674		$18,910	30.8%
32	Academy College Bloomington, Minnesota	$31,307		$18,252	100.0%

Frequently Asked Questions

What makes University of Minnesota-Morris such a strong value for business students?

Morris combines the lowest net price in the state at $9,110 with a solid 61.90% graduation rate and accepts 77.66% of applicants. While graduate earnings of $36,995 rank lower than some alternatives, the minimal debt load creates an excellent foundation for entry-level management positions. The school's rural location keeps costs down while still providing access to Minnesota's major business centers.

How do private universities compare to public options for business value?

Private schools like Capella University offer the highest earning potential at $63,203 but cost significantly more with net prices around $18,305. Public universities dominate the value rankings, with schools like Saint Cloud State offering net costs of $14,485 and earning potential of $43,872. The Minnesota State Grant system helps bridge affordability gaps for qualifying students at public institutions.

Is University of Minnesota-Twin Cities worth the higher cost among public options?

Despite a net price of $17,139, Twin Cities delivers strong value with graduates earning $57,564 annually and an outstanding 84.80% graduation rate. The acceptance rate of 74.91% makes it competitive but accessible, while the Minneapolis location provides direct access to major employers like Target and 3M. Student debt averages just $19,500, well below many peer institutions.

What explains the wide earnings gap between Minnesota business programs?

Graduate earnings range from $36,995 at Morris to $63,203 at Capella University, largely reflecting program focus and regional job markets. Schools near Minneapolis-Saint Paul metropolitan area typically produce higher-earning graduates due to proximity to corporate headquarters and finance centers. Specialized programs and graduate-level offerings also influence earning potential, with some schools emphasizing undergraduate preparation while others target working professionals.

Where do Minnesota business graduates find the best job opportunities?

The Twin Cities metropolitan area anchors Minnesota's business job market, hosting Fortune 500 companies like Target, Best Buy, and General Mills. Healthcare management roles are particularly strong given Mayo Clinic's presence and UnitedHealth Group's Minneapolis headquarters. Regional centers like Duluth and Rochester also offer opportunities, especially in healthcare administration and retail management, with starting salaries typically ranging from $40,000 to $50,000.

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Net price reflects the average cost after grants and scholarships for first-time, full-time students. See our methodology for details.