Best Business Colleges in Minnesota (2026)
Updated
This page ranks the 26 Business programs in Minnesota by median earnings of Business graduates four years after completing. Schools are ordered by the median earnings of their Business graduates four years after completing, highest first.
Across the 20 schools with a reported completion median, median earnings range from $90,171 at University of Minnesota-Twin Cities to $53,811, with a median of $71,524.
The list includes 10 public and 16 private nonprofit institutions. University of Minnesota-Twin Cities ranks 107th on Azimuth's composite ranking among the 1,467 public and private nonprofit four-year institutions Azimuth ranks nationally. University of Minnesota-Morris posts the lowest average net price, at $8,837.
The ranked list
| Rank | School | Median Business Earnings | Average net price | Net price, families under $30K | Admission rate |
|---|---|---|---|---|---|
| 1 | University of Minnesota-Twin Cities · Minneapolis, MN | $90,171 | $16,778 | $6,642 | 79.8% |
| University of Minnesota-Twin Cities reports $90,171 in median earnings for its Business graduates four years after completing, and ranks 107th on Azimuth's composite ranking among nonprofit four-year institutions. | |||||
Largest programs by graduates in the earnings cohort: Finance and Financial Management Services (328 graduates), Marketing (210 graduates), Accounting and Related Services (140 graduates) Highest four-year median earnings by program: Finance and Financial Management Services ($98,279), Accounting and Related Services ($96,109), Business Administration, Management and Operations ($90,284) | |||||
| 2 | University of St Thomas · Saint Paul, MN | $85,150 | $29,155 | $28,131 | 85.4% |
| A private nonprofit university in Saint Paul, University of St Thomas posts a six-year completion rate of 76% and an admission rate of 85%. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (181 graduates), Finance and Financial Management Services (175 graduates), Marketing (141 graduates) Highest four-year median earnings by program: Management Sciences and Quantitative Methods ($108,187), Finance and Financial Management Services ($93,720), Accounting and Related Services ($91,587) | |||||
| 3 | Gustavus Adolphus College · Saint Peter, MN | $84,815 | $22,900 | $12,015 | 61.0% |
| Gustavus Adolphus College shows an average net price of $22,900 alongside median earnings of $84,815 for its Business graduates four years after completing. | |||||
Largest programs by graduates in the earnings cohort: Business/Commerce, General (43 graduates), Accounting and Related Services (23 graduates) Highest four-year median earnings by program: Accounting and Related Services ($95,200), Business/Commerce, General ($79,260) | |||||
| 4 | College of Saint Benedict · Saint Joseph, MN | $81,968 | $26,640 | $12,981 | 91.5% |
| College of Saint Benedict admits 92% of applicants and its Business graduates earn a median of $81,968 four years after completing. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (22 graduates), Accounting and Related Services (13 graduates) Highest four-year median earnings by program: Accounting and Related Services ($87,159), Business Administration, Management and Operations ($78,901) | |||||
| 5 | Bethel University · Saint Paul, MN | $79,880 | $28,556 | $22,218 | 87.8% |
| Bethel University ranks 995th on Azimuth's composite ranking among nonprofit four-year institutions, with a six-year completion rate of 71%. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (111 graduates), Human Resources Management and Services (13 graduates), Accounting and Related Services (7 graduates) Highest four-year median earnings by program: Human Resources Management and Services ($101,195), Business Administration, Management and Operations ($77,059) | |||||
| 6 | University of Minnesota-Crookston · Crookston, MN | $79,462 | $12,212 | $5,758 | 87.9% |
| University of Minnesota-Crookston reports an average net price of $5,758 for families earning under $30,000 and median earnings of $79,462 for its Business graduates four years after completing. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (74 graduates), Accounting and Related Services (57 graduates), Finance and Financial Management Services (36 graduates) Highest four-year median earnings by program: Business Administration, Management and Operations ($93,969), Accounting and Related Services ($65,921) | |||||
| 7 | Saint Johns University · Collegeville, MN | $77,509 | $25,672 | $10,354 | 90.6% |
| Saint Johns University posts median earnings of $77,509 for its Business graduates four years after completing, and an admission rate of 91%. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (60 graduates), Accounting and Related Services (49 graduates) Highest four-year median earnings by program: Accounting and Related Services ($80,872), Business Administration, Management and Operations ($74,762) | |||||
| 8 | Concordia University-Saint Paul · Saint Paul, MN | $76,577 | $18,462 | $16,406 | 78.9% |
| Concordia University-Saint Paul ranks 477th on Azimuth's composite ranking among nonprofit four-year institutions, and its Business graduates earn a median of $76,577 four years after completing. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (110 graduates), Human Resources Management and Services (29 graduates), Marketing (29 graduates) Highest four-year median earnings by program: Human Resources Management and Services ($79,708), Business Administration, Management and Operations ($77,037), Marketing ($76,183) | |||||
| 9 | Augsburg University · Minneapolis, MN | $74,483 | $23,873 | $21,318 | 82.0% |
| Augsburg University shows a six-year completion rate of 52% and an average net price of $23,873. | |||||
Largest programs by graduates in the earnings cohort: Marketing (35 graduates), Business Administration, Management and Operations (34 graduates), Finance and Financial Management Services (26 graduates) Highest four-year median earnings by program: Accounting and Related Services ($83,185), Finance and Financial Management Services ($79,809), Business Administration, Management and Operations ($72,706) | |||||
| 10 | Minnesota State University-Mankato · Mankato, MN | $73,656 | $19,139 | $12,339 | 88.4% |
| Minnesota State University-Mankato reports median earnings of $73,656 for its Business graduates four years after completing, and an average net price of $12,339 for families earning under $30,000. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (148 graduates), Marketing (117 graduates), Finance and Financial Management Services (104 graduates) Highest four-year median earnings by program: Construction Management ($102,090), Finance and Financial Management Services ($74,852), Accounting and Related Services ($73,726) | |||||
| 11 | University of Minnesota-Duluth · Duluth, MN | $73,534 | $18,743 | $7,256 | 88.8% |
| University of Minnesota-Duluth admits 89% of applicants and its Business graduates earn a median of $73,534 four years after completing. | |||||
Largest programs by graduates in the earnings cohort: Marketing (122 graduates), Finance and Financial Management Services (117 graduates), Accounting and Related Services (57 graduates) Highest four-year median earnings by program: Accounting and Related Services ($74,360), Marketing ($74,079), Finance and Financial Management Services ($73,979) | |||||
| 12 | Saint Mary's University of Minnesota · Winona, MN | $72,464 | $11,704 | $16,182 | 92.8% |
| Saint Mary's University of Minnesota posts an average net price of $11,704 and a six-year completion rate of 66%. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (49 graduates), Marketing (21 graduates), Finance and Financial Management Services (16 graduates) Highest four-year median earnings by program: Marketing ($76,285), Business Administration, Management and Operations ($74,942), Accounting and Related Services ($73,887) | |||||
| 13 | University of Northwestern-St Paul · Saint Paul, MN | $69,514 | $27,705 | $26,696 | 93.5% |
| University of Northwestern-St Paul reports median earnings of $69,514 for its Business graduates four years after completing, alongside an average net price of $27,705. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (34 graduates), Accounting and Related Services (21 graduates), Marketing (19 graduates) | |||||
| 14 | St Catherine University · Saint Paul, MN | $69,459 | $19,764 | $17,890 | 91.9% |
| With a six-year completion rate of 61%, St Catherine University ranks 14th on this list and posts an average net price of $19,764. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (23 graduates), Marketing (14 graduates), Accounting and Related Services (6 graduates) | |||||
| 15 | Concordia College at Moorhead · Moorhead, MN | $67,748 | $24,902 | $20,950 | 62.7% |
| Concordia College at Moorhead, a private nonprofit institution in Moorhead, admits 63% of applicants and carries an average net price of $24,902. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (49 graduates), Accounting and Related Services (20 graduates), Finance and Financial Management Services (13 graduates) Highest four-year median earnings by program: Accounting and Related Services ($82,771), Business Administration, Management and Operations ($63,910) | |||||
| 16 | Minnesota State University Moorhead · Moorhead, MN | $67,726 | $17,997 | $11,129 | 58.8% |
| Minnesota State University Moorhead graduates 57% of its students within six years and shows median earnings of $67,726 for its Business graduates four years after completing. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (141 graduates), Finance and Financial Management Services (29 graduates), Accounting and Related Services (27 graduates) Highest four-year median earnings by program: Construction Management ($93,431), Finance and Financial Management Services ($67,054), Accounting and Related Services ($65,476) | |||||
| 17 | Winona State University · Winona, MN | $67,193 | $17,503 | $10,224 | 75.5% |
| Ranking 17th on this list, Winona State University reports an average net price of $17,503 and a six-year completion rate of 57%. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (108 graduates), Marketing (46 graduates), Finance and Financial Management Services (33 graduates) Highest four-year median earnings by program: Finance and Financial Management Services ($75,807), Accounting and Related Services ($72,768), Marketing ($70,203) | |||||
| 18 | Saint Cloud State University · Saint Cloud, MN | $66,837 | $13,529 | $8,909 | 94.8% |
| Saint Cloud State University admits 95% of applicants and shows an average net price of $13,529 alongside a six-year completion rate of 40%. | |||||
Largest programs by graduates in the earnings cohort: Finance and Financial Management Services (94 graduates), Business Administration, Management and Operations (59 graduates), Marketing (51 graduates) Highest four-year median earnings by program: Accounting and Related Services ($76,080), Marketing ($74,847), Finance and Financial Management Services ($70,259) | |||||
| 19 | Bemidji State University · Bemidji, MN | $66,103 | $15,261 | $10,073 | 56.0% |
| Bemidji State University posts median earnings of $66,103 for its Business graduates four years after completing, with an admission rate of 56%. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (168 graduates), Accounting and Related Services (56 graduates) Highest four-year median earnings by program: Accounting and Related Services ($72,153), Business Administration, Management and Operations ($64,086) | |||||
| 20 | The College of Saint Scholastica · Duluth, MN | $65,069 | $27,846 | $14,433 | 93.0% |
| With a six-year completion rate of 71%, The College of Saint Scholastica ranks 20th on this list and reports median earnings of $65,069 for its Business graduates four years after completing. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (43 graduates), Human Resources Management and Services (17 graduates), Finance and Financial Management Services (15 graduates) Highest four-year median earnings by program: Accounting and Related Services ($69,762), Marketing ($65,512), Business Administration, Management and Operations ($65,192) | |||||
| 21 | University of Minnesota-Morris · Morris, MN | $57,437 | $8,837 | $1,694 | 74.9% |
| University of Minnesota-Morris carries the lowest average net price on the page at $8,837 and reports median earnings of $57,437 for its Business graduates four years after completing. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (19 graduates) | |||||
| 22 | Crown College · Saint Bonifacius, MN | $56,895 | $26,672 | $24,270 | 22.8% |
| Crown College is the most selective school on the list, admitting 23% of applicants, and reports median earnings of $56,895 for its Business graduates four years after completing. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (15 graduates) | |||||
| 23 | North Central University · Minneapolis, MN | $56,811 | $25,817 | $20,450 | 99.0% |
| North Central University admits 99% of applicants and posts a six-year completion rate of 66%, with median earnings of $56,811 for its Business graduates four years after completing. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (15 graduates), Marketing (11 graduates), Accounting and Related Services (5 graduates) Highest four-year median earnings by program: Business Administration, Management and Operations ($61,287) | |||||
| 24 | Hamline University · Saint Paul, MN | $55,040 | $20,744 | $15,371 | 87.6% |
| Hamline University reports an average net price of $20,744 and a six-year completion rate of 60%, ranking 24th on this list. | |||||
Largest programs by graduates in the earnings cohort: Marketing (24 graduates), Business Administration, Management and Operations (23 graduates), Finance and Financial Management Services (18 graduates) Highest four-year median earnings by program: Business Administration, Management and Operations ($72,945) | |||||
| 25 | Bethany Lutheran College · Mankato, MN | $53,811 | $20,148 | $12,571 | 39.0% |
| Bethany Lutheran College, a private nonprofit college in Mankato, reports a six-year completion rate of 55% and an average net price of $20,148. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (34 graduates) Highest four-year median earnings by program: Business Administration, Management and Operations ($53,811) | |||||
| 26 | Southwest Minnesota State University · Marshall, MN | $53,757 | $15,291 | $10,559 | 62.2% |
| Southwest Minnesota State University ranks 26th on this list, admits 62% of applicants, and carries an average net price of $10,559 for families earning under $30,000. | |||||
Largest programs by graduates in the earnings cohort: Business Administration, Management and Operations (45 graduates), Finance and Financial Management Services (11 graduates), Accounting and Related Services (10 graduates) Highest four-year median earnings by program: Finance and Financial Management Services ($59,824), Marketing ($58,574), Business Administration, Management and Operations ($55,559) | |||||
How this list is ordered
Schools are ordered by the median earnings of their Business graduates four years after completing, highest first. The figures are the median earnings of federally aided Business graduates who were working and not enrolled four years after completing. The metric does not adjust for graduate school enrollment, cost, or who enrolls, and it is not a measure of teaching quality. The figures cited on this page cover the 20 schools with a reported completion median. The spread from University of Minnesota-Twin Cities to the bottom of the list is $36,360.