Business Administration Degree in Minneapolis, MN — Salary & ROI 2026
Business Administration degree analysis for Minneapolis, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$56K
COL-adjusted
Mid-Career
$85K
COL-adjusted
ROI Payback
4.9 yrs
in Minneapolis
Cost of Living
97
index (100 = avg)
Business Administration in Minneapolis, MN Overview
Minneapolis, Minnesota (pop. 429,954) has 15 colleges offering Business Administration programs. The local cost of living index of 97 is near the national average, with average rent near campus at $805/month. Business Administration enrollment is stable nationwide, with steady demand for graduates skilled in Leadership and Strategic Planning. The adjusted starting salary in Minneapolis is approximately $56,260, growing to $85,360 by mid-career.
Category
Business
Local Colleges
15
Public Tuition
$15,142/yr
Private Tuition
$45,823/yr
Room & Board
$12,394/yr
Avg Fin. Aid
$14,033/yr
Unemployment
4.4%
Graduation Rate
61%
Business Administration Salary in Minneapolis (COL-Adjusted)
Salaries adjusted for Minneapolis's cost of living index of 97 (national average = 100).
Note: National average Business Administration salary: $58,000 starting, $88,000 mid-career, $115,000 senior level.Minneapolis adjustment factor: 0.97x based on the local cost of living index.
Business Administration ROI Calculator for Minneapolis
Estimate your return on investment for a Business Administration degree using local Minneapolis tuition and cost of living data.
Public avg: $15,142 | Private avg: $45,823
Minneapolis avg aid: $14,033/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$110,144
tuition + room & board - aid
Annual Earnings Premium
$22,310
vs HS diploma in Minneapolis
ROI Payback Period
4.9 years
to break even
Lifetime Return in Minneapolis
$520,356
Lifetime earnings premium ($630,500) minus total education cost ($110,144)
Student Loan Payoff for Business Administration in Minneapolis
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Minneapolis for Business Administration
University of Minnesota
public
$15,142/yr
$60,568 total
University of St. Thomas
private
$49,716/yr
$198,864 total
Augsburg University
private
$41,930/yr
$167,720 total
Community Colleges (2-Year Transfer)
Minneapolis College
$5,772/yr
Top Employers for Business Administration in Minneapolis
Minneapolis offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Business Administration graduates. National top employers in this field include:
Key Minneapolis Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Business Administration Job Titles
Business Administration in Nearby Minnesota Cities
Saint Paul, MN
$59K starting · COL 101.5
11 colleges
St. Paul, MN
$63K starting · COL 108
20 colleges
Rochester, MN
$61K starting · COL 105
8 colleges
Duluth, MN
$58K starting · COL 100
5 colleges
Bloomington, MN
$58K starting · COL 100.2
4 colleges
Brooklyn Park, MN
$57K starting · COL 98.8
4 colleges
Plymouth, MN
$62K starting · COL 107.3
4 colleges
Maple Grove, MN
$62K starting · COL 107.4
4 colleges
Other Business Majors in Minneapolis
Business Analytics
$76K starting · 2 yr ROI
Finance
$68K starting · 3.5 yr ROI
Economics
$63K starting · 4 yr ROI
Information Systems
$49K starting · 3.3 yr ROI
Supply Chain Management
$49K starting · 3.5 yr ROI
Operations Management
$49K starting · 3.8 yr ROI
Accounting
$60K starting · 3.8 yr ROI
Real Estate
$49K starting · 4 yr ROI
Business Administration Degree in Minneapolis — FAQ
Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.
Explore More
Compare Business Administration ROI in other cities, or explore other majors in Minneapolis.