MBA Degree in Minneapolis, MN — Salary & ROI 2026
MBA degree analysis for Minneapolis, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$0
COL-adjusted
Mid-Career
$0
COL-adjusted
ROI Payback
N/A
in Minneapolis
Cost of Living
97
index (100 = avg)
MBA in Minneapolis, MN Overview
Minneapolis, Minnesota (pop. 429,954) has 15 colleges offering MBA programs. The local cost of living index of 97 is near the national average, with average rent near campus at $805/month. MBA enrollment is stable nationwide, with steady demand for graduates skilled in . The adjusted starting salary in Minneapolis is approximately $0.
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%
MBA Salary in Minneapolis (COL-Adjusted)
Salaries adjusted for Minneapolis's cost of living index of 97 (national average = 100).
Note: National average MBA salary: $0 starting, $0 mid-career, $0 senior level.Minneapolis adjustment factor: 0.97x based on the local cost of living index.
MBA ROI Calculator for Minneapolis
Estimate your return on investment for a MBA 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
$-33,950
vs HS diploma in Minneapolis
ROI Payback Period
N/A
to break even
Lifetime Return in Minneapolis
$-110,144
Lifetime earnings premium ($0) minus total education cost ($110,144)
Student Loan Payoff for MBA in Minneapolis
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Minneapolis for MBA
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 MBA in Minneapolis
Minneapolis offers opportunities in Financial services, Consulting firms, Fortune 500 companies for MBA 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 MBA Job Titles
MBA in Nearby Minnesota Cities
Saint Paul, MN
$0 starting · COL 101.5
11 colleges
St. Paul, MN
$0 starting · COL 108
20 colleges
Rochester, MN
$0 starting · COL 105
8 colleges
Duluth, MN
$0 starting · COL 100
5 colleges
Bloomington, MN
$0 starting · COL 100.2
4 colleges
Brooklyn Park, MN
$0 starting · COL 98.8
4 colleges
Plymouth, MN
$0 starting · COL 107.3
4 colleges
Maple Grove, MN
$0 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
MBA 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 MBA ROI in other cities, or explore other majors in Minneapolis.