2025 Best Business Administration & Management Master's Degree Schools in Minnesota

Business Administration & Management is of the hottest master's degree programs in the United States, coming in as the #1 most popular major in the country. This makes choosing the right school a hard decision.

For its 2025 ranking, College Factual looked at 20 schools in Minnesota to determine which ones were the best for business administration & management students pursuing a master's degree. When you put them all together, these colleges and universities awarded 2,506 master's degrees in business administration & management during the 2022-2023 academic year.

What's on this page: * Our Methodology

• Best Master’s Degree Schools List

Choosing a Great Business Administration & Management School for Your Master's Degree

The business administration master's degree program you select can have a big impact on your future. Important measures of a quality business administration program can vary widely even among the top schools. When choosing a school we recommend considering some of the following factors:

Quality Overall Is Important

The overall quality of a master's degree school is important to ensure a quality education, not just how well they do in a particular major. To account for this we include a college's overall Best Colleges for a Master's Degree ranking which itself looks at a host of different factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.

Average Earnings

To determine the overall quality of a graduate school, one factor we look at is the average early-career salary of those receiving their master's degree from the school. This is because one of the main reasons people pursue their master's degree is to enable themselves to find better-paying positions.

Other Factors We Consider

The metrics below are just some of the other metrics that we use to determine our rankings.

• Major Focus - How many resources a school devotes to business administration & management students as compared to other majors.
• Major Demand - How many other business administration & management students want to attend this school to pursue a master's degree.
• Educational Resources - How many resources are allocated to students. These resources may include educational expenditures per student, number of students per instructor, and graduation rate among other things.
• Student Debt - How much debt business administration & management students go into to obtain their master's degree and how well they are able to pay back that debt.
• Accreditation - Whether a school is regionally accredited and/or accredited by a recognized business administration & management related body.

Our complete ranking methodology documents in more detail how we consider these factors to identify the best colleges for business administration & management students working on their master's degree.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we've developed a number of rankings, including this Best Business Administration & Management Master's Degree Schools in Minnesota list, to help you choose the best school for you.

Best Schools for Master’s Students to Study Business Administration & Management in Minnesota

Below you'll see a list of the best colleges and universities for pursuing a master's degree in business administration & management.

10 Top Minnesota Schools for a Master's in Business Administration

1

University of Minnesota - Twin Cities
Minneapolis, MN

424 Annual Graduates

$132,950 Median Starting Salary

Any student pursuing a degree in a master's degree in business administration & management has to take a look at University of Minnesota - Twin Cities. UMN Twin Cities is a fairly large public university located in the city of Minneapolis.

Master's recipients from the business administration & management degree program at University of Minnesota - Twin Cities earn $48,350 more than the typical college grad in this field shortly after graduation.

More information about a master’s in business administration & management from University of Minnesota - Twin Cities

2

University of St Thomas Minnesota
Saint Paul, MN

200 Annual Graduates

$117,374 Median Starting Salary

Every student who is interested in a master's degree in business administration & management has to look into University of St Thomas Minnesota. UST MN is a medium-sized private not-for-profit university located in the city of Saint Paul.

Those business administration & management students who get their master's degree from University of St Thomas Minnesota receive $32,774 more than the typical business administration graduate.

More information about a master’s in business administration & management from University of St Thomas Minnesota

3

Saint Mary's University of Minnesota
Winona, MN

159 Annual Graduates

$88,244 Median Starting Salary

Saint Mary's University of Minnesota is a wonderful decision for individuals interested in a master's degree in business administration & management. SMU MN is a small private not-for-profit university located in the distant town of Winona.

Master's recipients from the business administration & management major at Saint Mary's University of Minnesota earn $3,644 above the average college graduate in this field when they enter the workforce.

More information about a master’s in business administration & management from Saint Mary’s University of Minnesota

4

Bethel University Minnesota
Saint Paul, MN

36 Annual Graduates

$88,351 Median Starting Salary

It's difficult to beat Bethel University Minnesota if you wish to pursue a master's degree in business administration & management. Bethel University Minnesota is a small private not-for-profit university located in the suburb of Saint Paul.

Business Administration & Management master's degree recipients from Bethel University Minnesota earn a boost of around $3,751 above the typical income of business administration & management majors.

More information about a master’s in business administration & management from Bethel University Minnesota

5

St Catherine University
Saint Paul, MN

59 Annual Graduates

$96,358 Median Starting Salary

St. Kate's is a small private not-for-profit university located in the large city of Saint Paul.

Those business administration & management students who get their master's degree from St Catherine University make $11,758 more than the average business administration grad.

More information about a master’s in business administration & management from St Catherine University

6

Augsburg University
Minneapolis, MN

53 Annual Graduates

$93,025 Median Starting Salary

Augsburg is a small private not-for-profit university located in the city of Minneapolis.

Those business administration & management students who get their master's degree from Augsburg University make $8,425 more than the standard business administration student.

More information about a master’s in business administration & management from Augsburg University

7

Minnesota State University - Mankato
Mankato, MN

22 Annual Graduates

$107,540 Median Starting Salary

Minnesota State Mankato is a fairly large public university located in the small city of Mankato.

Business Administration & Management master's degree recipients from Minnesota State University - Mankato earn a boost of about $22,940 over the average earnings of business administration & management graduates.

More information about a master’s in business administration & management from Minnesota State University - Mankato

8

Rasmussen University - Minnesota
St. Cloud, MN

133 Annual Graduates

Located in the city of St. Cloud, Rasmussen University - Minnesota is a private for-profit university with a moderately-sized student population.More information about a master’s in business administration & management from Rasmussen University - Minnesota

9

Minnesota State University - Moorhead
Moorhead, MN

18 Annual Graduates

Located in the midsize suburb of Moorhead, MSU Moorhead is a public university with a small student population.More information about a master’s in business administration & management from Minnesota State University - Moorhead

10

Saint Cloud State University
Saint Cloud, MN

34 Annual Graduates

$102,478 Median Starting Salary

Located in the city of Saint Cloud, St. Cloud State University is a public university with a fairly large student population.

Those business administration & management students who get their master's degree from Saint Cloud State University make $17,878 more than the typical business administration student.

More information about a master’s in business administration & management from Saint Cloud State University

Best Business Administration & Management Colleges in the Plains States Region

Explore all the Best Business Administration & Management Schools in the Plains States Area or other specific states within that region.

State	Colleges	Degrees Awarded
Missouri	193	3,162
Iowa	154	1,119
Kansas	149	1,443
Nebraska	123	939
North Dakota	115	314
South Dakota	89	171

View All Rankings >

Business Administration & Management Related Rankings by Major

One of 21 majors within the Business, Management & Marketing area of study, Business Administration & Management has other similar majors worth exploring.

Business Administration Concentrations

Major	Annual Graduates
General Business Administration and Management	1,944
Project Management	200
Organizational Leadership	169
Interior Design Management	161
Non-Profit/Public/Organizational Management	29
Research and Development Management	3

Most Popular Majors Related to Business Administration

Related Major	Annual Graduates
Human Resource Management	562
Accounting	165
Management Sciences & Quantitative Methods	143
Taxation	27
Marketing	16
Finance & Financial Management	6
Management Information Systems	3

Notes and References

• The bars on the spread charts above show the distribution of the schools on this list +/- one standard deviation from the mean.
• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard). More about our data sources and methodologies.