Median Earnings (1yr)
$49,640
64th percentile
40th percentile in Minnesota
Median Debt
$22,350
14% below national median

Analysis

Minnesota State University-Mankato's business program sits in an interesting middle ground: it performs solidly against national competition (64th percentile) but falls below the state median for Minnesota business degrees. Your child would start at $49,640β€”above the national benchmark of $45,703β€”but trails the typical $52,469 that Minnesota business graduates earn. Among the state's 33 business programs, this one lands squarely in the middle tier, well behind flagships like UMN-Twin Cities ($66,000) but delivering respectable outcomes nonetheless.

The financial fundamentals look healthy. With $22,350 in median debt and nearly 20% earnings growth over four years, graduates are building equity in their degree rather than struggling under it. The debt-to-earnings ratio of 0.45 means most students could comfortably manage payments while establishing their careers. By year four, earnings reach $59,000β€”closing the gap with higher-ranked state programs.

For families prioritizing affordability over prestige, this represents a practical path into business careers. The 91% admission rate makes it accessible, and the debt load is notably lower than both state and national medians. Just understand you're buying solid fundamentals rather than elite placementβ€”fine for most business roles, but worth considering against higher-performing in-state options if your child qualifies and cost differences aren't prohibitive.

Where Minnesota State University-Mankato Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Earnings Distribution

How Minnesota State University-Mankato graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Minnesota State University-Mankato$49,640$59,003+19%
University of Minnesota-Twin Cities$65,996$75,971+15%
University of Minnesota-Crookston$58,805$72,627+24%
Capella University$68,701$72,613+6%
Saint Mary's University of Minnesota$56,290$71,352+27%

Compare to Similar Programs in Minnesota

Business Administration, Management and Operations bachelors's programs at peer institutions in Minnesota (33 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Minnesota State University-MankatoMankato$9,490$49,640$59,003$22,3500.45
Capella UniversityMinneapolis$14,436$68,701$72,613$33,7500.49
University of Minnesota-Twin CitiesMinneapolis$16,488$65,996$75,971$20,1600.31
Rasmussen University-MinnesotaSt. Cloud$10,899$59,693$56,566$37,3150.63
Concordia University-Saint PaulSaint Paul$25,000$59,044$63,736$27,0000.46
University of Minnesota-CrookstonCrookston$13,120$58,805$72,627$27,4340.47
National Medianβ€”$45,703β€”$26,0000.57

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Minnesota State University-Mankato, approximately 20% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 155 graduates with reported earnings and 159 graduates with debt data. Small samples may not be representative.