Finance and Financial Management Services at Minnesota State University-Mankato
Bachelor's Degree
Analysis
Minnesota State University-Mankato's finance program starts below both state and national medians but tells a promising story about trajectory. While first-year earnings of $51,248 lag behind Minnesota's typical $52,188, graduates see strong 35% growth by year four, reaching nearly $69,000—well above what most Minnesota finance programs deliver and approaching the earnings of much more selective private schools like St. Thomas and Augsburg.
The debt picture is reasonable at $24,233, creating a manageable 0.47 debt-to-earnings ratio that improves significantly as careers progress. This amount is essentially identical to both state and national medians, meaning students aren't paying a premium relative to other finance programs. For parents weighing this against pricier alternatives—where higher tuition could easily double this debt load—Mankato's combination of affordable access and strong mid-career outcomes deserves attention.
The key advantage here is career progression. While your child won't start at the top of the pack, the program appears to prepare graduates for roles with genuine advancement potential. Given the 91% admission rate, this represents an accessible path to solid finance earnings, particularly for students who may not have the credentials for Minnesota's flagship campus but are willing to build their career over time.
Where Minnesota State University-Mankato Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Minnesota State University-Mankato graduates compare to all programs nationally
Minnesota State University-Mankato graduates earn $51k, placing them in the 37th percentile of all finance and financial management services bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Minnesota
Finance and Financial Management Services bachelors's programs at peer institutions in Minnesota (21 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Minnesota State University-Mankato | $51,248 | $68,997 | $24,233 | 0.47 |
| University of Minnesota-Twin Cities | $69,094 | $87,799 | $21,500 | 0.31 |
| University of St Thomas | $66,006 | $81,390 | $26,250 | 0.40 |
| Augsburg University | $63,598 | $64,401 | $27,000 | 0.42 |
| Concordia College at Moorhead | $59,104 | — | — | — |
| Saint Mary's University of Minnesota | $58,451 | — | $27,000 | 0.46 |
| National Median | $53,590 | — | $23,332 | 0.44 |
Other Finance and Financial Management Services Programs in Minnesota
Compare tuition, earnings, and debt across Minnesota schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Minnesota-Twin Cities Minneapolis | $16,488 | $69,094 | $21,500 |
| University of St Thomas Saint Paul | $52,284 | $66,006 | $26,250 |
| Augsburg University Minneapolis | $43,942 | $63,598 | $27,000 |
| Concordia College at Moorhead Moorhead | $30,020 | $59,104 | — |
| Saint Mary's University of Minnesota Winona | $43,160 | $58,451 | $27,000 |
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 97 graduates with reported earnings and 96 graduates with debt data. Small samples may not be representative.