Finance and Financial Management Services at Minnesota State University-Mankato
Bachelor's Degree
mnsu.eduAnalysis
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 $69,000βwell 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 alternativesβwhere higher tuition could easily double this debt loadβMankato'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
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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Minnesota State University-Mankato | $51,248 | $68,997 | +35% |
| University of Minnesota-Twin Cities | $69,094 | $87,799 | +27% |
| University of St Thomas | $66,006 | $81,390 | +23% |
| University of Minnesota-Duluth | $51,953 | $71,475 | +38% |
| Winona State University | $52,188 | $70,992 | +36% |
Compare to Similar Programs in Minnesota
Finance and Financial Management Services bachelors's programs at peer institutions in Minnesota (21 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $9,490 | $51,248 | $68,997 | $24,233 | 0.47 | |
| $16,488 | $69,094 | $87,799 | $21,500 | 0.31 | |
| $52,284 | $66,006 | $81,390 | $26,250 | 0.40 | |
| $43,942 | $63,598 | $64,401 | $27,000 | 0.42 | |
| $30,020 | $59,104 | β | β | β | |
| $43,160 | $58,451 | β | $27,000 | 0.46 | |
| National Median | β | $53,590 | β | $23,332 | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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.