by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. In addition, we cover how UMN Twin Cities ranks in comparison to other schools with business administration programs.
Jump to any of the following sections:
Ranked at #11 in College Factual's most recent rankings, UMN Twin Cities is in the top 1% of the country for business administration students pursuing a bachelor's degree. It is also ranked #1 in Minnesota.
During the 2021-2022 academic year, University of Minnesota - Twin Cities handed out 110 bachelor's degrees in business administration & management. This is an increase of 13% over the previous year when 97 degrees were handed out.
In 2022, 405 students received their master’s degree in business administration from UMN Twin Cities. This makes it the #52 most popular school for business administration master’s degree candidates in the country.
In addition, 36 students received their doctoral degrees in business administration in 2022, making the school the #15 most popular school in the United States for this category of students.
Business Administration majors who earn their bachelor's degree from UMN Twin Cities go on to jobs where they make a median salary of $65,996 a year. This is higher than $45,741, which is the national median for all business administration bachelor's degree recipients.
While getting their bachelor's degree at UMN Twin Cities, business administration students borrow a median amount of $33,617 in student loans. This is higher than the the typical median of $21,553 for all business administration majors across the country.
The typical student loan payment of a bachelor's degree student from the business administration program at UMN Twin Cities is $253 per month.
Out-of-state part-time undergraduates at UMN Twin Cities paid an average of $1,324 per credit hour in 2022-2023. The average for in-state students was $558 per credit hour. The average full-time tuition and fees for undergraduates are shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $14,496 | $34,410 |
| Fees | $1,992 | $1,992 |
| Books and Supplies | $1,000 | $1,000 |
| On Campus Room and Board | $13,028 | $13,028 |
| On Campus Other Expenses | $2,350 | $2,350 |
Learn more about UMN Twin Cities tuition and fees.
For the most recent academic year available, 50% of business administration bachelor's degrees went to men and 50% went to women.
The majority of bachelor's degree recipients in this major at UMN Twin Cities are white. In the most recent graduating class for which data is available, 74% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Minnesota - Twin Cities with a bachelor's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 7 |
| Black or African American | 5 |
| Hispanic or Latino | 4 |
| White | 81 |
| Non-Resident Aliens | 7 |
| Other Races | 6 |
UMN Twin Cities does not offer an online option for its business administration bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the UMN Twin Cities Online Learning page.
Graduates of the master's business administration program at UMN Twin Cities make a median salary of $132,950. This is a better than average outcome since the median salary for all business administration graduates with a master's is $72,329.
Of the 474 students who earned a master's degree in Business Administration & Management from UMN Twin Cities in 2021-2022, 61% were men and 39% were women.
The majority of the students with this major are white. About 51% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from University of Minnesota - Twin Cities with a master's in business administration.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 19 |
| Black or African American | 14 |
| Hispanic or Latino | 19 |
| White | 242 |
| Non-Resident Aliens | 161 |
| Other Races | 19 |
Take a look at the following statistics related to the make-up of the business administration majors at University of Minnesota - Twin Cities.
| Related Major | Annual Graduates |
|---|---|
| Finance & Financial Management | 329 |
| Marketing | 224 |
| Human Resource Management | 212 |
| Accounting | 182 |
| General Sales & Marketing | 98 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.