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.
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Ranked at #16 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 2020-2021 academic year, University of Minnesota - Twin Cities handed out 97 bachelor's degrees in business administration & management. This is a decrease of 11% over the previous year when 109 degrees were handed out.
In 2021, 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 2021, 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 $59,473 a year. This is higher than $41,334, which is the national median for all business administration bachelor's degree recipients.
Business Administration majors graduating with a master's degree from UMN Twin Cities make a median salary of $117,587 a year. This is a better than average outcome since the median salary for all business administration graduates with a master's is $63,566.
While getting their bachelor's degree at UMN Twin Cities, business administration students borrow a median amount of $20,160 in student loans. This is not too bad considering that the median debt load of all business administration bachelor's degree recipients across the country is $26,545.
The typical student loan payment of a bachelor's degree student from the business administration program at UMN Twin Cities is $253 per month.
Take a look at the following statistics related to the make-up of the business administration majors at University of Minnesota - Twin Cities.
The business administration program at UMN Twin Cities awarded 97 bachelor's degrees in 2020-2021. About 44% of these degrees went to men with the other 56% going 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, 77% 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 | 8 |
| Black or African American | 0 |
| Hispanic or Latino | 5 |
| White | 75 |
| Non-Resident Aliens | 6 |
| Other Races | 3 |
Of the 405 business administration students who graduated with a master's degree in 2020-2021 from UMN Twin Cities, about 65% were men and 35% were women.
The majority of the students with this major are white. About 64% of 2021 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 | 23 |
| Black or African American | 12 |
| Hispanic or Latino | 16 |
| White | 258 |
| Non-Resident Aliens | 71 |
| Other Races | 25 |
| Related Major | Annual Graduates |
|---|---|
| Finance & Financial Management | 321 |
| Human Resource Management | 278 |
| Marketing | 212 |
| Accounting | 156 |
| General Sales & Marketing | 139 |
View All Business Administration & Management Related Majors >
More about our data sources and methodologies.
