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2024 Best Grad Schools in Minnesota for Master's Degrees

19 Colleges
$57,734 Avg Salary

It's not easy to decide which grad school to attend when you have so many options available. One of our goals at College Factual is to give you as much information as we can - such as our Top Minnesota Colleges for a Master's ranking - to help you make that decision.

Jump to Any of the Following Sections: * Our Methodology

Choosing the Best Grad School for You

After analyzing 19 grad schools in Minnesota, we came up with our list of those that offered the best master's degree programs. To come up with this ranking of the best grad schools, we look at factors that are all objective measurements. We explain more about what we look at and why we do so below.

Higher Than Average Earnings

To determine the overall quality of a graduate school, one factor we look at is the average early-career salary of those receiving a master's degree from the school. While master's degree recipients from schools in Minnesota earn an average starting salary of $57,734, those from the top 19 school on this list made an average of $60,402.

Starting Salary  ( 46060 to 68564 )
$0
$98,750

Taking Out Student Loans

In addition to average starting salaries, we also consider the average amount of student loans that graduate students take on while pursuing their master's degree. We consider this number in conjunction with average post-graduation earnings to gauge the difficulty master's recipients will have paying back their loans.

More Ranking Factors That Are Important

We also analyze a number of other factors in addition to average post-graduation earnings and average student debt when coming up with our yearly Best Master's Degree Schools ranking. On a broad level, other factors that go into our rankings include such things as the demand of the school, the student body caliber, if the school has online options, and the educational resources provided by the school.

We go into more detail on these factors on our graduate school ranking methodology page.

One Size Does Not Fit All

Rankings by Location Check Out Other Locales
Doctorate Degrees Ranking Other Graduate Rankings
You may also want to narrow this list by location to find the best master's degree schools nearest you. In addition, we've put together a number of other college rankings that may help you in your search.

Thinking about continuing your education further? Check out our Best Doctorate Degree Schools ranking.

Top Master's Degree Schools in Minnesota

Learn more about these excellent grad schools below:

1
2,946 Master's Degrees Awarded
$64,362 Average Early-Career Earnings

University of Minnesota - Twin Cities tops this year’s ranking as the best grad school for master’s degrees in Minnesota for overall quality. Minneapolis, Minnesota is the setting for this large institution of higher learning. The public school handed out master’s degrees to 2,946 students in 2020-2021.

During the early years of their career, master’s degree graduates from UMN Twin Cities make an average of $64,362 a year.

Learn More About University of Minnesota - Twin Cities

2
980 Master's Degrees Awarded
$68,893 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of St Thomas Minnesota. The school came in at #2 in Minnesota on this year’s best master’s degree schools ranking. UST MN is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a medium-sized population, and it awarded 980 master’s degrees in 2020-2021.

Upon graduation, master’s degree recipients go on to jobs making an average salary of $68,893 during the early years of their career.

Full University of St Thomas Minnesota Report

3
Capella University crest
Capella University
Minneapolis, Minnesota
6,772 Master's Degrees Awarded
$55,786 Average Early-Career Earnings

Out of the 19 master’s degree schools in Minnesota that were part of this year’s ranking, Capella University landed the #3 spot on the list. Capella University is located in Minneapolis, Minnesota and has a large student population. In 2020-2021, this school awarded 6,772 master’s degrees to qualified graduate students.

During the early years of their career, master’s degree graduates from Capella University make an average of $55,786 a year.

Read full report on Capella University

4
Hamline crest
Hamline University
Saint Paul, Minnesota
394 Master's Degrees Awarded
$54,159 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Hamline University. The school came in at #4 in Minnesota on this year’s best master’s degree schools ranking. Saint Paul, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 394 students in 2020-2021.

During the early years of their career, master’s degree graduates from Hamline make an average of $54,159 a year.

Full Hamline University Report

5
Bethel University Minnesota crest
Bethel University Minnesota
Saint Paul, Minnesota
342 Master's Degrees Awarded
$60,640 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Bethel University Minnesota. The school came in at #5 in Minnesota on this year’s best master’s degree schools ranking. Located in Saint Paul, Minnesota, the small private not-for-profit school handed out 342 master’s degrees in 2020-2021.

The average salary of a graduate with a master’s degree from Bethel University Minnesota is $60,640 during the early years of their career.

Learn More About Bethel University Minnesota

6
308 Master's Degrees Awarded
$55,353 Average Early-Career Earnings

The College of Saint Scholastica did quite well in the 2024 Best Master’s Degree Schools in Minnesota ranking, coming in at #6. Duluth, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 308 students in 2020-2021.

During the early years of their career, master’s degree graduates from St. Scholastica make an average of $55,353 a year.

Learn More About The College of Saint Scholastica

7
Winona State crest
Winona State University
Winona, Minnesota
146 Master's Degrees Awarded
$98,750 Average Early-Career Earnings

Winona State University landed the #7 spot on the 2024 Best Master’s Degree Schools in Minnesota ranking. Winona State is a medium-sized public school situated in Winona, Minnesota. It awarded 146 master’s degrees in 2020-2021.

During the early years of their career, master’s degree graduates from Winona State make an average of $98,750 a year.

Full Winona State University Report

8
Augsburg crest
Augsburg University
Minneapolis, Minnesota
296 Master's Degrees Awarded
$71,211 Average Early-Career Earnings

Augsburg University ranked #8 on this year’s Best Master’s Degree Schools in Minnesota list. This small private not-for-profit school is located in Minneapolis, Minnesota, and it awarded 296 master’s degrees in 2020-2021.

Graduates with a master’s degree from Augsburg make an average of $71,211 per year during the early years of their career.

Full Augsburg University Report

9
1,275 Master's Degrees Awarded
$65,185 Average Early-Career Earnings

Saint Mary’s University of Minnesota came in at #9 in this year’s edition of the Best Master’s Degree Schools in Minnesota ranking. SMU MN is a small private not-for-profit school situated in Winona, Minnesota. It awarded 1,275 master’s degrees in 2020-2021.

The average salary of a graduate with a master’s degree from SMU MN is $65,185 during the early years of their career.

Read full report on Saint Mary’s University of Minnesota

10
588 Master's Degrees Awarded
$51,608 Average Early-Career Earnings

Minnesota State University - Mankato landed the #10 spot on the 2024 Best Master’s Degree Schools in Minnesota ranking. Located in Mankato, Minnesota, the fairly large public school awarded 588 diplomas to qualifed master’s degree students in 2020-2021.

The average salary of a graduate with a master’s degree from Minnesota State Mankato is $51,608 during the early years of their career.

Read full report on Minnesota State University - Mankato

11
St. Cloud State University crest
Saint Cloud State University
Saint Cloud, Minnesota
515 Master's Degrees Awarded
$51,791 Average Early-Career Earnings

Saint Cloud State University came in at #11 in this year’s edition of the Best Master’s Degree Schools in Minnesota ranking. Saint Cloud State University is a fairly large public school located in Saint Cloud, Minnesota that handed out 515 master’s degrees in 2020-2021.

During the early years of their career, master’s degree graduates from St. Cloud State University make an average of $51,791 a year.

Learn More About Saint Cloud State University

12
278 Master's Degrees Awarded
$48,452 Average Early-Career Earnings

Minnesota State University - Moorhead came in at #12 in this year’s edition of the Best Master’s Degree Schools in Minnesota ranking. Located in Moorhead, Minnesota, the small public school handed out 278 master’s degrees in 2020-2021.

Upon graduation, master’s degree recipients go on to jobs making an average salary of $48,452 during the early years of their career.

Full Minnesota State University - Moorhead Report

13
230 Master's Degrees Awarded
$57,313 Average Early-Career Earnings

University of Minnesota - Duluth came in at #13 in this year’s edition of the Best Master’s Degree Schools in Minnesota ranking. Duluth, Minnesota is the setting for this medium-sized institution of higher learning. The public school handed out master’s degrees to 230 students in 2020-2021.

The average salary of a graduate with a master’s degree from UMN Duluth is $57,313 during the early years of their career.

Full University of Minnesota - Duluth Report

14
St. Kate's crest
St Catherine University
Saint Paul, Minnesota
403 Master's Degrees Awarded
$63,695 Average Early-Career Earnings

St Catherine University landed the #14 spot on the 2024 Best Master’s Degree Schools in Minnesota ranking. St. Kate’s is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a small population, and it awarded 403 master’s degrees in 2020-2021.

Those who receive a master’s degree from St. Kate’s go into careers with an average salary of $63,695 during the early years of their career.

Read full report on St Catherine University

15
52 Master's Degrees Awarded
$61,526 Average Early-Career Earnings

University of Northwestern - St Paul did quite well in the 2024 Best Master’s Degree Schools in Minnesota ranking, coming in at #15. Northwestern is located in Saint Paul, Minnesota and has a small student population. In 2020-2021, this school awarded 52 master’s degrees to qualified graduate students.

Graduates with a master’s degree from Northwestern make an average of $61,526 per year during the early years of their career.

Learn More About University of Northwestern - St Paul

16
763 Master's Degrees Awarded
$56,717 Average Early-Career Earnings

Concordia University, Saint Paul ranked #16 on this year’s Best Master’s Degree Schools in Minnesota list. This medium-sized private not-for-profit school is located in Saint Paul, Minnesota, and it awarded 763 master’s degrees in 2020-2021.

During the early years of their career, master’s degree graduates from Concordia University, Saint Paul make an average of $56,717 a year.

Learn More About Concordia University, Saint Paul

17
169 Master's Degrees Awarded
$49,635 Average Early-Career Earnings

Southwest Minnesota State University did quite well in the 2024 Best Master’s Degree Schools in Minnesota ranking, coming in at #17. Southwest Minnesota State University is a medium-sized public school located in Marshall, Minnesota that handed out 169 master’s degrees in 2020-2021.

During the early years of their career, master’s degree graduates from Southwest Minnesota State University make an average of $49,635 a year.

Read full report on Southwest Minnesota State University

18
Metro State crest
Metropolitan State University
Saint Paul, Minnesota
190 Master's Degrees Awarded
$59,072 Average Early-Career Earnings

Metropolitan State University did quite well in the 2024 Best Master’s Degree Schools in Minnesota ranking, coming in at #18. Metro State is a public institution located in Saint Paul, Minnesota. The school has a medium-sized population, and it awarded 190 master’s degrees in 2020-2021.

Graduates with a master’s degree from Metro State make an average of $59,072 per year during the early years of their career.

Full Metropolitan State University Report

19
Bemidji State University crest
Bemidji State University
Bemidji, Minnesota
99 Master's Degrees Awarded
$53,489 Average Early-Career Earnings

With a ranking of #19, Bemidji State University did quite well on the 2024 Best Master’s Degree Schools in Minnesota list. Bemidji State University is a public institution located in Bemidji, Minnesota. The school has a small population, and it awarded 99 master’s degrees in 2020-2021.

Those who receive a master’s degree from Bemidji State University go into careers with an average salary of $53,489 during the early years of their career.

Full Bemidji State University Report

Best Master's Degree Schools in the Plains States Region

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Notes and References

More about our data sources and methodologies.

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