Minnesota MBA Degree Salary

By Henry R. Steele - January 13, 2019
Reading Time: 6 minutes

The following article discusses the salary and career outlook for graduates with a MBA degree in Minnesota. Learn about the demand for MBAs, salary outlook, top employers, job titles, as well as MBA degree options for campus and online for graduates or career changers in Minnesota.

MBA Snapshot

Avg Minnesota Salary

$87,373

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State vs National

Ranked 24th

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Total Job Postings

322

Job Type

Full-Time

Min Education Level

Bachelor’s Degree

Recommended Degree

Masters or MBA

Most Common Degree

General Business Management

Most Common Experience Level

Mid Level

*Data based on job title of Product Manager

Minnesota MBA Demand

The outlook for MBA grads in Minnesota is booming.

National MBA Salary Outlook

The national average estimate for Product Manager was $100,735. This number is estimated from over 37,808 salaries and job advertisements from Indeed.com. This equates to an hourly salary of $52.470 and monthly of $8,395.

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$32,000

$207,000

Salary Distribution

Minnesota MBA Salaries by Career

The following MBA career paths show the average salary derived from job postings in Minnesota.

Project Manager$74,965 Rank: 38th

The average salary ranks 38th among states in the country. This equates to an hourly salary of $39.040 and monthly of $6,247. There were job openings from employers like Life Time, Foth Companies, Boston Scientific Corporation, and Wells Fargo. Further, 85% of these employers were seeking Full-time workers. Others such as Contract, Temporary, Internship, Part-time, Commission were also available. Most jobs for Project Manager required an applicant to have Mid Level experience such as a MBA degree.

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$23,000

$155,000

Salary Distribution

Operations Manager$58,742 Rank: 34th

The average salary ranks 34th among states in the country. This equates to an hourly salary of $30.590 and monthly of $4,895. There were job openings from employers like Target, Michaels, Goodwill – Easter Seals Minnesota, and Park Nicollet. Further, 85% of these employers were seeking Full-time workers. Others such as Part-time, Commission, Contract, Internship, Temporary were also available. Most jobs for Operations Manager required an applicant to have Mid Level experience such as a MBA degree.

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$14,000

$133,000

Salary Distribution

Financial Analyst$56,332 Rank: 35th

The average salary ranks 35th among states in the country. This equates to an hourly salary of $29.340 and monthly of $4,694. There were job openings from employers like UnitedHealth Group, U.S. Bank, Cargill, and Target. Further, 90% of these employers were seeking Full-time workers. Others such as Temporary, Contract, Part-time, Internship, Commission were also available. Most jobs for Financial Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$7.35

$65.95

Salary Distribution

Marketing Manager$64,103 Rank: 12th

The average salary ranks 12th among states in the country. This equates to an hourly salary of $33.390 and monthly of $5,342. There were job openings from employers like TARGET, Coloplast, Resideo, and Coloplast Danmark A/S. Further, 91% of these employers were seeking Full-time workers. Others such as Contract, Part-time, Temporary, Commission were also available. Most jobs for Marketing Manager required an applicant to have Mid Level experience such as a MBA degree.

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$20,000

$133,000

Salary Distribution

Management Analyst$48,883 Rank: 38th

The average salary ranks 38th among states in the country. This equates to an hourly salary of $25.460 and monthly of $4,074. There were job openings from employers like TARGET, U.S. Bank, Cargill, and Wells Fargo. Further, 89% of these employers were seeking Full-time workers. Others such as Contract, Part-time, Internship, Temporary, Commission were also available. Most jobs for Management Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$11.70

$44.35

Salary Distribution

Operations Analyst$47,846 Rank: 32nd

The average salary ranks 32nd among states in the country. This equates to an hourly salary of $24.920 and monthly of $3,987. There were job openings from employers like University of Minnesota, Best Buy, Andersen Corporation, and UnitedHealth Group. Further, 93% of these employers were seeking Full-time workers. Others such as Commission, Temporary, Contract, Internship, Part-time were also available. Most jobs for Operations Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$7.25

$56.00

Salary Distribution

Business Analyst$81,715 Rank: 17th

The average salary ranks 17th among states in the country. This equates to an hourly salary of $42.560 and monthly of $6,810. There were job openings from employers like Cargill, Ameriprise Financial, CHS Inc., and C.H. Robinson. Further, 93% of these employers were seeking Full-time workers. Others such as Internship, Temporary, Commission, Contract were also available. Most jobs for Business Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$12.25

$90.95

Salary Distribution

Data Analyst$50,035 Rank: 33rd

The average salary ranks 33rd among states in the country. This equates to an hourly salary of $26.060 and monthly of $4,170. There were job openings from employers like TARGET, U.S. Bank, Cargill, and Mayo Clinic. Further, 91% of these employers were seeking Full-time workers. Others such as Contract, Part-time, Internship, Temporary, Commission were also available. Most jobs for Data Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$7.25

$60.20

Salary Distribution

Management Consultant$96,037 Rank: 11th

The average salary ranks 11th among states in the country. This equates to an hourly salary of $50.020 and monthly of $8,003. There were job openings from employers like Accenture, Tailored Brands, Totally Tan, Inc., and Target. Further, 80% of these employers were seeking Full-time workers. Others such as Temporary, Internship, Part-time, Commission, Contract were also available. Most jobs for Management Consultant required an applicant to have Mid Level experience such as a MBA degree.

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$33,000

$190,000

Salary Distribution

Human Resources Manager$79,012 Rank: 16th

The average salary ranks 16th among states in the country. This equates to an hourly salary of $41.150 and monthly of $6,584. There were job openings from employers like United States Postal Service, Boston Scientific, Papa Murphy's, and Lids. Further, 87% of these employers were seeking Full-time workers. Others such as Contract, Temporary, Commission, Part-time, Internship were also available. Most jobs for Human Resources Manager required an applicant to have Mid Level experience such as a MBA degree.

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$36,000

$139,000

Salary Distribution

Financial Advisor$58,914 Rank: 29th

The average salary ranks 29th among states in the country. This equates to an hourly salary of $30.680 and monthly of $4,910. There were job openings from employers like UnitedHealth Group, Accenture, Prudential, and Deloitte. Further, 83% of these employers were seeking Full-time workers. Others such as Part-time, Commission, Contract, Temporary, Internship were also available. Most jobs for Financial Advisor required an applicant to have Mid Level experience such as a MBA degree.

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$14,000

$146,000

Salary Distribution

Investment Banking Analyst$133,976 Rank: 8th

The average salary ranks 8th among states in the country. This equates to an hourly salary of $69.780 and monthly of $11,165. There were job openings from employers like Piper Jaffray, RBC, Bremer Bank, and Parametric. Further, 85% of these employers were seeking Full-time workers. Others such as Part-time, Internship, Temporary were also available. Most jobs for Investment Banking Analyst required an applicant to have Mid Level experience such as a MBA degree.

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$45,000

$268,000

Salary Distribution

Product Manager$87,373 Rank: 24th

The average salary ranks 24th among states in the country. This equates to an hourly salary of $45.510 and monthly of $7,281. There were job openings from employers like Boston Scientific Corporation, U.S. Bank, Bloomington Public Schools, and Trimble Inc.. Further, 92% of these employers were seeking Full-time workers. Others such as Part-time, Temporary, Contract, Internship were also available. Most jobs for Product Manager required an applicant to have Mid Level experience such as a MBA degree.

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$24,000

$189,000

Salary Distribution

Best Cities for MBA Grads in Minnesota

The following list of Minnesota cities show the largest number of job postings for top MBA careers:

City # of Employers Average Salary
Minneapolis 16 $88,090
Saint Paul 7 $122,831

Top Minnesota MBA Employers

The following list analyzes the top MBA employers in Minnesota hiring graduates in the management field:

Employer Name Average Salary

Minnesota Campus MBA Degrees

The following campus-based colleges offer MBA degrees for Minnesota students:

Disclaimer: All salary numbers and figures are will vary depending on several factors such as level of education, college/university attended, amount of experience, industry, company size and location.

Sources: Sources for the above salary, employer and jobs data was aggregated through Indeed.com and BLS.gov

Henry R. Steele
Henry R. Steele
Managing Editor
Henry is Managing Editor of BusinessStudent.com. He is a seasoned business professional who regularly consults with local business's throughout Southern California. Henry pursued his undergrad in Business and Economics at the University of San Diego and gained valuable life changing experience through a unique internship upon graduation.Follow on Twitter.com

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