Top 50 Best Master's Degree Programs in Minnesota by ROI

Every Master's Degree program in Minnesota ranked by estimated 20-year net return on investment across all majors. Data from the U.S. Department of Education College Scorecard.

Programs in Minnesota

177

Colleges with salary data

Average 20-Yr Net ROI

+$369,601

Across all Minnesota programs

Average Annual Cost

$38,205

Cost of attendance

#	College	Major	20-Yr Net ROI	Median Salary	Annual Cost	Avg Debt
1	Saint Mary's University of Minnesota Grad rate: 66.5%	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$3,057,600	$200,367	$54,870	N/A	Full ROI →
2	Mayo Clinic College of Medicine and Science	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$2,549,620	$169,481	N/A	N/A	Full ROI →
3	University of Minnesota-Twin Cities Grad rate: 84.6%	Dentistry.	+$2,101,134	$149,958	$29,013	N/A	Full ROI →
4	University of Minnesota-Twin Cities Grad rate: 84.6%	Pharmacy, Pharmaceutical Sciences, and Administration.	+$1,686,634	$129,233	$29,013	N/A	Full ROI →
5	University of Minnesota-Twin Cities Grad rate: 84.6%	Business Administration, Management and Operations.	+$1,587,394	$124,271	$29,013	N/A	Full ROI →
6	Augsburg University Grad rate: 54.1%	Allied Health Diagnostic, Intervention, and Treatment Professions.	+$1,531,688	$124,381	$57,966	N/A	Full ROI →
7	St Catherine University Grad rate: 64.5%	Allied Health Diagnostic, Intervention, and Treatment Professions.	+$1,497,876	$122,737	$58,432	N/A	Full ROI →
8	The College of Saint Scholastica Grad rate: 65.0%	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$1,431,942	$118,904	$53,069	N/A	Full ROI →
9	Bethel University Grad rate: 75.0%	Allied Health Diagnostic, Intervention, and Treatment Professions.	+$1,331,100	$114,186	$56,310	N/A	Full ROI →
10	University of St Thomas Grad rate: 77.3%	Business Administration, Management and Operations.	+$1,283,912	$112,664	$64,684	N/A	Full ROI →
11	Winona State University Grad rate: 60.7%	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$1,275,114	$108,093	$23,373	N/A	Full ROI →
12	University of Minnesota-Twin Cities Grad rate: 84.6%	Public Health.	+$1,221,354	$105,969	$29,013	N/A	Full ROI →
13	Minnesota State University-Mankato Grad rate: 53.3%	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$1,168,990	$102,706	$22,565	N/A	Full ROI →
14	Walden University	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$1,125,340	$98,267	N/A	N/A	Full ROI →
15	University of Minnesota-Twin Cities Grad rate: 84.6%	Veterinary Medicine.	+$1,097,414	$99,772	$29,013	N/A	Full ROI →
16	St Catherine University Grad rate: 64.5%	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$1,082,076	$101,947	$58,432	N/A	Full ROI →
17	Bethel University Grad rate: 75.0%	Business Administration, Management and Operations.	+$1,040,320	$99,647	$56,310	N/A	Full ROI →
18	Bethel University Grad rate: 75.0%	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$988,320	$97,047	$56,310	N/A	Full ROI →
19	Saint Cloud State University Grad rate: 45.5%	Business Administration, Management and Operations.	+$973,902	$92,834	$21,389	N/A	Full ROI →
20	Capella University	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$965,342	$92,470	$22,029	N/A	Full ROI →
21	University of St Thomas Grad rate: 77.3%	Computer and Information Sciences, General.	+$935,132	$95,225	$64,684	N/A	Full ROI →
22	Concordia University-Saint Paul Grad rate: 55.0%	Educational Administration and Supervision.	+$916,690	$91,284	$34,495	N/A	Full ROI →
23	University of St Thomas Grad rate: 77.3%	Education, Other.	+$887,752	$92,856	$64,684	N/A	Full ROI →
24	Concordia University-Saint Paul Grad rate: 55.0%	Business Administration, Management and Operations.	+$859,430	$88,421	$34,495	N/A	Full ROI →
25	Minnesota State University-Mankato Grad rate: 53.3%	Educational Administration and Supervision.	+$851,370	$86,825	$22,565	N/A	Full ROI →
26	Capella University	Computer/Information Technology Administration and Management.	+$843,742	$86,390	$22,029	N/A	Full ROI →
27	University of St Thomas Grad rate: 77.3%	Mechanical Engineering.	+$789,212	$87,929	$64,684	N/A	Full ROI →
28	Capella University	Management Information Systems and Services.	+$769,762	$82,691	$22,029	N/A	Full ROI →
29	University of St Thomas Grad rate: 77.3%	Criminal Justice and Corrections.	+$699,912	$83,464	$64,684	N/A	Full ROI →
30	Augsburg University Grad rate: 54.1%	Business Administration, Management and Operations.	+$653,708	$80,482	$57,966	N/A	Full ROI →
31	Hamline University Grad rate: 63.4%	Business Administration, Management and Operations.	+$632,304	$79,289	$56,738	N/A	Full ROI →
32	The College of Saint Scholastica Grad rate: 65.0%	Business Administration, Management and Operations.	+$626,462	$78,630	$53,069	N/A	Full ROI →
33	University of Minnesota-Twin Cities Grad rate: 84.6%	Law.	+$597,114	$74,757	$29,013	N/A	Full ROI →
34	Capella University	Management Sciences and Quantitative Methods.	+$585,862	$73,496	$22,029	N/A	Full ROI →
35	Capella University	Computer and Information Sciences, General.	+$582,542	$73,330	$22,029	N/A	Full ROI →
36	The College of Saint Scholastica Grad rate: 65.0%	Business/Commerce, General.	+$576,742	$76,144	$53,069	N/A	Full ROI →
37	Walden University	Computer and Information Sciences, General.	+$557,840	$69,892	N/A	N/A	Full ROI →
38	Luther Seminary	Theological and Ministerial Studies.	+$556,200	$69,810	N/A	N/A	Full ROI →
39	Saint Mary's University of Minnesota Grad rate: 66.5%	Business Administration, Management and Operations.	+$555,400	$75,257	$54,870	N/A	Full ROI →
40	Walden University	Management Information Systems and Services.	+$547,300	$69,365	N/A	N/A	Full ROI →
41	Walden University	Medical Illustration and Informatics.	+$528,280	$68,414	N/A	N/A	Full ROI →
42	University of Minnesota-Twin Cities Grad rate: 84.6%	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$526,454	$71,224	$29,013	N/A	Full ROI →
43	University of Minnesota-Twin Cities Grad rate: 84.6%	Medicine.	+$515,354	$70,669	$29,013	N/A	Full ROI →
44	Mayo Clinic College of Medicine and Science	Medicine.	+$515,140	$67,757	N/A	N/A	Full ROI →
45	Minnesota State University-Mankato Grad rate: 53.3%	Accounting and Related Services.	+$512,590	$69,886	$22,565	N/A	Full ROI →
46	Metropolitan State University Grad rate: 35.5%	Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing.	+$500,726	$69,642	$26,057	N/A	Full ROI →
47	Mitchell Hamline School of Law	Law.	+$493,620	$66,681	N/A	N/A	Full ROI →
48	Metropolitan State University Grad rate: 35.5%	Business Administration, Management and Operations.	+$490,066	$69,109	$26,057	N/A	Full ROI →
49	Concordia University-Saint Paul Grad rate: 55.0%	Criminal Justice and Corrections.	+$484,910	$69,695	$34,495	N/A	Full ROI →
50	Minnesota State University-Mankato Grad rate: 53.3%	Clinical, Counseling and Applied Psychology.	+$478,370	$68,175	$22,565	N/A	Full ROI →

How ROI is calculated

20-Year Net ROI = Gross Earnings (salary × 20) − Total Degree Cost − Debt Payoff (×1.35) − Baseline Opportunity Cost ($42,000 × 20). Data from the U.S. College Scorecard.