Minneapolis Business College

minneapolisbusinesscollege.edu

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    2019 Undergraduate Tuition
    $15,120
    2018 Average Net Price
    $13,724
    After Financial Aid
    2016 Default Rate
    3.85%
    on Student Loans
    2018 Enrolled Students
    135
    100% Full-Time
    2018 Graduation Rate
    83.5%
    71 Graduates

    About

    Minneapolis Business College is a higher education institution located in Ramsey County, MN. In 2019, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Minneapolis Business College were Medical Assistant (25 degrees awarded) and Computer Systems Networking & Telecommunications (9 degrees).

    In 2019, 79 degrees were awarded across all undergraduate and graduate programs at Minneapolis Business College. 64.6% of these degrees were awarded to women, and 35.4% awarded men. The most common race/ethnicity group of degree recipients was asian (29 degrees), 1.16 times more than then the next closest race/ethnicity group, white (25 degrees).

    The median undergraduate tuition at Minneapolis Business College is $15,120, which is $6,960 more than the national average for Associates Colleges ($8,160).

    In 2016 the default rate for borrower's at Minneapolis Business College was 3.85%, corresponding to 6 out of the 156 total borrowers.

    Associates Colleges: High Career & Technical-High TraditionalAssociates Colleges

    Costs

    In 2019, the median undergraduate tuition at Minneapolis Business College is $15,120.

    After taking grants and loans into account, the average net price for students is $13,724.

    In 2018, 79% of undergraduate students attending Minneapolis Business College received financial aid through grants. Comparatively, 95% of undergraduate students received financial aid through loans.

    Tuition Costs

    $15,120
    2019 Undergraduate Tuition

    In 2019, the cost of tuition at Minneapolis Business College was $15,120.

    This chart compares the tuition costs of Minneapolis Business College (in red) with those of other similar universities.

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    Average Net Price

    $13,724
    2018 Value
    11.2%
    1 Year Growth

    In 2018 Minneapolis Business College had an average net price — the price paid after factoring in grants and loans — of $13,724. Between 2017 and 2018, the average net price of Minneapolis Business College grew by 11.2%.

    This chart compares the average net price of Minneapolis Business College (in red) with that of other similar universities.

    Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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    Financial Aid by Income Level

    79%
    Undergraduates Receiving Financial Aid through Grants
    95%
    Undergraduates Receiving Financial Aid through Loans

    79% of undergraduate students at Minneapolis Business College received financial aid through grants or loans in 2018. This represents a growth of 2.6% with respect to 2017, when 77% of undergraduate students received financial aid.

    This chart compares the average award discount at Minneapolis Business College (in red) with that of other similar universities.

    The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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    Student Loan Default Rate

    Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
    3.85%
    2016 Default Rate
    6
    Number of Defaults

    In 2016 the default rate for borrower's at Minneapolis Business College was 3.85%, which represents 6 out of the 156 total borrowers.

    A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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    Enrollment

    Minneapolis Business College had a total enrollment of 135 students in 2018. The full-time enrollment at Minneapolis Business College is 135 students and the part-time enrollment is 0. This means that 100% of students enrolled at Minneapolis Business College are enrolled full-time.

    The enrolled student population at Minneapolis Business College, both undergraduate and graduate, is 68.1% White, 16.3% Asian, 9.63% Black or African American, and 5.93% Hispanic or Latino.

    Students enrolled at Minneapolis Business College in full-time Undergraduate programs are most commonly White Female (43.6%), followed by White Male (22.4%) and Asian Female (10.6%).

    Full-Time vs Part-Time Enrollment

    100%
    Full-Time Enrollment

    The total enrollment at Minneapolis Business College in 2018, both undergraduate and graduate, is 135 students. The full-time enrollment at Minneapolis Business College is 135 and the part-time enrollment is 0. This means that 100% of students enrolled at Minneapolis Business College are enrolled full-time compared with 31.9% at similar Associates Colleges.

    This chart shows the full-time vs part-time enrollment status at Minneapolis Business College (in red) compares to similar universities.

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    Retention Rate over Time

    83%
    2018 Retention Rate

    Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Minneapolis Business College was 83%. Compared with the full-time retention rate at similar Associates Colleges (64%), Minneapolis Business College had a retention rate higher than its peers.

    This chart shows the retention rate over time at Minneapolis Business College (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2018)
    1. White
      92 enrolled students
    2. Asian
      22 enrolled students
    3. Black or African American
      13 enrolled students

    The enrolled student population at Minneapolis Business College is 68.1% White, 16.3% Asian, 9.63% Black or African American, and 5.93% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 41.3% White, 28.4% Hispanic or Latino, and 13.2% Black or African American.

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    Graduates

    In 2019, 23 more women than men received degrees from Minneapolis Business College. The most common race/ethnicity group of degree recipients at Minneapolis Business College is asian (29 degrees awarded). There were 1.16 times more asian recipients than the next closest race/ethnicity group, white (25 degrees).

    The most common 1 to 2 Year Postsecondary Certificate concentration at Minneapolis Business College is Medical Assistant (25 degrees awarded), followed by Computer Systems Networking & Telecommunications (9 degrees).

    In 2019,  the most specialized majors across all degree types at Minneapolis Business College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (4 degrees awarded), Computer and Information Sciences and Support Services (14 degrees), and Health (37 degrees).

    Common Jobs by Major

    Registered nurses
    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Minneapolis Business College are Registered nurses (1,605,736 people), Accountants & auditors (1,055,004 people), Other managers (965,821 people), Software developers (817,433 people), and Financial managers (562,670 people).

    The most specialized majors at Minneapolis Business College in 2019 are Legal (4 degrees awarded), Computer and Information Sciences and Support Services (14 degrees), Health (37 degrees), Business (24 degrees), and Visual & Performing Arts (0 degrees) (as of 2019).

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    Highest Paying Jobs by Major

    Surgeons
    Highest Paying Job

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Minneapolis Business College are Surgeons, Cardiovascular technologists and technicians, Magnetic resonance imaging technologists, Dentists, and Physicians

    The most specialized majors at Minneapolis Business College are Legal (4 degrees awarded), Computer and Information Sciences and Support Services (14 degrees), Health (37 degrees), Business (24 degrees), and Visual & Performing Arts (0 degrees) (as of 2019).

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    Common Industries by Major

    General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals
    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Minneapolis Business College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,024,538 people), Computer Systems Design (1,262,137 people), Elementary & secondary schools (968,955 people), Colleges, universities & professional schools, including junior colleges (689,653 people), and Banking & related activities (539,647 people).

    The most specialized majors at Minneapolis Business College are Legal (4 degrees awarded), Computer and Information Sciences and Support Services (14 degrees), Health (37 degrees), Business (24 degrees), and Visual & Performing Arts (0 degrees) (as of 2019).

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    Majors Awarded

    IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Minneapolis Business College.
    Accounting Technology & Bookkeeping
    Most Common (2019)
    1 degrees awarded

    In 2019, the most common less than 1 year postsecondary certificate concentration at Minneapolis Business College was Accounting Technology & Bookkeeping with 1 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from less than 1 year postsecondary certificate programs at Minneapolis Business College according to their major.

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    Sex Breakdown for Common Majors

    28
    Degrees Awarded to Men
    in 2019
    51
    Degrees Awarded to Women
    in 2019

    In 2019, 28 degrees were awarded to men at Minneapolis Business College, which is 0.549 times less than the number of degrees awarded to females (51).

    This chart displays the sex disparity between the top 5 majors at Minneapolis Business College by degrees awarded.

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    Most Common Male Majors

    In 2019, 9 degrees were awarded to men at Minneapolis Business College in Computer Systems Networking & Telecommunications. There were no female recipients with the same degree.

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    Most Common Female Majors

    In 2019, 33 degrees were awarded to men at Minneapolis Business College in Medical Assistant, which is 8.25 times more than the 4 male recipients with that same degree.

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    Time to Complete

    86%
    100% Completion Time
    86%
    150% Completion Time

    In 2018, 86% of students graduating from Minneapolis Business College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 86% completed their degrees within 150% of the normal time, and 86% within 200%.

    The following chart shows these completion rates over time compared to the average for the Associates Colleges Carnegie Classification group.

    Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2019)
    1. Asian
      29 degrees awarded
    2. White
      25 degrees awarded
    3. Black or African American
      22 degrees awarded

    The most common race/ethnicity at Minneapolis Business College is asian (29 degrees awarded). There were 1.16 times more asian recipients than the next closest race/ethnicity group, white (25 degrees).

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2019)
    1. White Female
      121 degrees awarded
    2. White Female
      95 degrees awarded
    3. White Female
      85 degrees awarded

    The most common race/ethnicity and sex grouping at Minneapolis Business College is white female (121 degrees awarded). There were 1.27 times more white female recipients than the next closest race/ethnicity group, white female (95 degrees).

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    Operations

    In 2018, Minneapolis Business College had a total salary expenditure of 2.85M. Minneapolis Business College employs 5 No academic ranks, 5 Instructors. Most academics at Minneapolis Business College are Male Instructor (3), Male No academic rank (3), and Female Instructor (2).

    The most common positions for non-instructional staff at Minneapolis Business College are: Management, with 9 employees, Sales and related, with 5 employees, and Office and Administrative Support with 3 employees.

    Salary Expenditure

    $1.09M
    2018 Salaries
    23.8%
    growth from 2017

    In 2018, Minneapolis Business College paid a median of $1.09M in salaries, which represents 38.1% of their overall expenditure ($2.85M) and a 23.8% growth from the previous year. This is compared to a 0.0898% decline between 2016 and 2017, and a 3.64% decline between 2015 and 2016.

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    Instructional Salaries

    $594k
    Instructional Salaries
    10
    Number of Employees

    In 2018, Minneapolis Business College paid a total of $594k to 10 employees working as instructors, which represents 54.7% of all salaries paid.

    This is compared to a median of $720k (4.04%) for similar Associates Colleges.

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    Occupations by Share

    In 2018, the most common positions for non-instructional staff at Minneapolis Business College were Management with 9 employees, Sales and related with 5 employees, and Office and Administrative Support with 3 employees.

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