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

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 $7,008 more than the national average for Associates Colleges ($8,112).

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 Traditional Associates 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.

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.

Other Student Expenses

$5,400

Room and Board

$1,190

Books and Supplies

The average yearly cost of room and board at Minneapolis Business College was of $5,400 in 2019. The cost of room and board did not change between 2018 and 2019.

During the same period, the average yearly cost of books and supplies was $1,190. The cost of books and supplies increased by 3.03% during the same period.

This chart compares the average student costs at Minneapolis Business College (in red) with that of similar universities.

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.

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

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.

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 (43.7%), followed by White Male (24.4%) and Asian Female (8.89%).

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 32.2% 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.

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 (62%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2018)

White
92 enrolled students
Asian
22 enrolled students
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 42.9% White, 27.9% Hispanic or Latino, and 12.5% Black or African American.

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

Elementary & middle school teachers

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 Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 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).

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, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

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).

Common Industries by Major

Elementary & secondary schools

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 Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

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.

Most Common (2019)

Medical Assistant
12 degrees awarded
Accounting Technology & Bookkeeping
8 degrees awarded
Tourism & Travel Services Management
8 degrees awarded

In 2019, the most common associates degree concentration at Minneapolis Business College was Medical Assistant with 12 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Minneapolis Business College according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2019

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.

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.

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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2018 at Minneapolis Business College is Male and Hispanic or Latino (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2019)

Asian
29 degrees awarded
White
25 degrees awarded
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).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2019)

Asian Female
21 degrees awarded
Black or African American Female
14 degrees awarded
White Female
13 degrees awarded

The most common race/ethnicity and sex grouping at Minneapolis Business College is asian female (21 degrees awarded). There were 1.5 times more asian female recipients than the next closest race/ethnicity group, black or african american female (14 degrees).

Operations

Minneapolis Business College employs 5 Instructors, 5 No academic ranks. 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, 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.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

Instructional Salaries

$594k

Instructional Salaries

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 $5.35M (31.8%) for similar Associates Colleges.

Occupations by Share

Instructor

Most Common Instructor

5 Employees

Management

Most Common Non-Instructional Employee

9 Employees

In 2018, the most common positions for instructional staff at Minneapolis Business College were Instructor with 5 employees, and No academic rank with 5 employees.

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.

Instructors by Academic Rank and Sex

Most Common Demographic (2018)

Male Instructor
Male No academic rank
Female Instructor

In 2018, the most common demographic for instructional staff at Minneapolis Business College was Male Instructor with 3 employees, Male No academic rank with 3 employees, and Female Instructor with 2 employees.

This chart shows the sex split between each academic rank present at Minneapolis Business College.

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