Musicians Institute vs. Minnesota School of Business-Richfield

Should I go to Musicians Institute or Minnesota School of Business Richfield? Compare 50+ facts and figures about the colleges to help you determine if Musicians Institute or Minnesota School of Business-Richfield is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.

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Musicians Institute vs. Minnesota School of Business Richfield comparison
Musicians Institute Minnesota School of Business Richfield College 3 College 4
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Overview

Musicians Institute Minnesota School of Business-Richfield
Location Hollywood, CA Richfield, MN
Setting Large City Large Suburban
Enrollment 864 581
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation - - - -
Status For-profit For-profit
Website mi.edu msbcollege.edu
Team Colors                    

Costs

Musicians Institute Minnesota School of Business-Richfield
Tuition (In State) $24,525 $14,040
Tuition (Out of State) $24,525 $14,040
Room & Board $12,438 $5,472
Avg Net Price $36,976 $19,167
Avg Grant Aid $4,265 $7,125
% Receiving Grant Aid 47% 98%

Admission

Musicians Institute Minnesota School of Business-Richfield
Admission Chances Calculate Calculate
Applied 348 -
Admitted 273 -
Acceptance Rate 78.4% Open
Enrolled % 42.5% Open
Avg High School GPA - -
Typical High School Grades - -
Admissions Standards Unavailable Unavailable
Applicant Competition
ACT Range
SAT Range
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Not applicable
Application Deadline

Academics

Musicians Institute Minnesota School of Business-Richfield
Student to Faculty Ratio 6:1 0:1
Popular Majors
  • Visual and Performing Arts (100%)
  • Business (44%)
  • Health Professions (19%)
  • Communications Technology (10%)
  • Computer and Information Sciences (10%)
  • Legal Professions (9%)

Outcomes

Musicians Institute Minnesota School of Business-Richfield
Graduation Rate 67% 25%
Median Earnings (After 10 years) $34,900 $35,300
Making Student Loan Payments 53% 42%
Median Student Loan Debt N/A $26,325
Median Loan Payment N/A $272

Diversity

Musicians Institute Minnesota School of Business-Richfield
% Men 74% 0%
% Women 26% 0%
Racial Diversity Very High Low
HBCU No No
% White 26% 76%
% Black 8% 8%
% Hispanic 13% 5%
% Native American 1% 1%
% Pacific Islander 0% 1%
% Two or More Races 6% 0%
% International 35% 0%
% Unknown Race 6% 3%

Students

Musicians Institute Minnesota School of Business-Richfield
% In-State 20% -
% Out-of-State 27% -

Campus

Musicians Institute Minnesota School of Business-Richfield
Campus Housing No No
Freshman Dorm Required No No
Meal Plan No No
Weekend/Evening Classes Yes Yes
Daycare Facility No No
Learn More Details Details

Comparable Facts

  • Musicians Institute is larger than than Minnesota School of Business-Richfield based on total student enrollment (864 students vs. 581 students)

Musicians Institute vs. Minnesota School of Business-Richfield Cost Comparison

Which college is more expensive, Musicians Institute or Minnesota School of Business-Richfield?

  • Musicians Institute is 74.7% more expensive to attend than Minnesota School of Business-Richfield for in-state tuition ($24,525.00 vs. $14,040.00)
  • Out of state tuition is 74.7% higher at Musicians Institute than Minnesota School of Business Richfield ($24,525.00 vs. $14,040.00)
  • The typical actual cost that students pay to attend (average net price) is less at Minnesota School of Business Richfield than Musicians Institute ($19,167 vs. $36,976)
  • Living costs (room and board or off-campus housing budget) at Minnesota School of Business Richfield are 127.3% lower than costs at Musicians Institute ($5,472 vs. $12,438)
  • More students receive financial grant aid at Minnesota School of Business Richfield than Musicians Institute (98% vs. 47%)
  • The average total grant financial aid received by Minnesota School of Business Richfield students is 67.1% larger than aid received Musicians Institute ($7,125 vs. $4,265)

Which college is harder to get into, Musicians Institute or Minnesota School of Business-Richfield? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between Minnesota School of Business-Richfield or Musicians Institute .

Musicians Institute vs. Minnesota School of Business-Richfield Graduation Outcomes Comparison

Which is better, Musicians Institute or Minnesota School of Business-Richfield? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between Minnesota School of Business-Richfield and Musicians Institute.

  • The graduation rate at Musicians Institute is higher than Minnesota School of Business Richfield (67% vs. 25%)
  • Graduates from Minnesota School of Business Richfield earn on average $400 more per year than Musicians Institute graduates after ten years. ($35,300 vs. $34,900)
  • More Musicians Institute graduates are actively paying back their federal student loan debt than former Minnesota School of Business-Richfield students, three years after graduation. (53% vs. 42%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/