Best Risk Management Schools Near Mankato, MN (2026)

Mankato, Minnesota has 3 accredited schools offering risk management programs, with tuition ranging from $6,653 to $17,040 per year for indexed programs. Mankato has a population of about 44,882. Median household income is $64,826 (Census ACS 2023, 5-year). About 36.2% of adults 25+ hold a bachelor’s degree or higher. In the Mankato, MN metro area, the top-earning risk management-related role is Financial Manager at a median $134,710 annually (BLS OEWS, May 2025).


Closest Risk Management Schools to Mankato

The accredited institutions listed below are the closest in our directory that offer risk management programs near Mankato, ranked by BOC Score and straight-line distance from Mankato city center. The list is rebuilt from federal IPEDS data on every site update.

How We Rank Schools

Every school list on this site is ordered by the BOC Score, computed from the most recent school-level data published by the U.S. Department of Education (College Scorecard and IPEDS). To qualify, a school must be currently operating and accredited by an agency recognized by the U.S. Department of Education. Each eligible school is then scored on five measures, percentile-ranked against schools at the same credential level:

  • Graduation rate 30%
  • Median earnings, 10 years after entry 25%
  • Average net price (lower is better) 20%
  • Retention rate 15%
  • Fully online availability 10%

Schools without enough outcome data appear after ranked schools, without a score. On this page, schools are ordered by distance from Mankato. Advertising never affects these rankings. Read the full methodology.

Ranked by BOC Score โ€” U.S. Dept. of Education outcome data. Advertising never affects rankings.

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#1

University of St Thomas

Saint Paul, MN 66.0 miles from Mankato
  • 4 year
  • Offers a fully online program
73.5 BOC Score
Graduation rate 78%
Median earnings, 10 yrs after entry $73,739
Avg net price $29,155/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 87%
  • Programs offered: 109

Source:IPEDSCollege Scorecard

#2

University of Minnesota-Twin Cities

Minneapolis, MN 66.3 miles from Mankato
  • 4 year
  • Offers a fully online program
83.9 BOC Score
Graduation rate 83%
Median earnings, 10 yrs after entry $69,020
Avg net price $16,778/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 91%
  • Programs offered: 250

Source:IPEDSCollege Scorecard

#3

University of Minnesota-Duluth

Duluth, MN 204.5 miles from Mankato
  • 4 year
  • Offers a fully online program
68.7 BOC Score
Graduation rate 65%
Median earnings, 10 yrs after entry $62,616
Avg net price $18,743/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 81%
  • Programs offered: 94

Source:IPEDSCollege Scorecard

Source: IPEDS / College Scorecard (2023 cohort). Browse all Minnesota schools on the Minnesota risk management page.


Risk Management Wages Near Mankato

Mankato is part of the Mankato, MN metro area (BLS area code 31860). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to Minnesota statewide.

OccupationMedian WageSourceCOL-Adjusted (US=100)
Financial Risk Specialist$105,420MN statewide$115,846
Financial Manager$134,710Mankato, MN$148,033
Insurance Underwriter$80,700MN statewide$88,681

Source: BLS, May 2025 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.


Mankato at a Glance

MetricValueSource
Population44,882Census ACS 2023 5-yr (B01003)
Median household income$64,826Census ACS 2023 5-yr (B19013)
Adults 25+ with bachelor’s+36.2%Census ACS 2023 5-yr (B15003)
Regional Price Parity (US=100)91.0 (below U.S. average)BEA RPP 2024

Other Mankato-Area Cities With Risk Management Programs


Frequently Asked Questions

How many accredited risk management schools are near Mankato, MN?

Our directory has 3 accredited schools offering risk management programs near Mankato. The closest is University of St Thomas in Saint Paul, MN (66.0 miles), and the farthest of the schools shown is North Iowa Area Community College (81.9 miles). 3 of the highlighted schools are flagged as offering distance education.

What are the highest-paying risk management roles near Mankato?

Based on BLS OEWS May 2025 wage data, the top-paying risk management-related roles near Mankato are: Financial Manager ($134,710), Financial Risk Specialist ($105,420), Insurance Underwriter ($80,700). These reflect MSA-level medians where published, with Minnesota statewide fallback for occupations not reported at the metro level.

Should I look at programs in Faribault instead of Mankato?

Faribault, MN is 35.7 miles from Mankato and has its own set of local risk management programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.

Is Mankato an affordable place to study risk management?

Mankato’s median household income of $64,826 (Census ACS 2023) is one input. Online programs let students stay in Mankato while attending lower-cost out-of-state schools, and Minnesota public universities often offer reduced in-state online tuition.

How do I verify a program is accredited?

Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.


Learn More About Risk Management Programs

Other Programs Available in Mankato

Compare every accredited online degree program with city-level data for Mankato:

Data verified: August 31, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024โ€“2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.