Iowa State University College of Business
Master's and MBA Programs in Business
Tuition, ROI, Graduate Salary, GMAT Requirements
$29,966
Average Tuition
$75,552
Average Starting Salary*
609
Average GMAT Scores
4,816
Average Student Enrollment
Iowa State University
College of Business
- 2167 Union Drive, Ames, IA - 50011
Business School
Institution Control: Public- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
- Full-Time Faculty: 119
Business Programs
Business Degrees & Concentrations: Accounting, Actuarial Science, Corporate Finance, Data Analytics, Economics, Entrepreneurship, Finance, General Business, Healthcare Administration, Human Resources, Information Systems, Management, Marketing, Other, Real Estate and Supply Chain- Offered As: Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time, Partnership and Weekends
Undergraduate School of Business
Undergrad Degrees Conferred: 898- In-State Tuition: $12,070
MBA Program Ranking(s)
Ranked by: PQ, US News and MBAGuideMBA Tuition & Fees
In-State Tuition: $29,966Enrollment
Full-time, All: 4,816Average GMAT Score
Average GMAT MBA: 609Student / Faculty Ratio
Institution: 19:1Average Starting Salary
Graduate Salary*: $75,552Award Levels
Award Levels Offered: Doctoral, E-MBA, Master, MBA and UndergraduateSocial Links
Facebook, Linkedin and TwitterGMAT Requirements
GMAT Required* (yes, no, optional, recommended): YesMBAGuide Rankings
Program Rankings:
Compare Iowa State University's Tuition, Salary, ROI, Student / Faculty Ratio, Enrollment (Alumni) and GMAT Requirements
Compare how the MBA program at Iowa State University measures up against Iowa, national, and online averages across key metrics of Tuition, Graduate Salary, Graduate ROI, Student / Faculty Ratios, Enrollment (Alumni) and GMAT Requirements to help you evaluate your educational investment.
| Averages | Iowa State University | Online | Iowa |
|---|---|---|---|
| Tuition | $29,966 | $37,225 | $25,796 |
| Salary | $75,552 | $79,354 | $83,468 |
| ROI | 152% | 196% | 229% |
| S/F Ratio | 18:1 | 17:1 | 16:1 |
| Enrollment | 4816 | 2,654 | 2,649 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 609 |
561 | 565 |
Compare Average MBA Tuition
In Iowa the most affordable MBA program is $23,453 and the most expensive is $29,966. The average tuition cost in the state is $25,796. Currently, the average in-state MBA tuition for Iowa State University is $29,966.
| Comparison Group | MBA Tuition Averages |
|---|---|
| Iowa State University | $29,966 |
| Iowa Average | $25,796 |
| Online Average | $37,225 |
| National Average | $42,573 |
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- Iowa State University average in-state tuition is $29,966
- The average Iowa in-state MBA tuition is $25,796
- The average online MBA tuition in the United States is $37,225
- The national average in-state tuition in the United States is $42,573
The most affordable Online MBA program in Iowa is $25,848 while the most expensive online program is $29,966. The average online tuition for Iowa programs is $27,907. Research the most affordable AACSB online MBA programs across the nation.
- Iowa State University's average in-state tuition is $29,966
- Iowa average in-state tuition is $27,907
- National for average in-state tuition in the United States is $37,225
- Online average for in-state tuition is $37,225
- Find the most affordable online MBA schools.
Compare Average Graduate MBA Salaries
The highest average graduate salary1 for an MBA program in Iowa is $112,820 and the lowest is $66,000. The average graduate MBA salary in the state is $83,468. Currently, the average MBA graduate salary for Iowa State University is estimated to be $75,552.
| Comparison Group | Graduate MBA Salary Averages |
|---|---|
| Iowa State University | $75,552 |
| Iowa Average | $83,468 |
| Online Average | $79,354 |
| National Average | $82,899 |
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- National average for MBA graduate salary is $82,899
- Online average for graduate MBA salary is $79,354
For online MBA programs in Iowa, the highest average graduate salary1 is $79,500 and the lowest is $75,552. The average graduate MBA salary in the state is $77,526. Currently, the average MBA graduate salary for Iowa State University is estimated to be $75,552.
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- Iowa average for online MBA starting salary is $77,526
- National average for online MBA starting salary is $79,354
Find the online MBA programs with highest and lowest average online MBA starting salaries.
Compare Average ROI for Graduate MBA Students
The highest average graduate ROI1 for MBA students in Iowa is 381% and the lowest is 152%. The average graduate MBA ROI in the state is 229%. Currently, the average MBA graduate ROI for Iowa State University is estimated to be 152%.
| Comparison Group | Graduate MBA ROI Averages |
|---|---|
| Iowa State University | 152% |
| Iowa Average | 229% |
| Online Average | 196% |
| National Average | 186% |
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- National average for MBA graduate ROI is 186%
- Online average for graduate MBA ROI is 196%
For online MBA programs in Iowa, the highest average graduate ROI1 is 208% and the lowest is 152%. The average graduate MBA ROI in the state is 180%. Currently, the average MBA graduate ROI for Iowa State University is estimated to be 152%.
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- Iowa average for online MBA starting ROI is 180%
- National average for online MBA starting ROI is 196%
Find the schools with the highest and lowest ROI for graduating MBA students.
Compare Business School Student / Faculty Ratios
The average student to faulty ratio for business schools in Iowa ranges between a low of 11:1 to a high of 18:1 with an average Student Faculty Ratio of 16:1. Currently, Iowa State University has an average student-to-faculty ratio for its MBA program of 18:1.
| Comparison Group | Average Student to Faculty Ratios |
|---|---|
| Iowa State University | 18:1 |
| Iowa Average | 16:1 |
| Online Average | 17:1 |
| National Average | 16:1 |
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- Iowa State University Average Student Faculty Ratio: 18:1
- Iowa Student Faculty Ratio: 16:1
- Average U.S. Student Faculty Ratio: 16:1
- Average Online Student Faculty Ratio: 17:1
For online MBA programs, the student-to-faculty ratios range between a low of 2:1 to a high of 63:1 with an average of 17:1.
Research the best and worst student-to-faculty ratios.
Compare Average Business School Enrollment (Alumni)
In Iowa, the average business school enrollment ranges between a low of 612 to a high of 5,226 with an average of 2,649. Currently, Iowa State University average school enrollment is 4816.
| Comparison Group | Average Business School Enrollment / Alumni |
|---|---|
| Iowa State University | 4816 |
| Iowa Average | 2,649 |
| Online Average | 2,654 |
| National Average | 2,533 |
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- Iowa State University Average School Enrollment: 4816
- Iowa's Average School Enrollment: 2,649
- National Average for School Enrollment: 2,533
- Online Average for School Enrollment: 2,654
For online business schools, enrollments range from a low of 152 to a high of 21,000 with an average of 2,654.
Research, find and compare online business schools enrollments.
Compare Average GMAT Scores
The average GMAT score for an MBA program in Iowa ranges between a low of 490 to a high of 650 with an average of 565. At the present time, Iowa State University average GMAT score for its MBA program is 609.
| Comparison Group | Average GMAT Scores |
|---|---|
| Iowa State University | 609 |
| Iowa Average | 565 |
| Online Average | 561 |
| National Average | 567 |
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- Iowa State University Average GMAT: 609
- Iowa's Average GMAT Scores: 565
- National Average for GMAT Scores: 567
- Online Average for GMAT Scores: 561
For online MBA programs GMAT scores range from a low of 265 to a high of 732 with an average of 561.
Many MBA programs no longer require the GMAT, making these exams optional or conditional based on specific criteria. While some business schools have eliminated standardized testing requirements entirely, others still consider test scores as a component of the application process. Even at test-optional institutions, admissions committees may require the GMAT for applicants with lower GPAs or limited quantitative coursework. Ultimately, strong test scores can strengthen an application, but many programs now evaluate candidates holistically based on work experience, academic background, and leadership potential.
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- Find MBA programs that do not require a GMAT or make the exam optional or conditional
- Find Online MBA programs with the highest and lowest GMAT requirements
Iowa Schools Offering Online MBA Degrees
Iowa Schools Offering both Campus and Online MBA Degrees
Find the best ranked MBA programs in Iowa and also find the best best online MBA programs accepting Iowa students.
- St. Ambrose University
- The University of Iowa
- Drake University
- Iowa State University
- University of Northern Iowa
Cities in Iowa Where You Can Find MBA Programs
Using the following links, compare average tuition costs, starting graduate salaries, program ROIs, averaged required GMAT scores, strong alumni networks and more.
.Iowa State University College of Business Summary
In-state tuition and fees for the MBA program at College of Business is $29,966. Of all MBA programs offered in Iowa, the average cost for in-state tuition and fees is $25,796 a year. The average cost for in-state tuition and fees for an online MBA program is $37,225 a year.
The average GMAT score to enter into College of Business is 609 while the average GMAT score to for MBA schools in Iowa is 564.75, and the average GMAT score to enter into an online GMAT program is 560.93.
After graduating, the school reports that the average graduate salary is $75,552.
Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 152%
The average in-state tuition you can expect to pay is about $29,966, and the average GMAT score for acceptance in their program is 609.
After graduating, the school reports that the average graduate salary is $75,552. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 152%
Programs are offered as: Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time, Partnership and Weekends.
The school is ranked by: Iowa State University's MBA program is accredited by the AACSB and is ranked by the following publications: PQ, US News and MBAGuide
| Averages | Iowa State University | Online | Iowa |
|---|---|---|---|
| Tuition | $29,966 | $37,225 | $25,796 |
| Salary | $75,552 | $79,354 | $83,468 |
| ROI | 152% | 196% | 229% |
| S/F Ratio | 18:1 | 17:1 | 16:1 |
| Enrollment | 4816 | 2,654 | 2,649 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 609 |
561 | 565 |
1*If a school does not provide average graduate salary information or graduate ROI data on their web site, MBAGuide estimates these figures using a variety of state and regional sources including the CollegeNavigator, the U.S. Bureau of Labor Statistics and state or regional equivalents. If you find mistakes in our database, please contact us.
Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.