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Truman State University

Posted onMay 7, 2021March 6, 2025 Updated onMarch 9, 2025 Reading Time: 5 minutes

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Truman State University School of Business
Master's Programs in Business
Tuition, ROI, Graduate Salary, GMAT Requirements

 

$14,400

Average Tuition

$58,200

Average Starting Salary*

588

Average GMAT Scores

405

Average Student Enrollment


School of Business at Truman State University MBA Program in Kirksville, MO

Truman State University

School of Business

  • Violette Hall, Room 2400, Kirksville, MO - 63501
  • Truman State University

  • Business School

    Institution Control: Public
  • AACSB Accreditation: Business and Accounting
  • Academic Year: Semester
  • Full-Time Faculty:
  • Business Programs

    Business Degrees & Concentrations: Accounting, Energy, General Business and Insurance

  • Offered As: Campus and Full-Time

  • Undergraduate School of Business

    Undergrad Degrees Conferred: 177
  • In-State Tuition: $8,120

  • MBA Program Ranking(s)

    Ranked by: MBAGuide

  • MBA Tuition & Fees

    In-State Tuition: $14,400

  • Enrollment

    Full-time, All: 405

  • Average GMAT Score

    Average GMAT MBA: 588

  • Student / Faculty Ratio

    Institution: 13:1

  • Average Starting Salary

    Graduate Salary*: $58,200

  • Award Levels

    Award Levels Offered: Master and Undergraduate

  • Social Links

    Facebook, Linkedin and Twitter

  • GMAT Requirements

    GMAT Required* (yes, no, optional, recommended): No

  • MBAGuide Rankings

    Program Rankings:
    • Best MBA or Masters Program in Missouri
    • Masters All or Campus Business Analytics

Compare Truman State University's Tuition, Salary, ROI, Student / Faculty Ratio, Enrollment (Alumni) and GMAT Requirements

Compare how the MBA program at Truman State University measures up against Missouri, 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 Truman State University Online Missouri
Tuition $14,400 $37,225 $33,013
Salary $58,200 $79,354 $72,726
ROI 304% 196% 201%
S/F Ratio 13:1 17:1 16:1
 Enrollment 405 2,654 1,850
GMAT GMAT Required: Yes

Average GMAT Score: 588

561 564

Compare Average MBA Tuition

In Missouri the most affordable MBA program is $12,893 and the most expensive is $134,020. The average tuition cost in the state is $33,013. Currently, the average in-state MBA tuition for Truman State University is $14,400.

Comparison Group MBA Tuition Averages
Truman State University $14,400
Missouri Average $33,013
Online Average $37,225
National Average $42,573

    • Truman State University average in-state tuition is $14,400
    • The average Missouri in-state MBA tuition is $33,013
    • 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 Missouri is $12,893 while the most expensive online program is $134,020. The average online tuition for Missouri programs is $33,707. Research the most affordable AACSB online MBA programs across the nation.

  • Truman State University's average in-state tuition is $14,400
  • Missouri average in-state tuition is $33,707
  • 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 Missouri is $117,687 and the lowest is $51,750. The average graduate MBA salary in the state is $72,726. Currently, the average MBA graduate salary for Truman State University is estimated to be $58,200.

Comparison Group Graduate MBA Salary Averages
Truman State University $58,200
Missouri Average $72,726
Online Average $79,354
National Average $82,899

    • National average for MBA graduate salary is $82,899
    • Online average for graduate MBA salary is $79,354

For online MBA programs in Missouri, the highest average graduate salary1 is $117,687 and the lowest is $51,750. The average graduate MBA salary in the state is $71,953. Currently, the average MBA graduate salary for Truman State University is estimated to be $58,200.

    • Missouri average for online MBA starting salary is $71,953
    • 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 Missouri is 340% and the lowest is -12%. The average graduate MBA ROI in the state is 201%. Currently, the average MBA graduate ROI for Truman State University is estimated to be 304%.

Comparison Group Graduate MBA ROI Averages
Truman State University 304%
Missouri Average 201%
Online Average 196%
National Average 186%

    • National average for MBA graduate ROI is 186%
    • Online average for graduate MBA ROI is 196%

For online MBA programs in Missouri, the highest average graduate ROI1 is 340% and the lowest is -12%. The average graduate MBA ROI in the state is 206%. Currently, the average MBA graduate ROI for Truman State University is estimated to be 304%.

    • Missouri average for online MBA starting ROI is 206%
    • 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 Missouri ranges between a low of 11:1 to a high of 30:1 with an average Student Faculty Ratio of 16:1. Currently, Truman State University has an average student-to-faculty ratio for its MBA program of 13:1.

Comparison Group Average Student to Faculty Ratios
Truman State University 13:1
Missouri Average 16:1
Online Average 17:1
National Average 16:1

    • Truman State University Average Student Faculty Ratio: 13:1
    • Missouri 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 Missouri, the average business school enrollment ranges between a low of 174 to a high of 5,300 with an average of 1,850. Currently, Truman State University average school enrollment is 405.

Comparison Group Average Business School Enrollment / Alumni
Truman State University 405
Missouri Average 1,850
Online Average 2,654
National Average 2,533

 

    • Truman State University Average School Enrollment: 405
    • Missouri's Average School Enrollment: 1,850
    • 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 Missouri ranges between a low of 473 to a high of 670 with an average of 564. At the present time, Truman State University average GMAT score for its MBA program is 588.

Comparison Group Average GMAT Scores
Truman State University 588
Missouri Average 564
Online Average 561
National Average 567

    • Truman State University Average GMAT: 588
    • Missouri's Average GMAT Scores: 564
    • 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.

    • 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

Missouri Schools Offering Online MBA Degrees

  • University of Missouri
  • Rockhurst University
  • University of Missouri-St. Louis
  • Missouri Western State University
  • Missouri State University
  • Drury University
  • University of Central Missouri
  • Southeast Missouri State University
  • Missouri University of Science and Technology
  • Washington University in St. Louis

Missouri Schools Offering both Campus and Online MBA Degrees

Find the best ranked MBA programs in Missouri and also find the best best online MBA programs accepting Missouri students.

  • University of Missouri
  • University of Missouri-Kansas City
  • Rockhurst University
  • University of Missouri-St. Louis
  • Missouri Western State University
  • Missouri State University
  • Drury University
  • University of Central Missouri
  • Southeast Missouri State University
  • Missouri University of Science and Technology
  • Saint Louis University
  • Washington University in St. Louis

Cities in Missouri 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.

  • Cape Girardeau
  • Columbia
  • Kansas City
  • Kirksville
  • Rolla
  • Springfield
  • St. Joseph
  • St. Louis
  • Warrensburg
.

Truman State University School of Business Summary

In-state tuition and fees for the MBA program at School of Business is $14,400. Of all MBA programs offered in Missouri, the average cost for in-state tuition and fees is $33,013 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 School of Business is 588 while the average GMAT score to for MBA schools in Missouri is 563.75, 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 $58,200.

Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 304%

The average in-state tuition you can expect to pay is about $14,400, and the average GMAT score for acceptance in their program is 588.

After graduating, the school reports that the average graduate salary is $58,200. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 304%

Programs are offered as: Campus and Full-Time.

The school is ranked by: Truman State University's MBA program is accredited by the AACSB and is ranked by the following publications: MBAGuide

Averages Truman State University Online Missouri
Tuition $14,400 $37,225 $33,013
Salary $58,200 $79,354 $72,726
ROI 304% 196% 201%
S/F Ratio 13:1 17:1 16:1
 Enrollment 405 2,654 1,850
GMAT GMAT Required: Yes

Average GMAT Score: 588

561 564

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.

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  • Rankings
    • Best Online

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Best Campus

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Types of MBAs

      • 1-Year
      • E-MBA
      • Part-Time
      • Evenings & Weekends
      • Dual
      • Grad Certificate
      • Undergrad Certificate
      • Entrepreneurship Development Programs
      • Emerging Leadership Programs

  • States
    • West

      • Alaska
      • Arizona
      • California
      • Colorado
      • Hawaii
      • Idaho
      • Montana
      • Nevada
      • New Mexico
      • Oregon
      • Utah
      • Washington
      • Wyoming

      Midwest

      • Illinois
      • Indiana
      • Iowa
      • Kansas
      • Michigan
      • Minnesota
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      • North Dakota
      • Ohio
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      • Wisconsin

      Northeast

      • Connecticut
      • Maine
      • Massachusetts
      • New Hampshire
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      • New York
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      South

      • Alabama
      • Arkansas
      • Delaware
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      • Georgia
      • Kentucky
      • Louisiana
      • Maryland
      • Mississippi
      • North Carolina
      • Oklahoma
      • South Carolina
      • Tennessee
      • Texas
      • Virginia
      • West Virginia

      MBA Program Rankings and Reports for All 50 States

  • Concentrations
    • Most AACSB Programs Offered

      • Finance – 430
      • Accounting – 444
      • Marketing – 405
      • Management – 433
      • Business Administration – 453
      • Information Systems – 274
      • Intl Business – 210
      • Entrepreneurship – 218
      • Economics – 220
      • Supply Chain – 200
      • Data Analytics – 309
      • Healthcare Admin – 144
      • Leadership – 92
      • Statistics – 16

      Best Graduate Salary

      • Business Analytics – $104,000
      • Consulting – $115,277
      • Energy – $92,959
      • E-Commerce – $94,850
      • Law – $90,536
      • Leadership – $88,232
      • Operations Mgmt – $92,419
      • Insurance – $80,528
      • Org. Behavior – $107,961
      • Real Estate – $97,485
      • Sports Mgmt – $78,406
      • Statistics – $103,112
      • Healthcare Mgmt – $85,206
      • Taxation –  $121,750

      Explore All 50 MBA Concentrations

  • Resources
    • Blog
    • Scholarships
    • What is an MBA