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
Truman State University
School of Business
- Violette Hall, Room 2400, Kirksville, MO - 63501
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: MBAGuideMBA Tuition & Fees
In-State Tuition: $14,400Enrollment
Full-time, All: 405Average GMAT Score
Average GMAT MBA: 588Student / Faculty Ratio
Institution: 13:1Average Starting Salary
Graduate Salary*: $58,200Award Levels
Award Levels Offered: Master and UndergraduateSocial Links
Facebook, Linkedin and TwitterGMAT Requirements
GMAT Required* (yes, no, optional, recommended): NoMBAGuide Rankings
Program Rankings:
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 |
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- 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.
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- 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 |
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- 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 |
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- 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 |
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- 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.
.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.