Finlandia University vs. MSB-Lakeville

Should I go to Finlandia University or Minnesota School of Business Lakeville? Compare 50+ facts and figures about the colleges to help you determine if Finlandia University or MSB-Lakeville 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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Finlandia University vs. Minnesota School of Business Lakeville comparison
Finlandia University Minnesota School of Business Lakeville College 3 College 4
Finlandia University
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Overview

Finlandia University MSB-Lakeville
Location Hancock, MI Lakeville, MN
Setting Remote Town Large Suburban
Enrollment 450 140
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation Evangelical Lutheran Church - - -
Status Non-profit For-profit
Website finlandia.edu msbcollege.edu
Team Colors                    

Costs

Finlandia University MSB-Lakeville
Tuition (In State) $25,346 $14,040
Tuition (Out of State) $25,346 $14,040
Room & Board $9,978 $5,472
Avg Net Price $20,539 $18,889
Avg Grant Aid $15,722 $5,472
% Receiving Grant Aid 100% 94%

Admission

Finlandia University MSB-Lakeville
Admission Chances Calculate Calculate
Applied 1,385 -
Admitted 922 -
Acceptance Rate 66.6% Open
Enrolled % 12.7% Open
Avg High School GPA 2.89 -
Typical High School Grades B- -
Admissions Standards Unavailable Unavailable
Applicant Competition Low
ACT Range
SAT Range
Submit Test Scores Not considered for admission, even if submitted (Test Blind) Not applicable
Application Deadline Aug 1, 2025

Academics

Finlandia University MSB-Lakeville
Student to Faculty Ratio 12:1 0:1
Popular Majors
  • Health Professions (42%)
  • Visual and Performing Arts (18%)
  • Liberal Arts and Humanities (12%)
  • Business (9%)
  • Education (8%)
  • Business (59%)
  • Legal Professions (17%)
  • Health Professions (14%)
  • Computer and Information Sciences (7%)
  • Homeland Security, Law Enforcement, Firefighting (3%)

Outcomes

Finlandia University MSB-Lakeville
Graduation Rate 35% -
Median Earnings (After 10 years) $37,100 $35,300
Making Student Loan Payments 56% 42%
Median Student Loan Debt $27,000 $26,325
Median Loan Payment $279 $272

Diversity

Finlandia University MSB-Lakeville
% Men 52% 0%
% Women 48% 0%
Racial Diversity Medium Low
HBCU No No
% White 65% 78%
% Black 10% 4%
% Hispanic 4% 3%
% Native American 1% 4%
% Pacific Islander 0% 1%
% Two or More Races 3% 0%
% International 1% 0%
% Unknown Race 15% 9%

Students

Finlandia University MSB-Lakeville
% In-State 32% -
% Out-of-State 34% -

Campus

Finlandia University MSB-Lakeville
Campus Housing Yes No
Freshman Dorm Required No No
Meal Plan Yes No
Weekend/Evening Classes No Yes
Daycare Facility No No
Learn More Details Details

Comparable Facts

  • Finlandia University is larger than than MSB-Lakeville based on total student enrollment (450 students vs. 140 students)

Finlandia University vs. MSB-Lakeville Cost Comparison

Which college is more expensive, Finlandia University or MSB-Lakeville?

  • Finlandia University is 80.5% more expensive to attend than MSB-Lakeville for in-state tuition ($25,346.00 vs. $14,040.00)
  • Out of state tuition is 80.5% higher at Finlandia University than Minnesota School of Business Lakeville ($25,346.00 vs. $14,040.00)
  • The typical actual cost that students pay to attend (average net price) is less at Minnesota School of Business Lakeville than Finlandia University ($18,889 vs. $20,539)
  • Living costs (room and board or off-campus housing budget) at Minnesota School of Business Lakeville are 82.3% lower than costs at Finlandia University ($5,472 vs. $9,978)
  • More students receive financial grant aid at Finlandia University than Minnesota School of Business Lakeville (100% vs. 94%)
  • The average total grant financial aid received by Finlandia University students is 187.3% larger than aid received Minnesota School of Business Lakeville ($15,722 vs. $5,472)

Which college is harder to get into, Finlandia University or MSB-Lakeville? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between MSB-Lakeville or Finlandia University .

Finlandia University vs. MSB-Lakeville Graduation Outcomes Comparison

Which is better, Finlandia University or MSB-Lakeville? 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 MSB-Lakeville and Finlandia University.

  • Graduates from Finlandia University earn on average $1,800 more per year than MSB-Lakeville graduates after ten years. ($37,100 vs. $35,300)
  • Minnesota School of Business Lakeville students graduate with a $675 lower median federal student loan debt than Finlandia University graduates. ($26,325 vs. $27,000)
  • MSB-Lakeville graduates are paying $7 less per month on federal student loans than Finlandia University graduates. ($272 vs. $279)
  • More Finlandia University graduates are actively paying back their federal student loan debt than former MSB-Lakeville students, three years after graduation. (56% vs. 42%)

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