Minneapolis, Minnesota offers a unique combination of economic and career opportunities mixed with a high-quality of life. Over 60 percent of the state’s population of about 5.5 million people reside in the Minneapolis-St. Paul metro area, making it the economic center for the state of Minnesota. The average amount of education in the state is also high. Minnesota has the second highest percentage of adults in the nation that hold a high school diploma or its equivalent and ranks tenth for college attainment. Even though the metro area is fairly large, the average commute time for residents working in the city was less than 30 minutes. The area is supported by a strong, well-organized public transit system, making it an easier city to negotiate even if you don’t want to rely on a car.
As of late 2016, the city of Minneapolis has an unemployment rate well below the national average. And future job growth is also projected to outpace the rest of the country over the next 10 years. The area also offers a number of incentive programs designed to encourage new business development as well as expansions of currently represented company operations.
The city is also considered highly accessible. The Minneapolis-St. Paul International airport supports standard commercial flights as well as cargo and airfreight services. Additionally, over 150 motor freight companies route through the city, making it one of the largest trucking centers in the country. The port of Minneapolis also allows for the transportation of cargo by water, while multiple railroads offer another option for ground-based transportation.
The city of Minneapolis and the larger metro area is home to a wide range of colleges and universities. Programs are available ranging from certificate and diploma programs to doctoral degrees, and most fields and majors are represented. And with the number of career opportunities available to new graduates, many find the city a logical place to further their education.
University of Minnesota: Twin Cities
The campuses associated with the University of Minnesota: Twin Cities are located in both the city of Minneapolis and the city of St. Paul. Over 34,000 undergraduates and more than 16,000 graduate students attend classes with the institution. Some of the available bachelor’s degree majors include:
- Agricultural and Food Business Management
- Biomedical Engineering
- Computer Science
- Finance & Risk Management Insurance
- Industrial and Systems Engineering
- Manufacturing Operations Management
- Supply Chain & Operations Management
Many of the available majors provide graduates with the education necessary to work in some of the most in-demand positions within the greater Minneapolis-St. Paul metro area, making the post-college transition simpler for those who choose to stay in the area.
A mid-sized four-year private college, Augsburg is located in the city of Minneapolis. The campus is home to more than 2,500 undergraduates and just under 1,000 graduate students. Some unique facilities available include a center for atmospheric research and an ice arena complex. The college offers undergraduate degrees in 50 majors including, but not limited to:
- Business Administration & Economics
- International Business
- Life Sciences
The school also features a student to faculty ration of 12:1 and is conveniently located near the downtown area.
Minneapolis Community & Technical College
The Minneapolis Community & Technical College is a two-year institution located within the city. The school focuses on certificate, diploma, and associate degree options for their students. There are over 120 programs available including, but not limited to:
- Banking and Finance
- CNC Machining
- Communication Studies
- Medical Office Assistant
- Web and Interactive Media
Additionally, many of the programs are transferable to local four-year institutions, allowing students to further their education if they choose.
North Central University
For those who prefer a smaller campus, North Central University has approximately 1,300 undergraduate students in attendance. Though, even with its smaller population, there is a wide range of undergraduate majors from which to choose. Some of the available options include, but are not limited to:
- Accounting & Finance
- Business Administration
- Computer Information Systems
- Pastoral Studies
- Recording Artist
This is a private university that also focuses on Christian studies and provides ample opportunity for exploration of one’s faith and worship.
The greater Minneapolis-St. Paul area was recently ranked one of the most innovative metro areas in the world.
Medical & Health Science
The Minneapolis-St. Paul metro area is home to over 750 health and life science businesses. This means the area supports the highest concentration of employment opportunities focused on medical devices in the entire country. With some of the lowest operating costs associated with life science industry clusters, the potential for growth is high. Medtronic is a leading company and employer in the Minneapolis area, as well as the research divisions of St. Jude Medical Inc. and 3M Healthcare in nearby St. Paul. Some of the other businesses operating in this industry include Medivators, Cardiovascular Systems, Inc., and MGC Diagnostics.
The nearby University of Minnesota: Twin Cities campus also supports research in the areas of science and medicine, as well as engineering, agriculture, and law. Overall the university ranks eighth in regards to research spending among public universities in the U.S. Some notable developments from university research include “black box” flight recorders, Honeycrisp apples, and Ziagen. Additionally, the university is credited with medical advancements including the first open-heart surgery, first pancreas transplant, and first human bone marrow transplant.
Agriculture and Water Technology
A leader in agricultural innovation and water technology, Minneapolis supports numerous sectors within the larger industry. This includes:
- Food Production
- Food Distribution
- Water Reuse
- Water Conservation
The area exports a variety of crops including corn, feeding grains, and soybeans. The current value of the agricultural exports has reached $8 billion, making the area the third largest agricultural exporter in the nation. In fact, one of the largest employers in the Minneapolis area is Cargill, a large-scale agricultural products company. Water technology efforts have made Minneapolis companies some of the world leaders in the fields of desalination, filtration, water security, and more. Currently, the metro area ranks ninth in the nation, and growth in the industry is only expected to continue.
The financial services sector includes notable participation from companies associated with banking, insurance, investment, and securities. Over 310 commercial banks operate within the metro area. In fact, the greater Minneapolis-St. Paul has the sixth highest per capita total of Chartered Financial Analysts across the country, demonstrating the level of expertise the city can provide to area businesses. In the finance and insurance services industry, top occupations have grown by 5.9 percent between 2011 and 2016.
Advanced Manufacturing and Technology
Divided into four primary sectors, advanced manufacturing and technology is one of the most prevalent industries in the area. Research and development operations cost exist with advanced manufacturing businesses throughout the city. Clean energy, green services, and conservation efforts are also well-covered, and advanced data centers have led companies like CenturyLink, Securian, Time Warner, and Wells Fargo to locate some of their data operations into the area. Top occupations in the manufacturing sector grew by 6.6 percent between 2011 and 2016, while top occupations in information technology grew 5.8 percent during the same time period.
As of 2016, the Minneapolis-St. Paul metro area was ranked the fifth best metropolitan area for young college graduates. Much of this ranking was based on the availability of strong career opportunities in the cities. Minneapolis is home to the headquarters or a variety of well-known companies. Here are just some of the businesses that have set roots in the metro area:
- General Mills
- United Health Group
- U.S. Bancorp
And the career opportunities can be as diverse as the companies located within the city. As with most large metropolitan areas, there are options in almost any field one could choose to pursue. Here are some categories and professions that are anticipated to be in high demand within the Minneapolis-St. Paul metro area.
Banking, Investing, and Finance
With a large financial sector, positions in banking and finance are available with numerous large institutions and some smaller, regional companies as well. Some of the most in-demand professionals include the following:
- Financial Managers
- Loan Officers
- Securities, Commodities, and Financial Services Agents
Positions can range from customer-focused work as well as back-of-house, operational duties. Additionally, various levels of management jobs are also often available, ranging from basic supervisory work to large-scale, departmental management positions.
Business Management and Administration
With a large number of corporate headquarters operating in the Minneapolis area, the need for employees experienced in the areas of business management and administration is high. Demand for professionals working in the following specialties is particularly notable:
- Accountants and Auditors
- Administrative Assistants
- Human Resource Specialists
- Market Research Analysts
The need for professionals begins with entry-level positions, and opportunities for career development and growth are also common.
Computer Science and Information Technology
Demand for skilled tech professionals has increased across the country during the past few years. Minneapolis is currently experiencing a high demand for these workers, and growth in the sector is expected to continue. Some of the most sought after professionals include:
- Application and Software Developers
- Computer Systems Analysts
- Network Administrators
- Web Developers
Many of these positions can exist in technology-oriented companies as well as any business that needs internal IT support.
Another sector that requires a high number of workers in any large city is education. Positions can be available from pre-K through collegiate-level opportunities. Aside from teachers, associated management and administrative positions also need to be filled, providing opportunities to those interested in working with area school but who are not specifically interested in teaching.
Medical Care and Health Services
Most large metro areas have a high demand for medical professionals, and Minneapolis is no exceptions. Some of the most in-demand health professionals include:
- Family and General Practitioners
- Medical and Health Services Managers
- Medical Assistants
- Mental Health Counselors
- Nurse Practitioners
- Physical Therapists
- Registered Nurses
Opportunities exist across most educational levels, so students who choose to focus on the medical field are likely to find opportunities upon graduation. Some of the major employers associated with the medical and healthcare fields include United Health Group and St. Jude Medical.
Manufacturing and Production
With large manufacturing and production facilities within the larger metro area, there is a need for employees at all levels.
- Electrical Engineering Technicians
- First-Line Supervisors
- Industrial Engineers
- Maintenance and Repair Professionals
- Manufacturing Sales Representatives
- Mechanical Drafters
To support larger operations, managerial and administrative positions can also be found, providing additional opportunities for those with skills in business management, human resources, accounting, and other areas of specialty.
Trucking and Transportation
With the city of Minneapolis serving and a hub for many national and international distribution operations, the need for professional truck drivers and other transportation specialists is also high. CDL holders, freight handlers, and equipment mechanics can find opportunities in the metro area. The local international airport also supports a large number of employees ranging from customer service to commercial pilots. Additionally, management and financial professionals are also required to maintain business operations, and a variety of labor jobs are also available to support activities like luggage management.
The city of Minneapolis has a lot to offer residents, including those in the area for school. A wide array of dining, shopping, and entertainment opportunities can be found within the city, including a strong performing arts community and a variety of museums. The local Warehouse District has recently gone through a revival while the North Loop District brings together some of the charms of yesteryear with the modern commodities of today. Additionally, outdoor enthusiasts can find opportunities to explore in the Uptown District, including through the use of over 13 miles of walking and biking trails around the scenic Chain of Lakes. A number of family-friendly suburbs provide options for those who prefer to live outside of the city including Bloomington, Minnetonka, Stillwater, and Edina. With everything the Minneapolis area has to offer, it’s no wonder that so many people and businesses have decided to call the area home.