How Much Does a Business Officer Make in Minneapolis, MN?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Business Officer in Minneapolis, MN is $222,216. While Salary.com is seeing that Business Officer salary in Minneapolis, MN can go up to $265,579 or down to $173,470, but most earn between $196,701 and $244,914. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $196,701 10% $173,470 90% $265,579 75% $244,914 $222,216 50%(Median)
Related Job Titles to Business Officer
Business Intelligence Officer
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Chief Business Officer
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Business Development Officer
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Similar Job Salaries to Business Officer by Company

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Company average base salary in (usd) range
Macquarie
Business Aligned Compliance Officer
$140,715/yr
$115,346
$166,085
RANGE: $115,346 - $166,085
SouthPoint Financial Credit Union
Business Development Officer
$129,444/yr
$112,716
$146,171
RANGE: $112,716 - $146,171
PLATINUM BANK
SBA Business Development Officer
$154,470/yr
$114,433
$194,508
RANGE: $114,433 - $194,508
JPMorganChase
Business Relationship Manager I - Officer
$154,839/yr
$126,483
$183,196
RANGE: $126,483 - $183,196
JPMorgan Chase
Business Relationship Manager I - Officer
$154,839/yr
$126,483
$183,196
RANGE: $126,483 - $183,196
Hinshaw & Culbertson
Chief Marketing & Business Development Officer
$211,358/yr
$182,326
$240,391
RANGE: $182,326 - $240,391
WELLS FARGO BANK
Senior Business Execution Consultant - Auto Lending, Chief Risk Officer Group
$131,027/yr
$115,750
$146,303
RANGE: $115,750 - $146,303
U.S. Bank
Impact Finance - Renewable Energy Tax Credits (RETC) Syndications Business Development Officer
$93,897/yr
$83,486
$104,309
RANGE: $83,486 - $104,309
U.S. Bank National Association
Impact Finance - Renewable Energy Tax Credits (RETC) Syndications Business Development Officer
$93,897/yr
$83,486
$104,309
RANGE: $83,486 - $104,309
InsideHigherEd
Business Officer
$181,603/yr
$154,830
$208,376
RANGE: $154,830 - $208,376

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What Does a Business Officer Do?

Business officers are professional workers employed by either federally funded state institutions or large educational divisions of a university system.
Updated December 16, 2021
Initiatives fall under the purview of the chief business officer while other institutions include community and local government relations in the CBO's responsibilities.
Updated December 06, 2021
A bachelor’s degree in business administration, public administration or hospital administration provides the basic knowledge required for business officer jobs.
Updated November 25, 2021
As a result, the executive holding the chief business officer position, by definition, will usually possess a broader range of experience and more extensive skill set.
Updated November 20, 2021
Business officers usually report to top administrators, such as a university president or chief executive officer.
Updated November 20, 2021

Frequently Asked Questions About a Business Officer Salaries

What is the average of a Business Officer in Minneapolis, MN?

The Business Officer salary range is from $196,701 to $244,914, and the average Business Officer salary is $222,216/year in Minneapolis, MN. The Business Officer's salary will change in different locations.

Which location pays the highest Business Officer salary in the United States?

The Business Officer salary in San Jose, CA is $262,847 which is the highest in the US.

What kinds of reasons will influence the Business Officer's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Business Officer.

What is the growth rate of the Business Officer's salary?

If you are thinking of becoming a Business Officer or planning the next step in your career, find the detailed salary report of a Business Officer.