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At A Glance

University of Minnesota, Carlson School of Management Full Time MBA

For nearly 100 years, the Carlson School of Management at the University of Minnesota has been preparing and educating the world's current and future business leaders. Part of one of the leading public research land grant universities in the country, the school fosters a forward thinking and ever-evolving research and learning environment. With experiential learning at its core and a highly ranked research productive faculty, students are provided opportunities to take their education beyond the classroom by partnering with a vibrant and diverse businesses community that includes 19 Fortune 500 companies.

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University of Minnesota, Carlson School of Management Full Time MBA's Full Profile

Program at a Glance

Program Type Full Time
In-State Tuition (Total) $76,575
Out-of-State Tuition (Total) $98,115
Average Starting Salary $101,880

Program Information

University of Minnesota Curtis L. Carlson School of Management Says

For nearly 100 years, the Carlson School of Management at the University of Minnesota has been preparing and educating the world's current and future business leaders. Part of one of the leading public research land grant universities in the country, the school fosters a forward thinking and ever-evolving research and learning environment. With experiential learning at its core and a highly ranked research productive faculty, students are provided opportunities to take their education beyond the classroom by partnering with a vibrant and diverse businesses community that includes 19 Fortune 500 companies.

Specializations Offered: Accounting, Entrepreneurship, Finance, General Management, Health Care Administration and Management, Human Resources, Information Systems / Information Technology, International Business, Leadership Management, Management Information Systems, Marketing, Supply Chain Management
Degrees Awarded: MBA, Full Time.

Rankings

Rankings

Program Rankings

Bloomberg

#35 Businessweek Full Time MBA Programs

School Rankings

The Princeton Review

N/A Best Business Schools (Midwest)

Admissions

Admissions

Application Information

  • Acceptance Rate: 41% accepted out of 538 applicants
  • Average Age Admitted: 28
  • Average Incoming GPA: 3.3
  • Average Incoming GMAT: 691
  • Average Years Work Experience: 4
  • Out of State Application Fee: $60
  • In State Application Fee: $60

Admission Considerations

Very Important: Undergraduate GPA, Personal Essay, Standardized Test Scores

Also Considered: Recommendations

Admission Requirements

Required: Undergraduate GPA, Personal Essay, Standardized Test Scores, Work Experience, Extracurricular Activities

Optional: Recommendations

Admission Information

The University of Minnesota admissions office considers applicants' undergraduate records, GMAT scores, TOEFL or IELTS scores (international students), letters of recommendation from employers and/or professors, a personal statement, and a resume. An interview is "required," and "a minimum of two years' work experience is strongly recommended." ...The University of Minnesota admissions office considers applicants' undergraduate records, GMAT scores, TOEFL or IELTS scores (international students), letters of recommendation from employers and/or professors, a personal statement, and a resume. An interview is "required," and "a minimum of two years' work experience is strongly recommended." The school reports that "Minnesota Boulevard is a group of locally based companies working jointly with the Carlson School to bring minority MBA candidates to Twin Cities for jobs, mentoring, and the MBA. The school maintains close ties with the National Black MBA Association (NBMBAA) and NSHMBA, who help and call students for recruiting, scholarships, and retention."

The Princeton Review

Important Dates

Round 1
November

1

Deadline
September

2

Start
Round 2
December

1

Deadline
September

2

Start
Round 3
February

1

Deadline
September

2

Start
Round 4
April

1

Deadline
September

2

Start

Program Outcomes

Program Outcomes

Top Employers Of Graduates From This Program Include: General Mills Inc., 3M Company, Medtronic Inc., Best Buy, Target Corporation

Industry Percent Employed Median Starting Salary
Consulting 21% $122,083
Consumer Products 18% $100,333
Technology 15% $92,500
Financial Services 12% $85,000
Manufacturing 10% $100,474
Other 7% $105,167
Media / Entertainment 6% $99,250

School Information

School Information

The following section features data representative of the entire business school, and numbers here are not necessarily reflective of the specific program.

Students and Faculty

Total Graduate Students 1,631
Percent International Students 24%
Total Full-Time Faculty 135
Full-Time Faculty 77%

Student Life

For a small graduate school, Carlson has plenty to offer its students outside of the class­room. “It is easy to get involved in both the leadership and social activities of the school. There is a Leadership Advisory Board (LAB) of students who work closely with our administrative offices to make improvements based on results of student surveys. The board is open to anyone who applies and can make the time commitment.” Other stu­dents agree. “The most difficult part of school is deciding what activities to be a part of.” In addition to “a lot of formally organized student activities…informal connections and get-togethers also drive a lot of social life.” “There are a variety of MBA happy hours, tailgating events, galas, etc. which are really great because they promote relationship building across students without requiring the involvement in a specific club or group. It's a great way to meet people with different interests and experiences.” University of Minnesota graduate students “are from diverse social, cultural, and profes­sional backgrounds.” They “are all goal-oriented and busy people, juggling families, work, school, and a social life.” Those that can afford the luxury of socializing outside of class can be found “grabbing beers with classmates or playing ping-pong in the master's lounge.” “There is also a professional student network that partners with the LAB to put on fun social events for students and their spouses. The alumni network also holds social events for students, alumni, and their spouses.”

Career

Finding a new job or a new career is not as daunting as it might seem thanks to a well-run and well-connected career placement center. “If you need a job in the Twin Cities area, there is an alumni network that will help out anybody with a Carlson MBA.” The graduate school has a “great relationship with Fortune 500 companies. Additionally, the Medical Industry Leadership Institute provides students [with] a very advantageous preparation for the careers in the Medical Device industry and other healthcare careers.” U of M also has a “strong connection with excellent local companies (Target, 3M, General Mills, Medtronic, [Best] Buy, Carlson Companies, Delta, etc.).” The administration also provides “a number of resources and companies to help advance our careers,” such as “interviewing skills, resume writing, as well as free courses on excel and outlook.” “The biggest asset of the program though is how connected the faculty is with the business community.”One student was pleased to report a very positive experience with the program and career center when after only a couple of months, “I secured an internship through on-campus recruiting in a field completely new to me, at an expected (full-time) salary which is about 3 times what I earned before B-School.” Some international students were not as quick to praise career services, saying, “Career opportunities for international stu­dents are very limited.”

The Princeton Review

Students Say

MBA students at University of Minnesota’s Carlson School of Management experience a “very positive, modern, and up-to-date learning environment.” The school has a “great reputation” and is comfortably located in “close proximity to many Fortune 500 compa­nies.” U of M is “well known for experiential learning” through its four Enterprise pro­grams. Student-managed teams in Brand, Funds, Consulting, and Ventures give students “the chance to work on consulting project[s] ranging from strategy to brand management for Fortune 500 companies.” This unique opportunity for business students “is also great in providing what is effectively an in-class internship,” and “helps students to gain real world experience and be able to hit the ground running right after their graduations.”Opinions on some professors vary, but “the vast majority” are considered “excellent.” Students at the executive MBA level experience a nice relationship with their faculty say­ing professors “are more like trusted mentors.” The camaraderie “leads to a stronger learning environment and experience.” “The staff have been very helpful, and always put students first,” a student explains. “They create an environment where I feel like I can talk to them whenever I need help.” One student noted that the faculty is very responsive. They are “very open to comments and suggestions from students.” The administration is “highly communicative and forward thinking with respect to integrat­ing technology and new trends in business.”Students at Carlson’s School of Management enjoy a “wide range of class options,” as well as “great international learning opportunities.” The school’s full-time and part-time programs provide convenience and flexibility in a close-knit learning environment. The school community includes “a very diverse background of students, vice presidents, marketers, sales management, doctors, accountants and CFO's along with engineers.” Students are deemed “competitive” yet “fun.” Although Carlson has a strong reputation in Minnesota and the surrounding area, some would like to “improve national aware­ness,” and see the school “climb in the school rankings,” because the “top quality educa­tion here… is not reflected in the numbers.”

The Princeton Review

Student Services

  • Campus Wide Network
  • Centers Of Research:

    Student-run businesses/experiential learning opportunities include Carlson Funds Enterprise, Carlson Consulting Enterprise, Carlson Ventures Enterprise, and Carlson Brand Enterprise. Resources include Financial Markets Lab (Investments) Juran Center (Quality Management); Center for Industrial Relations; Strategic Management Research Center; Center for Entrepreneurial Studies; MIS Research Center; Medical Industry Leadership Initiative.

  • International Student Support Groups:

    At the Carlson School, we approach business education from a global perspective. International study isn't just an expectation of our students -- it's part of our culture. http://www.carlsonschool.umn.edu/ip/

  • Lesbian Bisexual Transgender Support Groups:

    http://www.carlsonschool.umn.edu/multicultural/

  • Minority Support Groups:

    http://www.carlsonschool.umn.edu/multicultural/

  • Research Facilities:

    Student-run businesses/experiential learning opportunities include Carlson Funds Enterprise, Carlson Consulting Enterprise, Carlson Ventures Enterprise, and Carlson Brand Enterprise. Resources include Financial Markets Lab (Investments) Juran Center (Quality Management); Center for Industrial Relations; Strategic Management Research Center; Center for Entrepreneurial Studies; MIS Research Center; Medical Industry Leadership Initiative.

  • Study Abroad:

    Belgium: Université Catholique de Louvain-la-Neuve; Brazil: Escola de Administração de Empresas de São Paulo - Fundação Getulio Vargas (FGV); Denmark: Copenhagen Business School; England: Manchester Business School; France: Hautes Études Commerciales – HEC School of Management; Germany: University of Cologne; Hong Kong: Hong Kong University of Science and Technology; Italy: Universitá Commerciale Luigi Bocconi; Norway: Norwegian School of Management – BI; Spain: Escuela Superior de Administración y Dirección de Empresas (ESADE); Switzerland: Universität St. Gallen; Costa Rica: Instituto Centroamericano de Administración de Empresas (INCAE); Japan: Keio University Graduate School of Business; New Zealand: University of Otago; Sweden: Stockholm School of Economics.

  • Women Support Groups:

    http://www.carlsonschool.umn.edu/multicultural/

Famous Alumni

Well known alumni of University of Minnesota Curtis L. Carlson School of Management include:

Catherine Mathis - Senior Vice President Marketing and Communications, Standard & Poor's

Thia Breen - Global President of Estee Lauder Brand, Estee Lauder Companies Inc.

John H. Hammergren - Chairman and CEO, McKesson Corp.

John G. Stumpf - Chairman, President and CEO, Wells Fargo & Company

Thomas O. Staggs - Chairman, Walt Disney Parks & Resorts, The Walt Disney Company

School Outcomes

Average Debt At Graduation: $60,473

Top Employers Of Graduates From This School Include: General Mills Inc., 3M Company, Medtronic Inc., Best Buy, Target Corporation

Industry Percent Employed Median Starting Salary
Marketing / Sales 44% $95,352
Business 41% $95,480
Other 32% $95,480
Technical 27% $93,909
Finance / Accounting 23% $95,273
Consulting 18% $102,500
Other 18% $92,500
Financial Services 15% $90,125
Other 10% $97,708
Consulting 10% $108,000
Manufacturing 8% $97,082

School Employment Information

Graduation Employment 63%
Three Month Employment 88%
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