University of Minnesota - Carlson School of Management

What University of Minnesota - Carlson School of Management does

The Carlson School of Management is the business school of the University of Minnesota, a public state university system housed on the Twin Cities campus in Minneapolis, Minnesota. Founded in 1919 as the School of Business Administration and renamed in 1986 following a major gift from John and Charleen Carlson, the school serves undergraduate, graduate, doctoral, and executive education learners through AACSB-accredited programs anchored by the Bachelor of Science in Business (3,000+ students; 11 majors, 14 minors), six MBA formats (Full-Time, Part-Time, Online, Executive, STEM-designated Management Science, and Deferred Entry), eight specialized Master's degrees (Accountancy, Applied Business Analytics, Business Analytics, Business Taxation, Finance, Human Resources & Industrial Relations, Marketing, and Supply Chain Management), a PhD in Business Administration across seven concentrations (83 students), 16+ for-credit graduate certificates, executive education, and cross-college dual degrees pairing the MBA with JD, MD, PharmD, MHA, MPP, MS Applied Economics, MS Business Analytics, and Master of HRIR. Global delivery is operated through a partnership with Vienna University of Economics and Business (Vienna Executive MBA) and Shanghai-based medical industry partners (Medical Industry MBA-China).

The school's core technology infrastructure comprises learning management systems plus online and HyFlex delivery platforms that fully support the Online MBA, Master of Applied Business Analytics, Master of Business Taxation, and multiple graduate certificates. Pedagogical differentiation rests on a 100% international experience requirement for undergraduates, four Enterprise Programs (Brand Enterprise, Consulting Enterprise, Funds Enterprise, Ventures Enterprise) that place students on real client projects, and an AI-curriculum emphasis spanning generative AI, predictive analytics, and big data across the MS Business Analytics, Master of Applied Business Analytics, and the AI for Business certificate. The faculty comprises 140+ full-time members, supported by 40+ career coaches and a Business Career Center.

Revenue is generated primarily through tuition on a subscription basis — annual billing for full-time undergraduate and MBA programs with residency-based pricing (e.g., Full-Time MBA: $47,640 resident / $62,280 non-resident for 2025-2026; undergraduate: $18,626 resident / $41,512 non-resident) and per-credit billing for the Part-Time MBA at $1,797/credit across 52 credits. Sub-streams include executive education contracts, graduate certificates priced per course with a 15% military discount and stackable credits, and alumni philanthropy through the Institutional Advancement office (Dean's Excellence Fund, scholarships, faculty support, Wellbeing and Belonging). The school operates as a non-profit unit of the University of Minnesota system under the Board of Regents, with no venture or private-equity ownership.

Name

University of Minnesota - Carlson School of Management

Legal name

Regents of the University of Minnesota

Website

https://carlsonschool.umn.edu

Company type

Public

Founded year

1919

Operating status

Operating

Short description

The Carlson School of Management is the AACSB-accredited business school of the University of Minnesota, offering undergraduate, MBA, specialized Master's, PhD, executive education, and dual-degree programs to career-bound students and working professionals across in-person, online, and HyFlex delivery formats in Minneapolis and global partner locations.

Ownership category

akta.pro rank

Product category

Business Education

NAICS

Business Schools and Computer and Management Training (6114), Colleges, Universities, and Professional Schools (6113), Professional and Management Development Training (611430), Professional and Management Development Training (61143)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Undergraduate Business Schools (BBA/BSBA Programs) (EDAHAHAA)

akta.pro secondary industries

Executive Education & Corporate Programs (Non-degree) (EDAHAHAN), Specialized Master’s in Management (MiM) & Business Analytics (EDAHAHAC), Marketing, Sales & Brand Management Schools (EDAHAHAE), Professional & Executive Short Courses (Non-Degree, International) (EDAIAIAH)

Keywords

• Business education
• MBA programs
• Executive education
• Business analytics
• Supply chain management

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Undergraduate Tuition: Tuition revenue from undergraduate students pursuing Bachelor of Science in Business (BSB) degrees. Resident tuition for 2025-2026 is $18,626 and non-resident is $41,512 per academic year, plus additional fees and tuition surcharges.
2. Graduate Tuition (Full-Time MBA): Full-Time and Management Science MBA programs charge $47,640/year for residents and $62,280/year for non-residents. Programs are 64 credits over 2 years.
3. Graduate Tuition (Part-Time MBA): Part-Time MBA program charges $1,797 per credit with 52 credits required for graduation. Merit-based scholarships available including 15% and limited 50% awards.
4. Graduate Certificates: Graduate certificate programs in business and taxation fields. Certificates can be completed in 12-18 months with 4-6 courses. Credits can be applied toward future graduate degrees.
5. Alumni Donations and Giving: The school receives charitable contributions through its Institutional Advancement office, including the Dean's Excellence Fund, student scholarships, faculty support, and Wellbeing and Belonging initiatives.
6. Executive Education: Professional development courses for organizations and individuals, including certificates in AI for Business, Business Analytics, Leadership, and industry-specific programs. Military discount of 15% available.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

The Carlson School of Management is a public, AACSB-accredited business school delivering degree and non-degree business education. Its core products are the Bachelor of Science in Business (11 majors, 14 minors), six MBA variants (Full-Time, Part-Time, Online, Executive, STEM Management Science, Deferred Entry), eight specialized Master's degrees (Accountancy, Business Analytics, Applied Business Analytics, Business Taxation, Finance, HR & Industrial Relations, Marketing, Supply Chain Management), a PhD in Business Administration, sixteen Graduate Certificates, Dual Degree combinations, and Executive Education short courses for individuals and organizations. Programs are delivered in-person, online, and via HyFlex hybrid formats, with the Full-Time MBA, Part-Time MBA, and select Master's degrees incorporating experiential Enterprise Programs (Brand, Consulting, Funds, Ventures) where students complete real client projects.

Product overview

The Carlson School of Management at the University of Minnesota offers a comprehensive portfolio of business education products organized as a platform-plus-modules architecture. The core offerings include undergraduate (Bachelor of Science in Business), multiple MBA variants (Full-Time, Part-Time, Online, Executive, STEM-designated Management Science, and Deferred Entry), seven specialized Master's degrees (Accountancy, Applied Business Analytics, Business Analytics, Business Taxation, Finance, Human Resources & Industrial Relations, Marketing, and Supply Chain Management), a PhD in Business Administration, and Executive Education programs. These are complemented by 16 Graduate Certificates and Dual Degree options pairing the MBA with JD, MD, PharmD, or other specialized master's degrees. The school also offers global programs including the Vienna Executive MBA and Medical Industry MBA in China. The product architecture is unified through shared faculty, AACSB accreditation, experiential learning components (Enterprise Programs), and career services, while allowing specialization through different formats (full-time, part-time, online, hybrid), STEM designations, and industry-focused tracks.

Differentiator

Problem solved

Functional benefit

Products and services

• Bachelor of Science in Business (BSB) Undergraduate Program Four-year undergraduate degree program with 11 majors and 14 minors for high school seniors and college transfers, including Accounting, Finance, Marketing, MIS, Supply Chain and Operations, and Entrepreneurial Management, with a 100% international experience requirement.
• Full-Time MBA Two-year, 64-credit immersive MBA for professionals with an average of four years of work experience, featuring daytime classes and Enterprise Programs (Brand, Consulting, Funds, Ventures) with real clients.
• Part-Time MBA

Quantifiable outcome

• 86% of Full-Time MBA graduates received job offers within 90 days (3-year average)
• +7 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Partnerships

Five partnerships are on record, tiered core.

• Vienna University of Economics and Business (WU Executive Academy)coreStrategic or Co-development PartnerJoint executive MBA program where students attend classes in Vienna, Austria. The Vienna Executive MBA (VEMBA) is structured to accommodate working professionals from throughout Europe and beyond, taught by faculty from both institutions.
• Shanghai-based Medical Industry Partners (for MIMBA program)coreStrategic or Co-development PartnerMedical Industry MBA-China (MIMBA) program serves experienced professionals in China's medical industry. Classes take place primarily in Shanghai with curriculum designed for medical industry management.
• Fortune 500 Companies in MinnesotacoreGTM or Marketing PartnerPartnership with 18 Fortune 500 companies headquartered in Minnesota for recruitment, experiential learning, enterprise projects, and career placement. Companies include Target, Best Buy, 3M, General Mills, and others.
• Hundreds of Partner Companies and OrganizationscoreGTM or Marketing PartnerCarlson School maintains partnerships with hundreds of companies and organizations for student recruitment, enterprise projects, internships, and career placement through the Business Career Center.
• University of Minnesota (System)coreStrategic or Co-development PartnerDual degree partnerships across University of Minnesota colleges including MBA & MD, MBA & JD, MBA & PharmD, MBA & MHA, MBA & MPP, MBA & Applied Economics, enabling students to pursue combined degrees in business and other disciplines.

Scale indicators27 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• McCombs School of Business: The University of Texas at Austin's business school. Direct peer among top-ranked U.S. public business schools with comparable MBA, undergraduate, and executive programs; similar Carnegie-class research university backing and STEM program mix.
• Kelley School of Business: Indiana University's business school. Direct peer with strong online and part-time MBA programs and top-10 U.S. News undergraduate ranking. Closely comparable on program portfolio and public-university positioning.
• Ross School of Business: University of Michigan's business school. Direct peer among elite U.S. public business schools with similar MBA, BBA, and specialty master's offerings and comparable Fortune 500 employer access.
• Smeal College of Business: Penn State's business school. Direct peer at a large public research university with similar Supply Chain and Finance specialization mix, comparable scale of undergraduate program, and overlapping Big Ten institutional characteristics.
• Questrom School of Business: Boston University's business school. Direct peer offering full-time MBA, specialized master's, and executive education with comparable urban setting and AACSB accreditation.
• Foster School of Business: University of Washington's business school. Direct peer with similar Supply Chain Management focus, comparable public-university research positioning, and overlapping Pacific Northwest employer ecosystem.
• Fisher College of Business: Ohio State University's business school. Direct peer among large public business schools with comparable undergraduate, MBA, and specialty master's portfolios.

Broad incumbents

• Haas School of Business: UC Berkeley's business school. Broader incumbent with substantially deeper resources, Bay Area employer access, and higher US News rankings; competes for top MBA applicants in adjacent geographies.
• Kellogg School of Management: Northwestern's business school. Top-tier private incumbent that consistently outranks Carlson in MBA rankings and competes for the same international and corporate-recruiting employer pool.
• Wharton School: University of Pennsylvania's business school. The dominant global incumbent in business education; competes for top-tier international applicants, faculty, and corporate partnerships against Carlson in shared employer pipelines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@MinnesotaCarlson
• Facebookfacebook.com/CarlsonSchoolUMN
• LinkedInlinkedin.com/company/carlsonschoolumn
• Instagraminstagram.com/minnesotacarlson
• TikToktiktok.com/@minnesotacarlson
• Xx.com/CarlsonNews

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about University of Minnesota - Carlson School of Management