Carlson School of Management is the business school of the University of Minnesota, one of the leading public research land grant universities in the U.S. The Carlson School of Management has a total enrollment of 4,647 students. Around 12% of the student body comprises international students. Undergraduate programs at Carlson School of Management has an enrollment of 2,800 students and welcomes a batch of 600 first-year students and 300 transfer students in each fall. The MBA program has nearly 1,000 students.
The primary intake for admission to Carlson School of Management is fall. The undergraduate application fee is 55 USD and the graduate application fee is 75 USD. Admitted undergraduate students had an average class rank of 90 percentile and average ACT score 29.6. The median undergraduate GPA of admitted MBA students in fall 2020 was 3.48 and median GMAT score was 670. On average, full-time MBA students had an average work experience of 5.8 years. The acceptance rate for the MBA program at the B school was around 54%. Work experience can be a valuable addition to the application for graduate applicants. Students who demonstrate potential to become successful future managers and leaders are selected by the university after rigorous screening.
The tuition fee for undergraduate programs at Carlson School is 31,616 USD. The tuition fee for MBA at Carlson School of Management is 52,248 USD. International undergraduate applicants are automatically considered for merit scholarships at the time of admission. MBA students also receive scholarships that cover partial tuition fees. International students are also allowed to work on the campus of University of Minnesota.
Carlson School of Management Rankings
The rankings of Carlson School of Management in the U.S. News and World Report in recent years are as follows:
- Ranked 28th in Best Business Schools and 10th for Part-time MBA in 2022.
- The 2021 rankings of the school of management are as follows:
- 5th in Best Information Systems programs
- 14th in Best Graduate Schools - Business School Specialty Rankings
- In 2020, the school ranked in the following categories:
- 19th in Best Undergraduate Business Programs
- 6th in Management Information Systems
- 15th in Supply Chain Operations and Management
- 17th in Marketing
- 21st in Management
- The Masters in Business Analytics program ranked 8th in the U.S. and 19th globally in QS Business Analytics Rankings 2021.
- The Masters in Supply Chain Management ranked 6th in the U.S. and 16th globally in QS Supply Chain Management Rankings 2021.
Highlights
| Type of Establishment | Public |
| Location | Minneapolis, Minnesota |
| Campus Setting | Urban |
| Mode of Program | Full-time/ Part-time/ MBA |
| Total Enrollment | 4,647 |
| % of International Students | 12% |
| Application Portal | Online Application |
| Application Fees | UG: 55 USD; PG: 75 USD |
| Test Score Accepted | SAT/ ACT/ GRE/ GMAT |
| Basic Tuition Fee for International Undergraduate Students | 31,616 USD |
| Basic Tuition Fee for International MBA Students | 52,248 USD |
| Financial Aid | Scholarships, Work-study |
| Official Website | https://carlsonschool.umn.edu/ |
Carlson School of Management Campus
The campus of Carlson School of Management is located in the Twin Cities of Minneapolis and St. Paul.
- The school of management is a part of the University of Minnesota campus and is housed within two state-of-the-art buildings.
- Academic facilities at Carlson School of Management includes 42 classrooms, 35 breakout rooms, 22 interview rooms, wireless internet access, media room with video conferencing facility, experiential learning labs, research facilities, computer labs, etc.
- The campus of the management school also features a 180-seat lecture hall and 250-seat auditorium.
- Minneapolis is one of the top places to study, live and work in the U.S.
- The area surrounding the university offers restaurants, parks, lakes, green spaces, housing options, scenic art locations, etc.
Carlson School of Management Accommodation
A number of on-campus accommodation options are available for students of the Carlson School of Management as it is part of one of the largest universities in Minnesota.
- Residence halls and apartments have common facilities such as free laundry, high speed internet connection, 24/7 information desks, study rooms, common lounges, music practice rooms, furnished spaces, unlimited utilities, etc.
- Some accommodation options reserved for first year students include 17th Avenue, Bailey, Centennial, Comstock, Frontier, Middlebrook, Pioneer, Sanford, Territorial Halls and Yudof Apartments.
- Graduate housing options include Commonwealth Terrace Cooperative, Como Student Community Cooperative and West Bank Townhouses.
- The campus is surrounded by safe and welcoming neighbourhoods as a result of which several students choose to live off-campus in US.
The rent for various on-campus accommodation options are summarized in the table below:
| Accommodation Type | Rent |
|---|---|
| 17th Avenue | 3,452-4,315 USD/ semester |
| Bailey | 3,144-3,951 USD/ semester |
| Como Student Cooperative Community | 970-1,185 USD/ month |
| Yudof Apartment | 3,724-5,773 USD/ semester |
| West Bank Townhouses | 1,470 USD/ month |
Carlson School of Management Programs
Programs at Carlson School of Management include undergraduate degrees, MBA, specialty Masters, graduate certificates and PhD in Business Administration.
- At the undergraduate level, the institution offers 10 undergraduate majors, 13 minors and 2 minor options available for students of another college at the University of Minnesota.
- Carlson offers various MBA programs including full-time MBA, Management Science MBA, part-time MBA, online MBA, executive MBA and global MBA.
- The Global MBA program is designed for professionals and takes place in China, Vietnam and virtually.
- The university has 7 academic departments offering programs in Accounting, Finance, Information and Decision Sciences, Marketing, Supply Chain and Operations, Strategic Management and Entrepreneurship and Work and Organizations.
- Some popular undergraduate majors of the business school include Business Administration, Management Information Systems, Supply Chain Operations and Management, Marketing and Management.
- The school’s graduate programs in MBA, part-time MBA, Masters in Business Analytics and Masters in Supply Chain Management are highly ranked.
Carlson School of Management Admission Process
Carlson School of Management has a competitive admission policy. While shortlisting applicants, the school evaluates the potential and competencies of the candidate as a student, manager and leader. The deadlines for domestic as well as international admission to the institution are similar.
How to Apply?
Prospective applicants must take note of the following details of the admission process:
Application Portal: Undergraduate - Application for Admission; Graduate - Online Application
Application Fee: Undergraduate - 55 USD; Graduate - 75 USD
Application Deadlines
The deadlines for various programs offered at the management school are as follows:
| Program | Application Deadline |
|---|---|
| Undergraduate | November 1 (Early Action I) December 1 (Early Action II) January 1 (Regular Decision) |
| Full-time MBA | October 1, 2021 |
| Online MBA | October 15, 2021 |
| Part-time MBA | October 15, 2021 |
| Master of Accountancy | October 1, 2021 |
| Master of Business Taxation | October 15, 2021 |
| Master of Human Resources and Industrial Relations | October 15, 2021 |
Admission Requirements:
The requirements for admission to undergraduate programs are as follows:
- Official high school transcripts
- Transcripts not issued in English must be submitted with English translations
- Academic records including details of high school courses and grades
- Proof of English language proficiency
- SAT or ACT scores
Graduate program applicants must submit the following documents along with the application for admission:
- Transcripts from previously attended institutions
- Personal statement essay
- GMAT or GRE scores
- 2 professional references
- Current resume
- Video essay
- Interview
English Language Requirements
International students must submit one of the following test scores as proof of English language proficiency:
Carlson School of Management Cost of Attendance
For all the candidates enrolling at the school in the 2021-2022 academic session, an estimated budget for international students looking to study in the US has been tabulated below:
| Expense | Amount (in USD) |
|---|---|
| Tuition and Fees | 31,616 |
| Room and Board | 10,358 |
| Collegiate Fees | 1,918 |
| Tuition Surcharge | 2,000 |
| Books and Supplies | 1,000 |
| Miscellaneous Expenses | 2,000 |
| Transportation | 1,728 |
| Total Cost of Attendance | 51,116 |
The expenses for the full-time MBA program are given in the table below:
| Expenses | Amount (in USD) |
|---|---|
| Tuition | 52,248 |
| Room and Board | 14,000 |
| Transportation | 1,000 |
| Personal Expenses | 2,000 |
| Books | 3,000 |
| Health Insurance | 2,796 |
| Student Service Fee | 917 |
| Collegiate and Technology Fee | 1,160 |
| Other Fees | 247 |
| International Student Fees | 378 |
| Estimated Cost of Attendance | 76,488 |
Carlson School of Management Financial Aid
Carlson School of Management offers financial aid to international students mainly in the form of merit scholarships.
- All incoming first year and transfer students of Carlson School of Management are considered for scholarships at the time of admission. These are highly competitive scholarships ranging between 1,000 USD and 60,000 USD over 4 years.
- The academic scholarships for which international students qualify are given in the table below:
- Global Excellence Scholarship: International students are awarded this scholarship on the basis of merit who show strong academic preparation. The value of this scholarship is 25,000 USD, 15,000 USD or 10,000 USD per year.
- ISSS Need-Based Scholarship: This scholarship awards additional need-based aid to international students through the International Student and Scholar Services (ISSS).
- Harrison Scholarships and Ip MBA Scholarships are merit-based scholarships for international graduate students that cover partial or full tuition waiver.
- Other sources of scholarships to study in the U.S. are FastWeb, FinAid, Scholarships360, International Peace Scholarship, etc.
- International students with a F-1 visa are eligible for on-campus jobs on the university campus. The funds from such work can contribute towards a small portion of the living expenses.
Carlson School of Management Alumni
Carlson School of Management has more than 55,000 alumni in 95 countries that include some of the most influential business leaders.
- Alumni of the university get the following advantages:
- Invitation to alumni events
- Networking opportunities
- Career resources and professional development opportunities
- 20% off on Carlson school graduate programs and executive education programs
- Volunteering opportunities
- Some of the notable names of the alumni association are:
- Curt Carlson - American businessman and founder of Carlson and Radisson Hotel Group
- Tony Dungy - Sports analyst
- Flip Saunders - American basketball player and coach and former American football safety coach
- Richard Cyert - American economist, served as President of Carnegie Mellon University
- John H. Hammergren - Chairman and CEO of McKesson Corporation
Carlson School of Management Placements
The Graduate Business Career Center offers a range of services and resources to students including career counseling, mock interviews, career fairs, career tests, networking events, resume review, job search tools, negotiation tips, etc.
- Over 98% of the undergraduate class of 2020 had post-graduate plans within 3 months from graduation.
- 96% of MBA graduates received job offers within 90 days from graduation. Check more MBA job opportunities in US
- 100% of the students of the class of 2019 were offered internships.
- More than 130 companies recruited students from the Carlson School of Management.
- Some of the top recruiters of the management school’s graduates are Google, Deloitte, Pepsi, LinkedIn, McKinsey and Company, Target, Medtronic, Ecolab, Johnson and Johnson, Bain and Company, etc.
The mean salaries of Carlson School of Management graduates as per employment reports are given in the table below:
| Program | Average Salary (in USD) |
|---|---|
| Undergraduate | 60,084 |
| Full-time MBA | 116,995 |
| Part-time MBA | 114,749 |
| MS in Business Analytics | 94,952 |
| MS in Finance | 68,517 |
Minnesota is a thriving business centre in the U.S. that ranks 6th for Business. The Twin Cities are home to 18 Fortune 500 company headquarters which expands the scope of management school students. It is more affordable for international students in terms of cost of living compared to other large cities in the U.S. Carlson School of Management is one of the leading institutions for studying business in the U.S.
FAQs
Ques. Is it hard to get into Carlson School of Management?
Ans. Carlson School of Management has a highly selective admission policy. In fall 2020, only 2,315 students were accepted to undergraduate business programs out of 8,696 applicants. The average class rank of accepted students was 90 percentile.
Ques. Is Carlson School of Management prestigious?
Ans. Carlson School of Management is ranked 28th among Best Business Schools in the nation in the U.S. News and World Report 2022. It is also accredited by the Association to Advance Collegiate Schools of Business (AACSB) which ensures excellence of its programs to meet benchmarks.
Ques. What is Carlson School of Management known for?
Ans. Carlson School of Management is ranked 19th in Best Undergraduate Business Programs besides various undergraduate specialty rankings in 2020. It also ranked 14th in Best Graduate Schools - Business School Specialty Rankings in the U.S. News 2021.
Ques. How much does Carlson School of Management cost?
Ans. The undergraduate program at Carlson School of Management costs 31,616 USD.
Ques. What is the tuition for Masters in Supply Chain Management at Carlson School of Management?
Ans. The Masters in Supply Chain Management at Carlson School of Management costs 49,280 USD.
Ques. How much does the Masters in Business Analytics at Carlson School of Management cost?
Ans. The tuition cost for the Masters in Business Analytics program at Carlson School of Management is 65,250 USD.
Ques. What GPA do you need to get into the MBA program at Carlson School of Management?
Ans. An average GPA of 3.45 on 4.0 is recommended for admission to the MBA program at Carlson School of Management.
Ques. Are SAT/ ACT required for admission to Carlson School of Management?
Ans. An average SAT score of 1340 or ACT score of 29 is recommended for admission to Carlson School of Management.
Ques. What GMAT/ GRE scores are required to get into Carlson School of Management?
Ans. A median GMAT score of 690 or GRE score of 321 is recommended to get into Carlson School of Management.
Ques. Does Carlson School of Management offer scholarships to international students?
Ans. Yes, international students are automatically considered for merit-based scholarships at the time of admission. Some need-based aid is also available for international students through the International Student and Scholar Services (ISSS) Need-Based Scholarships.
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