The Carlson School of Management at University of Minnesota–Twin Cities
EDU
March 2, 2019
Business School Admissions
Application (Fall 2013)
| Application deadline (U.S. residents) |
April 1 |
| Application deadline (international students) |
February 1 |
| Application fee |
$60 |
Admissions & Enrollment (Full-time)
| Acceptance rate |
40.9% – Medium |
| Average age of new entrants |
28 |
| Average undergraduate GPA |
3.30 – Medium |
| Undergraduate GPA range (10th-90th percentile) |
2.74-3.9 |
| Entrants providing undergraduate GPA |
80 |
| Average GMAT score |
686 – High |
| GMAT range (10th-90th percentile) |
640-740 |
| Students with prior work experience |
98 |
| Average work experience (months) |
51 |
Admissions & Enrollment (Part-time)
| Acceptance rate |
86.3% |
| Average age of new entrants |
29 |
| Average undergraduate GPA |
3.35 |
| Undergraduate GPA range (10th-90th percentile) |
2.8-3.85 |
| Entrants providing undergraduate GPA |
N/A |
| Average GMAT score |
606 |
| GMAT range (10th-90th percentile) |
530-690 |
| Students with prior work experience |
256 |
| Average work experience (months) |
68 |
Undergraduate Majors
| TOEFL required for international students |
Yes |
| Minimum TOEFL score required |
580 paper test
83 internet-based test |
Factors and Procedures Used in Admissions
(Data appear as originally submitted by this school)
| Full-time program |
| The Admissions Committee for the full-time MBA program evaluates all of the components of an application. This includes past academic performance, including areas of strength and trends in performance, entrance exam,GMAT scores, type, level and amount of work experience, statement of goals, accomplishments and experience, professional references, and an admission interview. |
| Executive program |
| Designed for students with 6+ years of professional experience & substantial organizational responsibilities; a number of factors are considered,including academic performance, professional references, on-the-job achievements,a personal statement. The selection process is competitive and enrollment is limited. |
| Part-time program |
| Considerations made on the basis of past academic experience (greater weight given to more recent study), general intellectual ability as measured by the GMAT or GRE, demonstrated ability to assume responsibility & achieve measurable results, as evaluated by the type, level, & amount of work experience, 2 years of full-time work experience, a personal statement, professional references. |
| Part-time distance learning program |
N/A |
Admissions Contacts
Business School Academics
Program Offerings
| (18) Departments/concentrations |
| accounting |
marketing |
| consulting |
management information systems |
| e-commerce |
production/operations management |
| entrepreneurship |
organizational behavior |
| finance |
portfolio management |
| general management |
public policy |
| health care administration |
supply chain management/logistics |
| human resources management |
quantitative analysis/statistics and operations research |
| international business |
technology |
|
| Departments with highest M.B.A. demand |
consulting, finance, general management, marketing, supply chain management/logistics |
| Types of M.B.A. programs offered |
full-time traditional two year, part-time evenings and weekends, traditional executive MBA, other executive MBA |
| Joint programs available |
healthcare (medicine), healthcare (management), law, pharmacology, public policy/administration |
Curricula Descriptions
(Data appear as originally submitted by this school)
| Full-time program |
| A highly immersive, experiential learning environment from start to finish–the Carlson FTMBA program provides access to in-depth experiential learning opportunities. It is one of the nation’s premier programs. We seek to transform the global marketplace by developing innovative and ethical leaders through powerful, dynamic learning opportunities and a required study abroad experience. |
| Executive program |
| Year 1 focuses on organizational tools and functions, including accounting,operations, organizational behavior, marketing,finance and business strategy. Year 2 focuses on the larger contextual business environment and includes an international residency with a global virtual team project focused on global markets. |
| Part-time program |
| The Carlson PTMBA provides cutting-edge skills and knowledge working professionals need to excel in today’s complex business environment as leaders. We transform the global marketplace by developing innovative and ethical leaders through powerful,dynamic learning experiences. The flexible and indepth core curriculum is supplemented with over 100 electives to tailor your program for future success. |
| Part-time distance learning program |
N/A |
Business School Ranking
| #30 |
Best Business Schools |
|
|
(5) Ranking by Specialties
#25 in Entrepreneurship
#3 in Information Systems
#21 in Management
#9 in Part-time M.B.A.
#23 in Production / Operations
|
Business Ranking Scores
These data apply only to full-time students.
| Score |
63 |
| Peer assessment score (out of 5) |
3.6 |
| Recruiter assessment score (out of 5) |
3.1 |
| Acceptance rate |
40.9% – Medium |
| Average starting salary and bonus |
$110,349 – High |
| Average undergraduate GPA |
3.30 – Medium |
| Average GMAT score |
686 – High |
| Full-time graduates employed at graduation |
63.2% – Medium |
| Full-time graduates employed three months after graduation |
88.2% – Medium |
| Enrollment (full-time) |
172 |
Business School Student Body
Student Body (Overall)
Student Body (Full-time)
| Enrollment (full-time) |
172 |
| Minority students |
9.3% |
| International students |
23.8% |
Student Body (Part-time)
| Enrollment (part-time) |
1,459 |
| Minority students |
6.4% |
| International students |
4.9% |
Business School Cost
Financial Aid Contact Information
| Financial aid director |
Kris Wright |
| Financial aid phone |
(612) 624-1111 |
Expenses
| Tuition |
Full-time: $31,706 per year (in-state)
Full-time: $44,568 per year (out-of-state)
Part-time: $1,176 per credit (in-state)
Part-time: $1,176 per credit (out-of-state) |
| Required fees |
$3,998 per year |
| Room and board, books, and miscellaneous expenses |
$15,000 |
| Average indebtedness of 2011 graduating class |
$60,473 |
Financial Aid Availability
| College-funded aid (fellowships, assistantships, grants, or scholarships) available |
Yes |
| Fellowships |
N/A |
| Teaching assistantships |
N/A |
| Research assistantships |
N/A |
| International students eligible for college-funded aid |
Yes |
Business School Career and Salary Statistics
University of Minnesota–Twin Cities has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.
Class of 2011
| Full-time graduates |
84 |
| Full-time graduates known to be seeking employment |
68 |
| Full-time graduates employed at graduation |
63.2% – Medium |
| Full-time graduates employed three months after graduation |
88.2% – Medium |
Base Salary: Overall
| Total reporting base salary |
42 |
| Low base salary |
$75,000 |
| Average base salary |
$96,072 |
| High base salary |
$130,000 |
Base Salary: U.S. Citizens
| Low base salary: U.S. citizens |
$75,000 |
| Average base salary: U.S. citizens |
$97,115 |
| High base salary: U.S citizen |
$130,000 |
Base Salary: Foreign Nationals
| Low base salary: Foreign nationals |
$75,000 |
| Average base salary: Foreign nationals |
$90,857 |
| High base salary: Foreign nationals |
$107,000 |
Signing Bonus: Overall
| Total reporting signing bonus |
30 |
| Low signing bonus |
$3,654 |
| Average signing bonus |
$19,988 |
| High signing bonus |
$30,000 |
Signing Bonus: U.S. Citizens
| Low signing bonus: U.S. citizens |
$3,654 |
| Average signing bonus: U.S. citizens |
$19,346 |
| High signing bonus: U.S. citizens |
$30,000 |
Signing Bonus: Foreign Nationals
| Low signing bonus: Foreign nationals |
$16,000 |
| Average signing bonus: Foreign nationals |
$23,200 |
| High signing bonus: Foreign nationals |
$30,000 |
Other Compensation: Overall
| Total reporting other compensation |
10 |
| Low other compensation |
$3,200 |
| Average other compensation |
$16,250 |
| High other compensation |
$35,000 |
Other Compensation: U.S. Citizens
| Low other compensation: U.S. citizens |
$3,200 |
| Average other compensation: U.S. citizens |
$17,478 |
| High other compensation: U.S. citizens |
$35,000 |
Other Compensation: Foreign Nationals
| Low other compensation: Foreign nationals |
N/A |
| Average other compensation: Foreign nationals |
N/A |
| High other compensation: Foreign nationals |
N/A |
Base Salary by Occupation
Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.
| Number reporting marketing/sales jobs |
26 |
| Marketing/sales low salary |
$77,000 |
| Marketing/sales average salary |
$95,352 |
| Marketing/sales high salary |
$110,000 |
| Number reporting operations/production jobs |
1 |
| Operations/production low salary |
N/A |
| Operations/production average salary |
N/A |
| Operations/production high salary |
N/A |
| Number reporting general management jobs |
2 |
| General management low salary |
N/A |
| General management average salary |
N/A |
| General management high salary |
N/A |
| Number reporting finance/accounting jobs |
14 |
| Finance/accounting low salary |
$75,000 |
| Finance/accounting average salary |
$95,273 |
| Finance/accounting high salary |
$110,000 |
| Number reporting management information systems (MIS) jobs |
0 |
| Management information systems (MIS) low salary |
N/A |
| Management information systems (MIS) average salary |
N/A |
| Management information systems (MIS) high salary |
N/A |
| Number reporting consulting jobs |
11 |
| Consulting low salary |
$75,000 |
| Consulting average salary |
$102,500 |
| Consulting high salary |
$130,000 |
| Number reporting human resources jobs |
0 |
| Human resources low salary |
N/A |
| Human resources average salary |
N/A |
| Human resources high salary |
N/A |
| Number reporting having jobs in other areas |
6 |
| Other occupations low salary |
N/A |
| Other occupations average salary |
N/A |
| Other occupations high salary |
N/A |
Base Salary by Industry
Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.
| Number reporting government jobs |
0 |
| Number reporting manufacturing jobs |
5 |
| Manufacturing low salary |
$82,000 |
| Manufacturing average salary |
$97,082 |
| Manufacturing high salary |
$110,000 |
| Number reporting non-profit jobs |
0 |
Base Salary by Geographic Region
Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.
| Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) |
1 |
| Northeast low salary |
N/A |
| Northeast average salary |
N/A |
| Northeast high salary |
N/A |
| Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) |
2 |
| Middle Atlantic low salary |
N/A |
| Middle Atlantic average salary |
N/A |
| Middle Atlantic high salary |
N/A |
| Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) |
2 |
| South low salary |
N/A |
| South average salary |
N/A |
| South high salary |
N/A |
| Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) |
49 |
| Midwest low salary |
$75,000 |
| Midwest average salary |
$96,325 |
| Midwest high salary |
$130,000 |
| Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) |
1 |
| Southwest low salary |
N/A |
| Southwest average salary |
N/A |
| Southwest high salary |
N/A |
| Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) |
2 |
| West low salary |
N/A |
| West average salary |
N/A |
| West high salary |
N/A |
| Number reporting jobs located internationally |
3 |
| International low salary |
N/A |
| International average salary |
N/A |
| International high salary |
N/A |
