39th

University of Minnesota

Carlson School of Management

Quick Stats

  • Avg. SAT Score
    1328
  • Annual Tuition
    $12,560
    $ $ $ $ $
  • Program Enrollment
    2,259
  • University Selectivity
    35%
  • University Yield
    31%
  • Job Offers
    89%
  • Average Salary
    $50,902
  • Top Industry
    Financial Services
  • School Status
    Public
  • Accreditation
    AACSB Accredited
  • B-School Founded
    1919
  • Program Length
    Four Year
Contact Information
1925 4th St. South
Suite 2-190
Minneapolis, Minnesota 55455, United States
Website
405x225

Carlson School of Management

Located in one of the best places to live, work, and play; countless internship and job opportunities, arts, and attractions are steps away from the University of Minnesota’s Carlson School of Management. Admitted freshmen begin exploring business right away with courses that give their careers a head start over the competition. To prepare them for the global stage, an international experience is a requirement and often a life-changing experience. Our world-class career center provides skills courses, career discovery, a mentorship program, and an employment website built specifically for Carlson students.

What Current Students Say See All 15 Comments >

The business program at the U of M does a great job of preparing students for the business world both inside and outside of class. The school makes efforts through the UBCC (undergraduate business career center) to offer career coaching and advising, resume review, mock interviews, etc. Additionally, the school is in a great location just ten minutes from downtown Minneapolis. The Twin Cities area has the most fortune 500 companies per capita and typically pays above average salaries for business degrees.

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About University of Minnesota

Admissions

Admissions Selectivity
35% University of Minnesota 58% Average Across All Schools
Most Important Admissions Factors
  1. SAT/ACT scores
  2. High school GPA
  3. Secondary school record
More Information
Total Applications
  • Applied
  • Accepted
  • Accepted Apps Enrolled
55993% 55,993
35% 35
31% 31
35% School Selectivity
31% School Yield
Demographics of Applicants
  • Male Applicants
  • Female Applicants
  • International Applicants
  • U.S. Applicants
Application Deadlines
Dec 15
Fall 2013
Required Tests
  • ACT + Writing or SAT
  • Are Interviews Required? Not offered
Additional Requirements:

The University of Minnesota requires all non-native English speakers to demonstrate sufficient command of the English language necessary to study college level courses. Transfer applicants are required to complete necessary prerequisites and have a minimum 3.0 GPA.
Total Applications to Program
  • Applied
  • Accepted
  • Accepted Apps Enrolled
7970% 7,970
21% 21
42% 42
21% Program Selectivity
42% Program Yield
Program Requirements
  • Admissions managed by Business Program
  • Are interviews required? Not offered
Required Tests

Transfer Requirements
  • How internal transfers are handled
  • Min college GPA for transfers 3.0
  • Other transfer requirements Microeconomics, Macroeconomics and Calculus must be completed with A-C or better. Strong academic record (average GPA of admits is 3.7). Strong extracurricular activities portfolio, strong writing skills as assessed by the required esssay.
Freshman Requirements
  • Freshman admissions Yes
  • Percent of admitted applicants who are freshmen 88
  • Min GPA required in pre-business courses Yes
  • How freshmen are admitted Indicate interest on university application
Other Requirements for freshman

ACT written portion. 4th year of High School Math (Calculus preferred). Three years of High School Science to include Physics. Strong leadership and community involvement.

Careers

Financial Services 13%
Top Industry
  • Consulting 10%
  • Manufacturing 8%
  • Other 5%
Target Corporation 34
Top Employer
  • Ernst & Young 21
  • Deloitte 15
  • Best Buy 14
Job offers within 3 months after graduation
89% Carlson School of Management 75% Average Across All Schools
More Information
Job Offers Received and Accepted
  • This School
  • All Schools
By Graduation
72% 72
59% 59.267238095238085
72% Receive Offers
72% 72
56% 55.65923664122137
72% Accept Offers
After graduation, but within 3 months
17% 17
16% 16.189999999999998
17% Receive Offers
17% 17
17% 17.25698275862069
17% Accept Offers
More than 3 Months after graduation
1% 1
10% 10.193835616438358
1% Receive Offers
1% 1
13% 12.771399999999998
1% Accept Offers
90% Graduates seeking full-time employment
10% Graduates not seeking employment
90% Percentage of graduates for whom employment information is available
Salaries and Percentages of Job Accepting Graduates
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
7% 7
$59,042.00
58K 72K
Finance/Accounting
44% 44
$51,713.00
25K 80K
General Management
4% 4
$47,950.00
40K 65K
Human Resources
2% 2
$39,232.00
31K 48K
Management Information Systems
10% 10
$55,077.00
30K 90K
Marketing/Sales
21% 21
$48,135.00
25K 75K
Operations/Production
9% 9
$48,327.00
40K 60K
Other
3% 3
$39,771.00
30K 51K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Accounting
19% 19
$51,259.00
43K 60K
Consumer Products/Retail
28% 28
$50,202.00
40K 60K
Consulting
10% 10
$59,012.00
38K 90K
Financial Services
13% 13
$52,817.00
25K 80K
Government/Education
1% 1
$38,980.00
33K 50K
Pharma/Biotech/Health
7% 7
$52,244.00
43K 59K
Manufacturing
8% 8
$51,481.00
30K 75K
Media/Entertainment
1% 1
$28,500.00
27K 30K
Non-Profit
2% 2
$34,474.00
28K 40K
Technology/Science
6% 6
$45,038.00
25K 75K
Other
5% 5
$48,451.00
31K 65K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
U.S. Northeast
4% 4
$58,778.00
52K 70K
U.S. Mid-Atlantic
1% 1
Data not provided
U.S. South
2% 2
$44,338.00
34K 50K
U.S. Southwest
1% 1
$35,000.00
30K 40K
U.S. Midwest
91% 91
$50,698.00
25K 90K
U.S. West
1% 1
$55,833.00
45K 66K
Salaries for Most Recent Graduates
Salaries for Most Recent Graduates
Average Signing Bonus for Most Recent Graduates
Internship Employers / Interns Hired
  • Target Corporation 18
  • PricewaterhouseCoopers 13
  • UnitedHealthGroup 12
  • Ernst & Young 11
  • Cargill, Inc 9
Internship Services
  • Companies that recruit interns on campus
  • Companies that posted internships on school message board
  • Average intern length in weeks
  • Percentage of internships that are paid 96
Career Services
  • Number of companies that recruited students on campus 73
  • Number of companies that posted full-time jobs on school message boards 673
Other activities and career services provided to undergraduate business students:
The UBCC offers career services exclusively to business students. This includes a required career skills class, proprietary on-line recruiting system and service - annual business career fairs. In addition, students are provided with individual coaching opportunities, workshops, an elective career discovery class, mentorship program, peer career coaches and Mock interviews.

Cost

Resident
$ $ $ $ $
$23,676
Total Yearly Cost
  • Tuition $12,560
  • Fees $2,116
  • Expenses $9,000
Non-Resident
$ $ $ $ $
$28,926
Total Yearly Cost
  • Tuition $17,810
  • Fees $2,116
  • Expenses $9,000
51% Percent of Institutional Grants or Scholarships 4% Percent of Full-tuition Institutional Grants or Scholarships
Basis for Grants or Scholarships
  • Need 22%
  • Merit 78%
More Information
Financial Aid
  • Financial Aid Management No
  • Website http://onestop.umn.edu/finance
Scholarships
$4,285,997
Total aid distributed to undergrad business students last year
$5,597,130
Total aid distributed to undergrad business students this year
Loans
  • Loan Guarantee Policy No
  • Max Loan Guarantee Per Year

Academics

Average Class Size
  • Carlson School of Management
  • All Schools
Core Business Classes
76% 70
50% 46
Elective Business Classes
83% 48
50% 29
Required Classes with a Waiting List
4 Carlson School of Management 12 Average Across All Schools
* On the First Day of Enrollment
Top Areas of Study
  • Accounting
  • Finance
  • Management Information Systems
  • Marketing
  • Supply Chain Management
More Information
Business Program Classes
5% Less than 20 Students 20% More than 50 Students
75% 21 to 50 students
48 Average number of students in non-business required electives
63 Different Elective Courses
New Electives
  • Corporate Responsibility and Ethics
  • Sustainability and Corporate Social Responsibility in Costa Rica
  • Senior Seminar in International Business
  • Role of the Accountant in Today's Finance Function
  • Program length Four Year
  • Last change to curriculum 2007
Degrees Offered / Credits Required
  • Bachelor of Science in Business (BSB) 120
Faculty
  • All Faculty
  • Tenured
139% 139
35% 35
Prominent Faculty
  • Vladas Griskevicius

    Marketing

  • Gedas Adomavicius

    Information and Decision Science

  • Michelle Duffy

    Work and Organizations
  • Are work study or co-ops available? No
  • Description of work study / co-ops:

  • Is study abroad available? Yes
  • Description of study abroad programs:

    Required international experience for all students. Nearly 28 exchange programs with partner business schools and 12 short-term global enrichment options. Over 300 additional options available thourgh the campus-wide Learning Abroad Center.
  • Is community service or volunteering available? Yes
  • Description of community service/volunteering:

    Carlson School-wide Service Day; "Carlson Goes to Work" sponsored by Net Impact; through student organizations.

Students

53% Students in Top 10% of High School Class 66% Students with High School GPA over 3.75
1410 75th Percentile Score on SAT 30 75th Percentile Score on ACT
Student Body Breakdown
  • International Students
  • U.S. Students
  • Male Students
  • Female Students
Ethnicity of Students
White
88% 88
Asian American
8% 8
Hispanic
2% 2
* Percentages are for U.S. citizens in most recent entering class; only top three responses shown.
More Information
U.S. Regional Breakdown
2%
94%
1%
1%
1%
%
Student Citizenship
U.S.
94% 94
Other Non-U.S. Citizenship
6% 6
18 Average age of full-time students
98% Freshman retention rate
Graduation Rate
  • 4 Years
  • 6 Years
79% 79
92% 92

Alumni

Alumni Donors
Total Living Alumni 29,278
Alumni Donations
$2,234 Average Gift $50,000 Largest Gift
Most Prominent Alumni
  • Tom Staggs

    Chairman, Walt Disney Co. Parks & Resorts

  • John Hammergreen

    CEO, McKesson Corporation

  • Thia Breen

    President, North America Estee Lauder Companies, Inc