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The Carlson School of Management at University of Minnesota--Twin Cities

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

Director of admissions Linh Gilles
Full-time program phone (612) 625-5555
Full-time program E-mail ftmba@umn.edu
Full-time program website http:/​/​www.​carlsonschool.​umn.​edu/​MBA/​full-time/​index.​html
Executive program phone (612) 625-5555
Executive program E-mail cemba@umn.edu
Executive program website http:/​/​www.​carlsonschool.​umn.​edu/​MBA/​executive/​index.​html
Part-time program phone (612) 625-5555
Part-time program E-mail ptmba@umn.edu
Part-time program website http:/​/​www.​carlsonschool.​umn.​edu/​MBA/​part-time/​index.​html
Part-time distance learning program phone N/A
Part-time distance learning program E-mail N/A
Part-time distance learning program website N/A
 

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)

Enrollment 1,631

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
High
Career and Salary Statistics

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
 


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