Carlson MBA

University of Minnesota · Minneapolis, MN
#34
US News Rank
35.0%
Accept Rate
661
Median GMAT
$125k
Median Salary
$62,000
Annual Tuition

Compare with similar schools

See how Carlson compares with other leading MBA programs on the metrics that matter most.

About Carlson MBA

The Carlson School of Management at the University of Minnesota offers a strong, versatile MBA in the Twin Cities—a major Midwest business hub home to more Fortune 500 headquarters per capita than almost any other US city (Target, Best Buy, 3M, UnitedHealth Group, Cargill). Carlson's MBA is known for strong finance, supply chain, and brand management programs, with outstanding corporate access and placement within the Midwest's corporate powerhouses. Compare Carlson vs Kelley →

Key Metrics

With a class size of 100 students, Carlson offers a small, intimate learning environment. The program's 35.0% acceptance rate makes it a competitive but accessible top-tier program. See Carlson vs Fisher side by side →

Graduates report a median starting salary of $125,000, yielding an estimated 5-year ROI of approximately 404% after accounting for two years of tuition at $62,000 per year. Compare ROI and salary outcomes vs Olin →

Employment by Industry

Where recent graduates go after completing the MBA.

Finance 32%
Consulting 28%
Technology 18%
Marketing / Consumer Goods 12%
Healthcare / Pharma 5%
Other Industries 5%

Source: school employment data (2024).

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Employment by Region

Where recent graduates go geographically after completing the MBA.

Northeast 12.0%
Mid-Atlantic 3.0%
Southeast 7.0%
Midwest 58.0%
Southwest 5.0%
West Coast 8.0%
International 5.0%

Source: Minnesota Carlson MBA Employment Report 2024 (2024).

Rankings Across Major Publications

How Carlson ranks according to each major business school ranking.

SourceUS NewsBBW
Rank#34#44
Year20262024

Historical Rankings by Publication

Track how Carlson's ranking has changed over time in each major publication.

US News

−
YearRank
2026#34—
2025#34—
2024#34▼ 3
2023#31▲ 1
2022#32▼ 3
2021#29▲ 1
2020#30—

Bloomberg Businessweek Published biennially

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Rankings data compiled from official publications. Global rankings (FT, QS) include international business schools, so positions may differ from US-only lists.

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