Carlson School of Management
Minneapolis, United States
- Cost of Living$ 16,236
- Tuition Fee From$ 2,800
- Country Rank-
- Batch Strength4,662
- Global Diversity-
- Gender Ratio-
Overview
About
The Carlson School of Management is a highly respected business school located at the University of Minnesota in Minneapolis, Minnesota, United States. Founded in 1919, the school has grown to become one of the top business schools in the country, offering undergraduate, graduate, and doctoral programmes in various business fields. The school offers undergraduate programmes in Accounting, Finance, Marketing, Management, and Entrepreneurship. At the graduate level, the school offers a full-time MBA programme, as well as part-time MBA programmes, Executive MBA programmes, and specialised Master's programmes in areas such as Human Resources and Supply Chain Management.
Students are given ample opportunities to apply their classroom knowledge to real-world business situations through various hands-on projects, internships, and study abroad programmes. The school's faculty is made up of experienced business leaders and scholars who bring a wealth of knowledge and expertise to the classroom. The faculty members are committed to providing students with the skills and knowledge necessary to succeed in the competitive business world.
The Carlson School of Management is also known for its cutting-edge research in various business fields. The school's research centres focus on areas such as entrepreneurship, supply chain management, and sustainability, among others. The school's research output is highly regarded and has been recognised by several national and international organisations.
The Carlson School is also committed to innovation and entrepreneurship. The school has a dedicated entrepreneurship centre that offers resources and support to students and alumni interested in starting their businesses. The centre hosts several entrepreneurship events, workshops, and competitions throughout the year, providing students with opportunities to pitch their business ideas and gain feedback from experienced entrepreneurs.
Another aspect that sets the Carlson School of Management apart is its strong network of alumni. The school has over 55,000 alumni located across the globe, who are actively engaged in mentoring current students, sharing their expertise, and recruiting top talent from the school.
Ranking
The Carlson School of Management has been recognised for its academic excellence, innovative programmes, and commitment to developing responsible business executives leaders. The school's rankings and awards reflect its strong reputation in the business education community and its impact on the business world. The management school is recognised as a leader in sustainability education and research by the Aspen Institute's Beyond Grey Pinstripes ranking. The school is ranked #9 in the latest edition of the ranking. Below are some of the school’s recent rankings -
- US News Report Best Business Schools (2023) - #31
- US News Report Part-time MBA (2023) - #14
- US News Report Best Undergraduate Business Programmes (2023) - #19
- US News Report Marketing Programmes (2023) - #17
- QS University Masters In Marketing (2023) - #18
- QS University Masters In Business Analytics (2023) - #21
- Financial Times Global MBA Rankings (2022) - #82
Year
QS Ranks
US News Ranks
2023
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-
Facilities
The Carlson School of Management focuses on innovation and growth. The facilities offered at the university meet the diverse needs of the community and foster a vibrant and dynamic campus culture. Some of these facilities include -
Collaborative workspaces: The school offers several collaborative workspaces, including study rooms, team project rooms, and lounges. These spaces provide students with a comfortable and collaborative environment to work on group projects and assignments.
The Carlson School Atrium: The atrium is a central gathering space for students, faculty, and staff. It features comfortable seating areas, study spaces, and a cafe, making it a popular spot for students to meet and socialise.
The Holmes Centre for Entrepreneurship: The Holmes Centre is a dedicated entrepreneurship centre that provides resources and support to students and alumni interested in starting their businesses. The centre features a startup incubator, co-working spaces, and conference rooms, providing students with access to the resources they need to launch successful businesses.
The Carlson School Library: The library features an extensive collection of business-related resources, including books, journals, and online databases. It also offers study spaces, group meeting rooms, and computer workstations for students.
The Carlson School Career Centre: The career centre offers career coaching, job search assistance, and networking opportunities to students and alumni. The centre hosts several career fairs and networking events throughout the year, connecting students with potential employers and helping them launch successful careers.
The Executive Education Centre: The Executive Education Centre provides professional development opportunities for executives and business leaders. The centre offers customised training programmes, workshops, and executive coaching services, providing professionals with the skills and knowledge they need to succeed in their careers.
Notable Alumni
Courses
Admission
Carlson School of Management Entry Requirements
The school accepts applications for the Fall, Spring and Summer semesters. It has an acceptance rate of 28% and follows a strict and selective admission process. The admissions committee considers a range of factors when making admission decisions, including academic performance, extracurricular activities, and personal qualities. Students will also have to pay an application fee of $65-$95. Below are the entry requirements for admission -
- Academic History (Certificate and Transcript)
- Personal Statement
- GMAT/ GRE Score - 640/320
- SAT/ACT scores - 1340/29
- Resume or CV
- Two letters of recommendation
- Standardised English Language Test Score
- Video Essay (if Applicable)
- Admission Interview (If Applicable)
- Other programme-specific requirements
Accepted English proficiency test scores
|
English Proficiency Test |
Undergraduate |
Graduate |
|
TOEFL iBT |
79 |
105 |
|
IELTS |
6.5 |
7.0 |
|
PTE |
59 |
65 |
|
Cambridge Assessment English |
180 |
N/A |
Carlson School of Management Fees
Carlson School of Management offers several programmes at different levels. Listed below are the fees based on popular courses offered by the institution -
- M.S Supply Chain Management - $57,460 /Year
- M.S/M.B.A Applied Economics - $30,864 /Year
- M.Acc - $30,864 /Year
Note: The specific minimum fee structure requirements may vary depending on the programmes and level of study.
Placements
The Carlson School of Management is well-known for its strong placement record. The school has a dedicated career centre that provides a wide range of career development services, including job search assistance, resume and cover letter reviews, mock interviews, and networking events. The school has a robust internship programme that helps students gain practical experience and build their professional networks. According to the latest data, 90% of MBA students at the school secured an internship during the summer between their first and second year of the programme.
Carlson School graduates are employed in a wide range of industries, including consulting, finance, healthcare, marketing, and technology. Consulting and technology were the top industries for MBA graduates. According to the latest employment data published by the Carlson School, 97% of the full-time MBA graduates from the Class of 2021 secured employment within three months of graduation. The average salary for full-time MBA graduates was $117,425.
Scholarship
Regardless of the programme you are studying, there are several scholarship opportunities provided by the school as well as other organisations. With so many scholarships available now, overseas students can significantly lower the financial burden of studying in a new country. You can apply for scholarships to study at the Carlson School of Management through UniScholars. You can find the following types of scholarships based on your academic performance and financial situation:
- Merit-based scholarships
- Need-based scholarships
- Country-specific scholarships
- College-specific scholarships
- Student-specific scholarships
Finances
Most international students are obligated to show proof of sufficient funds to obtain a visa. While some students may have the opportunity to make use of scholarships, not all students cut the eligibility to get a scholarship or a grant. Moreover, not all scholarships cover 100% of your study abroad expenses. At such times, most students resort to acquiring education loans to avoid the financial hassles associated with studying at school. For Indian students, UniCreds is the ideal education loan marketplace if you’re looking for low-interest rates and free consultation services!
Accommodation
There are several student housing options available for students planning to attend the Carlson School of Management. You may select from a wide choice of affordable yet elegant student flats, residence halls, studios, ensuites, and more! You have the option of staying on campus in the school halls of residence or a private residence. Because of their proximity to the school, on-campus housing options may be ideal; nevertheless, they tend to fill up fast and are more expensive.
UniAcco simplifies the process of finding student housing and offers a variety of options. As a result, students can select from a wide range of available student accommodations near the school, such as luxury studios, en-suites, and shared apartments that are more inexpensive and student-friendly.
Cost of Living
Minneapolis is a vibrant and diverse city with plenty of opportunities for students. Student life in the city is diverse, dynamic, and full of opportunities for exploration, growth, and fun. Whether you're interested in arts and culture, sports, food, or the outdoors, Minneapolis has something for everyone. The overall cost of living in the city is 1% higher than the state average and 1% lower than the national average. The city is a good option for students planning to study in the USA as houses and rent are priced 8% lower than the national average. Below is a list of the expenses that prospective students should keep in mind -
|
Items |
Cost |
|
Off-Campus Accommodation |
$500 |
|
On-Campus Accommodation |
$950 |
|
Transportation |
$85 |
|
Food Cost |
$540 |
|
Utility Cost |
$144 |
|
Entertainment |
$48 |
|
Groceries |
$56 |
|
Clothes |
$124 |
|
Health Insurance |
$80 |
|
Total Cost of Living with Off-Campus Accommodation |
$1,577 |
|
Total Cost of Living with On-Campus Accommodation |
$2,027 |
|
Annual Cost of Living |
$24,324 |