Carlson School of Management

Full-Time MBA Tuition

The Full-Time MBA program has fixed tuition, billable to students in four equal installments at the beginning of each semester of the program. In addition to the tuition, students are billed for other education-related expenses each semester.

Tuition is set and updated annually by the University Regents, typically each July. Final tuition amounts for each upcoming year will be updated as they become available.



2014–2015 Tuition
Minnesota residents $35,260
Non-residents $45,000
Other Education-Related Costs
Books $3,000 (estimate)
Health insurance $2,098.00
Student services fee $835.82
Collegiate & technology fee $1,160.00
MBA Association fee $150.00
Other fees (Graduate and Professional Student Assembly, stadium fee, and transportation fee) $228.36
Global Discovery fee - 2nd year only $2,900.00
International student fees (for international students only) $318.00
Approximate Total Annual Cost
Minnesota residents $42,732.18
Non-residents $52,472.18
International students $52,790.18

Average cost of living in the Twin Cities for one year is $14,000.



The total program tuition will remain the same for the two consecutive years a student is in the program.

Costs are estimates for the 2014–2015 year over 12 months. For full details of tuition costs, please visit One Stop. Financial aid is calculated only on expenses incurred in fall and spring semesters.

A non-refundable $1000 tuition deposit is required to confirm your intention to enroll in the MBA program and is applied toward the first academic term. This deposit is paid in two installments, the first at the time of admission, and the second as a reconfirmation deposit due by July 1st.

Global Discovery:

The MBA curriculum requires that students participate in an international experience (Global Discovery) in January of the second year of the program. The 2014-2015 fee for the Global Discovery program is $2,900, and is not included in the Approximate Total Annual Cost above. Tuition for 3 credits is included in the tuition plateau. The Global Discovery fee is billable to students in two equal installments during fall and spring semester of the second year of the program. This fee covers partner institution lectures, corporate visits, in-country transportation, visa documentation fees, lodging, breakfast daily, some group meals, and international travel, health and security insurance. International airfare, other meals and personal expenses are not covered by the course fee.

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