Online MBA Programs in Minnesota
Minnesota is known as the land of many lakes, countless festivals, and fairs, and of course, the Minnesota Vikings. Minnesota also has a number of fantastic accredited online MBA programs – plus, many offer a variety of concentration options. To help you speed up your search, we have put together a list of all online MBA programs in Minnesota.
So, take a look and begin your online MBA journey here!
Best Online MBA Programs in Minnesota
These are online MBA programs in Minnesota that let you complete your MBA without quitting your job. Choosing a school with accreditation ensures you get world-class teaching and curriculum, as well as a degree that is well-respected by employers.
1. University of St. Thomas-Minnesota
This university offers an AACBS-accredited Online Mini MBA Program run by its Opus College of Business in Executive Education. This program is considered a mini online MBA in Minnesota, which mirrors the on-campus program offered here. The MBA program is for professionals who want to improve their career prospects or move up into a management or leadership role at their company. This Mini online MBA is also ideal for those who are looking to switch careers. The Z-Class Business Simulation is a special feature of this program, which leverages gaming elements and encourages competition to simulate running a business.
Students can complete UST’s Online Mini MBA in three ways: by taking 14 sessions in five consecutive days, by taking two sessions each week for seven weeks, or by taking one session per week for 14 weeks.
Students will have access to over 100 recorded lectures, over 30 discussion topics, 14 self-tests, ten exercises, three3 case studies, three assessments, and an eight-hour simulation project.
MBA Programs in Minnesota
Not all MBA programs are created equal. Some are accredited, but others are not. Accreditation is important because it means that the program’s curriculum and professors have been vetted by a neutral external body, who has thoroughly evaluated its practices and learning outcomes. Here is a list of ALL accredited business schools in Minnesota, including details about the curriculum and core concentrations. You should review the following school profiles and explore each school’s website to find one that best fits your needs.
The seven MBA programs in Minnesota listed below are in alphabetical order.
1. Minnesota State University Moorhead
The Minnesota State University Moorhead’s MBA program offered online or in a hybrid format has been accredited by the AACSB. The University’s Paseka School of Business runs this program, consisting of 37 credits, 22 of which are core courses. In addition to its regular MBA program, the Paseka School also offers an MBA with a Healthcare Management degree. The MBA with a Healthcare Management degree offers a special curriculum combining resources from the Department of Health Services Administration, the Department of Economics, and the Paseka School of Business.
Core Program Courses
Marketing Management, Managerial Accounting, Financial Management, Human Resource Management, Organizational Behavior, Operations Management, Portfolio/Plan B (taken during the final semester), and Strategic Management.
Program Concentration Options
Quantitative Methods, Entrepreneurship, International Marketing, Project Management, and Investments.
2. Minnesota State University, Mankato/Twin Cities
Minnesota State University offers an AACSB-accredited MBA that can be customized to suit your needs. This is a 34 credit MBA with international study opportunities, full-time faculty, and seasoned executives’ lectures. MSU’s MBA program also offers all students a subscription to The Wall Street Journal via a unique partnership with that news publication.
A significant advantage of this MBA is that it is flexible and can set your own pace. Classes meet one evening per week for eight weeks, and up to two eight-week sessions can be completed in a semester. You should be able to complete your MBA in about two years at an average pace.
Core Program Courses
Legal and Ethical Environment of Business, Accounting for Managers, Investment and Financial Decisions, Developing Human Resources, Information Technology and Systems Management, Managing Behavior in a Changing World, Managing Service, and Manufacturing Operations.
Strategy Courses: Global Business Strategy, Marketing Strategy, Executive Seminar, and Strategic Management and Business Policy.
Program Concentration Options
Leadership and Organizational Change, International Business, and Healthcare Management.
3. St. Cloud State University
The Herberger School of Business offers two AACSB accredited program formats: the Flexible MBA and the Cohort MBA.
The Flexible MBA – This is a full-time, or part-time MBA offered only at St. Cloud and open to students with an undergraduate degree but no work experience. The full-time option will allow you to earn your degree in 16 months, while the part-time option will allow you to complete it in 26 months. You will need a total of 36 credits to complete the program.
The Cohort MBA – This is a part-time program at Maple Grove and St. Cloud. This MBA in Minnesota is for people with three-to-five years of working experience. Students in the Cohort program attend class one night each week for 26 months. Classes are small and usually consist of 20 to 25 students. You need to complete a total of 36 credits for the MBA.
4. University of Minnesota
The University’s Carlson School of Management offers several MBA options. This B-School started in 1919. It received AACSB accreditation in 1920.
Executive MBA – This program is for mid-to-senior-level management professionals with an average of 14 years experience. You can complete this MBA in 20 months by attending class on alternate weekends.
Industry MBA – This is a one-year program providing a strong business foundation to graduates. This MBA is specifically for current or ex-congressional employees and those interested in healthcare, technology, finance, or the energy industry.
Full-Time MBA – This is a two-year MBA made for professionals with an average of four years of experience. During their time in the program, some students work on critical projects for reputable businesses through the Enterprise Program.
Part-Time MBA – This is a flexible, fast-track MBA program designed for working professionals. The classes take place online, and students have the opportunity to work with actual business clients as part of this MBA program.
Apart from these, the B-School also has the following full-time dual degree programs: Juris Doctor/MBA, Master of Healthcare Administration/MBA, Master of Public Policy/MBA, Medical Doctor/MBA, and Doctor of Pharmacy/MBA.
5. University of Minnesota Duluth
The Labovitz School of Business and Economics offers an AACSB-accredited MBA. You can complete this program at the School’s Duluth and Rochester campuses. This MBA is a flexible program designed for working professionals. You can take as many courses as you can manage each semester, which means that some students may complete the program in as little as two years. Others will take up to five years to complete the program.
A total of 32 credits are required for this MBA if you complete the prerequisites before starting the program. At Duluth, the B-School offers evening classes. The Rochester location offers a weekend Executive MBA. The schedules vary for each location so make sure the plan aligns with your availability by reviewing the website.
Core Program Courses
Management Accounting, Operations Management, Financial Management, Marketing Management, Management of Human Resources, Managerial Economics, Data Analysis & Statistics for Managers, Business Ethics, and Business Policy (Capstone course).
6. University of St. Thomas – Minnesota
At this university, the Opus College of Business offers four AACSB-accredited programs. The B-School was established at the University in 1895, and it includes the Schulze School of Entrepreneurship, which trains students to create successful startups.
Full-time MBA – This 21-month program consists of daytime classes. If you are a professional with around four years of experience and want to do a traditional MBA, this program may be for you.
Evening MBA – This program is for professionals who average around seven years of experience. The program can be completed in as little as three years or as many as seven years. The classes take place in the evening.
Executive MBA – This is a 21-month program that you can do part-time. Classes take place for full days on Fridays and Saturdays. Professionals in this program have an average of over ten years of experience. You do not need a GRE/ GMAT score to enroll in this program.
Healthcare MBA – If you want to specialize in the healthcare field, this 21-month hybrid MBA program could be a good fit for you. Classes are taken online with one three-day on-campus residency during each term. Professionals in this program hold an average of 13 years of experience. GMAT scores are not mandatory for acceptance into the program.
7. Metropolitan State University
This is an AACSB-accredited program offered in a regular classroom format and a hybrid online plus classroom format. In the hybrid online plus option, classes meet every alternate week, and students complete online work between classes. This MBA can be completed in five years.
General MBA – You have to complete a total of 40 credits for this program, which is divided into three phases. Phase 1 covers functional business disciplines, Phase 2 covers elective courses, and Phase 3 covers the capstone course and synthesis.
Program Concentration Options
Project Management, Management Information Systems, and Finance.
Minnesota MBA Salary and Job Outlook
In Minnesota, the most thriving industries are manufacturing, green technology, and data centers. In addition to these, healthcare is another strong industry in the state. Are you interested in a career in the alternative energy field or transportation and utilities? Minnesota has many opportunities for you because these are growing industries here. Many traditional industries, including finance, insurance, and call centers, also have a strong presence here, ensuring that job opportunities are abundant for management professionals.
Within the state, the Minneapolis-St. Paul area is the most bustling commercial hub. Well-known businesses, including U.S. Bancorp, Target, 3M, and Medtronic, have also made their homes in the greater Minneapolis-St. Paul area.
MBA Salaries in Minnesota
Is one of your primary reasons to do an MBA improving your earning potential? If yes, here is some exciting information for you.
Minnesota Salaries with an MBA
- Chief Executives can expect to earn between $77,000 and $182,200+ in Minnesota.1
- Advertising and Promotions Managers can expect between $62,000 and $174,300.1
- Managers, Other category candidates can expect between $62,900 and $174,900.1
- Medical Health Service Managers can expect between $56,300 and $155,200.1
- General, Operations Managers can expect between $45,600 and $186,900.1
- Finance Managers can expect between $69,900 and $187,200+.1
- Human Resource Managers can expect between $61,200 and $172,500.1
MBA Schools in Minnesota Salaries
- Complete one of the best online MBA Programs in Minnesota or complete an on-campus MBA here. With these degrees, you can expect to earn between $50,000 and $157,000.2
- The mean salary in Minneapolis is about $66,490. In Eden Prairie, the mean salary is $63,637. In Bloomington, it is $57,890.2
- Getting your MBA from the University of Minnesota (Twin Cities)? You can expect to earn about $67,555 starting out.3
- An MBA from the University of Minnesota Carlson School of Management has more value. It can get you a starting salary of $86,900.3
- With an MBA from Minnesota State University (Mankato), you can earn about $64,472.3
- An MBA from the University of Wisconsin may get you a starting salary of $67,189.3
Other Popular Online MBA Program Pages
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- Online MBA Programs in North Dakota
- Online MBA Programs in South Dakota
2. Payscale.com, Average Salaries in Minnesota: http://www.payscale.com/research/US/State=Minnesota/Salary
3. Payscale.com, Top Schools in Minnesota by Starting Salary Potential: http://www.payscale.com/college-salary-report/best-schools-by-state/grad/minnesota