Thursday March 3rd 2011

Which MBA?

University of Minnesota—Carlson School of Management

Founded in 1919, Carlson School of Management at the University of Minnesota is a big, full-range traditional US school with more than 3,500 students and over 100 faculty. It has strong links with the vibrant local business community, which is closely involved with the school and a keen recruiter. The school has ambitions to promote its global coverage (it has alumni in nearly 70 countries, for example) and is building international links. It has a strong commitment to experiential learning, which is a key part of all its MBA programmes.

Address

321 19th Avenue South

Minneapolis, MN

US

55455

Tel:

+1 612 625 5555

Fax:

+1 612 624 7876

E-mail:

ftmba@umn.edu

Website:

www.carlsonschool.umn.edu/mba

Programme director:

Edward J Joyce

Ranking	Rank (out of 100) Full-time
Overall rank	63
Regional rank	36

Criteria	Rank (out of 100) Full-time
Open new career opportunities	79
Diversity of recruiters	>100
Number in jobs three months after graduation	66
Jobs found through the careers service	47
Student assessment of careers service	37
Personal development and educational experience	51
Faculty quality	25
Student quality	64
Student diversity	68
Education experience	55
Increase in salary	65
Percentage increase in salary	52
Post-MBA salary	63
Potential to network	30
Breadth of alumni network	9
Internationalism of alumni	34
Alumni effectiveness	54

Facilities

The school is based in a 243,000 sq. ft building (opened in 1998) with excellent facilities, including 33 classrooms, 35 meeting rooms, a 180-seat lecture hall and a 250-seat auditorium. The Wilson Library is next to the business school, providing access to 500,000 publications as well as online databases and publications. On-campus accommodation is available.

	Full-time MBA	Part-time MBA
Student assessment of facilities	4.2 (79)	–

Faculty

Number of faculty: 137 full-time, 89 part-time
	Full-time MBA	Part-time MBA
Number of faculty per student	0.6 (30)	0.3
Percentage of faculty with PhD	98 (29)	98
Student rating of faculty	4.5 (35)	–

Programme highlights

Carlson’s two-year full-time MBA begins with an integrated core and personal development workshops. Semesters are divided into two seven-week terms. In the second semester students start work on electives, which can be grouped into career-based specialisations called Professional Portfolios. The second year consists of further electives, including the Enterprise Program, a chance for selected students to run their own businesses. Carlson is closely involved with the local business community and students meet executives throughout the programme.

The part-time MBA programme has a similar core, elective structure and content to the full-time version though the curriculum will be revised from the autumn 2010 entry. Classes are held once a week (Monday to Thursday evenings and Saturday) and students are allowed seven years to complete the programme, but most finish in about half that time.

The 21-month Executive MBA has a traditional structure. Classes meet on campus on Friday and Saturday every two weeks during term time. There are residential sessions at the beginning of each year and an overseas study trip at the end of the programme.

Carlson offers versions of the EMBA in co-operation with local partners in Guangzhou, China, Vienna and Warsaw.

	Full-time MBA	Part-time MBA
Student rating of programme	4.2 (63)	–
Overseas exchange places available (% of intake)	100 (1)	–
Number of languages on offer	6 (1)	–

Students

	Full-time MBA	Part-time MBA
Annual intake	104	353
Applicants:places	5:1	2:1
Percentage of women students	36 (94)	33
International diversity score	28 (27)	13
Average GMAT score	683 (29)	622
Average number of years' work experience	4 (>100)	6
Age range of students	25-34	26-35
Average age	28	28
Student rating of culture and classmates	4.0 (80)	–

EU	1%
Non-EU Europe	2%
North America	78%
Other Americas	0%
Asia/Australasia	18%
Africa/Middle East	1%

Recruiters/careers service

	Full-time MBA	Part-time MBA
Number of industry sectors that recruited graduates	5 (>100)	–
Percentage of graduates in jobs 3 months after graduation	78 (82)	–
Percentage of graduates finding jobs through careers services	70 (36)	–
Student rating of careers service	3.8 (37)	–
Post-MBA salary ($)	92,601 (54)	–
Percentage increase in salary	46 (75)	–
Principal recruiters of graduates	Cummins Inc, Deloitte, General Mills	–

Cost

	Full-time MBA	Part-time MBA
Application fees	$60; $90	$60; $90
Programme fees	$27,520; $36,450	$1,060
Comments	US; international (programme fees are per year)	US; international (programme fees are per credit)
Accommodation costs (on campus, per year)	n/a	–
Accommodation costs (off campus, per year)	$9,600	–
Financial aid available	–	–
Type of aid available	Scholarships	–
Criteria on which aid is granted	Merit	–

Application details

	Full-time MBA	Part-time MBA
Application deadline	Apr 1st	May 1st
Programme dates	Aug start, 22 months	Aug start, 43 months
Admission requirements	First degree; 2 years’ work experience; GMAT; TOEFL, IELTS or PTE; 2 references; 4 essays; interview; laptop	First degree; 2 years’ work experience; GMAT; TOEFL, IELTS or PTE; 2 references; 4 essays