Top MBA Programs in Minnesota: Best Colleges & Universities for Business Leaders
Why Pursue an MBA in Minnesota?
Minnesota is home to renowned business schools offering high-quality MBA programs designed to enhance leadership, management, and analytical skills. With Fortune 500 companies like Target, 3M, General Mills, and UnitedHealth Group headquartered in the state, Minnesota provides strong networking and job placement opportunities for MBA graduates.
Whether you’re looking for full-time, part-time, executive, or online MBA programs, this guide highlights the best MBA programs in Minnesota to help you choose the right fit.
Top MBA Programs in Minnesota
Best MBA Programs in Minnesota
Carlson School of Management – University of Minnesota
Location: Minneapolis, MN
Website | Scholarships & Financial Aid
The Carlson School of Management at the University of Minnesota is the top-ranked MBA program in the state and one of the best in the Midwest. It is known for its strong corporate partnerships, hands-on experiential learning, and global immersion programs.
Key Features:
- Programs: Full-Time MBA, Part-Time MBA, Executive MBA, Online MBA
- Specializations: Finance, Marketing, Healthcare, Supply Chain, Data Analytics, Entrepreneurship
- Corporate Connections: Strong ties with Fortune 500 companies
- Experiential Learning: “Enterprise Programs” providing real-world consulting experience
The Carlson MBA is ideal for students looking for a nationally recognized business education with strong career outcomes.
University of St. Thomas – Opus College of Business
Location: St. Paul, MN
Website | Scholarships & Financial Aid
The Opus College of Business at the University of St. Thomas offers flexible MBA options with a focus on ethical leadership and business innovation.
Key Features:
- Programs: Full-Time MBA, Part-Time MBA, Online MBA, Executive MBA
- Specializations: Healthcare, Leadership, Finance, Digital Transformation
- Flexible Learning: Evening, weekend, and online courses
- Career Support: Strong industry connections and alumni network
This program is ideal for working professionals seeking career advancement without disrupting their current jobs.
Hamline University – MBA Program
Location: St. Paul, MN
Website | Scholarships & Financial Aid
Hamline University offers an MBA designed for professionals looking to enhance leadership skills and business expertise.
Key Features:
- Programs: Part-Time MBA, Online MBA
- Specializations: Business Strategy, Finance, Organizational Leadership
- Flexible Schedule: Evening and online courses available
- Career-Focused Curriculum: Hands-on learning and executive mentoring
This MBA is a great choice for professionals balancing work, life, and education.
Minnesota State University, Mankato – College of Business
Location: Mankato, MN
Website | Scholarships & Financial Aid
Minnesota State University, Mankato offers an affordable, AACSB-accredited MBA with a strong emphasis on practical business applications.
Key Features:
- Programs: Traditional MBA, Online MBA, Executive MBA
- Specializations: International Business, Healthcare Administration, Data Analytics
- Affordability: Competitive tuition rates
- Career Advancement: Strong ties to Minnesota’s business community
This program is ideal for students seeking a high-quality, cost-effective MBA with diverse learning options.
Metropolitan State University – MBA Program
Location: St. Paul, MN
Website | Scholarships & Financial Aid
Metropolitan State University offers an MBA program focused on real-world business skills and leadership development.
Key Features:
- Programs: Traditional MBA, Online MBA
- Specializations: Marketing, Leadership, Operations Management
- Flexible Learning: Evening, hybrid, and online options available
- Career Support: Partnerships with Minnesota-based businesses and industries
This MBA is perfect for working professionals looking to advance in leadership roles.
Concordia University, St. Paul – MBA Program
Location: St. Paul, MN
Website | Scholarships & Financial Aid
Concordia University’s MBA program emphasizes practical business knowledge, leadership, and ethical decision-making.
Key Features:
- Programs: Online MBA, Hybrid MBA
- Specializations: Finance, Leadership, Marketing, Healthcare Management
- Flexible Coursework: 100% online or hybrid learning
- Affordability: Competitive tuition with financial aid options
This program is ideal for professionals seeking an online MBA with a strong leadership focus.
Choosing the Right MBA Program in Minnesota
Each MBA program in Minnesota offers unique advantages, depending on career goals and lifestyle preferences.
Best MBA Programs for Different Needs:
- Best Overall MBA Program: Carlson School of Management (University of Minnesota)
- Best for Flexible & Online Learning: University of St. Thomas Opus College of Business
- Best Affordable MBA: Minnesota State University, Mankato
- Best for Working Professionals: Hamline University & Metropolitan State University
- Best Leadership-Focused MBA: Concordia University, St. Paul
Whether you’re looking for a top-ranked MBA with corporate connections, a flexible part-time program, or an affordable online option, Minnesota has excellent choices for aspiring business leaders.
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