The Best MBA Schools in Minnesota – Online, Fast, and Affordable Programs

Minnesota has a thriving business landscape, with key industries such as healthcare, finance, technology, and manufacturing driving the state’s economy. Major employers like Mayo Clinic, Target Corporation, and 3M provide many career opportunities for business professionals. Earning an online MBA from an accredited business school in Minnesota can open doors to leadership roles in these high-growth industries.

According to the Minnesota Department of Employment and Economic Development, the state continues to see job growth in business management and financial operations, making an MBA a valuable investment for career advancement. With a strong job market and high quality of life, Minnesota is an excellent location for professionals looking to further their education.

Online Master of Business Administration programs in Minnesota offer flexibility, allowing students to specialize in fields such as MBA in Data Science, MBA in Technology Management, and MBA in Sustainability and Environmental Management while maintaining full-time employment.

Home > Schools > Minnesota

Minnesota MBA Schools, Programs and Tuition Snapshot

Metric	Details
Total Programs	10
Average Tuition Range	$40,000 – $80,000
Online Availability	5 fully online options
Most Popular Specialties	Finance, Marketing, Management
Top-Ranked School	University of Minnesota (Carlson School of Management)
Projected Job Growth	Positive

Disclaimer: The information provided in this table is for general guidance only and is based on publicly available data and projections. Tuition costs, program availability, and job growth rates can change over time. We encourage prospective students to conduct their own research, verify details directly with universities, and consult official sources before making any educational or career decisions.

2025 – Best Online Master of Business Administration Degree Programs in Minnesota

An online MBA from a Minnesota university equips students with leadership, analytical, and strategic decision-making skills. These programs offer flexible learning formats and career-driven curricula for professionals seeking upward mobility in the business world.

Minnesota universities emphasize faculty mentorship, networking opportunities, and career support services. Whether pursuing a general MBA or a specialized track in supply chain management, finance, or data science, students can find programs that align with their career goals.

Selecting the right online MBA program requires evaluating accreditation, faculty expertise, and industry connections. Minnesota’s universities offer well-respected programs to prepare graduates for leadership roles across various industries.

Learn more about our methodology

What Are the Fastest MBA Programs in Minnesota?

Accelerated MBA programs in Minnesota allow professionals to complete their degrees in as little as a year, providing a fast track to leadership roles.

Benefits of Accelerated MBA Programs:

Earn an MBA in 12-18 months
Minimize tuition costs and time away from work
Quickly gain leadership skills for career growth

Shortest Online MBA Programs in Minnesota:

School Name	MBA Program Specialty	Program Length	Format
University of Minnesota (Carlson)	Business Analytics	12 months	Online
University of St. Thomas	General MBA	14 months	Online
Minnesota State University	Finance	16 months	Online

To explore additional options, visit Fastest MBA Programs.

What Are the Cheapest MBA Programs in Minnesota?

Minnesota offers budget-friendly MBA programs that deliver a high return on investment.

Advantages of Affordable MBA Programs:

Lower tuition costs compared to many out-of-state alternatives
Strong career ROI for long-term success
Access to renowned faculty and networking opportunities

Most Affordable Online MBA Programs in Minnesota:

School Name	MBA Program Specialty	Tuition Range	Format
St. Cloud State University	General MBA	$11,000 – $15,000	Online
Metropolitan State University	Supply Chain	$13,500 – $17,500	Online
Minnesota State University	Marketing	$14,500 – $18,500	Online

To explore additional options, visit Cheapest MBA Programs.

Are There Online MBA Program Options in Minnesota?

Minnesota provides various online MBA programs that allow working professionals to balance education with their careers.

Pros and Cons of Online MBA Programs:

Pros	Cons
Flexible learning schedules	Limited face-to-face networking
Continue working while studying	Requires strong self-discipline
Often more affordable than on-campus	Some employers prefer traditional MBAs
Access to national and global networks	Fewer on-campus career services

What Are the Admissions Requirements for MBA Programs in Minnesota?

Admissions requirements vary by program, but most universities evaluate applicants based on academic background, work experience, and leadership potential.

Pros and Cons of MBA Admissions Requirements:

Pros	Cons
Bachelor’s degree required	Some applicants may need prerequisite coursework
GMAT/GRE waivers available	Some programs still require standardized tests
Work experience preferred	Competitive programs may have limited seats
Career support available	Application fees may be costly

Common Admissions Requirements:

Bachelor’s degree from an accredited institution
GMAT/GRE scores (waivers available for experienced professionals)
Work experience (preferred but not always required)
Personal statement outlining career goals
Letters of recommendation from academic or professional references
Application deadlines vary by institution

Popular MBA Specialties in Minnesota

Minnesota’s dynamic business environment fosters demand for specialized MBA programs tailored to industry needs.

In-demand MBA concentrations in Minnesota:

MBA in Business Analytics – Companies leverage data-driven insights to improve decision-making.
MBA in Supply Chain Management – Minnesota’s logistics and manufacturing industries require skilled professionals.
MBA in Healthcare Management – This specialization prepares graduates for leadership roles with growing healthcare systems.
MBA in Finance – Designed for professionals seeking investment banking, corporate finance, and financial planning careers.
MBA in Technology Management – Ideal for professionals in Minnesota’s thriving tech sector.

Your Next Step Toward an MBA in Minnesota

An MBA in Minnesota can elevate your career, enhance earning potential, and provide critical leadership skills. Whether you’re looking to transition into a new industry, start your own business, or move into executive leadership, Minnesota’s top online MBA programs offer the flexibility and expertise necessary for success.

Start researching programs, preparing applications, and exploring financial aid options to take the next step toward achieving your career goals.

Sources

Minnesota Department of Employment and Economic Development
U.S. News & World Report MBA Rankings
University of Minnesota Carlson School of Management
University of St. Thomas Opus College of Business
Minnesota State University College of Business