Full-Time MBA Tuition

The Full-Time MBA program has fixed tuition. The total program tuition will remain the same for the two consecutive years a student is in the program. 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.

Students are billed 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.

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.

  Minnesota Residents Non-Residents International Students
Tuition 2014-2015 $35,260 $45,000 $45,000
Books (estimate) $3,000 $3,000 $3,000
Health insurance $2,098 $2,098 $2,098
Student services fee $835.82 $835.82 $835.82
Collegiate & technology fee $1,160 $1,160 $1,160
MBA Association fee $150 $150 $150
Other fees (Graduate and Professional Student Assembly, stadium fee, and transportation fee) $228.36 $228.36 $228.36
Global Discovery fee - 2nd year only (not included in Total, see below) $2,900 $2,900 $2,900
International student fees     $318
Approximate Total Annual Cost* $42,732.18 $52,472.18 $52,790.18

Tuition Deposit

A non-refundable $1,000 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 a Global Discovery international experience 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. 

Other Costs

*The approximate total annual cost listed above does not include room or board. On average, room and board in the Twin Cities for one year is $14,000.