Annual Report 2026
From July 1, 2025, to June 30, 2026
School Statistics
Faculty Composition
| Faculty Type | Number |
|---|---|
| Tenured & Tenure-Track Faculty | 100 |
| Full-Time Instructional Staff | 46 |
| Total | 147 |
| Enrollment by degree program | Total # of Students |
|---|---|
| Undergraduate | 3,482 |
| Full-Time MBA/STEM MBA | 125 |
| Part-Time/Online MBA | 595 |
| Executive MBA | 56 |
| Global Executive Programs | 70 |
| Global Industry MBA | 40 |
| MS in Business Analytics | 61 |
| Business Taxation | 55 |
| Accountancy | 74 |
| MS in Finance | 73 |
| Master of Marketing | 30 |
| MS in Supply Chain Management | 18 |
| Human Resources & Industrial Relations | 86 |
| Global Doctor of Business Administration | 355 |
| PhD in Business Administration | 83 |
| Total | 5,203 |
| Program | Percentage (Spring 2026 Graduates) |
|---|---|
| Undergraduate | 95%* |
| Full-Time MBA/STEM MBA | 92%* |
| MS in Business Analytics | N/A until six months after graduation |
| MS in Finance | N/A until six months after graduation |
| Human Resources & Industrial Relations | N/A until six months after graduation |
* Three months after graduation
Financial Report
| Sources of Revenue* | FY25 | FY26 | % Change |
|---|---|---|---|
| Tuition & Fees | 111,143 | 120,379 | 8.3% |
| One-time Funding | 1,663 | 2,427 | 45.9% |
| State Funding | 12,432 | 8,677 | -30.2% |
| Endowment Earnings & Gifts | 22,477 | 23,617 | 5.1% |
| Executive Education | 2,800 | 2,590 | -7.5% |
| Consulting, Grants & Contracts | 4,500 | 4,646 | 3.2% |
| Total Revenues | 155,015 | 162,336 | 4.7% |
| Expenditures* | FY25 | FY26 | % Change |
|---|---|---|---|
| Personnel | 86,381 | 84,859 | -1.8% |
| Central Administration Services | 30,059 | 31,819 | 5.9% |
| Operating Expenses | 14,819 | 14,078 | -5.0% |
| Research Salaries & Expenses | 8,638 | 8,042 | -6.9% |
| Scholarships | 19,729 | 19,283 | -2.3% |
| Total Expenses | 159,626 | 158,081 | -1.0% |
Strategic Plan
Elevate, Minnesota Carlson Strategic Plan for 2025-27
The Carlson School of Management has developed Elevate, our strategic plan to provide a compelling, authentic, unique, and aspirational vision to usher the school into its next 100 years. Engaging the school’s stakeholders in an inclusive, comprehensive, six-phase process, Elevate identifies concrete priorities for the next three years to implement and advance that vision.
Faculty Department Chairs
Accounting
Professor Haiwen (Helen) Zhang
PhD, University of Minnesota
Finance
Professor Andrew Winton
PhD, University of Pennsylvania
Information & Decision Sciences
Professor Gautam Ray
PhD, The Ohio State University
Marketing
Professor Rohini Ahluwalia
PhD, The Ohio State University
Strategic Management & Entrepreneurship
Professor Aks Zaheer
PhD, Massachusetts Institute of Technology
Supply Chain Management & Operations
Professor Kingshuk Sinha
PhD, University of Texas-Austin
Work & Organizations
Professor Theresa Glomb
PhD, University of Illinois
Administration
Jamie Prenkert
Dean and Investors in Leadership Distinguished Chair
JD, Harvard Law School
School Leadership
Mary Benner
Associate Dean, Undergraduate Program
John and Nancy Lindahl, Professor for Excellence in Business Education
PhD, Management, Columbia University
Vladas Griskevicius
Associate Dean of Academic Innovation & Operations
Carlson Family Foundation Chair in Marketing
PhD, Psychology, Arizona State University
Stephen T. Parente
Associate Dean of Carlson Global Institute
Professor, Minnesota Insurance Industry Chair of Health Finance
PhD, Health Finance and Organization, Johns Hopkins University
Myles Shaver
Associate Dean of Faculty and Research
Curtis L. Carlson School-wide Chair in Corporate Strategy
Strategic Management & Entrepreneurship
PhD, International Business, University of Michigan
Mary Zellmer-Bruhn
Associate Dean of MBA and MS Programs
PhD, Organizational Behavior, University of Wisconsin
Senior Staff Leadership
Connie Buechele
Director, Information Technology
Geida Cleveland
Executive Director, Wellbeing, Empowerment, and Belonging
Steve Henneberry
Executive Director, Strategic Initiatives and Special Projects
Jiabei Kaiser
Assistant Dean, Executive Education
Phil Miller
Assistant Dean, MBA and MS Programs
Jennifer Ninneman
Assistant Dean, Faculty Affairs and Administrative Services
James Plesser
Assistant Dean, Marketing & Communications
Nicholas Wallace
Assistant Dean, Undergraduate Program
Michelle Wills
Director, Finance
Board of Advisors
* Minnesota Carlson Alumni
+ Other U of M Degree
# Executive Committee Member
Whit Alexander*
Chief Customer Officer
Tailored Brands
Heather Anfang*
President of Dairy Foods & Executive Vice
Land O’Lakes, Inc.
Ryan Aytay*
President and COO
Code Metal
Mary Pat Blake*#
Founder & President
Blake Strategic Consulting
Smriti Canakapalli
Head of Strategy & Transformation
Cargill Animal Nutrition & Health
Robert L. Duffy*#
Partner Emeritus
A.T. Kearney
Christ Galvin
Chairman and CEO
Anderson Corpor
Nicole Graves*
Global People Leader, Office of the CFO
Apple
Ben Irby*
President
Snacks Operating Unit
General Mills
Eric Jing*
Chairman & CEO
ANT Group
Michael Johnson+
CEO & Co-Owner
Johnson Brothers
Sherri Johnson*
Ex-Officio Alumni Board President; Senior Director
Ovative Group
Chris Koch*
Chairman, CEO & President
Carlisle Companies Inc.
Suresh Krishna
CEO & President
Protolabs
Note: Board of Advisors list accurate as of October 2026
Tim LaLonde*
CFO & Sr. Managing Director
Investment Banking
Evercore
Beth Kieffer Leonard*#
Former CPA, Partner in Charge - Minnesota
EisnerAmper Advisory Group LLC
Kathryn Marinello
President & CEO
PODS
Celeste Mastin
President & CEO
H.B. Fuller
Catherine Mathis*#
Former SVP & COO
McGraw Hill
Patrick McGinnis
EVP and Chief Revenue Officer
Best Buy Company, Inc.
Taylor Moore
Partner
Carlson Private Capital
Bennett Morgan
Former President & COO
Polaris Industries, Inc.
Wendy Nelson
CEO & President
Nelson United, LLC
Laura M. Newinski*
Deputy Chair & COO
KPMG in the U.S.
Judd Nystrom*
Chief Executive Officer
At Home Group, Inc.
Rick Olson*
Chair, President & CEO
The Toro Company
Linh Peters*
Enterprise Growth and Commercial Executive & Advisor
LPeters Consulting
Trevor Putrah*
CEO
KGPCo & Circet USA
Nii Quaye*#
Former Managing Director
Vermilion Group
Peter Rainey*
CFO
UnitedHealthcare
Peter Rottier*
Managing Director
Summit Partners
Craig Schmidt*
Head of Enterprise & Oversight
Wells Fargo
Dave Seidel*
Senior Vice President, Affinity Solutions
Securian Financial
Christy Sovereign*
Sr. Managing Director
Accenture
John Stern*
Vice Chair and CFO
U.S. Bancorp
Jim Weber*
Former Chairman & CEO
Brooks Running Company
Renae Welder*
Tax Principal
Deloitte
Mike Zechmeister*
Former CFO
C.H. Robinson
Shane Zutz
VP of Human Resources
DigiKey Electronics