Annual Report 2024
From July 1, 2023, to June 30, 2024
School Statistics
Faculty Composition
| Faculty Type | Number |
|---|---|
| Tenured & Tenure-Track Faculty | 101 |
| Full-Time Instructional Staff | 45 |
| Total | 146* |
*50 Endowed Chairs & Professorships
| Program | Percentage (Fall 2023) |
|---|---|
| BSB | 96.4%* |
89%* | |
93%^ | |
98%# |
* Three months after graduation
# Four months after graduation
^ Six months after graduation
Undergraduate
| Category | Value |
|---|---|
| Applicants | 9,393 |
| Admitted | 2,887 |
| Enrolled | 700 |
| Female | 48.9% |
| Students of Color | 29.8% |
| Average Class Rank (percentile) | 88.1 |
| Average ACT | 28.8 |
| Location | Percent (Fall 2023) |
|---|---|
| Minnesota | 72% |
| Reciprocity | 15% |
| Other U.S. | 9% |
| International | 4% |
MBA, Full-Time/Management Science
| Category | Value |
|---|---|
| Applicants | 450 |
| Admitted | 206 |
| Matriculated | 72 |
| Female | 42% |
| Students of Color | 25% |
| Average Years of Work Experience | 5.5 |
| Median Undergraduate GPA | 3.46 |
| Median GMAT | 650 |
| Location | Percent (Fall 2023) |
|---|---|
| Minnesota | 56% |
| Other U.S. | 26% |
| International | 18% |
MBA, Part-Time and Online
| Category | Value |
|---|---|
| Applicants | 287 |
| Admitted | 258 |
| Matriculated | 184 |
| Female | 42% |
| Students of Color | 23% |
| Average Years of Work Experience | 7 |
| Median Undergraduate GPA | 3.44 |
| Median GMAT | 640 |
| Location | Percent (Fall 2023) |
|---|---|
| Minnesota | 85% |
| Other U.S. | 14% |
| International | 1% |
MBA, Executive
| Category | Value |
|---|---|
| Applicants | 48 |
| Admitted | 42 |
| Matriculated | 20 |
| Female | 30% |
| Students of Color | 50% |
| Average Years of Work Experience | 14 |
| Location | Percent (Fall 2022) |
|---|---|
| Minnesota | 80% |
| Other U.S. | 5% |
| International | 15% |
Financial Report
| Source |
|---|
| Tuition & Fees |
| One-time Funding |
| State Funding |
| Endowment Earnings & Gifts |
| Executive Education |
| Consulting, Grants & Contracts |
Total Revenues |
| Expenditures |
|---|
| Personnel |
| Central Administration Services |
| Operating Expenses |
| Research Salaries & Expenses |
| Scholarships |
| One-time Investments |
Total Expenses |
Strategic Plan
Carlson School Impact 2024
In 2023-2024, the Carlson School advanced key initiatives: deepening corporate and individual partnerships, implementing our new undergraduate curriculum, and initiating the planning process for Elevate, our 2025 Strategic Plan. Elevate aims to create a compelling, authentic vision for the school, fostering stakeholder ownership. Its goals include defining priorities, inclusive stakeholder engagement, and alignment with University of Minnesota strategies. This approach positions us to meet evolving business needs and shape a brighter future.
Faculty Department Chairs
Accounting
Professor Pervin Shroff
PhD, Columbia University
Finance
Professor Tracy Yue Wang
PhD, University of Maryland
Information & Decision Sciences
Professor Gautam Ray
PhD, Ohio State University
Marketing
Professor Kathleen Vohs
PhD, Dartmouth College
Strategic Management & Entrepreneurship
Professor Mary Benner
PhD, Columbia University
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
Mary Zellmer-Bruhn
Associate Dean of MBA and MS Programs
PhD, Organizational Behavior, University of Wisconsin
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
Senior Leadership
Connie Buechele
Director, Information Technology
Anne D'Angelo
Assistant Dean, MBA & MS Programs
PhD, University of Minnesota
Jessica Kowal
Assistant Dean, Institutional Advancement
James Plesser
Assistant Dean, Marketing & Communications
Michelle Wills
Director, Finance
Phil Miller
Assistant Dean, MBA and MS Programs
Jennifer Ninneman
Assistant Dean, Faculty Affairs and Administrative Services
Angela Spranger
Senior Diversity Officer
Nicholas Wallace
Assistant Dean, Undergraduate Program
PhD, University of Minnesota
Board of Advisors
* Carlson School Alumni
+ Other U of M Degree
# Executive Committee Member
Catherine Mathis*
Chair
Former SVP & COO
McGraw Hill
Mary Pat Blake*
Vice Chair
Founder & President
Blake Strategic Consulting
Whit Alexander*
Consultant
McKinsey & Company
Heather Anfang*
President of Dairy Foods and Executive Vice President
Land O’Lakes, Inc.
Angela Busch+
EVP – Corporate Strategy & Business Development
Ecolab Inc.
Smriti Canakapalli
Head of Strategy & Transformation
Cargill Animal Nutrition & Health
Heidi Capozzi*
EVP & Global Chief People Officer
CVS Health
Andrew Cecere*
Chairman, President & CEO
U.S. Bancorp
Robert L. Duffy*
Partner Emeritus
A.T. Kearney
Nicole Graves*
Global People Leader
Office of the CFO
Apple
Jason Grosz*
Ex-officio Member
Chair, CSOM Alumni Board & VP & Head of Global Talent Acquisition
Ecolab
Mike Happe*
President & CEO
Winnebago Industries
Ben Irby*
President
Snacks Operating Unit
General Mills
Eric Jing*
Chairman, President & CEO
Ant Financial Services Group
Michael Johnson+
Chairman
Johnson Brothers
Chris Koch*
Chairman, CEO & President
Carlisle Companies Inc.
Suresh Krishna
CEO & President
Northern Tool + Equipment
Tim LaLonde*
CFO & Sr. Managing Director
Investment Banking
Evercore
Beth Kieffer Leonard*
CPA, Partner in Charge - Minnesota
EisnerAmper Advisory Group LLC
Kathryn Marinello
President & CEO
PODS
Celeste Mastin
President & CEO
H.B. Fuller
Charles (Charlie) Montreuil*
SVP Human Resources
Enterprise Rewards
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*
CFO
Caliber Collision
Rick Olson*
Chair, President & CEO
The Toro Company
Linh Peters*
Former SVP, Chief Marketing Officer
Walgreens
Trevor Putrah*
CEO
KGPCo & Circet USA
Nii Quaye*
Managing Director
Vermilion Group
Peter Rainey*
CFO
UnitedHealthcare
Peter Rottier*
Managing Director
Summit Partners
Mark Schindele*
EVP & Chief Stores Officer
Target
Craig Schmidt*
Head of Enterprise & Oversight
Wells Fargo
Christy Sovereign*
Sr. Managing Director
Accenture
Jim Weber*
Former CEO
Brooks Running Company
Renae Welder*+
Tax Principal
Deloitte
Mike Zechmeister*
Former CFO
C.H. Robinson