Tuition, Scholarships & Financial Aid

Funding your Executive MBA

An Executive MBA from the Carlson School of Management is an investment in you. Here are a few options for financing your education:

Tuition for the cohort entering in Fall 2022 is $64,920.00/year. There is also a $750 non-refundable confirmation fee due upon acceptance. This fee is not part of the total tuition. 

The comprehensive fee covers:

  • Tuition
  • Books and course materials (e-coursepacks)
  • Meals
  • Parking on class days
  • Laptop with any required software pre-loaded
  • Graduation fees
  • During the two immersion weeks:
    • lodging
    • parking
  • During international residency:
    • lodging
    • transportation to and from official visits in the country
    • required group activities
    • Airfare to and from the residency location and airport transport is NOT covered and is the responsibility of the student

The Carlson School of Management is committed to fostering a diverse, inclusive community that encourages all to reach their full potential through learning, working, and service. By enhancing and sustaining an ethical, culturally-grounded, and anti-racist institution, we will equip the leaders of tomorrow to live the values of “business as a force for good.”

To support building a diverse cohort of students, the Executive MBA program has merit-based scholarships of up to $20,000 per year available for well-qualified applicants from underrepresented populations and industries. Applicants will be automatically considered for scholarships as part of the application and interview process. Scholarships are not guaranteed and we recommend candidates apply as early as possible if they wish to be considered. May 15th is the priority application deadline for Fall 2023 scholarship consideration.

The University of Minnesota office of student financial aid provides need- and non-need-based university, federal, and private educational loans. Executive MBA students are not eligible for fellowships or scholarships. More information can be found here:  https://onestop.umn.edu/finances/apply-financial-aid

To apply for financial aid, complete the Free Application for Federal Student Aid (FAFSA). You may complete it anytime; the University will process the application after you have been admitted. The University of Minnesota FAFSA code is 003969.

If you have questions about loan programs, contact One Stop Financial Aid or contact James Parker:  j-park1@umn.edu.

The office of International Student and Scholar Services (ISSS) is also available to serve the University of Minnesota's international community.

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