Tuition, Scholarships & Financial Aid

An Executive MBA is an investment in yourself and your future. The skills, knowledge, and network you develop during the program will benefit you throughout your career. Plus, research consistently indicates the quality return on investment for EMBA graduates.

Tuition & Fees

Tuition varies yearly and is set by the Regents of the University of Minnesota each spring.

Tuition & Fee Type Cost
Fall 2022 cohort tuition $64,920 per year
($32,460 per semester)
Enrollment deposit $750
(non-refundable, not applied towards tuition)

Tuition and fees cover:

  • Costs for courses, workshops, events, and guest speakers
  • Textbooks and course material (downloadable case studies and readings)
  • Laptop with all required software preloaded
  • Continental breakfast, lunch, snacks, and coffee
  • Parking on class days
  • Immersion Week meals and parking

The following International Residency costs* are also included in tuition and fees:

  • Lodging
  • Ground transportation to and from all official visits and orientation dinners
  • Required group activities

*Airfare to and from the residency location and airport transportation is the student's responsibility and is not included in tuition and fees.


Funding your Executive MBA

When financing your education, several options exist.

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. To support building a diverse cohort of students, the Executive MBA program offers merit-based scholarships of up to $20,000 per year for well-qualified applicants from underrepresented populations and industries.

Scholarship Eligibility
You'll automatically be 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. 

Many companies understand the importance of supporting their employees’ professional growth and leadership development. Look into tuition reimbursement or similar programs at your place of work.

Financial support from your employer is not required to participate in Carlson’s Executive MBA program. However, you are required to secure organization support in the form of time off to attend class. Learn more about seeking employer support.

The University of Minnesota's Office of Student Financial Aid provides financial assistance in the form of need- and non-need-based university, federal, and private educational loans. Learn more about financial aid options.

The Office of International Student and Scholar Services (ISSS) is available to serve the University of Minnesota's international community regarding 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's FAFSA code: 003969.

The Carlson School of Management strives to ensure the business school is affordable for U.S. military veterans. We're proud to be recognized as the nation's top Military Friendly® graduate business school.

You may use your military and veterans education benefits for Carlson School's Executive MBA program. Under the Yellow Ribbon Program, you may also qualify for full Carlson School tuition and fees covered. To learn more, visit our Military Community webpage about using your education benefits.

The Carlson School offers military personnel and veterans scholarships. These are awarded based on merit, financial need, military affiliation, a program of study, and other considerations. Availability varies by program, and amounts may range from $1,000 to full tuition with a stipend for living expenses.

For more information on education benefits and tuition information for military veterans, visit our Military Community webpage.

We proudly offer a generous 25% employee discount for University of Minnesota faculty and senior-level staff who wish to enroll in the Executive MBA program. 

Asking for Employer Support

Crafting a case for education support from your organization calls for a detailed and thoughtful plan. We have curated some tips for asking your employer to support your program.

Read more tips

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