Full-Time MBA Tuition

Our Office of Admissions and Financial Aid works with you to identify potential sources of financial assistance. 

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 2020-2021 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 $40,800 $52,248 $52,248
Books (estimate) $3,000 $3,000 $3,000
Health insurance $2,796 $2,796 $2,796
Student services fee $917.24 $917.24 $917.24
Collegiate & technology fee $1,160 $1,160 $1,160
Other fees (Graduate and Professional Student Government, stadium, transportation, & Capital Enhancement fees) $246.76 $244.76 $246.76
Global Experience  (not included in Total, see below) varies varies varies
International student fees     $378
Approximate Total Annual Cost* $47,829.74 $59,109.74 $59,487.74



Academic Records Fee



A one-time academic records fee of $150 will be charged to all students during the first semester of the program. This fee is not included in the approximate total annual cost above.


Tuition Deposit

A non-refundable $1,500 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, $1,000 at the time of admission and $500 as a reconfirmation deposit due by July 1st.


Global Experience

All students embark on an international experience to develop essential business skills required for success in a global economy. Customize your experience by choosing the destination, format, and duration that fits you. Global Experience fees can vary. Costs can be found in the Program Finder feature when you select a trip. 


Optional Costs

  • MBA Student Club Fee (Optional but strongly encouraged, covers 2 full years of MBA club and event participation): $450
  • MBA Student Partner Fee (Optional but strongly encouraged, covers 2 full years of partner participation in MBA events): $150


Personal Expenses Estimated Costs

*The approximate total annual cost listed above does not include:

  • Room and board in the Twin Cities for one year is approximately $14,000
  • Transportation for one year is approximately $1,000
  • Personal/ Miscellaneous is approximately $2,000


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