Online MBA Tuition & Aid

The Carlson MBA Program provides academic grounding, hands-on experience, and global connections that can translate into new opportunities and long-term career growth. The cost of your education is determined by the number of credits you need to graduate. Graduation credit requirement is 52 credits.

Online MBA 2023-2024 Tuition and Fees

Fee TypeAmount
Per Course$3,440 for a 2-credit course    
$5,160 for a 3-credit course    
$6,880 for a 4-credit course

Note about tuition and fees: These figures do not reflect student fees, books, course materials, or other incidental costs such as parking. Tuition levels are set by the Board of Regents in July of each year. Rates are subject to yearly increases.

Semester Fees

Fee TypeAmount
Collegiate fees$290 (8 credits or less); $580 (9 credits or more)

Additional Costs

Fee TypeAmount
Academic records$150 - A one-time academic records fee will be charged to all students during the first semester of the program.
Tuition deposit$200 - Candidates will pay a non-refundable tuition deposit after confirming attendance. 
The fee will later be applied to the student's University tuition bill. All Online MBA candidates are required to attend an in-person orientation at the kick-off of the program. Lodging can be provided to students at their own expense.
Books & course materials$200/class (approximately) - The estimated cost of books and course materials


Financial Aid

Some employers offer reimbursement programs for employees who enroll in the Carlson MBA Program. To cover additional expenses, the University of Minnesota's office of student financial aid provides federal educational loan programs.

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, One Stop Student Services for assistance.


Carlson Corporate Discount

Employees from partner companies will receive a tuition discount for the Online MBA. The discount will apply for the duration of their program as long as they remain employed at a corporate discount partner company. Your employment with a corporate partner will be verified at the time of enrollment. Inform us promptly of any changes in your employment status to ensure accurate verification. Learn more.

Ask Your Employer to Support Your MBA

You'll likely need to secure support from your employer if you decide to pursue an online MBA degree. Learn how to ask your employer to for support.

Affording your Online MBA

Contact - Online MBA