Professional MBA Tuition & Aid

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

For many working professionals, pursuing an MBA is a significant investment of both time and resources. Carlson’s Professional MBA is designed to help you apply learning in real time while continuing to build experience and income throughout the program.

Professional MBA 2026-2027 Tuition

ProgramRate
Professional MBA$1,797/credit
Per Course$3,594 for a 2-credit course  
$5,391 for a 3-credit course  
$7,188 for a 4-credit course

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

Semester Fees

Fee TypeAmount
Carlson Fee$323/term (8 credits or fewer) or $726/term (9+ credits)
Transportation$77/term (Fall, Spring)
Safety$9 (Fall, Spring, Summer)

 

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 - Due upon admission, is applied toward tuition
Book & 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 Carlson's 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, contact One Stop Student Services for assistance.

 

Carlson Corporate Discount

Employees from partner companies will receive a tuition discount for the Professional MBA. The discount will apply for the duration of your program as long as you 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.


Carlson Graduate Assistant Pay Rates

Graduate Assistants play an important role in the University and the Minnesota Carlson community.

Graduate Labor Union - United Electrical, Radio and Machine Workers of America Local 1105 Eligible Positions

Labor Represented Graduate Appointments
LevelMinimum Hourly RateCriteria
1$28.93Graduate Assistants working for Minnesota Carlson who are not enrolled in a CSOM PhD program. Includes Master's level students and PhD students outside of Minnesota Carlson.
2$39.53PhD student enrolled in a Carlson PhD program.

Master's students interested in a Graduate Assistant position should search and apply for available opportunities through the UMN Jobs website.
 

Non Labor Represented Graduate Appointments at Minnesota Carlson

Non-Labor Represented Graduate Appointments
Job CodeJob Code TitleFY2027 Hourly Rate
9535Professional Program Assistant$23.53

Learn more about scholarship opportunities

Professional MBA Tuition & Aid FAQs

Tuition is charged at a single rate of $1,797 per credit hour. Since the degree requires 52 credits, the total tuition cost is approximately $93,444, which is subject to change and does not include University fees, books, or course materials.

Yes, we offer merit-based scholarships of 15%, with a limited number of 50% awards available. Applicants may be considered by completing a scholarship essay in the application. In addition, U.S. military members/veterans and employees of approved corporate partners are automatically eligible for a 15% tuition discount. Scholarships and discounts are non-transferable and may not be combined. Learn more about scholarship opportunities.

No. Due to the program's flexible modality, traditional teaching or research assistantships aren't offered. However, the flexible structure is designed to fit seamlessly into your busy professional life.

Yes, the program is eligible for employer tuition reimbursement benefits. Eligible U.S. citizens and permanent residents may also apply for federal and private loans by completing the Free Application for Federal Student Aid (FAFSA).

Contact Professional MBA