7 Best Business Schools in Minnesota (Benefits, FAQs)

Minnesota, a state known for its thriving business environment and innovation-driven economy, offers many exceptional opportunities for aspiring business professionals

Choosing the right business school is vital to achieving your career goals and significantly impacting the business world. 

Discover the institutions that can equip you with the knowledge, skills, and network necessary to thrive in Minnesota’s dynamic business realm.

In this article, we will delve into the top business schools in Minnesota renowned for their academic excellence, industry connections, cutting-edge programs, and commitment to student success. 

Why Choose Business Schools in Minnesota

1. Thriving Business Environment

Minnesota boasts a bustling business landscape with diverse industries, including healthcare, technology, manufacturing, finance, and more. 

Choosing a business school in Minnesota allows you to tap into this dynamic and robust business ecosystem.

It also provides ample opportunities for internships, networking, and future career prospects.

2. Industry Connections

Many business schools in Minnesota foster strong connections with local businesses and industry leaders. 

These connections provide invaluable networking opportunities, guest lectures, internships, and potential employment prospects.

This helps you build a robust professional network and gain real-world business experience.

3. Academic Excellence

Minnesota is home to renowned universities and colleges for their academic rigor and excellence. 

Business schools in the state offer high-quality education with experienced faculty, cutting-edge curriculum, and innovative teaching methods, ensuring you receive a top-notch business education.

4. Innovation and Entrepreneurship

Minnesota has a rich culture of innovation and entrepreneurship, with a thriving startup ecosystem. 

Business schools in the state often emphasize innovation, creativity, and entrepreneurial thinking, encouraging students to develop their business ideas and ventures.

5. Work-Life Balance

Minnesota is known for its high quality of life, and good hostels with nice bedframes, offering a balanced blend of urban amenities and natural beauty. 

Choosing a business school in Minnesota allows you to enjoy vibrant city life and access to outdoor activities, lakes, parks, and a strong sense of community.

6. Diversity and Inclusion

Minnesota embraces diversity and fosters an inclusive environment. 

Business schools in the state prioritize creating a diverse student body, promoting multicultural perspectives, and preparing graduates to navigate a globalized business world.

7 Best Business Schools in Minnesota

1. The Carlson School of Management

The Carlson School of Management is situated within the prestigious University of Minnesota – Twin Cities, it stands as one of the best business schools in Minnesota. 

With a rich history dating back to 1920, the Carlson School offers various undergraduate, graduate, and executive education programs to nurture future business leaders.

The school’s comprehensive curriculum covers various disciplines, including business administration, accounting, human resources, and industrial relations. Additionally, the 

Carlson School offers dual-degree programs, enabling students to combine their business education with law, medicine, public health, and public affairs.

Renowned for its academic excellence, the Carlson School holds accreditation from the Association to Advance Collegiate Schools of Business (AACSB). 

Furthermore, its global reach is exemplified through executive education programs hosted both domestically and abroad, fostering a well-rounded and globally-minded approach to business education.

2. The Opus College of Business 

The Opus College of Business is located in St. Paul and Minneapolis at the University of St. Thomas; this private Roman Catholic university offers outstanding business education to its students. 

Named in honor of Gerald Rauenhorst, an esteemed alumnus and founder of The Opus Group, the college embraces a commitment to excellence. 

In addition to its traditional degree programs, the Opus College of Business provides over 200 lifelong learning opportunities. 

Through their Executive Education and Professional Development division, they offer specialized programs in various industries, including leadership, marketing, finance, and healthcare. 

With a focus on interactive learning, case studies, and individual coaching, the Opus College of Business nurtures the growth and success of both current and emerging business leaders.

3. The Schulze School of Entrepreneurship 

The Schulze School at the University of St. Thomas helps students learn how to be entrepreneurs and create value for others.

Its main goal is to teach students how to find, evaluate, and take advantage of new business possibilities.

Through experiential and practical education, students learn to transform innovations into sustainable businesses while building connections with fellow student innovators and experienced entrepreneurs.

The Schulze School goes beyond traditional education by providing a hub of innovative thinking, bringing together students, entrepreneurs, small businesses, and leaders. 

It offers a dynamic environment where individuals from various disciplines collaborate to explore new possibilities and translate ideas into reality.

With its emphasis on experiential learning and practical skills, the Schulze School equips students to make an immediate impact in the real world. 

Whether students launch their ventures or contribute to existing businesses or social enterprises, they graduate with a solid foundation for long-term success. 

4. The Herberger Business School 

The Herberger Business School is one of the best business schools in Minnesota at St. Cloud State University. 

With its AACSB International Accreditation, a symbol of excellence in business education, the school has been recognized as one of the few accredited business schools in the nation since 1976. 

It is in the heart of St. Cloud, Minnesota’s thriving business community.

The Herberger Business School offers students a modern and comprehensive business education within a student-friendly environment.

At the Herberger Business School, students benefit from small class sizes and receive instruction from experts who bring a wealth of academic and professional experiences. 

The school’s proximity to the Twin Cities metro area opens up many networking opportunities, internships, and career advancement opportunities. 

5. The Labovitz School of Business and Economics (LSBE) 

The Herberger Business School is one of the top business schools in Minnesota.

With its AACSB-International accreditation and a modern, state-of-the-art facility, LSBE offers a transformative learning environment for approximately 1,700 undergraduate and graduate students. 

The school boasts over 50 full-time faculty members across four academic departments, providing students with expertise and knowledge. 

LSBE offers a range of degree programs, including Bachelor of Accounting, Bachelor of Business Administration, Bachelor of Arts in Economics, and MBA degrees. 

With its regional outreach initiatives and affiliation with the Bureau of Business and Economic Research, LSBE demonstrates a commitment to driving economic growth and development in the region. 

6. The College of Business at Minnesota State University, Mankato 

The College of Business at Minnesota State University Mankato is one of the best business schools in Minnesota. 

Guided by its core values, the college is dedicated to providing a student-centered, innovative, and professional learning environment. 

Emphasizing inclusion, collaboration, and collegiality, the college fosters a sense of belonging and teamwork among its students, faculty, and staff.

As an AACSB-accredited institution, the College of Business exceeds expectations by offering learner-centered education, conducting applied research, and establishing impactful partnerships. 

With a primary focus on undergraduate education, the college also provides expanding graduate and continuing professional education opportunities.

Through collaborative research endeavors, the college advances business knowledge, enhances student learning, and contributes to the development of business theory. 

Additionally, the college cultivates relational partnerships, benefiting students, the business community, and society.

7. The College of Business and Economics (CBE) 

At CBE, the journey of your college career extends beyond earning a degree.

It encompasses a transformative experience where personalized learning, building lifelong skills, and cultivating a network of peers and professional connections take center stage.

The distinguished faculty brings real-world expertise to the classroom, enhancing the learning environment. 

The college’s internship resources provide invaluable support for hands-on learning experiences outside traditional coursework.

Embracing innovation as a core pillar, CBE offers programs like the Innovation Challenge, Innovator in Residence Series, and state-of-the-art facilities such as the CBE Makerspace. 

FAQs on Best Business Schools in Minnesota

What factors should I consider when choosing the best business school in Minnesota?

When selecting a business school in Minnesota, consider factors such as academic reputation, faculty expertise, program offerings, industry connections, internship opportunities, alumni network, location, resources for career development, and the overall fit with your educational and career goals.

How meaningful are industry connections and internships at the best business schools in Minnesota?

Industry connections and internships are vital for gaining practical experience, networking, and securing future job opportunities. The best business schools in Minnesota often have strong ties to local and national businesses, providing students with valuable internships, guest speakers, networking events, and career placement support. These connections made Jim Goetz rich.

Can I expect personalized attention and mentoring at the best business schools in Minnesota?

Yes, many top business schools in Minnesota prioritize personalized attention and mentoring. They have dedicated faculty committed to student success and offer one-on-one guidance, mentorship programs, and opportunities for students to engage directly with faculty members.

Can I pursue part-time or online business programs at the best business schools in Minnesota?

Yes, many of the best business schools in Minnesota offer flexible options such as part-time or online programs to accommodate working professionals or those with other commitments. These programs allow earning a business degree while balancing personal and professional responsibilities.


With Minnesota’s vibrant business landscape and renowned institutions, aspiring business leaders have many options to explore. 

The featured business schools in Minnesota have demonstrated their commitment to delivering exceptional education, fostering innovation, and nurturing future business leaders. 

Whether you aspire to pursue an MBA, specialized master’s program, or executive education, consider exploring these esteemed institutions as you embark on your educational journey. 

Take the first step towards achieving your professional goals, unlocking new opportunities, and building a successful business career.

Awesome one; I hope this article answers your question.

Editor’s Recommendations:

If you find this article good, please share it with a friend.

Righteous Godwin
Righteous Godwin

Righteous Godwin, a graduate of Mass Communication, is a content and creative writer. Her passion for writing compels her to give her all to every project she undertakes.

Articles: 135