Minnesota is one of the top states for businesses, according to CNBC, so it’s no surprise that MBA programs are thriving in the state. Many colleges and universities offer online MBAs for working professionals.
The flexibility of these online programs allows students to further their careers while still working their regular jobs. Keep reading to discover the best MBA programs from affordable online colleges in Minnesota.
Top-Ranked Online MBA Degree Programs in Minnesota
Over a dozen colleges and universities in Minnesota offer online MBA programs. We’ve highlighted some of the top-ranked programs below, and all schools listed are regionally accredited by the Higher Learning Commission (HLC).
1. Bemidji State University
Bemidji State University is a public institution in Bemidji, MN. It offers an online MBA that includes coursework on topics such as:
- business analytics
- global business
- human resource management
- strategic management
This is a 30-credit program, and students can pursue a full-time or a part-time schedule. Admissions requirements include a bachelor’s degree with a minimum 2.75 GPA, a letter of intent, two letters of recommendation, and a resume.
2. Minnesota State University, Mankato
At Minnesota State University, Mankato, MBA students can earn their degrees online through the College of Business. MNSU is a public university in Mankato, Minnesota, and its business programs are accredited by the Association to Advance Collegiate Schools of Business (AACSB).
This master’s degree includes core courses and electives that cover topics like healthcare management, and data analytics, as well as a capstone course on strategic management. An undergraduate degree is required, as well as either a GPA of 3.4 or higher, a minimum of five years of work experience, or a GMAT score of 500 or above.
3. Minnesota State University, Moorhead
The Minnesota State University, Moorhead offers an MBA that can be done either online or on-campus. The College of Business, Analytics, and Communication offers this program with concentrations in accounting and finance, healthcare, and management, as well as a personalized emphasis option.
MSUM is a public university in Moorhead, MN, and its AACSB-accredited program requires 37 total credits. Admissions requirements include a bachelor’s degree with a GPA of at least 3.0.
4. St. Cloud State University
St. Cloud State University is a public institution in St. Cloud, MN. Its Herberger Business School offers an AACSB-accredited online MBA with specializations that include:
- finance
- information systems
- professional sales
- supply chain management
Grad students can complete this as a full-time or part-time MBA, and the university offers several financial aid options to help students pay for their online courses. Students must have an undergraduate degree with a GPA of at least 2.75, but no GRE or GMAT scores are required.
5. St. Catherine University
Students at St. Catherine University can earn an online MBA in as few as 12 months through the School of Business. St. Kate’s is a private, nonprofit Catholic university in St. Paul.
The program offers concentrations in strategic management and healthcare management, both of which include core courses on accounting, marketing, and project management. It requires a minimum of 33 credits, and scholarships are available to MBA students.
6. University of Minnesota
Through the Carlson School of Management at the University of Minnesota, students can earn an AACSB-accredited MBA in a flexible, online format. This program includes core business courses, as well as electives in areas of study like entrepreneurship, healthcare administration, marketing management, and information technology.
The University of Minnesota is a public research institution that spans the Twin Cities of Minneapolis and St. Paul. It does not require GRE or GMAT scores, but students can submit them if they feel it will help their application.
7. University of St. Thomas
The University of St. Thomas is a private, nonprofit Catholic research institution in the Twin Cities. It offers an AACSB-accredited online executive MBA through its Opus College of Business that includes courses on:
- financial management
- international business
- leadership skills
- strategic management
This program is designed for students to complete in 21 months. Admissions requirements include a bachelor’s degree and at least five years of management or leadership experience.
FAQs About Online Master of Business Administration Degrees
Below, we’ve answered a few frequently asked questions about online Master of Business Administration degrees.
Is an Online MBA Taken Seriously?
Yes, online MBAs are taken seriously. While online degrees had a somewhat negative reputation at one time, these programs, especially online MBAs, are now incredibly popular. Many employers see an online MBA as a positive, as it can show that you’re willing to continue your education as a working professional.
What Is the Average Cost of an Online MBA Degree in Minnesota?
According to the Education Data Initiative, the average cost of an MBA in the U.S. is $56,850. While there is no data specifically for Minnesota or online MBAs, online degrees are usually about the same as in-person degrees.
However, many things can impact the cost of your degree program, including:
- whether your school is public or private
- if you study full-time or part-time
- how many credit hours you need
- the financial aid you receive
Typically, colleges and universities post tuition information on their websites, so you can check ahead of time to determine how much your program may cost.
What Can You Do With an Online MBA in Minnesota?
Minnesota is home to several Fortune 500 companies, including Target, Best Buy, and 3M, meaning that there are various options available to meet your professional goals. MBA graduates may go on to work jobs like:
- business analyst
- finance manager
- marketing manager
- operations manager
- project manager
- supply chain manager
Explore Online MBA Degrees Today
If you’re ready to further your career and reach your professional goals, check out the online programs featured on Learn.org. Reach out to individual schools today for more information on their online offerings, admissions, enrollment, and financial aid.