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Full-Time MBA Tuition
The two-year MBA program is 64 credits and has fixed tuition, billable to students in four EQUAL INSTALLMENTS at the beginning of each semester of the two-year program. In addition to the tuition, students are billed for other education-related expenses each semester. A listing of these expenses is provided in the last section below.
Note, tuition is set and updated annually by the University Regents, typically each July. Final tuition amounts for each upcoming year will be updated as they become available here.
2012–2013 Tuition |
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| Minnesota residents | $33,230 |
| Non-residents | $45,000 |
Other Education-Related Costs |
|
| Books | $3,000 (estimate) |
| Health insurance | $1,900.00 |
| Student services fee | $736.58 |
| Collegiate fee | $1,160.00 |
| Other fees | $237.16 |
| Global Discovery fee - 2nd year only | $3,600.00 |
| International student fees | $314.00 |
Approximate Total Annual Cost |
|
| Minnesota residents | $37,263.74 |
| Non-residents | $49,033.74 |
| International students | $49,347.74 |
Average cost of living in the Twin Cities for one year is $14,000. |
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NOTE: The total program tuition will remain the same for the two consecutive years a student is in the program.
Costs are estimates for the 2012–2013 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.
A non-refundable $500 tuition deposit is required to confirm your intention to enroll in the MBA program and is applied toward the first academic term.
The MBA curriculum requires that students participate in an international experience (Global Discovery) in January of the second year of the program. The 2012-2013 fee for the Global Discovery program is $3,600, and is not included in the Approximate Total Annual Cost above. Tuition for 3 credits is included in the tuition plateau. The Global Discovery fee is billable to students in two equal installments during fall and spring semester of the second year of the program. This fee covers partner institution lectures, corporate visits, in-country transportation, visa documentation fees, lodging, breakfast daily, some group meals, and international travel, health and security insurance. International airfare, other meals and personal expenses are not covered by the course fee.
Other education-related costs not included in tuition:
- Health insurance
- Student service fee
- Collegiate and technology fee
- Personal laptop
- Other fees – GAPSA (Graduate and Professional Student Assembly), stadium fee, and transportation fee
- International student fees
- International Experience (Global Discovery)
- MBA Association fee ($300 for two years)
