Online MBA · Minnesota · 5 programs compared

Best Online MBA Programs
in Minnesota 2025

Compare the top 5 accredited online MBA programs in Minnesota, real tuition ($19,000-$93,444), GMAT requirements, specializations, and acceptance rates. All data sourced directly from the schools.

5
Programs
$19,000
Lowest tuition
5/5
AACSB-accredited
4/5
GMAT optional
See all programs ↓ Compare all 49 states By state

Online MBA in Minnesota: what to know

Minnesota offers a solid choice of accredited online MBA programs, 5 on our list, led by the top-ranked University of Minnesota (Carlson), alongside St. Cloud State, Minnesota State Mankato, Minnesota State Moorhead and private University of St. Thomas (Opus). All 5 hold AACSB accreditation, the gold standard earned by a minority of business schools worldwide.

On cost, the most affordable option on our list is St. Cloud State University at roughly $19,000 in total tuition (about $633/credit), with Minnesota State Mankato (≈$21,760) and Moorhead (≈$22,866) also among the best values, while private University of St. Thomas (≈$56,452) and the University of Minnesota's Carlson program (up to $93,444) sit at the top. Tuition and fees change every year and in-state and out-of-state rates often differ, so confirm the current figure directly with the school before you budget.

Admissions are relatively accessible: at least one program here makes the GMAT optional or waivable, which removes a common barrier for working applicants. Available specializations include Customizable coursework, Accounting, Business Analytics, and Finance. Because the format is fully online, it suits professionals who want to keep working while they study rather than relocate to campus.

International applicants are generally welcome, check each school's TOEFL or IELTS requirements early. Treat the numbers on this page as a starting point for comparison, and verify accreditation, deadlines, and specialization availability on the university's official admissions pages before you apply.

Researched top 5

Top Online MBA Programs in Minnesota

★ #1 in MNAACSB

University of Minnesota Carlson School of Management

Minneapolis, MN
Online MBA
Tuition
$93,444
Per credit
$1,797/credit
GMAT
Optional
GPA
No minimum GPA…
Duration
2-7 years
Acceptance
N/A
Customizable coursework
Intl VisaTOEFL flex
#127 U.S. News
#2 in MNAACSB

St. Cloud State University

St. Cloud, MN
Online Master of Business Administration Program
Tuition
$19,000
Per credit
$633.33/credit
GMAT
GPA
N/A
Duration
10 months
Acceptance
N/A
AccountingBusiness AnalyticsFinanceHealthcare Administration+2 more
Intl VisaTOEFL flex
#3 in MNAACSB

Minnesota State University, Mankato

Mankato, MN
Master of Business Administration (MBA) Online
Tuition
$21,760
Per credit
$640/credit
GMAT
Optional
GPA
N/A
Duration
2 years
Acceptance
N/A
Intl VisaTOEFL flex
#4 in MNAACSB

University of St. Thomas (Opus College of Business)

Minneapolis, MN
Online MBA
Tuition
≈$56,452
Per credit
N/A
GMAT
Not required
GPA
N/A
Duration
24 months
Acceptance
N/A
General Management
Intl VisaTOEFL req
#5 in MNAACSB

Minnesota State University Moorhead (Paseka School of Business)

Moorhead, MN
Online MBA
Tuition
≈$22,866 (37 cr)
Per credit
$552/credit + fees
GMAT
Not required
GPA
3.0+ minimum
Duration
N/A
Acceptance
N/A
General Management
Intl VisaTOEFL req

Minnesota Online MBA: Quick Comparison

SchoolTuitionPer credit GMATDurationAcceptance AccreditationIntl
University of Minnesota Carlson School of Management$93,444$1,797/creditOptional2-7 yearsN/AAACSB
St. Cloud State University$19,000$633.33/credit10 monthsN/AAACSB
Minnesota State University, Mankato$21,760$640/creditOptional2 yearsN/AAACSB
University of St. Thomas (Opus College of Business)≈$56,452N/ANot required24 monthsN/AAACSB
Minnesota State University Moorhead (Paseka School of Business)≈$22,866 (37 cr)$552/credit + feesNot requiredN/AN/AAACSB
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Online MBA in Minnesota: FAQ

What is the cheapest online MBA in Minnesota?
The lowest-cost online MBA in Minnesota on our list starts at $19,000 in total tuition. See the comparison table above for all programs and their costs. Always check with the school for current pricing and any financial aid options.
Do online MBA programs in Minnesota require the GMAT?
4 of the 5 programs listed for Minnesota have waived or made the GMAT optional. Check the GMAT row in the comparison above and confirm the current admissions policy directly with each school.
Are online MBA programs in Minnesota AACSB-accredited?
5 of the 5 programs on this page hold AACSB accreditation, the gold standard for business education worldwide. Use our main comparison tool to filter by AACSB only across all 49 states.
Can international students enroll in an online MBA in Minnesota?
3 of the 5 programs listed for Minnesota welcome international students. Check the Intl and Visa indicators on each program card above for details, and confirm TOEFL/IELTS requirements with the school.
How does MBA Compass choose these programs?
We compile programs from publicly available sources including U.S. News rankings, Poets&Quants, AACSB directories, and the schools' official websites. We list the leading accredited programs we can verify per state based on accreditation, reputation, and availability. Schools cannot pay to appear or rank higher.
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