Carlson School of Management

The Curtis L. Carlson School of Management is a business school at the University of Minnesota in Minneapolis. The Carlson School offers undergraduate, graduate, and doctoral degrees, as well as an executive education program. The Carlson School also offers dual degrees with the colleges and schools of public affairs, law, medicine, and public health.

The University of Minnesota – Carlson School of Management
The Carlson School of Management on the West Bank of the University of Minnesota-Twin Cities
TypePublic business school
Established1919
Parent institution
University of Minnesota
DeanSri Zaheer
Academic staff
103 (tenure/tenure track)
39 (full-time instructional)
Undergraduates1,868
Postgraduates2,569 (MBA)
364 (other)
98
Location
Minneapolis
,
Minnesota
,
USA
CampusUrban
Websitewww.carlsonschool.umn.edu

History

The Carlson School of Management was founded in 1919 in response to requests from business people in the Twin Cities to establish a business school at the University of Minnesota. From the beginning, members of the business community worked in partnership with the school's faculty and students by providing classroom speakers, internships, employment opportunities, and scholarships. In that first year, 14 faculty members instructed 88 students. Since then, the school has undergone five name changes and has been housed in five locations. Today, the Carlson School has nearly 5,000 students, 55,000 alumni, twelve degree programs, 103 tenure-track and 39 full-time instructional faculty members.

Institutional milestones
  • 1919 – Founded as the University of Minnesota School of Business
  • 1920 – Became a member of the Association to Advance Collegiate Schools of Business (AACSB)
  • 1929 – First “Tomato Can Loving Cup Award” was given to recognize an outstanding graduating senior who performed the most distinctive service to the Carlson School. The award, which is still given today, long came with a scholarship to the Carlson School's MBA program after the recipient has gained two years of work experience.
  • 1937 – First Master of Business Administration (MBA) degree conferred
  • 1948 – Ph.D. business program founded
  • 1960 – Part-time MBA program founded
  • 1963 – Received accreditation from AACSB and became one of the first 20 business schools in the nation to receive this distinction.
  • 1981 – Executive MBA program founded
  • 1986 – Curtis L. Carlson, Minnesota entrepreneur and founder of the Carlson Companies, gave the University of Minnesota a $25 million gift, which at the time was the largest single gift ever given to a public university. In his honor, the School of Management was renamed the Curtis L. Carlson School of Management.
  • 1988 – First study abroad program was launched in Lyon, France. Now all Carlson School undergraduates are required to have an international experience.
  • 1993 – Curtis Carlson gives another personal gift of $10 million to the Carlson School to drive the building of a freestanding business school.
  • 1998 – The Curtis L. Carlson School of Management building is dedicated.
  • 2004 – Herbert M. Hanson, Jr., and his wife Barbara, pledged $10 million toward the construction of a new undergraduate facility.
  • 2006 –Dean Alison Davis-Blake is named the first female dean of the Carlson School.
  • 2008 – The Carlson School's new undergraduate facility, Herbert M. Hanson, Jr., Hall, opens and welcomes a freshman undergraduate class of nearly 500 students.
  • 2013 – MSBA – Master of Science in Business Analytics program founded[1]

Campus

The Carlson School of Management's two facilities, the Curtis L. Carlson School of Management and Herbert M. Hanson, Jr. Hall are located on the University of Minnesota's West Bank, west of the Mississippi River.

Curtis L. Carlson School of Management

The Carlson School is housed in a 243,000-square-foot (22,600 m2), five-story building that was dedicated in 1998. The building encompasses 33 classrooms, 35 meeting rooms, a 180-seat lecture hall, and a 250-seat auditorium. The facility is equipped with wireless internet access, experiential learning laboratories, teleconferencing and video interview capabilities. It is also home to a dining center located in the basement level of the building. The facility is currently undergoing renovations.

Herbert M. Hanson, Jr. Hall

Opened on September 25, 2008, Hanson Hall is connected to the Carlson School by the Robert Sparboe skyway. As part of a $40 million expansion project, Herbert M. Hanson, Jr. Hall nearly doubled the size of the business school, and provided a state-of-the-art home for the Carlson School Undergraduate program. Hanson Hall covers 124,000 square feet (11,500 m2), is four stories tall, and is outfitted with nine classrooms with wireless Internet access and state-of-the-art presentation technology. The facility also features 22 interview rooms, 10 breakout rooms, a collaborative learning lab, a recruiter lounge, a meeting room for information sessions and presentations by the corporate community, offices for undergraduate advising, undergraduate career placement, offices for the Department of Economics in the College of Liberal Arts, and a Caribou Coffee. The building is named after the generous benefactors, Herb ’49 B.A. and Bar Hanson, who kicked off the building campaign with a $10 million pledge in 2004. In spring 2006, the Minnesota State Legislature granted $26.6 million in funding to the Carlson School as part of the University of Minnesota's Capital Campaign request.

Academics
Business school rankings
Worldwide overall
QS[2]57
Times Higher Education[3]31
U.S. News & World Report[4]23
Worldwide MBA
Economist[5]32
Financial Times[6]81
U.S. MBA
Bloomberg Businessweek[7]29
Forbes[8]27
U.S. News & World Report[9]27
U.S. undergraduate
U.S. News & World Report[10]15

The school offers a bachelor's, MBA, and doctoral degrees, as well as executive education programs hosted domestically and abroad (Warsaw, China, Vienna). Dual-degree programs include a JD/MBA, MD/MBA, MHA/MBA, and a MPP/MBA. Other programs include a Master of Arts in Human Resources and Industrial Relations (MA-HRIR), a Master of Business Taxation (MBT), and a Master of Accountancy (MAcc).

In 1920, the University of Minnesota became the 18th school to be accredited by the Association to Advance Collegiate Schools of Business (AACSB).

In the 2017 CEOWORLD magazine ranking of the top 50 American college for an accounting degree, Carlson School of Management, ranked 2 just behind BYU School of Accountancy.[11][12]

Notable alumni
See also: List of University of Minnesota people
Evan Kaufmann
Flip Saunders
  • Curtis L. Carlson ('37 BA) – Chairman, Carlson Companies, Inc., namesake of the Curtis L. Carlson School of Management
  • Evan Kaufmann (born 1984), hockey player
  • John G. Stumpf (MBA) – Former CEO, Wells Fargo[13]
  • Thomas O. Staggs (BSB) – Former COO, The Walt Disney Company[14]
  • John G. Mulligan (MBA) – CFO, Target[15]
  • Duane L. Burnham (MBA) – Former Chairman, Abbot Laboratories
  • William Grant Van Dyke (MBA) – Former Chairman, Donaldson Co
  • C. Elmer Anderson ('31 BBA, '83 PhD) – Minnesota Governor, Minnesota State Senator; Chair & CEO, HB Fuller Co.
  • Alan K. Ruvelson ('36 BBA) – Founder of America's first venture capital firm; President, First Midwest Capital Corporation
  • Richard Cyert ('43 BSB) – President, Carnegie Mellon University
  • William S. Cook ('48 BBA) – Chairman & CEO, Union Pacific
  • Robert T. Sprouse ('52 MBA) – Co-Founder, Financial Accounting Standards Board
  • Duane R. Kullberg ('54 BBA) – Managing Partner & CEO, Arthur Andersen
  • Robert K. Jaedicke ('57 PhD) – Dean & Professor Emeritus, Stanford Graduate School of Business
  • Marcus Alexis ('59 PhD) – Dean, University of Illinois at Chicago, College of Business Administration
  • Duane Burnham ('63 BSB, '72 MBA) – Chairman, CEO, & President, Abbott Laboratories
  • Tony Dungy ('78 BSB) – Former Head Coach, Indianapolis Colts, National Football League
  • John Hammergren ('81 BSB) – Chairman & CEO, McKesson Corporation
  • Flip Saunders ('83 BSB) – Co-owner, President of Basketball Operations & General Manager, Minnesota Timberwolves, National Basketball Association; Former Head Coach, Minnesota Timberwolves, National Basketball Association

See also

[16]

References
  1. "Archived copy". Archived from the original on 2014-12-16. Retrieved 2014-12-13.CS1 maint: archived copy as title (link)
  2. "QS Global MBA Rankings 2020". Quacquarelli Symonds. Retrieved September 26, 2019.
  3. "World University Rankings 2019 by subject: business and economics". Times Higher Education. Retrieved September 25, 2019.
  4. "Best Global Universities for Economics and Business". U.S. News & World Report. 2019. Retrieved September 25, 2019.
  5. "Full time MBA ranking". The Economist. 2019. Retrieved January 27, 2020.
  6. "Global MBA Ranking 2020". Financial Times. Retrieved January 27, 2020.
  7. "Best B-Schools". Bloomberg Businessweek. November 8, 2018. Retrieved September 25, 2019.
  8. "The Best Business Schools". Forbes. 2019. Retrieved September 25, 2019.
  9. "2019 Best Business Schools Rankings". U.S. News & World Report. Retrieved September 25, 2019.
  10. "2019 Best Undergraduate Business Programs Rankings". U.S. News & World Report. Retrieved September 25, 2019.
  11. "Best Colleges In America For An Accounting Degree, 2017". CEOWORLD magazine. 20 June 2017. Retrieved June 20, 2017.
  12. "Carlson School Ranked 2nd in the Nation for Accounting Degree". Carlson School of Management. Retrieved June 22, 2017.
  13. "C. Allen Parker Biography – Interim CEO and President – Wells Fargo". www.wellsfargo.com.
  14. "Archived copy". Archived from the original on 2014-12-16. Retrieved 2014-12-14.CS1 maint: archived copy as title (link)
  15. "Archived copy". Archived from the original on 2014-12-14. Retrieved 2014-12-14.CS1 maint: archived copy as title (link)
  16. Allen, Nathan (5 December 2016). "Poets&Quants' Best Undergraduate Business Programs Of 2016". Poets&Quants.

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