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University of Minnesota-Carlson School of Management

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University of Minnesota-Carlson School of Management [#permalink] New post 13 May 2008, 17:48
I'll gladly take any questions regarding Carlson. To get things started, here are some stats:

Carlson Full Time Class of 2009

Class size: 93
Average GMAT: 661
GMAT Range- Middle 80%: 610-720
Average GPA: 3.38
Average Age: 28
Average Years of Work Experience: 4.49
% International: 29%
% Women: 27%
Foreign Countries Represented: 11
US States Represented: 18

Undergraduate Major
Business: 32%
Economics: 11%
Social Science: 12%
Humanities: 11%
Engineering: 15%
Science/Math: 18%
Other: 1%

Due to financial restrictions (my whopping $600 per month salary), I was unable to attend the Carlson admitted students weekend. I can't really provide any insight into this coming year's class, but by looking at the profiles of current students I can see that the Carlson Full Time MBA student body is made up of capable people from all professional sectors and all walks of life. Click here (http://www.carlsonschool.umn.edu/Page7980.aspx) and here (http://www.carlsonschool.umn.edu/Page5772.aspx) for a small sample of the high-caliber students that attend Carlson. A few highlights:

-A financial consultant from Wells Fargo
-A marketer that worked for the largest infant formula manufacturer in China
-A naval officer that trained students in the principles of nuclear power
-A Director of Marketing and Advertising at a non-profit youth camp
-A man that worked with the World Bank to develop businesses that are environmentally friendly

As the competition for spots in the Class of 2010 was even more fierce than that seen in the past few years, I can only assume that this year's incoming class will be as good, if not better, than the class of 2009.


Employment Statistics

Accepted Average Salary: $87,118
Accepted Range: $52,000-$122,000
Graduates Employed within 3 Months: 93%

Average Salary by professional function

Consulting--Average:$93,280--Range:$55,000-$120,000
Finance/Accounting--Average:$83,944--Range:$52,000-$96,000
General Management--Average:$93,834--Range:$66,000-$122,000
Marketing/Sales--Average:$84,445--Range:$52,672-$100,000

Bonus

Percentage receiving bonus: 70%
Average Bonus: $15,582
Range: $2,500-$30,000

MBA internships

Percentage of students with internships: 97%
Average pay: $31.45 per hour
Range: $12.00-$50.77


Given that Carlson is a strong regional program and that Minneapolis was voted the #1 city for business (http://www.marketwatch.com/news/story/minneapolis-tops-among-metro-centers/story.aspx?guid=%7BCA19E070%2D81F3%2D4D15%2D9559%2DCFF9194DC6C0%7D), Carlson places most of its graduates in the Minneapolis area. When considering salary statistics, one needs to remember that the quality of life that a $75,000 salary in Minneapolis affords is equal to:

$102,336 in the New York City area
$88,318 in Boston
$85, 514 in Seattle
$86, 916 in Miami
$105,841 in Los Angeles
$119,860 in San Francisco
_________________

MBA Blog: University of Minnesota Carlson School of Management- http://unconventionalapplicant.blogspot.com/

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University of Minnesota-Carlson School of Management   [#permalink] 13 May 2008, 17:48
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