Minnesota School of Business-Richfield (Closed 2020)

  • Minnesota School of Business/Globe College has been providing specialized career training programs for more that 125 years. We have grown to be one of the most recognized and highly respected providers of private business, medical, and technology education in the upper Midwest.

School Highlights

Minnesota School of Business-Richfield served 763 students (62% of students were full-time).
The college's student:teacher ratio of 15:1 was lower than the state community college average of 22:1.
Minority enrollment was 25% of the student body (majority Black and Asian), which was less than the state average of 42%.

School Overview

Minnesota School of Business-Richfield
(MN) Community College Avg.
Carnegie Classification
Associates Colleges
Associate's Colleges: Mixed Transfer/Career & Technical-Mixed Traditional/Nontraditional
Institution Level
Less than 2 yrs
At least 2 but less than 4 years
Institution Control
Public
Public
Total Faculty
51 staff
171 staff

Student Body

Total Enrollment
763 students
2,858 students
Student : Teacher Ratio
15:1
22:1
# Full-Time Students
476 students
1,050 students
# Part-Time Students
287 students
1,808 students
# Enrollment Undergraduate
837 students
420 students
# Full-Time Undergraduate Students
440 students
915 students
# Full-Time Graduate Students
36 students
38 students
# Part-Time Undergraduate Students
n/a
1,771 students
# Part-Time Graduate Students
n/a
12 students
Total Dormitory Capacity
n/a
116 students
% American Indian/Alaskan
1%
1%
% Asian
4%
6%
% Hispanic
3%
8%
% Black
6%
15%
% White
75%
58%
% Hawaiian
1%
1%
% Two or more races
2%
4%
% Non Resident races
n/a
1%
% Unknown races
8%
6%
Diversity Score
0.42
0.63
College Completion Rate (Students who graduate in less than 4 years)
n/a
34%
College Completion Rate (Students who graduate in 4 years or more than 4 years)
n/a
57%
Average Graduate Earnings (10 Years)
$35,200
$36,900

Tuition and Acceptance Rate

In-State Tuition Fees
$14,040
$5,489
Out-State Tuition Fees
$14,040
$6,145
% Students Receiving Some Financial Aid
98%
86%
Median Debt for Graduates
$27,889
$13,775
Median Debt for Dropouts
$9,500
$7,253
Acceptance Rate
87%
83%
SAT Reading
n/a
625
SAT Math
n/a
600
SAT Writing
n/a
565
ACT Composite
23
23
ACT English
22
23
ACT Math
22
22
ACT Writing
n/a
8
Source: 2020 (or latest year available) Integrated Postsecondary Education Data System (IPEDS)

School Notes

  • Minnesota School of Business and Globe College have been providing specialized career training programs for more than 125 years. We have grown to be one of the most recognized and highly respected providers of private business, medical, and computer education in the Upper Midwest. Through our employer approved curriculum and hands-on training you can acquire the skills and education necessary to become successful in your chosen career. We offer flexible class scheduling to accommodate academic and individual needs. Classes are offered both day and evening for full-time and part-time students. Many classes are also offered online, providing students with an opportunity to participate in distance education. This mode of delivery enables students to learn from the location of their choice and accommodates a schedule that is convenient for them. Training is provided by instructors with practical business, computer and medical knowledge and professional on the job experience. MSB offers a Masters degree, diplomas, Associate of Applied Science Degrees, and Bachelor of Science Degrees in many areas. The four main educational areas are business, health sciences, computer imaging, and information technology. In addition to the campuses mentioned, affiliates to the college include Globe College in Oakdale, MN, Minnesota School of Cosmetology in Oakdale, MN, Duluth Business University in Duluth, MN, Utah Career College, UT, Institute of Production and Recording in Minneapolis, Transportation Center for Excellence in Eagan, MN, New Horizons ? Benchmark Learning in Edina, MN, and Broadview Media in Edina, MN. The college is accredited by the Accrediting Council for Independent Colleges and Schools to award diplomas, Associate in Applied Science degrees, and Bachelor of Science degrees. The Minnesota School of Business and Globe College Medical Assisting programs are accredited by the Commission on Accreditation of Allied Health Education Programs (www.caahep.org) upon the recommendation of the Curriculum Review board of the American Association of Medical Assistants Endowement (AAMAE).

Frequently Asked Questions

How much does Minnesota School of Business-Richfield cost?
Minnesota School of Business-Richfield's tuition is approximately $14,040 for In-State students and $14,040 for Out-State students.
What is the acceptance rate of Minnesota School of Business-Richfield?
The acceptance rate of Minnesota School of Business-Richfield is 87%, which is higher than the state average of 83%.

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Did You Know?

For Hennepin County, MN private community colleges, the average yearly tuition is approximately $17,177 per year. Read more about average community college tuition costs across the country.

Hennepin County, MN community colleges have a diversity score of 0.63, which is lower than the national average of 0.74. The most diverse community college in Hennepin County, MN is Globe University-Minneapolis. Read more about community college diversity statistics in the USA.

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