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 16:1.
Minority enrollment was 25% of the student body (majority Black and Asian), which was less than the state average of 89%.

School Overview

Minnesota School of Business-Richfield
(MN) Community College Avg.
Carnegie Classification
Associates Colleges
Associates Colleges
Institution Level
Less than 2 yrs
At least 2 but less than 4 years
Institution Control
Public
Public
Total Faculty
51 staff
153 staff
This chart displays total faculty of Minnesota School of Business-Richfield and community college average number of faculty in Minnesota by year, with the latest 2019-20 school year data.

Student Body

Total Enrollment
763 students
2,033 students
This chart displays the total enrollment of Minnesota School of Business-Richfield and community college average number of enrollment of Minnesota by year, with the latest 2019-20 school year data.
Student : Teacher Ratio
15:1
16:1
This chart displays the student staff ratio of Minnesota School of Business-Richfield and community college average student staff ratio of Minnesota by year, with the latest 2019-20 school year data.
# Full-Time Students
476 students
843 students
This chart displays the total number of Full-time students enrollment of Minnesota School of Business-Richfield and average number of community college Full-time students enrollment of Minnesota by year, with the latest 2019-20 school year data.
# Part-Time Students
287 students
1,190 students
This chart displays the total number of Part-time students enrollment of Minnesota School of Business-Richfield and average number of community college Part-time students enrollment of Minnesota by year, with the latest 2019-20 school year data.
This chart displays the Full-time students and Part-time students enrollment breakdown of Minnesota School of Business-Richfield.
This chart displays community college average Full-Time students and Part-Time students enrollment breakdown of Minnesota.
# Enrollment Undergraduate
837 students
309 students
# Full-Time Undergraduate Students
440 students
662 students
This chart displays the total number of Full-time undergraduate students enrollment of Minnesota School of Business-Richfield and average number of community college Full-time undergraduate  students enrollment of Minnesota by year, with the latest 2019-20 school year data.
# Full-Time Graduate Students
36 students
14 students
This chart displays the total number of Full-time graduate students enrollment of Minnesota School of Business-Richfield and average number of community college Full-time graduate students enrollment of Minnesota by year, with the latest 2019-20 school year data.
This chart displays graduation rate breakdown of Minnesota School of Business-Richfield
Minnesota All Graduation Breakdown
# Part-Time Undergraduate Students
n/a
1,190 students
# Part-Time Graduate Students
n/a
3 students
Total Dormitory Capacity
n/a
116 students
% American Indian/Alaskan
1%
5%
This chart displays the percentage of American Indian/Alaskan students in Minnesota School of Business-Richfield and the percentage of American Indian/Alaskan community college students in Minnesota by year, with the latest 2019-20 school year data.
% Asian
4%
12%
This chart displays the percentage of Asian students in Minnesota School of Business-Richfield and the percentage of Asian community college students in Minnesota by year, with the latest 2019-20 school year data.
% Hispanic
3%
1%
This chart displays the percentage of Hispanic students in Minnesota School of Business-Richfield and the percentage of Hispanic community college students in Minnesota by year, with the latest 2019-20 school year data.
% Black
6%
9%
This chart displays the percentage of Black students in Minnesota School of Business-Richfield and the percentage of Black community college students in Minnesota by year, with the latest 2019-20 school year data.
% White
75%
11%
This chart displays the percentage of White students in Minnesota School of Business-Richfield and the percentage of White community college students in Minnesota by year, with the latest 2019-20 school year data.
% Hawaiian
1%
54%
% Two or more races
2%
4%
This chart displays the percentage of Two or more races students in Minnesota School of Business-Richfield and the percentage of Two or more races community college students in Minnesota by year, with the latest 2019-20 school year data.
% Unknown races
8%
4%
This chart displays the percentage breakdown of students of all ethnic groups in Minnesota School of Business-Richfield.
This chart displays the percentage breakdown of students of all ethnic groups in Minnesota.
Diversity Score
0.43
0.67
This chart displays the diversity score of Minnesota School of Business-Richfield and the community college average diversity score of Minnesota by year, with the latest 2019-20 school year data.
College Completion Rate (Students who graduate in less than 4 years)
n/a
0.3841%
College Completion Rate (Students who graduate in 4 years or more than 4 years)
n/a
0.5%
Average Graduate Earnings (10 Years)
$35,200
$36,900
This chart displays average graduate earnings (10 Years) of Minnesota School of Business-Richfield and community college average graduate earnings (10 Years) of Minnesota by year, disaggregated by student subgroups with the latest 2012-13 school year data.

Tuition and Acceptance Rate

In-State Tuition Fees
$14,040
$5,482
This chart displays tuition fees for an in-state student of Minnesota School of Business-Richfield and the public community college average tuition fees for an in-state student of Minnesota by year, with the latest 2019-20 school year data.
Out-State Tuition Fees
$14,040
$6,138
This chart displays tuition fees for an out-of-state student of Minnesota School of Business-Richfield and the public community college average tuition fees for an out-of-state student of Minnesota by year, with the latest 2019-20 school year data.
% Students Receiving Some Financial Aid
98%
86%
This chart displays the percent of students who is receiving some financial aid in Minnesota School of Business-Richfield and the percent of community college students who is receiving some financial aid in Minnesota by year, with the latest 2014-15 school year data.
Median Debt for Graduates
$27,889
$13,775
This chart displays median debt for students who have completed a certificate or degree in Minnesota School of Business-Richfield and average median debt for community college students who have completed a certificate or degree in Minnesota by year, with the latest 2014-15 school year data.
Median Debt for Dropouts
$9,500
$7,253
This chart displays median debt for students who have not completed a certificate or degree in Minnesota School of Business-Richfield and average median debt for community college students who have not completed a certificate or degree in Minnesota by year, with the latest 2014-15 school year data.
Acceptance Rate
87%
83%
This chart displays the percent admitted of Minnesota School of Business-Richfield and the community college average percent admitted of Minnesota by year, with the latest 2009-10 school year data.
SAT Reading
n/a
625
SAT Math
n/a
600
SAT Writing
n/a
565
ACT Composite
23
23
This chart displays the ACT Composite score of Minnesota School of Business-Richfield and the community college average ACT Composite score of Minnesota by year, with the latest 2009-10 school year data.
ACT English
22
23
This chart displays the ACT English score of Minnesota School of Business-Richfield and the community college average ACT English score of Minnesota by year, with the latest 2009-10 school year data.
ACT Math
22
22
This chart displays the ACT Math score of Minnesota School of Business-Richfield and the community college average ACT Math score of Minnesota by year, with the latest 2009-10 school year data.
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 $17,075 per year. Read more about average community college tuition costs across the country.

Hennepin County, MN community colleges have a diversity score of 0.61, which is lower than the national average of 0.75. 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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