Carlson School of Management - Institutional Milestones

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.

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