Herberger Business School

About the School

Accredited for over 45 years

In 1976, the Herberger Business School became one of the few accredited business schools in the country. Today we are one of only seven AACSB accredited business schools in Minnesota and one of 989 programs in the world.

The Bachelor of Science in Information Systems is also accredited by the Computing Accreditation Commission (CAC) of ABET. 

With eleven undergraduate majors, a MBA program, a Master of Science in Information Assurance, a Master of Science in Applied Economics, a Master of Public Administratrioneducation abroad opportunities, and a world-class library, we offer students a contemporary business education in a small, student-friendly environment.


  • Accounting graduates' CPA pass rates are regularly among the highest in Minnesota
  • Finance students manage the Husky Growth Fund with a portfolio of approximately $400,000
  • The Marketing program features a Professional Selling Specialization supported by the Professional Selling Institute and the Northwestern Mutual Professional Sales Lab
  • The Real Estate program is one of two accredited programs in the state
  • The Human Resources curriculum aligns with the guidelines of the Society for Human Resource Management (SHRM)


In 1938, the St. Cloud Teacher's College created a business office and office administration department staffed by two faculty members. By 1948, the program evolved into a business administration program that employed six business faculty. During the 1960's, the department evolved into a college with an MBA and internship program.

In 1976, with five departments and 42 full-time faculty, the college earned AACSB accreditation, distinguishing itself from other business colleges as providing a quality business educational experience comparable to ivy league institutions.

In 1999, the Herberger family endowed the college and it was renamed the G.R. Herberger College of Business.

In 2007, the G.R. Herberger College of Business moved into the renovated Centennial Hall. The new facility enhanced the college's ability to educate students and serve the business community.

In 2011, the college was renamed the Herberger Business School.

In 2019-2020, the Bachelor of Science in Information Systems earned accreditation by the Computing Accreditation Commission (CAC) of ABET. The accreditation extended retroactively from October 1, 2018.

In 2023, the Economics Department moved from the School of Public Affairs to the Herberger Business School. Faculty from the following programs also joined the school: Hospitality and Tourism, Community Planning and Development, and Master of Public Administration.

G.R. Herberger

Who is G.R. Herberger?

G.R. Herberger was a self-made businessman who believed in giving back to his community. The mission and vision of the Herberger Business School is founded on the values and beliefs Bob Herberger exhibited during his lifetime. Our legacy - his legacy - is the success of our graduates.

We offer opportunities to those who might not otherwise be able to pursue formal business training and to help individuals thrive and give back to their communities.

Undergraduate Enrollment: Fall 2022

Accounting, bachelor's degree 136
Entrepreneurship, bachelor's degree 25
Finance, bachelor's degree 189
General Business, bachelor's degree 193
Information Systems, bachelor's degree 190
Insurance, bachelor's degree (not accepting new admissions) 1
Management, bachelor's degree 154
Marketing, bachelor's degree 158
Real Estate, bachelor's degree (not accepting new admissions) 30
TOTAL 1,076

Graduate Enrollment: Fall 2022

Business Administration, master's degree 153
Information Assurance, master's degree 131

Undergraduate Program Completions: 2021-2022

Includes summer 2021, fall 2021, and spring 2022

Accounting, bachelor's degree 46
Entrepreneurship, bachelor's degree 3
Finance, bachelor's degree 89
General Business, bachelor's degree 29
Information Systems, bachelor's degree 79
Insurance, bachelor's degree 0
Management, bachelor's degree 58
Marketing, bachelor's degree 47
Real Estate, bachelor's degree 12

Graduate Program Completions: 2021-2022

Includes summer 2021, fall 2021, and spring 2022

Business Administration, master's degree 44
Information Assurance, master's degree 28


Percent of Graduates Employed in a Related Field Within One Year of Graduation, Graduation Years 2016-2017 through 2020-2021 

Accounting, bachelor's degree 98.1%
Entrepreneurship, bachelor's degree 93.9%
Finance, bachelor's degree 96.6%
General Business, bachelor's degree 96.5%
Information Systems, bachelor's degree 94.4%
Management, bachelor's degree 96.4%
Marketing, bachelor's degree 97.3%
Real Estate, bachelor's degree 95.6%
HBS, bachelor's degrees 96.5%


Business Administration, master's degree 99.5%
Information Assurance, master's degree 94.8%

Get more post-graduation outcomes from the Career Center website.

Data last updated: June 23, 2023










AACSB Accredited


Colleges of Distinction

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