Herberger Business School

About the School

Accredited for 40 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 accredited business schools in Minnesota and one of 789 programs in the world.

With 85 percent of full-time faculty terminally qualified with a doctorate or master's degree, eight business majors, a MBA program, a Master of Science in Information Assurance, education abroad opportunities, a Business Honors Program, 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 $210,000
  • The Information Systems program was one of the early adopters of IS 2010 certification in the Midwest
  • The Marketing program features a Professional Selling Specialization supported by 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.

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 Program Enrollment: Fall 2016

Accounting, BS 370
Business Intelligence, CERT 1
Entrepreneurship, BS 57
Finance, BS 373
General Business, BS 255
Information Systems, BS 248
International Business, BS 82
Management, BS 414
Marketing, BS 290
Professional Selling Specialization, CERT 20
Real Estate, BS 33
Total 2,143

Graduate Program Enrollment: Fall 2016

Business Administration, MBA 88
Information Assurance, MS 147
Total 235

Undergraduate Program Completions: 2015-2016

Accounting, BS 77
Business Intelligence, CERT 10
Entrepreneurship, BS 9
Finance, BS 97
Information Systems, BS 56
Insurance, CERT 4
International Business, BS 15
Management, BS 115
Marketing, BS 85
Professional Selling Specialization, CERT 27
Real Estate, BS 5
Total 500

Graduate Program Completions: 2015-2016

Business Administration, MBA 52
Information Assurance, MS 22
Total 74

Retention Rate: Fall 2015 First-Time and Transfer-In Students

Percent of full-time first-time and transfer-in students who start in the Herberger Business School that returned for their second year at St. Cloud State.

Accounting 89%
Entrepreneurship 65%
Finance 77%
General Business 72%
Information Systems 87%
International Business 73%
Management 73%
Marketing 66%
Real Estate 100%
Herberger Business School Overall 77%
St. Cloud State University Overall 70%

Employment Outcomes: Status of 2014-2015 Graduates Within One Year of Graduation

Of the school's 617 total graduates, 76% were employed in a related field, 3% were employed in an unrelated field, 2% were unemployed, and the remaining 19% of graduates were continuing their education or their status was unavailable/unknown.

For additional employment outcomes, go to the Career Center website and click on Stats by Colleges/Schools & Majors.


Data last updated: June 8, 2017