From the 19th to the 21st century: a Tradition of Quality in Education

Two 19th-century scholars saw the need for an educational alternative for Minnesota youth, skills training that would lead directly to rewarding employment. As a result, two business colleges were founded, schools that continue today to provide students with career preparation.

Globe University and Minnesota School of Business are now operated cooperatively by the Terry and Kaye Myhre family as Globe University/Minnesota School of Business (GU/MSB). We hold to our founders’ shared mission: providing education that enables graduates to reach their career and life goals and become empowered, knowledgeable citizens. Contact us to learn more about this dynamic, growing organization.

Globe University (Formerly Globe College)

Globe College was founded in 1885 by Frank A. Maron, who was born and educated in Germany. An accomplished scholar who received a thorough, classical education, Mr. Maron realized a great need for a more practical education for young men and women. He established Globe College to fill that need. From its inception, the school has focused on teaching business as it is practiced in actual companies.

In October 1972 Helmer Myhre and Terry Myhre purchased Globe College; each holds 50% ownership of the school today. In June 2007, Globe College changed its name to Globe University and moved to a new campus in Woodbury, Minn.

Minnesota School of Business

Professor Alexander R. Archibald, formerly of Dartmouth College, founded Minnesota School of Business (MSB) in 1877. The school’s first location was a three-room building at Third and Marquette in Minneapolis, where Professor Archibald and an assistant taught bookkeeping, shorthand, English, and penmanship. In 1890, Charles T. Rickard and Grove A. Gruman purchased MSB and moved it to a larger facility in the Jewelers' Exchange Building on First Avenue North and Seventh Street in downtown Minneapolis.

Between 1929 and 1988, MSB changed ownership and location three more times, ending with the most recent purchase by Terry Myhre in January 1988. Today, MSB is completely owned and operated by the Terry and Kaye Myhre family. In October 1993, MSB moved from downtown Minneapolis to Richfield, Minn.

Globe University/Minnesota School of Business today

Now Minnesota School of Business and Globe University operate cooperatively as Globe University/Minnesota School of Business. The college has expanded to serve students from campuses throughout the Twin Cities and the Upper Midwest.

Globe University/Minnesota School of Business is also affiliated with: 

• Minnesota School of Cosmetology in Woodbury, MN
• Duluth Business University in Duluth, MN
• Utah Career College in Layton and West Jordan, UT
• Institute of Production and Recording in Minneapolis, MN
• Transportation Center for Excellence in Eagan, MN
• New Horizons – Benchmark Learning in Edina, MN
• Broadview Media in Edina, MN 

Expanded programs and online learning

In addition to business management, business administration and accounting, GU/MSB offers training for students focused on careers as paralegals, IT professionals, video developers, vet techs, medical assistants and in a wide variety of other professions. Many programs can be completed entirely online, and we serve a lively and diverse student population.

More information

For more information about a degree program, answers to any questions, or to make arrangements to speak with an admissions representative, please contact the college.