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A History of Quality in Education

Two 19th-century scholars independently concluded there was a need for an educational alternative for Minnesota youth—practical training that would lead directly to rewarding employment. As a result, two business colleges were founded, schools that continue today to prepare students for personal and professional success.

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. 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 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. Today, the Myhre family continues to own and operate the institution, known since June 2007, as Globe University.

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, with the most recent purchase by Terry Myhre in January 1988. Today, MSB is 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, and are part of the Globe Education Network. The college has expanded to serve students from campuses throughout the Twin Cities and the Upper Midwest.

Expanded programs and online learning

In addition to business and accounting, the colleges offer training for students focused on careers in legal sciencetechnology and health science. Many programs can be completed entirely online, and the schools 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 college admissions.