Founder of Best Buy, Dick Schulze, bypassed college yet advocates for higher education at the Schulze Entrepreneurial Institute, reflecting on his long-term commercial success.
Dick Schulze, a St. Paul native and the founder and Chairman Emeritus of Best Buy, has left an indelible mark on the University of St. Thomas. In 2005, he established the Schulze School of Business, a move that has significantly impacted the institution's business program.
As a testament to his philanthropic efforts, the Richard M. Schulze Family Foundation supports the school, contributing to its strong reputation and resources, particularly in entrepreneurship education. This backing has helped the Schulze School of Business secure a top spot nationally for undergraduate business programs aimed at future business leaders and entrepreneurs.
This year, the school ranked at no. 23 on the Princeton Review/Best Buy ranking of the country's top 50 undergrad programs for aspiring business leaders. The University of St. Thomas’ entrepreneurship program, affiliated with the Schulze School, was also ranked 18th in the country for undergraduate entrepreneurship programs. It is the number one undergraduate entrepreneurship program in Minnesota and among the top in the nation.
Best Buy, under Schulze's leadership, has remained profitable and investor-friendly amid the pandemic and larger sea changes in consumer shopping. This success, coupled with his role as the president of a charter-aircraft company, demonstrates his business acumen and commitment to innovation.
Schulze remains a trustee emeritus at the St. Paul, Minnesota-based institution, ensuring his continued involvement and support for the University of St. Thomas and its Schulze School of Business. His connection lends financial and reputational strength to the school, helping it secure a top spot nationally.
The Schulze School of Business at the University of St. Thomas is one of the country's top 50 undergrad programs for aspiring business leaders, a testament to Schulze's vision and the school's excellence in preparing aspiring business leaders and entrepreneurs for the real world.
- Dick Schulze's leadership and entrepreneurship have significantly contributed to the success of Best Buy, demonstrating his business acumen and commitment to innovation.
- The Richard M. Schulze Family Foundation, supportive of the Schulze School of Business, has played a crucial role in its growth and reputation, particularly in education and self-development for future business leaders.
- The Schulze School of Business at the University of St. Thomas consistently ranks high nationally for undergraduate business programs, positioning it as one of the top institutions for entrepreneurship education.
- The news of the school's high rankings signifies the effective blend of finance, education, and self-development at the Schulze School of Business, fostering success for aspiring business leaders and entrepreneurs.