Minot Business Institute …. The Minot Business Institute was located in the First Avenue Building in Downtown Minot. Their phone number was 571. The President and owner of the school was H. French. In 1935 it was said to be the northwest’s most modern Business School. The school featured university trained instructors to train students in the most modern business methods known at the time. The Minot Business Institute boasted that their students were employed and making salaries from $50 to $120 per month. Some of the courses offered were, Bookkeeping, Accounting, Banking, Typing, Shorthand, Dictaphone, Mimeographing, Public Speaking and Advertising. Minot Business Institute were pioneers in modern business education and featured “Business Training with Distinction”.