In this work the one-band effective Hamiltonian governing the electronic states of a quantum dot/ring in a homogenous magnetic field is used to derive a pair/quadruple of nonlinear eigenvalue problems corresponding to different spin orientations and in case of rotational symmetry additionally to quantum number -L•i. We show, that each of those pair/quadruple of nonlinear problems allows for the min-max characterization of its eigenvalues under certain conditions, which are satisfied for our examples and the common InAs/GaAs heterojunction. Exploiting the minmax property we devise efficient iterative projection methods simultaneously handling the pair/quadruple of nonlinear problems and thereby saving up to 40% of the computational time as compared to the nonlinear Arnoldi method applied to each of the problems separately.