2007 UNDERGRAD PROFILE
Boston University
Boston University School of Management
Undergraduate Program
B-School and Program Basics
| Address: | 595 Commonwealth Avenue Boston, MA US 02215 |
Program E-Mail |
Program Web site |
Boston University School of Management is a private institution.
Undergrad business program was founded: 1913
Accredited by AACSB International
Classes begin:
| Fall Semester | 09/10/2007 |
| Spring Semester | 01/14/2008 |
Enrollment
| Total undergraduate business school enrollment | 1812 |
| Total full-time undergraduate business students | 1788 |
| Total part-time undergraduate business students | 24 |
| Total distance undergraduate business students | 0 |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 48% |
| International students | 13% |
For U.S. schools only: |
|
| African American students | 2% |
| Native Americans | 1% |
| Asian Americans | 20% |
| Hispanic | 6% |
| White (non-Hispanic) | 53% |
| Unknown | 13% |
| Other | 5% |
U.S. students by region:
| Mid-Atlantic U.S. | 7% |
| Midwest U.S. | 7% |
| Northeast U.S. | 68% |
| South U.S. | 4% |
| Southwest U.S. | 2% |
| West U.S. | 11% |
| U.S. Possessions and territories | 1% |
Citizenship:
| U.S. | 88% |
| Canada | 1% |
| Other | 11% |
| Unknown | 0% |
CLASS TRAITS: MOST RECENT ENTERING CLASS
| Does the school require standardized tests, such as the SAT or ACT? | No |
SAT Scores for full-time entering business students |
|
| Average | 1278 |
| Median | 1280 |
| Range (Middle 80%) | From 1220 to 1340 |
| Minimum SAT Score | |
ACT Scores for full-time entering business students |
|
| Average | 28 |
| Median | 28 |
| Range (Middle 80%) | From 26 to 29 |
| Minimum ACT Score | NA |
| Minimum High School GPA | NA |
| Does the school require an entrance exam? | No |
| Student Age (years) | |
| Average | 18 |
| Median | 18 |
| High School performance of entering business students | |
| Top 10% of high school class | 56% |
| Top 25% of high school class | 89% |
| GPA of 3.75 or higher | 29% |
| GPA of 3.5 to 3.75 | 31% |
| GPA of 3.25 to 3.49 | 17% |
| GPA of 3.00 to 3.24 | 21% |
| GPA of 2.50 to 2.99 | 2% |
| GPA of 2.00 to 2.49 | 0% |
| GPA of 1.00 to 1.99 | 0% |
| GPA below 1.0 | 0% |
| For Internal Transfers | |
| Minimum overall college GPA | NA |
| Additional application requirements | |
ADMISSIONS
| University Application fee (resident) | $ 75.00 | ||
| University Application fee (nonresident) | $ 75.00 | ||
| University Application fee (non-resident transfers) | $ 75.00 | ||
The university financial aid office manages admissions to the business program
33930 people applied to undergraduate programs for the 2006 academic year. The school accepted 46% (selectivity) of those applicants, and 25% of admitted applicants (yield) enrolled.
1% of applicants had applied in prior years, and of those reapplicants 39% were accepted.
The university placed 2960 applicant(s) on its wait list. 521 wait-listed applicants were admitted to the semester for which they applied.
Does the business program admit freshmen? Yes
91% of 2006 admissions to the program were freshmen
How do freshmen apply? Indicate interest on university application
How do internal transfers apply? NA
3597 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
46% of these applicants were admitted to the program and 91% of admitted students enrolled.
internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. were admitted to the program.
| Share of all university applicants who are female: | 59% |
| Share of all university applicants who are not from the U.S. | 9% |
Interviews for applicants are Not required
Additional application requirements (including those for international students):
Either SAT or ACT is required, TOEFL or IBT for non-native English speakers.
Relative importance of the following factors in deciding who gets admitted to the university:
Secondary School Record: Very Important
Class Rank: Very Important
High School GPA: Very Important
SAT/ACT Scores: Important
Application Essay: Important
Recommendations: Important
Interview: Not Considered
Extracurricular Activities: Considered
Talent/ability: Considered
Character/personal qualities: Considered
Volunteer Work: Considered
Work Experience: Considered
COSTS
Annual Costs
| Resident Tuition | $ 33,330.00 |
| Nonresident Tuition | $ 33,330.00 |
| Room and Board | $ 10,480.00 |
| Books | $ 792.00 |
| Other Expenses (please specify) | |
| personal | $1,183.00 |
| transportation | $453.00 |
Tuition per credit hour (U.S. dollars)
| Resident | $ 1,042.00 |
| Nonresident | $ 1,042.00 |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Semester | 01/01/2007 | Spring Semester | 11/01/2007 |
| Business Program deadlines for: | |
| SemesterSemester | 01/01/2007 |
| TrimesterSemester | 11/01/2007 |
FINANCIAL AID
The business program's financial aid ofice manages financial aid for the business program
Financial Aid Web site
Total scholarship money given to business students through the financial aid office in the 2005 academic year: $ 15,351,983.00
Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: $ 16,059,588.00
Scholarships are awarded to students in the business program based on A combination of need and merit
Scholarships in the 2006-2007 academic year | |
| Percent of business students receiving some scholarship money | 47% |
| Percent of business students receiving full-tuition scholarships | 47% |
| Percent of scholarships offered to business students based on need | 66% |
| Percent of scholarships offered to business students based on merit | 34% |
How do applicants apply for scholarships?
www.bu.edu/admissions/apply/scholarship.html
Does the schoool offer a guaranteed loan to all business students (regardless of nationality): No
The maximum amount a business student can borrow per year is: NA
The average outstanding debt among 2006 business program graduates is: $ 23,505.00
CONTACTS
| Dean Louis E. Lataif | Hired as of 09/16/1991 |
ACADEMICS & REQUIREMENTS
Specializations offered:
Accounting, Other, , ,
Law
Programs Offered
| BS | Accounting; Entrepreneurship; Finance | Full time |
| BS | General Management | Full time |
| BS | International Business | Full time |
| BS | Marketing; Law | Full time |
| BS | Operations & Technology Management | Full time |
| BS | Management of Information Systems | Full time |
| BS | Organizational Behavior | Full time |
| Core curriculum last revised Prior to 2000 |
| Average class size in required business classes | 39 |
| Average class size in business electives | 31 |
| Average class size in non-business classes (required for admission to the business program | n/a |
12% of business classes (core and elective) have fewer than 20 students
79% of business classes (core and elective) have 21 to 50 students
9% of business classes (core and elective) have more than 50 students
33% of required business courses reached maximum enrollment by the first day of class from June 30, 2004 to June 30, 2005.
NA % of required business courses had waiting lists for enrollment
AREAS OF STUDY & ELECTIVES
The school reports that the following are its five leading areas of study:
Accounting, Entrepreneurship, Finance, Marketing, Other
Number of elective courses (not multiple sessions of same course) available in the past academic year: 59
New electives added in the past academic year:
Private Equity
Information Products, Property & Privacy
Human Resource Managment
Managing Information Security
Leadership Management of Non-Profit Org.
Supply Chain Modeling Practicum
Real Estate Law
What special programs are available to business students?
Management Honors Program
| Work study or co-op opportunities | Yes |
| Work study available through the University Financial Aid Department. Co-op opportunities can be researched through the Feld Career Center. | |
| Study abroad opportunities | Yes |
| University of Sydney, Australia Copenhagen Business School, Denmark Universite Paris IX, Dauphine, France Universitat Trier, Germany University College Dublin, Ireland University Aukland, New Zealand Universidad Autonoma, Madrid, Spain George Washington University, Washington D.C. | |
| Volunteer and community service opportunities | Yes |
| Opportunities available through the Management Honors Program, the campus Community Service Center, and various activities via the Undergraduate Government, student clubs and organizations. | |
| Business clubs and extracurricular activities | Yes |
| Accounting Assoc., American Marketing Assoc., Beta Alpha Psi, Delta Sigma Pi, Diversity in Management, Dean's Hosts, BSBA Finance & Investment Club, BU Entrepreneurship Club, MIS Club, SMG Student Government, Real Estate Club, Leaders for Corp. Social Responsibility, Fashion & Retail Assoc., LOCK Honorary Service Society, Sports Management Assoc., Media & Entertainment Club, fightJPA, Students in Free Enterprise, B-School Beanpot, Int'l Management Org., APICS- The Assoc. for Oper. Management | |
FACULTY
| Total full-time undergraduate business faculty | 104 |
| Total undergraduate business adjuncts and visiting business faculty | 48 |
| Total undergraduate permanent/tenured business professors | 44 |
20% of permanent/tenured business professors are women
NA % of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)
NA % of permanent/tenured business professors are members of company boards of directors or boards of advisors
NA % of permanent/tenured business professors have owned their own business
Prominent Faculty: Zvi Bodie, D. Tim Hall, N. Venkatraman
STUDENT LIFE
Freshmen are required to live on campus
60%of all business students live on campus
Business students are grouped together in "learning communities" in housing or other facilities
TECHNOLOGY
Number of omputers available to undergraduate business students (within the program and university as a whole): 350
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
Last year classrooms were renovated and upgraded to include installation of new hard/software, control systems and automated monitoring connections. In addition, individual online software training for 1,000 students, customer resource management software, new statistical databases and customized administrative applications were added. Renovations were also made to the computer labs including all new hardware, servers, equipment. New SAKAI software was also introduced.
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 81% of 2006 graduates
Of 2006 graduates for whom we have information...
70% were seeking full-time professional employment in business
30% were not seeking full-time professional employment in business
For those not seeking employment in business...
0% of those were already employed at graduation
21% were planning to continue their education immediately after graduation
9% were postponing their job search
3% were planning to start their own business
67% of those not working were doing so for other reasons
85 companies recruited business students on campus from June 30, 2005 to June 30, 2006
companies posted full-time job offers for undergraduate business students on the school's job boards from June 30, 2005 to June 30, 2006
Of 2006 Job-seeking Graduates...
received their first job offer by graduation
70 received their first job offer within three months of graduation
received their first job offer more than three months after graduation
30 did not report having received an offer
| Top 10 recruiting firms that hired the most graduates in the past academic year | No. hired |
| PricewaterhouseCoopers | 11 |
| Deloitte Touche Tomatsu | 23 |
| JPMorgan Chase & Co. | 6 |
| Merrill Lynch | 6 |
| Ernst & Young | 14 |
| Fidelity Investments | 8 |
| State Street Corp. | 7 |
| Digitas | 4 |
| Bank of America Corp. | 4 |
| Accenture | 5 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 45,652.00 |
| Median base salary | $ 47,500.00 |
| Average signing bonus | $ 3,981.00 |
| Median signing bonus | $ 3,000.00 |
| Average other guaranteed compensation | $ 8,956.00 |
| Median other guaranteed compensation | NA |
CAREER DIRECTIONS
What percentage of 2006 graduates who accepted jobs did so in the following functional areas? Are these figures estimates based on the number of students majoring in these functional areas? No
| Finance (includes corporate finance, investments, treasury and financial analysis, public finance, etc.) | 30% |
| Accounting/auditing | 19% |
| General Management | 7% |
| Human Resources | 2% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 24% |
| Management Information Systems | 2% |
| Operations | 3% |
| Logistics/Transportation | 0% |
| Other | 13% |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? No
| Accounting | 19% |
| Consumer Products & Retail | NA % |
| Consulting | 8% |
| Financial Services | 25% |
| Government, Nonprofit, & Education | 5% |
| Health | NA % |
| Manufacturing | 11% |
| Media & Entertainment | NA % |
| Sports & Leisure | NA % |
| Technology & Science | NA % |
| Transportation | NA % |
| UTILITIES | NA % |
| Other | 19% |
North American Jobs
0% of 2006 graduates accepted jobs in Canada
94% of 2006 graduates accepted jobs in the U.S.
Here's the regional breakdown on job acceptances in North American regions:
| Northeast (ME, VT, NY, NH, CT, MA, NJ, RI) | 80% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 3% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 3% |
| Southwest (CO, AZ, TX, OK, NM) | 1% |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | 1% |
| West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY) | 6% |
| U.S. possessions and territories (America Samoa, Palau, Guam, Puerto Rico, Virgin Islands) | 3% |
| Canada | 0% |
INTERNSHIPS
companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006
NA % of internships were paid.
| Average compensation per week | NA |
| Median compensation per week | NA |
| Average internship length (weeks) |
companies posted internships for undergraduate business students on school job boards from June 30, 2005 to June 30, 2006
| Top 10 Recruiting Firms for Internships | No. interns |
ALUMNI AFFAIRS
9% of living undergraduate business alumni contributed to the program/university some time between June 30, 2005 and June 30, 2006
Of those who contributed...
| The average gift was | $ 257.00 |
| The median gift was | $ 150.00 |
From June 30, 2005 to June 30, 2006, the undergraduate business program 9% received any individual gift in excess of $10 million
Prominent Alumni
Michael Bronner, SMG '82, Chairman, UPromise
Kenneth Feld, SMG '70, Chairman & CEO, Feld Entertainmant
Allen Questrom, SMG '64, Retired Chairman & CEO, JC Penney
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 134 for Bachelor of Science in Business Admin. |
| Minimum of 134 for Bachelor of Science in Business Admin. |
