2007 UNDERGRAD PROFILE

Clarkson University

School of Business

 




B-School and Program Basics

Address: PO Box 5765

Potsdam, NY
US 13699-2301

Program E-Mail

Program Web site

School of Business is a private institution.
Undergrad business program was founded: 1952
Accredited by AACSB International

Classes begin:

Fall Semester 08/27/2007
Spring Semester 01/18/2007

Enrollment

Total undergraduate business school enrollment 811
Total full-time undergraduate business students 807
Total part-time undergraduate business students 4
Total distance undergraduate business students 0
 

STUDENT PROFILE: MOST RECENT ENTERING CLASS

Female students in class 33%
International students   6%

For U.S. schools only:

African American students   4%
Native Americans   1%
Asian Americans   1%
Hispanic   4%
White (non-Hispanic) 90%
Unknown   0%
Other   0%

U.S. students by region:

Mid-Atlantic U.S.   5%
Midwest U.S.   2%
Northeast U.S. 84%
South U.S.   3%
Southwest U.S.   1%
West U.S.   2%
U.S. Possessions and territories   3%

Citizenship:

U.S. 95%
Canada   3%
Other   2%
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 1170
Median 1160
Range (Middle 80%) From 1090
to 1220
Minimum SAT Score
 

ACT Scores for full-time entering business students

Average 24
Median 24
Range (Middle 80%) From 21
to 27
Minimum ACT Score NA
 
Minimum High School GPA NA
Does the school require an entrance exam? Yes
 
Student Age (years)  
Average 18
Median 18
 
High School performance of entering business students
Top 10% of high school class 28%
Top 25% of high school class 60%
GPA of 3.75 or higher 27%
GPA of 3.5 to 3.75 24%
GPA of 3.25 to 3.49 25%
GPA of 3.00 to 3.24 17%
GPA of 2.50 to 2.99   5%
GPA of 2.00 to 2.49   2%
GPA of 1.00 to 1.99   0%
GPA below 1.0   0%
For Internal Transfers  
Minimum overall college GPA 2.00
Additional application requirements

ADMISSIONS

University Application fee (resident) $ 50.00
University Application fee (nonresident) $ 50.00
University Application fee (non-resident transfers) $ 50.00
 

The university financial aid office manages admissions to the business program

2863 people applied to undergraduate programs for the 2006 academic year. The school accepted 71% (selectivity) of those applicants, and 32% of admitted applicants (yield) enrolled.

  2% of applicants had applied in prior years, and of those reapplicants   1% were accepted.

The university placed 20 applicant(s) on its wait list. 10 wait-listed applicants were admitted to the semester for which they applied.

Does the business program admit freshmen? Yes

100% of 2006 admissions to the program were freshmen

How do freshmen apply? Indicate interest on university application

How do internal transfers apply? NA

322 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.

71% of these applicants were admitted to the program and 100% of admitted students enrolled.

70 internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. 67 were admitted to the program.

Share of all university applicants who are female: 29%
Share of all university applicants who are not from the U.S.   9%

Interviews for applicants are Recommended

Additional application requirements (including those for international students):
2 Letters of recommendation are required.

Official TOEFL or IELTS score report, if English is not a student's first language. A TOEFL score of 550 paper-based, 213 computer-based, or 80 internet-based, or an IELTS score of 6.5, is required for admission.

Transfer - If a student is applying with less than 24 hours of college credit, an official secondary school transcript and SAT or ACT score report are required.

Relative importance of the following factors in deciding who gets admitted to the university:

Secondary School Record: Very Important

Class Rank: Important

High School GPA: Very Important

SAT/ACT Scores: Important

Application Essay: Important

Recommendations: Considered

Interview: Not Considered

Extracurricular Activities: Considered

Talent/ability: Considered

Character/personal qualities: Considered

Volunteer Work: Considered

Work Experience: Considered


COSTS

Annual Costs

Resident Tuition $ 28,470.00
Nonresident Tuition $ 28,470.00
Room and Board $ 10,130.00
Books $ 1,100.00
Other Expenses (please specify)
Personal $1,000.00
Transportation $860.00


Tuition per credit hour (U.S. dollars)

Resident $ 949.00
Nonresident $ 949.00

2007-2008 DEADLINES

University Application deadlines for:
Fall Semester 01/15/2007
Spring Semester 12/01/2006

Business Program deadlines for:

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: $ 869,552.00

Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: $ 1,060,694.00

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 94%
Percent of business students receiving full-tuition scholarships 94%
Percent of scholarships offered to business students based on need 30%
Percent of scholarships offered to business students based on merit 70%

How do applicants apply for scholarships?
Apply for Admission and file FAFSA

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: NA

CONTACTS

Dean Timothy F. Sugrue Hired as of 07/01/2000

ACADEMICS & REQUIREMENTS

Specializations offered:
Other, ,

Innovation

Project Management

Law Studies

Programs Offered

BS Innovation and Entrepreneurship Full time
BS Supply Chain Management Full time
BS Financial Info and Analysis Full time
BS Info Sys and Bus Processing Full time
BS Interdisciplinary Engineering and Mgmt Full time
Core curriculum last revised 2005
Average class size in required business classes 37
Average class size in business electives 24
Average class size in non-business classes (required for admission to the business program NA

23% of business classes (core and elective) have fewer than 20 students

62% of business classes (core and elective) have 21 to 50 students

15% of business classes (core and elective) have more than 50 students

80% of required business courses reached maximum enrollment by the first day of class from June 30, 2004 to June 30, 2005.

15% 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:
Entrepreneurship, Supply Chain Management, Other

Number of elective courses (not multiple sessions of same course) available in the past academic year: 34

New electives added in the past academic year:
Regional Economic Dev and Innovation
Supply Chain and Marketing Channels
Supply Chain Systems Design
Entrepreneurial Venture Strategies
Supply Chain Environmental Management




What special programs are available to business students?
Special programs include integrated degree programs in engineering and management, business and liberal arts, and numerous cross-discipinary majors. Honors program, SPEED teams, i-TEAMS, Venture program for new business launch, annual Innovation Challenge, EntrepreneurshipWeek USA activities


Work study or co-op opportunities Yes
Internships or co-ops are required of all business students. The School works closely with Clarkson's Career Center to help students through extensive outreach. The School distributes an e-zine to connect employers and students, collaborares with students organizations, such as CEO, to host networking dinners for business students with potential employers, and hosts career fairs and many other events with alumni and employers. Work-study on- and off-campus are widely available.
Study abroad opportunities Yes
Students are required to complete an international experience prior to graduation. This can be either a traditional semester abroad at a partner school (agreements are in place with schools on six continents) or a summer faculty-led international three-credit course.
Volunteer and community service opportunities Yes
Business students are involved in many service projects through an affiliation with Clarkson's Chapter of CEO including an annual Breast Cancer Awareness campaign, which raised in 2006 more than $10,000. In addition, all freshman business students are required to launch a business in the first semester with profits over and above loan repayment donated to a charirity of choice, including in 2007 Make A Wish Foundation, Potsdam Neighborhood Center, and camp for children with cancer.
Business clubs and extracurricular activities Yes
Clarkson has four on-campus business related clubs including the award-winning chapter of Collegiate Entrepreneurs Organzization (CEO), Alpha Kappa Psi (a co-ed professional organization), the Society of Human Reources Resources, and the Engineering and Management Society.

FACULTY

Total full-time undergraduate business faculty 35
Total undergraduate business adjuncts and visiting business faculty 3
Total undergraduate permanent/tenured business professors 14

14% of permanent/tenured business professors are women

  7% of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)

28% of permanent/tenured business professors are members of company boards of directors or boards of advisors

37% of permanent/tenured business professors have owned their own business

Prominent Faculty: Augustine A. Lado, Farzad Mahmoodi, H. Sonmez Atesoglu


STUDENT LIFE

Freshmen are required to live on campus

80%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): 240

Wireless network is available in main B-school buildings

Technology changes made over the past three years:
All academic buildings are wireless; our Center for Excellence in Communications received recent major hardware and software upgrades; All business classrooms are technology-enabled "SMART" classrooms; e-learning and Podcasting have been implemented in selected courses; Open Source Lab recently renovated; Virtual Reality/Product Development Lab recently opened.

THE FULL-TIME JOB HUNT

The school has information regarding the employment of 80% of 2006 graduates

Of 2006 graduates for whom we have information...

90% were seeking full-time professional employment in business

10% were not seeking full-time professional employment in business

For those not seeking employment in business...

10% of those were already employed at graduation

90% were planning to continue their education immediately after graduation

  0% were postponing their job search

  0% were planning to start their own business

  0% of those not working were doing so for other reasons

118 companies recruited business students on campus from June 30, 2005 to June 30, 2006

236 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...

60 received their first job offer by graduation

40 received their first job offer within three months of graduation

0 received their first job offer more than three months after graduation

0 did not report having received an offer


Top 10 recruiting firms that hired the most graduates in the past academic year No. hired
IBM Corporation 18
General Electric 13
Accenture 9
Lockheed Martin Corp. 8
TAC 5
Raytheon 5
Saint Gobain 5
Whiting-Turner 5
Honeywell Int'l Inc. 4
Target Corp. 3

Historic Salary Prospects for 2005 Grads (school reported)
Average base salary $ 51,200.00
Median base salary $ 52,500.00
Average signing bonus $ 4,150.00
Median signing bonus $ 4,200.00
Average other guaranteed compensation $ 3,200.00
Median other guaranteed compensation $ 3,350.00

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? Yes

Finance
(includes corporate finance, investments, treasury and financial analysis, public finance, etc.)
  8%
Accounting/auditing   8%
General Management   4%
Human Resources 12%
Marketing/Sales
(includes public relations, product management, market research, advertising, etc.)
12%
Management Information Systems 16%
Operations 22%
Logistics/Transportation 18%
Other   0%

What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? Yes

Accounting   2%
Consumer Products & Retail   2%
Consulting 20%
Financial Services   5%
Government, Nonprofit, & Education   1%
Health   0%
Manufacturing   5%
Media & Entertainment   0%
Sports & Leisure   0%
Technology & Science   0%
Transportation   4%
UTILITIES   1%
Other   0%

North American Jobs

  2% of 2006 graduates accepted jobs in Canada

98% 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)
50%
Mid-Atlantic
(PA, MD, VA, WV, DE, DC)
25%
South
(NC, SC, KY, TN, GA, FL, AL, AR, LA, MS)
20%
Southwest
(CO, AZ, TX, OK, NM)
  2%
Midwest
(WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL)
  2%
West
(CA, HI, WA, OR, AK, MT, ID, UT, NV, WY)
  1%
U.S. possessions and territories
(America Samoa, Palau, Guam, Puerto Rico, Virgin Islands)
20%
Canada   2%

INTERNSHIPS

60 companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006

92% of internships were paid.

Average compensation per week$ 720.00
Median compensation per week $ 700.00
Average internship length (weeks) 12

45 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
General Electric 20
IBM Corporation 10
Johnson & Johnson 6
Whiting Turner 6
Atlantic Testing Labs 5
Corning 4
Merrill Lynch 3
Dresser-Rand 3
Disney 2
Linden Labs 2

ALUMNI AFFAIRS

30% 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 $ 125.00
The median gift was $ 100.00

From June 30, 2005 to June 30, 2006, the undergraduate business program 30% received any individual gift in excess of $10 million

Prominent Alumni

Barney Adams, Founder, CEO, Adams Golf

John McLennon, Former CEO, Bell Canada

Robert Fanch, Founder, CEO, Conversent Communications


PROGRAM REQUIREMENTS

Credit hours required for business degree (including university and program requirements)

Minimum of 120 for B.S.
Minimum of 60 for B.S.

Other requirements to earn undergraduate business degree
Requirements for the undergraduate business degree include a 2.0 overall GPA for graduation and 2.0 in major. International experience in form of study abroad or faculty-led program required; professional experience in the form of internship and/or co-op required. Course in SAP required.

96% of business students graduate from the program within four years of admission to the university

98% of business students graduate from the program within six years of admission to the university


 
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