2007 UNDERGRAD PROFILE

University of Delaware

Alfred Lerner College of Business and Economics

Undergraduate Program

 




B-School and Program Basics

Address: University of Delaware
Alfred Lerner Hall
Newark, DE
US 19716

Program E-Mail

Program Web site

Alfred Lerner College of Business and Economics is a public institution.
Undergrad business program was founded: 1963
Accredited by AACSB International

Classes begin:

Spring Semester 02/05/2008
Fall Semester 09/04/2007
Other

Enrollment

Total undergraduate business school enrollment 2273
Total full-time undergraduate business students 2206
Total part-time undergraduate business students 67
Total distance undergraduate business students
 

STUDENT PROFILE: MOST RECENT ENTERING CLASS

Female students in class 42%
International students   1%

For U.S. schools only:

African American students   4%
Native Americans   0%
Asian Americans   6%
Hispanic   6%
White (non-Hispanic) 82%
Unknown   0%
Other   0%

U.S. students by region:

Mid-Atlantic U.S. 45%
Midwest U.S.   0%
Northeast U.S. 52%
South U.S.   1%
Southwest U.S.   1%
West U.S.   1%
U.S. Possessions and territories   0%

Citizenship:

U.S. 98%
Canada   0%
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 1788
Median 1800
Range (Middle 80%) From 1700
to 1900
Minimum SAT Score
 

ACT Scores for full-time entering business students

Average na
Median na
Range (Middle 80%) From na
to na
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 34%
Top 25% of high school class 78%
GPA of 3.75 or higher 37%
GPA of 3.5 to 3.75 26%
GPA of 3.25 to 3.49 18%
GPA of 3.00 to 3.24 11%
GPA of 2.50 to 2.99   8%
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) $ 60.00
University Application fee (nonresident) $ 60.00
University Application fee (non-resident transfers) $ 60.00
 

The university financial aid office manages admissions to the business program

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

  1% of applicants had applied in prior years, and of those reapplicants 90% were accepted.

The university placed applicant(s) on its wait list. 262 wait-listed applicants were admitted to the semester for which they applied.

Does the business program admit freshmen? Yes

NA % of 2006 admissions to the program were freshmen

How do freshmen apply? Other
The admissions office considers the rigor of the high school curriculum, the trend in grades, SAT or ACT scores, and what it can infer about a student's intellectual curiosity from reading letters of recommencation and admissions essay. Special talents, obstacles overcome, and life experiences are also considered.

How do internal transfers apply? NA

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

NA % of these applicants were admitted to the program and NA % 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.   1%

Interviews for applicants are Not required

Additional application requirements (including those for international students):
TOEFL, financial statement, summary of academic experiences.

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

Secondary School Record: Very Important

Class Rank: Not Considered

High School GPA: Important

SAT/ACT Scores: Important

Application Essay: Very Important

Recommendations: Very Important

Interview: Considered

Extracurricular Activities: Considered

Talent/ability: Considered

Character/personal qualities: Considered

Volunteer Work: Considered

Work Experience: Considered


COSTS

Annual Costs

Resident Tuition $ 6,980.00
Nonresident Tuition $ 17,690.00
Room and Board $ 7,366.00
Books $ 800.00
Other Expenses (please specify)
Mandatory Fees $760.00


Tuition per credit hour (U.S. dollars)

Resident $ 291.00
Nonresident $ 737.00

2007-2008 DEADLINES

University Application deadlines for:
Spring Semester 12/01/2007
Fall Semester 03/01/2007
Other

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: NA

Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: NA

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 42%
Percent of business students receiving full-tuition scholarships 42%
Percent of scholarships offered to business students based on need 47%
Percent of scholarships offered to business students based on merit 53%

How do applicants apply for scholarships?
Incoming freshmen evaluated for scholarships based on their admission credentials by a committee (no separate application is required).

Current students are evaluated as monies become available during school year, based on academic standing. Optionally, an application may be placed on file with the Financial Aid Office.

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 Bobby Gempesaw Hired as of 07/01/2006

ACADEMICS & REQUIREMENTS

Specializations offered:
Accounting, Real Estate, , ,

Programs Offered

BA Economics Full time
BS Acctg, Econ, Finc, IB, MGT, MKT, MIS, OM Full time
Core curriculum last revised 2005
Average class size in required business classes 42
Average class size in business electives 25
Average class size in non-business classes (required for admission to the business program

14% of business classes (core and elective) have fewer than 20 students

72% of business classes (core and elective) have 21 to 50 students

14% of business classes (core and elective) have more than 50 students

85% 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, Economics, Finance, Management Information Systems, Marketing

Number of elective courses (not multiple sessions of same course) available in the past academic year: 14

New electives added in the past academic year:
BUAD468








What special programs are available to business students?
Undergraduate research opportunities, internship opportunities, first year experience focused on business, honors in major.


Work study or co-op opportunities No
Study abroad opportunities Yes
Over 70 programs offered universitywide with many specifically developed for business students.
Volunteer and community service opportunities Yes
The university provides a central location for information about service learning opportunities. There are service learning courses, or opportunities for students to design individual service learning projects.
Business clubs and extracurricular activities Yes
There are over a dozen business focused student organizations and honor societies available to our students.

FACULTY

Total full-time undergraduate business faculty 108
Total undergraduate business adjuncts and visiting business faculty 16
Total undergraduate permanent/tenured business professors 70

16% of permanent/tenured business professors are women

  1% of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)

  0% of permanent/tenured business professors are members of company boards of directors or boards of advisors

  0% of permanent/tenured business professors have owned their own business

Prominent Faculty: Elson, Seidman, Gehrlein


STUDENT LIFE

Freshmen are required to live on campus

90%of all business students live on campus

Business students are not 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): 850

Wireless network is available in main B-school buildings

Technology changes made over the past three years:
Upgraded B&E computing lab, added handheld devices to curriculum, upgraded classroom to accomodate videoconferencing, added netdev servers to allow student programming. B&E network upgraded from 10 Mbit to 100 Mbit. Upgraded UD email system with anti-spam and anti-virus capabilities. UD implemented partnership with online music service free to all UD students.

THE FULL-TIME JOB HUNT

The school has information regarding the employment of 40% of 2006 graduates

Of 2006 graduates for whom we have information...

90% were seeking full-time professional employment in business

  5% were not seeking full-time professional employment in business

For those not seeking employment in business...

95% of those were already employed at graduation

  2% were planning to continue their education immediately after graduation

NA % were postponing their job search

NA % were planning to start their own business

  3% of those not working were doing so for other reasons

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

853 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

received their first job offer within three months of graduation

received their first job offer more than three months after graduation

did not report having received an offer


Top 10 recruiting firms that hired the most graduates in the past academic year No. hired
Ernst & Young 16
MBNA/BOA 14
PricewaterhouseCoopers 12
JPMorgan Chase & Co. 10
Deloitte Touche Tomatsu 9
Vanguard Group 8
KPMG LLP 7
Reznick Group, Enterprise 6
Ameriprise, duPont, Lockheed Martin 5
Cintas, Citigroup, Ryan Homes 4

Historic Salary Prospects for 2005 Grads (school reported)
Average base salary NA
Median base salary NA
Average signing bonus NA
Median signing bonus NA
Average other guaranteed compensation NA
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? Yes

Finance
(includes corporate finance, investments, treasury and financial analysis, public finance, etc.)
20%
Accounting/auditing 20%
General Management 10%
Human Resources   3%
Marketing/Sales
(includes public relations, product management, market research, advertising, etc.)
20%
Management Information Systems 10%
Operations 10%
Logistics/Transportation   5%
Other   2%

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

Accounting 20%
Consumer Products & Retail 15%
Consulting 10%
Financial Services 25%
Government, Nonprofit, & Education   5%
Health   5%
Manufacturing 10%
Media & Entertainment   5%
Sports & Leisure NA %
Technology & Science   5%
Transportation NA %
UTILITIES NA %
Other NA %

North American Jobs

  0% of 2006 graduates accepted jobs in Canada

100% 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)
34%
Mid-Atlantic
(PA, MD, VA, WV, DE, DC)
59%
South
(NC, SC, KY, TN, GA, FL, AL, AR, LA, MS)
  3%
Southwest
(CO, AZ, TX, OK, NM)
  2%
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)
  1%
U.S. possessions and territories
(America Samoa, Palau, Guam, Puerto Rico, Virgin Islands)
  3%
Canada   0%

INTERNSHIPS

21 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 weekNA
Median compensation per week NA
Average internship length (weeks)

383 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

11% 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 $ 215.00
The median gift was $ 50.00

From June 30, 2005 to June 30, 2006, the undergraduate business program 11% received any individual gift in excess of $10 million

Prominent Alumni


PROGRAM REQUIREMENTS

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

Minimum of 120 for BA/BS Econ, Acct
Minimum of 60 for BS/BA

Other requirements to earn undergraduate business degree

72% of business students graduate from the program within four years of admission to the university

81% of business students graduate from the program within six years of admission to the university


 
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