2007 UNDERGRAD PROFILE
Drexel University
LeBow College of Business
B-School and Program Basics
| Address: | 3141 Chestnut Street Matheson 106 Philadelphia, PA US 19104 |
Program E-Mail |
Program Web site |
LeBow College of Business is a private institution.
Undergrad business program was founded: 1922
Accredited by AACSB International
Classes begin:
| Fall Quarter | 09/24/2007 |
| Winter Quarter | 01/07/2008 |
| Spring Quarter | 03/31/2008 |
Enrollment
| Total undergraduate business school enrollment | 2451 |
| Total full-time undergraduate business students | 2403 |
| Total part-time undergraduate business students | 48 |
| Total distance undergraduate business students | 0 |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 38% |
| International students | 9% |
For U.S. schools only: |
|
| African American students | 7% |
| Native Americans | 0% |
| Asian Americans | 24% |
| Hispanic | 4% |
| White (non-Hispanic) | 63% |
| Unknown | 2% |
| Other | 0% |
U.S. students by region:
| Mid-Atlantic U.S. | 55% |
| Midwest U.S. | 1% |
| Northeast U.S. | 41% |
| South U.S. | 1% |
| Southwest U.S. | 1% |
| West U.S. | 2% |
| U.S. Possessions and territories | 0% |
Citizenship:
| U.S. | 91% |
| Canada | 0% |
| Other | 6% |
| Unknown | 3% |
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 | 1161 |
| Median | 1160 |
| Range (Middle 80%) | From 1120 to 1190 |
| Minimum SAT Score | 1050 |
ACT Scores for full-time entering business students |
|
| Average | 23 |
| Median | 22 |
| Range (Middle 80%) | From 21 to 26 |
| Minimum ACT Score | 20 |
| Minimum High School GPA | 3.00 |
| 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 | 22% |
| Top 25% of high school class | 49% |
| GPA of 3.75 or higher | 22% |
| GPA of 3.5 to 3.75 | 16% |
| GPA of 3.25 to 3.49 | 12% |
| GPA of 3.00 to 3.24 | 21% |
| GPA of 2.50 to 2.99 | 23% |
| GPA of 2.00 to 2.49 | 6% |
| 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 | |
| Minumum high school math must be at least trigonometry. | |
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
16320 people applied to undergraduate programs for the 2006 academic year. The school accepted 79% (selectivity) of those applicants, and 26% of admitted applicants (yield) enrolled.
0% of applicants had applied in prior years, and of those reapplicants 0% were accepted.
The university placed 285 applicant(s) on its wait list. 90 wait-listed applicants were admitted to the semester for which they applied.
Does the business program admit freshmen? Yes
79% of 2006 admissions to the program were freshmen
How do freshmen apply? Indicate interest on university application
Accelerated degree applicants (BS/MS) must complete a supplemental application. Non-native English speakers are required to take the TOEFL (213 CB & 550 PB). Transfer students must furnish transcripts from all prior colleges attended.
How do internal transfers apply? NA
Minumum high school math must be at least trigonometry.
3047 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
79% of these applicants were admitted to the program and 79% of admitted students enrolled.
121 internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. 100 were admitted to the program.
| Share of all university applicants who are female: | 53% |
| Share of all university applicants who are not from the U.S. | 8% |
Interviews for applicants are Recommended
Additional application requirements (including those for international students):
Accelerated degree applicants (BS/MS) must complete a supplemental application. Non-native English speakers are required to take the TOEFL (213 CB & 550 PB). Transfer students must furnish transcripts from all prior colleges attended.
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: Very Important
Application Essay: Considered
Recommendations: Considered
Interview: Considered
Extracurricular Activities: Considered
Talent/ability: Important
Character/personal qualities: Considered
Volunteer Work: Considered
Work Experience: Considered
COSTS
Annual Costs
| Resident Tuition | $ 26,000.00 |
| Nonresident Tuition | $ 26,000.00 |
| Room and Board | $ 11,000.00 |
| Books | $ 1,650.00 |
| Other Expenses (please specify) | |
Tuition per credit hour (U.S. dollars)
| Resident | $ 710.00 |
| Nonresident | $ 710.00 |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Quarter | 03/01/2007 | Winter Quarter | 11/15/2007 | Spring Quarter | 02/15/2008 |
| Business Program deadlines for: | |
| SemesterQuarter | 03/01/2007 |
| QuarterQuarter | 11/15/2007 |
| TrimesterQuarter | 02/15/2008 |
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: $ 6,254,436.00
Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: $ 7,943,695.00
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 | 40% |
| Percent of business students receiving full-tuition scholarships | 40% |
| Percent of scholarships offered to business students based on need | 27% |
| Percent of scholarships offered to business students based on merit | 73% |
How do applicants apply for scholarships?
Automatic review at the time of admission for incoming freshmen. Automatic review at the time of endowed scholarship dispursement for current students.
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: $ 34,000.00
CONTACTS
| Dean George P. Tsetsekos, Ph.D | Hired as of 08/01/2001 |
ACADEMICS & REQUIREMENTS
Specializations offered:
Accounting, Other, , ,
General Business
Legal Studies
Programs Offered
| BS | Business Administration | Full time |
| BS | Business and Engineering | Full time |
| BS | Economics | Full time |
| Core curriculum last revised 2005 |
| Average class size in required business classes | 36 |
| Average class size in business electives | 20 |
| Average class size in non-business classes (required for admission to the business program | 23 |
26% of business classes (core and elective) have fewer than 20 students
63% of business classes (core and elective) have 21 to 50 students
10% of business classes (core and elective) have more than 50 students
22% of required business courses reached maximum enrollment by the first day of class from June 30, 2004 to June 30, 2005.
5% 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, International Business, Marketing
Number of elective courses (not multiple sessions of same course) available in the past academic year: 54
New electives added in the past academic year:
Forensic Accounting
Financial Planning and Tax
Corporate Governance
White Collar Crime
Employment Law
Intellectual Property and Cyber Law
Six-Sigma Quality Implementation
Applied Statistical Models for Managemen
Service Operation Management
What special programs are available to business students?
* CEO (Creating Excellent Organzations) - Personal Leadership Certification Series
* Basic Training for Business (soft-skills improvement)
* My LIFEfolio (electronic learning portfolio)
* Business Plan Competition
* Business Simulations Competition
| Work study or co-op opportunities | Yes |
| Drexel University is one of the top co-op schools in the nation with approximately 1500 employer partners. Nearly 1000 business student particpated in co-op last year. | |
| Study abroad opportunities | Yes |
| The business program offers traditional study abroad opportunities as well as international co-op opportunties. | |
| Volunteer and community service opportunities | Yes |
| All freshman are required to do a minimum of 5 hours of community service. There are several community service groups on campus. Most business specific student groups also participate in community service initiatives. | |
| Business clubs and extracurricular activities | Yes |
| Drexel University has more than 100 student clubs and orgnanziations. LeBow College of business supports 15 business-related student organizations. | |
FACULTY
| Total full-time undergraduate business faculty | 107 |
| Total undergraduate business adjuncts and visiting business faculty | 96 |
| Total undergraduate permanent/tenured business professors | 46 |
25% of permanent/tenured business professors are women
30% 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: Ralph Walkling, Jeffrey Greenhaus, David Gefen
STUDENT LIFE
Freshmen are required to live on campus
84%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): 500
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
A finance trading lab was built with two tickers. We also purchased the Wharton Rsearch database. The College has spent $2,620,800 on technological improvements in the last three years.
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 99% of 2006 graduates
Of 2006 graduates for whom we have information...
49% were seeking full-time professional employment in business
51% were not seeking full-time professional employment in business
For those not seeking employment in business...
83% of those were already employed at graduation
11% were planning to continue their education immediately after graduation
0% were postponing their job search
0% were planning to start their own business
6% of those not working were doing so for other reasons
51 companies recruited business students on campus from June 30, 2005 to June 30, 2006
116 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
15 received their first job offer within three months of graduation
5 received their first job offer more than three months after graduation
20 did not report having received an offer
| Top 10 recruiting firms that hired the most graduates in the past academic year | No. hired |
| Deloitte Touche Tomatsu | 13 |
| PricewaterhouseCoopers | 8 |
| KPMG LLP | 7 |
| McNeil Consumer & Specialty Pharmaceuticals; Vanguard Group | 6 |
| Ernst & Young; JP Morgan Chase; Lockheed Martin | 5 |
| CIGNA | 4 |
| Aramark; Johnson & Johnson | 4 |
| Global Tax Management; Resnick Amsterdam and Leeshner | 3 |
| Susquehanna International Group; PFPC | 3 |
| BDO Seidman | 3 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 44,498.00 |
| Median base salary | $ 45,000.00 |
| Average signing bonus | $ 5,238.00 |
| Median signing bonus | $ 3,000.00 |
| 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.) | 25% |
| Accounting/auditing | 29% |
| General Management | 3% |
| Human Resources | 2% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 25% |
| Management Information Systems | 6% |
| Operations | 4% |
| Logistics/Transportation | 0% |
| Other | 6% |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? Yes
| Accounting | 24% |
| Consumer Products & Retail | 14% |
| Consulting | 2% |
| Financial Services | 21% |
| Government, Nonprofit, & Education | 4% |
| Health | 3% |
| Manufacturing | 12% |
| Media & Entertainment | 0% |
| Sports & Leisure | 0% |
| Technology & Science | 0% |
| Transportation | 1% |
| UTILITIES | 0% |
| Other | 14% |
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) | 14% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 84% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 1% |
| Southwest (CO, AZ, TX, OK, NM) | 0% |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | 0% |
| 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) | 1% |
| Canada | 0% |
INTERNSHIPS
36 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 | $ 518.00 |
| Median compensation per week | $ 520.00 |
| Average internship length (weeks) | 26 |
819 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 |
| GlaxoSmithKline | 31 |
| Ace USA | 30 |
| Susquehanna International Group, LLP | 29 |
| BlackRock, Inc. | 26 |
| Johnson & Johnson | 23 |
| Philadelphia School District | 21 |
| Philadelphia Housing Authority | 19 |
| Delaware Investments | 18 |
| Aramark; Unisys | 15 |
| PJM Interconnection; Heffler, Radetich & Saitta | 11 |
ALUMNI AFFAIRS
21% 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 | $ 1,273.00 |
| The median gift was | $ 150.00 |
From June 30, 2005 to June 30, 2006, the undergraduate business program 21% received any individual gift in excess of $10 million
Prominent Alumni
Raj Gupta, Chairman and CEO, Rohm & Haas
Nicholas DeBenedictis, Chairman, AquaAmerica, Inc
Francis E. Dunleavy, Senior Managing Director, Bear Energy LP
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 180 for BS Business Administration |
| Minimum of 64 for BS Business Administration |
