2007 UNDERGRAD PROFILE
Illinois at Urbana-Champaign
College of Business
Undergraduate Program
B-School and Program Basics
| Address: | 214 David Kinley Hall 1407 West Gregory Drive Urbana, IL US 61801 |
Program E-Mail |
Program Web site |
College of Business is a public institution.
Undergrad business program was founded: 1915
Accredited by AACSB International
Classes begin:
| Fall Semester | 08/22/2007 |
| Fall Semester | 08/22/2007 |
Enrollment
| Total undergraduate business school enrollment | 2967 |
| Total full-time undergraduate business students | 2967 |
| Total part-time undergraduate business students | 0 |
| Total distance undergraduate business students | 0 |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 41% |
| International students | 8% |
For U.S. schools only: |
|
| African American students | 7% |
| Native Americans | 1% |
| Asian Americans | 18% |
| Hispanic | 11% |
| White (non-Hispanic) | 60% |
| Unknown | 3% |
| Other | NA % |
U.S. students by region:
| Mid-Atlantic U.S. | 1% |
| Midwest U.S. | 94% |
| Northeast U.S. | 2% |
| South U.S. | 1% |
| Southwest U.S. | 1% |
| West U.S. | 1% |
| U.S. Possessions and territories | NA % |
Citizenship:
| U.S. | 92% |
| Canada | NA % |
| Other | 8% |
| Unknown | NA % |
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 | 1310 |
| Median | |
| Range (Middle 80%) | From 1240 to 1380 |
| Minimum SAT Score | |
ACT Scores for full-time entering business students |
|
| Average | 29.5 |
| Median | |
| Range (Middle 80%) | From 28 to 31 |
| Minimum ACT Score | NA |
| Minimum High School GPA | NA |
| Does the school require an entrance exam? | No |
| Student Age (years) | |
| Average | 17 |
| Median | |
| High School performance of entering business students | |
| Top 10% of high school class | 69% |
| Top 25% of high school class | 92% |
| GPA of 3.75 or higher | 79% |
| GPA of 3.5 to 3.75 | 11% |
| GPA of 3.25 to 3.49 | 5% |
| GPA of 3.00 to 3.24 | 4% |
| GPA of 2.50 to 2.99 | 0% |
| 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 | |
| NA | |
ADMISSIONS
| University Application fee (resident) | $ 40.00 | ||
| University Application fee (nonresident) | $ 50.00 | ||
| University Application fee (non-resident transfers) | $ 50.00 | ||
The business program's financial aid office manages admissions to the business program
22367 people applied to undergraduate programs for the 2006 academic year. The school accepted 43% (selectivity) of those applicants, and 61% of admitted applicants (yield) enrolled.
NA % of applicants had applied in prior years, and of those reapplicants NA % were accepted.
The university placed applicant(s) on its wait list. wait-listed applicants were admitted to the semester for which they applied.
Does the business program admit freshmen? Yes
63% of 2006 admissions to the program were freshmen
How do freshmen apply? Indicate interest on university application
NA
How do internal transfers apply? NA
NA
3498 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
43% of these applicants were admitted to the program and 63% of admitted students enrolled.
623 internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. 40 were admitted to the program.
| Share of all university applicants who are female: | 47% |
| Share of all university applicants who are not from the U.S. | 5% |
Interviews for applicants are By invitation only
Additional application requirements (including those for international students):
TOEFL is required for international students, unless they have spent the last two years at an institution where English is the language of instruction.
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: Very Important
Application Essay: Very Important
Recommendations: Not Considered
Interview: Not Considered
Extracurricular Activities: Very Important
Talent/ability: Very Important
Character/personal qualities: Very Important
Volunteer Work: Very Important
Work Experience: Very Important
COSTS
Annual Costs
| Resident Tuition | $ 11,170.00 |
| Nonresident Tuition | $ 25,056.00 |
| Room and Board | $ 7,716.00 |
| Books | $ 1,000.00 |
| Other Expenses (please specify) | |
| Fees | $2,354.00 |
Tuition per credit hour (U.S. dollars)
| Resident | NA |
| Nonresident | NA |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Semester | 01/02/2007 | Fall Semester | 03/15/2007 |
| Business Program deadlines for: | |
| SemesterSemester | 01/02/2007 |
| SemesterSemester | 03/15/2007 |
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: 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 | NA % |
| Percent of business students receiving full-tuition scholarships | NA % |
| Percent of scholarships offered to business students based on need | NA % |
| Percent of scholarships offered to business students based on merit | NA % |
How do applicants apply for scholarships?
Students are automatically evaluated by the Admissions Committee for any potential College pf Business Scholarships. Students must submit FAFSA to be considered for financial aid.
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 Avijit Ghosh | Hired as of 01/16/2003 |
ACADEMICS & REQUIREMENTS
Specializations offered:
Accounting, , ,
Business Process Management
Information Systems and Technology
Technology and Management
Programs Offered
| BS | Accountancy | Full time |
| BS | Business Administration (BA) Marketing | Full time |
| BS | (BA) Management; (BA) Entrepreneurship | Full time |
| BS | (BA) International Business | Full time |
| BS | (BA) Business Process Management | Full time |
| BS | (BA) Info Systems; (BA) Supply Chain Mgm | Full time |
| BS | Finance | Full time |
| Core curriculum last revised 2005 |
| Average class size in required business classes | 51 |
| Average class size in business electives | 35 |
| Average class size in non-business classes (required for admission to the business program | 56 |
23% of business classes (core and elective) have fewer than 20 students
64% of business classes (core and elective) have 21 to 50 students
12% 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.
0% 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, Finance, Marketing, Supply Chain Management
Number of elective courses (not multiple sessions of same course) available in the past academic year: 75
New electives added in the past academic year:
Asset Management
Private Equity
Hedge Funds
Equipment Leasing & Financing
Mergers & Aquisitions
Bonds/Fixed Income
Investment Banking
Lectures in Entrepreneurship
Strategy and Management Consulting
Law, Technology, and Intellectual Proper
What special programs are available to business students?
Accountancy Symposium
Academy for Entreprenuerial Leadership
Business Honors Program
Center for International Business and Research (CIBER)Council of Presidents
Finance Academy
Golder Center for Private Equity Research
Hoeft Technology and Management Program
International Trade Center
James Scholars Program
Research Opportunities
Zimmerman Center for International Research in Accounting
| Work study or co-op opportunities | No |
| NA | |
| Study abroad opportunities | Yes |
| Over 325 active programs offered across the globe. Summer programs and short-term faculty-led programs. Semester and year-long programs including exchanges in Europe and Asia where students pay less than $1,000 in tuition per semester. | |
| Volunteer and community service opportunities | Yes |
| Business Tutorial Program LEAD Community Service Project Service and Volunteerism Opportunities Social Entrepreneurship Summer Institute Volunteer Programs | |
| Business clubs and extracurricular activities | Yes |
| Alpha Kappa Psi American Marketing Association Beta Alpha Psi Business Council Delta Sigma Pi Economics Club Educational Society for Resource Management Finance Club Information Systems Association International Association of Economics/Business Management Latino Association for Business Students National Association of Black Accountants Phi Chi Theta Phi Gamma Nu Project Discovery Accountancy Society | |
FACULTY
| Total full-time undergraduate business faculty | 107 |
| Total undergraduate business adjuncts and visiting business faculty | 39 |
| Total undergraduate permanent/tenured business professors | 50 |
16% of permanent/tenured business professors are women
2% of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)
23% of permanent/tenured business professors are members of company boards of directors or boards of advisors
23% of permanent/tenured business professors have owned their own business
Prominent Faculty: Josef Lakonishok, Ira Solomon, Greg Oldham
STUDENT LIFE
Freshmen are required to live on campus
57%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): 3000
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
Upgrading multimedia equipment in classrooms; upgrading wireless network; upgrading network to CAT 6; desktop and laptop computers for faculty and staff; providing teachers and students with Tablet PCs; upgrading student computer labs; upgrading servers, backup and storage systems.
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 95% 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
96% were planning to continue their education immediately after graduation
2% were postponing their job search
0% were planning to start their own business
2% of those not working were doing so for other reasons
316 companies recruited business students on campus from June 30, 2005 to June 30, 2006
692 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...
80 received their first job offer by graduation
4 received their first job offer within three months of graduation
received their first job offer more than three months after graduation
16 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 | 29 |
| KPMG LLP | 20 |
| Ernst & Young LLP; LaSalle Bank | 14 |
| PricewaterhouseCoopers | 13 |
| Huron Consulting Group; JP Morgan Chase | 12 |
| Grant Thornton LLP | 9 |
| CNA Insurance; Crowe Chizek & Company | 7 |
| Kraft Foods, Inc.; Motorola, Inc. | 7 |
| Duff & Phelps, LLC; Liberty Mutual Insur | 6 |
| McGladrey & Pullen, LLP | 6 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 47,701.00 |
| Median base salary | $ 50,000.00 |
| Average signing bonus | $ 3,583.00 |
| Median signing bonus | $ 2,500.00 |
| Average other guaranteed compensation | $ 11,766.00 |
| Median other guaranteed compensation | $ 5,100.00 |
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? No
| Finance (includes corporate finance, investments, treasury and financial analysis, public finance, etc.) | 33% |
| Accounting/auditing | 33% |
| General Management | 7% |
| Human Resources | 1% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 12% |
| Management Information Systems | 1% |
| Operations | 1% |
| Logistics/Transportation | 0% |
| Other | 12% |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? No
| Accounting | 25% |
| Consumer Products & Retail | 9% |
| Consulting | 11% |
| Financial Services | 24% |
| Government, Nonprofit, & Education | 2% |
| Health | 2% |
| Manufacturing | 11% |
| Media & Entertainment | 2% |
| Sports & Leisure | 0% |
| Technology & Science | 2% |
| Transportation | 1% |
| UTILITIES | 0% |
| Other | 12% |
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) | 4% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 1% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 1% |
| Southwest (CO, AZ, TX, OK, NM) | 1% |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | 91% |
| West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY) | 2% |
| U.S. possessions and territories (America Samoa, Palau, Guam, Puerto Rico, Virgin Islands) | 1% |
| Canada | 0% |
INTERNSHIPS
122 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 | $ 716.00 |
| Median compensation per week | $ 700.00 |
| Average internship length (weeks) | 10 |
313 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 |
| Deloitte Touche Tomatsu | 47 |
| KPMG LLP | 38 |
| Ernst & Young | 37 |
| PricewaterhouseCoopers | 35 |
| Motorola, Inc. | 27 |
| McGradrey & Pullen, LLP | 15 |
| Caterpillar, Inc. | 14 |
| Johnson & Johnson; State Farm Insurance | 11 |
| Crowe Chizek & Comp. LLC; Northwestern M | 10 |
| Financial Network; Sears Holding Corpora | 10 |
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 | $ 979.00 |
| The median gift was | $ 100.00 |
From June 30, 2005 to June 30, 2006, the undergraduate business program 9% received any individual gift in excess of $10 million
Prominent Alumni
Mark Hogan, President, Magna International
Karen May, Executive Vice President, Kraft Foods, Inc.
Michael Krasny, Founder, CDW
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 124 for BS |
| Minimum of 65 for BS |
