2007 UNDERGRAD PROFILE
University of Iowa
Henry B. Tippie College of Business
Undergraduate Program
B-School and Program Basics
| Address: | University of Iowa, Tippie College of Business 108 John Pappajohn Business BLDG, Ste. C140 Iowa City, IA US 52242-1994 |
Program E-Mail |
Program Web site |
Henry B. Tippie College of Business is a public institution.
Undergrad business program was founded: 1858
Accredited by AACSB International
Classes begin:
| Spring Semester | 01/22/2008 |
| Summer Semester | 05/19/2008 |
| Fall Semester | 08/25/2008 |
| Spring Semester | 01/20/2009 |
| Summer Semester | 05/18/2009 |
Enrollment
| Total undergraduate business school enrollment | 1647 |
| Total full-time undergraduate business students | 1541 |
| Total part-time undergraduate business students | 106 |
| Total distance undergraduate business students | |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 39% |
| International students | 2% |
For U.S. schools only: |
|
| African American students | 1% |
| Native Americans | 0% |
| Asian Americans | 3% |
| Hispanic | 2% |
| White (non-Hispanic) | 89% |
| Unknown | 3% |
| Other | 2% |
U.S. students by region:
| Mid-Atlantic U.S. | 0% |
| Midwest U.S. | 99% |
| Northeast U.S. | 0% |
| South U.S. | 0% |
| Southwest U.S. | 1% |
| West U.S. | 0% |
| 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 | 1176 |
| Median | 1170 |
| Range (Middle 80%) | From 1100 to 1260 |
| Minimum SAT Score | |
ACT Scores for full-time entering business students |
|
| Average | 25 |
| Median | 25 |
| Range (Middle 80%) | From 23 to 28 |
| Minimum ACT Score | NA |
| Minimum High School GPA | NA |
| Does the school require an entrance exam? | No |
| Student Age (years) | |
| Average | 21 |
| Median | 21 |
| High School performance of entering business students | |
| Top 10% of high school class | 20% |
| Top 25% of high school class | 47% |
| GPA of 3.75 or higher | 33% |
| GPA of 3.5 to 3.75 | 22% |
| GPA of 3.25 to 3.49 | 20% |
| GPA of 3.00 to 3.24 | 14% |
| GPA of 2.50 to 2.99 | 10% |
| GPA of 2.00 to 2.49 | 1% |
| GPA of 1.00 to 1.99 | 0% |
| GPA below 1.0 | 0% |
| For Internal Transfers | |
| Minimum overall college GPA | 2.75 |
| Additional application requirements | |
| Completion of 60 semester hours, a 2.75 GPA in three areas, C minimums, no academic misconduct. | |
ADMISSIONS
| University Application fee (resident) | $ 40.00 | ||
| University Application fee (nonresident) | $ 40.00 | ||
| University Application fee (non-resident transfers) | $ 40.00 | ||
The university financial aid office manages admissions to the business program
20553 people applied to undergraduate programs for the 2006 academic year. The school accepted 75% (selectivity) of those applicants, and 100% 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
9% of 2006 admissions to the program were freshmen
How do freshmen apply? Complete an application, apart from the university application, Indicate interest on university application
All first-year applicants are required to complete an application to the College apart from the University application.
How do internal transfers apply? Separate application
Completion of 60 semester hours, a 2.75 GPA in three areas, C minimums, no academic misconduct.
1203 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
75% of these applicants were admitted to the program and 9% of admitted students enrolled.
1029 internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. 82 were admitted to the program.
| Share of all university applicants who are female: | 52% |
| Share of all university applicants who are not from the U.S. | 4% |
Interviews for applicants are Not required
Additional application requirements (including those for international students):
TOEFL for international, ACT or SAT for non-residents
Relative importance of the following factors in deciding who gets admitted to the university:
Secondary School Record: Considered
Class Rank: Very Important
High School GPA: Very Important
SAT/ACT Scores: Very Important
Application Essay: Not Considered
Recommendations: Not Considered
Interview: Not Considered
Extracurricular Activities: Not Considered
Talent/ability: Not Considered
Character/personal qualities: Not Considered
Volunteer Work: Not Considered
Work Experience: Not Considered
COSTS
Annual Costs
| Resident Tuition | $ 6,335.00 |
| Nonresident Tuition | $ 18,559.00 |
| Room and Board | $ 6,912.00 |
| Books | $ 840.00 |
| Other Expenses (please specify) | |
Tuition per credit hour (U.S. dollars)
| Resident | $ 264.00 |
| Nonresident | $ 773.00 |
2007-2008 DEADLINES
| University Application deadlines for: | Spring Semester | 11/15/2007 | Summer Semester | 04/01/2008 | Fall Semester | 04/01/2008 | Spring Semester | 11/15/2008 | Summer Semester | 04/01/2009 |
| Business Program deadlines for: | |
| SpringTrimesterSemester | 11/01/2007 |
| SpringAnnual AdmissionsSemester | 04/01/2008 |
| SpringSemesterSemester | 04/01/2008 |
| SpringTrimesterSemester | 20081101 |
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: $ 3,530,842.00
Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: $ 4,321,415.00
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 | 51% |
| Percent of business students receiving full-tuition scholarships | 51% |
| Percent of scholarships offered to business students based on need | 41% |
| Percent of scholarships offered to business students based on merit | 59% |
How do applicants apply for scholarships?
on-line application.
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: $ 20,234.00
CONTACTS
| Dean William C. Hunter | Hired as of 07/01/2006 |
ACADEMICS & REQUIREMENTS
Specializations offered:
Accounting, Other, , ,
Risk Management
Programs Offered
| BBA | Accounting | Full time |
| BBA | Economics | Full time |
| BBA | Finance | Full time |
| BBA | Management | Full time |
| BBA | Management Information Systems | Full time |
| BBA | Marketing | Full time |
| Core curriculum last revised 2004 |
| Average class size in required business classes | 100 |
| Average class size in business electives | 41 |
| Average class size in non-business classes (required for admission to the business program | 112 |
11% of business classes (core and elective) have fewer than 20 students
59% of business classes (core and elective) have 21 to 50 students
30% of business classes (core and elective) have more than 50 students
1% 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, General Management, Marketing
Number of elective courses (not multiple sessions of same course) available in the past academic year: 247
New electives added in the past academic year:
Job Search Strategies
Des Moines Center Academy
Des Moines Center Internship
Career Leadership Academy
Iowa Diversity in Business Institute
Diversity Awareness for Business
Introductory Topics in Economics
Writing Intern II
What special programs are available to business students?
Business in London
Entrepreneurship Certificate
Hawkinson Institute of Business Finance
Honors Program
John Pappajohn Entrepreneurial Center
International Business Certificate
Krause Fund
Leadership Community
Leadership Council
Student Leadership Institute
Student Organizations
Study Abroad
Vaughan Institute of Risk Management and Insurance
For more information: http://www.biz.uiowa.edu/upo/opportunities/
| Work study or co-op opportunities | No |
| Study abroad opportunities | Yes |
|
Frankfurt Exchange Program
Undergraduate Business Program in London
Vienna Exchange
Corvinus University
Tilburg University Exchange
European Business School
The American College of Thessaloniki Exchange
HEC School of Management Exchange
SUPdeCO Amiens Exchange, France
|
|
| Volunteer and community service opportunities | Yes |
| Opportunities for volunteer work and community service are primarily available through student organizations. Some examples include: Tax prep for low income individuals/families and youth entrepreneurship programs. | |
| Business clubs and extracurricular activities | Yes |
|
Business Student Ambassadors
Delta Sigma Pi
Economics Forum
Financial Management Association
I-Envision: Iowa Entrepreneurial Network
International Business Student Association
Leadership Council
Multicultural Business Student Association
Phi Beta Lambda
Society for Human Resources Management
Tippie Optimist Chapter
Toastmasters
Women in Business
Students in Advertising
Gamma Iota Sigma
|
|
FACULTY
| Total full-time undergraduate business faculty | 61 |
| Total undergraduate business adjuncts and visiting business faculty | 63 |
| Total undergraduate permanent/tenured business professors | 34 |
9% of permanent/tenured business professors are women
6% of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)
6% 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: Kenneth Brown, Beth Ingram, Eric Lie
STUDENT LIFE
Freshmen are not required to live on campus
NA %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): 1188
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
Set up public email stations/modified area for handicapped users
Purchased table PCs for classroom
Added multi-media equipment/software, including DVD burning
Moved all student Web services to IIS with.Net framework as standard
Implemented online collaboration application
Moved wireless LAN to a central, standardized system
Redesigned student services Web sites
Implemented personal response system
Reconfigured computer classroom to MIS networking lab
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 58% of 2006 graduates
Of 2006 graduates for whom we have information...
73% were seeking full-time professional employment in business
27% were not seeking full-time professional employment in business
For those not seeking employment in business...
NA % of those were already employed at graduation
94% were planning to continue their education immediately after graduation
NA % were postponing their job search
NA % were planning to start their own business
6% of those not working were doing so for other reasons
330 companies recruited business students on campus from June 30, 2005 to June 30, 2006
686 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 |
| Wells Fargo | 10 |
| Aegon; Cerner; Deloitte Touche Tomatsu; Harris-Nesbitt; JPMorgan Chase & Co.; Target Corp. | 5 |
| Ernst & Young; Iowa State Bank; McGladrey &Pullen; Kohler Co. | 4 |
| Ad. Frt. Network; Bank of the West; Cardinal Health; ING; John Deere; State Farm; Price WaterhouseCo | 3 |
| Houlihan; Lokey, Howard & Zukin; General Mills | 2 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 41,400.00 |
| Median base salary | $ 42,500.00 |
| Average signing bonus | $ 4,060.00 |
| Median signing bonus | $ 2,500.00 |
| 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.) | 41% |
| Accounting/auditing | 13% |
| General Management | 14% |
| Human Resources | NA % |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 24% |
| Management Information Systems | 5% |
| Operations | NA % |
| Logistics/Transportation | NA % |
| Other | 3% |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? No
| Accounting | 11% |
| Consumer Products & Retail | 8% |
| Consulting | 2% |
| Financial Services | 45% |
| Government, Nonprofit, & Education | 3% |
| Health | 3% |
| Manufacturing | 7% |
| Media & Entertainment | 2% |
| Sports & Leisure | 1% |
| Technology & Science | 2% |
| Transportation | 3% |
| UTILITIES | 0% |
| Other | 10% |
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) | 3% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 0% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 2% |
| Southwest (CO, AZ, TX, OK, NM) | 3% |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | 90% |
| 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) | 2% |
| Canada | 0% |
INTERNSHIPS
137 companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006
66% of internships were paid.
| Average compensation per week | $ 425.00 |
| Median compensation per week | $ 400.00 |
| Average internship length (weeks) | 10 |
201 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 |
| University of Iowa | 52 |
| AEGON N.V. | 15 |
| McGladrey & Pullen, LLP | 9 |
| Merrit Research | 8 |
| PricewaterhouseCoopers | 6 |
| Target Corp. | 6 |
| Ernst & Young; Principal Fin.; Rockwell Collins; The Washington Center | 5 |
ALUMNI AFFAIRS
5% 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 | $ 911.00 |
| The median gift was | $ 75.00 |
From June 30, 2005 to June 30, 2006, the undergraduate business program 5% received any individual gift in excess of $10 million
Prominent Alumni
Henry B. Tippie, Chairman of the Board, Dover Motor Sports
Marvin A. Pomerantz, Chairman and CEO, The Mid-America Group
John Pappajohn, President, Equity Dynamics
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 120 for Bachelor of Business Administration |
| Minimum of 48 for Bachelor of Business Administration |
