2007 UNDERGRAD PROFILE
Purdue University
Krannert School of Management
B-School and Program Basics
| Address: | Krannert Building, Room B-20 403 West State Street West Lafayette, IN US 47907-2056 |
Program E-Mail |
Program Web site |
Krannert School of Management is a public institution.
Undergrad business program was founded: 1958
Accredited by AACSB International
Classes begin:
| Fall Semester | 08/20/2007 |
| Spring Semester | 01/07/2008 |
| Summer Semester | 06/11/2007 |
Enrollment
| Total undergraduate business school enrollment | 2692 |
| Total full-time undergraduate business students | 2661 |
| Total part-time undergraduate business students | 31 |
| Total distance undergraduate business students | 0 |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 31% |
| International students | 14% |
For U.S. schools only: |
|
| African American students | 4% |
| Native Americans | 1% |
| Asian Americans | 10% |
| Hispanic | 4% |
| White (non-Hispanic) | 67% |
| Unknown | 0% |
| Other | 14% |
U.S. students by region:
| Mid-Atlantic U.S. | 2% |
| Midwest U.S. | 83% |
| Northeast U.S. | 6% |
| South U.S. | 3% |
| Southwest U.S. | 3% |
| West U.S. | 3% |
| U.S. Possessions and territories | NA % |
Citizenship:
| U.S. | 86% |
| Canada | 1% |
| Other | 13% |
| 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 | 1152 |
| Median | 1140 |
| Range (Middle 80%) | From 1070 to 1230 |
| 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 | |
| Median | |
| High School performance of entering business students | |
| Top 10% of high school class | 21% |
| Top 25% of high school class | 63% |
| GPA of 3.75 or higher | 24% |
| GPA of 3.5 to 3.75 | 27% |
| GPA of 3.25 to 3.49 | 15% |
| GPA of 3.00 to 3.24 | 20% |
| GPA of 2.50 to 2.99 | 13% |
| 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 | 2.00 |
| Additional application requirements | |
ADMISSIONS
| University Application fee (resident) | $ 30.00 | ||
| University Application fee (nonresident) | $ 30.00 | ||
| University Application fee (non-resident transfers) | $ 30.00 | ||
The university financial aid office manages admissions to the business program
16425 people applied to undergraduate programs for the 2006 academic year. The school accepted 100% (selectivity) of those applicants, and 30% 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
100% of 2006 admissions to the program were freshmen
How do freshmen apply? Indicate interest on university application
high school diploma or GED, TOEFL (international students), pre-calculus
How do internal transfers apply? NA
2698 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
100% of these applicants were admitted to the program and 100% 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: | 46% |
| 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):
Transcripts, TOEFL (international students)
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: Considered
Application Essay: Not Considered
Recommendations: Considered
Interview: Not Considered
Extracurricular Activities: Considered
Talent/ability: Considered
Character/personal qualities: Considered
Volunteer Work: Considered
Work Experience: Not Considered
COSTS
Annual Costs
| Resident Tuition | $ 8,442.00 |
| Nonresident Tuition | $ 23,462.00 |
| Room and Board | $ 7,500.00 |
| Books | $ 1,030.00 |
| Other Expenses (please specify) | |
Tuition per credit hour (U.S. dollars)
| Resident | NA |
| Nonresident | NA |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Semester | 03/01/2007 | Spring Semester | 12/07/2007 | Summer Semester | 05/11/2007 |
| 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: $ 1,166,009.00
Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: $ 1,457,350.00
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 | 18% |
| Percent of business students receiving full-tuition scholarships | 18% |
| Percent of scholarships offered to business students based on need | 40% |
| Percent of scholarships offered to business students based on merit | 60% |
How do applicants apply for scholarships?
The first and best method is filling out the "Free Application for Federal Aid (FAFSA)" by March 1st. Students can also contact the Scholarship Administrator within the School of Management to inquire about merit scholarship opportunities.
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 Richard A. Cosier | Hired as of |
ACADEMICS & REQUIREMENTS
Specializations offered:
Accounting, , , ,
Programs Offered
| BS | Accounting |
| BS | Economics |
| BS | Management |
| BS | Industrial Management |
| Core curriculum last revised 2002 |
| Average class size in required business classes | 70.1 |
| Average class size in business electives | 37.4 |
| Average class size in non-business classes (required for admission to the business program | 24.1 |
6% of business classes (core and elective) have fewer than 20 students
55% of business classes (core and elective) have 21 to 50 students
39% of business classes (core and elective) have more than 50 students
13% of required business courses reached maximum enrollment by the first day of class from June 30, 2004 to June 30, 2005.
13% 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, Industrial Management, Marketing, Operations Management
Number of elective courses (not multiple sessions of same course) available in the past academic year: 49
New electives added in the past academic year:
Logistics Concepts & Models
Government & Not for Profit Accounting
Intro to Entrep. & Innovation I
Intro. to Entrep. & Innovation II
What special programs are available to business students?
Business Opportunity Program - For disadvantaged students - scholarships, summer session, educational presentations, career networking
University Honors Program - Top students invited to apply
Learning Communities - Entrepreneurial, Global Village, Horizons, and People Watchers
Case Challenges - Seven undergraduate business case competitions
BGDLF Leadership Forum - 100 top students and 20 corporate representatives participate in a student-run weekend-long leadership retreat
| Work study or co-op opportunities | No |
| Study abroad opportunities | Yes |
| 200 study abroad programs offered in 54 countries and 6 continents through Study Abroad Office. Krannert department-led programs offered in: London - four week program Taiwan - one week program China - two week program | |
| Volunteer and community service opportunities | Yes |
| OBHR 230 offers students service learning projects as part of class work.
Boiler Volunteer Network provides numerous opportunities for volunteer projects Student organizations sponsor volunteer and community service projects -School of Management Council Holiday Party for Children , Support Walkathon & 5 K Run- Cancer Society, Management Ambassadors canned food drive in October for local food pantry |
|
| Business clubs and extracurricular activities | Yes |
| About 20 student organizations available, click on link for details http://www.krannert.purdue.edu/clubs/home.asp | |
FACULTY
| Total full-time undergraduate business faculty | 83 |
| Total undergraduate business adjuncts and visiting business faculty | 20 |
| Total undergraduate permanent/tenured business professors | 32 |
9% of permanent/tenured business professors are women
3% 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: Susan Watts, Jim Oakley, Brad Alge
STUDENT LIFE
Freshmen are not required to live on campus
86%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): 2400
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
Instructional lab upgrades, an audience response system to gauge learning and mastery of classroom topics; a podcasting system for lectures and course content; award winning remote access to major software packages, a solution that increases student flexibility and saves students money. Access to online collaboration services though Acrobat Connect; and finally access to a management communications center, to support preparation of presentations.
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 79% of 2006 graduates
Of 2006 graduates for whom we have information...
88% were seeking full-time professional employment in business
12% were not seeking full-time professional employment in business
For those not seeking employment in business...
0% of those were already employed at graduation
72% were planning to continue their education immediately after graduation
2% were postponing their job search
9% were planning to start their own business
17% of those not working were doing so for other reasons
250 companies recruited business students on campus from June 30, 2005 to June 30, 2006
600 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 |
| Crowe Chizek and Company LLC | 11 |
| Caterpillar Inc.; Deloitte Touche Tomatsu; Target Corp. | 8 |
| Ernst & Young, LLP; Purdue University | 7 |
| BKD, LLP; JP Morgan Chase & Co.; | 6 |
| Abbott Laboratories; Ameriprise Financial; Wells Fargo Financial | 5 |
| Aerotek; DFAS; FBI; General Electric; Hormel Foods; Procter & Gamble; Sears Holding Company | 4 |
| Ford Motor Company; IBM; Shell Oil Co; Avalon Risk Mgmt.; Ferguson Enter; Humana, Inc; Huth Thompson | 3 |
| State Farm; Wal-Mart; | 2 |
| Bank of America; Boeing; Aramark; Career Builder; Cerner Corp.; Clfiton Gunderson, LLP; DHL | 2 |
| Dow Chemical; Eli Lilly Co; NVR/Ryan Homes; Protiviti; Stryker Medical | 2 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 43,373.00 |
| Median base salary | $ 44,000.00 |
| Average signing bonus | $ 3,073.00 |
| Median signing bonus | $ 2,000.00 |
| 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.) | 19% |
| Accounting/auditing | 13% |
| General Management | 33% |
| Human Resources | 5% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 16% |
| Management Information Systems | 6% |
| Operations | 5% |
| 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 | NA % |
| Consumer Products & Retail | NA % |
| Consulting | NA % |
| Financial Services | NA % |
| Government, Nonprofit, & Education | NA % |
| Health | NA % |
| Manufacturing | NA % |
| Media & Entertainment | NA % |
| Sports & Leisure | NA % |
| Technology & Science | NA % |
| 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) | 5% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 3% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 10% |
| Southwest (CO, AZ, TX, OK, NM) | 4% |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | 74% |
| West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY) | 4% |
| U.S. possessions and territories (America Samoa, Palau, Guam, Puerto Rico, Virgin Islands) | 10% |
| Canada | 0% |
INTERNSHIPS
125 companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006
96% of internships were paid.
| Average compensation per week | $ 554.00 |
| Median compensation per week | $ 600.00 |
| Average internship length (weeks) | 12 |
400 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 |
| Caterpillar Inc. | 18 |
| General Motors | 8 |
| DePuy Othopaedics, Inc.; General Electric | 7 |
| Crowe Chizek & Company, LLC; IBM; Merrill Lynch | 5 |
| Deloitte & Touche LLP; Rolls-Royce | 4 |
| Eli Lilly; Ernst & Young; Kellogg Co; NVR/Ryan Homes; Walt Disney World | 3 |
| Abbott Labs; Alpha Baking; Arthur J. Gallagher & Co; Cummins; Dauby O'Connor & Zaleski, LLC | 2 |
| Ford Motor Co; Home Depot; Humana; Indianapolis Motor Speedway; Kimberly Clark; Walgreens | 2 |
| LaSalle Bank; Morgan Stanley; Sears; Katz, Sapper & Miller, LLP; Target | 2 |
| Pioneer Hi-Bred Inter; Rowley, Bushue & Co; Six Flags Great America; Toyota Motor Manufacturing | 2 |
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 | $ 1,557.00 |
| 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
Beth Brooke, Global Vice Chair, Ernst & Young
David Brown, CEO and President, Owens Corning
Thomas Howatt, CEO and President, Wausau Paper Corp.
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 124 for Management |
| Minimum of 57 for Management |
