2007 UNDERGRAD PROFILE

Minnesota (Carlson)

Carlson School of Management

Carlson School Undergraduate Program

 




B-School and Program Basics

Address: 321 19th Avenue South
Suite 1-105
Minneapolis, MN
US 55455

Program E-Mail

Program Web site

Carlson School of Management is a public institution.
Undergrad business program was founded: 1919
Accredited by AACSB International

Classes begin:

Fall Annual Admissions 09/04/2007
NA

Enrollment

Total undergraduate business school enrollment 1773
Total full-time undergraduate business students 1685
Total part-time undergraduate business students 88
Total distance undergraduate business students 0
 

STUDENT PROFILE: MOST RECENT ENTERING CLASS

Female students in class 49%
International students   1%

For U.S. schools only:

African American students   3%
Native Americans   1%
Asian Americans 11%
Hispanic   1%
White (non-Hispanic) 83%
Unknown   1%
Other   0%

U.S. students by region:

Mid-Atlantic U.S.   0%
Midwest U.S. 97%
Northeast U.S.   1%
South U.S.   1%
Southwest U.S.   0%
West U.S.   1%
U.S. Possessions and territories   0%

Citizenship:

U.S. 99%
Canada   0%
Other   0%
Unknown   1%

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
Median
Range (Middle 80%) From
to
Minimum SAT Score
 

ACT Scores for full-time entering business students

Average 28
Median
Range (Middle 80%) From
to
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 87%
Top 25% of high school class 12%
GPA of 3.75 or higher 92%
GPA of 3.5 to 3.75   7%
GPA of 3.25 to 3.49   1%
GPA of 3.00 to 3.24   0%
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 3.00
Additional application requirements

ADMISSIONS

University Application fee (resident) $ 45.00
University Application fee (nonresident) $ 45.00
University Application fee (non-resident transfers) $ 45.00
 

The university financial aid office manages admissions to the business program

20641 people applied to undergraduate programs for the 2006 academic year. The school accepted 23% (selectivity) of those applicants, and 59% 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

24% of 2006 admissions to the program were freshmen

How do freshmen apply? Indicate interest on university application
For transfer students, the application deadline is March 1, 2007 for Fall 2007 semester (beginning on September 4, 2007).

How do internal transfers apply? NA

4507 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.

23% of these applicants were admitted to the program and 24% 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: 53%
Share of all university applicants who are not from the U.S. NA %

Interviews for applicants are Not offered

Additional application requirements (including those for 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: Very Important

Application Essay: Considered

Recommendations: Considered

Interview: Not Considered

Extracurricular Activities: Considered

Talent/ability: Considered

Character/personal qualities: Considered

Volunteer Work: Considered

Work Experience: Considered


COSTS

Annual Costs

Resident Tuition $ 7,588.00
Nonresident Tuition $ 19,218.00
Room and Board $ 6,824.00
Books $ 900.00
Other Expenses (please specify)


Tuition per credit hour (U.S. dollars)

Resident $ 291.00
Nonresident $ 739.00

2007-2008 DEADLINES

University Application deadlines for:
Fall Annual Admissions 12/15/2006

Business Program deadlines for:
SemesterAnnual Admissions 12/15/2006

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?

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 Alison Davis-Blake Hired as of

ACADEMICS & REQUIREMENTS

Specializations offered:
Accounting, Other, , ,

Programs Offered

BS Business Full time
BS Business Part time
Core curriculum last revised 2002
Average class size in required business classes 58
Average class size in business electives 40
Average class size in non-business classes (required for admission to the business program 35

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

65% of business classes (core and elective) have 21 to 50 students

21% of business classes (core and elective) have more than 50 students

NA % 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, Marketing, Supply Chain Management

Number of elective courses (not multiple sessions of same course) available in the past academic year: 64

New electives added in the past academic year:
Information Security
Accounting and Information Systems
Operations Strategy and Technology
Platforms for Business Computing
Foreign National Tax Consulting
Employee and Labor Laws for HR
Personnel Economics
Entrepreneurial Perspectives

What special programs are available to business students?


Work study or co-op opportunities No
Study abroad opportunities Yes
Numerous opportunities are available, both through the campus wide Learning Abroad Center and the Carlson School's International Program Office, including full-year and semester-length exchange programs with 14 business schools worldwide, co-sponsored semester-length programs through LAC, short term opportunities to complete a core course abroad, summer programs, and 3 week Global Seminars during May session.
Volunteer and community service opportunities Yes
Students participating in the Honors program and the Emerging Leadership program; also campus YMCA opportunities.
Business clubs and extracurricular activities Yes

FACULTY

Total full-time undergraduate business faculty 126
Total undergraduate business adjuncts and visiting business faculty 120
Total undergraduate permanent/tenured business professors 79

20% of permanent/tenured business professors are women

  0% 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: Norm Bowie, Ross Levine, Andrew Van de Ven


STUDENT LIFE

Freshmen are not required to live on campus

82%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): 370

Wireless network is available in main B-school buildings

Technology changes made over the past three years:
Created a learning management system to improve course management; Created on-line program and scholarship applications, on-line alumni directory; Expanded research computing platform, databases, wireless network; Increased storage space for students, faculty, staff; Added remote automated webcast capabilities; Improved web capabilities & services to support student services; Upgraded all student lab and training lab computers, classroom projectors & podium computers, distance learning facility

THE FULL-TIME JOB HUNT

The school has information regarding the employment of 77% of 2006 graduates

Of 2006 graduates for whom we have information...

100% were seeking full-time professional employment in business

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

For those not seeking employment in business...

NA % of those were already employed at graduation

NA % were planning to continue their education immediately after graduation

NA % were postponing their job search

NA % were planning to start their own business

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

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

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...

89 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
Target Corp. 25
General Mills 14
KPMG;Wells Fargo;Deloitte 10
Best Buy Co., Inc. 9
Ernst & Young 8
Travelers;Larson,Allen,Weishair&Co;Macy's;Price Waterhouse Coopers 5
Grant Thornton;Cargill;Piper Jaffray;Protiviti;Accenture 4
IBM;Ingersoll Rand;Polaris;Toro 3

Historic Salary Prospects for 2005 Grads (school reported)
Average base salary $ 45,868.00
Median base salary $ 46,000.00
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? No

Finance
(includes corporate finance, investments, treasury and financial analysis, public finance, etc.)
32%
Accounting/auditing 16%
General Management   2%
Human Resources   3%
Marketing/Sales
(includes public relations, product management, market research, advertising, etc.)
30%
Management Information Systems   8%
Operations   5%
Logistics/Transportation NA %
Other   4%

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

NA % 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)
  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)
92%
West
(CA, HI, WA, OR, AK, MT, ID, UT, NV, WY)
  3%
U.S. possessions and territories
(America Samoa, Palau, Guam, Puerto Rico, Virgin Islands)
  1%
Canada NA %

INTERNSHIPS

402 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$ 612.00
Median compensation per week NA
Average internship length (weeks)

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
Target Corp. 20
Deloitte;Ameriprise 12
KPMG;3M 10
Honeywell;Ernst & Young;Cargill;Carlson Co.;Supervalu 9

ALUMNI AFFAIRS

12% 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 $ 1,650.00
The median gift was $ 95.00

From June 30, 2005 to June 30, 2006, the undergraduate business program 12% received any individual gift in excess of $10 million

Prominent Alumni

Winston R. Wallin, BBA 1948, Chairman & CEO, Medtronic

Bruce K. Anderson, BSB 1962, Co-Founder, Sr. Manager, Welsh, Carson, Anderson &

John Hammergren, BSB 1981, Chairman & CEO, McKesson


PROGRAM REQUIREMENTS

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

Minimum of 120 for BSB
Minimum of 51 for BSB

Other requirements to earn undergraduate business degree
University Liberal Education requirements General Psychology Calculus Microeconomics Macroeconomics Statistics *see http://www.csom.umn.edu/Page4776.aspx

67% of business students graduate from the program within four years of admission to the university

83% of business students graduate from the program within six years of admission to the university


 
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