2007 UNDERGRAD PROFILE
University of Richmond
Robins School of Business
B-School and Program Basics
| Address: | University of Richmond 1 Gateway Road Richmond, VA US 23173 |
Program E-Mail |
Program Web site |
Robins School of Business is a private institution.
Undergrad business program was founded: 1947
Accredited by AACSB International, Other
SACS
Classes begin:
| Fall Semester | 08/28/2006 |
| Spring Semester | 01/15/2007 |
| Fall Semester | 08/27/2007 |
Enrollment
| Total undergraduate business school enrollment | 568 |
| Total full-time undergraduate business students | 563 |
| Total part-time undergraduate business students | 5 |
| Total distance undergraduate business students | 0 |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 38% |
| International students | NA % |
For U.S. schools only: |
|
| African American students | 4% |
| Native Americans | 1% |
| Asian Americans | 3% |
| Hispanic | 3% |
| White (non-Hispanic) | 82% |
| Unknown | 6% |
| Other | 1% |
U.S. students by region:
| Mid-Atlantic U.S. | 38% |
| Midwest U.S. | 7% |
| Northeast U.S. | 35% |
| South U.S. | 11% |
| Southwest U.S. | 5% |
| West U.S. | 4% |
| U.S. Possessions and territories | 0% |
Citizenship:
| U.S. | 94% |
| Canada | 1% |
| Other | 5% |
| 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 | 1283 |
| Median | 1300 |
| Range (Middle 80%) | From 1240 to 1350 |
| Minimum SAT Score | |
ACT Scores for full-time entering business students |
|
| Average | 27.7 |
| Median | 28 |
| Range (Middle 80%) | From 26 to 30 |
| 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 | 53% |
| Top 25% of high school class | 84% |
| GPA of 3.75 or higher | 23% |
| GPA of 3.5 to 3.75 | 26% |
| GPA of 3.25 to 3.49 | 24% |
| GPA of 3.00 to 3.24 | 16% |
| 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 | 2.00 |
| Additional application requirements | |
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
5408 people applied to undergraduate programs for the 2006 academic year. The school accepted NA % (selectivity) of those applicants, and NA % of admitted applicants (yield) enrolled.
0% of applicants had applied in prior years, and of those reapplicants 0% were accepted.
The university placed 1538 applicant(s) on its wait list. 16 wait-listed applicants were admitted to the semester for which they applied.
Does the business program admit freshmen? No
NA % of 2006 admissions to the program were freshmen
How do freshmen apply? NA
How do internal transfers apply? Declare business major
0 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
NA % of these applicants were admitted to the program and NA % 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: | 60% |
| Share of all university applicants who are not from the U.S. | 11% |
Interviews for applicants are Not required
Additional application requirements (including those for international students):
Transcript, application, essay, fee, letter of recommendation from school official, test scores are required of all first year applicants. Transfer students should send all above, except test scores or recommendation letter. We recommend that students speaking English as a second language take the TOEFL. International students need to send a financial aid supplement in addition to other required materials.
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: Important
SAT/ACT Scores: Important
Application Essay: Important
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 | $ 36,550.00 |
| Nonresident Tuition | $ 36,550.00 |
| Room and Board | $ 6,060.00 |
| Books | $ 1,000.00 |
| Other Expenses (please specify) | |
Tuition per credit hour (U.S. dollars)
| Resident | $ 1,820.00 |
| Nonresident | $ 1,820.00 |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Semester | 01/15/2006 | Spring Semester | 11/01/2006 | Fall Semester | 01/15/2007 |
| 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: $ 4,919,900.00
Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: $ 5,642,300.00
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 | 77% |
| Percent of business students receiving full-tuition scholarships | 77% |
| Percent of scholarships offered to business students based on need | 57% |
| Percent of scholarships offered to business students based on merit | 11% |
How do applicants apply for scholarships?
The student applies by completing the FAFSA form and the institutional aid application as well as any merit scholarship applications.
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: $ 17,120.00
CONTACTS
| Dean Jorge Haddock | Hired as of 07/01/2005 |
ACADEMICS & REQUIREMENTS
Specializations offered:
Accounting, Real Estate, , ,
Programs Offered
| BBA | Business Administration | Full time |
| Core curriculum last revised Prior to 2000 |
| Average class size in required business classes | 22.65 |
| Average class size in business electives | 20.53 |
| Average class size in non-business classes (required for admission to the business program | 21.17 |
22% of business classes (core and elective) have fewer than 20 students
78% of business classes (core and elective) have 21 to 50 students
0% of business classes (core and elective) have more than 50 students
32% 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, Economics, 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:
Financial Statement Analysis
Economic History
Personal Financial Planning
Ethics & Economics
Games & Experiments in Economics
Services Marketing
Pricing Management
Entrepreneurship II
What special programs are available to business students?
The Student Managed Investment Fund is a student run program that invests real dollars. Students manage the funds even to the extent of senior managers hiring sophomores to replace themselves each year.
| Work study or co-op opportunities | Yes |
| There are several opportunities for students to be student assistants or research assistants within the school. There are also numerous internship opportunities for work outside the school. We have no formal co-op programs. | |
| Study abroad opportunities | Yes |
| We have a thriving study abroad program with 42 host partners in 24 countries. About 45% of our graduates spend at least one semester studying abroad, typically during the junior year. Also, about 10% study abroad or participate in international internships during the summer. Note that our full semester programs are not "bubbles" with special classes just for Americans. Students enroll in regular classes at the host schools that include local students as well as other international students. | |
| Volunteer and community service opportunities | Yes |
| There are numerous opportunities both within and without the classroom structure. Notable is a strong Habitat for Humanity chapter as well as several volunteer and fund-raising programs. We have a large Bonner Scholar program and several classes have a service learning component. | |
| Business clubs and extracurricular activities | Yes |
| Besides the Student Managed Investment Fund (actually three separate funds), every functional business area has a student organization with a faculty sponsor. Crossing functional lines is an Entrepreneurship Club. | |
FACULTY
| Total full-time undergraduate business faculty | 49 |
| Total undergraduate business adjuncts and visiting business faculty | 8 |
| Total undergraduate permanent/tenured business professors | 37 |
16% of permanent/tenured business professors are women
8% of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)
32% of permanent/tenured business professors are members of company boards of directors or boards of advisors
42% of permanent/tenured business professors have owned their own business
Prominent Faculty: Raymond P. H. (Pat) Fishe, Jeffrey S. Harrison, Stephen Tallman
STUDENT LIFE
Freshmen are not required to live on campus
92%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): 1000
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
--100% wireless internet across campus
--new computer work stations in dining hall
--new wellness center with computer stations, plasma TV's and message boards, electronic hand scanner ID system
--new finance lab/trading floor with digital signage, with scrolling stock ticker and financial news data feeds, new computers with Bloomberg, Reuters Bridge, Datastream, Research Insight, SAS, SPSS
--student/faculty iPod initiative for classroom podcasts
--tablet PC initiative for student/faculty
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 70% of 2006 graduates
Of 2006 graduates for whom we have information...
84% were seeking full-time professional employment in business
16% were not seeking full-time professional employment in business
For those not seeking employment in business...
0% of those were already employed at graduation
79% were planning to continue their education immediately after graduation
16% were postponing their job search
0% were planning to start their own business
5% of those not working were doing so for other reasons
63 companies recruited business students on campus from June 30, 2005 to June 30, 2006
755 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...
100 received their first job offer by graduation
0 received their first job offer within three months of graduation
0 received their first job offer more than three months after graduation
0 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 | 8 |
| Teach for America | 7 |
| U.S. Government | 5 |
| Goldman, Sachs and Company; KPMG; Beers & Cutler | 4 |
| Jones Lang LaSalle | 3 |
| Peace Corps; PricewaterhouseCopers; Corporate Executive Board; Cowen and Company; FactSet Research S | 2 |
| JPMorgan; Bank of America; AmeriCorp; Ewing Bemiss; Accenture; Mercer; Stifel Nicholas; Philip Morri | 1 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 48,000.00 |
| Median base salary | $ 47,000.00 |
| 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.) | 25% |
| Accounting/auditing | 32% |
| General Management | 9% |
| Human Resources | 0% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 14% |
| Management Information Systems | 0% |
| Operations | 2% |
| Logistics/Transportation | 2% |
| Other | 16% |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? No
| Accounting | 30% |
| Consumer Products & Retail | 9% |
| Consulting | 13% |
| Financial Services | 25% |
| Government, Nonprofit, & Education | 3% |
| Health | 0% |
| Manufacturing | 0% |
| Media & Entertainment | 3% |
| Sports & Leisure | 5% |
| Technology & Science | 3% |
| Transportation | 3% |
| UTILITIES | 1% |
| Other | 6% |
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) | 20% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 75% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 5% |
| Southwest (CO, AZ, TX, OK, NM) | NA % |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | NA % |
| West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY) | NA % |
| U.S. possessions and territories (America Samoa, Palau, Guam, Puerto Rico, Virgin Islands) | 5% |
| Canada | 0% |
INTERNSHIPS
42 companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006
100% of internships were paid.
| Average compensation per week | $ 900.00 |
| Median compensation per week | $ 950.00 |
| Average internship length (weeks) | 10 |
225 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 |
| Ernst & Young | 6 |
| Goldman, Sachs and Company | 5 |
| Lehman Bros.; KPMG; PricewaterhouseCoopers | 4 |
| Deloitte Touche; Accenture; Beers & Cutler | 3 |
| Wachovia Corp.; Cowen and Co. | 2 |
ALUMNI AFFAIRS
20% 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 | $ 1,477.00 |
| The median gift was | $ 100.00 |
From June 30, 2005 to June 30, 2006, the undergraduate business program 20% received any individual gift in excess of $10 million
Prominent Alumni
George W. Wellde Jr., Vice Chairman, The Securiti, Goldman, Sachs and Compan
Robert S. Jepson Jr., Chairman and Chief Executiv, Jepson Associates, Inc.
Melanie Healy, President, Global Feminine, Procter & Gamble
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 120 for BSBA |
| Minimum of 55 for BSBA |
