2007 UNDERGRAD PROFILE
Wake Forest (Calloway)
Calloway School of Business and Accountancy
B-School and Program Basics
| Address: | PO Box 7285, Reynolda Station Winston-Salem, NC US 27109 |
Program E-Mail |
Program Web site |
Calloway School of Business and Accountancy is a private institution.
Undergrad business program was founded: 1949
Accredited by AACSB International
Classes begin:
| Fall Semester | |
| Spring Semester | |
Enrollment
| Total undergraduate business school enrollment | 398 |
| Total full-time undergraduate business students | 398 |
| Total part-time undergraduate business students | 0 |
| Total distance undergraduate business students | 0 |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 37% |
| International students | 1% |
For U.S. schools only: |
|
| African American students | 2% |
| Native Americans | 0% |
| Asian Americans | 6% |
| Hispanic | 1% |
| White (non-Hispanic) | 87% |
| Unknown | 3% |
| Other | 1% |
U.S. students by region:
| Mid-Atlantic U.S. | 18% |
| Midwest U.S. | 13% |
| Northeast U.S. | 23% |
| South U.S. | 35% |
| Southwest U.S. | 8% |
| West U.S. | 3% |
| U.S. Possessions and territories | 0% |
Citizenship:
| U.S. | 100% |
| Canada | 0% |
| Other | 0% |
| 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 | 1322 |
| Median | 1330 |
| Range (Middle 80%) | From 1290 to 1390 |
| Minimum SAT Score | |
ACT Scores for full-time entering business students |
|
| Average | n/a |
| 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 | 20 |
| Median | 20 |
| High School performance of entering business students | |
| Top 10% of high school class | NA % |
| Top 25% of high school class | NA % |
| GPA of 3.75 or higher | NA % |
| GPA of 3.5 to 3.75 | NA % |
| GPA of 3.25 to 3.49 | NA % |
| GPA of 3.00 to 3.24 | NA % |
| GPA of 2.50 to 2.99 | NA % |
| GPA of 2.00 to 2.49 | NA % |
| GPA of 1.00 to 1.99 | NA % |
| GPA below 1.0 | NA % |
| For Internal Transfers | |
| Minimum overall college GPA | NA |
| Additional application requirements | |
ADMISSIONS
| University Application fee (resident) | $ 40.00 | ||
| University Application fee (nonresident) | $ 40.00 | ||
| University Application fee (non-resident transfers) | $ 40.00 | ||
The business program's financial aid office manages admissions to the business program
7341 people applied to undergraduate programs for the 2006 academic year. The school accepted 77% (selectivity) of those applicants, and 99% 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? No
0% of 2006 admissions to the program were freshmen
How do freshmen apply? NA
How do internal transfers apply? Separate application
271 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
77% of these applicants were admitted to the program and 0% of admitted students enrolled.
271 internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. 77 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 required
Additional application requirements (including those for international students):
http://www.wfu.edu/admissions/
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: Important
Interview: Considered
Extracurricular Activities: Important
Talent/ability: Important
Character/personal qualities: Very Important
Volunteer Work: Not Considered
Work Experience: Considered
COSTS
Annual Costs
| Resident Tuition | $ 32,040.00 |
| Nonresident Tuition | $ 32,040.00 |
| Room and Board | $ 8,800.00 |
| Books | $ 850.00 |
| Other Expenses (please specify) | |
| Student Activity Fee | $100.00 |
Tuition per credit hour (U.S. dollars)
| Resident | $ 1,250.00 |
| Nonresident | NA |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Semester | 01/15/2007 | Spring Semester | 11/15/2007 |
| Business Program deadlines for: | |
| OtherAnnual Admissions | 02/01/2007 |
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: $ 2,222,914.00
Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: $ 2,721,370.00
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 | 76% |
| Percent of business students receiving full-tuition scholarships | 76% |
| Percent of scholarships offered to business students based on need | 52% |
| Percent of scholarships offered to business students based on merit | 48% |
How do applicants apply for scholarships?
By contacting the Dean's Office at the Calloway School.
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: $ 11,752.00
CONTACTS
| Dean Jack E. Wilkerson | Hired as of 09/19/2003 |
ACADEMICS & REQUIREMENTS
Specializations offered:
Accounting, ,
Mathematical Business
Programs Offered
| BS | Accountancy | Full time |
| BS | Business/General Management | Full time |
| BS | Finance | Full time |
| BS | Mathematical Business | Full time |
| Core curriculum last revised Prior to 2000 |
| Average class size in required business classes | 26.4 |
| Average class size in business electives | 15.25 |
| Average class size in non-business classes (required for admission to the business program | 30.51 |
15% of business classes (core and elective) have fewer than 20 students
85% of business classes (core and elective) have 21 to 50 students
0% of business classes (core and elective) have more than 50 students
100% of required business courses reached maximum enrollment by the first day of class from June 30, 2004 to June 30, 2005.
100% 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, General Management
Number of elective courses (not multiple sessions of same course) available in the past academic year: 17
New electives added in the past academic year:
What special programs are available to business students?
Entrepreneurship and Social Enterprise Minor
Enterprise Risk Management
Global Trade and Commerce Studies Minor
| Work study or co-op opportunities | No |
| Study abroad opportunities | Yes |
| Wake Forest provides extensive opportunities and support for foreign study programs, including scholarships. The university owns residential study centers in Venice, London and Vienna. More than 50 percent of all undergraduates, including Calloway School students, study abroad. "Open Doors 2006," a publication produced by the Institute of International Education, ranked Wake Forest fourth in the nation among doctoral institutions in the estimated undergraduate participation in study abroad. | |
| Volunteer and community service opportunities | Yes |
| Wake Forest's Office of Volunteer Services provides information and services for all students, campus organizations, faculty, and administrators with an interest in volunteerism. Over half of the undergraduate students at Wake Forest, including those in the Calloway School, make volunteerism a part of their campus experience. Many of these dedicated students make service a priority by volunteering on a weekly basis in one of fifty local service agencies. | |
| Business clubs and extracurricular activities | Yes |
| Beta Gamma Sigma Advertising Club Accounting Society E society (Entrepreneurship Club for students) Finance Club | |
FACULTY
| Total full-time undergraduate business faculty | 27 |
| Total undergraduate business adjuncts and visiting business faculty | 10 |
| Total undergraduate permanent/tenured business professors | 19 |
16% of permanent/tenured business professors are women
0% of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)
5% of permanent/tenured business professors are members of company boards of directors or boards of advisors
10% of permanent/tenured business professors have owned their own business
Prominent Faculty: Robert R. Bliss, Jonathan E. Duchac, Elizabeth J. Gatewood
STUDENT LIFE
Freshmen are required to live on campus
NA %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): 398
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
Wake Forest provides notebook computers to all undergraduates including Calloway students. A high-speed, secure, wireless network enables mobile computing for the entire campus and facilitates pilot programs like MobileU, in which students use Pocket PC phones to access information anywhere, anytime. Calloway classrooms have a/v systems that include a presentation computer, document cameras, ceiling-mounted LCD projectors, and centralized control for presentation and lighting functions.
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 96% of 2006 graduates
Of 2006 graduates for whom we have information...
68% were seeking full-time professional employment in business
32% were not seeking full-time professional employment in business
For those not seeking employment in business...
0% of those were already employed at graduation
83% were planning to continue their education immediately after graduation
0% were postponing their job search
2% were planning to start their own business
15% of those not working were doing so for other reasons
162 companies recruited business students on campus from June 30, 2005 to June 30, 2006
386 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 |
| Bank of America Corp.; Wachovia Corp. | 6 |
| Navigant Consulting | 4 |
| BB&T, General Electric, Merrill Lynch | 3 |
| Blackbaud, Bloomberg, Corporate Executive Board, Emerson Electric, Lehman Brothers, T. Rowe Price | 2 |
| Vanguard, Waterstone Capital Advisors | 2 |
| Cambridge Associates, First Annapolis Consulting, GMAC Insurance, Marsh USA, Pfizer, Sara Lee, etc. | 1 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 47,736.00 |
| Median base salary | $ 50,000.00 |
| Average signing bonus | $ 4,520.00 |
| Median signing bonus | $ 3,000.00 |
| 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? No
| Finance (includes corporate finance, investments, treasury and financial analysis, public finance, etc.) | 35% |
| Accounting/auditing | 2% |
| General Management | 9% |
| Human Resources | 0% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 15% |
| Management Information Systems | 3% |
| Operations | 0% |
| Logistics/Transportation | 0% |
| Other | 35% |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? No
| Accounting | 2% |
| Consumer Products & Retail | 1% |
| Consulting | 11% |
| Financial Services | 41% |
| Government, Nonprofit, & Education | 4% |
| Health | 4% |
| Manufacturing | 10% |
| Media & Entertainment | 4% |
| Sports & Leisure | 3% |
| Technology & Science | 4% |
| Transportation | 0% |
| UTILITIES | 0% |
| Other | 13% |
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) | 23% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 19% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 47% |
| Southwest (CO, AZ, TX, OK, NM) | 1% |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | 7% |
| 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) | 47% |
| Canada | 0% |
INTERNSHIPS
26 companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006
84% of internships were paid.
| Average compensation per week | $ 581.00 |
| Median compensation per week | $ 520.00 |
| 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 |
| PricewaterhouseCoopers | 25 |
| Ernst & Young, KPMG | 9 |
| Bank of America Corp. | 5 |
| Deloitte & Touche, BB&T | 4 |
| Merrill Lynch | 3 |
| 20th Century Fox, Echostar, Morgan Stanley, Scharf Pera, UBS, Wachovia | 2 |
ALUMNI AFFAIRS
14% 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 | $ 398.00 |
| The median gift was | $ 100.00 |
From June 30, 2005 to June 30, 2006, the undergraduate business program 14% received any individual gift in excess of $10 million
Prominent Alumni
Joseph Luter, III, Chairman and CEO, Smithfield Foods
Jeffrey William Kentner, President and CEO, State Street Companies
Frederick W. Eubank, Chief Investment Partner, Wachovia Corporation
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 120 for Bachelor of Science |
| Minimum of 43 for Bachelor of Science |
