2007 UNDERGRAD PROFILE
Washington (Olin)
John M. Olin School of Business
B-School and Program Basics
| Address: | Box 1133, Washington University One Brookings Drive St. Louis, MO US 63130-4899 |
Program E-Mail |
Program Web site |
John M. Olin School of Business is a private institution.
Undergrad business program was founded: 1917
Accredited by AACSB International
Classes begin:
| Fall Annual Admissions | 08/29/2007 |
| Fall Annual Admissions | 08/29/2007 |
Enrollment
| Total undergraduate business school enrollment | 747 |
| Total full-time undergraduate business students | 745 |
| Total part-time undergraduate business students | 2 |
| Total distance undergraduate business students | 0 |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 33% |
| International students | 7% |
For U.S. schools only: |
|
| African American students | 8% |
| Native Americans | 0% |
| Asian Americans | 17% |
| Hispanic | 2% |
| White (non-Hispanic) | 58% |
| Unknown | 7% |
| Other | 8% |
U.S. students by region:
| Mid-Atlantic U.S. | 13% |
| Midwest U.S. | 34% |
| Northeast U.S. | 23% |
| South U.S. | 14% |
| Southwest U.S. | 7% |
| West U.S. | 9% |
| U.S. Possessions and territories | 0% |
Citizenship:
| U.S. | 93% |
| Canada | 1% |
| Other | 6% |
| 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 | 1443 |
| Median | 1460 |
| Range (Middle 80%) | From 1370 to 1530 |
| Minimum SAT Score | |
ACT Scores for full-time entering business students |
|
| Average | 31 |
| Median | 31 |
| Range (Middle 80%) | From 30 to 33 |
| 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 | 92% |
| Top 25% of high school class | 98% |
| 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) | $ 55.00 | ||
| University Application fee (nonresident) | $ 55.00 | ||
| University Application fee (non-resident transfers) | $ 55.00 | ||
The university financial aid office manages admissions to the business program
22251 people applied to undergraduate programs for the 2006 academic year. The school accepted 15% (selectivity) of those applicants, and 34% 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
How do internal transfers apply? NA
2817 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
15% 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: | 54% |
| Share of all university applicants who are not from the U.S. | 9% |
Interviews for applicants are Recommended
Additional application requirements (including those for international students):
TOEFL examination is required in addition to SAT or ACT for students who are non-native speakers of English.
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: Very Important
Interview: Considered
Extracurricular Activities: Very Important
Talent/ability: Very Important
Character/personal qualities: Very Important
Volunteer Work: Very Important
Work Experience: Very Important
COSTS
Annual Costs
| Resident Tuition | $ 32,800.00 |
| Nonresident Tuition | $ 32,800.00 |
| Room and Board | $ 10,542.00 |
| Books | $ 1,100.00 |
| Other Expenses (please specify) | |
| Other expenses | $1,770.00 |
Tuition per credit hour (U.S. dollars)
| Resident | $ 1,367.00 |
| Nonresident | $ 1,367.00 |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Annual Admissions | 11/15/2006 | Fall Annual Admissions | 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: 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 | 44% |
| Percent of business students receiving full-tuition scholarships | 44% |
| 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?
Application for need-based aid goes to the financial aid office. There are separate applications for a number of merit-based scholarship competitions.
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 Mahendra Gupta | Hired as of 01/05/1982 |
ACADEMICS & REQUIREMENTS
Specializations offered:
Accounting, , ,
Programs Offered
| BS | Business Administration | Full time |
| Core curriculum last revised 2005 |
| Average class size in required business classes | 76 |
| Average class size in business electives | 11 |
| Average class size in non-business classes (required for admission to the business program | 0 |
72% of business classes (core and elective) have fewer than 20 students
13% of business classes (core and elective) have 21 to 50 students
15% 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, Finance, International Business, Marketing
Number of elective courses (not multiple sessions of same course) available in the past academic year:
New electives added in the past academic year:
Olin Grand Rounds
Economic Issues & MGT of Healthcare
Senior Honors Seminar
What special programs are available to business students?
Senior Honors Seminar; Practicum Projects (corporate consulting;) Taylor Community Consulting (not-for-profit consulting;) Independent Study; International Internship Programs; Entrepreneurship (business plan creation & social entrepreneurship;) Investment Praxis (hands-on investing of part of Olin School's endowment.)
| Work study or co-op opportunities | Yes |
| A Winter Cooperative (internship) experience is available as part of Olin's specialized Master of Accounting (MACC) program, in which students may enroll concurrently with their senior undergraduate studies. | |
| Study abroad opportunities | Yes |
| Olin offers 8 study abroad opportunities in 6 countries, including International Internship programs (a combination of academic work with internship placements) in France, Germany, and the United Kingdom. | |
| Volunteer and community service opportunities | Yes |
| Within the curriculum, Taylor Community Consulting enables Olin students to provide business services to non-profit organizations; outside of the classroom, there are numerous community service opportunities available through student organizations both within Olin and campus-wide. | |
| Business clubs and extracurricular activities | Yes |
| Undergraduate Business School Council (UBSC) is Olin undergraduate student government; Alpha Kappa Psi and Delta Sigma Pi are professional business fraternities; and there are career-related clubs in accounting, finance, marketing, and other areas. | |
FACULTY
| Total full-time undergraduate business faculty | 65 |
| Total undergraduate business adjuncts and visiting business faculty | 16 |
| Total undergraduate permanent/tenured business professors | 26 |
8% of permanent/tenured business professors are women
4% of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)
8% 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: Glenn MacDonald, Anjan Thakor, Jackson Nickerson
STUDENT LIFE
Freshmen are required to live on campus
69%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): 733
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
Olin has had wireless service within its buildings since 2002. In Summer 2006, a wireless network was instituted campus-wide for the entire University.
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 89% of 2006 graduates
Of 2006 graduates for whom we have information...
82% were seeking full-time professional employment in business
18% were not seeking full-time professional employment in business
For those not seeking employment in business...
0% of those were already employed at graduation
52% were planning to continue their education immediately after graduation
21% were postponing their job search
10% were planning to start their own business
17% 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...
85 received their first job offer by graduation
13 received their first job offer within three months of graduation
1 received their first job offer more than three months after graduation
1 did not report having received an offer
| Top 10 recruiting firms that hired the most graduates in the past academic year | No. hired |
| Deloitte Consulting | 5 |
| Ernst & Young | 5 |
| Epic Systems Corporation | 5 |
| General Mills | 5 |
| Goldman Sachs Group | 4 |
| PricewaterhouseCoopers | 4 |
| A.G. Edwards and Sons, Inc. | 3 |
| Bank of America Securities | 3 |
| CIBC World Markets | 3 |
| Edward Jones | 3 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 49,728.00 |
| Median base salary | $ 50,000.00 |
| Average signing bonus | $ 5,419.00 |
| Median signing bonus | $ 4,583.00 |
| Average other guaranteed compensation | $ 9,312.00 |
| Median other guaranteed compensation | $ 11,000.00 |
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.) | 36% |
| Accounting/auditing | 14% |
| General Management | 7% |
| Human Resources | 0% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 18% |
| Management Information Systems | 1% |
| Operations | 2% |
| Logistics/Transportation | 1% |
| Other | 21% |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? No
| Accounting | 13% |
| Consumer Products & Retail | 8% |
| Consulting | 14% |
| Financial Services | 34% |
| Government, Nonprofit, & Education | 5% |
| Health | 0% |
| Manufacturing | 1% |
| Media & Entertainment | 1% |
| Sports & Leisure | 2% |
| Technology & Science | 1% |
| Transportation | 0% |
| UTILITIES | 2% |
| Other | 15% |
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) | 25% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 5% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 6% |
| Southwest (CO, AZ, TX, OK, NM) | 5% |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | 55% |
| 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) | 6% |
| Canada | 0% |
INTERNSHIPS
companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006
93% of internships were paid.
| Average compensation per week | NA |
| Median compensation per week | NA |
| Average internship length (weeks) | 10 |
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 |
| Motorola, Inc. | 6 |
| Citigroup | 5 |
| Lehman Brothers, Inc. | 4 |
| ABN AMRO, Inc. | 3 |
| Merrill Lynch & Co., Inc. | 3 |
| UBS | 3 |
| Bloomingdale's | 2 |
| Build-A-Bear Workshop; Fleishman-Hillard Inc. | 2 |
| KPMG, LLP; Macy's Department Stores | 2 |
| NISA Investment Advisors, LLC; Rubin Brown LLP | 2 |
ALUMNI AFFAIRS
26% 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 | $ 3,773.00 |
| The median gift was | NA |
From June 30, 2005 to June 30, 2006, the undergraduate business program 26% received any individual gift in excess of $10 million
Prominent Alumni
Sam Fox, Chairman & CEO, Harbour Group Ltd.
Donald R. Frahm, Retired Chr., Pres., & CEO, Hartford Group, Inc.
Arnold Zetcher, Chr, Pres. & CEO, Talbot's, Inc.
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 120 for BS in Business Administration |
| Minimum of 48 for BS in Business Administration |
