Program Basics

• • W. P. Carey School of Business BS Program
  • W. P. Carey School of Business
  • BA-109
  • Post Office Box 873406
  • Tempe, Arizona
  • 85287-3406
  • United States
  • Program Web site: http://wpcarey.asu.edu
  • Program e-mail address: wpcareyug@asu.edu
  • Program phone number: 4809654227
  • Status: Public (state-operated)
• • AACSB accredited: Yes

• Accreditation other than AACSB:

  • Commission on Accreditation of Healthcare Mgt Ed
• • Year in which the undergraduate business program was founded: 1946
• • Institution: Four Year
• • Business Program: Four Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 58,404
  • Full-time undergraduate business: 3,849
  • Part-time undergraduate business: 340
  • Distance undergraduate business: 0
• • College or university freshman retention rate: 84 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 80 %
  • Within six years of admission to the university: 96 %

• Undergraduate Business Degrees Offered:

  • BS/Accountancy
  • BS/Computer Information Systems
  • BS/Economics
  • BS/Finance
  • BS/Management
  • BS/Marketing
  • BS/Supply Chain Management

PROGRAM COSTS

• • Annual Tuition (Resident): $9,208.00
• • Annual Tuition (Non-Resident): $21,807.00
• • Annual Required Fees: $1,562.00
• • Tuition Per Academic Credit (Resident): $658.00
• • Tuition Per Academic Credit (Non-Resident): $909.00
• • Annual Room and Board: $11,436.00
• • Annual Cost of Books: $1,290.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 34 %
  • International: 2 %

• Mean and median age of full-time business students in the newest entering class:

  • Mean: 18
  • Median: 18

• Percentage of newest entering class:

  • Top 10% of high school class: 44 %
  • Top 25% of high school class: 72 %
  • GPA of 3.75 or higher: 39 %
  • GPA of 3.5 to 3.74: 24 %

• SAT scores (1600 scale) for the newest entering class of full-time undergraduate business students:

  • Mean: 1217
  • Median: 1220

• Middle 50% range of SAT scores (1600 scale):

  • From: 1160
  • To: 1280

• ACT scores for the newest entering class of full-time undergraduate business students:

  • Mean: 26
  • Median: 26

• Middle 50% range of ACT scores:

  • From: 25
  • To: 28

• Citizenship breakdown for newest entering class:

  • US: 98 %
  • Canada: 0 %
  • Other Non-US Citizens: 2 %
  • Dual Citizenship: 0%
  • Unknown Citizenship: 0 %

• U.S. citizens in newest entering class:

  • African American: 1 %
  • Asian American: 7 %
  • Hispanic or Latino American: 16 %
  • Multiethnic/Multiracial: 4 %
  • Native American: 1 %
  • White (Non-Hispanic): 70 %
  • Chose not to report: 1 %
  • Other: 0 %

• Regional breakdown of U.S. citizens in newest entering class:

  • Northeast: 3 %
  • Mid-Atlantic: 2 %
  • South: 1 %
  • Southwest: 67 %
  • Midwest: 10 %
  • West: 17 %
  • Possessions and territories: 0 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • ACT or SAT
• • Minimum SAT score on 1600 scale (if applicable) required for admission: 1110, 1160
  • Minimum ACT Score (if applicable) required for admission: 24, 25
  • Minimum High School GPA (if applicable) required for admission: 3.0, 3.6
  • Interviews are: Not required

• Application deadlines:

  • Fall 2012 2/1/2012
  • Spring 2013 12/1/2012
• • Additional application requirements: Min score of 500 (paper); 173 (computer); or 61 (internet) on Test of English as a Foreign Language OR Min overall band of 6.0 with no band below 5.5 on International English Language Testing System OR Min score on Pearson Test of English of 53
• • Total undergraduate applicants, all programs: 59,315
• • Percentage of applicants admitted: 69 %
• • Percentage of admitted applicants who enrolled: 45 %
• • International applicants: 7 %
• • Female applicants: 34 %

• Relative Importance of Application Elements

  • Secondary school record: Very Important
  • Class rank: Important
  • Talent/ability: Not Considered
  • Interview: Not Considered
  • Volunteer work: Not Considered
  • Character/personal abilities: Not Considered
  • Application essay: Not Considered
  • Work experience: Not Considered
  • SAT/ACT scores: Important
  • Recommendations: Considered
  • High school GPA: Important

ADMISSIONS - Getting Into the Business Program

• • Undergrad business program admissions are managed by: The university admissions office
  • Total undergraduate business applicants: 2,495
  • Percentage of applicants admitted: 55 %
  • Percentage of admitted applicants who enrolled: 45 %

• Admission requirement for admission to the undergraduate business program

  • Minimum SAT: 1110, 1160
  • Minimum ACT: 24, 25
  • Minimum high school GPA: 3.0, 3.6
• • Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
• • Admissions interviews for the undergraduate business program are: Not required

• Freshman admission:

  • Does the business program admit freshmen?: Yes
  • Percentage of business program admits in most recent entering class who were freshman: 87 %
  • Are freshman business admits required to complete or obtain minimum GPAs in pre-business courses before taking upper-level courses? No
  • Process for freshmen admission?: Indicate interest on university application
  • Additional application requirements for freshman admits: Admission to the Bachelor of Science majors in business requires higher test scores/class rank/or GPA than general admission to the university.

• Internal transfers:

  • Minimum college GPA for internal transfers to the business program: 3.0
  • Additional application requirements, including course/grade requirements: If applying to BS majors, internal transfers must meet minimum business school requirements on the SAT /ACT, class rank or high school GPA.

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Alpha Kappa Psi
  • Beta Alpha Psi
  • DISC - Department of Information Systems Club
  • Sports Business Association
  • Supply Chain Management Association
• • Are freshmen required to live on campus?: Yes
  • Are business students grouped together in 'learning communities' in housing and other facilities?: Yes

PROGRAM REQUIREMENTS

• Minimum number of credit hours required to receive an undergraduate business degree:

  • BS 120

• Other requirements for the undergraduate business degree

  • 60 hours of general studies including English, brief calculus, math for business analysis, statistics, psychology, sociology, communication, writing for the professions; 28 hours of business core; 18-24 hours of major; and electives.

ACADEMICS

• Average class size:

  • Required business classes: 54
  • Business electives: 34
  • Non-business electives: 26

• Percentage of business classes:

  • With 20 or fewer students: 33 %
  • With 21 to 50 students: 51 %
  • With more than 50 students: 16 %

CURRICULUM

• Electives:

  • Available business electives: 64
  • New electives: CIS-494 (Global IT)
• • Last curriculum overhaul: 2006
  • Total business faculty: 170
  • Percentage of the total faculty that is tenured or tenure track: 54 %

• Most prominent faculty:

  • Edward Prescott
  • Blake Ashforth
  • Ruth Bolton

• Business program's leading areas of study:

  • • Accounting
    • Finance
    • Marketing
    • Supply Chain Management
    • General Management
  • Other leading area of study: Computer Information Systems
• • Special programs: Arizona State University offers the W. P. Carey Leaders Academy and a Business Honors program for academically talented students; an Honors Certificate in Consulting; an International Business Certificate; and a Certificate in Small Business and Entrepreneurship.
• • Work study: Students have the opportunity to participate in a co-op in which they spend a semester in a career-related employment position.
• • Study abroad programs: The W. P. Carey School offers a number of university exchange programs and business exchange programs. Additionally, there are opportunities for both study-abroad programs and internships, with international opportunities varying in length from four weeks to one year.
• • Volunteer opportunities: The Pat Tillman Leadership through Action Program allows students to collaborate closely with select faculty members and invited business heads to study leadership in action and develop and apply their skills as they learn. The Carey School also offers Service Learning opportunities and Community Service projects sponsored by on-campus Student Organizations.

• Extra-curricular activities:

  • The W. P. Carey School has over 30 business-related student organizations, including:
  • Supply Chain Management Association; the Society for Human Resource Management; the Sports Business Association; the Student Economics Association; Pi Sigma Epsilon; Beta Alpha Psi
  • Phi Beta Lambda; the Native American Business Organization; Investment Banking Industry Scholars; the Hispanic Business Students Association
  • The Department of Information Systems Club; Delta Sigma Pi; the Business School Council; Business Ambassadors; Entrepreneurs @ ASU; Special Event Planner’s Association
  • The Financial Management Association; the Black Business Student Association; the Asian Business Leaders Association; the American Marketing
  • The American Business Women’s Association; Alpha Kappa Psi; AIESEC; Collegiate DECA at ASU; The Advertising Club at ASU; EcoAid on Campus; The Association of Certified Fraud Examiners ASU Student Chapter
  • The Association of Latino Professionals in Finance and Accounting; Business Law Club; Sigma Alpha Pi; the Society of Economic Thought

FINANCIAL AID

• • Who manages financial aid for the business program?: Central financial aid office at the university
  • Financial aid web site: https://students.asu.edu/financialaid

• Scholarships

  • Scholarship money distributed to business students last year: $19,052,708.00
  • Expected scholarship distribution to business students this year: $19,389,609.00
  • Scholarships are awarded to business students based on: a combination of need and merit
  • Students receiving institutional scholarships in the current academic year: 62 %
  • Students receiving full-tuition institutional scholarships in the current academic year: 12 %
  • Institutional scholarship money distributed to undergraduate business students based on need: 50 %
  • Institutional scholarship money distributed to undergraduate business students based on merit: 50 %

• Loans

  • Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
• • Mean outstanding debt, most recent graduating class: $12,018.00

CAREER SERVICES

• Employment Information

  • Percentage of most recent business graduates who supplied information regarding employment: 65 %
  • Percentage seeking full-time professional employment in business: 77 %
  • Percentage not seeking full-time professional employment in business: 23 %

• Received first job offer:

  • By graduation: 48 %
  • After graduation, but within 3 months: 3 %
  • More than 3 months after graduation : 4 %
  • No job offer reported: 45 %

• Accepted first job offer:

  • By graduation : 71 %
  • After graduation, but within 3 months: 2 %
  • More than 3 months after graduation: 3 %
  • No job acceptance reported: 24 %
• • Companies recruiting business students on campus: 496
  • Companies posting job offers for business students on school job boards: 568

• Top employers (number of students hired):

  • PricewaterhouseCoopers 16
  • KPMG, LLP 12
  • Bank of America 9
  • Target Stores 6
  • Intel Corp. 5
  • Amazon.com 5
  • J. P. Morgan Chase 5
  • Wells Fargo 5
  • Arizona State University 5
  • Honeywell International 3
  • Goldman Sachs 3
  • Deloitte & Touche, LLP 3
  • Earnst & Young, LLP 3
  • Edward Jones Investments 2
  • Starbucks Coffee Company 2

• Compensation

  • Mean base salary: $49,862.00
  • Median base salary : $50,000.00
  • Mean signing bonus: $7,123.00
  • Median signing bonus: $5,000.00
  • Mean other guaranteed compensation: $6,000.00
  • Median other guaranteed compensation: $5,000.00

• Most recent graduates accepted jobs in the following functional areas:

  • Consulting: 1 %
  • Finance/Accounting: 52 %
  • General Management: 0 %
  • Human Resources: 1 %
  • Management Information Systems: 7 %
  • Marketing/Sales: 16 %
  • Operations/Production: 13 %
  • Logistics/Transportation: 5 %
  • Other: 5 %

• Most recent graduates accepted jobs in the following industries:

  • Accounting: 24 %
  • Consumer Products/Retail : 15 %
  • Consulting: 1 %
  • Financial Services: 24 %
  • Government/Education: 1 %
  • Pharma/Biotech/Health: 2 %
  • Manufacturing: 12 %
  • Media/Entertainment: 1 %
  • Petroleum/Energy: 5 %
  • Real Estate: 1 %
  • Sports/Leisure: 2 %
  • Technology/Science: 3 %
  • Non-Profit: 2 %
  • Transportation: 3 %
  • Utilities: 1 %
  • Other: 3 %

• Job offers accepted by most recent graduates in North America:

  • US: 99 %
  • Canada: 1 %

• Percentage of 2009-10 academic year graduates who accepted jobs in regions of US:

  • Northeast: 9 %
  • Mid-Atlantic: 7 %
  • Midwest: 2 %
  • South: 5 %
  • Southwest: 60 %
  • West: 17 %
  • Possessions and territories: 0 %
• • Career services offered: The Business Career Center offers career courses to prepare students for the job market; individual career counseling and coaching on career decision making; resume and cover letter critiques; interview preparation; internship and full-time job search strategies; electronic resources for career, company, and industry information; weekly newsletters to students; targeted career programs in investment banking, professional sales and relationship management, and consulting.

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 141
  • Companies posting internship offers for business students on school job boards: 701

• Top internship employers (number of students hired):

  • PriceWaterhouseCoopers 7
  • KPMG, LLP 6
  • Target Stores 6
  • Goldman Sachs 5
  • Arizona State University 5
  • Intel Corp. 4
  • J. P. Morgan Chase 4
  • Ameriprise Financial 3
  • Bank of America 3
  • Earnst & Young, LLP 3
  • Morgan Stanley 3
  • U. S. Airways 3
  • UBS 3
  • Enterprise Rent-A-Car 2
  • NorthStar Resource Group 2

• Internship pay

  • Internships that are paid: 58 %
  • Mean compensation, per week, for paid internships only: $612.00
  • Median compensation, per week, for paid internships only: $600.00

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 66,814
  • Total living alumni of the undergraduate business program: 64,296
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 6 %

• Alumni gifts

  • Mean Gift: $580.00
  • Median Gift: $100.00
  • Did the business program receive a gift of $10 million or more in the last academic year? No

• Prominent alums of the undergrad business program

  • Craig Weatherup Former Chairman & CEO, Pepsi Cola Company
  • John Mumford Founding Partner, Crosspoint Venture Partners
  • Michael Ahearn Former CEO & Current Chairman, First Solar

• • -The W.P. Carey School of Business at ASU works with the Barrett Honors college to give honors students amazing 1-on-1 interaction with faculty. Many upper division undergraduate marketing and management classes are taught almost at an MBA level, extensively using group case studies and cool computer simulations to go beyond typical power point lectures and engage group work.
    
    -There should be more emphasis on getting students involved. In my opinion, team projects, more interaction, and required community service should be increased. It will help more students develop leadership skills and teamwork. Also, too much emphasis is placed on learning theory, which I do not feel is applicable in real life. There should be more real world case studies or interaction with companies or projects that simulate real business situations in order to better prepare students.
    
    -The Professional Development course is unique, as well as the English 302 course. Professional Development teaches students necessary skills for interviewing and research. English 302 is an upper division writing course for business students; it focuses on writing for professionals.
    
    -I wish we were recruited more from investment banks. The fact of the matter is we are not in NY, Chicago, or SF (the major financial centers) so we don't see as much recruitment, even though we more than hold our own in comparison to these schools. The students that do get jobs after graduation are excelling in those positions are the reputation of ASU is getting stronger in these areas. With that, the University will be given more opportunities to shine.
    
    -The program has great facility resources; the teachers are involved even though they face the task of teaching to overcrowded class sizes (in my opinion). They are always available to meet out of class and are very helpful. The program is quite large so there are a variety of programs and activities available. They promote study abroad effectively and are well connected with the Honors College.
    
    -The business program needs to become more rigorous. We have to challenge our students by giving them more homework, exams, readings, and group projects. Too many students are receiving B's and C's in their classes while putting minimal effort in their academic work. In specialized programs, such as SCM and finance, students should be required to take more classes to graduate.
    
    -Like many schools, the program is very strong in the core business disciplines (econ, mgmt, fin, acct, and marketing), however, what sets it apart from many other schools is the emphasis on innovation, entrepreneurship, international business, and sustainability. Additionally, since ASU is in the Phoenix metro area, there is tremendous access to local industry and seasoned business professionals and ASU has done an excellent job building bridges to provide access for students to receive mentoring and coaching. The result of this combination of a classical business education with forward-looking progressive thinking all united with local industry is very powerful and very difficult to find.
    
    -Although I am sure this can be said for all universities, I have found a distinct difference in classes taught by purely academic professors as opposed to those taught by professors with experience in industry. Whereas academic professors typically focus more on theory, professors with industry experience tend to focus more on how things actually work in the corporate world, which I believe is more valuable. In the future I would like to see ASU focus its professor recruiting efforts on those with industry experience.
    
    -ASU has outstanding faculty. Every single one of my teachers has had immense amounts of experience in the work force and is an expert at their subject. I love having teachers who can tell me how the material is used in the work place and who are so knowledgeable about different career paths. We have such a strong support system, from teachers, to counselors, to the study places in our buildings.
    
    -Admissions standards could be increased. The business program could have a separate application process for sophomores, as with many universities, such as Haas at Berkeley. This is in contrast with the current system of incoming students being admitted directly to W.P. Carey.
    
    -The unique mix of teachers who have been business professionals in various fields makes W.P. Carey a special place to be a student. Very interesting inside looks are offered into these industries.
    
    -In some of the core business courses I would like to see the student/professor ratio improve. The large lectures are limited in the way the course can be taught and accessed.
    
    -I believe we have a strong career management center. If there was a time where I needed help with decision-making regarding offers, updating resumes, or even scheduling mock interviews, the CMC was able to respond quickly. I spent a lot of time at the CMC, and I developed strong relationships with my career advisors. I give them a lot of thanks because, without them, I wouldn't be in the great situation that I am in now.
    
    -I think our business program can be a bit more mathematical. I read a study recently informing that many U.S. college students don't have the strong background in mathematics. And there is a strong decline in the studies of math, engineering, and the hard sciences. I think our business program should require more difficult math, especially in statistics. Some business majors (different from my majors) are surprised in my ability to perform math such as statistics and calculus. I probably won't be as effective in my math skills if I hadn't double majored in Economics. I think it would be very helpful if students knew how to use mathematical skills and software because these skills seem to be on the decline.
    
    -We have a lot of team projects. These projects were written by professors, but many of them are developed from actual companies. Different companies conduct lectures regarding specific topics and current issues, and at times, we have to perform a project that attempts to resolve the real issues the companies' face. I enjoy this because I like performing work that is a bit more meaningful and applicable rather than theoretical. Also, I like that companies come visit our classrooms because many of them I see at our career fairs recruiting students.