Program Basics

• • Bentley University
  • McCallum Graduate School of Business
  • 175 Forest Street
  • Waltham, Massachusetts
  • 02452
  • United States
  • Program Web site: http://www.bentley.edu
  • Program e-mail address: ugadmission@bentley.edu
  • Program phone number: 800-523-2354
  • Status: Private
• • AACSB accredited: Yes

• Accreditation other than AACSB:

  • NEASC; EQUIS
• • Year in which the undergraduate business program was founded: 1917
• • Institution: Four Year
• • Business Program: Four Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 4,228
  • Full-time undergraduate business: 3,918
  • Part-time undergraduate business: 157
  • Distance undergraduate business: 0
• • College or university freshman retention rate: 94 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 81 %
  • Within six years of admission to the university: 89 %

• Undergraduate Business Degrees Offered:

  • BA
  • BS
  • BA/MBA
  • BS/MBA
  • BA/MS
  • BS/MS

PROGRAM COSTS

• • Annual Tuition (Resident): $36,840.00
• • Annual Tuition (Non-Resident): $36,840.00
• • Annual Required Fees: $1,488.00
• • Annual Room and Board: $12,520.00
• • Annual Cost of Books: $1,100.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 39 %
  • International: 14 %

• 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: 82 %

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

  • Mean: 1232
  • Median: 1230

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

  • From: 1170
  • To: 1300

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

  • Mean: 27
  • Median: 27

• Middle 50% range of ACT scores:

  • From: 25
  • To: 29

• Citizenship breakdown for newest entering class:

  • US: 85 %
  • Canada: 1 %
  • Other Non-US Citizens: 15 %

• U.S. citizens in newest entering class:

  • African American: 3 %
  • Asian American: 9 %
  • Hispanic or Latino American: 7 %
  • Multiethnic/Multiracial: 2 %
  • Native American: 0 %
  • White (Non-Hispanic): 72 %
  • Chose not to report: 7 %
  • Other: 0 %

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

  • Northeast: 89 %
  • Mid-Atlantic: 2 %
  • South: 2 %
  • Southwest: 1 %
  • Midwest: 1 %
  • West: 5 %
  • Possessions and territories: 0 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • SAT or ACT with writing component
• • Interviews are: Recommended
• • Additional application requirements: TOELF (or IELTS) required for non-native English speakers unless the student receives at least 577 (paper-based) or 90 (internet-based) on the writing section of the SATs.
• • Total undergraduate applicants, all programs: 6,695
• • Percentage of applicants admitted: 43 %
• • Percentage of admitted applicants who enrolled: 31 %
• • International applicants: 18 %
• • Female applicants: 39 %

• Relative Importance of Application Elements

  • Secondary school record: Very Important
  • Class rank: Considered
  • Talent/ability: Important
  • Interview: Considered
  • Extracurricular activities: Important
  • Volunteer work: Important
  • Character/personal abilities: Important
  • Application essay: Important
  • Work experience: Considered
  • SAT/ACT scores: Very Important
  • Recommendations: Important
  • High school GPA: Very Important

ADMISSIONS - Getting Into the Business Program

• • Undergrad business program admissions are managed by: The university admissions office
  • Total undergraduate business applicants: 6,107
  • Percentage of applicants admitted: 44 %
  • Percentage of admitted applicants who enrolled: 33 %
• • Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
• • Admissions interviews for the undergraduate business program are: Recommended

• Freshman admission:

  • Does the business program admit freshmen?: Yes
  • Percentage of business program admits in most recent entering class who were freshman: 92 %
  • 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

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Bentley Investment Group
  • National Association of Black Accountants
  • Delta Sigma Pi
  • Campus Activities Board
  • Bentley Entrepreneurship Society
• • Are freshmen required to live on campus?: No
  • Are business students grouped together in 'learning communities' in housing and other facilities?: No

PROGRAM REQUIREMENTS

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

  • BS 122

ACADEMICS

• Average class size:

  • Required business classes: 32
  • Business electives: 27

• Percentage of business classes:

  • With 20 or fewer students: 15 %
  • With 21 to 50 students: 85 %
  • With more than 50 students: 0 %

• Course enrollment:

  • Percentage of required business courses reaching maximum enrollment by the first day of class: 26 %
  • Percentage of required business courses with waiting lists: 0 %

CURRICULUM

• Electives:

  • Available business electives: 118
  • New electives: Design & Control of Data & Systems; The Economics of sports; Web 2.0 & Beyond; Business & Social Media; Process Improvement Redesign; Theory & Management of Nonprofit Orgs; Sports Marketing; Marketing for Nonprofits;
• • Last curriculum overhaul: 2009
  • Total business faculty: 200
  • Percentage of the total faculty that is tenured or tenure track: 36 %

• Most prominent faculty:

  • M Lynne Markus
  • James E Hunton
  • Jean C Bedard

• Business program's leading areas of study:

  • • Accounting
    • Finance
    • Marketing
    • General Management
    • E-commerce
• • Special programs: Honors program; Study abroad; Master's Candidate program; Liberal studies major; Corporate Partnership; Internships; Service-Learning
• • Work study: Positions vary based on departmental needs. Students may perform clerical duties, data entry, customer service, event planning, research for faculty members, etc.
• • Study abroad programs: Bentley’s diverse range of partnerships and affiliate programs allow students the opportunity to spend a year, semester or summer abroad while taking Bentley-approved classes. Special features of certain programs, such as service learning, internships and living in a homestay further immerse participants in their host culture. Intensive faculty-led short term programs offer both undergraduate and graduate students the chance to study alongside a Bentley professor in a wide range of non-traditional destinations.
• • Volunteer opportunities: Through the Bentley Service-Learning Center, students may participate in more than 90 projects each year. Service-learning opportunities are available locally or globally in places like Ghana, Haiti and Ireland. Several courses in business and liberal arts offer service-learning projects, and some of these offer a fourth-credit service-learning option. Students may participate in service-learning internships, the Community Work Program, and even earn their Service-Learning Certificate.

• Extra-curricular activities:

  • Allocation and Internal Audit Committee; Associate of Latino Professionals in Finance and Accounting; Bentley Entrepreneurship Society; Beta Alpha Psi; Beta Gamma Sigma Honor Society; Communication Association;
  • Debate Society; International Relations Organization; Investment Group; Leadership Society; Marketing Association; Microfinance Club; Model UN; NASA Means Business; National Association of Black Accountants;
  • Real Estate Organization; Delta Sigma Pi; Economics-Finance Society

FINANCIAL AID

• • Who manages financial aid for the business program?: Central financial aid office at the university
  • Financial aid web site: http://financial-aid.bentley.edu

• Scholarships

  • Scholarship money distributed to business students last year: $48,429,073.00
  • Expected scholarship distribution to business students this year: $51,816,336.00
  • Scholarships are awarded to business students based on: a combination of need and merit
  • Students receiving institutional scholarships in the current academic year: 60 %
  • Students receiving full-tuition institutional scholarships in the current academic year: 2 %
  • Institutional scholarship money distributed to undergraduate business students based on need: 77 %
  • Institutional scholarship money distributed to undergraduate business students based on merit: 23 %

• Loans

  • Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
• • Mean outstanding debt, most recent graduating class: $33,066.00

CAREER SERVICES

• Employment Information

  • Percentage of most recent business graduates who supplied information regarding employment: 64 %
  • Percentage seeking full-time professional employment in business: 77 %
  • Percentage not seeking full-time professional employment in business: 23 %

• Accepted first job offer:

  • By graduation : 79 %
  • After graduation, but within 3 months: 10 %
  • More than 3 months after graduation: 10 %
  • No job acceptance reported: 1 %
• • Companies recruiting business students on campus: 353
  • Companies posting job offers for business students on school job boards: 2,047

• Top employers (number of students hired):

  • Pricewaterhouse Coopers 25
  • KPMG 16
  • Ernst & Young 14
  • Deloitte Consulting 12
  • JPMorgan Chase 11
  • Liberty Mutual 10
  • EMC 8
  • John Hancock 7
  • Fidelity Investments 6
  • State Street Corporation 6
  • The Hartford Insurance Group 6
  • Enterprise Rent-A-Car 5
  • Boston Scientific Corporation 4
  • Fact Set Research Systems 4
  • IBM 4

• Compensation

  • Mean base salary: $49,000.00
  • Median base salary : $50,000.00
  • Mean signing bonus: $7,188.00
  • Median signing bonus: $5,000.00
  • Mean other guaranteed compensation: $9,201.00
  • Median other guaranteed compensation: $5,000.00

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

  • Consulting: 9 %
  • Finance/Accounting: 46 %
  • General Management: 4 %
  • Human Resources: 2 %
  • Management Information Systems: 7 %
  • Marketing/Sales: 24 %
  • Operations/Production: 4 %
  • Logistics/Transportation: 0 %
  • Other: 5 %

• Most recent graduates accepted jobs in the following industries:

  • Accounting: 18 %
  • Consumer Products/Retail : 6 %
  • Consulting: 7 %
  • Financial Services: 28 %
  • Government/Education: 2 %
  • Pharma/Biotech/Health: 3 %
  • Manufacturing: 1 %
  • Media/Entertainment: 11 %
  • Petroleum/Energy: 0 %
  • Real Estate: 1 %
  • Sports/Leisure: 0 %
  • Technology/Science: 11 %
  • Non-Profit: 2 %
  • Transportation: 0 %
  • Utilities: 0 %
  • Other: 12 %

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

  • Northeast: 97 %
  • Mid-Atlantic: 0 %
  • Midwest: 2 %
  • South: 1 %
  • Southwest: 0 %
  • West: 1 %
  • Possessions and territories: 0 %
• • Career services offered: Career fairs; Resume critique events; Internship Advantage series; Career Spotlight programs; Major-oriented career nights; Employer site visits; Etiquette dinners; Interview workshops; Back to the Briefcase program

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 104
  • Companies posting internship offers for business students on school job boards: 2,412

• Internship pay

  • Mean compensation, per week, for paid internships only: $520.00
  • Median compensation, per week, for paid internships only: $480.00
  • Average internship length, in weeks: 12

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 51,214
  • Total living alumni of the undergraduate business program: 41,216
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 7 %

• Alumni gifts

  • Mean Gift: $863.00
  • 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

  • Joaquin Bacardi '89 President and CEO Bacardi Corporation
  • J. Paul Condrin ’83 President, Liberty Mutual Agency Corporation
  • Doug VanOort ‘78 Executive Chairman & CEO, NeoGenomics, Inc.

• • -Bentley's business program is unique because it offers courses that are not just typical business courses. I was able to learn the business of media. I don't know of any other institution that gives students the opportunity to study that as extensively as Bentley does.
    
    -Bentley is definitely an up-and-coming school, which will continue to surge up the business school rankings in the future. I would like to see the school become more selective and attract even higher quality students from across the country. It is a well-known school in the Northeast area, but it could and should easily be a nationally recognized business school, as it offers one of the highest levels of business education available. I would like to see the school pursue students from across the U.S. rather than the Northeast area to get the name out there and show people from across the country what type of an education Bentley offers.
    
    -The opportunity to study business and liberal arts together is something that can focus a person's interest into their academic curriculum. Core business classes are required and give a broad spectrum I would not have got from a management or marketing degree somewhere else.
    
    -While we are exposed to firms through career services, our program could be stronger if there were more interaction with firms in the classroom.
    
    -The trading room gives you the technological tools necessarily to compete in the field. Also, the professors give a unique perspective on the Finance field, which is beneficial to the students. The curriculum is very strong.
    
    -Raise acceptance standards. I feel that there are a lot of intelligent students here whose learning is inhibited by less intelligent students. The honors program does a good job helping this, but there are only so many honors courses available.
    
    -Group work is stressed and students are forced to learn how to communicate from the start. Arts and Sciences and a diverse curriculum makes students well-rounded and ready to tackle business problems/make students informed and educated problem solvers.
    
    -In the business classes, the professors are poor at explaining and although they are capable as people, they lack in being able to convey their knowledge.
    
    -Our school's business program is outstanding when it comes to career search. Since freshman year at Bentley, we have been preparing for work with team exercises, encouragement to voice our opinions, exposure to current business events, and a fantastic job posting website which I have found both of my internships through. Bentley's extensive network helps us get our foot in the door at many prestigious companies.
    
    -Bentley needs to reach out to New York City based firms, not just the big four. Those of us who have learned to be more than a number cruncher need more opportunities outside of Boston.
    
    -Every student is required to take a course in economics, accounting, finance, marketing, operations, and management. Also career services are very active in getting firms to recruit Bentley students.
    
    -More real life events should be incorporated into the classes in order to ensure that everyone is reading and fully understanding events that take place on Wall Street and throughout the world.
    
    -The way that Bentley intertwines technology is unique. Additionally, their curriculum is fantastic at giving students a strong understanding in a number of business sectors with an especial focus on accounting.
    
    -The school focuses mostly on accounting and finance leaving the other majors to fend for themselves so to speak. There aren't enough networking and recruiting events for marketing and management majors. When these events are held, they aren't diverse enough to fit students' interest in fields other than corporate America.
    
    -Our general business programs provide us a solid background in all of the necessary business areas, not just our chosen major. Also, they help tie together the knowledge we learn using projects and integrated courses that show how using some skills in one area can require other skills that are related. Therefore, it is easy to see why as an accounting major, I also need to understand economics, statistics, finance, and management. We also have a comprehensive group project in every business class, facilitating teamwork and leadership skills.