UNDERGRADUATE Profiles Publish Date 2/26/09

Binghamton University

School of Management

Getting In

PROGRAM BASICS

School of Management, Binghamton University

Vestal Parkway East
Binghamton , New York 13902-6000

Public Institution

Web site

http://som.binghamton.edu

Program e-mail address:

info@binghamton.edu

Program telephone number:

(607) 777-2316

AACSB accredited:

Yes

Year in which the undergraduate business program was founded:

1970

Length of entire institution:

Four Year

Business program length:

Four Year

Degrees offered:

Degree/Program Name:
BS in Management
BS in Accounting

PROGRAM COSTS

Annual Tuition (Resident):

$ 4,970

Annual Tuition (Non-Resident)

$ 12,870

Cost per academic credit (resident)

$ 207

Cost per academic credit (non-resident)

$ 328

Required fees

$ 1,722

Books:

$ 800

Room and board:

$ 10,226

ENROLLMENT

Full-time undergraduate business student enrollment:

1,420

Part-time undergraduate business student enrollment:

Total College enrollment for 2008-09:

14,898

ADMISSIONS

Interviews for entire college:

Not required

Additional application requirements for entire college:

Supplemental admissions form, high school transcript (transcripts from other colleges attended for transfer applicants), essay. For international students TOEFL or IELTS

Upcoming application deadlines for entire college:

Freshmen admitted into business program:

Yes

Percentage of business students admitted as freshmen:

78 %

Are the freshman admits to the business program required to complete pre-business courses before beginning upper-lever courses in the junior year?

Freshmen admitted by:

Indicate interest on university application

Minimum requirements for business program:

Entrance exam requirement other than SAT/ACT for business program:

Interview to enter business program:

Not required

Additional application requirements for freshman admits:

Same as for entire university. See earlier question.

Minimum college GPA for internal business program transfers:

3.5

Additional requirements for internal transfers:

The decisions about internal transfer applicants are made PRIMARILY on the basis of cumulative GPA, with special attention paid to grades received in math and economics courses that may have been taken. The level of the student (freshman, sophomore, etc.)is also considered. Competition for internal transfer is extremely tight, and while a 3.5 GPA is not necessarily the minimum required, the extent of competition for internal transfer spots means that few students below that index can be admitted.

Total number of full-time applications for entire college:

26,666

International applicants, entire college, 2008-09:

12 %

Female applicants, entire college, 2008-09:

52 %

Selectivity--applicants admitted to undergraduate business program, 2008-09:

40 %

Yield -- applicants enrolled in undergraduate business program, 2008-09:

24 %

Relative Importance of Application Elements:

Secondary School Record:

Very Important

Class Rank:

Important

Talent/Ability:

Considered

Interview:

Not Considered

Extracurricular Activities:

Important

Volunteer Work:

Considered

Character/Personal Abilities:

Considered

Application Essay:

Important

Work Experience:

Considered

SAT/ACT Scores:

Very Important

Recommendations:

Important

High School GPA:

Very Important

Admissions program managed by:

The university admissions office

Total undergraduate business program applicants, 2008-09:

4,372

Applicants enrolled in undergrad business program 2008-2009:

26 %

Applicants admitted to undergraduate business program, 2008-09:

23 %

CLASS PROFILE

Class Profile:

Female: 42 %
International : 13 %

Entering students by age:

Mean: 20
Median: 20

Citizenship of Entering Students

U.S.: 81 %
Canada: 0 %
Other countries: 19 %
Unknown: 0 %

Percentage of US citizens in entering class who are:

African American: 5 %
Asian American: 13 %
Hispanic or Latino American: 7 %
Native American: 0 %
White (Non-Hispanic): 39 %
Chose not to report: 23 %
Other: 13 %

Entering students from the following region:

Northeast: 97 %
Mid-Atlantic: 1 %
South: .5 %
Southwest: 0 %
Midwest : 1 %
West: .5 %
Possessions and territories: 0 %

SAT Scores for full-time entering business students on 1600 scale:

Mean: 1305
Median: 1315

SAT middle 50% range on 1600 scale:

From: 1,230
To: 1,380

ACT Scores for full-time entering business students:

Mean: 28
Median: 28

ACT middle 50% range:

From: 27
To: 28

Percent of Students Who Were In:

Top 10% of high school class

60 %

Top 25% of high school class:

89 %

HS GPA of 3.75 or higher

62 %

HS GPA of 3.5 to 3.74:

20 %

FINANCIAL AID

Financial aid handled by:

Central financial aid office at the university

Institutional scholarship money distributed to undergraduate business students in previous academic year:

$ 138,500

Institutional scholarship money to be distributed to undergraduate business students in current academic year:

$ 147,150

Scholarships awarded to students in the business program based on:

A combination of need and merit

Scholarship consideration process:

As part of the admissions application

Other scholarship considerations:

There are some scholarships which are available to students at various levels of degree completion who meet specific special criteria in terms of things like major, gender, hometown, career plans, etc.

Students receiving institutional scholarships for 2008-09 academic year:

8 %

Undergraduate business students with full-tuition scholarships 2008-09:

3 %

Percentage of institutional scholarship money distributed to business students based on merit, 2008-09 year:

37 %

Percentage of institutional scholarship money distributed to business students based on need, 2008-09:

63 %

School offers guaranteed loans:

Financial aid web site

http://bingfa.binghamton.edu

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

82 %

Business students who graduate within 6 years:

88 %

Freshman retention rate:

90 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:

Degree: BS
Hours: 130

Other degree requirements:

Completion of all SOM (School of Management) core requirements and elective coursework with a minimum GPA of 2.0, and an overall GPA of 2.0 for all coursework taken. With respect to constituent courses in the curriculum, the university has various general education requirements, and these apply to students in the School of Management. For business students, courses in calculus, statistics, micro and macroeconomics, and a freshman course featuring significant exposure to the use of EXCEL spreadsheets are required. Students also must complete a business core comprised of introductory courses in all of the basic disciplines and functional areas of management.

ACADEMICS

Average class size in required business courses:

Average class size in business electives:

Average class size in non-business electives required for admission to business program:

Class size:

Classes with fewer than 20 students: 15 %
Classes with 21 to 50 students: 55 %
Classes with more than 50 students: 30 %

Required business courses that reached maximum enrollment by the first day of class, previous academic year:

80 %

Required business courses that had waiting lists, 2007-08:

15 %

CURRICULUM

Number of elective courses available in business program:

Electives added current year:

Doing Business in Emerging Markets
Spreadsheet Modeling and Decision Making
Global Business Risk Management

Year of the last major change to the business program's core curriculum:

2007

Leading areas of study:

Accounting

Finance

Leadership

Management Information Systems

Marketing

Special programs for business students:

Special concentrations in financial engineering, entrepreneurship, e-commerce and supply chain management are worthy of mention in this regard. As is the opportunity for students with undergraduate degrees in management or accounting to pursue an accelerated (one-year) MBA degree. Special 5-year bachelors/MBA programs also exist for students pursuing undergraduate degrees in engineering and various arts and science disciplines.

Business program offers work study or co-op opportunities:

Business program offers study abroad opportunities:

Yes

Study abroad program description:

The Binghamton campus maintains on-going study abroad opportunities, including the School of Management's informal relationships with the University of Nottingham and the University of Bath in England and Murdoch University in Australia. In addition, programs offered through the other units of the SUNY system are open to Binghamton students. This creates a total of roughly 100 distinct international study opportunities.

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

The university (and the school) often are approached by local not-for-profit organizations, governmental bodies, and even small and medium sized business who seek interns (often, but not always, these represent for-credit opportunities). In a few cases, business courses feature such an experience as part of the learning objectives embodied in the syllabus. Students who are part of the PricewaterhouseCooper's Scholars program also complete a community service project as part of their requirements. The campus student government and many of the social clubs, fraternities and sororities,including those not affiliated with the School of Management, also do volunteer projects and participate in fund drives for local charities.

Business clubs and extracurricular activities:

Delta Sigma Pi -- Professional Business Fraternity
Beta Alpha Psi -- Professional Business Honor Society
Beta Gamma Sigma -- Professional Business Honor Society
SIFE (Students in Free Enterprise Chapter)
Finance Marketing and Human Resources student clubs
Alpha Kappa Psi -- Professional Business Fraternity
Bert Mitchell Minority Management Student Organization
ASCEND -- Latino Management and Accounting Student Club

FACULTY

Faculty:

Full-time faculty : 38
Adjuncts and visiting faculty: 24
Permanent/tenured professors: 22
Percentage of permanent/tenured professors who are women: 2
Percentage of permanent/tenured professors who are underrepresented minorities: 0
Percentage of permanent/tenured professors who are also members of company boards of directors or of advisors: 0
Percentage of permanent/tenured professors who are business owners: 0

Prominent faculty:

Francis Yammarino
Subimal Chatterjee
Kristian Rydqvist

STUDENT LIFE

Largest on-campus organizations for business students:

Delta Sigma Pi
Beta Alpha Psi
Beta Gamma Sigma
Alpha Kappa Psi
SIFE (Students in Free Enterprise)

Freshmen are required to live on campus:

Yes

Business students are grouped in learning communities:

TECHNOLOGY

Wireless network available:

Yes

Technological improvements made in the last three years:

Wireless is available across the campus and in all buildings. School of Management has added large plasma screen monitors which operate all day, displaying announcements, recognitions of student and faculty awards, notice of meetings, and simultaneous live network television broadcasts (CNBC). working in cooperation with IBM, the university's School of Engineering (Watson School) and Mainline Information Systems --- and a consortium of local industrial and business leaders, a LINUX laboratory has been designed and equipped. This unique university-community- business partnership has as its purpose the development of “open computing” skills with an eye toward assisting regional organizations (including not-for-profits) in need of assistance with software development applications.

Trading laboratory available:

Yes

COMMENTS

The School of Management is a non-departmentaslized school, and thus complete separation of data between students studying accounting and those pursuing concentrations in other areas of management (ie.e., business students) is not completely possible. Nevertheless, we have done our best to make that separation in providing data. It also is the case that some data requested in your survey is simply not kept or available. Some questions therefore remain blank and a few represent "best guesses." A large amount of data is supplied from the campus Office of Institutional Research and other campus offices.

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

11,150

Total living alumni:

10,350

Percent of alumni who gave, 2007-08 academic year:

16 %

Mean alumni gift 2007-08:

$ 225

Median alumni gift, 2007-08:

$ 100

Single donation in excess of $10 million in 2007-08?

Prominent alumni:

Name: Anthony Kendall
Title: Partner, CEO, Mitchell Titus LLP (largest minority-owned CPA firm)
Name: Mark Zurack
Title: Retired Advisory Director (former Managing Director), Goldma, Sachs and Co.
Name: Allen Zwickler
Title: Managing Director, First Manhattan Co.

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

90 %

Seeking full-time employment in business: 89 %
Not Seeking full-time employment in business: 11 %

Number of companies recruiting undergraduate students on campus in previous academic year:

Companies that posted full-time job offers/positions on school job boards, previous academic year:

360

Other activities and services provided for business majors:

Career counseling, job fairs, on campus recruiting, job/intern postings, alumni events, resume assistance, employer site visits, mock interviews, online career resources

Job offer results, 2008 graduates:

Received first job offer by graduation: 78 %
Received first job offer in three months following graduation: 13 %
Received first job offer more than 3 months after graduation: 0 %
Did not report having received a job offer: 9 %
Accepted first job offer by graduation: 75 %
Accepted first job offer in three months following graduation: 11 %
Accepted first job offer more than 3 months after graduation: 0 %
Did not report having accepted a job offer: 14 %

Top hiring firms:

Ernst & Young
KPMG LLP
Deloitte Touche Tomatsu
PricewaterhouseCoopers
Goldman Sachs Group
Deutsche Bank AG
JPMorgan Chase & Co.
Bank of America Corp.
UBS

Protiviti
RSM McGladrey
Marks Paneth Shron LLP
Factset Research Systems
Marcum & Kliegman LLP
Mercer

Graduate compensation:

Mean base salary: $ 53,228
Median base salary: $ 55,000
Mean signing bonus: $ 4,806
Median signing bonus: $ 4,000

Grads accepted jobs in following functional areas:

Consulting: 4 %
Finance/Accounting: 85 %
General Management: 1 %
Human Resources: 1 %
Management Information Systems: 4 %
Marketing/Sales: 5 %

Grads accepted jobs in following industries:

Accounting: 55 %
Consumer Products/Retail: 4 %
Consulting Services: 5 %
Financial Services: 27 %
Government/Education: 1 %
Manufacturing: 1 %
Media/Entertainment: 4 %
Technology/Science: 3 %

Percentage of job acceptances, US and Canada:

US: 100 %

Grads accepted jobs in the following US regions:

Northeast: 100 %

Number of companies recruiting interns on-campus, 2007-08 academic year:

Internship postings on job boards, previous academic year:

105

Top internship recruiters, 2007-08:

Ernst & Young
PricewaterhouseCoopers
KPMG LLP
Deloitte Touche Tomatsu
Goldman Sachs Group
Deutsche Bank AG
Morgan Stanley
Bank of America Corp.
UBS

RSM McGladrey
Lockheed Martin
University Directories
New York Life Insurance
BDO Seidman LLP
Protiviti

Percentage of internships that were paid, previous academic year

98 %

Mean internship compensation per week:

$ 975

Median internship compensation per week:

$ 775

Average internship, in weeks:

Graduate Comments

The school is unique because of the fact that we have a core structure of classes that we must take because they are important and applicable across all majors but we also have the freedom to choose electives that interest us in our area of concentration. The flexibility that the School of Management offers us is unique and highly valued.

The Binghamton School of Management is unique in its focus on the development of the students. The school cares about how each individual is progressing and wants to ensure everyone is prepared for their future opportunities, whatever they might be. A very personal advising office (for both academic and career advising) with frequent emails regarding events and updates keeps students aware and active.

The recruiters come to us and are very interested/enthusiastic in talking to the students. The faculty is very approachable and most professors are willing to just sit down and give life/career advice to the students.

The program offers many opportunities and creative ways to finance your education. This was especially important to me as I am the oldest of four sons in my family. I did not want to be a heavy burden on my parents and after taking advantage of all that Binghamton has to offer, I will graduate with no debt.

I think the program offers unique insight through the professors and the research they do. Faculty at Binghamton tend to stress critical application of learning rather than straight repetition of facts.

Proximity to NYC is the only strength of this program. All other metrics derive benefit solely from this fact. And, with the collapse of Wall Street, I anticipate hard times for this school that has skirted by too long on a culture of academic un-rigor and hackneyed standards.

The school strongly promotes the real-world skills needed to succeed in business. The school is always hosting programs about how to get ahead in the job search so that we can compete with the Ivy League schools. It does this at a low cost.

The teaching quality of School of management is good. Most professors are willing to help outside of classroom and office hours. Class assignments are challenging and sufficient enough for one to actually learn the material. Also, the academic advising and career service is always available throughout the semester.

The alumni have made my business program most unique. They are very involved with the school and take a true interest in enhancing every student's Binghamton experience. I have had the opportunity to network with individuals in an array of fields.

Since I have attended my business program I feel as if I have improved in all skill areas as a result of the education both inside and outside of the classroom. Each opportunity I have come across has been a direct result of the wonderful program I am in.

The Binghamton University School of Management has definitely helped me become ready for the business world by developing my leadership qualities, my teamwork ability, and my professionalism as well as reinforcing ethical behavior and molding my overall academic prowess.

I have not enjoyed my time at Binghamton. The administration and ResLife is AWFUL, it detracted from anything good that may have come from classes. Also, a lot of the business professors don't speak English clearly enough that you can understand them. I've had many business professors that were just horrible teachers.

Considering that our school is relatively new compared to many of highly renown universities, which will work in disfavor due to lack of history and alumni network and donations, I am very satisfied with my school's program. My school constantly continues to work harder in providing best education possible at an affordable cost.

The School of Management's undergraduate advisors are extremely helpful with anything and everything you need. They helped put me into closed classes, find internships, critique my resume, meet employers, and discuss my future plans. The SOM faculty truly care about their students and want to help them in every way they can to ensure we are successful in the future.

My only concern about the business school is the lack of American professors. I do not mind diversity at all, but it is extremely hard to learn when I do not understand my professors� accents.