UNDERGRADUATE Profiles Publish Date 2/26/09

Boston College

Carroll School of Management

Getting In

PROGRAM BASICS

The Carroll School of Management

Fulton Hall 360
Boston College
Chestnut Hill , Massachusetts 02467

Private Institution

Web site

http://www.bc.edu

Program e-mail address:

carrollundergrad@bc.edu

Program telephone number:

(617) 552-3932

AACSB accredited:

Yes

Year in which the undergraduate business program was founded:

1938

Length of entire institution:

Four Year

Business program length:

Four Year

Degrees offered:

Degree/Program Name:
BS/Management

PROGRAM COSTS

Annual Tuition (Resident):

$ 37,410

Annual Tuition (Non-Resident)

$ 37,410

Required fees

$ 540

Books:

$ 750

Room and board:

$ 12,395

ENROLLMENT

Full-time undergraduate business student enrollment:

1,936

Total College enrollment for 2008-09:

14,623

ADMISSIONS

Interviews for entire college:

Not offered

Additional application requirements for entire college:

All students must submit either the new SAT with the writing component and two SAT subject tests of the student's choice, or the ACT test with the writing component. International Students must take the TOEFL

Upcoming application deadlines for entire college:

Semester: 09-07-2009
Deadline: 01-01-2009

Freshmen admitted into business program:

Yes

Percentage of business students admitted as freshmen:

98 %

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 offered

Additional application requirements for freshman admits:

N/A

Minimum college GPA for internal business program transfers:

3.7

Additional requirements for internal transfers:

Completion of Calculus at time of application; an academic record free of unremedied deficiencies

Total number of full-time applications for entire college:

30,845

International applicants, entire college, 2008-09:

8 %

Female applicants, entire college, 2008-09:

56 %

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

26 %

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

27 %

Relative Importance of Application Elements:

Secondary School Record:

Very Important

Class Rank:

Important

Talent/Ability:

Important

Interview:

Not Considered

Extracurricular Activities:

Considered

Volunteer Work:

Considered

Character/Personal Abilities:

Important

Application Essay:

Important

Work Experience:

Considered

SAT/ACT Scores:

Very Important

Recommendations:

Important

High School GPA:

Important

Admissions program managed by:

The university admissions office

Total undergraduate business program applicants, 2008-09:

6,557

Applicants enrolled in undergrad business program 2008-2009:

33 %

Applicants admitted to undergraduate business program, 2008-09:

23 %

CLASS PROFILE

Class Profile:

Female: 32 %
International : 10 %

Entering students by age:

Mean: 18
Median: 18

Citizenship of Entering Students

U.S.: 88 %
Canada: 2 %
Other countries: 10 %
Unknown: 0 %

Percentage of US citizens in entering class who are:

African American: 5 %
Asian American: 11 %
Hispanic or Latino American: 9 %
Multiethnic/Multiracial : 0 %
Native American: 0 %
White (Non-Hispanic): 68 %
Chose not to report: 6 %
Other: 1 %

Entering students from the following region:

Northeast: 62 %
Mid-Atlantic: 7 %
South: 5 %
Southwest: 5 %
Midwest : 12 %
West: 5 %
Possessions and territories: 4 %

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

Mean: 1331
Median: 1360

SAT middle 50% range on 1600 scale:

From: 1,270
To: 1,410

ACT Scores for full-time entering business students:

Mean: 30
Median: 30

ACT middle 50% range:

From: 28
To: 32

Percent of Students Who Were In:

Top 10% of high school class

77 %

Top 25% of high school class:

93 %

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:

$ 12,863,978

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

$ 13,902,793

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:

ROTC scholarship Recipients

Students receiving institutional scholarships for 2008-09 academic year:

30 %

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

6 %

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

97 %

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

3 %

School offers guaranteed loans:

Financial aid web site

http://www.bc.edu/offices/stserv/financial/finaid/undergrad.html

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

90 %

Business students who graduate within 6 years:

92 %

Freshman retention rate:

97 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:

Degree: 115

Other degree requirements:

Completion of university core; Carroll School core; and one management concentration

ACADEMICS

Average class size in required business courses:

Average class size in business electives:

31.5

Class size:

Classes with fewer than 20 students: 22 %
Classes with 21 to 50 students: 68 %
Classes with more than 50 students: 10 %

CURRICULUM

Number of elective courses available in business program:

Electives added current year:

Leading High Performance Teams
Leadership and Mindfulness
Law Ethics and the Arts

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

2008

Leading areas of study:

Accounting

Economics

Finance

Management Information Systems

Marketing

Special programs for business students:

Portico, a new course to be required of all freshmen in Fall, 2009, combines an introduction to business with enhanced attention to ethics and themes of leadership and globalization

Business program offers work study or co-op opportunities:

Business program offers study abroad opportunities:

Yes

Study abroad program description:

Boston Colleges offers study abroad opportunities in over 30 countries worldwide. A complete description of the program, and countries available for study is available at: http://www.bc.edu/offices/international/

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

Boston College offers a number of volunteer and service based learning opportunities. A full description can be found here: http://www.bc.edu/offices/service/volunteer.html. The Carroll School also sponsors an international service trip to Central America.

Business clubs and extracurricular activities:

Accounting Academy
Beta Gamma Sigma
Emerging Leader Program
CSOM Honors Program
Entrepreneur Society
International Business Academy
Management Consulting Club
Women in Business

FACULTY

Faculty:

Full-time faculty : 63
Adjuncts and visiting faculty: 62
Permanent/tenured professors: 36
Percentage of permanent/tenured professors who are women: 42
Percentage of permanent/tenured professors who are underrepresented minorities: 0

STUDENT LIFE

Largest on-campus organizations for business students:

Finance Academy
Accounting Academy
Marketing Academy
AHANA Management Academy
Women in Business

Freshmen are required to live on campus:

Business students are grouped in learning communities:

TECHNOLOGY

Wireless network available:

Yes

Technological improvements made in the last three years:

Boston College offers secure WiFi in classrooms and all of the main areas of major buildings on campus.

Trading laboratory available:

COMMENTS

Info. not available: Median and mean salaries for paid internships; # of interns hired by each company listed. Estimated info: Companies that hired interns via OCR.

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

27,143

Total living alumni:

25,260

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

26 %

Mean alumni gift 2007-08:

$ 3,425

Median alumni gift, 2007-08:

$ 100

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

Prominent alumni:

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

54 %

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:

315

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

1,174

Other activities and services provided for business majors:

Expert: I-Interview; Job Search Workshops and Support Groups; Dean’s coffee/guest employers; CSOM/Internship/Recruiting Program/AHANA Career eNewsletters; in-Class presentations by Career Counselor; annual welcome event at BC Club with employers; co-sponsor career events w. Academic Advising, Intersections, Alumni, Green Careers; Technology Council; Wall Street Council; Council for Women; Alumni Network; Lunch/Learn; weekly employer visits; Recruiting Program; Internship Program; resume and interview workshops; practice interviews; employers-in residence; counselor dedicated to CSOM 2.5 days/week; international students programs; Internship and Career Fairs; Consortium events: Careers in Government Program; Career Launch increased to twice-yearly; "Directions in Finance" new program; Alumni Networking and Career Exploration events in NYC and Washington, DC; drop-ins every day and two evenings each week; Virtual Career Fairs; electronic resume books; information sessions; corporate presentations

Job offer results, 2008 graduates:

Received first job offer by graduation: 70 %
Received first job offer in three months following graduation: 11 %
Received first job offer more than 3 months after graduation: 10 %
Did not report having received a job offer: 9 %
Accepted first job offer by graduation: 76 %
Accepted first job offer in three months following graduation: 6 %
Accepted first job offer more than 3 months after graduation: 6 %
Did not report having accepted a job offer: 12 %

Top hiring firms:

PricewaterhouseCoopers
Deloitte Touche Tomatsu
Ernst & Young
General Electric
UBS
Goldman Sachs Group
JPMorgan Chase & Co.
KPMG LLP
Citigroup Inc.
Bank of America Corp.
Deutsche Bank AG
KPMG LLP
Barclays Bank PLC
Bain & Company
Google Inc.

State Street Corporation
EMC Corporation
Epsilon
FTI Consulting
CRT Capital Group
Grant Thornton
Huron Consulting Group
Lincoln Financial Group
TJX Companies
Accenture
Jefferies Investment Bank

Graduate compensation:

Mean base salary: $ 54,680
Median base salary: $ 55,000
Mean signing bonus: $ 6,521
Median signing bonus: $ 5,000
Mean other guaranteed compensation: $ 0
Median other guaranteed compensation: $ 0

Grads accepted jobs in following functional areas:

Consulting: 11 %
Finance/Accounting: 68 %
General Management: 2 %
Human Resources: 1 %
Management Information Systems: 3 %
Marketing/Sales: 13 %
Operations/Production: 1 %
Logistics/Transportation: 0 %
Other: 1 %

Grads accepted jobs in following industries:

Accounting: 24 %
Consumer Products/Retail: 4 %
Consulting Services: 11 %
Financial Services: 41 %
Government/Education: 3 %
Pharma/Biotech/Health: 1 %
Manufacturing: 3 %
Media/Entertainment: 4 %
Petroleum/Energy: 0 %
Real Estate: 1 %
Sports/Leisure: 1 %
Technology/Science: 5 %
Non-Profit: 0 %
Transportation: 0 %
Utilities: 0 %
Other: 2 %

Percentage of job acceptances, US and Canada:

US: 100 %
Canada: 0 %

Grads accepted jobs in the following US regions:

Northeast: 86 %
Mid-Atlantic: 3 %
Midwest: 4 %
South: 2 %
Southwest: 1 %
West: 4 %
US Possessions/Territories: 0 %

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

168

Internship postings on job boards, previous academic year:

1800

Top internship recruiters, 2007-08:

PricewaterhouseCoopers
Deloitte Touche Tomatsu
Citigroup Inc.
KPMG LLP
Ernst & Young
General Electric
UBS Investment Bank
Cigna
Barclays Bank PLC
Bank of America Corp.
Goldman Sachs Group
JPMorgan Chase & Co.
RBC Financial
Chevron Corp.
International Bus. Machines

ExxonMobil Corporation
Fidelity Investments
Liberty Mutual
Towers Perrin
Watson Wyatt Worldwide
Accenture
BDO Seidman
Cambridge Associates
G. X. Clarke
Lincoln Financial
Morgan Stanley

Percentage of internships that were paid, previous academic year

40 %

Average internship, in weeks:

Graduate Comments

During my job search this year, every firm has commented that they really target Boston College students because of how prepared they are from day one, how well-rounded they are, and because they are very ethically conscious. I think this is a testament to the quality of BC's business program and shows why it is one of the top undergrad programs in the country.

My greatest criticism for Boston College has been my experience with lousy advising. This isn't to say that there aren't smart professors willing to help, because there are. However there lacks an effective framework put in place from the beginning freshman year to facilitate guidance in course selection. I made it, but not without some luck and some help from friendly professors. I had along the way. BC needs to implement a more structured and better guided advising process that ropes you in from day one and forces you to see the importance of path selection from day one on campus.

The alumni network is something that I also find incredibly rewarding at Boston College. No matter the circumstance, fellow eagles are always willing to pick up their phone, take time for coffee, or offer advice to those of us looking to enter the job market. I believe it is through alumni connections that I was able to secure a full-time position after graduation.

It's been a great experience so far. What BC may lack in terms of the quality of dining and recreational facilities, it makes up in terms of the quality of your education and the general ambiance of the school community. My largest criticism of Boston College would be the administrative issues in academics. Myself and many other students came in to the university with credits from high school, which were awarded to us but not counted towards our degrees. We still had to take a full 38 courses (significantly more than other programs who will typically have four classes per semester), and many of us have finished our requirements and will only be taking electives in our final semester.

The one issue that I do have with BC is the intense lack of diversity in both students and faculty. There is also absolutely no integration between the social principals we learn about in other classes and how these things translate into the business world. In the global economy that we live in a deeper understanding of the changing social landscape with the social issues that we face, we should know these things. The fact that we don't know these things is a huge issue.

I love BC and CSOM, but financial aid is really bad. Compared to my FAFSA I am paying far too much extra (around $30,000 more). BC does give grants for financial aid, but the majority is just loans that you have to pay back anyway. They don't offer any academic scholarships and don't make any effort to make needed adjustments in students' financial situations. BC acts too much like a business in that aspect. Boston College is a wonderful school, but they're not getting any donations from me once I graduate - I'll already be paying them for the next 20 years. I hope my college education someday proves to be a profitable investment.

With regards to job search and careers, I have been unable to get a job so far, including a finance internship last year. About 8 companies withdrew their recruiting from BC this fall. This is partly due to the economy and job market, but part of the blame calls for lack of alumni in the business world.

The incredible alumni network that BC has. All alumni from Boston College want to help current students find jobs as well as current professors. They will go out of their way to help a student find a job, prepare for interviews, look at resumes, put them in touch with someone, etc.

Catholic/religious/moral background, concern for ethics and not always the bottom line. Teachers seem to emphasize understanding the subject is more important than getting the best grade, which has always led to a better understanding for me.

As a Jesuit university, the business program is not teaching us to go out and make profits, but rather to establish a better community in what we do. There has been so much fraud and many scandals in the last decade, and we discuss many in great detail in class. There are many times when friends from home tell me how professors show up late at their universities or cancel classes at a frequent rate. Professors here at BC want to come to teach the subjects, but more importantly what being a good business person is all about. Ethics is always discussed in every class I've had at this school.

The Carroll School is unique in a few ways. First, I think that while we have a very competitive business school, it is also very supportive. Students are excited about others' successes as well as their own. We are also encouraged to always think about why we want to be business majors for other reasons than to "make money." Finally, the classes are small enough that everyone has the opportunity to establish really great relationships with their professors which I think helps motivate students even more.

The professors of the business school are all willing to help in any way they can. I feel like I have really learned in my classes in the business school and have been prepared for the business world. The Honors Program is an outstanding program. We take all of our core business classes with the top professor of each department. Also, we put on very effective programs for career preparedness.

While BC pushes students to receive top job offers from the best firms in each industry, you definitely feel the Jesuit influence of the school and kids understand that there is more to life than that top job offer. It's a good mix that I feel other business schools don't have, and it's refreshing to go into each course and know that you will learn something not only about business, but something you will be able to apply later in life.