Program Basics

• • Boston College
  • Carroll School of Management
  • 140 Commonwealth Avenue
  • Fulton Hall
  • Chestnut Hill, Massachusetts
  • 02467
  • United States
  • Program Web site: http://www.bc.edu/content/bc/schools/csom/undergraduate.html
  • Program phone number: 617-552-3932
  • Status: Private
• • AACSB accredited: Yes
• • Year in which the undergraduate business program was founded: 1938
• • Institution: Four Year
• • Business Program: Four Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 9,088
  • Full-time undergraduate business: 1,845
  • Part-time undergraduate business: 0
  • Distance undergraduate business: 0
• • College or university freshman retention rate: 95 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 88 %
  • Within six years of admission to the university: 91 %

• Undergraduate Business Degrees Offered:

  • B.S., Management

PROGRAM COSTS

• • Annual Tuition (Resident): $41,480.00
• • Annual Tuition (Non-Resident): $41,480.00
• • Annual Required Fees: $724.00
• • Annual Room and Board: $12,324.00
• • Annual Cost of Books: $900.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 33 %
  • International: 8 %

• 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: 81 %
  • Top 25% of high school class: 96 %

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

  • Mean: 1345
  • Median: 1360

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

  • From: 1290
  • To: 1420

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

  • Mean: 30
  • Median: 31

• Middle 50% range of ACT scores:

  • From: 30
  • To: 32

• Citizenship breakdown for newest entering class:

  • US: 92 %
  • Canada: 1 %
  • Other Non-US Citizens: 7 %
  • Dual Citizenship: 6%
  • Unknown Citizenship: 0 %

• U.S. citizens in newest entering class:

  • African American: 3 %
  • Asian American: 8 %
  • Hispanic or Latino American: 11 %
  • Multiethnic/Multiracial: 3 %
  • White (Non-Hispanic): 65 %
  • Chose not to report: 10 %

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

  • Northeast: 58 %
  • Mid-Atlantic: 7 %
  • South: 7 %
  • Southwest: 4 %
  • Midwest: 13 %
  • West: 9 %
  • Possessions and territories: 2 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • SAT w/ Writing and 2 SAT Subject Tests, OR
  • ACT w/ Writing
• • Interviews are: Not offered

• Application deadlines:

  • Fall 2012 1/1//2012
  • Spring 2013 11/1/2012
• • Additional application requirements: In addition to taking either the SAT w/Writing &2 SAT Subject Tests - or the ACT w/Writing; International students who do not speak English as their primary language are required to take the TOEFL examination.
• • Total undergraduate applicants, all programs: 32,974
• • Percentage of applicants admitted: 28 %
• • Percentage of admitted applicants who enrolled: 23 %
• • International applicants: 10 %
• • Female applicants: 33 %

• Relative Importance of Application Elements

  • Secondary school record: Very Important
  • Class rank: Important
  • Talent/ability: Important
  • Interview: Not 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: 6,729
  • Percentage of applicants admitted: 25 %
  • Percentage of admitted applicants who enrolled: 28 %
• • 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 offered

• Freshman admission:

  • Does the business program admit freshmen?: Yes
  • Percentage of business program admits in most recent entering class who were freshman: 98 %
  • 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

• Internal transfers:

  • Method for handling internal transfers: Separate application
  • Minimum college GPA for internal transfers to the business program: 3.5
  • Additional application requirements, including course/grade requirements: Must spend full academic year in school of acceptance. Calculus must be completed at time of application.

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Finance Academy
  • Accounting Academy
  • AHANA Management Academy
  • Women in Business
  • Management Consulting Club
• • Are freshmen required to live on campus?: Yes
  • Are business students grouped together in 'learning communities' in housing and other facilities?: No

PROGRAM REQUIREMENTS

• Other requirements for the undergraduate business degree

  • All students must complete the Core Curriculum and Foreign language proficiency requirement.

ACADEMICS

• Average class size:

  • Required business classes: 35
  • Business electives: 32

• Percentage of business classes:

  • With 20 or fewer students: 19 %
  • With 21 to 50 students: 74 %
  • With more than 50 students: 7 %

CURRICULUM

• Electives:

  • Available business electives: 85
  • New electives: Social Media: Web 2.0
• • Last curriculum overhaul: 2011
  • Total business faculty: 143
  • Percentage of the total faculty that is tenured or tenure track: 45 %

• Business program's leading areas of study:

  • • Accounting
    • Economics
    • Finance
    • Marketing
    • Management Information Systems
• • Special programs: Work Study, Tech Trek, Portico, Boston College Venture Competition
• • Study abroad programs: Business students have full access to the university's complement of study abroad opportunities. In addition, management faculty sometime offer courses in international settings during the summer.
• • Volunteer opportunities: In addition to the many service opportunities available to the general BC community, the business students have their own opportunities. There are three student groups that do business-related service: Students in Free Enterprise, Management Consulting Club, and Volunteer Income Tax Assistance. There is also a service learning component to some business classes including but not limited to sections of Managerial Accounting, Principles of Marketing, and Accounting Info Systems.

• Extra-curricular activities:

  • Accounting Academy
  • Finance Academy
  • Marketing Academy
  • Management Consulting Club
  • AHANA Management Academy
  • Women in Business
  • Smart Women Securities
  • Entrepreneur Society

FINANCIAL AID

• • Who manages financial aid for the business program?: Central financial aid office at the university
  • Financial aid web site: http://www.bc.edu/offices/stserv/financial/finaid.html

• Scholarships

  • Scholarship money distributed to business students last year: $14,736,846.00
  • Expected scholarship distribution to business students this year: $13,729,664.00
  • Scholarships are awarded to business students based on: financial need
  • Students receiving institutional scholarships in the current academic year: 30 %
  • Students receiving full-tuition institutional scholarships in the current academic year: 7 %
  • Institutional scholarship money distributed to undergraduate business students based on need: 98 %
  • Institutional scholarship money distributed to undergraduate business students based on merit: 2 %

• Loans

  • Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
• • Mean outstanding debt, most recent graduating class: $17,569.00

CAREER SERVICES

• Employment Information

  • Percentage of most recent business graduates who supplied information regarding employment: 50 %
  • Percentage seeking full-time professional employment in business: 85 %
  • Percentage not seeking full-time professional employment in business: 15 %

• Top employers (number of students hired):

  • PricerwaterhouseCoopers 19
  • Deloitte & Touche LLP 13
  • Barclays Capital 11
  • Ernst & Young 11
  • UBS 11
  • KPMG 11
  • Citibank 10
  • JP Morgan Chase & Co 8
  • McGladrey 5
  • Bank of America 3
  • Cowen Group 3
  • LEK Consulting 3
  • Google 2
  • General Electric 2
  • SCVNGR, Bloomberg, Prudential, Silver Point Capital 2

• Compensation

  • Mean base salary: $60,047.00
  • Median base salary : $57,000.00
  • Mean signing bonus: $8,020.00
  • Median signing bonus: $10,000.00

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

  • Consulting: 13 %
  • Finance/Accounting: 67 %
  • General Management: 5 %
  • Human Resources: 1 %
  • Management Information Systems: 1 %
  • Marketing/Sales: 8 %
  • Operations/Production: 3 %
  • Logistics/Transportation: 1 %
  • Other: 1 %

• Most recent graduates accepted jobs in the following industries:

  • Accounting: 36 %
  • Consumer Products/Retail : 2 %
  • Consulting: 9 %
  • Financial Services: 44 %
  • Government/Education: 1 %
  • Pharma/Biotech/Health: 2 %
  • Technology/Science: 3 %
  • Non-Profit: 1 %
  • Other: 2 %

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

  • US: 100 %

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

  • Northeast: 90 %
  • Mid-Atlantic: 2 %
  • Midwest: 3 %
  • South: 2 %
  • Southwest: 1 %
  • West: 1 %
  • Possessions and territories: 1 %
• • Career services offered: Interview Prep, Career Fair, Internship Fair, Marketing Career Night, In class presentations (guest lecturers in business classes) on branding, marketing, networking, interviewing, resume writing , Sophomore boot camp, Career Launch, Career Opps for CSOM, Dean’s coffee guest employer series, Employer in residence program, Student academy programming including Wall street treks, Resume Writing, Advanced Resume Writing, Interview Training

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 63
  • Companies posting internship offers for business students on school job boards: 639

• Internship pay

  • Internships that are paid: 100 %
  • Mean compensation, per week, for paid internships only: $1,153.00
  • Median compensation, per week, for paid internships only: $1,100.00
  • Average internship length, in weeks: 10

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 28,650
  • Total living alumni of the undergraduate business program: 24,512
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 29 %

• Alumni gifts

  • Mean Gift: $3,664.00
  • Median Gift: $100.00
  • Did the business program receive a gift of $10 million or more in the last academic year? No

• • -We have a very well rounded academic program that is very much cross-disciplinary. We have a chance to get our feet wet across the many facets of business. Additionally, it is the caliber of professors that make this institution truly amazing. Lastly, it’s the people, my fellow students that truly enable me to love this prestigious university; they have become some of my best life long friends. I am truly blessed to have such intimate and stimulating dialogue with my fellow peers.
    
    -The advising process could be stronger. Each concentration has an advising group, but students are assigned to an individual advisor after their freshman or sophomore year. Having the same advisor for all four years, or even having an advisor assigned each year would be very helpful.
    
    -The business program at BC is unique because the competition amongst students is fierce yet healthy. The caliber of students makes you that much better, smarter, faster. Unlike some Ivy League schools, BC students are strong on the social and academic front, which in an interview really shows and pays off.
    
    -I think the business program's recruitment preparation could be improved upon. More could be done to help the students perform better during interviews and to help compete with students from other universities. Furthermore, the business program could do a better job bringing more firms to recruit on campus. While the career center does a good job with finance and accounting firms, more diversity would be nice. Also, some of the very top prestigious firms do not recruit on campus.
    
    -Although the program is a 4-year program, the school still stresses a wholesome learning experience. They make sure you are well rounded and the knowledge to overcome just about anything after school.
    
    -The business program should emphasize teaching students about other business options besides the Big 4 accounting firms and Investment banking.
    
    -There is a lot of emphasis on ethics in the classroom and the workplace, which I believe came from the Jesuit influence on campus.
    
    -The advising is not what I would like it to be. Some of the professors they pair you with are only there because they have to be. But in my time there has been a change to include more peer advisors who are much more helpful
    
    -It requires a lot of "core" business classes to be taken by every student, and they allow you to chose your own path somewhat from there. This large amount of core classes give every student a deep background in the fundamentals of business that need to be known in any industry.
    
    -The amount of classes we have to take in core Arts and Sciences curriculum serves to limit the amount of business classes we can take in our tenure as students. A greater focus on business courses for students pursuing a business major would help to provide a better background.
    
    -Boston College's business program is unique in that the student body is full of not only extremely smart people, but very personable and outgoing individuals. This fact helps the students work in the team setting, which is a great preparation for the real world.
    
    -While many of the professors are great, there are several that need to be reevaluated. Also, it would be great if they did a better job bringing larger consulting firms to campus and other major employers outside of finance and accounting firms.
    
    -The business program does a lot to prepare the students academically. The facilities, resources, professors, and other faculty are always available to help. The professors care about the students and truly want them to succeed. The students have the necessary skills and abilities to thrive after graduation.
    
    -The career center is not very helpful in the job searching process. Although information is available through the website and emails, there should be more effort from the school part. There is also not enough advising on careers. There is like one person that really knows the industries. At least that is all I am aware of.
    
    -Boston College limits the number of students allowed into the program, keeping the Carroll School competitive and full of bright students passionate about their classes. This also keeps classes to a reasonable size and offers individual attention from the professors.
    
    -The constant long-term goal of a job after graduation is something the professors, advisers, and faculty never forget and are always willing to help students with. The classes are extremely challenging and prepare students well for real-world applications. We have alumni speak at our business school, who provide more real-life experience along with the faculty's willingness to speak of their research and experience while working.