University at Buffalo
School of Management
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Program Basics
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- University at Buffalo School of Management
- School of Management
- 204 Alfiero Center
- Buffalo, New York
- 14260
- United States
- Program Web site: http://www.mgt.buffalo.edu
- Program e-mail address: mgt-undergrad@buffalo.edu
- Program phone number: 716-645-3206
- Status: Public (state-operated)
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- AACSB accredited: Yes
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- Year in which the undergraduate business program was founded: 1923
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- Institution: Four Year
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- Business Program: Four Year
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SCHOOL BASICS
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Enrollment:
- Total undergraduate: 21,682
- Full-time undergraduate business: 1,939
- Part-time undergraduate business: 89
- Distance undergraduate business: 0
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- College or university freshman retention rate: 87 %
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Percentage of students who graduate from the business program:
- Within four years of admission to the university: 64 %
- Within six years of admission to the university: 81 %
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Undergraduate Business Degrees Offered:
- BS Business Administration
- BS Accounting
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PROGRAM COSTS
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- Annual Tuition (Resident): $5,270.00
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- Annual Tuition (Non-Resident): $14,050.00
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- Annual Required Fees: $2,249.00
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- Tuition Per Academic Credit (Resident): $220.00
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- Tuition Per Academic Credit (Non-Resident): $558.00
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- Annual Room and Board: $11,162.00
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- Annual Cost of Books: $1,004.00
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CLASS PROFILE
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Students in newest entering class that are:
- Female: 38 %
- International: 19 %
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Mean and median age of full-time business students in the newest entering class:
- Mean: 18
- Median: 18
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Percentage of newest entering class:
- Top 10% of high school class: 17 %
- Top 25% of high school class: 56 %
- GPA of 3.75 or higher: 15 %
- GPA of 3.5 to 3.74: 48 %
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SAT scores (1600 scale) for the newest entering class of full-time undergraduate business students:
- Mean: 1146
- Median: 1140
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Middle 50% range of SAT scores (1600 scale):
- From: 1070
- To: 1220
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ACT scores for the newest entering class of full-time undergraduate business students:
- Mean: 25
- Median: 25
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Middle 50% range of ACT scores:
- From: 23
- To: 27
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Citizenship breakdown for newest entering class:
- US: 77 %
- Canada: 1 %
- Other Non-US Citizens: 21 %
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U.S. citizens in newest entering class:
- African American: 3 %
- Asian American: 19 %
- Hispanic or Latino American: 5 %
- Native American: 1 %
- White (Non-Hispanic): 58 %
- Chose not to report: 14 %
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Regional breakdown of U.S. citizens in newest entering class:
- Northeast: 96 %
- Mid-Atlantic: 1 %
- South: 1 %
- Possessions and territories: 2 %
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ADMISSIONS - Getting Into the Institution
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Standardized tests required of all applicants:
- SAT or ACT
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- Interviews are: Not required
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Application deadlines:
- Fall 2012 Rolling Admission
- Spring 2013 Rolling Admission
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- Additional application requirements: TOEFL or IELTS for International Applicants
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- Total undergraduate applicants, all programs: 21,357
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- Percentage of applicants admitted: 53 %
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- Percentage of admitted applicants who enrolled: 29 %
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- International applicants: 11 %
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- Female applicants: 38 %
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Relative Importance of Application Elements
- Secondary school record: Very Important
- Class rank: Considered
- Talent/ability: Considered
- Interview: Not Considered
- Extracurricular activities: Considered
- Volunteer work: Considered
- Character/personal abilities: Not Considered
- Application essay: Considered
- SAT/ACT scores: Very Important
- Recommendations: Considered
- High school GPA: Very Important
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ADMISSIONS - Getting Into the Business Program
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- Undergrad business program admissions are managed by: The business program office
- Total undergraduate business applicants: 4,611
- Percentage of applicants admitted: 61 %
- Percentage of admitted applicants who enrolled: 43 %
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- Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
- What exam other than SAT/ACT is required?: Must achieve the following prior to junior year:Minimum Standards for the BS in Business Administration - 2.75 in seven prerequisite courses and minimum UB and overall GPA 2.5. Minimum Standards for the BS in Accounting - 3.0 in seven prerequisite courses and minimum UB and overall GPA 3.0.
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- Admissions interviews for the undergraduate business program are: Not offered
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Freshman admission:
- Does the business program admit freshmen?: Yes
- Percentage of business program admits in most recent entering class who were freshman: 28 %
- Are freshman business admits required to complete or obtain minimum GPAs in pre-business courses before taking upper-level courses? Yes
- Process for freshmen admission?: Indicate interest on university application
- Additional application requirements for freshman admits: Must achieve the following prior to junior year:Minimum Standards for the BS in Business Administration - 2.75 in seven prerequisite courses and minimum UB and overall GPA 2.5. Minimum Standards for the BS in Accounting - 3.0 in seven prerequisite courses and minimum UB and overall GPA 3.0.
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Internal transfers:
- Method for handling internal transfers: Separate application
- Minimum college GPA for internal transfers to the business program: 2.75
- Additional application requirements, including course/grade requirements: Admission Criteria (Minimum Standards) BS in Business Administration - 2.75 in seven prerequisite courses and minimum UB and overall GPA 2.5. Admission Criteria (Minimum Standards)BS in Accounting - 3.0 in seven prerequisite courses and minimum UB and overall GPA 3.0.
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CAMPUS LIFE
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Five largest on-campus organizations for business students:
- Beta Alpha Psi
- Delta Sigma Pi
- UB Accounting Association
- Pi Sigma Epsilon
- Financial Management Association
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- Are freshmen required to live on campus?: No
- Are business students grouped together in 'learning communities' in housing and other facilities?: Yes
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PROGRAM REQUIREMENTS
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Minimum number of credit hours required to receive an undergraduate business degree:
- BSBA 120
- BSAcc 122
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Other requirements for the undergraduate business degree
- In addition to the School of Management requirements, all students must also meet the University General Education requirements.
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ACADEMICS
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Average class size:
- Required business classes: 49
- Business electives: 43
- Non-business electives: 35
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Percentage of business classes:
- With 20 or fewer students: 8 %
- With 21 to 50 students: 50 %
- With more than 50 students: 42 %
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Course enrollment:
- Percentage of required business courses reaching maximum enrollment by the first day of class: 32 %
- Percentage of required business courses with waiting lists: 1 %
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CURRICULUM
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Electives:
- Available business electives: 42
- New electives: Business Ethics
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- Last curriculum overhaul: 2004
- Total business faculty: 103
- Percentage of the total faculty that is tenured or tenure track: 50 %
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Most prominent faculty:
- Isaac Ehrlich
- Arun Jain
- Jerry Newman
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Business program's leading areas of study:
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- Accounting
- Finance
- Marketing
- Management Information Systems
- Operations Management
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- Special programs: N/A
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- Work study: Our program offers extraordinary credit-bearing internship opportunities. About 25% of our undergraduate business students complete an internship, across the US and abroad.
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- Study abroad programs: The University has an extensive portfolio of study abroad programs in which business students may participate. Our participation rates are five times the national average.
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- Volunteer opportunities: There are numerous opportunities through Student Life, Campus Living, and School of Management clubs to be engaged in community service.
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Extra-curricular activities:
- American Marketing Association
- Beta Alpha Psi
- Delta Sigma Pi
- Financial Management Assoc.
- Pi Sigma Epsilon
- Society for Human Resource Management
- UB Accounting Association
- Turnaround Management Assoc.
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FINANCIAL AID
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- Who manages financial aid for the business program?: Central financial aid office at the university
- Financial aid web site: http://financialaid.buffalo.edu/
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Scholarships
- Scholarship money distributed to business students last year: $1,466,250.00
- Expected scholarship distribution to business students this year: $1,470,000.00
- Scholarships are awarded to business students based on: a combination of need and merit
- Students receiving institutional scholarships in the current academic year: 16 %
- Students receiving full-tuition institutional scholarships in the current academic year: 2 %
- Institutional scholarship money distributed to undergraduate business students based on need: 11 %
- Institutional scholarship money distributed to undergraduate business students based on merit: 89 %
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Loans
- Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
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- Mean outstanding debt, most recent graduating class: $21,590.00
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CAREER SERVICES
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Employment Information
- Percentage of most recent business graduates who supplied information regarding employment: 73 %
- Percentage seeking full-time professional employment in business: 71 %
- Percentage not seeking full-time professional employment in business: 29 %
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Received first job offer:
- By graduation: 35 %
- After graduation, but within 3 months: 15 %
- More than 3 months after graduation : 1 %
- No job offer reported: 49 %
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Accepted first job offer:
- By graduation : 34 %
- After graduation, but within 3 months: 16 %
- More than 3 months after graduation: 1 %
- No job acceptance reported: 49 %
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- Companies recruiting business students on campus: 77
- Companies posting job offers for business students on school job boards: 295
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Top employers (number of students hired):
- GEICO 10
- Citi 9
- M&T Bank 7
- First Investors 5
- KPMG 4
- Freed Maxick & Battaglia 3
- JP Morgan 3
- Mass Mutual 3
- PricewaterhouseCoopers 3
- Altria 2
- Ernst & Young 2
- HSBC 2
- Macy's 2
- PepsiCo 2
- Toys R Us 2
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Compensation
- Mean base salary: $40,255.00
- Median base salary : $40,000.00
- Mean signing bonus: $3,720.00
- Median signing bonus: $2,750.00
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Most recent graduates accepted jobs in the following functional areas:
- Consulting: 1 %
- Finance/Accounting: 46 %
- General Management: 13 %
- Human Resources: 7 %
- Management Information Systems: 3 %
- Marketing/Sales: 22 %
- Operations/Production: 3 %
- Logistics/Transportation: 0 %
- Other: 5 %
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Most recent graduates accepted jobs in the following industries:
- Accounting: 11 %
- Consumer Products/Retail : 14 %
- Consulting: 4 %
- Financial Services: 36 %
- Government/Education: 2 %
- Pharma/Biotech/Health: 2 %
- Manufacturing: 6 %
- Media/Entertainment: 7 %
- Petroleum/Energy: 2 %
- Real Estate: 2 %
- Sports/Leisure: 3 %
- Technology/Science: 6 %
- Non-Profit: 3 %
- Transportation: 1 %
- Utilities: 0 %
- Other: 1 %
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Job offers accepted by most recent graduates in North America:
- US: 100 %
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Percentage of 2009-10 academic year graduates who accepted jobs in regions of US:
- Northeast: 91 %
- Mid-Atlantic: 1 %
- Midwest: 3 %
- South: 2 %
- Southwest: 1 %
- West: 1 %
- Possessions and territories: 1 %
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- Career services offered: Career counseling and advising, career fairs, networking events, web-based on-campus recruiting and job posting site, web and live workshops (career exploration, job search, employer expectations), career library, mentor program, resume and cover letter critiques, career planning course, open office hours, credit-bearing internship program, assessment tools, practice interview program, alumni speaker series, case competition, business simulation competition
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INTERNSHIPS
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- Companies recruiting business students for internships on campus: 39
- Companies posting internship offers for business students on school job boards: 251
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Top internship employers (number of students hired):
- Buffalo Niagara Marriott 10
- American Education Foundation 7
- M&T Bank 5
- Synergy Group 5
- Basil Resale Central 4
- Child and Family Services of Erie County 4
- WIVB-TV 4
- AXA Advisors 3
- Buffalo Sabres 3
- Citi 3
- PricewaterhouseCoopers 3
- Squeaky Wheel: Buffalo Media Resources 3
- State Farm 3
- Troy & Banks 3
- University at Buffalo 3
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Internship pay
- Average internship length, in weeks: 15
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B-SCHOOL ALUMNI
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- Total number of undergraduate business program graduates since inception: 27,186
- Total living alumni of the undergraduate business program: 24,937
- Percentage of living alumni who contributed to the business program or university in the last academic year: 6 %
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Alumni gifts
- Mean Gift: $403.00
- Median Gift: $50.00
- Did the business program receive a gift of $10 million or more in the last academic year? No
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Prominent alums of the undergrad business program
- Millard S. Drexler Chairman and CEO, J. Crew Group Inc.
- Mitchell S. Klipper CEO, Barnes & Noble Retail Group
- John R. Alm Retired President & CEO, Coca-Cola Enterprises Inc.
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