UNDERGRADUATE Profiles Publish Date 2/26/09

Clarkson University

Clarkson University School of Business

Getting In

PROGRAM BASICS

Clarkson University School of Business

8 Clarkson Avenue
Box 5765
Potsdam , New York 13699-5765

Private Institution

Web site

http://www.clarkson.edu/business

Program e-mail address:

suew@clarkson.edu

Program telephone number:

(315) 268-2300

AACSB accredited:

Yes

Year in which the undergraduate business program was founded:

1952

Length of entire institution:

Four Year

Business program length:

Four Year

Degrees offered:

Degree/Program Name:
BS/Global Supply Chain Management
BS/Innovation and Entrepreneurship
BS/Financial Information and Analysis
BS/Information Systems and Business Processes
BS/ Interdisciplinary Engineering and Management

PROGRAM COSTS

Annual Tuition (Resident):

$ 31,010

Annual Tuition (Non-Resident)

$ 31,010

Cost per academic credit (resident)

$ 1,011

Cost per academic credit (non-resident)

$ 1,011

Required fees

$ 0

Books:

$ 1,100

Room and board:

$ 11,522

ENROLLMENT

Full-time undergraduate business student enrollment:

654

Part-time undergraduate business student enrollment:

Total College enrollment for 2008-09:

3,045

ADMISSIONS

Interviews for entire college:

Recommended

Additional application requirements for entire college:

TOFEL - International Students 2 letters of recommendation Essay

Upcoming application deadlines for entire college:

Semester: 01-15-2009
Deadline: 01-15-2009
Semester: 12-01-2009
Deadline: 12-01-2009

Freshmen admitted into business program:

Yes

Percentage of business students admitted as freshmen:

80 %

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

Internal transfers handled by:

Other

Minimum requirements for business program:

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

Interview to enter business program:

Recommended

Additional application requirements for freshman admits:

None

Minimum college GPA for internal business program transfers:

2.0

Additional requirements for internal transfers:

N/A

Total number of full-time applications for entire college:

3,100

International applicants, entire college, 2008-09:

9 %

Female applicants, entire college, 2008-09:

31 %

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

78 %

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

29 %

Relative Importance of Application Elements:

Secondary School Record:

Very Important

Class Rank:

Very Important

Talent/Ability:

Important

Interview:

Considered

Extracurricular Activities:

Important

Volunteer Work:

Important

Character/Personal Abilities:

Important

Application Essay:

Important

Work Experience:

Important

SAT/ACT Scores:

Important

Recommendations:

Very Important

High School GPA:

Very Important

Admissions program managed by:

The university admissions office

Total undergraduate business program applicants, 2008-09:

600

Applicants enrolled in undergrad business program 2008-2009:

76 %

Applicants admitted to undergraduate business program, 2008-09:

78 %

CLASS PROFILE

Class Profile:

Female: 25 %
International : 13 %

Entering students by age:

Mean: 18
Median: 18

Citizenship of Entering Students

U.S.: 89 %
Canada: 8 %
Other countries: 3 %
Unknown: 0 %

Percentage of US citizens in entering class who are:

African American: 5 %
Asian American: 2 %
Hispanic or Latino American: 4 %
Native American: 1 %
White (Non-Hispanic): 85 %

Entering students from the following region:

Northeast: 94 %
Mid-Atlantic: 2 %
South: 0 %
Southwest: 2 %
Midwest : 1 %
West: 1 %
Possessions and territories: 0 %

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

Mean: 1184
Median: 1170

SAT middle 50% range on 1600 scale:

From: 1,080
To: 1,230

ACT Scores for full-time entering business students:

Mean: 26
Median: 25

ACT middle 50% range:

From: 25
To: 26

Percent of Students Who Were In:

Top 10% of high school class

47 %

Top 25% of high school class:

65 %

HS GPA of 3.75 or higher

38 %

HS GPA of 3.5 to 3.74:

41 %

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:

$ 7,187,365

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

$ 8,067,548

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:

N/A

Students receiving institutional scholarships for 2008-09 academic year:

78 %

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

2 %

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

47 %

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

53 %

School offers guaranteed loans:

Financial aid web site

http://www.clarkson.edu/getting-into-clarkson/aid/

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

65 %

Business students who graduate within 6 years:

7 %

Freshman retention rate:

85 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:

Degree: BS
Hours: 120

Other degree requirements:

2.0 overall GPA as wll as 20 within major; international study abroad; internship or coop.

ACADEMICS

Average class size in required business courses:

Average class size in business electives:

Class size:

Classes with fewer than 20 students: 20 %
Classes with 21 to 50 students: 60 %
Classes with more than 50 students: 20 %

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

40 %

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

5 %

CURRICULUM

Number of elective courses available in business program:

Electives added current year:

UNIV 267 Introduction to Canada
MK437 Retail Management
IS110 Introduction to Information Technology
LW499 Law Studies Portfolio

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

2005

Leading areas of study:

Entrepreneurship

Finance

Management Information Systems

Manufacturing and Technology Management

Supply Chain Management

Special programs for business students:

All first year business students participate in an entrepreneurship program where students develop and run a real business. All profits are donated to a local charity. All first year interdisciplinary and management students participate in an engineering design, product creation and business launch experiential course. Enterprise Resource Planning (ERP) training using SAP (Clarkson is an SAP Alliance School). SAP is integrated through the business curriculum. The Clarkson Consulting Group is a real life team-based consulting experience for Clarkson students. Each semester several projects are presented to students by outside organizations facing challenges. Students work in teams, study the issues presented by the clients, and find workable, cost-effective solutions.

Business program offers work study or co-op opportunities:

Yes

A number of students with greatest need are selected each year to receive Federal Work-Study Awards. These students are given the opportunity to work at various sites on campus. The amount each work-study student may earn is predetermined by the Financial Assistance Committee in accordance with need, and the student works a specific number of hours each week for the semester to earn that amount. Students are added to the University payroll and paid bi-weekly by check. Work study money is allocated to the University by the federal government and jobs are contingent upon funding. The Co-Op Office works closely with representatives of business, industry and government to place students in meaningful real-life work environments during the academic year. A Co-op experience provides students the opportunity to apply their academic knowledge and gain valuable experience while positioning themselves to obtain full-time professional employment upon graduation.

Business program offers study abroad opportunities:

Yes

Study abroad program description:

The School of Business requires that all business students participate in some type of a study abroad experience as part of their graduation requirements. To accomplish this, Clarkson offers students semester-long and year-long international opportunities. The traditional study abroad exchange program allows you to attend a university in one of 14 countries. Clarkson has formal exchange programs with more than 20 universities in these countries. Exchange agreements include Australia, Austria, England, France, Germany, China, Ireland, Korea, Mexico, New Zealand, Singapore, Spain and Sweden. The School of Business also offers 2-3 week long faculty led trips to at least four destinations each May. Students select their top two and then complete an application to apply. Once accepted, students participate in a pre-trip lecture series which educates them about the country and prepares them for the trip.

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

Clarkson created a new office called “Co-Curricular Education” last year specifically charged with assisting Clarkson students to find volunteer opportunities. This office helps to match students with opportunities to volunteer at the Potsdam Humane Society, American Red Cross, Big Brothers, Big Sisters of NNY, Building Blocks Day Care, Canton-Potsdam Hospital, Citizens Again Violent Acts (CAVA), CORC Thrift Store, Hospice of St. Lawrence County, Potsdam Neighborhood Center, Potsdam Rescue Squad, Renewal Hose or the St. Lawrence County Head Start. All first year business students participate in an entrepreneurship program where students develop and run a real business. All profits are donated to a local charity, as well as being required to donate hours to their specific charity. Students can also join either of the following clubs which sponsor year-long projects including: Alpha Phi Omega: A service fraternity at Clarkson that is open to both male and female students. One of 615 chapters across the U.S., APO was founded in 1925 to promote leadership by providing services to benefit the campus and larger community. Circle K Clarkson Members become involved in numerous community service projects.

Business clubs and extracurricular activities:

Collegieate Entrepreneurs' Organization (CEO
SHRM
E&M Society
Alpha Kappa Psi
Beta Gamma Sigma
Sigma Tau Iota
Finance Club

FACULTY

Faculty:

Full-time faculty : 36
Adjuncts and visiting faculty: 4
Permanent/tenured professors: 13
Percentage of permanent/tenured professors who are women: 23
Percentage of permanent/tenured professors who are underrepresented minorities: 15
Percentage of permanent/tenured professors who are also members of company boards of directors or of advisors: 263

Prominent faculty:

Augustine Lado
Farzad Mahmoodi
H Sonmez Atesoglu

STUDENT LIFE

Largest on-campus organizations for business students:

CEO
Alpha Kappa Psi
Engineering & Management Society
Society of Professional Women
Society for Human Resource Management

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:

1. Internet connection upgrad to 100Mbps, 45Mpbs Internet 2. 2. All new undergraduate lab, classroom and lecture happ computers on 2008. 3. Upgrade of Blackboard Version8.0 Enterprise. 4. Campus-wide VOIP Implementation. 5. Upgrade to Exchange Mail from Microsoft.

Trading laboratory available:

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

6,302

Total living alumni:

5,864

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

16 %

Mean alumni gift 2007-08:

$ 372

Median alumni gift, 2007-08:

$ 75

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

Prominent alumni:

Name: Byron
Title: Chairman, Adams Golf
Name: Robert Fanch
Title: Chairman, Fanch Communications
Name: Lawrence Kingsley
Title: President & CEO, IDEX Corporation

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

70 %

Seeking full-time employment in business: 85 %
Not Seeking full-time employment in business: 15 %

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:

179

Other activities and services provided for business majors:

Career fairs (2); on-campus recruiting; employer information sessions; workshops; alumni referrals.

Job offer results, 2008 graduates:

Received first job offer by graduation: 78 %
Received first job offer in three months following graduation: 22 %
Accepted first job offer by graduation: 70 %
Accepted first job offer in three months following graduation: 18 %
Accepted first job offer more than 3 months after graduation: 6 %
Did not report having accepted a job offer: 6 %

Top hiring firms:

International Bus. Machines
General Electric
Johnson & Johnson
Xerox
UBS Investment Bank

Johnson Controls
Lockhead Martin
BAE Systems
National Fuel & Gas
Saint-Gobain
Energizer Battery
Raytheon
Cooper Industries
Accenture
Central Hudson Gas

Graduate compensation:

Mean base salary: $ 55,000
Median base salary: $ 55,000
Mean signing bonus: $ 4,000
Median signing bonus: $ 3,000
Mean other guaranteed compensation: $ 3,000
Median other guaranteed compensation: $ 3,000

Grads accepted jobs in following functional areas:

Consulting: 33 %
Finance/Accounting: 8 %
General Management: 8 %
Human Resources: 5 %
Management Information Systems: 12 %
Marketing/Sales: 16 %
Operations/Production: 10 %
Logistics/Transportation: 8 %
Other: 8 %

Grads accepted jobs in following industries:

Accounting: 0 %
Consumer Products/Retail: 5 %
Consulting Services: 34 %
Financial Services: 5 %
Government/Education: 5 %
Pharma/Biotech/Health: 5 %
Manufacturing: 23 %
Media/Entertainment: 0 %
Petroleum/Energy: 3 %
Real Estate: 0 %
Sports/Leisure: 0 %
Technology/Science: 18 %
Non-Profit: 0 %
Transportation: 0 %
Utilities: 5 %
Other: 0 %

Percentage of job acceptances, US and Canada:

US: 97 %
Canada: 3 %

Grads accepted jobs in the following US regions:

Northeast: 78 %
Mid-Atlantic: 3 %
Midwest: 3 %
South: 16 %
Southwest: 0 %
West: 0 %
US Possessions/Territories: 0 %

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

Internship postings on job boards, previous academic year:

Top internship recruiters, 2007-08:

International Bus. Machines
Johnson & Johnson
General Electric
Goldman Sachs Group
Target Corp.
Xerox

Advanced Testing
Gexpro
Accenture
Northrup Grumman
Equinox
Pratt Whitney
Tyco Electric

Percentage of internships that were paid, previous academic year

85 %

Mean internship compensation per week:

$ 740

Median internship compensation per week:

$ 710

Average internship, in weeks:

Graduate Comments

I am just barely able to finish under the accounting program, with Clarkson cutting out its components right and left. As it is, I will have to take two classes online from other schools to sit for the CPA exam. A friend has to take some classes online, on her own dollar, to even be able to finish up her accounting degree here! It's ridiculous. Of the accounting teachers, most are quite good, but that does not make up for some of the classes we need being unavailable!

I am a graduating senior who was able to lock up a job 6 months prior to graduation with a fortune 500 company, IBM. With the instability of today's economy, I am extremely happy with my decision to attend Clarkson University knowing that I will have a well-paying job after I graduate in May.

The career placement for Clarkson is heavily predicated on engineering firms. The vast majority of firms that recruit at Clarkson are focused on engineers. One career fair two years ago balanced out business recruiters with engineering recruiters very well, but since then it has returned to the previous imbalance. The business program needs to focus more on getting companies looking for more than just supply chain, operations, and ISBP managers to recruit at the school.

As a graduating iE&M student, I'm worried about the changes being made to make the program fit into the ABET accreditation. Not only is it unnecessary from a job attractiveness standpoint (iE&M's only make up 10% of the student body and get 40% of on campus interviews) but I feel it will erode the greatest strength of the iE&M program, and that is the kind of people it will attract.

The people in the department are what make Clarkson's business school unique. Many of the professors are extremely accessible and always willing to help and push students.

The fact that there is few supply chain majors in the world let alone the United States makes the program unique. Secondly, the implementation of an entrepreneurship course during your freshman year gears your mindset to a program that emphasizes real world applications. This theme is carried out throughout each of the other business courses within the program. Whether it is the use of latest technology, latest business practices and systems, Clarkson's business program has been evolving and teaching practical knowledge with practical applications.

It is a small school, with very talented, involved, and passionate teachers. Because we have small classes, it makes it easy to learn and follow the class.

One of the most unique experiences is that freshmen year you business class has to run a business. This business is created from the ground up by the class. This includes coming up with a feasible service or product, presenting it to venture capitalists, getting funding and trying to turn a profit. Meanwhile you take the regular classes everyday and still have to deal with the problems of running a successful business. I don't think many other universities do this and I am glad I got to experience it.

The interdisciplinary program involving a general engineering background along with a full set of business classes and allowing students to focus on an area of their preference allows the Clarkson business students to stand out among the competition with their often superior technical and analytical skills. Team and group work, along with leadership skills are also emphasized heavily throughout our undergraduate education providing for closer to real life learning experiences.

Overall, the professors are excellent, and the real-world design of the program is second to none. The consulting class is as hands-on as it gets; you work for a client who pays the school for your services. You develop a contract, provide deliverables and status reports, and learn client management, things you can't learn in a lecture. Nearly every class has a team aspect involved, critical to success in the business world.

The professors are all very knowledgeable in their respective areas. I feel as though there have been a lot of real life examples/experiences that have made transitioning into internships much easier. I am very prepared to enter the business world with the supply chain knowledge I have gained at Clarkson.

The interdisciplinary nature of the program allows me to compete with other potential job candidates in unique ways. Mixed with my personal skill set and I feel that I have a compelling resume for this difficult economy.

The academic and career advising I receive at Clarkson is incredible. From what I've heard from my friends who attend other colleges, Clarkson puts in a huge amount of effort to ensure that its students receive the best academic and career advisement during their time attending.

It is a close knit community that cares about its students. The opportunities available to travel abroad are incredible and well supported by the business program. Also the alumni network is very strong and very open to helping current students in any way they can (i.e. internships, jobs, co-ops, etc).

I�m not the biggest fan of the business program on its own, but Clarkson's unique mixture of business with engineering in the iE&M major is wonderful. There are so many options one could choose and essentially get the best of both worlds.