Program Basics

• • College of Business and Behavioral Science
  • College of Business & Behavioral Science
  • Clemson University
  • 165 Sirrine Hall
  • Clemson, South Carolina
  • 29634
  • United States
  • Program Web site: http://cbbs.clemson.edu
  • Program e-mail address: cbbs@clemson.edu
  • Program phone number: 8646563177
  • Status: Public (state-operated)
• • AACSB accredited: Yes

• Accreditation other than AACSB:

  • SACS
• • Year in which the undergraduate business program was founded: 1972
• • Institution: Four Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 15,697
  • Full-time undergraduate business: 2,255
  • Part-time undergraduate business: 85
  • Distance undergraduate business: 41
• • College or university freshman retention rate: 90 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 73 %
  • Within six years of admission to the university: 84 %

• Undergraduate Business Degrees Offered:

  • BS Accounting
  • BS Financial Management
  • BS Management
  • BS Marketing

PROGRAM COSTS

• • Annual Tuition (Resident): $11,524.00
• • Annual Tuition (Non-Resident): $27,682.00
• • Annual Required Fees: $780.00
• • Tuition Per Academic Credit (Resident): $528.00
• • Tuition Per Academic Credit (Non-Resident): $1,229.00
• • Annual Room and Board: $7,228.00
• • Annual Cost of Books: $1,090.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 40 %
  • International: 1 %

• 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: 28 %
  • Top 25% of high school class: 70 %
  • GPA of 3.75 or higher: 63 %
  • GPA of 3.5 to 3.74: 17 %

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

  • Mean: 1200
  • Median: 1210

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

  • From: 1150
  • To: 1280

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

  • Mean: 27
  • Median: 28

• Middle 50% range of ACT scores:

  • From: 26
  • To: 30

• Citizenship breakdown for newest entering class:

  • US: 99 %
  • Other Non-US Citizens: 1 %

• U.S. citizens in newest entering class:

  • African American: 7 %
  • Asian American: 1 %
  • Hispanic or Latino American: 1 %
  • Multiethnic/Multiracial: 2 %
  • White (Non-Hispanic): 88 %
  • Chose not to report: 1 %

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

  • Northeast: 12 %
  • Mid-Atlantic: 12 %
  • South: 69 %
  • Southwest: 1 %
  • Midwest: 4 %
  • West: 2 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • SAT or ACT
• • Interviews are: Not offered

• Application deadlines:

  • Fall 2012 5/1/2012
  • Spring 2013 12/15/2012
  • Summer 2013 5/1/2013
• • Additional application requirements: All applicants: Transcripts and recommendation letters. International applicants: TOEFL. Transfer applicants: Minimum GPA 2.5.
• • Total undergraduate applicants, all programs: 17,016
• • Percentage of applicants admitted: 60 %
• • Percentage of admitted applicants who enrolled: 29 %
• • International applicants: 2 %
• • Female applicants: 40 %

• Relative Importance of Application Elements

  • Secondary school record: Very Important
  • Class rank: Very Important
  • Talent/ability: Considered
  • Interview: Not Considered
  • Extracurricular activities: Considered
  • Volunteer work: Considered
  • Character/personal abilities: Considered
  • 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: 2,528
  • Percentage of applicants admitted: 61 %
  • Percentage of admitted applicants who enrolled: 38 %
• • Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
  • What exam other than SAT/ACT is required?: None
• • 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: 62 %
  • 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: None

• Internal transfers:

  • Minimum college GPA for internal transfers to the business program: 2.0
  • Additional application requirements, including course/grade requirements: Completed at least 12 credit hours at Clemson University with minimum GPA of 2.0. Transfers admitted first to pre-business program. Need to complete all courses in freshman business curriculum before being admitted to specific business degree program.

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Delta Sigma Pi
  • Clemson University Marketing Association
  • Clemson University Finance Club
  • Beta Alpha Psi
  • Society for Human Resources Management - Clemson Chapter
• • Are freshmen required to live on campus?: Yes
  • Are business students grouped together in 'learning communities' in housing and other facilities?: Yes

PROGRAM REQUIREMENTS

• Minimum number of credit hours required to receive an undergraduate business degree:

  • BS 120

• Other requirements for the undergraduate business degree

  • Minimum GPA of 2.0 required for graduation; Minimum grade of C required in all major-specific courses for some programs.

ACADEMICS

• Average class size:

  • Required business classes: 43
  • Business electives: 25
  • Non-business electives: 30

• Percentage of business classes:

  • With 20 or fewer students: 22 %
  • With 21 to 50 students: 65 %
  • With more than 50 students: 13 %

• Course enrollment:

  • Percentage of required business courses reaching maximum enrollment by the first day of class: 75 %
  • Percentage of required business courses with waiting lists: 10 %

CURRICULUM

• Electives:

  • Available business electives: 90
• • Last curriculum overhaul: 2004
  • Total business faculty: 93
  • Percentage of the total faculty that is tenured or tenure track: 64 %

• Most prominent faculty:

  • Varun Grover
  • Aleda Roth
  • William Gartner

• Business program's leading areas of study:

  • • Accounting
    • Entrepreneurship
    • Finance
    • Marketing
    • General Management
  • Other leading area of study: Human Resources Management
• • Special programs: 1) Thomas F. Chapman Leadership Scholars Program; 2) "I LEAD!" leadership certification program; 3) Tiger Ties Mentorship Program; 4) "Horizons" professional development workshop series; 5) "Leaders in the Classroom" speaker series; 6) Office of Student Enrichment exclusively for CBBS majors; 7) CBBS International Programs Coordinator
• • Work study: Both work study and co-op opportunities are available for full-time students.
• • Study abroad programs: Semester-long and summer programs are available in 17 countries. Semester-long program offering several Clemson Business courses in Belgium every Spring semester. Largest study-abroad participation is in Australia, Mexico, Italy, England, and Belgium. Other popular programs are offered in China and France.
• • Volunteer opportunities: Service learning courses are offered by all business academic departments.

• Extra-curricular activities:

  • Delta Sigma Pi
  • Beta Alpha Psi (Honor Society for Accounting and Financial Information Professionals)
  • Society for Human Resources Management - Clemson Chapter
  • Beta Gamma Sigma (Business Scholastic Honor Society)
  • Phi Alpha Delta (Pre-Law Professional Fraternity)
  • Clemson University Marketing Association
  • Clemson University Finance Club
  • Wall Street South Investment Club

FINANCIAL AID

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

• Scholarships

  • Scholarship money distributed to business students last year: $4,099,486.00
  • Expected scholarship distribution to business students this year: $3,887,984.00
  • Scholarships are awarded to business students based on: a combination of need and merit
  • Other criteria for scholarship consideration: None
  • Students receiving institutional scholarships in the current academic year: 21 %
  • Students receiving full-tuition institutional scholarships in the current academic year: 2 %
  • Institutional scholarship money distributed to undergraduate business students based on need: 10 %
  • Institutional scholarship money distributed to undergraduate business students based on merit: 10 %

• Loans

  • Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
• • Mean outstanding debt, most recent graduating class: $22,019.00

CAREER SERVICES

• Employment Information

  • Percentage of most recent business graduates who supplied information regarding employment: 28 %
  • Percentage seeking full-time professional employment in business: 77 %
  • Percentage not seeking full-time professional employment in business: 23 %

• Received first job offer:

  • By graduation: 47 %
  • No job offer reported: 53 %

• Accepted first job offer:

  • By graduation : 47 %
  • No job acceptance reported: 53 %
• • Companies recruiting business students on campus: 173
  • Companies posting job offers for business students on school job boards: 203

• Top employers (number of students hired):

  • Bank of America 10
  • Vanguard Group 2
  • Teach for America 2
  • Amick Farms 2
  • SYNNEX Corporation 1
  • Target Corporation 1
  • Level One 1
  • CapGemini 1
  • NAVSEA 1
  • Norfolk Southern 1
  • ADP 1
  • Goodrich Corp. 1
  • IBIS 1
  • Aerotek 1
  • Eli Lilly 1

• Compensation

  • Mean base salary: $44,032.00
  • Median base salary : $44,013.00
  • Mean signing bonus: $4,496.00
  • Median signing bonus: $4,395.00

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

  • Consulting: 3 %
  • Finance/Accounting: 35 %
  • General Management: 14 %
  • Human Resources: 6 %
  • Management Information Systems: 13 %
  • Marketing/Sales: 13 %
  • Operations/Production: 10 %
  • Logistics/Transportation: 2 %
  • Other: 4 %

• Most recent graduates accepted jobs in the following industries:

  • Accounting: 22 %
  • Consumer Products/Retail : 9 %
  • Consulting: 1 %
  • Financial Services: 16 %
  • Government/Education: 1 %
  • Pharma/Biotech/Health: 1 %
  • Manufacturing: 25 %
  • Media/Entertainment: 1 %
  • Real Estate: 6 %
  • Sports/Leisure: 3 %
  • Technology/Science: 6 %
  • Non-Profit: 7 %
  • Transportation: 1 %
  • Utilities: 1 %

• 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: 8 %
  • Mid-Atlantic: 11 %
  • Midwest: 5 %
  • South: 76 %
• • Career services offered: Career counseling; Resume critiques; Cover letter critiques; Mock interviews; Interview preparation; Job search assistance; CareerCam; Interview Stream; Part-time, on & off campus jobs; Internships and Full-time job assistance; Career Center Internship class for academic notation; Career Fairs; ClemsonJobLink (on-line recruiting system, NACElink); Presentations and specifically designed workshops based on request by faculty and student organizations.

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 10
  • Companies posting internship offers for business students on school job boards: 89

• Internship pay

  • Internships that are paid: 73 %
  • Mean compensation, per week, for paid internships only: $480.00
  • Median compensation, per week, for paid internships only: $560.00
  • Average internship length, in weeks: 14

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 14,978
  • Total living alumni of the undergraduate business program: 14,878
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 14 %

• Alumni gifts

  • Mean Gift: $248.00
  • Median Gift: $25.00
  • Did the business program receive a gift of $10 million or more in the last academic year? No

• Prominent alums of the undergrad business program

  • Kendall Alley President-Charlotte Region, Wells Fargo Bank
  • Kim Wilkerson President-SC, Bank of America
  • Cheri M. Phyfer President & General Manager, SOuthwestern Division, Sherwin-Williams Company

• • -My school's business program is unique because we have a cohesive environment. We work together because our students are some of the happiest students around according to the Princeton Review a few years back. We can easily feed off one another and exude positive attitudes in and outside of the classroom.
    
    -The business school's focus is aimed at achieving high marks and not at the progress and education of ALL individuals. The business college seems to help only those students who are already outstanding achievers and not at helping develop the students who could be outstanding achievers if given similar focus and attention. The reason that this is so difficult to achieve comes from large class sizes, an average professor quality, and poor business facilities. I find this perplexing given the fact that we pay $2000 more per year than every other junior and senior at Clemson. These fees are designed explicitly to provide smaller class sizes, top-notch professors, and better facilities. Yet I find classes getting bigger, our best finance professors quitting, and the facilities receiving minimal upgrades, (flat screen TVs in the hallways, new signs) that usually serve no purpose in furthering our education. Where is all that money going?
    
    -Real world application is perhaps the most lacking aspect of my business degree at Clemson. After interning with a private wealth management group that managed $1.7 billion at Merrill Lynch this past summer, I realized just how unrelated my education at Clemson is to the real world, or more specifically to a job at Merrill Lynch. Others may find that their education has related directly or at least somewhat. However, I find that there is a complete disconnect between my education at Clemson and the real world. Perhaps it is my mistake for expecting more application from a school that teaches mostly theory; however, since Clemson's goal is to put as many graduates in the workforce and further the Clemson name, it seems ideal for them to focus on application just as heavily, if not more, as they do on theory.
    
    -I would say if we tied the business school into some projects with the engineering school. I feel that if you put those two groups of great minds together more often we would come up with some amazing stuff.
    
    -The business school has a long way to go, but they are too focused on "getting the grade" rather than focusing on the students. I believe these surveys and rankings are about as useful as the bond ratings on the BBB rated subprime mortgage bonds that caused the financial economy to collapse. Dig deeper Business Week, you'd be surprised at what you might find.
    
    -The Dean could interact more with students on a one on one basis. He has a board of students who act on our behalf now. The system works well but I think it could be beneficial for him to do a few rounds to our classes and get to know the students he works for.
    
    -Our advisors are incredible at helping us to plan out a course schedule that not only meets our requirements but also tailors to our personal interests and the career in which we want to work. We also professors with a range of outstanding credentials in different industries that have great networking opportunities and advice to help us accomplish our goals.
    
    -GET BETTER TEACHERS! I have had some of the worst teachers in the business program. Teachers that are boring, unenthusiastic, and seem as if they are only teaching to get a pay check. I do not see a passion for teaching with a lot of my professors. It's quite sad, really.
    
    -The "Clemson Family" feel that is touted so much at Clemson seems to be more focused and close in the business college. I feel perfectly at ease visiting my professors in their office to ask questions even if they aren't related to the class material, and I doubt I could do that at many other schools.
    
    -I think the one thing that could make the business program stronger is if they require all of their students to do at least one internship before graduation. This internship does not have to receive academic credit or be paid, but rather one that gives students experience in the business world so they can begin to figure out what they want to do for the rest of their lives. My internships helped me figure out what I wanted to do after graduation and even led to a job offer. Internships bring on endless possibilities!
    
    -I feel it is unique because we offer a good variety of teachers with real world experience. I feel that is a really value asset as move on from college into the job market soon.
    
    -One interesting program in the Marketing department is the Sales Certificate Program. I was able to earn this by taking a number of sales courses during various semesters. The program allowed me to learn a lot more about the sales field and changed my perspective of the possibility of sales as a career.
    
    -I think we need to set the standard for everyone else, not keep trying to keep up with the standard other schools have set. I feel like we try to play catch up too often and we just need to be on our own and different. I think the quality of teachers that we need to hire need to vastly improve, especially for senior level classes.
    
    -Most teachers are retired practitioners in their respective fields, so the ability to segue real experience into the classroom is unparalleled. Also, Clemson recognizes that most students want to remain in the southeast after graduating so they mostly bring in companies to recruit that have a strong presence in the southeast (ex: CSX, GE, Bank of America, BB&T, Capital One, Delta, etc.)
    
    -Some classes need to be more focused on teaching things we are actually going to encounter on the job rather than how to statistically solve what might happen in a situation.
    
    -I think there should be a requirement to complete at least one internship during a student's four years of curriculum. This would give every student a great competitive edge in the job market post-graduation.
    
    -Clemson has excellent professors and highly competitive students who learn from the shared experiences of the professors not simply the content they are teaching.
    
    -Professors are mostly friendly and easy to talk with as Clemson has an excellent atmosphere that promotes learning and interacting.
    
    -The program could become stronger if a minimum GPA was required to stay in the business school. This would force students to work that much harder and learn more.
    
    -After talking to many other people in my major I feel that Clemson's accounting and finance courses are much harder than any other schools. Clemson's accounting and finance majors are so close that I can still change my major to finance with only one semester remaining. I think that this is a major advantage because every successful financial management and accounting major needs to have the core accounting skills to be proficient in their professions. I know many financial management majors at other schools that work at financial institutions and lack the necessary accounting skills. Consequently, they have to learn "on-the-job" and find that fundamental accounting skills are not something that can be learned as easily while working.