Program Basics

• • The George Washington University School of Business Undergraduate Programs
  • George Washington University School of Business
  • 2201 G St NW
  • Ste 455
  • Washington, District of Columbia
  • 20052
  • United States
  • Program Web site: http://business.gwu.edu/ugrad
  • Program e-mail address: ugradbus@gwu.edu
  • Program phone number: 202-994-7536
  • Status: Private
• • AACSB accredited: Yes

• Accreditation other than AACSB:

  • The George Washington University is accredited by
  • the Middle States Commission on Higher Education
  • unit of the Middle States Association of Colleges
  • and Schools
• • Year in which the undergraduate business program was founded: 1961
• • Institution: Four Year
• • Business Program: Four Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 10,184
  • Full-time undergraduate business: 1,487
  • Part-time undergraduate business: 31
• • College or university freshman retention rate: 94 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 77 %
  • Within six years of admission to the university: 84 %

• Undergraduate Business Degrees Offered:

  • BAccy Bachelor of Accountancy
  • BBA Bachelor of Business Administration
  • BBA/MSIST Bachelor of Business Administration/Master of Science in Information Systems Technology
  • BBA/MTA Bachelor of Business Administration/Master of Tourism Administration
  • BAccy/MAccy Bachelor of Accountancy/Master of Accountancy
  • BBA/MAccy Bachelor of Business Administration/Master of Accountancy

PROGRAM COSTS

• • Annual Tuition (Resident): $44,103.00
• • Annual Tuition (Non-Resident): $44,103.00
• • Annual Required Fees: $45.00
• • Tuition Per Academic Credit (Resident): $1,227.00
• • Tuition Per Academic Credit (Non-Resident): $1,227.00
• • Annual Room and Board: $10,325.00
• • Annual Cost of Books: $1,275.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 44 %
  • International: 13 %

• 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: 77 %
  • Top 25% of high school class: 98 %

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

  • Mean: 1275
  • Median: 1280

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

  • From: 1210
  • To: 1350

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

  • Mean: 28
  • Median: 29

• Middle 50% range of ACT scores:

  • From: 27
  • To: 31

• Citizenship breakdown for newest entering class:

  • US: 87 %
  • Canada: 0 %
  • Other Non-US Citizens: 13 %

• U.S. citizens in newest entering class:

  • African American: 6 %
  • Asian American: 12 %
  • Hispanic or Latino American: 9 %
  • Multiethnic/Multiracial: 4 %
  • Native American: 1 %
  • White (Non-Hispanic): 66 %
  • Chose not to report: 2 %

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

  • Northeast: 49 %
  • Mid-Atlantic: 18 %
  • South: 10 %
  • Southwest: 5 %
  • Midwest: 7 %
  • West: 10 %
  • Possessions and territories: 1 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • SAT
  • ACT
• • Interviews are: Recommended

• Application deadlines:

  • Fall 2012 1/10/2012
  • Spring 2013 10/1/2012
  • Fall 2013 1/10/2013
• • Additional application requirements: TOEFL for International Applicants
• • Total undergraduate applicants, all programs: 21,591
• • Percentage of applicants admitted: 33 %
• • Percentage of admitted applicants who enrolled: 32 %
• • International applicants: 14 %
• • Female applicants: 44 %

• Relative Importance of Application Elements

  • Secondary school record: Very Important
  • Class rank: Important
  • Talent/ability: Important
  • Interview: Important
  • Extracurricular activities: Important
  • Volunteer work: Important
  • Character/personal abilities: Considered
  • Application essay: Important
  • Work experience: Considered
  • SAT/ACT scores: 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: 3,719
  • Percentage of applicants admitted: 30 %
  • Percentage of admitted applicants who enrolled: 32 %
• • Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
• • Admissions interviews for the undergraduate business program are: Recommended

• Freshman admission:

  • Does the business program admit freshmen?: Yes
  • Percentage of business program admits in most recent entering class who were freshman: 90 %
  • 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:

  • Minimum college GPA for internal transfers to the business program: 2.8
  • Additional application requirements, including course/grade requirements: Strong performance in qualitative course work

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Delta Sigma Pi
  • Alpha Kappa Psi
  • GW Finance and Investments Club
  • GW Women in Business
  • Multicultural Business Student Association
• • 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:

  • BBA 120
  • BAccy 120

ACADEMICS

• Average class size:

  • Required business classes: 36
  • Business electives: 33

• Percentage of business classes:

  • With 20 or fewer students: 22 %
  • With 21 to 50 students: 73 %
  • With more than 50 students: 8 %

CURRICULUM

• • Last curriculum overhaul: 2009
  • Total business faculty: 131
  • Percentage of the total faculty that is tenured or tenure track: 58 %

• Most prominent faculty:

  • William C. Handorf, Ph.D.
  • Timothy Fort, Ph.D.
  • Sharon Hill, Ph.D.

• Business program's leading areas of study:

  • • Accounting
    • Finance
    • Marketing
    • International Business
    • Other
  • Other leading area of study: Sport, Event and Hospitality Management
• • Special programs: First Year Development Program, required of all freshmen; Analysis of Business Issues (Writing in the Disciplines); Career Management Strategy; Rise Above the Rest Four Year Career Program
• • Work study: General work study positions with departments, faculty, the Advising Center and the Undergraduate Programs office, work study students assist in student programming, event management and research.
• • Study abroad programs: GW has over 250 approved study abroad programs for business students & approx. 46% study abroad. GW has study programs, w/onsite facilitators, in Paris, Madrid, England, Chile, Italy & Argentina. The Business in Paris program partners with Sciences Po Univ & is open to students from both GW & Sciences Po with faculty from both universities teaching in the one-semester program. Beginning Fall 2012 international business majors will have the option of completing their major courses in Argentina.
• • Volunteer opportunities: Opportunities are available through the university's Office of Community Service. One School of Business specific program is the 2+2 Mentorship Program, where students mentor DC high school students.

• Extra-curricular activities:

  • Alpha Kappa Psi
  • Alpha Kappa Epsilon
  • Beta Alpha Psi
  • Capitol Advertising
  • Delta Sigma Pi
  • GW Finance and Investments Club
  • GW Women in Business
  • Multicultural Business Student Association

FINANCIAL AID

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

• Scholarships

  • Scholarship money distributed to business students last year: $18,843,823.00
  • Expected scholarship distribution to business students this year: $20,103,103.00
  • Scholarships are awarded to business students based on: a combination of need and merit
  • Students receiving institutional scholarships in the current academic year: 51 %
  • Students receiving full-tuition institutional scholarships in the current academic year: 20 %
  • Institutional scholarship money distributed to undergraduate business students based on need: 82 %
  • Institutional scholarship money distributed to undergraduate business students based on merit: 18 %
• • Mean outstanding debt, most recent graduating class: $35,606.00

CAREER SERVICES

• Employment Information

  • Percentage of most recent business graduates who supplied information regarding employment: 91 %
  • Percentage seeking full-time professional employment in business: 80 %
  • Percentage not seeking full-time professional employment in business: 20 %

• Received first job offer:

  • By graduation: 58 %
  • After graduation, but within 3 months: 15 %
  • No job offer reported: 27 %

• Accepted first job offer:

  • By graduation : 56 %
  • After graduation, but within 3 months: 17 %
  • No job acceptance reported: 27 %
• • Companies recruiting business students on campus: 38
  • Companies posting job offers for business students on school job boards: 1,423

• Top employers (number of students hired):

  • Deloitte 17
  • Enrst & Young 7
  • Pricewaterhouse Coopers 6
  • Citigroup 5
  • Barclays Capital 4
  • Cambridge Associates 3
  • Capital IQ 3
  • Morgan Stanley 3
  • American Express 2
  • Bloomberg 2
  • IBM Global Business Services 2
  • JP Morgan Chase 2
  • KPMG, LLC 2
  • Target Corporation 2
  • CB Richard Ellis 2

• Compensation

  • Mean base salary: $51,928.00
  • Median base salary : $55,000.00
  • Mean signing bonus: $6,009.00
  • Median signing bonus: $5,000.00
  • Mean other guaranteed compensation: $7,348.00
  • Median other guaranteed compensation: $5,000.00

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

  • Consulting: 22 %
  • Finance/Accounting: 36 %
  • General Management: 1 %
  • Human Resources: 1 %
  • Management Information Systems: 2 %
  • Marketing/Sales: 20 %
  • Operations/Production: 8 %
  • Logistics/Transportation: 0 %
  • Other: 10 %

• Most recent graduates accepted jobs in the following industries:

  • Accounting: 7 %
  • Consumer Products/Retail : 4 %
  • Consulting: 16 %
  • Financial Services: 31 %
  • Government/Education: 7 %
  • Pharma/Biotech/Health: 2 %
  • Manufacturing: 1 %
  • Media/Entertainment: 6 %
  • Petroleum/Energy: 0 %
  • Real Estate: 4 %
  • Sports/Leisure: 2 %
  • Technology/Science: 7 %
  • Non-Profit: 1 %
  • Transportation: 0 %
  • Utilities: 0 %
  • Other: 12 %

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

  • US: 100 %
  • Canada: 0 %

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

  • Northeast: 40 %
  • Mid-Atlantic: 49 %
  • Midwest: 3 %
  • South: 3 %
  • Southwest: 1 %
  • West: 3 %
  • Possessions and territories: 1 %
• • Career services offered: GWSB uses an ugrad career management process called Rise Above the Rest. RISE a four-year timeline of events, tasks & end products, students are advised to follow in order to strategically position themselves for their transition to employment or grad school. Services include, one-on-one coaching, mock interviews w/employers, career management class, company info sessions, on-campus interviewing, mentoring, career fairs, career treks, state of the art technology, networking events & panels

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 15
  • Companies posting internship offers for business students on school job boards: 1,799

• Top internship employers (number of students hired):

  • Barclays Capital 2
  • Dahlman Rose 2
  • Deloitte 2
  • IBM 2
  • Bank of America Merril Lynch 1
  • Booz Allen Hamilton 1
  • General Electric 1
  • Credit Suisse 1
  • Goldman Sachs 1
  • McDonalds Corporation 1
  • Morgan Stanley Smith Barney 1
  • Pricewaterhouse Coopers 1
  • Merrill Lynch Global Wealth Management 1
  • UBS 1
  • Calvin Klein 1

• Internship pay

  • Mean compensation, per week, for paid internships only: $631.00
  • Median compensation, per week, for paid internships only: $550.00
  • Average internship length, in weeks: 13

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 15,819
  • Total living alumni of the undergraduate business program: 13,868
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 8 %

• Alumni gifts

  • Mean Gift: $1,732.00
  • Median Gift: $100.00
  • 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

  • William Russell Ramsey CEO of Ramsey Asset Management
  • Michael B. Enzi Senator (R-WY), United States Senate
  • Jerry Reinsdorf Chairman, Chicago Bulls & Chicago White Sox

• • -One of the reasons I was interested in GW's business school is the four-year approach that they instill in their curriculum. I was thrilled to be able to start learning about business and preparing for the business world from day one freshman year. Additionally, I have seen the school consistently improving in multiple areas each year that I have been here- from the staff, to the facilities, to the programs and events being offered.
    
    -I would like to see a wider variety of firms recruiting on campus. There are many government entities and financial services companies, but not too much else outside of that realm.
    
    -Our school is very diverse with a lot of international students and people from different backgrounds. The ability to work with such a wide array of cultures is invaluable.
    
    -Less focus on finance. If the career and advising center focused on some other areas, like my field of marketing, then I would be a lot happier with the job postings.
    
    -Junior year I took a class that was focused on the real-world situations of job-hunting, this included interview tips and techniques, resume critiques, strength finders, and networking. I think this class was essential to finding a job and signing with a firm before I even started senior year classes.
    
    -I think a lot of work can be done in terms of the professors hired/maintained at the university. I have found that a great deal of my professors are not committed to their students, nor do they teach their subject matters thoroughly. This has made it extremely difficult to get the most out of my academic experience.
    
    -The location of GW is its greatest asset for two reasons. First, GW attracts top professionals as adjunct professors who provide great insight into the business world. Second, GW students have more opportunities than arguably any other school to participate in paid internships.
    
    -An auditing system in which previous students can sit in on a different professor for a class they took last semester would provide greater transparency to both administration and students of the differences between learning experiences. It could also bring about ramifications for professors who are tenured and do not feel the need to commit heavily to their students development and progression.
    
    -There are so many advisors unique to the business school that others do not have. I have an academic advisor, study abroad advisor, career advisor, and resume advisor. Not everyone is aware that all of these exist, however if you keep your eyes open you will realize there are so many people trying their best to help you.
    
    -A lot of things could be done to make the program stronger and it all comes down to holding faculty and staff to certain standards of excellence. There are way too many professors, and professional staff that perform their job at a mediocre level or worse. This problem is most prevalent in the career center where it seems the staff doesn't care about the success of students and the few that do are ill equipped to help the students in their area of interest. Many of these issues have been raised by many of the school's top students but administrators have yet to respond to student advice, most times claiming they don't even hear it.
    
    -Our location allows us to foster connections with important figures within the business world as well as those who influence it. Building a strong network is extremely important in the current economic times and GW does an amazing job at aiding you in this process.
    
    -The faculty and academic support staff is just not up to par. Attempts must be made to engage the student body. Right now, there are few classes were students actually lift their eyes from their laptops to actually listen to the professor. However, this speaks to both the student and the staff.
    
    -The career office provided me all of the resources (outside consultants, interview prep and training) that I needed to secure the most elite and highest paying job out of college - Investment Banking at a bulge bracket bank.