UNDERGRADUATE Profiles Publish Date 2/26/09

Howard University

Getting In

PROGRAM BASICS

Howard University

2600 6th Street, NW
Washington , D.C. 20059

Private Institution

Web site

http://www.bschool.howard.edu/index.html

Program e-mail address:

bschool@howard.edu

Program telephone number:

(202) 806-1508

AACSB accredited:

Yes

Accreditation other than AACSB:

Middle States Assoc of Colleges and Secondary Schools

Year in which the undergraduate business program was founded:

1970

Length of entire institution:

Four Year

Business program length:

Four Year

Degrees offered:

Degree/Program Name:
BBA - Accounting
BBA - Finance
BBA - Computer Information Systems / BBA - International Business
BBA - Management and Hospitality Management
BBA - Marketing
BBA - Supply Chain Management
BBA - Insurance/Acturial Science

PROGRAM COSTS

Annual Tuition (Resident):

$ 14,205

Annual Tuition (Non-Resident)

$ 14,205

Cost per academic credit (resident)

$ 592

Cost per academic credit (non-resident)

$ 592

Required fees

$ 805

Books:

$ 1,200

Room and board:

$ 10,512

ENROLLMENT

Full-time undergraduate business student enrollment:

1,316

Part-time undergraduate business student enrollment:

Distance undergraduate business student enrollment:

Total College enrollment for 2008-09:

11,308

ADMISSIONS

Minimum SAT score for entire college on 1600 scale:

900

Minimum ACT score for entire college:

Minimum high school GPA for entire college:

2.3

Interviews for entire college:

Not required

Additional application requirements for entire college:

TOEFL Scores

Upcoming application deadlines for entire college:

Semester: Fall Semester
Deadline: 02-15-2009
Semester: Spring Semester
Deadline: 09-01-2009
Semester: Summer Semester
Deadline: 02-01-2010

Freshmen admitted into business program:

Yes

Percentage of business students admitted as freshmen:

96 %

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:

Minimum SAT score: 1020
Minimum ACT score: 22
Minimum high school GPA : 3.0

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

Yes

Interview to enter business program:

Not required

Additional application requirements for freshman admits:

GPA = 3.0, SAT 1020, Three recommendations.

Minimum college GPA for internal business program transfers:

3.0

Additional requirements for internal transfers:

Complete 30 hours of credits

Total number of full-time applications for entire college:

9,750

International applicants, entire college, 2008-09:

5 %

Female applicants, entire college, 2008-09:

69 %

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

49 %

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

33 %

Relative Importance of Application Elements:

Secondary School Record:

Very Important

Class Rank:

Very Important

Talent/Ability:

Very Important

Interview:

Not Considered

Extracurricular Activities:

Important

Volunteer Work:

Considered

Character/Personal Abilities:

Very Important

Application Essay:

Important

Work Experience:

Considered

SAT/ACT Scores:

Very Important

Recommendations:

Important

High School GPA:

Very Important

Admissions program managed by:

The business program office

Total undergraduate business program applicants, 2008-09:

1,562

Applicants enrolled in undergrad business program 2008-2009:

34 %

Applicants admitted to undergraduate business program, 2008-09:

52 %

CLASS PROFILE

Class Profile:

Female: 59 %
International : 3.2 %

Entering students by age:

Mean: 18
Median: 18

Citizenship of Entering Students

U.S.: 95 %
Canada: 0 %
Other countries: 5 %
Unknown: 0 %

Percentage of US citizens in entering class who are:

African American: 90 %
Asian American: 1 %
Hispanic or Latino American: 2 %
Multiethnic/Multiracial : 3 %
Native American: 1 %
White (Non-Hispanic): 2 %
Other: 1 %

Entering students from the following region:

Northeast: 26 %
Mid-Atlantic: 28 %
South: 17 %
Southwest: 5 %
Midwest : 18 %
West: 15 %

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

Mean: 1082
Median: 1078

SAT middle 50% range on 1600 scale:

From: 1,010
To: 1,210

ACT Scores for full-time entering business students:

Mean: 23
Median: 22

ACT middle 50% range:

From: 20
To: 27

Percent of Students Who Were In:

Top 10% of high school class

21 %

Top 25% of high school class:

50 %

HS GPA of 3.75 or higher

12 %

HS GPA of 3.5 to 3.74:

18 %

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:

$ 786,000

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

$ 810,000

Scholarships awarded to students in the business program based on:

Academic merit

Scholarship consideration process:

Unique scholarship application

Other scholarship considerations:

N/A

Students receiving institutional scholarships for 2008-09 academic year:

23 %

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

10 %

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

0 %

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

100 %

School offers guaranteed loans:

Yes

Financial aid web site

http://www.howard.edu/financialaid/contacts/staff-finaid.htm

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

44 %

Business students who graduate within 6 years:

64 %

Freshman retention rate:

89 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:

Degree: BBA
Hours: 121

Other degree requirements:

Semester credits required (earned) ranges from 121-128 depending on major. Maximum credits accepted with earned grade of "D" is 21. Maximum credits accepted in business core with earned grade of D, 6. The 6 is part of the maximum 21. Maximum credits accepted in departmental concentration with grade of "D", 0. Departmental concentration average 2.5 Cumulative average for all credits attempted 2.0.

ACADEMICS

Average class size in required business courses:

Average class size in business electives:

Average class size in non-business electives required for admission to business program:

Class size:

Classes with fewer than 20 students: 30 %
Classes with 21 to 50 students: 62 %
Classes with more than 50 students: 8 %

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

30 %

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

0 %

CURRICULUM

Number of elective courses available in business program:

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

2006

Leading areas of study:

Accounting

Finance

General Management

International Business

Marketing

Special programs for business students:

21st Century Advantage Program Executive Leadership Honors Program Center for Professional Development Center for Insurance Development Small Business Development Center The ELI Institute

Business program offers work study or co-op opportunities:

Yes

Tier One Global Inc. Real Estate/Dept of Justice SAIC / Washington Wizards Federal Work-Study US Dep't of State Street Science XM Radio Vital Marketing Disney Kraft Foods Smart Inc. Unilever

Business program offers study abroad opportunities:

Yes

Study abroad program description:

Study abroad programs come through a special center at the University.

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

Students may engage in volunteer work and community service projects on their own or as part of a course.

Business clubs and extracurricular activities:

Beta Gamma Sigma Business Honor Society
Delta Sigma Pi Business Fraternity
American Marketing Association
Society for the advancement of management
Finance Club Gamma Iota Sigma
National Association of Black Accountants
Entrepreneurial Society
National Association for Minorities in Hospitality

FACULTY

Faculty:

Full-time faculty : 61
Adjuncts and visiting faculty: 16
Permanent/tenured professors: 31
Percentage of permanent/tenured professors who are women: 6.6
Percentage of permanent/tenured professors who are underrepresented minorities: 9
Percentage of permanent/tenured professors who are also members of company boards of directors or of advisors: 33
Percentage of permanent/tenured professors who are business owners: 20

Prominent faculty:

Barron Harvey PhD CPA (KPMG Endowed Professor)
Philip Fanara PhD CFA
Sandip Mukherji PhD CFA

STUDENT LIFE

Largest on-campus organizations for business students:

Society for the Advancement of Management
Delta Sigma Pi Business Fraternity
Executive Leadership Honors Program
Finance Club
National Association of Black Accountants

Freshmen are required to live on campus:

Yes

Business students are grouped in learning communities:

Yes

TECHNOLOGY

Wireless network available:

Yes

Technological improvements made in the last three years:

Smart Classroom Upgrades Trading Room Upgrades Three new smart classrooms Ten Big Screen Communications Monitor Upgrades to Faculty Computers

Trading laboratory available:

Yes

COMMENTS

Thank you for the opportunity to be included once again.

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

8,184

Total living alumni:

8,115

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

4 %

Mean alumni gift 2007-08:

$ 262

Median alumni gift, 2007-08:

$ 100

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

Prominent alumni:

Name: Norm Jenkins
Title: President Capstone Development LLC.
Name: Donald Christian
Title: Partner at Pricewaterhouse Coopers
Name: George Willie
Title: Managing Partner Bert Smith & Co.

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

78 %

Seeking full-time employment in business: 90 %
Not Seeking full-time employment in business: 10 %

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:

100

Other activities and services provided for business majors:

Information Sessions Professional skills modules Resume Writing Monster Trak Nacelink Interview Skills Business Etiquette & Ethics

Job offer results, 2008 graduates:

Received first job offer by graduation: 44 %
Received first job offer in three months following graduation: 25 %
Received first job offer more than 3 months after graduation: 10 %
Did not report having received a job offer: 21 %
Accepted first job offer by graduation: 42 %
Accepted first job offer in three months following graduation: 24 %
Accepted first job offer more than 3 months after graduation: 10 %
Did not report having accepted a job offer: 24 %

Top hiring firms:

Merrill Lynch
Deloitte Touche Tomatsu
JPMorgan Chase & Co.
PricewaterhouseCoopers
KPMG LLP
Microsoft
Goldman Sachs Group
UBS
Nike
Morgan Stanley
Ford Motor
Bank of America Corp.

Wachovia
Marriott
Abbott Laboratories
Macys
Ogilvy and Mather
Liberty Mutual
FBI
Enterprise

Graduate compensation:

Mean base salary: $ 52,063
Median base salary: $ 55,000
Mean signing bonus: $ 6,069
Median signing bonus: $ 5,000

Grads accepted jobs in following functional areas:

Consulting: 3 %
Finance/Accounting: 54 %
General Management: 14 %
Human Resources: 1 %
Management Information Systems: 1 %
Marketing/Sales: 17 %
Operations/Production: 3 %
Logistics/Transportation: 3 %
Other: 4 %

Grads accepted jobs in following industries:

Accounting: 12 %
Consumer Products/Retail: 6 %
Consulting Services: 8 %
Financial Services: 40 %
Government/Education: 10 %
Pharma/Biotech/Health: 4 %
Manufacturing: 1 %
Media/Entertainment: 1 %
Petroleum/Energy: 1 %
Real Estate: 1 %
Sports/Leisure: 2 %
Technology/Science: 8 %
Non-Profit: 2 %
Transportation: 2 %
Utilities: 2 %
Other: 0 %

Percentage of job acceptances, US and Canada:

US: 99 %
Canada: 1 %

Grads accepted jobs in the following US regions:

Northeast: 40 %
Mid-Atlantic: 29 %
Midwest: 9 %
South: 12 %
Southwest: 7 %
West: 3 %
US Possessions/Territories: 0 %

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

142

Internship postings on job boards, previous academic year:

200

Top internship recruiters, 2007-08:

PricewaterhouseCoopers
Morgan Stanley
JPMorgan Chase & Co.
KPMG LLP
Merrill Lynch
Deloitte Touche Tomatsu
Credit Suisse Group
Pfizer
UBS
Nike
Goldman Sachs Group
Merck
State Farm

Enterprise
Sempra Energy
All State

Percentage of internships that were paid, previous academic year

97 %

Mean internship compensation per week:

$ 776

Median internship compensation per week:

$ 760

Average internship, in weeks:

Graduate Comments

The entire set-up of the School of Business surrounds teamwork. There are actually very few classes that don't have group work.

Our business program is unique in that it attracts students from across the country and around the world. The Center for Professional Development is committed to exposing us to truly amazing companies. They prepare us for interviews and help us land great internships and full-time positions. You will leave Howard University School of Business having a better appreciation for the diversity of opportunities in the world.

Business orientation classes helped us understand the manners to have in the company of business professionals.

The number of companies that strongly recruit at my school, the skills we learn, and the team building you receive as soon as you start your first year [help the school stand out].

Beyond the technical skills, Howard University School of Business students are primed in successful soft skills from the very start. In the first semester, freshmen are enrolled in the 21st Century Advantage Program (21 CAP), where they are assigned to teams and team corporate sponsors, and given tasks such as creating presentations and putting together business plans. The assembled cases are then presented to the corporate representatives, and prizes are administered at the end of the school year. Additional first-year courses that are indispensible in business education are Career Counseling and Business Orientation.Throughout each student's time at Howard University School of Business, the Center of Professional Development (CPD) is a valuable resource for career advice and guidance. CPD offers regular resume workshops, professional seminars, and hosts on-campus information sessions from a number of prestigious firms. It is at events such as these that students receive post-graduate employment, which makes the relationship that the CPD maintains that much more appreciated.

Our business program is unique in that it teaches us many of the soft skills that are necessary to the business field in addition to teaching us the course material. Many other schools do not prepare their students the way Howard does.

Many, many opportunities to network in professional as well as social settings with firms recruiting on campus [is a plus]. Also, there is a School of Business policy that requires firms that extend student's offers to give the students a certain period of time (about two to four months, depending on when the offer was given) before the student must accept/reject the offer. This is a great policy because it allows students to have time to think about their offers and make an educated decision, and in addition it gives them time to interview with other companies to make sure they have explored all their options.

The first year at Howard University's School of Business really helps set the foundation of what to expect for the following three years and beyond.

Howard's School of Business has prepared me for the corporate world, and I could not be more thankful for this opportunity.

I think we have great opportunities and get great exposure to firms starting from day one of freshman year. There are many difficult courses but I believe they prepare students for the real world. The business program also made me a very competitive candidate when I was applying for jobs for internships and full-time opportunities.

While the job placement opportunities are amazing, the relationship between faculty and students is generally poor. There has been a heavy emphasis on making the courses more difficult. However, the increase in difficulty has not been accompanied with an increase in learning. The accounting department in particular is backward. The faculty is unresponsive to student concerns regarding course structure. They are teaching the courses in the accounting department the same way they have taught them for 30 years. They have been slow to adapt to the dynamic events impacting the world of finance.