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Undergraduate Profile Publish Date 05/27/12

University of Illinois, Chicago

College of Business Administation

  • Program Basics

      • University of Illinois at Chicago
      • Liautaud Graduate School of Business
      • 945 West Harrison Street MC 065
      • 1100 University Hall
      • Chicago, Illinois
      • 60607
      • United States
      • Program Web site: http://www.uic.edu/cba/ugrad
      • Program e-mail address: cbabiz@uic.edu
      • Program phone number: 312-996-2700
      • Status: Public (state-operated)
      • AACSB accredited: Yes
      • Year in which the undergraduate business program was founded: 1965
      • Institution: Four Year
      • Business Program: Four Year
  • SCHOOL BASICS

    • Enrollment:

      • Total undergraduate: 25,747
      • Full-time undergraduate business: 2,102
      • Part-time undergraduate business: 66
      • Distance undergraduate business: 70
      • College or university freshman retention rate: 81 %
    • Percentage of students who graduate from the business program:

      • Within four years of admission to the university: 44 %
      • Within six years of admission to the university: 57 %
    • Undergraduate Business Degrees Offered:

      • BS in Accounting
      • BS in Entrepreneurship
      • BS in Finance
      • BS in Information and Decision Sciences
      • BS in Management
      • BS in Marketing
  • PROGRAM COSTS

      • Annual Tuition (Resident): $11,264.00
      • Annual Tuition (Non-Resident): $23,654.00
      • Annual Required Fees: $3,700.00
      • Tuition Per Academic Credit (Resident): $498.00
      • Tuition Per Academic Credit (Non-Resident): $911.00
      • Annual Room and Board: $10,188.00
      • Annual Cost of Books: $1,500.00
  • CLASS PROFILE

    • Students in newest entering class that are:

      • Female: 42 %
      • International: 4 %
    • 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: 20 %
      • Top 25% of high school class: 52 %
      • GPA of 3.75 or higher: 25 %
      • GPA of 3.5 to 3.74: 19 %
    • ACT scores for the newest entering class of full-time undergraduate business students:

      • Mean: 24
      • Median: 24
    • Middle 50% range of ACT scores:

      • From: 22
      • To: 27
    • Citizenship breakdown for newest entering class:

      • US: 96 %
      • Canada: 0 %
      • Other Non-US Citizens: 4 %
      • Dual Citizenship: 0%
      • Unknown Citizenship: 0 %
    • U.S. citizens in newest entering class:

      • African American: 8 %
      • Asian American: 22 %
      • Hispanic or Latino American: 21 %
      • Multiethnic/Multiracial: 2 %
      • Native American: 1 %
      • White (Non-Hispanic): 42 %
      • Chose not to report: 1 %
      • Other: 3 %
    • Regional breakdown of U.S. citizens in newest entering class:

      • Northeast: 1 %
      • Mid-Atlantic: 0 %
      • South: 1 %
      • Southwest: 0 %
      • Midwest: 98 %
      • West: 0 %
      • Possessions and territories: 0 %
  • ADMISSIONS - Getting Into the Institution

    • Standardized tests required of all applicants:

      • ACT or SAT
      • Minimum ACT Score (if applicable) required for admission: 18, 18
      • Minimum High School GPA (if applicable) required for admission: 2.5
      • Interviews are: Not required
    • Application deadlines:

      • Fall 2012 1/15/2012
      • Spring 2013 10/15/2012
      • Additional application requirements: A personal statement is required. Official high school or college transcripts are required for incoming freshmen and transfer students respectively. TOEFL scores, bank statements, and declarationof finances are required for international students.
      • Total undergraduate applicants, all programs: 22,058
      • Percentage of applicants admitted: 53 %
      • Percentage of admitted applicants who enrolled: 45 %
      • International applicants: 3 %
      • Female applicants: 42 %
    • Relative Importance of Application Elements

      • Secondary school record: Very Important
      • Class rank: Important
      • Talent/ability: Important
      • Interview: Considered
      • Extracurricular activities: Important
      • Volunteer work: Considered
      • Character/personal abilities: Important
      • Application essay: Important
      • Work experience: Important
      • 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 business program office
      • Total undergraduate business applicants: 3,289
      • Percentage of applicants admitted: 48 %
      • Percentage of admitted applicants who enrolled: 42 %
    • Admission requirement for admission to the undergraduate business program

      • Minimum ACT: 18, 18
      • Minimum high school GPA: 2.5
      • Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
      • Admissions interviews for the undergraduate business program are: Not required
    • Freshman admission:

      • Does the business program admit freshmen?: Yes
      • Percentage of business program admits in most recent entering class who were freshman: 54 %
      • 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
    • Internal transfers:

      • Minimum college GPA for internal transfers to the business program: 2.8
      • Additional application requirements, including course/grade requirements: Thirty hours of coursework completed with recommended course completion of English Composition I and II, Finite Math, and Business Calculus.
  • CAMPUS LIFE

    • Five largest on-campus organizations for business students:

      • Accounting Club
      • The Finance and Investment Group
      • American Marketing Association
      • Management Leadership Organization
      • Alpha Kappa Psi
      • Are freshmen required to live on campus?: No
      • 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

      • All students are required to demonstrate proficiency in a foreign language by completing two semesters of a single foreign language.
  • ACADEMICS

    • Average class size:

      • Required business classes: 70
      • Business electives: 34
      • Non-business electives: 65
    • Percentage of business classes:

      • With 20 or fewer students: 19 %
      • With 21 to 50 students: 66 %
      • With more than 50 students: 15 %
    • Course enrollment:

      • Percentage of required business courses reaching maximum enrollment by the first day of class: 6 %
      • Percentage of required business courses with waiting lists: 15 %
  • CURRICULUM

    • Electives:

      • Available business electives: 64
      • New electives: Applied Equity Investment Management
      • Last curriculum overhaul: 2007
      • Total business faculty: 76
      • Percentage of the total faculty that is tenured or tenure track: 21 %
    • Most prominent faculty:

      • Robert Chirinko
      • Mark Shanley
      • Sandra Wayne
    • Business program's leading areas of study:

        • Accounting
        • Entrepreneurship
        • Finance
        • Marketing
        • General Management
      • Other leading area of study: Technology
      • Special programs: We are a major research-based institution located in Chicago that cultivates a spirit of entrepreneurship through real-world experience. Our innovative curriculum, renowned faculty and commitment to experiential learning advance our mission to create new knowledge, business, value and leaders for the global marketplace. Through our innovative and unique programming, our students develop the skills and knowledge necessary to become the business leaders for Chicago and the world beyond.
      • Work study: The College of Business Undergraduate Programs department works extensively with Chicago area corporations to provide internship and co-op opportunities to business students at all levels. Located in one of the most vibrant business districts in the world allows our students to participate in internships year round. Students can receive up to three credit hours during a semester by participating in a BA 289 Internship Course. Over 300 students each year participate in this program which includes employers evaluating student performance while students evaluate the company and complete an essay describing how the internship experience has influenced their career plans. Internship visits are conducted by Undergraduate Programs staff to ensure the quality of the experience. The College of Business internship opportunities are a very successful measure of a business students experience.
      • Study abroad programs: The Study Abroad Office is committed to making overseas study and international cultural immersion an integral part of the educational experience to better prepare students to meet the challenge and opportunities of a global society. Students may select from more than 200 programs in over 50 countries on 6 continents. A Study Abroad experience helps to prepare students for the global economy in which they will work, and many programs also include an internship component, giving students an opportunity to gain valuable practical experience working in an international environment.
      • Volunteer opportunities: The university works to create civically engaged students who understand the value of active community service and lifelong learning. Students engage in organized service efforts ranging from alternative spring break service trips to mentoring/tutoring programs and Junior Achievement educational programs area through the G.I.V.E. (Get Involved in Volunteer Experience) program. During the fall semester about 25% of the student body participated in community service or volunteer efforts. Our students provided 4000 hours of community service through Junior Achievement last year and made a difference in the lives of about 9500 urban youth.
    • Extra-curricular activities:

      • Alpha Kappa Psi Fraternity
      • Betta gamma Sigma Fraternity
      • UIC Investment Society
      • UIC Ambassadors
      • College Career Fairs
      • Leadership Conferences
      • Take a Professor to Lunch
      • Executive's Club of Chicago
  • FINANCIAL AID

    • Scholarships

      • Scholarship money distributed to business students last year: $3,658,520.00
      • Expected scholarship distribution to business students this year: $3,887,640.00
      • Scholarships are awarded to business students based on: a combination of need and merit
      • Students receiving institutional scholarships in the current academic year: 62 %
      • Students receiving full-tuition institutional scholarships in the current academic year: 40 %
      • Institutional scholarship money distributed to undergraduate business students based on need: 60 %
      • Institutional scholarship money distributed to undergraduate business students based on merit: 40 %
    • Loans

      • Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
      • Mean outstanding debt, most recent graduating class: $20,196.00
  • CAREER SERVICES

    • Employment Information

      • Percentage of most recent business graduates who supplied information regarding employment: 80 %
      • Percentage seeking full-time professional employment in business: 82 %
      • Percentage not seeking full-time professional employment in business: 18 %
    • Received first job offer:

      • By graduation: 48 %
      • After graduation, but within 3 months: 18 %
      • More than 3 months after graduation : 8 %
      • No job offer reported: 26 %
    • Accepted first job offer:

      • By graduation : 48 %
      • After graduation, but within 3 months: 18 %
      • More than 3 months after graduation: 8 %
      • No job acceptance reported: 26 %
      • Companies recruiting business students on campus: 65
      • Companies posting job offers for business students on school job boards: 545
    • Top employers (number of students hired):

      • Allstate 7
      • Bank of America 8
      • Deloitte 7
      • Enterprise 2
      • First Midwest Bank 4
      • Groupon 2
      • JPMorgan Chase 7
      • KPMG 2
      • Mass Mutual 2
      • Morningstar 2
      • Northern Trust Bank 13
      • PNC Bank 2
      • Pricewaterhouse 2
      • Target 8
      • US Bank 4
    • Compensation

      • Mean base salary: $41,000.00
      • Median base salary : $41,000.00
      • Mean signing bonus: $0.00
      • Median signing bonus: $0.00
      • Mean other guaranteed compensation: $0.00
      • Median other guaranteed compensation: $0.00
    • Most recent graduates accepted jobs in the following functional areas:

      • Consulting: 1 %
      • Finance/Accounting: 46 %
      • General Management: 15 %
      • Human Resources: 3 %
      • Management Information Systems: 5 %
      • Marketing/Sales: 21 %
      • Operations/Production: 5 %
      • Logistics/Transportation: 1 %
      • Other: 3 %
    • Most recent graduates accepted jobs in the following industries:

      • Accounting: 8 %
      • Consumer Products/Retail : 19 %
      • Consulting: 4 %
      • Financial Services: 26 %
      • Government/Education: 4 %
      • Pharma/Biotech/Health: 3 %
      • Manufacturing: 4 %
      • Media/Entertainment: 4 %
      • Petroleum/Energy: 2 %
      • Real Estate: 3 %
      • Sports/Leisure: 4 %
      • Technology/Science: 6 %
      • Non-Profit: 4 %
      • Transportation: 6 %
      • Utilities: 0 %
      • Other: 3 %
    • 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: 0 %
      • Mid-Atlantic: 0 %
      • Midwest: 97 %
      • South: 1 %
      • Southwest: 1 %
      • West: 1 %
      • Possessions and territories: 0 %
      • Career services offered: The College of Business Undergraduate Programs office provides a full range of career services beginning in the freshman year. Students are assigned to an advisor by major who will act as coach and mentor over the next four years. Advisors help students with career path planning, vocational assessment, resume preparation, job and internship search strategies and internship credit.
  • INTERNSHIPS

      • Companies recruiting business students for internships on campus: 52
      • Companies posting internship offers for business students on school job boards: 530
    • Top internship employers (number of students hired):

      • Aflac 2
      • Allstate 2
      • Bank of America 8
      • Brunswick 2
      • Caterpillar 2
      • CBS Media 2
      • Deloitte 6
      • Entertainment Cruises 3
      • Morgan Stanley 2
      • Morningstar 4
      • Northwestern Mutual 3
      • Promet Solutions 2
      • State Farm 2
      • Target 5
      • UBS 13
    • Internship pay

      • Internships that are paid: 75 %
      • Mean compensation, per week, for paid internships only: $560.00
      • Median compensation, per week, for paid internships only: $500.00
      • Average internship length, in weeks: 12
  • B-SCHOOL ALUMNI

      • Total number of undergraduate business program graduates since inception: 23,762
      • Total living alumni of the undergraduate business program: 22,979
      • Percentage of living alumni who contributed to the business program or university in the last academic year: 3 %
    • Alumni gifts

      • Mean Gift: $740.00
      • Median Gift: $50.00
      • 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

      • Raymond Roman Executive Vice President and COO/Leap Wireless
      • Michael Fung Senior Vice President, CFO/ Wal-Mart
      • Stephen Rubinow Executive Vice President and CIO/ New York Stock Exchange and Euronext