UNDERGRADUATE Profiles Publish Date 2/26/09

Iona College

Hagan School of Business

Getting In

PROGRAM BASICS

Hagan School of Business

715 North Ave
New Rochelle , New York 10801

Private Institution

Web site

www.iona.edu/hagan/

Program e-mail address:

Hagan@iona.edu

Program telephone number:

(914) 633-2256

AACSB accredited:

Yes

Year in which the undergraduate business program was founded:

1947

Length of entire institution:

Four Year

Business program length:

Four Year

Degrees offered:

Degree/Program Name:
BBA

PROGRAM COSTS

Annual Tuition (Resident):

$ 24,406

Annual Tuition (Non-Resident)

$ 24,406

Cost per academic credit (resident)

$ 810

Cost per academic credit (non-resident)

$ 810

Required fees

$ 1,800

Books:

$ 1,500

Room and board:

$ 10,800

ENROLLMENT

Full-time undergraduate business student enrollment:

1,258

Part-time undergraduate business student enrollment:

Total College enrollment for 2008-09:

3,460

ADMISSIONS

Interviews for entire college:

Recommended

Additional application requirements for entire college:

80 on the internet version 213 on the computer version 550 on the written version

Upcoming application deadlines for entire college:

Semester: Fall 2009
Deadline: 2/15
Semester: Spring 2010
Deadline: 12/15

Freshmen admitted into business program:

Yes

Percentage of business students admitted as freshmen:

37 %

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

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:

N/A

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:

6,009

International applicants, entire college, 2008-09:

2 %

Female applicants, entire college, 2008-09:

56 %

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

59 %

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

26 %

Relative Importance of Application Elements:

Secondary School Record:

Very Important

Class Rank:

Important

Talent/Ability:

Considered

Interview:

Important

Extracurricular Activities:

Considered

Volunteer Work:

Considered

Character/Personal Abilities:

Important

Application Essay:

Important

Work Experience:

Considered

SAT/ACT Scores:

Important

Recommendations:

Considered

High School GPA:

Very Important

Admissions program managed by:

The university admissions office

Total undergraduate business program applicants, 2008-09:

2,063

Applicants enrolled in undergrad business program 2008-2009:

29 %

Applicants admitted to undergraduate business program, 2008-09:

58 %

CLASS PROFILE

Class Profile:

Female: 37 %
International : 1 %

Entering students by age:

Mean: 18
Median: 18

Citizenship of Entering Students

U.S.: 99 %
Other countries: 1 %

Percentage of US citizens in entering class who are:

African American: 5 %
Asian American: 1 %
Hispanic or Latino American: 11 %
White (Non-Hispanic): 68 %
Chose not to report: 15 %

Entering students from the following region:

Northeast: 95 %
Mid-Atlantic: 2 %
South: 1 %
Midwest : 1 %
West: 1 %

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

Mean: 1097

SAT middle 50% range on 1600 scale:

From: 1,090
To: 1,300

Mean: N/A Median: N/A

From: N/A To: N/A

Percent of Students Who Were In:

Top 10% of high school class

31 %

Top 25% of high school class:

54 %

HS GPA of 3.75 or higher

5 %

HS GPA of 3.5 to 3.74:

15 %

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:

$ 8,193,622

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

$ 9,102,346

Scholarships awarded to students in the business program based on:

Academic merit

Scholarship consideration process:

As part of the admissions application

Other scholarship considerations:

N/A

Students receiving institutional scholarships for 2008-09 academic year:

85 %

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

1 %

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

www.iona.edu/sfs

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

46 %

Business students who graduate within 6 years:

63 %

Freshman retention rate:

87 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:

Degree: BBA
Hours: 126

Other degree requirements:

2.0 GPA in major 2.0 GPA overall Sixty three of the one hundred and twenty six credits must be in Liberals Arts

ACADEMICS

Average class size in required business courses:

24.9

Average class size in business electives:

19.8

Class size:

Classes with fewer than 20 students: 36 %
Classes with 21 to 50 students: 63 %
Classes with more than 50 students: 0 %

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

10 %

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

3 %

CURRICULUM

Number of elective courses available in business program:

Electives added current year:

Sports Finance
Risk Analysis and Decision Technology
Information Systems in Sports and Gaming

Leading areas of study:

Accounting

Finance

General Management

Management Information Systems

Marketing

International Business

Special programs for business students:

The Hagan School of Business offers a minor in Sports and Entertainment Business,Study Abroad program,Honors program and Jumb Start your MBA Program. In the summer the school offers Institutes in Financial Markets and Sports and Entertainment Studies

Business program offers work study or co-op opportunities:

Business program offers study abroad opportunities:

Yes

Study abroad program description:

Iona College offers summer programs in France, England, Spain, and Italy. Full-time students may enroll for a semester-long program in Dublin, Ireland at the Marion Institute of Education or in Fremantle, Australia at the University of Notre Dame-Australia..

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

Iona College sponsors a variety of volunteer and community service opportunities through extra curricular activities. Iona also offers semester-long courses that foster a service learning pedagogy.

Business clubs and extracurricular activities:

Accounting Club
Advertising Club
Finance Club
IS Club
Marketing Club
Economics Club
International Club

FACULTY

Faculty:

Full-time faculty : 46
Adjuncts and visiting faculty: 46
Permanent/tenured professors: 37
Percentage of permanent/tenured professors who are women: 22
Percentage of permanent/tenured professors who are underrepresented minorities: 5
Percentage of permanent/tenured professors who are business owners: 10

Prominent faculty:

Dr Kurt Engemann
Dr Ronald Yager
Dr Theodore Schwartz

STUDENT LIFE

Largest on-campus organizations for business students:

Marketing Club
Finance Club
Accounting Club
Managemnt Club

Freshmen are required to live on campus:

TECHNOLOGY

Wireless network available:

Yes

Technological improvements made in the last three years:

Updated computer facilities including new furniture,lighting and workstations; installed wireless network throughout campus;created multiple technology classrooms; upgraded faculty and administrative workstations; provided online registration and payment; purchased software including SPSS, upgraded blackboard, Compustat, Adobe Acrobat, Decision Tools Suite, Turnitin.com,SAS,JMPin 5.1,Statistical software.

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

12,971

Total living alumni:

12,628

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

20 %

Median alumni gift, 2007-08:

$ 3,224

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

Prominent alumni:

Name: Alfred Kelly
Title: President of American Express
Name: Anthony M Di Iorio
Title: CFO Deutsche Bank
Name: Robert Greifeld
Title: President, NASDAQ

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

18 %

Seeking full-time employment in business: 88 %
Not Seeking full-time employment in business: 12 %

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:

421

Other activities and services provided for business majors:

On-campus recruitment, Resume referral, Annual career & Internship Expo, Resume and Cover letter preparation, Mock Interview, Mentoring and Networking Events.

Job offer results, 2008 graduates:

Received first job offer by graduation: 44 %
Received first job offer in three months following graduation: 13 %
Received first job offer more than 3 months after graduation: 4 %
Did not report having received a job offer: 17 %
Accepted first job offer by graduation: na %
Accepted first job offer in three months following graduation: na %
Accepted first job offer more than 3 months after graduation: na %
Did not report having accepted a job offer: na %

Top hiring firms:

Deloitte Touche Tomatsu
Ernst & Young
Merrill Lynch
Morgan Stanley
International Bus. Machines

Anchin, Block, and Anchin
Enterprise Rent a Car
AXA Advisors
MTV Networks
Cintas Corp
Toys-R-Us
Northwestern Mutual Financial Networks
Garnet Capital
PKF Certified Public Accountants
Smith Barney

Graduate compensation:

Mean base salary: $ 44
Median base salary: $ 44

Grads accepted jobs in following functional areas:

Consulting: 3 %
Finance/Accounting: 39 %
General Management: 21 %
Marketing/Sales: 4 %
Operations/Production: 4 %
Other: 29 %

Grads accepted jobs in following industries:

Accounting: 11 %
Consumer Products/Retail: 21 %
Financial Services: 21 %
Government/Education: 14 %
Media/Entertainment: 11 %
Sports/Leisure: 4 %
Technology/Science: 4 %
Non-Profit: 4 %
Other: 10 %

Percentage of job acceptances, US and Canada:

US: 100 %

Grads accepted jobs in the following US regions:

Northeast: 64 %

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

Internship postings on job boards, previous academic year:

135

Top internship recruiters, 2007-08:

Citigroup Inc.
Deloitte Touche Tomatsu
Ernst & Young
KPMG LLP
Merrill Lynch
Morgan Stanley
PricewaterhouseCoopers
UBS Investment Bank

Glaxo Smith Kline
NYC Dept of Finance
Pernod Ricard
Enterprise Rent A Car
Keltic Financial
Northwestern Mutual Financial Networks
MSCO Markweting Consultants
Fox News Channel
WABC TV
Royal Bank of Canada
WEBMD

Average internship, in weeks:

Graduate Comments

We are very close to the city, which makes networking strong.

It is a unique program in that although it is a small campus, the quality of education you get is just as good as if you would have gone somewhere much larger.

The small classroom settings allow teachers to pay individual attention to each student, and also promote the students to know one another.

The school is located right outside of New York City, and the alumni are still very supportive and active in the business program.

I don't think [the program] is unique. I think they teach the necessary classes to be accredited and reach the minimum requirements in nearly every aspect from teachers to students.

Its small size of classes makes it easy for professors to teach and easier to learn. Classes are also fun, and professors are willing to help.

I feel that the size of the school plays a big role in making the school's business program unique. Since the total population of the school is relatively small (around 3,500 undergrad), the classroom size is very small. I feel that this is a positive for any school because it allows professors to connect with students. It makes it easier for students to approach a professor. It gives students the assurance that when asking professors questions, they can match a name to a face. This allows students and teachers to connect on a more personal level. Since the classroom is small, professors have the opportunity to work with students on their individual needs. It allows students to get extra help if they are struggling. The business program also has an attendance policy. I feel that this is a great policy because it gets students in the classroom and more involved in the work. Students should not be rewarded if they do not attend class.

Classes are taught strictly by professors and not graduate assistants. Most professors have a great deal of experience in the field they teach.

The class sizes are small, especially once you are in upper-level classes, which makes learning more personal. Also, many of the professors have been in the business world before, or still are, and they provide real world examples and experiences.

I feel that my experience in the program was a positive one was because of all the professors I have encountered during my tenure there. I felt that each one taught me valuable information that I can apply in the business environment. I am thankful that I was given the opportunity to be taught by such a group of professors.

I was a transfer student and by the end of my first year, I felt like I was right on track. The small classroom settings allowed me to meet people quickly and now I know most of the people who are in my same major plus many other business majors. This school helped me grow as a person, and I feel more prepared now to take on the world as a business person.

The Hagan School of Business has some great professors. Many of them have helped me develop into a better student academically and professionally. I find the accounting program, which I am a part of, is poor. Many of the professors are hard to reach, not understanding, and insulting. Many of the accounting professors are involved with other activities outside the college and seem to have little interest in their students. This is a large majority of the accounting professors, with the exception of a few. Furthermore, they offer limited amounts of accounting classes, thus it is difficult to make a balanced schedule.