Iowa State University

College of Business

145x97
  • Avg. SAT Score
    1060
  • Annual Tuition
    $8,290
    $ $ $ $ $
  • Program Enrollment
    3,177
  • Program Length
    Four Year
Contact Information
1200 Gerdin Business Building
Union Pacific Undergraduate Pr
Ames, Iowa 50011-1350, United States
Website

About College of Business

The College of Business at Iowa State University prepares tomorrow's business leaders by providing students the knowledge and skills needed to succeed in a complex, technology-driven, global society. Students benefit from nationally-recognized faculty and professional staff who are dedicated, approachable, and responsive; creating an unmatched business education experience. The Gerdin Business Building is equipped with state-of-the-art classroom technology, including securities trading, information systems, and market research laboratories, allowing students and faculty to replicate real-world business situations.

Quick Stats

  • Selectivity
    81%
  • Yield
    45%
  • Average Salary
    $43,972
  • Top Industry
    Financial Services
  • School Status
    Public
  • Accreditation
    AACSB Accredited
  • B-School Founded
    1980

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About Iowa State University

Admissions

Admissions Selectivity
81% Iowa State University 58% Average Across All Schools
Most Important Admissions Factors
  1. SAT/ACT scores
  2. High school GPA
  3. Class rank
More Information
Total Applications
  • Applied
  • Accepted
  • Accepted Apps Enrolled
20813% 20,813
81% 81
45% 45
81% School Selectivity
45% School Yield
Demographics of Applicants
  • Male Applicants
  • Female Applicants
  • International Applicants
  • U.S. Applicants
Application Deadlines
Aug 19
Fall 2013
Jan 6
Spring 2014
May 12
Summer 2014
Required Tests
  • ACT or SAT
  • Are Interviews Required? Not required
Additional Requirements:

For international students, minimum TOEFL score of 71 (IBT) or 530 (PBT) with minimum scores of 17 in speaking and writing sections; or minimum IELTS score of 6.0, with no sub score below 5.5; or minimum score of 420 on the Critical Reading Section of the SAT.
Total Applications to Program
  • Applied
  • Accepted
  • Accepted Apps Enrolled
2882% 2,882
67% 67
40% 40
67% Program Selectivity
40% Program Yield
Program Requirements
  • Admissions managed by Business Program
  • Are interviews required? Not required
Required Tests

Transfer Requirements
  • How internal transfers are handled
  • Min college GPA for transfers
  • Other transfer requirements
Freshman Requirements
  • Freshman admissions Yes
  • Percent of admitted applicants who are freshmen 62
  • Min GPA required in pre-business courses Yes
  • How freshmen are admitted Indicate interest on university application
Other Requirements for freshman

Freshman who are admitted to the university and declare business as a major are admitted to the College of Business as pre-business students. They must pass additional requirements before they are admitted to the professional program in business.

Careers

Financial Services 25%
Top Industry
  • Manufacturing 10%
  • Other 6%
  • Consulting 5%
Wells Fargo 33
Top Employer
  • Cerner Corporation 14
  • Nationwide Insurance 9
  • J.B. Hunt Transport, Inc. 9
More Information
Job Offers Received and Accepted
  • This School
  • All Schools
By Graduation
0%
59% 59.267238095238085
51% 51
56% 55.65923664122137
51% Accept Offers
After graduation, but within 3 months
0%
16% 16.189999999999998
0%
17% 17.25698275862069
More than 3 Months after graduation
0%
10% 10.193835616438358
35% 35
13% 12.771399999999998
35% Accept Offers
88% Graduates seeking full-time employment
12% Graduates not seeking employment
92% Percentage of graduates for whom employment information is available
Salaries and Percentages of Job Accepting Graduates
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
2% 2
$42,167.00
29K 55K
Finance/Accounting
32% 32
$42,145.00
21K 65K
General Management
14% 14
$38,647.00
26K 55K
Human Resources
3% 3
$42,150.00
32K 59K
Management Information Systems
13% 13
$49,041.00
33K 91K
Marketing/Sales
18% 18
$38,463.00
12K 56K
Operations/Production
5% 5
$47,083.00
34K 55K
Logistics/Transportation
7% 7
$43,912.00
33K 60K
Other
6% 6
$42,667.00
20K 56K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Accounting
6% 6
$43,466.00
30K 49K
Consumer Products/Retail
14% 14
$43,468.00
25K 56K
Consulting
5% 5
$46,932.00
33K 58K
Financial Services
25% 25
$39,413.00
26K 53K
Government/Education
7% 7
$43,944.00
35K 53K
Pharma/Biotech/Health
5% 5
$45,158.00
20K 58K
Manufacturing
10% 10
$47,014.00
33K 65K
Media/Entertainment
2% 2
$28,520.00
28K 30K
Non-Profit
1% 1
$38,750.00
35K 43K
Petroleum/Energy
0% 0
Data not provided
Real Estate
1% 1
$45,000.00 Data not provided
Sports/Leisure
2% 2
$22,250.00
12K 31K
Technology/Science
5% 5
$39,067.00
21K 56K
Transportation
10% 10
$42,090.00
22K 58K
Utilities
1% 1
$60,000.00 Data not provided
Other
6% 6
$35,613.00
28K 45K
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
U.S. Northeast
1% 1
$60,500.00
56K 65K
U.S. Mid-Atlantic
1% 1
$40,000.00
35K 45K
U.S. South
2% 2
$41,200.00
35K 46K
U.S. Southwest
3% 3
$51,667.00
47K 60K
U.S. Midwest
92% 92
$42,283.00
12K 91K
U.S. West
1% 1
$44,060.00
34K 51K
U.S. Possessions/Territories
0% 0
Data not provided
Canada
0% 0
Data not provided
Salaries for Most Recent Graduates
Salaries for Most Recent Graduates
Internship Employers / Interns Hired
  • Kingland Systems Corp. 120
  • Principal Financial Group 36
  • Transamerica 25
  • Iowa State University 25
  • Northwestern Mutual Financial Network 19
Internship Services
  • Companies that recruit interns on campus
  • Companies that posted internships on school message board
  • Average intern length in weeks 12
  • Percentage of internships that are paid 94
Career Services
  • Number of companies that recruited students on campus 265
  • Number of companies that posted full-time jobs on school message boards 775
Other activities and career services provided to undergraduate business students:
Individual career advising, career related books and job search guides, computerized business career guidance tools, web-based recruiting system, intern/co-op search assistance, interviewing facility, fall and spring career fairs, employer information sessions, recruiting system student training, comprehensive website, Alumni Career Partners Networking Group, job shadowing or opportunities for informational interviews, career related presentations, and mock interviews.

Cost

Resident
$ $ $ $ $
$18,172
Total Yearly Cost
  • Tuition $8,290
  • Fees $1,118
  • Expenses $8,764
Non-Resident
$ $ $ $ $
$30,246
Total Yearly Cost
  • Tuition $20,364
  • Fees $1,118
  • Expenses $8,764
50% Percent of Institutional Grants or Scholarships 4% Percent of Full-tuition Institutional Grants or Scholarships
Basis for Grants or Scholarships
  • Need 42%
  • Merit 58%
More Information
Financial Aid
  • Financial Aid Management No
  • Website http://www.financialaid.iastate.edu/
Scholarships
$7,041,382
Total aid distributed to undergrad business students last year
$7,811,174
Total aid distributed to undergrad business students this year
Loans
  • Loan Guarantee Policy No
  • Max Loan Guarantee Per Year

Academics

Average Class Size
  • College of Business
  • All Schools
Core Business Classes
76% 70
50% 46
Elective Business Classes
59% 34
50% 29
Required Classes with a Waiting List
College of Business 12 Average Across All Schools
* On the First Day of Enrollment
Top Areas of Study
  • Accounting
  • Finance
  • Management Information Systems
  • Marketing
  • Supply Chain Management
More Information
Business Program Classes
8% Less than 20 Students 29% More than 50 Students
63% 21 to 50 students
34 Average number of students in non-business required electives
New Electives
  • Program length Four Year
  • Last change to curriculum 1995
Degrees Offered / Credits Required
  • BS in Business, with majors in Accounting, Business Economics, Finance, Management, Management Information Systems, Marketing, Supply Chain Management 122
Faculty
  • All Faculty
  • Tenured
100% 100
76% 76
Prominent Faculty
  • Michael Crum

    Supply Chain Management

  • Paula Morrow

    Management

  • Dermot Hayes

    Finance
  • Are work study or co-ops available? Yes
  • Description of work study / co-ops:

    Work study throughput the university within departmental offices, co-ops through Career Services Office.

  • Is study abroad available? Yes
  • Description of study abroad programs:

    College sponsored programs, Regents' programs, university programs; 1 month to 1 year in length.
  • Is community service or volunteering available? Yes
  • Description of community service/volunteering:

    Community service activities through the Gerdin Citizenship Program; student club service activities, extracurricular activities

Students

18% Students in Top 10% of High School Class 16% Students with High School GPA over 3.75
1130 75th Percentile Score on SAT 26 75th Percentile Score on ACT
Student Body Breakdown
  • International Students
  • U.S. Students
  • Male Students
  • Female Students
Ethnicity of Students
White
83% 83
Not Reported
5% 5
Asian American
4% 4
* Percentages are for U.S. citizens in most recent entering class; only top three responses shown.
More Information
U.S. Regional Breakdown
1%
96%
1%
2%
0%
0%
Student Citizenship
U.S.
86% 86
Other Non-U.S. Citizenship
14% 14
20 Average age of full-time students
86% Freshman retention rate
Graduation Rate
  • 4 Years
  • 6 Years
0%
0%

Alumni

Alumni Donors
Total Living Alumni 27,925
Alumni Donations
$1,430 Average Gift $399,362 Largest Gift
Most Prominent Alumni
  • David Raisbeck

    Retired Vice Chairman of Cargill

  • Ric Jurgens

    Retired Chairman & CEO, HyVee

  • Fred Hoiberg

    Head Coach, Men's Basketball, Iowa State University