Program Basics

• • Isenberg School of Management
  • Isenberg School of Management
  • University of Massachusetts - Amherst
  • 121 President's Drive
  • Amherst, Massachusetts
  • 01003
  • United States of America
  • Program Web site: http://www.isenberg.umass.edu
  • Program e-mail address: undergrad@isenberg.umass.edu
  • Program phone number: 4135455610
  • Status: Public (state-operated)
• • AACSB accredited: Yes
• • Year in which the undergraduate business program was founded: 1947
• • Institution: Four Year
• • Business Program: Four Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 18,804
  • Full-time undergraduate business: 2,281
  • Part-time undergraduate business: 0
  • Distance undergraduate business: 75
• • College or university freshman retention rate: 89 %

• 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:

  • BBA
  • BS/Sport Management
  • BS/Hospitality and Tourism Management
  • BS/Resource Economics

PROGRAM COSTS

• • Annual Tuition (Resident): $1,714.00
• • Annual Tuition (Non-Resident): $9,937.00
• • Annual Required Fees: $10,898.00
• • Annual Room and Board: $9,512.00
• • Annual Cost of Books: $1,000.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 41 %
  • International: 3 %

• 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: 27 %
  • Top 25% of high school class: 72 %
  • GPA of 3.75 or higher: 39 %
  • GPA of 3.5 to 3.74: 38 %

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

  • Mean: 1209
  • Median: 1200

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

  • From: 1150
  • To: 1250

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

  • Mean: 26
  • Median: 26

• Middle 50% range of ACT scores:

  • From: 24
  • To: 27

• Citizenship breakdown for newest entering class:

  • US: 97 %
  • Canada: 0 %
  • Other Non-US Citizens: 3 %
  • Dual Citizenship: 0%
  • Unknown Citizenship: 0 %

• U.S. citizens in newest entering class:

  • African American: 1 %
  • Asian American: 5 %
  • Hispanic or Latino American: 2 %
  • Multiethnic/Multiracial: 2 %
  • Native American: 0 %
  • White (Non-Hispanic): 78 %
  • Chose not to report: 12 %
  • Other: 0 %

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

  • Northeast: 97 %
  • Mid-Atlantic: 1 %
  • South: 0 %
  • Southwest: 0 %
  • Midwest: 1 %
  • West: 1 %
  • Possessions and territories: 0 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • SAT or ACT
• • Interviews are: Not offered

• Application deadlines:

  • Fall 2012 Early Accept 11/1/11
  • Fall 2012 Freshmen 1/15/2012
  • Fall 2012 Transfers 4/15/12
  • Spring 2013 Transfers 10/1/12
• • Additional application requirements: International: Demonstrated language proficiency, bank and sponsor statements, I-20.
• • Total undergraduate applicants, all programs: 32,564
• • Percentage of applicants admitted: 66 %
• • Percentage of admitted applicants who enrolled: 22 %
• • International applicants: 4 %
• • Female applicants: 41 %

• Relative Importance of Application Elements

  • Secondary school record: Very Important
  • Class rank: Important
  • Talent/ability: Considered
  • Interview: Not Considered
  • Extracurricular activities: Important
  • Volunteer work: Important
  • Character/personal abilities: Considered
  • Application essay: Important
  • Work experience: Important
  • SAT/ACT scores: Very 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: 4,841
  • Percentage of applicants admitted: 41 %
  • Percentage of admitted applicants who enrolled: 25 %
• • 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 offered

• Freshman admission:

  • Does the business program admit freshmen?: Yes
  • Percentage of business program admits in most recent entering class who were freshman: 70 %
  • 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
  • Additional application requirements for freshman admits: The Isenberg School has a restricted admissions program. Students achieve higher GPA and SAT scores than general University admits.

• Internal transfers:

  • Method for handling internal transfers: Separate application
  • Minimum college GPA for internal transfers to the business program: 3.3
  • Additional application requirements, including course/grade requirements: Must earn a GPA of 3.5 or better in predictor courses - Calculus, Micro and Macro Economics, Statistics.

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • BAP: Beta Alpha Psi
  • Finance Society
  • INFORMS: Institute for Operations Research and the Management Sciences
  • Marketing Club
  • WIB: Women in Business Society
• • 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

• Other requirements for the undergraduate business degree

  • 36 credit hours of University General Education coursework, 33 credit hours of BBA core course requirements, 21 credit hours of Breadth courses, 30 credit hours of Major requirements and additional electives.

ACADEMICS

• Average class size:

  • Required business classes: 47
  • Business electives: 24
  • Non-business electives: 67

• Percentage of business classes:

  • With 20 or fewer students: 33 %
  • With 21 to 50 students: 62 %
  • With more than 50 students: 5 %

• Course enrollment:

  • Percentage of required business courses reaching maximum enrollment by the first day of class: 49 %
  • Percentage of required business courses with waiting lists: 29 %

CURRICULUM

• Electives:

  • Available business electives: 101
  • New electives: New Venture Creation
• • Last curriculum overhaul: 2011
  • Total business faculty: 85
  • Percentage of the total faculty that is tenured or tenure track: 67 %

• Most prominent faculty:

  • Anna Nagurney
  • Steven Floyd
  • Thomas Schneeweis

• Business program's leading areas of study:

  • • Accounting
    • Finance
    • Marketing
    • General Management
    • Operations Management
  • Other leading area of study: Sustainability
• • Special programs: Isenberg Fellows Program (leadership, community service), Real Fund Investment Portfolio, Business Case Competition, Global Business and Culture courses whereby students study the culture and business practices of a country during the semester and then travel to the country, visit companies and experience the culture first-hand, and experiential learning throughout all majors with such activities as marketing campaigns, investment competition and small business consulting.
• • Work study: Students participate in work study positions within various offices within and outside of the Isenberg School, receive paid undergraduate teaching assistantships, and take advantage of many co-op opportunities with companies and organizations through the Chase Career Center.
• • Study abroad programs: The Isenberg School has numerous articulation agreements and affiliations with institutions world-wide for semester and longer study abroad opportunities. The Isenberg School also offers short-term study options for credit-bearing study programs in such countries as Australia, China, England, India, Ireland and Italy.
• • Volunteer opportunities: Certain courses incorporate community service activities in the curriculum. Other programs involve students providing voluntary assistance through various consulting projects for area businesses, or providing other services such as tax preparation. Students in the Isenberg Fellows Program for first-year students design and manage a charity project each spring semester as part of their learning experience.

• Extra-curricular activities:

  • Women in Business Society
  • MInutemen Equity Fund
  • Entrepreurship Club
  • Sustainability Club
  • Investment Club
  • Association for Latino Professionals
  • ULEAD: Undergraduate Leadership Council
  • Isenberg Honors Council

FINANCIAL AID

• • Who manages financial aid for the business program?: Central financial aid office at the university
  • Financial aid web site: http://www.umass.edu/umfa

• Scholarships

  • Scholarship money distributed to business students last year: $12,473,000.00
  • Expected scholarship distribution to business students this year: $13,000,000.00
  • Scholarships are awarded to business students based on: a combination of need and merit
  • Students receiving institutional scholarships in the current academic year: 54 %
  • Students receiving full-tuition institutional scholarships in the current academic year: 45 %
  • Institutional scholarship money distributed to undergraduate business students based on need: 76 %
  • Institutional scholarship money distributed to undergraduate business students based on merit: 24 %

• Loans

  • Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
• • Mean outstanding debt, most recent graduating class: $21,311.00

CAREER SERVICES

• Employment Information

  • Percentage of most recent business graduates who supplied information regarding employment: 70 %
  • Percentage seeking full-time professional employment in business: 91 %
  • Percentage not seeking full-time professional employment in business: 9 %

• Received first job offer:

  • By graduation: 63 %
  • After graduation, but within 3 months: 12 %
  • More than 3 months after graduation : 3 %
  • No job offer reported: 22 %

• Accepted first job offer:

  • By graduation : 52 %
  • After graduation, but within 3 months: 26 %
  • More than 3 months after graduation: 6 %
  • No job acceptance reported: 16 %
• • Companies recruiting business students on campus: 194
  • Companies posting job offers for business students on school job boards: 738

• Top employers (number of students hired):

  • Ernest & Young 31
  • Macy's 14
  • Deloitte 12
  • Enterprise Holdings, Inc. 12
  • KPMG 10
  • Meditech 10
  • General Electric 9
  • Grant Thornton 8
  • Hanover Insurance 7
  • McGladrey 7
  • PWC 7
  • Aerotek 6
  • State Street 6
  • Target 6
  • United Technologies Group 6

• Compensation

  • Mean base salary: $49,702.00
  • Median base salary : $53,000.00
  • Mean signing bonus: $3,077.00
  • Median signing bonus: $2,500.00

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

  • Consulting: 5 %
  • Finance/Accounting: 42 %
  • General Management: 20 %
  • Human Resources: 1 %
  • Management Information Systems: 6 %
  • Marketing/Sales: 17 %
  • Operations/Production: 3 %
  • Logistics/Transportation: 6 %

• Most recent graduates accepted jobs in the following industries:

  • Accounting: 26 %
  • Consumer Products/Retail : 17 %
  • Consulting: 2 %
  • Financial Services: 17 %
  • Government/Education: 3 %
  • Pharma/Biotech/Health: 4 %
  • Manufacturing: 12 %
  • Petroleum/Energy: 1 %
  • Sports/Leisure: 9 %
  • Technology/Science: 7 %
  • Non-Profit: 2 %

• 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: 91 %
  • Mid-Atlantic: 1 %
  • Midwest: 1 %
  • South: 3 %
  • Southwest: 1 %
  • West: 3 %
  • Possessions and territories: 0 %
• • Career services offered: The Chase Career Center provides advising, career planning workshops, career programming with advisors and employers, peer and alumni mentoring programs, job search materials, job and internship employer database, resume review and mock interviews, and special career development programs ("Exploring Careers through Experiential Learning"). The Center annually hosts the Isenberg Career Fair, as well as other major/discipline-specific events.

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 81
  • Companies posting internship offers for business students on school job boards: 1,525

• Top internship employers (number of students hired):

  • Ernst & Young 21
  • PricewaterhouseCoopers 13
  • KPMG 9
  • Target 4
  • Deloitte 8
  • TJX 7
  • Merill Lynch 6
  • EMC 5
  • LIberty Mutual 4
  • MassMutual 4
  • IBM 4
  • United Technologies Corp. 4
  • State Street 3
  • Avery Dennison 3
  • Hanover Insurance 3

• Internship pay

  • Internships that are paid: 63 %
  • Mean compensation, per week, for paid internships only: $622.00
  • Median compensation, per week, for paid internships only: $600.00
  • Average internship length, in weeks: 11

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 34,482
  • Total living alumni of the undergraduate business program: 33,270
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 12 %

• Alumni gifts

  • Mean Gift: $1,181.00
  • 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

  • Eugene M. Isenberg '50 Chairman & Former CEO, Nabors Industries
  • John (Jack) Smith '60 Former Chairman and CEO, General Motors
  • Douglas A. Berthiaume, '71 CEO & President, Waters Corporation

• • -The teachers are constantly there to help. They are pushing every student to get the best job or to go to the best MBA program. You really get the chance to get close with the teachers and learn a lot from them. Everything revolves around the students, even if they have to be doing research as well.
    
    -Get better career services which more efficiently utilizes our alumni association and which is more knowledgeable in the overall business world/ specific industries. By doing this, I would hope to see more diversity in the companies that hire directly from UMass and in the overall opportunities presented to the students.
    
    -Students, faculty, and career services administration at Isenberg all make the extra effort to succeed since we understand how competitive the job market is and opportunities aren't just handed to us. We also have a strong sense of school pride and are often faced with false social stigmas regarding UMass Amherst, which drives us to constantly prove ourselves.
    
    -Take out the "Breadth" requirement for Business majors so I don't have to take random classes and can take more business classes before I graduate. I am limited by the courses I can take because of the extra credits not in the business school I need credits from.
    
    -It is in a central location of the northeast. The Isenberg School of Management has connections in MA, CT, NY and even NJ. It is very diverse and students are very eager to learn.
    
    -I think the desire for the students at this school combined with the curriculum is what gets us jobs. Career services, specifically those who run it, are probably the last reason why we are a successful business school. The passion that the current teaching staff and the alumni association have for our business school is what pushes students to work their hardest. This innate character seen in many of my peers is what sets them apart from their competition in the job world.
    
    -For the cost, UMass offers the best business program in Massachusetts and one of the best in the United States. The teachers are excellent. There are also many opportunities to network and meet representatives from top companies. Also, there is a diverse atmosphere at UMass, which makes the program more unique and a recruiting hotspot.
    
    -Building genuine relationships with alumni rather than pestering them for job placements: Isenberg alumni, on the whole, do not give back to the school. In fact, they avoid it all costs. The Career Center is central to this problem. Also, I believe the standards that professors demand are so low that they instill a culture of mediocrity in the student body. Unfortunately, most students are oblivious to this fact.
    
    -It is a small school within a large university. I have access to all the opportunities of a large campus while still feeling like a matter in the smaller business school. I know most of the people in my graduating major (accounting) and I enjoy feeling a sense of close community. The professors and the students are down to earth and we all have a FRIENDLY competition. I have heard of most other business schools being viciously competitive, which I do not like. Also 90% of the professors here really do care about there students and it shows. The atmosphere at Isenberg is extremely unique.
    
    -I believe a better job could be done in teaching about more international business as well as sustainability in business.
    
    -Nothing is handed to you at Isenberg - you have to own it and seek out the many resources available. Once you do you'll notice endless amounts of information at your side that helps you to compete with other top business schools.
    
    -Isenberg needs to figure out its Core Competency: Babson has entrepreneurship, Bentley has fantastic professors, ISOM has a great accounting funnel but is that what we want to make ourselves known for?
    
    -UMass is a big school so you have to stand out and find a way to stand out. The mix of classroom learning, job placement help, and numerous leadership opportunities makes the Isenberg School of Management program unique. Isenberg also offers international learning trips which are an incredible and unique form of experiential learning. UMass also offers thousands of classes outside the business school so you can get a well-rounded education to enhance your business degree.
    
    -I wish that I was able to take more operations management courses, take more business courses as a freshman/sophomore. More needs to be taught in transitions classes about what is actually going on on campus because I did not learn anything that benefited me. I didn't know operations was a separate major until my junior year.
    
    -It is a very tight knit school; I know most of the people walking around the hallways. The professors are always available to talk to you about school and personal things. Isenberg's strength is in preparing students for a job in public accounting.