Program Basics

• • ROBERT J. TRULASKE, SR. COLLEGE OF BUSINESS
  • Robert J. Trulaske, Sr. College of Business
  • 111 CORNELL HALL
  • UNIVERSITY OF MISSOURI
  • Columbia, Missouri
  • 65211-2600
  • United States
  • Program Web site: http://BUSINESS.MISSOURI.EDU
  • Program e-mail address: BusinessAdvising@missouri.edu
  • Program phone number: 573-882-7073
  • Status: Public (state-operated)
• • AACSB accredited: Yes
• • Year in which the undergraduate business program was founded: 1914
• • Institution: Four Year
• • Business Program: Two Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 26,024
  • Full-time undergraduate business: 1,369
• • College or university freshman retention rate: 85 %

• Undergraduate Business Degrees Offered:

  • BSBA/Bachelor of Science in Business Administration
  • BS Acc,M Acc/combined Bachelor of Science in Accountancy and Masters of Accountancy

PROGRAM COSTS

• • Annual Tuition (Resident): $7,325.00
• • Annual Tuition (Non-Resident): $11,942.00
• • Annual Required Fees: $1,603.00
• • Tuition Per Academic Credit (Resident): $334.00
• • Tuition Per Academic Credit (Non-Resident): $498.00
• • Annual Room and Board: $9,046.00
• • Annual Cost of Books: $1,086.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 32 %
  • International: 68 %

• 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: 15 %
  • Top 25% of high school class: 43 %

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

  • Mean: 25
  • Median: 25

• Middle 50% range of ACT scores:

  • From: 23
  • To: 27

• Citizenship breakdown for newest entering class:

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

• U.S. citizens in newest entering class:

  • African American: 8 %
  • Asian American: 0 %
  • Hispanic or Latino American: 5 %
  • Multiethnic/Multiracial: 3 %
  • Native American: 0 %
  • White (Non-Hispanic): 84 %
  • Chose not to report: 0 %
  • Other: 0 %

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

  • Northeast: 0 %
  • Mid-Atlantic: 0 %
  • South: 1 %
  • Southwest: 3 %
  • Midwest: 95 %
  • West: 1 %
  • Possessions and territories: 0 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • ACT
• • Minimum ACT Score (if applicable) required for admission: 24, 24
  • Interviews are: Not required

• Application deadlines:

  • Fall 2012 5/1/2012
  • Spring 2013 1/1/2013
  • Summer 2013 6/1/2013
• • Additional application requirements: Minimum TOEFL score of 79 required for international students.
• • Total undergraduate applicants, all programs: 17,919
• • Percentage of applicants admitted: 87 %
• • Percentage of admitted applicants who enrolled: 37 %
• • International applicants: 4 %
• • Female applicants: 32 %

• Relative Importance of Application Elements

  • Secondary school record: Very Important
  • Class rank: Very Important
  • Talent/ability: Not Considered
  • Interview: Not Considered
  • Extracurricular activities: Not Considered
  • Volunteer work: Not Considered
  • Character/personal abilities: Not Considered
  • Application essay: Not Considered
  • Work experience: Not Considered
  • SAT/ACT scores: Not Considered
  • Recommendations: Not Considered
  • 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: 3,188
  • Percentage of applicants admitted: 80 %
  • Percentage of admitted applicants who enrolled: 39 %

• Admission requirement for admission to the undergraduate business program

  • Minimum ACT: 24, 24
• • 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: 100 %
  • 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

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Alpha Kappa Psi
  • Delta Sigma Pi
  • Pi Sigma Epsilon
  • Association of Accounting Students
  • Marketing Forum
• • 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:

  • BSBA 120

• Other requirements for the undergraduate business degree

  • GPA requirement of 2.5 in all business courses, must complete comprehensive professional development program, including an internship/practicum.

ACADEMICS

• Average class size:

  • Required business classes: 81
  • Business electives: 32
  • Non-business electives: 36

• Percentage of business classes:

  • With 20 or fewer students: 8 %
  • With 21 to 50 students: 72 %
  • With more than 50 students: 20 %

CURRICULUM

• Electives:

  • Available business electives: 34
• • Total business faculty: 93
  • Percentage of the total faculty that is tenured or tenure track: 47 %

• Most prominent faculty:

  • Allen Bluedorn
  • Jere Francis
  • Steve Ferris

• Business program's leading areas of study:

  • • Accounting
    • Finance
    • Marketing
    • General Management
    • Real Estate
• • Special programs: Professional development requirements include a professional development course, corporate field trips, leadership conference, job shadowing program, mock interviews, alumni resume review, and nearly 200 business executives (including 5 CEOs) serving as guest lecturers last year. Other programs include Cornell Leadership Program for high ability students, Entrepreneurship Alliance, and Vasey Academy for minority student development.
• • Work study: Students are required to complete an internship. In addition, students are able to participate in a job shadowing program in one of three cities. Last year, over 100 students were matched with a corporate mentor and worked with the mentor on site for a day.
• • Study abroad programs: The Trulaske College of Business sponsors programs in Spain, Italy, Ireland, China, and Prague as well as intersession programs during the winter break. These programs are taught in English and utilize both MU faculty and international faculty. In addition, the campus provides opportunities in 76 study abroad locations and 300 affiliate programs.
• • Volunteer opportunities: The Trulaske College of Business has college wide service events and the larger student organizations have community service requirements each semester. In addition, the campus has a service learning office to facilitate service learning courses and internships. As part of the Professional Development Program course, students partner with local non-profits to solve business problems.

• Extra-curricular activities:

  • 24 business student organizations
  • professional development
  • corporate on-site visits
  • field trips to visit Warren Buffett
  • field trips to visit Wall Street
  • Cornell Leadership Program
  • Entrepreneurship Alliance
  • Student Angel Capital Program

FINANCIAL AID

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

• Scholarships

  • Scholarships are awarded to business students based on: a combination of need and merit

• Loans

  • Does the school offer a guaranteed loan to all business students, regardless of nationality?: No

CAREER SERVICES

• Employment Information

  • Percentage of most recent business graduates who supplied information regarding employment: 44 %
  • Percentage seeking full-time professional employment in business: 91 %
  • Percentage not seeking full-time professional employment in business: 9 %

• Accepted first job offer:

  • By graduation : 77 %
  • No job acceptance reported: 23 %
• • Companies recruiting business students on campus: 177
  • Companies posting job offers for business students on school job boards: 265

• Top employers (number of students hired):

  • KPMG 24
  • PWC 19
  • Ernst & Young 13
  • VA Mortgage 9
  • Edward Jones 8
  • Deloitte 8
  • Rubin Brown 6
  • CBIZ & Mayer Hoffman MClann 6
  • Save-A-Lot Food Stores 5
  • GRANT THORNTON 5
  • Target 5
  • BKD 5
  • Enterprise Holdings 5
  • Aldi 4
  • Pepsi 4

• Compensation

  • Mean base salary: $44,530.00
  • Median base salary : $46,500.00
  • Mean signing bonus: $3,462.00
  • Median signing bonus: $4,000.00

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

  • Consulting: 5 %
  • Finance/Accounting: 57 %
  • General Management: 17 %
  • Human Resources: 2 %
  • Marketing/Sales: 13 %
  • Operations/Production: 4 %
  • Other: 2 %

• Most recent graduates accepted jobs in the following industries:

  • Accounting: 25 %
  • Consumer Products/Retail : 19 %
  • Consulting: 5 %
  • Financial Services: 28 %
  • Government/Education: 1 %
  • Pharma/Biotech/Health: 4 %
  • Manufacturing: 2 %
  • Media/Entertainment: 3 %
  • Real Estate: 2 %
  • Technology/Science: 4 %
  • Non-Profit: 1 %
  • Transportation: 2 %
  • Other: 4 %

• Job offers accepted by most recent graduates in North America:

  • US: 100 %

• Percentage of 2009-10 academic year graduates who accepted jobs in regions of US:

  • Northeast: 1 %
  • Midwest: 89 %
  • South: 5 %
  • Southwest: 4 %
  • West: 1 %
• • Career services offered: Three annual careers fairs, including pre-workshops for educating students on what to expect and how to prepare. Mock interview days with corporate recruiters. Workshops for resume writing, exploring careers in emphasis areas, interviewing strategies, cover letter/application tutorial, personal branding, and managing online image. Eight to ten corporate site visits providing students hand on experience in day to day operations.

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 91
  • Companies posting internship offers for business students on school job boards: 136

• Top internship employers (number of students hired):

  • Ernst & Young 34
  • KPMG 28
  • PWC 19
  • Deloitte 8
  • Hallmark 8
  • VA Mortgage 8
  • BKD 8
  • Missouri Employers Mutual Insurance 7
  • Altria 7
  • Grant Thornton 5
  • Boeing 5
  • Anheuser-Busch 4
  • Northwestern Mutual 4
  • Tigers Credit Union 4
  • State Street 3

• Internship pay

  • Internships that are paid: 81 %
  • Mean compensation, per week, for paid internships only: $17.00
  • Median compensation, per week, for paid internships only: $17.00
  • Average internship length, in weeks: 10

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 31,242
  • Total living alumni of the undergraduate business program: 27,727
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 5 %

• Alumni gifts

  • Mean Gift: $1,478.00
  • Median Gift: $100.00
  • 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

  • Alan C. "Ace" Greenberg Vice Chairman Emeritus/Bear, Stearns, and Company, a JP Morgan Company
  • Ralph W. Babb, Jr. Chairman, President, & CEO/Comerica, Inc.
  • Matthew K. Rose Chairman, President, & CEO/Burlington Northern Sante Fee Railway Company

• • -The Trulaske College of Business focuses on producing well-rounded young professionals that will make positive contributions to any organization/employer. I believe all of their students can handle multiple tasks regardless of what particular business emphasis they studied while completing their undergraduate degree.
    
    -I think the general education courses that are taught to all business majors could be improved. There were just way to many students in each lecture and as a result I didn't learn as much as I could have.
    
    -The Professional Development Program is something that is very unique. It helps students prepare for jobs and the outside world. I have not heard of any other school with such a program. I believe the policy of having to complete an internship before you graduate is also a huge plus for the program.
    
    -I wish that we would have had more case studies and applicable, hands-on assignments that help us to prepare for internships after our junior year. I felt like I went into my internship with no idea of what to expect.
    
    -A specific part of our program that's unique is the school's positive relationship and teachings with Warren Buffet. Overall, I don't see much else that gives Mizzou business a strong competitive edge over other schools. Our business program has good opportunities for students, but fewer good students to capitalize on those opportunities than other schools on campus.
    
    -Students need more opportunities to work in teams so they can develop qualities of a leader. Also, the PDP program needs some serious work. The required PDP course was a waste of my time and money. I do not recall learning one piece of information during the entire duration of the semester. Furthermore, it is clear that students are attending PDP events just for points. It is clear there is a problem with the program when even the people speaking during different sessions announce that they know everyone is there just for 10 points. The PDP staff needs to collaborate with the professors in our school. This way, professors can stress to their students how important professional development actually is. I believe students are likely to believe the program has more merit if they are hearing it from professors they trust and respect.
    
    -Mizzou has an excellent accounting program. In addition, the business school is beautiful with classrooms and areas conducive for learning. The advising department is great and has info regarding what classes to take.
    
    -To make the program stronger there needs to be more connection with businesses outside of the classroom. Guest speakers etc. are good however it would be more beneficial to work with local businesses on projects etc.
    
    -We have a very strong group of professors and staff that bring so much experience to the students. Unlike many colleges where you're treated as a number, our faculty is actually interested in building relationships with their students.
    
    -I would like to see more of a variety of on-campus recruiters. It seems to be heavily concentrated in the finance industry as of now.
    
    -The Entrepreneurship Alliance is a new program but one that has by far taught me the most as far as my personal potential. This program focuses on experiences outside the classroom. They connect you to a very strong entrepreneurship community in town and other resources (monetary, experiential, etc.) to be able to start a company while still in college. It is incredibly empowering and eye-opening, even for students who weren't sure entrepreneurship was even an option for them.
    
    -I would have liked to have more guest speakers, from a larger variety of organizations. I also think an all electronic campus would be neat. It is sometimes frustrating that some professors allow laptops, and others do not.
    
    -At first, I was overwhelmed by the Professional Development Program, and the Internship requirement. My internship ended up being one of the best experiences of my life, as I fulfilled the requirement working in Yellowstone. The classes offered through the PDP are beneficial, and useful for real life. I was also required to study abroad as an Intl Business student, which was another extraordinary experience!
    
    -I would like to see more recruiters brought in from investment banking firms. Many Fortune 500 companies are brought in to recruit students; however, there is not much access to big financial and investment banking firms.
    
    -Large school with small class sizes, vast amount of classes under each emphasis, good communication through e-mail and social networking