UNDERGRADUATE Profiles Publish Date 2/26/09

College of New Jersey

School of Business

Getting In

PROGRAM BASICS

School of Business

The College of New Jersey
P.O. Box 7718
Ewing , New Jersey 08628

Public Institution

Web site

http://www.tcnj.edu/~business/

Program e-mail address:

business@tcnj.edu

Program telephone number:

(609) 771-3064

AACSB accredited:

Yes

Year in which the undergraduate business program was founded:

1981

Length of entire institution:

Four Year

Business program length:

Four Year

Degrees offered:

Degree/Program Name:
BS/Accounting
BA/Economics
BS/Economics
BS/Business Administration

PROGRAM COSTS

Annual Tuition (Resident):

$ 12,308

Annual Tuition (Non-Resident)

$ 20,415

Cost per academic credit (resident)

$ 309

Cost per academic credit (non-resident)

$ 595

Required fees

$ 153

Room and board:

$ 9,612

ENROLLMENT

Full-time undergraduate business student enrollment:

1,079

Part-time undergraduate business student enrollment:

Distance undergraduate business student enrollment:

Total College enrollment for 2008-09:

6,999

ADMISSIONS

Interviews for entire college:

Not offered

Additional application requirements for entire college:

TOEFL is required if English is not your native language. A WASC Transcript is required if you are an applicant from West Africa.

Upcoming application deadlines for entire college:

Semester: Fall 2009
Deadline: February 15th
Semester: Spring 2010
Deadline: November 1st

Freshmen admitted into business program:

Yes

Percentage of business students admitted as freshmen:

84 %

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:

Not offered

Additional application requirements for freshman admits:

N/A

Additional requirements for internal transfers:

N/A

Total number of full-time applications for entire college:

9,692

International applicants, entire college, 2008-09:

1 %

Female applicants, entire college, 2008-09:

59 %

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

42 %

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

32 %

Relative Importance of Application Elements:

Secondary School Record:

Very Important

Class Rank:

Very Important

Talent/Ability:

Very Important

Interview:

Not Considered

Extracurricular Activities:

Important

Volunteer Work:

Important

Character/Personal Abilities:

Important

Application Essay:

Important

Work Experience:

Considered

SAT/ACT Scores:

Very Important

Recommendations:

Important

High School GPA:

Very Important

Admissions program managed by:

The university admissions office

Total undergraduate business program applicants, 2008-09:

2,092

Applicants enrolled in undergrad business program 2008-2009:

36 %

Applicants admitted to undergraduate business program, 2008-09:

37 %

CLASS PROFILE

Class Profile:

Female: 47 %
International : .4 %

Entering students by age:

Mean: 18
Median: 18

Citizenship of Entering Students

U.S.: 99 %
Other countries: .4 %

Percentage of US citizens in entering class who are:

African American: 8.4 %
Asian American: 6.7 %
Hispanic or Latino American: 14 %
Multiethnic/Multiracial : 0 %
Native American: 0 %
White (Non-Hispanic): 57 %
Chose not to report: 14 %
Other: 0 %

Entering students from the following region:

Northeast: 97 %
Mid-Atlantic: 3 %
South: .4 %

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

Mean: 1230
Median: 1250

SAT middle 50% range on 1600 scale:

From: 1,140
To: 1,333

Mean: N/A Median: N/A

From: N/A To: N/A

Percent of Students Who Were In:

Top 10% of high school class

62 %

Top 25% of high school class:

88 %

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:

$ 1,782,516

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

$ 1,967,229

Scholarships awarded to students in the business program based on:

Academic merit

Scholarship consideration process:

Unique scholarship application

Other scholarship considerations:

n/a

Students receiving institutional scholarships for 2008-09 academic year:

32 %

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

18 %

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

http://www.tcnj.edu/~sfs/aid/

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

74 %

Business students who graduate within 6 years:

87 %

Freshman retention rate:

95 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:

Degree: BS
Hours: 128
Degree: BA
Hours: 128
Degree: BS
Hours: 136

Other degree requirements:

Completion of Business Professions Program

ACADEMICS

Average class size in required business courses:

Average class size in business electives:

Class size:

Classes with fewer than 20 students: 15 %
Classes with 21 to 50 students: 85 %

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

84 %

CURRICULUM

Number of elective courses available in business program:

Electives added current year:

MGT 215 Introduction to Leadership

Year of the last major change to the business program's core curriculum:

2004

Leading areas of study:

Accounting

Finance

General Management

International Business

Marketing

Special programs for business students:

Business Professions Program

Business program offers work study or co-op opportunities:

Yes

Various work study opportunities are available through on campus departments and with corporate sponsors.

Business program offers study abroad opportunities:

Yes

Study abroad program description:

TCNJ offers many different opportunities for students to study internationally. In addition to utilizing consortia such as NJSCIS, ISA, and CIEE, TCNJ students have the opportunity to study abroad at an institution with which TCNJ has an individual relationship.

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

Students satisfy their "community engaged learning" requirement by participating in specific service-learning seminar classes that are offered in the Fall semester, or in one of the many issue-based Community-Engaged Learning Days that are scheduled throughout the year. On these days, students gather with others from their residential floor to learn and serve together—as well as to reflect on their experiences and find out how they can sustain their involvement. Students are encouraged to continue their volunteer work at one of the 15 Bonner Center partner-sites.

Business clubs and extracurricular activities:

Beta Alpha Psi
Delta Sigma Pi
Entrepreneur Club
Financial Mgmt Assoc & Honor Society
Institute of Management Accountants Student Chapter
National Assoc of Black Accountants
Phi Beta Lambda
Collegiate Chamber of Commerce

FACULTY

Faculty:

Full-time faculty : 35
Adjuncts and visiting faculty: 26
Permanent/tenured professors: 35
Percentage of permanent/tenured professors who are women: 49
Percentage of permanent/tenured professors who are underrepresented minorities: 6
Percentage of permanent/tenured professors who are also members of company boards of directors or of advisors: 11
Percentage of permanent/tenured professors who are business owners: 17

Prominent faculty:

H Buddy Mayo
Hossein Nouri
Donald Vandegrift

STUDENT LIFE

Largest on-campus organizations for business students:

Institute of Mgmt Accountants Student Chapter
Delta Sigma Pi
Beta Alpha Psi
Beta Gamma Sigma
Collegiate Chamber of Commerce

Freshmen are required to live on campus:

Business students are grouped in learning communities:

TECHNOLOGY

Wireless network available:

Yes

Technological improvements made in the last three years:

TCNJ has implemented the latest web content management solutions including: iTunes U for audio, Drupal Web sites for organizations and publications, and ELGG for social networking. TCNJ develops numerous custom applications to improve web-based services – users can create web forms, event calendars, announcements, press releases, syndicate news, and syndicate podcasts. Novell NetStorage allows users remote access to files stored on the campus server. The Student Center and all academic buildings have wireless “hotspots”; all classrooms in the School of Business, and the majority across campus, have multimedia equipment. TCNJ’s Media & Technology Support Services has video-conferencing capability. We recently implemented text messaging alerts for emergency notifications to augment our current notification plan. Most recently, upgraded flat-screen monitors were installed in Business labs for improved learning environments.

Trading laboratory available:

Yes

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

7,853

Total living alumni:

7,288

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

8 %

Mean alumni gift 2007-08:

$ 153

Median alumni gift, 2007-08:

$ 50

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

Prominent alumni:

Name: Mark Iorio
Title: CEO / theMegaGroup
Name: Rebecca Machinga
Title: Partner / Withum, Smith + Brown
Name: Darren Baer
Title: First Vice President / Mellon Financial Corporation

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

86 %

Seeking full-time employment in business: 90 %
Not Seeking full-time employment in business: 10 %

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:

290

Other activities and services provided for business majors:

Fall Career & Internship Day, Spring Business & Industry Fair, Dining Out In Professional Style (Business Etiquette Program), Senior Survey Results, Job Search & Career Exploration Workshops, Mock Interviews, Recruitment Interview Evaluation Reviews, On Campus Recruitment Program, Resume Critique Service

Job offer results, 2008 graduates:

Received first job offer by graduation: 64 %
Received first job offer in three months following graduation: 5 %
Received first job offer more than 3 months after graduation: 0 %
Did not report having received a job offer: 31 %
Accepted first job offer by graduation: 54 %
Accepted first job offer in three months following graduation: 5 %
Accepted first job offer more than 3 months after graduation: 0 %
Did not report having accepted a job offer: 41 %

Top hiring firms:

Ernst & Young
Deloitte Touche Tomatsu
KPMG LLP
Merrill Lynch
PricewaterhouseCoopers
Johnson & Johnson
Goldman Sachs Group
Morgan Stanley

Amper, Politzner, and Mattia
Prudential Financial
Ameriprise Financial
Management Planning Inc.
PSE&G
State Street Corp
Withum, Smith & Brown

Graduate compensation:

Mean base salary: $ 48,881
Median base salary: $ 52,000
Mean signing bonus: $ 4,817
Median signing bonus: $ 4,000

Grads accepted jobs in following functional areas:

Consulting: 1 %
Finance/Accounting: 73 %
General Management: 5 %
Human Resources: 4 %
Management Information Systems: 0 %
Marketing/Sales: 7 %
Operations/Production: 5 %
Logistics/Transportation: 1 %
Other: 4 %

Grads accepted jobs in following industries:

Accounting: 39 %
Consumer Products/Retail: 7 %
Consulting Services: 3 %
Financial Services: 26 %
Government/Education: 1 %
Pharma/Biotech/Health: 6 %
Manufacturing: 1 %
Media/Entertainment: 3 %
Sports/Leisure: 1 %
Technology/Science: 2 %
Transportation: 3 %
Utilities: 4 %
Other: 4 %

Percentage of job acceptances, US and Canada:

US: 100 %

Grads accepted jobs in the following US regions:

Northeast: 93 %
Mid-Atlantic: 3 %
Midwest: 3 %
South: 1 %

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

Internship postings on job boards, previous academic year:

163

Top internship recruiters, 2007-08:

Johnson & Johnson
Merrill Lynch
Deloitte Touche Tomatsu
Ernst & Young
PricewaterhouseCoopers
KPMG LLP
L'Oreal

Amper, Politzner & Mattia
Withum, Smith + Brown
J&J Consumers
Bloomberg
Toys R Us
JHCohn
Enterprise
Mercadien

Average internship, in weeks:

Graduate Comments

What makes The College of New Jersey School of Business so unique is the amount of individualized attention each student is able to receive at such a reasonable price and from such distinguished faculty. Speaking with friends from other Business schools, I have come to realize that I been offered a unique family-like experience at TCNJ School of Business, with no boundaries between faculty, staff and students. Often students can be found gathering in professor�s offices after class engaging in discussions about the latest financial market news, industry trends, or just life in general. Faculty at our business school are also noticeably engaged in preparing students for success upon graduation. Faculty are frequently found discussing career paths and goals with students, sending out emails about job openings, and establishing contacts between our students and business professionals from Wall Street to Main Street. The overall culture established at the TCNJ School of Business is truly special and aides in the school�s achievement of its core objective; giving students the knowledge and skills they need to be successful in a business setting. I truly treasure my four years at TCNJ School of Business and believe the school is a real hidden gem for students looking for an outstanding undergraduate business school experience.

TCNJ's Business Program is for those who have the motivation to get what they want out of it. Professors do not hold your hand and Career Services does not write your resume or letters for you. TCNJ provides the resources to help individuals develop their own skills. You get out of the program what you are willing to put into it. I, personally, think that I have an advantage in job interviews because of TCNJ's reputation. The rest was up to me, and TCNJ prepared me for that. ... In sum, the Business Program is challenging and diverse enough to shine the light on many a career path.

This business program offers highly talented faculty for undergraduate-level instruction. It would be difficult to find similarly qualified staff in any other purely undergraduate business school.

I have never had a class that was taught by a TA in my entire career at TCNJ. The professors are ALWAYS accessible and always have their doors open when in their offices, inviting you to walk in. Even when desired classes fill up, department chairs are more than willing to help you squeeze into full classes to achieve your academic goals.

Relatively small class sizes, professors who all have PhDs and experience in their chosen field, internship and job opportunities, and introductions to business professionals are all reasons why TCNJ's business program is so unique. We have career fairs and networking nights with many local companies, as well as resume writing, interviewing, and dining out workshops. Also, TCNJ can pride itself on its graduate courses at the undergraduate level.

With TCNJ's location, I was able to go to school and intern full-time. Many large companies are in the Princeton area or around campus. I interned with Johnson & Johnson and Merrill Lynch while attending school. Also, it's easy to get into New York for interviews, etc. I think that our career services department does an excellent job preparing students for interviews and jobs.

The accounting program is intensive. Accounting majors have multiple real-world case experience and group projects in every class. Teaches time management and mental focus.

The professors have extreme confidence in their students' abilities. Having such confidence translates to very challenging course loads.

TCNJ is a great school. The School of Business is becoming more distinguished and offers a great curriculum. My only complaint would be the lack of advising services. I suggest there be faculty or employees that specialize in TCNJ requirements and can actually provide valuable advice to students rather than making a professor an advisor.

TCNJ's School of Business is a unique combination of small classes that enhance communication in the classroom. There are great professors who go above and beyond to make sure that you know the material and who are available outside of class to discuss job interviews, look over resumes, or just have a conversation. We are in a great location, Princeton, Trenton, Philadelphia, and New York are all within an hour so there are many opportunities for jobs and internships. There are many networking opportunities � Dining Out Professional Style (etiquette program with professionals), Career Day, Networking Nights at local restaurants. And there�s the Business Student Advisory Board � a representative from every business club on campus meets biweekly with the dean and faculty from the school to discuss how the school can be improved. They really consider student feedback

Career Services is very poor. Not many huge firms or banks at all. Mostly microwave makers and Toys �R� Us. not exactly what I pictured applying to once I graduate from college. Needs some work on making contacts.

The Student to Teacher ratio is excellent. More personal relationships are developed because of fewer students, which leads to positive interactions both between students and teachers as well as amongst students.

Other than accounting, the classes in the School of Business are average, nothing above and beyond. The accounting program is well structured and prepares and matures students for real world.