Program Basics

• • College of Business Administration Undergraduate Programs
  • Graduate School of Business Administration
  • Northeastern University - 273 DG
  • 360 Huntington Ave.
  • Boston, Massachusetts
  • 02115
  • United States
  • Program Web site: http://www.cba.neu.edu
  • Program e-mail address: ugbs@neu.edu
  • Program phone number: 617-373-3270
  • Status: Private
• • AACSB accredited: Yes
• • Year in which the undergraduate business program was founded: 1922
• • Institution: Four Year
• • Business Program: Four Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 16,285
  • Full-time undergraduate business: 3,232
• • College or university freshman retention rate: 95 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 80 %
  • Within six years of admission to the university: 81 %

• Undergraduate Business Degrees Offered:

  • BS in Business Administration (BSBA)
  • BS in International Business (BSIB)

PROGRAM COSTS

• • Annual Tuition (Resident): $37,840.00
• • Annual Tuition (Non-Resident): $37,840.00
• • Annual Required Fees: $412.00
• • Tuition Per Academic Credit (Resident): $1,183.00
• • Tuition Per Academic Credit (Non-Resident): $1,183.00
• • Annual Room and Board: $12,760.00
• • Annual Cost of Books: $1,000.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 40 %
  • International: 33 %

• 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: 41 %
  • Top 25% of high school class: 79 %

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

  • Mean: 1329
  • Median: 1340

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

  • From: 1290
  • To: 1380

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

  • Mean: 29
  • Median: 29

• Middle 50% range of ACT scores:

  • From: 28
  • To: 30

• Citizenship breakdown for newest entering class:

  • US: 67 %
  • Canada: 1 %
  • Other Non-US Citizens: 32 %

• U.S. citizens in newest entering class:

  • African American: 2 %
  • Asian American: 16 %
  • Hispanic or Latino American: 7 %
  • Multiethnic/Multiracial: 4 %
  • White (Non-Hispanic): 59 %
  • Chose not to report: 12 %

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

  • Northeast: 72 %
  • Mid-Atlantic: 9 %
  • South: 5 %
  • Southwest: 3 %
  • Midwest: 4 %
  • West: 6 %
  • Possessions and territories: 1 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • SAT or ACT
• • Interviews are: Not required

• Application deadlines:

  • Fall 2012 01-15-2012
  • Spring 2013 11/1/2012
  • Fall 2013 01-15-2013
• • Additional application requirements: TOEFL, IELTS, or APIEL is required for students whose native language is not English and who score below 550 on the verbal SAT
• • Total undergraduate applicants, all programs: 43,255
• • Percentage of applicants admitted: 35 %
• • Percentage of admitted applicants who enrolled: 21 %
• • International applicants: 10 %
• • Female applicants: 40 %

• Relative Importance of Application Elements

  • Secondary school record: Very Important
  • Class rank: Considered
  • Talent/ability: Important
  • Interview: Considered
  • Extracurricular activities: Important
  • Volunteer work: Important
  • Character/personal abilities: Important
  • Application essay: Very Important
  • Work experience: Important
  • SAT/ACT scores: Very Important
  • Recommendations: Very 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: 7,612
  • Percentage of applicants admitted: 35 %
  • Percentage of admitted applicants who enrolled: 20 %
• • 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
  • 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

• Internal transfers:

  • Minimum college GPA for internal transfers to the business program: 2.8
  • Additional application requirements, including course/grade requirements: 2.8 overall and C or better in any business and business-related courses. Upperclass students must apply prior to the junior year.

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Finance and Investments Club
  • Entrepreneurs Club
  • Beta Alpha Psi
  • Marketing Club
  • International Business Club
• • 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 128
  • BSIB 128

• Other requirements for the undergraduate business degree

  • 72 semester hours in business, at least one concentration, 2.0 GPA overall and in business

ACADEMICS

• Average class size:

  • Required business classes: 31
  • Business electives: 30

• Percentage of business classes:

  • With 20 or fewer students: 27 %
  • With 21 to 50 students: 73 %
  • With more than 50 students: 0 %

• Course enrollment:

  • Percentage of required business courses reaching maximum enrollment by the first day of class: 2 %

CURRICULUM

• Electives:

  • Available business electives: 58
  • New electives: Managing Healthcare Organizations
• • Last curriculum overhaul: 2011
  • Total business faculty: 189
  • Percentage of the total faculty that is tenured or tenure track: 70 %

• Most prominent faculty:

  • Ravi Ramamurti
  • Kim Eddleston
  • Arnold Wright

• Business program's leading areas of study:

  • • Accounting
    • Entrepreneurship
    • Finance
    • Marketing
    • International Business
• • Special programs: Field research programs in Social Entrepreneurship, Sustainable Business Practices, and Emerging Markets; volunteer programs; mentoring and coaching; international and domestic co-op; research with faculty; learning communities
• • Work study: Students may take up to three 6-months paid, full-time co-ops. These may either be in the U.S. or overseas. Students do not receive academic credit and so do not pay tuition while on co-op, but they are still full-time students.
• • Study abroad programs: Specialized business study-abroad programs, as well as university-wide programs; overseas field projects in developing countries; faculty-led Dialogues of Civilization programs; international co-op is also available.
• • Volunteer opportunities: urban schools; microfinancing lending domestically and abroad; service learning courses; working with business start-ups

• Extra-curricular activities:

  • business-related clubs
  • extra-curricular sports
  • peer mentoring and tutoring
  • honors organizations
  • domestic & international case competitions
  • variety of university clubs
  • volunteer activities
  • leadership & networking events

FINANCIAL AID

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

• Scholarships

  • Scholarship money distributed to business students last year: $22,700,343.00
  • Expected scholarship distribution to business students this year: $22,471,629.00
  • Scholarships are awarded to business students based on: a combination of need and merit
  • Students receiving institutional scholarships in the current academic year: 58 %
  • Students receiving full-tuition institutional scholarships in the current academic year: 3 %
  • Institutional scholarship money distributed to undergraduate business students based on need: 71 %
  • Institutional scholarship money distributed to undergraduate business students based on merit: 29 %

• Loans

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

CAREER SERVICES

• Employment Information

  • Percentage seeking full-time professional employment in business: 95 %
  • Percentage not seeking full-time professional employment in business: 5 %

• Received first job offer:

  • By graduation: 69 %
  • After graduation, but within 3 months: 14 %
  • More than 3 months after graduation : 7 %
  • No job offer reported: 10 %

• Accepted first job offer:

  • By graduation : 63 %
  • After graduation, but within 3 months: 14 %
  • More than 3 months after graduation: 9 %
  • No job acceptance reported: 14 %
• • Companies recruiting business students on campus: 259
  • Companies posting job offers for business students on school job boards: 581

• Top employers (number of students hired):

  • General Electric 15
  • PriceWaterhouseCoopers 13
  • Deloitte and Touche 9
  • Johnson and Johnson 6
  • Liberty Mutual 5
  • KPMG 4
  • Ernest and Young 4
  • Fidelity Investments 4
  • John Hancock 4
  • Wellington Management 4
  • Rothstein Kass 4
  • Teach for America 4
  • Goldman Sachs 3
  • MFS Investments 3
  • Bank of America Merrill Lynch 3

• Compensation

  • Mean base salary: $56,381.00
  • Median base salary : $55,200.00
  • Mean signing bonus: $7,434.00
  • Median signing bonus: $5,000.00

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

  • Consulting: 3 %
  • Finance/Accounting: 39 %
  • General Management: 21 %
  • Human Resources: 3 %
  • Management Information Systems: 1 %
  • Marketing/Sales: 13 %
  • Operations/Production: 15 %
  • Logistics/Transportation: 2 %
  • Other: 3 %

• Most recent graduates accepted jobs in the following industries:

  • Accounting: 19 %
  • Consumer Products/Retail : 16 %
  • Consulting: 6 %
  • Financial Services: 28 %
  • Government/Education: 4 %
  • Pharma/Biotech/Health: 5 %
  • Manufacturing: 4 %
  • Media/Entertainment: 2 %
  • Petroleum/Energy: 0 %
  • Real Estate: 1 %
  • Sports/Leisure: 2 %
  • Technology/Science: 9 %
  • Non-Profit: 1 %
  • Transportation: 1 %
  • Utilities: 1 %
  • Other: 1 %

• 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: 84 %
  • Mid-Atlantic: 4 %
  • Midwest: 4 %
  • South: 2 %
  • Southwest: 1 %
  • West: 5 %
  • Possessions and territories: 0 %
• • Career services offered: individual appointments and workshops for all aspects of job search; on campus recruiting; employer-in-residence program; career fairs; industry panels; online and video resources; web-based job board and career management tool; Blackboard; graduate school exam prep;

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 252
  • Companies posting internship offers for business students on school job boards: 552

• Top internship employers (number of students hired):

  • State Street 84
  • John Hancock 53
  • MFS Investments 52
  • Wellington Management 48
  • EF Education 37
  • PriceWaterhouseCoopers 37
  • General Electric 29
  • Johnson and Johnson 26
  • Staples 21
  • Deloitte and Touche 18
  • Lexington Insurance (Chartis) 18
  • UBS 18
  • TJX 17
  • Goldman Sachs 16
  • Bank of America Merrill Lynch 16

• Internship pay

  • Internships that are paid: 98 %
  • Mean compensation, per week, for paid internships only: $680.00
  • Median compensation, per week, for paid internships only: $640.00
  • Average internship length, in weeks: 26

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 31,407
  • Total living alumni of the undergraduate business program: 27,977
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 12 %

• Alumni gifts

  • Mean Gift: $1,264.00
  • Median Gift: $45.00
  • 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

  • Richard D'Amore General Partner/Northbridge Venture Partners
  • Harry Keegan President & CEO/Braintree Laboratories, Inc.
  • Alan McKim President, CEO & Chairman/Clean Harbors, Inc.

• • -In the last five years, I have had the most extraordinary and unique experience at Northeastern University. Many students attend the university for its co-op program - a reason for me as well. However, what increased and heightened my experience was utilizing resources all around the university to grow as an academic, individual, and professional. Professors were supportive and invested in my education and career. Faculty and sub-departments within the university were supportive in sponsoring events and projects of mine. In addition, the opportunity to explore and bring my projects and passion in art and fashion (both of which are unrelated to my academic concentrations) to life has been largely due to Northeastern University's resources and support. Not every student has that opportunity at the university or any university, but I was fortunate to have had this experience. The opportunity to showcase this to the Northeastern University and Boston community that it is possible to excel and make your college experience more than you expect has been very rewarding.
    
    -I think that the curriculum could be more narrowed, giving us a little less freedom as to what business classes we could take. The great thing about Northeastern is that we have so many great programs and professors that it is tempting to learn about each one of them. It was a little overwhelming and tough to make a decision in my case as to what I wanted to study, which I guess is the beauty of college.
    
    -The International Business Program at Northeastern University is the only one like it within the United States, especially since it is the only partner for the IPBS. This is the only program in this country where it is not only required to spend 1 full year abroad, but encouraged to complete the dual degree option and spend 2 years away from the United States. This program allows students to really integrate into new cultures and societies, in terms of attending a Partner University, in that countries mother tongue. As well as working for at least 6 months within that country. Allowing students to really gain a new perspective and expanded views. It allows students to gain international working experience, contacts and knowledge that gives students a step up compared to the competition in terms of finding jobs.
    
    -While strong focus is put on each individual internship/co-op, the program could help students use these opportunities to strategically build an overall well rounded resume by the point of graduation. Example: Complete co-ops both on back and front-end sides of business/ finance and marketing co-ops etc.
    
    -Our teachers, staff and advisers all really want us to do well and will help us if we ask. They give many resources and are always available to meet.
    
    -The administration at Northeastern (the entire University, not just the business program) is extremely poor and needs a complete overhaul. The business program, while very good, needs to improve career services, and make more of an effort to get better, better known companies (especially in finance/ibanking) to come to campus.
    
    -Northeastern's focus from day one is preparation for the working world. The classes are all application based instead of solely focusing on theory. In addition, the coop program gives students the opportunity to gain significant real world experience before graduating. There is the chance to graduate with up to one and a half years of work experience with established programs and companies that many times can lead to fulltime employment after graduation.