Program Basics

• • Bachelor of Business Administration
  • Price College of Business
  • 1010 Price Hall, 1003 Asp Ave
  • University of Oklahoma
  • Norman, Oklahoma
  • 73019
  • United States
  • Program Web site: http://price.ou.edu
  • Program e-mail address: undergrad@ou.edu
  • Program phone number: 405-325-6021
  • Status: Public (state-operated)
• • AACSB accredited: Yes
• • Year in which the undergraduate business program was founded: 1923
• • Institution: Four Year
• • Business Program: Two Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 27,149
  • Full-time undergraduate business: 2,612
  • Part-time undergraduate business: 268
• • College or university freshman retention rate: 83 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 47 %
  • Within six years of admission to the university: 96 %

• Undergraduate Business Degrees Offered:

  • BBA/Full Time
  • BBA/Part Time

PROGRAM COSTS

• • Annual Tuition (Resident): $3,849.00
• • Annual Tuition (Non-Resident): $14,802.00
• • Annual Required Fees: $4,223.00
• • Tuition Per Academic Credit (Resident): $128.00
• • Tuition Per Academic Credit (Non-Resident): $493.00
• • Annual Room and Board: $8,060.00
• • Annual Cost of Books: $1,043.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 40 %
  • International: 7 %

• Mean and median age of full-time business students in the newest entering class:

  • Mean: 22
  • Median: 21

• Percentage of newest entering class:

  • Top 10% of high school class: 18 %
  • Top 25% of high school class: 39 %
  • GPA of 3.75 or higher: 33 %
  • GPA of 3.5 to 3.74: 27 %

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

  • Mean: 1173
  • Median: 1171

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

  • From: 1070
  • To: 1250

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

  • Mean: 26
  • Median: 25

• Middle 50% range of ACT scores:

  • From: 23
  • To: 28

• Citizenship breakdown for newest entering class:

  • US: 93 %
  • Canada: 0 %
  • Other Non-US Citizens: 7 %
  • Dual Citizenship: 0%
  • Unknown Citizenship: 0 %

• U.S. citizens in newest entering class:

  • African American: 4 %
  • Asian American: 2 %
  • Hispanic or Latino American: 8 %
  • Multiethnic/Multiracial: 7 %
  • Native American: 4 %
  • White (Non-Hispanic): 74 %
  • Chose not to report: 1 %
  • Other: 0 %

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

  • Northeast: 0 %
  • Mid-Atlantic: 1 %
  • South: 0 %
  • Southwest: 94 %
  • Midwest: 3 %
  • West: 2 %
  • Possessions and territories: 0 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • ACT or SAT for freshman
  • TOEFL or IELTS for International Students
• • Minimum SAT score on 1600 scale (if applicable) required for admission: 1090, 1090
  • Minimum ACT Score (if applicable) required for admission: 24, 24
  • Minimum High School GPA (if applicable) required for admission: 3.00, 3.00
  • Interviews are: Not required

• Application deadlines:

  • Fall 2012 April 1, 2012
  • Spring 2013 November 1, 2012
  • Summer 2013 April 1, 2013
• • Additional application requirements: Application fee. International students must satisfy English proficiency & financial adequacy requirements. Transfer students provide an official transcript from other colleges attended & high school transcript if less than 24 hours attempted.
• • Total undergraduate applicants, all programs: 11,456
• • Percentage of applicants admitted: 82 %
• • Percentage of admitted applicants who enrolled: 43 %
• • International applicants: 4 %
• • Female applicants: 40 %

• Relative Importance of Application Elements

  • Secondary school record: Very Important
  • Class rank: Very Important
  • Talent/ability: Considered
  • Interview: Considered
  • Extracurricular activities: Not Considered
  • Volunteer work: Not Considered
  • Character/personal abilities: Considered
  • Application essay: Not Considered
  • Work experience: Not Considered
  • SAT/ACT scores: Very Important
  • Recommendations: Considered
  • High school GPA: Very Important

ADMISSIONS - Getting Into the Business Program

• • Undergrad business program admissions are managed by: The business program office
  • Total undergraduate business applicants: 644
  • Percentage of applicants admitted: 89 %
  • Percentage of admitted applicants who enrolled: 98 %

• Admission requirement for admission to the undergraduate business program

  • Minimum SAT: 1090, 1090
  • Minimum ACT: 24, 24
  • Minimum high school GPA: 3.00, 3.00
• • Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
• • Admissions interviews for the undergraduate business program are: By invitation only

• Freshman admission:

  • Does the business program admit freshmen?: No
  • Percentage of business program admits in most recent entering class who were freshman: 0 %
  • Are freshman business admits required to complete or obtain minimum GPAs in pre-business courses before taking upper-level courses? No

• Internal transfers:

  • Method for handling internal transfers: Other
  • Minimum college GPA for internal transfers to the business program: 2.50
  • Additional application requirements, including course/grade requirements: Declare business major as well as an application.

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Honors Program
  • President's Leadership Class
  • President's Serve Class
  • Greek Organizations
  • OU Student Activities Association
• • Are freshmen required to live on campus?: Yes
  • Are business students grouped together in 'learning communities' in housing and other facilities?: No

PROGRAM REQUIREMENTS

• Minimum number of credit hours required to receive an undergraduate business degree:

  • BBA 122

• Other requirements for the undergraduate business degree

  • University requirement of 120 hours, Professional Development course, application for degree candidacy, common business core courses, major GPA and upper division GPA 2.50, required capstone

ACADEMICS

• Average class size:

  • Required business classes: 70
  • Business electives: 26
  • Non-business electives: 23

• Percentage of business classes:

  • With 20 or fewer students: 30 %
  • With 21 to 50 students: 58 %
  • With more than 50 students: 12 %

• Course enrollment:

  • Percentage of required business courses reaching maximum enrollment by the first day of class: 12 %
  • Percentage of required business courses with waiting lists: 12 %

CURRICULUM

• Electives:

  • Available business electives: 12
  • New electives: Social Entrepreneurship
• • Last curriculum overhaul: 1997
  • Total business faculty: 95
  • Percentage of the total faculty that is tenured or tenure track: 57 %

• Most prominent faculty:

  • William Megginson
  • Louis Ederington
  • Robert Zmud

• Business program's leading areas of study:

  • • Accounting
    • Entrepreneurship
    • Management Information Systems
    • International Business
    • Other
  • Other leading area of study: Energy Management
• • Special programs: Integrated Business Core, JC Penney Leadership Program, Price College Ambassadors Program, Center for the Creation of Economic Wealth Student Associate Program
• • Work study: Co-op opportunities are available in Accounting
• • Study abroad programs: Vichy, France for Marketing and Management, Alcalà de Henares, Spain for International Business and Business Capstone, Reading, UK for Energy Management, Costa Rica for Leadership Program, Arezzo, Italy for Entrepreneurship
• • Volunteer opportunities: Price College Community Service Day, Integrated Business Core, JC Penney Leadership Philanthropic activities, MIS Student Association community service

• Extra-curricular activities:

  • Energy Management Student Association
  • Delta Sigma Pi
  • Student Finance Club
  • MIS Student Association
  • JC Penney Leadership Center
  • CEO (Collegiate Entrepreneurs Organization)
  • Beta Alpha Psi, honorary Accounting Fraternity
  • SBA (Student Business Association)

FINANCIAL AID

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

• Scholarships

  • Scholarship money distributed to business students last year: $4,226,636.00
  • Expected scholarship distribution to business students this year: $4,556,788.00
  • Scholarships are awarded to business students based on: a combination of need and merit
  • Other criteria for scholarship consideration: Students fill out an application that includes 3 questions, and financial aid to determine their rank for need. Overall GPA is looked at for merit. The committee coordinates with the donors requirements to select the students for each scholarship.
  • Students receiving institutional scholarships in the current academic year: 27 %
  • Students receiving full-tuition institutional scholarships in the current academic year: 3 %
  • Institutional scholarship money distributed to undergraduate business students based on need: 20 %
  • Institutional scholarship money distributed to undergraduate business students based on merit: 80 %

• 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: 81 %
  • Percentage seeking full-time professional employment in business: 82 %
  • Percentage not seeking full-time professional employment in business: 18 %

• Received first job offer:

  • By graduation: 47 %
  • After graduation, but within 3 months: 27 %
  • More than 3 months after graduation : 11 %
  • No job offer reported: 15 %

• Accepted first job offer:

  • By graduation : 47 %
  • After graduation, but within 3 months: 27 %
  • More than 3 months after graduation: 11 %
  • No job acceptance reported: 15 %
• • Companies recruiting business students on campus: 203
  • Companies posting job offers for business students on school job boards: 895

• Top employers (number of students hired):

  • Chesapeake Energy Corp 12
  • Conoco Phillips 11
  • Land Service Inc. 8
  • University of Oklahoma 7
  • KPMG LLP 6
  • Ernst & Young LLP 6
  • ISN Software 5
  • Cerner 4
  • BP 4
  • Deloitte Consulting 4
  • Bank of Oklahoma 4
  • Noble Energy 4
  • Devon Energy 3
  • Goldman Sachs 3
  • Haliburton 3

• Compensation

  • Mean base salary: $50,692.00
  • Median base salary : $49,000.00
  • Mean signing bonus: $5,450.00
  • Median signing bonus: $5,000.00
  • Mean other guaranteed compensation: $12,275.00
  • Median other guaranteed compensation: $11,275.00

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

  • Consulting: 5 %
  • Finance/Accounting: 31 %
  • General Management: 36 %
  • Human Resources: 1 %
  • Management Information Systems: 9 %
  • Marketing/Sales: 12 %
  • Operations/Production: 1 %
  • Logistics/Transportation: 2 %
  • Other: 3 %

• Most recent graduates accepted jobs in the following industries:

  • Accounting: 14 %
  • Consumer Products/Retail : 5 %
  • Consulting: 5 %
  • Financial Services: 9 %
  • Government/Education: 8 %
  • Pharma/Biotech/Health: 5 %
  • Manufacturing: 1 %
  • Media/Entertainment: 3 %
  • Petroleum/Energy: 31 %
  • Real Estate: 1 %
  • Sports/Leisure: 3 %
  • Technology/Science: 3 %
  • Non-Profit: 2 %
  • Transportation: 2 %
  • Utilities: 1 %
  • Other: 7 %

• 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: 2 %
  • Mid-Atlantic: 1 %
  • Midwest: 5 %
  • South: 1 %
  • Southwest: 89 %
  • West: 2 %
  • Possessions and territories: 0 %
• • Career services offered: Online resume books, online job boards, employer database, on-campus interviewing, Facebook, Twitter, LinkedIn, career blog, career insider, interview stream, going global, going global USA, Professional Development class with College of Business, career assessment, resume critiques, presentation/events, career fairs, individual assistance, career information library, Webinars, career mentoring network

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 122
  • Companies posting internship offers for business students on school job boards: 356

• Top internship employers (number of students hired):

  • Chesapeake Energy Corp. 9
  • Devon Energy 8
  • Ernst & Young LLP 3
  • EOG Resources 3
  • Southwestern Energy 3
  • Anadarko 3
  • Conoco Phillips 3
  • Pioneer 3
  • Noble Energy 2
  • EQT Production 2
  • Cole & Reed 2
  • Baylor Healthcare Foundation 2
  • BP 2
  • Exxon Mobil 1
  • Goldman Sachs 1

• Internship pay

  • Internships that are paid: 82 %
  • Mean compensation, per week, for paid internships only: $853.00
  • Median compensation, per week, for paid internships only: $800.00
  • Average internship length, in weeks: 12

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 30,498
  • Total living alumni of the undergraduate business program: 26,716
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 12 %

• Alumni gifts

  • Mean Gift: $878.00
  • Median Gift: $150.00
  • 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

  • Michael Price Value Investor
  • Helen Walton Wal-Mart Co-founder
  • WR Howell former JC Penney CEO

• • -The Integrated Business Core offered as a sophomore or junior allows students to form actual companies, obtain actual loans from First Fidelity Bank through loan presentations, and create actual products to produce, market, and sell. All proceeds after the loans are paid back go to the company's philanthropy of choice. This year, the program reached the $1,000,000 donated mark. During this process, the companies are also donating sweat equity to another philanthropy of their choice. Classes taken during this program include Principles of Management, Principles of Marketing, and Legal Studies of Business. It was my absolute favorite semester at Price and I tell every undergraduate to take it. I learned more that semester through my hands on learning experiences than I had until that point in college.
    
    -I would say to make our business school stronger there should be a little more communication between the students and teachers. I feel that most students are either afraid to talk to a teacher or feel that most teachers do not really care about the students.
    
    -The Energy Management program makes our business program stand out. It is a one of a kind program and companies actively seek out students who graduate from it.
    
    -ADVISING OFFICE AND ADVISING COUNSELORS ARE POOR. There are two good counselors in there but the others do not care about you. They are just there to get paid. Two counselors messed up on my classes I needed to take, so now I am graduating a semester late.
    
    -The Price College of Business is unique because there are many clubs to get involved in that can propel you forward in your personal development. JCPenney Leadership Program is a highly selective program for high achieving undergraduate business majors. It provides opportunities to be mentored by large companies in the real world, build connections, and develop yourself into the businessperson you want to be.
    
    -What I think could make my business program stronger would be that maybe advisers could check in with business students about career plans for after graduation more often. That way students could feel more motivated to prepare for life after college more comfortably.
    
    -The University of Oklahoma constantly tries to make sure their students succeed whether through resume critiques, mock interviews or professional classes. A large career fair is put on each semester and followed by interviews. Being a successful student at the University of Oklahoma, I believe that if a student does not obtain an internship, it is the student's own fault. The University of Oklahoma provides so many opportunities, but they cannot make students want to work.
    
    -There is only one thing that would and could make this program stronger: improve the course offerings to include more business classes in the evening hours for working professionals to complete an undergraduate degree. If higher education is about improving the quality of one's education, then focus on the student first and the athletes second.
    
    -The Energy Management Student Association is by far the best part of the business college. This organization is open to incoming freshmen and will groom them until they graduate and find a job. The typical Energy Management student will take classes taught by industry professionals, work multiple internships before they graduate, be assigned a mentor in energy industry, and find a high-paying job with a very reputable company.
    
    -I believe my business program could be stronger if we were more equipped for the current economy and had more help finding jobs in our areas of business. The school has offered me little to no help in finding a Human Resources job. They try to disguise sales jobs as HR.
    
    -The OU accounting program features a lot of five star teachers who really love what they do, care about their students, and present material in a way that truly facilitates learning. Class sizes are just about perfect, not so big that half the class can't hear the professor and not so small that there aren't enough different people to meet and work with. Most of the actual classrooms are very well designed--featuring good lighting, excellent technology options, and convenient and comfortable seating for the students--which actually succeeds in creating a fairly inviting atmosphere that is also conducive to learning.
    
    -I am extremely satisfied with what I have learned and how I have learned information from the University of Oklahoma. Although, if I were to change one thing about the business program that might make it stronger, it would be for the teachers to give the students more helpful information on what we should be expecting going into the job market.
    
    -The study abroad requirement, foreign language concentration requirement, and the introductory international business class are the high points of OU's IB program. Even though an extended study abroad trip can be very inconvenient and at times even an overwhelming challenge, I feel it is a vital part of the education of any student who genuinely wants to be involved with international business. Without living abroad, it is virtually impossible--especially for Americans, I believe--to truly understand that one's own country and culture may be the exception rather than the norm and to identify areas of pride or ignorance within oneself that need to be addressed. Requiring students to spend extensive time learning about another country and its language on site is one of the best and most unique elements of OU's international business program.
    
    -I recently learned that our business program is one of the few in the country that requires International Business majors to study abroad for either a semester or two, consecutive summers, which I believe is essential for the curriculum. For students who are interested in working as expatriates, or any globally competitive industry, this requirement gives us a taste of what it would be like, while also giving us an opportunity to experience another culture.