UNDERGRADUATE Profiles Publish Date 2/26/09

Rutgers University New Brunswick

Rutgers Business School New Brunswick

Getting In

PROGRAM BASICS

Rutgers Business School New Brunswick Program

94 Rockafeller Road
Piscataway , New Jersey 08854

Public Institution

Web site

business.rutgers.edu

Program e-mail address:

frosh@business.rutgers.edu

Program telephone number:

(732) 445-3600

AACSB accredited:

Yes

Year in which the undergraduate business program was founded:

1986

Length of entire institution:

Four Year

Business program length:

Four Year

Degrees offered:

Degree/Program Name:
BS

PROGRAM COSTS

Annual Tuition (Resident):

$ 9,546

Annual Tuition (Non-Resident)

$ 19,778

Cost per academic credit (resident)

$ 310

Cost per academic credit (non-resident)

$ 644

Required fees

$ 2,252

Books:

$ 800

Room and board:

$ 10,232

ENROLLMENT

Full-time undergraduate business student enrollment:

1,010

Part-time undergraduate business student enrollment:

Distance undergraduate business student enrollment:

Total College enrollment for 2008-09:

55,000

ADMISSIONS

Minimum SAT score for entire college on 1600 scale:

N/A

Minimum ACT score for entire college:

N/A

Minimum high school GPA for entire college:

N/A

Interviews for entire college:

Not offered

Additional application requirements for entire college:

N/A

Upcoming application deadlines for entire college:

Semester: Spring 2010
Deadline: October 1, 2009
Semester: Fall 2010
Deadline: December 1, 2009

Freshmen admitted into business program:

Yes

Percentage of business students admitted as freshmen:

8 %

Are the freshman admits to the business program required to complete pre-business courses before beginning upper-lever courses in the junior year?

Yes

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

Minimum college GPA for internal business program transfers:

3.3

Additional requirements for internal transfers:

N/A

Total number of full-time applications for entire college:

32,816

International applicants, entire college, 2008-09:

4 %

Female applicants, entire college, 2008-09:

51 %

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

57 %

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

36 %

Relative Importance of Application Elements:

Secondary School Record:

Very Important

Class Rank:

Very Important

Talent/Ability:

Considered

Interview:

Not Considered

Extracurricular Activities:

Considered

Volunteer Work:

Considered

Character/Personal Abilities:

Not Considered

Application Essay:

Considered

Work Experience:

Not Considered

SAT/ACT Scores:

Very Important

Recommendations:

Considered

High School GPA:

Very Important

Admissions program managed by:

The university admissions office

Total undergraduate business program applicants, 2008-09:

11,000

Applicants enrolled in undergrad business program 2008-2009:

40 %

Applicants admitted to undergraduate business program, 2008-09:

5 %

CLASS PROFILE

Class Profile:

Female: 52 %

Entering students by age:

Mean: 21
Median: 21

Citizenship of Entering Students

U.S.: 94 %
Other countries: 5 %
Unknown: 1 %

Percentage of US citizens in entering class who are:

African American: 2 %
Asian American: 45 %
Hispanic or Latino American: 4 %
White (Non-Hispanic): 45 %
Other: 4 %

Entering students from the following region:

Northeast: 91 %
Mid-Atlantic: 1 %
South: 0 %
Southwest: 1 %
Midwest : 0 %
West: 1 %
Possessions and territories: 0 %

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

Mean: 1368
Median: 1350

SAT middle 50% range on 1600 scale:

From: 1,260
To: 1,420

Mean: N/A Median: N/A

From: N/A To: N/A

Percent of Students Who Were In:

Top 10% of high school class

90 %

Top 25% of high school class:

100 %

HS GPA of 3.75 or higher

85 %

HS GPA of 3.5 to 3.74:

10 %

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:

$ 80,138,052

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

$ 84,144,954

Scholarships awarded to students in the business program based on:

A combination of need and merit

Scholarship consideration process:

All candidates are considered for scholarships

Other scholarship considerations:

N/A

Students receiving institutional scholarships for 2008-09 academic year:

40 %

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

25 %

Percentage of institutional scholarship money distributed to business students based on merit, 2008-09 year:

32 %

Percentage of institutional scholarship money distributed to business students based on need, 2008-09:

59 %

School offers guaranteed loans:

Financial aid web site

Http://studentaid.rutgers.edu

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

90 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:

Degree: 120

Other degree requirements:

N/A

ACADEMICS

Average class size in required business courses:

Average class size in business electives:

Average class size in non-business electives required for admission to business program:

Class size:

Classes with fewer than 20 students: 5 %
Classes with 21 to 50 students: 70 %
Classes with more than 50 students: 25 %

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

95 %

Required business courses that had waiting lists, 2007-08:

0 %

CURRICULUM

Number of elective courses available in business program:

Electives added current year:

Procurement and Global Sourcing Strategies
Project Management
Six Sigma and Lean Manufacturing

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

1998

Leading areas of study:

Accounting

Finance

General Management

Marketing

Special programs for business students:

New Major in Supply Chain Management will start in Fall 2009; The Women's Business Leadership Initiative program comprised of courses, internships, and mentorship;Business, Engineering, Science, and Technology (BEST) program; five year BS/MBA Program.

Business program offers work study or co-op opportunities:

Yes

Students are eligible to participate in partner companies where they are involved in the program while continuing to take 6 credits in the Business Program

Business program offers study abroad opportunities:

Yes

Study abroad program description:

Students attending colleges with which agreements have been formalized may take eligible courses that will be applied toward their business degree.

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

Accounting Majors participate in VITA (Volunteer Income Tax Assistance) program. Other opportunities exist but there are no formal arrangements.

Business clubs and extracurricular activities:

Rutgers Business Governing Association
Little Investment Bankers of Rutgers (LIBOR)
Rutgers Entrepreneurship Society
Supply Chain Management and Marketing Society
Rutgers Association for Marketing and Stratetgy
Rutgers Management Society

FACULTY

Faculty:

Full-time faculty : 45
Adjuncts and visiting faculty: 12
Permanent/tenured professors: 35
Percentage of permanent/tenured professors who are women: 8
Percentage of permanent/tenured professors who are underrepresented minorities: 5
Percentage of permanent/tenured professors who are also members of company boards of directors or of advisors: N/A
Percentage of permanent/tenured professors who are business owners: N/A

Prominent faculty:

Prof Ben Sopranzetti
Prof Glen Shafer
Prof Lei

STUDENT LIFE

Largest on-campus organizations for business students:

LIBOR (Investment club)
Beta Alpha Psi (Accounting)
Entrepreneurship Society
Supply Chain Management Club
Rutgers Association of Marketing and Strategy

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:

N/A

Trading laboratory available:

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

7,739

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

6 %

Mean alumni gift 2007-08:

$ 430

Median alumni gift, 2007-08:

$ 525

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

Yes

Donor and amount:

Anonymous - $10,000,000

Prominent alumni:

Name: Thomas Renyi
Title: CEO Bank of New York
Name: Ziad Barghash
Title: President, CEO Transworld Logistics Group
Name: Gary Cohen
Title: Presdient, BD Medical

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

70 %

Seeking full-time employment in business: 80 %
Not Seeking full-time employment in business: 20 %

Other activities and services provided for business majors:

Dedicated Career Management Specialist Business School Dedicated Career and Internship Fairs Business Communication Preparation

Job offer results, 2008 graduates:

Received first job offer by graduation: 69 %
Accepted first job offer by graduation: 69 %

Top hiring firms:

Deloitte Touche Tomatsu
Ernst & Young
PricewaterhouseCoopers
Merrill Lynch
Citigroup Inc.
KPMG LLP
Deutsche Bank AG
Johnson & Johnson
UBS
Barclays Bank PLC
Unilever

Prudential
Amper Politzine and Mattia
Crowe Chizek
Duff and Phelps

Graduate compensation:

Mean base salary: $ 54,812
Median base salary: $ 55,000
Mean signing bonus: $ 6,004
Median signing bonus: $ 5,000

Grads accepted jobs in following functional areas:

Consulting: 5 %
Finance/Accounting: 75 %
Marketing/Sales: 10 %
Other: 10 %

Grads accepted jobs in following industries:

Accounting: 27 %
Consumer Products/Retail: 8 %
Financial Services: 30 %
Other: 45 %

Percentage of job acceptances, US and Canada:

US: 100 %

Grads accepted jobs in the following US regions:

Northeast: 80 %
Mid-Atlantic: 20 %

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

Internship postings on job boards, previous academic year:

200

Top internship recruiters, 2007-08:

Johnson & Johnson
Citigroup Inc.
Merrill Lynch
Goldman Sachs Group
Deutsche Bank AG
JPMorgan Chase & Co.
PricewaterhouseCoopers
Deloitte Touche Tomatsu
Barclays Bank PLC
Morgan Stanley
Ernst & Young
UBS
Lehman Bros.
KPMG LLP

Prudential
Liberty Mutual

Percentage of internships that were paid, previous academic year

100 %

Mean internship compensation per week:

$ 650

Graduate Comments

The program is amazing! The teachers are incredibly flexible and open. Classes are a great forum for debate on current business topics.

The business school is definitely what you make of it. There are resources available, although more needs to be available for marketing students, as well as better computer labs, and more job opportunities.

The value significantly outweighs the investment. The tuition is relatively cheap, and the knowledge I received is tremendous.

I feel the accounting program tries to turn out CPAs and has no other focus. Personally, I do not have a lot of interest in working for an accounting firm.

I feel that there are still limited opportunities and focus given to management and marketing students. A lot of the companies that come to talk and recruit are focused more in accounting and finance. This can be very discouraging to students as they are job searching.

Its two-year program forces students of the same major to take all of the same classes in the same semesters, resulting in strong relationships between these groups of people.

The students at Rutgers Business School have the brilliance of Ivy League students without the snobby sense of entitlement. I have never met such an well-rounded group of students that were intelligent, worldly and down-to-earth. Most of the students at RBS work part-time and successfully balance difficult course loads. Many students at RBS support themselves during school. Our drive to WORK for what we deserve makes as an extremely unique group of students and ideal employees.

What makes Rutgers Business school unique is the fact that we are in the center of three major cities in the United States. This allows us to travel and visit firms throughout the tri-state area and give us a opportunity to work in the biggest financial district in the world, New York City. The classes are also very tight knit and most of the students in each of the majors as well as the entire business school together know each other very well.

Poor administrative assistance requires you to act independently and to solve your own problems.

Our business program is unique because of its faculty. They are always there to help you with your resume, cover letter or even just to answer questions and concerns. This has not only alleviated some of my concerns about graduating and entering the work force, but has also opened up many doors by allowing me to talk to faculty members that I would not necessarily approach. As a result, I have been able to expand my horizons and take on projects that I would not have necessarily been exposed to otherwise.

You really have to work for the "A". I have really gained from taking advantage of the many resources Rutgers Career Services offers. Career Services found 2 out of my 3 internships for me. There are countless amount of resources Career Services offers; including mock interviews, video recorded interviews, speaking workshops, and career focused events that students should take advantage of. The professors I have had at Rutgers Business School really prepare their students for the real world.

The program is very diverse, and has global connections despite not being in a world center of business (NYC, London, Tokyo, HK). The campus is close enough to New York to get this global feeling, but far enough away to keep a traditional college atmosphere.

The student body is comprised of many New Jersey residents that simply couldn't afford to attend Ivy League schools. Therefore, the general atmosphere is highly intellectual and overly ambitious. With a close proximity to New York City, there is an overwhelming focus to be the future leaders on Wall Street.

The school is located between two business hubs (New York and Philadelphia) which provides for outstanding opportunity for real world applications of skills through case competitions and workshops conducted by corporations. Also, staff members that are currently working in the field bring their real world, present day knowledge of business concepts.

The students are: 1) competitive, 2) socially diverse, 3) career services is amazing, 4) the school is well-known, 5) the teachers are dedicated, 6) the tuition is fair.