Program Basics

• • Pamplin College of Business
  • Pamplin College of Business - Graduate Program
  • 1046 Pamplin Hall
  • Blacksburg, Virginia
  • 24060
  • United States
  • Program Web site: http://www.undergrad.pamplin.vt.edu
  • Program e-mail address: clemenz@vt.edu
  • Program phone number: 5402316602
  • Status: Public (state-operated)
• • AACSB accredited: Yes

• Accreditation other than AACSB:

  • AACSB Accounting Accreditation
• • Year in which the undergraduate business program was founded: 1925
• • Institution: Four Year
• • Business Program: Four Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 24,028
  • Full-time undergraduate business: 3,586
  • Part-time undergraduate business: 65
• • College or university freshman retention rate: 91 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 62 %
  • Within six years of admission to the university: 75 %

• Undergraduate Business Degrees Offered:

  • BS/Accounting & Information Systems
  • BS/Business Information Technology
  • BS/Finance
  • BS/Hospitality & Tourism Management
  • BS/Economics
  • BS/Marketing
  • BS/Management

PROGRAM COSTS

• • Annual Tuition (Resident): $8,852.00
• • Annual Tuition (Non-Resident): $22,254.00
• • Annual Required Fees: $1,657.00
• • Tuition Per Academic Credit (Resident): $369.00
• • Tuition Per Academic Credit (Non-Resident): $927.00
• • Annual Room and Board: $6,856.00
• • Annual Cost of Books: $1,000.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 42 %
  • International: 3 %

• 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: 31 %
  • Top 25% of high school class: 80 %
  • GPA of 3.75 or higher: 67 %
  • GPA of 3.5 to 3.74: 20 %

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

  • Mean: 1190
  • Median: 1200

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

  • From: 1120
  • To: 1260

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

  • Mean: 26
  • Median: 26

• Middle 50% range of ACT scores:

  • From: 27
  • To: 28

• Citizenship breakdown for newest entering class:

  • US: 97 %
  • Other Non-US Citizens: 3 %

• U.S. citizens in newest entering class:

  • African American: 3 %
  • Asian American: 12 %
  • Hispanic or Latino American: 5 %
  • Multiethnic/Multiracial: 3 %
  • White (Non-Hispanic): 75 %
  • Chose not to report: 2 %

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

  • Northeast: 9 %
  • Mid-Atlantic: 85 %
  • South: 3 %
  • Southwest: 1 %
  • Midwest: 1 %
  • West: 1 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • SAT Reasoning test or ACT
• • Interviews are: Not offered

• Application deadlines:

  • Fall 2012 1/15/2012
• • Additional application requirements: International-Financial documents,English translations of academic documents,transfer clearance, sponsorship letter, permanent resident alien card. NON-ENGLISH-TOEFL/IELTS. TRANSFER-transcripts from all previous institutions including high school.
• • Total undergraduate applicants, all programs: 20,828
• • Percentage of applicants admitted: 67 %
• • Percentage of admitted applicants who enrolled: 25 %
• • International applicants: 2 %
• • Female applicants: 42 %

• Relative Importance of Application Elements

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

ADMISSIONS - Getting Into the Business Program

• • Undergrad business program admissions are managed by: The university admissions office
  • Total undergraduate business applicants: 2,683
  • Percentage of applicants admitted: 59 %
  • Percentage of admitted applicants who enrolled: 50 %
• • 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 offered

• Freshman admission:

  • Does the business program admit freshmen?: Yes
  • Percentage of business program admits in most recent entering class who were freshman: 84 %
  • 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:

  • Accounting Society
  • Beta Gamma Sigma
  • Alpha Kappa Psi
  • PRISM
  • Marketing Society
• • 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:

  • BS 125

• Other requirements for the undergraduate business degree

  • Completion of university core, college core and major requirements. Must earn at least a 2.0 overall GPA and at least a 2.0 GPA in the business major.

ACADEMICS

• Average class size:

  • Required business classes: 62
  • Business electives: 31

• Percentage of business classes:

  • With 20 or fewer students: 5 %
  • With 21 to 50 students: 70 %
  • With more than 50 students: 25 %

• Course enrollment:

  • Percentage of required business courses reaching maximum enrollment by the first day of class: 26 %
  • Percentage of required business courses with waiting lists: 14 %

CURRICULUM

• Electives:

  • Available business electives: 39
  • New electives: Business and Marketing for Proc. Ind.
• • Last curriculum overhaul: 2000
  • Total business faculty: 134
  • Percentage of the total faculty that is tenured or tenure track: 73 %

• Most prominent faculty:

  • Kent Nakamoto
  • Richard Wokutch
  • Vijay Singal

• Business program's leading areas of study:

  • • Accounting
    • Finance
    • Marketing
    • General Management
    • Technology
  • Other leading area of study: Hospitality and Tourism Management
• • Special programs: Business Diversity Minor with experiential component. Applied Business Computing Minor. Diversity Case Competition. Business Leadership Conference for Freshmen. Diversity Conference. Honors Program Degrees.
• • Work study: A wide variety of employers offer Co-ops which represent industry ties to all Pamplin majors. Work study positions are periodically available in major departments.
• • Study abroad programs: Available during winter or summer breaks as well as semester long programs. Europe, Asia, South America. Programs enrich the college experience and provide firsthand knowledge of global business.
• • Volunteer opportunities: VT and Pamplin believe in the importance of community service. Service learning projects are built into many classes. Most clubs and organizations have a service component. We live the Virginia Tech motto of UT PROSIM: That I may serve.

• Extra-curricular activities:

  • over 35 student organizations are available.

FINANCIAL AID

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

• Scholarships

  • Scholarship money distributed to business students last year: $4,792,621.00
  • Expected scholarship distribution to business students this year: $4,792,621.00
  • Scholarships are awarded to business students based on: a combination of need and merit
  • Students receiving institutional scholarships in the current academic year: 36 %
  • Students receiving full-tuition institutional scholarships in the current academic year: 25 %
  • Institutional scholarship money distributed to undergraduate business students based on need: 42 %
  • Institutional scholarship money distributed to undergraduate business students based on merit: 58 %

• Loans

  • Does the school offer a guaranteed loan to all business students, regardless of nationality?: No
• • Mean outstanding debt, most recent graduating class: $23,816.00

CAREER SERVICES

• Employment Information

  • Percentage of most recent business graduates who supplied information regarding employment: 63 %
  • Percentage seeking full-time professional employment in business: 85 %
  • Percentage not seeking full-time professional employment in business: 15 %
• • Companies recruiting business students on campus: 300
  • Companies posting job offers for business students on school job boards: 500

• Compensation

  • Median base salary : $44,750.00
  • Median signing bonus: $3,500.00
• • Career services offered: Business Horizons job fair; Company Days;Company on-Site Visits;Weekly eNewletters;Company Classroom Presentations;Company Student Group Presentations;Job Board;on-campus interview;Job Search Strategy Sessions;Free Guidebook - Perfect Job Seeker

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 210
  • Companies posting internship offers for business students on school job boards: 350

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 38,470
  • Total living alumni of the undergraduate business program: 36,077
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 13 %

• Alumni gifts

  • Mean Gift: $1,032.00
  • 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

  • Lynne M. Doughtie Vice Chair - Advisory, KPMG, New York, NY
  • David Calhoun Chairman & CEO, The Nielsen Company, Wilton, CT
  • Eugene V. Fife Chairman, VWADER Financial, Charlottesville VA (Former Chairman of Goldman Sachs International)

• • -Virginia Tech does an outstanding job at facilitating external job recruiting opportunities, as well as preparing students for the job world. Also, though a large university, each faculty member I have encountered makes the effort to know their students and be a resource in any way possible. Our business program has an outstanding reputation, and it is all made possible by the teachers, administrative staff, and my wonderful peers.
    
    -When we have job fairs the companies that are there are typically looking for BIT, IT, Accounting, and Finance. You do not get a lot of companies that want marketing (maybe some sales, but zero advertising).
    
    -The program, despite its large size, commits itself fully to supplying all the resources available to provide each individual the best chance to acquire full-time employment upon commencement. Each individual, although one of many, feels as though they receive individual attention from all faculty and staff at the university.
    
    -There should be greater emphasis on getting involved in career fairs earlier and networking with professors and peers to make job searching easier closer to graduation.
    
    -Our Business Program requires all different business majors to take the same core classes, allowing us to be prepared for a job in any field, not just our chosen fields. Our business program also includes a hospitality degree, which most schools do not include in their business programs.
    
    -The lower level business courses could be stronger. I love my in major courses, but core requirements were not always good. The classes are big which I don't mind too much, but often the professors were dull and clearly there for their research. Also, having accounting taught by TAs is just ridiculous in my opinion.
    
    -Virginia Tech focuses on making students ready for the working world right out of college. Great professors, with great working experience have made my experiences at VT very positive.
    
    -Advising could be better. I Have not had good experiences with my advisor however for all I know I could be the exception.
    
    -We have access to an amazing combination of professors with real world experience, as well as amazing resources, including a strong caliber of fellow students, given the size of our University. My classmates and professors are consistently challenging me and encouraging me to further myself. I consistently strive to acknowledge and tap in to my potential. Any student who does not feel this same way may be because they are not utilizing the resources that our professors and programs offer. Once I began developing closer relationships with fellow students and professors I gained even greater knowledge, insight, and advice than ever before.
    
    
    -I feel all classes are taught so that they can be applied in the real world. The professors and help available are amazing. Throughout my time at Virginia Tech my knowledge in the marketing field has expanded tremendously.
    
    -Our program does not focus primarily on academic exercises, but translates how we can use what we have learned in the classroom and the workforce. From speaking with employers, recruiters and partners at firms, they believe that Tech instills a work ethic in its students that is not matched.
    
    -What could make the business program stronger is the geographic range for which employers are demanding students. For the most part, recruiting companies are from the Northern Virginia or Richmond areas which somewhat limits potential post-graduation job searches through the university.
    
    -Pamplin is unique in the sense that it offers all the tools and more for a student to succeed. Pamplin offers a wide range of majors and even more specialized concentrations within their programs so students can focus their time on specific areas of their interest. Faculty is highly trained and conduct field research. Even while doing this research, professors and instructors are almost always available.
    
    -I think they could have more diversity in the type of companies that come to tech and the strength of those companies.
    
    -We have a very strong sense of community at Virginia Tech, a place where students are comfortable in their environment but at the same time feel a push to venture out of their comfort zones and achieve new or continuing goals. The real-world experience that Virginia Tech implements within all assignments is something that must be noted in their continued efforts to prepare the graduates for their post-Bachelor's Degree life.