Program Basics

• • Mason School of Business, The College of William and Mary
  • Mason School of Business,The College of William and Mary
  • Alan B. Miller Hall
  • P.O. Box 8795
  • Williamsburg, Virginia
  • 23185-8795
  • United States
  • Program Web site: http://mason.wm.edu/undergraduate
  • Program e-mail address: undergraduate@mason.wm.edu
  • Program phone number: 757-221-2910
  • Status: Public (state-operated)
• • AACSB accredited: Yes

• Accreditation other than AACSB:

  • SACS
• • Year in which the undergraduate business program was founded: 1968
• • Institution: Four Year
• • Business Program: Two Year

SCHOOL BASICS

• Enrollment:

  • Total undergraduate: 6,071
  • Full-time undergraduate business: 499
  • Part-time undergraduate business:
    
  • Distance undergraduate business:
    
• • College or university freshman retention rate: 95 %

• Percentage of students who graduate from the business program:

  • Within four years of admission to the university: 99 %
  • Within six years of admission to the university:
    

• Undergraduate Business Degrees Offered:

  • BBA/Accounting
  • BBA/Finance
  • BBA/Marketing
  • BBA/Process Management and Consulting

PROGRAM COSTS

• • Annual Tuition (Resident): $8,270.00
• • Annual Tuition (Non-Resident): $30,547.00
• • Annual Required Fees: $5,415.00
• • Tuition Per Academic Credit (Resident): $286.00
• • Tuition Per Academic Credit (Non-Resident): $985.00
• • Annual Room and Board: $8,892.00
• • Annual Cost of Books: $1,150.00

CLASS PROFILE

• Students in newest entering class that are:

  • Female: 41 %
  • International: 11 %

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

  • Mean: 21
    
  • Median: 21

• Percentage of newest entering class:

  • Top 10% of high school class: 67 %
  • Top 25% of high school class: 88 %
  • GPA of 3.75 or higher: 69 %
  • GPA of 3.5 to 3.74: 18 %

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

  • Mean: 1337
  • Median: 1350

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

  • From: 1270
  • To: 1410

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

  • Mean: 30
  • Median: 30

• Middle 50% range of ACT scores:

  • From: 28
  • To: 32

• Citizenship breakdown for newest entering class:

  • US: 86 %
  • Canada: 0 %
  • Other Non-US Citizens: 10 %
  • Dual Citizenship: 4 %
  • Unknown Citizenship:
    

• U.S. citizens in newest entering class:

  • African American: 2 %
  • Asian American: 14 %
  • Hispanic or Latino American: 5 %
  • Multiethnic/Multiracial: 2 %
  • Native American: 1 %
  • White (Non-Hispanic): 56 %
  • Chose not to report: 15 %
  • Other: 5 %

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

  • Northeast: 16 %
  • Mid-Atlantic: 72 %
  • South: 3 %
  • Southwest: 1 %
  • Midwest: 5 %
  • West: 3 %
  • Possessions and territories: 0 %

ADMISSIONS - Getting Into the Institution

• Standardized tests required of all applicants:

  • SAT or ACT for first year applicants
  • 
    
  • 
    
• • Interviews are: Not required

• Application deadlines:

  • Fall 2012 11-01-2011
  • Fall 2012 01-01-2012
  • Spring 2013 11-15-2012
  • Fall 2012 02-15-2012
• • Additional application requirements: Please refer to the website for additional information. http://www.wm.edu/admission/undergraduateadmission/applicationprocess/index.php
• • Total undergraduate applicants, all programs: 12,825
• • Percentage of applicants admitted: 35 %
• • Percentage of admitted applicants who enrolled: 33 %
• • International applicants: 5 %
• • Female applicants: 41 %

• Relative Importance of Application Elements

  • Secondary school record: Very Important
  • Class rank: Very Important
  • Talent/ability: Very Important
  • Interview: Important
  • Extracurricular activities: Very Important
  • Volunteer work: Important
  • Character/personal abilities: Important
  • Application essay: Very Important
  • Work experience: Important
  • SAT/ACT scores: Important
  • Recommendations: 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: 336
  • Percentage of applicants admitted: 70 %
  • Percentage of admitted applicants who enrolled: 95 %
• • Entrance exam other than the SAT/ACT required for admission to the undergraduate business program?: No
  • What exam other than SAT/ACT is required?:
    
• • Admissions interviews for the undergraduate business program are: Not offered

• Freshman admission:

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

• Internal transfers:

  • Method for handling internal transfers: Other
  • Minimum college GPA for internal transfers to the business program:
    
  • Additional application requirements, including course/grade requirements: Most students (both majors and minors) enter the program in the fall of junior year, applying during the spring of sophomore year for admission the following fall. We also accept applications in the fall for admission in the upcoming spring. Early admission available for students studying abroad in the semester immediately before entering business program. For more info: mason.wm.edu/bba
    For more info: mason.wm.edu/bba

CAMPUS LIFE

• Five largest on-campus organizations for business students:

  • Beta Gamma Sigma
  • Finance Academy
  • Gibbs Accounting Society
  • Net Impact
  • Student Marketing 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 120
  • 
    
  • 
    

• Other requirements for the undergraduate business degree

  • Prereqs: Econ, Stats, CaIc and Acct. Core (23 hrs): Acct, Finance, Mktg. Process Mgt/Consulting, Info Systems, Ops Mgt, B-Law, Org Behavior, and Strategic Mgt. Major (12 hrs): Acct, Finance, Mktg, Process Mgmt/Consulting. More info: mason.wm.edu/bba

ACADEMICS

• Average class size:

  • Required business classes: 39
  • Business electives: 17
  • Non-business electives:
    

• Percentage of business classes:

  • With 20 or fewer students: 24 %
  • With 21 to 50 students: 73 %
  • With more than 50 students: 2 %

• Course enrollment:

  • Percentage of required business courses reached maximum enrollment by the first day of class in the previous academic year (2009-2010):
    
  • Percentage of required business courses reaching maximum enrollment by the first day of class: 29 %
  • Percentage of required business courses with waiting lists:
    

CURRICULUM

• Electives:

  • Available business electives: 46
  • New electives: Hedge Fund Management
• • Last curriculum overhaul: 2011
  • Total business faculty: 53
  • Percentage of the total faculty that is tenured or tenure track: 68 %

• Most prominent faculty:

  • Herrington Bryce
  • Rajiv Kohli
  • Karen Locke

• Business program's leading areas of study:

  • • Accounting
    • Consulting
    • Finance
    • Marketing
    • Other
  • Other leading area of study:
    
• • Special programs: Each business major develops an individual program of study that uniquely addresses their particular interests. Many students include study abroad, a secondary area of business study, interdisciplinary study in Arts & Sciences, and research with faculty. Specialized opportunities in 11-12 include: seminars in healthcare informatics. sports marketing, and applied financial concepts; faculty-student research grants; forensic accounting; international financial reporting; environmental consulting.
• • Work study:
    
• • Study abroad programs: The Mason School of Business aspires to have every business undergraduate study abroad. Our curriculum has been designed to allow students to study abroad in the spring of their 2nd or 3rd year. We also offer an early admission option for students studying abroad in the semester immediately before entering the business program. In 201 1-12. we have specialized programs in Southeast Asia. Budapest, and Guatemala. To learn more about where you can study abroad, visit us at: mason.wm.edufbba.
• • Volunteer opportunities: In the past year, business students raised money for Special Olympics, provided labor in a local House Build, engaged in outreach through the Social Entrepreneurship Corps, and continued our four-year partnership with an elementary school in Cambodia (http://mason.wm.edu/programs/undergraduate/cornmun ity/service/index.php). Many business students also volunteer through the College’s Office of Volunteer Services: http://www.wm.edu/offices/oces/index.php

• Extra-curricular activities:

  • Student Marketing Association
  • Finance Academy
  • Gibbs Accounting Society
  • Mason Diversity Ambassadors
  • Net Impact
  • Beta Gamma Sigma
  • Investment Club
  • Sports Business Club

FINANCIAL AID

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

• Scholarships

  • Scholarship money distributed to business students last year: $1,627,225.00
  • Expected scholarship distribution to business students this year: $1,865,920.00
  • Scholarships are awarded to business students based on: financial need
  • Other criteria for scholarship consideration:
    
  • Students receiving institutional scholarships in the current academic year: 31 %
  • Students receiving full-tuition institutional scholarships in the current academic year: 6 %
  • Institutional scholarship money distributed to undergraduate business students based on need:
    
  • Institutional scholarship money distributed to undergraduate business students based on merit:
    

• Loans

  • Does the school offer a guaranteed loan to all business students, regardless of nationality?:
    
  • Maximum amount a student can borrow per year regardless of nationality?:
    
• • Mean outstanding debt, most recent graduating class: $25,231.00

CAREER SERVICES

• Employment Information

  • Percentage of most recent business graduates who supplied information regarding employment: 83 %
  • Percentage seeking full-time professional employment in business: 72 %
  • Percentage not seeking full-time professional employment in business: 28 %

• Received first job offer:

  • By graduation: 60 %
  • After graduation, but within 3 months: 12 %
  • More than 3 months after graduation : 3 %
  • No job offer reported: 25 %

• Accepted first job offer:

  • By graduation : 60 %
  • After graduation, but within 3 months: 12 %
  • More than 3 months after graduation: 3 %
  • No job acceptance reported: 25 %
• • Companies recruiting business students on campus: 73
  • Companies posting job offers for business students on school job boards: 545

• Top employers (number of students hired):

  • IBM 7
  • CGI 5
  • Booz Allen Hamilton 5
  • Ernst & Young 5
  • KPMG 4
  • Deloitte Consulting 3
  • J P Morgan 3
  • EPIC Systems 3
  • PricewaterhouseCooper 3
  • Capital One 2
  • MediaVest 2
  • Advisory Board 2
  • SRA International 2
  • Deutsche Bank 2
  • Deloitte 2

• Compensation

  • Mean base salary: $52,427.00
  • Median base salary : $56,000.00
  • Mean signing bonus: $5,609.00
  • Median signing bonus: $4,000.00
  • Mean other guaranteed compensation:
    
  • Median other guaranteed compensation:
    

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

  • Consulting: 20 %
  • Finance/Accounting: 32 %
  • General Management: 5 %
  • Human Resources: 0 %
  • Management Information Systems: 7 %
  • Marketing/Sales: 22 %
  • Operations/Production: 7 %
  • Logistics/Transportation: 2 %
  • Other: 5 %

• Most recent graduates accepted jobs in the following industries:

  • Accounting: 11 %
  • Consumer Products/Retail : 12 %
  • Consulting: 21 %
  • Financial Services: 17 %
  • Government/Education: 7 %
  • Pharma/Biotech/Health: 7 %
  • Manufacturing: 3 %
  • Media/Entertainment: 6 %
  • Petroleum/Energy: 0 %
  • Real Estate: 0 %
  • Sports/Leisure: 3 %
  • Technology/Science: 10 %
  • Non-Profit: 1 %
  • Transportation: 0 %
  • Utilities: 0 %
  • Other: 2 %

• 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: 23 %
  • Mid-Atlantic: 63 %
  • Midwest: 6 %
  • South: 3 %
  • Southwest: 2 %
  • West: 3 %
  • Possessions and territories: 0 %
• • Career services offered: The Undergraduate Business Program partners with the College’s Career Center to provide students with resources to aid in career exploration and planning. This includes workshops, programs, events, online tools, on-campus recruiting for internships and employment and professional and graduate school advising. More details are available at http://www.wm.edu/offices/career/students/index.php and http://mason.wm.edu/programs/undergraduate/careers/index.php.

INTERNSHIPS

• • Companies recruiting business students for internships on campus: 42
  • Companies posting internship offers for business students on school job boards: 520

• Top internship employers (number of students hired):

  • Ernst & Young 5
  • KPMG 3
  • PricewaterhouseCoopers 3
  • Deloitte Consulting 2
  • Goldman Sachs 2
  • Deutsche Bank 2
  • J P Morgan 2
  • FTI Consulting 2
  • Navigant 2
  • Atlantic Media 2
  • CGI 2
  • DataXStream 2
  • Lumber Liquidators 2
  • Smithsonian 2
  • BB&T 2

• Internship pay

  • Internships that are paid: 60 %
  • Mean compensation, per week, for paid internships only: $710.00
  • Median compensation, per week, for paid internships only: $600.00
  • Average internship length, in weeks: 10

B-SCHOOL ALUMNI

• • Total number of undergraduate business program graduates since inception: 8,244
  • Total living alumni of the undergraduate business program: 7,652
  • Percentage of living alumni who contributed to the business program or university in the last academic year: 28 %

• Alumni gifts

  • Mean Gift: $2,508.00
  • Median Gift: $200.00
  • Did the business program receive a gift of $10 million or more in the last academic year? No
  • Donor and Amount:
    

• Prominent alums of the undergrad business program

  • Paul C. Saville President and CEO of NVR Incorporated
  • H. Thomas Watkins. III President and CEO of Human Genome Sciences, Inc.
  • Kathryn McQuade Executive Vice President and CFO of Canadian Pacific Railway

• • -The faculty members are incredibly intelligent and have tremendous work experience. The classes, particularly the upper level business classes are small and encourage class participation. The faculty is extremely accessible and all the professors are interested in forming meaningful and lasting relationships with the students.
    
    -In my opinion, the only thing that I would change about the program is the number of required and elective classes you have to take. I would have preferred to be able to take more elective classes that I am more interested in and less of the classes that are required that I feel may not be a beneficial later in life.
    
    -It's such a small community you truly get to know everyone, and you share a certain pride to be a part of the business school. In addition, the caliber of students is so unique and talented that my classmates are always surprising me.
    
    -They could bring in firms to recruit other than mainly consulting firms and accountant firms. At this point this is all I have really seen. I have been told that there are more marketing oriented jobs that come to campus next semester but I am just a bit nervous since I have no real prospects and I refuse to move back home and I am graduating next semester.
    
    -Our business program is very unique in that it provides an Ivy League education at a public school tuition rate. William and Mary provides an outstanding education and has an enormous alumni connection program. The school has not only molded myself, and other students, into well-rounded businessmen and women.
    
    -I think it is often difficult being in Williamsburg, far from big cities that have strong business opportunities. If we could create stronger relationships with executives in cities like NYC, DC, and Chicago, that could improve our job offerings.
    
    -The Mason School of Business focuses on giving all its students real skills that we can use in the workplace. From a large focus on teamwork to lots of work on presentation skills; the school is consistently working to make us prepared for the real world.
    
    -The classes that are required as part of the core requirements for a business major are very poorly done (i.e. non-major classes like Operations Technology, Strategic Management). I have not received any added value or knowledge by taking these courses and my GPA has been lowered due to them. The foundation semester for business students is too hectic, chaotic, and fosters more negative competition than teamwork amongst groups.
    
    -We are placed into teams from Day 1 of entering the business school, and we are in a physical environment and learning environment that very much simulates being in a corporate situation.
    
    -The career center could do more to help students with internships. They are currently in the process of revamping how they do things, though, so I am hopeful that this will improve soon.
    
    -Our Foundation Semester is fabulous. The first semester at Mason all the majors take the same four core classes in 4 groups of 40-50 students. We are placed into teams within these "blocks" so we can do all of our projects for all of the 4 classes with the same team of people.
    
    -I feel that a stronger alumni base to aid students in building their network is the only thing holding William & Mary back from moving even higher up in the rankings. The facilities are exceptional, and the academic rigor is unparalleled by any institution.
    
    -We have a very tight-knit community for an academic department. There is a level of separation and distinction, but the students are still part of the W&M community as a whole. Everything is very integrated within the business school, which makes sometimes very annoying but is overall a good idea.
    
    -Faculty holds students to very high standards. Grades are earned, not given. Also, students hold themselves and their peers to very high standards and it fosters a very strong and competitive learning environment.