November 12, 2009

Best Undergrad B-Schools: Recruiting is up, salary offers are higher, and there are major changes in our Top 50 undergrad business programs

Plus slide show: The Top 25 Schools

Rankings and Profiles: In-depth data on more than 100 undergrad business programs

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Grading the Schools The methodology behind our undergraduate business program ranking

Minor Solution to Major Problem More undergrads are minoring in business to shore up their credentials in the job market

Make Your Own Ranking: Our interactive table allows you to rerank 93 schools according to criteria you select

Return on Investment For the biggest bang for the buck head south

Experience Wanted Some programs excel at placing interns

Cracking the Books At most schools two hours of studying a day is enough

FAQs Learn more about our school rankings

2006 UNDERGRAD B-SCHOOL PROFILE

Pennsylvania State University

The Mary Jean and Frank P. Smeal College of Business Administration

The Mary Jean and Frank P. Smeal College of Business

Address:

Penn State University
202 Business Building
University Park, PA
US 16802

Program E-Mail

Program Web site

Getting In

Academics & Lifestyle

Careers & Alumni Affairs

Student Comments

THE FULL-TIME JOB HUNT

The school has information regarding the employment of 21.00% of 2005 graduates

Of 2005 graduates...

90.10% were seeking full-time professional employment in business

N/A% were not seeking employment

N/A% were already employed

8.90% were planning to continue their education immediately after graduation

N/A% were postponing their job search

N/A% were planning to start their own business

1.00% of those not working were doing so for other reasons

373 companies recruited business students on campus from June 30, 2004 to June 30, 2005

785 companies posted full-time job offers for undergraduate business students on the school's job boards from June 30, 2004 to June 30, 2005

Of 2005 job-seeking graduates...

N/A% received their first job offer by graduation

81.00% received their first job offer within three months of graduation

10.70% received their first job offer more than three months after graduation

8.30% did not report having received an offer

Top 10 recruiting firms that hired the most graduates in the past academic year

Johnson & Johnson	27
KPMG LLP	30
PricewatershouseCoopers
IBM Corporation	40
Wells Fargo Financial	17
Pepsi Bottling Group	7
NVR Ryan Homes	36
Accenture	44
Ferguson	11
General Electric	12

Historic Salary Prospects for 2005 Grads (school reported)
Of graduates providing usable salary information
Average base salary	$41,400
Median base salary	$N/A
Average signing bonus	$N/A
Median signing bonus	$N/A
Average other guaranteed compensation	$N/A
Median other guaranteed compensation	$N/A

CAREER DIRECTIONS

1% of 2005 graduates who accepted jobs did so in the following function areas

Finance (includes corporate finance, investments, treasury and financial analysis, public finance, etc.)	20.00%
Accounting/auditing	16.00%
General Management	9.00%
Human Resources	2.00%
Marketing/Sales (includes public relations, product management, market research, advertising, etc.)	19.00%
Management Information Systems	12.00%
Operations	3.00%
Logistics/Transportation	11.00%
Other	8.00%

Share of 2005 graduates who accepted jobs did so in the following industries

Government (includes federal, state, local, military)	N/A%
Manufacturing	N/A%
Non-Profit (includes trade associations, religious organizations, charities, etc.)	N/A%
Services	N/A%
Other	N/A%

100.00% of 2005 graduates accepted jobs in the U.S. Here's the regional breakdown on job acceptances in North American regions:

Northeast (ME, VT, NY, NH, CT, MA, NJ, RI)	20.00%
Mid-Atlantic (PA, MD, VA, WV, DE, DC)	75.00%
South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS)	4.00%
Southwest (CO, AZ, TX, OK, NM)	N/A%
Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL)	1.00%
West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY)	N/A%
U.S. possessions and territories (America Samoa, Palau, Guam, Puerto Rico, Virgin Islands)	N/A%
Canada	N/A%

INTERNSHIPS

104 companies recruited internship-seeking undergraduate business students on campus from June 30, 2004 to June 30, 2005

235 companies posted internships for undergraduate business students on school job boards from June 30, 2004 to June 30, 2005

Top 10 Recruiting Firms for Internships

Johnson & Johnson	71
Merrill Lynch	43
KPMG LLP	26
PricewaterhouseCoopers	22
AstraZeneca Pharmaceuticals LP	17
Legg Mason Wood Walker: Uniloever	13
IBM Corporation	12
Hershey Foods	11
Exelon: General Electric	10
Deloitte & Touche: Ernst & Young: Target	9

80.30% of internships were paid.

Average compensation per week	$563.00
Median compensation per week	$N/A
Average internship length (weeks)	13

ALUMNI AFFAIRS

12.00% of living undergraduate business alumni contributed to the program/university some time between June 30, 2004 and June 30, 2005

Of those who contributed...

The average gift was	$582.00
The median gift was	$N/A

From June 30, 2004 to June 30, 2005, the undergraduate business program has not received any individual gift in excess of $10 million

Prominent Alumni

John Surma	Chairman US Steel Corporation
Joan Amble	Executive Vice President, Comptroller American Express
James Stengel	Global Marketing Officer Procter & Gamble