UNDERGRADUATE Profiles Publish Date 03/06/08

Boston College

Carroll School of Management

Getting In

PROGRAM BASICS

The Carroll School of Management

Fulton Hall 360
Boston College ,
Chestnut Hill , Massachusetts 02467

Private Institution

Program telephone number:

(617) 552-3932

AACSB accredited:

Yes

Year in which the undergraduate business program was founded:

1938

Length of entire institution:

Four Year

Business program length:

Four Year

Degrees offered:


Degree/Program Name: BS, Management

SCHOOL BASICS

Web site

http://www.bc.edu/schools/csom/

Program e-mail address:

carrollundergrad@bc.edu

PROGRAM COSTS

Tuition (Resident):

$  35,150

Annual Tuition (Non-Resident)

$  35,150

Required fees

$  524

ENROLLMENT

Full-time undergraduate business student enrollment:

1970

College enrollment for 2007-2008:

9081

ADMISSIONS

Required standardized tests for entire college:


Either the SAT I test and two SAT Subject Tests
Or the ACT with Writing Exam

Interviews for entire college:

Not offered

Additional application requirements for entire college:


In addition to the standardized tests above, international students must submit TOEFL scores of at least a 600 on the paper-based TOEFL (PBT), or 250 on the Computer Based TOEFL. For transfer admission, a minimum G.P.A. of a 3.0 is required to submit a transfer application. Transfer students must also have completed at least 3 more transferable courses at a regionally accredited college or university before applying.

Application deadline for entire college:


Fall 2008: 1/1/08
Spring 2009: 11/1/08

Freshmen admitted into business program:

Yes

Percent of freshmen admitted into business program:

86 %

Other requirements to earn degree:

No

Freshmen admitted by:

Indicate interest on university application

Minimum requirements for business program:

Entrance exam requirement other than SAT/ACT for business program:

No

Interview to enter business program:

Not offered

Other requirements for business program:


N/A

Minimum college GPA for internal business program transfers:

3.8

Additional requirements for internal transfers:


Calculus complete at time of application

Total number of full-time applications for entire college:

28850

Percent of international applicants for entire college, 2007-2008:

6 %

Percent of female applicants for entire college, 2007-2008:

57 %

Percent of accepted full-time applicants (selectivity) for entire college:

27 %

Percent of full-time accepted applicants who enrolled (yield) for entire college:

29 %

Relative Importance of Application Elements:

Secondary School Record

Very Important

Class Rank

Important

Talent/Ability

Important

Interview

Not Considered

Extracurricular Activities

Important

Volunteer Work

Important

Character/Personal Abilities

Important

Application Essay

Important

Work Experience

Considered

SAT/ACT Scores

Very Important

Recommendations

Important

High School GPA

Very Important

Admissions program managed by:

The university admissions office

Applicants enrolled in program (yield):

36 %

Applicants admitted (selectivity) to program:

23 %

Total undergraduate business program applicants:

6223

CLASS PROFILE

Demographic Breakdown:


Female: 32 %
International : 3 %

Entering students by age:


Mean: 18
Median: 18

Citizenship


U.S.: 97 %
Canada: 0.2 %
Other countries: 2.1 %
Unknown: 0.6 %

Percentage of students who are:


African American: 4 %
Asian American: 16 %
Hispanic or Latino American: 9 %
Native American: 0.4 %
White (Non-Hispanic): 67 %
Chose not to report: 1.6 %
Other: 2 %

Students from the following region:


U.S.: 97 %
Northeast: 64 %
Mid-Atlantic: 9 %
South: 8 %
Southwest: 3 %
Midwest : 9 %
West: 7 %
Possessions and territories: 0 %

SAT Scores for full-time entering business students:


Mean: 1324
Median: 1345

SAT middle 50% range:


From: 1270
To: 1400


ACT Scores for full-time entering business students:


Mean: 29
Median: 30


ACT middle 50% range:


From: 28
To: 31


Percent of Students Who Were In:

Top 10% of high school class

75 %

Top 25% of high school class:

96 %

FINANCIAL AID

Financial aid handled by:

Central financial aid office at the university

Scholarship money distributed:

$  14,016,808

Scholarship money distributed in 2007-2008:

$  14,143,528

Scholarships awarded to students in the business program based on:

a combination of need and merit

Other scholarship considerations:


N/A

Students receiving scholarships for 2007-2008 academic year:

34 %

Undergraduate business students with full-tuition scholarships:

6 %

Percentage of need-based scholarships in 2007-2008 year:

98 %

Percentage of merit-based scholarships:

2 %

Scholarship consideration process:

as part of the admissions application

School offers guaranteed loans:

No

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

92 %

Business students who graduate within 6 years:

95 %

Freshman retention rate:


Entire institution: 95 %
Business program: 98 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:


Degree: 115

Other degree requirements:


Foreign language proficiency

ACADEMICS

Average class size in required business courses:

46

Average class size in business electives:

32

Class size:


Classes with fewer than 20 students: 36 %
Classes with 21 to 50 students: 54 %
Classes with more than 50 students: 10 %

CURRICULUM

Number of elective courses available in business program:

71

Electives added since June 2006:


Derivatives and Risk Management; Customer Relationship Management
Managing Projects; Sports Law; Insurance
Seminar: Entrepreneurial Finance
Senior seminr: Business Ethics

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

1992

Leading areas of study:


Accounting
Economics
Finance
Management Information Systems
Marketing

Special programs for business students:


An International Studies for Management minor; a "field study" course, Tech Trek

Business program offers work study or co-op opportunities:

No


N/A

Business program offers study abroad opportunities:

Yes

Study abroad program description:


We make use of the university's Office of International programs for academic year study abroad; there are over 50 options. On occasion, we sponsor single courses abroad during the summer session.

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:


In addition to the university programs, which include service learning and immersion service trips, we sponsor an international micro-finance trip to Bolivia and pursue a number of community-based social entrepreneurship projects.

Business clubs and extracurricular activities:


Entrepreneur's Society
Consulting Club
Finance Academy
Marketing Academy
Accounting Academy
SIFE
several case competitions or leadership programs

FACULTY

Faculty:


Full-time faculty : 60
Adjuncts and visiting faculty: 55
Permanent/tenured professors: 27
Percentage of permanent/tenured professors who are women: 37
Percentage of permanent/tenured professors who are underrepresented minorities: 3.7
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

STUDENT LIFE

Largest on-campus organizations for business students:


Finance Academy
Accounting Academy
Marketing Academy

Freshmen are required to live on campus:

No

Business students are grouped in learning communities:

No

TECHNOLOGY

Wireless network available:

Yes

Technological improvements made in the last three years:


Boston College regularly seeks to improve technology on campus. The majority of campus buildings have wifi access, and all dorm rooms are able to connect to the network. An increasing number of Professors also post some course content through WebCt.

Trading laboratory available:

No

COMMENTS


500 chars. difficult for CC services; Question about jobs posted on "school's Job boards:" a school, like BC, that uses Monster & Experience & NACE as job boards has a number of jobs far exceeding the 9999 that fit in the field.

Alumni Affairs & Careers

ALUMNI

Total program graduates since inception:

26655

Total living alumni:

24772

Percent of alumni who gave, 2006-07 academic year:

25 %

Mean alumni gift:

$  3,296

Median alumni gift:

$  184

Single donation in excess of $10 million?

No

Prominent alumni:

CAREER SERVICES

Percent of 2007 graduates who provided employment information:

40 %


Seeking full-time employment in business: 88 %
Not Seeking full-time employment in business: 12 %

Number of companies recruiting undergraduate students:

434

Companies that posted full-time job offers/positions between July 1, 2006 to June 30, 2007

9999

Other activities and services provided for business majors:


Counselor for CSOM 2.5 days/week; counseling; Internship, Recruiting, AHANA, International student programs; counselors in classes; co-sponsor events: Academic Advising, Intersections, Alumni; Career Launch, Technology, Wall St. Councils, Council/ Women; drop-ins; interview workshops, practice; resume workshops, critiques; internship, career fairs; consortia, virtual fairs; Alumni Network; electronic resume books; Employer-in-Residence; information sessions, corporate presentations; Lunch/Learn; weekly employers: industries, internships; eNewsletters

Job offer results, class of 2007:


Received first job offer by graduation: 76 %
Received first job offer in three months following graduation: 12 %
Received first job offer more than 3 months after graduation: 8 %
Did not report having received a job offer: 4 %
Accepted first job offer by graduation: 75 %
Accepted first job offer in three months following graduation: 12 %
Accepted first job offer more than 3 months after graduation: 9 %
Did not report having accepted a job offer: 4 %

Top hiring firms 2006-2007:


Company Name/ No. Hired: Ernst & Young/12
Company Name/No. Hired: Citigroup/9
Company Name/No. Hired: Deloitte & Touche/9
Company Name/No. Hired: KPMG/9
Company Name/No. Hired: UBS/8
Company Name/No. Hired: Deloitte Consulting/6
Company Name/No. Hired: L.E.K. Consulting/6
Company Name/No. Hired: PricewaterhouseCoopers/6
Company Name/No. Hired: General Electric/5
Company Name/No. Hired: State Street/5
Company Name/No. Hired: Barclays Capital/4
Company Name/No. Hired: CIT Group/4
Company Name/No. Hired: EMC/4
Company Name/No. Hired: Liberty Mutual/4
Company Name/No. Hired: Accenture/3
Company Name/No. Hired: Bank of America/3
Company Name/No. Hired: Goldman Sachs/3
Company Name/No. Hired: Lincoln Financial Group/3
Company Name/No. Hired: JPMorgan Chase/3
Company Name/No. Hired: Macy's/3

Graduate compensation:


Mean base salary: $  49285
Median base salary: $  50000
Mean signing bonus: $  5549
Median signing bonus: $  4000
Mean other guaranteed compensation: $  N/A
Median other guaranteed compensation: $  N/A

Grads accepted jobs in following functional areas:


Consulting: 10 %
Finance/Accounting: 59 %
General Management: 4 %
Human Resources: 3 %
Management Information Systems: 1 %
Marketing/Sales: 16 %
Operations/Production: 1 %
Logistics/Transportation: 0 %
Other: 6 %

Grads accepted jobs in following industries:


Accounting: 13 %
Consumer Products/Retail: 5 %
Consulting Services: 15 %
Financial Services: 42 %
Government/Education: 4 %
Pharma/Biotech/Health: 2 %
Manufacturing: 4 %
Media/Entertainment: 1 %
Petroleum/Energy: 0 %
Real Estate: 0 %
Sports/Leisure: 0 %
Technology/Science: 0 %
Non-Profit: 2 %
Transportation: 1 %
Utilities: 1 %
Other: 11 %

Percentage of job acceptances, US and Canada:


US: 100 %
Canada: 0 %

Grads accepted jobs in the following regions:


Northeast: 77 %
Mid-Atlantic: 5 %
Midwest: 8 %
South: 3 %
Southwest: 0 %
West: 5 %
US Possessions/Territories: 1 %

Number of companies recruiting interns on-campus, 2006-07 academic year:

94

Internship postings for 2006-2007:

7000

Top internship recruiters:


Company/No. Hired: Deloitte & Touche *ALL COMPANIES ON THIS LIST ARE ESTIMATES
Company/No. Hired: Pricewaterhouse Coopers
Company/No. Hired: Ernst & Young
Company/No. Hired: KPMG
Company/No. Hired: UBS
Company/No. Hired: JPMorgan Chse
Company/No. Hired: Goldman Sachs
Company/No. Hired: Bank of America
Company/No. Hired: Citigroup
Company/No. Hired: Deloitte Consulting
Company/No. Hired: Accenture
Company/No. Hired: Liberty Mutual
Company/No. Hired: EMC
Company/No. Hired: Lehman Brothers
Company/No. Hired: JPMorgan Chase

Paid internships:

65 %

Mean internship compensation per week:

$  0

Median internship compensation per week:

$  0

Average internship, in weeks:

10

Graduate Comments

BC is career-oriented - from the real-world lessons to the impressive alumni network - and the students love it.

We utilize a unique combination of business courses with liberal arts courses, so graduates from the Carroll School of Management are well-rounded individuals well-suited to enter the workforce. We have great instructors across a very broad range of business disciplines, which is ideal because very few students know which narrow field they want to truly pursue and this allows many doors to be open. Graduates from the Carroll School of Management have both the technical as well as personal skills that are absolutely necessary in today's global business environment.

There really is a strong Alumni network that actively seeks new analysts in our business school. Professors maintain a connection with these people and relay the information to us. Professors also are very in tune with jobs after college and are always taking what we are learning in the classroom and applying it to the real world experience, and how to adequately prepare us for that experience.

There is such a strong emphasis on the real-world implications of what we are being taught. Most of the professors have a great deal of experience where they had to apply what they are now teaching us, and the result is an excellent balance between business theory and practicality. For instance, the Basic Finance Honors professor, Elliott Smith, literally gives students cases of situations he faced as chairman of his own start-up. The result is that students are better prepared than most to handle both interviews and assignments once they become employed. Another distinguishing factor is the motivation of the students--a professor I had who had been a T.A. at Penn said the top 10% of B.C. finance students were easily as driven, if not more so, than the top 10% of finance students in Wharton.

The alumni network is absolutely invaluable and the professors genuinely care about students. When you graduate from business school at BC, there is a whole network of Eagles waiting to help you along the way.

It's no secret that Boston College prides itself on the quality of its alumni relations and their strategy of carefully networking alumni with BC seniors to secure these students with successful careers. Not only does this strategy establish a significant Boston College presence at 'brand name' firms, but it also strengthens their alumni relations. Happy alumni will be more than willing to extend a hand to their alma mater, more so than a graduate that was hard-pressed to find a job that they truly enjoyed, and that was lucrative as well.

CSOM is an amazing program among many others at Boston College. The Carroll School of Management is filled with sharp, brilliant minds who are also down to earth (which is hard to find among intelligent individuals). The business teachers honestly form strong relationships with their students that last the entire four years. Finally, BC is just the most fun place to be. Hands down.

The amazing alumni network since graduates from Boston College love to help out students who attend their alma mater. Alumni from BC will go out of their way if it can benefit another BC grad/student. The community is very close and rewarding. Additionally, recruiters from companies who come to campus are, 95% of the time, BC grads who are there to get as many BC kids into their respective company.

The Carrol School of Management Business program is definitely one of the best in the world and it really deserves more recognition than it currently has. I have learned with some of the best professors, most of whom are nationally recognized in their field of expertise. This has truly been a growing experience for me and more than anything has motivated me to be a leader in the world's economy by applying all my skills, while doing so ethically. You can't excel in an environment that you are not taking care of ethically.

Stereotypes depict business school students as money-hungry, souless creatures. I have found this to be as far from the truth a possible. Since I joined the business school, I have been treated warmly by each administrator I've met. The teachers have shown me so much care and attention. Joining the business school made my academic experience at Boston College. I couldn't have had a better run.

Our business school is extraordinarily unique because it operates within a very well rounded university. Business school students are required to take a large university-wide core that includes history, philosophy, foreign language and more. As a result, Boston College students enter the business world as people who can not only thrive in the most intellectually demanding fields, but who are also likeable on a personal level. Based on what I've seen during multiple finance internships, those qualities often combine to catapult Boston College alumni to the tops of powerful businesses.

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