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Undergraduate business students with full-tuition scholarships 2009-10:
2  %

Percentage of institutional scholarship money distributed to business students based on merit, 2009-10 year:
25  %

Percentage of institutional scholarship money distributed to business students based on need, 2009-10:
75  %

  Scholarship consideration process:
All candidates are considered for scholarships

  School offers guaranteed loans:
No

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PROGRAM BASICS
Institutional freshman retention rate:
93  %

Business students who graduate within four years:
85  %

Business students who graduate within 6 years:
96  %

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PROGRAM REQUIREMENTS
Credit hours required for graduation:

Degree: BS
Hours: 120

Other degree requirements:
Foreign language and international culture requirements. Discipline specific writing intensive course, business law, business ethics, and capstone business analysis requirements.

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ACADEMICS
Average class size in required business courses:
41

Average class size in business electives:
38

Average class size in non-business electives required for admission to business program:
47

Class size:

Classes with fewer than 20 students: 17  %
Classes with 21 to 50 students: 61  %
Classes with more than 50 students: 22  %

Required business courses that reached maximum enrollment by the first day of class, previous academic year:
30  %

0  %

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CURRICULUM
Number of elective courses available in business program:
54

Electives added in current academic year:

Advanced Financial Analysis
Knowledge Management in Consulting Firms
Sports Marketing
Economics of Biotechnology Pharmaceuticals and Health Insurance
International Business in Emerging Nations

Year of the last major change to the business program's core curriculum:
2009

Leading areas of study:

Accounting

Finance

General Management

Marketing

Supply Chain Management


Special programs for business students:
Minors in Business Law, International Business, Information Systems Management, and Supply Chain & Information Technology

  Business program offers work study or co-op opportunities:
Yes

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Work study opportunities description:
Several opportunities exist for Smeal College students from the college's central co-op program to several specialized programs with academic departments. In addition the University offers co-op opportunities for all students at the University.

  Business program offers study abroad opportunities:
Yes

Study abroad program description:
Annually over 400 business students study abroad in approximately 60 programs located in 30 countries. The programs are co-sponsored by the Smeal College and the University's Office of Education Abroad. Students can study abroad for a full semester or participate in a six week summer program.

  Volunteer work and community service opportunities:
Yes

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Volunteer opportunities description:
Smeal College business fraternities and student organizations participate in a broad range of local community service activities and organize their own service activities to assist local, national and international charities. The centerpiece of student volunteerism is the annual Penn State Dance Marathon (THON), which is the largest student-run philanthropy in the world raising over 6 million annually for the fight against pediatric cancer.

Business clubs and extracurricular activities:

Over 30 Business Clubs Fraternal Business Groups and Honorary Scholastic Organizations
Annual CEO simulation competition co-sponsored with the Center for Strategic and International Studies in Washington DC
Annual Case Competitions at Johnson & Johnson University of Southern California and Ohio State University
On-campus Business and Society Interest House (BASH)
Annual Smeal College Diversity Awareness Conference sponsored by Smeal College students
Nittany Lion Fund - Live Trading Room experience
Sapphire Leadership Development Program
Executive Speaker Series and Alumni Job Placement Networking System entitled Smeal Connect

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CAMPUS LIFE

Largest on-campus organizations for business students:


Penn State Marketing Association
Women in Business
Penn State Investment Association
Financial Management Association
Supply Chain Management Association

  Freshmen are required to live on campus:
Yes

  Business students are grouped in learning communities:
Yes

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FACULTY
Faculty:

Full-time faculty : 140
Adjuncts and visiting faculty: 16
Permanent/tenured professors: 80
Percentage of permanent/tenured professors who are women: 23
Percentage of permanent/tenured professors who are underrepresented minorities: 3

Prominent faculty:

Jennifer Chang Coupland
Mark Dirsmith
Robert Novack

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B-SCHOOL ALUMNI
Total number of undergraduate business program graduates since inception:
62,401

Total living alumni:
60,450

Percent of alumni who gave, 2008-09 academic year:
18  %

Mean alumni gift 2008-09:
$  772

Median alumni gift, 2008-09:
$  100

  Single donation in excess of $10 million in 2008-09?
No


Prominent alumni:

Name: John P. Surma
Title: Chairman, President and CEO, United States Steel Corp.
Name: Patricia A. Woertz
Title: Chairman, President and CEO, Archer Daniels Midland Co.
Name: William Schreyer
Title: Chairman Emeritus, Merrill Lynch & Co., Inc