Wake Forest University – Wake Forest School of Business

Wake Forest School of Business

Wake Forest University

http://business.wfu.edu/

Winston-Salem Undergraduate
1834 Wake Forest Road
Kirby Hall
Wake Forest University
Winston-Salem, NC 27106

Wake Forest University first established a business program in 1949.  Today, Wake Forest School of Business emphasizes teamwork and ethical behavior with an international outlook to best prepare students to be leaders in an ever changing global business world.  Wake Forest School of Business strives to make sure every student can accurately and clearly articulate their positions on issues and policies both in writing and in presentations.  One of the ways that Wake Forest School of Business accomplishes those goals is by keeping class sizes small and making sure students get the attention they need.

Undergraduate School

Background:

• Wake Forest University first established a business program in 1949.
• The type of degree graduates receive is a Bachelor of Science (BS) and it can be in one of four areas at Wake Forest School of Business: BS in Accountancy, BS in Business and Enterprise Management, BS in Finance and a BS in Mathematical Business.
• The typical length of program at Wake Forest School of Business is two years.
• Wake Forest School of Business is accredited by the AACSB.

Faculty:

• More than 90% of the faculty holds their PhDs.
• Roughly 35% of the faculty members serve on the board of directors for companies. About 38% of the faculty members have experience running their own companies and roughly 80% of the faculty members have work, teaching, consulting, or research experience internationally.
• The student to faculty ratio at Wake Forest School of Business as of 2011 was reported as 14.1 to 1.
• The teaching quality at Wake Forest School of Business received the highest rating by Buisnessweek.com.

Admissions:

• Wake Forest School of Business does not accept students as freshmen.
• Students apply in the spring of the sophomore year in college to enroll at Wake Forest School of Business.
• Wake Forest School of Business accepts more than 200 students every year.
• The average SAT score for students entering Wake Forest School of Business as of 2011 was 1348[1].
• As of 2011, 69% of the students at Wake Forest School of Business were in the top 10% of their high school classes with 94% being in the top 25% of their high school classes[2].
• Wake Forest School of Business had an acceptance rate of 80% as of 2011[3].

Tuition:

• The annual cost of Wake Forest School of Business as of 2011 was $39,970[4].

Facilities:

• Wake Forest School of Business has locations on the Reynolds Campus in Winston-Salem, NC and in the One Morrocroft Centre in Charlotte, NC.
• Wake Forest School of Business has a number of centers and institutes.  They include but are not limited to: the Angell Center for Entrepreneurship, the Babcock Demon Incubator, the BB&T Center for the Study of Capitalism, the Ernst & Young Professional Development Center and the Family Business Center.
• The facilities and services at Wake Forest School of Business received a good rating by Businessweek.com.

Employment Outlook:

• Historically, more than 90% of the graduates from Wake Forest School of Business undergraduate program are permanently placed within six months of graduation.
• The median starting salary for Wake Forest School of Business graduates as of 2010 was $53,250[5].
• Wake Forest School of Business was ranked 16^th for MBA feeder schools by Businessweek.com.

Notable Alumni

There are many notable alumni of Wake Forest School of Business from both the graduate and undergraduate programs.  Some of these alumni include but are not limited to:

• Jabez A. Bostwick – American businessman and founding partner of Standard Oil
• Charlie Ergen – Co-founder Dish Network
• Pat Williams – Senior vice-president of the Orlando Magic
• Philip E. Berger – Republican Leader in the North Carolina State Senate[6]

Graduate School

Background:

• Wake Forest School of Business has three full-time graduate degrees: Master in Business Administration (MBA), Master of Science in Accountancy (MSA) and Master of Art in Management (MA) along with several joint degrees: JD/MBA, MD/MBA, MSA/MBA and PhD/MBA.
• Wake Forest School of Business also offers part-time evening MBA classes at both of their campuses.

Faculty:

• The faculty at Wake Forest School of Business MBA program is very well respected.
• More than 90% of the faculties hold their PhDs.
• Roughly 35% of the faculty members serve on the board of directors for companies. About 38% of the faculty members have experience running their own companies and roughly 80% of the faculty members have work, teaching, consulting, or research experience internationally.

Admissions:

• Wake Forest School of Business MBA program is very competitive.
• The full-time MBA class of 2012 had 64 students enrolled.
• The full-time MBA class of 2012 had an average GMAT score of 653 with an average GPA of 3.1.
• The average work experience for full-time MBA students in the class of 2012 was 4.7 years.

Tuition:

• The total estimated cost of the full-time MBA program at Wake Forest School of Business for the 2011-2012 academic year was %58,014.

Facilities:

• The full-time MBA program at Wake Forest School of Business is located at the Winston-Salem campus but the part-time evening MBA program is located at both the Winston-Salem campus in NC and the Charlotte, NC campus.

Employment Outlook:

• The median base salary for Wake Forest School of Business MBA graduates in 2008 was $80,000 with a median signing bonus of $15,000.