Poets&Quants for Undergrads, the leading online news publication for undergraduate business education, has released its sixth annual ranking of the best undergraduate business schools 2022. Georgia Institute for Technology is in the top 10.
This year’s ranking will include 95 schools, up from 93 last year. For the first time since the launch of this ranking, the methodology has been adjusted. Changes include reducing the weight given to average SAT scores from 35% to 10%. Additionally, the weight given to acceptance rates has been lowered from 35% to 30%. The average high school GPA of the most recently enrolled class (15%) was added along with the average percentage of students who reported being National Merit finalists or semifinalists (15%). Learn more about the ranking methodology here.
“We believe that the quality of business education comes down to three fundamental issues,” said Nathan Allen, Project Manager, Poets&Quants for Undergrads. “The quality of raw talent that comes through the door, what a school does with that talent over four years, and finally how the market responds to graduates coming off campus.”
Rounding out the top 10 undergraduate business school programs are:
- University of Pennsylvania (Wharton)
- Georgetown University (McDonough)
- University of Southern California (marshal)
- University of Washington in Saint Louis (Oline)
- University of Virginia (McIntire)
- University of Michigan (Ross)
- New York University (Back)
- Notre Dame University (Mendoza)
- Villanova University
- Georgia Institute of Technology (Scheller)
The Scheller College of Business at the Georgia Institute of Technology continued its three-year rise in our ranking of the best undergraduate business schools by entering the top 10 for the first time in the five years of this ranking. Georgia Tech ranked 18th in 2019 and 14th last year.
Scheller had an acceptance rate of 23.29% this year, which closely matches last year’s 24% acceptance rate. This fall’s class saw 83% come from the top 10% of their high school class with an average GPA of 3.96, a big increase from last year, when 65% came from the top 10 percentiles.
Scheller is best known for his multifaceted approach to business education. As part of Georgia Tech, School B inherently combines aspects of STEM in the curriculum with key capstone courses that exemplify Scheller’s multifaceted approach to business education.
The Scheller program allows students to complete all degree requirements, one semester abroad, and two internship semesters in four years. Additionally, students are admitted directly to Scheller College of Business in their freshman year so they can begin their business studies immediately.
Students begin their educational journey by taking core courses within Georgia Tech in English, Math, Humanities, Social Sciences, Computer Science, Health, and Laboratory Sciences, giving them a holistic foundation for their business education.
“Our undergraduates benefit from a focus on innovation and technology in the classroom that results in strong and successful careers,” said Craig Womack, director of undergraduate programs at Scheller. “We excel at integrating technology into all aspects of the business class.”
Scheller students can choose from eight concentrations, including accounting, finance, general management, IT management, leadership and organizational change, marketing, operations and supply chain management, and strategy and innovation.
TECHNOLOGY AND MANAGEMENT PROGRAM
One of Scheller’s flagship offerings is the Denning Technology & Management (T&M) program. Through the program, students can earn a 22-credit-hour minor with tracks such as: Minor in Computer Science and Business, Minor in Engineering and Business, and Minor in Technology and Business.
T&M students study the management of emerging technologies and the development of new products and services. The program is complemented by an integrated capstone project course, where students work in teams to focus on a specific problem posed by one of the program’s affiliates.
“This project connected me to my first employer, who then connected me to my current job,” a 2018 alumni told us. “I worked in a cross-functional team to research and develop a solution innovation to a real problem in the company chosen for my capstone project.”
Another key benefit of Scheller education is Georgia Tech’s very location – located in the heart of downtown Atlanta’s tech plaza, an area densely populated with startups, corporate innovators, and researchers. academics.
“Scheller College benefits from its proximity to Tech Square by building relationships and fostering opportunities within this premier innovation hub,” Womack said. “Our students have the opportunity to explore both the business and technology aspects offered in their environment.”
This privileged location offers Scheller students the opportunity to work with large organizations.
“I worked directly with Home Depot to help evaluate a new loyalty program and was able to travel to different cities to interview store associates,” a 2018 alumni told us. “At the end of the project, my team made a presentation to executives at THD head office.”
PRACTICAL LEARNING OPPORTUNITIES
In addition to the T&M program, there are a number of other experiential learning opportunities available to Scheller students to deepen their field of study and apply their knowledge in real-world settings.
A 2018 alumnus said the Sustainable Business Practicum course was a highlight of his time at Scheller. Throughout the course, students focus on real-world sustainability projects (those that have an environmental or social dimension that impacts business risk or opportunity) with teams of students working together to develop recommendations and practical solutions for sponsors of participating companies.
“I also participated in the Carbon Reduction Challenge and won with the SunTrust team in 2017 during an internship there, then I coached a 2nd place team in 2019 from SunTrust as an alumnus”, we said the 2018 alumni. “I had the opportunity to present the lessons from winning 2017 at Georgia Tech TEDx twice and on several blog posts.”
Another 2018 alumni recalled working with a student team of consultants to solve an internal problem for Georgia Tech faculty.
“We’ve been focused on building a new timesheet, equipment, and resource scheduling site on the service now,” alumni told us. “We were tasked with gathering requirements, configuring our system to meet those requirements, and then presenting it to our customers. It was a unique experience because that’s basically what I do in my professional life today.
STRONG EMPLOYMENT RESULTS
Scheller’s class of 2020 has had strong employment results, both in terms of internships and jobs. Some 95% of the Class of 2020 had a business-focused internship before graduation, with 91.01% securing a full-time position within three months of graduation. An overwhelming 95.92% of Scheller alumni surveyed in 2018 said their first job was in their industry of choice, with 87.76% saying that job was in their company of choice.
With a multifaceted education, hands-on learning opportunities, and a prime location for technological innovation, Scheller is perfect for students interested in exploring the worlds of business and technology.
The elders say:
“We did a capstone project that incorporated all facets of the business into the culminating deliverables. I also believe that the college places a lot of emphasis on the importance of work experience.
“We consulted with a real business and helped them launch their social media campaign! Very cool to see us working in the real world while still in school. Invaluable experience.
“It’s the breadth of experience I’ve gained that has enhanced my career and academic aspirations. I’ve participated in partnering work projects with Atlanta companies in every graduate class I’ve taken, and I’ve benefited from that work in more ways than I can count.
Poets&Quants for Undergrads has compiled the exclusive 2022 rankings based on a representative survey of over 5,400 alumni and school-reported data. Recent graduates from the 95 schools were surveyed on aspects of faculty availability, extracurricular opportunities, and alumni network accessibility. This data does not exist together anywhere else in the world.
Visit here to learn more about the 2022 Ranking, the methodology and to locate a specific school. Follow us on social media #PQURankings and @PoetsAndQuants. Poets&Quants for Undergrads “The Best Undergraduate Business Schools” Edition 2022 with detailed profiles of the top 95 programs, will be released in early 2022.
About Poets&Quants for Undergraduates:
Poets&Quants for Undergrads is a leading news website dedicated to covering undergraduate business education. Content is highlighted by the exclusive annual ranking of the best undergraduate business schools across United States. Founder and Editor-in-Chief John A. Byrne launched the first-of-its-kind ranking in 2016 to help students make the best possible choice for an undergraduate business education. Poets&Quants for Undergrads is the sister website of Poet&Quants, which focuses on MBA programs. For more information, visit poetsandquantsforundergrads.com. Follow us on social media #PQURankings, @PoetsAndQuantsU, Facebook.com/poetsandquantsforundergrads and linkedin.com/company/poets-quants-forundergrads.
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