Rutgers Business School is an esteemed part of Rutgers University. It is known for its academic excellence and prestigious results rate in terms of giving the best business leaders in the world. A coveted name in the US Education System, the total enrollment observed at Rutgers is around 9,814 students. Admissions at Rutgers Business School are considered to be highly competitive with an acceptance rate of merely 58%.
Ranked #44 in the Best Business Schools by the US News, Rutgers is counted as one of the top B-schools in the US, and is also accredited by AACSB. One of the highly demanded programs taught at Rutgers is its MBA, which requires an IELTS and GMAT score of 7.0 and 680 respectively. Also, the application fee for international students is 70 USD, and the application deadline keeps rolling but generally occurs between the months of May-July.
Tuition fee at Rutgers differs according to the courses opted for, the international tuition fee costs around 48,096 USD per year, and the part-time courses are also available in different disciplines which need to be paid 1155 USD per credit. The employment rate at Rutgers is quite high standing at 90%, and the B-school sees an overall graduation rate of 75%.
Rutgers Business School Rankings
- US News Ranking has ranked Rutgers at #44 in the best business schools.
- #28 rank in the US for the part-time MBA course by US News
- Poets & Quants Ranking has ranked the business school at #22 for MBA in the US.
- The school has also been ranked by the Financial Times at #2 for its Executive MBA program in Economics.
- QS World University Rankings 2022 has ranked Rutgers at #264 globally with a score of 37.2.
Highlights
| Type of School | Public |
| Total Faculty Members | 100+ |
| Total Number of Students | 9000+ |
| Acceptance Rate | 58% |
| Percentage of International Students | 11.7% |
| Tuition Fee | 27,704 USD (in-state) 48,096 USD (out-of-state) |
| Application Fees | 70 USD (non-refundable) |
| Graduation Rate | 75% |
| Standardised Test Scores Accepted | SAT/ ACT/ TOEFL/ IELTS |
| Employment Rate | 90% |
| Official Website | https://www.business.rutgers.edu/ |
Rutgers Business School Campus and Residence
Rutgers Business School is equipped with all the modern facilities and consists of two campuses in North and Central New Jersey. Rutgers Business School campus is very well known for its 3-D environment which is created for the students outside the campus to provide them a real-life education view. With both urban and traditional campuses, students find it a suitable place to spend their time in the environment of learning with more interaction.
- Classrooms are equipped with modern technology, including Ultra Short Throw Projectors, touch screens, and glass marker boards. Electricity at the campus is provided with solar fields and panels on campus.
- The building also has the facilities of 91 Wi-Fi access points, ensuring that students and faculty can use the Internet services from a variety of locations.
- There are different clubs and student organizations inside the campus to provide better exposure and the opportunity to learn about new cultures and traditions as well.
- Residence at the school is provided through Rutgers University’s various residential halls namely Woodward halls, University square, Talbott apartments, 15 Washington apartments, 180 west market street, and others. Students can also look for off-campus housing options in the US.
Rutgers Business School Programs
Rutgers Business School offers courses at UG and PG level for international students with some of the doctorate programs as well, along with online certification courses.
- Some of the most popular undergraduate courses include BSc Accounting, BSc Finance.
- MBA at Rutgers is offered in numerous concentrations and types, EMBA being the most chosen among the international population.
- Famous graduate programs at Rutgers include MSc Information Technology and Analytics, MBA, MSc Business of Fashion.
Top programs offered at Rutgers include:
| Programs | Tuition fee (in USD) | Eligibility |
|---|---|---|
| Masters of Business Administration | 39,060 | English proficiency GRE score |
| Bachelor of Science in Accounting | 14,515 | SAT/ACT scores English proficiency |
| Bachelor of Arts | 38,563 | 3.0 GPA or more English proficiency |
| Doctor of Philosophy | 30,144 | Essay of 300-500 words English proficiency |
Rutgers Business School Application Process
International students are required to submit their applications as early as they can to reserve their seats if they are eligible. The admission process is quite simple and can be easily finished.
Application Portal: Rutgers Business School Online Application
Application Fee: 70 USD
Deadline: 20 January
Admission Requirements:
Some of the important documents required for the submission after getting eligible for the course are:
- Official transcripts duly signed
- Two letters of recommendation
- Resume/CV
- Test scores of SAT/ ACT
- GMAT scores
- Copy of passport/visa
- Last six months financial bank account statement
- Essay (500-700 words)
- English proficiency test scores
English Proficiency Test Scores
International students are required to submit English proficiency test scores not less than two years old.
Given below are the minimum requirements for English proficiency at Rutgers:
Rutgers Business School Cost of Attendance
Cost of attendance at the business school is a cumulation of both, tuition fees for various programs and the living expenses in the US.
The tuition fee for various programs offered at Rutgers Business School are as follows:
| Program | Fee (in USD) |
|---|---|
| Master of Business Administration | 24,048/semester |
| Bachelor of Arts | 38,563/year |
| Doctor of Philosophy | 30,144/year |
| Bachelor of Science in Accounting | 14,515/year |
The estimated cost of attendance at Rutgers is given below:
| Expenses | Cost (in USD)/ year |
|---|---|
| Campus Fee | 890 |
| Computer Fee | 171 |
| Room and Boarding | 11,000 |
| School Fee | 375 |
| Health Fee | 250 |
| Meals | 8000 |
Rutgers Business School Scholarships
Scholarships are a great way to help the students in paying their tuition fees and other charges as individually independent people.
Different scholarships are provided by Rutgers Business School which are based on merit, active participation, financial need, and many more. Students are thoroughly supported by the administration for their entrepreneurship ideas as well. The competition for scholarships in Rutgers Business School is quite tough and every year, the students need to maintain the eligibility criteria to get the scholarship amount.
Students can apply for the scholarship while their application only and portal is active usually in the month of August-September. Some of the top scholarships offered to all the students are:
| Name | Amount (in USD) | Duration | Eligibility |
|---|---|---|---|
| Alumni Association Scholarship | 1000 | Full-course | Must be enrolled in full-time undergraduate studies FAFSA required |
| Inlaks Scholarship | 1,00,000 (maximum) | One year | Age under 30 years TOEFL score |
| Hubert Humphrey Fellowship Program | Complete expenses | Full-course | Good score in TOEFL/ IELTS Must have enrolled in any US school or college |
| Earnest Scholarship | 5000 to 50 students | One year | Enrolled as a full-time student in any US university |
The Business school provides financial aid, and grants based on merit, need, and extraordinary talent. At the time of application only, students are eligible to apply for financial assistance which gets renewed every year based on performance in academics.
Every year, summer scholarships are also given with a stipend amount of 3000 USD. Fellowships are directly provided to the minority groups and women, based on clearing the eligibility criteria.
Also check External scholarships in the US
Rutgers Business School Alumni
Rutgers Business School holds a strong alumni network with more than 43,000 graduates across the world. There is a mentorship program for the students with alumni, professionals, and corporate partners to let them prepare for future interviews and placement opportunities. The Alumni Association of Rutgers Business School is highly experienced and every year, the network gets expanded with the positive reach in the society.
Some of the top notable alumni of Rutgers Business School are:
- Greg Brown, Chairman and CEO of Motorola Solutions
- Mark Fields, CEO of Ford Motor Company
- Bill Rasmussen, Founder and Head of ESPN
- Alvaro de Molina, CFO of Bank of America and CEO of GMAC
- Gary Rodkin, President and CEO of ConAgra Foods
Rutgers Business School Placements
The graduation rate for the full-time students in Rutgers Business School is 75% and more than 90% of the students get placement in the US every year on a permanent basis or as internships as well.
- With the strong alumni backup, the Career Development Team at Rutgers assures good hiring results and prepares the students for the on-campus interviews and interrogations while presenting the ideas as an entrepreneur.
- Different Career Fairs and Expos are organized to provide direct employment opportunities to the students with their skills. Online webinars and different off-campus placement details are also provided to the students.
- The average base salary in Rutgers Business School is 98,685 USD and a batch of 2020 has achieved a 100% internship placement rate. It has been ranked #1 rank in MBA employment across the top schools in the country.
Being rich in culture and experience, Rutgers Business School is marked as one of the top business schools with results in top-notch talent driven students. The school has a strong connection with the world’s leading companies and corporate partners. A total of 90% of students get employment every year after they graduate from the business school. Study abroad candidates get attracted to the B-school because of its quality education and high ROI. The MBA program offered at Rutgers individually sees an internship rate of 100% and an employment rate of 88%.
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