Lehigh University is a private research institute and one of the top-100 universities in the United States. The student body at Lehigh University is more than 7,000 including 5,203 undergraduate and 1,864 graduate students. The College of Business and Economics is one of the five colleges at Lehigh University and is considered to be one of the top business schools in the US. Admissions at the College of Business and Economics take place through three to four intakes throughout the year with summer, spring, fall-winter semesters.
Students who have been admitted to MBA Program offered by the college generally have an average GPA of 3.33 and an average GMAT score of 599. Around 36% of International students are enrolled in Lehigh's MBA from 7 countries.
The tuition fees at the business school range between 21,000 USD to 67,000 USD. The college is also known for its top-notch graduate placement having a placement rate of 97%. The highest average salary of College of Business and Economics graduates is 231,000 USD.
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College of Business and Economics Rankings
- US News and World Report has ranked the college’s part-time MBA at #41
- Ranked 58th among the US Colleges in 2021 by THE rankings.
- Times Higher Education has also ranked the college at #201-#300 in the Impact Rankings 2021.
- Ranked 601-800th among World Universities 2021 by THE.
- The college has also been ranked 20th among Best Colleges for Accounting and Finance, and 29th among Best Value Colleges in the United States by Niche.
Highlights
| College Type | Private |
| Campus Setting | Urban |
| Academic Calendar | Semesters |
| Intakes | Fall, Spring-Summer, and Winter |
| Acceptance Rate | 24% |
| Undergraduate Enrollment | 1,711 |
| Graduate Enrollment | 324 |
| Countries Represented | 83 |
| Student to Faculty Ratio | 17:1 |
| Financial Aid | Scholarships |
College of Business and Economics Campus
The campus of Lehigh University spans up to 1,600 acres. It has three different campuses namely Asa Packer campus, Murray H. Goodman Campus, and Mountaintop Campus. Asa Packer is the main campus of Lehigh University and spans up to 360 acres.
- The campus has 25 NCAA division sports for men and women.
- More than 200 clubs for students including 40 intramural & sports clubs, and 23 Sororities and fraternities.
- About 93% of the undergraduate students participate in extracurricular activities at Lehigh University.
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College of Business and Economics Campus Residence
Lehigh University offers on-campus housing through its ASA Packer Campus. The housing options are available in the form of residence halls, suite-style, apartment-style, fraternity, and sorority housing, and themed housing.
- A wide range of residence halls is available at Lehigh University’s Asa Packer campus. The first-year and second years students are required to live on-campus. Upper-Class students can also live on-campus based on the request and space available.
- Suites and apartments are specially offered for sophomores, junior and senior students. There are five suite and apartment-style complexes throughout the university campus. The Suite and apartments feature a single bedroom, kitchen, laundry, and living space.
- Students who wish to live in Greek Style housing may live in Fraternity and Sorority housing.
Given Below are the Housing rates for some of the on-campus Residences:
| Residence | Category | Rates (in USD) |
|---|---|---|
| Centennial | Category I | 4,515 |
| Dravo House | Category I | 4,515 |
| Warren Square Complex | Category II | 4,840 |
| Brodhead House | Category III | 5,030 |
| Sayre Park Village | Category III | 5,030 |
| Southside Commons | Affiliated Housing | 1,060 to 1,252 |
Lehigh University also provides off-campus housing for undergraduate and graduate students through an agreement with third party housing and managers. Students can also search for off-campus housing in the US on their own through housing service websites.
College of Business and Economics Programs
Lehigh University’s College of Business offers various undergraduate degrees with seven majors & nine minors. The college also offers six masters' degrees and a Ph.D. degree in Business and Economics.
- The disciplines offered include accounting, business information systems, economics, finance, management, marketing, and supply chain.
- The College of Business offers a one year full-time MBA for professionals. The program is taught in four semesters throughout the year which requires the completion of 47 credits. The one year MBA is one of the top-50 MBA programs as per QS Global Ranking. 100% of the students enrolled in the MBA program either have prior experience or are professional degree holders.
- The college also offers a Flex MBA which is a hybrid program for working professionals. The program can be pursued either On-campus or via Online mode. The Flex MBA is the top-6 online MBA program as per Poets & Quants and also the 10th Best Online MBA as per US News and World Report.
- More than 250 study abroad programs are offered in 74 countries for all Lehigh University students.
Given below are the tuition fees and deadlines for the top programs offered at the College of Business:
| Program | Tuition Fees | Deadlines |
|---|---|---|
| MBA | 66,890 | Round 1: December 1st, 2021 Round 2: February 1st, 2022 Round 3: Round 1: April 15th, 2022 |
| MBA (Online) | 21,815 | Fall: May 1st, 2021 Spring: December 1st, 2021 |
| MSc in Applied Economics | 21,540 | Spring: December 1st, 2021 Early Decision: December 1st, 2021 Round 2: December 1st, 2021 Final: June 1st, 2022 |
| MSc in Management | 51,320 | Early Decision: December 1st, 2021 Round 2: December 1st, 2021 Final: June 1st, 2022 |
| Ph.D. in Business and Economics | 21,440 | January 1st, 2022 |
College of Business and Economics Application Process
International students may apply for admission through the Common Application or the official university website by submitting all required documents.
International Students are required to have submitted a non-immigrant form to apply for an F-1 Student Visa after getting accepted for admission.
Below are admission requirements for international students:
How to Apply: Apply via Common Application or Coalition Application
Application Fees:
- Undergraduate: 70 USD
- Graduate: 75 USD
Application Deadlines for 2022 Session:
| Application Type | Deadlines |
|---|---|
| Early Action I | November 15th, 2021 |
| Early Action II | January 15th, 2022 |
| Fall Transfer | April 1st, 2021 |
| Spring Transfer | November 1st, 2021 |
General Admissions Requirements:
- Completed Application with application fees
- Official High School/College transcript with an English translation and evaluated by an approved agency.
- English Language Test Scores
- SAT/ACT scores (optional)
- GMAT/GRE scores
- Letters of recommendation
- An essay with career objectives and work experience
- Resume with two to three years of professional work experience
- Interview
- Financial certificate
- Passport copy
Check Out Top Business Schools for MBA in USA without GMAT
English Language Proficiency Test Scores
Given below are the English language test scores accepted at the College of Business, Lehigh University:
College of Business and Economics Cost of Attendance
The cost of attendance at the College of Business includes tuition fees along with other living expenses in the US. The total cost of attendance at the college is approximately 73,000 USD.
The estimated cost of attendance for the year 2021-2022 is given below:
| Expenses | Annual Cost (in USD) |
|---|---|
| Tuition | 56,980 |
| Typical First-year Housing | 9,030 |
| Meal Plan | 6,300 |
| Technology Fee | 490 |
| Activity Fees | 250 |
| Wellness Fee | 200 |
| Books & Supplies | 1,600 |
| Total | 73,250 |
College of Business and Economics Scholarships
The University offers merit-based and need-based scholarships to international students. 90% of undergraduate students with family income below 75,000 USD have received scholarships and grants.
- About 50% of the current students received financial aid. A total of 100 million USD is awarded in the form of scholarships and grants.
- The International students may receive merit-based scholarships worth 12,000 USD.
- International students willing to receive need-based financial aid are required to submit a CSS profile and Lehigh certificate of finances. Students can also check for some external scholarships in the US.
Given below are some scholarships offered at the college:
| Scholarship | Eligibility | Value (in USD) |
|---|---|---|
| Dean’s Scholarship | 3.0 GPA Full-time Undergraduate | 12,000/year |
| Founders and Trustees” Scholarship | 3.0 GPA Full-time Undergraduate | 50% to 100% Scholarship on tuition fees |
| Dean’s Flex MBA Scholarships | GMAT score Work experience | Variable |
College of Business and Economics Placements
Each year more than 400 well-known companies visit Lehigh University for on-campus recruitment. Some of the companies that have previously recruited College of Business graduates include Bloomberg, Deloitte, EY, J.P Morgan, KPMG, PWC, and Bank of America.
- About 96% of the College of Business graduates are either employed or pursuing higher studies. 83% of the graduates are employed after graduation.
- 20% of the College of Business Graduates are employed in financial service industries, 17 % are employed in management and 14% are employed in accounting industries.
Average starting salaries of graduates at the B-school based on their undergraduate majors are given below:
| Discipline | Average Salary (in USD) |
|---|---|
| Accounting | 66,412 |
| Business Information Systems | 67,238 |
| Economics | 66,412 |
| Finance | 66,581 |
| Management | 68,000 |
| Marketing | 52,140 |
| Supply Chain Management | 61,333 |
Lehigh University's College of Business and Economics is one of the highly selective business schools. Study abroad candidates at the school come from around 80 countries all over the world and enjoy various perks at the campus including scholarships and financial aid in the range of 1,000 USD to 12,000 USD annually.
The B-school offers a lot of career opportunities in the US to international students, with a placement rate of 96% for undergraduates and 97% for graduates, Lehigh University has a national ROI of 713,000 USD. The university has also received a College Salary Report rank of #23.
