Northern Illinois University’s College of Business is a small, private college in the city of Illinois. It is one of the best business schools worldwide known for diversity and overall academic education with hands-on practical training.

Admissions at College of Business are quite selective with an average acceptance rate of 59%. The university offers 6 undergraduate, 7 masters and 20+ certificate programs in fields like science, business and management. Apart from this, the university offers 495+ scholarships in the US and 450+ internships every year.

The overall graduation rate of NIU is 58%. The graduate employment rate of NIU is quite high with 88% of the students getting employed within 6 months of graduation. The average median salary of NIU graduates is around 96,000 USD.

Highlights

Established in 1961
Type of University Public
Campus setting Small, suburb
Location Barsema Hall, DeKalb, Illinois
Accreditation AACSB
Total no. of Academic programs 42
Cost of attendance 29,190 USD
Official test scores & transcripts SAT/ACT, GMAT/GRE (as per requirement)
English Language Proficiency IELTS/TOEFL/PTE
Student to faculty ratio 16:1
Campus housing Available
Financial aid Available
Official Website https://www.cob.niu.edu/index.shtml
Admission Helpdesk Email: gradsch@niu.edu; Phone: 815-753-0446 or 800-892-3050

Northern Illinois University’s College of Business Rankings

  • #299-#391 in National Universities by US News and World Report 2022
  • #132 in top performer4 on social mobility by US News and World Report 2022
  • #3 for Business schools with the most U.S. minorities by Poets&Quants(2020)
  • #30 in nationally within an elite group of schools for best overall academic experience by Poets&Quants

Northern Illinois University’s College of Business Campus and Accomodations

The Barsema hall at NIU campus is home to the College of Business students. It is a huge building with a very flexible learning environment.

  • There are classrooms, study areas; open creative spaces, and specialized labs which are well equipped with cutting-edge technologies.
  • There are 100+ student organizations for students to participate in.
  • Students can relax with their friends in the central gathering spot of the building, Three Sons Bistro where Starbucks coffee, sandwiches, wraps, drinks, salads, snacks, and other on-the-go items are served.
  • A lost and found for misplaced items are located in the dean's office in Barsema Hall.

Northern Illinois University’s College of Business Accommodation

NIU offers on-campus accommodation to students through its six residence halls. Around 3,500 students are accommodated each year in NIU’s residence hall.

Residence halls Type of rooms Rate (USD/semester)
New Residence Hall Well furnished Single Mini-suites 7,108
Gilbert Hall Well-furnished Double occupancy rooms 5,540
Grant tower Well-furnished Double and single occupancy rooms 5,549
Stevenson tower Well-furnished Double, single occupancy, and suite-style rooms 5,512
Neptune Hall Well-furnished Double and single occupancy rooms 5,053
Northern View Community for graduate students Unfurnished apartments with 1, 2, or 3 bedrooms 3,890

Also check: Student Housing in US

Northern Illinois University’s College of Business Programs

NIU College of Business offers bachelor, master's, certificate, and online degree programs. The programs are offered under six academic departments. The college also offers study abroad opportunities to students through its institutional partners around the world. Executive training and advanced certificate and training programs are also offered in the field of management and business.

Northern Illinois University’s College of Business Admission Process

The international student admission process is quite similar for both undergraduate and postgraduate degrees. The process for the same is mentioned below.

Application portal: Online Application
Application fees: 40 USD
Admission Requirements:

  • High School Diploma: student must be graduated by the time you start at NIU to be admitted.
  • A minimum passing grade equivalent to a U.S. C+ average on all transcripts and/or exam scores
  • Official Final secondary school transcript and/or exam results translated in the English language
  • Proof of English proficiency
  • Proof of financial ability
  • SAT/ACT scores
  • GMAT/GRE scores (for graduate students)
  • 2 Letter of recommendations
  • Resume
  • Statement of purpose (250-750 words)

Northern Illinois University’s College of Business Admission Deadlines

Semester Deadlines
Fall May 1, 2021
Spring October 1, 2021

English Language Proficiency Test Scores

The english language proficiency test scores for undergraduate and graduate courses are tabulated below.

Exam Undergraduate Graduate
TOEFL - iBT 71 80
TOEFL - PBT 527 -
IELTS 6.0 6.5

Northern Illinois University’s College of Business Cost of Attendance

The estimated cost of attendance includes tuition fees, accommodation fees, traveling expenses, and other personal expenses.

Type of expense Fees(USD/year)
Undergraduate Tuition 9,606
Graduate tuition 8,858
Fees 2,872
Room and board 11,000
Travel 600
Books and supplies 1,300
Miscellaneous/personal expenses 1,840
Total4 27,218

Northern Illinois University’s College of Business Scholarships

NIU COB offers various scholarships to students based on financial needs and academic merit. Students can apply for multiple scholarships on MyScholarships and other departmental scholarships. Students are encouraged to apply before the deadlines to be considered for scholarships.

Some of the scholarships offered are:

Scholarships Awards Deadlines
Accountancy/Accounting Science Graduate Tuition Waiver Graduate tuition fee waiver for spring 2022 new admits 10th January
Business administration graduate tuition fee waiver Graduate tuition fee waiver for spring 2022 new admits 10th January
Graduate assistantship for accountancy Partial tuition waiver. 31st March
Dennis L. Dean Scholarship Fund for finance major -- 31st January
Management Department Achievement Awards 500 USD to 5,000 USD 31st January

Northern Illinois University’s College of Business Alumni

NIU’s College of Business has a strong alumni network of more than 50,000 students. The college recognizes and felicitates the accomplishments of its alumni each year on the recognition event. Alumni of NIU can attend the alumni event, support the college financially, and share their experiences with students.

Some of the Notable Alumni of the college are:

  • Olubukola Adeoti – Global Strategic Pricing Manager at Abbott
  • James Boge – Real Estate Project Manager at Jones Lang LaSalle
  • Taylor Brodhagen – Project Operations Manager at TouchPoint360
  • Cristina Pozo – Cash Manager at ArcelorMittal Treasury Americas

Northern Illinois University’s College of Business Placements

The career compass program at NIU helps students set academic and professional goals, and make a plan to reach those goals.

  • The career services include job search skills, career advising, professional skills, leadership, resume reviews, mock interview, etc.
  • Various Career Fairs, Meet the Firm Events, and Talent Nights are hosted by NIU for students.
  • NIU College of Business has deep connections with more than 300 firms across Chicago which further helps students in achieving their professional goals.
  • The graduate employment rate of NIU is quite high with 88% of the students getting employed within 6 months of graduation.
  • The average salary of NIU's COB graduates is around 96,000 USD per year.
Jobs Salary(USD/year)
Accounting Manager 92,700
Senior Financial Analyst 82,977
Project Manager 95,000
National Sales Manager 95,000
Marketing Director 175,313
Marketing Manager 84,500
Human Resource Information System Manager 105,145

Also check: What to do after studying in the US?

NIU's College of Business is among the best undergraduate business schools in the US. It is a small private, student-focused college providing hands on-practical education which prepares the students to succeed in the global business environment. The college also has a high graduate employability rate with an average salary of 96,000 USD per year.

FAQs

Q What is the acceptance rate of NIU?

Admissions in NIU are selective with an average acceptance rate of 59%.

Q Is NIU’s college of business accredited?

Yes, NIU’s college of business is among the 4% of elite business schools to hold an AACSB accreditation.

Q What is the average cost of attendance at NIU?

The average cost of attendance at NIU is around 29,190 USD.

Q Does NIU’s college of business offer any scholarships?

Yes, NIU’s college of business offers many departmental scholarships.

Q Does NIU offer on-campus accommodation?

Yes, NIU offers on-campus accommodation through its six residence halls.

Q NIU’s college of business offers programs in which study areas?

NIU's college of business offers programs in accountancy, marketing, finance, data analytic, etc.

Q What is the graduate employment rate of NIU College of business?

The graduate employment rate of NIU is quite high with 88% of the students getting employed within 6 months of graduation.

Q What is the average salary of NIU College of business graduates?

The average salary of a NIU's College of Business graduate is around 96,000 USD per year.