Beacom School of Business
Vermillion, United States
- Cost of Living$ 14,484
- Tuition Fee From$ 23,154
- Country Rank-
- Batch Strength671
- Global Diversity-
- Gender Ratio-
Overview
About
The Beacom School of Business is a renowned business school located at the University of South Dakota in Vermillion, South Dakota. The school offers a wide range of undergraduate and graduate business courses, and has gained a reputation for its high-quality education, strong focus on ethics, and commitment to developing business leaders who can make a positive impact on society.
The history of the Beacom School of Business can be traced back to 1927 when the first business courses were offered at the University of South Dakota. Over the years, the school has grown significantly, and in 2009 it was renamed the Beacom School of Business in recognition of a generous donation from Miles and Lisa Beacom.
Today, the Beacom School of Business offers undergraduate degrees in accounting, economics, finance, management, marketing, and operations and supply chain management. It also offers graduate degrees in business administration, professional accountancy, and health services administration. The school is accredited by the Association to Advance Collegiate Schools of Business (AACSB), which is the gold standard of business school accreditation.
One of the hallmarks of the Beacom School of Business is its commitment to ethical business practices. The school has an Ethics and Social Responsibility Initiative, which aims to develop ethical leaders who can make a positive impact on society. The initiative includes a mandatory ethics course for all undergraduate business students, as well as a variety of programmes and events focused on ethics and social responsibility.
Another strength of the Beacom School of Business is its focus on experiential learning. Students have the opportunity to participate in internships, study abroad programmes, and other hands-on learning experiences that allow them to apply what they have learned in the classroom to real-world situations.
The school also has a strong commitment to research. Faculty members at the Beacom School of Business are actively engaged in research in a variety of areas, including accounting, finance, management, and marketing. The school also has several research centres and institutes, including the Beacom Institute of Technology, the Center for Innovation and Entrepreneurship, and the Center for Financial Markets.
In addition to its academic programmes, the Beacom School of Business is home to a number of student organizations, including the Accounting Club, the American Marketing Association, and the Business Leaders of Tomorrow. These organizations provide students with opportunities to network with business professionals, develop leadership skills, and participate in community service activities.
Ranking
The Beacom School of Business at the University of South Dakota has been recognized for its academic excellence and the quality of its programmes by a number of national and regional ranking organizations. Here are some of the school's most recent rankings:
- U.S. News & World Report: In the 2022 edition of the Best Undergraduate Business Programmes ranking, the Beacom School of Business was ranked #146 out of 514 schools nationwide. The school was also ranked #88 out of 245 schools in the Best Part-time MBA ranking.
- The Princeton Review: The Beacom School of Business was included in the 2021 edition of The Princeton Review's Best Business Schools ranking. The school was recognized for its strong academic courses, faculty quality, and campus resources.
- CEO Magazine: The Beacom School of Business was ranked in the 2021 edition of CEO Magazine's Global MBA Rankings. The school's MBA was ranked as Tier One, placing it among the top MBA programmes worldwide.
- Eduniversal: The Beacom School of Business was recognized as a "Best Business School" by Eduniversal, a global ranking organization. The school was ranked as a 3 Palmes institution, indicating that it is a "good business school with strong regional influence."
- Military Times: The Beacom School of Business was named a "Best for Vets Business School" by Military Times, recognizing the school's commitment to providing high-quality education and resources to military veterans and their families.
Year
QS Ranks
US News Ranks
2023
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Facilities
The Beacom School of Business at the University of South Dakota offers a variety of facilities and resources to support student learning and development. Here are some of the key facilities available to students:
Beacom Center for Computer Science and Engineering: This state-of-the-art facility features classrooms, computer labs, and research space for students studying computer science and engineering. The centre is equipped with the latest technology and software, including high-performance computing systems, and provides students with hands-on experience in programming, data analysis, and systems design.
Farber Financial Markets Center: This facility provides students with access to real-time financial data, trading simulations, and other tools used in the financial industry. The centre features a trading room with 25 Bloomberg terminals, as well as conference rooms and study spaces for students.
Beacom Institute of Technology: This institute supports research and innovation in information technology and business analytics. The institute provides students with opportunities to collaborate with faculty and industry partners on research projects, as well as access to training and certification programmes in data analytics, cybersecurity, and other areas.
Entrepreneurship Center: This centre supports students interested in starting their own businesses. The centre provides coaching, mentorship, and resources to help students develop business plans, secure funding, and launch successful ventures. The centre also hosts a variety of events and competitions, such as the annual South Dakota Governor's Giant Vision Business Competition.
Classroom and Meeting Spaces: The Beacom School of Business has a variety of classrooms and meeting spaces equipped with the latest technology, including smart boards, video conferencing equipment, and lecture capture systems. The school also has a large auditorium that can accommodate up to 500 people for guest lectures, presentations, and other events.
Student Lounge and Study Areas: The school has several lounges and study areas for students to relax, socialize, and study. These spaces are equipped with comfortable furniture, Wi-Fi, and charging stations and provide a comfortable and collaborative environment for students to work on group projects or study independently.
Notable Alumni
Courses
Admission
Beacom School of Business Entry Requirements
The Beacom School of Business is a popular choice for many students. The school offers a variety of undergraduate and graduate programs in business and accounting. To be considered for admission to the business school, students must meet the following requirements
Undergraduate requirements
- High school diploma or its recognized equivalent (GED)
- ACT composite score of 21 or above (SAT 1070) OR
- SAT score of 1070 or above OR
- Grade point average of at least 2.6 (4.0 scale) in all high school courses OR
- Rank in the upper 50% of high school graduating class OR
- 3 or higher on the English Language Arts and Mathematics Smarter Balanced Assessments
Graduate requirements
- Official transcript of undergraduate degree
- Statement of Purpose
- Three recommendation letters
- GMAT scores for MBA or MPA
- GRE scores for M.S in Business Analytics
Accepted English proficiency test scores
- TOEFL iBT - 71
- TOEFL PBT - 530
- IELT - 6.0
- ACT English - 18
- SAT Evidence-based Reading and Writing - 500
- ELS Language Center - Completed Level 112
- Cambridge International Examinations
- International Baccalaureate English A (4) OR English B (6)
Beacom School of Business Fees
The institution offers several programmes at different levels. Listed below are the Beacom School of Business fees based on different courses
- M.B.A - $19,410 /Year
- M.B.A Marketing - $19,410 /Year
- M.B.A Finance - $19,410 /Year
- M.B.A Business Analytics - $19,410 /Year
- B.B.A Innovation and Entrepreneurship - $14,807 /Year
Placements
According to the most recent data available, 91% of the Beacom School of Business undergraduate students and 98% of its graduate students are employed or continuing their education within six months of graduation. These employment outcomes are a testament to the quality of the school's academic programmes, as well as the strength of its relationships with employers in the region and beyond.
The school's Career Services office offers a range of services to help students prepare for the job search process and find employment after graduation. These include resume and cover letter reviews, job search strategy sessions, interview coaching, and career exploration workshops. The office also maintains an online job board where students can search for job and internship opportunities, and offers a variety of career-related resources, including salary data, career profiles, and industry research reports.
The school's alumni network is also a valuable resource for students seeking employment. The Beacom School of Business Alumni Association is a vibrant community of more than 18,000 business professionals who work in a variety of industries and sectors. The association offers a range of networking events, mentoring programmes, and career-related resources to help students and alumni connect with each other and with potential employers.
Scholarship
Regardless of the program you are studying, there are several scholarship opportunities provided by the university as well as other organizations. With so many scholarships available now, overseas students can greatly lower the financial burden of studying in a new country. You can apply for scholarships to study at the Beacom School of Business through UniScholarz. You can find the following types of scholarships based on your academic performance and financial situation:
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Merit-based scholarships
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Need-based scholarships
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Country-specific scholarships
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College-specific scholarships
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Student-specific scholarships
Finances
Most international students are obligated to show proof of sufficient funds to obtain a visa. While some students may have the opportunity to make use of scholarships, not all students cut the eligibility to get a scholarship or a grant. Moreover, not all scholarships cover 100% of your study abroad expenses. At such times, most students resort to acquiring education loans to avoid the financial hassles associated with studying at the Beacom School of Business. For Indian students, UniCreds is the ideal education loan marketplace if you’re looking for low-interest rates and free consultation services!
Accommodation
There are several student housing options available for students planning to attend the Beacom School of Business. You may select from a wide choice of affordable yet elegant student flats, halls of residence, studios, en-suites, and more! You have the option of staying on campus in the university halls of residence or a private residence. Because of their proximity to the university, on-campus housing options may be ideal; nevertheless, they tend to fill up fast and are more expensive.
UniAcco simplifies the process of finding student housing and offers a variety of options. As a result, students can select from a wide range of available student accommodations near the university, such as luxury studios, en-suites, and shared apartments that are more inexpensive and student-friendly.
Cost of Living
Vermillion is a small town with a strong sense of community. Students can get involved in local events and volunteer opportunities, and many businesses in town offer discounts to USD students. The cost of living in Vermillion is 19% less when compared to the country’s average. The lifestyle of a student also plays an important role in the total cost of living. Students can choose shared accommodation or housing with utilities included in the rent to save money. Below is a list of the expenses that prospective students should keep in mind
|
Items |
Cost |
|
Off-Campus Accommodation |
$425 |
|
On-Campus Accommodation |
$911 |
|
Transportation |
$35 |
|
Food Cost |
$540 |
|
Utility Cost |
$158 |
|
Entertainment |
$41 |
|
Groceries |
$40 |
|
Clothes |
$118 |
|
Health Insurance |
$80 |
|
Total Cost of Living with Off Campus Accommodation |
$1,445 |
|
Total Cost of Living with On Campus Accommodation |
$1,931 |
|
Annual Cost of Living |
$23,172 |