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Carroll School of Management

Chestnut Hill, United States

  • Cost of Living$ 30,540
  • Tuition Fee From$ 54,420
  • Country Rank-
  • Batch Strength3,162
  • Global Diversity-
  • Gender Ratio-

Overview

About

The Carroll School of Management is the business school at Boston College, located in Chestnut Hill, Massachusetts. It was established in 1938 and is named after its benefactor, Wallace E. Carroll. The school is accredited by AACSB International, the Association to Advance Collegiate Schools of Business. The school enrols over 2,500 undergraduates on their campus each year with a highly selective acceptance rate of just 25%.

 

This institution offers undergraduate, graduate, and executive education programmes in business. The undergraduate programme offers majors in Accounting, Finance, Information Systems, Management & Leadership, Marketing, and Operations Management. The graduate programme offers a Full-Time MBA, a Part-Time MBA, an Executive MBA, and several specialised Master's programmes in areas such as Finance, Marketing Analytics, and Accounting.  

 

The school has a highly regarded faculty, with many members holding PhDs from top universities and engaging in cutting-edge research in their respective fields. The school also has an extensive network of 37,000 alumni residing in more than 91 countries. They are actively involved in mentoring and supporting current students and shaping the school's future direction. Some of the notable ones include Ronald Logue and Denis O’Brien, among others. The school is known for its strong focus on ethical leadership and social responsibility and integrates these principles into its curriculum and programmes.

Ranking

Caroll School of Management has been highly ranked by US News and World Report in 2022. It was positioned at #41 for Best Business Schools in the country and #37 for Best Law Schools. The business school also received reputable rankings for its courses by the same publication, which are given below:

  • #12 - Accounting
  • #30 - Part-time MBA
  • #27 - Economics

Year

QS Ranks

US News Ranks

2023

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-

Facilities

The campus is located in Fulton Hall in Chestnut Hill which is in the suburbs of Newton, Massachusetts. Students can easily reach Downtown Boston, one of the most dynamic and alive cities in the world, thanks to the location, which is suitable. On campus, there are a bunch of student organisations which students can take part in once they are enrolled here. Some of the other prominent facilities to avail of can be found below:

 

Residence Facilities - On campus, there are 30 residential buildings where people can find housing. All first-year students live on campus, compared to about 90% of graduate students who are permitted to live off-campus as well. There are options for both conventional and apartment-style housing. The apartments, which can accommodate up to 4 persons, are situated on the Lower Campus. There is traditional housing that can accommodate up to three persons. Residence buildings include Cheverus, Cushing, Claver, and Fenwick, among others.

 

Library - The James J. Byrnes Library is the official business library of the school. It is named after James J. Byrnes, a former trustee of Boston College and a prominent lawyer and politician. The library is located on the third floor of Fulton Hall. It provides access to a wide range of business-related resources, including books, journals, databases, and other online resources. The library's collection includes over 40,000 print volumes, as well as electronic resources such as databases, e-journals, and e-books.

Notable Alumni

Joe Tessitore
Joe Tessitore
American sports commentator
Parker Milner
Parker Milner
Ice hockey goaltender
Bruce Welty
Bruce Welty
American entrepreneur

Courses

Admission

Carroll School of Management Entry Requirements

 

Students wishing to apply to this school for their choice of business programmes should the admission procedure has certain criteria which need to be followed. Firstly, at the time of application, students should be 18 years of age. International students need to have a minimum score of 60% in their secondary school and bachelor's degree results. They should also make an application fee payment of $80 - $100 which is mandatory and non-refundable. Each applicant must provide the following documents to securely finish submitting their application for undergraduate or postgraduate courses: 

 

  • Official Academic Transcripts of High School
  • Letter (s) of recommendation
  • Statement of Purpose
  • Proof of financial support
  • Passport
  • Two passport-sized photographs
  • Required GPA: 3.36
  • Minimum English Test Scores - TOEFL or IELTS (6.5)
  • Test scores or GRE/ GMAT (645.6) if asked by the university
  • Resume or CV showing work experience 
  • Any other country-specific or course-specific requirements

 

Carroll School of Management Fees

 

Carroll School of Management has a number of undergraduate, postgraduate and doctorate certifications which are applied to by students world-wide. These courses are taught by a well-known faculty with years of experience. The fees for some of the most opted courses are listed below:

 

  • Master of Business Administration [M.B.A] - $54,550/Yr
  • Doctor of Philosophy [PhD] Finance - $54,420/Yr
  • Master of Science [M.S] Finance - $54,420/Yr
  • Doctor of Philosophy [Ph.D] Accounting - $54,420/Yr
  • Master of Science [M.S] Accounting - $55,720/Yr

 

Placements

Within three months of graduating, approximately 94% of the 2022 class's graduate students who were looking for work were employed. Graduates from the institute received starting salaries averaging 71,000 USD.  For students to network with employers, the institution hosts career fairs. Students can also use a variety of online resources, such as Eagle Link and Eagle Exchange, to locate suitable jobs for themselves. Additionally, the employment Development Team assists students with locating employment options, job openings, salary negotiations, interview preparation, etc.

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 Carroll School of Management through UniScholarz. You can find the following types of scholarships based on your academic performance and financial situation:


  • Merit-based scholarships

  • Need-based scholarships

  • Country-specific scholarships

  • College-specific scholarships

  • 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 Carroll School of Management. 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 Carroll School of Management. 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

Boston is a historic and culturally rich city located in the northeastern United States. Boston is home to some of the world's most prestigious universities and colleges like Carroll School of Management. It can be said that the average cost of living in Boston for students ranges between $2,286 and $2,843 per month. Overall, living in Boston as an international student can be a challenging but rewarding experience. Hence the expenses required to live in this city depend on certain factors which are listed below:

 

Particulars

Cost (Monthly)

Off-Campus Accommodation 

$1,808

On-Campus Accommodation

$1,251

Transportation

$132

Food Cost

$406

Utility Cost

$181

Entertainment

$60

Groceries

$68

Clothes

$108

Health Insurance

$80

Total Cost of Living with Off Campus Accommodation 

$2,843

Total Cost of Living with On Campus Accommodation 

$2,286

Annual Cost of Living

$34,116