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College of Business, Northern Illinois University - Barsema Hall

DeKalb, United States

  • Cost of Living$ 22,200
  • Tuition Fee From$ 6,279
  • Country Rank-
  • Batch Strength15,649
  • Global Diversity7%
  • Gender Ratio53 : 47

Overview

About

The College of Business at Northern Illinois University (NIU) is one of the premier business schools in the state of Illinois. Located in Barsema Hall on the DeKalb campus, the college offers a range of undergraduate and graduate degree programmes in business administration, accountancy, and finance.

 

Founded in 2011, the business college is a state-of-the-art facility that provides students with a cutting-edge learning environment. The building includes a number of classrooms, seminar rooms, computer labs, and study spaces, all equipped with the latest technology to support students' academic pursuits. In addition, the hall houses a number of specialized centres and institutes that offer students the opportunity to engage in research and experiential learning.

 

The college offers a range of undergraduate programmes, including Bachelor of Science degrees in Accountancy, Business Administration, and Finance. These courses provide students with a strong foundation in the core business disciplines, and also offer a range of specialized tracks and concentrations that allow students to tailor their education to their specific career goals. The college also offers a number of minors and certificates that can be combined with a major in another discipline to provide students with a well-rounded education.

 

At the graduate level, the College of Business offers a Master of Business Administration (MBA) degree, as well as a Master of Science in Accountancy (MSA) degree. These programmes are designed for students who want to further their education and advance their careers in the business world. The MBA programme offers a flexible curriculum that allows students to tailor their coursework to their interests and career goals and includes a number of experiential learning opportunities such as internships and consulting projects. The MSA programme is designed to prepare students for careers in accounting and auditing and includes coursework in advanced accounting theory and practice, taxation, and financial reporting.

 

The College of Business at NIU is also home to a number of specialized centres and institutes that provide students with opportunities for research and experiential learning. These include the Center for Economic Education, the Center for Governmental Studies, the Small Business Development Center, and the Center for Brand and Product Management. These centres and institutes work closely with local businesses and organizations to provide students with hands-on experience in their chosen fields, and also conduct research that informs policy and practice in the business world.

Ranking

The business college has a long history of excellence. It has been ranked by Poets&Quants in the top 100 business schools for undergraduate students in the nation. The rank has been increasing consistently which shows that the institution strives to provide the best education and college experience to its students. The NIU College of Business is also ranked #30 for overall academic experience. The institution is also recognized as one of the nation’s esteemed business schools for 34 consecutive years, since 1987 according to  U.S. News Report (2022). Below are a few more ranking highlights of the business college

  • Poets&Quants - Most diverse student body (National) (2022) - #3
  • Poets&Quants Attracting and retaining high-quality students (2022) - #55
  • Poets&Quants Nurturing and improving soft skills in business (2022) - #55
  • Poets&Quants Nurturing and improving soft skills in business (2022) - #55

Year

QS Ranks

US News Ranks

2023

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-

Facilities

The College of Business at Northern Illinois University is located in Barsema Hall, which is a state-of-the-art facility that offers a wide range of amenities and resources for students, faculty, and staff. Here are some of the facilities available at the College of Business in Barsema Hall:

 

Classrooms: Barsema Hall has 25 classrooms equipped with the latest technology, including projectors, sound systems, and high-speed internet access.

 

Computer labs: The College of Business has four computer labs, each equipped with the latest software and hardware. The labs are available to students for coursework and research.

 

Student lounges: Barsema Hall has several student lounges where students can relax, study, and socialize.

 

Conference rooms: The College of Business has several conference rooms equipped with audiovisual equipment, making them ideal for meetings and presentations.

 

Trading Room: The trading room at Barsema Hall features 24 Bloomberg terminals, which are used by students to learn about financial markets and conduct research.

 

Career Services: The College of Business provides a dedicated career services centre to assist students with job search strategies, resume writing, and interview skills.

 

Faculty offices: Barsema Hall has over 90 faculty offices where professors are available to meet with students and conduct research.

 

Student organizations: The College of Business has over 20 student organizations, including clubs focused on accounting, finance, marketing, and entrepreneurship.

 

Library: The College of Business Library is a quiet study space equipped with a vast collection of books, journals, and online resources.

Courses

Admission

College of Business, Northern Illinois University - Barsema Hall Entry Requirements

The College of Business at Northern Illinois University - Barsema Hall offers undergraduate, graduate, and professional programmes. The application process is moderately competitive, with requirements varying based on which programmes the student chooses. Students can fill out the application form from the institution’s official website and they may also need to pay an application fee. Below are the supporting documents required for admission:

  • High School Diploma
  • 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 into the English language
  • Proof of English proficiency
  • Proof of financial ability
  • SAT/ACT scores
  • GMAT/GRE scores
  • 2 Letters of recommendations
  • Resume
  • Statement of purpose

 

Accepted English proficiency test scores

  • TOEFL  iBT - 80
  • TOEFL PBT - 527 -
  • IELTS - 6.5

 

College of Business, Northern Illinois University - Barsema Hall Fees

The university offers several programmes at different levels. Listed below are the College of Business, Northern Illinois University fees based on different courses

  • Master of Science [M.S] Finance - $29,024 /Year
  • Bachelor of Science [B.S] Operations and Information Management - $9,891 /Year
  • Certificate Business Analytics (SAS Software) - $6,279 /Year
  • Master of Business Administration [M.B.A] - $25,731 /Year
  • Bachelor of Science [B.S] Management - $9,891 /Year

 

Placements

The College of Business at Northern Illinois University (NIU) has a strong record of placing its graduates in high-quality jobs in a variety of industries. The college has a dedicated Career Services office that works closely with students to help them identify and pursue career opportunities and provides a range of resources and support to help students achieve their career goals.

 

According to the most recent data available, 93% of the college's undergraduate students and 96% 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 college's academic programmes, as well as the strength of its relationships with employers in the region and beyond.

 

The college has a wide network of corporate partners and alumni who actively recruit and mentor students, and who provide valuable insights into the changing needs of the job market. These relationships enable the college to offer a range of career-focused programmes and activities, such as networking events, employer information sessions, job fairs, and mentoring programmes, that help students develop the skills and experience they need to succeed in the workforce.

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 College of Business, Northern Illinois University 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 College of Business, Northern Illinois University. 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 College of Business, Northern Illinois University. 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

DeKalb is a college town in northern Illinois that is home to Northern Illinois University (NIU). As a result, student life in DeKalb is largely centred around the university and its activities. DeKalb has several parks and nature areas, such as the Russell Woods Forest Preserve and the Prairie Park Nature Center. When it comes to the cost of living, housing is 22% cheaper and utilities are 13% cheaper compared to the national average. This makes the town an affordable option for international students. Below is a list of the expenses that prospective students should keep in mind


 

Items

Cost

Off-Campus Accommodation 

$1,297

On-Campus Accommodation

$1,389

Transportation

$77

Food Cost

$327

Utility Cost

$80

Entertainment

$38

Groceries

$46

Clothes

$65

Health Insurance

$80

Total Cost of Living with Off-Campus Accommodation 

$2,010

Total Cost of Living with On-Campus Accommodation 

$2,102

Annual Cost of Living

$24,120