Simon Business School
Rochester, United States
- Cost of Living$ 33,528
- Tuition Fee From$ 60,192
- Country Rank-
- Batch Strength527
- Global Diversity-
- Gender Ratio-
Overview
About
Simon Business School is a business school located at the University of Rochester in Rochester, New York, United States. It was founded in 1958 and is named after William E. Simon, a former U.S. Treasury Secretary and graduate of the University of Rochester. This b-school offered its first MBA degree in 1962, thereafter the decision was taken by the then Dean of the university to create this first-class business school.
Simon Business School offers a variety of graduate business programmes, including MBA, MS, and PhD degrees in various fields such as finance, marketing, accounting, and entrepreneurship. The school also offers a number of PhD programmes in several business disciplines. The school is known for its expertise in quantitative analysis, and its curriculum emphasises data-driven decision-making.
Ranking
This business school in the year 2022 received several reputable rankings by US News and World Report. This famous publication has positioned the school at #33 in Best Business Schools. Moreover, its Part-time MBA received a ranking of #43 in the same year. Moving further, the b-school was also ranked by Bloomberg and Financial Times, whose ranking can be read below:
- #25 - Best Business School - Bloomberg Businessweek 2021
- #43 - Best Business School in the World - Financial Times 2022
- #29 - Overall among US Business Schools - Financial Times 2022
Course-wise Rankings:
- #26 - Best MBA in the US - Financial Times 2022
- #2 - MS in Finance Pre-Experience in the US 2022
- #45 - Best MBA in the World - Financial Times 2023
- #22 - Best MBA programme - Fortune 2022
- #85 - MBA programme - QS Global Ranking 2023
Year
QS Ranks
US News Ranks
2023
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Facilities
The River Campus is the main campus of the University of Rochester, where Simon Business School is located. The campus is situated on a 154-acre plot of land on the Genesee River, and it is home to the school’s undergraduate and graduate students. The River Campus has a beautiful, park-like setting with gardens, fountains, and plenty of green spaces. The campus is home to more than 200 student organisations and has a rich cultural life, with numerous musical, theatrical, and other artistic throughout the year. There are many facilities to avail of, which are given below:
Schlegel Hall: This is the main building of Simon Business School and houses the administrative offices, classrooms, study rooms, and computer labs. It also has a cafe and a lounge area for students.
Saunders Hall: This is another building on campus that is used for business education. It includes classrooms, study rooms, and offices for faculty members.
Simon School Executive Education Centre: This facility is used for executive education programs and conferences. It includes a large auditorium, classrooms, and meeting rooms.
Rettner Hall: This is a research building that houses several research centres and institutes, including the Centre for Pricing and Revenue Management and the Center for Entrepreneurship.
Accommodation: There are several rooms accessible for students in graduate housing. The student accommodation offers a number of amenities, including pest control, snow clearance, garbage disposal, and recycling. The quarters are given out through a lottery system that is set to start each May.
Notable Alumni
Courses
Admission
Simon Business School Entry Requirements
Students wishing to apply to this college should note that they can either on the university’s website or physically, either way, the admission procedure remains the same. 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 $90 which is non-refundable and mandatory to submit the application. Each applicant must provide the following documents to finish submitting their application securely:
- Official Academic Transcripts of High School
- Letter (s) of recommendation
- Statement of Purpose
- Proof of financial support
- Passport
- Two passport-sized photographs
- Required GPA: 3.1
- Minimum English Test Scores - TOEFL (107) or IELTS (7.5)
- GRE score Quant (147 - 163) and Verbal (149-163)
- GMAT score (540-720)
- Resume or CV showing work experience
- Any other country-specific or course-specific requirements
Simon Business School Fees
The Simon Business School, which is part of the University of Rochester, has several programs with varying tuition fees. Here are the estimated tuition and fees for the academic year 2023-2024:
- Master of Arts [M.A]/Master of Business Administration [M.B.A] - $60,192/Yr
Placements
Top businesses participate in the recruitment process at the university, providing students with a fantastic placement structure. With an average income of $101,519, Simon Business School has a 74.10% employment rate. Professionals in financial management and strategy are paid the highest compensation, $256,000, while financial service professionals are paid the least, $110,000. As a result, MBA graduates receive the best salaries.
Scholarship
Regardless of the programme you are studying, there are several scholarship opportunities provided by this university as well as other organisations. With so many scholarships available now, overseas students can significantly lower the financial burden of studying in a new country. You can apply for scholarships to study at the university through UniScholars. 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 in order 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 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. You may select from a wide choice of affordable yet elegant student flats, halls of residence, studios, ensuites, and more! You have the option of staying on campus in the university halls of residence or in 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
Rochester is a city in upstate New York, in the northeastern United States. It is the third-largest city in the state, after New York City and Buffalo, and has a population of approximately 200,000 people. The cost of living in Rochester, NY for students is relatively affordable compared to other major cities in the United States. It can vary depending on factors such as lifestyle, location, and individual spending habits. However, here are some estimated costs that students may encounter:
|
Particulars |
Cost (Monthly) |
|
Off-Campus Accommodation |
$2,040 |
|
On-Campus Accommodation |
$1,461 |
|
Transportation |
$91 |
|
Food Cost |
$483 |
|
Utility Cost |
$151 |
|
Entertainment |
$46 |
|
Groceries |
$46 |
|
Clothes |
$88 |
|
Health Insurance |
$80 |
|
Total Cost of Living with Off-Campus Accommodation |
$3,025 |
|
Total Cost of Living with On-Campus Accommodation |
$2,446 |
|
Annual Cost of Living |
$36,300 |