Wake Forest University School of Business
Winston-Salem, United States
- Cost of Living$ 15,912
- Tuition Fee From$ 47,524
- Country Rank-
- Batch Strength8,122
- Global Diversity10%
- Gender Ratio54 : 46
Overview
About
Wake Forest University, located in Winston-Salem, North Carolina, is a private, liberal arts and research institution founded in 1834. The university is known for its commitment to providing students with a well-rounded education and for its strong programs in the arts, sciences, and business. It offers students a challenging and rewarding educational experience that combines academic excellence with a strong sense of community and a commitment to service. One of the defining features of Wake Forest is its small class sizes. With an undergraduate enrollment of around 8,000 students, the university is able to maintain a student-to-faculty ratio of 9:1. This allows for a more personalized educational experience, with professors able to provide individualized attention and support to their students.
The university offers undergraduate degrees in over 40 majors and graduate degrees in business, law, and divinity. Wake Forest is particularly well-known for its schools of business, law, and medicine, which are consistently ranked among the best in the country. The university also has a strong focus on research and encourages students to engage in research opportunities with faculty members. Wake Forest also places a high value on community engagement and service learning. The university's Pro Humanitate Center coordinates service opportunities for students, both on and off campus, that allow them to apply their academic knowledge to real-world problems.
When it comes to campus life, Wake Forest is located in the heart of Winston-Salem, a city known for its rich history, cultural heritage, and vibrant downtown area. The university's Reynolda Campus is home to many of the university's academic and administrative buildings, as well as residence halls, dining facilities, and recreational spaces.
Ranking
US News & World Report 2024:
Wake Forest University achieved a notable position on the global stage, securing #463 position.
QS World University Ranking 2024:
Wake Forest University has shown excellence by securing 401–500 spot on the global scale.
Wake Forest University is one of the top universities in North Carolina. It has received several awards and recognitions from various educational publications. These rankings are based on factors like subjects and programmes, facilities, faculty, employment opportunities, etc. Below are some of the university’s notable achievements
- Times Higher Education University Rankings (2021) - #251-300
- Times Higher Education US College Rankings (2021) - #64
- US News National Universities (2021) - #28
- US News Best values School (2021) - #24
- CWUR National University Ranking (2021) - #79
- CWUR World University Rankings (2021) - #222
Year
QS Ranks
US News Ranks
2023
#438
-
Facilities
Wake Forest University provides a wide range of facilities to support the academic, social, and recreational needs of its students, faculty, and staff. From state-of-the-art academics and research facilities to residence halls, student centres, and athletics and recreation facilities, the university offers everything students need to succeed and thrive. Some of the key facilities and services include:
Academic buildings -
The university's Reynolda Campus is home to a variety of academic buildings, including the Z. Smith Reynolds Library, which is the main library on campus and houses a collection of over two million books and other materials. Other academic buildings on campus include the Kentner Stadium, which houses the university's engineering and computer science programs, and the Wake Forest Biotech Place, which is a research facility for the university's medical and biomedical sciences programs.
Residence halls -
Wake Forest offers on-campus housing for students in a variety of residence halls, including traditional residence halls, apartment-style living, and special interest housing. Many of the residence halls are located on the Reynolda Campus and offer amenities such as wireless internet, laundry facilities, and common areas for studying and socializing.
Student centres -
The university has several student centres that provide spaces for students to study, relax, and socialize. The Benson University Center serves as the primary student centre and includes a food court, bookstore, and meeting rooms. The Student Union is also another student centre that provides a space for students to relax, and study and also serves as a venue for events and activities.
Athletics and recreation facilities -
Wake Forest offers a variety of athletics and recreation facilities for students to use, including the Wake Forest Indoor Tennis Center, the Wake Forest Softball Park, the Wake Forest Soccer Complex, and the Wake Forest Baseball Park. The university also has several fitness centres, including the Reynolds Gymnasium and the Bridger Field House, which offer weightlifting and cardio equipment, as well as group fitness classes.
Art museum -
The university's Museum of Anthropology is a great facility for students and visitors to explore and learn about the cultural heritage of the Americas, Africa, and Asia.
Notable Alumni
Courses
Admission
Acceptance Rate
Wake Forest University acceptance rate is only 21% for international students in 2024. It is among the top 5% of the most difficult universities to gain admission to in the United States.
Wake Forest University, Winston-Salem Entry Requirements
With a low acceptance rate, the admission procedure at Wake Forest can be competitive. The university has a set of requirements for the students to be eligible for admission. These requirements vary based on specific programs. Students may also have to pay an application fee of $65. Below are the basic requirements required for admission at the university:
- Students need to submit certified high-school or college transcripts.
- Qualifying score in TOEFL or IELTS
- Letters of recommendation
- Personal statements
- Resume/CV
- Portfolios
- Interview
- Work experience
Submission of SAT and ACT scores is not compulsory. If they are submitted, they are to be sent directly to Wake Forest University from the testing institution. However, graduate programs may require GRE scores or GMAT scores as per the program requirement.
Wake Forest University, Winston-Salem Fees
Wake Forest University offers several programs to both undergraduate and graduate students. Below are the fees of some of the most preferred programs available at the institution:
- Master of Science [M.S] Business Analytics - $51,084 /Year
- Bachelor of Science [B.S] Mathematical Business - $59,134 /Year
- Master of Science [M.S] Management - $47,524 /Year
- Bachelor of Science [B.S] Business and Enterprise Management - $59,134 /Year
- Bachelor of Science [B.S] Accountancy - $59,134 /Year
- Bachelor of Science [B.S] Finance - $59,134 /Year
Placements
Wake Forest University provides a wide range of placement services to help students and alumni with their job search and career development. From career services and job search resources to mentoring and networking opportunities, the university offers everything students need to succeed in the job market after graduation. Some of the key services include
Career Services -
The university's Career Services office offers a range of services and resources to help students and alumni with their job search and career development. These services may include assistance with resume and cover letter writing, interviewing techniques, and networking opportunities.
Job search resources -
The university has an online job portal where students and alumni can search for job and internship opportunities, and connect with employers. Additionally, the Career Services office may host career fairs and other events throughout the year to connect students and alumni with employers.
Alumni network -
Wake Forest has a large and engaged alumni network that can be a valuable resource for students and graduates looking for job and career opportunities. The university's Alumni Career Services office can help connect students and alumni with alumni who work in their desired fields.
Mentoring and networking opportunities -
The university may also offer mentoring and networking opportunities for students and alumni, such as through the Wake Forest Alumni Mentoring Program, which connects students and alumni with alumni who can provide guidance and advice on career development.
Internships and experiential learning -
The university also encourages students to gain practical experience in their field of study through internships, co-op, and service-learning opportunities. The university's Internship and Experiential Learning office can help students find and secure these opportunities.
Scholarship
No matter what programme you are enrolled in, numerous scholarships are available through the University and various other organisations. With the abundance of scholarships currently offered, international students can significantly reduce the financial strain of studying abroad. Scholarships to study at Wake Forest University School of Business can be applied for via UniScholars. Depending on your academic performance and economic circumstances, you can find the following scholarships:
No matter what programme you are enrolled in, numerous scholarships are available through the University and various other organisations. With the abundance of scholarships currently offered, international students can significantly reduce the financial strain of studying abroad. Scholarships to study at Wake Forest University School of Business can be applied for via UniScholars. Depending on your academic performance and economic circumstances, you can find the following scholarships:
|
Scholarship Name |
Description |
|
MSBA Scholarships |
Various scholarships for MSBA students. |
|
Dingledine Scholarship for Positive Social Impact |
Awarded for positive social impact. |
|
Mary Reynolds Babcock Foundation Scholarships |
Multiple scholarships from the Babcock Foundation. |
|
Simonetti-Dupree Scholarship |
Scholarship awarded to business students. |
|
Alm Family Scholarship |
Family-funded scholarship. |
|
Jean Hopson Scholarship |
Awarded to business students. |
|
Robinson-Kelly Scholarship Fund |
Scholarship for business students. |
|
Bowman Family Scholarship |
Family-funded scholarship. |
|
Lisbeth C. Evans and James T. Lambie-Wiseman Scholarship Fund |
Funded by Evans and Lambie-Wiseman families. |
|
Combs Celebrate Freedom Scholarship Fund |
Scholarship fund for business students. |
|
Frisby Business Scholarship |
Awarded to business students. |
|
Marr-Wiseman Graduate Business Scholarship |
Graduate business scholarship. |
|
The Flow Scholars Program |
Scholars program for business students. |
|
Griggs-Wiseman Scholarship |
Awarded to business students. |
|
Gunckel-Wiseman Scholarship |
Scholarship for business students. |
|
Hatchell Retail Innovation Scholarship |
For innovation in retail. |
|
Havells Scholarship Program |
Scholarship for business students. |
|
Wachovia Scholarship |
General scholarship for business students. |
|
Wells Fargo Scholars Program |
Scholars program funded by Wells Fargo. |
|
Wiseman Scholarship |
General business scholarship. |
|
MSA Scholarships |
Various scholarships for MSA students. |
|
Benjamin Lancaster Jr. Accounting Scholarship |
For accounting students. |
|
Jean Hopson Scholarship |
Awarded to MSA students. |
|
Munnings-Dupree Business Scholarship |
Business scholarship for MSA students. |
|
Bowman Family Scholarship |
Family-funded scholarship. |
|
Leon Cook Scholarship |
Accounting scholarship. |
|
Deloitte Foundation Accounting Scholars Program |
Scholars program funded by Deloitte. |
|
Honeycutt-Kelly Family Accountancy Scholarship Fund |
Funded by the Honeycutt-Kelly family. |
|
Michelle Bettin Scholarship |
Scholarship for accounting students. |
|
Peter Stathis Endowed Accountancy Scholarship Fund |
Endowed scholarship for accountancy. |
|
Perry-Wiseman Accounting Scholarship for Graduate Students |
Scholarship for graduate accounting students. |
|
Linda and Sal Restivo Scholarship Fund |
Funded by Linda and Sal Restivo. |
|
Dixon-Kelly Family Accountancy Scholarship |
Family-funded accounting scholarship. |
|
MS in Management Scholarships |
Various scholarships for MS in Management students. |
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 Wake Forest University 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 Wake Forest University 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
Winston-Salem, North Carolina, the home of Wake Forest University, is a city with a rich history, vibrant arts scene, and plenty of opportunities for outdoor recreation. The city offers students at Wake Forest University a diverse array of recreational, cultural, and social activities, as well as a diverse and vibrant community.
The city has a vibrant downtown area with a variety of restaurants, shops, and bars. The city also has a thriving arts scene, with several theatre companies, a symphony orchestra, and a number of art galleries and museums. The Reynolda House Museum of American Art is a particularly notable attraction, featuring works by American artists such as Georgia O'Keeffe, Edward Hopper, and Winslow Homer. Outdoor enthusiasts will find plenty of options in Winston-Salem as well, including Tanglewood Park, which features hiking trails, a lake, and a golf course, and the Winston-Salem Greenway, a network of trails and parks that winds through the city.
Many students prefer Winston-Salem due to its affordability. The city is also ranked among the top 3 metros nationally for overall value and housing affordability and has a lower cost of living than Raleigh, Charlotte, and many others across the country. The following are living expenditures that prospective students should plan for:
|
Items |
Cost |
|
Off-Campus Accommodation |
$721 |
|
On-Campus Accommodation |
$779 |
|
Transportation |
$83 |
|
Food Cost |
$341 |
|
Utility Cost |
$134 |
|
Entertainment |
$48 |
|
Groceries |
$48 |
|
Clothes |
$85 |
|
Health Insurance |
$80 |
|
Total Cost of Living with Off Campus Accommodation |
$1540 |
|
Total Cost of Living with On Campus Accommodation |
$1598 |
|
Annual Cost of Living |
$19176 |