Poets&Quants Top Business Schools

Elon University Love School of Business

#40

Contact our general manager with any questions. Profile updated: January 24, 2024.

Contact Information

Location:
100 Campus Drive
Elon, North Carolina 27244
Admissions Office:
800-334-8448

Tuition & Fees In-State: $221,192*

Tuition & Fees Out-of-State: $221,192*

Average Salary: $69,012

Graduates With Jobs 90 Days After Graduation: 97%

International: 5%

Minority: 14%

First generation college students: 9%

When do students declare their majors: Freshman Year

Acceptance Rate: 67%

Average SAT: 1,277

Average ACT: 27

Average GPA: 3.93

HS Class Top Ten: 45%**

*The total cost of the degree over four years for the most recent graduating class inclusive of school fees, room, board, or living expenses.

** HS Class Top Ten is the percent of the student population that graduated high school in the top ten percent of their class.

*** Please note that these statistics are provided for the business school major only whenever possible. If a school does not track these statistics separately, then the university-wide statistics are provided.

The Elon University’s Martha and Spencer Love School of Business (LSB) landed at No. 40 in the 2023 rankings this year – down just one place from last year’s No. 39 in the 2022 rankings. The Love School had a more selective acceptance rate of 67.30% for their most recent incoming class, in contrast to 74.22% for last year’s incoming class. Their average SAT scores rose from 1256 for last year’s class to 1277 for the most recent incoming group of students. 

Students graduate from LSB with strong employment prospects. The Class of 2023 scored a 97.45% full-time employment rate within three months of graduation – almost identical to that of last year’s 97.59% rate and the previous year’s 97.20%. 

Additionally, a perfect 100% of the Class of 2023 participated in at least one business-focused internship before graduating – breaking through last year’s 99% for the Class of 2022. The Elon Love School was lifted by a 17th-place finish in the Academic Experience category of the rankings and a 28th place finish in the Career Outcomes category.

LSB’s vision is to prepare its students to lead with the skills and aspiration to make the future better for the organizations and communities in which they serve. That vision is embodied through the B-school’s values-driven education and strong study abroad opportunities.

VALUES-DRIVEN EDUCATION

LSB students can choose from majors including: Accounting, Business Analytics, Economics, Economic Consulting, Entrepreneurship, Finance, International Business, Marketing, Project Management, Human Resource Management, and Supply Chain Management. 

A small, but significant distinction of the LSB education is how the B-school structures its credits. While most B-schools use the standard three-credit course structure, LSB offers four-credit hour courses, to allow sufficient time during a class for students to begin, complete, and debrief on projects.

 Many alumni we surveyed highlighted projects or experiences that had an element of community service-based values. 

“I did a service experiential learning that provided volunteer income tax assistance; it gave me real-world experience which helped me develop and prepare for my career,” one alumni told us. “The work itself also impacted me greatly about the difference this kind of service can make in the community.”

“During my time at Elon I was able to work with local businesses in Downtown Burlington North Carolina through the Business Fellows Consulting project, and this truly sparked my interest in management and people-driven consulting,” another alumni said. 

The B-school actively encourages students to apply their business knowledge to make a real impact. Students can apply for the Love Award for Excellence in Business Leadership, a $12,000 grant to support an independent research project. 

LSB encourages students to travel abroad and learn business from a global perspective. Students have 106 semester abroad opportunities offered through Elon University. Of those, 50 are business-specific. LSB students can choose to study anywhere around the world from Sydney to the United Arab Emirates. 

With its values-focused education and strong global opportunities, LSB is a B-school that truly lives up to its vision of building business leaders who are intent on making a real difference in the world. 

Alumni say:

Capstone Project Case Study and Simulation – allowed us to work as a team to analyze and provide recommendations on real world issues using all of our previous coursework. This was a very important and meaningful task that allowed me to feel confident and prepared to excel in my job following graduation. The mentorship these professors exemplify serves as just another reason why these classes and projects demand so much from students and prepare them so well.”

“A class called start-up implementation gave us capital provided by the school to start a new venture throughout the semester and the professors acted like investors. It gave us time to research all aspects of the industry we were getting involved in and the professors helped us see things that we couldn’t have thought of on our own. It was an amazing experience and helped us discover new avenues in the entrepreneurial world.”

“I was a part of the business fellows program which offered specialized classes including study abroad programs where we worked with a microfinance initiative and a consulting class where we worked with a local small business to help them grow revenue. Both of these experiences were some of the first tangible real world experience I had and allowed me to better pursue careers I wanted and use the experience I gained in job interviews after graduation.”

“I competed in multiple case competitions both domestically and internationally. These programs and the preparation required for them were instrumental in my growth as a young professional.”

“The business fellows portfolio investment course allowed students real-world experience in researching companies and giving pitches in a unique and meaningful way that truly impacted the endowment.”