Poets&Quants Top Business Schools

Binghamton University School of Management

#28

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

Contact Information

Location:
Admissions Office:
N/A

Tuition & Fees In-State: $116,637*

Tuition & Fees Out-of-State: $229,645*

Average Salary: $82,683

Graduates With Jobs 90 Days After Graduation: 84%

International: 5%

Minority: 19%

First generation college students: 23%

When do students declare their majors: Freshman Year

Acceptance Rate: 25%

Average SAT: 1,437

Average ACT: 33

Average GPA: 4

HS Class Top Ten: 51%**

*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.

Binghamton University School of Management landed at No. 28 in the 2023 rankings this year  – only a few places behind their No. 26 place last year. Binghamton has continued to impress since their 2020 ranking at 47th place. 

The school earned its place in the rankings anchored by a No. 33 placement in the Admissions Standards category, No. 32 in Career Outcomes, and No. 21 in Academic Experience. Binghamton had an acceptance rate of 24.90% for their most recent incoming class of students – more selective than last year’s 27.10% by a few percentages. Their average SAT scores went up just a bit from 1434 to 1437 for their newest class.

The B-school improved wildly as well as far as internships go. Some 99% of the Class of 2023 scored a business-focused internship before graduating, up from last year’s 87.90% for the graduating Class of 2022. As far as career outcomes go, their numbers were slightly higher this year, with 84.17% of the Class of 2023 securing a full-time position by the time of graduation as compared to 82.20% for the Class of 2022. The average starting salary for the Class of 2023 was $82,683.

The southern New York-based B-school has drastically expanded its undergraduate education over the years to become a competitive program. But Binghamton’s School of Management wasn’t always the B-school it is today. Originally a department within Binghamton University’s Harpur College, the B-school officially established itself into the School of Business in 1970. 

Fast forward to now, the School of Management is just over 50 years old. Over the decades, Binghamton’s School of Management has come to be known for a business education that allows students to gain real, valuable insight into their career interests. 

TWO MAIN DEGREE PROGRAMS 

Binghamton students can choose from two undergraduate business programs including a BS in Accounting or a BS in Business Administration. Binghamton’s accounting program offers students a strong foundation in the theory and practice of accounting. Graduates of this program go on into careers of public and corporate accounting. First year courses cover topics ranging from Differential Calculus to Computer Tools for Management. 

For those looking for a general business education, Binghamton’s business administration program offers a solid background in the liberal arts and an extensive foundation in management. Students in this program can also choose to complete a concentration in areas such as Business Analytics, Entrepreneurship, Finance, Leadership and Consulting, Management Information Systems, Marketing, Quantitative Finance, and Supply Chain Management. 

Additionally, the B-school also has a program sponsored by PricewaterhouseCoopers (PwC) called The School of Management Scholars Program. An honors program of sorts, the Scholars Program requires participating students to maintain a cumulative GPA of 3.6 each semester along with additional course requirements. Scholars have exclusive access to unique events and programming including an international trip, speaker series, and special honors seminars. 

CAREER EXPLORATION 

Binghamton offers several programs that give students an opportunity to explore potential careers. One of the signature programs at Binghamton is the EY Trajectory Program, which allows students to develop a career focused mentorship relation, develop a career-focused mentoring relationship, earn academic credit and network with EY professionals. At the end of the program, students give a final presentation to senior management. 

For many students, the EY Trajectory Program offers a unique opportunity to see what the world of consulting is like while also gaining valuable skills and connections.  

These types of opportunities to explore potential careers are highly valuable to business education. And at Binghamton, the opportunities are often with real professionals at influential companies and organizations, giving students unique insight into the fields of their interest. 

Overall, Binghamton alumni view these opportunities positively. When asked how they would rate the opportunities at Binghamton to nurture and improve soft skills such as verbal and written communication skills, adaptability, delegation, and time management, 2019 alumni gave a strong 9.1 average rating. 

With its strong corporate partnerships and an integrated learning experience that offers students a view into what potential careers look like, Binghamton’s School of Management is certainly a B-school to look out for. 

Alumni say: 

I completed a senior thesis for PwC Scholars and the SOM capstone course senior year. The PwC Scholars senior thesis stands out as important to me since it was an opportunity to complete research on a topic of my choice as an undergraduate student. The research I performed connected one of my concentrations in my business major to my health minor and allowed me to learn more about the ongoing COVID-19 pandemic.”

“The capstone course for my consulting concentration included developing a 2-3 year strategic business plan for a local nonprofit. This project was a great way to learn how to interact with customers in a consulting situation, and also we were helping a local nonprofit in the community grow and improve.”

“The senior year capstone management class featured a semester-long simulation in which the class was broken up into groups to compete with companies in the same industry. Each week the groups would enter decisions into the online simulation that related to inventory management, production, marketing budget, and debt management. These decisions would impact profit, in the end each company was evaluated based on these decisions.”

“My time abroad in China during my junior year opened my eyes to the true depth of worldwide markets. I developed a deeper appreciation for the scale and interconnectedness of global markets. I went to China with approximately 30 other honors students to meet with business professionals and visit cultural sites to develop a better understanding of the Chinese market.”

“I participated in an equity research internship where I built out a formal industry evaluation and did a deep dive on three laboratory companies. It was an extremely valuable experience, as I gained a better understanding of valuation modeling and other technical skills that I’ve been able to leverage in my current role, and for external opportunities as well. I was also able to build my professional network that I still maintain contact with.”