Poets&Quants Top Business Schools

Lipscomb University College of Business

#56

Contact our general manager with any questions. Profile updated: January 15, 2021.

Contact Information

Location:
One University Park Drive
Nashville, TN 37204
Admissions Office:
1-877-58-BISON

Tuition & Fees In-State: $121,456*

Tuition & Fees Out-of-State: $121,456*

Average Debt: $32,000

International: 7%

Minority: 17%

First generation college students: 14%

When do students declare their majors: Freshman Year

Acceptance Rate: 38%

Acceptance Rate Transfers: 58%

Average SAT: 1,130

Average ACT: 23

HS Class Top Ten: 30%**

*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 statics 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.

Lipscomb University’s College of Business ranked No. 56 this year. Falling 10 spots from last year’s No. 46, Lipscomb had an acceptance rate of 86.21% and an average SAT score of 1161 this year. Employment and internships saw a decline this year with 87.50% of the Class of 2020 having full-time employment within three months of graduation and 89% having a business-focused internship before graduating, compared to last year’s 90.80% employment and 99% internship outcomes. 

Still, the employment outcomes was the strongest category for Lipscomb, where it finished No. 56 overall.

As a Christian liberal arts university, Lipscomb places heavy emphasis on integrating faith and business. Students are encouraged to lead with integrity and are given a solid set of professional skills and expansive resources and opportunities to thrive in the business world.

INTEGRATION OF FAITH AND BUSINESS

The Lipscomb education centers around integrating faith into the real world of business. All Lipscomb business students are required to take a Business Values class as part of the core curriculum. The course explores ethical issues from a Christian perspective and challenges students to analyze and frame ethical dilemmas including topics of sustainability, diversity, and multicultural work environments.

Lipscomb offers a Bachelor of Business Administration degree in Management, Marketing, Finance, and Accounting. Additionally, the B-school recently started requiring all business majors to complete a minor in Business Analytics. Students will be required to take analytics courses such as “Data-Driven Decision Making” and “Enterprise Systems, Reporting, and Visualization.” 

Each major features a unique capstone project, with many requiring an internship element and all implementing some element of real-world, experiential learning. 

“Our capstone class involved teams of students competing against each other, with each team managing a company while adapting to shifting industry trends,” one 2018 alumni told us. 

Lipscomb places a strong emphasis on the real-world of business. With its capstone projects and required business analytics minor, the B-school ensures that each and every student is equipped with the in-demand knowledge and real-world experience by the time they graduate. Coupled with its strong Christian values, the Lipscomb education is one that truly finds itself at the integration of faith and business. 

KITTRELL PITCH COMPETITION

One of the signature opportunities available to Lipscomb students is the annual Kittrell Pitch Competition. 

The Kittrell Pitch Competition challenges students to pitch a business idea for a product or service to a panel of professionals. The competition takes place in both semesters. The fall competition is open to undergraduate and graduate students from any major. First-place winners receive a $2,500 cash prize with second and third place winners receiving cash prices of $1,500 and $1,000, respectively. Additionally, all first, second, and third place winners automatically qualify for the final round in the spring pitch competition and advising from the Center for Entrepreneurship. The spring competition takes the pitch to the next level, with up to $10,000 first-place prize for the winning team, who also receives personal advising from a mentor with relevant industry experience. 

The annual pitch competition is a fun, yet engaging opportunity for students to explore entrepreneurship and learn from professionals. Additionally, because the competition is held both semesters, students essentially have a year-long opportunity to test out their business ideas and get valuable advice. 

FINANCIAL MARKETS LAB

Lipscomb is constantly looking for ways to provide innovative and cutting edge resources for its students. 

It recently opened its brand new Financial Markets Lab, a completely renovated classroom space that real-time market tickers, television monitors to view business news outlets, and a bank of computer stations that offer access to Bloomberg Terminal, a financial services platform that offers real-time and historical data, market news and analytics for financial professionals. 

“The Financial Markets Lab is designed to give our students the feel of what a real Wall Street trading floor is like,” Brian Masterson, assistant professor of accounting and chair of Lipscomb’s Department of Accounting, Finance and Economics, says in a press release. “Our goal in developing this lab was to create a space particularly for our finance students to have the best tools available to them as they prepare to enter the workforce, but it is a resource that will enhance the educational experience of every business student.”

The new Markets Lab is a prime example of how Lipscomb is committed to ensuring students have not only the in-demand business skills but proper resources to apply those skills. With its emphasis on leading with faith, integration of valuable skills such as business analytics, and plenty of experiential opportunities and resources, the Lipscomb College of Business offers the full business education package. 

Alumni say: 

“I was given the opportunity to research the impact of blockchain on the future of accounting.”

“We did a simulation on running an international shoe company.”

“Involved in a case study capstone class where we looked at the financials of a company. Did this in audit too.”