Providence College’s School of Business ranked at No. 47 this year. The B-school fell six spots behind from last year’s ranking of No. 41. Providence’s School of Business had less selective admissions standards this year. The acceptance rate was 55.62% and an average SAT score of 1268, compared to last year’s acceptance rate of 47% and average SAT score of 1281.
2020 employment also took a hit at Providence College this year with 87.53% of the Class of 2020 securing a full-time position within three months of graduation, roughly eight percentage points lower than last year. Although, this dip may likely be attributed to the COVID-19 economic downturn as internship outcomes stayed strong at 94%, unchanged from last year. Employment outcomes was also Providence’s strongest methodological category as it finished 36th. It finished 47th in the academic experience category and 54th in admissions standards.
Providence College’s business education strongly emphasizes liberal arts and ethics with an abundance of opportunities to apply their knowledge and obtain relevant, real-world experience.
EMPHASIS ON LIBERAL ARTS AND ETHICS
Liberal arts serve as the foundation for business education at Providence with a strong focus on liberal arts. The curriculum features core focus and competency requirements in addition to linked major and minor course content. Undergraduate business majors at Providence include Accountancy, Finance, Management, and Marketing.
Additionally, all Providence undergraduates are required to take two years of seminar courses for the Development of Western Civilization Program, where they explore human history through many perspectives — from literature to philosophy to theology to art, and more.
First-year business students attend diversity and inclusion workshops focused on unconscious bias and working across differences. The workshops are designed to help students learn how to navigate collaborating with people from a variety of backgrounds in the workplace.
Students can also compete in the college’s Michael Smith Regional Ethics Case Competition, where student teams analyze a business ethics case and present their solutions to a panel of judges. The winning team wins a $2,400 prize.
Ethics and an understanding of how to work across differences are more important now than ever before as employers seek out not only skilled and capable workers, but individuals who have a strong grasp on soft-skills and collaboration. At Providence, business undergraduates are taught these skills early on so that they can graduate into the real world as compassionate, collaborative, and well-rounded business leaders. Providence alumni also rate the B-school’s ability to offer opportunities to nurture and improve students’ soft skills relatively high at an 8.9 average rating.
Providence students have a number of opportunities to apply their knowledge in real-world scenarios whether through projects or case competitions. 2018 alumni that we surveyed spoke highly about their experience in marketing elective courses, where they were able to develop relevant work skills.
“The required senior marketing elective I took prepared me for the fast-paced, results-oriented environment of a modern business setting, and one of the assigned projects turned into a longer collaborative effort outside of class with a classmate and two professors to edit and tailor the project into a published academic article, which was then submitted and accepted for publication in a marketing journal,” one 2018 alumni told us.
Marketing students can also participate in the annual American Marketing Association (AMA) Collegiate Case Competition, an event that brings together marketing students to solve and present a case study. Last year’s competition asked students to develop a comprehensive marketing plan targeting Generation Z in an effort to increase membership and relevance among American college students.
“Participating in the AMA Challenge was a prominent part of my senior year and helped me prepare for project management in my career,” another 2018 alumni said.
But these types of opportunities span well beyond fields such as marketing. Students interested in finance can participate in the Student Managed Portfolio, where they invest real money from the Providence College endowment. Unlike many student-managed funds, the PCSB Student Managed Portfolio extends to three different classes of assets: equity, fixed income, and alternatives.
“[The] student-managed investment fund provided me with real-world investment experience, actively managing ~30000 tech sector portfolio as part of a larger investment fund,” said another 2018 alumni.
“The student-managed investment fund at Providence College was a life-changing experience and opened my eyes to the world of Investments,” another 2018 alumni told us. “Naturally I find myself currently studying for the CFA while also working in my desired industry. My hope is to break into the insurance investment industry which I see as a perfect fit for my skill set.”
If you’re looking for a business education that includes an emphasis on in-demand soft-skills with plenty of opportunities to gain real-world experience, look no further than Providence College’s School of Business.