Poets&Quants Top Business Schools

Providence College School of Business

#41

Contact our general manager with any questions. Profile updated: June 8, 2020.

School Data

Tuition & Fees In-State: $191,882*

Average Debt: $29,281

When do students declare their majors: Freshman or Sophomore Year

Internship Rate: 94%

Graduates With Jobs 90 Days After Graduation: 96%

Total Average Compensation (Including Bonus): $57,579

International: 2%

Minority: 19%

First generation college students: 15%

Acceptance Rate: 47%

Average SAT: 1,281

HS Class Top Ten: 26%**

*The total tuition and fees for the most recent graduating class. This does not include books, room, or board.

** 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.

It takes one quick glance at the Providence College School of Business website, to learn what the school’s all about. It has a liberal arts foundation with a Catholic, Dominican tradition. But what does that mean for a business school? “We offer a liberal arts-based business education,” says Dean Sylvia Maxfield. “At the PCSB we’re shaping a different
kind of business education. As the only U.S. college founded and administered by Dominican friars, we understand the need for meaning, connection, and purpose in business and life. The future of business requires people with the skills to find common ground, thoughtfully analyze options, and contribute ethically to solutions together. Our liberal arts foundation and analytical business program work together to produce graduates who are indispensable to employers and personally fulfilled.”

Most students, faculty, and staff at the Northeastern school are Catholic. The “last chance” 10:30 p.m. mass on Sundays is almost always standing room only. And students are required to take classes in philosophy and theology. But don’t let the overt Catholicism overshadow what the school offers to students from all walks of life and faith.

Located in Providence, which serves as the capital of Rhode Island, the city is also home to Brown University and the Rhode Island School of Design. With several institutes of higher learning in the city, there are many hole-in-the-wall bookstores where you can find everything from first editions and original manuscripts to bestsellers and book-signing events by reclusive local writers. For comic-lovers, Providence hosts Rhode Island’s own annual comic con where ticket sales have to be capped at 17,000 per day.

Less than 15 minutes away from the city’s bustling downtown is the Providence College School of Business, where students work on undergraduate degrees in accountancy, finance, management, and marketing. The school also offers minors in accountancy, finance, and marketing. For the Fall of 2019, over 3,000 students applied to join the school’s undergraduate business program. After an intensive selection process, 1,436 students were admitted.

RECENT CURRICULAR DEVELOPMENTS

Providence College was founded in 1917 and has a total undergraduate enrollment of 4,125. In the 2020 edition of Best Colleges in Regional Universities North, the school ranked No. 1.

Part of the reason the school is one of the most highly regarded is because of its adaptability to market demands. In recent years, the business school has made several changes to its curriculum, including implementing a First-Year Advising Workshop series for freshman business majors.  First-year business students are assigned an academic advisor to work with them on understanding the curriculum and guide them through making important academic and co-curricular decisions. From helping them with time management and registration to exploring career opportunities and campus resources, students can avoid that freshman confusion.

During this seven-week Providence College School of Business First Year Advising Workshop series, students learn about Providence College resources and foundation courses; majors and minors and their varied career options; interact with guest speakers; and learn about advising tools and the registration process.

SOCIAL MEDIA FELLOWSHIP HIGHLIGHTS OPPORTUNITIES WITHIN THE SCHOOL

The school has also stayed on the cutting edge of effective social media management. A look at the school’s activity on Twitter and Facebook reveals a level of engagement and activity that’s unusual among universities. The likely reason? The Benjamin Family Social Media Fellowship Program, established by the school’s marketing department in 2016. The Fellowship is awarded to outstanding students pursuing careers in new media or marketing to provide them with extensive training and opportunities to practice planning and implementing actual social media campaigns for the school of business.

A student who has been selected for the fellowship gets to choose from a variety of roles including Manager, Community Manager, Analyst, Editor, and Brand Journalist to produce targeted social media content. In these roles, individuals then carry out duties including monitoring online competitors’ presence and perception, preparing hashtag strategies, and aligning social media activities with brand story, voice, and goals. Fellowship students also
get to visit leading social media companies and receive a stipend upon completing the program.

The school reports that 94% of the Class of 2019 had an internship before their senior year and many translated into full-time job offers or made the students more attractive to employers. Within 90 days of graduation, 96% of students in the class had full-time job offers.

The school counts among its top employers established firms such as Deloitte, PwC, EY Ernst & Young, Dell EMC, Citizens Bank, Tech Target, Fidelity Investments, Yelp, and Northwestern Mutual.

SCHOOL CONCLUDES MOST SUCCESSFUL FUNDRAISING CAMPAIGN IN ITS OWN HISTORY

Providence College launched the biggest fundraising campaign in its almost 100-year history in October 2014, in an effort to increase scholarships and improve facilities. With a goal of $140 million, the school announced they had raised $185 million—over 30% more than the original goal. The funds came from over 35,000 donors including individuals, families, businesses, and foundations, with an incredible rate of over 42% of the college’s 55,000 alumni making donations.

The estimated total four-year cost of attending Providence College School of Business is $191,882.. The amount doesn’t include rent, transportation, living expenses, and school supplies, which the school estimates to be an additional $64,282. Scholarships would greatly help with the burden on students, especially when the school reports that 62% of business students graduated with student debt in 2019.

Addressing the college, Providence College President Rev. Brian J. Shanley said: “The success of this campaign has allowed us to increase total financial aid to students to more than $70 million annually. It is important to me that we are able to fund the scholarships we need to attract the best students we can, and to ensure that Providence College remains accessible and affordable to those who wish to attend.”

A CULTURE OF SERVANT LEADERSHIP

In line with the school’s Catholic and Dominican mission, almost a thousand students volunteer in activities with the school’s Campus Ministry each year. While pursuing careers as analysts, auditors, investment bankers, and content marketing specialists, Providence College business students still find time to help build their community.

For those who wish to offer service, they can assist the Campus Ministry in helping with adult literacy in the community, teaching English as a second language, work with children in schools nearby, or spend time with seniors living in a nearby assisted-living home. In partnership with Habitat for Humanity, students can also choose to go on a service trip to help build homes in developing countries through Providence College’s chapter of Habitat for Humanity.

Each year during winter break, a team of students from the college also travels to New Orleans to live in community with local residents and neighborhoods that were hardest hit by Hurricane Katrina and continue to struggle. Each participant usually pays $200 to join the trip if they have been selected and the college encourages students of all spiritual backgrounds to apply.

To the students of Providence College, it’s second-nature to give back to their community while they work on improving themselves. While studying for her Bachelor of Science in marketing, Ellie Jenkins was also Team Captain for the American Foundation for Suicide Prevention. These days, the class of 2015 graduate is busy working as a social influence manager at Connelly Partners in Boston.

When asked what advice she would offer to students looking to pursue a career similar to hers, the high-flyer is quoted as saying in her “I Want Your Job” profile: “Be confident. Be professional. Be persistent…And lastly, stay human, compassionate, and empathetic to everyone you encounter each day.”

Contact Information

Location:
1 Cunningham Square
Providence, RI 02918
Admissions Office:
401-865-2535
School Social Media:

From the School:

College is all about opening doors – to opportunity, to discovery, to your future. At Providence College, you’ll join a community that’s driven and challenging, perceptive and welcoming. You’ll find a place where Friars and friends look out for one another, push one another to achieve more than they ever thought possible, encourage one another to make themselves and the world better. You’ll open doors — and have them held open for you. And when you graduate, our strong alumni network will put out a welcome mat to the real world.

Founded in 1917, Providence College is the only college or university in the United States administered by the Dominican Friars. Our undergraduate enrollment is approximately 4,000 students and we offer degrees in 52 academic majors and 39 minors. The PC School of Business provides a liberal arts-based business education in four majors and three minors. We have been ranked No. 1 in the competitive “Regional Universities North category” three of the last four years according to U.S. News & World Report’s “America’s Best Colleges.” The School of Business is AACSB-accredited, an accomplishment only 30 percent of U.S. business schools achieve.

School spirit runs deep at Providence College. Our athletes compete in the NCAA Division I BIG EAST Conference and Hockey East. Club and intramural sports are popular and sometimes just as intense. PC offers 120+ active clubs and organizations that are as varied as the interests, career aspirations, and talents of our students.

About the Providence College School of Business

At the Providence College School of Business, we are shaping a different kind of business education. We understand the need for meaning, connection, and purpose in business and life.

The future of business requires people with the skills to find common ground, thoughtfully analyze options, and contribute ethically to solutions together. We teach the power of “we” rather than “me.”

With a dynamic group of energized faculty, a rigorous curriculum, and the state-of-the-art Ryan Center for Business Studies, we’re building the business school of the future. Students don’t just learn the foundations of business – they learn a versatile, collaborative, problem-solving approach that makes them indispensable to employers and personally fulfilled.

Our curriculum is uniquely integrated with the liberal arts and grounded in Catholic and Dominican traditions. Not only are PC business students prepared for gratifying lives, but they are also ready to take on the challenges faced by businesses of all kinds. We know this because we see it every day.

This quantitatively-focused, business curriculum is supplemented with a wide expanse of experiential learning opportunities. There are 12 different business clubs, including the newly charted National Association of Black Accountants and the recently established Student Managed Portfolio (SMP), part of the PC Finance Society. Another example of PC’s unique business experiential learning programs is the Benjamin Family Social Media Fellowship. These undergraduate students run the School of Business social media channels, create branding campaigns, and work with alumni mentors from top companies such as Facebook and Google. In addition, all business students who study abroad — and over half of them do — complete an in-country internship, giving them hands-on international business experience in places such as Rome, China, Australia, London, Ireland, South Africa, Chile, and more.

PC students consistently apply what they have learned in the classroom and through these experiential programs in powerful ways. In recent years, our students have taken top honors in national competitions in accountancy, business ethics, and marketing. They’ve started entrepreneurial ventures. They’ve created mentoring programs. They’ve launched businesses that share profits with impoverished villages half a world away. They’ve conducted research that improves the learning experience for their classmates. They’ve landed coveted internships at some of the most renowned financial, accounting, marketing, and banking firms in the country.

To help them with their journey of discovery, PC business students are encouraged to explore a variety of careers through the Friar Leadership and Immersion Program. In addition, the Center for Career Education & Professional Development hosts workshops to develop professional skills and career readiness. The close-knit culture of the Providence College campus extends well beyond graduation and students are supported by a vibrant and dedicated alumni community.

As a result of all the special resources of Providence College, when it comes time to take their next steps after graduation, PC School of Business students find themselves well-positioned for and well-received by a variety of business sectors and top graduate schools. Our graduates approach the job market and their careers as insightful, ethical professionals whose knowledge, experience, and self-awareness set them apart from their peers.