Rutgers Business School in Newark, New Jersey landed at No. 77 in this year’s 2023 rankings – down from last year’s No. 69 place in our 2022 rankings. Rutgers was more selective this year, with only a 70% acceptance rate for the most recent incoming class accepted into the program as compared to last year’s 80% rate.
As for employment outcomes, a whole 85.40% of the Class of 2023 landed a job in the business field within three months of graduating, holding steady near last year’s rate of 86.97% for the Class of 2022. In terms of internships, 42.40% of the Class of 2023 landed one, a small increase from the previous year’s 41.20% rate.
The undergraduate experience at Rutgers Business School is best characterized by its relevant curriculum, diverse student community, and hands-on learning.
RELEVANT CURRICULUM
Rutgers undergraduates can choose from six different majors including Accounting, Finance, Financial Management and Capital Markets, Financial Planning, Real Estate, Leadership & Management, Management Information Systems, Marketing, and Supply Chain Management.
The B-school is consistently making updates to keep its curriculum state of the art. The accounting department created a new degree requiring Auditing Analytics one recent fall.
“This course helps prepare students by teaching skills that are needed and used in today’s Accounting world,” Jenny Roberts, manager of Academic Programs at Rutgers Business School, Newark & New Brunswick, told us. “The purpose of this change was to ensure students continue to receive a top-notch educational experience that encompasses the skills and knowledge that is sought by employers.”
Additionally, within the past five years, Rutgers has added a number of concentrations to its portfolio offering to allow students to add specializations without needing to double major.
DIVERSE STUDENT COMMUNITY
At the core of Rutgers is its people. The B-school boasts one of the most diverse student body populations in the nation.
At Rutgers, the diverse student community is critical to the educational environment. Students, often from different backgrounds, exchange ideas, collaborate on solutions, and develop into future leaders.
“RBS-Newark undergraduate students are ambitious and talented. They are the business leaders of tomorrow. Many go on to graduate school, start companies, and hold executive positions in major corporations,” Roberts told us. “With almost every country in the world and ethnic background represented at Rutgers University – Newark, students learn as much from each other as they do in the classroom.”
HANDS-ON LEARNING
The Rutgers education places heavy emphasis on hands-on learning and offers students a realistic understanding of business. Many classes feature a component of real client work and students are challenged to apply their business knowledge. Surveyed alumni all spoke to the real-world applications of course content, which often emphasized hands-on learning over theoretical.
“One of the projects of our marketing research analysis class was to evaluate a real company using market research and SWOT analysis and provide a plan of action that can be implemented to produce results,” another alum said. “I think this was one of the best exercises I did in my whole undergraduate career.”
Unlike at many B-schools, where hands-on learning is often reserved for the senior capstone course, hands-on learning at Rutgers is integrated throughout the curriculum to give students a strong foundation of real-world business experience by the time they graduate.
Overall, what makes the Rutgers Business School unique is the investment it places in its people. With one of the most diverse student populations in the nation, a relevant curriculum, and hands-on learning, the B-school creates a skilled, multicultural talent pipeline for tomorrow’s world of business.
Alumni say:
“I was a mentor, a mentee and TA during my time at Rutgers Business School. I felt that these responsibilities taught me how to deal with people from different backgrounds and it opened my mind. I felt like I learned a lot about myself, my peers, and the world around me. I’m so thankful that I was able to experience these things during my time at Rutgers Business School and I will never forget it. I would love to go back in time and experience those things once more.”
“The program was very realistic to the real world. It was a great experience working with a real company and witnessing real problems that companies occur. Doing the research and coming up with different solutions was a great exercise for me for the future.”
“The entire aspect of taking a successful company and theorizing ways it could run into potential issues in the future while brainstorming with a group of classmates. This almost felt like a true real-world consulting-like experience.”
“I had a great experience taking on the challenge of assisting a real life company with their marketing efforts. Seeing the beginning to end of putting together a marketing plan was extremely beneficial and rewarding.”
“We actually applied what we learned in class to the real world. I took a stock pitching class, where we were given models to understand and read through 10ks and company news to come up with a value. I wanted to go into finance and am an investor so this class has helped me into my career.”
“True support from the department and they allowed us to have lots of leadership experiences.”
