Poets&Quants Top Business Schools

St. John’s University Peter J. Tobin College of Business

#50

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

Contact Information

Location:
8000 Utopia Parkway
Queens, NY 11439
Admissions Office:
718-990-2000

Tuition & Fees In-State: $270,635*

Tuition & Fees Out-of-State: $270,635*

Average Salary: $70,310

Graduates With Jobs 90 Days After Graduation: 86%

International: 3%

Minority: 38%

First generation college students: 35%

When do students declare their majors: Freshman Year

Acceptance Rate: 52%

Average SAT: 1,224

Average ACT: 27

Average GPA: 4.0

HS Class Top Ten: 55%**

*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.

The Peter J. Tobin College of Business at St. John’s University landed right at No. 50 in the 2023 rankings – up just one place from last year’s No. 51 in the 2023 rankings, officially making the top 50 in our rankings. 

Tobin had a slightly more selective acceptance rate for this year’s most recent incoming class at 51.60% compared to last year’s 53.75%. The most recent incoming class also scored an average of 1224 on the SATs, down some from last year’s average of 1243.

The B-school’s employment outcomes improved this year, with a good 85.91% of the Class of 2023 securing full-time jobs within three months of graduation in contrast to 84.90% of the Class of 2022 securing employment. Internship outcomes dropped slightly from 81.50% for the Class of 2022 to 77% of the Class of 2023 landing at least one internship before graduation. Of the three methodological categories, Tobin scored highest in Admissions, coming in at No. 46.

Tobin’s undergraduate program continues to offer quality opportunities for students to learn in a hands-on environment, including through its unique residence program and community-driven micro-loan program.

10 MAJORS

Tobin undergraduates can choose from 10 different majors including Accounting, Actuarial Science, Business, Business Analytics, Economics, Finance, International Management, Management, Marketing, and Risk Management and Insurance. 

Alumni view their education relatively well. When asked if they would recommend the Tobin program to a close friend or colleague interested in an undergraduate business degree, surveyed alumni gave an 8.6 average rating. Alumni also gave the B-school an 7.9 average rating in how well it prepared them for the world of work and an 8.29 rating in terms of faculty availability for informal discussions and mentorship. 

TOP-RATED RISK MANAGEMENT AND INSURANCE PROGRAM

Tobin’s Risk Management and Insurance Program is repeatedly ranked in the top 10 by U.S. News. This program offers an undergraduate major and Tobin is the only bachelor of science in business program in the U.S. to require that all undergraduates take a risk management course.

Risk management and insurance is a central part of any organization’s strategic management. Risk managers and insurance professionals help identify, evaluate and manage key risks, including natural disasters and man-made catastrophes.

Leveraging St. John’s metropolitan location, students have access to the University’s long standing relationships with leading New York-area financial and insurance organizations as well as to mentoring support from local alumni – who are leading professionals in the field of risk management.

EXECUTIVE-IN-RESIDENCE PROGRAM 

One of the main characteristics of the Tobin education is its focus on experiential learning.  EIRP allows selected students to work with partnered organizations as “consultants” to offer them fresh solutions, new product ideas, and more. 

“The Executive in Residence program was crucial in providing the experience of the consulting industry,” one alumni told us. “We worked with four companies in various industries throughout the year to tackle real problems through research and innovation, and presented our findings in front of the boards for all firms. Some teams’ suggestions were actually implemented by the businesses to reduce internal costs, enter a new industry, reach a new market, or reshape the employee training program. This experience was crucial in getting me my first job as a consultant.”

For aspiring consultants, Tobin’s strong EIRP program offers a unique opportunity to get a head start on their consulting career with valuable, real-world experience.

GLOBAL LOAN OPPORTUNITIES FOR BUDDING ENTREPRENEURS

Another cornerstone experiential learning experience at Tobin is the Global Loan Opportunities for Budding Entrepreneurs (GLOBE) program.

What makes GLOBE unique from other microfinance programs is the social responsibility aspect. GLOBE runs much like a nonprofit organization and works in 72 developing countries in Central America and Africa to boost the earning capacity of local entrepreneurs and serve the needs of the communities. GLOBE’s program field partner, The Daughters of Charity, coordinates the distribution and collection of funds. 

“I worked with GLOBE (Global Loan Opportunities for Budding Entrepreneurs), a volunteer program through Tobin, and that was honestly the best class I took in all of undergrad,” one 2018 alumni said. “The broad perspectives of the world that it provided (not focusing solely on people’s worth as their fiscal output) and the social responsibility it promoted truly changed my outlook on life and helped me to pursue what I truly wanted.”

Whether it’s gaining valuable consulting exposure through EIRP or building socially responsible finance skills in GLOBE, Tobin students have a variety of opportunities to experience the real world of business.  

Alumni say: 

“The Executive-in-Residence Program offered at The Peter J Tobin College of Business was instrumental in my last year of college in helping me discover the industry I wanted to work in and in helping solidify the presentation, creative thinking, and networking skills I used to get my first job out of college and still use in my everyday career.”

“We were required to write a paper as part of the senior fellowship opportunity based on our experience at the job. This helped me explore my career and the hot topics of the industry I was interested in. This prepped me for interviews and feeling as if I was ready to start my first job out of college.”

“I had a seminar course in Economics in which we traveled into studying the effects of how variables such as Household income and values affect inequality within the top 50 richest cities within the United States. From that project, it has taught me to approach problems holistically and to see the big picture rather than purely focusing on smaller details. Also through writing the paper with former classmates, it taught me the importance of wording.”

“I participated in service learning in various courses throughout my time at St. John’s. This experience allowed students to complete coursework while helping local community organizations. It not only sharpened my skills and enhanced the topics taught in class, but it also provided invaluable experience working with local organizations to help them achieve their goals in serving the community.”

“I was part of two great experiences – GLOBE and EIRP. GLOBE is a student-managed microfinance program where I actively created change in the global setting, which made it to be a truly rare and unique experience. Dr. Sama also allowed for this program to truly succeed under her great guidance – she is instrumental to the program with her years of experience in microfinance. EIRP allowed me to do student-consulting for top companies in the tri-state area, exposing me to a more high-paced, realistic work setting. To handle both programs on top of a school workload allowed me to build a great work ethic and most importantly, teamwork and people skills.”