Northern Illinois University’s College of Business is a small, private college in the city of Illinois. It is one of the best business schools worldwide known for diversity and overall academic education with hands-on practical training.
Admissions at College of Business are quite selective with an average acceptance rate of 59%. The university offers 6 undergraduate, 7 masters and 20+ certificate programs in fields like science, business and management. Apart from this, the university offers 495+ scholarships in the US and 450+ internships every year.
The overall graduation rate of NIU is 58%. The graduate employment rate of NIU is quite high with 88% of the students getting employed within 6 months of graduation. The average median salary of NIU graduates is around 96,000 USD.
Highlights
| Established in | 1961 |
| Type of University | Public |
| Campus setting | Small, suburb |
| Location | Barsema Hall, DeKalb, Illinois |
| Accreditation | AACSB |
| Total no. of Academic programs | 42 |
| Cost of attendance | 29,190 USD |
| Official test scores & transcripts | SAT/ACT, GMAT/GRE (as per requirement) |
| English Language Proficiency | IELTS/TOEFL/PTE |
| Student to faculty ratio | 16:1 |
| Campus housing | Available |
| Financial aid | Available |
| Official Website | https://www.cob.niu.edu/index.shtml |
| Admission Helpdesk | Email: gradsch@niu.edu; Phone: 815-753-0446 or 800-892-3050 |
Northern Illinois University’s College of Business Rankings
- #299-#391 in National Universities by US News and World Report 2022
- #132 in top performer4 on social mobility by US News and World Report 2022
- #3 for Business schools with the most U.S. minorities by Poets&Quants(2020)
- #30 in nationally within an elite group of schools for best overall academic experience by Poets&Quants
Northern Illinois University’s College of Business Campus and Accomodations
The Barsema hall at NIU campus is home to the College of Business students. It is a huge building with a very flexible learning environment.
- There are classrooms, study areas; open creative spaces, and specialized labs which are well equipped with cutting-edge technologies.
- There are 100+ student organizations for students to participate in.
- Students can relax with their friends in the central gathering spot of the building, Three Sons Bistro where Starbucks coffee, sandwiches, wraps, drinks, salads, snacks, and other on-the-go items are served.
- A lost and found for misplaced items are located in the dean's office in Barsema Hall.
Northern Illinois University’s College of Business Accommodation
NIU offers on-campus accommodation to students through its six residence halls. Around 3,500 students are accommodated each year in NIU’s residence hall.
| Residence halls | Type of rooms | Rate (USD/semester) |
|---|---|---|
| New Residence Hall | Well furnished Single Mini-suites | 7,108 |
| Gilbert Hall | Well-furnished Double occupancy rooms | 5,540 |
| Grant tower | Well-furnished Double and single occupancy rooms | 5,549 |
| Stevenson tower | Well-furnished Double, single occupancy, and suite-style rooms | 5,512 |
| Neptune Hall | Well-furnished Double and single occupancy rooms | 5,053 |
| Northern View Community for graduate students | Unfurnished apartments with 1, 2, or 3 bedrooms | 3,890 |
Also check: Student Housing in US
Northern Illinois University’s College of Business Programs
NIU College of Business offers bachelor, master's, certificate, and online degree programs. The programs are offered under six academic departments. The college also offers study abroad opportunities to students through its institutional partners around the world. Executive training and advanced certificate and training programs are also offered in the field of management and business.
Northern Illinois University’s College of Business Admission Process
The international student admission process is quite similar for both undergraduate and postgraduate degrees. The process for the same is mentioned below.
Application portal: Online Application
Application fees: 40 USD
Admission Requirements:
- High School Diploma: student must be graduated by the time you start at NIU to be admitted.
- A minimum passing grade equivalent to a U.S. C+ average on all transcripts and/or exam scores
- Official Final secondary school transcript and/or exam results translated in the English language
- Proof of English proficiency
- Proof of financial ability
- SAT/ACT scores
- GMAT/GRE scores (for graduate students)
- 2 Letter of recommendations
- Resume
- Statement of purpose (250-750 words)
Northern Illinois University’s College of Business Admission Deadlines
| Semester | Deadlines |
|---|---|
| Fall | May 1, 2021 |
| Spring | October 1, 2021 |
English Language Proficiency Test Scores
The english language proficiency test scores for undergraduate and graduate courses are tabulated below.
| Exam | Undergraduate | Graduate |
|---|---|---|
| TOEFL - iBT | 71 | 80 |
| TOEFL - PBT | 527 | - |
| IELTS | 6.0 | 6.5 |
Northern Illinois University’s College of Business Cost of Attendance
The estimated cost of attendance includes tuition fees, accommodation fees, traveling expenses, and other personal expenses.
| Type of expense | Fees(USD/year) |
|---|---|
| Undergraduate Tuition | 9,606 |
| Graduate tuition | 8,858 |
| Fees | 2,872 |
| Room and board | 11,000 |
| Travel | 600 |
| Books and supplies | 1,300 |
| Miscellaneous/personal expenses | 1,840 |
| Total4 | 27,218 |
Northern Illinois University’s College of Business Scholarships
NIU COB offers various scholarships to students based on financial needs and academic merit. Students can apply for multiple scholarships on MyScholarships and other departmental scholarships. Students are encouraged to apply before the deadlines to be considered for scholarships.
Some of the scholarships offered are:
| Scholarships | Awards | Deadlines |
|---|---|---|
| Accountancy/Accounting Science Graduate Tuition Waiver | Graduate tuition fee waiver for spring 2022 new admits | 10th January |
| Business administration graduate tuition fee waiver | Graduate tuition fee waiver for spring 2022 new admits | 10th January |
| Graduate assistantship for accountancy | Partial tuition waiver. | 31st March |
| Dennis L. Dean Scholarship Fund for finance major | -- | 31st January |
| Management Department Achievement Awards | 500 USD to 5,000 USD | 31st January |
Northern Illinois University’s College of Business Alumni
NIU’s College of Business has a strong alumni network of more than 50,000 students. The college recognizes and felicitates the accomplishments of its alumni each year on the recognition event. Alumni of NIU can attend the alumni event, support the college financially, and share their experiences with students.
Some of the Notable Alumni of the college are:
- Olubukola Adeoti – Global Strategic Pricing Manager at Abbott
- James Boge – Real Estate Project Manager at Jones Lang LaSalle
- Taylor Brodhagen – Project Operations Manager at TouchPoint360
- Cristina Pozo – Cash Manager at ArcelorMittal Treasury Americas
Northern Illinois University’s College of Business Placements
The career compass program at NIU helps students set academic and professional goals, and make a plan to reach those goals.
- The career services include job search skills, career advising, professional skills, leadership, resume reviews, mock interview, etc.
- Various Career Fairs, Meet the Firm Events, and Talent Nights are hosted by NIU for students.
- NIU College of Business has deep connections with more than 300 firms across Chicago which further helps students in achieving their professional goals.
- The graduate employment rate of NIU is quite high with 88% of the students getting employed within 6 months of graduation.
- The average salary of NIU's COB graduates is around 96,000 USD per year.
| Jobs | Salary(USD/year) |
|---|---|
| Accounting Manager | 92,700 |
| Senior Financial Analyst | 82,977 |
| Project Manager | 95,000 |
| National Sales Manager | 95,000 |
| Marketing Director | 175,313 |
| Marketing Manager | 84,500 |
| Human Resource Information System Manager | 105,145 |
Also check: What to do after studying in the US?
NIU's College of Business is among the best undergraduate business schools in the US. It is a small private, student-focused college providing hands on-practical education which prepares the students to succeed in the global business environment. The college also has a high graduate employability rate with an average salary of 96,000 USD per year.
FAQs
Q What is the acceptance rate of NIU?
Admissions in NIU are selective with an average acceptance rate of 59%.
Q Is NIU’s college of business accredited?
Yes, NIU’s college of business is among the 4% of elite business schools to hold an AACSB accreditation.
Q What is the average cost of attendance at NIU?
The average cost of attendance at NIU is around 29,190 USD.
Q Does NIU’s college of business offer any scholarships?
Yes, NIU’s college of business offers many departmental scholarships.
Q Does NIU offer on-campus accommodation?
Yes, NIU offers on-campus accommodation through its six residence halls.
Q NIU’s college of business offers programs in which study areas?
NIU's college of business offers programs in accountancy, marketing, finance, data analytic, etc.
Q What is the graduate employment rate of NIU College of business?
The graduate employment rate of NIU is quite high with 88% of the students getting employed within 6 months of graduation.
Q What is the average salary of NIU College of business graduates?
The average salary of a NIU's College of Business graduate is around 96,000 USD per year.
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College of Business, Northern Illinois University Scholarships
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Ritchie-Jennings Memorial Scholarship Program | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| TEC Scholarship | Scholarship per student$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| QS scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Susan R. Meisinger Fellowship For Graduate Study in HR | Scholarship per student$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| WU Foundation Global 52 Scholarship | Scholarship per student$2,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Education for Sustainable Energy Development Scholarship Program | Scholarship per student$21,000 | Level Of StudyMaster | TypeNeed-Based |
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College of Business, Northern Illinois University Admissions
Application Portal: https://www.cob.niu.edu/index.shtml
Attendance Cost
The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees
College of Business, Northern Illinois University Campus Location
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