Smeal College of Business: Campus, Courses, Admissions, Fees, Scholarships and Placements

Smeal College of Business: Programs, Ranking, Admission Criteria, Fee & Scholarships

University Park, PennsylvaniaLocation
SchoolSchool type
Estd1953established year
5500enrollment
Public

Smeal College of Business is the prestigious business school of Penn State University. Students can choose from undergraduate, graduate, executive, certificate, doctoral and international programs at Smeal College of Business, fulfilling all the present-day business and market demands. The college houses students from over 130 countries and gives significance to diversity and inclusion.

The college is ranked #33 by U.S. News & World Report in 2022. With the acceptance rate of 75.9%, the college demonstrates a lightly selective admission policy. It charges $65 for graduate application and $75 for undergraduate application.

The average tuition & fees for UG students ranges between 27,100-37,946 USD and for the PG students is around 45,004 USD. To support the expenses, the college offers a few scholarships to study in USA covering up to the total tuition costs of the student. At the college you will find both off-campus and on-campus housing options and a variety of dining services. There are numerous clubs and organizations enriching student experience in the college. For the COVID-19 matter, there have been no major admission related changes.

Smeal College of Business Rankings

  • #21 US Public Institutes by Bloomberg Businessweek in 2022
  • #18 in US Schools by The Economist in 2021.
  • #47 in global ranking by Financial Times in 2021.
  • #5 for Supply Chain Management by U.S. News & World Report, 2022.

Highlights

Institution Type Public;Coed
Setting Suburban
Total Enrollment 48,810 (Pennsylvania State University) 107 (Smeal College of Business)
International enrollment Over 7000 (PennState)
Acceptance Rate 75.9%
Graduation Rate 86%
Tests Required SAT/ACT (optional for international students)
Application Fee (international students) $75 (UG) $65 (PG)
Application Deadline for International Students Fall Semester - August 1 Summer Session - August 1 Spring Semester - June 1
Website website

Smeal College of Business Campus and Accommodations

The vibrant and zealous student life, with both academics and recreational pursuits at the college, makes it the remarkable college it already is. With the wide ranging facilities the college has to offer, there are nineteen campuses throughout Pennsylvania solely dedicated to the students taking admission to Smeal College of Business.

The college exhibits a gym, student clubs and organisations for each campus which specifies the student activity as per their degree selection. You can look for the clubs and organisations by selecting your campus. For Athletics, the college has diverse options with sports offered by the college ranging from Archery, Equestrian, Kendo, Skiing, Volleyball, Wrestling and a lot more where all the required is made available to the students.

The college also offers its students aquatics where you can indulge in aquafitness, swim school and aquatics related courses. For the interested students, the college offers a Center for Spiritual and Ethical Development. With the on-campus diversity and the need for cultural immersion, the college puts forward a Multicultural Outreach for the students to engage in various cultural pursuits.

Smeal College of Business Accommodations

For the students to find their best stay, the college offers both on-campus, and off-campus housing in USA. It also provides links to contact for housing elsewhere. Smeal College of Business houses all students which acts as a catalyst between the student’s academics and cultural immersion.

The college offers 11 housing options for undergraduates and graduates & families, differentiating each of the categories. Among the available options, there are 10 choices for the undergraduates with the last one divided into both undergraduate and graduate & family housing. The following table reveals the housing rates per person per semester for the undergraduates:

Housing Rates in USD Occupancy
Abington Housing Apartments Double Occupancy Single Occupancy 4,600 5,300 6 4
Altoona Housing Residence Halls (Oak and Maple) Standard Suites (Spruce Hall) Suites (Cedar Hall) 3,563 4,215 4,525 2 2 2
Beaver Housing (Harmony Hall) Double Double as single 3,210 4,012 2 1
Berks Housing The Village Standard Suites The Woods Suites 4,215 4,525 2 2
Erie (Behrend) Housing Residence Halls Standard Suites Suites Apartments 3,563 4,215 4,525 4,325 2 2 2 2
Brandywine Housing (Residence Hall) Double Double as single 4,020 5,025 2 1
Greater Allegheny Housing (Residence Hall) Double Double as single Harrisburg Housing (Capital Village Students)Apartments 4-single occupancy bedrooms 4-double occupancy bedrooms 2-double occupancy bedrooms Nittany Village (Apartment) 4-single occupancy bedrooms 3,210 4,012 4,940 4,660 4,525 5,300 2 1 4 8 4 4
Hazleton Housing Residence Halls Standard Suites 3,210 3,800 2 2
Mont Alto Housing (Residence Hall) Double Double as single 3,210 4,021 2 1

University Park Housing includes residence halls and apartments for undergraduates and graduates & families respectively. Details of the undergraduate residence halls are as follows:

Housing Rates in USD Occupancy
Traditional Residence Halls 3,563 2
Renovated Residence Halls 4,020 2
Nittany Suites 4,215 4
North Suites 4,525 4
East View Terrace 6,025 1
Nittany Lion Inn 4,975 1

Undergraduate Apartments:

Housing Rates in USD Occupancy
Nittany Apartments, 2-bedroom/4-Person Garden Nittany Apartments, 4-bedroom/4-Person Garden Nittany Apartments, 4-bedroom/4-Person Townhouse 4,325 4,850 5,040 4 4 4
White Course Apartments, 4-bedroom/4-Person 5,040 4
Graduate housing: White Course Apartments 4 bedroom/4 person; furnished 938 4
1 bedroom, 1 bath; garden; unfurnished 1,168 3
1 bedroom, 1 bath; garden; unfurnished 1,244 3
2 bedroom, 1 bath; garden; unfurnished 1,321 5
2 bedroom, 1 bath; garden; unfurnished 1,397 5
2 bedroom, 1 bath; townhouse; unfurnished 1,321 5
3 bedroom, 1 bath; townhouse; unfurnished 1,459 6
3 bedroom, 1 bath; townhouse; unfurnished 1,535 6
3 bedroom, 1.5 bath; townhouse; unfurnished 1,474 6

Smeal College of Business offers its students multiple dining facilities with a vast choice of selection on the retail dining present on-campus. It is mandatory for undergraduate students who are living at residence halls to purchase a campus meal plan for both fall and spring semester during their stay at the college, as this comes under the housing and food service contract. Meals Plans at Smeal College of Business comes at 3 Levels are are discussed below:

Level Dining Cost in USD Base Coat Total
1 678 1,480 2,158
2 1,036 1,480 2,516
3 1,329 1,480 2,809

Moreover, the college offers a commuter meal plan and recommends the use of LionCash+ to its students.

Smeal College of Business Programs

With the current market and high competition, the college offers a wide range of programs and courses for the students so that they do not miss out anywhere. Smeal College of Business is known for its variety of PG and UG programs. MBA is one of the top programs with a high graduation rate as well as a good number of students.

The college offers nine majors and four minors for undergraduate students with numerous certificate pPrograms. For the graduates, the college is popular for its MBA and it also offers online master’s and certificates. Interested students are also offered Ph.D. programs and executive education. Below listed are some of the top undergraduate programs in the college:

Program Tuition & Fees in USD Number of Graduates
BA Finance 37,946 - 27,100 438
BA Marketing 37,946 - 27,100 322
BA Accounting 37,946 - 27,100 284
BA Management Information Systems 37,946 - 27,100 57
BA Actuarial Science 37,946 - 27,100 50

Other programs offered by Smeal College of Business are Sapphire Leadership Academic Program, Integrated Master of Accounting Program and Business Fundamentals Certificate.

Smeal College of Business Admission Process

High-quality education, diverse student communities and far stretched opportunities are all met at Smeal College of Business, thus the admission competition is high. Below mentioned are the admission steps for both undergraduates and graduates that applicants may follow:

International Undergraduate Admission:

How to apply: Students can apply either by creating an account on MyPennState where they would also be allowed to access their application or they can apply through the Common Application.
Application Fee: $75.
Admission Requirements: To complete your application, you must submit the following documents/scores:

  • All academic records.
  • English language proficiency scores. International students whose native language is English do not need to submit these scores.
  • Submission of your standardized tests. You may submit your SAT/ACT scores, though it is not mandatory for international students. (The code for SAT is #2660 and the code for ACT is #3656.)

Smeal College of Business Application Deadlines

The application deadlines for the international students are tabulated below:

Term Application Available Early Action Early Action Notification By Priority Filling Final Filing Date Priority Notification By Deadline to accept offer
Fall Semester August 1 November 1 December 24 February 1 July 1 April 1 May 1
Summer Session August 1 November 1 December 24 February 1 May 1 April 1 May 1
Spring Semester June 1 Early Action is no available Early Action is no available October 1 November 1 December 1 Refer to the date on the offer notification

How to apply to MBA: The international graduate students can apply through the Penn State Graduate School Application.
Application Fee for MBA: $65.
Admission Requirements for MBA: Following are the required documents/scores for the MBA program:

  • Official transcripts that must be from a 4-year accredited institute. Your transcripts must be along with an English translation.
  • English language proficiency scores.
  • Visa materials.
  • GRE (code: 2660) or GMAT (code: ZZ8-HD) results.
  • An essay within 600 words and must be submitted in .pdf or .rtf format.
  • Resume.
  • Two professional LOR
  • Finally, it is mandatory to submit a video application where you will be asked automated questions and will be given sufficient time to respond. This video application will be for 15-20 minutes and will be purely taken on a digital interface.

English Proficiency Requirements

International students with a non-English primary language need the following scores in the English proficiency tests for admission to Smeal College of Business:

Accepted Test Minimum Scores Required
TOEFL (code #2660) iBT - 80 Old Paper Exam - 550 New Paper Exam - 20
IELTS 6.5
SAT (code #2660) 570 or higher (on Evidence-based reading and writing section)
ACT 24 or higher (on English Section)
IB (International Baccalaureate) 5 or higher (on English A Exam)
GCSE or GCE Scores Score of A, B or C on English Language Exam
US College/University High School graduate with 2 years of academic coursework with C grade (2.0) or higher
DET 120 or higher

Note that DET is only temporarily accepted for the spring, fall and summer 2022.

Smeal College of Business Cost of Attendance

The Cost of Attendance includes all the charges that the students will need to pay during their academic years at the college. Considering the education level and the other colleges, the cost is moderate to high. The estimated budget to study in USA for international undergraduate students is given below:

Expenses Cost in USD for Penn State University Park Cost in USD for Penn State Commonwealth Campuses
Tuition & Fees 37,946 27,100
Additional Estimated Costs 14,158 - 17,380 14,158 - 17,380
Total 52,134 - 55,326 41,258 - 44,480

The cost of attendance for international graduate students is:

Expenses Cost
Tuition $45,004
Fees $1,034
Orientation Fees $170
Global Immersion (First Year Only) $30
Health Insurance (mandatory for international students) $659.20 (MBA Students) $3,296 (Non-MBA Students)

For students willing to have an optional lifetime MBA Student Association Membership, the cost is $325. For membership of other Student Associations, the cost is $30 to $50 per association.

Smeal College of Business Scholarships

Scholarships for Indian students in USA vary as there is a difference in citizenship and rights and international students have access to limited aid and services. International students are not eligible for federal loans thus the college provides them an option of alternative private loans. Though the student must have a creditworthy US citizen or a US citizen as a cosigner for the same.

An applicant with a cumulative GPA of 3.2 on 4.0 scale (86-87%) or higher is eligible for getting a scholarship from the college. Getting a scholarship at Smeal College of Business is not very easy as the competition is quite high. The average scholarship that students get is $2,500.

Smeal Senior Award: The seniors graduating in the Fall, Summer and Spring semester of the same year may get a Smeal Senior Award. The awards offered are:

  • Helen Eakin Eisenhower Award - Based on scholarship, leadership, character and service to the college.
  • Ralph H. Wherry Student Service Award - Based on the student’s service.
  • The John M. & Anne B. Stevens Academic Integrity Award - Based on leadership in academic integrity.
  • The George Leland Leffler Scholarship - For an outstanding Finance major.
  • Smeal Alumni Society Board Sponsorship Award - To a student with outstanding leadership and scholarship.
  • Diversity Leadership Award - Student with good leadership activities and high involvement in promoting diversity.

Undergraduate Research: Smeal College of Business, open to all kinds of innovations, welcomes and encourages students to participate in research and also win awards for excellence. The students may receive assistance from the faculty and conduct research on their course related topic.

Smeal College of Business Alumni

With over 88,000 Smeal College of Business alumni and the opportunity to connect with them, the college offers various platforms, organizes events and takes initiatives to make it happen. You can join the LinkedIn Alumni Group, attend and stay updated of the alumni events, join the alumni community, and participate in many more activities and events that are alumni-related. The alumni also offer career services for the current students to pursue their goals with guidance. Some notable alumni of the college are:

  • John Arnold - Chairman and CEO, Petroleum Products Corp.
  • Mitch Cohen - Vice Chairman, PricewaterhouseCoopers
  • Karen Quintos - Senior VP and Chief Marketing Officer, Dell, Inc.
  • Dan Mead - President and CEO, Verizon Wireless
  • Greg Stock - CEO, Zenoss

Smeal College of Business Placements

Smeal College of Business does not hold back at all at providing career services to its students. The college offers internships, placements, career guidance services according to your major and special service for International Services. Some Corporate Partners of the college include Volvo, PWC, Johnson & Johnson, Insight Global, and Hilton. The listed are just a few among the vast number.

Smeal College of Business is a destination for future business persons who have the potential and zeal in them. The campus diversity has tied all the students, faculties and the staff together and the college holds it up well. One of the important features of the college is the id+Card with the help of which you can manage accounts, access various facilities at the campus and manage the Lion Cash. The college takes pride in its students and organizes innumerable events so that the students get a chance to socialize, expand their network and learn new skills.

Executive Master of Business Administration [E.M.B.A]

17 months
On Campus
English
Full Time
Exam Scores: IELTS6.5|TOEFL80|GMAT660

Master of Management [M.I.M] Management and Organizational Leadership

2 years
On Campus
English
Full Time
Exam Scores: IELTS6.5|TOEFL80

Bachelor of Finance [B.Fin]

4 years
On Campus
English
Full Time
Exam Scores: IELTS6.5|TOEFL80|SAT1140|ACT24|Duolingo120
Degrees Available: B.F.A

Bachelor Corporate Innovation and Entrepreneurship

4 years
On Campus
English
Full Time
Exam Scores: IELTS6.5|TOEFL80|SAT1140|ACT24|Duolingo120
Degrees Available: B.S

Bachelor Actuarial Science

4 years
On Campus
English
Full Time
Exam Scores: IELTS6.5|TOEFL80|SAT1140|ACT24|Duolingo120

Smeal College of Business Scholarships


NameScholarship Per StudentLevel of StudyType
BrokerFish International student scholarshipScholarship per student₹ 82,890/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Claes Isacson ScholarshipScholarship per student₹ 16.6 L/Yr$20,000Level Of StudyBachelorTypeNeed-Based
Debesh Kamal ScholarshipScholarship per student₹ 1.1 L/Yr$1,385Level Of StudyBachelorTypeMerit-Based
Hani Zeini ScholarshipScholarship per student₹ 82,890/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Ritchie-Jennings Memorial Scholarship ProgramScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
TEC ScholarshipScholarship per student₹ 82,890/Yr$1,000Level Of StudyBachelorTypeMerit-Based

Smeal College of Business Exam Scores

ExamsAvg. ScoreMin ScoreMax. Score%Submitted'
Language Proficiency
TOEFL-80--
IELTS-6.5--

Attendance Cost

₹2,982,714

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

Tuition fees
Undergraduate Programs
₹2,982,714 / Year
Post Graduate Program
₹3,166,232 / Year

Smeal College of Business Campus Location


+1-814-863-0448
Telephone
210 Business Building, University Park, PA 16802
Address

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