First to second-year retention rates are for all UMU students in the cohort (first-year, full-time students) second to third and third to fourth-year retention rates are for students that had a declared a business major by the end of the fall semester of their second year . Students who graduate before the fall of the fourth year, are considered to be retained.
| Cohort Matriculation Year |
Fall 2020 |
Fall 2021 |
Fall 2022 |
Fall 2023 |
Fall 2024 |
Fall 2025 |
3 Year Average |
| University Cohort (n) |
550 |
491 |
550 |
536 |
669 |
669 |
|
| First to second-year retention in University |
72% |
78% |
71% |
77% |
71% |
|
|
| Unduplicated School of Business students by the end of fall of year two (n) |
117 |
89 |
131 |
103 |
|
|
112 |
| Fall of year three(n) in the School of Business |
89 |
67 |
107 |
|
|
|
88 |
| Second to third-year retention rate within School of Business |
76% |
75% |
82% |
|
|
|
78% |
| Fall of year three(n) within the University |
94 |
71 |
108 |
|
|
|
91 |
| Second to third-year retention rate within the University |
80% |
80% |
82% |
|
|
|
81% |
Graduation rate includes only first-time full-time students that have ever declared a major, and is based on the matriculation year of first-time, full-time students.
| Declared a School of Business Major and Graduated with a School of Business major* |
| Cohort matriculation year |
Fall 2017 |
Fall 2018 |
Fall 2019 |
Fall 2020 |
Fall 2021 |
| Four-year School of Business Graduation Rate |
67% |
66% |
59% |
70% |
65% |
| Five-year School of Business Graduation Rate |
76% |
78% |
70% |
75% |
- |
| Six-year School of Business Graduation Rate |
76% |
82% |
71% |
- |
- |
| School of Business Majors |
104 |
112 |
108 |
123 |
91 |
*Students with mulitple majors are counted in each major
The School of Business is presently graduating students from 9 majors and reports on the numbers of majors graduating in each of the majors during the past three years. Presently, risk management and insurance and human resource management are in teach out. Economics was officially inactived as a major in June 2025.
| Majors |
2022-2023 |
2023-2024 |
2024-2025 |
3-Year Average |
% of School of Business Grads, 3-Year Average |
| Accounting |
19 |
10 |
11 |
13.3 |
11% |
| Economics |
1 |
2 |
0 |
1.0 |
1% |
| Finance |
28 |
25 |
24 |
25.7 |
20% |
| Human Resource Management |
4 |
4 |
4 |
4.0 |
3% |
| Management |
20 |
31 |
22 |
24.3 |
19% |
| Marketing |
26 |
24 |
27 |
25.7 |
20% |
| Public Relations* |
3 |
8 |
5 |
5.3 |
4% |
| Risk Management and Insurance** |
4 |
3 |
1 |
2.7 |
2% |
| Sport Business*** |
18 |
32 |
22 |
24.0 |
19% |
| School of Business Total Graduates |
123 |
139 |
116 |
126.0 |
100.0% |
*Pending ACBSP Application; Public Relations joined the School of Business in 2021-2022
**Risk Management and Insurance Program began in 2020-2021
***Sport Business major joined the School of Business in 2018-2019
MBA Student Achievement
MBA Graduates by Concentration (Summer, Fall, Spring)
| MBA Concentration |
Results AY 2022-2023 |
Results AY 2023-2024 |
Results AY 2024-2025 |
| MBA - Business Analytics |
2 |
4 |
10 |
| MBA - Leadership and Innovation |
5 |
11 |
10 |
| MBA - Strategic Healthcare Administration |
NA: New as of summer 2024 |
NA: New as of summer 2024 |
NA: New as of summer 2024 |
| MBA - Corporate Communications and Public Relations |
NA: New as of summer 2024 |
NA: New as of summer 2024 |
NA: New as of summer 2024 |
| MBA Total Graduates |
7 |
15 |
20 |
MBA Student Retention (Summer, Fall, Spring)
|
Results AY 2021-2022 Starts |
Results AY 2022-2023 Starts |
Results AY 2023-2024 Starts |
Results AY 2024-2025 Starts |
| Start |
23 |
12 |
23 |
28 |
| Withdrawn |
5 |
4 |
7 |
4 |
| Retention |
18 |
8 |
16 |
24 |
| Graduated |
18 |
7 |
15 |
14 |
| Current Retention Rate |
78% |
67% |
70% |
86% |
| Current Graduation Rate |
78% |
58% |
65% |
50% |