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
Cohort Matriculation Year |
Fall 2016 |
Fall 2017 |
Fall 2018 |
Fall 2019 |
Fall 2020 |
Fall 2021 |
Fall 2022 |
University Cohort (n) |
642 |
539 |
625 |
555 |
550 |
491 |
550 |
Enrolled second fall (n) |
483 |
413 |
450 |
422 |
394 |
408 |
|
First to second-year retention in University |
75.2% |
76.6% |
72.0% |
76.0% |
71.6% |
83.1% |
|
Unduplicated School of Business students in fall of year two (n) |
71 |
76 |
92 |
66 |
62 |
|
|
Unduplicated business students in fall of year three (n) |
53 |
57 |
67 |
50 |
80 |
|
|
Second to third-year retention within business |
80.3% |
82.6% |
88.2% |
86.2% |
88.9% |
|
|
Unduplicated School of Business students in fall of year three (n) |
63 |
64 |
82 |
63 |
|
|
|
Second to third-year retention within business |
88.7% |
84.2% |
89.1% |
95.5% |
|
|
|
Adjusted graduation rate includes only students that have declared a major, and is based on the matriculation year of first-year, full-time students.
Declared an EABA major and graduated with an EABA major* |
Student matriculation year |
2014 |
2015 |
2016 |
2017 |
2018 |
Four-year adjusted graduation rate |
78% |
77% |
77% |
70% |
78% |
Five-year adjusted graduation rate |
83% |
80% |
83% |
77% |
82% |
Six-year adjusted graduation rate |
87% |
82% |
86% |
87% |
- |
Declared majors (n) |
169 |
146 |
127 |
125 |
134 |
*Students with mulitple majors are counted in each major
The School of Business is presently graduating students from 10 majors and reports on the numbers of majors graduating in each of the majors during the past three years. Presently, the economics major is being taught out and only a minor in economics will be offered.
Majors |
2019-2020 |
2020-2021 |
2021-2022 |
3-Year Average |
% of School of Business Grads, 3-Year Average |
Accounting |
11 |
10 |
16 |
12.3 |
9.4% |
Economics |
4 |
0 |
4 |
2.7 |
2.0% |
Finance |
15 |
16 |
14 |
15.0 |
11.5% |
Human Resource Management |
9 |
17 |
8 |
11.3 |
8.7% |
Management |
25 |
26 |
18 |
23.0 |
17.6% |
Marketing |
42 |
24 |
33 |
33.3 |
25.5% |
Public Relations* |
1 |
4 |
6 |
3.7 |
2.8% |
Risk Management and Insurance** |
0 |
1 |
3 |
1.3 |
1.0% |
Sport Business*** |
18 |
32 |
34 |
28 |
21.4% |
School of Business Total Graduates |
125 |
130 |
137 |
130.7 |
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