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Alfred Lerner College of Business and Economics, The University of Delaware
N/A(0)
VerifiedPublicEstd. 1962
Founded
1962
Type
Public
University Guide
About Alfred Lerner College of Business and Economics, The University of Delaware
Explore overview, courses, fees, admissions, campus life, scholarships and student accommodation guidance in one premium Admistay guide.
Alfred Lerner College of Business and Economics is a business school at the University of Delaware. The college was named after Alfred Lerner, formerly president of MBNA, one of the world's largest credit card issuers before being acquired by Bank of America. It laid its foundation in the year 1917.
Alfred Lerner College of Business and Economics offers admissions in programs in accounting, economics, entrepreneurship, ethics, finance, general management, health care administration, hotel administration, and some other programs. Business education began at the University of Delaware in the early 20th century, with a Bachelor of Business Major established in 1917. At graduation, 42.30 % of full-time program graduates work.
Highlights
| Type of University | Public |
| Year of Establishment | 1917 |
| Campus Setting | Urban |
| Total Enrollment | 3433 |
| Parent Institution | University of Delaware |
Rankings
- Ranked #99-131 in Best Business Schools by US News and World Report, 2020.
- Ranked #97 in Part-time MBA (tie) by US News and World Report, 2020.
- Ranked #26 of 301, Best online programs by US News and World Report, 2019.
- Ranked #12 under the top 25 online MBA programs by Poets and Quants, 2018.
- Ranked at #11 of 100 Best Business Schools by CollegeAtlas.org in 2017.
Alfred Lerner College of Business and Economics Campus
Alfred Lerner College of Business and Economics laid its foundation in the early 20th century.
- The main campus is located at Newark, Delaware and the Satellite campuses are Dover, Georgetown, Lewes, and Wilmington.
- The campus stretches up to 1,996 contiguous acres.
- Alfred Lerner College of Business and Economics offers student organizations including the National Association of Black Accountants (NABA), Hospitality Club, Financial Management Association, Blue Hen Investment Club, Minority Business Student Association, Women in Business, MBA Student Association and others.
- Whether a student simulating hedge fund strategies or working at a large hotel convention, Lerner puts a student at the center of the action with sophisticated amenities.
- New York City, Philadelphia, Baltimore, and Washington, D.C. are within a two-hour drive of campus.
Residence Facilities at Alfred Lerner College of Business and Economics
Alfred Lerner Business and Economics College has 8 residential halls.
- Other housing options for students include all-female housing, substance-free housing, upper-class housing, and all-gender housing.
- Lerner College has about 4,000 students. There are five unique experiential learning centers for students to improve their business skills.
- Networking, internships, and student organizations keep students busy and help them develop the skills needed for success beyond graduation.
Programs offered at Alfred Lerner College of Business
Alfred Lerner College of Business and Economics offers programs for undergraduate and graduate degrees via its five academic departments.
- These include several master’s and Ph.D. programs as well as a variety of interdisciplinary programs that span both undergraduate and graduate areas of concentration.
- Lerner also offers a certification program called Business Essentials, open to non-Denver Lerner University students and professionals in the community.
- With 15 undergraduate majors, 10 graduate programs, and a variety of MBA degree options, Lerner has something for everyone interested in a career in business.
- Online programs have been placed at #26 rank out of 301, while undergraduate business programs have been placed at #87 0f 503.
- Subjects like Hospitality Management and Accounting have been placed at #6 and #36.
Application Process
International students who want to seek admissions at Alfred Lerner College of Business and Economics can follow the below-mentioned application process:
- Applicants can apply via the Online Application Portal.
- Application fee: $75
- Applicants are considered for admission on a rolling basis, i.e, Applications are accepted at any time up until a week before classes begin and you may begin in the fall, summer, or spring semesters.
- Suggested Application Dates
- Applications are accepted after these dates up until a week before classes begin.
- Fall Semester
- Domestic applicants: July 1
- International applicants: June 1
- Summer Session
- Domestic applicants: May 1
- International applicants: Generally not admitted for this term
- Spring Semester
- Domestic applicants: January 1
- International applicants: November 15
Application Requirements:
- Application Fee
- Bachelor’s Degree for applying Master’s degree
- Transcripts
- Scores of Standardized Exams to study in the USA
- Personal Statement / Essay about your educational plans and career goals
- Resume
- Two Letters of Recommendation
- International applicants must submit one of the following:
- Evidence of graduation from a country in the United States or primary language English;
- TOEFL score of 100 or higher; or
- IELTS score of 7.5 or higher
Cost of Attendance
The estimated cost of attendance for undergraduate students at the university is mentioned-below:
Cost of Attendance for Undergraduate Students
Tuition & Fees (academic year):
| Non-Resident Tuition | $34,160 |
| Health Service Fee | $454 |
| Student Center Fee | $238 |
| International Service Fee | $320 |
| Comprehensive Student Fee | $858 |
Other Expenses:
| Living Expenses | $16,008 |
| Medical Insurance | $2,508 |
| Total | $54,546 |
Cost of Attendance for Graduate Students
Tuition & Fees (academic year):
| Non-Resident Tuition | $34,164 |
| Health Service Fee | $454 |
| Student Center Fee | $238 |
| International Service Fee | $320 |
| Graduate Recreation Fee | $100 |
Other Expenses:
| Living Expenses | $16,008 |
| Medical Insurance | $2,508 |
| Total | $53,792 |
*The above cost of attendance is based on the academic year 2019-2020.
Scholarships & Financial Aid for international students
About 20% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships to afford study in the USA, for a total average of $13,000 annually; a maximum of $26,000.
- Stipends and programs available for minority students include fellowships and tuition scholarships.
- Nearly 30% of all the University’s graduate students and approximately 44% of the Lerner College graduate students are internationals.
- Lerner College offers many services to help you, both in class and out.
- Conditional Admission Program (CAP) Helps You Improve Your English Skills Before You Start Your Graduate Course - No Toefl Exam Required
- Graduate student organizations
- Office for International Students and Scholars (OISS)
Alumni Network
There are currently over 34,400 active Lerner alumni. Lerner alumni can be found in 73 different countries. Financial services are the most popular career area for Lerner alumni. 81% of Lerner alumni hold an undergraduate degree, while 16% hold a graduate degree. 3% hold both an undergraduate and a graduate degree. Lerner college provides alumni awards for recognizing excellence.
Notable Alumni
- Mary Pat Christie - investment banker
- John P. Costas - CEO, UBS Investment Bank
- Steve Alten - science fiction author
- Peter Bailey - author
Students Placement
Lerner College offers various career opportunities as follows:
For Learner students:
- Receive personalized professional and career development guidance
- Find easily accessible, online career information and sign up for career events via handshake
- Get paired with a mentor who has experience in your field of interest
For Lerner alumni:
- Lerner Career Services Center offers to take advantage of the resources
- Serve as a mentor to a current Lerner student
For employers, family, and the community:
- Connect with Lerner students for mentoring and internships
- Recruit Lerner talent at job fairs and online
After graduating in 2018, 94% of Lerner’s graduates were employed (earning a median starting salary of $54,309) or pursuing further education.
Courses & Fees
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Courses
49
Fee from
₹28,87,549.2
Exams
GMAT · GRE
Showing 5 of 22 bachelors
Overview
Degree TypeBachelor
Duration4 years
Study ModeFull Time
LanguageEnglish
Fees
Tuition FeeINR 35.3 L/Yr
Native FeeUSD 37,680 /Yr
Fee trendTuition progression
Admission Guide
Admission Process
Alfred Lerner College of Business and Economics admissions are conducted for Fall and Spring intakes. The business school of University of Delaware invites diverse applicants from across the globe for its 17 UG, 9 PG, and 4 Ph.D. courses. To be eligible for Alfred Lerner College of Business and Economics admissions, a minimum GPA of 3.0 (85%) is required for graduate programs. To improve their chances for graduate admissions at Lerner College of Business and Economics, applicants are also suggested to submit either GMAT or GRE scores. The minimum acceptable score is 550 for GMAT and 330 for GRE.
To get into MBA at Lerner College of Business and Economics, a minimum 2.8 (81%) in bachelor’s degree. MBA applicants are recommended to submit a GMAT test results with a minimum score of 600. A minimum 5 years of professional experience is also required for admissions to MBA program. For the convenience of the applicants, Lerner College of Business and Economics is conducted without any specific deadlines. Rather, the institution just provides you with suggested deadlines.
Planning to Pursue MBA at Lerner College of Business and Economics? Check out the Complete Review, here:
Alfred Lerner College of Business and Economics Top Programs
| Programs | GPA Required | Documents Checklist | Test Scores | Apply Now |
|---|---|---|---|---|
| Master of Business Administration | 2.8 | 3 LORs | Resume | Personal Statement | GMAT: 600 | GRE: 310 | Apply |
| M.S. Accounting | 3.0 | 2 LORs | Resume | Personal Statement | GMAT score of 550 | Apply |
| M.A. Economics | 3.0 | LOR | Personal Statement | Required | Apply |
| M.S. Finance | 3.0 | 1 LOR | Resume | Personal Statement | Required | Apply |
| M.S. International Studies | 3.0 | LOR | Resume | Personal Statement | GRE score of 330 | Apply |
Alfred Lerner College of Business and Economics Admission Deadlines
There are two intakes at Lerner College of Business and Economic i.e Fall and Spring. The institution has no fixed deadline for either of the intakes but suggests a suitable timeline for application processing.
- Fall Intake: Apply by March-end
- Spring Intake: Apply by November end
International students are encouraged to apply at least 3 months before the commencement of their respective courses.
Alfred Lerner College of Business and Economics Graduate Admission
The college offers a selective number of graduate programs to all applicants. To apply for any graduate program at Lerner College o Business, applicants are required to complete an online application form and meet the following requirements:
Application Portal: Graduate Application
Application Fees: 75 USD (6,234 INR)
Admission Requirements:
- Bachelor’s degree
- GPA or aggregate: 3.0 (85%)
- 2-3 letters of recommendation
- Personal Statement
- Resume
- English language proficiency scores:
- TOEFL IBT - 79
- IELTS - 6.5
- Test Scores:
- GMAT - 550
- GRE - 330
Alfred Lerner College of Business and Economics MBA Admission
The Lerner College of Business and Economics MBA is a 2 year 44 credit degree program available in full-time, online and hybrid mode. Admission requirements for Lerner MBA are given below:
Application Portal: Graduate Application
Application Fees: 75 USD (6,234 INR)
Admission Requirements:
- Bachelor’s degree
- GPA or aggregate: 2.8 (81%)
- 3 letters of recommendation
- Personal Statement
- Resume Interview
- English language proficiency scores:
- TOEFL IBT - 100
- IELTS - 7.0
- Test Scores:
- GMAT - 600
- GRE - 310+
Alfred Lerner College of Business and Economics Undergraduate Admission
Lerner College of Business and Economics offers undergraduate programs in 16 majors, some of which include International Business Studies, Accounting, Economics, and Hospitality Business Management.
Application Portal: Common Application/Undergraduate Application
Application fee: 75 USD (6,234 INR)
Admission Requirements:
- Official transcripts of all the schools and colleges attended
- Academic letter of recommendation
- Financial Statement
- English language proficiency scores::
- TOEFL IBT - 79
- IELTS - 6.5
- PTE - 53
Alfred Lerner College of Business and Economics Admission Decision
Alfred Lerner College of Business and Economics issues admission decisions within 3 to 4 weeks after receiving the application along with all the required documents. The decision dates for undergraduate programs are given below:
| Decision Type | Decision Dates |
|---|---|
| Early action | January 31, 2024 |
| Nursing | February 15, 2024 |
| Regular Admission and Honors | Mid-March, 2024 |
Alfred Lerner College of Business and Economics Admission: Selection Criteria
Alfred Lerner College of Business and Economics acceptance rate is 41% which shows admissions are moderately competitive. A minimum academic GPA of 3.0 (85%) is necessary to apply for admission at Lerner College of Business and Economics. However, selections at Alfred Lerner College of Business and Economics are based on holistic application evaluation. This means that your supplementary documents like Academic LORs and written essays are as significant as your academic GPA.
The admissions at Alfred Lerner College are moderately selective with an acceptance rate of 41%. Applicants are always recommended to make the application 3 months before the course start date. It may take up to 3 to 4 weeks for the successful processing of the application and the arrival of the decision. Students are notified about the admission decision via post or mail.
FAQs
Ques. How hard is it to get into Alfred Lerner College of Business and Economics?
Ans. Getting into Alfred Lerner College of Business and Economics is moderately challenging as with recent acceptance rate of 41%. A minimum 3.0 (85%) is required for admissions but due to the holistic evaluation process, overall selection is based on various factors. The factors include lors, sops, test score as well as relevant skills or work experience.
Ques. What are the admission requirements at Alfred Lerner College of Business and Economics?
Ans. The admission requirements at Alfred Lerner College of Business and Economics are given below:
| Requirements | Undergraduate | Graduate |
|---|---|---|
| Application Portal | Undergraduate Application | Common App | Graduate Application |
| Application Fees | 75 USD | 75 USD |
| GPA Required | N.A | 3.0 (85%) |
| Documents Checklist | Academic letter of recommendation | Financial Statement | 2-3 LORs | SOP | Resume |
| Test Scores | Not Required | GMAT: 550-600 | GRE: 310-330 |
| ELP Scores | TOEFL IBT: 79 | IELTS: 6.5 | TOEFL IBT: 79-100 | IELTS: 6.5-7.- |
Ques. How long does Alfred Lerner College of Business and Economics takes to issue admission decisions?
Ans. Following are the decision arrival dates at Alfred Lerner College of Business and Economics:
| Decision Type | Decision Dates |
|---|---|
| Early action | January 31, 2024 |
| Nursing | February 15, 2024 |
| Regular Admission and Honors | Mid-March, 2024 |
Ques. What are the English language proficiency requirements at Alfred Lerner College of Business and Economics?
Ans. International students may submit any one of the following ELP test for admission to undergraduate and graduate programs at Lerner College of Business
| Requirements | Undergraduate | Graduate |
|---|---|---|
| TOEFL IBT | 79 | 79-100 |
| TOEFL PBT | 550 | 550 |
| TOEFL CBT | 233 | N.A |
| IELTS | 6.5 | 6.5-7.0 |
| PTE | 53 | N.A |
| Duolingo | 110+ | N.A |
Placements & Recruiters
Alfred Lerner College of Business and Economics, The University of Delaware Placement Details
Alfred Lerner College of Business and Economics, The University of Delaware in Newark, Delaware, United States placement details include salary insights, top recruiters, and hiring trends to help students understand career outcomes and campus opportunities.
Students usually compare highest package, average package, and recruiter profile before applying. This section gives a compact overview of career outcomes and placement visibility in Newark, Delaware, United States.
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Rankings over the years
Year-wise highlights from global and country rankings available for this university.
2023
Highlights
2023
2023
- Business: #49 in country
- Top source: US News
- 1 ranked streams
- Focus areas: Business
- 1 ranking record in 2023
2024
Highlights
2024
2024
- Business: #56 in country
- Top source: US News
- 1 ranked streams
- Focus areas: Business
- 1 ranking record in 2024