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Smeal College of Business

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VerifiedPublicEstd. 1953
Founded
1953
Type
Public
University Guide

About Smeal College of Business

Explore overview, courses, fees, admissions, campus life, scholarships and student accommodation guidance in one premium Admistay guide.

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.

Courses & Fees

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Explore tuition, duration, language, eligibility, and exam requirements without the clutter.

Courses

10

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₹40,52,306.4

Exams

IELTS · TOEFL

Showing 5 of 8 bachelors

Overview
Degree TypeBachelor
Duration4 years
Study ModeFull Time
LanguageEnglish
Fees
Tuition FeeINR 45.6 L/Yr
Native FeeUSD 48,682 /Yr
Fee trendTuition progression
Official Program Page
Admission Guide

Admission Process

Smeal School of Business accepts admission applications during Fall, Spring and Summer seasons. Smeal School of Business is a part of Pennsylvania State University. Applicants aiming for UG and PG courses can apply through an online application. The college offers online as well as offline courses. Applicants can apply to online master’s programs in areas such as corporate innovation & entrepreneurship, marketing analytics, and supply chain, etc.

  • Documents compulsory for all candidates are one essay, two letters of recommendation, GMAT or GRE test score, resume, undergraduate transcripts, and responses to our video application questions.
  • For international candidates, a Visa application and official English Language proficiency exam scores are required.

Highlights

Mode Of Application Online Application
Application Fee $65
Mode Of Payment Online, bank transfer
Academic Calendar Term-based
Intake Seasons Fall, Spring, Summer
Work Experience Required for certain courses
Financial Aid Student grants, loans, etc.

Smeal School of Business Admission Deadlines

Deadlines are very important for all applicants. International applicants are advised to apply at least 6 months before the course start date. The priority application deadline to apply for the undergraduate programs at Smeal School of Business is November 30.

The application deadlines for the graduate program varies. Students can visit the school website for the details. The table below shows the deadlines for a few graduate programs offered at Smeal School of Business.

Master in Business Analytics Early Decision- October 1
Priority deadline for all applicants- December 1
Third round deadline for all applicants- February 1
Final deadline for all applicants- April 1
Online Master in Supply Chain Management Fall- June 15
Online Master in Strategic Management and Executive Leadership Fall- July 1
Spring- November 1
Summer- March 30
Master of Science in Real Estate Analysis and Development Early Decision- August 1
Priority deadline for all applicants- October 1
Third round deadline for all applicants- December 1
Final deadline for all applicants- February 1

Smeal School of Business International Admissions

International students can apply to all programs that the Smeal School of Business offers. The school offers undergraduate programs, one year residential master programs, MBA programs, and online masters and graduate certificate programs. Applicants must provide all the below-given documents to be eligible for admissions:

  • Completed application form
  • Proof of English Language Proficiency
  • Standardized exams to study in the USA
  • Academic records
  • Recommendation letters
  • Official Transcripts of secondary school or university
  • Financial support documentation
  • Copy of passport
  • Health Insurance

English Proficiency Requirements

All international applicants must demonstrate that they are proficient in the English language. English language proficiency requirement can be satisfied if the applicant has earned a high school diploma in which English is the official language of instruction. Otherwise, the applicant will need to meet the minimum English Language Proficiency Scores through one of the exams mentioned below:

Exam Minimum Required Scores
TOEFL 80(iBT)
550(PBT)
IELTS 6.5

Visa Requirements

International students need to apply for an F-1 student visa to be able to travel to the USA for studies. Accepted students need to complete the enrollment process and request the college to issue the I-20 form required to apply for a student visa.

Students need to submit the financial documents in form of official bank statements or a letter from the bank which reflects a balance to cover the tuition, living, food expenses, etc. while staying in the USA. The I-20 form is then issued by the college to be used for the F-1 student visa. Students can contact the US Embassy in their home country regarding any details on the visa.

Documents required for a visa include:

  • A valid passport
  • Proof of visa application fee payment
  • Payment receipt of SEVIS Fee
  • Admission letter from the college
  • I-20 form issued by the college
  • Academic records
  • Proof of English proficiency
  • Proof of financial support, if any
  • Other required documents by the US Embassy

Visa interviews are held in the domestic countries of the students, at the U.S. embassy. Students can get their visa interview scheduled with the Embassy and complete the visa process. A stamp would be issued on the passport by the Embassy after clearing the visa interview which is a visa to enter and study in the USA.

Smeal School of Business Undergraduate Admissions

Smeal School of Business offers undergraduate majors in 8 concentrations which include finance, marketing, risk management, and supply chain, information systems, etc.

Application: Online

Application Fee:

Admission Requirements: Applicants who wish to apply for UG courses have to fulfill the following conditions:

  • Completed application form
  • Secondary school transcripts
  • Must have taken courses such as English, Mathematics, Social Studies, Science, and World Language in secondary school with the required units
  • Proof of age
  • English Language Proficiency- TOEFL/ IELTS
  • Standardized test scores- ACT/ SAT

Smeal School of Business Graduate Admissions

The Smeal School of Business offers numerous graduate programs. Applicants can apply to MBA Programs, One-year Residential Master’s, Online Speciality Masters and Certificates, etc.

Application Portal: Graduate School at Penn State

Application Fee: $65

Admission Requirements:

  • Bachelor’s degree or equivalent from an accredited college/ university
  • English Proficiency Test Scores- TOEFL/ IELTS
  • Work experience
  • Personal Statement
  • Resume
  • 2 References/ Letters of Recommendation
  • GMAT Recommended

Smeal School of Business MBA Admissions

Smeal School of Business offers Residential MBA, Executive MBA and Online MBA for admissions.

Application Portal: Graduate School at Penn State

Application Fee: $65

Application deadline: The MBA applications at Smeal School of Business are reviewed on a rolling basis. All international applicants are advised to complete their admission application as early as possible.

Deadline Type Deadline
Early Decision October 1
Priority Deadline for students seeking merit-based financial aid December 1
Final Deadline for students seeking merit-based financial aid February 1
Final Deadline for students not seeking merit-based financial aid April 1

Admission Requirements:

  • Transcripts for all completed degrees.
  • Original and English translations of the transcripts
  • A bachelor's degree or educational qualification equivalent to the 4-year US bachelor degree
  • English language proficiency- TOEFL score of 80 on the internet-based exam or 550 on the paper-based exam is required.
  • Letter of Recommendation
  • GMAT test scores
  • Admission Essay
  • Resume
  • Video Application Response

NOTE- Indian applicants with a 4-year bachelor degree or a master degree after a 3-year bachelor degree are eligible to apply for the MBA program. Any equivalent qualification from a college or university which is a part of AIU(Association of Indian Universities) are eligible to apply for the program.

The Smeal School of Business takes a holistic approach towards applicants. GPA plays the most important role, so candidates are required to start preparing right from school. All applications are reviewed by both the Penn State Smeal MOL Program Admissions Office and the Penn State Graduate School. Admission is granted first by the Smeal Program and then by the Penn State Graduate School. The Graduate School does not act on the application without a recommendation from the MOL Admissions Office.

Placements & Recruiters

Smeal College of Business Placement Details

Smeal College of Business in University Park, Pennsylvania, 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 University Park, Pennsylvania, United States.

Recruiters
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Salary Metrics
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Placement Metric

Highest Package

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Represents the top salary package reported in the available placement information.

Placement Metric

Average Package

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Shows the typical package range students may expect based on the available average salary data.

Placement information is currently limited.

More salary or recruiter data may be updated later for this college.

Rankings over the years

Year-wise highlights from global and country rankings available for this university.

2022

Highlights
2022
  • Business: #31 in country
  • Top source: The Economist
  • 2 ranked streams
  • Focus areas: Management, Business
  • 4 ranking records in 2022

2023

Highlights
2023
  • Business: #21 in country
  • Top source: US News
  • 1 ranked streams
  • Focus areas: Business
  • 2 ranking records in 2023

2024

Highlights
2024
  • Business: #24 in country
  • Top source: US News
  • 1 ranked streams
  • Focus areas: Business
  • 2 ranking records in 2024

2025

Highlights
2025
  • Business: #36 in country
  • Top source: QS
  • 1 ranked streams
  • Focus areas: Business
  • 1 ranking record in 2025

2026

Highlights
2026
  • Business: #28 in country
  • Top source: QS
  • 1 ranked streams
  • Focus areas: Business
  • 1 ranking record in 2026

Contact Information

210 Business Building, University Park, PA 16802

+1-814-863-0448