Drake University Business Programs

Drake University is a private not-for-profit institution located in Des Moines, Iowa. The surrounding area of the school is a good match for students who enjoy city life.

Drake University Rankings

Drake is ranked #62 out of 1,477 schools in the nation for overall quality on our 2023 Best Colleges list. This lands it a coveted spot in the top 5% of all colleges and universities in the country. Drake also holds the #1 spot on the Best Colleges in Iowa ranking.

These rankings may look different from those published by other outlets, because we use an outcomes-based approach rather than a subjective one. We get our data from a number of places, including the Integrated Postsecondary Education Data System (IPEDS) and the College Scorecard. For more information, check out our rankings and methodology page.

Drake has also been awarded the following overall awards by our latest rankings.

Rank	Ranking Name	Share
#50	Best Business Master’s Degree Schools	Tweet It - Post It
#57	Best Business Bachelor’s Degree Schools	Tweet It - Post It

Program Level Awards

These are highlights of some of the most noteworthy awards granted to specific programs at Drake.

Rank	Ranking Name	Share
#2	Best Other Business & Marketing Bachelor’s Degree Schools	Tweet It - Post It
#7	Best Public Relations & Advertising Bachelor’s Degree Schools	Tweet It - Post It
#11	Best International Business Bachelor’s Degree Schools	Tweet It - Post It
#13	Best Entrepreneurial Studies Bachelor’s Degree Schools	Tweet It - Post It
#15	Best Value Business Administration & Management Master’s Degree Schools	Tweet It - Post It
#16	Best Management Sciences & Methods Bachelor’s Degree Schools	Tweet It - Post It
#37	Best Finance & Financial Management Bachelor’s Degree Schools	Tweet It - Post It
#37	Best Accounting Bachelor’s Degree Schools	Tweet It - Post It
#42	Best Marketing Bachelor’s Degree Schools	Tweet It - Post It
#46	Best Business Administration & Management Master’s Degree Schools	Tweet It - Post It

Awards From Around the Web

The following table lists some notable awards Drake has earned from around the web.

Rank	Ranking Name	Source
#34	Best International Business Schools	College Factual
#48	Best Accounting Schools	College Factual
#56	Best Finance & Financial Management Schools	College Factual
#94	Best Schools	Course Advisor
#110	Best Business, Management & Marketing Schools	College Factual
#118	Best Business Administration & Management Schools	College Factual

Where Is Drake University?

Contact details for Drake are given below.

	Contact Details
Address:	2507 University Avenue, Des Moines, IA 50311-4505
Phone:	515-271-2011
Website:	www.drake.edu
Facebook:	http://www.facebook.com/DrakeUniversity
Twitter:	http://twitter.com/drakeuniversity

How Do I Get Into Drake?

You can apply to Drake online at: www.drake.edu/admission

Admission Requirements for Drake

Submission	Required?
High School GPA	required
High School Rank	neither required nor recommended
High School Transcript	required
College Prep Program	recommended
Recommendations	recommended
SAT or ACT Scores	considered but not required
TOEFL	required

How Hard Is It To Get Into Drake?

With an acceptance rate of 68%, Drake does not let just anybody through their doors! Make sure you spend enough time polishing up your application so you will make a great impression.

Approximately 40% of accepted students are men and 60% are women. The acceptance rate for men is 64%, and the acceptance rate for women is 71%.

Average Test Scores

About 26% of students accepted to Drake submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 560 and 660. Math scores were between 550 and 680.

Drake received ACT scores from 69% of accepted students. When looking at the 25th through the 75th percentile, ACT English scores ranged between 22 and 31. Math scores were between 22 and 29. Composite scores were between 23 and 30.

Can I Afford Drake University?

The overall average net price of Drake is $37,912. The affordability of the school largely depends on your financial need since net price varies by income group.

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.

Student Loan Debt

It's not uncommon for college students to take out loans to pay for school. In fact, almost 66% of students nationwide depend at least partially on loans. At Drake, approximately 53% of students took out student loans averaging $10,142 a year. That adds up to $40,568 over four years for those students.

The student loan default rate at Drake is 1.9%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

Drake University Undergraduate Student Diversity

There are 2,848 undergraduate students at Drake, with 2,731 being full-time and 117 being part-time.

There are also 1,926 graduate students at the school.

Gender Diversity

Of the 2,731 full-time undergraduates at Drake, 40% are male and 60% are female.

Racial-Ethnic Diversity

The racial-ethnic breakdown of Drake University students is as follows.

Race/Ethnicity	Number of Grads
Asian	138
Black or African American	160
Hispanic or Latino	209
White	2,027
International Students	85
Other Races/Ethnicities	112

Geographic Diversity

Iowa students aren't the only ones who study at Drake University. At this time, 32 states are represented by the student population at the school.

Over 45 countries are represented at Drake. The most popular countries sending students to the school are Malaysia, China, and Vietnam.

Online Learning at Drake University

In 2019-2020, 4,272 students took at least one online class at the school.

The following chart shows how the online learning population at Drake has changed over the last few years.

Online Growth Rankings of Drake

The average growth rate over the last four years of online students at Drake University was 805.1%. This is the #87 largest growth rate of all schools that are only partially online. This refers to all students at Drake regardless of major.

When we speak of partially online, we are referring to schools whose online population is less than 50% of its total student body. Mostly online refers to those with online populations greater than or equal to 50%.

Drake University Business Concentrations

The table below shows the number of awards for each concentration.

Major	Bachelor’s	Master’s	TOTAL
General Business Administration and Management	23	67	90
Public Relations	46	0	46
Actuarial Science	44	0	44
Marketing/Marketing Management, General	42	0	42
Accounting	27	10	37
Finance	30	0	30
International Business/Trade/Commerce	12	0	12
General Economics	10	0	10
Other Management Sciences and Quantitative Methods	9	0	9
Advertising	9	0	9
Econometrics & Quantitative Economics	5	0	5
Accounting and Finance	4	0	4
Other Entrepreneurial and Small Business Operations	3	0	3
Business Management & Marketing	2	0	2
Other Finance and Financial Management Services	2	0	2
Other Economics	2	0	2
Entrepreneurship	1	0	1
Other Accounting and Related Services	0	0	0
Other Management Information Systems and Services	0	0	0
TOTAL	271	77	348

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• National Center for Education Statistics
• Image Credit: By Limitingflame1 under License

More about our data sources and methodologies.