Purdue News

August 18, 2006

Krannert's undergraduate program ranked in top 20 by U.S.News

Richard A. Cosier
WEST LAFAYETTE, Ind. — Purdue University's Krannert School of Management undergraduate program is among the top 20 nationally in U.S.News & World Report rankings released today (Friday, Aug. 18).

Krannert School shares the No. 18 slot with four other doctoral-granting universities — Ohio State University, Pennsylvania State University, the University of Arizona and the University of Maryland. The Krannert School is tied for 10th among business schools at public universities.

Krannert School's undergraduate program also fared well in specialty rankings.

• In production/operations management, Krannert placed No. 2 behind MIT and was the top-ranked public university.

• In quantitative analysis, it ranked No. 3 behind MIT and Carnegie Mellon and also was the top-ranked public university.

• In supply chain management/logistics, it placed No. 9.

• In management information systems, it placed No. 15.

• In management, Purdue tied at No. 24, along with Wake Forest, Case Western Reserve, Boston University and Arizona State University.

"We are pleased that the latest U.S.News rankings continue to rate the Krannert School among the best in the country," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management. "A top-20 ranking places Krannert in the most prestigious tier of business schools, and that is a true reflection of the quality of our faculty, staff and students. We were particularly pleased to place in the top three in operations management and quantitative analysis, which are traditional strengths in our program."

The top undergraduate business school was the University of Pennsylvania, followed by MIT, University of California-Berkeley and the University of Michigan.

Indiana University's Kelley School of Business tied for No. 11, and the University of Notre Dame's Mendoza College of Business tied for No. 23.

The Krannert School of Management had 2,563 undergraduate students enrolled during the 2005-06 school year, majoring in management, accounting, industrial management and economics, 315 master's students and 98 doctoral students. It offers master's degrees in management and human resource management; four executive MBAs through a combination of distance-learning and part-time residence on campus; bachelor's degrees in accounting, economics, management and industrial management; and the doctorate.

Earlier this year, U.S.News ranked Krannert School's MBA program No. 21 nationally, up two spots from last year, and two specialty areas also ranked among the top 10. In specialty rankings, based upon nominations by business school deans and heads of MBA programs, Krannert School ranked No. 2 in production/operations management and No. 7 in supply chain/logistics. Overall, Krannert's graduate program placed No. 7 among public business schools.

In both 2004 and 2005, The Wall Street Journal named Krannert School a No. 1 MBA school. And last fall, Financial Times ranked one of Krannert's executive MBA programs — the International Master's in Management —16th worldwide.

In the magazine's other rankings, Purdue's overall undergraduate programs tied with the University of Iowa for No. 25 nationally among public doctoral degree-granting universities. Purdue tied at No. 64, along with the University of Iowa and Worcester Polytechnic Institute in Massachusetts, among both private and public universities.

Purdue also is among 13 public and private universities cited for its internship programs in the "Programs to Look For" category.

Purdue's College of Engineering tied for eighth nationally among doctoral-granting public universities, sharing the slot with Carnegie Mellon University. Purdue ranked No. 10 in 2002 and has been in the No. 8 position for the past two years. In specialty rankings, the College of Engineering's industrial/manufacturing engineering placed second, agricultural engineering ranked fourth and aerospace/aeronautical/astronomical also placed fourth.

In addition, Purdue North Central is listed as one of the top comprehensive colleges in the Midwest in the "Comprehensive Colleges-Bachlelor's" rankings, which evaluates institutions that focus on undergraduate education and offer a wide range of programs. The campus also is cited as having one of the lowest student debt loads of any public or private comprehensive college in the Midwest.

The data for determining the nation's best institutions of higher education come from questionnaires sent to all accredited four-year colleges and universities. The magazine then determines its rankings based on several measures that fall into seven broad categories: peer assessment, retention, faculty resources, student selectivity, financial resources, alumni giving and graduation rate.

The magazine bases its specialty rankings on ratings by deans and senior faculty in those disciplines at peer institutions.

Information on the rankings can be found at the U.S.News & World Report Web site. The magazine's college guidebook, "America's Best Colleges," contains a directory of more than 1,400 institutions.

The U.S.News & World Report issue ranking America's best colleges and universities will be on newsstands Monday (Aug. 21).

Writer: Kim Medaris, (765) 494-6998, kmedaris@purdue.edu

Source: Richard A. Cosier, (765) 494-4366, rcosier@purdue.edu


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