Purdue News

October 24, 2006

Krannert international MBA named among world's best

Richard A. Cosier
WEST LAFAYETTE, Ind. — An executive master's program offered by the Krannert School of Management placed 12th worldwide in rankings released Monday (Oct. 23) by the Financial Times.

The International Master's in Management, a collaboration among the Krannert School, TIAS/Nimbas Business School in the Netherlands, Central European University in Budapest, Hungary, and the GISMA Business School in Hannover, Germany, moved up four spots from the 2005 ranking.

"Being ranked among the best in the world is a great honor," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management. "The high ranking of the international management degree reflects the great work of our faculty and students and the benefits of the degree. It also is a confirmation that our globalization strategy at the Krannert School, which includes partnerships with schools in Asia as well as in Europe, is effective."

In a separate ranking by the Financial Times of "top tens," the Krannert international master's ranked first for international attendees, meaning the percentage of those enrolled from nations other than the four that collaborate to offer the degree.

"Being No. 1 in the number of international participants highlights the richness and diversity of our classroom experiences," said Gerald Lynch, academic director of full-time and executive education master's programs. "The International Master’s in Management program draws participants from around the world, and that is a key reason behind its outstanding reputation."

The Financial Times ranking included 85 schools in North America, Europe and Asia. The rankings combined a number of measures, including before-and-after salary, career benefits and aims achieved as a result of participating in a master's program. The Krannert international master's program ranked No. 3 in salaries for those working in finance and No. 3 for aims achieved.

The University of Pennsylvania's Wharton School retained the No. 1 overall ranking for the sixth consecutive year. Notre Dame's Mendoza School of Business tied for No. 43. No other Indiana business schools were ranked.

Krannert offers three executive MBA programs, the oldest of which dates to 1983. The school also offers a variety of non-degree executive programs, all on the West Lafayette campus and at corporate training facilities.

The International Master's in Management combines a series of two-week residencies supplemented with online courses and exams, allowing participants to remain in their jobs. On-campus courses rotate among the four schools.

Writer: Jay Cooperider, (765) 494-2077, jcoop@purdue.edu

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

Gerald Lynch, (765) 494-4388, lynch@purdue.edu

Purdue News Service: (765) 494-2096; purduenews@purdue.edu


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