January 29, 2007

Financial Times survey ranks Krannert School among world's best

WEST LAFAYETTE, Ind. – Purdue University's Krannert School of Management received top 15 MBA rankings worldwide in a pair of categories included in a Financial Times survey released Monday (Jan. 29).

The Financial Times survey was compiled from questionnaires sent to business schools and members of the class of 2002. The Krannert School placed ninth worldwide in top salaries in industry and ranked 12th worldwide in placement success. The placement number measured the percentage of 2002 alumni who gained employment with the help of career services.

The Krannert School also placed 25th worldwide in doctoral rank, which measures the number of doctoral graduates produced in the last three years. The rank is weighted by placement of doctoral graduates at schools that finish among the top 50 in the Financial Times survey.

Overall, the Krannert School ranked 30th among U.S. MBA schools and 48th worldwide. The worldwide ranking, up 29 spots from last year, attests to Krannert’s increased global recognition, said Richard A. Cosier, Krannert School dean and Leeds Professor of Management.

The University of Pennsylvania's Wharton School ranked No. 1 in the Financial Times survey. Indiana University's Kelley School of Business and the University of Notre Dame's Mendoza College of Business tied for 65th worldwide and 41st among U.S. schools. One hundred top business schools from around the world were included in the ranking.

Last fall the Financial Times ranked the International Master's in Management program 12th worldwide among executive master's programs. The program is a collaboration among Krannert, TiasNimbas Business School in the Netherlands, Central European University in Budapest, Hungary, and the GISMA Business School in Hannover, Germany.

"We're pleased to be ranked highly in several categories among the hundreds of schools and universities polled for this ranking," Cosier said. "One of our key strategies during the past year has been to increase our global presence, and the high rankings from an internationally respected publication such as the Financial Times are proof that we are meeting that goal. Along with our collaborations in Europe, we are extending our reach into Asia to become a truly international leader in management education."

The Krannert School has entered into cooperative education and research programs with three Chinese universities, and is developing similar partnerships with schools in India.

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

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

 

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