March 30, 2007
U.S. News ranks Purdue's Krannert's MBA in top 25WEST LAFAYETTE, Ind. -
The rankings, which included the accredited MBA programs in business and management that responded to the survey, will be published in the magazine's "America's Best Graduate Schools" and were released Friday (March 30).
The Krannert School's overall No. 22 ranking tied for seventh among public universities. In specialty rankings, based upon nominations by business school deans and heads of MBA programs, the Krannert School ranked No. 3 in production/operations management and No. 7 in supply chain/logistics, tied with Wharton School of Business and Stanford University. Also, Krannert's executive MBA program placed No. 18, tied with the Massachusetts Institute of Technology, and its information systems program placed No. 14.
"This top-25 standing in U.S. News is very good news," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management. "It is consistent with other rankings of our MBA programs from national surveys conducted by the Wall Street Journal and Business Week, and is further verification that Krannert remains a major force among business schools in the country."
Among the criteria U.S. News uses to make its overall business school rankings are graduates' starting salaries. The survey reported the average starting salary and bonus of Krannert MBAs graduating in 2006 was $93,780.
Another criterion for the rankings is the percentage of graduates employed within three months of graduation. At 96.5 percent, Krannert was fourth in the country after only Dartmouth College, Texas A&M and the University of Minnesota.
"These results attest to the fact that recruiters know that Krannert graduates have the skills necessary to help companies succeed in a global environment," said Chuck Johnson, director of Krannert's professional master's and executive degree programs. "We produce graduates with great work ethic, teamwork skills and analytical abilities, and those qualities match up with what recruiters seek today. Our Graduate Career Services area has done an excellent job in serving the needs of both recruiters and students."
Harvard received the No. 1 ranking among the nation's graduate business schools. Indiana University's Kelley School of Business placed No. 24 overall; Notre Dame's Mendoza College of Business tied with Boston College for No. 39.U.S. News & World Report's complete rankings in "America's Best Graduate Schools" will be available on newsstands Monday (April 2). The graduate school rankings have been published annually since 1987.
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