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September 17, 2007

Wall Street Journal ranks Krannert in top dozen MBA programs

WEST LAFAYETTE, Ind. -
Richard Cosier
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Purdue University's Krannert School of Management is among the top dozen regional MBA programs in the country in the latest rankings by "The Wall Street Journal."

Krannert ranked No. 12 among 51 business schools in the regional ranking, meaning the schools draw recruiters primarily from the region in which they are located.

Complete results were published Monday (Sept. 17) in a special section of "The Wall Street Journal" called "The Top Business Schools."

"Krannert has a longstanding reputation for having a solid MBA program," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management. "In a category that has the most competitors nationwide, we stand alongside some great MBA programs and were able to maintain a ranking in the top quartile."

In a  separate specialty ranking, Krannert ranked third in operations management. That area has placed third in all seven of the publication's rankings, which began in 2001. The Krannert School also ranked 10th in information technology and eighth in energy and industrial products and services.

Unlike other MBA rankings that use a variety of measures, "The Wall Street Journal" uses only surveys and interviews with corporate recruiters. This year 4,430 recruiters took an online survey between Dec. 19, 2006, and March 23, 2007, and rated full-time MBA programs on 21 different attributes, including students' leadership potential and strategic thinking, students' previous work experience, the faculty and curriculum, and the career-services office.

Of all the attributes, recruiters said interpersonal and communication skills, a teamwork orientation, personal ethics and integrity, analytical and problem-solving abilities, and a strong work ethic matter most to them.

Chuck Johnson, the Krannert School's director of professional master's degree programs, said when recruiters visit Krannert, they know they can expect students with exceptional abilities and work ethics.

"The competition is fierce among schools with MBA programs, and our students consistently show they are among the best," Johnson said.

"The Wall Street Journal" ranked Indiana University's Kelley School of Business fifth and the University of Notre Dame's Mendoza School of Business 14th. Both are in the same regional category as the Krannert School.

Writer: Maggie Morris, (765) 49402432, maggiemorris@purdue.edu

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

Tim Newton, Krannert director of external relations and communications, (765) 496-7271, tnewton@purdue.edu

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

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