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* Krannert School of Management

October 22, 2007

Financial Times ranks Krannert executive MBA among world's best

WEST LAFAYETTE, Ind. -
Cosier
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Purdue University's Krannert School of Management's international executive MBA degree program placed 11th worldwide in rankings released Monday (Oct. 22) by Financial Times.

The ranking was up one place from 2006. The publication ranked the International Master's in Management No. 6 among programs with a United States partner school. The program is a collaboration among the Krannert School; TIAS/Nimbas in the Netherlands; Central European University in Budapest, Hungary; and the GISMA Business School in Hannover, Germany and has consistently ranked among Financial Times' top 20 programs in recent years. Prior to the No. 12 ranking last year, the program ranked No. 16 in 2005, 11th in 2004 and 14th in 2003.

"The continuous top-20 ranking in this international survey affirms that the world business marketplace knows about and values graduate education at Krannert," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management. "It shows our strategy to prepare graduates to compete globally is working."

In a separate Financial Times ranking, Krannert's international master's program again ranked No. 1 in international course experience, which evaluates the global content of the learning experience. The Trium program from HEC Paris and New York University was second, and Duke University placed third.

In addition to studying in the home countries of each of the partner schools, students in Krannert international master's in management study in other countries, as well. Graduates of the program have the opportunity to earn both a Purdue MBA and an MBA from one of the partner schools.

"In 2007 we expanded our global residencies to include a two-week session in China. By the time a current IMM student graduates, he or she will have studied in as many as six different countries on three continents," said Chuck Johnson, director of master's and executive programs at Krannert.  

Like Krannert's other Executive MBA program, students in the International Master's in Management program complete their degrees on a part-time basis utilizing a distinctive format that incorporates several intensive residencies and off-site learning.  

Johnson said, "Our format not only permits students to balance work, family and school, but the two-week residencies also immerse them in the locations where they are studying."

The 2007 Financial Times rankings includes 90 schools in the United States, Europe and Asia. Kellogg-HKUST in Hong Kong ranked No. 1 overall. New York University ranked No. 1 in the United States, followed by University of Pennsylvania and Columbia University. Among other Indiana colleges and universities, Notre Dame tied for 58th with Michigan State University and Ohio State University.

In addition to the international master's program, the Krannert School of Management offers two other top-ranked programs for working professionals and managers: an executive MBA and the Weekend Executive MBA programs.  The school also offers a variety of non-degree executive programs on the West Lafayette campus and at corporate training facilities.

Writer: Maggie Morris, (765) 494-2432, maggiemorris@purdue.edu

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

Chuck Johnson, (765) 496-3668, cjohnson@purdue.edu

Tim Newton, Krannert School 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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