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January 14, 2002

Economist publication ranks Krannert MBA programs among best

WEST LAFAYETTE, Ind. – Purdue University's Krannert School of Management received top rankings in finance, production-operations management, human resources, e-business and career services in a biennial survey of MBA programs worldwide.

The new 2001 rankings, released by The Economist's publication, "Which MBA?" were based on a survey of more than 4,500 current MBA students and recent graduates. This is the publication's 13th survey of MBA programs.

The Krannert School's finance area ranked fifth worldwide. Production-operations ranked seventh, human resources eighth and e-business 10th. The Krannert School also ranked in the top 25 worldwide in rankings of its MBA offerings in economics, information technology and quantitative methods.

"It is gratifying that a publication associated with The Economist has recognized the quality of our MBA program across such a broad range of areas of study," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management. "Production-operations management is a traditional strength of the Krannert School that is appropriate here in Indiana, which has a higher percentage of its population employed in manufacturing than any state in the nation.

"Our finance area is widely recognized for its excellence in both research and education. We have worked hard to tailor our e-business offerings to student demand."

Krannert's MBA career services ranked fifth. The MBA program also ranked in the top 25 worldwide in the survey's categories of difficulty of entrance requirements, quality of faculty and facilities.

"We have a small student body – about 380 – in our MBA program," said Chuck Johnson, Krannert School director of professional master's degree programs. "This enables us to provide individual attention to our key stakeholders – our MBA students."

Notre Dame's Mendoza School and Indiana University's Kelley School also were ranked in a number of the survey's categories.

"Which MBA?" is available for sale at The Economist online store for $49.99.

The Economist is a London-based publication that is simultaneously printed in six countries and reports on a variety of business and political issues. The publication's circulation is more than 700,000, four-fifths of it outside Britain, one-third in the United States.

Writer: J.M. Lillich, (765) 494-2077, mlillich@purdue.edu

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

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

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


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