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U.S. News ranks Krannert School among nation's best

WEST LAFAYETTE, Ind. – U.S. News and World Report ranks Purdue University's Krannert Graduate School of Management 23rd among the nation's 325 accredited master's degree programs in business and management. The rankings, contained in the magazine's 2001 guide to best graduate schools, were released today (Friday, 3/31).

The magazine also ranks the Krannert School in the top 10 nationally in two specialty areas – third in production/operations management and seventh in quantitative analysis.

"We are pleased to be ranked again among the nation's top 25 MBA programs," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management. "Our top-10 rankings in production/operations management and quantitative analysis reflect our continuing commitment to Purdue University's core strengths, the technical orientation of our students, and the needs of the businesses and industries that employ our graduates."

Recent surveys by the Financial Times (London) and Forbes ranked Krannert as one of the top business schools in terms of value, and the U.S. News survey concurs. Of the top 25 schools, only Ohio State had lower tuition for 1999 than the Krannert School's, which was $17,770 annually in tuition and fees for out-of-state students and $8,528 for in-state students.

U.S. News bases its overall national rankings on schools' reputations, students' grades and test scores, and placement of graduates.

The specialty rankings in 13 areas are based upon nominations by business school deans and heads of MBA programs.

"This ranking reinforces why Krannert graduates are known worldwide for their exceptional analytical and technical skills and their outstanding work ethic," said Charles R. Johnson, director of Krannert School's professional master's degree programs.

Harvard and Stanford tied for the top ranking among the nation's graduate business schools. Indiana University's Kelley School ranked 20th overall; Notre Dame tied for 48th.

The Krannert School offers master's degrees in management, human resource management, industrial management and accounting; four executive MBAs through a combination of distance-learning and part-time residence on campus; bachelor's degrees in accounting, economics, management and industrial management; and the doctorate.

U.S. News and World Report will publish its complete rankings of graduate schools in its April 10 issue, "America's Best Graduate Schools," available on newsstands April 3. The complete rankings and methodology will also be available at U.S. News Online.

U.S. News has published graduate school rankings annually since 1987.

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

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

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


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