sealPurdue News

January 30, 2001

Purdue's Krannert ranked among world’s top 10 finance programs

WEST LAFAYETTE, Ind. – Purdue University's Krannert Graduate School of Management's finance program ranked seventh among MBA programs in the world in a recent Financial Times (London) survey.

"We are pleased to be recognized by a publication as prestigious as the Financial Times," said David J. Denis, professor and area coordinator of finance at the Krannert School. "The high ranking indicates that our alumni believe they receive an education in finance that prepares them well for careers in the finance area.

"Our finance faculty strive to be leading scholars in the field. This keeps classroom discussions on the cutting edge of finance practice."

The Krannert School also placed high in job placement for its MBA graduates. The Financial Times ranked the Krannert School tied for second nationally with Duke and Michigan behind top-ranked Dartmouth College. Krannert ranked fourth worldwide.

This is the third annual Financial Times survey, sent to 137 schools on five continents. It was compiled from questionnaires sent to business schools, 1997 MBA graduates, as well as alumni. The final rankings included 100 schools.

The Krannert School ranked 28th nationally and 42nd worldwide. Tied with the Krannert School was Indiana University's Kelley School of Business. The Kelley School ranked eighth in finance.

The Financial Times determined the schools' positions by comparing three broad areas: "the career progression accrued from the MBA – in particular its purchasing power in the marketplace – diversity and research."

The University of Pennsylvania's Wharton School ranked first in the Financial Times survey for the second consecutive year. Harvard Business School was second in the 2001 survey. The University of Notre Dame ranked 64th. The top non-American school was INSEAD, located near Paris, which ranked seventh overall in the survey.

The Krannert Graduate School of Management offers masterıs degrees in three areas: management, human resource management and industrial management. The Krannert School also offers four executive masterıs degree programs through a combination of distance-learning and part-time attendance on campus as well as the doctorate in economics and in management.

The Economist magazine's most recent ranking placed the Krannert School No. 1 in the world in helping its students in career services. Other surveys that focused on U.S. schools also acknowledged Krannert as a leader: The Krannert Graduate School ranked 25th overall, according to a Business Week survey released last fall, and Computerworld placed Krannert seventh in ³techno-MBAs.²

Source: David J. Denis, (765) 494-4434, daviddenis@mgmt.purdue

Writer: J. Michael Lillich, (765) 494-2077;

Purdue News Service: (765) 494-2096;

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