March 30, 2001
U.S. News ranks Krannert School MBA
among nation's best
WEST LAFAYETTE, Ind. U.S. News and World Report ranks Purdue University's Krannert Graduate School of Management's MBA program second nationally in production/operations management and seventh in quantitative analysis.
Krannert ranked 23rd overall among the nation's 325 accredited MBA programs in business and management. The rankings, published in the magazine's 2001 guide to the best graduate schools, were released today (Friday, 3/30).
"We are pleased to be ranked once again among the nation's top 25 MBA programs," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management. "We are especially happy to be ranked behind only MIT in the production/operations management as Indiana has the largest percentage of its population employed in manufacturing compared to any other state in the nation.
"Our top-10 ranking in quantitative analysis is a testimonial to our strategic emphasis on using analytical tools in the management of technology."
The Krannert School's MBA tuition was the lowest among top 25 business schools. Tuition and fees for the 2000-01 school year were $18,542 for out-of-state students and $9,422 for Indiana residents.
U.S. News bases its overall national rankings on schools' reputations, students' grades and test scores, and graduate placement.
The specialty rankings in 13 areas are based upon nominations by business school deans and heads of MBA programs.
"The U.S. News rankings reinforce that Krannert School graduates have built the reputation of the school on 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.
Stanford received the No. 1 ranking among the nation's graduate business schools. Last year Stanford and Harvard tied for the top spot. Indiana University's Kelley School ranked 20th overall; Notre Dame tied for 33rd.
Indiana and California are the only two states to have two public top-25 business schools.
The Krannert School offers master's degrees in management and human resource management; 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.
The Indiana Commission for Higher Education recently approved a proposal retitling Krannert's master of science in management degree as a master of business administration, commonly known as the MBA.
U.S. News and World Report will publish its complete rankings of graduate schools in its April 9 issue, "America's Best Graduate Schools," which will be available on newsstands Monday (4/2). The complete rankings and methodology will also be available Monday at U.S. News Online at http://www.usnews.com.
U.S. News has published graduate school rankings annually since 1987.
Sources: Richard A. Cosier, (765) 494-4366, firstname.lastname@example.org
Charles R. Johnson, (765) 496-3668, email@example.com
Writer: J. Michael Lillich, (765) 494-2077, firstname.lastname@example.org
Purdue News Service: (765) 494-2096; email@example.com
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