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April 30, 2001
Wall Street Journal poll:
Purdue MBA sixth best worldwide
WEST LAFAYETTE, Ind. – Move over Harvard. Watch out Yale. Here comes Purdue.
The Krannert Graduate School of Management's MBA program ranked sixth internationally and second among public universities in a Wall Street Journal-Harris Interactive poll of MBA programs out today (Monday, 4/30).
The Krannert School MBA program also was ranked third in operations management and fourth in analytical and problem-solving skills.
The rankings appeared in a Wall Street Journal special section, "The Top Business Schools." This edition has profiles and descriptions of the Krannert School and the other top 10 programs.
Also released was a 1,257-screen e-book on the rankings, "The Wall Street Journal Guide to Business Schools." The e-book has profiles and descriptions of more than 100 MBA programs.
Unlike other polls, which survey students, alumni and business school deans, the Journal focused exclusively on the opinions of corporate recruiters. The goal was to identify business schools that produce the most marketable graduates.
"I am elated that our MBA program is ranked sixth internationally by one of the world's most respected business publications," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management.
"The ranking recognizes our high-quality faculty and staff. Also, over the past several years, we have been actively listening to recruiters and other stakeholders and have reflected their ideas in our MBA curriculum. We believe the courses and services we provide for our students give them the best possible preparation for their careers."
A total of 188 U.S. MBA programs and 56 international schools were included in the poll.
The rankings are based on survey results from more than 1,600 corporate recruiters. The survey, based on 27 variables, was conducted online between Aug. 23 and Dec. 15.
Asked to rank the variables in terms of importance, recruiters ranked five very important: communication and interpersonal skills, past success with the quality of graduates, the ability to work well within a team, analytical and problem-solving skills, and the ability to drive results.
"The rankings reflect the things we've always held dear at Krannert," said Charles R. Johnson Jr., director of professional master's degree programs. "Recruiters value the attributes of our students and graduates – their analytical and problem-solving skills as well as their roll-up-their-sleeves-and-get-the-job-done work ethic.
"Our high rank also is indicative of the outstanding efforts of placement director Alan Ferrell and his staff."
Ranked No. 1 in the survey was Dartmouth College's Tuck School of Business. The University of Michigan was the top public university.
Indiana University's Kelley School ranked No. 23 overall and 10th among public universities. Notre Dame's Mendoza School ranked No. 15 overall.
The overall top 10 business schools in the poll are: Dartmouth (1), Carnegie Mellon (2), Yale (3), Michigan (4), Northwestern (5), Purdue (6), Chicago (7), Harvard (8), Southern Methodist (9), Texas (10).
The top-ranked MBA programs outside the United States were the University of Western Ontario (22), ESADE (26) and INSEAD (28).
Johnson said small programs, such as the Krannert School, have strengths that sometimes aren't recognized. Five of The Wall Street Journal's top 10 schools, including Purdue, had enrollments of fewer than 450 full-time students. Purdue has 271 full-time MBA students. Thirty of the top 50 programs had enrollments of fewer than 500 students.
Sources: Richard A. Cosier, (765) 494-4366, rcosier@mgmt.purdue.edu
Charles R. Johnson Jr., (765) 496-3668, cjohnson@mgmt.purdue.edu
Writer: J. Michael Lillich, (765) 494-2077, mlillich@purdue.edu
Other source:
Alan D. Ferrell, (765) 494-4377, ferrell@mgmt.purdue.edu
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