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January 24, 2002

Financial Times survey: Krannert MBAs get satisfaction

WEST LAFAYETTE, Ind. – Purdue University's Krannert School of Management received top 10 rankings worldwide in a pair of categories in a Financial Times (London) survey released Monday (1/22).

The Krannert School ranked fourth in placement success, which measured the percentage of 1998 alumni that gained employment with the help of career advice. The school also ranked eighth in the world and sixth in the United States in aims achieved, which is the extent to which alumni fulfilled their goals or reasons for doing an MBA.

"The survey indicates that our MBAs are satisfied both with the quality of their education from the Krannert School and the outcomes it provides," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management.

"I think the findings again confirm that our faculty are providing a world-class education in our MBA program, and our Management Placement Office is doing a tremendous job helping to match our students with the right employers."

Overall, the Krannert School ranked 29th among U.S. MBA schools and 43rd worldwide.

The Financial Times survey was compiled from questionnaires sent to business schools and members of the Class of 1998. The rankings were determined by comparing three broad areas defined by the Financial Times as "the career progression accrued from the MBA – particularly its purchasing power in the marketplace – diversity of experience and the school's research qualities."

The University of Pennsylvania's Wharton School ranked No. 1 in the Financial Times survey. Indiana University's Kelley School of Business was 45th worldwide and the University of Notre Dame's Mendoza College of Business tied for 65th. One hundred highly regarded business schools from around the world were included in the ranking.

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

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

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


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