September 9, 2002
Wall Street Journal poll: Purdue MBA 11th best worldwide
WEST LAFAYETTE, Ind. The Krannert Graduate School of Management's MBA program ranked 11th internationally and third among public universities in a Wall Street Journal-Harris Interactive poll of MBA programs out today (Monday, 9/9).
The Krannert School MBA program also was ranked third in operations management, fifth in communications and interpersonal skills, fifth in career services and seventh in leadership potential of graduates.
The rankings appeared in a Wall Street Journal special section, "The Top Business Schools." This is the second year the Wall Street Journal has run and published the survey.
Unlike other polls, which survey students, alumni and business school deans, the Journal focuses exclusively on the opinions of corporate recruiters. The goal is "to identify the school and student characteristics that recruiters consider most important when they make decisions about which schools to recruit from and which students to hire."
Asked to rank the variables in terms of importance, recruiters ranked a number of very important skills they were seeking in their hires: communication and interpersonal skills, the ability to work well within a team, analytical and problem-solving skills, the ability to drive results, the quality of past hires from the school and leadership potential.
According to The Wall Street Journal, the poll of recruiters' opinions of business schools should be a significant factor on prospective students' choice of business schools.
The poll included 187 American business schools and 73 non-U.S. schools. Polled between Oct. 23, 2001, and March 1, 2002, were 2,221 MBA recruiters.
"We are elated that our MBA program is ranked 11th internationally by the gold standard of business publications," said Richard A. Cosier (KO-shur), Krannert School dean and Leeds Professor of Management.
Chuck Johnson, director of the Krannert School's professional master's degree programs, said: "The rankings reflect the things we stress at Krannert. Recruiters have always valued the analytical and problem-solving abilities of our graduates.
"It's gratifying to see that companies also like our graduates' outstanding skills in the 'softer' areas, such as communications, interpersonal skills and leadership potential. Krannert graduates really do offer a complete package for employers."
"The rankings reflect the things we've always held dear at Krannert. 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 career services director Alan Ferrell and his staff."
Ranked No. 1 in the survey for the second year in a row was Dartmouth College's Tuck School of Business. The University of Michigan was the top public university. Indiana University's Kelley School ranked No. 14 overall. Notre Dame's Mendoza School ranked No. 31 overall.
The Krannert School ranked third among public business schools. IU's Kelley School ranked sixth.
The Krannert School, with 310 full-time MBA students, ranked fourth among business schools with full-time enrollment of fewer than 500 students. IU's Kelley School, with 600 full-time MBA students ranked ninth among schools with more than 500 students.
The overall top 10 business schools in the poll are: Dartmouth, Michigan, Carnegie Mellon, Northwestern, Wharton, Chicago, Texas, Yale, Harvard and Columbia(10).
Other Big Ten schools in the overall top 50 rankings were Michigan (2), Northwestern (4), Michigan State (13), Ohio State (18), Illinois (40) and Wisconsin (50).
Writer: J. Michael Lillich, (765) 494-2077, firstname.lastname@example.org
Sources: Richard A. Cosier, (765) 494-4366, email@example.com
Chuck Johnson, (765) 496-3668, firstname.lastname@example.org
Alan D. Ferrell, (765) 494-4377, email@example.com
Purdue News Service: (765) 494-2096; firstname.lastname@example.org