April 4, 2003
U.S. News ranks Krannert School MBA among nation's best
WEST LAFAYETTE, Ind. U.S.News & World Report ranks Purdue University's Krannert School of Management's MBA program among the top 25 nationally and No. 2 nationally in production/operations management and No. 9 in the supply chain/logistics category.
Krannert tied for No. 24 with Georgetown University. The rankings, published in the magazine's 2004 "America's Best Graduate Schools," were released today (Friday, 4/4). Krannert ranked No. 28 last year.
"It is great to be ranked among the top 25 business schools in the country," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management. "We are especially proud to be ranked second in production/operations management and in the top 10 in supply chain/logistics. Both of these areas are critical to the economic success of the state of Indiana, and we're pleased to have achieved such high recognition in them."
In other specialized MBA rankings, Krannert ranked No. 14 in management information programs and No. 24 in management. Krannert's executive education programs ranked 18th nationally.
U.S. News bases its overall national rankings on schools' reputations, students' grades and test scores, and graduate placement.
"We're happy that both employers and our academic peers continue to respect our faculty, our graduates' analytical and technical skills, and our work ethic," said Chuck Johnson, director of Krannert School's professional master's degree programs.
Harvard received the No. 1 ranking among the nation's graduate business schools. Indiana University's Kelley School ranked No. 23 overall; Notre Dame tied for 29th. Last year Kelly ranked No. 21, and Notre Dame tied for No. 34.
Indiana and California are the only two states to have two public, top 25 business schools.
According to the survey, the starting salary and bonus for a 2002 Krannert MBA was $90,243. A Kelley MBA started at $88,121, and a Notre Dame MBA at $79,243.
The Krannert School offers three full-time master's degrees: a two-year MBA, a one-year master's in industrial administration, and a two-year master's in 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; a number of specialized non-degree executive programs; and the doctorate.
The Krannert School has about 2,500 undergraduate management majors, 380 master's degree students, 262 executive education students, about 500 non-degree executive education students and 102 doctoral students.
U.S.News & World Report will publish its complete rankings of graduate schools in its April 14 issue of "America's Best Graduate Schools," which will be available on newsstands Monday (4/7). The complete rankings and methodology also will be available Monday at U.S. News Online.
U.S. News has published graduate school rankings annually since 1987.
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
Purdue News Service: (765) 494-2096; email@example.com
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