April 2, 2004
U.S. News ranks Purdue's Krannert School MBA among nation's best
WEST LAFAYETTE, Ind. U.S.News & World Report has ranked Purdue University's Krannert School of Management's MBA program third nationally in production/operations management and sixth in supply chain/logistics.
Krannert ranked 27th overall among the nation's 377 accredited MBA programs in business and management. Krannert's overall quality score, on which the rankings are based, improved by two points on the 100-point scale used by U.S. News. The rankings, which will be published in the magazine's "America's Best Graduate Schools," were released today (Friday, 4/2).
"Our ranking places Krannert securely in the top 10 percent of the nation's MBA programs," said Richard A. Cosier, Krannert School dean and Leeds Professor of Management. "Our top 10 rankings in production/operations management and supply chain/logistics testify to our traditional strength in manufacturing enterprises.
"Our new Rawls Hall facility is a state-of-the-art teaching and learning resource that is already attracting dynamic new faculty and talented students that makes us view the future with optimism."
In other specialty rankings, based upon nominations by business school deans and heads of MBA programs, the Krannert School ranked 13th in management information systems and 18th in executive education programs.
Among the criteria U.S. News uses to make its overall business school rankings are graduates' starting salaries. The survey reported the average starting salary of Krannert School MBAs graduating in 2003 was $86,577.
"While the top 30 U.S. News ranking indicates Krannert's high quality, we still have work to do," said Chuck Johnson, director of Krannert School's professional master's degree programs. "We are generally highly ranked among the top MBA programs nationally, and, although the competition is intense, we intend to get even better."
Harvard received the No. 1 ranking among the nation's graduate business schools. Indiana University's Kelley School tied for 23rd overall; Notre Dame tied for 29th.
Indiana and California are the only two states to have two public, top 30 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 Krannert School has 2,534 undergraduate management majors, 307 MBA students and 111 doctoral students.
U.S.News & World Report's complete rankings in "America's Best Graduate Schools" will be available on newsstands Monday (4/5). U.S. News has published graduate school rankings annually since 1987.
Writer: Mike 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