August 19, 2005
U.S.News ranks Krannert's undergrad program among nation's finest
WEST LAFAYETTE, Ind. U.S.News & World Report magazine ranks Purdue's Krannert School of Management undergraduate management program tied for No. 12 nationally in results released today (Friday, Aug. 19).
Krannert's No. 12 ranking was up from No. 17 in last year's U.S.News survey and was seventh among public business schools granting doctorates. In this year's ranking, Krannert tied with five other doctoral-granting universities Cornell, Illinois, Minnesota, Wisconsin and Washington University (St. Louis).
Richard A. Cosier, dean and Leeds Professor of Management, said, "We are especially pleased to move up in the rankings because of our hard work to enhance our undergraduate program over the past year. We've added an undergraduate management communication center and increased international study opportunities.
"We've also added resources to our career-placement effort and offered a new course about how to function as a member of a high-performing team."
Krannert's undergraduate program also fared well in specialty rankings:
Production/operations management, No. 3 and the top-ranked public university.
Quantitative analysis, No. 4 and the top-ranked public university.
Supply-chain management-logistics, No. 7.
Management information systems, No.14.
Finance, tied for No. 18.
Management, No. 23.
"Those of us in the Purdue community continue to be very pleased that Purdue ranks among the top 25 public universities in the country overall," said Provost Sally Mason. "I am especially pleased to see the tremendous progress of our Krannert School of Management. Their hard work to grow the resources of the school has clearly helped propel them to a No. 12 ranking this year."
The top undergraduate business school was the University of Pennsylvania's Wharton School, followed by MIT, California-Berkeley and Michigan. Indiana University's Kelley School of Business ranked 11th in the poll, the same as last year. The University of Notre Dame's Mendoza College of Business tied for No. 22.
The Krannert School of Management has 2,550 undergraduate students enrolled this year, majoring in management, accounting, industrial management and economics.
The data for determining the nation's best institutions of higher education come from questionnaires sent to all accredited four-year colleges and universities. The magazine then determines its rankings based on several measures that fall into seven broad categories: peer assessment, retention, faculty resources, student selectivity, financial resources, alumni giving and graduation rate.
The magazine bases its specialty rankings on ratings by deans and senior faculty in those disciplines at peer institutions.
Information on the rankings can be found at the U.S.News & World Report Web site. The magazine's college guidebook, "America's Best Colleges," contains a directory of more than 1,400 institutions.
The U.S.News and World Report issue ranking America's best colleges and universities will be on newsstands Monday (Aug. 22).
Writer: Mike Lillich, (765) 494-2077, firstname.lastname@example.org
Sources: Richard A. Cosier, (765) 494-4366, email@example.com
Sally Mason, (765) 494-9709, firstname.lastname@example.org
Purdue News Service: (765) 494-2096; email@example.com
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