Boston University School of Management MBA Ranked 39th Nationally; 28th by Recruiters by Bloomberg Businessweek
November 15th, 2012 – Boston University School of Management placed 39th among full-time MBA programs in Bloomberg Businessweek‘s biennial ranking of top U.S. business schools, a change of one position from the 2010 ranking. In New England, the School ranked 5th behind Harvard, MIT, Dartmouth, and Yale.
The Bloomberg Businessweek ranking is largely determined by both student and recruiter feedback, which each contribute 45 percent of the final ranking. The student rating placed the School 41st and reflects overall student satisfaction of the b-school experience. The recruiter rating, which placed the School 28th overall, is determined by asking recruiters to identify the schools that produce the best graduates. The final 10 percent of the ranking was influenced by the faculty research within a set of academic journals.
The high quality of the School’s MBA graduates continues to be recognized by leading recruiters, reflected in the School’s rise of eight places this year to 28th overall in the recruiter survey. High student interest in attending the School’s full-time MBA program continues, reflected by a competitive applicant pool. This year 30 percent of students were admitted to the program.
Bloomberg Businessweek publishes rankings of full-time and part-time MBA programs in alternate years. In Bloomberg Businessweek‘s most recent ranking of part-time MBA programs, the School of Management ranked 1st in Boston and 4th in New England.
International survey puts BU in top 10 U.S. schools, 17th worldwide
Excerpts from BU Today:
The power of a BU diploma was recognized last week when the employability of graduates of the University was ranked 17th in the world and 7th among U.S. schools in a survey published in the New York Times and the International Herald Tribune. The 2012 Global Employability Survey was conducted by Emerging, a French consulting firm, and Trendence, a German polling institute, and asked hundreds of international companies which universities were most likely to produce the ideal employee; it also asked them to list the ideal qualities of a new graduate.
Harvard was ranked number one among U.S. schools, followed by Yale, Stanford, MIT, Columbia, Princeton, and BU.
Jean Morrison, University provost and chief academic officer, says the administration is delighted that BU is so highly regarded on the global stage.
“The results are an excellent characterization of the quality of our students,” Morrison says. “BU is a global university in that our students have meaningful experiences that prepare them for the global marketplace. Given that the survey reflects the views of international CEOs, business managers, and recruiters at international companies, it’s really excellent recognition of the quality and versatility of our students.”
Kenneth Freeman, the Allen Questrom Professor and Dean of the School of Management, formerly led Quest Diagnostics and was a partner at investment firm Kohlberg Kravis Roberts & Co., and he is still a senior advisor at the company. He says that global employers often look for the “four Cs”: cultural awareness, communication skills, collaboration, and creativity. “They aspire to hire individuals who are sensitive to the impact of cultural differences across countries in the ways business is conducted; write and speak clearly and persuasively; actively participate in and lead cross functional teams; and think broadly, expanding the boundaries, and identifying new ways of doing things,” Freeman says. “Boston University prepares its students well in each of these areas.”
Read the full story on BU Today.
Photo: The University offers many resources and services to help students prepare for a global labor market. Above, a career fair organized by the Center for Career Development. Photo by Cydney Scott via BU Today.
The 2012 Financial Times ranking of executive MBA programs around the world has placed Boston University School of Management 1st in New England, and 22nd among US-based EMBA programs.
Globally, BU’s Executive MBA program was ranked 66th. In addition, the School placed 6th among US-based programs in the category of alumni career progress.
Data from alumni questionnaires (including areas such as “salary today” and “aims achieved”) account for 55 percent of the ranking’s weight. These criteria include data collated by Financial Times over the past three years, where available. Data supplied by the school accounts for 35 percent, and faculty research published in particular leading journals account for the final ten percent.
“This ranking is reflective of the high levels of student satisfaction with the the quality and career impact expressed by our alumni,” said Janice Dolnick, EMBA program director. “We are continually evolving our curriculum to keep up with changing business environments. This ensures that our students are receiving the most current and effective management training to date.”
See the full 2012 Financial Times Executive MBA ranking here.
In its recently released 2012 full-time MBA rankings, The Economist placed Boston University School of Management 34th among all US business schools and 55th in the world.
Demonstrating the School’s continued strength in industry relationships, the School of Management placed 1st globally for diversity of recruiters who recruited graduates from the most recent class, and 15th globally for the student rating of jobs secured through a school’s career services.
The Economist ranking of full-time MBA programs was based on an initial selection of 135 leading business schools around the world who were invited to take part in a two-stage survey, which requires input from schools and students/alumni. The rankings used a weighted average of data from 2012 (50%), 2011 (30%) and 2010 (20%).
The rankings included “open new career opportunities” (35%), including assessment of career services and diversity of recruiters; “personal development/education experience” (35%) including faculty and student quality; “increase salary” (20%); and “potential to network” (10%).
For more information, visit http://www.economist.com/whichmba/full-time-mba-ranking
September 14, 2012 – Boston University School of Management’s undergraduate business program placed 40th overall in U.S. News & World Report’s ranking of undergraduate business schools, an improvement of one spot over last year. The ranking is part of the 2013 U.S. News & World Report “Best Colleges” rankings.
The School of Management’s “Best Colleges” ranking is based solely on a peer assessment score from AACSB-accredited schools. Each school in the ranking is rated on a 1-to-5 scale by survey participants.
Overall, the ”Best Colleges” list ranked Boston University 51st in the nation, a three-way tie with George Washington University and Tulane University, out of nearly 1,400 colleges included in the report.
For more information, please visit the U.S. News & World Report “Best Colleges” rankings page.
Boston University School of Management Advances to 15th Nationally in AmericaEconomia’s Global MBA Ranking
May 22, 2012 — Boston University School of Management placed 15th nationally and 29th globally in the 2012 AmericaEconomia global ranking of MBA programs. The annual ranking is based on academic data provided by each school and how attractive each program is to Latin American students who wish to study abroad.
This strong placement reflects continued international recognition of Boston University’s academic programs and global reach. The School of Management is a recognized leader among MBA programs, and attracts students from Latin America and around the world each year. In Spring 2012, 24.7% of the School’s graduate students were international, representing 59 different countries.
The School of Management recently embarked on a comprehensive strategy, focused on impactful research and exceptional teaching, to develop the next generation of leaders who will create value for the world. As part of this new strategy, a number of innovative curricular changes will increase students’ global exposure and ability to critically solve problems that transcend national borders, including more internationally-based cases and options for international experiences.
The AmericaEconomia Global MBA Ranking is based on the following metrics: academic measurements (25%), program selectivity (25%), the strength of the school’s network in Latin America (20%), school prestige among surveyed readers (20%), and program cost (10%).
For more information, please see AmericaEconomía‘s Global MBA Ranking 2012 rankings page (in Spanish).
Boston University’s Custom Executive Education Programs placed 2nd nationally and 5th globally in the 2012 Financial Times ranking of Executive Education Programs, the highest placement in the School’s history. Boston University’s Executive Education Programs are housed in the Executive Leadership Center at the School of Management.
Boston University placed in the top 5 globally in eight of ten subcategories, including Aims Achieved and Value for Money, within a corporate survey of executive education users. The School placed 2nd globally for both Future Use and Teaching Methods & Materials. This survey accounted for 80 percent of the ranking, with the remaining 20 percent determined by school-provided data.
In addition to the strong customized ranking, Boston University’s Open Enrollment Executive Education Programs placed 14th nationally. Schools ranked in both categories (open and custom programs) are placed on the Financial Times list of “Top 50 Executive Education Schools.”
“Our unique approach to executive education combines the very best of the School of Management’s research and teaching faculty in a city that cultivates innovation and academic excellence,” said Elizabeth Nassar, Director of Executive Programs at Boston University. “Our custom programs are designed to meet the specific needs of each and every client and use a variety of teaching methods to create immediate applicability. The use of technology in the classroom offers the ability to access internal and external resources on behalf of our clients. We are so pleased that our clients and Financial Times have acknowledged the value of this approach.”
“We’re thrilled that Boston University’s Executive Education Programs continue to receive increasingly favorable recognition,” said Kenneth W. Freeman, Allen Questrom Professor and Dean of the School of Management. “As the School implements a bold strategic plan pursuing excellence in three industry sectors–healthcare, digital technology, and energy and the environment–we will continue to develop custom curricula that bring value to our participants by addressing the dynamic business environment.”
Companies throughout the world partner with Boston University’s Executive Leadership Center to create custom executive education programs designed to help directly improve the skills of executives, managers, and future leaders. The world-class staff and faculty work with corporate leaders to craft a unique program that suits each client’s needs.
Marketing & Communications Manager
Boston University School of Management
Businessweek ranks school number 18
The School of Management sprinted into the top 20 undergraduate business schools nationally in the latest Bloomberg Businessweek rankings, leaping 13 spots to number 18.
It’s the highest position ever given by the magazine to SMG, which just three years ago placed 43rd, and it marks “a remarkable rise,” says Steven Davidson, the school’s director of learning assessment and research.
Businessweek, which ranked 124 schools nationally, lauded SMG’s academics and cited employers’ growing awareness of its quality.
“They earned top marks in the areas of business students with internships (86 percent) and hours of time spent on class work per week (15.5),” a magazine spokesman says by email. The rankings are based partly on comments from students, who “specifically mentioned the required Core program as a high point, as well as the strength of business faculty,” the spokesman says.
“We are very pleased with the rankings improvement, which recognizes the work of SMG’s team of talented faculty and dedicated staff,” says Kenneth Freeman, Allen Questrom Professor and Dean of SMG. “This represents an important step for the school as we strive to become one of the world’s elite business schools.”
Besides surveying students, the magazine polled 257 employers on the quality of the schools’ graduates, curricula, and career services, says Davidson. It also compared schools on the number of graduates they funnel into top MBA programs and on the starting salaries of graduates.
“It is very satisfying to see the progress of our SMG faculty and staff being recognized by the increased satisfaction of our students and their future employers,” says University President Robert A. Brown.
SMG, celebrating its centennial next year, ranked 37th among MBA programs in the most recent U.S. News & World Report compilation. Its evening MBA program placed first among local Boston schools and 25th nationally, up 7 notches from last year.
By Rich Barlow
Boston University School of Management Advances to 18th in Undergraduate Bloomberg Businessweek Ranking
Academic Quality Advances to 12th
March 22, 2012 – Boston University School of Management placed 18th overall in the Bloomberg Businessweek ranking of United States undergraduate programs, an improvement of 13 positions from last year. This is the highest placement the School has ever received and represents the fourth consecutive year of improvement in the ranking.
The Bloomberg Businessweek ranking is based on the following elements: Student Survey Results (30%); Recruiter Survey Feedback (20%); Academic Quality Measures (30%); MBA Feeder Rank (10%); and Starting Salary (10%).
The strong ranking reflects continuing gains in external recognition of the quality of the School of Management’s undergraduate program and its graduates.
The School’s Academic Quality ranking rose 19 positions to 12th overall, demonstrating the high quality of the most recent entering class and other academic measures.
Graduates of the program enroll in top MBA programs, reflected in a rise in the MBA Feeder rank to 21st, and are highly sought after by employers, represented by an advance of 19 places to 29th in the survey of corporate recruiters.
The School has embarked on a compelling strategy to develop the next generation of leaders that will create value for the world, through impactful research and exceptional teaching. As the School’s centennial year approaches in 2013, a number of innovative curricular changes will be implemented, building on the current distinctive nature of the undergraduate program.
March 13, 2012–Boston University School of Management placed 37th overall in the 2013 U.S. News & World Report ranking of graduate business schools. The ranking is based on overall academic quality of the MBA program, employment success, the academic quality of entering students, and peer and recruiter ratings.
The School of Management’s Professional Evening MBA program was again ranked #1 in Boston, and rose seven positions to place 25th in the nation. Part-time MBA rankings are based on measures of academic quality and peer ratings from business school deans and MBA program directors at each of the nation’s accredited 326 part-time MBA programs.
BU School of Management’s peer assessment scores, which are determined by business school deans and directors, increased for both the graduate school ranking and part-time MBA ranking. This demonstrates external recognition of the School’s focus on research and innovation in teaching.
U.S. News & World Report also republished the Healthcare Management Ranking, where Boston University remained 11th overall.
The School of Management continues to implement a bold strategic plan pursuing excellence in three industry sectors–healthcare, digital technology, and energy and the environment–in addition to the traditional management disciplines.
According to Dean Ken Freeman, focusing on these three sectors will further enhance the School’s capabilities across the core management disciplines (accounting; finance; information systems; marketing; markets, public policy, and law; operations and technology management; organizational behavior; and strategy and innovation). “Our students will gain a comprehensive understanding of the management disciplines and how they interrelate, and working knowledge of the three sectors that are transforming the world. As a result they will be very well informed, highly employable, and ready to make a difference to create immediate value for the world.”