5% Gain Expected in Undergrad Placement; 6% Salary Gain for MBA Grads.
The Boston University School of Management Feld Career Center (FCC) announced continued strong employment numbers for the full-time MBA and undergraduate classes of 2011.
Jim O’Neill, Assistant Dean for the FCC, is cautiously optimistic about the economy. He reports that “87% of our full-time MBA students were employed within three months after graduation. We are seeing signs of an improving economy as more companies are visiting campus and are posting positions on our MBA CareerLink system.”
The average base salary, signing bonus, and other compensation of those responding this year totaled $102,006 (a 6% increase over the 2010 MBA class).
“Each year, the career center staff and I endeavor to exceed 90%, consistent with the placement rates of other top tier schools.”
The undergraduate news is excellent as well, O’Neill added. “We’re in the process of finalizing the undergrad employment stats which are the highest they have been in years. It appears that we will be at the 90% employment mark, 5% better than last year.”
NOTE: BU School of Management reports employment and salary data in compliance with the MBA Career Services Council Board requirements for dissemination to media that publish business school rankings.
Boston University School of Management has been ranked 30th in the US and 49th globally by The Economist in the 2011 Full Time MBA Ranking, an annual survey of full-time MBA programs.
The ranking is based on four factors that the Economist Intelligence Unit identifies as the primary reasons students pursue an MBA: to open new career opportunities (weighted at 35 percent); for personal development and educational experience (35 percent); to increase salary (20 percent); and to build a professional network (10 percent).
Landing the 4th position in the Diversity of Recruiters category, the School of Management’s ongoing relationship with a varied recruiter base continues to be a differentiator. Boston University also ranked 22nd in Student Diversity and 24th in Breadth of Alumni Network.
According to the 2011 Forbes Best Business School Rankings, Boston University School of Management alumni reported a $15,000 increase in their current post MBA salary to $116,000 since 2009, the last time the ranking was released. Overall, Boston University placed 61st.
This is Forbes seventh biennial ranking of business schools and is based on the return on investment achieved by the graduates from the class of 2006. The methodology uses alumni pre and post MBA salary, salary progression, cost of the MBA, and income lost while completing the MBA. All data is gathered through a survey of 16,000 alumni at more than 100 schools.
Read the complete ranking here.
Boston University’s Executive MBA Program has been ranked 20th globally and #1 in New England according to The Wall Street Journal’s 2010 survey of top EMBA Programs.
The 2010 Wall Street Journal ranking of Executive MBA programs was compiled by surveying thousands of students and hundreds of companies about the quality of EMBA programs and how well they deliver on improving management and leadership skills.
” The ‘real world’ experience of the professors was evident. Their advice and guidance is consistent with the current business world.”
–Recent EMBA Alumnus
The Wall Street Journal’s Executive MBA rankings are based on three components: a survey of recent EMBA graduates (BU placed 14th), a survey of companies familiar with EMBA programs (BU placed 27th), and surveys of recent graduates and companies to determine how well schools impart crucial management and leadership skills (BU placed 18th). The BU EMBA program placed in the top third of reported survey elements, including Program Quality, Faculty Quality, Classmate Quality, and Immediately Applicable Coursework. The BU EMBA program also had the sixth lowest total program cost overall and the lowest tuition of all U.S. private universities listed.
“We are proud to offer a very high quality, economical Executive MBA Program for our students, and heartened by the satisfaction of our EMBA alumni,” said Kenneth W. Freeman, Allen Questrom Professor and Dean of Boston University School of Management.
“Students are able to provide immediate value to their organizations by being exposed to a rich management curriculum specifically designed for executives, while gaining perspective from classmates in diverse industries,” said Janice Dolnick, Director of BU’s Executive MBA Program.
For additional information about the BU Executive MBA Program, please visit www.discoverBUEMBA.com.
Full coverage of The Wall Street Journal’s EMBA Rankings can be found here.
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