Last modified: Thursday, November 15, 2012
IU Kelley School’s MBA program leaps four spots to 15th in Bloomberg Businessweek’s rankings
Students rank Kelley No. 1 in three important qualitative categories
FOR IMMEDIATE RELEASE
Nov. 15, 2012
BLOOMINGTON, Ind. -- Indiana University's Kelley School of Business rose four spots in Bloomberg Businessweek's latest survey of MBA programs to 15th overall, bucking a trend of downward movement among other schools in the Big Ten.
The Kelley School also received three No. 1 rankings in student surveys released in the days leading to today's rankings.
In Bloomberg Businessweek's 2012 surveys of MBA graduates at more than 100 business schools in the United States, Europe and Asia, Kelley came in first in career services, teaching quality and student satisfaction, three aspects that Interim Dean Idalene Kesner noted are crucial to Kelley's success now and in the future.
Kelley's MBA program also was ranked eighth internationally in terms of job offer rates for graduates -- 95 percent of whom had job offers within 90 days after graduation.
So it should come as no surprise that Kelley ranked first overall in the student survey results released today.
"We're delighted to climb in the Bloomberg Businessweek rankings. Most important to us are our No. 1 rankings in student satisfaction, career services and teaching," said Jonlee Andrews, chair of Kelley's MBA Program and professor of marketing. "This reflects the fact that faculty, staff and students work together as a team to create great outcomes for our students."
Kelley also was one of only five schools in the 63 ranked to receive "A plus" grades across the board for career services, teaching quality, critical thinking, leadership skills and caliber of classmates.
Bloomberg Businessweek noted in its accompanying report, "With applications down and graduate salaries flat, the MBA is facing big challenges. But high-quality programs, like those in our 2012 ranking, continue to fetch a job-market premium."
The ranking is based on surveys of graduating students and corporate recruiters. The magazine ranked Kelley third in the Big Ten and fourth among all public institutions. Thirteen of the top 20 schools -- and eight of the top 10 -- were private institutions.
"For many years, Kelley has been thought of as a hidden gem among business schools," said Kesner, also the Frank P. Popoff Chair of Strategic Management. "These rankings will serve to take the 'hidden' out of that phrase. I sincerely believe the Kelley culture of collaboration is like no other, and the success of our graduates and the eagerness of recruiters to hire at Kelley is proof of that."
Kelley is unique in that both its MBA and undergraduate programs have been ranked consistently among Bloomberg Businessweek's Top 20 since the magazine (previously known as Business Week) first began ranking MBA programs in 1988.
The rankings first were reported in a live Web chat and published online today. The magazine will be available on newsstands Friday.
Every other year, the magazine surveys graduates from 114 top business schools and recruiters from more than 500 companies. Student satisfaction counted for 45 percent of the final ranking, while recruiter surveys contributed an additional 45 percent, and a review of faculty research added the final 10 percent.