Last modified: Monday, May 11, 2009
IU Kelley School's executive education programs ranked 11th nationally by 'Financial Times'
FOR IMMEDIATE RELEASE
May 11, 2009
BLOOMINGTON, Ind. -- Indiana University's Kelley School of Business remains one of the top-rated executive education providers worldwide, as ranked by The Financial Times today (May 11) in its annual survey of international non-degree programs.
Of the 65 business schools ranked worldwide -- including 43 schools from outside the United States -- the Kelley School was ranked fourth among U.S. public institutions, 11th nationally and 26th overall.
In a field dominated by business schools from across Europe, Asia, South America and North America, the only other Indiana school ranked was the University of Notre Dame, which was ranked 56th.
John F. Cady, executive director of Kelley Executive Partners, was pleased with the results given the highly competitive nature among providers of executive education worldwide.
"Executive education has become increasingly globally competitive, particularly in the current economic environment," Cady said. "Once again, only 22 U.S. universities even made the cut of the top 65 ranked by the FT.
"We have added capabilities to help our corporate clients meet their management and executive development needs efficiently and effectively, using faculty and resources from across IU. We have also expanded our international reach to work with executives in corporations based outside of the U.S.," Cady added.
"The commitment of the Kelley School to executive education and the quality of our faculty ensures that we will continue to be among the top ranked university executive education providers in the world."
The rankings are compiled from responses to two sets of questionnaires. The first is a client survey, compiled from telephone interviews of the top corporate executive education purchasers. The other is a survey of statistical data completed by the business schools. The data from the client questionnaire accounts for 80 percent of the school's final score.
The Kelley School was ranked in the top 25 in the world in seven categories. Its faculty and quality of their teaching was ranked 15th best. It was ranked 11th in future use, a measure that companies would use the same business school again; 23rd for preparation; fifth in follow-up; 22rd in program design and 25th in new skills and learning.
Among public universities, Kelley was ranked among the top five in each of the same categories.
"Having a direct impact on business practice is an important component of our mission," said Dan Smith, dean of the Kelley School. "Our customized executive development programs achieve this aim by leveraging our competency in the development of sustainable value-added partnerships with global companies. The Financial Times rankings are important in that they suggest that the clients we serve indeed view us as among the world's best at meeting their talent development needs."
The Kelley School has been a leader in custom-designed executive education since 1968, when it established its first educational partnership to link program content with the strategic business objectives of firms. Kelley Executive Partners' custom product line has grown extensively in scope and variety as it works closely with its clients. The value of these programs is measured not only inside the classroom in terms of innovative learning environments, but outside the classroom in terms of improved organizational performance, breakthrough thinking and business results.
The Financial Times rankings follow recent recognition by Business Week magazine for other Kelley School programs. Kelley's full-time MBA program rose to 15th in the magazine's latest rankings. The Financial Times earlier this year also ranked marketing programs in Kelley's full-time MBA program as second best worldwide and its statistics curricula seventh.