Last modified: Thursday, November 12, 2009
IU Southeast's part-time MBA program ranked ninth nationally
FOR IMMEDIATE RELEASE
November 12, 2009
NEW ALBANY, Ind. -- Indiana University Southeast's part-time MBA program climbed to ninth place in the rankings of part-time MBA programs released by BusinessWeek magazine in its issue dated Nov. 16. A gain of nine spots since the list last appeared, the ranking marks IU Southeast as the third highest ranked part-time MBA program in the Midwest and the only school in Indiana or the Greater Louisville area to achieve a top-10 national ranking from BusinessWeek.
In addition the BusinessWeek survey revealed other areas of distinction including ranking second in the nation for post-MBA outcomes, 20th in the nation in student satisfaction, and third in the nation for small classes. Finally the IU Southeast Part-Time MBA program received the highest possible score of "A " for teaching quality and an "A" for curriculum.
BusinessWeek began ranking part-time MBA programs in 2007. This year the list includes schools accredited by the Association to Advance Collegiate Schools of Business (AACSB). IU Southeast's MBA program has made BusinessWeek's list in both 2007 and 2009, the only two years rankings were released.
"We are extremely pleased to have been recognized as a top-tier business program by BusinessWeek and even more pleased to see that we've moved up from 18th to ninth in the nation," said Jay White, dean of the School of Business. "Our Part-Time MBA program is ranked among the most elite business schools in the country. Although the pursuit of rankings is not an explicit goal of the School of Business, we recognize that such rankings provide validation to the quality of our programs and are an important factor for potential students, alumni and the businesses that hire our graduates."
According to BusinessWeek, rankings are based primarily on three measures. First, a student survey was sent to 12,414 part-time MBA students at 99 different programs to measure student satisfaction. Next, the academic quality was scored, including six equally weighted measures: average GMAT score, average work experience, the percentage of all teachers in the part-time MBA program who are tenured faculty, average class size in core business classes, the number of business electives available to part-time MBA students, and the program's completion rate. A third measure of post-MBA outcomes was based on the percentage of survey respondents who say their program was "completely" responsible for them achieving their goals.
To view the BusinessWeek rankings, visit: http://www.businessweek.com/bschools/rankings