Last modified: Monday, May 14, 2012
Financial Times ranks IU Kelley School of Business' executive education program among world's leaders
FOR IMMEDIATE RELEASE
May 14, 2012
BLOOMINGTON, Ind. -- Kelley Executive Partners, the custom executive education arm of Indiana University's Kelley School of Business, has been ranked among the world's best by the Financial Times in its annual survey of custom executive education providers.
Custom executive education focuses on the development and delivery of management education programs for corporations in the United States and abroad.
In this market, IU's Kelley School provides custom programs for Indiana-based global corporations including Cummins, Eli Lilly, Cook Medical, Hill-Rom, Zimmer, Bemis Polyethylene Packaging, Elanco and Deaconess Health System, as well as corporations based in other states and abroad.
The global dimension of competition among business schools in the custom market was evident from the survey. Financial Times Editor Della Bradshaw noted in previous surveys that, "there is just one message to come out of the recession about business school executive development programs: it is a buyer's market and the customer is king."
Of the more than 6,000 business schools around the globe, only the top 70 were ranked for their custom programs by the Financial Times, and of those, 53 are based outside the U.S. Kelley Executive Partners was ranked 34th in the world, 13th among U.S. business schools, third among all public universities and first in the Big 10.
Corporate clients rated Kelley highly for its teaching methods, facilities, follow-up and overall value for money. Also contributing to its global ranking was the diversity of Kelley's faculty, its international client base and its overseas programs.
"The strategic vision of the Kelley School is to be recognized as being among the world's most important business schools," said Dan Smith, dean of the Kelley School. "We are proud that some of the most prominent companies in the world turn to the Kelley School for the knowledge and skills that will help them compete more effectively in the global marketplace.
"We track a wide range of internal metrics that suggest we are indeed having a positive impact on the performance of these companies," Smith added. "We see the Financial Times ranking as confirmation that we are indeed among the best in the world at providing custom-designed executive education programs."
John Cady, Kelley Executive Partners executive director, echoed those comments: "Kelley has been among the leaders in business education precisely because it has focused on helping its corporate clients achieve their business as well as their learning outcomes through executive education.
"Through its work with our corporate partners, Kelley ensures that its undergraduate and graduate students are exposed to the knowledge and business practices that allow them to make important contributions to their employers and society at large," Cady added.