Boston University School of Management Ranked in Top Thirty by The Financial Times

in Business, News Releases, School of Management
January 25th, 2005

Contact: Tom Testa, 617/353-2240 | ttesta@bu.edu
Contact: George Flett, 617-358-0234 | gflett@bu.edu

(Boston) – The School of Management (SMG) at Boston University today announced that it has been listed among America’s top 30 business schools in The Financial Times 2005 annual ranking of business schools.

Ranked 27th, Boston University School of Management was the fourth fastest rising school among those in the top 30, moving up 16 places in one year. Additionally, the 93 percent job placement rate of the School’s MS•MBA graduates, who constitute close to 50 percent of its MBA graduates, ranked fourth among U.S. business schools. This recognition comes just months after BusinessWeek placed SMG in its top 50 and The Wall Street Journal ranked the School’s information systems offerings among the top 10 in America.

Its one-of-a-kind MS•MBA program is propelling the School’s reputation. This unique approach to business education enables highly motivated graduate students to earn both a traditional Master of Business Administration degree with a concentration in one of the various business disciplines, as well as a Master of Science in Information Systems. Importantly, in this intensive, integrated program, the two degrees can be earned in the same 21-month period normally required to earn a full-time MBA. The MS•MBA focuses on helping future business leaders bridge technology and business. The strength of the program also draws upon the School’s Information Systems department, recognized by MIS Quarterly as one of the ten best departments in the U.S.

“Our rapid rise in the rankings reflects the special strengths of this business school,” said Louis E. Lataif, dean of the School of Management at Boston University. “We teach management as an integrated system, fostering leadership and academic growth through teaming, and fusing business and the technology that transforms it. These strengths are in growing demand among our alumni and the companies which hire them. The job placement success of our MS•MBA graduates in particular points to the demand for business leaders trained in this way.”

Mark Michaud, a second-year MS•MBA student at SMG said, “When I applied to business school, I was in consumer products advertising and marketing, and wanted to pursue an MBA with a tech emphasis. Most of the ‘top 10’ schools, however, didn’t put any emphasis on the integration of business and technology. This degree has been excellent, and is giving me a leg up. Many traditional marketing people don’t understand the limitations or cost-savings of technology, and many are intimidated by software. But if, for example, you can understand the value of RFID logistics management technology, you can then understand how it impacts other dimensions of the company such as distribution and customer service. That’s a plus. It simply makes you a more effective business executive.”

“Traditionally, we have recruited from the top MBA programs, looking for business school students who have a keen interest in technology,” says Justin Sowers, Director, Global Technology Division at Pfizer (NYSE: PFE). “Yet when they get to us, we usually have had to strengthen one side of the equation. That’s not the case with MS•MBA students from Boston University. As participants in this unique dual degree program, their approach to issues of business – management, operations, finance, etc. – leverages the best uses of technology to get better business results.”

About The Financial Times’ 2005 Business School Rankings

The Financial Times MBA ranking evaluates full-time Masters in Business Administration programs from the world’s top business schools and offers a comprehensive evaluation of the qualification and an insight into these business schools. This year sees the seventh FT MBA ranking. As in previous years, the number of alumni respondents has increased, this year to 7,900, about 35 percent of the eligible alumni. Data for this ranking was compiled from two main sources – from the business schools and also from their alumni who graduated three years ago. Therefore, the data is a collection of two respective sets of questionnaires. Furthermore, an independent research firm conducted the assessment. The data obtained and criteria used in these rankings comes from three main areas: the alumni’s career development and purchasing power; the diversity of the school and its program and each school’s research capabilities.

About Boston University School of Management

Founded as the College of Business Administration in 1913, Boston University School of Management develops leaders and builders for the networked-era, emphasizing management as a system of interdependent functions, decisions, people, and technologies. It is the only business school in the world offering the unique MS•MBA, a dual degree, next-generation MBA fusing a traditional management curriculum with expertise in the information technologies that are transforming companies today. The School’s other offerings include undergraduate degrees in business administration; full- and part-time MBA and Executive MBA programs; a Master of Science program in Investment Management; a Doctoral program; International Management programs; and executive education.

The School of Management at Boston University is located at 595 Commonwealth Avenue, Boston, MA 02215. For more information, visit http://management.bu.edu.

ADDITIONAL CONTACT INFORMATION:

Dennis O’Connor
Peter Arnold Associates
(781) 239-1030; cell: (781) 883-5109
doconnor@parnold.com

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