SMG Leaps Forward in Financial Times Rankings
MBA program named 29th in the U.S., 57th in the world
The Boston University School of Management has jumped ahead in the MBA program rankings of the Financial Times, advancing 20 slots from last year’s position to number 29 in the United States. The London-based financial newspaper, which publishes an annual ranking of the top 100 business schools in the world, also boosted SMG’s international standing 27 places, from number 84 to number 57.
Louis Lataif (SMG’61, Hon.’90), the school’s Allen Questrom Professor and Dean, says the school’s distinctive approach to business education is attracting top students and top recruiters.
“Our approach to fusing the art, science, and technology of business uniquely prepares effective builders and leaders,” says Lataif. “We see that in the growing number of recruiters who seek out our graduates.”
The Financial Times cited significant improvement at SMG in several criteria, including a 7.45 percent increase in its salary category (a calculation of percentage increase in graduates’ salary from the beginning of the MBA to three years after graduation) and a 29 percent increase in international mobility, which analyzes the employment movement of recent graduates. The paper also upgraded SMG’s scores for value for money (a comparison of costs of education and salary), aims achieved (the extent to which alumni fulfill their goals), and job-placement success, as well as the percentages of women students, international faculty, international students, and faculty with doctorates.
Catherine Ahlgren, assistant dean for career services at SMG, says that 95 percent of the MBA class of 2008 had job offers within three months of graduation and received salary offers 10 percent higher than the national average.
“Once recruiters hire one of our students,” Ahlgren says, “they inevitably return for more.”
The Financial Times top-ranked MBA program in the United States is the Wharton School at the University of Pennsylvania, followed by Harvard Business School and Columbia Business School. The paper’s international rankings put Wharton on top, followed by London Business School and Harvard Business School.
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