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School of Management ranks in Financial Times top 30
By David J. Craig
The School of Management was rated America’s 27th best business school by London’s Financial Times, which published its 2005 ranking of full-time MBA programs on January 24. Ranked 44th internationally, SMG was the fourth fastest rising school in the U.S. top 30, moving up 16 places from last year’s Financial Times showing.
“Our rapid rise in the rankings reflects the special strengths of this business school,” says SMG Dean Louis E. Lataif (SMG’61, Hon.’90). “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 that hire them. The job placement success of our MS•MBA graduates, in particular, points to the demand for business leaders trained in this way.”
SMG’s intensive 21-month MS•MBA program, through which graduate students earn a traditional master of business administration degree in addition to a master of science in information systems, boasts a 93 percent job placement rate for alumni just three months out of school; the job placement rate for all SMG graduates is about 89 percent. The program trains students to bridge technology and business issues and is widely regarded as having boosted SMG’s reputation and competitiveness. Business Week placed SMG in its top 50 business schools last year and the Wall Street Journal ranked the school’s information systems offerings among the 10 best in America.
“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 of the Global Technology Division at Pfizer. “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. . . . Their approach to issues of business — management, operations, finance — leverages the best uses of technology to get better business results.”
The Financial Times MBA ranking is based on a comprehensive evaluation of data collected from business schools and alumni and considers heavily the earning power of recent graduates. The business school alumni surveyed graduated in 2001 and reported salaries significantly higher than last year, “reversing a trend of the past two years, which saw an overall drop in salaries reported by alumni from the top 100 global business schools,” according to the Financial Times. Graduates of the top 30 U.S. schools earn an average of $122,732. Harvard University, the University of Pennsylvania’s Wharton School, and Columbia University received the highest rankings.
To view the Financial Times ranking, visit http://rankings.ft.com/rankings/mba/rankings.html.
28
January 2005
Boston University
Office of University Relations