CONTACT: GEORGE MCCRORY
300 Plaza Centre One
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
Release: Oct. 11, 2002
Economist magazine ranks UI MBA program 35th in new global ranking
In its new global ranking, the Economist magazine ranked the University
of Iowa's MBA program 35th among the 100 best full-time MBA programs worldwide.
The UI Henry B. Tippie School of Management's MBA program ranked 25th among
those offered in the United States and is ranked among the top 10 public U.S.
universities. Through its annual publication "Which MBA?" the Economist
Intelligence Unit has been surveying the views of MBA students for 14 years,
but this is the first year it has compiled a numerical ranking.
"I'm always pleased when we do well in the various MBA rankings. These
rankings are important to recruiting efforts and student and alumni morale,
and they provide positive pressure to develop our programs," said Gary
Fethke, dean of the Henry B. Tippie College of Business.
In addition to data using on job placement, admissions standards and alumni
networks supplied by the schools in the ranking, the Economist asked 18,225
MBA students and alumni to give qualitative assessments of MBA programs. The
ranking surveyed each program's ability to provide its graduates with new
career opportunities; foster personal development and educational experience;
and to increase their salaries.
Gary Gaeth, associate dean of MBA programs in the Tippie School of Management,
said the Tippie MBA program staff has been working hard to improve in the
many areas emphasized by the Economist's ranking system. Therefore, the program
fared well, excelling in all areas, and fitting well with the Economist's
emphasis on helping students make decisions about executive education.
"The Economist rankings are very 'student-centric' and measure how
MBA programs meet student expectations. We have worked very hard to develop
a positive academic and professional environment in the program, and the positive
effects of that effort are reflected in these rankings,"
Gaeth added that the Tippie School also has refined its job placement function
for its students. The Tippie School of Management Career Services staff "broker"
job opportunities for MBAs, matching student skills with employer needs. The
MBA Career Services Office staff has developed strong relationships with employers,
and they are continually working with Tippie College alumni to develop more
job placement connections.
The quality of UI MBA students is also excellent, because of the School's
high admission selectivity measures, a combination of Graduate Management
Admission Test (GMAT) scores and work experience. Tippie MBAs work in teams,
and they benefit from interacting with a diverse group of international students,
also important measures in the Economist ranking, Gaeth added.
"Being a relatively small program, Iowa MBAs benefit from a high ratio
of faculty and staff to students. We are able to work with students in a personal
setting at the University of Iowa," he said.
For more information about the Tippie School of Management and its programs,
call (319) 335-1039 or see its website at http://www.biz.uiowa.edu/mba.