CONTACT: SHAWN PRESLEY
100 Old Public Library
Iowa City IA 52242
(319) 384-0011; fax (319) 384-0024
University of Iowa MBA program ranked by Business Week
IOWA CITY, Iowa -- The University of Iowa College of Business Administration's
MBA program was named to the list of the country's best programs by the
Fifth Edition of Business Week's Guide to the Best Business Schools. The
UI's program is included in the runners-up section that alphabetically
lists the schools that placed 26 through 50. The top 25 schools are ranked
The rankings are based on surveys of graduates and corporate recruiters.
In addition, hundreds of students, alumni, recruiters, faculty members
and deans were interviewed to determine the strengths and weaknesses of
each school. Business Week calls its biennial ranking of schools a "customer
satisfaction report." In effect, the survey measures how well the
schools are serving their two customers -- the students and their ultimate
The guide profiles the runners-up schools as a group that provide the
same quality of education as more prestigious schools and in some cases,
may even exceed the top programs in niche areas. The biggest difference
is the breadth and number of quality programs.
In contrast to the U.S. News and World Report rankings, Business Week
does not include statistics on admissions and placement data; nor does
it include average GMAT scores and starting salaries of MBAs provided to
the magazine by the schools.
Business Week calls the UI's Business School a "well-kept secret
except to those who read scholarly journals." The guide continues
by saying that the word is slowly slipping out about the school's solid
reputation and praises the school for making tremendous strides in integrating
subject matter across classes.
The guidebook is an outgrowth of Business Week's rankings--begun in
1988--of the best business schools.