CONTACT: GEORGE MCCRORY
300 Plaza Centre One
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
Release: Oct. 14, 2002
Business Week ranks University of Iowa MBA program among top 50 schools
its 2002 guide to business schools, Business Week ranked the Henry B. Tippie
School of Management's MBA program among the top 50 in the nation.
Business Week ranks the top 30 business schools numerically and lists the
next 20 as a group. The University of Iowa MBA program appeared in the latter
group; it has been in Business Week's top 50 ranking for the past 10 years.
Business Week ranked the schools based on responses from student and recruiter
surveys. Graduates were asked to rate their schools on such issues as teaching
quality, program content, and career placement. Recruiters rated their top
20 schools according to the quality of a B-school's graduates and their company's
experience with MBAs past and present.
"We are pleased to remain in the top 50 of Business Week's 2002 ranking
of the best business schools. We are among some of the best full-time MBA
programs that compete in a very competitive market," said Gary Gaeth,
associate dean of MBA programs in the Tippie School of Management.
The Tippie School of Management's full-time MBA Program has 158 students
from 11 countries and 18 states within the U.S. The students' average Graduate
Management Admissions Test (GMAT) score is 640 and has 3.44 years of work
experience. This fall, 78 students entered the second year of the full-time
program; they will graduate in spring 2003.
The Tippie School has continued to work hard to recruit, retain and support
its MBA students. "We are dedicated to recruiting the best candidates,
adding value to students education and professional development while
at the university, and supporting them as they enter the employment arena,"
Business Week, which has been evaluating business schools since 1988, sent
questionnaires to 16,906 MBA graduates of the class of 2002 at schools across
the world. In addition, Business Week sent surveys to 420 companies that recruit
MBAs. Of those polled, 11,518 students and 219 companies responded. Student
and recruiter survey results are weighted equally. In addition, Business Week
also measured the power and quality of ideas--the intellectual capital--generated
by B-school faculties, tallying academic journal entries from 18 publications.
Business Week also searched The New York Times, The Wall Street Journal, and
Business Week, adding points if a professor's book was reviewed there. The
tallies were adjusted for faculty size, with the final intellectual capital
score accounting for 10 percent of the ranking process.
For more information about the UI MBA program, see http://www.biz.uiowa.edu/mba/
or call (319) 335-1039.