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University of Iowa News Release

Jan. 26, 2004

Financial Times Ranks UI MBA Program Among Top In The World

The Financial Times of London has ranked the Tippie School of Management at the University of Iowa 49th among the top full-time MBA programs in the world.

Published Jan. 26, the rankings highlight the top 100 schools among the 1,500 MBA programs in the world. The Tippie School's rank placed it 33rd among U.S. programs and 13th among programs at public U.S. universities.

The rankings of each school were determined by its performance in three broad areas: career progress of graduates, the diversity of the MBA experience and the generation of new ideas through academic and business research.

On average, graduates of the UI program earn a 172 percent salary increase from the start of an MBA to three years after graduation, according to Gary Gaeth, associate dean of MBA programs in the Tippie School of Management.

"The Financial Times is quite influential in both the U.S. and the international marketplaces, which is important to us as we work to increase the value of the Tippie MBA program worldwide," he said.

Gaeth added the ranking also reflects well on the placement efforts of the MBA Career Services staff at the UI. The Financial Times survey placed the Tippie School in the top tier in terms of placement success.

"I'm particularly proud of the long-term performance of our graduates. We are successful because we recruit great students and because we have great faculty and staff delivering a high quality program," he said. "I'm delighted to see the Tippie MBA program continue to achieve a world-wide ranking take its place many other top-ranked professional programs at the University of Iowa."

Information about the rankings is available on the Financial Times website at http://ftcareerpoint.ft.com/BusinessEducation.

In Iowa, the Tippie School of Management offers three MBA programs designed to enhance professional education: a Full-time MBA; the Evening MBA for part-time students in Des Moines, Newton, Cedar Rapids and the Quad Cities; and the Executive MBA, with programs in Iowa City and Des Moines. The Tippie School also offers a Dual Master's Degree Program for engineers, in conjunction with Iowa State University, and an International Executive MBA program in Hong Kong. The Tippie College of Business, accredited by the Association to Advance Collegiate Schools of Business (AACSB), is consistently ranked among the top business schools in the world. It provides instruction in a personalized setting with easy access to qualified faculty and staff, and its programs utilize the latest technology to ensure that students receive a comprehensive management education that will help them succeed in today's competitive world.

For more information about the Tippie School of Management and its programs, call 319-335-1039 or visit its website at http://www.biz.uiowa.edu/mba/.

STORY SOURCE: University News Service, 300 Plaza Centre One, Iowa City, Iowa 52242-2500

MEDIA CONTACT: George McCrory, 319-384-0012, mailto:george-mccrory@uiowa.edu