BusinessWeek ranks Broad School MBA tops in ROI
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| Speier |
The Eli Broad Graduate School of Management’s Full-Time MBA program was recently rated the top school in the United States in return on investment, according to BusinessWeek’s 2008 bi-annual b-schools survey, with just 3.27 years to payback.
The Broad School also ranked 29th in recruiter satisfaction and 33rd in each of the other two ranked categories that comprise the overall score (student satisfaction and intellectual capital). Unfortunately, the school very narrowly missed the overall Top-30 cut-off and was placed among the 15 Second Tier schools. (For the full 2008 survey results, visit www.businessweek.com.)
"Clearly, our students believe they made a smart business decision when they chose the Broad School for their MBA, based on quality and price," says Broad School Associate Dean for MBA Programs Cheri Speier. "However, rankings published by the mainstream magazines should only be important as one of several reference points to help us continuously improve."
Second Tier status places the Broad School above the 90th percentile of all AACSB-accredited business programs nationwide. Only 513 of the nation’s thousands of business schools have achieved accreditation from the most demanding accreditation board, the Association to Advance Collegiate Schools of Business (AACSB).
The Broad School MBA is valuable in many ways. Recruiters say faculty and staff excel at helping MBA students develop their soft skills: the ability to work in teams, communicate professionally and understand cultural differences.
The program also focuses on developing each student’s ability to implement what he or she is learning in the real world through activities such as unique case competitions, and students who come from all over the world create a diverse community that shares a learning culture and creates a lifelong alumni network that spans the globe.
The Class of 2010 is one of the largest classes to enter the program and also has one of the highest GMAT averages in the program’s history. In addition, the school’s employment rate continues to be above 90 percent, and 2008 graduates received offers from the best companies in diverse industries.