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BusinesWeek magazine has moved IU’s Kelley School of Business in Bloomington to No. 18 in its rankings of master of business administration programs. The cover story appeared in the Oct. 18 issue.
Kelley’s MBA program in Bloomington has been in the magazine’s top 20 seven of the eight times that the magazine has ranked MBA programs since 1988. The magazine ranks MBA programs every two years. The Kelley School was ranked 20th in 2000 and 2002.
The magazine also ranked the school’s marketing program eighth and its finance program 10th.
In comments accompanying the Kelley School’s listing, the magazine reported that overall graduate and corporate rankings moved upward.
“Core faculty earn an A from Kelley grads in a year when most MBAs grumble about poor teaching quality,” the magazine reported. The school also earned an A in communication from recruiters and an A from students for teaching quality.
Kelley School “focus academies,” which offer students an opportunity to specialize in areas such as investment banking and health care, also were recognized in a separate article, “Is the Focus Too Fine.”
In its lead article, BusinessWeek reported that corporate recruiters, “who have long grumbled about MBAs who can’t hit the ground running, now say MBAs are making a contribution from the get-go.” One reason for this, the article said, is that “schools have become more innovative, adopting hands-on learning techniques designed to give them a taste of the business world they’re about to inhabit.”
Daniel Smith, interim dean of the Kelley School, indicated that its academy programs are an example of the advances highlighted in the report. “
The Kelley MBA Program has long been and continues to be one of the most innovative and fundamentally sound programs in the nation,” he said.
Idalene Kesner, chair of the MBA program, also was pleased that BusinessWeek recognized the quality of the school’s offerings.
“We are especially pleased since this recognition comes just a few weeks after having received the No. 1 ranking by the Princeton Review for best-quality MBA teaching,” Kesner said.
The Kelley program was one of three business programs in Indiana to be recognized by BusinessWeek.
Purdue University’s Krannert School of Business was 21st in the survey, and the University of Notre Dame’s Mendoza College of Business was ranked 24th.
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