Krannert ranks near top
of business school
poll
Ian Clift
Staff writer
The Krannert Graduate School of Management's Masters
of Business Administration Program was ranked No. 6 internationally,
beating out Harvard University, among others, in a Wall Street Journal-Harris
poll of 244 national and international business schools.
This was the first time the poll was conducted
and Chuck Johnson, director of professional master's degree programs
for the Krannert School of Management, expects an increase in interested
applicants to the school and in industry recruiters looking for prospective
employees. But how the standing works out in the final analysis is hard
to figure, said Johnson.
The poll focused on the opinions of corporate recruiters
with hopes of determining which schools have the most marketable graduates.
Tim Newton, director of external relations and
communication at the Krannert School of Management, said, "Recruiters
are basically the customers of students at the business school. Certainly
rankings are important in what we do."
Dartmouth College's Tuck School of Business was
ranked No. 1 in the survey. Among public universities, the University
of Michigan was ranked No. 1, Purdue was ranked No. 2. Indiana University's
Kelly School was ranked 23rd overall and 10th in public schools.
About 150 students will graduate from Krannert's
MBA program on Friday. Most of them have already completed their search
for jobs, but future students in the program are expected to benefit
from the school's ranking.
Most students in the MBA program are between 27
and 29 years of age, with four or five years of work experience, many
in the field of science or engineering. Johnson said that job opportunities
for students are often affected by the experience they bring with their
Krannert degree.
Many students will go into jobs as operations supervisors
and project managers as well as to jobs in human resources and counseling.
"A lot will go six months in one location and move on to another one
in one to two years," said Johnson.
The ranking should improve interest in the program
from both job recruiters and students but Johnson does not see a rise
in target class size in the near future. Many of the top schools had
fewer than 500 students and with a current program size of 271 students,
the Krannert program may have been helped by its small size.
Newton said, "Getting to the top is tough, but
it's even harder to stay there." He believes the ranking is a boost
for the school.
Johnson believes that the ranking reflects the
quality of students and programs at Krannert. "We're excited about this.
It's time to get back to work and continue doing the work that got us
this recognition."
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