Simon Moves Up on Forbes Best Business Schools List
The Simon Graduate School of Business at the University of Rochester is again ranked among the best business schools by Forbes magazine. Simon is ranked 32nd, up five places from 37th in 2009 (and up from 41st in 2007) in Forbes’ seventh biennial ranking of top U.S. business schools. Simon is also listed among the “Biggest Winners in the 2011 Forbes Best B-School Ranking” on Poets&Quants.com. For the full story, click here.
Forbes’ ranking of MBA programs focuses on the return on investment graduates of the Class of 2006 received by attending business school. Forbes compared respondents’ earnings increase in the first five years after graduation to their opportunity cost (two years of forgone compensation, tuition and required fees). Simon improved in the key categories of total five-year MBA gain (the difference between the gain in earnings and the opportunity cost of earning the MBA which was $64,000 in 2011 versus $27,000 in 2009) and five-year MBA gain as a percentage of expenses (44 percent in 2011 versus 17 percent in 2009). Simon also decreased the number of years to payback (3.6 years in 2011 versus 4.4 years in 2009). The magazine surveyed 16,000 alumni from more than 100 business schools. For the full list, click here. For more on Forbes’ methodology, click here.
“We already have made pivotal changes in our Career Management Center and other changes are in the works (based on, among other things, feedback provided by our students and alumni) in terms of curriculum, admissions, and marketing that should stand our School and its graduates in good stead over the years to come,” says Dean Mark Zupan. “Our ultimate goal and best measure of our efforts is the success of our graduates. That is at the heart of what we do and will serve as a beacon for our efforts going forward.”
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