KNOXVILLE — The full-time MBA program at the University of Tennessee, Knoxville, is one of the nation’s best, according to Bloomberg Businessweek’s just-released biennial ranking of U.S. full-time MBA programs. UT’s program ranked # 59 in the nation and #26 among U.S. public universities.
“The Businessweek ranking recognizes the overall quality of our full time MBA program and reflects the program’s contribution to the university’s goal of becoming a top-25 institution,” says Annette L. Ranft, associate dean for academic programs in the University of Tennessee, Knoxville, College of Business Administration.
Bloomberg Businessweek recognized the program’s ability to assess a student’s overall professional promise. Vetting a unique and customized admissions process, the program considers student strengths—such as academic record, career history, and professional maturity—in addition to standardized test scores. As a result, the program received a special mention as one of only four schools in the country to be recognized as a “Good School if you Didn’t Ace the GMAT.”
The 24-year-old Bloomberg Businessweek ranking evaluated 82 schools globally. The top 30 U.S. schools and top 10 international programs will be highlighted in the November 19-25 print issue of Bloomberg Businessweek, and the complete ranking of full-time MBA programs can be found at http://www.businessweek.com/bschools/rankings/.
“We are honored to be recognized by Bloomberg Businessweek as having one the finest MBA programs in the country,” said Jan Williams, dean of the University of Tennessee, Knoxville, College of Business Administration. “The UT MBA program is designed for students who want to develop their careers in areas that are valued by industry, such as business analytics, entrepreneurship and innovation, finance, shopper marketing, and supply chain management. Rankings such as this one reinforce that our students and employers are confident in our ability to graduate individuals with the skillsets that students want and employers need.”
The Bloomberg Businessweek ranking is based on three elements: a survey of 18,640 newly minted MBAs at 114 business schools, a poll of 566 corporate recruiters, and an evaluation of faculty research output. The MBA survey, which measures satisfaction with all aspects of the business school experience, is combined with two previous MBA surveys. The corporate poll, which asks recruiters to identify the schools that produce the best graduates, is also combined with two previous recruiter surveys. Finally, Bloomberg Businessweek tallies the number of articles published by each school’s faculty in 20 top journals and reviews of their books in three national publications. The total for faculty size is then adjusted and an intellectual-capital rating is assigned for each school. The MBA surveys and the recruiter polls each contribute 45 percent to the final ranking, with the intellectual-capital ranking contributing the final 10 percent.