Tag: rankings

Olin’s executive education programs, spanning the Midwest and the nation’s capital through WashU programming at the Brookings Institution, placed 12th nationally and 32nd in the world in a new Financial Times ranking released Sunday night.

Olin also ranked fourth in the nation in the percentage of women participating in executive education programs, with 47 percent female participation. Olin’s programs also placed highly in terms of program growth, ranking 11th globally and third in the nation. The Times based that metric on revenue growth in open programs as well as growth in revenues from repeat business.

“We help develop business executives at over 150 companies across the nation, amounting to more than 2,000 leaders every year,” said Samuel Chun, assistant dean of executive education and professor of management practice. “We’re gratified that the Financial Times rankings recognizes this, and we’ll strive to increase our reach and impact.”

Olin provides a wide variety of “open enrollment” executive education programs on the St. Louis campus, on topics ranging from marketing strategy and motivating people to emotional intelligence and finance for non-financial managers. The program also encompasses courses through the Brookings Executive Education program, where participants can take courses in leadership, strategic thinking, and leading change, among others.

Olin Executive Education designs content to allow leaders to apply what they’ve learned immediately when they return to work. While Olin frequently draws executives from the St. Louis region, it also works with corporate partners across the nation and around the globe.

Most programs are held at the Charles F. Knight Executive Education & Conference Center on Washington University’s campus. However, the Olin Executive Education team can conduct programs at venues around the world. Since 1993, Olin corporate programs have successfully served thousands of employees from a diverse client base.

Olin placed in the top four globally and top three in the United States in a new Financial Times ranking of the best full-time MBA programs for women, released Sunday night. The WashU MBA program is ranked just behind programs at Stanford and UC Berkeley and just ahead of Harvard’s.

New faculty in 2017. First row, Karam Kang, Xing Huang,
Ashley Hardein; second row, Hannah Perfecto, Zhenyu Liao;
third row, Sydney Scott, Rachel Ruttan.

The release of the ranking was timed for its proximity to this week’s International Women’s Day on Thursday, which Olin will mark by hosting nearly 700 attendees for its special program, “The ‘She’ Suite: Celebrate International Women’s Day with Women in the C-Suite and in Leading Roles.”

“This new ranking gives tremendous affirmation to our efforts to expand women’s voices in Olin’s MBA program,” said Dean Mark Taylor. “It also challenges us to continue the momentum. It’s about fairness, but it’s also about diversity. Diversity drives innovation and appreciating diversity is a core value for Olin.”

Using data gathered from previous rankings, the Financial Times also examined its numbers through several female-centric lenses. For example, Olin ranked first in the US for female percentage increase in salary post MBA and first globally for parity across genders in the starting salary of newly minted MBA graduates. Olin also compared favorably in the percentage of female enrollment, with nearly 40 percent women in the incoming class in 2017—the sixth highest percentage among the top US schools.

“Diversity drives success in business as well as the classroom,” said Olin MBA Shelley Lavender, Boeing senior vice president and head of Boeing’s strike, surveillance and mobility business. “The work Olin is doing to attract women and men from around the globe is ensuring its graduates experience the powerful, profound, and positive impact that diverse teams bring to all aspects of our life.” Lavender also heads Olin’s MBA advisory board.

The news was welcomed by Perri Goldberg, MBA ’18, president of the student-run Olin Women in Business organization, which was named Chapter of the Year at the National Association of Women MBAs Conference in October 2016.

“I am so proud of our school—the admissions effort to attract more female students, our welcoming, collaborative, and inclusive community, the supportive, yet challenging faculty,” said Goldberg. She said the organization has made a priority of collaborating with Olin in creating a welcoming, inclusive environment for both women and men.

“I am confident that this top ranking will attract other strong females and males into the program,” she added, “and I cannot wait to see what our community and OWIB will do in the future.”

Dean Taylor also noted that while the results are encouraging, there are still areas of opportunity. For example, with around a quarter of its faculty female, Olin is about average among the top US schools but is striving to improve: in its most recent round of faculty hiring last year, six of the seven new faculty members were women.

In Poets & Quants‘ second-ever ranking of undergraduate business programs, the online business education site ranked Olin Business School #2.

Released on December 5, this year’s ranking saw an influx of institutions participating, growing from 50 schools in the inaugural ranking to 82 schools, which represent the top 16% of accredited undergraduate business schools in the United States. The ranking includes schools with highly demanding academics—both public and private universities with two- and four-year business programs. Olin was ranked #1 in the 2016 ranking.

“We are very proud to be at the top of Poets & Quants’ undergraduate rankings for the second year in a row. It’s a testament to Olin’s academic excellence and student satisfaction, particularly in a much larger field of top business schools,” said Dean Mark Taylor.

Three key area were considered equally: admission standards, the quality of the academic experience, and employment outcomes. Olin scored in the top ten in all three categories. In fact, in employment outcomes, Olin jumped 6 spots to the #5 position.

  • Admissions standards measured average SAT scores, acceptance rates, and the percentage of incoming students who were in the top 10% of their high school classes.
  • Student experience measured alumni responses to four questions:
    • 1) Was their degree worth its cost in time and tuition?
    • 2) Did the school’s extracurricular offerings nurture their growth as people and business experts?
    • 3) Were faculty available for mentoring and meetings outside of class?
    • 4) Were alumni approachable and helpful?
  • Employment outcomes weighed the percentage of students with internships prior to senior year, the percentage with jobs three months after graduation, and the average salary and bonus of a graduate.

Click here to see Poets & Quantscomplete survey, methodology, and school profiles.

Olin Business School’s Executive MBA program in partnership with Fudan University in China is number seven in the 2017 Financial Times’ annual ranking of the world’s top 100 EMBA programs.This survey marks the sixth consecutive year that the Olin-Fudan EMBA has been ranked in the FT’s top ten global programs.

Alumni of the Olin-Fudan program reported gains in the important areas of salary increase, career progress, and work experience. Olin-Fudan EMBA graduates are among the top earners of the schools in the ranking with an average salary of $360,250, the third highest globally.

“Olin’s partnership with Fudan University pioneered the executive MBA in China in 2002 and has consistently been a leader,” said Mark Taylor, dean of Olin Business School. “The large number of top American and European business schools that have followed us to Asia in recent years are a testament to our successful program and our outstanding alumni who have propelled their global careers to new heights after earning the Olin-Fudan EMBA degree.”

The Financial Times ranking is based on two surveys: one of business schools and one of their alumni who graduated in 2014. Criteria in 16 categories are weighted for the overall ranking. For more on the FT ranking methodology and details of this year’s survey, link to the Oct. 16 edition of the FT.

Forbes released its 10th annual ranking of  America’s Top Colleges  Aug. 2, and Washington University was #4 among the Top 25 Colleges in the Midwest for 2017. Nationally, Forbes ranks WashU at #36 on a list of 50 schools dominated by universities located on the east and west coasts.

The FORBES Top Colleges ranking has always placed its focus solely on the direct benefits a college or university provides its students. Favoring output over input, Forbes eschews common metrics like acceptance rate, endowment and freshmen SAT scores – numbers that say far more about a school’s “prestige” than its actual effectiveness – and instead favors variables like alumni salary, graduation rate and student satisfaction.

The ROI-centric logic behind this year’s ranking is no different, but part of the methodology and some of the data sources have been reexamined and revamped to better align this list with what FORBES values most: entrepreneurship, success, impact and the consumer experience.

“Before you become a college student, you need to think like a graduate. Our goal is to showcase the colleges and universities that deliver the best return on your education investment dollars: low student debt, on-time graduation, quality academics, high earning potential and career success,” said Caroline Howard, Digital Managing Editor, Forbes Media.

Link to the Forbes list here

Source: Forbes news release

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