Tag: rankings

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.

Methodology
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

Olin’s full-time and part-time MBA programs remain among the top business schools nationwide in the U.S. News & World Report 2018 Best Graduate School Rankings released March 14, 2017. The full-time program remains at #21 for the second consecutive year, and the part-time program tied with Georgia Tech and the University of Maryland for the #30 spot.

“In terms of job placement rate, Olin continues to rank among the top five full-time programs in the country,” said Joe Fox, associate dean for graduate programs at Olin. “We’re very proud of the quality of students we attract to our programs and the success they have upon graduation.”

Full-time methodology

The 471 master’s programs in business administration accredited by the Association to Advance Collegiate Schools of Business were surveyed; 377 responded, with 131 MBA programs providing the data needed to calculate rankings based on a weighted average of eight indicators:

• Peer assessment survey
• Mean GMAT score
• Recruiter assessment survey
• Employment rates 3 months after graduation
• Mean starting salary and bonus
• Mean undergraduate GPA
• Employment rates at graduation
• Acceptance rate

Part-time methodology

U.S. News part-time MBA ranking is based on five factors:

• Average peer assessment score (survey of business school deans)
• Average GMAT score and GRE scores of students entering in the fall of 2016
• Average undergraduate GPA
• Average number of years of work experience
• Percentage of the fall 2016 total MBA program enrollment that is in the part-time MBA program

The complete 2018 Best Graduate Schools rankings methodologies are accessible at https://www.usnews.com/gradmeth

December 5, 2016 was a day for celebrating at Olin. After news broke that Olin’s Undergraduate Program was ranked #1 by Poets & Quants, the students, faculty, and staff were invited to gather in the Piper Hallway in Simon Hall.

To celebrate, the Undergrad Office and the Marketing & Communications department had assembled an amazing array of goodies with only a few days’ notice.  The celebration included pretzels in the shape of a 1, St. Louis’ famous Ted Drewes frozen custard, pizza, and cupcakes. Students also enjoyed takeaways, including t-shirts, water bottles, and selfies at the photo booth.

One of my favorite things about Olin is the sense of community we foster, and Monday’s celebration showcased just that.

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Olin Business School’s undergraduate program is ranked #1 in the U.S. by a new survey published today, Dec. 5, by Poets&Quants. According the online business education news site, Olin “boasts the single best undergraduate business experience in the U.S.” Olin’s high admissions standards, excellent employment data, and alumni satisfaction propelled our four-year program to the number one spot based on information provided by business schools and an alumni survey.

“This is the most thorough study of undergraduate business education ever undertaken,” said John A. Byrne, editor-in-chief of Poets&Quants in a news release. “Never before has anyone gathered the wealth of data we will publish, from actual acceptance rates and average SAT scores to the schools with the best academic and career advising.”

The ranking includes 50 American business schools and is based on data collected in three categories including admissions, alumni perspective on the full educational experience, and employment statistics including internships before senior year, full-time employment within 90 days of graduation, and average compensation. Alumni from the class of 2014 were surveyed by Poets&Quants for this debut ranking.

“This well-deserved recognition of our outstanding students and faculty confirms one of the many reasons I was attracted to serve as your new dean at Olin Business School,” said Mark P. Taylor, who took office Dec. 1, 2016. “I knew the bar was set high before I arrived, and now we must remain vigilant to maintain these high standards and strive for continuous improvement and innovation as we begin our second century in business education together.”

Data in the rankings’ three categories were equally weighted according to the Poets&Quants methodology that is published in detail on its website. A few of the data points that clearly set Olin apart from the competition include:

• 10.3% acceptance rate (Class of 2020)
• Average SAT score: 1480 (Class of 2020)
• Percentage of top 10% of high school graduating class 2014 91% (Class of 2014)
• National Merit Scholars: 46.88% (Class of 2014)
• Percentage of internships before senior year: 90% (Class of 2016)
• Percentage of job acceptances within 90 days of graduation: 97% (Class of 2016)
• Average salary and bonus: $74,109 (Class of 2016)

“We are very proud of the high caliber of our students and their accomplishments while at Olin and post-graduation,” said Steve Malter, Associate Dean and Director of the Undergraduate Programs at Olin. “This new ranking is based on facts about the quality of students admitted to Olin and their excellent employment outcomes. The data and alumni survey reflect the outstanding experiences they have in the classroom, through internships and practicums as well as four years of individualized career guidance.”

A celebration of the #1 ranking is scheduled in Simon Hall at 2:30 p.m. on Dec. 5. Follow #OlinNow for photos from the selfie station. And check back here for more photos and a video later this week.

Link to Poets&Quants for the complete survey, methodology and school profiles.

Bloomberg Businessweek released its 2016 Best Business Schools ranking for full-time MBA programs in the United States on November 16, 2016. This is Bloomberg Businessweek’s second annual ranking based on a revamped survey process and remodeled methodology. Olin Business School’s Full-Time MBA is ranked at #36 among the 87 US schools that qualified to be included in the survey. Olin was ranked #35 in 2015.

Olin’s 96% job placement performance (90 days post-graduation), is among the top 5 in the country again this year-the sixth year in a row. Positive alumni feedback on the ROI of the MBA degree gave Olin a strong showing in this category at #16. Our student satisfaction increased 15%, jumping from 53 to 41, in the student survey.

We will study and analyze the detailed survey results from students, alumni, and employers to search for ways to improve the experience and the outcome of our MBAs. Bloomberg will provide feedback to schools in the coming weeks.

The Bloomberg Businessweek survey is based on data compiled from more than 1,000 recruiters, 15,000 alumni, and 9,000 recent graduates. Click here to see the complete ranking and methodology.