Spring Break
Mays' MBA program makes improvement in rankings
By: Rhiannon Meyers
Issue date: 4/12/04 Section: News
The Lowry Mays Business School's MBA program was ranked as the 23rd best graduate business program in the nation in the April 12 edition of U.S. News and World Report, after ranking No. 51 last year.
The business school tied for the 23rd spot with the University of Illinois, Indiana University and the University of Texas.
The magazine determines rankings using input from the business school staff and faculty, and also from hiring professionals. The magazine also looks at the average undergraduate grade point average, average GMAT score, the percentage of students accepted in 2003, the average starting salary and bonus, the number of 2003 graduated employed at graduation and three months after graduation, out-of-state tuition and fees and the number of students who are enrolled full-time.
In comparison with the top-50 ranked schools, the Mays business school had the highest number of graduates employed at graduation with 86.5 percent, and the highest number employed three months after graduation with 95.9 percent.
Carroll Scherer, director of the business school's MBA program, said the primary reason the school rose in the rankings is because the percentage of students employed after graduation increased over the past few years.
"I believe it is a really terrific employment situation our students were able to attain," she said.
Scherer said several programs have been initiated since 2002 to help students find employment after graduation, such as employer outreach, training students in job search methods and an effective MBA alumni program, where graduate business students can network with other Aggies in business.
"No longer can you sit on campus and wait for jobs to come to you," Scherer said. "You have to reach out to the business community and network with the business alumni."
Scherer said she is excited that the business school rose so quickly from being ranked number 51 to 23 .
"I'm just ecstatic," Scherer said. "It was such a tremendous effort put forth by the students, dean, staff and faculty, and it's just thrilling to see those efforts pay off in a relatively short time."
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