Texas MBA Hits All-Time High in Economist Rankings
The Texas MBA program rose to 31st globally (up from 43rd) in The Economist's 2011 full-time MBA rankings, the highest ever placement in the survey.
Among U.S. schools McCombs is 21st (up from 27th), and is 5th among U.S. public schools, also an all-time best position.
The Texas MBA program has had a string of national success recently, such as winning the 2010 GE ECLP Case Competition (winning team pictured above), beating teams from Notre Dame, Virginia and Carnegie Mellon.
The U.S. public schools ahead of McCombs this year are Virginia (4), Berkeley (6), UCLA (27) and Michigan (30). McCombs surpassed the University of Washington (35), Indiana (39) and UNC (47).
Other Texas schools include: Rice (53, down from 41), and SMU (79, down one spot from 78).
The Economist survey calculates rankings based on four criteria: effectiveness of school to open new career opportunities (35 percent); personal development and educational experience (35 percent); increase in salary (20 percent); and potential to network (10 percent). 80 percent of the data is provided by schools; the remainder comes from recent graduates.
McCombs fared well in all categories, improving in three of four from 2010. Specific areas of improvement included number of jobs three months post-graduation; those found through Career Services; higher GMAT, percentage of foreign and female students; student ratings of faculty, culture, and classmates; post-MBA salary
and student rating of the alumni network.
Comments
#1 Great job MBA program and
Great job MBA program and students! We accounting faculty appreciate the worldly experience and questions the MBA students bring to class. It's an honor to teach them - in both the accounting core classes, dedicated MBA electives, and the specialty electives that MBA students take with our top-ranked Master of Professional Accounting students.
To see recent McCombs faculty research featured in The Economist, see http://www.economist.com/node/21530953?frsc=dg%7Ca. The Economist summarizes accounting professor John McInnis' research as follows: "They discovered that companies usually recruit CEOs from companies that have done well in the past—no surprise there—and that they usually pay them a fat premium. But then comes the rub: the pay premium is negatively correlated with the future performance of the firm that does the hiring. In other words: the more dazzling the outside recruit, the worse he performs in his new role."
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