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Boston University School of Management Reports Applications and Quality of Candidates Continue to Rise

Posted on: Friday, 31 March 2006, 00:00 CST

BOSTON, March 31 /PRNewswire/ -- Boston University School of Management announced that it received a 45% increase in MBA applications this year. Over the past two years, applications will have increased more than 85%. "Most importantly, the quality of the incoming class, across a number of important measures, is far superior to last year," commented Hayden Estrada, Assistant Dean of Graduate Admissions.

In the just-released 2007 ranking of business schools by U.S. News & World Report, Boston University School of Management placed among the top 50 MBA programs in the country, for the third consecutive year. The School attained its highest ranking, moving up four places to number 44.

The U.S. News & World Report focused in particular on reputation among peer institutions, alumni starting salaries and rate of employment after graduation, essential factors to MBA applicants who know that when they graduate, they face a highly competitive job market.

In January, The Financial Times ranked the School #1 in the U.S. for "Alumni Career Progress." Overall, The Financial Times ranked the MBA at Boston University School of Management 28th in the U.S. The School also earned a spot in BusinessWeek's Top 50. Additionally, The Wall Street Journal rated the School's information systems offerings among the top 10 in America.

"The number one reason people cite for pursuing an MBA degree is career advancement, and recruiters tell us we're uniquely preparing people with the skills and tools to make that happen," said Boston University School of Management Career Center Director, Catherine Ahlgren. "This isn't just a subjective ranking of 'faculty expertise,' or 'quality of course design.' This is a real-world validation of what we're teaching."

In explaining why its rankings and application numbers are up, Boston University School of Management points to its unique offerings and approach to business education. Both are major forces behind increased interest from applicants -- and recruiters -- while also underlying the School's continuing rise in the major rankings.

"In our programs we uniquely fuse the art, science, and technology of business," said Louis Lataif, the School's dean. "We equip MBA students -- holistically and pragmatically -- for the real rigors of leadership."

"All business schools teach 'management science' -- the quantitative disciplines of accounting, finance, operations, and market research," continued Dean Lataif. "But we go beyond this by also teaching the 'art of business.' By working with students on teaming, leading, persuading, negotiating, listening, and informed intuition, and fusing those arts with rigorous statistical analysis, our students learn to think across organizations and make more effective, well-considered decisions."

"Lastly, we combine this art and science with the strategic application of technology-how information acquisition and flow systematically impacts organizations," Dean Lataif stated. "That's especially so in the School's unique MS-MBA program, now in its fifth year. It has propelled the School's reputation with both students and corporations."

The MS-MBA program enables highly motivated graduate students to earn both a traditional Master of Business Administration degree with a concentration in one of the various business disciplines, as well as a Master of Science in Information Systems. Importantly, the two degrees can be earned in the same 21-month period normally required to earn a full-time MBA.

"As recruiters around the world continue to be impressed with our MS-MBA graduates, our stature as a world-class business school will continue to grow."

About Boston University School of Management

Founded as the College of Business Administration in 1913, Boston University School of Management develops builders and leaders for the networked-era, emphasizing the fusion of the art, science, and technology of business. The School's holistic approach prepares the next generation of business leaders for a world that values management as a system of interdependent functions, decisions, people, and technologies. It is the worldwide leader in offering a unique MS-MBA program, a rigorous dual degree and next-generation MBA fusing a traditional management education with expertise in the information technologies that are transforming all businesses. The School also offers a full range of graduate and undergraduate management degree programs and executive education.

The School of Management at Boston University is located at 595 Commonwealth Avenue, Boston, MA 02215. For more information, visit http://management.bu.edu/.

Media Contact: Laure Kesner Peter Arnold Associates 781-239-1030 lkesner@parnold.com

Boston University School of Management

CONTACT: Laure Kesner of Peter Arnold Associates, +1-781-239-1030,lkesner@parnold.com

Web site: http://management.bu.edu/

Source: PRNewswire

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