In the latest Financial Times Global MBA ranking, released January 30, the Broad College of Business Full-Time MBA Program ranked among the nation’s top 10 public programs. This continues Broad’s trend of being among the top 15 public institutions nationwide in every major ranking of full-time MBA programs.
Among all global programs, Broad is ranked no. 58 and among all U.S. programs, private and public, Broad is no. 22. Both positions are up seven places from last year’s standings. Among full-time MBAs at U.S. public universities, Broad moved into the no. 10 position.
Three years out of the program, Broad MBA graduates see an average salary increase of 124 percent over their pre-MBA earnings according to the latest Financial Times calculations, up from 120 percent last year. This reflects the most recent Forbes findings, which show that it takes only 3.6 years to pay back the costs of a Broad MBA – the second shortest payback period in its ranking.
“Post-graduate job placement, salaries, and this top 10 public ranking demonstrate not only the successes of our alumni, but also the Broad MBA’s true return on investment,” said Glenn Omura, associate dean for MBA and professional master’s programs. “Our graduates cultivate creativity and innovation while honing technical skills across functional areas, developing the tools they need to make their own career blueprints and adapt them as the business world changes.”
Financial Times surveys graduates three years after they complete their degrees to assess the impact of the MBA on their subsequent career progression and salary growth, as well as seeking their impressions of the program and its career services offerings. Other factors in the ranking include diversity, the international reach of the program, and the number of research articles published by the college’s full-time faculty members.