Bloomberg Businessweek’s Best Business Schools ranking, released Wednesday, once again places the Broad College’s Full-Time MBA program among the nation’s elite. In the 2021–22 rankings, Broad came in at No. 19 among public universities in the United States and No. 43 overall.
“We are incredibly proud of our MBA students and MBA alumni; their commitment to creating value is second to none — it’s inspirational,” Richard Saouma, associate dean for MBA, EMBA and professional master’s programs, said.
The best schools list is based on data compiled from more than 6,600 students, more than 12,400 alumni and more than 850 employers, along with compensation and job-placement data from each school.
In addition to the overall ranking, schools are separately ranked on five component indexes — compensation, networking, learning, entrepreneurship and diversity — providing students more ways to evaluate what schools have to offer them. The Broad College was ranked No. 38 for compensation, No. 42 for networking, No. 45 for learning and No. 77 for entrepreneurship.
“The learning index growth we’ve seen over the past few years is really encouraging,” Wayne Hutchison, Full-Time MBA program director, said. In three years, Broad jumped a total of 44 spots for this component, which measures quality, depth and range of instruction.
“I feel that’s a great linkage to the co-curricular and experiential learning work being done by the faculty and the administration over the past several years.”
The diversity index was new to the ranking this year and examined the racial, ethnic and gender makeup of each MBA program. For this component, MSU came in at No. 48, ahead of schools like Indiana University, Vanderbilt, Notre Dame and University of North Carolina.
“The Full-Time MBA team has been intentional around supporting DEI initiatives that have real impact for our prospective students, current students and alumni,” Andrea McHale, director of graduate admissions and enrollments for Broad’s MBA program, said.
Under McHale’s leadership, the Broad MBA is bolstering its DEI efforts in numerous ways, including renewing its partnership with nonprofit Management Leadership for Tomorrow as well as Forté Foundation and Reaching Out MBA to support underrepresented student populations; increasing DEI recruitment events; updating the program’s application to be more inclusive; and, with the support of the Broad Advancement Team, creating a new expendable MBA Access Scholarship Fund to help create equitable merit-based scholarships.
Positive feedback from students and alumni in the ranking captured how women are well represented in Broad faculty and staff and throughout the curriculum’s case studies. Other high points include Broad’s strong technical foundation, high-quality professors and learning, lifelong colleagues and friends made during the program and more opportunities to form personal relationships due to the program’s small size.
The complete 2021–22 rankings of 84 full-time U.S. MBA programs and more information can be found at bloomberg.com.