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Broad Full-Time MBA ranks in nation’s top 10, No. 1 for alumni reaching their goals

By Chelsea Stein
Monday, February 13, 2023

The Broad College’s Full-Time MBA program has once again been recognized as one of the nation’s best. In Financial Times’ 2023 Global MBA ranking, limited to 100 programs around the world, Broad came in at No. 8 among U.S. public programs.

In addition, Broad is No. 1 in Financial Times’ aims achieved ranking, measured through survey questions that ask alumni about the goals and expectations they had when enrolling in an MBA program. Illustrating the Spartan Will, determination and grit, 93% of alumni reported they achieved their aims, a tie for the leading spot with Stanford Graduate School of Business.

“This was a team effort, and the team has — yet again — knocked it out of the park,” Richard Saouma, associate dean for MBA, EMBA and professional master’s programs, said. “These rankings are a testament to the unwavering commitment that each of us makes to transform lives, one student at a time.”

Michigan State University was also ranked No. 24 among U.S. schools overall and came in at No. 43 globally. The program is known for its return on investment for Spartan graduates, and as such was ranked No. 7 for value for money among U.S. schools. Graduates’ weighted salary has grown over time, reaching a new high of $143,697 this year, an increase of 169% over their pre-MBA salaries.

“The Full-Time MBA program’s curriculum continues to pay tremendous dividends for our students,” Wayne Hutchison, Full-Time MBA program director, said. “Our foundational strengths in logistics, operations, corporate finance, strategic human resources and brand management have been strengthened by dynamic pathways in business analytics and entrepreneurship, providing future classes even more opportunities to pursue their goals. We appreciate this recognition and celebrate the successes of our students in their post-MBA careers!”

Illustrating the Spartan Will, determination and grit, 93% of alumni reported they achieved their aims.

The Broad College also made a strong showing in Financial Times’ new sector diversity rank, coming in at No. 6 among all U.S. schools and No. 14 globally. The methodology for this ranking explains that student sector diversity “looks at the range of employment sectors candidates have worked in before starting their MBA.”

Spartans come to the Full-Time MBA program from a wide range of employment sectors and industries and from just as wide a range of backgrounds and life experiences. Diversity overall is emphasized throughout the program’s recruiting, admissions, programming and operations.

Andrea McHale, director of graduate admissions and enrollment, is in charge of the program’s marketing, recruitment, admissions and enrollment efforts, and she puts diversity, equity and inclusion at the core of this work.

“As a team, we strategically plan out tactics that support the program objectives with our core values anchoring these initiatives,” she said. “But honestly, it comes down to people. I am fortunate to work alongside a remarkable team of staff and graduate assistants who are brilliant, compassionate and thoughtful individuals. In addition to my team, I am beyond thankful for our students, alumni and faculty that volunteer their time and effort. Their diversity of perspective and experience promotes the culture of our program to our prospective students. Together, they create an inclusive environment and equitable programming that influences the diversity of MSU’s Broad MBA.”

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.

For more information about this ranking, visit

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