Krannert School of Management, Purdue University - JD

Krannert ranks in top five in Wall Street Journal survey

WEST LAFAYETTE, Ind. — For the third straight year, "The Wall Street Journal" has named Purdue University's Krannert School of Management a top-five MBA school in a special section published Wednesday (Sept. 20).

The annual survey of corporate recruiters determined that the Krannert School is fourth among 51 business schools in the regional ranking, meaning the schools draw recruiters primarily from the region in which they are located.

In a separate "honor roll" section, Krannert ranked third among all schools in operations management. That area has placed third in all six of the publication's rankings, which began in 2001. The Krannert School also ranked seventh in information technology.

Unlike other MBA rankings that use a variety of measures, "The Wall Street Journal" uses only surveys and interviews with corporate recruiters.

"I am very pleased to see that Krannert is once again ranked a top-five graduate business school by the prestigious 'Wall Street Journal,'" said Richard A. Cosier, Krannert School dean and Leeds Professor of Management. "This survey carries weight because it reflects the feelings of more than 4,000 recruiters. I'm particularly pleased that our operations management area, one of our signature strengths, has again received acclaim for its excellence."

In a listing of "undervalued schools" that asked recruiters to name schools with underrated reputations, Purdue placed 10th.

"The Wall Street Journal" wrote of Krannert: "In this year's survey, recruiters gave Purdue its top scores for students' analytical and problem-solving skills and personal ethics and integrity."

In responding to the rankings, Marc Hochman, vice president of global operations for A.T. Kearney Procurement Solutions, praised the Krannert emphasis on teamwork.

"The structure of the program demands that students work effectively in teams, resulting in candidates who know both how to contribute to the group as an individual, as well as how to lead a team of people with disparate backgrounds, experiences and points of view," Hochman said.

Charles Johnson, director of master's and executive programs, said the top-five ranking reflects the quality of Krannert MBAs entering the work force.

"Our top-five placement reaffirms that employers think very highly of the kinds of students Krannert produces," Johnson said. "Krannert faculty and administrators have worked hard to maintain and build on strong ties with our customers in the business community. Those relationships help us to produce graduates with a great combination of conceptual knowledge and real-world experience.

"Our No. 1 goal is to continue producing graduates who have the right combination of skills, knowledge and attitude to make them and their companies successful."

"The Wall Street Journal" survey was conducted by Harris Interactive from December 2005 to March 2006. In the online poll, 4,125 recruiters rated schools on 21 attributes. To qualify, a school had to receive at least 20 recruiter rankings.

In the previous two years, Krannert had ranked first in the survey among business schools in the regional category. Krannert joins Ohio State University's Fisher College of Business as the only regional schools to rank among the top five in 2004, 2005 and 2006.

"The Wall Street Journal" ranked Indiana University's Kelley School of Business 15th and the University of Notre Dame's Mendoza School of Business 28th. Both are in the same regional category as the Krannert School.

Writer: Jay Cooperider, (765) 494-2077, jcoop@purdue.edu

source: http://news.uns.purdue.edu/UNS/html3month/2006/


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