Financial Times lists Wake Forest‰’s Babcock School among the world‰’s best MBA programs

1.28.2009 General, News Release, School News

Wake Forest University’s Babcock Graduate School of Management has been named as one of the world’s top 100 business schools globally and among the top 50 in the U.S., according to the Financial Times of London in its recently released 2009 list of top full-time global MBA programs. Wake Forest was last ranked in the top 50 in the US in 2006 and in the global top 100 in 2007. This ranking is particularly significant because the bulk of the data is provided by our alumni and their success improved our standing in this survey.

“It’s rewarding to see the Babcock School gain recognition in the international arena,” said Dean of Business Steve Reinemund. “This ranking is particularly significant for us because the bulk of the data is provided by our alumni. Their success improved our global standing in this survey.”

Babcock ranks 36th in the world and 21st among U.S. graduate business schools with regard to percentage increase in salary reported by alumni. The increase in salary is calculated using the graduates’ pre-MBA salary and their salary three years after graduation. Babcock’s alumni reported a weighted average salary increase of 108 percent (a weighted average computed from salaries reported from the classes of 2003, 2004 and 2005). Babcock ranks 23rd in the U.S. for “value for money,” calculated using the salary earned by alumni today, course length, fees and other costs, including opportunity cost of not working for the duration of the course.

Of the Wake Forest MBA alumni from the class of 2005 participating in the survey who reported that their goals or reasons for earning an MBA had been achieved, the Babcock School ranks 36th in the U.S. and 47th in the world. Additionally, 88 percent of the class of 2008 reported having found employment or accepted a job offer by three months after graduation.

More information about this ranking can be found at