Financial Times Ranks Wake Forest’s MBA Program No. 7 in Nation for Job Placement

1.31.2011 General, News Release, School News

WINSTON-SALEM, NC – The Full-time MBA program at the Wake Forest University Schools of Business again ranks among the top 50 in the U.S., according to the Financial Times of London. Overall, Wake Forest ranked #41 in the nation this year, up six positions from 2010. The Wake Forest worldwide ranking climbed to #78.

In the category of employment at three months post-graduation, the Wake Forest MBA ranked #7 in the nation, tied with Stanford and – above Harvard.

“We are pleased by the positive momentum underway at the Wake Forest University Schools of Business,” said Dr. Sherry Moss, Director of Full-time MBA Program and Associate Professor of Organizational Studies. “Most importantly, we are proud of the success of our alumni in securing desirable positions in this highly competitive environment and earning salaries that justify the investment of the MBA program.”

Wake Forest alumni experienced a 110% average salary increase from their pre-MBA salary, ranking Wake Forest #13 in the nation on that metric.

The school was also ranked #24 among U.S. schools for the return on investment, taking into account salaries earned by alumni three years after graduation, while subtracting tuition costs and the opportunity cost of not being in the workforce while attending the MBA program.

For the past 13 years, the Financial Times has produced a ranking of full-time MBA programs. European or U.S. schools must be accredited by an international accreditation body such as AACSB, Equis or Amba. To be considered, schools must have a full-time MBA program that has been running for at least four years, and it must have graduated its first class at least three years ago, according to the Financial Times. The rankings are based on data collected from two main sources, alumni and business schools. Graduates receive the Financial Times surveys three years after they have completed the degree to assess the effect of the MBA on their subsequent career progression and salary growth.

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