Forbes Ranks Wake Forest MBA Among Nation‰’s Best for Return on Investment

8.3.2011 General, News Release, School News

WINSTON-SALEM, N.C. — Wake Forest University Schools of Business ranks No. 30 in Forbes magazine’s biennial ranking of the top U.S. business schools which measures students’ return on investment (ROI) in an MBA degree. This represents a four position improvement over the prior Forbes ranking, which came out in 2009.

The Forbes survey measured the five-year gain experienced by full-time MBA graduates of the class of 2006. The magazine determined average total compensation for MBA graduates in the five years since graduating and subtracted from that total the sum of tuition and compensation missed while a student was enrolled in a full-time MBA program.

The total compensation gain allowed Wake Forest graduates to pay off their MBA debt in 3.4 years. The average pre-MBA salary for members of Wake Forest’s MBA class of ’06 was $45,000, and the average salary in 2010 for those graduates was $107,000.

“We are proud of the progress our alumni have made in their careers and that Wake Forest continues to rank high on the return students are achieving on their investment,” said Steve Reinemund, Dean of Business and retired chairman and CEO of PepsiCo.

One Wake Forest alumnus who participated in the survey said, “Very strong alumni network. Being a smaller school, I felt like I was a key stakeholder and could make an impact on the school long term.”

Another respondent said Wake Forest provides an “outstanding educational value, great learning environment, diverse student base and small class sizes.”

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Click Here to access the complete Wake Forest University Schools of Business Profile on Forbes.