Wake Forest MBA ranks No. 10 in international business school survey based on social and environmental stewardship issues

10.19.2005 General, News Release, School News

WINSTON-SALEM, N.C.—In a ranking announced today of the top 30 global MBA programs from nearly 100 surveyed, Wake Forest MBA has been ranked No. 10 in the world by Beyond Grey Pinstripes, the only global ranking that evaluates MBA programs for their efforts to prepare graduates for the new business realities demanding social and environmental stewardship.

The ranking, released jointly by the World Resources Institute and the Aspen Institute, measures the extent to which business schools prepare their students for the reality of tomorrow’s markets, equipping them with an understanding of the social, environmental and economic perspectives required for business success in a competitive global economy.

“To be competitive, corporations need to recast social and environmental problems as business growth opportunities,” said Jonathan Lash, president of the World Resources Institute. “Top-ranked Beyond Grey Pinstripes schools are leading the way in providing students with the skills that are becoming increasingly valuable to business’ bottom line, including searching for innovative technologies and entrepreneurship opportunities around climate change, water scarcity, labor issues and poverty alleviation.”

Beyond Grey Pinstripes honored Wake Forest MBA for “distinguishing itself not only by offering a large number of courses that addressed social and environmental issues in business, but also by the relatively large proportion of students who actually took those classes.”

“Social and environmental issues transcend tree hugging,” said student Dan McCabe, president of the Wake Forest MBA chapter of Net Impact. “At Wake Forest MBA, critical
consideration is given to these matters—which makes smart business sense—because these important business elements can greatly impact the bottom line. While this honor reflects the school’s commitment, we recognize the need to do more. We’re excited that this award will help fuel momentum in taking our initiatives to the next level.”

The Beyond Grey Pinstripes report identified the top 30 MBA programs by inviting nearly 600 MBA programs to report on their coursework and research: 1,842 courses, 1,713 extracurricular activities and programs, and 828 journal articles from leading peer-reviewed business publications were analyzed. A full description of the report, its methodology and individual MBA program ratings is available online at www.beyondgreypinstripes.org.

About the World Resources Institute
The World Resources Institute is an environmental think tank that goes beyond research to find practical ways to protect the earth and improve people’s lives. For more than a decade, WRI’s Sustainable Enterprise Program has harnessed the power of business to create profitable solutions to environment and development challenges.

About the Aspen Institute
The Aspen Institute’s Business and Society Program (www.aspenbsp.org) is dedicated to developing leaders for a sustainable global society. Through dialogues and research, the Institute creates opportunities for executives and educators to explore new pathways to sustainability and values-based leadership.

About Wake Forest MBA
Wake Forest MBA’s unique approach to business education gives graduates a competitive edge that employers notice. While the program nurtures innovation and entrepreneurship, it also encourages appropriate risk-taking. Wake Forest MBA graduates emerge ready to generate creative solutions, critically assess risks and communicate effectively with people at each level of any organization.