60. University at Buffalo
School of Management
At the University of Buffalo School of Management, the MBA experience begins with orientation and professional development sessions, known as MBA Advantage, where students become acquainted with classmates and familiarize themselves with the team-based learning environment.
As first-year students, Buffalo MBAs are placed in a cohort of approximately sixty students, with whom they attend most classes. Students are then grouped into six-person teams, which are assembled for their diversity. Teammates prepare projects together, deliver presentations, and study together.
While the first year functions as a strong base on which students can build their professional careers, the second year is their chance to channel that knowledge into a targeted career direction. The second year allows students to broaden perspectives on management or deepen their knowledge in specific areas. While some students choose not to specialize, others select one or more concentrations from a menu of ten offerings.
Latest Up-to-Date MBA Rankings:
Poets&Quants (2012): 60
BusinessWeek (2012): 57
Forbes (2011): 48
U.S. News & World Report (2012): 89
Financial Times (2012): NR
The Economist (2012): NR
Rankings Analysis: Buffalo’s School of Management retained its ranking of 60 on Poets&Quants’ 2012 ranking, exactly the same place achieved a year earlier, though nine places below its 51st place finish in our inaugural ranking in 2010. The school’s international population has grown substantially over the past three years so that nearly seven of every ten graduate students comes from abroad. Indeed, after the University of Buffalo, the number one feeder school here is the University of Mumbai.
Recent graduates say they would prefer that the school recruit and admit more experienced candidates because the profile of the typical MBA here is quite young and many come straight from their undergraduate institutions. As one Class of 2012 graduate told BusinessWeek: “The school needs to develop much more robust and more mutually beneficial partnerships with outside employers, especially well-established and globally-recognized employers. It is obvious that the School benefits in many ways from having employers on their partner/recognition list and that employers benefit from having one of the top B-schools as a partner on their list. However, it is obvious (just look at the stats) that the graduates are not reaping such benefits at all because employers aren’t hiring the talent. We all know that it’s an employer’s market these days but employers should honor their relationship with the school and be more serious about hiring its talent. And the school needs to do a better job marketing itself and pushing partners for a more pure and mutually beneficial relationship. If students and graduates are ultimately not being served then it’s fairly clear that the established School-Employer partnership is self-serving.”
Two-Year Tuition: $24,216 (resident)
Two-Year Tuition: $40,292 (non-resident)
Average GMAT: 625
GMAT Range (mid-80%): 560-690
Average GPA: 3.36
Acceptance Rate: 47%
Full-Time Enrollment: 201
Mean Age: 24
Average 2012 Base Salary: $58,209
Median Signing Bonus: NA
Percentage of Class of 2012 MBAs with Job Offers at Graduation: 54%
Percentage of Class of 2012 MBAs with Job Offers Three Months Later: 83%