Poets & Quants Top Business Schools
University of Iowa’s Tippie School of Management
Location: 107 Calvin Hall, Iowa City, IA 52242-1396
Admissions Office: 319-335-3847
Tippie School of Management
The Tippie MBA uses a rolling admissions process; after application reviews begin in November, they continue until the final deadline of July 30.
At the Tippie School of Management, experiential learning is more than just a buzzword. Project learning is integrated in every one of the school’s career academies and functional tracks.
Starting in year one, every Tippie student takes a intensive course in Project Management, followed by a 16-week business consulting project with such major corporate players as GE Healthcare, Marriott, John Deere and Best Buy. Then, in year two, MBA students tackle hands-on academy projects that provide real-time applications of classroom learning in marketing, finance, or strategy, depending on which career academy you’re part of.
As is typical in many MBA programs, students complete a core group of business foundation courses in the first 16-week semester. These courses cover the functional areas critical to a strong knowledge base. This means students get to their career academy courses and consulting projects in the second semester, before their summer internship.
The plan of study encompasses 67 semester hours, including 13 required courses. The foundation courses are completed in the fall semester of year one. Advanced core courses follow in semesters 2-4, along with courses specific to your academic track, plus a number of electives you’re free to customize. Leadership, Ethics & Professionalism is required in every semester.
Rankings Analysis: The University of Iowa’s Tippie School of Management climbed three spots in Poets&Quants’ 2011 ranking of the best MBA programs in the U.S, moving to 45th place from 48 a year earlier. The improvement could be attributed to a better showing in U.S. News & World Report’s ranking. Tippie gained two places in 2011 to finish 40 from a rank of 42 in 2010.
The school also did considerably better in The Economist ranking, jumping seven places to finish 59th on the British magazine’s global list, up from 66th in 2010. Given the school’s highly reasonable tuition rates, Forbes notes that the Tippie MBA has the quickest payback of any MBA in the U.S. According to Forbes, the average Tippie MBA get a 133% salary boost five years after graduation.
Tippie has not published in its employment report its top employers, preferring to list all of the firms that hired the school’s graduates.
Annual Tuition: $19,936
Median GMAT: 670
GMAT Range (mid-80%): 610-730
Average GPA: 3.24
Mean Age: 27