New Krannert Dean Leads MBA Review

Krannert does especially well in rankings that emphasize return on investment, ranking No. 3 in Bloomberg Businessweek’s ROI rankings–largely because as a public university the school’s tuition is low compared to most privates and the compensation data is taken immediately after graduation and fails to measure the long-term impact. Graduates from Krannert average a 45% ROI within a year of graduation, much higher than those of several more highly selective, elite schools which far outrank Krannert, such as Stanford’s Graduate School of Business and the University of Pennsylvania Wharton School.

Krannert vs Wharton, Stanford on One-Year ROI

School

ROI

Annual Tuition

Average Starting Salary

Krannert45%$42,184 out of state;

$22,418 in-state

$95,718
Wharton21%

$62,424

$123,431

Stanford GSB17%

$61,875

$129,618

 – Bloomberg, U.S. News

“We will continue to work very hard to make sure our students are incredibly well prepared, and do everything we can to help create great opportunities for them with outstanding employers. If that helps our rankings, great.”

Hummels is optimistic about future employment rates for MBA students. “I’ve spent the last five years thinking a lot about how globalization and changing technology is fundamentally shifting the demands for different kinds of workers and managers. All of the research I have done, and all of the research I have read, points to a rising labor market demand for people who know how to solve complex problems in a rapidly changing environment using a diverse functional skill set,” Hummels says. “In short: people with MBA skills.”

 

DON’T MISS: WHAT YOU CAN EXPECT TO MAKE WITH AN MBA FROM A TOP SCHOOL; 2015 BEST MBAS: ERIC BARAJAS