MBA program among nation's best

Business Week has once again put the Kelley School of Business MBA program at the top of the pack. The Kelley school's masters of business administration program remained at number 20 in this year's ranking of the top MBA programs around the world.\n"This ranking shows that we have outstanding teaching faculty and students," said Dick McCracken, Director of MBA graduate career services. "We continue to have one of the best MBA schools in the U.S."\nSince 1988, Business Week has ranked the top MBA programs every two years. Northwestern University's Kellogg School of Business grabbed the No. 1 spot this year. The magazine looked at 88 business schools around the globe. The 2002 results came from the opinions of 219 corporate recruiters and 11,518 business students.\n"The methodology of the rankings is 45 percent a survey of corporate recruiters, 45 percent a survey of recent graduates, and 10 percent a measure of the school's research impact on the business world," said Brian Hindo, a reporter for Business Week.\nIU's MBA program continues to be ranked in the top 30 every time Business Week releases the rankings. With many schools dropping in the rankings this year, the Kelley School of Business was happy to maintain the ranking that it received when the reports last came out in 2000. \n"The continuity of the faculty and staff and strong student leadership has helped the MBA program maintain its ranking," McCracken said.\nBusiness Week noted that the new Graduate and Executive Education Center would have a positive impact on the MBA program in the future. In the past out-dated technology and classroom facilities were the biggest student complaints. However, the new state-of-the-art facility is filled with classrooms containing the latest technology. The $33-million dollar facility offers wireless Internet and contains two full computer labs. The faculty believes that this will increase the quality of an MBA student's educational experience. \n"The new facility has a corporate look and feel which gives students a sense of a business environment," said Terrill Cosgray, Director of MBA programs.\nThe Kelley school's administration also received high marks for being responsive to student needs. \n"Professors respond quickly to e-mails and some teachers even stay on the weekends to help you," said Jenna Lewis, a first-year MBA student.\nCosgray said the ratings will help the Kelley School of Business continue to recruit the quality students and faculty that are needed to maintain a strong program.\nIU's business program received high rankings so far this year. The Wall Street Journal ranked the school 14th and U.S. News and World Report recently ranked the undergraduate program 10th.\nIU was not the only Indiana school to receive a high ranking from Business Week. Purdue University's Krannert School of Business was 26th and Notre Dame's Medoza College of Business was 29th.