IU's Kelley School of Business ranked among nation's top 10 by Business Week
April 28, 2006
Students join Dean Dan Smith, left, and Program Chair M.A. Venkataramanan, right, in a celebration
BLOOMINGTON, Ind. -- Indiana University's Kelley School of Business now has two programs ranked among the best by
Kelley's MBA program has been in
In an explanation for its new undergraduate rankings, the magazine announced, "this first-ever exclusive ranking comes at a time when undergrad business programs are getting MBA-like respect, and competition to get into them is hotter than ever."
"It's an honor to be ranked among the nation's top 10 business schools," said M.A. Venkataramanan, chair of undergraduate programs in the Kelley School and Lawrence D. Glaubinger Professor of business administration. "Our
Daniel C. Smith, dean of the Kelley School, added, "This ranking is consistent with our internal performance metrics related to the experiences of our students and corporate recruiters. Our 98 percent graduation rate, an 85 percent job acceptance rate by graduation, and a high level of community volunteer service reflect a long-standing commitment to excellence by our students, faculty, career advisers and staff."
Smith added that being ranked 10th places the school in the top 2 percent of nationally accredited business programs.
In its comments about the school,
This year, more than 400 companies conducted more than 14,000 interviews with undergraduates at the Kelley School. Starting compensation will exceed the national average for business graduates by more than 10 percent.
The school's degree programs also are a good value. With an annual in-state cost of $7,112, it had the second-best cost of any program ranked in the top 10. Kelley's undergraduate programs were fourth among public universities and second in the Big Ten.
The Kelley School was highlighted in an article about efforts being made by top schools to develop graduates with strong communications and critical thinking skills.
"Some program directors at colleges and universities stress that writing shouldn't be taught in isolation," the article said. "At Indiana University's Kelley School of Business, all communication classes incorporate writing, speaking, listening and teamwork, showing business majors that all facets are connected and necessary for successful interactions."
The magazine suggested that facilities housing the school's undergraduate programs are in need of an upgrade, but also quoted Smith as saying these needs will be met through future extensive renovation.
"We will not rest on our laurels," Smith said today. "We have a culture at the Kelley School that embraces innovation. While this is certainly a good day in the life of the school, our best days are yet to come."
The Kelley program was one of three business programs in Indiana to be recognized by