BusinessWeek Ranks Operations Management and Corporate Strategy in Top 15 Nationally
Wednesday, October 29, 2008
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Posted by: Shane Autrey
Two UA Business School Programs in Top 15 Nationally; BusinessWeek Ranks Operations Management, Corporate Strategy
TUSCALOOSA, Ala. – Two specialty programs offered by The University of
Alabama Culverhouse College of Commerce and Business Administration are
ranked in the top 15 nationally by BusinessWeek magazine.
The operations management program comes in at No. 12, followed by the corporate strategy program at No. 14.
The magazine ranked 96 universities in 11 undergraduate business
specialties, and Culverhouse was in the top 50 in seven of the 11 areas.
“Rankings make for interesting discussions, particularly if they are
based on input from students and corporate recruiters,” said Dr. J.
Barry Mason, dean of the UA Culverhouse College of Commerce. “We work
hard to make sure our students are happy with the education they
receive, that they are afforded ample opportunity post-graduation, and
that our curriculum meets the needs of the business community. And, we
have to keep in mind that these rankings of 96 business school programs
are based on about 23,000 total students and 244 recruiters.”
Louis Lavelle, an associate editor with BusinessWeek,
wrote on the magazine’s ranking Web page that to identify the top
undergraduate business programs, BusinessWeek uses a methodology that
includes nine measures of student satisfaction, post-graduation
outcomes and academic quality.
“This year,” Lavelle
wrote, “we started with 127 programs that were eligible for ranking,
including virtually all of the 123 schools we ranked in 2007 plus eight
new schools that met our eligibility requirements. In November, with
the help of Cambria Consulting in Boston, we asked more than 80,000
graduating seniors at those 127 schools to complete a 50-question
survey on everything from the quality of teaching to recreational
facilities. Overall, 22,905 students responded to the survey, a
response rate of 28 percent.”
In addition to surveying students, BusinessWeek polled
618 corporate recruiters for companies that hire thousands of business
majors each year. “We asked them to tell us which programs turn out the
best graduates, and which schools have the most innovative curricula
and most effective career services. In the end, 244 recruiters
responded, a response rate of about 39 percent,” Lavelle said.
The
magazine also asked each institution to supply the median starting
salary for their most recent graduating class. In addition, the
magazine used earlier surveys to determine which schools send the most
grads to the 35 top MBA programs identified by BusinessWeek.
From the schools themselves, BusinessWeek obtained
average SAT scores, the ratio of full-time faculty to students, and
average class size. The student survey supplied the percentage of
business majors with internships and the hours students spend every
week on school work.
Of the 127 programs eligible
for ranking, 12 were eliminated for low response rates in the student
survey. Another 13 were dropped for low response rates in the recruiter
survey. An additional six schools were eliminated due to low response
rates on both surveys.
For the 96 schools remaining,
the student survey counted for 30 percent of the final ranking, with
the recruiter survey contributing 20 percent. Starting salaries and the
MBA measure counted for 10 percent each. The academic quality measure
contributed the remaining 30 percent.
In the
operations management specialty, the SEC university nearest UA was
Tennessee at 24. In the corporate strategy specialty, the nearest SEC
school was Arkansas, which placed 19th.
The UA micro
economic specialty came in at number 26 and the macro economics program
at 30. Florida was at No. 3 in the micro economics rankings and at No.
4 in the macro economics. Arkansas was 23 in macro.
Arkansas (13) and Florida (17) both were ahead of Culverhouse (28) in marketing.
UA’s ethics ranking was 30th. The next SEC school to be ranked was Arkansas, at 51.
Another top 50 ranking for Alabama came in the quantitative methods
ranking, where Culverhouse placed 34th, the only SEC school in the top
50.
The Culverhouse College of Commerce and
Business Administration was established in 1919, and, in 1929, it
became the 38th school to earn admission into the American Association
of Collegiate Schools of Business. The excellence of the UA business
school has been acknowledged on a national level. The undergraduate
program is ranked 29th among public universities by U.S. News, and the Culverhouse School of Accountancy is ranked 15th among public universities by U.S. News. The graduate accounting program is ranked 15th and the undergraduate program 14th by Public Accounting Report.
The
University of Alabama, a student-centered research university, is in
the midst of planned, steady enrollment growth with a goal of reaching
28,000 students by 2010. This growth, which is positively impacting the
campus and the state's economy, is in keeping with UA's vision to be
the university of choice for the best and brightest students. UA, the
state's flagship university, is an academic community united in its
commitment to enhancing the quality of life for all Alabamians.
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