Jacqueline Molik Ghosen
BUFFALO, N.Y. -- Forbes magazine has once again ranked the University at Buffalo School of Management as one of the best business schools in the world based on the return on investment it provides MBA graduates.
The ranking of No. 40, up eight spots from the last ranking in 2011, places the school solidly in the top 10 percent of more than 680 graduate business programs accredited by AACSB International – The Association to Advance Collegiate Schools of Business. The UB School of Management is the only business school in the Buffalo Niagara region to be included in the ranking.
According to Forbes, the ranking shows which business schools offer the best return on investment by comparing the cost of attaining an MBA--tuition, plus forgone income--to salaries earned by MBA graduates upon graduation and five years after graduation. Full results are available online at www.forbes.com.
During a visit to UB in August, President Barack Obama applauded the university’s commitment to ensuring that students graduate with little or no debt.
The UB School of Management had the third-lowest tuition of the 70 schools Forbes listed. And when measuring the years to pay back, only five schools outperformed the UB School of Management.
“This ranking demonstrates that our graduates achieve a high level of success in their careers,” said Arjang A. Assad, dean of the UB School of Management. “And it shows that they get an outstanding value for their investment in our MBA program.”
Assad said innovative programs like LeaderCORE™, the two-year MBA leadership certification, contribute significantly to the success of the school’s graduates. Results are based on a survey of 17,000 MBA graduates worldwide from the class of 2008. Graduates were selected from more than 100 business schools.
The UB School of Management is recognized for its emphasis on real-world learning, community and economic impact, and the global perspective of its faculty, students and alumni. The school also has been ranked by Bloomberg Businessweek, the Financial Times and U.S. News & World Report for the quality of its programs and the return on investment it provides its graduates. For more information about the UB School of Management, visit mgt.buffalo.edu.
The University at Buffalo is a premier research-intensive public university, the largest and most comprehensive campus in the State University of New York. UB's more than 28,000 students pursue their academic interests through more than 300 undergraduate, graduate and professional degree programs. Founded in 1846, the University at Buffalo is a member of the Association of American Universities.