Published October 11, 2013
Forbes magazine has once again ranked the 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.
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 UB.
“This ranking demonstrates that our graduates achieve a high level of success in their careers,” says Arjang A. Assad, dean of the 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.