PHILADELPHIA--(BUSINESS WIRE via COLLEGIATE PRESSWIRE)--April 13, 2006--For the third consecutive year, Temple University's Fox School of Business & Management's International Business Graduate Program has been ranked in the top 20 (#18) in the nation by U.S. News & World Report in its 2007 "Best Graduate Schools" ranking released April 3, 2006. Also, for the third consecutive year, the Fox School's MBA Programs have risen in the rankings.
"This ranking recognizes The Fox School's outstanding one-year tri-continent International MBA Program, cutting-edge faculty research and teaching, and significant outreach efforts through our Institute for Global Management Studies (IGMS)," said Arvind Phatak, executive director of the IGMS. "And I'm proud that our already high rankings increase each year," he added.
Fox's international business program is supported by the high quality of its faculty, its high-profile Center for International Business and Research (CIBER)--one of only 30 such centers in the United States--and the prestigious journal it produces, the Journal of International Management, edited by renowned general and strategic management professor and Washburn Chair of International Business and Marketing, Masaaki "Mike" Kotabe.
Fox's International MBA (IMBA) Program, a unique immersion in three international cities--Paris or Mumbai, Philadelphia and Tokyo - on three different continents, is the centerpiece of the school's international graduate programs. In the IMBA program, students spend time at partner schools in France and India and in Philadelphia to work on consulting projects with entrepreneurs from around the globe before completing the program at Temple University's Japan campus.
In addition to its high rankings in international business, for the third year in a row, The Fox School's MBA program was ranked among the top 75 (#58) programs in the nation and among the top 20 public-urban programs in the U.S. The Fox School and the Wharton School, University of Pennsylvania, were the only Philadelphia-area full-time MBA programs ranked by U.S. News & World Report.
"We are pleased that U.S. News & World Report has again recognized the excellence of our MBA programs," said M. Moshe Porat, dean of
The Fox School. The Fox School's MBA programs have been ranked by U.S. News for the past five consecutive years.
The U.S. News survey measures an MBA program's quality and selectivity as well as the career success of its graduates to develop the rankings. Quality is assessed through a survey of business school deans and program directors and another survey of corporate recruiters. A school's selectivity is determined by the percentage of students who are admitted, the entering students' GMAT scores and their undergraduate grade point average. The ranking also factors in the career success of graduates as measured by average starting salary and bonus, and the percentage employed at time of graduation and three months out.
"Not only does this most recent U.S. News ranking identify our strength in international business, but it also highlights increasingly strong perceptions of our programs and graduates by corporate recruiters," said Robert F. Bonner, assistant dean of MBA & MS Programs. "Our rankings have been rising consistently each year, climbing almost 10 spots over the last three years. And the breadth and consistency of our high rankings is what our alumni, students and corporate stakeholders expect from Fox."
In fall 2005, U.S. News recognized the Fox School's MBA undergraduate program in risk management and insurance (RMI) as the seventh-best program in the nation and the school's undergraduate international business (IB) program as No. 16 out of more than 400 programs in the nation.
The Fox School of Business and Management, at Temple University, is the largest, most comprehensive business school in the greater Philadelphia region and among the largest in the world, with more than 5,500 students, 147 full-time faculty and 45,000 alumni. Recently, in January 2006, the Fox School MBA was ranked by Financial Times as one of the Top 20 programs among public universities in the U.S. and garnered a #1 ranking in "Value for Money" for public-urban universities. The Fox School was also the only U.S. school to be ranked in the Top 10 in all international categories and received a #1 ranking for international mobility. Accredited by AACSB International (The Association to Advance Collegiate Schools of Business), The Fox School's programs also are ranked internationally and nationally by leading business publications, such as The Princeton Review and Entrepreneur magazine. For more information, visit www.fox.temple.edu.
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