GEORGE MCCRORY
300 Plaza Centre One
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
e-mail: george-mccrory@uiowa.edu

Release: Jan. 22, 2003

Financial Times ranks UI MBA program among top in the world

The Financial Times of London has ranked the Tippie School of Management at the University of Iowa 52nd among the top full-time MBA programs in the world.

Published Jan. 20, the rankings highlight the top schools among the 1,500 MBA programs in the world. The Tippie School's rank placed it 36th among U.S. programs and 15th among programs at public U.S. universities.

The rankings of each school were determined by its performance in three broad areas: the career progression accrued from the MBA and its purchasing power in the marketplace; the diversity of its students and faculty; and its research productivity.

The Tippie School ranked 19th in increased earning power of its alumni, a major factor in the program's high placement in the rankings. On average, graduates of the program earn an 185 percent increase from the start of an MBA to three years after graduation, according to Gary Gaeth, associate dean of MBA programs in the Tippie School of Management.

"The Financial Times is influential in many areas of the world, including Europe, Asia and Latin America," Gaeth added. "We have a good representation of international students in our program, and this ranking helps us attract high-quality students from around the world."

Gaeth said the ranking also reflects well on the talented, research-oriented faculty at the Henry B. Tippie College of Business. "We've created an environment where students can capitalize on the synergy between quality MBA teaching and exceptionally productive faculty," he said.

The rankings are available on the Financial Times website at http://ftcareerpoint.ft.com/BusinessEducation.

The Tippie School of Management offers three MBA programs designed to enhance professional education: a full-time MBA; the evening MBA for part-time students in Des Moines, Newton, Cedar Rapids and the Quad Cities; and the executive MBA, with programs in Iowa City and Des Moines. The Tippie School offers a Dual Master's Degree Program for engineers, in conjunction with Iowa State University and an International Executive MBA program in Hong Kong. The Tippie College of Business, accredited by the Association to Advance Collegiate Schools of Business (AACSB), is consistently ranked among the top business schools in the world. It provides instruction in a personalized setting with easy access to qualified faculty and staff, and its programs utilize the latest technology to ensure that students receive a comprehensive management education that will help them succeed in today's competitive world.

For more information about Tippie School of Management programs, call (319) 335-1039 or see its website at http://www.biz.uiowa.edu/mba