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BusinessWeek’s “2007 Best MBA Programs” list was published yesterday. The list included the top full-time, part-time and executive MBA programs, and open enrollment executive education programs in the U.S. Of greatest interest to me is always the part-time MBA programs. These are the programs specifically designed for career advancers, and job and career changers.

HOW THE RANKINGS WERE COMPILED

BusinessWeek obtained information on program cost, GMAT scores, work experience, class size, tenured faculty and completion rates from the schools.
They surveyed 3,209 part-time MBA students from 81 programs to get the student satisfaction score, part 1 of a 3-part score.
Part 2 of the 3-part score is a quality score that consists of 6 equally-weighted measures:

• Average GMAT score
• Average work experience of students
• Tenured faculty as a percent of all faculty
• Average class size in core business classes
• Number of business electives available to students
• Program’s completion rate

The final part of the 3-part score is the “post-MBA outcome” measure (Respondents were asked whether their program was “completely” responsible for them achieving their goals).

The Part-time MBA programs were ranked in order of their scores.

BUSINESSWEEK’S TOP 10 PART-TIME MBA PROGRAMS

1. UCLA (Anderson), Los Angeles
2. Emory (Goizueta), Atlanta
3. USC (Marshall), Los Angeles
4. Loyola Marymount, Los Angeles
5. Lehigh, Bethlehem, PA
6. Denver
7. Chicago
8. Loyola, Chicago
9. Worcester Polytechnic, Worcester, MA
10. Drexel (LeBow), Philadelphia

BEST PART-TIME MBA PROGRAMS FOR CAREER ADVANCERS (Best if you want to get promoted)

1. UCLA
2. USC
3. Nevada (Reno)
4. Boston College

BEST PART-TIME MBA PROGRAMS FOR CAREER CHANGERS (Best if you want to switch to a new career field)

1. Emory
2. Lehigh
3. Villanova
4. Elon (Love)
5. SMU (Cox)
6. Richmond (Robins)
7. Indiana University Southeast
8. Washington University (Olin)
9. Ohio State (Fisher)
10. Wake Forest (Babcock)
11. Rollins (Crummer)
12. Carnegie Mellon (Tepper)
13. NYU (Stern)
14. Houston (Bauer)
15. Texas (McCombs)

BEST PART-TIME MBA PROGRAMS FOR JOB CHANGERS (Best if you want to change jobs, not necessarily career fields)

1. Loyola Marymount
2. Denver
3. Chicago
4. Loyola
5. Worcester Polytechnic
6. Drexel
7. Boston University
8. Washington (Foster)
9. Georgia State (Robinson)
10. Washington University (Olin)
11. Texas (San Antonio)
12. U. Mass Amherst (Isenberg)

Other bits you need to know in order to select the best program for you:

Lowest-Cost Part-Time MBA Programs:

1. Nevada (Reno) - $176/credit hour
2. Texas (San Antonio) - $192/credit hour
3. Georgia State (Robinson) - $214/credit hour
4. Indiana University - $270/credit hour
5. Houston (Bauer) - $352/credit hour

STUDENT OUTCOMES:

% Students Reporting Salary Increase:

1. Emory - 76.3
2. Loyola - 70.6
3. Wake Forest - 69.8
4. Denver - 68.8
5. Villanova - 68.4
6. UCLA - 68.2

Average Salary Increase (%):

1. Texas (McCombs) - 51.5
2. Richmond (Robins) - 50.8
3. Worcester Polytechnic - 46.2
4. Nevada - 44.9
5. Indiana University - 44.1

Student Satisfaction:

1. UCLA
2. Emory
3. Chicago
4. Richmond
5. Worcester Polytechnic

Create your own rankings based on your individual criteria at BusinessWeek.com.Learn more about BusinessWeek’s rankings

Related Posts: Beyond Borders: Expand Your Career with Global Executive Education

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