MSU’s Eli Broad College of Business ranked No. 1 nationally and No. 2 worldwide in placement success for graduates, according to a Financial Times MBA ranking released Monday.
The report highlighted alumni career progress, diversity and idea generation.
MSU’s MBA program, which did not make the cut in last year’s Financial Times report, has put a greater emphasis on career placement in the last few years, Eli Broad College of Business professor Vallabh Sambamurthy said.
The business school ranked No. 77 globally in the MBA program category. According to the survey, 84 percent of graduates were employed within three months of leaving MSU and made an average salary of about $98,800.
Sambamurthy said he is not surprised the program received such high rankings, as the college has been doing all the right things when it comes to recruitment and academics.
“We get the right students, teach them the right skills and place them in the right jobs,” Sambamurthy said.
Stanford Graduate School of Business, Harvard Business School and the University of Pennsylvania Wharton School were the top three MBA programs on the list.
Northwestern University’s Kellogg Graduate School of Business and the University of Michigan Ross School of Business topped the list of Big Ten MBA programs at No. 16 and No. 29, respectively.
Broad ranked No. 10 in overall rankings in comparison to other Big Ten schools, with a higher score than the University of Iowa’s Henry B. Tippie College of Business of Iowa’s Henry B. Tippie College of Business. The University of Nebraska was not on the list of top 100 programs.
Students in the MBA program begin working with the Eli Broad College of Business MBA Career Services Center shortly after they commit to attending the college for their MBA. Employers typically arrive to campus by Sept. 1 in order to recruit students for summer internships between the first and second year of their MBA program, Eli Broad College of Business MBA Career Services Center Director Jeffrey McNish said.
“This means new students must be able to fully engage their job search by Sept. 1,” McNish said.
“If a student converts their internship into a full-time offer upon graduation, we will help those students negotiate that offer.”
Each fall, the MSU MBA Association works with career services to bring in recruiters to meet with students. This year, representatives from big-name companies such as Nike, Goodyear and Kellogg’s came to network with the college.
MSU MBA Association President and second-year MBA student Shannon Blakely said job placement was high on her priority list when she was looking for schools, and she knew if she came to MSU, she would have support to guide her in the right direction to meet her career goals.
“For me, it was about the people who were at the school, and I felt the people at Broad were just so down to earth and that we would be great teammates,” Blakely said.