August 17, 2007

Forbes Ranks Neeley Among Best Business Schools 2007


In Forbes magazine's fifth biennial ranking of business schools, the Neeley School of Business at TCU is highlighted as one of the Best Business School 2007. The ranking is based on surveys on return on investment-meaning compensation five years after graduation minus tuition and the forgone salary during school-for graduates of the class of 2002.

"We have always maintained that Neeley graduates get a high return on investment," said Daniel G. Short, Dean of the Neeley School. "This ranking by Forbes emphasizes that benefit."

Dean Short went on to say that, because Neeley is a small, private school, "sometimes we feel like the best kept secret of business schools, so we are pleased to be among the elite schools ranked by such a prestigious publication." 

Forbes sent surveys to 18,500 alumni of 102 MBA programs around the world. For U.S. rankings, only two-year programs were eligible. Alumni were asked for their pre-MBA. salaries as well as compensation figures for three of the first five years after getting their degrees. Forbes compared post-MBA compensation with their opportunity cost (tuition and forgone salary while in school) and what they would have made had they stayed in their old jobs. They adjusted for cost-of-living expenses and discounted the earnings gains, using a rate tied to money market yields.

Dartmouth (Tuck), Stanford, Harvard, Virginia (Darden) and Pennsylvania (Wharton), Columbia, Chicago, Yale, Northwestern (Kellogg) and Cornell (Johnson), were the top 10 business schools in the ranking, which listed the top 56. Neeley ranked #52.

The nationally ranked Neeley School of Business at TCU focuses on personal development, vital connections and real experiences. High functioning classrooms and calculated career development give students the platform to succeed.

Renowned faculty, major corporations and leading executives connect to share winning business practices. Students work for real clients to solve critical challenges. Neeley is consistently recognized among the best business schools in the country by The Wall Street Journal , BusinessWeek , Forbes , U.S.News & World Report and The Princeton Review. From skills and strategies to team dynamics and global expeditions, we make sure Neeley graduates are trailblazing business leaders - each in their own individual way.

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MEDIA CONTACT
Elaine Cole
PR Manager
Neeley School of Business at TCU
817-257-5724
e.cole@tcu.edu