The University of Akron College of Business Administration (CBA) has been named by Bloomberg BusinessWeek as one of the best undergraduate schools in the nation. In the magazine’s 2010 annual ranking of undergraduate business programs in the United States, UA was ranked in the top 100 nationally and is the only business program at a public university in Northeast Ohio in the top 100. There are more than 1,600 undergraduate business programs in the U.S.
Compared to last year, CBA made a big leap from 93 in 2009 to 76 in 2010. In addition, the college was ranked #7 in the U.S. in recruiter satisfaction.
BusinessWeek bases the ranking on the academic quality of the programs, post-graduation outcomes for students, recruiter satisfaction and nine measures of student satisfaction.
Academic quality is calculated by combining SAT scores, student-to-faculty ratios, class size, the percentage of students with internships and the number of hours students devote to coursework. Post-graduation outcomes are measured by median starting salaries for graduates and the number of graduates each programs sends to top MBA programs.
For the satisfaction ratings, BusinessWeek surveyed nearly 88,000 graduating seniors on topics ranging from quality of teaching to recreational facilities. They polled more than 700 corporate recruiters for companies that hire thousands of business majors each year. The magazine asked which programs turn out the best graduates, and which schools have the most innovative curricula and most effective career services.
“The ranking of CBA by BusinessWeek reflects well on our excellent faculty, staff and students,” says acting CBA dean Ravi Krovi. “Although the pursuit of rankings is not an explicit goal of CBA, we recognize that such rankings provide validation to the quality of our programs and are an important factor for potential students, alumni and the businesses that hire our graduates.”
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