University Times

The Financial Times, a London-based business news organization with a print and online readership of 1.3 million people, has ranked the full-time MBA program at the Joseph M. Katz Graduate School of Business first in the United States for the third consecutive year in the “Best Value for the Money” category.

The program was ranked eighth in the world in that category.

The Katz school’s program was ranked ninth among public U.S. universities in overall rankings, up from 27th last year. In overall worldwide rankings, the Katz school’s program moved from 56th last year to 25th this year, tied with Rice University’s Jones Graduate School of Management.

A total of 157 business schools that met the criteria for participation were included in the Financial Times compilation.

To be eligible, a business school had to be internationally accredited by a body such as the Association to Advance Collegiate Schools of Business, the Association of MBAs or the European Quality Improvement System; have a full-time MBA program that has been running for at least five years, and have graduated its first class at least three years ago.

To aid in the accuracy of its ranking process, the Financial Times, through its independent auditor, conducted random audits of the data submitted by schools.

The other U.S. public institutions ranked in the top nine were the University of Michigan, Emory University, the University of Virginia, UCLA, the University of California-Berkeley, the University of Arizona, the University of Maryland, the University of North Carolina and the University of Texas-Austin.

Among the other Pennsylvania institutions in the worldwide rankings, Penn was ranked 1st, Carnegie Mellon was 24th and Penn State was 34th.