BLACKSBURG, Va., Jan. 25, 2005 – The MBA program at Virginia Tech's Pamplin College of Business was ranked 36th overall among U.S. business schools in the Financial Times 2005 rankings of full-time MBA programs. The college improved its position from 43rd a year ago.
Among the notable sub-categories, Pamplin ranked 4th in "percentage salary increase" MBA graduates received, an indicator of alumni career development and purchasing power.
The rankings are based on data reported to the London-based Financial Times by the institutions and their alumni who graduated three years ago, an independent evaluation of each school's research capabilities, and salary data from the previous two surveys. Twenty criteria are used to determine the overall rankings. In addition to alumni career progress, the data obtained and criteria used provide an overview of the school's research productivity and the diversity of its students, faculty, and advisory board.
A total of 127 full-time MBA programs in the United States, Europe, Asia, and elsewhere were ranked. The college's global ranking was 58th.
In addition to the full-time MBA program in Blacksburg, Virginia Tech offers a part-time MBA program and an executive MBA program in metropolitan Washington, D.C. The part-time MBA also is available at five other locations in Virginia via distance-learning technology.
Virginia Tech's nationally ranked Pamplin College of Business offers undergraduate and graduate programs in accounting and information systems, business information technology, economics, finance, hospitality and tourism management, management, and marketing. The college emphasizes the development of leadership skills and ethical values, the integration of technology in the academic curriculum, and prepares students for global business challenges through faculty-led study abroad programs. The college has research centers that focus on business leadership, electronic commerce, energy modeling, and wireless telecommunications. The college is committed to serving business and society through the expertise of its faculty, alumni, and students.