The UC Riverside School of Business increased 20 positions in a U.S. News & World Report 2024 graduate school ranking released this week. UCR’s business school was the benefactor of a methodology change this year that places greater emphasis on post-graduation earnings and how quickly graduates found jobs.
The School of Business’ Master of Business Administration program ranked No. 90 on the business school list, released Tuesday, April 9. Though 506 accredited institutions were canvassed, only 124 U.S. graduate-level business programs provided sufficient information on post-graduation earnings and job placements to merit inclusion on the U.S. News list.
“The school’s ascent in the rankings is a testament to its strategic initiatives, such as the expansion of its facilities and the enhancement of its academic offerings, which align with the evolving demands of the global business landscape,” said Rami Zwick, associate dean of graduate programs for the School of Business.
The rankings released this week are based in part on reputational surveys sent to more than 15,000 academics and industry professionals, including corporate recruiters. In the surveys, deans, program directors, and senior faculty are asked to judge the academic quality of a program.
In addition to the surveys, scoring factors selectivity — gauged by graduate exam test scores; undergraduate GPA, and acceptance rate.
About half of the score is based on a change this year that places greater emphasis on earnings — assessing post-graduate salaries by profession — and successful job placement. The revised job placement metric rewards business schools when their graduates get jobs quickly — either when they graduate or within three months of graduation.
Separately, the business school’s part-time MBA program was ranked No. 73, an increase of three positions from the past year. That ranking was among 269 universities.
In fall 2024, the School of Business will mark the 55th anniversary of its founding and the 30th anniversary of the A. Gary Anderson School of Management with the opening of a new 63,400-square-foot academic building.
UCR’s School of Education was ranked No. 86 out of 237 positions in the graduate school rankings, which considered only doctoral-level education programs. Last year, the school ranked No. 80.
The education rank is based on research expenditures; assessments by education-school and graduate-school deans and by professionals including recruiters and school superintendents; total degrees awarded; student-faculty ratio; faculty awards; and selectivity, measured by acceptance rates.
U.S. News this week postponed publication of its rankings for medical and graduate engineering programs after some universities questioned the rankings methodology for those programs.
U.S. News & World Report, the standard-bearer among college rankings, publishes its anticipated undergraduate rankings every fall. In the most recent rankings, released in fall 2023, UCR climbed 13 positions to No. 76 overall among U.S. private and public universities. UCR was ranked No. 2 nationally in social mobility, which considers the degree to which a university elevates its graduates to a higher standard of living.