Businessweek Ranks Best Part-Time, EMBA Programs

An uncertain job market and increased reluctance to take on enormous amounts of student loan debt are just two of the reasons cited by Bloomberg Businessweek for the recent surge in interest in part-time and executive MBA programs. According to a Graduate Management Admission Council application trends survey published this summer, more than 40 percent of part-time and executive programs have seen an increase, while applications to full-time programs have dipped at more than two-thirds of responding schools.

For the 2011 Best Part-Time MBA and Best EMBA rankings, Bloomberg Businessweek surveyed 10,000-plus recent graduates from both types of programs at more than 100 B-schools. Among the part-timers, 58 percent identified themselves as either a job changer or a career switcher, which means access to the MBA career office is in especially high demand.

Top Five Part-Time MBA Programs

  1. Elon University’s Love School of Business
  2. UCLA Anderson School of Management
  3. Carnegie Mellon Tepper School of Business
  4. University of Nevada, Reno
  5. UC Berkeley Haas School of Business

Top Five Executive MBA Programs

  1. Chicago Booth School of  Business
  2. Columbia Business School
  3. Kellogg School of Management
  4. IE Business School
  5. UCLA Anderson School of Management

Only 19 percent of respondents to this year’s EMBA survey were completely funded by their employers, down from 32 percent in 2007, says Bloomberg Businessweek. And 42 percent paid their entire tuition on their own, vs. 28 percent four years ago. According to the survey, prospective EMBAs want more than just strong core business teachings; they want access to classes in areas such as entrepreneurship, career advancement, and leadership.

Avid rankings watchers will no doubt notice that this latest EMBA ranking features a shakeup at the very top. Bloomberg Businessweek reports that the University of Chicago’s Booth School of Business has captured the No. 1 spot for the first time since the ranking began 20 years ago, ousting Chicago-area rival Northwestern’s Kellogg School of Management, which until now was the only No. 1 school in the ranking’s history.

Click through the links above to read the complete rankings for each category. To learn what criteria Bloomberg Businessweek uses to rank the schools, read this explainer.

 

 

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