Forbes ranks Neeley School of Business at TCU among best business schools 2007

Fort Worth, TX

8/20/2007

In Forbes magazine’s fifth biennial ranking of business schools, the Neeley School of Business at TCU is highlighted as one of the Best Business Schools 2007. The ranking, which appears on Forbes.com, is based on surveys on return on investment—meaning compensation five years after graduation minus tuition and the forgone salary during school—for graduates of the class of 2002.

“We have always maintained that Neeley graduates get a high return on investment,” said Daniel G. Short, dean of the Neeley School. “This ranking by Forbes emphasizes that benefit.”

Dean Short went on to say that, because Neeley is a small, private school, “sometimes we feel like the best kept secret of business schools, so we are pleased to be among the elite schools ranked by such a prestigious publication.”

Forbes sent surveys to 18,500 alumni of 102 MBA programs around the world. For U.S. rankings, only two-year programs were eligible. Alumni were asked for their pre-MBA salaries as well as compensation figures for three of the first five years after getting their degrees. Forbes compared post-MBA compensation with their opportunity cost (tuition and forgone salary while in school) and what they would have made had they stayed in their old jobs. They adjusted for cost-of-living expenses and discounted the earnings gains, using a rate tied to money market yields.

Dartmouth (Tuck), Stanford, Harvard, Virginia (Darden) and Pennsylvania (Wharton), Columbia, Chicago, Yale, Northwestern (Kellogg) and Cornell (Johnson), were the top 10 business schools in the ranking, which listed the top 56. Neeley ranked number 52.

For more information on Neeley, visit www.neeley.tcu.edu