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Press Release

Deb Magness or Michael B. Laffin
412-268-8678, 412-268-3486

For immediate release:
September 9, 2002

Carnegie Mellon MBA Ranked No. 3 Worldwide by Wall Street Journal
Seven concentrations recognized for academic excellence

PITTSBURGH—The Wall Street Journal today announced that Carnegie Mellon's MBA program ranks third among 260 full-time MBA programs worldwide. This year's survey and rankings represent the opinions of 2,221 corporate recruiters. It is the second consecutive year that Carnegie Mellon has ranked among the top three.

"The Wall Street Journal ranking again confirms what we have always known about the caliber of our students and alumni," remarked Carnegie Mellon business school Dean Kenneth B. Dunn. "It is influential because it comes from recruiters who know firsthand that Carnegie Mellon is a source of academic innovation and unparalleled technology in business education as well as a program that produces global business leaders."

Carnegie Mellon's MBA also was recognized for excellence in seven of 11 academic concentrations: operations management (No. 1); e-commerce (No. 2); information technology (No. 2); quantitative analysis (No. 3); finance (No. 4); entrepreneurship (No. 5); and strategy (No. 9). It also is listed as the No. 2 MBA in the east, the No. 2 private school, the No. 2 small school and the No. 1 school among MBA recruiters in the technology sector.

The extensive questionnaire sent to recruiters contained questions on school attributes (such as quality of past hires, faculty expertise and content of core curriculum) and student attributes (such as leadership potential, analytical and problem-solving skills, and strategic thinking).

The top five MBA programs include: Dartmouth College (Tuck), University of Michigan, Carnegie Mellon, Northwestern University (Kellogg) and University of Pennsylvania (Wharton). The special rankings report and related information can be found on the Wall Street Journal's Web site at

The Carnegie Mellon MBA program at the Graduate School of Industrial Administration is one of the world's highest-rated graduate business degree programs, featuring an analytic approach to global business management. Founded in 1949, it is recognized as the pioneer of quantitative problem solving with a reputation for creating new ways to transfer knowledge. The school's groundbreaking research, particularly in the areas of corporate finance, global macroeconomics and operations research, continues to serve as the basis for business decisions and academic research. For additional information, visit


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