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Press Release

Contact:
Teresa S. Thomas
412-268-3580

For immediate release:
September 13, 2002

Carnegie Mellon University Moves to 21st in U.S. News & World Report Annual Survey

PITTSBURGH—Carnegie Mellon's overall undergraduate program ranked 21st in U.S. News &World Report magazine's annual survey of national universities for its "America's Best Colleges" edition, which will hit the newsstands on Sept. 16.

Carnegie Mellon moved up two spots from last year's rating to tie for the 21st spot with Vanderbilt University.

Carnegie Mellon's undergraduate business and engineering programs retained their top 10 rankings. The business and engineering programs again ranked seventh best in the nation. U.S. News & World Report annually ranks undergraduate programs in business and engineering as well as specialty areas in those disciplines.

In business specialty offerings, Carnegie Mellon ranked first in electronic commerce programs, and second in three other categories: management information systems, production operations management, and quantitative analysis and methods.

In the engineering specialties, Carnegie Mellon ranked second in computer engineering.

"We are pleased to again have a strong showing for Carnegie Mellon University. Surveys are just one measure of the overall excellence of our educational programs, but these rankings confirm what we know — that Carnegie Mellon and our specialty programs rank among the best in the nation," said Carnegie Mellon President Jared L. Cohon.

The overall ratings were determined by several measures including peer assessment (25%), graduation and retention rates (20%), faculty resources (20%), student selectivity (15%), financial resources, or spending per student (10%), graduation rate performance, described as the difference between actual and predicted graduation rates (5%) and alumni giving rates, which the magazine describes as an indirect measure of satisfaction (5%).

Princeton University was again this year's top-rated national university. Harvard University and Yale University tied for second place, followed by a fourth-place tie among California Institute of Technology, Duke University, the Massachusetts Institute of Technology (MIT), Stanford University and the University of Pennsylvania.

For a complete look at the rankings visit the Web at www.usnews.com.

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