Michigan's Ross School of Business|
students celebrate #1 ranking by the
Wall Street Journal.
Wall Street Journal Ranks Ross School of Business # 1
Recruiters applaud Michigan's emphasis on real world experience.
ANN ARBOR, Mich. The Stephen M. Ross School of Business at the University of Michigan was named the No. 1 business school in the nation by the Wall Street Journal and Harris Interactive this morning.
The news was broadcast live by CNBC from the Ann Arbor business school campus minutes before students started 8:30 a.m. classes. An enthusiastic crowd of more than 130 students, faculty and staff gathered in the Alessi Courtyard for the announcement, which was greeted with cheers, whistles and chants of "Go Blue."
"Many members of our community work to ensure an outstanding educational experience for our students," says Dean Robert J. Dolan. "This ranking is a terrific tribute to their work and the great students who come to the school."
Wall Street Journal reporter Ron Alsop cited the Ross School's focus on practical experience. Corporations expect new hires to be ready to hit the ground running their first day on the job and corporate recruiters say Michigan's emphasis on real world experience prepares them, Alsop reported.
"Michigan is on a roll," Alsop added. He cited the Sept. 9 announcement of a $100 million gift to the school from New York real estate developer Stephen M. Ross,
who earned his BBA from Michigan in 1962. It is the largest donation ever to a U.S. business school and the largest gift to the University in its 187-year history. The Board of Regents met in a special session on Sept. 9 to rename the school the Stephen M. Ross School of Business.
Other national schools ranked among the top five by corporate recruiters in the Wall Street Journal rankings survey, which will be featured in tomorrow's edition: Carnegie Mellon (Tepper) No. 2, Dartmouth (Tuck) No. 3, University of Pennsylvania (Wharton) No. 4 and the University of Chicago No. 5.
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