Strome College of Business MBA Ranked Nationally by Bloomberg Businessweek
October 20, 2015
Old Dominion University's part-time MBA program in the Strome College of Business is ranked 69th nationally in Bloomberg Businessweek's 2015 rankings of the best business schools.
Released Tuesday, the rankings include 74 U.S. full-time business programs, 74 part-time programs and 29 international full-time MBA programs.
In its report, Bloomberg Businessweek said the part-time rankings are calculated using student and alumni survey scores.
Student survey and alumni survey scores were standardized using mean and standard deviation and combined to create final rankings. Each accounted for 50 percent of the program's overall score.
This is the highest ranking Old Dominion has achieved in the annual Bloomberg Businessweek analysis.
"This type of recognition really reflects the long-term commitment by the Strome College of Business faculty to high quality graduate education, and the dedication to serving the needs of professionals - whether members of the military or the private sector," said Jeff Tanner, dean of the Strome College of Business.
Bloomberg Businessweek noted, "part-time MBA programs differ from traditional two-year MBA programs mainly because of their students, who often require flexibility and want to use the degree to advance within their company.
"They tend to be a little older than full-timers, and more than half return to their pre-MBA job, compared with one in 10 full-time graduates," the magazine stated.
Harvard is ranked No. 1 among full-time MBA programs, the University of Western Ontario is No. 1 among full-time international MBA programs, and Northwestern is top-ranked among part-time MBA programs.