The Mason School of Business at The College of William and Mary continues to be one of the best schools for return on investment, according to the Forbes Best Business Schools released today. The School of Business is listed 49th among U.S. schools with full-time MBA program. The complete ranking is published at the Forbes website.
"We are first and foremost focused on learning and interaction at the Mason School and we definitely believe in the long-term value of our efforts. We are pleased to be recognized for the value we impart to our alumni and through them to the business community,” said Mason School Dean Lawrence B. Pulley.
The Forbes ranking of MBA programs is based on the return on investment achieved by the graduates from the class of 2004. Approximately 17,000 alumni at 103 schools were surveyed for the ranking. They compared their earnings in their first five years out of business school to their opportunity cost (two years of forgone compensation, tuition and required fees). Forbes adjusted for cost of living expenses and discounted their earnings gains using a rate tied to money market yields.
Only two-year full-time MBA programs were included in the U.S. ranking.
The Mason School of Business has deep roots in history and traditions that have made the College of William and Mary one of the most distinguished universities in the nation.
Founded in 1693, the College is the second oldest university in the nation and educated many of the nation's Founding Fathers and leaders spanning five centuries, thus earning the name "alma mater of a nation." It ranks consistently among the top 10 public, undergraduate liberal arts colleges in the United States.
This same commitment to scholarship, service and ethics underscores the mission and curriculum of the Mason School of Business. The School educates the next generation of business leaders by offering a highly personalized, experience-based learning environment that fosters team-building skills, self-reliance, an entrepreneurial spirit and ethical character.
This pledge is expressed in the School's educational mission: "To nurture creativity, to mentor high-mindedness, to accelerate ambitions of leadership in our students that they might imagine the great business opportunities of the day and seize them."
In Fall 2009 the Mason School of Business will open its new facility, Alan B. Miller Hall. Designed by Robert A.M. Stern, Miller Hall will be the home of the active learning, collaboration, teamwork, and mentoring that define the William and Mary experience in undergraduate and graduate studies.