Although nationwide there are 540 business schools accredited by the Association to Advance Collegiate Schools of Business (AACSB), only 93 programs made the BusinessWeek list. Among New Jersey schools, Rutgers New Brunswick-based program is the only one ranked as one of the best.
The program achieved particularly high marks for its academics, the quality of its students, the preparedness of its students for work and graduate school, and for giving students a strong return on their tuition dollar.
For return on investment, Rutgers was ranked #8. The program was also ranked #10 by corporate recruiters, #18 for its skill in landing internships for its students, #27 for academic quality and #29 among MBA feeder schools, indicating that a high number of graduates move on to a top MBA program. In addition, BusinessWeek concluded that Rutgers is distinguished by its dedicated, high-caliber student body.
The final ranking is based on an index number which represents the sum of five ranking measures. A survey of nearly 80,000 business majors at top schools counted for 30% of the final ranking, while a poll of undergraduate recruiters contributed 20%. Starting salaries for graduates counted for 10%, as did an MBA feeder school measure that gauged which schools send the most grads to 35 top MBA programs identified in previous BusinessWeek rankings. An academic quality score a combination of five measures including average SAT scores and faculty-student ratios contributed the remaining 30%.
For information about Rutgers Business SchoolNewark and New Brunswick, including undergraduate and graduate programs, visit rbs.