Virginia business schools ranked in survey
- August 7, 2009
Two Virginia graduate business schools get high marks in a survey based on the salary boost that students get from their MBAs.
The University of Virginia’s Darden Graduate School of Business Administration ranked ninth and the College of William & Mary’s Mason School of Business was 49th in the survey by Forbes.com
The Web site ranked the top 75 graduate business schools in the U.S. based on students’ return on investment after five years. The study examined the experience of students who graduated in 2004.
Forbes.com says that students’ median salary before beginning their MBA studies was $60,000 at Darden and $44,000 at Mason. By 2008, those median salaries had climbed to $159,000 for Darden alums and $110,000 for Mason graduates.
To rank the schools, Forbes added up students’ total five-year compensation since graduation and then deducted the total cost of out-of-state tuition and fees for their MBA programs. The five-year gain was $50,000 for Darden graduates and $24,000 for Mason grads.