The University of Oklahoma’s MBA programs have received their highest rankings in the last 15 years from U.S. News and World Report, just two years after their relocation to Oklahoma City’s Innovation District. According to the new report, OU’s full-time program rose 18 spots to 58th in the nation, while the professional part-time program rose eight spots to 52nd. The rankings place OU’s programs among the Top 35 public universities that offer MBA programs, with the full-time MBA receiving a rank of 31st and the professional part-time MBA a rank of 29th.
The programs are housed in the Gene Rainbolt Graduate School of Business at OU’s Michael F. Price College of Business, which operates across all three of OU’s campuses in Norman, Oklahoma City and Tulsa.
“The Michael F. Price College of Business is proud to be a growing part of the excellence occurring at the University of Oklahoma,” said Daniel W. Pullin, dean of the Michael F. Price College of Business. “Though our rankings climb cannot fully capture the impact our faculty, students and stakeholders make each day, this latest recognition indicates the growing momentum generated by OU’s Gene Rainbolt Graduate School of Business at Price College.”
The full-time MBA program saw a 15 percent increase in peer evaluation scores and a 9 percent increase in recruiter scores. Fueling these scores were increases in the average starting salaries of graduates, at about $77,000, and the employment rate three months after graduation, which rose to 92.3 percent at an increase of 18 percent. Similarly, the professional MBA also saw increases in peer evaluations of 9 percent, an increase in the average GMAT scores of incoming students, and a 15 percent increase in enrollment with these higher academic qualifications.
Catherine Hyland, who will graduate this spring with an MBA and MS in management of information technology degree, was drawn to OU’s MBA program after visiting the state.
“The OU MBA program has prepared me to reenter the workforce with a more thorough understanding of the unique privilege and obligation that comes with being a U.S. businessperson in an increasingly global world. As I start out on a new career path in consulting, I am excited to apply all that I have learned throughout my time as an OU MBA student.”
Relocating both MBA programs to Oklahoma City played an important role in the rankings increase. The university opened the 27,000 square-foot facility for the Gene Rainbolt Graduate School of Business in Oklahoma City at OU’s University Research Park on the Health Sciences Center campus in 2017. Anchored between the downtown energy and financial sectors to the west and the growing healthcare and aerospace sectors to the east, the facility now is home to OU’s full-time and professional part-time MBA programs, growing executive education programs and the Oklahoma City locations for the Ronnie K. Irani Center for the Creation of Economic Wealth and the Office of Technology Development, two components of the college’s Entrepreneurship and Economic Development Division.
“Two years ago, our faculty and alumni showed vision and courage to relocate our flagship graduate programs to where our students and employers need them the most,” Pullin said. “This move allowed our students to be mentored directly by both our faculty and relationships built with executives at Oklahoma City’s top energy, healthcare and aerospace companies, many of which are located blocks away from the state capitol. ”
In addition to residential full-time and professional part-time MBA programs, the Price College of Business offers master’s degrees in accountancy and management of information technology, with accelerated B.B.A. offerings for both, as well as an online master’s in accountancy. Price also offers doctoral degrees in seven specializations. Overall, Price College programs are featured in 28 different national and global business school rankings.