Athens, Ga. — The Executive MBA program at the University of Georgia's Terry College of Business received its highest ranking to date in a global survey published Oct. 27 in the Financial Times, one of the world's leading business news organizations.
The Terry Executive MBA is ranked 22nd in the United States and 59th in the world, according to the Financial Times' annual ranking. The Terry EMBA made the most significant improvement of any program ranked the past two years, rising 18 spots in this year's ranking. Emory's Goizueta Business School is the only other ranked executive MBA program in Georgia (18th in the U.S., 53rd in the world).
Terry's "Career Progress" rank was third highest nationally and 13th in the world. This measurement calculates the change in the level of seniority and the size of the company graduates work for now versus the period before they entered the EMBA program.
The average salary reported by graduates three years after completing the program was $153,750, which ranked 19th among U.S. business schools. Similarly, Terry ranked 20th in average salary growth when 2005 graduates were asked to compare their current salaries with their pre-EMBA salaries.
Terry's Executive MBA program was established in 2001. The program moved to its current location at the Terry Executive Education Center in Buckhead in 2005.
"As a relatively new program in Atlanta, the Terry EMBA is already well known for quality," said Terry College Dean Robert T. Sumichrast. "Most gratifying in the Financial Times survey were the high scores reported by our EMBA graduates who were asked how their careers had advanced since completing the program and how well they had fulfilled their goals when they set out to get an MBA."
For the measure "Aims Achieved," the Terry EMBA ranked 22nd in the world and seventh best in the United States. The "aims achieved" measurement quantifies the extent to which EMBA graduates reported fulfilling their most important goals for pursuing an MBA.
"The Terry EMBA emphasizes personal leadership development and the practical application of management concepts and skills to real business settings," said Richard Daniels, director of the Executive MBA program. "The rankings illustrate that such an approach creates value for employers and has a real impact on the career trajectory of our participants."
Now in its eighth year, the Financial Times ranking is compiled using data from two sets of surveys. One is completed by alumni who graduated three years ago from the EMBA programs the Financial Times considered for the ranking. The other survey is completed by the business schools.
The Terry College's Executive MBA degree is an 18-month program based in Buckhead, geared toward mid-level professionals to senior managers. The format combines weekend class sessions with asynchronous interaction using distance learning technologies. The program offers personalized service, individual leadership coaching, and a 12-day international residency.
For more information about Terry's Executive MBA, Evening MBA (offered in Buckhead and Gwinnett County), and Full-Time MBA (in Athens), go to mba.terry.uga.edu.