Enterprise-Record (Chico)

Business school earns spot among top institutio­ns

Princeton Review has placed university on its ‘best’ list every year since 2006

- By Ed Booth ebooth@chicoer.com

Keeping up the momentum it has had going since 2006, Chico State earned a spot in the Princeton Review’s “Best Business Schools for 2023.”

It has never left the list in its past 18 editions. The list names on-campus Master’s of Business Administra­tion programs recommende­d by the Princeton Review, an educationa­l services organizati­on based in Framingham, Massachuss­etts, about 25 miles west of Boston.

The Princeton Review provides test preparatio­n, admission resources and tutoring for students.

“We strongly recommend (Chico State) as an outstandin­g choice for anyone considerin­g earning an oncampus or online MBA” degrees, said Rob Franek, the Princeton Review’s editorin-chief who oversees the rankings. “The business school’s academic program is excellent and its experienti­al components are robust.

“Its students — on-campus as well as online — also have awesome opportunit­ies to interact with faculty and fellow MBA candidates from California and beyond.”

Chico State is one of 243 schools in the nation on the list, though schools aren’t individual­ly ranked. The university is one of 62 schools in the Western states that made the list.

According to the listing, Chico State has a 63% acceptance rate and received 2,035 applicatio­ns during the last reporting period. There are 112 people enrolled in the online program. The undergradu­ate grade-point average among its students averages 3.23 while the Graduate Management Admission Test — GMAT — average score is 570.

That test assesses certain skills an applicant needs for admission to a graduate management program such as the one Chico State offers for business students. The range of scores is 200 to 800.

Chico State MBA graduates earn an average of $71,588 annually, according to the Princeton Review’s collected data.

In addition, Chico State finds itself among some prestigiou­s institutio­ns on the list, including Stanford, Yale, Howard, Purdue and New York universiti­es. The Princeton Review describes its informatio­n as a tabulation “based on institutio­nal data the company gathers from administra­tors at business schools as well as surveys of students attending the schools who rate and report on their experience­s at them.

“The rankings for 2023 are based on surveys in 2021-22 of administra­tors at 397 business schools offering on-campus and/ or online MBAs, and surveys of 29,900 students enrolled in the schools over the past three academic years.”

The Princeton Review says the “Our Best On-Campus MBA” cohort includes 243 business schools the organizati­on selected using a combinatio­n of factors, including institutio­nal and student survey data. The data used includes career outcomes, admissions selectivit­y and academic rigor, among others.

“Within that cohort we report the top 10 business schools for each of 18 categories. The categories cover topics that we think prospectiv­e applicants might want to know or would ask during a campus visit, including academics, career prospects, and campus diversity,” the organizati­on’s website explains.

Also, Princeton Review does not attach numerical rankings to schools. “We believe that hierarchic­al ranking lists that focus solely on academics offer very little value to students and only add to the stress of applying to business school.

“We don’t have a ‘Best Overall Academics’ ranking list, nor do we rank the schools on a single list, because we believe each of the schools included offers outstandin­g academics,” the organizati­on explained.

 ?? JENNIE BLEVINS — ENTERPRISE-RECORD ?? Chico State senior and finance student Josef Rau investigat­es potential investment opportunit­ies on April 26, 2022, in the new FinTech lab at Glenn Hall at Chico State in Chico.
JENNIE BLEVINS — ENTERPRISE-RECORD Chico State senior and finance student Josef Rau investigat­es potential investment opportunit­ies on April 26, 2022, in the new FinTech lab at Glenn Hall at Chico State in Chico.

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