Rutgers Business School placed highly for entrepreneurship in new ranking

Rutgers Business School’s MBA program finished in the Top 25 for entrepreneurship in a new ranking, the school said Monday.

The global ranking by Poets & Quants and Inc. magazine placed Rutgers at No. 24 in the world, making it the No. 1 public MBA for entrepreneurship in the Northeast and No. 1 among public, East Coast business schools, Rutgers University noted in a news release.

“The ranking shows the strength of our faculty knowledge and the MBA curriculum that is imprinted on our MBA students,” Dean Lei Lei said in a prepared statement. “In the face of the fast-changing world of technology, digitization and the ‘Disruption Era,’ this specialty ranking is more important than ever.”

In addition to being the only New Jersey college in the Top 50 rankings, Rutgers ran neck-and-neck with Columbia University, at No. 23, and ahead of the University of Pennsylvania’s Wharton School, among others.

One of the key factors in the ranking was the percentage of MBA students who launched businesses after graduation. Other factors included percentage of electives with 100% of the curriculum focused on entrepreneurship or innovation, total startup award money available to MBAs, and percentage of full-time faculty teaching an entrepreneurship or innovation course.

“This ranking demonstrates the strength of the entrepreneurial ecosystem around Rutgers Business School,” Doug Miller, associate dean for MBA programs, said in a statement. “When our MBA students want to start a business, or just learn how to be entrepreneurial in their corporate role, they can draw on our centers and faculty, coursework and technology from across the university, the startup accelerator right in our Newark building, and a large network of alumni and investors.”

Washington University in St. Louis’ Olin Business School ranked first overall.