Business at Tulane

<p>I am interested in the business school at Tulane and have a couple of questions?</p>

<ol>
<li><p>Is the business program at Tulane good and looked highly upon by employers?</p></li>
<li><p>Why isnt Tulane ranked in USNWR?</p></li>
<li><p>How are the finance and the international business majors?</p></li>
<li><p>What is the average salary for graduates?</p></li>
</ol>

<p>Thanks and any other info would be appreciated.</p>

<p>1) Yes. I think Freeman was recently ranked 39th in the country for career placement.</p>

<p>2) Didn’t know it wasn’t. </p>

<p>3) Finance is their best concentration. I don’t know much about international business.</p>

<p>4) Average starting salary is around $53K with an average $6K signing bonus, if I’m remembering correctly.</p>

<p>cool…thanks. I meant that Tulane wasnt ranked in Businesweek or USNWR for business. Is there proof of these figures?? Thanks for your help!!!</p>

<p>Here are some links from past discussion threads that you might find very interesting:</p>

<p>Energy Trading Video from CNBC:
[Video</a> - CNBC.com](<a href=“http://www.cnbc.com/id/15840232?video=615836031&play=1]Video”>http://www.cnbc.com/id/15840232?video=615836031&play=1)</p>

<p>Tulane’s Finance Dept. ranked in Top 10 in World
[Tulane</a> University - Financial Times Names Tulane University Among World’s Top 10 Schools for Finance](<a href=“http://tulane.edu/news/releases/012808.cfm]Tulane”>http://tulane.edu/news/releases/012808.cfm)</p>

<p>Tulane’s Equity Research Program
[Freeman</a> School @ Tulane](<a href=“http://www.freeman.tulane.edu/burkenroad/whatis.php]Freeman”>About Burkenroad Reports - Freeman School | Tulane)</p>

<p>Tulane’s Darwin Fenner Program
[Freeman</a> School @ Tulane](<a href=“http://www.freeman.tulane.edu/fenner/]Freeman”>http://www.freeman.tulane.edu/fenner/)</p>

<p>I think (actually I know, but…) that you should completely put these rankings out of your mind. Hard to do, for sure, but they are pretty meaningless. First of all, if they were meaningful, then how come different people doing the rankings come up with such different results? Second, how can any ranking system know what is important to you? At the graduate level, where it is a bit more like a job, rankings mean little. At the undergraduate level, where your education and the overall experience you have is dependent on a numerous set of complex and overlapping factors, they mean even less.</p>

<p>While I won’t be as dismissive of looking at the performance of a school in how their graduates do in the job market afterwards, this depends a lot more on you than on where you went to school. None-the-less, Tulane should serve you well in that regard also. People will argue forever as to whether it is better to get a degree from a school geographically closer to where you hope to eventually settle, due to name recognition (unless you are talking Harvard or Princeton etc., of course) or if those markets tend to get saturated with grads from those schools and therefore coming into, say, the Pacific Northwest with a degree from Tulane is actually better.</p>

<p>Bottom line, forget all that stuff. Tulane is a very good school, and if you like it then that is what counts. Visit, go to some classes, stay over a night or two and get to know the place a little. If you like what you see compared to doing the same thing at 2 or 3 other top choices, then Tulane is for you. If you like somewhere else better, then that is great that you found that out. You will not only drive yourself crazy trying to assess schools by rankings and things like that, you will also be doing yourself a significant disservice.</p>

<p>Good Luck!</p>

<p>In addition to Tulane’s 2008 10th place Worldwide ranking for finance via Financial Times, Princeton Review ranked Tulane Finance in the top 15 (PR didn’t rank beyond who was in and who wasn’t) in March 2009. Others included Penn, NYU, Columbia, Cornell, Rice, and UChicago.</p>

<p>It’s not that Tulane did not make the Business Week rankings, as in they were below a certain number. They were unranked due to lack if response to the survey by recruiters.</p>

<p>From the Business week article:</p>

<p>"Response Rate Counts</p>

<p>Before determining the final ranking, we first had to review each school’s response rates on the student and recruiter surveys. Of the 137 programs that were eligible for ranking, a total of 36 were eliminated. Thirteen were eliminated for low response rates in the student survey: Auburn University, Florida State University, Howard University, Loyola College Maryland, Mercer University, Rochester Institute of Technology, State University of New York (SUNY) Buffalo, University of Alabama, University of Central Florida, University of Georgia, University of Hawaii, University of the Pacific, and Worcester Polytechnic Institute.</p>

<p>A further 17 were cut for low response rates in the recruiter survey: Butler University, Clarkson University, Creighton University, East Tennessee State University, Illinois State University, Ohio Northern University, Seattle University, Seton Hall University, SUNY Geneseo, St. Louis University, The College of New Jersey, Tulane University, University of Denver, University of Kentucky, University of Louisville, University of Vermont, and West Virginia University. An additional six schools were eliminated because of low response rates on both surveys: California Lutheran University, Elon University, Iona College, Pacific Lutheran University, University of Tulsa, and University of Utah.</p>

<p>For the 101 schools remaining, the student survey score counts for 30% of the final ranking, with the recruiter survey score contributing 20%. Starting salaries and the MBA feeder school measure contribute 10% each. The academic quality measure supplies the remaining 30%"</p>

<p>I’m not sure why they have a problem with recruiter response but, it is a a little misleading that they are “unranked” as it appears they are not as good as other schools statistically when really they didn’t even have a horse in the race.</p>

<p>That being said it would be nice if this problem could be corrected in future years as it really does deter prospects from looking at the program. We almost made that mistake.</p>

<p>Just another example of why the focus on ratings is complete BS.</p>