The Labovitz MBA program in Rochester, offered by the University of Minnesota Duluth, was ranked No. 2 in the state and No. 74 nationally by U.S. News & World Report in its recently released 2020 Best Graduate School Rankings for part-time MBA programs.
In Minnesota, the Labovitz MBA is second only to the Carlson School of Management at the University of Minnesota Twin Cities. Its national ranking puts it among the top 30 percent of all part-time programs ranked by the magazine.
Shanna Lunasin, coordinator of the MBA Rochester program, said the value of such rankings is in the visibility it gives to the program.
“We in the program know our quality, but now the general public will also know it,” she said. “It’s as good for schools as it is medicine.”
The Rochester executive-format program is currently taken by 40 students who meet every other weekend and are taught face-to-face by UMD instructors who drive to Rochester to teach the class.
The No. 74th ranking for the Labovitz MBA program tied it with Baruch College, Rutgers, Tulane University, University of Colorado Denver and University of Delaware. A total of 323 part-time MBA programs were surveyed, with 287 included in the rankings.
Lunasin said that there are six MBA programs offered in Rochester but only three of them are ranked, including Carlson, Labovitz and the University of St. Thomas.
To be ranked by U.S. News & World Report, a program must be accredited by the Association to Advance Collegiate Schools of Business and enroll more than 20 students. Also considered are GMAT/GRE scores, undergraduate GPAs, students’ work experience, and peer assessments of program quality.