As part of the 2013 Best Undergraduate B-Schools ranking, Bloomberg Businessweek asked undergraduate business students from the Class of 2013 to tell us, via an online survey, about the full range of their business school experience, from getting in to getting a job. One section of the survey singled out specific aspects of the business program and asked the students to grade them on a scale from A to F. Over the next few weeks, we will publish the top 10 B-schools in each of 10 specialty areas, from accounting to entrepreneurship, culminating with publication of the entire undergraduate specialty ranking, including each of the 124 ranked schools.
Today we look at finance, the most popular concentration among undergraduate business students. The ranking is based on student responses to the question asking them to rank their program’s finance offerings. Points are awarded for each response—one point for an “A” grade through five points for a grade of “F”—and then averaged for each school. The ranking is based on the average; schools with the lowest average are ranked the highest. If a student did not have exposure to the area in question, they could answer NA and their response was not included. The average finance score for all 124 undergraduate business schools in the ranking was 1.45. At the top of the list is Georgetown’s McDonough School of Business, with a score of 1.11.
At McDonough, students answering our survey mentioned the strong emphasis on quantitative finance, supplemented by active student investment groups and strong recruitment from Wall Street firms like Citigroup (C) and JPMorgan Chase (JPM). More than half of McDonough business students go into financial-services positions upon graduation each year, compared with about 25 percent among all schools in the ranking, and many students mention the strong McDonough alumni presence at top financial firms.
In the classroom, case studies are often used to give students a glimpse of real issues that financial-services companies are facing, and students at McDonough name a finance professor, Lynn Doran, as their favorite among the faculty.
Following Georgetown in the ranks for finance are Washington University’s Olin Business School and the University of Pennsylvania’s Wharton School.
Top Business Schools for Finance
|2.||Washington University (Olin)||1.12|
|4.||Notre Dame (Mendoza)||1.128|
|6.||North Carolina – Chapel Hill (Kenan-Flagler)||1.154|
|9.||New York (Stern)||1.174|
|10.||Boston College (Carroll)||1.181|