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Forbes Rankings

For Immediate Release
August 20, 2007

Forbes Inc. Ranks UT’s Full-Time MBA Program 24th in the U.S.

KNOXVILLE - - Noting the sizable return students get for their academic investment, Forbes Inc. has ranked the University of Tennessee College of Business Administration’s full-time MBA program 24th in the U.S. This is the first time that the program has been ranked by Forbes, in its “Best Business Schools” issue. Of the 102 schools considered for the survey, only 56 were ranked.

UT was ahead of MBA programs at universities such as Vanderbilt, Georgetown, Indiana and Wake Forest.

"We are honored to be named to Forbes’ prestigious list. This ranking reflects our commitment to delivering leadership in education among our faculty, staff, and partner companies. It reinforces the increased levels of national attention we have seen among our students, recruiters and employers,” said Jan Williams, dean of the College of Business Administration.

Glen Schuler, director of the full-time MBA program, concurred: “Our Forbes ranking confirms that our program is delivering superior value; that our innovative and integrated curriculum is successfully reaching our goal of educating high-potential individuals to become global leaders.”

Forbes’ rankings were compiled by contacting 2002 MBA graduates and evaluating the return they’ve received on their academic investment. Forbes considered pre-MBA salaries, post-graduation compensation, tuition and forgone salary while in school, and what graduates would have made had they remained in their old jobs. Adjustments were made for cost-of-living expenses and the present value of money.

Forbes survey noted that UT’s MBA graduates are being recruited by the world’s major corporations including Dell, Dollar General, Cummins, Nissan and Brunswick Boat Group.

For more on the rankings, visit http://www.forbes.com

UT’s 17-month, full-time MBA program has an integrated, team-based curriculum that provides significant opportunities for students to interact with business professionals and apply their classroom lessons to real-world situations. Its new Innovation and Entrepreneurship curriculum is helping define the uniqueness of the program.

For more information on UT’s full-time MBA program visit http://mba.utk.edu