Newswise — BusinessWeek magazine ranks Wake Forest University's Calloway School of Business and Accountancy 14th on its 2009 list of the top 50 undergraduate business schools in the United States. The magazine announced its fourth annual ranking of "The Best Undergrad Business Schools" Feb. 26.
Wake Forest tied for first place in academic quality and showed strong positive momentum, improving its overall rank by seven spots over 2008. "This achievement is a strong testament to the dedication of former dean Jack Wilkerson and the faculty of the Calloway School," said Dean of Business Steve Reinemund.
To calculate its ranking, BusinessWeek compiles surveys of about 85,000 senior business majors and more than 600 corporate recruiters. The ranking considers median starting salaries for graduates and the number of graduates each program sends on to top MBA programs. The composite ranking also uses an "academic quality score" that BusinessWeek calculates for each undergraduate school by combining SAT scores, faculty-student ratios, class size, the percentage of students with internships and the number of hours students spend on class work each week.
BusinessWeek's complete 2009 ranking of the best undergraduate business schools is available in the March 9 issue, on newsstands March 2. Expanded content, including the full methodology, interactive tables, in-depth profiles and a discussion forum are available at www.businessweek.com/bschools/undergraduate.
The Calloway School offers a bachelor's degree with majors in accountancy, business and enterprise management, finance and mathematical business, as well as a master's degree in accountancy.