Bloomberg BusinessWeek ranks Wake Forest University's Undergraduate Business program #1 in the nation for academic quality and among the top 20 programs overall for the third straight year in its "The Best Undergraduate Business Schools" ranking report released on March 3.
Wake Forest's undergraduate business program ranked 19th overall among 139 eligible programs. "The hard work and passion of our students combined with dedication to excellence by our faculty and staff are to be credited for achieving the top rank in academic quality for the third consecutive year," said Dean of Business Steve Reinemund.
One of the Wake Forest students who responded to the Bloomberg BusinessWeek survey emphasized the strength of the school's alumni network. "Many students in the business school have a lot to be thankful for in terms of the work alumni have done to help students secure jobs. Most recently, our alumni took the initiative to go out of their way and develop a 'Wake on Wall Street' network that helps bring the best and the brightest students to New York and put them in contact with the biggest names on Wall Street."
With regard to job placement as reported by BusinessWeek, Wake Forest placed #11 among the top 50 undergraduate business schools, with 92% of May 2010 graduates accepting employment within three months of graduation.
The Bloomberg BusinessWeek ranking comes on the heels of news that among first-time CPA candidates without advanced degrees, Wake Forest's accountancy program placed third in the nation for candidates who passed all four sections of the test on their first attempt and Wake Forest was the only school that placed either first or second on each individual section of the exam.
To calculate its ranking, Bloomberg BusinessWeek compiles surveys of almost 86,000 senior business majors and 775 corporate recruiters. The complete 2011 ranking of the best undergraduate business schools, including the full methodology, interactive tables, and in-depth profiles, is available here.