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By Liz Warren-Pederson

The Eller MBA, named a “program on the rise” last year by U.S. News and World Report, continues to live up to the title. The Eller MBA moved up three slots from #60 to #57 in the annual Forbes magazine ranking of graduate business programs and reappeared in The Economist rankings at #89. Both rankings were released last week.

The Forbes ranking focuses on alumni return on investment over five years. Weighted metrics include total five year MBA gain, five year gain as percentage of expenses, years to payback, pre-MBA salary, 2012 graduating class salary, tuition, and median score on the GMAT.

The Economist ranks the top 100 full-time graduate business programs in the world using alumni surveys and data provided by the schools. Thematic areas under assessment include career opportunities opened up by degree attainment, educational experience, salary increase, and networking opportunities.

These rankings come on the heels of the Eller MBA’s 13-slot leap in the U.S. News and World Report assessment of graduate business programs. The ranking, released in March, placed the Full-Time Eller MBA program at #44 overall and #21 among public programs. This represented the greatest increase among any other program in the top 50. The part-time Eller Evening MBA ranked #46 overall and #29 among publics.

“There is a significant amount of hard work behind these recent increases,” said Hope Schau, associate dean of Eller MBA programs. “We are focused on creating an excellent experience across our programs, and we challenge our students to apply their coursework toward finding innovative solutions to real-world challenges, and communicating those solutions effectively.”

In addition to the Full-Time and Evening programs, the Eller College of Management also offers an Executive MBA program for experienced managers in Scottsdale, and an Online MBA program for working professionals. More details are available at

Top photo by Thomas Veneklasen.