Industry Report – UA Business School Advance
The Walton College of Business Administration plans to stick with its formula for stirring up success.
rUsing one year to leap up 12 spots to No. 36 from No. 48 in the U.S. News and World Report’s 2001 list of public undergraduate business schools in the United States, the college only joined the top 50 rankings last year.
rCelebration balloons dropped and the photography flashes snapped, but Dean Doyle Williams said he doesn’t expect such a dramatic overtake in the next ranking.
r”It’s going to be increasingly difficult to dislodge [the higher ranking schools],” Williams said, adding that joining the top 30 listings is the next goal for the school.
rSeveral components contributed to the college’s rise in ranks.
rrSince 1993, 51 percent of the college’s faculty has turned over, mostly because of retirements, Williams said, noting that hiring nationally accredited professors helps to bring attention to the college.
r”Visibility is important to others in terms of acceptance,” he said.
rAttracting the new faculty members became easier with increases in technology and college development afforded by the Walton Family Charitable Support Foundation’s 1998 gift of $50 million.
rNow classrooms in the business college are equipped with technological tools such as computer networking.