Michigan Tech College of Business Newsblog

Category: In the News

Tech Students Among Smartest in Nation

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We already know that our students are among the best in the world; but now it’s official!

Courtesy of MAXQDA

Business Insider recently recognized Michigan Technological University as being one of 20 public institutions in the nation with the smartest students, specifically lucky #11!  “The 20 Public Colleges with the Smartest Students” combined data received from Niche and College Prowler in the fields of academics, computers, parking, weather, and much more.

Michigan Tech's J. Robert Van Pelt and John and Ruanne Opie Library features open-plan study areas, incredible views of campus, and wireless lounges.

Here’s what current students have said about Michigan Tech (posted on Niche):

“I am quite comfortable knowing I will get a great job when I graduate from this school.”

“There are many intern and job opportunities.  They have a very high placement rate, and I’m pretty sure the Career Fairs they have twice a year is one of the biggest for all North American colleges.”

“All of the classes I’ve taken so far have been well-designed and extremely thorough… I’ve never failed to learn something.  Professors are almost always available for questions, and the learning centers are excellent.”

John Lehman, Associate Vice President of Enrollment, Marketing, and Communications at Michigan Tech states, “We see all that our students accomplish here at Michigan Tech and all the companies seeking them out for employment.  It doesn’t take long to see that there is something pretty special about the students here.  They are smart, amazingly smart.  It’s satisfying to know that others see that as well.”

Did YOU graduate from Michigan Tech?
Are YOU a current student?
Are YOU planning on attending Michigan Tech one day?
Let me know in the comments why you think our students are Crazy Smart!

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Business Insider Gives Tech High Marks for Graduate Earning Potential

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Potential earnings are part of the value of a university education.

More than ever, students choosing where to go to school review the future earning potential of a university’s graduates. But the well-known US News & World Report ranking of colleges and universities doesn’t give that factor much weight. They should, says Business Insider, a business website that analyzes financial, media, technology and other industries. So Business Insider combined the US News & World Report rankings of best universities and the Payscale.com college salary report to develop rankings that reflect both reputation and the salaries earned by graduates.

Analyzing several hundred universities and colleges, Business Insider developed two lists of colleges and universities: “underrated” and “overrated.” The website termed schools with a lower US News college ranking and higher Payscale.com salary ranking “underrated.” These are schools whose graduates rank high on salaries earned but aren’t given due credit in the US News ranking.

Michigan Tech made Business Insider’s list of the top 25 “underrated” schools, coming in at 22.

Business Insider termed schools with a high US News ranking and low salary ranking as “overrated.” These are schools that show up very well in the Best Colleges ranking, but their graduates earn lower salaries than might be expected from their US News ranking.

“We found that most of the underrated schools were engineering and technology schools with relatively low US News rankings but outstanding salary performance,” Business Insider notes on its web site.

For the full story, see Business Insider. This story was written by Jenn Donovan, Public Relations Director, for Michigan Tech’s University Marketing and Communications faculty and staff newletter, Tech Today.

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Tech in top 10 for ROI among Midwest schools

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MTU graduates Rosanna Chopp and Willow Carmody at this year's commencement ceremony.

What’s a university education worth? That’s a question often asked by students, parents and legislators.

According to 2013 rankings recently released by PayScale, Michigan Tech graduates rank 18th in the nation among 437 public universities in the return on investment (ROI) from their degrees. PayScale is a website that compares the cost of a college education to the salaries earned by graduates.

PayScale ranked Michigan Tech in the top 10 for ROI among Midwest schools. ROI is defined as the cost of attending college compared to the gain in income over thirty years of a college graduate over a high school graduate.

This year Tech ranked 77th among all 1,511 public and private colleges and universities evaluated by the website. Michigan Tech’s ranking in PayScale’s annual report rose from 102 among all universities and 44 among public universities last year.

“This is impressive,” said President Glenn Mroz. “It validates what we believe here at Michigan Tech, that we are truly preparing our students to take their place as well-educated citizens, to get jobs, earn good salaries and create the future.”

The report listed the typical starting salary of a Michigan Tech graduate at $56,000 and the thirty-year net ROI at $999,300.

In an interview on “The Daily Ticker” on the Yahoo Finance website this week, former Secretary of Education William Bennett said that the ROI is positive only for about 150 of the nation’s 3,500 institutions of higher learning. Michigan Tech is one of those 150. Bennett analyzed the ROI of colleges and universities for his book, Is College Worth It?

This article was written by UMC public relations director, Jennifer Donovan, for Tech Today.

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