U.S.News & World Report ranks Fox undergraduate IB program and RMI program in top 10
|Philadelphia—August 31, 2007 —In its 2008 rankings, for the second year in a row, U.S.News & World Report ranked both the undergraduate International Business program and the undergraduate Risk Management and Insurance (RMI) program of Temple University’s Fox School of Business among the top 10 programs in the United States. Both programs were ranked as seventh best.
Also, the Fox School undergraduate program was ranked in the top 75 among all business schools in the nation. In the Philadelphia region, Temple University’s Fox School ranks second to University of Pennsylvania’s Wharton School of Business in overall business school rankings.
“These rankings are a testament to the Fox School’s reputation, the impressive statistics of its incoming freshman class, the growth of our honors program and our excellent placement services,” said M. Moshe Porat, Fox School dean.
The Risk Management and Insurance program has achieved top-10 rankings four times in the past five years, and this is the second year in a row that U.S.News & World Report has ranked Fox’s International Business program in the top 10.
Fox’s International Business undergraduate program focuses on what it takes for its graduates to succeed in the global marketplace. One of the program’s strengths is that students must demonstrate foreign language proficiency at a fourth-semester level.
“Our students are aware of the dynamics of a globalized economy and its impact on business functions in domestic and international companies. Students also learn about the interactions between international relations and international business, and the role played by international companies in global trade and commerce,” said Arvind Phatak, Laura H. Carnell Professor of Management and International Business, executive director of Temple’s Institute for Global Management Studies (IGMS) and the Center for International Business Education and Research (CIBER).
Fox’s undergraduate international business program is supported by its high-profile CIBER — one of only 31 such centers in the United States — the high quality of its faculty, and the prestigious journal it produces, the Journal of International Management, edited by renowned General and Strategic Management Professor Masaaki “Mike” Kotabe.
Other program highlights include an international business capstone course that enables students to apply IB tools and methods to solve real business cases. All students develop a foreign market entry strategy for a small- to medium-size enterprise in the region. Another notable feature of the Fox IB program is the School’s ongoing relationship with Dubai Women’s College (DWC), in which Fox students work in teams with students from DWC on international business projects.
The IB program also offers two interdisciplinary certificates of specialization: in Asian Business and Society, and in Latin American Studies and Spanish for Business. Students complete coursework in area studies and a foreign language, as well as specialty IB coursework to further strengthen their knowledge of the increasingly globalized world.
To increase students’ international exposure, IB majors are strongly encouraged to study abroad. Temple CIBER administers business programs at Temple’s campuses in Rome and Tokyo, as well as in India, China, France, Ireland and Mexico, providing students with customized advising and financial assistance.
Risk Management and Insurance
Fox’s Risk Management and Insurance program is the second-largest such program worldwide, as recognized by Business Insurance magazine. The program is known for the diverse expertise, research interests and productivity of its faculty; for its prestigious journals; for its actuarial science program, certified by the Society of Actuaries; and for the review seminars that Fox’s Actuarial Institute provides.