Marriott Alumni Magazine

Fall 2014

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School News byu’s mba and Law Programs Translate High Marks to High Rankings After another year of impressive student achievements, BYU’s graduate business and law programs have once again received high marks from U.S. News & World Report. BYU’s MBA program is ranked No. 27 in the 2015 edition of U.S. News’s Best Graduate Schools, while the J. Reuben Clark Law School came in at No. 36 among top law schools. Both schools moved up in the rankings, with the MBA program jumping three spots from last year and the law school jumping a remarkable eight spots. “We are honored to be ranked among the top business schools in the world,” says Lee Perry, dean of the Marriott School. “This recognition is particularly gratifying to those of us who work and study at the Marriott School, but it is also a tribute to the support we receive from alumni, advisers, and donors.” Graduates from BYU’s MBA program enjoy one of the highest placement rates among MBA grads nationwide, with 95 percent of graduates employed within three months. Last year MBA grads had an average starting salary and bonus of $110,000, landing jobs at Adobe, Procter & Gamble, ExxonMobil, and Amazon, among dozens of other major companies. Meanwhile, more than 93 percent of BYU law grads from the last three graduating classes are employed, with the majority of those jobs being in law firms, business positions, or judicial clerkships. In fact, the number of BYU grads landing prestigious clerkships is on the rise. Miller nvc Final Reveals byu’s Top Entrepreneurs Marriott School student Derek Johnson raised the winning trophy after securing the Founders Choice award and the overall win at the Miller New Venture Challenge (NVC) final. His company, Cowboy Kolaches, designed a machine that mass produces a frozen version of a popular central-European pastry—a kolach. Nine other companies also walked away with $205,000 in cash and in-kind prizes, making this the biggest year in the competition’s history. “I’m excited to take the winnings and launch my business,” says Johnson, a second-year MBA student from Rock Springs, Wyoming. “I hope others will also take advantage of all the resources and opportunities BYU has to offer.” In addition to Cowboy Kolaches, finalist teams included Broad Analytics, DevMountain, Genius Security, KiBand, Lunch Box, Pampered, Provistic, RunForm, and VolleyMetrics. These teams had the chance to participate in this summer’s launchpad program, worth more than $40,000 in in-kind services, and they also each received a $15,000 prize for making it to the finals to fight for the Founders Choice, Global Business, and Crowd Choice awards. Each additional award gave recipients another $5,000 in prize money. KiBand, a company that makes GPS tracking bracelets for children, took home Cowboy Kolaches owner Derek Johnson proudly raises the NVC first-place trophy with his daughter, Kylee Jo.

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