W. P. Carey School ranks No. 1 worldwide for business research

Americans are keenly focused on improving our economy and creating more jobs through advancements in the business world. The W. P. Carey School of Business at ASU now ranks No. 1 in creating new business knowledge that can help move us forward.

In rankings from the journal Technovation, the school ranks first among all business schools worldwide for authoring research in the Top 45 academic business journals with the most global impact.

“We’re always focused on helping our students to succeed in the business world, but we also strive to provide cutting-edge research to help existing businesses and startups,” said Robert Mittelstaedt, dean of the school. “We have faculty members doing groundbreaking research in their fields, and this directly affects businesses and their customers.”

The new rankings looked at articles published in 2010 in the world’s foremost journals for business. The W. P. Carey School comes out No. 1 for articles written, ahead of Harvard University, Stanford University, and the University of Pennsylvania’s Wharton School among others.

To explain the significance of these new research rankings, a recent article from Strategy + Business quotes a study showing that “MBA students who go to schools where the research level is high get paid more than peers who went to other schools – as much as 21 percent more after three years in the real world.”

Three of the W. P. Carey School’s faculty members are listed among the Top 20 most prolific authors in these highly cited research journals: Craig Carter and Kevin Dooley, supply chain management professors, and Anne Tsui, management professor. The school also has five faculty members who are editors or associate editors of the Top 5 academic journals: Craig Carter, Thomas Choi, Kevin Corley, Amy Hillman and Jeff LePine.

“Research is a high priority at the W. P. Carey School because we always want to have real-world impact,” said Amy Hillman, executive dean and professor, who also is the editor of Academy of Management Review, the No. 1 journal in terms of citation impact. “We’re at the frontier when it comes to important developments of the day, including teaching businesses how to protect your personal information online, tracking foreclosures in the hard-hit real estate market, and helping government officials do cost-model flu vaccination efforts to potentially save millions of dollars in taxpayer money.”

Other recent business-school research rankings, including an annual list from the University of Texas at Dallas, also place the W. P. Carey School in the Top 25 worldwide. In addition, U.S. News & World Report ranks the school’s undergraduate business, full-time MBA and evening MBA programs in the Top 30 nationally. The Wall Street Journal ranks the school’s Tempe-based executive MBA program No. 13 in the world.