Miami University’s Farmer School of Business placed at number 39 in this year’s rankings. Improving five spots from last year’s 44th rank, the Farmer School of Business had an acceptance rate this year of 86.81% and average SAT of 1299.
In terms of employment outcomes, the Class of 2020 saw a slightly higher internship rate with 96% landing a business focused-internship before graduating, compared to last year’s 92.30%. Some 88.15% of the Class of 2020 secured a full-time position within three months of graduation, slightly down from last year’s 93.03%.
The Farmer School of Business offers a foundational, goal-oriented business education with a variety of hands-on opportunities for students to explore their potential. Of the three methodological categories comprising this ranking, Miami Farmer did best in the Academic Experience category, where it placed 22nd.
FIRST-YEAR INTEGRATED CORE
Farmer students can choose from eight different disciplines including Accountancy, Economics, Entrepreneurship, Finance, Information Systems & Analytics, Human Capital Management and Leadership, Marketing, and Supply Chain & Operations Management.
Every student builds a foundation of business knowledge through the First-Year Integrated Core, which includes courses such as Foundations of Business; Foundations of Business Communication; Creativity, Innovation and Entrepreneurship; and Introduction to Computational Thinking for Business.
The Farmer business education is designed around five key learning goals: Critical & Creative Thinking, Technology, Communication & Collaboration, Globalization and Diversity, and Ethics. These goals help lay the groundwork for every class and opportunity that students engage in during their business education. The objective is for all Farmer students to achieve competency in each goal by graduation.
Alumni rate their Farmer business education relatively well. Surveyed 2018 alumni gave an 8.8 average rating for the quality of teaching in Farmer business courses and a 9.2 average rating in terms of faculty availability for informal discussions and mentoring outside of class. Alumni also gave a strong 9.2 average rating in recommending the Farmer business program to a close friend or colleague interested in an undergraduate business degree.
NEARLY 80% ENGAGE IN SIGNATURE EXPERIENCE
One of the main benefits of the Farmer program is the sheer amount of opportunities for students to explore their potential and apply their knowledge. Some 79.56% of surveyed 2018 alumni reported engaging in a “signature experience” that was a key part of their business learning whether through project work, global immersion trip, or capstone.
One 2018 alumni said she had three different capstone experiences during her time at Farmer. In one of the capstone projects, she drove a net-new customer acquisition strategy for a large alcoholic beverage company and had the opportunity to fly out to Napa Valley, California and present to the brand leaders. The company eventually implemented her team’s strategy four months later.
“All [capstones] we’re real, tangible experiences which built my knowledge, experience, and confidence to excel in a business career,” the 2018 alumni told us.
Another 2018 alumni, whose team also traveled to Napa, highlighted the real-world experience of the capstone project.
“The client interaction, high level strategic work, primary customer research, degree of teamwork, and final client presentation all provided a very realistic consulting experience that helped prepare me for the work I now do every day as a consultant,” the 2018 alumni said.
These kinds of real, tangible experiences are widespread in every business discipline at Farmer. For instance, the “Entrepreneurial Consulting” course features a full three-week client project where students use creative problem solving, design thinking and other applied creativity tools to create innovative solutions. The J-term trip includes a week in the Bay Area where students travel to San Francisco to meet with leading creatives and innovative companies and present their solutions to the client.
“The San Francisco Creativity and Innovation J-Term trip was a very real world experience that gave me many opportunities that I am still engaged with today,” one 2018 alumni told us.
The B-school’s Department of Emerging Technology in Business and Design also has a dedicated San Francisco Digital Innovation Center. Through the center, Farmer students can spend four days a week in a co-op role with an established tech firm or innovative startup.
“The San Francisco Digital Innovation program was life-changing,” another 2018 alumni said. “I spent a semester in SF with a cohort. 80% of the time was spent working for startups through internships, and 20% was a capstone class. I found my love of product management through this program and it launched my career.”
At Farmer, students are given a strong, goal-oriented foundation in business. No matter what path or discipline Farmer students choose to pursue, they are given a variety of experiential opportunities to gain real-world experience and excel in their chosen career.
“I worked on a financial case competition for Textron and presented to the CFO with my team as well as got to study abroad in China to learn about global finance.”
“My senior capstone was a client project with the Kellogg marketing team. It was so exciting to get that experience with one of the most well known companies in the world and get the opportunity to interact with Kellogg executives on a regular basis as an undergrad.”
“My entrepreneurship capstone was an incredible experience, as we ended up winning our startup competition and almost pursued continuing with the concept after being funded by investors. As a finance major already having a job, I never would’ve expected this to happen during my senior year. Pleasant surprises like this, where Farmer students create their own luck in a sense, are what make Miami such an exceptional school. The tight-knit network helps tremendously, of course, and Farmer sets up its students with both interpersonal and technical skills needed to succeed.”