In a recent ranking of top MBA programs from Bloomberg Businessweek, the Full-Time MBA program from Texas A&M University’s Mays Business School is listed as 11th among public programs in the nation, and 30th among all schools, public and private.

The A&M program boasts one of the highest employment rates after three months—92 percent—and is one of the most affordable programs in the top 50 rankings. The program also ranked 13th overall (4th public) in the poll of corporate recruiters who were asked to rank programs based on the quality of the graduates.

Top 30 Business Schools

“While our mission is to produce leaders, not rankings, I am nonetheless very proud of this recognition,” said David Blackwell, associate dean of graduate programs at Mays Business School. “This ranking recognizes ten years of hard work by the MBA program faculty and staff, and reflects the high quality of our students and their accomplishments as business leaders.”

Bloomberg Businessweek‘s ranking of full-time MBA programs is based on three elements: a survey of newly minted MBAs, a poll of corporate recruiters, and an evaluation of faculty research output.

The MBA survey, which measures satisfaction with all aspects of the b-school experience, is combined with two previous MBA surveys. The corporate poll, which asks recruiters to identify the schools that produce the best graduates, is also combined with two previous recruiter surveys.

Finally, Bloomberg Businessweek tallies the number of articles published by each school’s faculty in top 20 journals and reviews of their books in three national publications. The total for faculty size is then adjusted and an intellectual-capital rating is assigned for each school. The MBA surveys and the recruiter polls each contribute 45 percent to the final ranking, with the intellectual-capital ranking contributing the final 10 percent.

“The quality of the program, strong alumni network, low cost, small class size, and campus culture make the Texas A&M MBA a steal,” said one former student, whose response to the rankings survey is part of the Mays profile on the BusinessWeek site.

“The faculty was outstanding, the small class size ensured that we all got individual attention and that the class interactions were good,” said another student responder. “The overall quality of students is high. The course content was fun and challenging at the same time.”

“The Best B-Schools” is featured in the November 15-21, 2010 issue of Bloomberg Businessweek.