One of those MBA admissions truisms that isn’t necessarily true: larger MBA programs provide better networks by virtue of their size. Critics of this bit of wisdom question whether the size of the alumni network counts more than the quality of connections among alumni and between alumni and the school.
Tuck, with its fiercely loyal alumni network and small size, firmly resides in the quality over quantity camp. Furthermore, Tuck argues that its alumni’s generosity reflects a significantly higher level of student satisfaction with their MBA experience. This particular debate will continue to rage, but for now let’s look at a recent proud press release from the folks in Hanover, New Hampshire:
Tuck surpassed its own alumni giving record this year, both in terms of funds raised and the alumni participation rate in the 2008 Tuck Annual Giving (TAG) campaign.
In 2007-08, 67.5 percent of all Tuck alumni made a financial contribution to the school. This exceeds last year’s record by more than a full percentage point. In addition, the total amount of money TAG raised reached $5.9 million, up 18 percent from the previous year.
"This extraordinary support is a testament to the real value that our alumni continue to see in their Tuck education, throughout their entire lives," said Tuck Dean Paul Danos. "You’d be hard-pressed to find a better way of measuring alumni satisfaction with the education they received than by the percentage of alumni who financially contribute to their school. On this metric I’m proud to say that Tuck scores off the charts."
According to BusinessWeek, Tuck is the only business school whose alumni giving rate exceeds 50 percent, with the majority of schools falling below 20 percent. On average, Tuck’s alumni participation rate of more than 67 percent tops its peer schools by 30 percentage points.