Newswise — The McIntire School of Commerce at the University of Virginia was once again ranked second among the nation’s best undergraduate business programs, according to the annual Bloomberg Businessweek rankings, and it remains the only program to be consistently ranked either first or second in the seven years that Businessweek has ranked undergraduate programs. The rankings were announced Tuesday, March 20, in a live Web chat with Businessweek editors. Notre Dame’s Mendoza College of Business was ranked first. Cornell University’s Charles H. Dyson School of Applied Economics and Management was ranked third.

“McIntire earned A+ grades for teaching quality, facilities and services, and job placement and was rated the #1 M.B.A. feeder school,” said McIntire Dean Carl Zeithaml. He added that the School was #2 in the student survey rank and #8 in the recruiter survey rank. The School placed #7 for academic quality, determined by measuring five equally weighted components. From the schools themselves, Businessweek obtained average SAT scores, the ratio of full-time students to faculty, and average class size. The student survey supplied the percentage of business majors with internships and the hours students spend every week on schoolwork. The School also remains the top-rated program among public institutions, with the University of Michigan’s Ross School of Business falling from #6 to #7 and The University of North Carolina at Chapel Hill’s Kenan-Flagler Business School falling from #8 to #10. “Over the past seven years, the School’s consistent top-tier ranking in a highly competitive environment is a tribute to the entire McIntire community,” Zeithaml said. “Our success is a direct result of our terrific students, faculty, and staff, as well as the extraordinary support provided by our alumni, parents, and corporate sponsors. Their investment in the McIntire School enables our world-class faculty to remain in the forefront of innovation in both teaching and research. It enables the School to attract superlative students and to produce high-impact graduates. Our 2011 graduates secured excellent jobs, and our Class of 2013 is statistically the strongest ever.”

Other Virginia schools ranked in the top 50 were the University of Richmond (15), The College of William & Mary (25), and James Madison University (31).