Forbes has again named the University of Virginia a “New Ivy” in a list of 20 public and private schools “that are attracting the best and the brightest and graduating students that are outpacing most Ivy Leaguers in the eyes of employers.”
The media outlet surveyed nearly 400 C-suite workers, vice presidents and other managers. Thirty-seven percent said they were less likely to hire a graduate from a traditional Ivy League school than they were five years ago. Last year, 33% of those surveyed had that response.
To populate its separate lists of the 10 “Public New Ivies” and 10 “Private New Ivies,” Forbes began with a list of all nonprofit, four-year, degree-granting institutions, using the most recent data from the National Center for Education Statistics.
Not included were Ivy League schools like Harvard, Cornell and Brown universities. The University of California system was also excluded because it does not report test scores.
To be considered, public schools had to enroll at least 4,000 students and private schools had to enroll at least 3,500. Public colleges had to admit fewer than 50% of applicants and private colleges fewer than 20%.
High test scores rounded out the requirements. The public schools admitted students with a median SAT of 1410 and a median ACT of 32. Private school students had a median SAT of 1530 and a median ACT of 34.