Boston College named a 'New Ivy' by Forbes. Here's why.
MASSACHUSETTS

This Boston school was declared a 'New Ivy' by Forbes. Here's why.

Veer Mudambi
Worcester Telegram & Gazette

Forbes Magazine has boldly declared a list of "New Ivies.," and a Boston school has made the cut.

Since that original list of Ivy League School was declared (i.e. Harvard University, Yale University, Brown University, Dartmouth College, Columbia University, Cornell University, Princeton University and University of Pennsylvania) the workforce has changed, new schools have been founded, and those that were once distant seconds have suddenly closed the gap or even eclipsed the old guard. Welcome to the new Ivy League.

To make their new list, Forbes created a category for both public and private schools.

As a college town, it shouldn't be surprising that Boston is still represented through Boston College.

What Boston College says about being declared a New Ivy

Boston College was declared a 'New Ivy' by Forbes.

“Forbes'‘New Ivies’ listing is an external validation of the quality of our students and their ability to use their liberal arts education to become leaders and solve problems in an increasingly complex world,” said Grant M. Gosselin, dean of Undergraduate Admission and Financial Aid at Boston College in a press release from the school.  “It’s a quality that is in demand among hiring leaders.”

In the article Forbes went so far as to say that the new schools are “turning out the smart, driven graduates craved by employers of all types,” while “the Ivies are more apt to turn out entitled ones."

Leadership at Boston College seemed pleased with the recognition of their students as being hardworking.

"We are thrilled to be recognized by Forbes as one of the 'New Ivies,'" said Associate Vice President for Career Services and Integrated Learning Joseph Du Pont in the same press release. "This designation underscores our commitment to fostering an environment where academic excellence and career preparation go hand in hand.

How did Forbes determine a New Ivy?

The greatest qualifier for the new generation of elite schools is how much they prepare graduates for the workforce, as judged by hiring managers. To collect the necessary data, the magazine surveyed nearly 300 subscribers to its “Future of Work” newsletter, 75% of whom possess direct hiring authority.

Forbes research stated that 31% of the hiring managers surveyed thought that non-Ivy private universities such as Boston College were doing a better job of preparing job candidates.

The also looked at 2022 admission data for schools with high test scores and a selectivity measure (below a 20 percent admission rate at private schools and 50 percent at public universities), resulting in 32 colleges remaining for the hiring manager respondents to assess.

Based on data from hiring managers, the Forbes article stated that American companies are not only placing less importance on whether an applicant has a degree from a classic Ivy League but also displaying a preference for the graduates from the 20 public and private schools that make up the magazine's list.

According to the article, “33% of those making hiring decisions said they are less likely to hire Ivy League graduates today than five years ago. Only 7% said they were more likely to hire them.”

These are the 10 new private Ivy schools, according to Forbes

Excluding schools with fewer than 4,000 students, the eight old Ivies and four "Ivy-plus" schools —Stanford, MIT, Duke and Chicago, this is the full list of private schools that Forbes declared "New Ivies."

  • Boston College
  • Carnegie Mellon University (Pennsylvania)
  • Emory University (Georgia)
  • Georgetown University (District of Columbia)
  • Johns Hopkins University (Maryland)
  • Northwestern University (Illinois)
  • Rice University (Texas)
  • University of Notre Dame (Indiana)
  • University of Southern California
  • Vanderbilt University (Tennessee)

These are the 10 new public Ivy League schools, according to Forbes

Forbes selected the following 10 public universities as its "New Ivies," excluding military academies and California schools. California schools were excluded because they don't consider test scores.

  • Binghamton University (New York)
  • Georgia Institute of Technology
  • University of Florida
  • University of Illinois Urbana-Champaign
  • University of Maryland-College Park
  • University of Michigan-Ann Arbor
  • University of North Carolina-Chapel Hill
  • University of Texas-Austin
  • University of Virginia
  • University of Wisconsin-Madison