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Rutgers Business School's Flex MBA ranked among the Top 50 part-time business master's programs in the country, according to U.S. News & World Report's latest ranking of best business schools.

The Rutgers Flex MBA Program, which provides working professionals with the flexibility to pursue a master's business degree, moved to No. 39 in the annual ranking, climbing past Temple, Fordham and Pace. The placement represents a huge boost, pulling Rutgers up 30 spots based on the results of U.S. News & World Report's latest survey of business school deans and MBA directors from across the country.

The annual ranking by U.S. News & World Report also showed that Rutgers continued to improve its post-graduation job placement - Rutgers Business School ranked No. 8 this year, climbing 10 spots over last year - and it lifted the Rutgers MBA Supply Chain Management Program to No 13, ahead of both Columbia University and Harvard University.

The Rutgers Full-Time MBA program was ranked No. 60 - up from 61 - based on data collected from business school deans, MBA program directors and corporate recruiters in late 2013 and early 2014. The 2014 ranking confirmed Rutgers being the #1 Public MBA program in the New York metropolitan area.

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Traditional ventures win top two prizes in 2014 Rutgers Business Plan Competition

The top two winners of the annual business plan competition, both Rutgers Flex MBA students, started companies that provide services. Brian Bergen, owner of interior landscaping company called Bergen Botanicals, won the $20,000 first-place prize and Paula Zwiren, president of Zwiren Title Agency, received $15,000 for second place.

Sarah Blessing, who graduated from the Rutgers Flex MBA Program in January, is developing a fitness product with a fashionable twist. TRAINgle, a company she is building with three former Flex MBA classmates, won the $10,000 third-place prize.

"This year, we had a group of students who were very passionate," said Raymond Rossi, an instructor at RBS who oversees the business plan competition. "They showed an enormous amount of knowledge, and they presented very viable business models."

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