Georgia Tech College of Management recently rose in rankings of Forbes (for top MBA programs) and U.S. News & World Report (for undergraduate business programs) while winning recognition in Fortune Small Business as one of "America's Best Colleges for Entrepreneurs."

Georgia Tech's business school jumped 11 spots in Forbes magazine's MBA rankings, rising to 34th (15th among public universities). Forbes bases its rankings, which are issued every two years, on graduates' return on investment, meaning compensation five years after graduation minus tuition and forgone salary during school.

"We're pleased that our considerable jump in the rankings reflects the overall trajectory of our business school," says Georgia Tech College of Management Dean Steve Salbu. "We're working hard on many fronts to take our College to the next level of prestige and educational achievement, becoming the world's preeminent business school for management and technology."

In its first-time rankings of "America's Best Colleges for Entrepreneurs," Fortune Small Business listed Georgia Tech College of Management among the 26 top schools for MBAs and among the 24 best for double major/cross disciplinary students (i.e. business and engineering). The magazine, which is including the rankings in its September issue, didn't assign a specific order (1st, 2nd, etc.) to schools listed.

U.S. News & World Report ranked Georgia Tech's undergraduate business program 33rd in the nation, up two spots from last year. In specialty areas, the magazine ranked the business school eighth in Quantitative Analysis, 10th for Production and Operations Management, and 15th for Management Information Systems.

Earlier this year, Georgia Tech College of Management jumped nine spots in U.S. News & World Report's annual rankings of the nation's top full-time MBA programs, rising from 34th to 25th (10th among public universities).