Global B-School Rankings 2014

YOUTH INC LISTS THE WORLD’S BEST BUSINESS SCHOOLS IN ORDER OF THEIR RANK

Welcome to the Youth Incorporated, Education Times and Rediff.com  Global Business School Rankings 2014. Following up to our yearly business school rankings, we present to you this year’s rankings – based on responses received from the institutes themselves, current students enrolled in the institutes, alumni and feedback from recruiters. 1,400 institutes were considered and contacted for the purpose of the survey. All the answers were ranked and tabulated based on several criteria including recruiter perception, student diversity, diversity of faculty, innovation of programmes and value for money, among other things. The ranking covers the top 100 institutes in the world to pursue a full-time MBA programme. We also provided a top 10 ranking based on geographical distribution, a top 50 ranking each for finance, management and marketing specialisation courses as well as top 50 rankings each for online MBA courses and executive MBA courses. Lastly, an institute’s ranking for 2014 has been compared to their respective rankings from previous years to determine the performance of the institute over the years. We hope our in depth survey will guide MBA aspirants in making the right choice.

WHAT’S DIFFERENT SINCE 2013?
Harvard University, Stanford University and University of Pennsylvania had consecutively secured the top three spots in 2012 and 2013. 2014 however, has seen a change – Stanford University gave way to the University of Pennsylvania at number two. Standing tall at number one is Harvard University with a perfect score of 100; University of Pennsylvania came in second with an almost perfect score of 99.8 followed by Stanford University with 99.7. A significant change was seen in the rankings of universities launched recently and also universities who have been in lower ranking spots. Brigham Young University went from its 89th rank in 2013 to 100 this year. University of St Gallen jumped from 99 last year to 89 this year. The top 20 spots however, continue to be governed by universities in the USA, UK, China, France, Spain and India.

WHERE INDIA STANDS? In 2013, IIM Ahmedabad and IIM Calcutta dropped from their 2012 positions at number 10 and 11 to 20 and 21 respectively. Although, this year, we expected a resurrection of sorts, there has been no change in their ranks. That being said, SP Jain Institute of Management has been seeing a rise in rank in each consecutive year. From its 2012 rank of 77, it went to 61 in 2013. And from 61, it has risen to 59 this year. Indian School of Business went from its rank of 16 in 2012 to 23 in 2013. This year however, its rank remained unchanged. While four of India’s top Institutes – IIM Ahmedabad, IIM Calcutta, Indian School of Business and SP Jain Institute of Management have been making appearances year after year, there has been no new Indian entrant in the list so far.

TOP 100 MBA

Rank	Institute	Country	Score	2013	2012
1	Harvard University	USA	100	1	1
2	University of Pennsylvania	USA	99.8	3	3
3	Stanford University	USA	99.7	2	2
4	London Business School	UK	99.2	4	5
5	INSEAD	France	99	5	6
6	IE Business School	Spain	98.9	6	7
7	Columbia University	USA	98.8	7	4
8	Massachusetts Institute of Technology	USA	98.4	8	8
9	University of Chicago	USA	97.5	9	9
10	Northwestern University	USA	97.4	10	11
11	New York University	USA	97.1	12	13
12	Dartmouth College	USA	97	11	14
13	Hong Kong UST	China	96.8	13	15
14	Yale University	USA	96.6	15	20
15	Cornell University	USA	96	16	23
15	University of California at Berkeley	USA	96.2	14	12
17	Cambridge University	UK	95.6	17	21
18	IMD	Switzerland	95.2	18	18
19	Duke University	USA	94.5	19	19
20	IIM Ahmedabad	India	94	20	10
21	IIM Calcutta	India	93.5	21	17
22	ESADE	Spain	92.8	22	32
23	Indian School of Business	India	91.3	23	16
24	University of Oxford	UK	91.1	24	22
25	IESE	Spain	90.5	25	28
26	University of Virginia	USA	90.2	26	27
27	National University Singapore	Singapore	90.1	27	25
28	HEC Paris	France	89.7	28	24
29	Australian Graduate School of Management	Australia	89	29	29
30	CEIBS	China	88	30	30
31	University of Hong Kong	China	87	31	31
32	Carnegie Mellon University	USA	86.5	33	35
33	Nanyang Technological University	Singapore	86	35	33
34	University of Toronto	Canada	85	39	41
35	McGill University	Canada	84	42	42
36	Imperial College	UK	83	34	34
37	University of Cape Town	South Africa	82	36	44
38	University of Melbourne	Australia	81.5	37	37
39	Rotterdam School of Management	Netherlands	81.3	43	43
40	SDA Bocconi	Italy	81	41	40
41	University of Manchester	UK	80.9	32	26
42	University of Michigan Ann Arbor	USA	80.5	40	38
43	Chinese University of Hong Kong	China	80.1	38	36
44	Georgetown University	USA	80	44	39
45	University of California at Los Angeles	USA	79.1	45	47
46	University of York	UK	79	50	51
47	Rice University	USA	78	47	46
48	Peking University	China	77	46	45
49	Penn State University (Smeal)	USA	76	49	49
50	Emory University	USA	75	48	48
51	Indiana University (Kelley)	USA	74	51	50
52	University of Western Ontario	Canada	73	52	52
53	Washington University (Olin)	USA	72	58	54
54	University of Washington (Foster)	USA	71	54	56
55	Texas A & M University (Mays)	USA	70	55	58
56	University of Texas at Austin	USA	69.8	56	60
57	Purdue University	USA	69.5	57	57
58	University of Southern California	USA	69	53	53
59	SP Jain Institute of Management	India	68	61	77
60	Ohio State University (Fisher)	USA	67.6	63	63
61	University of North Carolina (Kenan-Flagler)	USA	67	62	62
62	University of Rochester (Simon)	USA	66	60	55
63	City University London	UK	65	59	59
64	Boston University	USA	64	64	64
65	Cranfield University	UK	63	65	61
66	University of Minnesota (Carlson)	USA	62	68	66
67	University of British Columbia	Canada	61.8	69	69
68	Incae Business School	Costa Rica	61	67	68
69	Queens University	Canada	60.5	70	70
70	Coppead	Brazil	60	71	71
71	Vlerick Business School	Belgium	59.5	66	65
72	Boston College	USA	59.1	74	67
73	Mannheim Business School	Germany	59	76	75
74	Copenhagen Business School	Denmark	58.8	79	79
75	Macquarie Graduate School of Management	Australia	58.3	77	76
76	Pontificia Universidad Catolica de Chile	Chile	58	72	72
77	Business School Sao Paulo	Brazil	57	75	74
78	IPADE	Mexico	56	78	85
79	University of Edinburgh	UK	55	73	73
80	Michigan State University (Broad)	USA	54	82	78
81	American University in Cairo	Egypt	53	81	81
82	Universidad de Chile	Chile	52	80	82
83	Babson College	USA	51	85	87
84	University of Warwick	UK	50	97	94
85	University of South Carolina	USA	49	83	83
86	University of Miami	USA	48.5	84	84
87	University of California Irvine	USA	48	88	88
88	MIP Politecnico di Milano	Italy	47	90	NEW
89	University of St.Gallen	Switzerland	46	99	100
90	University of Notre Dame	USA	45	86	86
91	Georgia Institute of Technology	USA	44.5	91	91
92	University of Lancaster	UK	44.2	92	92
93	University of Alberta	Canada	44	93	80
94	Queensland Institute of Tech	Australia	43.5	94	96
95	Bond University	Australia	43.1	95	95
96	University of Pittsburg	USA	42.8	96	99
97	Southern Methodist University	USA	42	100	97
98	Wake Forest University	USA	41	98	98
99	Thunderbird School of Global Management	USA	40.5	87	90
100	Brigham Young University	USA	40	89	89

 

TOP MBA WORLDWIDE 

 

 

 

 

 

TOP US B-SCHOOLS

Rank	Institute	Country
1	Harvard University	USA
2	University of Pennsylvania	USA
3	Stanford University	USA
4	Columbia University	USA
5	MIT	USA
6	University of Chicago	USA
7	Northwestern University	USA
8	New York University	USA
9	Dartmouth College	USA
10	Yale University	USA

 

 

 

 

 

 

TOP EUROPEAN B-SCHOOL

Rank	Institute	Country
1	INSEAD	France
2	IE Business School	Spain
3	IMD	Switzerland
4	ESADE	Spain
5	IESE	Spain
6	HEC Paris	France
7	Rotterdam School of Management	Netherlands
8	SDA Bocconi	Italy
9	Vlerick Business School	Belgium
10	Mannheim Business School	Germany

 

 

 

 

 

 

TOP UK B-SCHOOLS

Rank	Institute	Country
1	London Business School	UK
2	Cambridge University	UK
3	University of Oxford	UK
4	Imperial College	UK
5	University of Manchester	UK
6	City University London	UK
7	Cranfield University	UK
8	University of Edinburgh	UK
9	University of Warwick	UK
10	Lancaster University	UK

 

 

 

 

 

 

TOP ASIAN B-SCHOOLS

Rank	Institute	Country
1	Hong Kong UST	China
2	IIM Ahmedabad	India
3	IIM Calcutta	India
4	Indian School of Business	India
5	National University Singapore	Singapore
6	CEIBS	China
7	University of Hong Kong	China
8	Nanyang Technological University	Singapore
9	Chinese University of Hong Kong	China
10	Peking University	China

 

 

 

 

 

 

TOP CANADIAN B-SCHOOLS

Rank	Institute	Country
1	University of Toronto	Canada
2	McGill University	Canada
3	York University	Canada
4	University of Western Ontario	Canada
5	University of British Columbia	Canada
6	Queens University	Canada
7	University of Alberta	Canada

 

 

 

 

 

 

TOP AUSTRALIAN B-SCHOOLS

Rank	Institute	Country
1	Australian GSM	Australia
2	University of Melbourne	Australia
3	Macquarie GSM	Australia
4	Queensland Institute of Tech	Australia
5	Bond University	Australia

 

TOP 50 EXECUTIVE MBA

WHAT IS AN EXECUTIVE MBA?
An executive MBA or EMBA, is a programme developed to meet the educational needs of managers and executives, allowing students to earn an MBA while working fulltime. Students remain employed while completing the degree, as the programme aims to complement their real-world experiences.

AN EMBA VS MBA
MBA and EMBA are both business degrees. But, the primary difference is in the kind of students they teach, the teaching methods and their duration. • While most MBA and EMBA courses require graduates, work experience is highly recommended for an MBA, but is compulsory for an EMBA. Some EMBA courses ask for a minimum of five years work experience and others are meant only for those in specific managerial posts. • If one was to pursue an MBA degree, then it would generally be taught full-time. The EMBA, on the other hand, holds classes on weekends and weeknights in order to accommodate the schedules of executives. Some EMBAs may also be conducted online. • Typically, an MBA degree can be completed in two years (one year in EU). An EMBA might take less than two years to finish. This, however, varies from institute to institute. • Often, employers fund an EMBA for their employees. Generally, employees with high potential and leadership skills are sponsored to do an EMBA programme. • Programme content modules taught in an EMBA course are similar to those taught in an MBA programme. These include business economics, business laws, marketing,finance and accounting, operations management, strategic management, human resources.

CANDIDATE ELIGIBILITY
Candidates accepted into an EMBA programme are usually in the midstage of their career or at a higher-level. As with an MBA, the EMBA also accepts graduates in any field. It is not just businessmen and executives who study for an EMBA, even doctors and lawyers are known to have completed EMBAs.

THE PROS
• Acceptance rates for EMBA programmes are higher than those of traditional MBA programmes
• EMBAs accommodate the busy schedules of working executives, enabling them to manage work and their education at the same time
• EMBA aspirants need not take a GMAT test.

THE CONS
• Loss of free time as work, commute and study clog up schedules • Fewer EMBA programmes than MBA programmes, so less choice for aspiring students
• EMBAs are viewed by some recruiters as inferior to MBAs due to their part-time nature

CONCLUSION
An MBA degree and an EMBA degree have been designed keeping two very different types of students in mind. An MBA student is usually someone who has graduated from college in the last three to five years. For him, the degree is more intensive owing to lack of extensive experience. On the other hand, an EMBA student is someone who has been working in his field for at least ten years and while he might be out of touch with classroom learning, he makes up for it with ample experience. However, both courses are rigorous and challenging in their own ways. An MBA graduate and an EMBA graduate usually cater to different job markets as they are both at different stages of their career; thus, it is not common for an EMBA graduate and an MBA graduate to be pitted against one another for the same position. So, if you’ve just started working and are keen on gaining a competitive edge, then an MBA is for you. But, if you’re already at an advanced stage in your career and are aspiring to take on a senior position, while holding onto that day job, then an EMBA would be a more feasible option.

Executive MBAs are becoming increasingly popular as a greater number of people choose to work and study simultaneously. Here’s a reference guide on the EMBA

Rank	Institute	Country	Score	2013 Rank
1	Columbia-London Business School	World	100	1
2	IE Business School	Spain	99	2
3	The Wharton School	USA	98	4
4	UCLA (Anderson) – National University of Singapore	World	97.6	7
5	HEC-NYU-LSE	World	97.3	3
6	Tsinghua University – INSEAD	World	97	5
7	CEIBS	China	96	6
8	University of Oxford	UK	95	9
9	INSEAD	France	94	10
10	IESE	Spain	93	8
11	Cornell University	USA	92.4	12
12	Georgetown University	USA	92	13
13	Columbia University	USA	91	11
14	University of Texas at Austin	USA	90	15
15	ESADE	Spain	89.8	16
16	ESSEC-Mannheim	World	89	14
17	Purdue University	USA	88	18
18	National University Singapore	Singapore	87	20
19	Imperial College	UK	86	21
20	City University London	UK	85	17
21	Duke University	USA	84	19
22	Emory University	USA	83	24
23	Rice University	USA	82	23
24	Kellogg-York University (Schulich)	World	81	22
25	University of St.Gallen	Switzerland	80	26
26	Texas A & M University (Mays)	USA	79	27
27	University of Maryland (Smith)	USA	78.8	25
28	University of Bath	UK	78	29
29	University of Florida	USA	77	30
30	Toronto – St. Gallen	World	76	32
31	University of Illinois UC	USA	75	28
32	Case Western Reserve University	USA	74	31
33	University of Rochester	USA	73	35
34	Ohio State University	USA	72	33
35	Grenoble	France	71	36
36	University of Western Ontario	Canada	70	37
37	EM LYON	France	69	34
38	OneMBA – CHUK RSM UNC FGV Sao Paulo	World	68	39
39	University of Toronto	Canada	67	38
40	University of Miami	USA	66	42
41	University of Nottingham	UK	65.5	45
42	IMD	Switzerland	65	40
43	Cranfield University	UK	64.7	41
44	Tulane University	USA	64	43
45	University of Pittsburg	USA	63.4	46
46	University of Lancaster	UK	63	48
47	Temple University	USA	62	44
48	University of Leeds	UK	61	49
49	University of Wisconsin	USA	60.5	47
50	Durham University	UK	60	50

 

TOP 50 ONLINE MBA

 

WHAT IS AN ONLINE MBA?
As opposed to a full-time MBA, anonline MBA is one that a student can pursue while keeping his full-time job. A popular choice amongst a number of students, this MBA allows for both education and employment simultaneously.

WHY DO PEOPLE OPT FOR IT?
People opt for online MBAs mainly for the flexibility that they offer. A student interested in pursuing a higher qualification need not quit his job as an online MBA allows one to study and work.

FULL-TIME VS ONLINE
A number of students cringe at the thought of an online MBA. The reason, it doesn’t hold much weightage in comparison to a full-time MBA. While this is true, an online MBA must be chosen keeping in mind the expected outcome. It works well for those looking to get promoted or to add-on to their already acquired knowledge.

TYPES OF ONLINE MBA
Online programmes: Online MBA programmes do not require the student to visit a university or an institution. All education activities and course material are made available online.
Combination programmes: Combination programmes are a mix of both distance learning and online teaching methods. Classes are conducted online as well as in physical classrooms.

THE PROS
• Convenient
• Flexible
• Admission policy is not rigid
• All a student needs is an internet connection and the yearning to learn

THE CONS
• Not as significant as a full-time MBA
• Lack of interaction with industry professionals
• Lack of classroom learning, discussions, debates etc

Rank	Institute	Country	Score	2013 Rank	2012 Rank
1	IE Business School	Spain	100	1	1
2	Imperial College	UK	99.5	3	4
3	Arizona State University	USA	99	5	3
4	Indiana University Bloomington	USA	98	7	8
5	University of Florida	USA	97.4	2	2
6	Babson College	USA	96	4	5
7	Drexel University	USA	95	6	6
8	Northeastern University	USA	94.5	9	10
9	Penn State University	USA	93	11	13
10	George Washington University	USA	92.5	8	7
11	Thunderbird SGM	USA	91	10	9
12	North Carolina State University	USA	90	13	14
13	Syracuse University	USA	89.2	15	11
14	University of Warwick	UK	88	16	17
15	University of Edinburgh	UK	87	17	19
16	University of North Carolina Chapel Hill	USA	86	12	15
17	University of Strathclyde	UK	85.3	18	16
18	Temple University	USA	84	14	12
19	Florida State University	USA	83.6	25	24
20	Pace University	USA	82	23	23
21	Suffolk University	USA	81	22	20
22	University of Michigan Dearbon	USA	80.6	20	22
23	University of London (Royal Holloway)	UK	79	19	18
24	Virginia Tech	USA	78	21	21
25	University of Nebraska Lincoln	USA	77	24	30
26	University of Liverpool	UK	76.6	31	32
27	University of Aston	UK	75	27	29
28	University of Derby	UK	74	26	25
29	Hofstra University	USA	73	28	26
30	Auburn University	USA	72	29	28
31	Deakin University	Australia	71.8	33	35
32	University of Leicester	UK	70	34	33
33	SBS Business School	Switzerland	69	36	36
34	University of Texas Dallas	USA	68	32	31
35	Walden University	USA	67.5	35	34
36	Florida International University	USA	66	30	27
37	Curtin University	Australia	65	42	40
38	Robert Gordon University	UK	64	39	39
39	University of Maryland UC	USA	63	38	38
40	James Madison University	USA	62.5	37	37
41	Ball State University	USA	61	43	41
42	University of Memphis	USA	60	40	43
43	Rowan University	USA	59.5	45	45
44	Portland State University	USA	58	44	44
45	University of Massachusetts – Amherst	USA	57	41	42
46	Oxford Brookes University	UK	56.5	48	48
47	Educatis	Switzerland	55	46	47
48	EUDE	Spain	54	49	49
49	Kennesaw State University	USA	53	47	46
50	Athabasca University	Canada	52	50	50

 

TOP 50 FINANCE

Rank	Institute	Country	Score	2013 Rank	2012 Rank
1	IE Business School	Spain	100	1	3
2	London School of Economics	UK	99	4	5
3	Princeton University	USA	98	3	2
4	London Business School	UK	97	2	1
5	ESSEC Business School	France	96.5	6	6
6	ESCP Europe	Europe	96.3	10	9
7	HEC Paris	France	96.1	8	7
8	MIT	USA	96	5	5
9	University of Texas at Austin	USA	95.8	9	10
10	University of Oxford	UK	95.5	7	8
11	Boston College	USA	95.3	18	16
12	Peking University	China	95	12	12
13	Grenoble	France	94	11	13
14	Texas A & M University	USA	93.4	14	11
15	Imperial College	UK	93	13	14
16	City University London	UK	92	22	22
17	Vanderbilt University	USA	91	21	20
18	University of St.Gallen	Switzerland	90.5	17	17
19	Purdue University	USA	90.1	19	19
20	EDHEC Business School	France	89.5	15	15
21	University of Warwick	UK	89.1	16	18
22	EMLYON Business School	France	88.5	20	21
23	Cranfield University	UK	88.2	23	23
24	Stockholm School of Economics	Sweden	88	24	26
25	University of Rochester	USA	87	27	27
26	George Washington University	USA	86	30	30
27	Nova School of Business & Eco	Portugal	85	29	32
28	Rotterdam School of Management	Netherlands	84	32	29
29	University of Illinois UC	USA	83	25	25
30	EADA	Spain	82	31	31
31	University of Maryland College Park	USA	81	26	28
32	University of Reading	UK	80	33	37
33	Washington University St Louis	USA	79	28	24
34	University of Manchester	UK	78	36	36
35	Northeastern University	USA	77	39	45
36	University of Florida	USA	76	41	41
37	Lancaster University	UK	75	43	43
38	University of Arizona	USA	74	44	40
39	Ohio State University	USA	73	34	34
40	University of Bath	UK	72	35	35
41	University of Utah	USA	71	42	42
42	University Bocconi	Italy	70.6	38	38
43	Vlerick Business School	Belgium	70.4	40	39
44	University of Nottingham	UK	70	46	46
45	Michigan State University	USA	69.5	37	33
46	University of Strathclyde	UK	68.1	47	47
47	Villanova University	USA	67	48	48
48	Tulane University	USA	66.5	45	49
49	University College Dublin	Ireland	66	50	44
50	University of Colorado Denver	USA	65.4	49	50

 

TOP 50 MARKETING

Rank	Institute	Country	Score	2013 Rank	2012 Rank
1	Northwestern University	USA	100	2	2
2	New York University	USA	99.8	3	1
3	Columbia University	USA	99.7	1	3
4	Johns Hopkins University	USA	99	6	4
5	HEC Paris	France	98.8	8	11
6	University of Manchester	UK	98.6	10	8
7	University of Bath	UK	98	4	5
8	University of Melbourne	Australia	97	5	6
9	ESCP Europe	Europe	96	7	7
10	EADA	Spain	95	9	12
11	Texas A & M University	USA	94	14	17
12	ESADE Business School	Spain	93	13	22
13	Imperial College	UK	92	17	18
14	ESSEC Business School	France	91	15	15
15	Copenhagen Business School	Denmark	90	11	10
16	Erasmus University Rotterdam	Netherlands	89	12	9
17	Cranfield University	UK	88	20	16
18	City University London	UK	87	16	21
19	BI Norwegian Business School	Norway	86.5	18	19
20	Griffith University	Australia	86	19	13
21	Monash University	Australia	85	25	28
22	EBS Business School	Germany	84	23	23
23	Vlerick Management School	Belgium	83	21	20
24	City University of Hong Kong	China	82	22	14
25	SKEMA Business School	France	81	26	24
26	Maastricht University	Netherlands	80	24	25
27	Lancaster University	UK	79.8	28	27
28	University of Strathclyde	UK	79	30	30
29	Clemson University	USA	78	27	26
30	Aalto University	Finland	77	29	29
31	King’s College London	UK	76	33	34
32	University of Nottingham	UK	75	32	32
33	University of Newcastle	Australia	74	31	31
34	University College Dublin	Ireland	73	42	39
35	University of Glasgow	UK	72	38	42
36	University of Edinburgh	UK	71	44	40
37	Stockholm University	Sweden	70	34	35
38	Fordham University	USA	69	35	37
39	Bentley University	USA	68	36	38
40	Brunel University	UK	67	37	41
41	University of Stirling	UK	66	39	43
42	ISCTE Business School	Portugal	65	40	33
43	Florida State University	USA	64	50	48
44	University of Kent	UK	63	43	44
45	University of Cincinnati	USA	62	41	36
46	University of Leeds	UK	61	47	47
47	Aston University	UK	60	45	45
48	University of Sydney	Australia	59	46	46
49	Coventry University	UK	58	49	50
50	University of Reading	UK	57	48	49

 

TOP 50 MANAGEMENT

Rank	Institute	Country	Score	2013	2012
1	London School of Economics	UK	100	3	3
2	IE Business School	Spain	99.8	2	2
3	MIT	USA	99.5	1	1
4	ESCP Europe	Europe	99.1	6	4
5	Rotterdam School of Management	Netherlands	98	5	5
6	HEC Paris	France	97	4	5
7	EMLYON Business School	France	96	9	7
8	ESADE Business School	Spain	95	11	12
9	Imperial College	UK	94.3	7	9
10	University of St.Gallen	Switzerland	93	13	15
11	University Bocconi	Italy	92	14	17
12	HHL Leipzig Graduate School	Germany	91	12	11
13	ESSEC Business School	France	90	8	10
14	Mannheim Business School	Germany	89.8	10	8
15	City University London	UK	89.3	19	16
16	Copenhagen Business School	Denmark	89	20	23
17	Bordeaux University	France	88.7	16	21
18	Duke University	USA	88	21	20
19	EDHEC Business School	France	87	17	13
20	HEC Montreal	Canada	86	29	27
21	Maastricht University	Netherlands	85	23	22
22	Norwegian School of Economics	Norway	84	31	31
23	University of Bath	UK	83	28	29
24	IAG-Louvain	Belgium	82	26	24
25	Brunel University	UK	81	30	28
26	Thunderbird School of Global Management	USA	80	15	18
27	Telecom Business School	France	79	27	30
28	University of Warwick	UK	78	24	26
29	Grenoble Graduate SOB	World	77	18	14
30	University College London	UK	76	25	25
31	Vlerick Business School	Belgium	75	22	19
32	University of Economics	Czech Rep	74.5	39	35
33	Aston University	UK	73	42	39
34	Warsaw School of Management	Poland	72	37	38
35	University of Reading	UK	71	40	40
36	University of Nottingham	UK	70	47	48
37	University of Edinburgh	UK	69.4	34	37
38	Politecnico di Milano	Italy	69	32	34
39	Aarhus University	Denmark	68	45	47
40	BI Norwegian School of Management	Norway	67	38	42
41	Lancaster University	UK	66	35	32
42	University of Cologne	Germany	65	33	36
43	University of Leeds	UK	64	41	41
44	Shanghai Jiao Tong University	China	63	44	46
45	University of Strathclyde	UK	62	36	33
46	Nyenrode Business Universiteit	Netherlands	61	43	44
47	Catholic University of Portugal	Portugal	60	50	43
48	Robert Gordon University	UK	59.5	49	49
49	Antwerp Management School	Belgium	59	46	45
50	Bradford University	UK	58	48	50

 

FACTOR RANKING AN INSIDE VIEW

TO FIND WHAT MAKES A WORLD-CLASS INSTITUTION SPECIAL, WE ASKED CURRENT STUDENTS ND ALUMNI ABOUT THE QUALITY OF LIFE IN AND AROUND THE CAMPUS OF THEIR B-SCHOOL. HERE ARE THE RESULTS

 

 

 

 

 

 

DIVERSITY OF STUDENTS

Rank	Institute	Country
1	IE Business School	Spain
2	Stanford University	USA
3	Columbia University	USA
4	University of Virginia	USA
5	MIT	USA
6	Harvard University	USA
7	New York University	USA
8	Cambridge University	UK
9	Duke University	USA
10	Northwestern University	USA

 

 

 

 

 

 

 

DIVERSITY OF FACULTY

Rank	Institute	Country
1	Harvard University	USA
2	MIT	USA
3	Northwestern University	USA
4	London Business School	UK
5	Dartmouth College	USA
6	ESADE	Spain
7	Columbia University	USA
8	Cornell University	USA
9	University of Oxford	UK
10	Stanford University	USA

 

 

 

 

 

 

 

INNOVATION OF PROGRAMMES

Rank	Institute	Country
1	IE Business School	Spain
2	ESADE	Spain
3	Columbia University	USA
4	Harvard University	USA
5	University of Pennsylvania	USA
6	IESE	Spain
7	HEC Paris	France
8	Stanford University	USA
9	MIT	USA
10	University of Michigan Ann Arbor	USA

 

 

 

 

 

 

INNOVATION OF TEACHING METHODOLOGIES

Rank	Institute	Country
1	Harvard University	USA
2	Columbia University	USA
3	IE Business School	Spain
4	New York University	USA
5	IESE	Spain
6	Carnegie Mellon University	USA
7	MIT	USA
8	University of Chicago	USA
9	Stanford University	USA
10	INSEAD	France

 

 

 

 

 

 

 

VALUE FOR MONEY

Rank	Institute	Country
1	IIM Ahmedabad	India
2	IIM Calcutta	India
3	Indian School of Business	India
4	National University Singapore	Singapore
5	University of Toronto	Canada
6	University of Hong Kong	China
7	McGill University	Canada
8	SP Jain Institute of Management	India
9	Hong Kong UST	China
10	University of California at Berkeley	USA

 

 

 

 

 

 

 

CAMPUS SUPPORT

Rank	Institute	Country
1	Stanford University	USA
2	National University Singapore	Singapore
3	Harvard University	USA
4	Cornell University	USA
5	University of Hong Kong	China
6	Columbia University	USA
7	University of Chicago	USA
8	McGill University	Canada
9	University of Toronto	Canada
10	INSEAD	France

 

 

 

 

 

 

CAREER SERVICES

Rank	Institute	Country
1	Harvard University	USA
2	IIM Ahmedabad	India
3	Stanford University	USA
4	Northwestern University	USA
5	Columbia University	USA
6	Cornell University	USA
7	National University Singapore	Singapore
8	University of Chicago	USA
9	INSEAD	France
10	IE Business School	Spain

 

 

 

 

 

 

 

EXTRACURRICULAR ACTIVITIES

Rank	Institute	Country
1	University of Virginia	USA
2	University of Michigan Ann Arbor	USA
3	Harvard University	USA
4	University of Chicago	USA
5	MIT	USA
6	Stanford University	USA
7	Northwestern University	USA
8	Duke University	USA
9	University of California at Berkeley	USA
10	National University Singapore	Singapore

 

 

 

 

 

 

 

EXCHANGE PROGRAMMES

Rank	Institute	Country
1	London Business School	UK
2	IE Business School	Spain
3	INSEAD	France
4	IIM Ahmedabad	India
5	HEC Paris	France
6	Harvard University	USA
7	Columbia University	USA
8	Cornell University	USA
9	New York University	USA
10	Duke University	USA

 

 

 

 

 

 

STUDENT SATISFACTION

Rank	Institute	Country
1	Harvard University	USA
2	Stanford University	USA
3	University of Pennsylvania	USA
4	Columbia University	USA
5	London Business School	UK
6	Cornell University	USA
7	IE Business School	Spain
8	INSEAD	France
9	IESE	Spain
10	Dartmouth College	USA

 

RECRUITER SATISFACTION

Rank	Institute	Country
1	Harvard University	USA
2	Stanford University	USA
3	Columbia University	USA
4	London Business School	UK
5	IIM Ahmedabad	India
6	INSEAD	France
7	New York University	USA
8	University of Pennsylvania	USA
9	IE Business School	Spain
10	MIT	USA

 

ALUMNI SATISFACTION

Rank	Institute	Country
1	Stanford University	USA
2	Harvard University	USA
3	University of Pennsylvania	USA
4	Columbia University	USA
5	Northwestern University	USA
6	Cornell University	USA
7	INSEAD	France
8	IESE	Spain
9	MIT	USA
10	National University Singapore	Singapore

 

RANKING METHODOLOGY HOW WE CHOSE THE INSTITUTES?
we chose 1,400 institutes across the world after having discussions with students, recruiters and faculty. we also consulted professional organisations such as amba, equis and aacsb. youth inc’s research unit (yru) also studied domestic rankings in various countries to find the best institutes. all the institutes were sent identical surveys. we then contacted current students, alumni as well as local and international recruiters and gathered specific information about the institutes.

 

 

FACTORS CONSIDERED
1. Recruiter Perception – Identical surveys were sent to recruiters worldwide. The recruiters were asked to rate the institutes that they were most likely to recruit from. The recruiters were also asked to rate the students they have recruited from specific business schools on several criteria including leadership potential and strategic thinking.
2. Diversity of Students – The institutes were asked to report the total number of students on campus and what percentage of the students were international and speak two or more languages. Gender diversity of the students was also considered.
3. Diversity of Faculty – The institutes were asked to report the total number of faculty on campus and what percentage of the faculty was international, hold a doctorate degree and accredited with their own publishing material. Gender diversity of faculty was also considered.
4. Innovation of Programmes – We considered the different ways to construct degree programmes as well as the choice students have in terms of selecting electives.
5. Innovation in Teaching Methodologies – Institutes were asked to select different teaching methodologies that we considered innovative. Some of these included company visits, dual or multiple majors and course collaborations between different departments at the institute. Our list was selected after surveying students across different campuses worldwide.
6. Value for Money – We considered students and alumni opinions on whether a particular institute was perceived as ‘value for money’. We also asked institutes to state the percentage of students who received some sort of funding from the institutes in terms of scholarships etc.
7. Campus Support – We asked the institutes, current students and alumni to select the different types of assistance provided by the student office or a similar body on campus. Our list was selected after surveying  students across different campuses worldwide.
8. Career Service – We asked the institutes, current students and alumni about the availability and functioning of a career service cell and how active such a service was for the students. We also considered what percentage of students were actually placed through the institute’s career service cell, how long it look for such placements and what the average starting salaries were.
9. Exchange Programmes – Institutes were asked to report the percentage of students that opted for exchange programmes. We also considered the exchange students present on the institute’s campus.
10. Student Satisfaction – Current students and alumni were asked to rate their institutes on various factors including career services, attitude of staff and professors, location, and course content.

ACTUAL METHODOLOGY
We sent invitations to 1,400 institutes. Institutes were provided a password using which they could send us their completed survey online. They were asked to answer questions relating to full time faculty, career service, student and programme information and all the factors listed above. We also contacted current students and alumni of the institutes and asked them to rate specific statements which were pertaining to the factors we considered in this ranking. All the institutes preferred to send the survey links to their students and alumni directly. Over 14,000 recruiters were sent emails with a survey. The recruiter list was prepared from the responses of the institutes and also included internationally well known recruiters. The recruiters were asked to enlist institutes that they were likely to recruit from. Below is a summary of the factors and the weight-age given to each factor when we ranked the institutes Each factor was made up of a set of questions. The total percentage attributed to that factor was based on the average score of the responses multiplied by the assigned weight-age. We then totalled the score from all factors and sorted the scores from highest to lowest. The institute with the highest score was ranked first.

NOT JUST NUMBERS!
After we received the total computed scores for the institutes, we subjectively analyzed the data provided by the institutes, current students, alumni and recruiters. If we found discrepancies in the satisfaction scores and the subjective descriptions, we omitted the data.

INSTITUTE THAT DID NOT FILL OUT THE SURVEY REPORTS IN TIME
Out of 1,400 institutes that were contacted, 150 institutes did not complete the survey on time or did not respond. We used publicly available information on the institutes to include them in our ranking. We also contacted current students, alumni and recruiters of these institutes and compared the data we received with the data from institutes that did participate.

SPECIAL NOTES
Masters in Finance – The programmes include the preexperience as well as the post-experience Masters programmes. The ranking also includes the programmes which are recently established.
Masters in Mana gement – Certain Masters of management programmes with specialisations are also included in the ranking.
Masters in Marketing – Combination courses of marketing with communication and other fields are also included in the rankings.
Online MBA – Certain factors such as campus support and exchange programmes were omitted in the factors considered for the ranking. Executive MBA – Certain factors such as campus support and exchange programmes were omitted in the factors considered for the rankings.

 

Volume 4 Issue 5