Global B-School Rankings 2015

YOUTH INC LISTS THE WORLD’S BEST MBA UNIVERSITY RANKINGS 2015

Welcome to the Youth Incorporated, Education Times and Rediff.com Global Business School Rankings 2015. Following up to our business school rankings, we present to you this year’s MBA university rankings – based on responses received from the institutes themselves, current students enrolled in the institutes, alumni and feedback from recruiters. 1,550 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 specialization courses as well as top 50 rankings each, for online MBA, and executive MBA courses. Lastly, an institute’s ranking for 2015 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 business school aspirants in making the right choice.

WHAT’S DIFFERENT SINCE 2014?
Harvard University, Stanford University and University of Pennsylvania had consecutively secured the top three spots in 2013 and 2014. 2015 however, has seen a change – Stanford University has replaced the University of Pennsylvania at number two. Standing tall at number one is Harvard University with a perfect score of 100; Stanford University came in second with an almost perfect score of 99.9 followed by University of Pennsylvania with 99.8. A significant change was seen in the rankings of universities launched recently and also universities who have been in lower ranking spots. Lancaster University went from its 92nd rank in 2014 to 100 this year. University of British Columbia jumped from 67 last year to 54 this year. The top 20 spots however, continue to be governed by universities in the USA, UK, China, France, Spain, Switzerland and India.

WHERE INDIA STANDS?
IIM Ahmedabad and IIM Calcutta stayed in ranks 20 and 21 respectively, from 2012 to 2014. This year, however, they made their way up to number 17 and 20 respectively. SP Jain Institute of Management has been seeing a rise in rank in each consecutive year. From its 2013 rank of 61, it went to 59 in 2014. And from 59, it has risen to 56 this year. Indian School of Business stayed at rank 23 in 2013 and 2014. This year however, its rank rose to number 22. 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	2014 RANK	2013 RANK	2012 RANK
1	HARVARD UNIVERSITY	USA	100	1	1	1
2	STANFORD UNIVERSITY	USA	99.9	3	2	2
3	UNIVERSITY OF PENNSYLVANIA	USA	99.8	2	3	3
4	LONDON BUSINESS SCHOOL	UK	99.4	4	4	5
5	IE BUSINESS SCHOOL	SPAIN	99	6	6	7
6	INSEAD	FRANCE	98.9	5	5	6
7	UNIVERSITY OF CHICAGO	USA	98.8	9	9	9
8	COLUMBIA UNIVERSITY	USA	98.4	7	7	4
9	MIT	USA	97.6	8	8	8
10	NEW YORK UNIVERSITY	USA	97.4	11	12	13
11	DARTMOUTH COLLEGE	USA	97.2	12	11	14
12	YALE UNIVERSITY	USA	96.9	14	15	20
13	NORTHWESTERN UNIVERSITY	USA	96.7	10	10	11
14	HONG KONG UNIVERSITY OF SCIENCE & TECHNOLOGY	CHINA	96.6	13	13	15
15	CORNELL UNIVERSITY	USA	96.3	15	16	23
16	CAMBRIDGE UNIVERSITY	UK	96	17	17	21
17	IIM AHMEDABAD	INDIA	95.8	20	20	10
18	IMD	SWITZERLAND	95.1	18	18	18
19	DUKE UNIVERSITY	USA	94.4	19	19	19
20	IIM CALCUTTA	INDIA	94	21	21	17
21	UNIVERSITY OF CALIFORNIA AT BERKELEY	USA	93.5	16	14	12
22	INDIAN SCHOOL OF BUSINESS	INDIA	92.5	23	23	16
23	UNIVERSITY OF OXFORD	UK	91.2	24	24	22
24	IESE	SPAIN	91.1	25	25	28
25	ESADE	SPAIN	90.4	22	22	32
26	CARNEGIE MELLON UNIVERSITY	USA	90.1	32	33	35
27	HEC PARIS	FRANCE	90	28	28	24
28	NATIONAL UNIVERSITY SINGAPORE	SINGAPORE	89.5	27	27	25
29	UNIVERSITY OF HONG KONG	CHINA	89.1	31	31	31
30	AUSTRALIAN GRADUATE SCHOOL OF MANAGEMENT	AUSTRALIA	88.4	29	29	29
31	UNIVERSITY OF VIRGINIA	USA	88	26	26	27
32	MCGILL UNIVERSITY	CANADA	87	35	42	42
33	CEIBS	CHINA	86	30	30	30
34	UNIVERSITY OF TORONTO	CANADA	85	34	39	41
35	NANYANG TECHNOLOGICAL UNIVERSITY	SINGAPORE	84	33	35	33
36	UNIVERSITY OF CAPE TOWN	SOUTH AFRICA	84	37	36	44
37	UNIVERSITY OF MELBOURNE	AUSTRALIA	82.6	38	37	37
38	UNIVERSITY OF CALIFORNIA AT LOS ANGELES	USA	82	45	45	47
39	SDA BOCCONI	ITALY	81.6	40	41	40
40	RICE UNIVERSITY	USA	81.3	47	47	46
41	ROTTERDAM SCHOOL OF MANAGEMENT	NETHERLANDS	80.7	39	43	43
42	GEORGETOWN UNIVERSITY	USA	80.3	44	44	39
43	UNIVERSITY OF WESTERN ONTARIO	CANADA	80	52	52	52
44	EMORY UNIVERSITY	USA	79.7	50	48	48
45	UNIVERSITY OF MANCHESTER	UK	79.1	41	32	26
46	IMPERIAL COLLEGE	UK	79	36	34	34
47	UNIVERSITY OF MICHIGAN ANN ARBOR	USA	78.5	42	40	38
48	PENN STATE UNIVERSITY (SMEAL)	USA	78	49	49	49
49	YORK UNIVERSITY	CANADA	77	46	50	51
50	PEKING UNIVERSITY	CHINA	76	48	46	45
51	INDIANA UNIVERSITY (KELLEY)	USA	75	51	51	50
52	UNIVERSITY OF SOUTHERN CALIFORNIA	USA	74	58	53	53
53	WASHINGTON UNIVERSITY (OLIN)	USA	73.5	53	58	54
54	UNIVERSITY OF BRITISH COLUMBIA	CANADA	73	67	69	69
55	UNIVERSITY OF NORTH CAROLINA (KENAN-FLAGLER)	USA	72.6	61	62	62
56	SP JAIN INSTITUTE OF MANAGEMENT	INDIA	72.3	59	61	77
57	PURDUE UNIVERSITY	USA	72	57	57	57
58	UNIVERSITY OF TEXAS AT AUSTIN	USA	71.6	56	56	60
59	TEXAS A & M UNIVERSITY (MAYS)	USA	71.2	5	55	58
60	BOSTON UNIVERSITY	USA	71	64	64	64
61	QUEENS UNIVERSITY	CANADA	70.7	69	70	70
62	CHINESE UNIVERSITY OF HONG KONG	CHINA	70.5	43	38	36
63	UNIVERSITY OF WASHINGTON (FOSTER)	USA	70	54	54	56
64	COPPEAD	BRAZIL	69.6	70	71	71
65	OHIO STATE UNIVERSITY (FISHER)	USA	69	60	63	63
66	UNIVERSITY OF MINNESOTA (CARLSON)	USA	68.5	66	68	66
67	CITY UNIVERSITY LONDON	UK	68	63	59	59
68	INCAE BUSINESS SCHOOL	COSTA RICA	67.5	68	67	68
69	CRANFIELD UNIVERSITY	UK	67	65	65	61
70	UNIVERSITY OF ROCHESTER (SIMON)	USA	66.3	62	60	55
71	MANNHEIM BUSINESS SCHOOL	GERMANY	65.4	73	76	75
72	MACQUARIE GRADUATE SCHOOL OF MANAGEMENT	AUSTRALIA	64.7	75	77	76
73	VLERICK BUSINESS SCHOOL	BELGIUM	63	71	66	65
74	BOSTON COLLEGE	USA	62	72	74	67
75	PONTIFICIA UNIVERSIDAD CATOLICA DE CHILE	CHILE	61	76	72	72
76	BUSINESS SCHOOL SAO PAULO	BRAZIL	60.9	77	75	74
77	COPENHAGEN BUSINESS SCHOOL	DENMARK	60.2	74	79	79
78	UNIVERSIDAD DE CHILE	CHILE	60	82	80	82
79	BABSON COLLEGE	USA	59.7	83	85	87
80	IPADE	MEXICO	59.1	78	78	85
81	UNIVERSITY OF EDINBURGH	UK	59	79	73	73
82	MICHIGAN STATE UNIVERSITY (BROAD)	USA	58.5	80	82	78
83	UNIVERSITY OF ST.GALLEN	SWITZERLAND	58.3	89	99	100
84	UNIVERSITY OF CALIFORNIA IRVINE	USA	58	87	88	88
85	MIP POLITECNICO DI MILANO	ITALY	57.8	88	90	NEW
86	AMERICAN UNIVERSITY IN CAIRO	EGYPT	57.2	81	81	81
87	UNIVERSITY OF WARWICK	UK	57	84	97	94
88	UNIVERSITY OF MIAMI	USA	56.3	86	84	84
89	UNIVERSITY OF SOUTH CAROLINA	USA	56.2	85	83	83
90	ESIC SPAIN	SPAIN	56.1	–	–	–
91	QUEENSLAND INSTITUTE OF TECH	AUSTRALIA	55.4	94	94	96
92	SOUTHERN METHODIST UNIVERSITY	USA	55	97	100	97
93	BOND UNIVERSITY	AUSTRALIA	54.9	95	95	95
94	WAKE FOREST UNIVERSITY	USA	54.2	98	98	98
95	UNIVERSITY OF PITTSBURG	USA	54	96	96	99
96	UNIVERSITY OF ALBERTA	CANADA	53.2	93	93	80
97	GEORGIA INSTITUTE OF TECHNOLOGY	USA	52	91	91	91
98	BRIGHAM YOUNG UNIVERSITY	USA	51	100	89	89
99	THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT	USA	50.6	99	87	90
100	LANCASTER UNIVERSITY	UK	50.2	92	92	92

TOP MBA WORLDWIDE

TOP US B-SCHOOLS

RANK	INSTITUTE	COUNTRY
1	HARVARD UNIVERSITY	USA
2	STANFORD UNIVERSITY	USA
3	UNIVERSITY OF PENNSYLVANIA	USA
4	UNIVERSITY OF CHICAGO	USA
5	COLUMBIA UNIVERSITY	USA
6	MIT	USA
7	NEW YORK UNIVERSITY	USA
8	DARTMOUTH COLLEGE	USA
9	YALE UNIVERSITY	USA
10	NORTHWESTERN UNIVERSITY	USA

TOP UK B-SCHOOLS

RANK	INSTITUTE	COUNTRY
1	LONDON BUSINESS SCHOOL	UK
2	CAMBRIDGE UNIVERSITY	UK
3	UNIVERSITY OF OXFORD	UK
4	UNIVERSITY OF MANCHESTER	UK
5	IMPERIAL COLLEGE	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 EUROPEAN B-SCHOOL

RANK	INSTITUTE	COUNTRY
1	IE BUSINESS SCHOOL	SPAIN
2	INSEAD	FRANCE
3	IMD	SWITZERLAND
4	IESE	SPAIN
5	ESADE	SPAIN
6	HEC PARIS	FRANCE
7	SDA BOCCONI	ITALY
8	ROTTERDAM SCHOOL OF MANAGEMENT	NETHERLANDS
9	MANNHEIM BUSINESS SCHOOL	GERMANY
10	VLERICK BUSINESS SCHOOL	BELGIUM

TOP CANADIAN 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	UNIVERSITY OF HONG KONG	CHINA
7	CEIBS	CHINA
8	NANYANG TECHNOLOGICAL UNIVERSITY	SINGAPORE
9	PEKING UNIVERSITY	CHINA
10	SP JAIN INSTITUTE OF MANAGEMENT	INDIA

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	UNIVERSITY OF HONG KONG	CHINA
7	CEIBS	CHINA
8	NANYANG TECHNOLOGICAL UNIVERSITY	SINGAPORE
9	PEKING UNIVERSITY	CHINA
10	SP JAIN INSTITUTE OF MANAGEMENT	INDIA

TOP AUSTRALIAN SCHOOLS

RANK	INSTITUTE	COUNTRY
1	AUSTRALIAN GRADUATE SCHOOL OF MANAGEMENT	AUSTRALIA
2	UNIVERSITY OF MELBOURNE	AUSTRALIA
3	MACQUARIE GRADUATE SCHOOL OF MANAGEMENT	AUSTRALIA
4	QUEENSLAND INSTITUTE OF TECH	AUSTRALIA
5	BOND UNIVERSITY	AUSTRALIA

TOP 50 EXECUTIVE MBA

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

WHAT IS AN EXECUTIVE MBA?

An executive MBA, or EMBA, is a degree developed to meet the educational needs of managers and executives. 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. They only 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.
•An MBA degree is taught full-time. The EMBA has classes on weekends and weeknights in order to accommodate the schedules of executives. Some EMBAs may also be conducted online.
•An MBA degree typically takes two years to complete. 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 mid-stage 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
•EMBA aspirants need not take a GMAT test.
•EMBAs accommodate the busy schedules of working executives, enabling them to manage work and their education at the same time

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 this student, 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 demanding 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 anMBA 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 amore feasible option.

RANK	INSTITUTE	COUNTRY	COURSE	SCORE	2014 RANK	2013 RANK
1	THE WHARTON SCHOOL	USA	WHARTON MBA FOR EXECUTIVES	100	3	4
2	IE BUSINESS SCHOOL	SPAIN	GLOBAL EXECUTIVE MBA	99.3	2	2
3	COLUMBIA-LONDON BUSINESS SCHOOL	WORLD	EMBA-GLOBAL AMERICAS & EUROPE	98.5	1	1
4	TSINGHUA UNIVERSITY – INSEAD	WORLD	TSINGHUA-INSEAD EMBA	97.6	6	5
5	HEC-NYU-LSE	WORLD	TRIUM GLOBAL EMBA	96	5	3
6	UCLA (ANDERSON) – NATIONAL UNIVERSITY OF SINGAPORE	WORLD	UCLA-NUS EMBA	95	4	7
7	IESE	SPAIN	GLOBAL EXECUTIVE MBA	94.3	10	8
8	INSEAD	FRANCE	INSEAD GLOBAL EMBA	93	9	10
9	UNIVERSITY OF OXFORD	UK	EXECUTIVE MBA	92	8	9
10	COLUMBIA UNIVERSITY	USA	EXECUTIVE MBA	91.6	13	11
11	GEORGETOWN UNIVERSITY	USA	EXECUTIVE MBA	90	12	13
12	CORNELL UNIVERSITY	USA	EXECUTIVE MBA	89	11	12
13	ESSEC-MANNHEIM	WORLD	EXECUTIVE MBA	88.3	16	14
14	CEIBS	CHINA	GLOBAL EMBA	87	7	6
15	ESADE	SPAIN	EXECUTIVE MBA	86	15	16
16	PURDUE UNIVERSITY	USA	EXECUTIVE MBA	85.1	17	18
17	NATIONAL UNIVERSITY SINGAPORE	SINGAPORE	ASIA-PACIFIC EMBA	84	18	20
18	DUKE UNIVERSITY	USA	DUKE MBA – GLOBAL EXECUTIVE	83	21	19
19	KELLOGG-YORK UNIVERSITY (SCHULICH)	WORLD	KELLOG-SCHULICH EMBA	82	24	22
20	RICE UNIVERSITY	USA	RICE MBA FOR EXECUTIVES	81.7	23	23
21	IMPERIAL COLLEGE	UK	EXECUTIVE MBA	80	19	21
22	UNIVERSITY OF TEXAS AT AUSTIN	USA	EXECUTIVE MBA	79	14	15
23	CITY UNIVERSITY LONDON	UK	EXECUTIVE MBA	78.9	20	17
24	UNIVERSITY OF ST.GALLEN	SWITZERLAND	EMBA HSG	77	25	26
25	CASE WESTERN RESERVE UNIVERSITY	USA	EXECUTIVE MBA	76	32	31
26	EMORY UNIVERSITY	USA	WEEKEND EMBA	75	22	24
27	UNIVERSITY OF TORONTO	CANADA	ONE YEAR EMBA	74	39	38
28	TORONTO – ST. GALLEN	WORLD	OMNIUM GLOBAL EXECUTIVE MBA	73.6	30	32
29	UNIVERSITY OF WESTERN ONTARIO	CANADA	IVEY EMBA	72	36	37
30	IMD	SWITZERLAND	IMD EMBA	71	42	40
31	UNIVERSITY OF MARYLAND (SMITH)	USA	SMITH EMBA	70	27	25
32	TEXAS A & M UNIVERSITY (MAYS)	USA	TEXAS A&M EMBA	69.6	26	27
33	TULANE UNIVERSITY	USA	EXECUTIVE MBA	68	44	43
34	UNIVERSITY OF MIAMI	USA	UM EMBA	67	40	42
35	ONEMBA – CHUK RSM UNC FGV SAO PAULO EGADE	WORLD	ONEMBA	66	38	39
36	EM LYON	FRANCE	EXECUTIVE MBA	65	37	34
37	UNIVERSITY OF ILLINOIS UC	USA	EXECUTIVE MBA	64.1	31	28
38	GRENOBLE	FRANCE	INTERNATIONAL EXECUTIVE MBA	63	35	36
39	UNIVERSITY OF BATH	UK	EXECUTIVE MBA	62	28	29
40	ESIC SPAIN	SPAIN	EXECUTIVE MBA	61	–	–
41	UNIVERSITY OF FLORIDA	USA	EXECUTIVE MBA	60.6	29	30
42	UNIVERSITY OF ROCHESTER	USA	EXECUTIVE MBA	59	33	35
43	UNIVERSITY OF PITTSBURG	USA	EXECUTIVE MBA	58	45	46
44	UNIVERSITY OF LEEDS	UK	EXECUTIVE MBA	57	48	49
45	TEMPLE UNIVERSITY	USA	EXECUTIVE MBA	56.7	47	44
46	CRANFIELD UNIVERSITY	UK	EXECUTIVE MBA	55	43	41
47	UNIVERSITY OF NOTTINGHAM	UK	EXECUTIVE MBA	54	41	45
48	DURHAM UNIVERSITY	UK	EXECUTIVE MBA	53.2	50	50
49	UNIVERSITY OF WISCONSIN	USA	EXECUTIVE MBA	52	49	47
50	UNIVERSITY OF LANCASTER	UK	GLOBAL EXECUTIVE MBA	51.7	46	48

TOP 50 ONLINE MBA

MBA ONLINE?
Yes, you read that right. There has been a drastic increase in the number of people opting for online courses in recent times. Online MBA’s are becoming increasingly popular since it allows a professional to pursue the degree wile engaged in a full- time company position. These online lectures can be attended at any time of the day.

WHY OPT FOR IT?
In comparison to a full time course where you have to attend lectures the whole day, an online course gives you more flexibility. You need not quit your job while pursuing an online degree. Its an added bonus to those who are looking to get promoted or just as an add-on to their knowledge bank.

TYPES OF ONLINE MBA
Online programmes: This course is taught entirely online and the student need not visit the university or any institution for the course. All study matter needed is also made available to the student online. Combination programmes: This course has a blend of online courses as well as some conducted in the classroom.

THE PROS
• Allows you the flexibility of working while studying.
• The advantage of making money while studying.
• You can own a global degree without the extra expenditure.
• The admission policy is less rigid as compared to full time MBA courses.
• All you need is an internet connection and the will to learn.

THE CONS
• The biggest drawback is that there is no human connect. Lack of networking since there is no interaction with professionals or other students.
• The online course requires completion of a certain number of log-in hours in order to complete the course.
• No chance to go industry visiting or networking with important people from the industry.
• No classroom pressures and so the student might get de-motivated to continue on his own.
• Not as significant as a full time MBA.

TOP 50 FINANCE

RANK	INSTITUTE	COUNTRY	SCORE	2014 RANK	2013 RANK	2012 RANK
1	IE BUSINESS SCHOOL	SPAIN	10	1	1	3
2	LONDON BUSINESS SCHOOL	UK	99.7	4	2	1
3	PRINCETON UNIVERSITY	USA	99.4	3	3	2
4	LONDON SCHOOL OF ECONOMICS	UK	99.1	2	4	5
5	ESCP EUROPE	EUROPE	98.7	6	10	9
6	ESSEC BUSINESS SCHOOL	FRANCE	98.3	5	6	6
7	MIT	USA	97.8	8	5	5
8	HEC PARIS	FRANCE	97.5	7	8	7
9	UNIVERSITY OF OXFORD	UK	97.2	10	7	8
10	VANDERBILT UNIVERSITY	USA	97	17	21	20
11	GRENOBLE SCHOOL OF BUSINESS	FRANCE	96.5	13	11	13
12	UNIVERSITY OF TEXAS AT AUSTIN	USA	96	9	9	10
13	TEXAS A & M UNIVERSITY	USA	95	14	14	11
14	CITY UNIVERSITY LONDON	UK	94	16	22	22
15	PEKING UNIVERSITY	CHINA	93	12	12	12
16	BOSTON COLLEGE	USA	92	11	18	16
17	IMPERIAL COLLEGE	UK	91.6	15	13	14
18	EDHEC BUSINESS SCHOOL	FRANCE	91.3	20	15	15
19	PURDUE UNIVERSITY	USA	91	19	19	19
20	UNIVERSITY OF WARWICK	UK	90	21	16	18
21	UNIVERSITY OF ST.GALLEN	SWITZERLAND	89.6	18	17	17
22	EMLYON BUSINESS SCHOOL	FRANCE	88.9	22	20	21
23	CRANFIELD UNIVERSITY	UK	88.7	23	23	23
24	UNIVERSITY OF ROCHESTER	USA	88	25	27	27
25	NOVA SCHOOL OF BUSINESS & ECO	PORTUGAL	87	27	29	32
26	ROTTERDAM SCHOOL OF MANAGEMENT	NETHERLANDS	86	28	32	29
27	STOCKHOLM SCHOOL OF ECONOMICS	SWEDEN	85	24	24	26
28	GEORGE WASHINGTON UNIVERSITY	USA	84	26	30	30
29	UNIVERSITY OF READING	UK	83	32	33	37
30	UNIVERSITY OF ILLINOIS UC	USA	82.9	29	25	25
31	EADA	SPAIN	82.5	30	31	31
32	UNIVERSITY OF MARYLAND COLLEGE PARK	USA	82	31	26	28
33	NORTHEASTERN UNIVERSITY	USA	81	35	39	45
34	UNIVERSITY OF FLORIDA	USA	80	36	41	41
35	UNIVERSITY OF MANCHESTER	UK	79	34	36	36
36	WASHINGTON UNIVERSITY ST LOUIS	USA	78.4	33	28	24
37	OHIO STATE UNIVERSITY	USA	77	39	34	34
38	LANCASTER UNIVERSITY	UK	76	37	43	43
39	UNIVERSITY OF ARIZONA	USA	75.3	38	44	40
40	UNIVERSITY BOCCONI	ITALY	74.9	42	38	38
41	UNIVERSITY OF BATH	UK	74.6	40	35	35
42	UNIVERSITY OF UTAH	USA	73.5	41	42	42
43	UNIVERSITY OF NOTTINGHAM	UK	73	44	46	46
44	VLERICK BUSINESS SCHOOL	BELGIUM	72.5	43	40	39
45	VILLANOVA UNIVERSITY	USA	72	47	48	48
46	MICHIGAN STATE UNIVERSITY	USA	71.6	45	37	33
47	UNIVERSITY OF STRATHCLYDE	UK	71	46	47	47
48	TULANE UNIVERSITY	USA	70	48	45	49
49	UNIVERSITY OF COLORADO DENVER	USA	69	50	49	50
50	UNIVERSITY COLLEGE DUBLIN	IRELAND	68	49	50	44

TOP 50 MARKETING

RANK	INSTITUTE	COUNTRY	SCORE	2014 RANK	2013 RANK	2012 RANK
1	NEW YORK UNIVERSITY	USA	100	2	3	1
2	COLUMBIA UNIVERSITY	USA	99	3	1	3
3	UNIVERSITY OF MELBOURNE	AUSTRALIA	98.7	8	5	6
4	NORTHWESTERN UNIVERSITY	USA	97.4	1	2	2
5	JOHNS HOPKINS UNIVERSITY	USA	96.4	4	6	4
6	HEC PARIS	FRANCE	95.2	5	8	11
7	UNIVERSITY OF BATH	UK	94.1	7	4	5
8	EADA	SPAIN	93.6	10	9	12
9	UNIVERSITY OF MANCHESTER	UK	92.5	6	10	8
10	ESCP EUROPE	EUROPE	91.9	9	7	7
11	ESADE BUSINESS SCHOOL	SPAIN	90.1	12	13	22
12	COPENHAGEN BUSINESS SCHOOL	DENMARK	89.9	15	11	10
13	ESSEC BUSINESS SCHOOL	FRANCE	88.1	14	15	15
14	ERASMUS UNIVERSITY ROTTERDAM	NETHERLANDS	87	16	12	9
15	BI NORWEGIAN BUSINESS SCHOOL	NORWAY	86	19	18	19
16	TEXAS A & M UNIVERSITY	USA	85	11	14	17
17	CITY UNIVERSITY LONDON	UK	84	18	16	21
18	GRIFFITH UNIVERSITY	AUSTRALIA	83	20	19	13
19	IMPERIAL COLLEGE	UK	82.7	13	17	18
20	MAASTRICHT UNIVERSITY	NETHERLANDS	81	26	24	25
21	EBS BUSINESS SCHOOL	GERMANY	80.5	22	23	23
22	CRANFIELD UNIVERSITY	UK	79	17	20	16
23	VLERICK MANAGEMENT SCHOOL	BELGIUM	78	23	21	20
24	SKEMA BUSINESS SCHOOL	FRANCE	77	25	26	24
25	CITY UNIVERSITY OF HONG KONG	CHINA	76	24	22	14
26	CLEMSON UNIVERSITY	USA	75.2	29	27	26
27	MONASH UNIVERSITY	AUSTRALIA	74	21	25	28
28	AALTO UNIVERSITY	FINLAND	73.3	30	29	29
29	STOCKHOLM UNIVERSITY	SWEDEN	72	37	34	35
30	BENTLEY UNIVERSITY	USA	71	39	36	38
31	LANCASTER UNIVERSITY	UK	70.7	27	28	27
32	KING’S COLLEGE LONDON	UK	69	31	33	34
33	UNIVERSITY OF GLASGOW	UK	68	35	38	42
34	UNIVERSITY OF STIRLING	UK	67.6	41	39	43
35	ISCTE BUSINESS SCHOOL	PORTUGAL	66	42	40	33
36	UNIVERSITY OF NOTTINGHAM	UK	65	32	32	32
37	FORDHAM UNIVERSITY	USA	64.6	38	35	37
38	UNIVERSITY OF STRATHCLYDE	UK	63.1	28	30	30
39	UNIVERSITY OF NEWCASTLE	AUSTRALIA	62.6	33	31	31
40	BRUNEL UNIVERSITY	UK	61	40	37	41
41	UNIVERSITY COLLEGE DUBLIN	IRELAND	60	34	42	39
42	UNIVERSITY OF EDINBURGH	UK	59	36	44	40
43	UNIVERSITY OF CINCINNATI	USA	58.5	45	41	36
44	UNIVERSITY OF KENT	UK	57	44	43	44
45	UNIVERSITY OF SYDNEY	AUSTRALIA	56	48	46	46
46	UNIVERSITY OF READING	UK	55.7	50	48	49
47	UNIVERSITY OF ASTON	UK	54	47	45	45
48	UNIVERSITY OF LEEDS	UK	53.6	46	47	47
49	FLORIDA STATE UNIVERSITY	USA	52	43	50	48
50	COVENTRY UNIVERSITY	UK	51.5	49	49	50

TOP 50 MANAGEMENT

RANK	INSTITUTE	COUNTRY	SCORE	2014 RANK	2013 RANK	2012 RANK
1	MIT	USA	100	3	1	3
2	IE BUSINESS SCHOOL	SPAIN	99.8	2	2	2
3	LONDON SCHOOL OF ECONOMICS	UK	99.4	1	3	1
4	ROTTERDAM SCHOOL OF MANAGEMENT	NETHERLANDS	99.1	5	5	6
5	HEC PARIS	FRANCE	98.3	6	4	5
6	ESCP EUROPE	EUROPE	97.4	4	6	4
7	ESADE BUSINESS SCHOOL	SPAIN	97	8	11	12
8	UNIVERSITY OF ST.GALLEN	SWITZERLAND	96.5	10	13	15
9	EMLYON BUSINESS SCHOOL	FRANCE	96	7	9	7
10	UNIVERSITY BOCCONI	ITALY	95	11	14	17
11	IMPERIAL COLLEGE	UK	94.6	9	7	9
12	MANNHEIM BUSINESS SCHOOL	GERMANY	93.7	14	10	8
13	HHL LEIPZIG GRADUATE SCHOOL	GERMANY	92.8	12	12	11
14	ESSEC BUSINESS SCHOOL	FRANCE	91	13	8	10
15	COPENHAGEN BUSINESS SCHOOL	DENMARK	90	16	20	23
16	HEC MONTREAL	CANADA	89	20	29	27
17	CITY UNIVERSITY LONDON	UK	88	15	19	16
18	IAG-LOUVAIN	BELGIUM	87	24	26	24
19	BORDEAUX UNIVERSITY	FRANCE	86	17	16	21
20	DUKE UNIVERSITY	USA	85	18	21	20
21	MAASTRICHT UNIVERSITY	NETHERLANDS	84	21	23	22
22	EDHEC BUSINESS SCHOOL	FRANCE	83	19	17	13
23	NORWEGIAN SCHOOL OF ECONOMICS	NORWAY	82	22	31	31
24	UNIVERSITY OF WARWICK	UK	81	28	24	26
25	TELECOM BUSINESS SCHOOL	FRANCE	80	27	27	30
26	THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT	USA	79.6	26	15	18
27	UNIVERSITY OF BATH	UK	78	23	28	29
28	BRUNEL UNIVERSITY	UK	77	25	30	28
29	GRENOBLE GRADUATE SOB	WORLD	76	29	18	14
30	VLERICK BUSINESS SCHOOL	BELGIUM	75	31	22	19
31	UNIVERSITY COLLEGE LONDON	UK	74.6	30	25	25
32	WARSAW SCHOOL OF MANAGEMENT	POLAND	73	34	37	38
33	UNIVERSITY OF NOTTINGHAM	UK	72.3	36	47	48
34	UNIVERSITY OF READING	UK	71	35	40	40
35	ASTON UNIVERSITY	UK	70	33	42	39
36	UNIVERSITY OF EDINBURGH	UK	69	37	34	37
37	LANCASTER UNIVERSITY	UK	68.6	41	35	32
38	UNIVERSITY OF ECONOMICS	CZECH REP	67	32	39	35
39	POLITECNICO DI MILANO	ITALY	66	38	32	34
40	UNIVERSITY OF COLOGNE	GERMANY	65	42	33	36
41	AARHUS UNIVERSITY	DENMARK	64	39	45	47
42	UNIVERSITY OF LEEDS	UK	63.4	43	41	41
43	BI NORWEGIAN SCHOOL OF MANAGEMENT	NORWAY	62	40	38	42
44	ROBERT GORDON UNIVERSITY	UK	61	48	49	49
45	NYENRODE BUSINESS UNIVERSITEIT	NETHERLANDS	60.5	46	43	44
46	SHANGHAI JIAO TONG UNIVERSITY	CHINA	59	44	44	46
47	UNIVERSITY OF STRATHCLYDE	UK	58	45	36	33
48	ANTWERP MANAGEMENT SCHOOL	BELGIUM	57.6	49	46	45
49	BRADFORD UNIVERSITY	UK	56	50	48	50
50	CATHOLIC UNIVERSITY OF PORTUGAL	PORTUGAL	55	47	50	43

FACTOR RANKINGS AN INSIDE VIEW

TO FIND WHAT MAKES A WORLD-CLASS INSTITUTION SPECIAL, WE ASKED CURRENT STUDENTS AND 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

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 INSTITUTETES?

We chose 1550 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.

20% Alumni

20% Institute

20% Current Students

40% Recruiters

{SOURCE OF INFORMATION}

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 1550 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 program 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 14800 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.

INSTITUTES 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 pre-experience as well as the post-experience Masters programmes. The ranking also includes the programmes which are recently established.
Masters in Management – 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 5 Issue 5