11.2.2008
The World's Top MBA programmes
The Financial Times published their annual ranking of the top worldwide full-time MBA programmes. Like last year and in eight of the ten years the ranking has been conducted, the Wharton School at the University of Pennsylvania retained the first place. Four European schools made it into the top ten this year with the London Business School ranking number two, overtaking Harvard Business School, Stanford and Colombia University. This is the highest position ever achieved by a European business school and it is a sign that Europe is gaining more influence in a sector traditionally dominated by the American schools.
Apart from Europe, Asia is becoming a global player in the MBA world. China alone has more than 100 accredited institutions offering MBA programmes. Two of them achieved a place in the top 100: Shanghai’s China European International Business School (Ceibs) and the
Antai College of Economics and Management.For the first time even an Indian business school achieved a place
in the top 100. The Indian School of Business in Hyderabad is ranked number
20. Its MBA programme began just six years ago.
“We have come out of a time
where most of us wanted to emulate the US business schools. I think in
the next 10 years we will want to differentiate ourselves and build on
our own strengths,” says Arnoud De Meyer,
director of the Judge Business School. The Financial Times ranking assesses schools in
three different categories: the success of their alumni, the global focus of the
school and its record in generating ideas. Business schools based in 16 different countries are represented in this year’s global ranking of the 100 MBAs. These
include 57 US schools (down from 60 in 2007) 15 UK schools, six from
Canada, four from Spain, three each from China and France, two each
from Australia and the Netherlands, and one each from Belgium, Ireland,
India, Italy, Mexico, Singapore, Switzerland and South Africa. Source: Financial Times
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