Harvard Business School, Kellogg School of Management (Northwestern University), Wharton Business School and University of Michigan’s Ross School of Business are ranked at #2, #3, #4 and #5 respectively. Queen’s School of Business, Canada is ranked at #1 non-US MBA, followed by Spanish B-school IE Business School.
No Indian B-school has managed to feature in the list of top non-US B-schools.
Business Week’s biennial rankings of full-time MBA programs are based on three elements: a survey of newly minted MBA’s, a poll of corporate recruiter’s, and an evaluation of faculty research output. The MBA surveys and the recruiters poll each contribute 45% to the final ranking, with the intellectual-capital ranking contributing the final 10%.
INSEAD, France, Western Ontario (Ivey), Canada and London Business School, Britain are ranked at #3, #4 and #5 respectively on the Best International B-schools of 2008 list.
Businessweek Best US B-schools for 2008
|
|
|||||||
|
1 |
1 |
Chicago (Booth) |
1 |
2 |
6 |
97,165 |
|
|
2 |
4 |
Harvard |
4 |
4 |
9 |
101,660 |
|
|
3 |
3 |
Northwestern (Kellogg) |
6 |
1 |
25 |
93,918 |
|
|
4 |
2 |
Pennsylvania (Wharton) |
3 |
5 |
11 |
100,860 |
|
|
5 |
5 |
Michigan (Ross) |
10 |
3 |
12 |
90,879 |
|
|
6 |
6 |
Stanford |
2 |
9 |
2 |
97,842 |
|
|
7 |
10 |
Columbia |
7 |
6 |
8 |
94,104 |
|
|
8 |
9 |
Duke (Fuqua) |
13 |
7 |
1 |
95,000 |
|
|
9 |
7 |
MIT (Sloan) |
5 |
8 |
14 |
93,568 |
|
|
10 |
8 |
UC-Berkeley (Haas) |
8 |
11 |
5 |
84,055 |
|
Source: BusinessWeek.com
Businessweek Best International B-schools for 2008
|
|
|||||||
|
1 |
1 |
Queen's: Canada |
5 |
1 |
7 |
63,896 |
|
|
2 |
NA |
IE Business School: Spain |
1 |
6 |
13 |
65,950 |
|
|
3 |
6 |
INSEAD: France |
4 |
4 |
2 |
78,000 |
|
|
4 |
2 |
Western Ontario (Ivey): Canada |
7 |
2 |
5 |
68,805 |
|
|
5 |
5 |
London Business School: Britain |
3 |
7 |
1 |
78,315 |
|
|
6 |
7 |
ESADE: Barcelona |
8 |
3 |
15 |
70,000 |
|
|
7 |
4 |
IMD: Switzerland |
3 |
9 |
10 |
70,068 |
|
|
8 |
3 |
Toronto (Rotman): Canada |
15 |
5 |
3 |
80,424 |
|
|
9 |
8 |
IESE: Spain |
6 |
13 |
11 |
88,600 |
|
|
10 |
NA |
Oxford (Saïd): Britain |
10 |
10 |
12 |
62,000 |
|
Source: BusinessWeek.com
The magazine also notes some interesting trends sweeping the international management education:
- With slowdown of economy and meltdown of financial markets, MBA applications are up at leading B-schools.
- New courses and electives are being introduced on financial risk management. These electives are finding enthusiastic response from MBAs
- New ‘Millennial’ MBA applicants are demanding more inputs on ‘social’ and ‘green’ business management
- And finally, B-schools outside of the US are differentiating by offering accelerated programmes
Talking about the methodology, BusinessWeek says, “The MBA survey, which measures satisfaction with all aspects of the B-School experience, is combined with two previous MBA surveys, for a total pool of more than 20,000 responses over six years. The corporate poll, which asks recruiters identify the schools that produce the best graduates, is also combined with two previous survey, for a total of nearly 700 responses. Finally, BW tallies the number of article published by each school’s faculty in 20 top journals and review of their books in three national publications. It then adjusts the total for faculty in size and assign an intellectual-capital rating for each school.”
