MBA education in Singapore began to spread its wings in early years of 21st century only as against USA, UK, India, Canada who have a legacy of 50 to 100 years of imparting management education. The surprising factor is that during the short span of beginning the MBA Education Singapore MBA Colleges Ranking has acquired the status of high internationally ranked B-schools in the world and have become the most preferred destination for the MBA abroad aspirants. Financial Times (FT) Ranking and FORBES ranking among others have awarded high positions to NUS, NTU, INSEAD, SMU in world rankings to Singapore MBA.
Financial Times Global MBA Ranking
INSEAD France/Singapore 4
National University of Singapore (NUS) 31
Nanyang Business School 40
QS TOP Singapore MBA Colleges Ranking
INSEAD Singapore 1
NUS Business School 2
Nanyang Business School 3
Lee Kong Chian School of Business, Singapore Management University 4
FORBES - International Business Schools Worldwide ranking
National University of Singapore (NUS) 10
Eduniversal Business School Ranking in Singapore
NUS Business School 1
Singapore Management University 1
Nanyang Business School 2
Several International rankings are published annually by various league tables such as Financial Times, QS Top MBA Rankings, Eduniversal, Forbes International Business School rankings among others. Different league tables follow a different methodology to rank the business schools.
To know more about Singapore MBA Colleges Ranking let us understand about various methodologies used while ranking the B-schools.
Ranking Methodology used by Financial Times in brief
The ranking is compiled using alumni survey and various data collected by the schools for world ranking including Singapore MBA Colleges Ranking.
1. To be eligible to participate in FT ranking, a school must have AACSB or EQUIS accreditation. A programme must have been running for atleast four years and the first batch must have graduated atleast three years before the ranking publication date.
2. The schools must have a minimum number of 30 graduates each year.
3. Atleast 20% of the alumni must respond to the FT survey.
4. Alumni survey is made up of eight criteria which include salary increase of the alumni before MBA and three years after graduation.
5. The FT Global MBA is a relative ranking evaluated by ranking schools against each other and removing schools that did not meet the response rate threshold from the alumni survey.
Ranking Methodology by QS Top MBA
Employability after MBA is the most important measure in QS MBA ranking including Singapore MBA Colleges Ranking. They collect surveys from employers and let them select international MBA colleges from which they will consider hiring MBA graduates from. Employers focusing on domestic hiring are not included on the survey. Apart from employability, academic reputation is taken into consideration.
Ranking Methodology by Forbes
Return on Investment is the key criteria for Forbes Business School ranking. Alumni surveys are collected which included salary comparison before and after MBA. Schools where alumni have a negative ROI are not included. The same methodology is used in Singapore MBA Colleges Ranking. Forbes generally separates U.S. and Non U.S. MBA colleges in the rankings.
Ranking Methodology by Eduniversal
The Eduniversal Evaluation System (EES) includes ranking and rating of two separate categories with two separate methodologies. The top 1000 global business schools, and the top 4000 Masters and MBA programs, both are selected from 9 geographical zones and 154 countries. They use a three step process which includes quantitative criteria, qualitative criteria, international criteria and dean’s vote. The methodology used by Eduniversal has placed Singapore MBA Colleges Ranking in high position.
International Ranking Significance
Top worldwide Rankings awarded to B-schools by reputed agencies and groups signify the brand value of the business school. Not only does the ranking help prospective applicants choose a school, it also helps the MBA colleges attract important clients in the form of recruiters and sponsors for scholarships.
Rankings are based on several criteria and high position of Singapore MBA Colleges Ranking reflects good quality of students, teacher-student ratio, placements, notable alumni, student satisfaction, fees, infrastructure among others.
Pick your B-school
Now that we have shared a brief on various methodologies, you probably have a fair idea of how the B-schools are evaluated and ranked. This will help you pick the B-school of your choice. Singapore is now one of the most sought after destinations for MBA. Apply early and secure an MBA seat in the B-school in Singapore.
INSEAD or NUS Business School Singapore MBA; Decision is difficult to make; both with distinct USPs
SMU Singapore MBA: Evaluation Criteria and Recommended Profile for admission
National University of Singapore (NUS) Business School MBA: Pit your wits against the best with NUS case competitions
Nanyang Business School Singapore; MBA Programme has the finest curriculum; Apply by Dec 31
NUS Singapore MBA Unique, Rigorous and a Rewarding Academic Experience
Nanyang Technological University and Singapore Management University; MBA kitty has much to offer; choose the one you pr
Stay tuned to MBAUniverse.com for more updates on MBA in Singapore.