Global 200 Business School Rankings 2014-15

8/10/2019 Global 200 Business School Rankings 2014-15

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QS Global 200Business Schools Report

2014 / 2015

Louis Lavelle, MA New York University, BA Montclair State University

Daniel Kahn, BSc, BA (Hons) Salford University

Unlocking the world’s top 200 business schools

GLOBAL

200



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Introduction 3

1.0 Fast Facts 4

2.0 Regional MBA Rankings 6

3.0 Employer Survey Sample 10

4.0 Academic Survey Sample 14

5.0 Top business schools by region: North America 17

6.0 Top business schools by region: Europe 21

7.0 Top business schools by region: Asia-Pacic 258.0 Top business schools by region: Latin America 28

9.0 Top business schools by region: Middle East & Africa 30

Contents



2 2014/15 QS Global 200 Business Schools Report

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About the Contributors

Editor: Nunzio Quacquarelli is founder and managing directorof QS Quacquarelli Symonds Ltd, publishers of TopMBA.comand organizers of QS World MBA Tour. He has an MA from theUniversity of Cambridge and an MBA from the Wharton School.He lives and works in London.

Editor: Louis Lavelle is the editor-in-chief of TopMBA.com. His35-year career in journalism includes eight years as the business

schools editor at Bloomberg Businessweek, where he co-led theteam that won two National Magazine Awards. He is also theauthor of The Best B-Schools (McGraw-Hill Professional, 2008).Lavelle has an MA from New York University and a BA fromMontclair State University. He lives and works in New York City.

Analyst: Daniel Kahn is a researcher with QS QuacquarelliSymonds Ltd, and heads up the data collection team for theQS Global 200 Business Schools Report. He has travelledextensively to attend QS admissions events giving him broadknowledge of the MBA world. Before joining QS he worked forthe telecommunications company, Alcatel. He lives and works inParis.



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The QS Global 200 Business Schools Report originated in the early 1990sas an alternative to business school rankings. At the heart of the reportwas a denitive list of 200 business schools from which employersprefer to recruit MBAs. The research was intended to be of use to MBAemployers, prospective MBA students and institutions worldwide thatare interested in international business education and recruitmenttrends.

All that is still true. But for the rst time this year QS is introducing a numberof changes that will transform the Global 200 Business Schools Report. Thereport is compiled from an annual survey of human resources managersat companies around the world that actively recruit MBA graduates. Withthe 2014/15 report, the research now includes a second measure: academicreputation. Based on a global survey of top faculty with expertise in businessand management, the new measure identies those business schools with thebest worldwide reputation for cutting-edge research, an expertise that informsteaching, curricula, and many other aspects of those programs.

At the same time, we’re changing the way we present the data. In the past, wepublished separate regional rankings for four categories of business schools:elite global, emerging global, elite regional, and emerging regional. Our newreport eliminates the four categories in favor of a single ranking for each region

covered: North America (the US & Canada), Europe, Asia-Pacic, Latin America,and the Middle East & Africa.

Rankings in 10 MBA specializations, from strategy to corporate socialresponsibility will be published at a later date. We have also eliminated school-by-school placement, salary, and bonus data, which is not part of our rankingmethodology. That data will be presented in a new report on the MBA’s returnon investment, to be published separately.

The changes are based on the growing realization that the value propositionof the MBA is changing. It is no longer viewed as merely a passport to high-paying job. For many students, it is also a way to create value in other ways– whether that means working with a nonprot or starting a business. Thosegoals require academic skills far beyond the ones that prepared generationsof MBAs for careers in nance and consulting, and they demand a new kind ofranking. This report is just such a ranking.

Introduction



QS Global 200 Business SchoolsReport 2014/15

Fast Facts

1.0



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• Worldwide: Six schools received the maximum score for employer recognition, identifyingthem as the leading schools in their region, including two new US additions to this club: theUniversity of Pennsylvania’s Wharton School and Northwestern University’s Kellogg Schoolof Management. Four schools received the maximum score for academic reputation: Harvard

Business School, Stanford Graduate School of Business, the Wharton School and MIT’s SloanSchool of Management. Three schools – Harvard, Stanford, and Wharton – received the maximumscore for both.

• North America: The triumvirate that dominates the top tier of US business schools once againoccupies the top of the North American list this year, with Harvard, Stanford and Wharton in anunprecedented three-way tie for the No. 1 spot. The change in the ranking methodology resultedin big shifts among well-known schools. In the top 10, New York University’s Stern Schoolof Business moved up 11 spots to No. 10. Elsewhere, the McCombs School of Business at theUniversity of Texas, Austin, gained 10 spots, the Marshall School of Business at the University ofSouthern California advanced 18 spots and the Paul Merage School of Business at the Universityof California, Irvine rose by 19.

• Europe: After more than a decade at the top, INSEAD surrenders the No. 1 spot in Europe toLondon Business School in what amounts to a rankings dead heat, with LBS nudging out itsrival by the narrowest of margins. Saïd Business School at Oxford University joins the top three,HEC Paris and SDA Bocconi join the top ve, and the University of Strathclyde Business School,Cass Business School, Business School Lausanne, and Grenoble Graduate School of Business allgained 20 spots or more.

• Asia-Pacic: INSEAD’s Singapore program retains its grip on the Asia-Pacic title thanks to areputation among international MBA employers that exceeds that of all other business schoolsin the region several times over and an academic reputation among the very best in the world.

Singapore retains its hold on the top of the list, while two Hong Kong schools have come out ofnowhere to establish a formidable foothold in the top ve. India has lost three of its four top 10spots, including those held by prestigious IIMs in Bangalore and Calcutta as well as the IndianSchool of Business.

• Latin America: EGADE-Tecnológico de Monterrey, Campus Monterrey, Latin America’s topschool for both employer recognition and academic reputation, once again retains the No. 1spot, followed by Ponticia Universidad Católica de Chile, which held on to No. 2. Two schools,unranked last year, joined the group: Universidad Adolfo Ibáñez at No. 5 and UniversidadDiego Portales at No. 9. Universidad de Chile was the big gainer, advancing three spots toNo. 3, followed by INCAE Business School, which moved up two spots to No. 6, and InstitutoTecnológico Autónomo de México (ITAM), which moved up one spot to No. 4.

• Middle East & Africa: A new entry to the Global 200, the College of Industrial Management atKing Fahd University, took the No. 1 spot from the Graduate School of Business at the Universityof Cape Town, which fell to No. 3. The American University in Cairo rose two spots to No. 2, whilethe Suliman S. Olayan School of Business at the American University of Beirut rose one spot toNo. 4.




Regional MBA

Rankings

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Management education is globalizing. The past decade has seen an increase of accredited businessschools open in emerging markets such as in the BRICs (Brazil, Russia, India, and China). Whilebusiness schools in the US and Europe remain the most popular study destinations among MBAstudents, schools elsewhere in the world such as those in Asia are growing in popularity. The

proliferation of accredited programs around the globe has led to a wider choice for MBA applicantsover the past few years. Recent trends indicate that there is greater onus on choosing the rightcountry as well as the right business school. According to the QS TopMBA.com Applicant Survey2014, over 50% of MBA students are choosing schools based on the country in which they wish towork.

Furthermore, international MBA recruiting is no longer the domain of a few prestigious US andEuropean companies. A growing number of HR managers in the Asia-Pacic region, Latin America,and the Middle East are informed about MBA education, widening the sample available for the QSGlobal Employer Survey.

As a consequence of these shifts, regional MBA trends are of increasing importance. In order toprovide data to help students and recruiters best choose which schools to apply to and recruitfrom, QS has categorized its business school ratings by region.

Methodology

Since the beginning, the objective of the QS Global 200 Business Schools Report has been to providean indication of the employability of an MBA upon graduation. Unlike traditional business schoolrankings, which measure programs on multiple criteria, QS for many years published a rating thatprovides a reliable measure of one thing only: the employability of MBA graduates.

For the 2014/15 report, QS has adopted a new methodology. The employability measure, based onour global survey of MBA employers, will now count for 85% of the nal ranking. A second measure– academic reputation – based on a global faculty survey, will contribute 15% to the nal ranking.

Employer Survey

The QS Global 200 Business Schools Report survey (hereafter referred to as the ‘survey’) capturesthe preferred set of business schools each responding employer wishes to recruit from; either now,in the recent past or in the near future.

QS asks international employers to select the schools from which they consider hiring MBAgraduates. Employers that focus on domestic hiring are not included in the survey. However, QSrecognizes that many excellent schools that cater predominantly to the local recruitment marketmay not appear in the tables.

We include only business schools offering full-time MBA programs and as such well-knownbusiness schools like ESCP Europe and HEC Lausanne (which only offer executive MBA, part-timeMBA and/or masters programs) are excluded.




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In order to produce the QS Global 200 Business Schools Report, QS focuses on experienced HR andline managers at organizations that actively recruit MBAs. Respondents from each company areasked a series of questions about MBA recruiting in the previous and the forthcoming year.

Employer responses to these questions provide information on the following:

• MBA recruitment trends

• MBA salaries and compensation trends

• Global business school ratings by region

• Global business school ratings by specialization

Each employer is asked to list, unprompted, the international schools from which they haverecently attempted to recruit MBAs. Each time a school is selected by an employer, it receives onevote and the total number of votes for each school is referred to as the ‘total unprompted votes.’

From a list of 500 business schools that have been categorized by region, employers are then askedto identify the schools they regard as attractive for the purpose of hiring MBA graduates. In orderto be included on the list, a school must have been recommended by an employer in the previousyear of the research. Each time a school is selected, it is given one vote, and the total for eachschool is referred to as the ‘total prompted votes.’

The prompted and unprompted votes are added together to create the ‘total employer votes.’ Inorder to ensure balanced results that are not subject to inuence from the economic cycle, anaverage of the ‘total employer votes’ is taken from the current year’s research and the two previous

surveys.

The best performing school(s) are given an index score of 100 and the average total employer votesfor the remaining schools are indexed against the best performing school(s). This score is known asthe school’s ‘index of employer votes.’



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Academic Reputation

Separate from the employer survey, the QS Intelligence Unit surveys academics from all over theworld each year, a survey that forms the centerpiece of the QS World University Rankings. In 2014,

63,676 faculty and other academics responded to the survey.

Respondents are rst asked to identify their areas of expertise – countries, regions, and up to vefaculty areas with which they are most familiar. For each of the ve faculty areas, they are thenasked to list up to 10 domestic and 30 international institutions that they consider excellent forresearch in that area. They are not permitted to choose their own institutions. For the QS Global200 Business Schools Report, only responses related to business and management were used.

To increase the size of the sample, responses from one year are combined with those from twoprevious years, and duplicate responses from the same individuals over the three-year period areremoved. In 2014, QS received 3,128 usable responses. Combining the 2014 responses with thosefrom two previous years gave us a total of 7,187 responses.

As with the employer survey, the best performing school(s) in the academic survey are given anindex score of 100 and the remaining schools are indexed against the best performing school(s).

Final Ranking

To assemble the nal ranking, we assign a weight of 85% to the employer survey results and of 15%to the academic reputation results. This combined score determines the relative position of eachschool on each table.

This research does not intend to infer an overall global ranking of schools. Instead, the schoolsin ve global regions are ranked separately. Breakdowns for elite global, emerging global, eliteregional, and emerging regional business schools that appeared in previous reports are no longerprovided.

The combined or overall scores listed in the ranking tables are rounded to one decimal point.Schools with the same overall score might have a different rank because of this rounding.




Employer Survey

Sample

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Employer Survey Sample

The survey was conducted over six months and represents one of the largest exercises QS hasundertaken in terms of geographic scope and level of detail.

The total of 28,759 employers responded to the QS Global Employer Survey between 2012 and 2014,including 5,669 who were actively recruiting MBAs. All employers who responded to the survey areguaranteed condentiality for the components of their individual responses, except for any open-ended feedback they have chosen to provide on the value of an MBA or concerns with MBA hires.

The following table gives a snapshot of some of the organizations that took part in the surveyacross the world.

Source: QS Global 200 Business Schools Report 2014/2015 (TopMBA.com)

Asia Europe US & Canada Latin America

Consulting Beijing Consulting Group AT Kearney Booz Allen Hamilton Accenture

Grant Thornton LLP Bain & Company Deloitte DeloitteErnst & Young BCG Ernst & Young KPMGIBM PwC Towers Watson PwC

Finance Commonwealth Bank AXA American Express Banco Santan

Citibank Bloomberg BlackRock Bancolombia

Nomura BNP Paribas Citibank BBVA ContinentaOCBC Bank Deutsche Bank ING HSBC

Industry Air Liquide Abbott 3M Colgate PalmoliveAlstom Alstom Best Buy DaimlerBaxter Bayer ConAgra Foods ExxonBombardier Boehringer DHL Merk

Technology Hitachi Alcatel-Lucent Brightstar Corporation Hewlett-PackaMicrosoft Google Apple AtosLG Electronics Avaya Oracle BlackBerryTata Microsoft Microsoft MercadoLibre




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Industry Distribution of Employers

The chart below shows the spread of employers across 20 industries. This reects the globalspread of industries that hire MBAs. The consulting and nancial services sectors are the largest

respondents in 2014, reecting traditional MBA hiring patterns. HR/recruitment services,manufacturing, IT, consumer goods and energy are also well represented in the sample.



0 200 400 600 800 1000

Aerospace / Defence

Construction / Property

"Consulting / Professional Services

Electronics / High Technology

Energy

Consumer Goods

Financial Services / Banking

IT / Computer Services

Manufacturing / Engineering

Media / Entertainment & Arts

Metals / Mining

&Pharmaceuticals / Biotech & Healthcare

"Public Sector / Govt. / Non-profit

Recruitment / HR services

Retail

Telecoms

Transportation / Distribution

Travel / Leisure / Hospitality

Utilities

Other

Education

Responses by industry

Law



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Geographical distribution of employers

Responses were received from employers across the globe, with 19% of employer respondentsbased in Western Europe, 14% in North America, 30% in Asia-Pacic, 6% in Eastern Europe, 13% in

Middle East and Africa, 18% (of which the majority were hiring locally) in Latin America. Amongrespondents in Asia-Pacic, 12% were employers in Australia and New Zealand. This breadth ofresponse provides detailed insights into MBA recruiting patterns across the globe.


13%

30%

6%

18%

14%

19%

Africa & Middle East

Asia Pacic

Eastern Europe

La?n America

US & Canada

Western Europe




Academic Survey

Sample

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Academic Survey Respondents by Years in Academia 2014

0

200

400

600

800

1000

1200

0-10 11-20 21-30 31-40 41-50 51+

Total

Total




Top business schoolsby region: North America


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2014Rank

2013Rank Institution Country Employer

ScoreAcademic

ScoreOverallScore

Avg GMATScore

Avg YearsWork % Intern

1= 1 Harvard Business School United States 100.0 100.0 100.0 730 41= 2 Graduate School of Business, Stanford University United States 100.0 100.0 100.0 732 4

1= 3 The Wharton School, University of Pennsylvania United States 100.0 100.0 100.0 725 54 4 The University of Chicago Booth School of Business United States 99.9 99.6 99.9 7235 6 Columbia Business School, Columbia University United States 99.8 99.2 99.7 716 56 5 The Kellogg School of Management, Northwestern University United States 100.0 97.8 99.7 7157 9 Sloan School of Management, Massachusetts Institute of Technology (MIT) United States 99.4 100.0 99.5 7138 12 Ross School of Business, University of Michigan United States 97.1 95.9 96.9 7019 7 UCLA Anderson School of Management United States 96.6 97.9 96.8 707 510 21 Stern School of Business, New York University (NYU) United States 93.8 97.3 94.3 72111 17 Yale School of Management, Yale University United States 92.6 95.9 93.1 71412 11 Haas School of Business, UC Berkeley United States 90.5 99.8 91.9 714 513 10 The Fuqua School of Business, Duke University United States 91.2 88.7 90.8 63414 8 Joseph L. Rotman School of Management, University of Toronto Canada 90.5 86.3 89.9 674

15 14 Richard Ivey School of Business, The University of Western Ontario Canada 81.5 56.4 77.7 66216 19 Sauder School of Business, University of British Columbia Canada 68.7 85.1 71.2 65817 15 Desautels Faculty of Management at McGill University Canada 69.1 80.4 70.8 69018 20 Thunderbird School of Global Management United States 75.8 21.2 67.6 601 419 29 McCombs School of Business, University of Texas at Austin United States 60.9 88.8 65.1 69020 24 Boston University School of Management United States 60.0 47.9 58.2 620 521 25 Kelley School of Business, Indiana University United States 58.1 51.8 57.2 664 522 16 HEC Montreal Canada 55.7 58.3 56.1 625 723 42 Marshall School of Business, University of Southern California United States 53.2 51.1 52.9 69024 27 Tuck School of Business at Dartmouth United States 51.7 52.1 51.8 718 525 31 S.C. Johnson Graduate School of Management, Cornell University United States 43.9 78.9 49.2 70026 34 Illinois MBA Program, University of Illinois Urbana-Champaign United States 43.4 69.4 47.3 66127 23 Kenan-Flagler Business School, University of North Carolina United States 44.4 60.5 46.8 69028 13 Schulich School of Business, York University Canada 51.2 20.7 46.6 663 629 26 Tepper School of Business, Carnegie Mellon University United States 40.1 79.0 45.9 69130 33 McDonough School of Business, Georgetown University United States 45.0 40.4 44.3 68831 18 Queen’s School of Business Canada 44.4 41.8 44.0 665 532 22 Alberta MBA Programs, University of Alberta Canada 42.8 46.3 43.3 648 533 51 The Paul Merage School of Business, University of California, Irvine United States 46.5 18.2 42.3 66034 38 The Carroll School of Management, Boston College United States 40.1 35.1 39.4 59335 30 Full-Time MBA Program, Mays Business School, Texas A&M University United States 38.0 45.5 39.1 64836 54 Graduate School of Management, University of California, Davis United States 42.3 21.1 39.1 69037 28 University of Virginia Darden School of Business United States 37.4 40.8 37.9 70638 71 The Eli Broad Graduate School of Management, Michigan State University United States 27.4 58.7 32.1 66039 36 Goizueta Business School, Emory University United States 34.7 14.9 31.7 675 540 61 Rady School of Management, University of California, San Diego United States 29.7 32.9 30.2 61341 48 University of Massachusetts Boston MBA Program United States 32.4 9.8 29.0 58042 60 Max M. Fisher College of Business, The Ohio State University United States 23.5 59.0 28.8 66643 35 Georgia Tech College of Management United States 21.9 64.7 28.3 678 544 53 Darla Moore School of Business, University of South Carolina United States 30.2 13.0 27.6 66445 83 Naveen Jindal School of Management, The University of Texas at Dallas United States 25.2 33.1 26.4 672



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2014Rank


ScoreAcademic

ScoreOverallScore

Avg GMATScore


46 39 Babson College United States 22.4 47.1 26.1 610 547 83 Olin Business School, Washington University in St. Louis United States 25.2 25.2 25.2 696

48 63 Telfer School of Management, University of Ottawa Canada 25.8 12.1 23.8 627 349 87 Carlson School of Management, University of Minnesota United States 17.4 57.2 23.4 69050 81 DeGroote School of Business, McMaster University Canada 23.0 21.0 22.7 630 351 56 The Fox School of Business, Temple University United States 24.6 8.9 22.3 64052 58 Madison Wisconsin School of Business, University of Wisconsin United States 17.4 45.4 21.6 67653 59 Jesse H. Jones Graduate School of Business, Rice University United States 21.3 18.5 20.9 68254 85 Krannert School of Management, Purdue University United States 14.7 53.5 20.5 62755 65 W. P. Carey School of Business, Arizona State University United States 13.6 47.8 18.7 63756 77 Smeal College of Business, Penn State University United States 11.4 59.5 18.6 645 457 69 Robert H. Smith School of Business, University of Maryland United States 10.4 62.9 18.3 65658 41 Graduate School of Business, Florida International University United States 18.5 15.2 18.0 56759 43 Weatherhead School of Management, Case Western Reserve University United States 16.9 22.7 17.8 631

60 45 Edwards MBA, University of Saskatchewan Canada 19.6 6.7 17.7 576 661 46 Haskayne School of Business, University of Calgary Canada 16.9 19.2 17.3 620 562 80 Michael G. Foster School of Business, University of Washington United States 12.0 46.9 17.2 67063 57 Segal Graduate School of Business, Simon Fraser University Canada 18.0 12.8 17.2 60764 52 The Johns Hopkins Carey Business School United States 14.7 29.2 16.9 650 365 62 School of Business, George Washington University United States 14.7 27.4 16.6 62066 Eller School of Management, University of Arizona United States 10.4 47.8 16.0 63967 49 Gustavson School of Business, University of Victoria Canada 14.7 19.2 15.4 560 468 72 Cox School of Business, Southern Methodist University United States 16.9 5.7 15.2 64169 University of California, Riverside United States 13.6 16.0 14.0 593 370 50 J. Mack Robinson College of Business, Georgia State University United States 12.0 23.3 13.7 60071 47 Leeds School of Business, University of Colorado at Boulder United States 13.1 16.7 13.6 62572 90 LeBow College of Business, Drexel University United States 14.2 9.5 13.5 60073 Henry B. Tippie School of Management, University of Iowa United States 11.4 22.2 13.0 63574 Universite Laval Canada 12.0 15.8 12.6 643 375 70 Daniels College of Business, University of Denver United States 13.1 9.2 12.5 60276 68 Peter F. Drucker, Claremont Graduate University United States 12.5 12.1 12.4 625 477 32 School of Business Administration, University of Miami United States 13.6 5.2 12.3 70478 64 Graduate School of Management, University of San Francisco United States 14.2 1.0 12.2 57079 44 John Molson School of Business, Concordia University Canada 12.5 10.3 12.2 62380 Odette School of Business, University of Windsor Canada 13.6 3.3 12.1 615 281 Loyola University Chicago United States 11.4 11.5 11.4 575 482 67 Rutgers Business School - Newark and New Brunswick United States 12.0 7.4 11.3 58283 Graduate School of Business, University of Florida United States 1.5 54.0 9.4 672 584 School of Business, University of Northern British Columbia Canada 8.2 14.1 9.1 57585 Graduate School of Business Administration, San Diego State University United States 9.3 6.7 8.9 60286 37 Owen Graduate School of Management, Vanderbilt University United States 9.3 5.7 8.8 68887 76 Katz Graduate School of Business, University of Pittsburgh United States 8.2 7.0 8.0 62288 Terry College of Business, University of Georgia United States 7.2 11.7 7.9 643 589 55 American University Kogod School of Business United States 7.7 8.2 7.8 590 490 82 School of Management, University at Buffalo - SUNY United States 7.7 3.0 7.0 600





Top business schoolsby region: Europe


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2014Rank


ScoreAcademic

ScoreOverallScore

Avg GMATScore


1 2 London Business School United Kingdom 100.0 99.9 100.0 638 62 1 INSEAD France 100.0 99.6 99.9 702 63 4 Said Business School, Oxford University United Kingdom 96.6 99.7 97.1 6004 10 HEC Paris MBA Program France 95.8 88.4 94.7 683 65 6 SDA Bocconi School of Management Italy 86.5 89.0 86.9 600 56 3 IE Business School Spain 94.3 43.7 86.7 680 57 8 ESADE Business School Spain 85.3 74.9 83.7 670 58 5 IMD Switzerland 88.0 51.9 82.6 676 79 7 IESE Business School, University of Navarra Spain 83.5 54.9 79.2 670 410 13 Judge Business School, University of Cambridge United Kingdom 75.1 99.9 78.8 66011 14 Imperial College Business School, Imperial College London United Kingdom 69.5 88.4 72.3 64512 9 Copenhagen Business School Denmark 52.2 89.0 57.7 550 713 20 Warwick Business School, University of Warwick United Kingdom 47.1 89.5 53.5 60014 27 Manchester Business School, The University of Manchester United Kingdom 44.4 92.3 51.6 62815 11 The St.Gallen MBA, University of St Gallen Switzerland 45.0 64.9 48.0 65616 29 ESSEC Business School France 35.2 43.5 36.5 600 617 17 Craneld School of Management United Kingdom 33.6 49.5 36.0 660 718 15 Mannheim Business School Germany 24.6 62.4 30.3 675 719 21 European Business School (EBS) Germany 32.4 15.1 29.8 600 720 19 Rotterdam School of Management, Erasmus University Netherlands 17.4 94.5 29.0 60021 12 Trinity MBA,University of Dublin, Trinity College Ireland 25.8 40.2 28.0 62522 44 Cass Business School United Kingdom 21.9 51.5 26.3 634 723 23 ESIC Business & Marketing School Spain 21.9 30.6 23.2 550 524 30 University of Edinburgh Business School United Kingdom 14.7 66.3 22.4 60025 45 Grenoble Graduate School of Business, Grenoble Ecole de Management France 19.6 28.2 20.9 55026 24 MIP - School of Management, Politecnico di Milano Italy 18.5 29.3 20.1 580 627 35 EDHEC Business School France 19.1 24.9 20.0 646 928 49 Business School Lausanne Switzerland 18.5 21.8 19.0 550 329 37 Sorbonne Graduate Business School - IAE de Paris France 14.2 42.8 18.5 580 430 33 Henley Business School United Kingdom 15.2 35.0 18.2 640 531 42 Nottingham University Business School United Kingdom 12.0 51.8 18.0 640 632 Birmingham Business School United Kingdom 12.0 44.7 16.9 500 833 25 WHU Otto Beisheim School of Management Germany 13.1 35.7 16.5 640 4



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2014Rank


ScoreAcademic

ScoreOverallScore

Avg GMATScore


34 Aberdeen Business School, The Robert Gordon University United Kingdom 16.9 12.6 16.3 50035 60 University of Strathclyde Business School United Kingdom 7.7 55.1 14.8 600 136 36 Ashridge Business School United Kingdom 15.2 6.4 13.9 600 1337 Lancaster University Management School United Kingdom 1.5 75.1 12.5 601 838 51 Aston Business School, Aston University United Kingdom 4.6 52.9 11.9 60039 31 Smurt School of Business, University College Dublin Ireland 7.2 35.5 11.5 63040 52 Durham Business School, Durham University United Kingdom 8.2 29.7 11.4 65041 50 EMLYON Business School France 5.6 43.4 11.3 600 742 47 Amsterdam Business School, Universiteit van Amsterdam Netherlands 2.5 57.8 10.8 63043 Kingston Business School, Kingston University United Kingdom 6.7 33.1 10.7 55044 Aalto University School of Business Finland 1.5 59.0 10.1 580 845 Audencia Nantes School of Management France 7.2 20.9 9.3 580 846 54 IAE Aix Graduate School of Management, Université Paul Cezanne (Aix-Marseille III) France 7.2 17.3 8.7 55047 Aarhus School of Business, Aarhus University Denmark 1.5 49.4 8.7 500 548 46 University of Exeter Business School United Kingdom 7.2 16.2 8.6 600 849 43 Faculdade de Economia, Universidade Nova de Lisboa Portugal 8.8 6.9 8.5 550 550 Universidad Carlos III de Madrid Spain 4.1 31.1 8.2 500 451 Athens University of Economics and Business (AUEB) Greece 6.1 16.0 7.6 616 452 56 ALBA Graduate Business School Greece 8.2 3.6 7.5 600 753 International Organisations MBA, University of Geneva (HEC) Switzerland 6.1 12.5 7.1 50054 53 Bradford University School of Management United Kingdom 2.5 30.9 6.8 60055 Maastricht School of Management Netherlands 1.5 35.0 6.5 600 556 Nyenrode Business Universiteit Netherlands 6.7 5.2 6.5 575 657 Hull University Business School United Kingdom 3.0 25.3 6.4 500 358 37 HHL - Leipzig Graduate School of Management Germany 4.6 16.0 6.3 630 559 School of Management, Royal Holloway United Kingdom 5.6 9.7 6.2 575 360 Koç University Turkey 4.6 13.6 6.0 590 361 Brunel Business School, Brunel University United Kingdom 2.5 25.3 5.9 - 762 Middlesex University Business School United Kingdom 3.0 21.9 5.8 - 763 Management School, The University of Shefeld United Kingdom 2.0 26.7 5.7 60064 26 Vlerick Leuven Gent Management School Belgium 1.5 29.4 5.7 600 665 47 LUISS Business School Italy 6.1 3.1 5.7 - 3





Top business schoolsby region: Asia-Pacifc


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2014Rank


ScoreAcademic

ScoreOverallScore

Avg GMATScore


1 1 INSEAD - Singapore Singapore 76.9 99.6 80.3 702 62 4 NUS Business School, National University of Singapore Singapore 34.1 99.9 44.0 6723 12 The HKUST Business School Hong Kong 18.0 98.0 30.0 669 64 19 Faculty of Business and Economics, The University of Hong Kong Hong Kong 18.0 94.8 29.5 6645 10 Nanyang Business School, Nanyang Technological University Singapore 18.0 89.2 28.7 6506 7 Beijing International MBA Programs-BiMBA, Peking University China 17.4 84.9 27.5 5507 3 Melbourne Business School, The University of Melbourne Australia 12.5 97.6 25.3 6008 2 Indian Institute of Management, Ahmedabad India 20.2 48.8 24.5 711 109 8 AGSM MBA Programs, University of New South Wales Australia 12.0 93.6 24.2 63010 20 Graduate School of Business, Seoul National University Korea, South 10.4 85.3 21.6 51011 14 College of Business and Economics, The Australian National University ANU Australia 8.8 93.8 21.6 50012 18 The Chinese University of Hong Kong Hong Kong 9.3 90.1 21.4 650 513 5 Indian Institute of Management, Bangalore India 12.0 43.6 16.7 - 214 23 La Trobe Business School, La Trobe University Australia 13.6 30.2 16.1 640 7

15+ 17 Faculty of Business and Economics, Monash University Australia 3.0 84.9 15.3 600 915+ 26 Guanghua School of Management, Peking University China 3.0 84.9 15.3 640 517 9 Indian Institute of Management Calcutta India 11.4 34.6 14.9 - 218 16 School of Management, Fudan University China 4.1 70.7 14.1 650 519 UQ Business School, University of Queensland Australia 1.5 85.2 14.1 - 1020 21 School of Economics and Management, Tsinghua University China 1.5 79.5 13.2 -21 31 Lee Kong Chian School of Business, Singapore Management University Singapore 4.6 61.8 13.2 65222 15 Sydney Business School, University of Wollongong Australia 11.4 18.1 12.4 -23 11 China Europe International Business School (CEIBS) China 9.3 27.5 12.0 692 524 13 Macquarie Graduate School of Management, Macquarie University Australia 4.1 54.3 11.6 68025 34 Graduate School of Business and Law, RMIT University Australia 5.6 43.5 11.3 60026 25 Waseda Business School Japan 3.5 46.0 9.9 550 527 UWA Business School, The University of Western Australia Australia 1.5 54.4 9.4 61028 22 The University of Adelaide Business School Australia 3.5 42.4 9.3 550 529 6 Indian School of Business India 8.2 13.7 9.0 711 530 29 QUT Brisbane Graduate School of Business Australia 2.5 42.4 8.5 550 3



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It’s no surprise that INSEAD’s Singapore program retained its grip on the Asia-Pacic title this year.Its reputation among international MBA employers exceeds that of all other business schools in theregion several times over and its academic reputation is among the very best in the world, giving itan overall prole not unlike that of some of the top schools in Europe and the United States.

But below the coveted No. 1 spot, this regional ranking underwent dramatic change, withSingapore solidifying its hold on the top of the list, two Hong Kong schools coming out of nowhereto establish a formidable foothold in the top ve, and India losing three of its four top 10 spotsincluding those held by IIMs in Bangalore and Calcutta as well as the prestigious Indian School ofBusiness.

New to the top 10 this year are the No. 3 HKUST Business School, up nine spots from last year,the No. 4 Faculty of Business and Economics at the University of Hong Kong, up 15 spots, and theGraduate School of Business at Seoul National University, which jumped 10 spots on the strengthof a powerful academic reputation to take the No. 10 spot.

While Singapore is now rmly ensconced at the top of the list, it’s Australia that dominates thelist itself, with a total of 12 programs making the cut, including two top 10 programs, MelbourneBusiness School and the AGSM MBA program at the University of New South Wales. China is next,with ve programs on the list, followed by Singapore (4), India (4), Hong Kong (3), South Korea (1),and Japan (1).

GMAT scores in the region average 625, a full 26 points higher than those in Europe, but 26 pointsshy of those in North America.

The academic reputation of the Asia-Pacic schools, however, is far better than either – 66.4 toNorth America’s 42.5 and Europe’s 44.2 – with fewer schools having academic scores below 40 (17%

compared to half of all schools in Europe and North America). Consistent high academic qualityamong virtually all schools is one of the dening attributes of the Asia-Pacic market. The highestacademic scores are enjoyed by schools in Hong Kong (94.3), followed by Singapore (87.6), China(69.5), Australia (61.7), and India (35.2).





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2014

Rank

2013

RankInstitution Country Employer

Score

Academic

Score

Overall

Score

Avg GMAT

Score

Avg Years

Work% Intern

1 1 EGADE-Tecnológico de Monterrey, Campus Monterrey Mexico 14.2 76.2 23.5 6282 2 Ponticia Universidad Católica de Chile Chile 12.5 66.8 20.7 500 33 6 Universidad de Chile Chile 8.2 55.9 15.4 500 154 5 Instituto Tecnológico Autónomo de México (ITAM) Mexico 7.2 58.2 14.9 5805 Universidad Adolfo Ibáñez Chile 5.6 36.5 10.2 610 46 8 INCAE Business School Costa Rica 7.2 25.9 10.0 550 57 4 Fundacao Getulio Vargas Brazil 1.0 53.3 8.9 550 58 7 IAE Business School, Universidad Austral Argentina 4.1 28.2 7.7 651 59 Universidad Diego Portales Chile 6.1 9.9 6.7 550 510 10 IPADE Business School, Universidad Panamericana Mexico 4.1 15.5 5.8 608 4

A total of 10 Latin American schools earned a place on the Global 200 list this year. Chile dominates the listwith four schools, followed by Mexico with three and Costa Rica, Brazil, and Argentina with one school each.

Mexico’s EGADE-Tecnológico de Monterrey, Campus Monterrey, Latin America’s top school for both employerrecognition and academic reputation, retains the No. 1 spot, followed by Ponticia Universidad Católica deChile, which also occupies the same position as last year.

The top school for GMAT scores was once again Argentina’s IAE Business School, Universidad Austral, withan average score of 651. Four of the 10 schools this year reported average GMAT scores that topped 600 –unchanged from last year – an impressive achievement in a region where the average score is 573.

Two schools fell out of the ranking this year: Brazil’s BSP–Business School Sao Paolo, which ranked thirdlast year, and Peru’s ESAN, Escuela de Administracion de Negocios para Graduados, which ranked ninth—while two Chilean schools, unranked last year, joined the group: Universidad Adolfo Ibáñez at No. 5 andUniversidad Diego Portales at No. 9.

Universidad de Chile was the big gainer, advancing three spots to No. 3, followed by Costa Rica’s INCAEBusiness School, which moved up two spots to No. 6, and Instituto Tecnológico Autónomo de México (ITAM),which moved up one spot to No. 4.



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Global 200 Business School Rankings 2014-15

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