QS Global 200 Business Schools Report: Unlocking The World's Top 200 Business Schools According To MBA Employers

2013/2014
QS Global 200 Business Schools Report

Unlocking the worlds top 200 business schools according to MBA employers
Nunzio Quacquarelli, MA Cambridge, MBA Wharton Danny Byrne, BA Oxford, MA University College London
www.TopMBA.com
Introduction
The QS Global 200 Business Schools Report originated in the early 1990s as an alternative to business school rankings. The ratings provide a detailed overview of the most popular business schools around the world, based on details provided to QS by over 4,318 employers who actively recruit MBA graduates. Without inferring any overall rankings, QS objective is to provide a resource to help prospective MBA students identify the business schools from which employers most actively recruit. The research is intended to be of use to MBA employers, prospective MBA students and institutions worldwide that are interested in international business education and recruitment trends. At the heart of the report is the denitive list of 200 business schools from which employers prefer to recruit MBAs. This list is compiled from an annual survey of human resources (HR) managers and line managers with recruiting responsibilities at companies around the world. Each year, employers recommend new schools to be added to the list. This is then sent to other recruiters to rate.
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QS Global 200 Business Schools Report 2013/14
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Fast Facts
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Five schools received the maximum score for employer recognition, identifying them as the leading schools in their region: Harvard and Stanford (North America), INSEAD - France and London Business School (Europe), and INSEAD Singapore (Asia-Pacic). Report highlights four distinct categories of business school in terms of employer recognition: Elite Global; Emerging Global; Elite Regional; Emerging Regional Of the 33 leading institutions to make the Elite Global category, 12 are from the US. The other nations with Elite Global business schools are Canada (6), UK (3), Spain (3), Switzerland (2), France (2), Denmark (1), India (1), Ireland (1), Italy (1) and Singapore (1). Australia has no Elite Global business schools, despite having the thirdhighest number of global top-100 universities in the QS World University Rankings. The UK has just three, despite having four of the top ten universities in the world MBAs from Elite Global schools in North America earn more than those from any other region. Salary+bonus packages average US$123,239, slightly more than the European gure of US$122,983 The school with the highest average graduate salary is Switzerlands IMD (US$159,912), ahead of the USs Stanford Graduate School of Business (US$156,265) Schools ranked for employer reputation in ten subject specializations. Harvard tops the table in ve subjects, with ve other schools top in one subject each: INSEAD, Kellogg, MIT Sloan, Stanford and Wharton
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2013/14 QS Global 200 Business Schools Report
Two Asian schools make the Elite Global category: INSEAD Singapore and Indian Institute of Management, Ahmedabad Still no Elite Global schools in either Africa & Middle East or Latin America The top schools in Africa & Middle East for employer reputation are South Africas University of Cape Town Graduate School of Business and University of Witwatersrand, and American University of Sharjah Top Latin American schools are EGADE-Tecnologico de Monterrey, Campus Monterrey, Ponticia Universidad Catlica de Chile, and Business School Sao Paulo
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Business school categories

This years report divides the worlds top 200 business schools into four categories, based on their level of international employer recognition.
Elite global
Elite Global business schools form an established cadre of the worlds very best business institutions. They are targeted by a wide range of employers, both domestically, regionally and globally. Highly international, they typically admit only experienced candidates with superior GMAT scores and allround credentials. Their name will transform the resume of any candidate. MBAs will in many cases go on to be inuential business leaders, and can expect to earn top salaries upon graduation.
Emerging Global
Emerging Global business schools have an established reputation for excellence among employers that stretches well beyond their region. They attract high-quality candidates from all over the world, and graduates can expect to earn highly competitive salaries. Though in many cases they are newer and not as rmly established as the brand name institutions that make up the Elite Global cluster, these institutions will in many cases aspire to break into the Elite Global group in years to come.
Elite Regional
Elite Regional institutions are well regarded by employers within their region, and may have started to develop a reputation further aeld. Admitted students typically have strong credentials, though they may be slightly less experienced on average than those at Elite Global or Emerging Global institutions. Elite Regional institutions are often younger institutions that, having established an excellent reputation among employers within their region, will be looking to establish their brand as one with a truly global reach.
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Emerging Regional
Emerging Regional institutions have established a solid reputation among employers within their own country. They will appeal to candidates with fewer years of professional experience, and graduate salaries are on average more modest than those at Elite Regional institutions. Having established a good reputation among domestic employers, they will now be looking to increase their visibility among international employers and students. In addition to these global groupings, the research provides ratings of the most popular business schools according to two denitive categories: Regional ratings: Africa and the Middle East Asia-Pacic Europe Latin America North America
MBA specialization* ratings: Corporate social responsibility (CSR) Entrepreneurship Finance Information management Innovation International management Leadership Marketing Operations management Strategy
*MBA specialization refers to a business schools perceived area of expertise among MBA employers. Throughout the report the above 10 areas of expertise are referred to as MBA specializations.
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Regional MBA ratings

Management education is globalizing. The past decade has seen an increase of accredited business schools open in emerging markets such as in the BRIC countries (Brazil, Russia, India, and China). While business schools in the US and Europe remain the most popular study destinations among MBA students, schools elsewhere in the world such as those in Asia-Pacic are growing in popularity. The proliferation of accredited programs around the globe has led to a wider choice for MBA applicants over the past few years. Recent trends indicate that there is greater onus on choosing the right country as well as the right business school. According to the TopMBA.com Applicant Survey 2013, over 50% of MBA students are choosing schools based on the country in which they wish to work. Furthermore, international MBA recruiting is no longer the domain of a few prestigious US and European companies. A growing number of HR managers in the Asia-Pacic region, Latin America, and the Middle East are informed about MBA education. Managers in these regions have been asked to share their views on the schools they would prioritize for MBA hiring. There is a greater focus on regional MBA trends and in order to provide data to help students and recruiters choose which schools to apply to and recruit from, QS has categorized its business school ratings by region.
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MBA specialization ratings

According to the QS TopMBA Applicant Survey, school specializations are the eighth most important criterion for school selection. According to the survey, which is the largest of its kind, school specializations are more important to applicants than MBA rankings, convenience of location, or recommendations from peers, colleagues and even employers. The MBA curriculum is changing to respond to this in the offering of MBA specializations. For professionals who want to further their careers in the eld that they are already working in, an MBA with a specialist focus would be a viable option. In developing ratings on MBA specializations, QS aim is to provide a useful resource for prospective students and employers alike to help aid decisions over which schools to apply to, or which to recruit from. MBA programs that do not offer specializations can still produce graduates that excel in specialist elds. The results of the QS Global 200 Business Schools Report are based on MBA recruiters opinions and as such, employers also voted on general MBA programs that provide training and education in any one of 10 specialist elds, as well as programs that specialize in a particular eld. There is now greater diversity in the many MBA specializations on offer, but QS rates the 10 core MBA specializations.
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Global employability: business school rankings or ratings?

The objective of the QS Global 200 Business Schools Report is to provide an indication of the employability of an MBA upon graduation. As such, QS believes a ratings system as opposed to the traditional business school rankings provides a reliable measure of the employability outcome of an MBA program. Traditional rankings assess on average 15 to 20 criteria in order to provide an overarching indication of student satisfaction. These vary but are mostly based on general aspects: academic peer review, citations per faculty, faculty-student ratio, and international students, for example. The QS Global 200 Business Schools Report only measures one indicator the employability outcome of an MBA program by region and specialization. Focusing solely on employers views provide a reliable insight as to which business schools produce MBA graduates and alumni that are favored by recruiters. This is derived from employers votes as to which schools they prefer to recruit MBA graduates. Employers and HR decision makers worldwide are at the forefront of witnessing the worth of an MBA. QS believes that they are in the best position to judge the value of a business schools graduates, and have among the most objective and informed opinions as to which are the best business schools. When an HR department selects a business school to recruit MBAs from, the decision will often be the result of an intensive research exercise: evaluating the strength of faculty, the facilities and the relevance of the course to the employee and the companys needs. Similarly, when HR managers choose which business schools to recruit from, they will draw from a wide range of information sources. They assess the quality and efciency of the schools career services and the reputation of the school, for example. HR decision makers look beyond rankings and examine the facilities, the course content and the quality of students. Year-on-year, this survey reveals remarkable consistency in school selection. Allegiance to particular schools is not gained or lost by one good or bad student but by a sustained experience over several years.
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Methodology
The QS Global 200 Business Schools Report survey (hereafter referred to as the survey) captures the 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 they consider for hiring MBA graduates from. Employers that focus on domestic hiring are not included in the survey. However, QS recognizes that many excellent schools that cater predominantly for their local recruitment market may therefore not appear in the tables. We include only business schools offering full-time MBA programs and as such well-known business schools like ESCP Europe and HEC Lausanne (which only offer executive MBA, part-time MBA and/or masters programs) are excluded. In order to produce the QS Global 200 Business Schools Report, QS focuses on experienced HR and line managers at organizations that actively recruit MBAs. Respondents from each company are asked 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 have recently attempted to recruit MBAs. Each time a school is selected by an employer, it receives one vote and the total number of votes is referred to as the total unprompted votes.
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From a list of 500 business schools that have been categorized by region, employers are then asked to identify the schools they regard as attractive for the purpose of hiring MBA graduates. In order to be included in the survey, a school must have been recommended by an employer in the previous year of the research. Each time a school is voted, it is given one vote, referred to as the total prompted votes. The prompted and unprompted votes are added together to create the total employer votes. In order to ensure balanced results that are not subject to inuence from the economic cycle, an average of the total employer votes is taken from the current years research and the previous two years research. The best performing school(s) are given an index score of 100 and the average total employer votes is indexed against the best performing school(s). This indexing does not affect the relative positions of schools in any given year. This score is known as the schools index of employer votes. This research does not intend to infer an overall ranking of schools. The tables list schools in clusters, categorized by region and specialization. The relative employer position of schools is displayed based on their employer score in that year and a rating within the region or specialization.
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Rating the business schools

The table below provides a summary of the number of business schools in each region which make up the list of the QS Global 200 Business Schools Report. Schools that achieved an index of employer votes of over 11 are included in the denitive list of 200 business schools. Schools are presented in clusters, which provide distinction in terms of recognition among employers. The relative positions within the clusters are not considered signicant by the authors of this report.
Number of schools Featured By Region
Top Cluster: Index of Employer Votes >=65
2nd Cluster: Index of Employer Votes >=23
3rd Cluster: Index of Employer Votes >= 14
4th Cluster: Index of Employer Votes >= 11
North America Europe Asia-Pacific Latin America Africa & Middle-East
18 13 2
27 20 11 8 4
20 12 9 1 1
22 10 11 1
Source: QS Global Business Report 2012-2013 (TopMBA.com)
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Sample
The survey was conducted between March and July 2013 and represents one of the largest exercises QS has undertaken in terms of geographic scope and level of detail. The total 28,000 employer responses counted in 2013 included 4,318 who were actively recruiting MBAs. All employers who responded to the survey are guaranteed 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. * Comparative gures for the previous year are shown in brackets. The following table gives a snapshot of some of the organizations that took part in the survey across the world. A more comprehensive list can be found in the appendix at the end of this document.
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Sample of responding employers by region in 2013
Consulting
Finance
Industry
Technology
Asia-Pacific Africa & Middle East
Accenture KPMG Towers Watson Booz & Company Deloitte Consulting IBM
AIG Investments Daewoo Securities Goldman Sachs American Express Investec Bank Ltd Johannesburg Stock Exchange Citibank Barclays Credit Suisse BBVA Santander J.P. Morgan BlackRock Morgan Stanley Prudential
3M AkzoNobel TATA Abdul Latif Jameel (Toyota) Delta Group Aramco BAE Systems Carl Zeiss AG E.ON Adidas Bayer Coca-Cola Comcast Ford Johnson & Johnson
BenQ GE LG ACS Microsoft SAP Alcatel-Lucent Cognizant Google Accenture Hewlett Packard Telefonica IBM Intel Corporation Cisco
Europe Latin America US & Canada
BCG A.T. Kearney Frost & Sullivan London Consulting Group Signium TATA Consultancy Services Bain & Company Capgemini Navigant
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Industry distribution of employers

The chart below shows the spread of employers across 20 industries. This reects the global spread of industries that hire MBAs. The consulting and professional services sector are the largest respondents in 2011, reecting the surge in MBA demand within this sector. Banking and nancial services are the second largest responding sector, followed by HR/recruitment services. Manufacturing, IT, FMCG and energy are also well represented in the sample.
Aerospace / Defence Construction / Property Consulting / Professional Services Electronics / High Technology Energy Financial Services / Banking FMCG IT / Computer Services Law Manufacturing / Engineering Media / Entertainment & Arts Metals / Mining Other Pharmaceuticals / Biotech & Healthcare Public Sector / Govt. / Non-profit Recruitment / HR services Retail Telecoms Transportation / Distribution Travel / Leisure / Hospitality Utilities 0 100 200 300 400 500
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19
Aerospace / Defence Construction / Property Consulting / Professional Services Electronics / High Technology Energy Financial Services / Banking FMCG IT / Computer Services Law Manufacturing / Engineering Media / Entertainment & Arts Metals / Mining Other Pharmaceuticals / Biotech & Healthcare Public Sector / Govt. / Non-profit Recruitment / HR services Retail Telecoms Transportation / Distribution Travel / Leisure / Hospitality Utilities Grand Total
21 138 567 129 143 379 203 281 21 329 58 104 578 157 145 343 92 93 81 65 56 3983
Source: MBA Jobs & Salary trends 2013
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Geographical distribution of employers

Responses were received from employers across the globe:
Africa & Middle East Asia Pacific Eastern Europe Latin America US & Canada Western Europe Grand Total 5% 29% 6% 33% 6% 21% 100%
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2013 QS Global 200 Business School Ratings:

Elite Global business schools
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Elite Global business schools

Elite Global business schools form an established cadre of the worlds very best business institutions. They are targeted by a wide range of employers, both domestically, regionally and globally. Highly international, they typically admit only experienced candidates with superior GMAT scores and all-round credentials. Their name will transform the resume of any candidate. MBAs will in many cases go on to be inuential business leaders, and can expect to earn top salaries upon graduation. This years report shows that while Elite Global institutions remain clustered in North America and particularly the US, they are also present across Europe and to a lesser degree in Asia-Pacic. As yet there are no Elite Global business schools in the Middle East and Africa, or Latin America. Of the 33 leading institutions to make the Elite Global category, 12 are from the US. The other nations with Elite Global business schools are Canada (6), UK (3), Spain (3), Switzerland (2), France (2), Denmark (1), India (1), Ireland (1), Italy (1) and Singapore (1).
Emerging Global business schools

Emerging Global business schools have an established reputation for excellence among employers that stretches well beyond their region. They attract high-quality candidates from all over the world, and graduates can expect to earn highly competitive salaries. Though in many cases they are newer and not as rmly established as the brand name institutions that make up the Elite Global cluster, these institutions will in many cases aspire to break into the Elite Global group in years to come. There are a total of 73 Emerging Global schools worldwide. North America leads with 27, ahead of Europe (20), Asia-Pacic (12), Latin America (8) and Middle East & Africa (4).
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Elite Regional business schools

Elite Regional institutions are well regarded by employers within their region, and may have started to develop a reputation further aeld. Admitted students typically have strong credentials, though they may be slightly less experienced on average than those at Elite Global or Emerging Global institutions. Elite Regional institutions are often younger institutions that, having established an excellent reputation among employers within their region, will be looking to establish their brand as one with a truly global reach. There are a total of 45 Elite Regional schools worldwide. North America leads with 20, ahead of Europe (14), Asia-Pacic (9), Latin America (1) and Middle East & Africa (1).
Emerging Regional schools

Emerging Regional institutions have established a solid reputation among employers within their own country. They will appeal to candidates with fewer years of professional experience, and graduate salaries are on average more modest than those at Elite Regional institutions. Having established a good reputation among domestic employers, they will now be looking to increase their visibility among international employers and students. There are a total of 44 Emerging Regional schools worldwide. North America leads with 22, ahead of Europe (10), Asia-Pacic (11) and Latin America (1).
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Top business schools by region:
North America
1. Elite global
Avg GMAT Score 730 729 725 715 708 670 704 673 710 Avg Years Work 4 4 5 5 5 5 5 4,5 5
2013
2012
Institution
Country
Employer Index 100,0 100,0 99,9 99,6 99,6 98,4 94,1 91,0 88,9
% Intern'l 34 42 35 33 40 34 33 48 39
% Female 41 35 42 35 35 29 34 31 38
Class Size 941 398 845 579 477 213 360 313 390
1 2 3 4 5 6 7 8 9
1 3 4 6 2 5 9 13 7
Harvard Business School Stanford University Graduate School of Business The Wharton School, University of Pennsylvania The University of Chicago Booth School of Business The Kellogg School of Management, Northwestern University Columbia Business School, Columbia University UCLA Anderson School of Management Joseph L. Rotman School of Management, University of Toronto Sloan School of Management, Massachusetts Institute of Technology (MIT) The Fuqua School of Business, Duke University Haas School of Business, UC Berkeley University of Michigan, Ross School of Business York University, Schulich School of Business Richard Ivey School of Business, The University of Western Ontario Desautels Faculty of Management at McGill University HEC Montreal Yale School of Management, Yale University Queen's School of Business
United States United States United States United States United States United States United States Canada United States
10 11 12 13 14 15 16 17 18
10 8 11 16 12 14 21 17 18
United States United States United States Canada Canada Canada Canada United States Canada
88,1 85,2 83,8 77,3 76,0 75,3 72,3 71,5 71,2
690 715 703 664 669 670 630 717 661
5 5 5 5 5 5 7 6 5
40 37 36 50 31 55 37 27 40
33 33 30 36 29 35 28 35 32
432 240 502 345 133 70 113 230 119
Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com)
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While in the past two years there has been a stable hierarchy of leading schools in North America, this years results see a greater level of variation at the top of the table. Harvard retains the top spot, yet last years second-placed institution Kellogg School of Management drops to fth, overtaken by Stanford, Wharton and Chicago Booth. Canadian school Joseph L Rotman is the biggest climber in the top ten, moving up ve places to eighth. The only school to drop out of the top ten this year is UC Berkleys Haas School of Business, which drops three places to 11th. A total of 18 schools from the region qualify for Elite Global status. The two new additions are the University of North Carolinas Kenan-Flagler Business School, and the MBA program at Canadas University of Alberta. The US accounts for two-thirds of the Elite Global schools in the region, with 12 to Canadas six. The top three schools are also the strongest in terms of students average GMAT scores, suggesting that there is a close match between the perceptions of employers and the bestqualied MBA students. However, the correlation is far less precise beyond the leading three. NYU Stern School of Business is placed fourth for average GMAT scores but just 21st for employer recognition, with 17th-placed Yale School of Management and 11th-placed Haas School of Business also boasting among the highest average GMAT scores. In the case of NYU Stern, the New York City factor may help it to attract top candidates, while Berkeley and Yale both have big-name pulling power. In contrast, Columbia, Rotman and Fuqua all make the top ten for employer recognition yet have average GMAT scores of under 700 a benchmark reached or surpassed by 15 other schools.
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Average salaries
% Employed 3 Months After Graduation 74 92 83 89 86 94 80 82 94 80 80 85 94 90 98 71 85 80
Institution
Avg Salary on Graduation (USD) 120000 129692 120000 115079 120000 103453 100000 89848 118406 112626 97000 111047 86587 93078 90000 72776 104147 62580
Avg Mean Bonus (USD) 26216 26573 28563 27680 21755 25549 22320 13237 22925 27793 20272 26111 8730 10668 22000 5800 26318 9495
Program Length (Months) 24 24 21 21 20 20 24 18 24 22 21 21 16 12 20 12 21 12
Total Tuition Fees (USD) 112350 119100 119472 117520 118170 121440 75180 75000 61440 118000 77096 116900 55900 78280 80000 14200 114400 82000
Harvard Business School Stanford University Graduate School of Business The Wharton School, University of Pennsylvania The University of Chicago Booth School of Business The Kellogg School of Management, Northwestern University Columbia Business School, Columbia University UCLA Anderson School of Management Joseph L. Rotman School of Management, University of Toronto Sloan School of Management, Massachusetts Institute of Technology (MIT) The Fuqua School of Business, Duke University Haas School of Business, UC Berkeley University of Michigan, Ross School of Business York University, Schulich School of Business Richard Ivey School of Business, The University of Western Ontario Desautels Faculty of Management at McGill University HEC Montreal Yale School of Management, Yale University Queen's School of Business
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The top three schools for employer recognition and GMAT scores, Harvard, Stanford and Wharton also have the highest average salaries, underlining their dominance. Yet second-placed Stanford beats Harvard, with average salary-plus-bonus remuneration totaling an impressive US$156,235. McGill Universitys Desautels Faculty of Management has the highest employment rates, with 98% of graduates having secured jobs within three months of graduation though at US $112,000, average remuneration is not quite as high as at the top US schools. Average salaries for MBAs from Elite Global schools in North America stand at US$102,573, with an average bonus of $20,666 bringing the total package to around $123,239. This places them just ahead of MBAs graduating from Elite Global schools in Europe, who earn average salaryplus-bonus packages of $122, 983. Though base salaries tend to be slightly lower than in Europe (US$102,573 compared to US$107,432), North American graduates earn signicantly higher bonuses, averaging US$20,666 compared to the European gure of US$15,551.
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2. Emerging Global
2013
2012
Institution
Country
Employer Index 64,4 60,2 56,2 53,2 49,6 48,0 38,5 38,2 36,9 35,9 35,7 33,2 32,7 32,2 31,8 31,6 31,3 30,8
Avg GMAT Score 646 618 720 600 690 683 664 693 716 703 684 649 700 638 684 650 678 681
Avg Years Work 6 5 5 5 5 5 5 5 5 5 5 5 5 3 5 4 5 5
% Intern'l 56 58 39 56 36 37 34 32 36 34 25 35 34 29 22 41 13 37
% Female 26 27 35 42 29 33 30 27 35 35 33 24 30 38 29 26 31 23
Class Size
19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36
15 20 19 31 25 24 27 29 22 30 28 37 23 44 35 33 36 26
Sauder School of Business, University of British Columbia Thunderbird School of Global Management Stern School of Business, New York University (NYU) University of Alberta, Alberta MBA Programs Kenan-Flagler Business School, University of North Carolina Boston University School of Management Kelley School of Business, Indiana University Tepper School of Business, Carnegie Mellon University Tuck School of Business at Dartmouth University of Virginia Darden School of Business McCombs School of Business, Univ. of Texas at Austin Texas A&M University, Full-Time MBA Program, Mays Business School S.C. Johnson Graduate School of Management, Cornell University School of Business Administration, University of Miami McDonough School of Business, Georgetown University University of Illinois Urbana-Champaign - Illinois MBA Georgia Tech College of Management Goizueta Business School, Emory University
Canada United States United States Canada United States United States United States United States United States United States United States United States United States United States United States United States United States United States
124 303 389 80 290 147 178 203 280 320 261 66 271 88 258 123 68 205
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37 38 39 40 41 42 43 44 45 46
32 67 47 42 38 34
Vanderbilt University, Owen Graduate School of Management The Carroll School of Management, Boston College Babson College Hult International Business School Florida International University, Chapman Graduate School of Business Marshall School of Business, University of Southern California Weatherhead School of Management, Case Western Reserve University
United States United States United States United States United States United States United States Canada Canada Canada
29,9 28,7 27,4 27,2 26,1 25,7 24,0 23,9 23,2 23,0
682 666 630 610 555 700 615 623 550 620
5 4 5 6 3 5 3 6 4 5
22 31 42 86 41 19 52 58 13 46
35 31 29 29 35 30 42 37 17 32
175 103 160 2250 85 1794 106 74 30 53
51 43 56
John Molson School of Business, Concordia University Edwards MBA University of Saskatchewan University of Calgary, Haskayne School of Business
The US accounts for 22 of the 27 Emerging Global schools in North America, with Canada claiming ve. The three schools closest to the Elite Global category are Canadas Sauder School of Business, University of British Columbia, and the USs Thunderbird School of Global Management and Stern School of Management, NYU. Four Emerging Global schools in the region have a GMAT average score of over 700: NYU Stern (720), Tuck School of Business Dartmouth (716), University of Virginia Darden School of Business (703), S.C. Johnson Graduate School of Management, Cornell University (700) and Marshall School of Business, University of Southern California (700). As in the Elite Global, the level of correlation between level of employer recognition and average GMAT scores is highly variable. NYU Sterns score places it above all but three of the regions Elite Global schools, while the lowest-ranked school in the category for employer recognition, University of Southern California, is among the best GMAT performers
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Average salaries
Institution Avg Salary on Graduation (USD) 81028 83034 94968 73329 102170 97734 97489 100000 115302 109335 105112 93511 106900 62613 99799 82693 93195 103453 95134 94147 89742 89510 49574 82405 Avg Mean Bonus (USD) 11150 N/A 26291 9800 24606 15561 19740 18289 27384 27900 23426 11040 26900 19429 24071 11667 15236 25549 22219 12290 14706 10000 4177 16000 % Employed 3 Months After Graduation 80 N/A 80 94 86 87 89 96 93 92 94 100 79 80 89 89 94 94 92 85 88 80 80 93 Program Length (Months) 16 18 22 20 21 21 21 21 21 21 21 16 21 21 21 21 22 22 21 22 21 12 12 22 Total Tuition Fees (USD) 52000 86160 122548 97900 107984 87940 93100 115000 117870 101800 97664 46399 111896 83040 107200 59952 110656 92000 90000 84000 83668 65800 35490 108792
Sauder School of Business, University of British Columbia Thunderbird School of Global Management Stern School of Business, New York University (NYU) University of Alberta, Alberta MBA Programs Kenan-Flagler Business School, University of North Carolina Boston University School of Management Kelley School of Business, Indiana University Tepper School of Business, Carnegie Mellon University Tuck School of Business at Dartmouth University of Virginia Darden School of Business McCombs School of Business, Univ. of Texas at Austin Texas A&M University, Full-Time MBA Program, Mays Business School S.C. Johnson Graduate School of Management, Cornell University School of Business Administration, University of Miami McDonough School of Business, Georgetown University University of Illinois Urbana-Champaign - Illinois MBA Georgia Tech College of Management Goizueta Business School, Emory University Vanderbilt University, Owen Graduate School of Management The Carroll School of Management, Boston College Babson College Hult International Business School Florida International University, Chapman Graduate School of Business Marshall School of Business, University of Southern California
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Weatherhead School of Management, Case Western Reserve University John Molson School of Business, Concordia University Edwards MBA University of Saskatchewan University of Calgary, Haskayne School of Business
80762 72707 63088 63300
10857 10000 N/A 5000
N/A 77 94 96
21 16 12 16
87960 35255 35000 27000
The average starting salary+bonus package for MBAs from Emerging Global schools in North America stands just short of six gures, at US$97,617. This compares to an average of $123,239 for graduates from the regions Elite Global schools. Seven schools have average six-gure base salaries: Kenan-Flagler Business School, University of North Carolina (US$102,170), Tepper School of Business, Carnegie Mellon University ($100,000), Tuck School of Business at Dartmouth ($115,000), University of Virginia Darden School of Business ($109,335), McCombs School of Business, Univ. of Texas at Austin ($105,112), S.C. Johnson Graduate School of Management, Cornell University ($106,900) and Goizueta Business School, Emory University ($103,453). Top salary+bonus packages are earned by MBAs from Tuck School of Business at Dartmouth ($142,686), followed by University of Virginia Darden School of Business ($137,235). The lowest earners are MBAs from Florida International University, Chapman Graduate School of Business, with total packages averaging US$53,751.
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3. Elite Regional
Employer Index 22,6 22,5 22,2 21,7 21,2 20,6 20,6 20,4 19,8 19,8 19,7 19,6 18,9 18,8 18,7 16,8 Avg GMAT Score 630 587 573 571 673 650 622 692 575 617 630 675 676 673 680 635 Avg Years Work 5 4 4 5 5 3 5 4 4,5 5 9 5 5 5 4,4 4 % Intern'l 24 52 57 43 28 56 15 25 30 14 36 9 29 34 47 35 % Female 25 50 51 57 23 40 27 35 40 44 27 41 35 25 40 42 Class Size 83 42 53 26 83 N/A 93 55 30 52 55 118 116 118 53 113
2013
2012
Institution
Country
47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62
53
University of Colorado at Boulder Leeds School of Business University of Massachusetts - Boston - Boston MBA Program University of Victoria - Faculty of Business
United States United States Canada United States United States United States United States United States United States United States Canada United States United States United States United States United States
49 64 45 78 62 74
Georgia State University, J. Mack Robinson College of Business The Paul Merage School of Business, University of California, Irvine The Johns Hopkins Carey Business School Darla Moore School of Business, University of South Carolina University of California - Davis, Graduate School of Management American University Kogod School of Business The Fox School of Business, Temple University
41 39 40 55
Simon Fraser University, Segal Graduate School of Business University of Wisconsin-Madison Wisconsin School of Business Rice University, Jesse H. Jones Graduate School of Business Max M. Fisher College of Business, The Ohio State University Rady School of Management, University of California, San Diego
57
School of Business, George Washington University
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11
63 64 65 66 67 59 82
Telfer School of Management, University of Ottawa University of San Francisco, Masagung Graduate School of Management W. P. Carey School of Business, Arizona State University University of San Diego Rutgers Business School - Newark and New Brunswick
Canada United States United States United States United States
16,5 16,2 15,0 14,5 14,4
622 570 675 626 644
7 4 4,8 4 4
49 33 42 37 18
27 51 25 32 18
49 70 69 20 90
Average salaries
Institution Avg Salary on Graduation (USD) 76750 N/A N/A 80906 79000 N/A 76572 91569 Avg Mean Bonus (USD) 3929 N/A N/A N/A 12840 N/A 9292 10886 % Employed 3 Months After Graduation 69 88 80 52 94 N/A 84 93 Program Length (Months) 21 20 17 14 21 21 23 21 Total Tuition Fees (USD) 71146 35000 27945 37544 94176 96000 71580 95494
University of Colorado at Boulder Leeds School of Business University of Massachusetts - Boston - Boston MBA Program University of Victoria - Faculty of Business Georgia State University, J. Mack Robinson College of Business The Paul Merage School of Business, University of California, Irvine The Johns Hopkins Carey Business School Darla Moore School of Business, University of South Carolina University of California - Davis, Graduate School of Management
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12
American University Kogod School of Business The Fox School of Business, Temple University Simon Fraser University, Segal Graduate School of Business University of Wisconsin-Madison Wisconsin School of Business Rice University, Jesse H. Jones Graduate School of Business Max M. Fisher College of Business, The Ohio State University Rady School of Management, University of California, San Diego School of Business, George Washington University Telfer School of Management, University of Ottawa University of San Francisco, Masagung Graduate School of Management W. P. Carey School of Business, Arizona State University University of San Diego Rutgers Business School - Newark and New Brunswick
80000 79078 52000 91625 99506 80081 73000 84208 70900 70000 92556 78289 85053
13500 13356 N/A 18695 16058 15264 11500 13250 N/A 2000 13000 N/A 15593
74 98 68 86 92 80 79 85 78 65 89 70 91
22 24 12 21 22 21 21 21 12 21 22 22 24
66028 62624 34500 62442 97000 92704 84000 84645 37000 69560 94000 73360 80000
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13
4. Emerging Regional
2013 2012 Institution Country Employer Index 13,9 13,8 13,7 13,3 Avg GMAT Score 625 660 614 630 Avg Years Work 2 4,5 4 4 % Intern'l 30 34 32 33 % Female 47 31 30 20 Class Size 39 278 106 92
68 69 70 71
46 77 54 50
Claremont Graduate University - Peter F. Drucker Robert H. Smith School of Business, University of Maryland University of Denver, Daniels College of Business The Eli Broad Graduate School of Management, Michigan State University Southern Methodist University, Cox School of Business Graduate School of Business, California Lutheran University Shidler College of Business, University of Hawaii at Manoa
United States United States United States United States
72 73 74 75 76 77 77 79 80 81 82 83 83
65 71
United States United States United States United States United States United States United States United States United States Canada United States United States United States
13,2 12,8 12,6 12,4 12,3 12,0 12,0 11,9 11,8 11,7 11,4 11,3 11,2
641 550 626 692 608 628 643 623 670 630 606 669 695
4 4 5 5 4 4 5 4 6 2 1 4 4,4
22 30 16 8 44 12 32 27 20 24 30 40 33
22 40 32 23 28 35 26 23 38 37 33 60 25
108 80 38 130 104 25 80 52 130 235 102 63 148
61
Mendoza College of Business, University of Notre Dame Katz Graduate School of Business, University of Pittsburgh Pepperdine University, The Graziadio School of Business
52
Smeal College of Business, Penn State University Charles H. Kellstadt Graduate School of Business, DePaul University
75 58 73 76 66
Michael G. Foster School of Business, University of Washington DeGroote School of Business, McMaster University School of Management, University at Buffalo / SUNY Naveen Jindal School of Managementt, The University of Texas at Dallas Olin Business School, Washington University in St. Louis
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14
85 86 87 88 89 90
60 70 48
Krannert School of Management, Purdue University Auburn University College of Business University of Minnesota, Carlson School of Management Clark University Graduate School of Management
United States United States United States United States United States United States
11,1 9,8 9,7 9,5 9,3 9,2
632 619 690 566 610 613
4 3 4 3 4 5
64 25 30 59 44 38
24 38 25 46 40 35
239 48 107 45 112 35
68
Mason School of Business, College of William & Mary LeBow College of Business, Drexel University
Average salaries
Institution Avg Salary on Graduation (USD) 73215 92938 53083 83588 87694 N/A N/A 99500 63000 72815 Avg Mean Bonus (USD) 12000 12548 11800 14216 16694 N/A N/A 15000 9000 12756 % Employed 3 Months After Graduation N/A 82 61 91 95 N/A 83 87 86 N/A Program Length (Months) 24 21 21 24 22 12 21 21 20 20 Total Tuition Fees (USD)
Claremont Graduate University - Peter F. Drucker Robert H. Smith School of Business, University of Maryland University of Denver, Daniels College of Business The Eli Broad Graduate School of Management, Michigan State University Southern Methodist University, Cox School of Business Graduate School of Business, California Lutheran University Shidler College of Business, University of Hawaii at Manoa Mendoza College of Business, University of Notre Dame Katz Graduate School of Business, University of Pittsburgh Pepperdine University, The Graziadio School of Business
101400 76950 69840 104724 86072 32000 42296 90260 90584 77523,5294117647
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15
Smeal College of Business, Penn State University Charles H. Kellstadt Graduate School of Business, DePaul University Michael G. Foster School of Business, University of Washington DeGroote School of Business, McMaster University School of Management, University at Buffalo / SUNY Naveen Jindal School of Managementt, The University of Texas at Dallas Olin Business School, Washington University in St. Louis Krannert School of Management, Purdue University Auburn University College of Business University of Minnesota, Carlson School of Management Clark University Graduate School of Management Mason School of Business, College of William & Mary LeBow College of Business, Drexel University
84345 63000 109000 66700 50157 78107 95000 85897 57169 82436 N/A 75674 65000
10915 6000 14330 3000 6119 11277 15000 15482 3786 16158 N/A 12885 5357
86 88 97 80 77 87 94 83 N/A 97 N/A 83 63
21 18 24 20 21 16 22 21 17 22 24 21 18
94232 62700 110484 76875 40292 26000 99400 87000 31500 90000 113850 82708 54000
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Europe
1. Elite global
Employer Index 100,0 100,0 99,6 99,3 98,6 98,3 95,3 92,7 92,2 89,6 81,0 67,7 66,3 Avg GMAT Score 704 698 680 698 670 650 672 670 620 689 660 600 680 Avg Years Work 5 5 5 6 7 5 4 6 8 6 6 9 6,5 % Intern'l 93 91 97 94 98 73 80 87 95 87 85 70 97 % Female 33 33 33 25 28 32 29 34 40 32 25 22 30 Class Size 1006 406 450 232 90 90 280 159 47 361 35 27 152
2013 1 2 3 4 5 6 7 8 9 10 11 12 13
2012 1 2 4 6 3 7 5 9 11 8 10 14 12
Institution INSEAD - France London Business School IE Business School Oxford University, Said Business School IMD SDA Bocconi School of Management IESE Business School, University of Navarra ESADE Business School Copenhagen Business School HEC MBA Program (Paris) The St.Gallen MBA, University of St Gallen Trinity MBA,University of Dublin, Trinity College Judge Business School, University of Cambridge
Country France United Kingdom Spain United Kingdom Switzerland Italy Spain Spain Denmark France Switzerland Ireland United Kingdom
INSEAD retains its position as the regions number one institution ahead of London Business School (LBS) his year. The two have a prole among international MBA employers that far exceeds that of any other school in the region, and places them alongside Harvard Business School at the top of the global hierarchy. Behind the top two there has been a shift in the hierarchy this year, with Spains IE Business School and Oxfords Said Business School moving up to third and fourth respectively, and last years third-placed school IMD dropping to sixth.
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The UK and Spain both have three Elite Global schools, ahead of Switzerland (2), France (2), Denmark (1), Ireland (1) and Italy (1). Students at INSEAD have the regions highest average GMAT scores at 704, ahead of LBS and Oxford Said, both on 698. GMAT performance in the region lags signicantly behind North America. INSEAD is the only European school with an average score of over 700, compared to 15 schools in North America. Around 88.5% of MBAs from Elite Global schools in Europe are employed within three months of graduating, a slightly better rate than the 85.4% achieved by those in North America. Cambridge Judge Business School achieves a leading gure of 97%, alongside two Spanish schools: ESADE Business School and IESE Business School, University of Navarra.
Average salaries
Institution INSEAD - France London Business School IE Business School Oxford University, Said Business School IMD SDA Bocconi School of Management IESE Business School, University of Navarra ESADE Business School Copenhagen Business School HEC MBA Program (Paris) The St.Gallen MBA, University of St Gallen Trinity MBA,University of Dublin, Trinity College Judge Business School, University of Cambridge Avg Salary on Graduation (USD) 122900 113779 102500 99000 142412 95000 101990 90400 100031 109880 110000 100000 108736 Avg Mean Bonus (USD) 26600 18698 20000 7000 17500 10103 16700 11100 12000 17641 N/A N/A 13724 % Employed 3 Months After Graduation 84 96 92 90 89 83 97 97 77 88 90 70 97 Program Length (Months) 10 21 13 12 11 12 19 18 12 16 12 11 12 Total Tuition Fees (USD) 59500 97000 59900 54000 63000 59000 93000 74100 57000 62400 67000 38350 57000
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MBAs from Elite Global schools in Europe earn average salaries of US$107, 432, with average bonuses of $15,551 taking the total average remuneration to US$122,983. This total falls just of the North American gure of $123,239. Perhaps predictably, the strongest average salaries earned by European MBAs are those from Swiss school IMD (US$159,912), placing it number one in the world ahead of the USs Stanford Graduate School of Business (US$156,265). INSEAD (US$149, 500) is second in the region. Only three of the 13 Elite Global schools in Europe have average base salaries below US$100,000 per annum: ESASE Business School (US$90,400), SD Bocconi School of Management (US$95,000), and Oxford Said (US$99,000). However, all three cross the six-gure threshold once bonuses are included.
2. Emerging Global
2013 14 15 16 17 18 19 20 21 22 23 24 25 26 2012 19 15 22 20 21 17 13 18 26 34 16 25 27 Institution Imperial College Business School, Imperial College London Mannheim Business School Cranfield School of Management Warsaw University of Technology, Business School Rotterdam School of Management, Erasmus University Warwick Business School, University of Warwick European Business School (EBS) Central European University, CEU Business School ESIC Business & Marketing School Politecnico di Milano > MIP - School of Management WHU Otto Beisheim School of Management Vlerick Leuven Gent Management School Manchester Business School, The University of Manchester Country United Kingdom Germany United Kingdom Poland Netherlands United Kingdom Germany Hungary Spain Italy Germany Belgium United Kingdom Employer Index 58.5 54.3 51.5 49.1 48.4 47.4 45.1 44.6 44.3 42.1 39.7 34.8 33.8 Avg GMAT Score 660 675 650 500 640 640 600 600 670 602 600 640 625 Avg Years Work 7 5 9 5 6 6 4 8 5 4 4 6 6 % Intern'l 65 60 75 30 96 91 58 94 72 70 51 90 90 % Female 29 22 30 42 33 27 7 39 32 30 30 28 35 Class Size 52 58 73 20 138 67 N/A 32 40 50 31 87 114
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27 28 29 30 31 32 33
24 23 43 35 48 42 54
Corvinus University of Budapest, Corvinus School of Management ESSEC Business School University of Edinburgh Business School University College Dublin, Smurfit School of Business Solvay Business School, ULB (Universite Libre de Bruxelles) Henley Business School European University (Barcelona, Geneva, Munich)
Hungary France United Kingdom Ireland Belgium United Kingdom Spain
31.8 29.9 29.3 27.0 26.5 24.8 23.4
565 650 586 620 600 500 550
7 6 7 8 8 12 2
80 80 96 47 90 60 80
30 13 44 29 62 28 60
15 24 54 45 23 33 N/A
A total of 20 European schools make the Emerging Global category, spread across 10 nations: UK (6), Germany (3), Belgium (2), Hungary (2), Spain (2), France (1), Ireland (1), Italy (1), Netherlands (1), and Poland (1) The leading school for employer recognition is the UKs Imperial College Business School, Imperial College London, ahead of Germanys Mannheim Business School. Average GMAT scores range from 675 at Mannheim Business School to 500 at Warsaw University of Technology Business School and Henley Business School. Candidates at the UKs Craneld School of Management average as many as 9 years experience, while those at European University (Barcelona, Geneva, Munich) average as few as two.
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Average salaries
Institution Imperial College Business School, Imperial College London Mannheim Business School Cranfield School of Management Warsaw University of Technology, Business School Rotterdam School of Management, Erasmus University Warwick Business School, University of Warwick European Business School (EBS) Central European University, CEU Business School ESIC Business & Marketing School Politecnico di Milano > MIP - School of Management WHU Otto Beisheim School of Management Vlerick Leuven Gent Management School Manchester Business School, The University of Manchester Corvinus University of Budapest, Corvinus School of Management ESSEC Business School University of Edinburgh Business School University College Dublin, Smurfit School of Business Solvay Business School, ULB (Universite Libre de Bruxelles) Henley Business School European University (Barcelona, Geneva, Munich) Avg Salary on Graduation (USD) 97000 52000 98100 N/A 88000 75000 69062 69062 80000 84000 N/A 116475 79521 35000 76000 98500 85000 N/A N/A N/A Avg Mean Bonus (USD) 11750 10000 11988 N/A 12963 17712 N/A N/A 6000 10700 N/A 6000 11799 N/A 16070 N/A 5000 N/A N/A N/A % Employed 3 Months After Graduation 96 100 97 100 81 95 74 74 N/A 74 95 100 93 80 N/A 95 97 60 N/A 80 Program Length (Months) 12 12 13 12 12 12 16 11 11 14 15 12 18 24 12 12 12 12 12 9 Total Tuition Fees (USD) 56000 33000 52500 12220 58000 47500 42250 17500 34218 47500 45500 46500 40000 12000 59000 23200 39000 32500 37500 22620
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The diverse range of nations represented in the Emerging Global category means graduate salaries vary signicantly. Average salary+bonus compensation comes out at US$91,088, ranging from US$122,475 at Vlerick Leuven Gent Management School to US$35,000 at Corvinus University of Budapest, Corvinus School of Management. Average starting salary + bonus compensation tops six gures for MBAs from four schools: Imperial College Business School, Craneld School of Management, Rotterdam School of Management Erasmus University and Vlerick Leuven Gent Management School. Mannheim Business School, Warsaw University of Technology Business School and Vlerick Leuven Gent Management School all boast 100% employment rates within three months of graduation.
3. Elite Regional
Employer Index 22.6 22.3 20.2 20.2 18.5 17.9 17.2 17.2 16.9 16.6 16.3 Avg GMAT Score 613 573 630 550 640 500 627 600 609 635 600 Avg Years Work 8 10 5 4 6 3 5 5 7 8 6 % Intern'l 85 92 70 80 88 10 18 88 11 87 85 % Female 45 33 30 50 40 10 30 35 26 25 41 Class Size 46 25 25 N/A 40 0 49 68 19 80 91
2013 34 35 36 36 38 39 40 41 42 43 44
2012 31 45 28 30 29
Institution EDHEC Business School Ashridge Business School HHL - Leipzig Graduate School of Management Sorbonne Graduate Business School IAE de Paris ESMT European School of Management and Technology Nottingham Trent University Nottingham Business School
Country France United Kingdom Germany France Germany United Kingdom Italy United Kingdom Portugal United Kingdom France
32
MIB School of Management Nottingham University Business School Faculdade de Economia, Universidade Nova de Lisboa
37 55
Cass Business School Grenoble Graduate School of Business, Grenoble Ecole de Management
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45 46 46 48 49 47 50
The Business School, University of Exeter Universiteit van Amsterdam, Amsterdam Business School LUISS Business School Business School Lausanne
United Kingdom Netherlands Italy Switzerland
15.0 14.3 14.3 14.1
600 630 500 600
7 5 3 7
73 90 40 100
64 50 20 40
28 25 N/A 20
Average salaries
Avg Salary on Graduation (USD) 85400 162000 88000 N/A 96000 0 81163 73000 N/A 87750 67000 N/A 66000 N/A 90000 20000 N/A N/A 21000 N/A N/A N/A N/A N/A 87 90 N/A 87 68 N/A 90 80 85 Avg Mean Bonus (USD) 21000 N/A 19500 N/A 10000 % Employed 3 Months After Graduation 90 92 80 N/A 98 Program Length (Months) 10 12 15 14 12 12 12 12 11 12 12 12 12 17 12
Institution EDHEC Business School Ashridge Business School HHL - Leipzig Graduate School of Management Sorbonne Graduate Business School - IAE de Paris ESMT European School of Management and Technology Nottingham Trent University - Nottingham Business School MIB School of Management Nottingham University Business School Faculdade de Economia, Universidade Nova de Lisboa Cass Business School Grenoble Graduate School of Business, Grenoble Ecole de Management The Business School, University of Exeter Universiteit van Amsterdam, Amsterdam Business School LUISS Business School Business School Lausanne
Total Tuition Fees (USD) 50000 48500 34500 62000 39000 21600 37500 19500 20800 52000 39000 28500 40000 28080 44800
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Employer Index 13.2 12.7 11.9 10.2 9.8 Avg GMAT Score 595 620 560 600 580 Avg Years Work 7 6 9 0 8 % Intern'l 82 93 90 99 60 % Female 29 30 36 23 40 Class Size 31 60 45 97 20
2013 49 50 51 52 53
2012 38 33 51 58 62
Institution EMLYON Business School Aston Business School, Aston University Durham Business School, Durham University Bradford University School of Management
Country France United Kingdom United Kingdom United Kingdom
IAE AIX, Graduate School of France Management - Universite Paul Cezanne (Aix-Marseille III) France School of Management, University of Bath ALBA Graduate Business School Hochschule Offenburg - University of Applied Sciences EADA EAE Business School University of Strathclyde Business School Athens University of Economics and Business (AUEB) United Kingdom Greece Germany Spain Spain United Kingdom Greece
54 55 56 57 58 59 60
44 41 56 63 53 57
9.3 9.1 9.1 8.3 8.2 7.9 6.4
610 600 520 650 510 550 616
8 4 4 5 5 7 3
86 40 82 92 85 92 13
44 40 65 41 45 32 50
60 45 N/A 32 N/A 58 38
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10
Average salaries
% Employed 3 Months After Graduation 80 85 N/A 92 N/A
Institution EMLYON Business School Aston Business School, Aston University Durham Business School, Durham University Bradford University School of Management IAE AIX, Graduate School of Management - Universite Paul Cezanne (Aix-Marseille III) France School of Management, University of Bath ALBA Graduate Business School Hochschule Offenburg - University of Applied Sciences EADA EAE Business School University of Strathclyde Business School Athens University of Economics and Business (AUEB)
Avg Salary on Graduation (USD) 95304 75000 75553 75000 40000
Avg Mean Bonus (USD) N/A N/A N/A N/A N/A
Program Length (Months) 12 12 12 12 12
Total Tuition Fees (USD) 47500 37300 28000 26000 22000
92000 52000 N/A 70000 40000 66500 41250
N/A N/A N/A N/A N/A 15000 N/A
92 90 N/A 83 N/A N/A 85
12 12 15 11 12 12 14
47000 20100 9428.9 39000 19500 37500 12000
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Asia-Pacific
1. Elite Global
Employer Index 92,1 65,5 Avg GMAT Score 704 767 Avg Years Work 5 2 % Intern'l 93 1 % Female 33 15 Class Size 1006 310
2013
2012
Institution
Country
1 2
1 2
INSEAD - Singapore Indian Institute of Management, Ahmedabad
Singapore India
Two Asian schools make this years Elite Global group: INSEAD Singapore and Indian Institute of Management, Ahmedabad. First-placed INSEAD Singapore holds a signicant advantage over all of its regional rivals in terms of employer recognition.
Average salaries
Avg Salary on Graduation (USD) 122900 66888 Avg Mean Bonus (USD) 26600 N/A % Employed 3 Months After Graduation 84 100 Program Length (Months) 10 22 Total Tuition Fees (USD) 59500 36000
Institution
INSEAD - Singapore Indian Institute of Management, Ahmedabad
Starting salaries at INSEAD Singapore are on a par with many Elite Global schools in Europe and North America, totaling US$103,700 (salary plus bonus). IIM Ahmedabads average graduate salary of US$68,000 is the lowest of any Elite Global school.
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2. Emerging Global business schools

2013 3 4 5 6 7 8 9 10 11 12 13 14 2012 5 3 4 12 8 7 9 6 10 14 11 17 Institution Melbourne Business School, The University of Melbourne National University of Singapore NUS Business School Indian Institute of Management, Bangalore Indian School of Business Peking University, Beijing International MBA Programs - BiMBA University of New South Wales, AGSM MBA Programs Indian Institute of Management Calcutta Nanyang Business School, Nanyang Technological University China Europe International Business School (CEIBS) The HKUST Business School Macquarie Graduate School of Management, Macquarie University The Australian National University, ANU College of Business and Economics Country Australia Singapore India India China Australia India Singapore China Hong Kong Australia Australia Employer Index 60,0 55,0 51,2 46,7 36,7 36,2 35,0 31,1 29,8 27,3 25,6 25,1 Avg GMAT Score 664 672 780 709 676 652 780 680 692 673 680 630 Avg Years Work 5 5 2 5 7 7 2 6 5 5 7 7 % Intern'l 72 90 10 6 36 65 3 86 45 97 90 29 % Female 40 27 20 29 38 33 12 43 30 36 34 28 Class Size 50 96 N/A 569 50 48 N/A 72 180 109 74 72
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A total of 12 schools from six nations in the region are included in the Emerging Global category: Australia (4), India (3), China (2) and Singapore (2). Melbourne Business School is the top-ranking Emerging Global school in the region, ahead of Singapores NUS Business School and Indias IIM Bangalore. The extremely high average GMAT scores at Indian schools are skewed by the fact that only a very small number of candidates have taken the test. Stats at the other Emerging Global schools in the region are variable, ranging from 680, at Nanyang Business School and Macquarie Graduate School of Management, to 500 at Sydney Business School, University of Wollongong.
Average salaries
Institution Melbourne Business School, The University of Melbourne National University of Singapore - NUS Business School Indian Institute of Management, Bangalore Indian School of Business Peking University, Beijing International MBA Programs BiMBA University of New South Wales, AGSM MBA Programs Indian Institute of Management Calcutta Nanyang Business School, Nanyang Technological University China Europe International Business School (CEIBS) The HKUST Business School Macquarie Graduate School of Management, Macquarie University The Australian National University, ANU College of Business and Economics Avg Salary on Graduation (USD) 112065 67786 30000 44000 85308 27500 53016 79516 82000 143583 63000 Avg Mean Bonus (USD) 19456 1300 17837 4870 3377 9486 19839 % Employed 3 Months After Graduation 91 89 100 100 92 100 91 92 97 82 Program Length (Months) 16 17 21 12 18 16 24 16 18 16 12 18 Total Tuition Fees (USD) 70000 41200 9000 45000 37300 67320 8000 40000 49800 67350 56500 54000
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The strength of the Australian dollar is reected in the stellar salaries of its graduates. Macquarie University has one of the highest gures of any business school in the world at 143,583, while graduates of three other Australian schools stand to earn in excess of US$100,000: University of New South Wales AGSM MBA Programs, Melbourne Business School, and Sydney Business School, University of Wollongong. Due to the range of economies represented, the regional average is considerably lower, at US$78,261. Salaries in China and India remain considerably lower than those on offer elsewhere in the region, with graduates of School of Management, Fudan University (US$29,070) and Indian Institute of Management, Bangalore ($30,000) the lowest earners.
3. Elite Regional schools

2013 2012 Institution Country Employer Index 24,6 23,4 20,1 17,9 17,6 17,3 17,1 16,9 Avg GMAT Score 500 600 550 650 657 510 650 550 Avg Years Work 2 5 11 5,6 6 5 6 8 % Intern'l 75 10 4 80 90 25 45 15 % Female 20 45 23 45 48 23 38 35 Class Size
15 16 17 18 19 20 21 22
13 21 16 22 23 34 19 26
Sydney Business School, University of Wollongong School of Management, Fudan University Monash University Faculty of Business and Economics The Chinese University of Hong Kong The University of Hong Kong, Faculty of Business and Economics Seoul National University, Graduate School of Business School of Economics and Management, Tsinghua University The University of Adelaide, Business School La Trobe University - La Trobe Business School
Australia China Australia Hong Kong Hong Kong Korea, South China Australia
99 113 48 75 53 60 123 80% of received appliations 57
23
32
Australia
16,8
654
89
25
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Average salaries
Institution Avg Salary on Graduation (USD) 102500 29070 N/A N/A 70000 53000 N/A N/A 110000 Avg Mean Bonus (USD) N/A N/A 20000 N/A N/A 10000 6428 N/A N/A % Employed 3 Months After Graduation 92 96 76 92 85 100 N/A 100 94 Program Length (Months) 16 24 24 16 14 12 24 15 15 Total Tuition Fees (USD) 33000 2100 65340 47900 58022 40000 28000 34849 27000
Sydney Business School, University of Wollongong School of Management, Fudan University Monash University Faculty of Business and Economics The Chinese University of Hong Kong The University of Hong Kong, Faculty of Business and Economics Seoul National University, Graduate School of Business School of Economics and Management, Tsinghua University The University of Adelaide, Business School La Trobe University - La Trobe Business School
2013 2012 Institution Country Employer Index 12,6 12,0 11,6 10,2 9,8 7,8 6,6 6,0 Avg GMAT Score 656 580 637 650 680 610 580 663 Avg Years Work 4 8 6 2 2 9 8 6 % Intern'l 71 45 72 3 0 18 63 72 % Female 28 28 44 20 33 33 41 46 Class Size 140 90 433 N/A 180 N/A 39 N/A
24 25 26 27 28 29 30 31
15 25 27 24
Asian Institute of Management Waseda Business School Guanghua School of Management, Peking University Indian Institute of Foreign Trade S P Jain School of Global Management
Philippines Japan China India India Australia Australia Singapore
18 30 28
Brisbane Graduate School of Business, QUT School of Business, Bond University Lee Kong Chian School of Business, Singapore Management University
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32 33 34 35
36
The Otago MBA, University of Otago Cheung Kong Graduate School of Business
New Zealand China Australia Japan
5,2 4,4 4,0 3,9
632 670 550 511
10 6 2 4
55 22 65 73
27 33 40 29
20 61 175 50
29 33
RMIT University, Graduate School of Business and Law International University of Japan, Graduate School of International Management
Average salaries
Institution Avg Salary on Graduation (USD) 40000 N/A 24136 N/A N/A 104756 58000 N/A N/A 40000 47000 54000 Avg Mean Bonus (USD) N/A N/A N/A 10000 N/A N/A N/A N/A N/A N/A N/A 18000 % Employed 3 Months After Graduation 52 60 100 80 N/A 85 84 90 95 100 75 100 Program Length (Months) 16 24 24 24 24 18 12 12 16 12 12 21 Total Tuition Fees (USD) 24000 37479 27800 20000 10000 38000 43260 48000 34500 48000 34330 90300
Asian Institute of Management Waseda Business School Guanghua School of Management, Peking University Indian Institute of Foreign Trade S P Jain School of Global Management Brisbane Graduate School of Business, QUT School of Business, Bond University Lee Kong Chian School of Business, Singapore Management University The Otago MBA, University of Otago Cheung Kong Graduate School of Business RMIT University, Graduate School of Business and Law International University of Japan, Graduate School of International Management
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Latin America
1. Elite global
There are currently no Latin American schools in this category.
2. Emerging Global
2013 1 2 3 4 5 6 7 8 2012 1 2 3 4 8 7 5 6 Institution EGADE-Tecnologico de Monterrey, Campus Monterrey Pontificia Universidad Catlica de Chile BSP - Business School Sao Paolo, MBA Fundacao Getulio Vargas Instituto Tecnologico Autonomo de Mexico (ITAM) Universidad de Chile IAE Business School, Universidad Austral INCAE Business School Country Mexico Chile Brazil Brazil Mexico Chile Argentina Costa Rica Employer Index 62,9 47,7 36,2 31,9 29,1 28,4 27,9 25,3 Avg GMAT Score 628 500 550 550 580 500 651 600 Avg Years Work 8 0 5 6 7 15 5 4 % Intern'l 15 10 40 20 15 15 60 85 % Female 33 10 30 25 30 18 25 38 Class Size 439 N/A N/A N/A N/A 28 52 184
A total of eight schools from Latin America make the Emerging Global category this year, with 5 nations represented: Brazil (2), Chile (2), Mexico (2), Argentina and Costa Rica. EGADE-Tecnologico de Monterrey, Campus Monterrey retains its position as Latin Americas number one school for employer recognition, ahead of Ponticia Universidad Catlica de Chile and Brazils Business School Sao Paulo. The top school for GMAT scores is Argentinas IAE Business School, Universidad Austral. Average years of work experience range from 15 at Universidad de Chile to zero at Ponticia Universidad Catlica de Chile.
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Average salaries
Avg Salary on Graduation (USD) 50000 N/A 68000 N/A N/A 65000 30000 40000 Avg Mean Bonus (USD) N/A N/A N/A N/A N/A 6000 N/A 8320 % Employed 3 Months After Graduation N/A N/A 80 N/A N/A 95 70 60 Program Length (Months) 17 15 18 18 12 18 11 21 Total Tuition Fees (USD) 35700 23000 25000 8874 15710 37750 24000 47650
Institution
EGADE-Tecnologico de Monterrey, Campus Monterrey Pontificia Universidad Catlica de Chile BSP - Business School Sao Paolo, MBA Fundacao Getulio Vargas Instituto Tecnologico Autonomo de Mexico (ITAM) Universidad de Chile IAE Business School, Universidad Austral INCAE Business School
In terms of graduate salaries, Emerging Global schools in Latin America remain some way behind those in Europe, North America and parts of Asia-Pacic, despite continued economic growth. Salaries for graduates of Universidad de Chile (US$71,000) and Business School Sao Paulo (US$68,000) are well in excess of those on offer elsewhere in the region, approaching those in Canada and mid-ranking European nations. Yet these are the only schools in the region with averaging starting salaries exceeding US$50,000.
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3. Elite Regional
Perus ESAN, Escuela de Administracion de Negocios para Graduados is the only Latin American school in this category.
2013
2012
Institution
Country
Employer Index 18,2
Avg GMAT Score 500
Avg Years Work 6
% Intern'l 10
% Female 40
Class Size 64
10
ESAN, Escuela de Administracion de Negocios para Graduados
Peru
4. Emerging Regional schools

Mexicos IPADE Business School, Universidad Panamericana is the only Latin American school in this category.
2013
2012
Institution
Country
Employer Index 13,8
Avg GMAT Score 608
Avg Years Work 4
% Intern'l 9
% Female 33
Class Size 69
10
IPADE Business School, Universidad Panamericana
Mexico
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Middle East & Africa
Schools from Middle East & Africa appear in two categories: Emerging Global and Elite Regional.
1. Elite global
There are currently no schools from Middle East & Africa in this category.
2. Emerging Global
2013 2012 Institution Country Employer Index 48,9 Avg GMAT Score 581 Avg Years Work 7 % Intern'l 24 % Female 31 Class Size 79
University of Cape Town, Graduate School of Business University of Witwatersrand American University of Sharjah
South Africa
2 3 4
South Africa United Arab Emirates Egypt
31,8 28,1 27,9
579 500 583
8 3 7
10 44 5
23 56 27
N/A N/A 158
American University in Cairo
University of Cape Town remains the regions top performer for employer recognition, ahead of fellow South African school University of Witwatersrand. Egypts American University of Cairo moves down two places to fourth in the region. Average GMAT scores for Emerging Global schools in the region range from 583 at American University in Cairo to 500 at American University of Sharjah.
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Average salaries
Avg Salary on Graduation (USD) 50000 50000 N/A N/A Avg Mean Bonus (USD) N/A 10000 N/A N/A % Employed 3 Months After Graduation 87 80 N/A N/A Program Length (Months) 11 14 12 30 Total Tuition Fees (USD) 39000 13000 32250 90000
Institution
University of Cape Town, Graduate School of Business University of Witwatersrand American University of Sharjah American University in Cairo
Graduates of UCT and Witwatersrand earn average starting salaries of US$50,000, though those at the latter also earn average bonuses of $10,000. The percentage of MBAs employed within three months of graduation stands at 87% at UCT and 80% at Witwatersrand.
3. Elite Regional
Lebanons The Suliman S. Olayan School of Business, The American University of Beirut is the only school from Middle East & Africa in this category.
2013
2012
Institution
Country
Employer Index 21,1
Avg GMAT Score 610
Avg Years Work 7
% Intern'l 6
% Female 55
Class Size 78
The Suliman S. Olayan School of Business, The American University of Beirut
Lebanon
4. Emerging Regional schools

There are currently no schools from Middle East & Africa in this category.
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Corporate Social Responsibility
Corporate Social Responsibility

2013 2012 School Country Score Band
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
1 2 3 5 4 8 10 11 12 6 22 19 15 7 13 17 21 9 14 16 26 18 24 32 25 20 40
Harvard Business School Stanford University Graduate School of Business INSEAD - France IE Business School The Wharton School, University of Pennsylvania London Business School University of Michigan, Ross School of Business School of Business, George Washington University Michael G. Foster School of Business, University of Washington Columbia Business School, Columbia University IMD Indian Institute of Management, Ahmedabad Yale School of Management, Yale University Tuck School of Business at Dartmouth IESE Business School, University of Navarra York University, Schulich School of Business Indian Institute of Management, Bangalore The Kellogg School of Management, Northwestern University Sloan School of Management, Massachusetts Institute of Technology (MIT) The University of Chicago Booth School of Business Haas School of Business, UC Berkeley Stern School of Business, New York University (NYU) S.C. Johnson Graduate School of Management, Cornell University SDA Bocconi School of Management ESADE Business School University of Virginia Darden School of Business Judge Business School, University of Cambridge
United States United States France Spain United States United Kingdom United States United States United States United States Switzerland India United States United States Spain Canada India United States United States United States United States United States United States Italy Spain United States United Kingdom
100.0 100.0 100.0 100.0 100.0 100.0 99.8 99.6 99.4 98.9 98.3 98.0 96.9 96.4 96.4 96.3 96.2 96.0 91.6 88.2 81.5 80.6 76.8 74.7 74.3 73.1 70.6
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
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2013
2012
School
Country
Score
Band
28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
28 29 36 27 31 23 30 44 38 46 37 33 39 86 45 34 47 43 50 55 51 62 52
UCLA Anderson School of Management The Johns Hopkins Carey Business School HEC MBA Program (Paris) Ashridge Business School Mendoza College of Business, University of Notre Dame The Fuqua School of Business, Duke University Thunderbird School of Global Management The St.Gallen MBA, University of St.Gallen Indian School of Business Indian Institute of Management Calcutta Joseph L. Rotman School of Management, University of Toronto Oxford University, Said Business School Boston University School of Management ESIC Business & Marketing School Kenan-Flagler Business School, University of North Carolina Melbourne Business School, The University of Melbourne ESSEC Business School Sydney Business School, University of Wollongong The University of Hong Kong, Faculty of Business and Economics Copenhagen Business School Trinity MBA,University of Dublin, Trinity College Warwick Business School, University of Warwick Nanyang Business School, Nanyang Technological University
United States United States France United Kingdom United States United States United States Switzerland India India Canada United Kingdom United States Spain United States Australia France Australia Hong Kong Denmark Ireland United Kingdom Singapore
67.5 67.1 66.9 66.6 64.0 63.0 61.9 60.9 58.1 54.6 54.3 53.9 50.0 49.8 49.2 47.9 46.9 46.9 46.1 45.8 44.2 41.0 39.8
3 3 3 3 3 3 3 3 3 3 3 3 3 2 2 2 2 2 2 2 2 2 2
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There is a stable hierarchy at the top of this years specialization ranking for Corporate Social Responsibility (CSR), suggesting that a handful of programs at elite schools are clearly established in the eyes of the worlds MBA employers as the leaders in the eld. Harvard, Stanford and INSEAD retain the top three places, with the only change in the top ve coming as IE Business School and Wharton switch places. The fact that the top programs in this area correspond quite closely to the top scoring schools overall is an indication of how seriously CSR is now being taken at the worlds leading schools. As corporations come under greater scrutiny for their ethical and environmental practice, employers are turning to a growing number of MBAs from elite schools specializing in this zeitgeist area. The only new schools in the top ten are School of Business, George Washington University, which moves up from 11th to eight, and Michael G. Foster School of Business, University of Washington moves from 12th to ninth. North America takes seven of the top ten spots, compared to three for Europe. North America also accounts for 22 of the top 50, ahead of Europe with 18 and AsiaPacic with nine. There are as yet no schools from either Middle East & Africa or Latin America among the global elite in this area of study.
The best-performing schools by region are: Harvard Business School (North America) INSEAD France (Europe) Indian Institute of Management, Ahmedabad (Asia-Pacic) The top four schools from the Asia-Pacic region are all Indian, which suggests it has been quicker than its peers to embrace this non-traditional area of study.
Business schools showing notable improvements in this years corporate social responsibility rating include: ESIC Business & Marketing School Copenhagen Business School Trinity MBA,University of Dublin, Trinity College Warwick Business School, University of Warwick Nanyang Business School, Nanyang Technological University
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Entrepreneurship
Entrepreneurship
2013
2012
School
Country
Score
Band
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 22 24 25 26 27
1 2 3 4 5 6 8 7 10 9 13 12 11 19 15 17 21 25 18 23 14 16 27 29 52 42 35
Harvard Business School Stanford University Graduate School of Business The Wharton School, University of Pennsylvania IE Business School INSEAD - France Sloan School of Management, Massachusetts Institute of Technology (MIT) London Business School Babson College Columbia Business School, Columbia University The Kellogg School of Management, Northwestern University IESE Business School, University of Navarra The University of Chicago Booth School of Business Haas School of Business, UC Berkeley IMD Judge Business School, University of Cambridge Indian Institute of Management, Ahmedabad HEC MBA Program (Paris) Indian Institute of Management, Bangalore Tepper School of Business, Carnegie Mellon University Oxford University, Said Business School Stern School of Business, New York University (NYU) UCLA Anderson School of Management ESADE Business School Thunderbird School of Global Management Indian Institute of Management Calcutta Joseph L. Rotman School of Management, University of Toronto Indian School of Business
United States United States United States Spain France United States United Kingdom United States United States United States Spain United States United States Switzerland United Kingdom India France India United States United Kingdom United States United States Spain United States India Canada India
100.0 100.0 100.0 100.0 100.0 99.9 99.9 99.1 97.8 96.9 94.9 94.5 90.8 89.2 86.2 86.0 77.2 76.0 69.4 67.4 64.0 63.2 63.2 56.5 55.0 54.6 54.3
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
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2013
2012
School
Country
Score
Band
28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
31 20 32 39 36 24 26 45 28 34 33 119 37 30 22 38 59 62 64 46 44 48 40
American University Kogod School of Business Marshall School of Business, University of Southern California Michael G. Foster School of Business, University of Washington SDA Bocconi School of Management The University of Hong Kong, Faculty of Business and Economics Melbourne Business School, The University of Melbourne Imperial College Business School, Imperial College London The St.Gallen MBA, University of St.Gallen University of Michigan, Ross School of Business Nanyang Business School, Nanyang Technological University Yale School of Management, Yale University University of Colorado at Boulder Leeds School of Business University of Virginia Darden School of Business EMLYON Business School The Fuqua School of Business, Duke University The HKUST Business School Richard Ivey School of Business, The University of Western Ontario The Fox School of Business, Temple University S.C. Johnson Graduate School of Management, Cornell University Boston University School of Management Tuck School of Business at Dartmouth S. P. Jain Institute of Management and Research NUS Business School, National University of Singapore
United States United States United States Italy Hong Kong Australia United Kingdom Switzerland United States Singapore United States United States United States France United States Hong Kong Canada United States United States United States United States India Singapore
52.9 52.6 52.3 51.9 51.2 50.4 50.2 48.6 47.0 44.3 43.3 43.2 41.4 39.7 37.4 35.1 34.7 34.2 33.9 33.3 32.6 30.8 30.3
3 3 3 3 3 3 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2
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The same schools comprise the top ten in this years ranking for entrepreneurship as in 2012, led by Harvard, Stanford, Wharton and IE. A total of 11 nations are represented in the global top 50: US (25), India (4), UK (4), France (3), Spain (3), Canada (2), Hong Kong (2), Switzerland (2), Australia (1), Italy (1), and Singapore (1). In a top ten dominated by big-name schools that feature prominently in the Elite Global category of the overall rating, Babson College stands out as a school whose strength in entrepreneurship exceeds its overall reputation. Rated in the Emerging Global grouping overall, it ranks 8th globally for entrepreneurship, one place lower than last year. The four highest ranked schools from Asia-Pacic are all Indian: IIM Ahmedabad, IIM Bangalore, IIM Calcutta and Indian School of Business. Business schools showing notable improvements in this years entrepreneurship rating include: Indian Institute of Management, Bangalore Joseph L. Rotman School of Management, University of Toronto Indian School of Business SDA Bocconi School of Management The St.Gallen MBA, University of St.Gallen University of Colorado at Boulder Leeds School of Business Richard Ivey School of Business, The University of Western Ontario The Fox School of Business, Temple University S.C. Johnson Graduate School of Management, Cornell University
While seemingly paradoxical, MBA employers are increasingly placing an emphasis on the entrepreneurial talents of their new hires. Though
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traditionally an area where a business school graduate might aim to start up their own enterprise, employers value the talents of graduates who can, in tough economic times, develop fresh sources of revenue, while the graduates themselves nd greater security in testing their entrepreneurial ideas with the nancial backing of their employers. Interestingly, large employers were once reluctant to hire MBAs with signicant entrepreneurship coursework for fear that the new hire was only passing time before starting his or her own business, explains Dr Brian S Anderson, assistant professor of entrepreneurship at the Richard Ivey School of Business. As large rms come to recognize that pursuing innovation and entrepreneurial-centric strategies pays off in terms of better performance - something that research has shown repeatedly those rms are seeing more value in MBAs that have knowledge of, and experience with entrepreneurship topics. However, with a gloomy economic outlook for much of the world, its not just businesses that are placing their faith in MBA entrepreneurs, as San Rickard, director of the full-time MBA program(2006-2011) at Craneld School of Management explains: Governments have come to the view rightly or wrongly that their inuence on their economies is greatly weakened in a globalizing world and now put great emphasis on business start ups and entrepreneurship to generate jobs and growth. Not surprising therefore that entrepreneurship has a higher prole in business schools.
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Dr Anderson continues: I think the entrepreneurship eld in scholarly circles is becoming far more accepted as a legitimate course of study, faculty hiring in the area is up, and more resources are being spent in developing very high-quality, experiential learning programs for students. One business school that has consistently rated highly for entrepreneurship is The Wharton School at the University of Pennsylvania, ranked third this year. Wharton was the rst business school to develop a fully integrated curriculum of entrepreneurial studies and continues to emphasize entrepreneurship across all disciplines, says Emily Gohn Cieri, managing director of The Wharton Schools entrepreneurial programs. We teach students how to acquire an entrepreneurial mindset so they learn to adapt rapidly, throughout the venturing process, to new situations while avoiding fatal aws and traps.
Business schools showing notable improvements in this years entrepreneurship rating include: University of Colorado at Boulder Leeds School of Business Richard Ivey School of Business, The University of Western Ontario The Fox School of Business, Temple University S.C. Johnson Graduate School of Management, Cornell University
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Finance
Finance
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
1 3 2 4 5 6 7 8 9 10 12 13 11 16 15 18 14 20 19 24 37 17 23 21 25 22 28
The Wharton School, University of Pennsylvania London Business School The University of Chicago Booth School of Business Harvard Business School Stern School of Business, New York University (NYU) Columbia Business School, Columbia University INSEAD - France IE Business School Stanford University Graduate School of Business The Kellogg School of Management, Northwestern University Indian Institute of Management, Ahmedabad IESE Business School, University of Navarra Sloan School of Management, Massachusetts Institute of Technology (MIT) HEC MBA Program (Paris) SDA Bocconi School of Management Indian Institute of Management, Bangalore NUS Business School, National University of Singapore IMD Indian Institute of Management Calcutta ESADE Business School Haas School of Business, UC Berkeley University of Michigan, Ross School of Business Oxford University, Said Business School Joseph L. Rotman School of Management, University of Toronto Melbourne Business School, The University of Melbourne The Fuqua School of Business, Duke University Cass Business School
United States
100.0
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
United Kingdom 100.0 United States United States United States United States France Spain United States United States India Spain United States France Italy India Singapore Switzerland India Spain United States United States 100.0 100.0 100.0 100.0 100.0 98.4 96.7 91.7 90.9 88.7 81.8 73.2 71.9 69.8 69.7 67.0 64.7 61.6 60.9 60.3
United Kingdom 58.6 Canada Australia United States 58.6 55.4 53.6
United Kingdom 50.4
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2013
2012
School
Country
Score
Band
28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 48 50
30 38 33 39 32 27 31 26 29 35 34 40 43 36 46 48 44 41 47 55 45 57 52
Boston University School of Management UCLA Anderson School of Management Yale School of Management, Yale University The St.Gallen MBA, University of St.Gallen The Australian National University, ANU College of Business and Economics Imperial College Business School, Imperial College London University of Virginia Darden School of Business Judge Business School, University of Cambridge Tuck School of Business at Dartmouth Indian School of Business Richard Ivey School of Business, The University of Western Ontario The University of Hong Kong, Faculty of Business and Economics ESSEC Business School Tepper School of Business, Carnegie Mellon University Monash University Faculty of Business and Economics University of New South Wales, AGSM MBA Programs Manchester Business School, The University of Manchester S. P. Jain Institute of Management and Research European Business School (EBS) Thunderbird School of Global Management S.C. Johnson Graduate School of Management, Cornell University Warwick Business School, University of Warwick Nanyang Business School, Nanyang Technological University
United States United States United States Switzerland Australia
48.3 47.8 46.9 45.5 45.2
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 1
United Kingdom 44.8 United States 39.7
United Kingdom 39.6 United States India Canada Hong Kong France United States Australia Australia 39.5 39.3 33.5 33.1 30.7 30.6 28.7 28.3
United Kingdom 28.1 India Germany United States United States 28.1 26.9 26.7 25.8
United Kingdom 25.8 Singapore 24.8
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Wharton reigns supreme in nance, topping the table again as it has done every year since 2010. There are also particularly strong performances from LBS (2nd) and NYU Stern (5th), both of which benet from strong links to the nance sectors in the major global capitals in which they are located. Fellow New York City-based institution Columbia Business School is just one place behind NYU Stern, in sixth. The top Asia-Pacic school is Indias IIM Ahmedabad in 11th, ve places ahead of IIM Bangalore. A total of 12 countries are represented in the top 50: US (19), UK (7), India (5), Australia (4), France (3), Spain (3), Singapore (2), Switzerland (2), Canada (2), ), Germany (1), Hong Kong (1), Italy (1) Business schools that have shown big improvements in how employers value their MBA graduates nancial abilities include: Haas School of Business, UC Berkeley UCLA Anderson School of Management The St.Gallen MBA, University of St.Gallen Thunderbird School of Global Management Warwick Business School, University of Warwick A long-standing favorite specialist area for many MBA graduates, nance has taken a hit in popularity amongst applicants in recent years, following the global nancial crisis. However, as business schools continue to react to the ongoing nancial events around the world, altering their programs to incorporate the lessons that need to be learnt from such economically game-changing events, employers continue to value the modern approach of MBA graduates to nance. At The Wharton School at the University of Pennsylvania, which over the years has consistently been rated top in fostering a nancial prowess among their MBAs, evolution of their curricula is important. Change has occurred both organically, as in the MBA curriculum review we just completed, and reactively, in response to the nancial crisis, explains
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Michael Gibbons, deputy dean at Wharton. These changes extend to all academic-related work such as courses, research, seminars, and conferences. In the classroom, Wharton continues to offer an innovative curriculum that reects its expertise in nance. Students are provided with knowledge that is in-depth but broad enough to be responsive to the vagaries of the market.In the post-crisis nancial system, it is apparent that business leaders need to understand government better given increased regulation in the nancial sector. However, its not purely the nancial services sector that employs MBA graduates and alumni who are well versed in all that is nance. Organizations outside of the sector have always required leaders with an in-depth nancial know-how, but as the global economy evolves this need is growing more than ever. Financial companies offer unique challenges to their leaders and senior managers, particularly on subjects as varied as leadership, trust issues and regulatory framework changes, explains Professor Steve Thomas, executive MBA course director and professor of nance at Cass Business School, City University London. Recent global developments offer unusual and substantial challenges to managers in this sector. Anyone planning to run a business with these additional issues present needs to ensure they are knowledgeable and comfortable with a very wide range of management and professional skills. When looking into specialist areas taught on MBA programs, it should always be made clear that the MBA qualication has traditionally been seen as a general management degree, and only recently have specialist programs dedicated to the nance profession developed. As most business schools offer numerous nance-focused options, prospective students need to look carefully when trying to differentiate between programs. One effective way is through assessing the strength of the schools career service links within the nancial industry around the world. The Stern School at New York University, for example, regularly attracts Wall Street recruiters to campus.
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Despite many MBA programs reporting an increase in diversity of working backgrounds in their class, the nancial services industry still provides the largest amount of candidates to pursue the qualication across the world. Many students are looking to further their place in the industry and have specic goals, so look to an MBA to help them achieve career progression. For this reason, many schools offer a large range of nance-specic courses, both as part of their core curriculum and as optional electives. The University of Chicagos Booth School of Business is well known for its quantitative and analytical nance focus, and traditionally places around 75% of their graduates in nance and consulting jobs. The opening of their executive MBA campuses in the nancial centres of London and Singapore has also helped increase their perception among global nancial services employers. MBA candidates may also be looking to move into the nancial sector from other industries. With jobs in the sector in great demand, schools that have established internship links with such nance rms can particularly help candidates looking to switch industries. The Wharton School for example, traditionally places many of its students in Wall Street rms for internships at the end of their rst year.
Business schools showing notable improvements in this years nance rating include: Thunderbird School of Global Management Warwick Business School, University of Warwick Nanyang Business School, Nanyang Technological University
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Information Management
Information Management
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
1 2 4 6 3 7 5 9 8 11 13 14 18 15 21 16 102 17 22 19 25 20 12 27 23 24 10
Sloan School of Management, Massachusetts Institute of Technology (MIT) Harvard Business School Stanford University Graduate School of Business IE Business School INSEAD - France London Business School The Wharton School, University of Pennsylvania The Kellogg School of Management, Northwestern University Columbia Business School, Columbia University Haas School of Business, UC Berkeley The University of Chicago Booth School of Business Indian Institute of Management, Ahmedabad UCLA Anderson School of Management Stern School of Business, New York University (NYU) Melbourne Business School, The University of Melbourne IESE Business School, University of Navarra WHU Otto Beisheim School of Management HEC MBA Program (Paris) Indian Institute of Management, Bangalore University of Michigan, Ross School of Business SDA Bocconi School of Management ESADE Business School IMD Indian Institute of Management Calcutta NUS Business School, National University of Singapore The Fuqua School of Business, Duke University Tepper School of Business, Carnegie Mellon University
United States United States United States Spain France United Kingdom United States United States United States United States United States India United States United States Australia Spain Germany France India United States Italy Spain Switzerland India Singapore United States United States
100.0 100.0 100.0 100.0 100.0 100.0 100.0 99.7 99.4 94.2 93.9 92.4 92.2 89.4 88.9 87.7 86.7 84.8 82.0 80.6 78.1 77.5 73.7 69.0 67.3 67.2 66.9
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
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2013
2012
School
Country
Score
Band
28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
34 51 43 36 33 46 38 45 30 31 42 44 54 29 124 28 49 37 65 40 39 50 47
Indian School of Business S.C. Johnson Graduate School of Management, Cornell University The St.Gallen MBA, University of St.Gallen Thunderbird School of Global Management The HKUST Business School Kenan-Flagler Business School, University of North Carolina Monash University Faculty of Business and Economics Joseph L. Rotman School of Management, University of Toronto Richard Ivey School of Business, The University of Western Ontario Nanyang Business School, Nanyang Technological University Yale School of Management, Yale University Oxford University, Said Business School Judge Business School, University of Cambridge Krannert School of Management, Purdue University Trinity MBA,University of Dublin, Trinity College The University of Hong Kong, Faculty of Business and Economics Boston University School of Management Warwick Business School, University of Warwick Vlerick Leuven Gent Management School University of Massachusetts Boston MBA Program Instituto Tecnologico Autonomo de Mexico (ITAM) Asian Institute of Management EGADE-Tecnologico de Monterrey, Campus Monterrey
India United States Switzerland United States Hong Kong United States Australia Canada Canada Singapore United States United Kingdom United Kingdom United States Ireland Hong Kong United States United Kingdom Belgium United States Mexico Philippines Mexico
66.6 65.0 64.2 60.0 59.2 55.5 54.5 54.1 52.0 51.6 48.0 47.4 44.8 44.6 44.4 42.8 42.6 42.4 40.4 40.3 40.2 39.3 37.8
3 3 3 3 3 3 3 3 3 3 2 2 2 2 2 2 2 2 2 2 2 2 2
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MIT, Harvard and Stanford all appear strongly at the head of the information management rating. MIT has long been seen as a leader in this eld, combining world-class technical research with international management and strategy expertise. The school offers two highly regarded programs - Leaders for Global Operations(LGO)and Systems Design and Management(SDM) - with the MIT faculty of engineering. This allows MBAs to take advantage of the cutting-edge research resources of the worlds number one engineering faculty, as conrmed by the QS World University Rankings. Stanfords Graduate School of Business also features among the top performers in the information management rating, with good links to many of the worlds top technology companies based in and around the surrounding area of San Francisco Bay. Other schools from North America that appear strongly include the Wharton School, Kellogg School of Management, Northwestern University, Columbia Business School and Haas School of Business, UC Berkeley. In Europe, IE Business School, INSEAD and London Business School, appear as the top rated schools through the eyes of employers. INSEAD boasts world-class faculty in the eld of information management, found at the technology and operations management area within the school. IE and HEC similarly both have world-class faculty in this topic, publishing numerous research papers covering developments in information management.
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Business schools that have made considerable gains in employer reputation for their teaching of information management to MBA students include: WHU Otto Beisheim School of Management S.C. Johnson Graduate School of Management, Cornell University The St.Gallen MBA, University of St.Gallen Kenan-Flagler Business School, University of North Carolina Joseph L. Rotman School of Management, University of Toronto Judge Business School, University of Cambridge Trinity MBA, University of Dublin, Trinity College Vlerick Leuven Gent Management School There are 11 Asian-Pacic schools featured in the information management report, more than are found in many other specializations. IIM Ahmedabad appears highest, followed by other technically renowned schools such as Melbourne Business School, IIM Bangalore, and IIM Calcutta. Indian School of Business and the The HKUST Business School also feature strongly. The fast-growing global importance of information management to the business world has created an increase in the demand for MBA graduates with technical skills over the past decade. Of particular note is the fast-paced growth in technology, specically new platforms such as social networking formed on the back of the rapid integration of the online domain into everyday life. This shift has also seen growth in the number of prospective MBA candidates with IT and engineering backgrounds who look to build on their technical skills, instead of looking to switch to the traditionally popular MBA industries such as nance, general management or consulting. Importance has now been placed on combining world-class management skills with already established technical expertise. Business schools excelling in the eld have looked to reect this demand from students and MBA employers within their MBA curricula, with growth in the number of MBA programs specically designed for technical students. Specializations like
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information and technology management, for example, systems integration, back ofce, and knowledge management are an attraction for engineers, keen to make the transition from a technical specialist to a technical manager. Although the traditional view of the MBA curriculum focuses on general management, many large and specialist business schools offer electives for MBAs to specialize in information and technology management. When comparing MBA programs, prospective students should consider the percentage of the current class who have similar technical backgrounds, and more importantly the percentage of recent graduates who have graduated to roles similar to that which they seek themselves. If it is a technical management role that is being sought, then graduating class data will reect how competent a school is at providing this opportunity. The main employers who recruit at a school, and the specic roles for which they recruit, will also give an indication of the schools ability to attract technically-focused recruiters.
Business schools showing notable improvements in this years information management rating include: WHU Otto Beisheim School of Management S.C. Johnson Graduate School of Management, Cornell University Judge Business School, University of Cambridge Trinity MBA,University of Dublin, Trinity College Vlerick Leuven Gent Management School
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Innovation
Innovation
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26
1 3 2 4 7 5 6 9 8 10 13 14 12 15 17 11 18 21 19 23 16 42 26 25 20 29
Stanford University Graduate School of Business Harvard Business School Sloan School of Management, Massachusetts Institute of Technology (MIT) INSEAD - France IE Business School The Wharton School, University of Pennsylvania London Business School IMD The Kellogg School of Management, Northwestern University IESE Business School, University of Navarra Indian Institute of Management, Ahmedabad The University of Chicago Booth School of Business Columbia Business School, Columbia University Haas School of Business, UC Berkeley Indian Institute of Management, Bangalore Stern School of Business, New York University (NYU) Yale School of Management, Yale University Oxford University, Said Business School UCLA Anderson School of Management ESADE Business School Tepper School of Business, Carnegie Mellon University Joseph L. Rotman School of Management, University of Toronto SDA Bocconi School of Management Judge Business School, University of Cambridge The HKUST Business School Indian School of Business
United States United States United States France Spain United States United Kingdom Switzerland United States Spain India United States United States United States India United States United States United Kingdom United States Spain United States Canada Italy United Kingdom Hong Kong India
100.0 100.0 100.0 100.0 100.0 100.0 100.0 98.5 98.2 98.1 93.6 92.8 91.4 88.7 88.4 81.8 78.1 74.7 72.0 71.0 67.6 67.5 65.4 65.1 63.8 62.1
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
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2013
2012
School
Country
Score
Band
27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
28 22 32 39 31 30 34 27 46 36 44 35 38 33 45 43 55 37 52 53 40 61 60 51
HEC MBA Program (Paris) University of Virginia Darden School of Business Indian Institute of Management Calcutta S.C. Johnson Graduate School of Management, Cornell University The University of Hong Kong, Faculty of Business and Economics Melbourne Business School, The University of Melbourne Boston University School of Management University of Michigan, Ross School of Business The St.Gallen MBA, University of St.Gallen The Fuqua School of Business, Duke University Thunderbird School of Global Management Kenan-Flagler Business School, University of North Carolina Babson College Desautels Faculty of Management at McGill University Instituto Tecnologico Autonomo de Mexico (ITAM) Manchester Business School, The University of Manchester Queen's School of Business NUS Business School, National University of Singapore Imperial College Business School, Imperial College London Ashridge Business School Richard Ivey School of Business, The University of Western Ontario ESSEC Business School HEC Montreal EMLYON Business School
France United States India United States Hong Kong Australia United States United States Switzerland United States United States United States United States Canada Mexico United Kingdom Canada Singapore United Kingdom United Kingdom Canada France Canada France
61.5 60.4 60.3 55.5 54.5 51.0 50.6 49.4 47.2 45.6 45.2 44.3 43.1 42.5 37.8 37.0 33.8 32.5 31.6 31.6 30.0 29.4 29.3 29.2
3 3 3 3 3 3 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2
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Stanford retains the top spot for innovation, ahead of fellow US schools Harvard and MIT Sloan. The top ten is split 50/50 between schools from North America and Europe, with ve US schools joined by two from Spain (IE and IESE Navarra), and one apiece from France (INSEAD) and the UK (LBS). Wharton and Kellogg School of Management make up the remaining spots in the top ten. Each of these schools hold established records at developing high-prole innovative business leaders across industries, often achieved through differing methods. In Asia, Indian business schools are again showing their rapid development, with the two Indian Institute of Managements in Ahmedabad and Bangaloreretaining their places in the top 20. The Indian School of Business and the Indian Institute of Management in Calcutta also show good progress in the eyes of employers seeking MBA graduates versed in innovation. Elsewhere in the Asia-Pacic region, HKUST Business School, the University of Hong Kong and Melbourne Business School are well respected by MBA employers and recruiters. Other business schools that have gained signicantly in employer opinion for innovation include: Joseph L. Rotman School of Management, University of Toronto S.C. Johnson Graduate School of Management, Cornell University The St.Gallen MBA, University of St.Gallen Queen's School of Business ESSEC Business School HEC Montreal
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Innovation has long been both the cause and effect of developments in MBA curricula taught at the worlds highest respected business schools. With the stories of many famous business leaders beginning through innovations of new or current processes and technology, schools understand the importance of developing the ability to form innovative ideas and implementing them in the future business world. Many faculty members at top business schools see the practical application of their teaching and research, particularly by the graduates who pass through their MBA programs, as their contribution towards the development of long-term business methods and procedures. Schools try to offer their support in creating a working environment to best foster management innovation in their students. Sherring Ng, head of marketing and admissions of HKUST Business Schools MBA programs stresses the importance of innovation in order to foster sustainable growth in business: Innovation helps to improve productivity, add value to the existing services or product or improve efciency of business operations. Employers value innovation because employees with this competence are likely to help the companies to create new products, processes, or services which will meet the everchanging demand in the market and sustain business growth. Ng continues, explaining what innovation at MBA level involves:A specialization in innovation entails creativity, imagination and open-mindedness to new ideas. To facilitate a specialization in innovation, a business school has to be supportive to new ideas; it should build up a positive atmosphere that encourages people to express their own opinion and to take risk. Communication channels and occasions that allow collections of new ideas and experimentation will facilitate the innovation process. When considering MBA programs that will help encourage innovation in management, there are a number of factors to consider.
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One important consideration is the opportunity to interact with classmates to help build perspectives and shape business ideas, and consequently importance is placed on diversity gures of the current MBA class. If the level of interaction between MBA students is high, then it makes sense that the more diverse the class, then the more opportunity there is to learn from students with different working and cultural backgrounds or perspectives. Further linked to this concept of creating an innovative working environment is the way in which the class is taught. A program that offers a large amount of group work and opportunities to work on case studies may nd that innovation is more prevalent. Schools that teach with a case study method, such as Harvard Business School, Richard Ivey School of Business, The Darden School of Business at the University of Virginia and IESE Business School, offer their MBA students the chance to interact with classmates on real business cases, often inviting business leaders to facilitate the learning process.
Business schools showing notable improvements in this years innovation rating include: Queen's School of Business Imperial College Business School, Imperial College London Ashridge Business School ESSEC Business School HEC Montreal EMLYON Business School
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International Management
International Management
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28
1 2 3 5 6 4 8 7 10 15 14 11 12 13 16 9 19 17 18 27 21 32 22 26 25 31 28 24
INSEAD - France Harvard Business School The Wharton School, University of Pennsylvania London Business School IE Business School Thunderbird School of Global Management Stanford University Graduate School of Business Marshall School of Business, University of Southern California Judge Business School, University of Cambridge The University of Chicago Booth School of Business Columbia Business School, Columbia University The Fox School of Business, Temple University The Kellogg School of Management, Northwestern University IMD IESE Business School, University of Navarra SDA Bocconi School of Management Haas School of Business, UC Berkeley Melbourne Business School, The University of Melbourne Sloan School of Management, Massachusetts Institute of Technology (MIT) HEC MBA Program (Paris) Oxford University, Said Business School Indian Institute of Management, Ahmedabad ESADE Business School Boston University School of Management Stern School of Business, New York University (NYU) The St.Gallen MBA, University of St.Gallen UCLA Anderson School of Management The Fuqua School of Business, Duke University
France United States United States United Kingdom Spain United States United States United States United Kingdom United States United States United States United States Switzerland Spain Italy United States Australia United States France United Kingdom India Spain United States United States Switzerland United States United States
100.0 100.0 100.0 100.0 100.0 100.0 99.9 99.2 97.8 97.6 97.4 97.3 96.4 95.6 93.5 93.4 93.1 93.0 92.6 85.8 83.4 76.4 74.9 73.8 69.8 69.4 65.9 65.2
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
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2013
2012
School
Country
Score
Band
29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
23 29 35 34 33 39 41 20 58 30 46 65 38 40 50 120 37 45 48 47 36 62
Richard Ivey School of Business, The University of Western Ontario NUS Business School, National University of Singapore Joseph L. Rotman School of Management, University of Toronto University of Michigan, Ross School of Business Tuck School of Business at Dartmouth The University of Hong Kong, Faculty of Business and Economics The Australian National University, ANU College of Business and Economics Darla Moore School of Business, University of South Carolina Indian Institute of Management, Bangalore Rotterdam School of Management, Erasmus University University of New South Wales, AGSM MBA Programs Indian Institute of Management Calcutta Yale School of Management, Yale University Nanyang Business School, Nanyang Technological University Hult International Business School HEC Montreal Manchester Business School, The University of Manchester Indian School of Business Sydney Business School, University of Wollongong School of Economics and Management, Tsinghua University The HKUST Business School Sauder School of Business, University of British Columbia
Canada Singapore Canada United States United States Hong Kong Australia United States India Netherlands Australia India United States Singapore United States Canada United Kingdom India Australia China Hong Kong Canada
62.3 54.9 53.3 52.8 52.0 50.5 50.2 49.8 47.8 45.8 44.4 43.9 41.8 39.6 39.6 39.5 39.4 38.8 38.3 38.2 38.1 36.8
3 3 3 3 3 3 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2
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INSEAD France retains its place as the number one school of international management, making it the only one of the ten MBA specializations covered in this report that is not topped by a US institution. Fellow European schools LBS and IE also make the top ve, while Cambridges Judge Business School joins them in the top ten. With its diverse mix of home nationalities, close international ties, and a strong global perception of MBA education, European business schools prove extremely attractive to international applicants, translating to internationally diverse classes. The international make up of the European business schools full-time MBA programs that feature in the top 10 are impressive: INSEAD, France: 93% international students; London Business School: 91% international students; IE Business: 97% international students; Judge Business School: 97% international students. Yet despite the prominence of European schools in the top ten, in numerical terms they are outperformed by North America, with 23, and Asia-Pacic, with 13. The leading Asia-Pacic school is Melbourne Business School, while Indias IIM Ahmedabad, Singapores NUS Business School, and the University of Hong Kong all feature prominently. The leading US schools are Harvard, Wharton, Thunderbird, Stanford, and Marshall School of Business, University of Southern California.
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Schools rated highly in the international management ratingoften have multiple campuses across the world. INSEADs MBA, for instance, runs in a dual campus format, where students are able to study at either of their campuses in Singapore or France. Similarly, Thunderbird School of Global Management has locations in Switzerland, China, Russia, and Mexico, in addition to its main campus in the US. MBA education evolves with the changing needs of a competitive economic environment, and over the past decade, international management and the need to understand management within a global context has grown signicantly in importance. Top business schools have seen the necessity of creating international MBA classroom environments that reect the ever-increasing international working environment. A number of leading business schools have designed their curricula to focus on international management, while other schools have launched specialized MBA programs in this area. Mark Crosby, associate professor of economics at Melbourne Business Schoolstates, International management is increasingly becoming an integrative part of the curriculum as opposed to a standalone concentration featured in MBA programs of the past. Understanding the vital role that international trade plays in the world economy and the resulting implications for business is a key objective for an MBA student. Accommodating globalization, dealing with the world nancial crisis, and achieving sustainable development are among the major challenges facing the world economy. The international trading system, for example, is central to successfully addressing these and other global challenges, he adds.
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Many students who pursue a specialization in international management are driven by the desire to gain global exposure and work within a diverse and international team. Often they have international work experience and look to both study and work in a different country to their own. The internationalization of business demands a sound working knowledge of the principles of international nance and the operation of international nancial markets, Crosby states. Employers who responded to the latest TopMBA.com Jobs and Salary Trends Report strongly agreed that screening for language and intercultural skills is an increasingly important part of the hiring process.
Business schools showing notable improvements in this years international management rating include: HEC Montreal Sauder School of Business, University of British Columbia
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Leadership
Leadership
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
1 2 3 4 5 12 7 8 6 9 10 13 11 18 20 29 31 17 21 26 14 39 25 24 28 33 27
Harvard Business School The Wharton School, University of Pennsylvania INSEAD - France London Business School Stanford University Graduate School of Business IMD IE Business School Columbia Business School, Columbia University The Kellogg School of Management, Northwestern University The University of Chicago Booth School of Business Sloan School of Management, Massachusetts Institute of Technology (MIT) IESE Business School, University of Navarra Tuck School of Business at Dartmouth Oxford University, Said Business School Indian Institute of Management, Ahmedabad HEC MBA Program (Paris) Indian Institute of Management, Bangalore UCLA Anderson School of Management NUS Business School, National University of Singapore Melbourne Business School, The University of Melbourne University of Michigan, Ross School of Business Indian Institute of Management Calcutta Yale School of Management, Yale University Kenan-Flagler Business School, University of North Carolina The St.Gallen MBA, University of St.Gallen Haas School of Business, UC Berkeley ESADE Business School
United States United States France United Kingdom United States Switzerland Spain United States United States United States United States Spain United States United Kingdom India France India United States Singapore Australia United States India United States United States Switzerland United States Spain
100.0 100.0 100.0 100.0 100.0 99.8 99.8 98.8 98.2 94.3 94.2 91.4 86.9 82.0 82.0 72.3 68.1 67.4 64.8 62.9 60.8 60.2 60.0 58.2 56.1 53.6 53.6
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
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2013
2012
School
Country
Score
Band
28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
16 15 30 22 37 35 41 42 40 32 43 36 19 23 98 34 47 38 50 48 46 45 53
Richard Ivey School of Business, The University of Western Ontario Stern School of Business, New York University (NYU) University of Virginia Darden School of Business S.C. Johnson Graduate School of Management, Cornell University Judge Business School, University of Cambridge SDA Bocconi School of Management Indian School of Business Joseph L. Rotman School of Management, University of Toronto The University of Hong Kong, Faculty of Business and Economics Thunderbird School of Global Management Boston University School of Management Cranfield School of Management The Fuqua School of Business, Duke University McDonough School of Business, Georgetown University Mannheim Business School Lancaster University Management School Tepper School of Business, Carnegie Mellon University Henley Business School Copenhagen Business School Warwick Business School, University of Warwick Ashridge Business School Nanyang Business School, Nanyang Technological University Queen's School of Business
Canada United States United States United States United Kingdom Italy India Canada Hong Kong United States United States United Kingdom United States United States Germany United Kingdom United States United Kingdom Denmark United Kingdom United Kingdom Singapore Canada
52.8 51.3 51.3 51.2 50.0 48.9 46.6 45.7 44.4 43.7 42.2 40.9 40.8 39.5 38.2 35.9 35.8 34.5 33.4 32.5 31.3 30.7 27.8
3 3 3 3 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2
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Harvard retains the top spot in the leadership rating for a fourth consecutive year, one of ve subject specializations in which it is rated number one by MBA employers this year. Harvards preeminence in this particular area does not come as a surprise, as historically it has produced more Fortune 500 CEOs than any other business school. The list is dominated by big-name schools in the Elite Global category, with the same top ve this year as in 2012. The only major change at the top of the table comes as IMD jumps from 12th to sixth, while The Kellogg School of Management drops three places to ninth. A total of eight UK schools feature in the top 50, amongst a total of 18 European schools. LBS is joined in the top 20 by Oxfords Said Business School, with Cambridges Judge Business School and Craneld School of Management also featuring prominently. INSEAD and London Business School have a longstanding reputation for leadership development on their MBA programs. Both offer very different approaches; however they also have similarities in that both schools have widened and developed their executive education curriculum, allowing their MBA students to benet from interaction with senior business leaders. Other European schools featuring prominently in the ratings include Switzerlands IMD, as well as Spanish schools IE and IESE. IMD in particular has an outstanding global reputation for its ability to develop individual leadership skills in its small class of MBA students. Other top schools are adopting innovative approaches to developing MBAs leadership capabilities. The Wharton School for example provides leadership development training at a military academy in Quantico, Virginia as an optional part of its program, while other North American schools such as the Tuck School of Business have designed programs that are tailored to each MBA student.
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At Tuck the curriculum is designed as such that MBA students can develop their leadership skills over two years, and each students has a personal leadership plan. The Richard Ivey School of Business has also tailored its program to appeal to MBA students keen to develop their leadership skills. The leading school form the Asia-Pacic region is Indian Institute of Management, Ahmedabad, while IIM Bangalore, Singapores NUS Business School and Australias Melbourne Business School also make the global top 20 for their employer reputation. The following schools have signicantly improved their reputation for leadership among global MBA employers: HEC MBA Program (Paris) Indian Institute of Management, Bangalore Indian Institute of Management Calcutta Mannheim Business School
Business schools showing notable improvements in this years leadership rating include: Mannheim Business School Queen's School of Business
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Marketing
Marketing
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28
1 3 2 4 5 7 8 16 9 6 13 11 14 18 12 10 15 21 17 20 19 22 26 24 23 28 25 29
The Kellogg School of Management, Northwestern University Harvard Business School The Wharton School, University of Pennsylvania INSEAD - France IE Business School Stanford University Graduate School of Business London Business School Columbia Business School, Columbia University UCLA Anderson School of Management Judge Business School, University of Cambridge Haas School of Business, UC Berkeley SDA Bocconi School of Management Sloan School of Management, Massachusetts Institute of Technology (MIT) The University of Chicago Booth School of Business University of Michigan, Ross School of Business The Fuqua School of Business, Duke University Indian Institute of Management, Ahmedabad ESADE Business School Stern School of Business, New York University (NYU) Melbourne Business School, The University of Melbourne Tuck School of Business at Dartmouth Oxford University, Said Business School IESE Business School, University of Navarra University of Virginia Darden School of Business NUS Business School, National University of Singapore IMD Warwick Business School, University of Warwick HEC MBA Program (Paris)
United States United States United States France Spain United States United Kingdom United States United States United Kingdom United States Italy United States United States United States United States India Spain United States Australia United States United Kingdom Spain United States Singapore Switzerland United Kingdom France
100.0 100.0 100.0 99.9 99.9 99.3 99.0 96.5 96.3 96.3 96.1 96.0 95.1 94.8 94.2 94.1 90.0 87.1 86.6 83.5 82.7 79.5 76.9 74.7 73.4 71.6 70.5 64.4
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
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2013
2012
School
Country
Score
Band
29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
27 32 30 35 31 52 41 33 38 37 54 42 36 34 87 45 55 40 60 39 44 43
Indian Institute of Management, Bangalore Thunderbird School of Global Management Manchester Business School, The University of Manchester Sauder School of Business, University of British Columbia ESSEC Business School Joseph L. Rotman School of Management, University of Toronto Sydney Business School, University of Wollongong Marshall School of Business, University of Southern California Kelley School of Business, Indiana University Rotterdam School of Management, Erasmus University S.C. Johnson Graduate School of Management, Cornell University University of New South Wales, AGSM MBA Programs The Johns Hopkins Carey Business School S. P. Jain Institute of Management and Research York University, Schulich School of Business McDonough School of Business, Georgetown University ESIC Business & Marketing School Cranfield School of Management The St.Gallen MBA, University of St.Gallen UQ Business School, University of Queensland Kenan-Flagler Business School, University of North Carolina Goizueta Business School, Emory University
India United States United Kingdom Canada France Canada Australia United States United States Netherlands United States Australia United States India Canada United States Spain United Kingdom Switzerland Australia United States United States
63.7 56.1 50.4 48.7 48.1 47.1 44.4 44.3 42.6 41.6 41.4 40.1 39.8 39.3 38.3 36.9 36.4 36.1 35.3 34.9 34.9 33.8
3 3 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2
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The Kellogg School of Management claims the top spot for the third successive year, underlying its status as the worlds most prestigious source of top marketing talent. The schools research output delivered by its world-class faculty can be found in the top business marketing journals, and it continues to be among the most sought after for MBA graduates with an expertise in the eld of marketing. Fellow US schools Harvard and Wharton takes spots two and three. The schools are well known for their published marketing research, as well as their analytical tools. Columbia Business School is this years biggest climber at the top of the table, rising from 16th in 2012 to eighth this year. Stanford and UCLA are the other US schools in the top ten. In Europe, marketing expertise is dispersed across many countries. Frances INSEAD, Spains IE Business School, and the UKs London Business School and Cambridge Judge Business School all make the top ten. SDA Bocconi and ESADE Business School continue to be held in high regard for their marketing electives among employers, both featuring in the top 20. Seven business schools in the Asia-Pacic region feature in the marketing ratings. Of them, IIM Ahmedabad in India received the highest rating, while Australias Melbourne Business School is the only other Asia-Pacic school in the top 20.
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The following schools have signicantly improved their reputation for marketing among global MBA employers: Columbia Business School, Columbia University Joseph L. Rotman School of Management, University of Toronto Sydney Business School, University of Wollongong S.C. Johnson Graduate School of Management, Cornell University York University, Schulich School of Business ESIC Business & Marketing School The fast paced technological evolution over the past few decades has changed the shape of marketing for ever, heightening its importance in the business world. In order to meet these demands, many business schools have emphasized the nurturing of marketing skills in their curricula. In particular, the increased dominance of the internet, online social media platforms, and the collation of databases containing detailed customer proles, has heightened the value and sophistication of marketing tools for achieving competitive advantage. The latest QS TopMBA.com Jobs and Salary Trends Report shows that the majority of employers across the world nd marketing skills among MBA graduates important, and over the past few years business schools are building on this competitive advantage through offering their students an increase in the amount and variety of marketing focused courses and electives as part of their MBA programs.
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Nitin Pangarkar, associate professor and academic director of the MBA program at NUS Business School, explains that marketing is a hugely important aspect of business management. Students pursuing the marketing specialization take courses addressing aspects such as consumer behavior, marketing research, channel management and pricing, plus product and brand management, Pangarkar states. Through these courses, students come to acquire an in-depth understanding of classic concepts as well as new ideas in marketing.Students also acquire insights into the practice of these ideas. Many of the top business schools in marketing are renowned not only for producing world-class MBA graduates in the eld, but also for their strong marketing faculty and research. Many widely available marketing journals publish work from the top business schools featured in the rating.
Business schools showing notable improvements in this years leadership rating include: Joseph L. Rotman School of Management, University of Toronto S.C. Johnson Graduate School of Management, Cornell University York University, Schulich School of Business ESIC Business & Marketing School The St.Gallen MBA, University of St.Gallen
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Operations Management
Operations Management
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28
2 1 5 3 6 4 7 8 12 11 10 16 14 9 18 15 13 17 24 19 20 21 25 23 74 22 31 39
Harvard Business School Sloan School of Management, Massachusetts Institute of Technology (MIT) INSEAD - France The Wharton School, University of Pennsylvania IE Business School Stanford University Graduate School of Business London Business School IMD IESE Business School, University of Navarra The University of Chicago Booth School of Business The Kellogg School of Management, Northwestern University Columbia Business School, Columbia University Indian Institute of Management, Ahmedabad Krannert School of Management, Purdue University ESADE Business School University of Michigan, Ross School of Business Tepper School of Business, Carnegie Mellon University Warwick Business School, University of Warwick Indian Institute of Management, Bangalore Cranfield School of Management Indian School of Business Stern School of Business, New York University (NYU) SDA Bocconi School of Management HEC MBA Program (Paris) WHU Otto Beisheim School of Management The Fuqua School of Business, Duke University UCLA Anderson School of Management Haas School of Business, UC Berkeley
United States United States France United States Spain United States
100.0 100.0 100.0 100.0 100.0 100.0
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
United Kingdom 100.0 Switzerland Spain United States United States United States India United States Spain United States United States 100.0 99.2 96.9 96.6 95.8 94.4 93.5 90.5 88.6 88.0
United Kingdom 87.8 India 84.6
United Kingdom 83.2 India United States Italy France Germany United States United States United States 83.0 73.0 70.5 67.8 67.6 67.4 66.8 66.2
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2013
2012
School
Country
Score
Band
29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 50
33 41 30 28 58 40 26 29 46 45 36 37 27 82 61 44 51 66 67 191 35 57 39
Melbourne Business School, The University of Melbourne The St.Gallen MBA, University of St.Gallen Vanderbilt University, Owen Graduate School of Management Manchester Business School, The University of Manchester Copenhagen Business School Judge Business School, University of Cambridge Thunderbird School of Global Management Oxford University, Said Business School Indian Institute of Management Calcutta Boston University School of Management S. P. Jain Institute of Management and Research Yale School of Management, Yale University NUS Business School, National University of Singapore Cass Business School The University of Hong Kong, Faculty of Business and Economics Richard Ivey School of Business, The University of Western Ontario Nanyang Business School, Nanyang Technological University Imperial College Business School, Imperial College London ESSEC Business School Florida International University, Graduate School of Business Tuck School of Business at Dartmouth Max M. Fisher College of Business, The Ohio State University Darla Moore School of Business, University of South Carolina
Australia Switzerland United States
61.3 56.1 55.5
3 3 3 3 3 3 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2
United Kingdom 54.1 Denmark 53.6
United Kingdom 52.6 United States 52.1
United Kingdom 49.6 India United States India United States Singapore 48.5 47.6 47.0 46.0 44.9
United Kingdom 44.2 Hong Kong Canada Singapore 44.1 42.6 40.5
United Kingdom 40.3 France United States United States United States United States 39.8 37.8 37.7 37.6 46.8
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Harvard overtakes MITs Sloan School of Management to take the top spot in this years ranking for operations management. INSEAD also rises, taking third place ahead of the Wharton School, while IE Business School moves up into the top ve ahead of Stanford. The top ten is evenly split between the US and Europe, with ve apiece. The US still dominates this area of MBA instruction, with 21 of the top 50 schools, though this number has dropped from as high as 27 two years ago as the range of leading schools targeted by employers continues to diversify. Europe now accounts for 17 of the top 50 schools, including ve of the top ten, while nine schools from Asia-Pacic are featured. IIT Ahmedabad continues to increase its global prole, moving up a single place to 13th as it edges closer to the elite schools in the top ten. IIT Bangalore and Indian School of Business are also rated highly by employers recruiting MBAs within this specialization area, with Melbourne Business School joining them in the top 30. In Europe, UK business schools once again lead the way in operations management, accounting for eight of the 17 European schools featured. INSEAD, France is the highest rated European business school, having made the top ve for the past three years.
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The following schools have signicantly improved their reputation for operations management among global MBA employers: WHU Otto Beisheim School of Management Haas School of Business, UC Berkeley The St Gallen MBA, University of St.Gallen Copenhagen Business School Cass Business School The University of Hong Kong, Faculty of Business and Economics Imperial College Business School, Imperial College London ESSEC Business School Florida International University, Graduate School of Business An MBA specialization in operations management looks at the underlying concepts of the production and operations function of an organization, and is generally divided into two areas the study of service operations, and manufacturing or production operations. This may encompass study in the following areas: designrelated activities that form the function of a particular operation; the planning and control activities necessary to run the operation; and/or improving the way a particular operation performs its function. Operations management is often an attractive specialization for MBA students interested in following management careers in engineering, manufacturing, and logistics. Professor Miguel Angel Heras, director of ESADEs department of operations management and innovation explains that careers in this eld can be broken down to simple key processes that are vital to many organizations.
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These processes are made up of interrelated, sequential activities through which the components and actors required (raw materials, labor, capital, information, the client, and such) are transformed into products. The key is the value added through the process as perceived by the customer, i.e. the end product has a greater value than the elements pre-process. Nitin Pangarkar, associate professor and academic director of the MBA program at NUS Business School adds that business management skills in operations management will be vital for some employers. Some rms might have strategies built around specic strengths. For instance, operations are one of Walmarts greatest strengths and, clearly, they would like to employ managers who have a good understanding of key issues in that area.
Business schools showing notable improvements in this years leadership rating include: WHU Otto Beisheim School of Management Copenhagen Business School Cass Business School The University of Hong Kong, Faculty of Business and Economics Nanyang Business School, Nanyang Technological University Imperial College Business School, Imperial College London ESSEC Business School Florida International University, Graduate School of Business Max M. Fisher College of Business, The Ohio State University
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Strategy
Strategy
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28
1 2 3 4 5 7 6 9 8 10 12 11 14 13 15 23 18 34 22 26 19 28 30 29 16 27 25 33
Harvard Business School INSEAD - France The Wharton School, University of Pennsylvania Stanford University Graduate School of Business London Business School IE Business School The Kellogg School of Management, Northwestern University Columbia Business School, Columbia University IMD The University of Chicago Booth School of Business Sloan School of Management, Massachusetts Institute of Technology (MIT) IESE Business School, University of Navarra Indian Institute of Management, Ahmedabad Stern School of Business, New York University (NYU) HEC MBA Program (Paris) Haas School of Business, UC Berkeley ESADE Business School The St.Gallen MBA, University of St.Gallen Indian School of Business Oxford University, Said Business School Yale School of Management, Yale University SDA Bocconi School of Management Indian Institute of Management, Bangalore Judge Business School, University of Cambridge Tuck School of Business at Dartmouth Boston University School of Management Tepper School of Business, Carnegie Mellon University UCLA Anderson School of Management
United States France United States United States United Kingdom Spain United States United States Switzerland United States United States Spain India United States France United States Spain Switzerland India United Kingdom United States Italy India United Kingdom United States United States United States United States
100.0 100.0 100.0 100.0 100.0 100.0 99.5 99.3 99.1 96.7 93.6 93.5 90.9 84.9 82.3 67.3 67.1 66.7 64.5 62.6 61.3 61.2 61.1 59.8 59.5 57.3 53.4 49.5
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 2
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2013
2012
School
Country
Score
Band
29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 43 45 46 47 48 48 50
67 17 20 45 21 32 31 49 38 41 50 54 35 44 73 46 55 51 48 65 68 40
Indian Institute of Management Calcutta University of Michigan, Ross School of Business The Fuqua School of Business, Duke University Desautels Faculty of Management at McGill University University of Virginia Darden School of Business Thunderbird School of Global Management Melbourne Business School, The University of Melbourne S.C. Johnson Graduate School of Management, Cornell University Richard Ivey School of Business, The University of Western Ontario The University of Hong Kong, Faculty of Business and Economics Warwick Business School, University of Warwick Joseph L. Rotman School of Management, University of Toronto S. P. Jain Institute of Management and Research Monash University Faculty of Business and Economics Sauder School of Business, University of British Columbia ESSEC Business School Copenhagen Business School Nanyang Business School, Nanyang Technological University Cass Business School Vlerick Leuven Gent Management School WHU Otto Beisheim School of Management Manchester Business School, The University of Manchester
India United States United States Canada United States United States Australia United States Canada Hong Kong United Kingdom Canada India Australia Canada France Denmark Singapore United Kingdom Belgium Germany United Kingdom
46.9 46.7 45.9 44.3 43.4 41.6 38.8 34.9 34.4 33.0 32.1 31.5 31.4 30.4 28.4 28.4 25.5 25.4 25.0 24.4 24.4 23.7
2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 1 1 1
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Last years top ve all retain their positions in the 2013/13 ranking for strategy, led by Harvard, INSEAD and Wharton. The top ten schools are all from the elite global category, reecting the status of strategy as a core curriculum area prioritized by the most prestigious business schools around the world. Overall, North America accounts for 23 of the top 50 schools, compared to 18 from Europe and nine from Asia-Pacic. Wharton, Stanford, Kellogg School of Management, Columbia Business School and Chicago Booth Business School all join Harvard in the top ten. All six leading US schools are thought-leaders in the eld, with a strong teaching presence combined with high-prole research. European business schools are considered by employers to perform very well in arming their MBA graduates with in-depth knowledge of business strategy. Nine European schools appear in the top 20, led by INSEAD, London Business School, IE and IMD. In the Asia-Pacic region, India is currently leading the way in the MBA strategy specialization. Of the nine business schools in the Asia-Pacic region featured in the rating, ve are located in India, including all of the regions top four. The following schools have signicantly improved their reputation for operations management among global MBA employers: The St.Gallen MBA, University of St.Gallen Indian Institute of Management Calcutta Desautels Faculty of Management at McGill University S.C. Johnson Graduate School of Management, Cornell University Warwick Business School, University of Warwick Joseph L. Rotman School of Management, University of Toronto Sauder School of Business, University of British Columbia WHU Otto Beisheim School of Management
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As the ratings that make up the QS Global 200 Business Schools Report are based on MBA recruiters opinions of MBA graduates abilities in strategy, MBA programs that include elements of strategy, as well as those that specialize in it are included in the ratings. Business schools that emphasize strategy as part of their standard programs, and MBA programs specically specializing in strategy can place successful alumni in careers focusing on new commercial avenues, as well as modernizing the management of existing business structures.
Business schools showing notable improvements in this years leadership rating include: Indian Institute of Management Calcutta Joseph L. Rotman School of Management, University of Toronto Sauder School of Business, University of British Columbia Copenhagen Business School Nanyang Business School, Nanyang Technological University Vlerick Leuven Gent Management School WHU Otto Beisheim School of Management
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World's media and organizations partners

QS wishes to thank the following media and organizations for contributing to the "QS Global Employer Survey" the largest survey of its kind. The ndings of the survey inform the QS Global 200 Business Schools Report 2013/14.
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QS Quacquarelli Symonds Ltd QS is the worlds leading information network for top careers and education. QS links high achievers from the graduate, MBA and executive communities around the world with leading business schools, postgraduate departments at universities and with employers, through websites, events, e-guides and technical solutions. QS organizes the largest business educati on event in the world, the QS World MBA Tour and an extensive product range including print and online publications and software solutions. It produces the annual TopMBA.com Applicant and Recruiter Research and several annual reports including the Global 200 Top Business Schools: The MBA Employers Choice and the annual QS World University Rankings.
Website: www.TopMBA.com
All information QS Quacquarelli Symonds Ltd 2013

QS Global 200 Business Schools Report: Unlocking The World's Top 200 Business Schools According To MBA Employers

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QS Global 200 Business Schools Report: Unlocking The World's Top 200 Business Schools According To MBA Employers

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2013/2014

QS Global 200 Business Schools Report

QS Global 200 Business Schools Report 2013/14

2013/14 QS Global 200 Business Schools Report

QS Global 200 Business Schools Report 2013/14

Business school categories

2013/14 QS Global 200 Business Schools Report

2013/14 QS Global 200 Business Schools Report

Regional MBA ratings

MBA specialization ratings

2013/14 QS Global 200 Business Schools Report

Global employability: business school rankings or ratings?

2013/14 QS Global 200 Business Schools Report

Rating the business schools

Number of schools Featured By Region

Top Cluster: Index of Employer Votes >=65

2nd Cluster: Index of Employer Votes >=23

3rd Cluster: Index of Employer Votes >= 14

4th Cluster: Index of Employer Votes >= 11

North America Europe Asia-Pacific Latin America Africa & Middle-East

Source: QS Global Business Report 2012-2013 (TopMBA.com)

2013/14 QS Global 200 Business Schools Report

Sample of responding employers by region in 2013

Asia-Pacific Africa & Middle East

Europe Latin America US & Canada

2013/14 QS Global 200 Business Schools Report

Industry distribution of employers

Source: MBA Jobs & Salary trends 2013

2013/14 QS Global 200 Business Schools Report

Geographical distribution of employers

QS Global 200 Business Schools Report 2013/14

2013 QS Global 200 Business School Ratings:

2013/14 QS Global 200 Business Schools Report

Elite Global business schools

Emerging Global business schools

Elite Regional business schools

Emerging Regional schools

QS Global 200 Business Schools Report 2013/14

Top business schools by region:

QS Global 200 Business Schools Report 2013/14

88,1 85,2 83,8 77,3 76,0 75,3 72,3 71,5 71,2

690 715 703 664 669 670 630 717 661

432 240 502 345 133 70 113 230 119

Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com)

QS Global 200 Business Schools Report 2013/14

Program Length (Months) 24 24 21 21 20 20 24 18 24 22 21 21 16 12 20 12 21 12

Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com)

QS Global 200 Business Schools Report 2013/14

Avg Years Work 6 5 5 5 5 5 5 5 5 5 5 5 5 3 5 4 5 5

175 103 160 2250 85 1794 106 74 30 53

Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com)

QS Global 200 Business Schools Report 2013/14

80762 72707 63088 63300

10857 10000 N/A 5000

87960 35255 35000 27000

Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com)

QS Global 200 Business Schools Report 2013/14

School of Business, George Washington University

Canada United States United States United States United States

16,5 16,2 15,0 14,5 14,4

622 570 675 626 644

Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com)

QS Global 200 Business Schools Report 2013/14