14 October 2011

World's Best MBA Programs

Every year The Economist published the 'Which MBA?' rankings of the world's best MBA programmes. This year's list is out! 

Here's what The Economist has to say on the latest rankings:
Dartmouth College's Tuck School of Business takes first place in The Economist’s ninth annual ranking of full-time MBA programmes, up from second position last year. Virtually all of its students found work within three months of graduating. Its MBAs could expect a basic salary of $107,000, a 65% increase on their pre-degree earnings. Tuck students also graded the quality of their alumni the best in the world—an important consideration given the often-repeated claim that who you meet is just as important as what you learn. Chicago drops to second, having come top last year, while the world’s most famous school, Harvard, also drops a place to fifth. Europe’s top programme is IMD, a Swiss school, which ranks third. Though INSEAD has campuses in both France and Singapore, no purely Asian school makes our top 20. Hong Kong University, at 36th, is the highest-placed.
The Economist asks students about why they decided to take an MBA. Our ranking weights data according to what students say is important. The four categories covered are: opening new career opportunities (35%); personal development/educational experience (35%); increasing salary (20%); and the potential to network (10%). The figures we collate are a mixture of hard data and the subjective marks given by the school’s students, such as a rating of their school’s facilities. 

I suggest that you check out the full rankings page (see below). Click on the name of the school, which will lead you to a veritable treasure trove of information on business schools. For your information, the highest ranked Indian school is the Indian Institute of Management Ahmedabad(IIMA), coming in at 78.

Source: The Economist; For the full Which MBA? rankings, click here.

2 comments:

TIME TO BLOG ! ! ! ! said...

:p not even 1 IIM :P...

Anonymous said...

We are told that the rest of Asia envies the IIMs of India. How true is that ? How come the ratings don't show it ? Many requests for IIMs to open were reported from Dubai. From Singapore the request for IIM Bangalore to start there was reported also by Aparna Kalra on LiveMint
http://www.livemint.com/articles/2007/05/25013332/Uneasy-relationship-between-go.html

which points to an "uneasy relationship" with the govt.

Later if we see the report
http://www.rediff.com/money/2007/jun/22iim.htm which says Singapore Global Indian Education Foundation invited IIM-B, but it did not work out. Though Global Indian Education Foundation (previously called Indian Trust) has been approaching IIMK for brand building workshops and have rebranded themself as Global Schools Foundation but so far there is no IIM in any other Asian country. An alumnus from IIMC was in charge (Dr Maneesh Tripathi) in Global Indian Foundation but seems to have left and joined B K Modi group. Maybe that was it. In Dubai etc SP Jain is making some presence. IIM's Asia dream is remaining a pipe dream. If IIMs are serious to go international they should make a serious effort to get into the top fifty list.