Financial Times Global 2010 MBA Rankings
The Financial Times published today its 2010 ranking of global MBA programs. Its ranking attempts to "assess the effect of the MBA on ... subsequent career progression and salary growth." Consequently it draws its data from the schools themselves and from surveys of graduates at least three years after earning their MBA degree. In building its rankings, FT analyzes "alumni salaries and career development; the diversity and international reach of the business school and its MBA programme; and the research capabilities of each school." For complete information on FT's methodology, please see "Getting to Grips with the Method."
The best business schools according to FT:
- London Business School
- University of Pennsylvania: Wharton
- Harvard Business School
- Stanford GSB
- INSEAD
- Columbia Business School
- IE (tied with Columbia)
- MIT Sloan
- Chicago Booth
- Hong Kong UST Business School
I have long argued that far more valuable than the overall rankings are the specialty rankings. Here are FT's specialty rankings:
Top for international business 1 Thunderbird School of Global Management 2 University of South Carolina: Moore 3 Georgetown University: McDonough 4 Insead 5 George Washington University 6 Hult International Business School 7 IMD 8 Manchester Business School 9 University of Southern California: Marshall 10 London Business School
Top for finance 1 University of Chicago: Booth 2 New York University: Stern 3 University of Pennsylvania: Wharton 4 Rice University: Jones 5 University of Rochester: Simon 6 London Business School 7 Columbia Business School 8 Macquarie Graduate School of Management 9 University of Iowa: Tippie 10 University of Toronto: Rotman
Top for accountancy 1 Brigham Young University: Marriott 2 University of Chicago: Booth 3 University of Texas at Austin: McCombs 4 New York University: Stern 5 Macquarie Graduate School of Management 6 University of Rochester: Simon 7 Cornell University: Johnson 8 University of Pennsylvania: Wharton 9 Rice University: Jones 10 Texas A & M University: Mays
Top for entrepreneurship 1 Babson College: Olin 2 Stanford University GSB 3 Imperial College Business School 4 UCLA: Anderson 5 University of California at Berkeley: Haas 6 MIT Sloan School of Management 7 University of Cambridge: Judge 8 IMD 9 Wisconsin School of Business 10 Insead
Top for economics 1 University of Chicago: Booth 2 Cranfield School of Management 3 MIT Sloan School of Management 4 Yale School of Management 5 University of Rochester: Simon 6 Imperial College Business School 7 Melbourne Business School 8 University of Pennsylvania: Wharton 9 IE Business School 10 New York University: Stern
Top for corporate social responsibility 1 University of Notre Dame: Mendoza 2 University of California at Berkeley: Haas 3 Yale School of Management 4 Ipade 5 University of Virginia: Darden 6 Brigham Young University: Marriott 7 Esade Business School 8 University of Michigan: Ross 9 University of North Carolina: Kenan-Flagler 10 Thunderbird School of Global Management
Top for general management 1 University of Virginia: Darden 2 Harvard Business School 3 Ipade 4 Dartmouth College: Tuck 5 IMD 6 University of Michigan: Ross 7 University of Western Ontario: Ivey 8 Northwestern University: Kellogg 9 Stanford University GSB 10 Duke University: Fuqua
Top for marketing 1 Northwestern University: Kellogg 2 Duke University: Fuqua 3 Indiana University: Kelley 4 Ipade 5 Esade Business School 6 Wisconsin School of Business 7 Imperial College Business School 8 University of Michigan: Ross 9 HEC Paris 10 Cornell University: Johnson
Rather than list all my important caveats for using rankings, I'll simply refer you to our MBA Rankings Report.
By Linda Abraham, President and Founder of Accepted.com.
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HBS Launches International Seminar Program
Following the lead of other top MBA programs, reports a recent article in The Financial Times, Harvard Business School will be expanding its international immersion programs this year by holding small, intensive seminars across the globe.
According to the FT, HBS has been “slow to initiate such projects, as data from the Financial Times 2009 rankings show.” Other top US b-schools rank higher in the international experiences offered to their first- and second-year MBA students. Stanford, the forerunner of such international immersion programs, ranks highest, followed by (in order) NYU Stern, MIT Sloan, Chicago Booth, Kellogg, Wharton, Columbia, and then lagging, Harvard Business School.
A recent press release on the HBS website elaborates on the b-school’s new “Global, Field-Based Immersions.” January term seminars give “students the opportunity to reflect in a different way on what they are learning in the classroom through in-depth study and by applying their learning in the field,” explains Professor Joseph Badaracco, HBS faculty chair.
According the January 13 press release, this year’s IXPs (Immersion Experience Programs) schedule will go as follows:
- China IXP: Understanding a Business Environment (Beijing, Hangzhou, and Shanghai)
-led by Elisabeth Koll
- India IXP: Creating and Transforming Competitive Advantage (Mumbai, Delhi, and Agra)
-led by Stephen Bradley and Bhaskar Chakravorti
- Peru IXP: Escaping the Natural Resource Curse (Lima, Caral, Puerto Maldonado, and Cusco)
-led by Diego Comin
- Rwanda IXP: Business and Social Enterprise in a Post-Conflict Country (Kigali and Akagera)
-led by Louis Wells
- United Arab Emirates & Bahrain IXP: Energy and Globalization: The Good, the Bad, and the Ugly (Abu Dhabi, Dubai, and Manama)
-led by Noel Maurer
- Vietnam IXP: Globalization and Entrepreneurship Today (Hanoi, Can Tho, and Ho Chi Minh City)
-led by Regina Abrami
- Boston IXP: High Potential Entrepreneurial Ventures in the Boston Metropolitan Area
-led by Shikhar Ghosh, Robert Higgins, and Joseph Lassiter
- New Orleans IXP: Service and Leadership in an Entrepreneurial Environment
-led by Shawn Cole, Alnoor Ebrahim, and Herman "Dutch" Leonard
- Silicon Valley IXP in Partnership with the HBS Rock Center for Entrepreneurship: Entrepreneurial Ventures in Silicon Valley (Palo Alto)
-led by Thomas Eisenmann and Michael Roberts
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