2011 Global MBA Rankings
As the world's businesses environment becomes ever more global in nature, many aspiring MBA students are recognizing the advantages of attending an MBA Program that focuses on the international nature of modern business. As such, more and more students are applying to schools outside their home countries to prestigious programs from around the world. Recognizing these trends many universities are setting themselves apart by catering to this internationally minded audience and tailoring their MBA curriculum to meet the challenge of educating their students to successfully navigate the global marketplace.
Traditionally MBA rankings consisted only of domestic U.S. MBA Programs with the widely regarded BusinessWeek and U.S. News MBA rankings as the primary source for students. Recently, however, two widely respected international financial publications, The Financial Times of London and The Economist started publishing their Global MBA Program Rankings which includes universities from around the world, the U.S. included. Below are the top five MBA programs as published in the most recent MBA Rankings in The Financial Times of London and The Economist.
The Economist Full-time Global MBA Rankings 2010-2011
1. University of Chicago - Booth School of Business (USA)
2. Dartmouth College - Tuck School of Business (USA)
3. University of California at Berkeley - Haas School of Business (USA)
4. Harvard Business School (USA)
5. IESE Business School - University of Navarra (Spain)
Financial Times Global MBA Rankings 2010-2011
1. London Business School (England)
2. University of Pennsylvania - Wharton (USA
3. Harvard Business School (USA)
4. Stanford Graduate School of Business (USA)
5. Insead (France/Singapore)
While both MBA rankings used slightly different methodology they shared some important criteria for determining their scores. First and foremost was the quality of the Professors and Staff of each school. As a whole larger universities are able to afford top Professors and this is reflected in the rankings. Another key component of the rankings had to do with the contacts and relationships the school had with the business world. Thus, schools withing close proximity to major business centers and cities tended to gain points for their access to business leaders. A
Additional criteria used include the makeup of the curriculum and the emphasis the school put on international business through its classes and the diverse nature of the student bodies in past years. Success of past alumni, the living and work environment of the school's facilities and costs were other factors put into play for the rankings.
To see the rest of the top ten MBA programs from both the Financial Times and The Economist and for analysis and discussion on why these schools were chosen please continue reading at http://TopTenMBA.com
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