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Youth Inc lists the world’s best business schools in order of GLOBAL their rank

elcome to the Youth Incorporated, Education Times and Rediff.com GlobalW Rankings B-SCHOOL 2014. Following up to our yearly TOP MBA business school rankings, we present to you this year’s rankings – based 100 2014 Name of 2013 2012 on responses received from the Country Score institutes themselves, current RANK Institution RANK Rank students enrolled in the institutes, 1 Harvard University USA 100 1 — 1 — alumni and feedback from recruiters. 2 University of Pennsylvania USA 99.8 3 3 RANKINGS 1,400 institutes were considered 3 Stanford University USA 99.7 2 2 and contacted for the purpose of 4 UK 99.2 4 — 5 the survey. All the answers were ranked and tabulated based on 5 INSEAD France 99 5 — 6 several criteria including recruiter 6 IE Business School Spain 98.9 6 — 7 perception, student diversity, 7 Columbia University USA 98.8 7 — 4 diversity of faculty, innovation of 8 MIT USA 98.4 8 — 8 — programmes and value for money, 9 University of Chicago USA 97.5 9 — 9 — among other things. The ranking covers the top 100 institutes in the 10 Northwestern University USA 97.4 10 — 11 world to pursue a full-time MBA 11 New York University USA 97.1 12 13 programme. We also provided a top 12 Dartmouth College USA 97 11 14 2 014 10 ranking based on geographical 13 Hong Kong UST China 96.8 13 — 15 distribution, a top 50 ranking 14 Yale University USA 96.6 15 20 each for finance, management and University of California at marketing specialisation courses 15 USA 96.2 14 12 Berkeley Top 100 MBA Top 50 Finance as well as top 50 rankings each for online MBA courses and executive 16 Cornell University USA 96 16 — 23 Top 50 Executive MBA Top 50 Marketing MBA courses. Lastly, an institute’s 17 Cambridge University UK 95.6 17 — 21 ranking for 2014 has been compared 18 IMD Switzerland 95.2 18 — 18 — to their respective rankings from 19 Duke University USA 94.5 19 — 19 — Top 50 O previous years to determine the nline MBA Top 50 Management 20 IIM Ahmedabad India 94 20 — 10 performance of the institute over the years. We hope our in depth survey 21 IIM Calcutta India 93.5 21 — 17 will guide MBA aspirants in making Same as compared to 2014 — Risen as compared to 2014 Fallen as compared to 2014 the right choice.

26 Youth Incorporated novemBER 2014 novemBER 2014 Youth Incorporated 27 Cover story

2014 Name of 2013 2012 2014 Name of 2013 2012 Country Score Country Score RANK Institution RANK Rank RANK Institution RANK Rank Where India stands? 22 ESADE Spain 92.8 22 — 32 University of North Carolina 61 USA 67 62 62 In 2013, IIM Ahmedabad and IIM 23 Indian School of Business India 91.3 23 — 16 (Kenan-Flagler) Calcutta dropped from their 2012 24 Oxford University UK 91.1 24 — 22 62 University of Rochester (Simon) USA 66 60 55 positions at number 10 and 11 to 20 and 21 respectively. Although, this 25 IESE Spain 90.5 25 — 28 63 City University London UK 65 59 59 64 Boston University USA 64 64 — 64 — year, we expected a resurrection of 26 University of Virginia USA 90.2 26 — 27 sorts, there has been no change in 27 National University of Singapore Singapore 90.1 27 — 25 65 Cranfield University UK 63 65 — 61 their ranks. That being said, SP Jain University of Minnesota 28 HEC Paris France 89.7 28 — 24 66 USA 62 68 66 — Institute of Management has been (Carlson) Australian Graduate School of seeing a rise in rank in each consecutive 29 Australia 89 29 — 29 — Management 67 University of British Columbia Canada 61.8 69 69 year. From its 2012 rank of 77, it went

collegedegrees360,flickr 30 CEIBS China 88 30 — 30 — 68 Incae Business School Costa Rica 61 67 68 — to 61 in 2013. And from 61, it has risen to 59 this year. Indian School 31 University of Hong Kong China 87 31 — 31 — 69 Queens University Canada 60.5 70 70 of Business went from its rank of 70 Coppead Brazil 60 71 71 32 Carnegie Mellon University USA 86.5 33 35 16 in 2012 to 23 in 2013. This year Nanyang Technological 71 Vlerick Business School 59.5 66 65 33 Singapore 86 35 33 — however, its rank remained unchanged. University 72 Boston College USA 59.1 74 67 While four of India’s top Institutes 34 University of Toronto Canada 85 39 41 73 Germany 59 76 75 – IIM Ahmedabad, IIM Calcutta, 35 McGill University Canada 84 42 42 74 Copenhagen Business School Denmark 58.8 79 79 Indian School of Business and SP Jain 36 Imperial College UK 83 34 34 Macquarie Graduate School of Institute of Management have been 75 Australia 58.3 77 76 Management making appearances year after year, 37 University of Cape Town South Africa 82 36 44 there has been no new Indian entrant Pontificia Universidad Catolica 38 University of Melbourne Australia 81.5 37 37 76 Chile 58 72 72 de Chile in the list so far. Rotterdam School of 39 Netherlands 81.3 43 43 Management 77 Business School Sao Paulo Brazil 57 75 74 40 SDA Bocconi Italy 81 41 40 — 78 IPADE Mexico 56 78 — 85 41 University of Manchester UK 80.9 32 26 79 University of Edinburgh UK 55 73 73 University of Michigan Ann Michigan State University 42 USA 80.5 40 38 80 USA 54 82 78 Arbor (Broad) Chinese University of Hong 81 American University in Cairo Egypt 53 81 — 81 — 43 China 80.1 38 36 Kong 82 Universidad de Chile Chile 52 80 82 — What’s different since 2013? 44 Georgetown University USA 80 44 — 39 83 Babson College USA 51 85 87 University of California at Los 84 University of Warwick UK 50 97 94 Harvard University, Stanford University 45 USA 79.1 45 — 47 and University of Pennsylvania had Angeles 85 University of South Carolina USA 49 83 83 consecutively secured the top three spots 46 York University Canada 79 50 51 86 University of Miami USA 48.5 84 84 in 2012 and 2013. 2014 however, has 47 Rice University USA 78 47 — 46 87 University of California Irvine USA 48 88 88 seen a change – Stanford University gave 48 China 77 46 45 way to the University of Pennsylvania at 88 MIP Politecnico di Milano Italy 47 90 NEW 49 Penn State University (Smeal) USA 76 49 — 49 — number two. Standing tall at number one 89 University of St.Gallen Switzerland 46 99 100 is Harvard University with a perfect score 50 Emory University USA 75 48 48 90 University of Notre Dame USA 45 86 86 of 100; University of Pennsylvania came in 51 Indiana University (Kelley) USA 74 51 — 50 91 Georgia Institute of Technology USA 44.5 91 — 91 — second with an almost perfect score of 99.8 52 University of Western Ontario Canada 73 52 — 52 — 92 UK 44.2 92 — 92 — followed by Stanford University with 99.7. 53 Washington University (Olin) USA 72 58 54 A significant change was seen in the 93 University of Alberta Canada 44 93 — 80 University of Washington 54 USA 71 54 — 56 94 Queensland Institute of Tech Australia 43.5 94 — 96 rankings of universities launched recently (Foster) and also universities who have been in 95 Bond University Australia 43.1 95 — 95 — 55 Texas A&M University (Mays) USA 70 55 — 58 lower ranking spots. Brigham Young 96 University of Pittsburg USA 42.8 96 — 99 56 University of Texas at Austin USA 69.8 56 — 60 University went from its 89th rank in 2013 97 Southern Methodist University USA 42 100 97 — to 100 this year. University of St Gallen 57 Purdue University USA 69.5 57 — 57 — 98 Wake Forest University USA 41 98 — 98 — jumped from 99 last year to 89 this year. 58 University of Southern California USA 69 53 53 Thunderbird School of Global The top 20 spots however, continue to be SP Jain Institute of 99 USA 40.5 87 90 59 India 68 61 77 Management governed by universities in the USA, UK, Management 100 Brigham Young University USA 40 89 89 China, France, Spain and India. 60 Ohio State University (Fisher) USA 67.6 63 63

28 Youth Incorporated novemBER 2014 novemBER 2014 Youth Incorporated 29 Cover story TOP MBA WORLDWIDE TOP ASIAN B-SCHOOLS TOP US B-SCHOOLS Rank Name of Institution Country

Rank Name of Institution Country L 1 Hong Kong UST China akeside L ens L 1 Harvard University USA 2 IIM Ahmedabad India 2 University of Pennsylvania USA 3 IIM Calcutta India 3 Stanford University USA 4 Indian School of Business India overs, Wiki m edia co mm ons 4 Columbia University USA 5 National University Singapore Singapore 5 MIT USA 6 CEIBS China 6 University of Chicago USA 7 University of Hong Kong China 7 Northwestern University USA 8 Nanyang Technological University Singapore

8 New York University USA co mm ons. Wiki m edia Phelan, J ohn 9 Chinese University of Hong Kong China 9 Dartmouth College USA 10 Peking University China 10 Yale University USA IIM Calcutta Harvard University TOP EUROPEAN B-SCHOOLS Rank Name of Institution Country 1 INSEAD France TOP CANADIAN B-SCHOOLS 2 IE Business School Spain Rank Name of Institution Country 3 IMD Switzerland 1 University of Toronto Canada 4 ESADE Spain 2 McGill University Canada 5 IESE Spain 3 York University Canada 6 HEC Paris France 4 University of Western Ontario Canada Rotterdam School of

edia co mm ons Wiki m edia Bakunin, Mikhail 7 Netherlands Management 5 University of British Columbia Canada 8 SDA Bocconi Italy 6 Queens University Canada IE Business School 9 Vlerick Business School Belgium 7 University of Alberta Canada 10 Mannheim Business School Germany McGill University TOP UK B-SCHOOLS Rank Name of Institution Country 1 London Business School UK Wiki C ats, Wiki m edia 2 Cambridge University UK TOP AUSTRALIAN B-SCHOOLS 3 Oxford University UK Rank Name of Institution Country 4 Imperial College UK Australian Graduate School 1 Australia 5 University of Manchester UK of Management C o mm ons 6 City University London UK 2 University of Melbourne Australia 7 Cranfield University UK Macquarie Graduate School

edia co mm ons.j Wiki m edia Peel, Mike 3 Australia of Management 8 University of Edinburgh UK 4 Queensland Institute of Tech Australia 9 University of Warwick UK 5 Bond University Australia 10 Lancaster University UK

30 Youth Incorporated novemBER 2014 University of Manchester Bond University novemBER 2014 Youth Incorporated 31 Cover storytop 50 exe cutive mba employees with high potential and 2014 Name of 2013 2014 Name of 2013 Country Score leadership skills are sponsored to do Country Score RANK Institution RANK Executive MBAs are an EMBA programme. RANK Institution RANK Columbia - London EMBA-Global becoming increasingly •Programme content modules 29 University of Florida Executive MBA 77 30 1 100 1 — popular as a greater taught in an EMBA course are Business School Americas & Europe Omnium Global similar to those taught in an 30 Toronto - St.Gallen 76 32 2 IE Business School Global Executive MBA 99 2 — number of people choose Executive MBA to work and study MBA programme. These include Wharton MBA for University of Illinois at 3 The Wharton School 98 4 business economics, business laws, 31 Executive MBA 75 28 Executives simultaneously. Here’s a Urbana-Champaign reference guide on the marketing,finance and accounting, UCLA (Anderson) - operations management, Case Western Reserve 32 Executive MBA 74 31 4 National University of UCLA-NUS EMBA 97.6 7 EMBA strategic management, human University resources. Singapore 33 University of Rochester Executive MBA 73 35 5 HEC-NYU-LSE Trium Global EMBA 97.3 3 What is an Executive MBA? Candidate eligibility 34 Ohio State University Executive MBA 72 33 Tsinghua University - Tsinghua-INSEAD An executive MBA or EMBA, is a Candidates accepted into an EMBA International 6 97 5 35 Grenoble 71 36 INSEAD EMBA programme developed to meet the programme are usually in the mid- Executive MBA 7 CEIBS Global EMBA 96 6 educational needs of managers and stage of their career or at a higher-level. University of Western 36 Ivey EMBA 70 37 8 Oxford University Executive MBA 95 9 executives, allowing students to As with an MBA, the EMBA also Ontario earn an MBA while working full- accepts graduates in any field. It is not 9 INSEAD INSEAD Global EMBA 94 10 time. Students remain employed just businessmen and executives who 37 EM LYON Executive MBA 69 34 10 IESE Global Executive MBA 93 8 while completing the degree, as the study for an EMBA, even doctors and OneMBA - CUHK RSM 11 Cornell University Executive MBA 92.4 12 programme aims to complement their lawyers are known to have completed 38 UNC FGV São Paulo OneMBA 68 39 real-world experiences. EMBAs. EGADE 12 Georgetown University Executive MBA 92 13 39 University of Toronto One year EMBA 67 38 13 Columbia University Executive MBA 91 11 An EMBA vs MBA The pros 40 University of Miami UM EMBA 66 42 University of Texas at MBA and EMBA are both business •Acceptance rates for EMBA 14 Executive MBA 90 15 degrees. But, the primary difference is programmes are higher than those of University of Austin 41 Executive MBA 65.5 45 in the kind of students they teach, the Nottingham 15 ESADE Executive MBA 89.8 16 traditional MBA programmes teaching methods and their duration. •EMBAs accommodate the busy 42 IMD IMD EMBA 65 40 16 ESSEC-Mannheim Executive MBA 89 14 •While most MBA and EMBA schedules of working executives, 43 Cranfield University Executive MBA 64.7 41 17 Purdue University Executive MBA 88 18 courses require graduates, work enabling them to manage work and 44 Tulane University Executive MBA 64 43 National University experience is highly recommended their education at the same time 18 Asia-Pacific EMBA 87 20 Singapore for an MBA, but is compulsory for •EMBA aspirants need not take a 45 University of Pittsburg Executive MBA 63.4 46 an EMBA. Some EMBA courses ask GMAT test. 46 University of Lancaster Global Executive MBA 63 48 19 Imperial College Executive MBA 86 21 for a minimum of five years work 20 City University London Executive MBA 85 17 experience and others are meant only The cons 47 Temple University Executive MBA 62 44 Duke MBA - Global for those in specific managerial posts. •Loss of free time as work, commute 48 University of Leeds Executive MBA 61 49 21 Duke University 84 19 Executive •If one was to pursue an MBA and study clog up schedules 49 University of Wisconsin Executive MBA 60.5 47 degree, then it would generally be •Fewer EMBA programmes than 22 Emory University Weekend EMBA 83 24 50 Durham University Executive MBA 60 50 — taught full-time. The EMBA, on MBA programmes, so less choice for Rice MBA for 23 Rice University 82 23 — the other hand, holds classes on aspiring students degree is more intensive owing to lack stages of their career; thus, it is not Executives weekends and weeknights in order •EMBAs are viewed by some of extensive experience. On the other common for an EMBA graduate and an Kellogg - York University Kellogg-Schulich to accommodate the schedules of recruiters as inferior to MBAs due to hand, an EMBA student is someone MBA graduate to be pitted against one 24 81 22 (Schulich) EMBA executives. Some EMBAs may also be their part-time nature who has been working in his field for another for the same position. 25 University of St Gallen EMBA HSG 80 26 conducted online. at least ten years and while he might be So, if you’ve just started working and •Typically, an MBA degree can be Conclusion out of touch with classroom learning, he are keen on gaining a competitive Texas A & M University 26 Texas A&M EMBA 79 27 completed in two years (one year in An MBA degree and an EMBA degree makes up for it with ample experience. edge, then an MBA is for you. But, if (Mays) EU). An EMBA might take less than have been designed keeping two very However, both courses are rigorous and you’re already at an advanced stage in University of Maryland two years to finish. This, however, different types of students in mind. challenging in their own ways. your career and are aspiring to take on 27 Smith EMBA 78.8 25 (Smith) varies from institute to institute. An MBA student is usually someone An MBA graduate and an EMBA a senior position, while holding onto 28 Bath University Executive MBA 78 29 •Often, employers fund an EMBA who has graduated from college in the graduate usually cater to different job that day job, then an EMBA would be a for their employees. Generally, last three to five years. For him, the markets as they are both at different more feasible option.

32 Youth Incorporated novemBER 2014 novemBER 2014 Youth Incorporated 33 Cover story Top 50 online MBA

2014 Name of 2013 2012 2014 Name of 2013 2012 Course Score Course Score RANK Institution(s) ranking ranking RANK Institution(s) ranking ranking 1 IE Business School Spain 100 1 — 1 — University of 26 UK 76.6 31 32 2 Imperial College UK 99.5 3 4 Liverpool Arizona State 27 University of Aston UK 75 27 — 29 3 USA 99 5 3 — University 28 University of Derby UK 74 26 25 Indiana University 29 Hofstra University USA 73 28 26 4 USA 98 7 8 Bloomington 30 Auburn University USA 72 29 28 5 University of Florida USA 97.4 2 2 31 Deakin University Australia 71.8 33 35 6 Babson College USA 96 4 5 University of 32 UK 70 34 33 7 Drexel University USA 95 6 6 Leicester Northeastern SBS Business 8 USA 94.5 9 10 33 Switzerland 69 36 36 University School Penn State University of Texas 9 USA 93 11 13 34 USA 68 32 31 University Dallas George Washington 35 Walden University USA 67.5 35 — 34 10 USA 92.5 8 7 University Florida Thunderbird 36 International USA 66 30 27 11 School of Global USA 91 10 9 University Management What is an online MBA? 37 Curtin University Australia 65 42 40 Types of online MBA North Carolina As opposed to a full-time MBA, an 12 USA 90 13 14 Robert Gordon Online MBA State University 38 UK 64 39 39 Online programmes: online MBA is one that a student University programmes do not require the can pursue while keeping his full- 13 Syracuse University USA 89.2 15 11 University of student to visit a university or an 39 USA 63 38 38 time job. A popular choice amongst a University of Maryland UC institution. All education activities 14 UK 88 16 17 number of students, this MBA allows Warwick James Madison and course material are made available 40 USA 62.5 37 37 for both education and employment University of University online. simultaneously. 15 UK 87 17 19 Edinburgh Ball State Combination programmes: 41 USA 61 43 41 — Combination programmes are a University of North University Why do people opt for it? 16 USA 86 12 15 mix of both distance learning and Carolina Chapel Hill University of People opt for online MBAs mainly 42 USA 60 40 43 online teaching methods. Classes are University of Memphis for the flexibility that they offer. A 17 UK 85.3 18 16 conducted online as well as in physical student interested in pursuing a higher Strathclyde 43 Rowan University USA 59.5 45 45 classrooms. qualification need not quit his job as 18 Temple University USA 84 14 12 Portland State 44 USA 58 44 — 44 — an online MBA allows one to study Florida State University The pros and work. 19 USA 83.6 25 24 • Convenient University University of • Flexible 20 Pace University USA 82 23 23 45 Massachusetts - USA 57 41 42 Full-time VS Online • Admission policy is not rigid Amherst A number of students cringe at the 21 Suffolk University USA 81 22 20 • All a student needs is an internet thought of an online MBA. The University of Oxford Brookes connection and the yearning to learn 22 USA 80.6 20 22 — 46 UK 56.5 48 48 reason, it doesn’t hold much weightage Michigan Dearbon University in comparison to a full-time MBA. University of 47 Educatis Switzerland 55 46 47 — The cons While this is true, an online MBA 23 London: Royal UK 79 19 18 48 EUDE Spain 54 49 49 • Not as significant as a full-time must be chosen keeping in mind the MBA Holloway Kennesaw State expected outcome. It works well for 49 USA 53 47 46 • Lack of interaction with industry 24 Virginia Tech USA 78 21 21 University those looking to get promoted or professionals University of Athabasca to add-on to their already acquired 25 USA 77 24 30 50 Canada 52 50 — 50 — • Lack of classroom learning, knowledge. Nebraska Lincoln University discussions, debates etc

34 Youth Incorporated novemBER 2014 novemBER 2014 Youth Incorporated 35 TCovero storyp 50 Finance Top 50 MARKETING

Name of 2013 2012 Name of 2013 2012 Name of 2013 2012 Name of 2013 2012 Rank Country Score Rank Country Score Rank Country Score Rank Country Score Institution RANK Rank Institution RANK Rank Institution RANK Rank Institution RANK Rank 1 IE Business School Spain 100 1 — 3 Nova School of Business & 1 Northwestern University USA 100 2 2 25 SKEMA Business School France 81 26 24 27 Portugal 85 29 32 Economics London School of 2 New York University USA 99.8 3 — 1 26 Netherlands 80 24 25 2 UK 99 4 5 Economics Rotterdam School of 28 Netherlands 84 32 29 Management 3 Columbia University USA 99.7 1 3 — 27 Lancaster University UK 79.8 28 27 — 3 Princeton University USA 98 3 — 2 29 University of Illinois UC USA 83 25 25 4 Johns Hopkins University USA 99 6 4 — 28 University of Strathclyde UK 79 30 30 4 London Business School UK 97 2 1 30 EADA Spain 82 31 31 5 HEC Paris France 98.8 8 11 29 Clemson University USA 78 27 26 5 ESSEC Business School France 96.5 6 6 University of Maryland 6 University of Manchester UK 98.6 10 8 30 Aalto University Finland 77 29 29 6 ESCP Europe Europe 96.3 10 9 31 USA 81 26 28 College Park 7 University of Bath UK 98 4 5 31 King's College London UK 76 33 34 7 HEC Paris France 96.1 8 7 — 32 University of Reading UK 80 33 37 8 University of Melbourne Australia 97 5 6 32 University of Nottingham UK 75 32 — 32 — 8 MIT USA 96 5 5 Washington University St 33 USA 79 28 24 9 ESCP Europe Europe 96 7 7 33 University of Newcastle Australia 74 31 31 9 University of Texas at Austin USA 95.8 9 — 10 Louis 10 EADA Spain 95 9 12 34 University College Dublin Ireland 73 42 39 10 Oxford University UK 95.5 7 8 34 University of Manchester UK 78 36 36 11 Texas A&M University USA 94 14 17 35 University of Glasgow UK 72 38 42 11 Boston College USA 95.3 18 16 35 Northeastern University USA 77 39 45 12 ESADE Business School Spain 93 13 22 36 University of Edinburgh UK 71 44 40 12 Peking University China 95 12 — 12 — 36 University of Florida USA 76 41 41 13 Imperial College UK 92 17 18 37 Stockholm University Sweden 70 34 35 13 Grenoble School of Business France 94 11 13 — 37 University of Lancaster UK 75 43 43 14 ESSEC Business School France 91 15 15 38 Fordham University USA 69 35 37 14 Texas A&M University USA 93.4 14 — 11 38 University of Arizona USA 74 44 40 Copenhagen Business 39 Bentley University USA 68 36 38 15 Denmark 90 11 10 15 Imperial College UK 93 13 14 39 Ohio State University USA 73 34 34 School 40 Brunel University UK 67 37 41 16 City University UK 92 22 22 40 University of Bath UK 72 35 35 Erasmus University 16 Netherlands 89 12 9 Rotterdam 41 University of Stirling UK 66 39 43 17 Vanderbilt University USA 91 21 20 41 University of Utah USA 71 42 42 17 Cranfield University UK 88 20 16 42 ISCTE Business School Portugal 65 40 33 18 University of St.Gallen Switzerland 90.5 17 17 42 Università Bocconi Italy 70.6 38 38 18 City University London UK 87 16 21 43 Florida State University USA 64 50 48 19 Purdue University USA 90.1 19 — 19 — 43 Vlerick Business School Belgium 70.4 40 39 BI Norwegian Business 44 University of Kent UK 63 43 44 — 20 EDHEC Business School France 89.5 15 15 44 University of Nottingham UK 70 46 46 19 Norway 86.5 18 19 — School 45 University of Cincinnati USA 62 41 36 21 University of Warwick UK 89.1 16 18 45 Michigan State University USA 69.5 37 33 20 Griffith University Australia 86 19 13 46 University of Leeds UK 61 47 47 22 EMLYON Business School France 88.5 20 21 46 University of Strathclyde UK 68.1 47 47 21 Australia 85 25 28 47 University of Aston UK 60 45 45 23 Cranfield University UK 88.2 23 — 23 — 47 Villanova University USA 67 48 48 22 EBS Business School Germany 84 23 23 48 University of Sydney Australia 59 46 46 48 Tulane University USA 66.5 45 49 Stockholm School of Vlerick Management 24 Sweden 88 24 — 26 23 Belgium 83 21 20 49 Coventry University UK 58 49 — 50 Economics 49 University College Dublin Ireland 66 50 44 School 25 University of Rochester USA 87 27 27 City University of Hong University of Colorado 24 China 82 22 14 50 University of Reading UK 57 48 49 George Washington 50 USA 65.4 49 50 — Kong 26 USA 86 30 30 Denver University

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Bjoertvedt, Wikimedia commons 36 Youth Incorporated novemBER 2014 novemBER 2014 Youth Incorporated 37 Cincin12, Wikimedia commons Cover story Factor rankings Top 50 Management An Inside View

Name of 2013 2012 Name of 2013 2012 Rank Country Score Rank Country Score to find what makes a world-class institution special, we Institution RANK Rank Institution RANK Rank London School of Thunderbird School of asked current students and alumni about the quality of life 1 UK 100 3 3 26 USA 80 15 18 Economics Global Management in and around the campus of their b-school. Here are the 2 IE Business School Spain 99.8 2 — 2 — 27 Télécom Business School France 79 27 — 30 3 MIT USA 99.5 1 1 28 University of Warwick UK 78 24 26 results 4 ESCP Europe Europe 99.1 6 4 — 29 Grenoble Graduate SOB World 77 18 14 Rotterdam School of 30 University College London UK 76 25 25 5 Netherlands 98 5 — 5 — Management 31 Vlerick Business School Belgium 75 22 19 My classmates enhance my learning experience 6 HEC Paris France 97 4 5 Czech Diversity of Students 32 University of Economics 74.5 39 35 by contributing to class discussions 7 EMLYON Business School France 96 9 7 — Republic Rank Name of Institution Country 8 ESADE Business School Spain 95 11 12 33 UK 73 42 39 1 IE Business School Spain 9 Imperial College UK 94.3 7 9 — Warsaw School of 34 Poland 72 37 38 2 Stanford University USA Management 10 University of St.Gallen Switzerland 93 13 15 35 University of Reading UK 71 40 40 3 Columbia University USA Disagree Agree 11 Università Bocconi Italy 92 14 17 36 University of Nottingham UK 70 47 48 4 University of Virginia USA 10% 20% HHL Leipzig Graduate 12 Germany 91 12 — 11 School 37 University of Edinburgh UK 69.4 34 37 — 5 MIT USA 13 ESSEC Business School France 90 8 10 38 Politecnico di Milano Italy 69 32 34 6 Harvard University USA Strongly Mannheim Business 39 Aarhus University Denmark 68 45 47 7 New York University USA Disagree 14 Germany 89.8 10 8 School BI Norwegian School of 8 Cambridge University UK 20% 40 Norway 67 38 42 Strongly 15 City University London UK 89.3 19 16 Management 9 Duke University USA Agree Copenhagen Business 41 Lancaster University UK 66 35 32 16 Denmark 89 20 23 50% School 10 Northwestern University USA 42 University of Cologne Germany 65 33 36 17 Bordeaux University France 88.7 16 21 43 University of Leeds UK 64 41 41 18 Duke University USA 88 21 20 Shanghai Jiao Tong 44 China 63 44 — 46 19 Edhec Business School France 87 17 13 University 20 HEC Montreal Canada 86 29 27 45 University of Strathclyde UK 62 36 33 21 Maastricht University Netherlands 85 23 22 Nyenrode Business 46 Netherlands 61 43 44 Universiteit Norwegian School of 22 Norway 84 31 31 Economics 47 Catholic University of Portugal Portugal 60 50 43 Agree 23 University of Bath UK 83 28 29 48 Robert Gordon University UK 59.5 49 49 20% 24 IAG-Louvain Belgium 82 26 24 — Antwerp Management Diversity of Faculty 49 Belgium 59 46 45 School Rank Name of Institution Country 25 Brunel University UK 81 30 28 Strongly 50 Bradford University UK 58 48 50 — Agree 1 Harvard University USA 40% My teaching faculty 2 MIT USA Henry Salomé, Wikimedia commons are diverse and 3 Northwestern University USA Disagree come from different 25% countries 4 London Business School UK 5 Dartmouth College USA 6 ESADE Spain 7 Columbia University USA 8 Cornell University USA Strongly Disagree 9 Oxford University UK 15% 10 Stanford University USA

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38 Youth Incorporated novemBER 2014 novemBER 2014 Youth Incorporated 39 Maxi86ch, Wikimedia commons Strongly Cover story DisAgree Agree 10% Innovation of Programmes 5% Campus Support Strongly Rank Name of Institution Country Strongly agree Rank Name of Institution Country 1 IE Business School Spain DisAgree 30% 1 Stanford University USA 35% 2 ESADE Spain 2 National University Singapore Singapore sagree 3 Columbia University Spain Di The programmes 3 Harvard University USA 10% taught in my institute My institution 4 Harvard University USA are innovative and provides very good 4 Cornell University USA 5 University of Pennsylvania USA include company campus support 5 University of Hong Kong China vists including housing. 6 IESE Spain 6 Stanford University USA 7 HEC Paris France 7 University of Chicago USA 8 Stanford University USA 8 McGill University Canada 9 MIT USA 9 University of Toronto Canada Strongly Disagree Agree 10 University of Michigan Ann Arbor USA agree 20% 10 INSEAD France 75% 15%

5% Agree 5% Innovation of Teaching Career Services Agree 10% Methodologies sagree Agree Rank Name of Institution Country 20% Di Stronglys Disagree Di Rank Name of Institution Country 1 Harvard University USA 30% 1 Harvard University USA 2 IIM Ahmedabad India 2 Columbia University USA 3 Stanford University USA 3 IE Business School Spain Strongly 4 Northwestern University USA agree Strongly 4 New York University USA 35% agree 5 Columbia University USA Strongly 5 IESE Spain DisAgree 80% 6 Cornell University USA 6 Carnegie Mellon University USA 15% 7 National University Singapore Singapore 7 MIT USA 8 University of Chicago USA 8 University of Chicago USA 9 INSEAD France 9 Stanford University USA 10 IE Business School Spain Most teaching faculty often use innovative 10 INSEAD France My institution has a career service cell ways to teach subjects. and is well known with recruiters

Strongly StronglysAgree Value for Money Di agree Extracurricular Activities 15% Rank Name of Institution Country 25% Rank Name of Institution Country StronglysAgree 1 IIM Ahmedabad India Di 1 University of Virginia USA 2 IIM Calcutta India 35% 2 University of Michigan Ann Arbor USA 3 Indian School of Business India Strongly My institution 3 Harvard University USA I feel that my agree 4 National University Singapore Singapore Agree encourages me 4 University of Chicago USA 20% institution provides 45% to participate in 5 University of Toronto Canada value for the money extracurricular 5 MIT USA 6 University of Hong Kong China I paid. activities. 6 Stanford University USA 7 McGill University Canada 7 Northwestern University USA Agree 8 SP Jain Institute of Management India 15% 8 Duke University USA 9 Hong Kong UST China University of California at 9 USA 10 University of California at USA Berkeley Berkeley Disagree 10 National University Singapore Singapore Disagree 25% 20% 40 Youth Incorporated novemBER 2014 novemBER 2014 Youth Incorporated 41 Strongly Cover story DisAgree 5%Di 10% Exchange Programmes sagree Rank Name of Institution Country Ranking Methodology 1 London Business School UK Strongly 2 IE Business School Spain My institution has many agree 3 INSEAD France exchange programmes 40% How we chose the with other institutions 4 IIM Ahmedabad India and I have taken or will 5 HEC Paris France take part in such exchange institutes? 6 Harvard University USA programmes. 7 Columbia University USA We chose 1,400 institutes to find the best institutes. 8 Cornell University USA across the world after having All the institutes were sent 9 New York University USA Agree discussions with students, identical surveys. We then 45% 10 Duke University USA recruiters and faculty. We contacted current students, also consulted professional alumni as well as local and organisations such as international recruiters AMBA, EQUIS and AACSB. and gathered specific Youth Inc’s Research Unit information about the Strongly 5%Di DisAgree (YRU) also studied domestic institutes. sagree Student Satisfaction 15% rankings in various countries Rank Name of Institution Country 40% 1 Harvard University USA 2 Stanford University USA Agree 3 University of Pennsylvania USA 40% Strongly agree 4 Columbia University USA 40% 5 London Business School UK 6 Cornell University USA 7 IE Business School Spain 8 INSEAD France 9 IESE Spain 10 Dartmouth College USA The teaching faculty at my institution are very receptive to discussions, questions and new ideas. 20% 20% 20%

Recruiter Satisfaction Alumni Satisfaction Rank Name of Institution Country Rank Name of Institution Country 1 Harvard University USA 1 Stanford University USA 2 Stanford University USA 2 Harvard University USA 3 Columbia University USA 3 University of Pennsylvania USA 4 London Business School UK 4 Columbia University USA 5 IIM Ahmedabad India 5 Northwestern University USA

6 INSEAD France 6 Cornell University USA of information} {source 7 New York University USA 7 INSEAD France 8 University of Pennsylvania USA 8 IESE Spain 9 IE Business School Spain 9 MIT USA

10 MIT USA 10 National University Singapore Singapore alumni institute current students recruiter

42 Youth Incorporated novemBER 2014 novemBER 2014 Youth Incorporated 43 Cover story

Factors considered surveying students across different Actual Information 1. Recruiter Perception – Identical campuses worldwide. Methodology Information reported Information surveys were sent to recruiters 6. Value for Money – We considered We sent invitations to 1,400 reported by by current reported by worldwide. The recruiters were asked students and alumni opinions on institutes. Institutes were provided the institute alumni to rate the institutes that they were whether a particular institute was a password using which they could students most likely to recruit from. The perceived as ‘value for money’. We also send us their completed survey recruiters were also asked to rate the asked institutes to state the percentage online. They were asked to answer Diversity of Students 2% 2% 2% students they have recruited from of students who received some sort of questions relating to full time specific business schools on several funding from the institutes in terms of faculty, career service, student and criteria including leadership potential scholarships etc. programme information and all the Diversity of Faculty 2% 2% 2% and strategic thinking. 7. Campus Support – We asked factors listed above. 2. Diversity of Students – The the institutes, current students and We also contacted current students Innovation of institutes were asked to report the alumni to select the different types and alumni of the institutes 2% 2% 2% total number of students on campus of assistance provided by the student and asked them to rate specific Programmes and what percentage of the students office or a similar body on campus. statements which were pertaining were international and speak two or Our list was selected after surveying to the factors we considered in this Innovation more languages. Gender diversity of students across different campuses ranking. All the institutes preferred in Teaching 2% 2% 2% the students was also considered. worldwide. to send the survey links to their 3. Diversity of Faculty – The 8. Career Service – We asked the students and alumni directly. Methodologies institutes were asked to report the institutes, current students and alumni Over 14,000 recruiters were sent total number of faculty on campus about the availability and functioning emails with a survey. The recruiter Value for Money 2% 2% 2% and what percentage of the faculty of a career service cell and how active list was prepared from the responses was international, hold a doctorate such a service was for the students. We of the institutes and also included degree and accredited with their own also considered what percentage of internationally well known Campus Support 2% 2% 2% publishing material. Gender diversity students were actually placed through recruiters. The recruiters were asked of faculty was also considered. the institute’s career service cell, how to enlist institutes that they were Career Service 4% 4% 4% 4. Innovation of Programmes – long it look for such placements and likely to recruit from. We considered the different ways to what the average starting salaries were. Below is a summary of the factors Exchange construct degree programmes as well 9. Exchange Programmes – and the weight-age given to each 2% 2% 2% as the choice students have in terms of Institutes were asked to report the factor when we ranked the institutes Programmes selecting electives. percentage of students that opted Each factor was made up of a set 5. Innovation in Teaching for exchange programmes. We also of questions. The total percentage Methodologies – Institutes were considered the exchange students attributed to that factor was based Student Satisfaction 2% 2% 2% asked to select different teaching present on the institute’s campus. on the average score of the responses methodologies that we considered 10. Student Satisfaction – Current multiplied by the assigned weight- innovative. Some of these included students and alumni were asked to age. We then totalled the score from 20% 20% 20% company visits, dual or multiple rate their institutes on various factors all factors and sorted the scores majors and course collaborations including career services, attitude from highest to lowest. The institute between different departments at the of staff and professors, location, and with the highest score was ranked Not just numbers! respond. We used publicly available Masters in Management – Certain institute. Our list was selected after course content. first. After we received the total information on the institutes to Masters of management programmes computed scores for the institutes, include them in our ranking. We also with specialisations are also included we subjectively analyzed the data contacted current students, alumni in the ranking. provided by the institutes, current and recruiters of these institutes and Masters in Marketing – Information reported by recruiters students, alumni and recruiters. If we compared the data we received with Combination courses of marketing found discrepancies in the satisfaction the data from institutes that did with communication and other fields scores and the subjective descriptions, participate. are also included in the rankings. Recall of institute where to recruit from 10% we omitted the data. Online MBA – Certain factors such Special notes as campus support and exchange Institutes that Masters in Finance – The programmes were omitted in the Likelihood of recruiting from same institute again 10% did not fill programmes include the pre- factors considered for the ranking. out the survey experience as well as the post- Executive MBA - Certain factors reports in time experience Masters programmes. such as campus support and exchange Overall satisfaction with students recruited 10% Out of 1,400 institutes that were The ranking also includes the programmes were omitted in the contacted, 150 institutes did not programmes which are recently factors considered for the Satisfaction with institute career cell 10% complete the survey on time or did not established. rankings. yi 44 Youth Incorporated novemBER 2014 40% novemBER 2014 Youth Incorporated 45