Youth Inc Lists the World's Best Business Schools in Order of Their Rank
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COVER STORY Media Partner Online Partner 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 WGlobal Business School 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 London Business School 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 Belgium 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 Mannheim Business School 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 Peking University 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 Lancaster University 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 AKESIDE 1 Harvard University USA ONS. 2 IIM Ahmedabad India MM 2 University of Pennsylvania USA L 3 IIM Calcutta India ENS ENS 3 Stanford University USA 4 Indian School of Business India L OVERS, WIKI OVERS, EDIA CO EDIA 4 Columbia University USA M 5 National University Singapore Singapore 5 MIT USA 6 CEIBS China 6 University of Chicago USA M 7 University of Hong Kong China EDIA CO EDIA 7 Northwestern University USA 8 Nanyang Technological University Singapore OHN PHELAN, WIKI PHELAN, OHN 8 New York University USA J 9 Chinese University of Hong Kong China MM 9 Dartmouth College USA ONS 10 Peking University China 10 Yale University USA IIM Calcutta Harvard University TOP EUROPEAN B-SCHOOLS ONS RANK NAME OF INSTITUTION COUNTRY MM 1 INSEAD France TOP CANADIAN B-SCHOOLS EDIA CO EDIA 2 IE Business School Spain M 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 MIKHAIL BAKUNIN, WIKI 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 WIKI 1 London Business School UK ONS.J C MM 2 Cambridge University UK WIKI ATS, TOP AUSTRALIAN B-SCHOOLS 3 Oxford University UK RANK NAME OF INSTITUTION COUNTRY