2020 GLOBAL MBA RANKINGS he benefits attached to an MBA Weighting of Data Points (full-time and part-time MBA)

are well documented: career Quality of Faculty: 34.95 % progression, networking International Diversity: 9.71% opportunities, personal Tdevelopment, salary... and the list Class Size: 9.71% goes on. However, in an increasingly Accreditation: 8.74% congested market, selecting the right Faculty business school can be difficult, which to Student Ratio: 7.76% is far from ideal given the time and Price: 5.83% investment involved. International Exposure: 4.85% Using a ranking system entirely geared and weighted to fact-based Work Experience: 4.85% *EMBA Weighting: Professional Work experience and criteria, CEO Magazine aims to cut Development: 4.85% international diversity are through the noise and provide potential adjusted accordingly. Gender Parity: 4.85% students with a performance benchmark **Online MBA Weighting: Delivery methods: 3.8% for those schools under review. Delivery mode and class 0 % 5 % 10 % 15 % 20 % 25 % 30 % 35 % size are removed.

GLOBAL MBA RANKINGS TIER ONE

Business School Country Business School Country AIX Marseille Graduate School of Management Monaco Emlyon Business School France American University: Kogod North America ESADE Business School Spain Appalachian State University* North America EU Business School Germany, Spain Ashland University North America and Switzerland Aston Business School UK Florida International University North America Auburn University: Harbert North America Fordham University North America Auckland Institute of Studies New Zealand GBSB Global Business School Spain Audencia Business school France George Washington University North America Bentley University: McCallum North America Georgia State University: Robinson North America Boston University: Questrom North America Grenoble Graduate School of Business France Brunel Business School UK Griffith University Australia Business School Netherlands The Netherlands HEC Montréal Canada California State University-Chico North America HHL Leipzig Graduate School of Management Germany California State University-​Long Beach North America Hofstra University: Zarb North America California State University-East Bay North America Hult Internatonal Business School North America California State University-San Bernardino North America IAE Business School Argentina City University: Cass UK IFM University Switzerland College of William and Mary: Mason North America Indiana University: Kelley North America Colorado Technical University North America ISEG – University of Lisbon Portugal Concordia University Canada Kennesaw State University North America Crummer Graduate School Kent State University North America of Business at Rollins North America La Trobe University Australia Darmstadt Business School Germany Lagos Business School Nigeria Durham University Business School UK Lancaster Management School UK EBS Business School Germany Leeds University Business School UK

12 *Some data unavailable ceo-mag.com / Summer 2020 GLOBAL MBA RANKINGS TIER ONE Business School Country Business School Country Loyola Marymount University North America University of Chile FEN-CHILE Chile Maastricht School of Management The Netherlands University of Delaware: Lerner North America Macquarie Business School Australia University of Denver: Daniels North America McMaster University: DeGroote Canada University of Exeter UK MIP Politecnico di Milano Italy University of Kentucky: Gatton North America Nebrija Business School Spain University of Liverpool Management School UK Newcastle University Business School UK University of Maine North America Nyenrode Business University The Netherlands University of Massachusetts-Amherst: Pepperdine University: Graziadio North America Isenberg North America Queens University of Charlotte North America University of Massachusetts-Boston North America RMIT University Australia University of Massachusetts-Lowell North America Saint Joseph's University: Haub North America University of Nebraska-Omaha North America SBS Swiss Business School Switzerland University of North Carolina-Charlotte: Belk North America Simon Fraser University: Beedie Canada University of North Carolina-Wilmington: Swinburne University of Technology Australia Cameron North America Texas A&M University-​College Station: Mays North America University of Oklahoma: Price North America Texas Christian University: Neeley North America University of Oregon: Lundquist North America The American University in Cairo Egypt University of Otago Business School New Zealand The Instituto Tecnológico University of Pittsburgh: Katz North America Autónomo de México (ITAM) Mexico University of Portland: Pamplin North America The Lisbon MBA Catolica|Nova* Portugal University of Pretoria - The Univerisity of Newcastle Australia Australia Gordon Institute of Business Science South Africa The University of Adelaide Australia University of Richmond: Robins North America Torrens University Australia Australia University of Sheffield Management School UK Toulouse Business School France University of South Australia Australia Toulouse Business School University of South Florida: Muma North America (with IMM Bangalore) France and India University of Tampa: Sykes North America Trinity College Dublin School of Business Republic of Ireland University of Texas at Arlington North America University of Business and International Studies Switzerland University of Texas-​Dallas : Jindal North America United International Belgium, Italy Japan, University of Texas-San Antonio North America Business Schools the Netherlands, Spain University of the Sciences North America and Switzerland University of West Georgia North America University of Akron North America University of Western Australia Business School Australia University of Alabama: Manderson North America University of Wollongong Sydney Business School Australia University of Alberta Canada Victoria Graduate School of Business Australia University of Baltimore North America Virginia Tech: Pamplin North America University of California at Davis North America Walsh College North America University of California-San Diego: Rady North America Willamette University: Atkinson North America University of Canterbury New Zealand Xavier University North America

TIER TWO Business School Country Business School Country Baylor University: Hankamer North America Suffolk University North America Bryant University* North America Texas State University: McCoy* North America Butler University North America University of Cincinnati: Lindner* North America Drake University North America University of Louisiana at Lafayette North America Fairfield University* North America University of Louisville* North America Gonzaga University* North America University of Michigan-Flint* North America Jacksonville University* North America University of New Mexico: Anderson* North America Marquette University North America University of North Alabama North America Northwest Missouri State University North America University of North Texas North America Oakland University North America University of Southern Queensland Australia Rensselaer Polytechnic Institute: Lally North America University of Wisconsin-Milwaukee: Lubar North America Rochester Institute of Technology: Saunders North America Virginia Commonwealth University North America Seattle University: Albers North America ceo-mag.com / Summer 2020 *Some data unavailable 13 GLOBAL EXECUTIVE MBA RANKINGS TIER ONE

Rank Country Rank Country 1 City University: Cass UK 38 Baylor University: Hankamer North America 2 Maastricht School of Management The Netherlands 38 University of Wollongong Sydney Business School Australia 3 Audencia Business school France 40 University of Alberta Canada 4 The Instituto Tecnológico 41 United International Business Schools Switzerland Autónomo de México (ITAM) Mexico 42 Washington State University: Carson North America 5 Swinburne University of Technology Australia 43 California State University-East Bay North America 6 IFM University Switzerland Switzerland 44 ESADE Business School Spain 7 University of Ottawa: Telfer Canada 45 IfM Institut für Management Austria 8 University of Texas-San Antonio North America 46 Boston University: Questrom North America 9 Hult Internatonal Business School North America 47 MIP Politecnico di Milano Italy 10 Grenoble Graduate School of Business France 48 Rochester Institute of Technology: Saunders North America 11 Business School Netherlands The Netherlands 49 Pontifical Catholic University of Chile Chile 12 University of Pretoria - =50 Lagos Business School Nigeria Gordon Institute of Business Science South Africa =50 University of Chile FEN-CHILE Chile 13 Kennesaw State University North America 51 Kent State University North America 14 Global OneMBA 52 Fordham University North America (Fundação Getulio Vargas (FGV-EAESP); 53 Loyola Marymount University North America Rotterdam School of Management, 54 McMaster University: DeGroote Canada Erasmus University (RSM); 55 University of Pittsburgh: Katz North America Tecnológico de Monterrey (EGADE); Brazil, China, University of North Carolina at Chapel Hill (UNC); Mexico, the 56 The University of Alabama: Manderson North America and Xiamen University, Netherlands and 57 University of Texas at Arlington North America School of Management (SMXMU)) North America 58 Texas A&M University-Colle​ ge Station: Mays North America 15 Maastricht University The Netherlands 59 Virginia Tech: Pamplin North America 16 Rutgers Business School North America 60 University of Exeter UK 17 University of Denver: Daniels North America 61 University of Oklahoma: Price North America 18 SBS Swiss Business School Switzerland =62 University of Kentucky: Gatton North America 19 Villanova University North America =62 University of Oregon North America 20 Georgia State University: Robinson North America 64 University of Tampa: Sykes North America =21 Emlyon Business School France 65 University of North Carolina-Wilmington: =21 University of Texas-D​ allas : Jindal North America Cameron North America 22 Florida International University North America 66 Auburn University: Harbert North America 23 Trinity College Dublin School of Business Republic of Ireland 67 University of South Florida: Muma North America 24 IMM Global Executive EMBA 68 University of Bradford School of Management UK and Dubai (Purdue University-West Lafayette: Krannert, 69 University of California-San Diego: Rady North America TIAS School for Business and Society Tilburg, North America, 70 Texas Christian University: Neeley North America Tianjin University, the Netherlands, 71 Saint Joseph's University: Haub North America Fundação Getulio Vargas (FGV- EBAPE), China, Brazil, MIP Politecnico di Milano Italy 72 College of William and Mary: Mason North America and ISM University of Management and Economics) and Lithuania 73 California State University-L​ ong Beach North America 25 INCAE Business School Costa Rica 74 University of New Mexico: Anderson* North America 26 The American University in Cairo Egypt 75 Marquette University North America 27 Purdue University-West Lafayette: Krannert North America 76 Suffolk University North America 28 Simon Fraser University: Beedie EMBA & EMBA-IBL Canada 77 Xavier University North America 29 RMIT University Australia 78 Seattle University: Albers North America 30 University of Nebraska-Omaha North America 79 Jacksonville University* North America 31 Massey University New Zealand 80 Aston Business School* UK 32 Concordia University Canada 81 Hofstra University: Zarb* North America 33 Pepperdine University: Graziadio North America 82 University of North Alabama North America 34 IAE Business School Argentina 83 The Lisbon MBA Catolica|Nova* Portugal 35 Virginia Commonwealth University North America 84 Crummer Graduate School 36 Oakland University North America of Business at Rollins North America 37 Durham-EBS Executive MBA Germany and UK 85 University of Lousiville* North America

14 *Some data unavailable ceo-mag.com / Summer 2020 GLOBAL ONLINE MBA RANKINGS TIER ONE Rank Country Rank Country 1 EU Business School Germany, Spain and 32 University of Kentucky: Gatton North America Switzerland =33 Saint Joseph's University: Haub North America 2 SBS Swiss Business School Switzerland =33 George Washington University North America 3 Nebrija Business School Spain 34 Baylor University: Hankamer North America 4 United International Business Schools Switzerland 35 Ashland University North America 5 University of Otago Business School New Zealand 36 Swinburne University of Technology Australia 6 Macquarie Business School Australia 37 Saint Joseph's University: Haub EMBA North America 7 University of Business 38 University of Texas at Arlington North America and International Studies Switzerland 8 University of South Australia Australia 39 College of William and Mary: Mason North America =9 Massey University New Zealand 40 University of North Carolina-Wilmington: =9 University of Denver: Daniels North America Cameron (MBA & EMBA) North America =10 Durham University Business School* UK =41 University of Pittsburgh: Katz North America =10 MIP Politecnico di Milano: International Flex EMBA Italy =41 Victoria Graduate School of Business Australia 11 Jack Welch Management Institute North America 42 Aston Business School* UK =12 La Trobe University Australia 43 University of Baltimore North America =12 University of Bradford School of Management UK 44 University of Delaware: Lerner North America =13 Pepperdine University: Graziadio North America 45 Bentley University: McCallum North America =13 The EuroMBA (Aix-Marseille, 46 California State University-San Bernardino North America Audencia Nantes, EADA, France, Germany, 47 Drake University North America HHL Leipzig, Kozminski University the Netherlands, 48 University of Cincinnati: Lindner* North America and Maastrict University) Poland and Spain 49 The Open University* UK 14 Maastricht School of Management The Netherlands 50 Xavier University North America 15 MIP Politecnico di Milano: Flex EMBA Italy =16 Georgia WebMBA 51 California State University-Long Beach North America (Columbus State University, 52 University of Southern Queensland Australia Georgia College, Georgia Southern University, 53 The Univerisity of Newcastle Australia Australia Kennesaw State University, 54 Kent State University North America University of West Georgia, 55 University of Exeter UK Valdosta State University) North America 56 Kennesaw State University North America =16 Griffith University Australia =57 University of Louisiana at Lafayette North America 17 American University: Kogod* North America =57 Seattle University: Albers North America 18 Queens University of Charlotte North America 58 Florida International University North America 19 University of the Sciences North America 59 Indiana University: Kelley* North America 20 Torrens University Australia Australia 60 Auburn University: Harbert North America 21 RMIT University EMBA Australia 61 University of South Florida: Muma North America 22 Colorado Technical University North America 62 Hofstra University: Zarb* North America 23 University of Massachusetts-​Lowell North America 63 University of North Alabama North America 24 Rochester Institute of Technology: Saunders North America 64 University of Louisville* North America 25 Walsh College* North America 26 University of Maine North America 65 University of North Texas North America 27 University of Massachusetts-Amherst: Isenberg North America 66 Bryant University* North America 28 Washington State University: Carson North America 67 The University of Wisconsin-Whitewater North America 29 Virginia Commonwealth University North America 68 Jacksonville University* North America 30 GBSB Global Business School Spain 69 Suffolk University North America 31 University of Texas-Dallas: Jindal North America 70 Northwest Missouri State University North America

Based upon accreditation, quality of faculty, geography, and international standing, this GLOBAL DBA LISTING year’s Global DBA Listing is designed to showcase the market’s premier DBA providers.

Business School Country Business School Country Aston Business School UK Maastricht School of Management The Netherlands Baruch College, City University of New York: Zicklin North America Newcastle University Business School UK Case Western Reserve: Weatherhead North America Nyenrode Business University The Netherlands Cranfield School of Management UK Pepperdine University: Graziadio North America DePaul University: Kellstadt North America Pontifical Catholic University of Chile Chile Drexel University: LeBow North America Rollins College: Crummer North America Durham University Business School UK SBS Swiss Business School Switzerland École des Ponts Business School France Temple University: Fox North America EU Business School Pan-European The University of Wisconsin-Whitewater North America Florida International University North America United International Business Schools Pan- European GBSB Global Business School Spain University of Bradford School of Management UK Georgia State University: Robinson North America University of Dallas: Gupta North America Grenoble Graduate School of Business France University of Liverpool Management School UK Harvard Business School North America University of Manchester: Alliance UK IE Business School Spain University of Missouri-St. Louis North America Jacksonville University North America University of Pretoria-Gordon Institute Kennesaw State University: Coles North America of Business Science South Africa Leeds University Business School UK Washington University in St. Louis: Olin North America ceo-mag.com / Summer 2020 *Some data unavailable 15