If you're weighing up your career options and figuring out how to fast-track your career, a new report will help you to make an informed MBA choice. A major annual report into MBA graduate employability - based on the largest survey of global employer opinion - has identified London Business School, INSEAD [France] and Harvard as the MBA choice of preference amongst leading international recruiters. The report goes on to identify all the leading business schools you may wish to consider...
Published today on www.topmba.com, the QS Global 200 Business Schools Report provides an alternative to the traditional rankings of MBAs by highlighting the value of your MBA choice to those you would most want to impress - the global employers of MBAs.
The findings are derived from an annual survey of HR managers and line managers with recruiting responsibilities at companies around the world. MBA employers were asked to identify their preferred business schools when hiring MBAs. Respondents also identified business schools they deem to produce excellent hires in ten areas of elective specialization: finance; strategy; marketing; entrepreneurship; corporate social responsibility; information management; innovation; leadership, operations management, and international management.
Below are presented the top business schools by region, helping you to make an informed MBA choice. The rankings reflect those MBAs whose qualifications will be in highest demand by employers - which impacts both whether a return is seen on the investment in the studies - and also how well placed graduates will be to pursue a career with their ideal employers.
Region |
Position |
Institution |
Country |
North America |
1 |
Harvard |
US |
2 |
Stanford |
US |
|
3 |
Kellogg, Northwestern |
US |
|
Latin America |
1 |
Tecnologico de Monterrey |
Mexico |
2 |
Pontificia Universidad Católica de Chile |
Chile |
|
3 |
Business School Sao Paulo |
Brazil |
|
Europe |
1 |
INSEAD |
France |
2 |
London Business School |
UK |
|
3 |
IMD |
Switzerland |
|
Middle East and Africa |
1 |
University of Cape Town |
South Africa |
2 |
American University in Cairo |
Egypt |
|
3 |
University of Witwatersrand |
South Africa |
|
Asia-Pacific |
1 |
INSEAD-Singapore |
Singapore |
2 |
IIM Ahmedabad |
India |
|
3 |
NUS Business School |
Singapore |
The report points to a leading cluster of 39 ‘elite global’ business schools spread across North America (22), Europe (14) and Asia-Pacific (3). While the US total of 15 ‘elite global’ schools is unsurpassed, only Harvard boasts a comparable employer reputation to Europe's London Business School and INSEAD [France].
Graduates from top European schools are also shown to earn higher average salaries than their North American counterparts. Graduate salaries at Europe’s ‘elite global’ schools averaged US$109,300, compared to US$101,100 in North America.
However, while Europe’s schools performed well for employability and graduate salaries, when it comes to subject specializations the US schools dominate. Harvard places number one in four of the ten subjects covered, ahead of MIT-Sloan (2), INSEAD (1), Kellogg, Northwestern (1), Stanford (1) and Wharton (1).
Specialization |
Top 3 business schools |
Country |
Finance |
Wharton Chicago, Booth |
US |
International management |
INSEAD |
France |
Marketing |
Kellogg, Northwestern |
US |
Entrepreneurship |
Harvard |
US |
Operations management |
MIT-Sloan |
US US |
Information management |
MIT-Sloan INSEAD |
US US France |
Strategy |
Harvard |
US |
Leadership |
Harvard |
US |
Corporate social responsibility |
Harvard |
US |
Innovation |
Stanford |
US US |
Nunzio Quacquarelli, managing director of QS says ‘This year’s report finds record numbers of companies turning towards hiring MBAs, underlining the value of the qualification in today’s globalized economy.”
While Europe and North America dominate in terms of overall employability and salaries, candidates at Indian schools emerge as the world’s most academically qualified. Average GMAT scores at Indian Institute of Management Bangalore and Indian Institute of Management Ahmedabad are the highest in the world, comfortably ahead of any of the top schools from Europe or the US.
Business schools featured in the report will be participating in a live Twitter debate discussing the results at 5pm GMT on 5th December. To follow the conversation, follow @TopMBA and the hashtag #MBAdebate.
Image source: Pinstamatic
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