Published today, the QS Global Business Schools Report 2013/14 provides an alternative to traditional MBA rankings by highlighting the value of MBA programs around the world according to the qualification’s end consumer: the MBA employer. The report is based on 4,318 responses from recruiters who actively hire MBAs, making it the largest survey of its kind.
Five schools received the maximum score for employer recognition, identifying them as the leading schools in their region:
- Harvard and Stanford (North America)
- INSEAD and London Business School (Europe)
- INSEAD (Asia-Pacific)
The report points to a leading cluster of 33 ‘elite global’ business schools spread across North America (18), Europe (13) and Asia-Pacific (2).
Region 2013/14 position Institution Country
1 Harvard US
2 Stanford US
3 The Wharton School US
1 INSEAD France
2 London Business School UK
3 IE Business School Spain
1 INSEAD Singapore
2 IIM Ahmedabad India
3 University of Melbourne Australia
1 Tecnologico de Monterrey Mexico
2 Pontificia Universidad Catolica de Chile Chile
3 Business School Sao Paulo Brazil
Middle East and Africa
1 University of Cape Town South Africa
2 University of Witwatersrand South Africa
3 American University of Sharjah UAE
The US dominates the accompanying rankings in ten MBA subject specializations: Finance; Strategy; Innovation; Leadership; Marketing; Entrepreneurship; Corporate Social Responsibility; Information Management; Operation Management and International Management.
Harvard tops five of the ten subjects, with INSEAD; Kellogg; MIT Sloan; Stanford and Wharton topping the others.
“As key industries such as the finance sector consolidate their recovery from the economic crisis, the MBA is an increasingly in-demand qualification,” says Nunzio Quacquarelli, managing director of QS. “With graduates from ‘elite global’ schools in both North America and Europe now commanding average salaries in advance of US$120,000, the MBA remains one of the safest investments around.”
Graduates from top North American schools are shown to earn slightly higher average salaries than their European counterparts. Graduate salaries at US ‘elite global’ schools averaged US$123,239, compared to US$122,983 in Europe.
The school with the highest average graduate salary is the Swiss business school IMD (US$159,912), ahead of the US’s Stanford Graduate School of Business (US$156,265).
**Share the Magazine with your executive colleagues and friends!
Follow the Magazine: https://businessleadershipmanagement.wordpress.com/subscribe-follow-the-magazine/
(After you have filled in your email address in the column at the right hand side of the screen, a confirmation email will sent to your email address. You will have to confirm it before subscription begins)
Follow us on Twitter: https://twitter.com/BusinessLeaders
Like us on Facebook: https://www.facebook.com/BusinessLeadershipManagement
**As part of the Magazine’s drive to reward subscribers/followers, we will be providing subscribers/followers special access to exclusive content which will not be otherwise available to normal visitors. Please be sure to subscribe to the Magazine. Many visitors have given us positive comments that they will be bookmarking the site, but as the system is unable to capture a working email address to which the passcodes for exclusive content will be sent, they will miss out on this content. Do note that passcodes are locked to each exclusive content, not a one-for-all access, so do provide a working email address that you check regularly so as not to miss out on them!