The
QS Global 200 Business Schools Report identifies the most popular business schools in each region of the world. It aims to serve employers seeking MBAs at a regional level. It originated in the early 1990s under the partnership
Quacquarelli SymondsQuacquarelli Symonds is a company specializing in education and study abroad. The company was founded in 1990 by Wharton School MBA graduate Nunzio Quacquarelli...
. The TopMBA Career Guide was made in 1990, and five years later in 1995 the QS World MBA Tour was begun. In 1996 the QS TopMBA Global Recruiters Top 100 Business Schools was begun. This has since then grown and in 2010 adopted the name 'Global 200 Top Business Schools Report'.
Quacquarelli SymondsQuacquarelli Symonds is a company specializing in education and study abroad. The company was founded in 1990 by Wharton School MBA graduate Nunzio Quacquarelli...
also began producing the independent rankings system, QS World University Rankings, in 2004. The Business Schools Report was formed as an alternative to business school rankings. With its global outreach, QS obtains survey responses from employers from different continents and a variety of industries, allowing it to produce reports by specialisation, including Finance, Corporate Governance, Operations Management, and Strategy.
At the heart of the report is the definitive list of 200 business schools currently preferred by most international employers for the purpose of hiring MBA graduates. This list is compiled from an annual survey of Human Resources (HR) managers and line managers with recruiting responsibilities at companies around the world. Each year employers recommend new schools to be added to this list, which employers around the world can then rate and comment upon.
Methodology
Index of Employer Votes
Points are assigned by a combination of what schools employers have tried to hire from, and those that they pick out of a list of 400. This lift is drafted from the most popular schools in the previous report. Employers are encouraged to suggest new schools that could be added. To ensure stability the votes from the current year are added to those of the previous year and a mean average is produced. The total votes are then indexed against the best performing business school, which is given an Index score of 100. The percentage score produced is known as the school’s Index of Employer Votes. Only employers that confirm that the company hires from more than one country are classified as international MBA employers and generate the Employer Votes in the final results.
The Rankings
The 2010 ranking consisted of 80 schools in North America, 67 schools in Europe, 36 schools in Asia-Pacific, 10 schools in Latin America and 7 schools in Africa and the Middle East. In the past decade, its outreach has grown significantly: in 1999, only 15 schools outside of North America and Europe featured in the research, compared to 53 schools this year.
The regional rankings can be seen below:
North America Business School Rankings Top Five |
School Name | Country | Regional Rank 2010 | Average Salary | Class Size | Average GMAT Score | Average Years Work |
Harvard Business SchoolHarvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
|
United States |
1 |
$114400 |
900 |
725 |
4 |
|
Wharton School of the University of Pennsylvania The Wharton School is the business school of the University of Pennsylvania, an Ivy League university in Philadelphia, Pennsylvania. Wharton was the world’s first collegiate business school and the first business school in the United States...
|
United States |
2 |
$110000 |
862 |
720 |
5 |
|
Kellogg School of ManagementThe Kellogg School of Management is the business school of Northwestern University in Evanston, Illinois, downtown Chicago, Illinois and Miami, Florida. Kellogg offers full-time, part-time, and executive programs, as well as partnering programs with schools in China, India, Hong Kong, Israel,... , Northwestern UniversityNorthwestern University is a private research university in Evanston and Chicago, Illinois, USA. Northwestern has eleven undergraduate, graduate, and professional schools offering 124 undergraduate degrees and 145 graduate and professional degrees....
|
United States |
3 |
$94349 |
427 |
700 |
5 |
|
Stanford UniversityThe Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San...
|
United States |
4 |
$117681 |
370 |
726 |
4 |
|
Columbia Business SchoolColumbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...
|
United States |
5 |
$106246 |
737 |
713 |
5 |
|
|
European Business School Rankings Top Five |
School Name | Country | Regional Rank 2010 | Average Salary | Class Size | Average GMAT Score | Average Years Work |
INSEADINSEAD is an international graduate business school and research institution. It has campuses in Europe , Asia , and the Middle East , as well as a research center in Israel... – France |
France |
1 |
N/A |
994 |
704 |
6 |
|
London Business SchoolLondon Business School is an international business school and a constituent college of the federal University of London, located in central London, beside Regent's Park...
|
United Kingdom |
2 |
$103440 |
315 |
697 |
5 |
|
University of OxfordThe University of Oxford is a university located in Oxford, United Kingdom. It is the second-oldest surviving university in the world and the oldest in the English-speaking world. Although its exact date of foundation is unclear, there is evidence of teaching as far back as 1096... , Said Business SchoolSaïd Business School is the business school of the University of Oxford in England, located on the north side of Frideswide Square on the former site of Oxford Rewley Road railway station. It is the University's centre of learning for graduate and undergraduate students in business, management...
|
United Kingdom |
3 |
$108836 |
240 |
685 |
6 |
|
IESE IESE Business School is the graduate business school of the University of Navarra. IESE has campuses in Barcelona, Madrid, and New York City and teaching facilities in Munich and Sao Paulo... Business School |
Spain |
4 |
N/A |
215 |
672 |
4 |
|
SDA Bocconi SDA Bocconi School of Management is the graduate business school of the Bocconi University at Milan, Italy. It was founded in 1971 as a school of business education featuring strong international ties...
|
Italy |
5 |
$96027 |
100 |
650 |
5 |
|
|
Asia and Australasia Business School Rankings Top Five |
School Name | Country | Regional Rank 2010 | Average Salary | Class Size | Average GMAT Score | Average Years Work |
INSEADINSEAD is an international graduate business school and research institution. It has campuses in Europe , Asia , and the Middle East , as well as a research center in Israel... – Singapore |
Singapore |
1 |
N/A |
N/A |
|
|
|
Melbourne Business School Melbourne Business School is a business school located in Melbourne, Australia that has been ranked in the Financial Times since 2005 and The Economist Top 20 in the World. MBS was placed as the second best business school in the Asia-Pacific in the 2010 QS Global 200 Business Schools Report....
|
Australia |
2 |
$98292 |
130 |
650 |
8 |
|
NUS Business School Established in 1965, National University of Singapore Business School is known for providing management thought leadership from an Asian perspective, enabling its students and corporate partners to leverage global knowledge and Asian insights. This combination of global expertise and Asian acumen...
|
Singapore |
3 |
N/A |
105 |
664 |
5 |
|
Australian Graduate School of Management The MBA program of the Australian School of Business is known as the AGSM MBA, based in Sydney, New South Wales, Australia. Founded as the Australian Graduate School of Management in 1977, the AGSM MBA is consistently ranked at the top of the national rankings and amongst one of the top MBA...
|
Australia |
4 |
$97452 |
62 |
660 |
7 |
|
Indian Institute of Management BangaloreThe Indian Institute of Management Bangalore is a business school located in Bengaluru, Karnataka, India. It was established in 1973 by the Government of India, and is the third Indian Institute of Management to be established .It offers several Post Graduate and Doctoral programmes, as well as... (IIM Bangalore) |
India |
5 |
$30000 |
N/A |
780 |
2 |
|
|
Latin America Business School Rankings Top Five |
School Name | Country | Regional Rank 2010 | Average Salary | Class Size | Average GMAT Score | Average Years Work |
Pan American Institute for High Business Direction (IPADE IPADE, is the business school of Universidad Panamericana, or Pan-American University, a private university in Mexico... ) |
Mexico |
1 |
$56391 |
N/A |
640 |
4 |
|
Mexico Autonomous Institute of Technology (ITAM ITAM may refer to:*Instituto Tecnológico Autónomo de México, a private research university located in Mexico City, Mexico*IT asset management*Immunoreceptor tyrosine-based activation motif... ) |
Mexico |
2 |
N/A |
N/A |
580 |
7 |
|
Business School São Paulo BSP BSP is a three-letter abbreviation that may refer to:Computers and technology* Bell System Practices, technical documentation series published internally by the AT&T Bell System* Board support package, software needed to operate motherboards...
|
Brazil |
3 |
N/A |
N/A |
|
|
|
EGADEEGADE Business School is the Graduate School of Business at ITESM , a university system with 33 campuses in 26 cities in Mexico.EGADE Business School was created more than 30 years ago in Monterrey, 180 miles south of the...
|
Mexico |
4 |
$50000 |
N/A |
560 |
3 |
|
INCAEINCAE Business School is a business school located in Latin America. It has 2 locations, the Francisco de Sola campus in Nicaragua and the Walter Kissling Gam campus in Costa Rica... Business School |
Costa Rica |
5 |
$28000 |
N/A |
550 |
4 |
|
|
Africa and Middle East Business School Rankings Top Five |
School Name | Country | Regional Rank 2010 | Average Salary | Class Size | Average GMAT Score | Average Years Work |
American University in CairoThe American University in Cairo is an independent, non-profit, apolitical, secular institution of higher learning located in Cairo, Egypt...
|
Egypt |
1 |
$7140 |
N/A |
500 |
2 |
|
University of Cape TownThe University of Cape Town is a public research university located in Cape Town in the Western Cape province of South Africa. UCT was founded in 1829 as the South African College, and is the oldest university in South Africa and the second oldest extant university in Africa.-History:The roots of...
|
South Africa |
2 |
$50000 |
142 |
500 |
3 |
|
United Arab Emirates UniversityUnited Arab Emirates University was established in 1976, and is the oldest of the three government-sponsored institutions of higher learning in the United Arab Emirates compared to the Higher Colleges of Technology and Zayed University...
|
United Arab Emirates |
3 |
$50000 |
N/A |
500 |
5 |
|
Bar-Ilan UniversityBar-Ilan University is a university in Ramat Gan of the Tel Aviv District, Israel.Established in 1955, Bar Ilan is now Israel's second-largest academic institution. It has nearly 26,800 students and 1,350 faculty members...
|
Israel |
4 |
N/A |
N/A |
500 |
0 |
|
University of Stellenbosch Business School |
South Africa |
5 |
$50000 |
N/A |
550 |
11 |
|
|
Criticism
The rankings are solely based on the opinions of the employers. Thus, a lot of trust is conferred by QS onto the respondents to their survey. A personal grudge against an employee from a particular school could result in a lower ranking for that institution. Whereas other rankings are configured on the basis of a number of factors, the reliance on this feedback makes the rankings vulnerable to outliers, which affects their reliability. However, in a world where employers require the services that the rankings provide, it makes sense for QS to trust them – the more truthful their responses, the more truthful the rankings are.
Competitors
(i)
Bloomberg Business Week
(ii)
Financial Times
External links
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