MENDOZA IN THE NEWS
Universities Rank Among Best Executive MBAs
Inside INdiana Business
July 18, 2013
In a just-released survey by The Economist, the University of Notre Dame Executive MBA ranked No. 15 among the top EMBA programs worldwide. The Economist's "Which MBA? Executive MBA Ranking" is the international news publication’s inaugural ranking of executive graduate business degree programs.
The Notre Dame EMBA is offered through the Stayer Center for Executive Education at the Mendoza College of Business, which opened a state-of-the-art, 54,000-square-foot building in March to house the executive education program. The ranking included the Notre Dame EMBA's 21-month program in South Bend, as well as the 17-month program in Chicago.
"We've recently made strong investments in program enhancements, focusing on strategy, leadership and a robust international experience," said Paul Velasco, director of the Stayer Center for Executive Education. "The Economist's favorable ranking is an important signifier that students and alums are gaining the deep knowledge they need to achieve a competitive edge in the global marketplace."
The Economist based the ranking on data collected from more than 8,400 responses to two questionnaires distributed between February and May. One questionnaire was filled out by business schools and included items such as details of students and faculty, the number of overseas assignments required and statistics on alumni. The second questionnaire was circulated to current students and alumni from schools' last three graduating classes. Alumni also reported their pre-EMBA and current salaries, from which average increases could be calculated.
Programs were ranked on two equally weighted measures: personal development/educational experience and career development. Subcategories within each category included such items as quality of students, student diversity, quality of faculty, salary, career progression and networking. Visit The Economist website for a full explanation of the methodology.
The ranking listed 62 programs, with the top three spots respectively going to the Northwestern University (Kellogg)/York University (Schulich) partnership, IE Business School, and the UCLA (Anderson)/National University of Singapore partnership.
"The ranking represents the dedication and hard work of many people involved with the program, not the least of whom are the students themselves," said Suzanne Thoren Waller, director of degree programs at the Stayer Center. "They understand the impact of business on society and seek to use their business acumen to make a difference in commerce and in communities."
Founded in 1980, the Stayer Center for Executive Education provides leaders in the executive and management ranks the opportunity to develop and strengthen their leadership abilities and business acumen skills. Today, Stayer Center offers nondegree as well as degree programs, awarding about 120 degrees annually and delivering programs in 10 countries.
In keeping with the Notre Dame mission, the program emphasizes values-based leadership in addition to academic rigor. Recent rankings include No. 18 by Bloomberg Businessweek for Non-degree Executive Education Open Enrollment Programs, and No. 6 worldwide among the top-ranked 25 Executive MBA programs by The Wall Street Journal.
Nearly 2,000 company presidents, executives and directors have participated in the Stayer Center for Executive Education's innovative open-enrollment Executive Integral Leadership, which incorporates moral, spiritual and ethical strengths as well as other personal dimensions into leadership development.