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MENDOZA IN THE NEWS

Financial Times EMBA 2005 global ranking

by Jolie Hunt
Publication: Fiancial Times

October 1, 2005


The Executive MBA program at the Mendoza College of Business is ranked #37 in this 2005 Financial Times annual ranking of  international executive MBA programs.

The Financial Times today announces their annual ranking of international executive MBA programs.  The Wharton school at the University of Pennsylvania has topped the ranking for the fifth year in a row, with Hong Kong UST Business School, London Business School,Instituto de Empresa and Duke University rounding out the top five,respectively.

In the Financial Times EMBA 2005 ranking, the biggest indicator for the success of a program is its location. Because participants study for an EMBA without giving up their jobs, those schools in big cities have a larger pool

of applicants from which to draw. As a result, nine of the top 10 schools in the ranking draw their students from London, New York, Chicago, Hong Kong or Madrid; with four of the top eleven programs taught in London. Ranked number

three in the world is London Business School, followed in sixth place by the University of Chicago, which relocated its European campus to the City of London from Barcelona earlier this year, the Cass Business School at City University ranked tenth and Imperial College's Tanaka school eleventh.  US schools rounded out the ranking's top ten with Columbia Business School at seven, Northwestern University's Kellogg at eight, and New York University's Stern at nine.

Hong Kong UST ranks second in the world this year, the highest a Chinese school has ranked in any Financial Times business school ranking. The China European International Business School (Ceibs), in Shanghai, has also moved up from 20 to 13 this year, underscoring the increasing credibility of Chinese business schools on the international stage.  In China, the ranking is available in Chinese at http://www.FTChinese.com.

The extraordinary appetite for these senior manager degrees in China means that Ceibs runs the largest EMBA operation in the world, with 550 executives enrolling on its programs in Beijing, Shanghai and Shenzen every year. The ranking of the top 75 global EMBA programs includes 42 schools in the US and 22 in Europe, of which 11 are in the UK. There are four schools from Canada and three from China.

About the methodology

The ranking is based on the data collated from two sets of questionnaires -- one for the business schools and the second for alumni who have been in the workplace for three years since graduation.

Of the 7,000 alumni who were contacted about the ranking this year, 3,000 completed the online questionnaire, a response rate of 43 per cent. The growing popularity of EMBA programs meant that this year 95 business schools that took part in the survey, compared with just 88 last year. Out of these 95 schools, 85 had a sufficient response rate (20 per cent of alumni and a minimum of 20 responses in total) to be considered for the ranking of the top 75 programs. Full detail of the methodology can be found online at http://www.ft.com/businesseducation 

For information on how to order reprints of this report or questions about the ranking, please contact the Financial Times PR office at 212-641-6611.