Financial Times ranks Schulich among world’s top 25 MBA programs

The Financial Times of London has ranked York’s Schulich School of Business among the top 25 MBA programs in the world and number one in the world for return on investment among two-year MBA programs.

Schulich ranked 22nd overall in the 2004 Financial Times global survey, neck and neck with the Rotman School of Management at the University of Toronto, in 21st place, and ahead of the Ivey School of Business at the University of Western Ontario, which was ranked 29th.

Right: Schulich Dean Dezsö J. Horváth

The results were published Monday and add another record-high ranking for Schulich during a year in which the school was rated number one in Canada by both Forbes and the Economist Intelligence Unit, the business research and intelligence research arm of The Economist magazine, and ranked number one in Canada and among the top six schools in the world in the field of corporate social responsibility by the World Resources Institute and the Aspen Institute. The Economist Intelligence Unit ranked Schulich 22nd in the world (Schulich was the only Canadian school to make their Top 50), while Forbes ranked Schulich 6th in the world outside the US in its international ranking.

Schulich is the only school in Canada to record five consecutive year-over-year improvements in ranking results in the Financial Times survey (Schulich ranked 45th in 2000; 35th in 2001; 31st in 2002; 26th in 2003; and 22nd in 2004).

Other survey highlights:

  • Schulich graduates are among the world’s most internationally mobile alumni. Schulich was ranked eighth in the category of international mobility, which measures the global employment movements of alumni between graduation and the present.
  • Schulich finished first in the world among regular two-year MBA programs in the Financial Times “Value for Money” category (both IMD and Insead, which placed ahead of Schulich, are one-year programs). The “Value For Money” category is a Return on Investment (ROI) measurement that calculates the “rate of return” for each dollar spent by students between the start of the MBA to three years after graduation. Earlier this year, Schulich was ranked number two in the world by Forbes magazine in its “Years To Pay Back” category, a similar category for measuring return on investment.

“We’re very pleased to have done so well in one of most rigorous and comprehensive MBA surveys in the world,” said Schulich Dean Dezsö J. Horváth, who was last week named the 2004 Dean of the Year by the Academy of International Business (AIB), the world’s leading association of scholars in the field of international business, with approximately 3,000 members in 65 countries around the world. “Today’s ranking, together with all of the other major rankings of the past year, clearly place Schulich as one of the top schools in Canada, among the top 10 in the world outside of the US, and among the top 20 in North America.”