Forbes ranks Schulich School of Business number one in Canada

Forbes magazine ranked the Schulich School of Business at York University number one in Canada, and number four in the world among two-year MBA programs outside the US. The results of the US business magazine’s survey were released in the Aug. 16 issue.

"We’re pleased to have once again been ranked number one in Canada by Forbes and among the top four schools in the world outside the US," said Schulich Dean Dezsö J. Horváth (right). "The Forbes survey captures an important factual measure of a School’s value – namely, the average return on investment that its MBA students can expect once they graduate."

The Forbes global ranking, conducted every two years, measured the return on investment, or ROI, experienced by MBA graduates from the Class of 2002. The survey calculated a "five-year MBA gain" by determining average post-MBA compensation minus the costs of attending business school (tuition and foregone salary). Schulich was the highest-ranked Canadian business school and was ranked fourth among two-year MBA programs outside the US. To view the Forbes survey results, click here.

Schulich ranked among the top 15 schools in the world in two important categories: in the category that measures the percentage return on investment (tuition and foregone salary), Schulich placed 10th in the world among two-year programs, just ahead of the University of California at Berkeley, Stanford University in California, and the London Business School, UK. In the "Years to Payback" category, which measures how quickly graduates recoup their investment in an MBA degree, Schulich ranked 14th in the world among two-year programs at 3.6 years, a position it shared jointly with the Tuck School of Business, NH (ranked first in the US); Cornell University, NY; Duke University, NC; and IESE Business School, Spain.

Right: The Schulich School of Business ranks among the best in the world, according to Forbes

IESE, which was rated number one in the world by the Economist Intelligence Unit, was ranked number one by Forbes among two-year programs, with London Business School finishing second.