For the sixth straight year, the Schulich School of Business at York University was ranked number one in Canada by the Economist Intelligence Unit (EIU), the business research and intelligence arm of The Economist magazine. Schulich was also ranked among the top 25 MBA programs in the world. The Economist survey is the only major global ranking that rates business schools on criteria deemed most important to MBA students and alumni.
In the 2007 Economist survey released Friday, Schulich ranked 24th overall among the world’s top 100 MBA programs – up from 30th place in 2006. Schulich ranked 13th among North American schools, and 12th in the world among non-US schools. Schulich placed just ahead of business schools at Yale, Cornell, Duke and Oxford universities, and just behind Darden, Wharton, Columbia and INSEAD. For the first time, the graduate school of business at the University of Chicago took the top spot in the Economist ranking, followed by Stanford.
"We’re pleased by the fact that Schulich improved in the very competitive Economist ranking, and also pleased that we placed among the top 10 schools in the world in several key areas, including personal development and educational experience, salary increase and recruiter diversity," said Schulich Dean Dezsö J. Horváth. "So far this academic year, Schulich has performed well across the broad spectrum of global business school rankings and continues to improve in many of the areas that these rankings measure."
Right: The courtyard of the Seymour Schulich Building, home of the Schulich School of Business at York University. The school was ranked number one in Canada by The Economist.
The Economist is the third major business publication within the past month to rank Schulich as Canada’s top business school: both Forbes, in August, and The Wall Street Journal, in September, ranked Schulich number one in Canada and among the top 10 in the world outside the US. (Schulich ranked 11th in the world in The Wall Street Journal survey, which focuses on the assessments of corporate recruiters, and ranked 10th in the world in the Forbes survey in terms of the Return on Investment that MBA programs provide their graduates).
Other highlights in this year’s Economist ranking:
- Schulich was ranked among the top 10 schools in the world in the broad category of personal development and educational experience, which encompasses faculty quality, student quality, student diversity and education experience.
- Schulich was ranked fourth in the world in the category of salary increase – a measurement that captures the percentage by which salaries increased pre-MBA to post-MBA.
- Schulich ranked fourth in the world in the category of recruiter diversity (the number of industries represented by recruiters who recruit Schulich graduates).
- Schulich ranked 13th in the world in the category of internationalism of alumni (Schulich has alumni chapters in 54 countries and more than 20,000 alumni working in over 80 countries around the world.)
The Economist survey measured the opinions of approximately 20,000 MBA students and alumni on categories they consider to be most important, including:
- the ability of a school to open new career opportunities;
- personal development and educational experience;
- salary increase; and
- the potential to network, as measured by the internationalism of the school’s alumni and the breadth of its alumni network.
To view the complete results, click here.