The Economist Intelligence Unit (EIU), the business research and intelligence arm of Britain’s The Economist magazine, ranked the Schulich School of Business at York University among the top 15 MBA programs in the world and number one in Canada. The rankings were released on Friday, Sept. 26.
In the 2008 Economist survey, Schulich ranked 15th overall among the world’s top 100 MBA programs – up from 24th overall in 2007 and 30th place in 2006. Schulich ranked seventh among North American schools and eighth in the world among non-US schools. Schulich placed just ahead of Kellogg, Wharton, MIT and INSEAD, and just behind Harvard. IMD, based in Switzerland, took top spot in the Economist ranking.
Right: The Seymour Schulich Building is home to York’s Schulich School of Business
The EIU survey is the only major global ranking that rates business schools on criteria deemed most important to MBA students and alumni. Friday’s results are the highest-ever rating for Schulich in the Economist survey and come on the heels of six global surveys conducted during the past year in which the school has been ranked number one in Canada and among the leading schools in the world. Other key highlights in this year’s Economist ranking:
Schulich was ranked ninth 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 eighth in the world in the category of internationalism of alumni (Schulich has 80 alumni chapters in 55 countries and more than 20,000 alumni working in over 90 countries).
The EIU 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.
Student and alumni ratings make up 20 per cent of the survey and 80 per cent is based on quantitative data such as average GMAT scores and average post-graduation salaries. To view the complete results, click here.
“We’re pleased that Schulich has been ranked among the leading business schools in the world by a respected global survey – one that has been tracking MBA student opinion for 20 years,” said Schulich Dean Dezsö J. Horváth (right).
He credited the results to Schulich’s highly flexible and innovative curriculum, the international linkages the school provides to its students and alumni, and the quality of its faculty and students. "We’re especially proud of the fact that Schulich fared extremely well in a survey that rates schools on the issues that are considered most important to MBA students and alumni,” added Horváth.