The Economist gives stellar marks to Schulich

Today’s international print edition of the prestigious Economist magazine will rank a Canadian school – the Schulich School of Business at York University – among the top 15 MBA programs in the world.

In the 2009 Economist survey, Schulich is ranked 12th overall among the world’s top 100 MBA programs – up from 15th overall in 2008 and 24th place in 2007. Schulich placed ahead of the Northwestern University’s Kellogg School of Management, MIT’s Sloan School of Management, the Columbia School of Business and INSEAD, and just behind the University of Pennsylvania’s Wharton School, London Business School and the Stanford Graduate School of Business. Schulich ranked seventh among North American schools, sixth in the world among non-US schools, and first among Canadian schools.

“We’re pleased that Schulich has been ranked among the very best business schools in the world by one of the world’s best-read and most-respected business publications,” said Schulich Dean Dezsö J. Horváth (right).  "The Economist has a long track record of collecting and analyzing MBA student opinions that now spans two decades, and The Economist ranking remains the only global survey that rates business schools according to the criteria that their students find most relevant."

This marks the first time that the ranking has been published under The Economist‘s brand. (The survey was previously managed and published by the Economist Intelligence Unit, the business research arm of the magazine.) This year’s ranking is published in the Oct. 17 to 23 issue of The Economist, which is read each week by 1.4 million people worldwide.

The Economist survey is the only major global ranking that rates business schools on criteria deemed most important to MBA students and alumni – everything from diversity of career opportunities and personal development to salary increase.

The following are some of the key highlights regarding Schulich in this year’s Economist ranking:  

  • Schulich was ranked 10th 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 second 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 fifth in the world in the category of recruiter diversity (the number of industries represented by recruiters who hire Schulich graduates).
  • Schulich ranked sixth in the world in the category of internationalism of alumni. (Schulich has 86 alumni chapters in 62 countries and more than 21,000 alumni working in over 90 countries.)  

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;
  • 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 Graduate Management Admission Test scores and average post-graduation salaries. To view the complete results, click here.