‘The Economist’ ranks Schulich among world’s top 20

Schulich building

The Economist magazine Friday ranked York’s Schulich School of Business among the top 20 MBA programs in the world.

Schulich ranked 16th overall and number one in Canada in the magazine’s annual ranking of the world’s top 100 MBA programs. This marks the fifth straight year that Schulich has placed among the world’s top 20 in The Economist ranking.

Dezsö J. Horváth head shot“We’re very proud to once again be ranked among the world’s best business schools by one of the world’s most influential business publications,” said Schulich Dean Dezsö J. Horváth. “We’re also proud of the fact that within the four main areas that students identify as being most important – career opportunities, educational experience, salary increase and potential to network – Schulich ranked among the top five schools in the world.”

Dezsö J. Horváth

In placing 16th, Schulich ranked ahead of INSEAD, Kellogg, UCLA, Michigan, Yale and Duke, and just behind Cornell, Wharton and the London Business School. Schulich placed first among Canadian schools, fifth in the world among non-US schools, and 12th among all North American schools.

Over the past five years, Schulich has consistently finished in the top tier of The Economist ranking, steadily placing within the range of ninth to16th overall. The school’s five-year average rank is 12th overall. To view the complete results, visit The Economist’s website.

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

  • Schulich ranked first in the world in the category of recruiter diversity(the number of industries represented by recruiters who hire Schulich graduates) – a reflection of the broad range of industry and functional specializations offered at the School (19 in total).
  • Schulich ranked fourth in the world in the category of educational experience. This category included a student assessment of the program, the range of electives offered, and the school facilities, as well as the number of overseas exchange opportunities the school provided.
  • Schulich ranked fourth in the world in the category of internationalism of alumni – a key consideration for MBA graduates interested in seeking global opportunities after graduation. (Schulich has 85 alumni chapters in 62 countries and more than 22,000 alumni working in over 90 countries).
  • Schulich was ranked fifth 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 graduates reported an average 165 per cent increase in salary after obtaining their MBA degree.

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 to earning potential and networking opportunities. According to The Economist, the magazine ranks full-time MBA programs on “their ability to provide students with the things that they themselves cite as most important” and weights each element according to the average importance given to it by students. Student and alumni ratings make up 20 per cent of the survey and 80 per cent is based on quantitative data, such as student quality, faculty quality, post-MBA salary and salary increase, and breadth of internationalism of alumni.

During its 24-year history, The Economist survey has tracked and measured the opinions of approximately 250,000 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.

For more information, visit the Schulich School of Business website.