Introduction
This business school ranking aims to assess institutions’ overall performance and prestige in the business and management field, at the graduate level. This ranking showcases strengths in the business and management field around the globe, highlighting world-class institutions spread across 3 countries. Among the top 10 business schools, 70% are from the US.
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Stanford Graduate School of Business
#11.0The Stanford Graduate School of Business (also known as Stanford Business School, Stanford GSB, or GSB) is one of the seven schools of Stanford University. The school has approximately 400 students per year in its full-time two-year MBA program. In June 2006, the School announced a dramatic change to its curriculum model ("The Personalized MBA Education"). It aims to offer each student a highly customized experience by offering broader menus of course topics. The graduating class of 2009 was the first class to go through the new curriculum. Current and past students include Fulbright Scholars, Marshall Scholars, Coro, Gardner, Soros, Rhodes, Rotary, and Truman fellows. Approximately 15% of the class entered the MBA program with other graduate or professional degrees; including medical doctors, lawyers, and Ph.Ds. Stanford GSB also offers a Ph.D. in Management degree for those looking to pursue a career in academia. The students at the school have traditionally maintained a policy of grade non-disclosure whereby they do not release grades. Some annual academic distinctions do exist. Students graduating in the top ten percent of the class are designated "Arjay Miller Scholars", named after the former dean, Arjay Miller (1969–79). The top student receives the Henry Ford II award at graduation. At the end of the first year, five students are also designated Siebel Scholars based on a combination of academics and extracurriculars.
INSEAD
#23.0INSEAD is a graduate business school with campuses in Europe (Fontainebleau, France), Asia (Singapore), and the Middle East (Abu Dhabi). "INSEAD" is originally an acronym for the French "Institut Européen d'Administration des Affaires" or European Institute of Business Administration. INSEAD's MBA participants can take the MBA's core courses at either or both of its Europe and Asia campuses(as well as offering an elective MBA module at its Middle East campus). They follow the same core courses in parallel regardless of campus, and there are faculty who teach on both the Europe and Asia campuses as well as permanent faculty at each of the three campuses who live and work in the respective regions. INSEAD offers two MBA schedules per year: one starting in September which takes ten months to complete, and a 12-month promotion starting in January for students who want to complete a summer internship. The INSEAD MBA curriculum comprises required core courses and electives. The core covers traditional management disciplines including finance, economics, organizational behavior, accounting, ethics, marketing, statistics, operations management, international political analysis, supply chain management, leadership and corporate strategy. There are 75 electives on offer in areas such as accounting and control, decision sciences, economics and political science, entrepreneurship and family enterprise, finance, and organizational, strategy, marketing, technology, and operations management. Students are required to speak 2 languages upon entry and a 3rd by graduation.
University of Pennsylvania: Wharton
#33.0The Wharton School of the University of Pennsylvania is the business school of the University of Pennsylvania, a private Ivy League university located in Philadelphia, Pennsylvania. Wharton was established in 1881 through a donation from Joseph Wharton and is the world’s first collegiate school of business. The school offers two paths, an MBA for full-time students and an MBA for executives. Students can elect to pursue double majors or individualized majors. During their first year, all students pursue a required core curriculum that covers traditional management disciplines—finance, marketing, statistics, and strategy—as well as the leadership, ethics, and communication skills needed at senior levels of management. Students pick electives in the second year. Wharton MBA students may pursue a dual degree with the Lauder Institute, Johns Hopkins University's Paul H. Nitze School of Advanced International Studies (SAIS), the John F. Kennedy School of Government at Harvard University, or with one of the graduate schools at the University of Pennsylvania. MBA students from the Class of 2016 earn an average first-year salary and guaranteed compensation of $145,400. The MBA program annually receives around 7000 applications for the 850 places in the class. Wharton co-sponsored the Executive Master's in Technology Management Program (EMTM) with the University of Pennsylvania School of Engineering and Applied Science. Graduates received a master of science in engineering (MSE) in the management of technology from the School of Engineering and Applied Science. The EMTM Program ended in August 2014. Wharton is also part of the Wharton-INSEAD Alliance. MBA students from each program can spend one period of study at the partner school, allowing Wharton students access to the INSEAD campuses in both Fontainebleau and Singapore.[61]
Harvard Business School
#43.5Harvard Business School (HBS) is the graduate business school of Harvard University in Boston, Massachusetts, United States. The school offers a large full-time MBA program, doctoral programs, HBX and many executive education programs. It owns Harvard Business Publishing, which publishes business books, leadership articles, online management tools for corporate learning, case studies and the monthly Harvard Business Review. It is home to the Baker Library/Bloomberg Center. The business school pioneered the development of the case method of teaching, drawing inspiration from this approach to legal education at Harvard. Cases are typical descriptions of real events in organizations. Students are positioned as managers and are presented with problems which they need to analyze and provide recommendations on.
London Business School
#54.5The London Business School (LBS) is an international business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees (Master's degrees in management and finance, MBA, Ph.D., and EMBA). LBS is widely considered to be one of the world's greatest business schools and its motto is "To have a profound impact on the way the world does business". The school's flagship programme is its flexible 15–21 month Master of Business Administration degree. MBA students take a prescribed set of core courses then choose from roughly 70 different electives. Class size has been around 400 students in every annual cohort. These are broken into 5 streams of around 80 students who take all core courses together. Beyond academics, the school puts an emphasis on personal and professional development including leadership, global awareness, and business skill building. These developments are facilitated via specialized workshops led by external consultants, students, and faculty. In addition to a range of elective courses at the London Business School, the school has partnerships with around 32 exchange schools around the world. Each academic year around 100 students spends a term at another leading business school.
University of Chicago: Booth
#66.0The University of Chicago Booth School of Business is a graduate business school located in Chicago, Illinois, at the University of Chicago. Formerly known as the University of Chicago Graduate School of Business, Chicago Booth is the second-oldest business school in the U.S., the first such school to offer an Executive MBA program, and the first to initiate a Ph.D. program in business. The school was renamed in 2008 following a $300 million endowment gift to the school by alumnus David G. Booth. The school has the third-largest endowment of any business school. Chicago Booth offers Full-time, Part-time (Evening and Weekend) and Executive MBA programs. The University is also a major center for educating future academics, with graduate programs offering the A.M. and Ph.D. degrees in several fields. The program allows students to structure their own course of study subject to the constraint of a broad set of requirements, unlike some other top-tier business schools, which impose a cohort or learning team system that includes coursework to be completed in a pre-determined order. This gives students the flexibility to construct a program of study that is tailored to their needs and can be as broad or deep as they choose. The only required course for full-time and part-time program students is LEAD (Leadership Effectiveness and Development), which students take in their first quarter for full-time students and within the first four quarters for part-time students. This course focuses on the fundamental skills of leadership: motivating people, building relationships, and influencing outcomes. Students in the full-time program may earn an International MBA, or IMBA, by studying abroad on exchange with another business school, taking certain electives, and by demonstrating oral proficiency in a second, non-native language. The school's Executive MBA program is unique in that students may elect to spend the required residential periods on all three of the school's campuses worldwide (London, Chicago, Singapore, Hong Kong), while also employing the cohort system.
Columbia Business School
#77.0Columbia Business School (CBS) is the business school of Columbia University in Manhattan, New York City. It is one of six Ivy League business schools and is among the most selective of top business schools. The school belongs to the M7 group of elite MBA programs which recognize each other as peers, consisting of Chicago Booth, Columbia, Harvard, Northwestern Kellogg, MIT Sloan, Stanford, and UPenn Wharton. The Columbia MBA Program is highly competitive with an admission rate of 16% for the 2017 entering class. The student body is highly accomplished and diverse. Students in the class that entered in 2009 come from 61 countries and speak more than 50 languages. The revised core curriculum, launched in the fall of 2008, represents about 40% of the degree requirement. It consists of 2 full courses and 12 half-term courses including Corporate Finance, Financial Accounting, Managerial Statistics, Managerial Economics, Leadership, Operations Management, and Marketing Strategy. While the first year of the program is usually devoted to completing the requirements of the core curriculum, the second year provides students with the opportunity to choose from the more than 130 elective courses available at the School and supplement them with more than 4,000 graduate-level classes from the University's other graduate and professional schools. Among the most popular electives at Columbia Business School are the Economics of Strategic Behavior, Financial Statement Analysis, and Earnings Quality, Launching New Ventures, Modern Political Economy, and the Seminar in Value Investing. Columbia Business School has a firm grade non-disclosure policy, stating that students refrain from disclosing specific class grades, GPAs, or transcripts until they accept full-time, post-graduation positions.Students enter Columbia's MBA program in two tracks. The traditional fall term is approximately 550 students, while the January term "J-Term" is approximately 200 students. Students entering in the fall are divided into eight clusters of approximately 65 students that take all first-year core classes together. J-Term students are broken into three clusters. The J-Term is aimed at students who want an accelerated 18-month program who usually plan to return to their previous job, are company sponsored, and will not pursue a summer internship because they take classes during the summer. The recently launched Columbia CaseWorks program utilizes the faculty’s research and industry experience and brings that perspective into the classroom through the development of new cases and teaching materials. Beginning in orientation and continuing through core classes and electives, students are immersed in cases that use faculty research to address real-world business issues. Columbia CaseWorks challenges students to debate corporate decision making and to develop appropriate recommendations and solutions. During their first year, students study and discuss an integrated case that focuses on a single company and is incorporated into several core courses. This encourages students to think about a company holistically, analyzing it from the perspective of various disciplines.
Oxford University: Saïd
#88.0Saïd Business School (Oxford Saïd) is the business school of the University of Oxford. Oxford Saïd is the University of Oxford's center of learning for undergraduate and graduate students in business, management, and finance. With over 500 matriculated graduate students entering each year, it has the largest intake of all graduate business schools in the UK. Undergraduates are also taught as part of the Economics and Management course together with the Economics Department. While business and management courses have been taught at Oxford since 1965, the school of management was re-branded as Saïd Business School in 1996.It is named after its chief benefactor Wafic Saïd, a Syrian-Saudi Arabian billionaire arms dealer, financier, businessman, and philanthropist, who has donated £70 million to date. Saïd Business School offers a one-year full-time Master of Business Administration degree, which enrolls approximately 250 students per year. In the 2013–2014 class of 247 students, 72% of were male and 28% were female with an age range of 23–42 and 6 years of average work experience. The School revamped the MBA programme for the 2014/15 academic year to focus more heavily on three main themes: Entrepreneurship, Global Rules of the Game, and Responsible Leadership. The academic calendar consists of three terms each lasting ten weeks. The first eight weeks are used for lectures. The ninth week is the study week and the tenth week is the exam week. The one-year programme, extended in 2014/15, allows for the additional workload. Each of the three terms is two weeks long and there are three extra weeks of pre-course work at the beginning.
MIT: Sloan
#99.0The MIT Sloan School of Management (also known as MIT Sloan or Sloan) is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts, United States. MIT Sloan emphasizes innovation in practice and research. Many influential ideas in management and finance originated at the school, including the Black–Scholes model, the Solow–Swan model, the random walk hypothesis, the binomial options pricing model, and the field of system dynamics. The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners. MIT Sloan Management Review, a leading academic journal, has been published by the school since 1959. The annual MIT Sloan Sports Analytics Conference attracts leaders from the NBA, NFL, WWE, NHL, Premier League, and Major League Baseball. The curriculum is focused on action learning, which requires that students apply concepts learned in the classroom to real-world business settings. Courses are taught using the case method, lectures, team projects, and hands-on Action Learning Labs. The academic level of coursework is considered extremely demanding by business school standards, with a greater emphasis on analytical reasoning and quantitative analysis than most programs. Academic rigor has a strong influence on the school's culture. The first semester, also known as the core, is often considered the most difficult semester by design. Courses are graded using letter grades and on the standard five-point MIT scale. In its graduate programs, anything less than a 4.0 ('B') average will result in the student not being allowed to graduate. Unlike most business schools, MIT Sloan does not offer any academic honors at graduation, consistent with the practice throughout all of MIT. The philosophy behind this is that the 'honor' is in being an MIT graduate.
University of California at Berkeley: Haas
#1010.0The Walter A. Haas School of Business, also known as the Haas School of Business or Berkeley Haas, is one of 14 schools and colleges at the University of California, Berkeley. The mission of Berkeley Haas is to develop leaders who redefine how we do business. The school's culture is centered around the Berkeley Haas Defining Leadership Principles: - Question the Status Quo - Confidence Without Attitude - Students Always - Beyond Yourself The school is housed in four buildings surrounding a central courtyard on the southeastern corner of the UC Berkeley campus. It was the nation's first business school at a public university and consistently ranks as one of the top ten business schools in rankings published by The Economist, Financial Times, US News & World Report, and Bloomberg Businessweek. The Berkeley MBA Program is a two-year curriculum designed to prepare students for business leadership. In addition to its core curriculum, Haas offers a wide variety of elective courses that allow students to achieve depth and breadth in their chosen fields.[5] Haas also requires MBA students to take an Applied Innovation course such as Haas@Work, a program that sends students to work with executives at major firms like Visa, Cisco, Disney, Panasonic, Clorox, and Wells Fargo. Prospective full-time MBA students may also apply to one of two concurrent degree programs. Haas offers a five-semester MBA/MPH program through the UC Berkeley School of Public Health and a four-year JD/MBA program through the UC Berkeley School of Law or the University of California, Hastings College of the Law. Current students may also apply to a semester-long exchange program with Columbia Business School, Hong Kong University of Science and Technology, IESE Business School, HEC Paris, or London Business School.
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