Seattle Pacific University Ranked as a ‘Best National University’
For the first time, Seattle Pacific University was ranked by the U.S. News and World Report’s Best National Universities list. 2016 was the university’s first eligible year, and Seattle Pacific was the only private university in the Pacific Northwest to make the list. The ranking was big news for SPU, which joined the University of Washington and Washington State University as the only three schools in Washington state. Continue reading…
London Business School Leads 2016 Bloomberg BusinessWeek International MBA Rankings
London Business School (LBS) climbed to the very top spot on Bloomberg BusinessWeek’s ‘Best International Business Schools of 2016‘ list, released yesterday, up a notch from last year’s second-place showing. INSEAD, which has campuses in France, Singapore and Abu Dhabi, followed right behind, inching up from number three last year to second place this year. The United Kingdom’s other powerhouse business schools, Oxford’s Saïd Business School and Cambridge’s Judge Business School, fell in line at third and fourth respectively, representing a three-spot jump for Saïd over last year and a four-spot jump for Judge. Spain’s IESE also experienced gains year over year, sidling up two spots from last year’s seventh place to round out this year’s top five.
But as some schools inched up, others fell—most notably Western University’s Ivey Business School in Canada, which plummeted from the number one spot last year to 10th in 2016. Spain’s IE Business School and Switzerland’s International Institute for Management Development (IMD) each slipped two spots, to sixth and seventh this year. But Italy’s SDA Bocconi School of Management sauntered up four spots from 12th last year to land comfortably within the top 10 this year, at number eight. And Melbourne Business School has perhaps the most cause for celebration. The Australian school shot up a whopping 14 places to come in at number nine.
Like Bloomberg BW’s U.S. MBA rankings, released last month, its international MBA rankings are compiled using a methodology that assesses schools based on five factors: a survey of MBA recruiters, weighted at 35 percent; an alumni survey, weighted at 30 percent; a survey of the 2016 graduating class, weighted at 15 percent; the school’s placement rate, weighted at 10 percent, and the starting compensation for the class of 2016, weighted at 10 percent.
What this means, as the magazine points out, is that “it’s possible to rank highly without knocking every category out of the park.” Case in point, INSEAD came in second overall even though it ranked a meager 25th (out of 31) for job placement. (Bloomberg BW measures job placement as the percentage of graduates who land full-time employment within three months of graduation out of those seeking it—the figure reported by INSEAD was 81.6 percent, compared to an average 85.9 percent among all schools).
In terms of pay growth enjoyed by graduates of the 31 schools included in Bloomberg BW’s list, students came in at an average salary of $50,000, jumped to an average starting salary of $90,000 for their first job out of school and reported an average salary of $141,750 six to eight years out from graduation. The average MBA debt taken on by graduates across all ranked schools, meanwhile, was $40,000.
At a glance, here are the top 10 best international MBA programs in 2016 as ranked by Bloomberg BW:
- London Business School
- INSEAD
- Oxford (Saïd)
- Cambridge (Judge)
- IESE
- IE
- IMD
- SDA Bocconi
- Melbourne
- Western (Ivey)
As always, those of us here at MetroMBA encourage applicants to use rankings as just one of many means of evaluating which MBA program is the best fit to their individual needs and goals.
This article was republished with permission from Clear Admit.
Businessweek Ranks Smith Among Nation’s Best Full-Time MBA Programs
Bloomberg Businessweek released its annual ranking of the best U.S. full-time MBA programs last week. While there were some surprising changes in the 2016 rankings, the Robert H. Smith School of Business was given the same ranking by the publication for 2015, coming in at 33rd overall in the U.S. Continue reading…
SMU Cox Full-Time MBA Rises in Global Ranking
The Southern Methodist University—Cox School of Business recently rose several points in a ranking of top full-time MBA programs in the world, ranking 66th overall.
2 Toronto Schools Made The Economist Full-Time MBA Ranking
Three Canadian MBA programs made it onto the Economist full-time MBA ranking for 2016. And out of those three programs, two are Toronto Schools: the Schulich School of Business at York University and the Ivey Business School at Western University (ranking 56th and 59th respectively). Continue reading…
Foster Ranked Top 20 for Entrepreneurship by Princeton Review
University of Washington’s Foster School of Business has always quietly been one of the top school’s in the world. The Economist recently ranked it as the world’s 32nd best full-time MBA program, and then Princeton Review ranked its graduate program as the 16th best school for entrepreneurship. Continue reading…
