TORONTO, October 16, 2009 -- Today's international print edition of the prestigious Economist magazine ranks 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 Kellogg, MIT, Columbia and INSEAD, and just behind Wharton, London Business School and Stanford. Schulich ranked 7th among North American schools, 6th in the world among non-US schools, and #1 among Canadian schools.
This marks the first time that the ranking has been published under The Economist brand. (The survey was previously managed and published by the Economist Intelligence Unit, the business research arm of the magazine). This year's ranking will be published in tomorrow's October 17-23 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 2nd 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 5th in the world in the category of recruiter diversity (the number of industries represented by recruiters who hire Schulich graduates).
· Schulich ranked 6th 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; 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% of the survey and 80% is based on quantitative data such as average GMAT scores and average post-graduation salaries. To view the complete results, please visit: http://www.economist.com/business-education/whichmba/
“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. "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."
About Schulich
Known as Canada’s Global Business School™, the Schulich School of Business in Toronto is ranked among the world’s leading business schools by a number of global surveys. Schulich’s MBA program is ranked #1 in Canada by The Wall Street Journal, Forbes, The Economist (EIU), Expansión (a Time Warner publication) and the Aspen Institute (a US-based business think tank), and its EMBA program is ranked #1 in Canada by the Financial Times of London. For complete ranking details, please visit www.schulich.yorku.ca.
Global, innovative and diverse, Schulich offers business programs year-round at two Toronto campuses — its new state-of-the-art complex on York University’s main campus and its downtown Miles S. Nadal Management Centre located in the heart of the city’s financial district. The School operates representative offices in Beijing and Shanghai, China; Mumbai, India; Seoul, South Korea; and Moscow, Russia. Schulich offers undergraduate, graduate and postgraduate business degrees that lead to careers in the private, public and nonprofit sectors, and has over 21,000 alumni working in over 90 countries. Schulich pioneered Canada’s first International MBA (IMBA) and International BBA (iBBA) degrees, as well as North America’s first ever cross-border executive MBA degree, the Kellogg-Schulich Executive MBA. Schulich’s Executive Education Centre provides executive development programs annually to more than 16,000 executives in Canada and abroad.
Contact: Elayne Shapiro, Schulich Media Relations at (416) 736-5546.
