Published by Afterschool.my on Jan 31, 2017, 02:50 pm
A masters of business administration, also known as MBA, qualification has become extremely popular and had attracted students from all walks of life over the years. The numbers of MBA graduates have also been overwhelming in recent years which increased the competition among MBA holders for job postings and provided employers with a larger and a diverse pool of skills to select from.
However, not all MBA qualifications are created equal. Depending on the institution providing MBA courses, the value of someone’s MBA may vary. Harvard Business School is one of the most prestigious institutions in the world, however, it has dropped to 4th place followed by the University of Cambridge: Judge at 5th place, according to the Financial Times Global MBA Ranking for 2017.
But who is the number 1 MBA provider globally? This title goes to an institution of French origins, INSEAD. This is the second consecutive year for the institution to win such an astounding title.
|Rank in 2017||School|
|2||Stanford Graduate School of Business|
|3||University of Pennsylvania: Wharton|
|4||Harvard Business School|
|5||University of Cambridge: Judge|
Source: Financial Times
INSEAD’s exceptional score in the key criteria for ranking which included value for money of the MBA, salaries and career progress of the holders, international diversity, rate of male to female faculty members and students, and research, gave the institution the number 1 ranking for the second year.
INSEAD is the first school with a one-year MBA programme to earn this title in the history of the Financial Times rankings.
“We are honoured that our MBA programme ranks #1 again this year,” said INSEAD Dean Ilian Mihov, “This recognition is a testimony to the efforts and accomplishments of our entire INSEAD community: our successful alumni, our world-class faculty and exceptional staff who deliver a transformational MBA experience for all students. We are grateful to our dedicated alumni, donors and friends around the world, whose contributions and expertise take our school to even greater heights.”
“We are especially proud of our alumni, a diverse group of value-driven business leaders and entrepreneurs who make a difference and change the world every day.”
The institution prides itself with a massive network of alumni with more than 52,000 representatives from 156 nationalities.
“We are humbled to be recognised as the leading MBA programme in the world for the second consecutive year,” said Urs Peyer, INSEAD Dean of Degree Programmes. “Bringing together talented people from all over the world creates a unique learning and networking environment. It is inspiring to see that the success of our alumni and impact of our research led to this outstanding result.”
The complexity of the world and business environment and the rapid change demand that the classroom is not only focused on analytical skills but incorporate new approaches to the global challenges. INSEAD will roll out a new MBA curriculum this year that offers students more personalised learning path including leading edge digital start and a culminating capstone project.
INSEAD’s top ranking doesn’t stop at the MBA ranking, but it extends to their EMBA programme as it is the highest single-school programme in the “FT EMBA ranking 2016”. INSEAD is the only school in the world to have two EMBA programmes ranked in the top five.
These achievements add to the list of accolades that INSEAD has gathered, including being recognised by Forbes as “the highest return on investment” MBA programme in the world.
The institution dates back to 1957 and has introduced its first MBA intake in Fontainebleau and continues to offer a truly global educational experience. INSEAD campuses are available in France, Abu Dhabi, and Singapore. There are 145 renowned faculty members from 40 countries to inspire 1,400 students in their degree and PhD programmes. Additionally, the institution has more than 11,000 participants in the institution’s executive programmes each year.