In the wake of the economic downturn that has suddenly half-swallowed up the global market, MBA programs, as an investment option more than an educational asset, tops the priority list for most of the students & professionals these days. Above and beyond the just-out-of-college grads and young recruits, today, the experienced workforce, too, is flocking to the security of an MBA degree. Undergrad office-goers are facing tough times & believe that by arming themselves with an MBA from a reputed university, a high-paying job would be in the bag. Looking at the surge in the interest in B-schools, let's take a tour of the best international B-schools in the world.
(Based on my tinkering around with mba programs, regardless of whether I am gonna make it or not in any of these, I have consolidated the info in a post...hope this helps!)
Harvard Business School: The most popular name in edification, its century-old standards continue to inspire awe. The unique case-study method of teaching, an alumni base that consists of business leaders around the world and the exceptional research puts Harvard a brand apart.
Wharton (University of Pennsylvania): Founded in 1881, it’s the first collegiate business school in the world. With the largest faculty in the world, unparalleled flexibility in courses, an 80,000+ alumni base strewn in 140 countries and a neighbourhood of Washington DC and Boston to boast of, “the Wharton MBA” can definitely take you places you never dreamt of.
Chicago Booth (University of Chicago): Ranked as the top B-school in the U.S. by Business Week for 2 consecutive years, Chicago Booth has a first-rate faculty, go-getting students and heavy academics as its hallmarks.
Queen’s School of Business (University of Canada): Twice number one non-U.S. B-school, Queen’s the first preference among scientists, researchers and engineers, its USP being collaborative effort by the students, personal attention and intensive workload.
Kellogg School of Management (Northwestern University): Set to complete a century of imparting knowledge, Kellogg has a distinctive culture of competitive educational system and has produced world-class business leaders like the CEO of Hershey Co. & the MD of Google India to name a few.
Richard Ivey School of Business (University of Western Ontario), Canada: Holistic approach to studies, inclusion of real-world situations, extracurriculars, & plenty of old pupils help in the job hunt.
Ross School of Business (University of Michigan): With a fun-loving & high-spirited student culture, it has one of the highest jumps from pre-MBA to post-MBA pay.
IMD (International Institute for Management Development), Switzerland: A succinct program for those already well-conversant with business skills, with individual coaching as its key point.
London Business School, England: International locale, unique programs, strong partnerships with other global B-schools, a strong alumni network and an MBA akin to that in the U.S. make it an ideal choice for an MBA in Europe.
IE Business School, Madrid: Convivial hospitability by the Spanish, programs of international appeal and a monetary leap post-MBA has it one of the top choices of late, albeit the language barrier.
Stanford University, California: Vicinity to Silicon Valley, small classes, students from diverse backgrounds are the major appeals.
INSEAD, France: Has the most demanding programs typical of the French, but the most diverse student body at the same time.
Rotman School of Management (University of Toronto): A favourite among finance grads, but not for someone looking for a change in the line of business.
MIT Sloan School of Management, Cambridge, Massachusetts: Idyllic for techie grads and entrepreneurs, stresses on quantitative legerdemain.
Columbia Business School, NY: Proximity to Wall Street, visits to i-banks (before their collapse) & a high focus on finance are the points worth mentioning.
Haas School of Business (University of California-Berkeley): Pluses similar to Stanford, though percentage of applicants accepted is quite low relative to other B-schools of the same repute.
Fuqua School of Business (Duke University): Zealous instructors and hard-core teamwork milieu are the pluses.
ESADE, Barcelona: High teacher-to-student ratio and cultural development are the aspects attractive to it. Indifference shown by the college for placements is criticized a bit.
IESE Business School (University of Navarra), Barcelona: A sense of community to the Spanish culture, small-size classrooms and an environment conducive to study are the only reasons why it scores high marks.
Johnson School of Management (Cornell University), NY: Taxing curriculum with strong alumni association, though the high fees & location does hurt some.
Tuck School of Business (Dartmouth College): Supportive faculty and the bucolic setting make it very attractive.
Said Business School, Oxford University: Attention on liberal arts and freedom to attend non-MBA classes on the campus are much admired.
Stern School of Business, NY: Shares qualities identical to Columbia Business School, popular for i-banking.
HEC School of Management, Montreal: Mostly for those grads in a haste to complete their MBA, but it’s cost-effective program is truly a bargain.
Darden School of Business (University of Virginia): Case-study method of learning is very effectual.
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