These are the findings of the latest international B-school ranking conducted by Forbes magazine, which released its fifth bi-annual survey on August 17, 2007. The survey results are based on return on investments (ROI) of graduating students, and show a marked preference for the one-year MBA program.
Apart from Tuck, the other US B-schools in the top five tally are Stanford, Harvard, Darden and Wharton. The survey splits the non-US B-schools into two: those focusing on one-year programs and those focusing on two-year programs. Switzerlands IMD, Frances INSEAD and UKs Cambridge Judge School are the top three institutes offering the one-year program. Australias GSOM, Sauder School in British Columbia (Canada) and Spains Esade are the top three institutes for the one-year MBA. (Seethe listbelow)
Noting the better ROI of one-year programs, Forbes says, Our ranking highlights the appeal of one-year programs. Our survey ranks schools based on return on investment--meaning compensation five years after graduation minus tuition and the forgone salary during school. Each of the top five one-year foreign programs beat out all two-year programs because the opportunity cost, in lost wages, to attend is materially less.
Giving an example, Forbes adds, IMD in Switzerland, which ranked first among such one-year schools, had a median five-year gain of $169,000. By comparison, Dartmouths Tuck School of Business, which tops the list of two-year programs for the second time, had a median five-year gain of $115,000.
The rankings are based on the ROI that graduates of the Class of 2002 received. Forbes sent questions to 18,500 alumni of 102 MBA programs around the world. Twenty-two per cent responded. For the US rankings, only two-year programs were eligible. Forbes asked the alumni for their pre-MBA salaries as well as for the compensation figures for three of the first five years after they got their degrees. Then, the survey compared their post-MBA compensation with their opportunity cost (tuition and forgone salary while in school) and what they would have made had they stayed in their old jobs.
Forbes Top 10 US B-schools 2007:
Darmouth (Tuck)
Stanford
Harvard
Virginia (Darden)
Pennsylvania (Wharton)
Columbia
Chicago
Yale
Northwestern (Kellogg)
Cornell (Johnson)
Forbes Top Non-US One-Year Business Schools 2007
IMD, Lausanne, Switzerland
Insead, Fountainbleau, France
Cambridge (Judge), Cambridge, UK
Instituto de Empresa, Madrid, Spain
Cranfield, Bedford, UK
Forbes Top Non-US Two-Year Business Schools 2007
GSOM, Australia
British Columbia (Sauder), Canada
Esade, Spain
Ceibs, China
McGill, Canada
Source: Forbes.com
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These are the findings of the latest international B-school ranking conducted by Forbes magazine, which released its fifth bi-annual survey on August 17, 2007. The survey results are based on return on investments (ROI) of graduating students, and show a marked preference for the one-year MBA program.
Apart from Tuck, the other US B-schools in the top five tally are Stanford, Harvard, Darden and Wharton. The survey splits the non-US B-schools into two: those focusing on one-year programs and those focusing on two-year programs. Switzerlands IMD, Frances INSEAD and UKs Cambridge Judge School are the top three institutes offering the one-year program. Australias GSOM, Sauder School in British Columbia (Canada) and Spains Esade are the top three institutes for the one-year MBA. (Seethe listbelow)
Noting the better ROI of one-year programs, Forbes says, Our ranking highlights the appeal of one-year programs. Our survey ranks schools based on return on investment--meaning compensation five years after graduation minus tuition and the forgone salary during school. Each of the top five one-year foreign programs beat out all two-year programs because the opportunity cost, in lost wages, to attend is materially less.
Giving an example, Forbes adds, IMD in Switzerland, which ranked first among such one-year schools, had a median five-year gain of $169,000. By comparison, Dartmouths Tuck School of Business, which tops the list of two-year programs for the second time, had a median five-year gain of $115,000.
The rankings are based on the ROI that graduates of the Class of 2002 received. Forbes sent questions to 18,500 alumni of 102 MBA programs around the world. Twenty-two per cent responded. For the US rankings, only two-year programs were eligible. Forbes asked the alumni for their pre-MBA salaries as well as for the compensation figures for three of the first five years after they got their degrees. Then, the survey compared their post-MBA compensation with their opportunity cost (tuition and forgone salary while in school) and what they would have made had they stayed in their old jobs.
Forbes Top 10 US B-schools 2007:
Darmouth (Tuck)
Stanford
Harvard
Virginia (Darden)
Pennsylvania (Wharton)
Columbia
Chicago
Yale
Northwestern (Kellogg)
Cornell (Johnson)
Forbes Top Non-US One-Year Business Schools 2007
IMD, Lausanne, Switzerland
Insead, Fountainbleau, France
Cambridge (Judge), Cambridge, UK
Instituto de Empresa, Madrid, Spain
Cranfield, Bedford, UK
Forbes Top Non-US Two-Year Business Schools 2007
GSOM, Australia
British Columbia (Sauder), Canada
Esade, Spain
Ceibs, China
McGill, Canada
Source: Forbes.com
| Check Top MBA Colleges in India by Cities | | |
| Also Read Important Articles on MBA Admission | ||
| Top MBA Colleges in India | MBA Admission | MBA Entrance Exam |
| MBA Placements | MBA Ranking In India | GD Topics |
Dartmouth-based Tuck School of Management is the top US-based management school; Switzerlands IMD offers the top one-year non-US MBA program; and Australias Graduate School of Management (GSOM) offers the top non-US two-year MBA program.