The ranking fever continues. After a number of recent rankings have put forward the usual
suspects as the best universities worldwide, The Economist now published its list of the best MBA programs.
Unsurprisingly it is mostly dominated by US institutes.
Nevertheless, there are even two Dutch programs making it into the
Top 100.
Two U.S. programs top of the ranking, Dartmouth College (Tuck
School of Business) and University of Chicago (Booth School of
Business), followed by a Swiss one, IMD (International Institute
for Management Development). In the Netherlands, the Rotterdam
School of Management from Erasmus University (place 67) and the
TiasNimbas Business School from Tilburg University (place 93) fare
best.
Salary increase between 38% and 150%
The ranking was built by the economist based on a first
selection of business schools and a subsequent two-stage survey
carried out among students and alumni. This year a total of 17.700
students and graduates all over the world participated (see methodology).
MBA programs could perform on four categories, namely: opening
new career opportunities (35%), personal development/educational
experience (35%), increasing salary (20%) and potential to network
(10%). Data was also collected regarding the profile of the program
(costs, duration, teacher personnel) and those of its students
(work experience, employment success).
The data shows that an MBA education remains an expensive, yet
lucrative extra to many CEO's to be. Tuition fees for the Top 15
programs ranged between $93.450 and $129,600, while salaries
increased upon graduation between 38% and 150%.