economist mba

Making the right choice of executive education

George Bickerstaffe

20th anniversary edition

The Economist Intelligence UnitThe Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For over 60 years it has been a source of information on business developments, economic and political trends, government regulations and corporate practice worldwide.The EIU delivers its information in four ways: through our digital portfolio, where our latest analysis is updated daily; through printed subscription products ranging from newsletters to annual reference works; through research reports; and by organising conferences and roundtables. The firm is a member of The Economist Group.

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vWhich MBA? © The Economist Intelligence Unit Limited 2007

Contents

Acknowledgements xi

Preface xiii

Part 1: Choosing a programme

Chapter 1 The MBA: riding out a storm 3 The MBA job market 3

Chapter 2 What you’ll learn—core and elective subjects 7 The core 7 Elective subjects 8 Employers and core and elective subjects 9 Teaching methods 9

Chapter 3 What you’ll learn—soft skills 13 Approaches to soft skills teaching 13 In-company projects 14 Using practising executives 15

Chapter 4 Different ways of taking the MBA 17 Full-time MBAs 17 Part-time MBAs 20 Executive MBAs 23 Distance-learning MBAs 25

Chapter 5 What you need to be an MBA 29 Qualifications 29 Work experience 29 The GMAT and other admissions tests 30 The admissions process 32 Application forms, references, essays and interviews 34 Paying for your programme 36

Chapter 6 Other options 39 Masters in Management 39 Specialised masters’ programmes 41 Specialised MBAs 42

vi Which MBA? © The Economist Intelligence Unit Limited 2008

Contents

Chapter 7 Top 10 considerations in choosing a business school 43 Programme 43 Faculty 44 Culture 46 Size 46 Facilities 46 Careers services 47 Internationalism 48 Location 50 Cohort 51 Accreditation 51

Part 2: Rankings and directory

Chapter 8 Full-time rankings 57 Why rank? 57 How is the Economist Intelligence Unit ranking different? 57 How did we choose which schools to rank? 59 Results 60 Regional round-up 64 Methodology: full-time MBA ranking 68

Directory Using the directory 73 List of schools 75

Appendix: Comparative tables Comparative data, full-time programmes 322 Comparative data, part-time programmes 328 Comparative data, distance-learning programmes 330 Comparative data, executive MBA programmes 332 Exchange rates 336

List of advertisers 337

viiWhich MBA? © The Economist Intelligence Unit Limited 2008

Contents

List of figures

5.1 Average GMAT scores (top ten schools), 1998–2008 31

List of tables

1.1 Average starting salaries of recent MBA graduates 3

1.2 Average starting salaries of recent graduates from selected schools 4

1.3 Industry sectors recruiting graduates from the most recent graduating full-time MBA class 5

4.1 Why did you decide to study for an MBA degree? (full-time students) 17

4.2 Accommodation costs around the world, 2008 19

4.3 Why did you decide to study for an MBA degree? (part-time students) 21

4.4 Part-time students sponsored by their company 21

4.5 Length of time part-time sponsored students agreed to stay with their company 21

4.6 Part-time tuition fees at selected schools 22

4.7 How did you choose the school where you are taking or took your MBA? (part-time students) 23

4.8 Why did you decide to study for an MBA degree? (executive MBA students) 23

4.9 Executive MBA students sponsored by their company 24

4.10 Length of time executive MBA sponsored students agreed to stay with their company 24

4.11 Why did you decide to study for an MBA degree? (distance-learning students) 26

4.12 How did you choose the school where you are taking or took your MBA? (distance-learning students) 27

5.1 Average number of years’ work experience of full-time MBA students by region 30

5.2 Average GMAT scores of students by region 31

5.3 Average GMAT scores of students by region, selected schools 31

5.4 How difficult was it to get into your school? 32

5.5 How students finance their MBA programmes 36

7.1 How did you choose the school where you are taking or took your MBA? 43

7.2 Student and graduate ratings of programme content 44

7.3 Student and graduate ratings of faculty 44

7.4 Student and graduate ratings of back-up and facilities 47

7.5 Student and graduate ratings of careers service 48

7.6 Schools by percentage of foreign students 48

7.7 Foreign students by region 49

7.8 Student and graduate ratings of internationalism 49

7.9 Schools by percentage of foreign faculty 50

viii Which MBA? © The Economist Intelligence Unit Limited 2008

Contents

7.10 Foreign faculty by region 50

7.11 Student and graduate ratings of quality of student body 51

8.1 Why schools could not be ranked 59

8.2 Global ranking, 2008 60

8.3 Top ten schools by category 63

8.4 North American schools by rank 64

8.5 European schools by rank 66

8.6 Asian and Australasian schools by rank 67

8.7 Proportion of responses required from students and recent graduates 68

8.8 Summary of ranking criteria and weightings 69

All this space and nowhere to hide.

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To book your place or for more informationcall: +44 (0) 1442 841483 | visit: www.ashridge.org.uk/mba-which | email: [email protected]

Set in over 150 acres of English parkland – just a half hour journey from London –Ashridge has all the space you’ll need to prepare for future leadership. Yet, for a world-class business school, we offer a surprisingly intimate learning experience. In a class of just 30 experienced professionals, you can expect high levels of personal participation and individual attention from your tutors. There’s nowhere to hide.

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EMPLOYMENT We have a strong record ofplacing our students in leading corporationsand public sector institutions across the globe.

CONNECTED TO BUSINESS Many senior executives visit the School each semesterthrough our CEO, Entrepreneurs, CorporateResponsibility and Real Estate forums.

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xiWhich MBA? © The Economist Intelligence Unit Limited 2008

We would like to thank all the business schools that filled in our lengthy questionnaire and encouraged their students and graduates to complete the separate questionnaire designed for them. Thanks, too, to those schools that made available for interviews their faculty, administrators and students during our editorial visits or took the time to visit the Economist Intelligence Unit offices in London. Lastly, we are grateful to all the students and graduates who contributed valuable comments on schools and programmes.

Acknowledgements

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Do your MBA where the world does business

xiiiWhich MBA? © The Economist Intelligence Unit Limited 2008

Welcome to the 2008 edition of Which MBA? which marks 20 years of the Economist Intelli-gence Unit’s guide to the best business schools around the world.

The first edition was published in 1990 as one of a series of The Economist Publications “Spe-cial Reports”, and Which MBA? has appeared, in various forms, every year since then. In that time it has tracked and reported on the many ups and downs in the fortunes of the MBA degree and business schools generally.

At the time it first appeared the MBA market was very different from what it is today. The MBA was not widely known as a qualification and business schools, even those we now think of as world leaders, were often little more than adjuncts to universities or rather exotic “stand-alone” institutions.

The guide was designed to fill a gap. Information about business degrees and business schools was hard to come by in that pre-Internet age and there were certainly no “rankings”. (The Economist Intelligence Unit first ranked the top 100 schools in the world in 2002 in the 14th edition, although it had for some years collected and published key data without going as far as ranking programmes.) Today there is a proliferation of information but Which MBA? still leads the way as the most comprehensive and authoritative guide to MBA programmes.

As in previous editions, this guide contains the Economist Intelligence Unit’s ranking of the 100 best full-time MBA programmes offered around the world as well as descriptions of over 100 business schools, details of part-time, executive and distance-learning MBA programmes, data on faculty size, student intake, facilities, admission requirements and deadlines, tuition fees and likely accommodation costs, and an outline of each school’s history, present philoso-phy and future plans. For an interactive version of the rankings, visit www.which-mba.com.

The introductory chapters include a general overview of the MBA, including a look at the cur-rent state of the degree, what employers are looking for in graduates, the state of the job market and how business schools are responding to change. They also describe the different ways of taking an MBA—full-time, part-time, executive, distance learning—with a discussion of what each involves and their pros and cons. What to look for in choosing a particular MBA pro-gramme or business school and the onerous admissions process are also explained.

We hope you find these pages informative and, above all, useful. We wish you success in deter-mining which MBA is right for you.

George BickerstaffeAugust 2008

Preface

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1Which MBA? © The Economist Intelligence Unit Limited 2008

Part 1

Part 1Choosing a

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Part 1

Chapter 1

The MBA: riding out a storm

In the 20 years since Which MBA? was launched the MBA degree has seen many ups and downs, many booms followed by inevitable busts. Through it all the MBA has proved itself remarkably resilient, capable of adaptation and reinvention, matching its structure and the skills it teach-es to the demands of the time.

At the moment it is going through yet another turbulent period as the global credit crunch and rising oil prices have forced recruiters to scale back hiring plans. However, yet again this does not—as yet at any rate—seem to have dented enthusiasm for the MBA, among either potential students or recruiters of MBA graduates.

The number of GMAT tests being taken (always a good proxy of interest in taking an MBA since almost all business schools require it) in the first five months of 2008 rose by 11% compared with the same period in 2007.

The MBA job marketThe job market for current MBA graduates also looks bright. In the Economist Intelligence Unit’s 2008 survey of business schools for Which MBA?, careers offices helped place, on aver-age, 90% of their students in jobs within three months of graduation; and over half of the stu-dents we surveyed had received more than one firm job offer.

Despite rising tuition fees, the MBA still offers a more-than-reasonable return on investment. Graduates on full-time programmes can expect a basic salary increase of 83% compared with their pre-programme jobs. The average basic salary of a full-time graduate at the schools we surveyed was US$93,972—a rise of almost 10% compared with last year. In Europe, where stu-dents tend to have more work experience, the average salary broke the US$100,000 mark. Even in North America, which has seen a swathe of job cuts in the financial services sector—a key recruiter of MBAs—salaries were holding up well, with many schools reporting steady increases on last year.

Table 1.1Average starting salaries of recent MBA graduates

Salary, US$ % increase on pre-MBA salary

World 93,972 83

Asia & Australasia 74,864 94

Europe 106,733 85

North America 89,132 80

4 Which MBA? © The Economist Intelligence Unit Limited 2008

Chapter 1 The MBA: riding out a storm

Part 1

Table 1.2Average starting salaries of recent graduates from selected schools

School Salary, US$ % increase on pre-MBA salary

Asia & Australasia

Macquarie 121,719 39

Otago 112,464 64

Melbourne 98,424 139

Monash 95,833 40

Curtin 95,167 28

Hong Kong UST 78,307 139

Queensland 71,983 79

Indian Institute (Ahmedabad) 59,879 n/a

Japan 59,443 179

Hong Kong SB 57,727 102

North America

Harvard 115,000 111

Pennsylvania (Wharton) 110,550 62

MIT (Sloan) 107,990 58

Dartmouth (Tuck) 107,406 78

Columbia 107,265 55

Northwestern (Kellogg) 104,100 55

Chicago 103,219 49

California at Berkeley (Haas) 101,859 57

Virginia (Darden) 100,575 55

New York (Stern) 100,376 65

Europe

Ashridge 209,000 246

Henley 156,000 21

Warwick 134,200 109

HEC Paris 132,940 105

IMD 130,000 64

Oxford (Saïd) 130,000 58

Audencia (Nantes) 127,500 41

City (Cass) 127,290 76

UC Dublin 123,288 48

Strathclyde 120,000 33Note: Guaranteed base salaries of graduates. Increase compared with pre-MBA salary. Local currencies converted using average exchange rates for 2008: US$1 = A$1.2, €0.73, HK$7.80, £0.5, NZ$1.36, Rs41.35, S$1.51, ¥117.76.



Part 1

Where the jobs are and where graduates want to go

Not that salary is the be-all and end-all for MBA graduates. They are typically more likely to consider things such as career or personal development than merely remuneration. They are also becoming more inclined to put a greater emphasis on issues such work–life balance or a company’s ethical background. One way that this can be seen to manifest itself is in the number of schools that are placing students in not-for-profit organisations—80% in our most recent survey. Impressive though this is, as Table 1.3 shows it is still well below the more trad-itional recruiters, such as consulting or finance.

Table 1.3Industry sectors recruiting graduates from the most recent graduating full-time MBA class

Sector %

Consulting, professional services 98.3

Banking, finance 96.6

Technology, media, telecommunications 94.1

Industry, engineering, manufacturing 93.3

Consumer, retail 91.6

Pharmaceuticals, healthcare 87.4

Non-profit, public sector 79.8

Entertainment, publishing 63.0

Are recruiters happy hirers?

The relatively benign jobs outlook for MBA and other business graduates reflects widespread employer satisfaction with MBA recruits. Employers are said to especially value business school graduates for their management knowledge and communications skills as well as the technical and quantitative skills typical of MBA graduates.

Recruiters point to experience with earlier MBA hires to back up their sense that the MBA is a valuable credential worth paying for. A survey by the Graduate Management Admission Council found that the majority, 83%, said they were very or extremely satisfied with employees who have MBAs. Nearly all the employers said they strive to provide challenging and interesting assignments in an effort to retain the people they hire.



Part 1

MBA: A brief history Though often thought of as a “modern” phenomenon and frequently associated with the heady days of the 1980s boom and the dotcom crash of the late 1990s, the MBA is an old qualification.

It first appeared in the US over 100 years ago, developing from the accounting and book-keeping courses introduced as the country lost its frontier image and began to industrialise. It was modelled on the standard American two-year postgraduate academic programme and most students enrolled straight after taking a first degree. This model won rapid acceptance and spread quickly.

However, half a century later, MBA programmes were being attacked for a lack of academic rigour and poor relevance to business issues. Two damning reports appeared in 1959, condemning American graduate management education as little more than vocational colleges filled with second-rate students taught by second-rate professors who did not understand their fields, did little research and were out of touch with business.

Business schools responded rapidly, raising both their admissions and teaching standards and establishing the now well-known American emphasis on academic research. The overall effect was the creation of the classic American MBA model: a first year of required “core” courses to provide a grounding in the basics of management, and a second year of electives to allow specialisation or deeper study.

At the same time, interest in management education was growing in Europe, especially in the UK, which was looking for an antidote to its economic and industrial decline. Business schools, intended as “centres of excellence” and modelled closely on American schools, particularly Harvard, were created within the universities of London and Manchester. The result was not greeted with enthusiasm. It has long been argued that the UK was wrong to copy a system that was then fairly new and was itself a response to particularly American problems. The insistence on an academic regime meant that business schools might ignore the contribution that business itself could make. This division of opinion between academic and industry-leaning business schools continues today.

Not all institutions in Europe copied the American model. IMD, INSEAD, Henley and Ashridge were all started by groups of companies to provide management training. In France, the local and regional chambers of commerce played a big part in establishing and supporting business schools.

The early 1990s saw a new wave of criticism of MBA programmes, this time focused on a supposed lack of relevance to modern business. The MBA was said to be too academic, too theoretical and divorced from real-life business practice. MBA graduates were criticised for adopting an analytical and quantitative approach to business issues when companies needed managers with more diffuse skills, such as leadership. Faculty were said to lack business experience and to be more interested in research than in providing business solutions.

If anything, this criticism has intensified during the early years of the 21st century. It has led schools, particularly in North America, to make further changes to the MBA programme design and curriculum, adding courses on so-called “soft skills” such as communications, leadership and interpersonal relations.

Other factors are also driving change. Recruitment of MBA graduates by management consultants and financial services has been in decline for some years and there has been a need to develop other job markets. The globalisation of business has made many of the MBA programmes in the US (where business schools were busy satisfying a huge domestic demand) look increasingly parochial. US schools also face increased competition from their European counterparts, which, because of the international nature of European society and the closeness of most schools to industry, are already meeting some of the criticisms.


Part 1

Chapter 2

What you will learn—core and elective subjects

MBA programmes generally break down into “hard” and “soft” skill sets. Chapter 3 looks at how soft skills (such as negotiation, communication and leadership) are taught. This chapter exam-ines the “harder” topics such as functional subjects and analytical tools.

The coreIn most programmes hard topics are split into two groups: required courses, usually known as the core, that nearly all students must take; and elective, or optional, subjects that students can follow because they have a particular interest or career ambitions. The core is studied early in the programme and electives later.

However, these are changing times for the MBA, and the traditional core is under pressure. As outlined in more detail in Chapter 3, recruiters now assume that the hard subjects are well taught and their real interest is in students’ competence in the more hard-to-define soft skills, and that the real differentiator between schools is their ability to design and deliver these. As a result there are now almost as many soft skill subjects included in the core.

In contrast, hard subjects are coming to be seen almost as a “commodity”—fairly standardised and taught equally well in most business schools. However, while the core is far from a defini-tive list of hard subjects, there is a general consensus on what it should contain. It reflects the original aim of the MBA degree, which was to give students an overall understanding of the many functional areas of a business so they could become good general managers. Although they may have different names and some may be bundled together, the subjects are generally those described below.

Financial accounting

Financial accounting provides students with the technical skills needed to obtain economic and financial information about a company from publicly available sources such as annual accounts. Students learn how to process this information and act accordingly. Generally, the subject is taught from the perspective of users of the information, not its preparation by quali-fied accountants and auditors.

Managerial accounting

Managerial accounting covers the use of accounting data for management decision-making. This includes areas such as budgeting, product costing, performance evaluation and transfer pricing (the costs attributed to goods and services sold within a multinational organisation, particularly across borders). There is also usually a special emphasis on incentives such as executive bonuses and the tax implications of various actions.


Chapter 2 What you will learn—core and elective subjects

Part 1

Finance

Finance is the core of the core. The main aim is to teach the various financial tools that are available to monitor, control and project a firm’s performance. Areas covered include forecast-ing techniques based on financial statement and ratio analysis, debt levels, capital structures, discounted cash flow and the cost of capital.

Human resource management

HR (as it is universally known) covers the role of human resources policy as part of the strategic planning framework of a company. Specific topics include recruitment and selection, promo-tion, career development, performance-based evaluation and compensation policies.

Information management

Information and communications technology (ICT) plays a key role in many business functions. This course generally looks at the issues involved in managing ICT, particularly choosing the right technologies for particular applications and business needs.

Macroeconomics and microeconomics

Now often called managerial economics, this course deals with the interaction of a company and its economic environment. Topics covered include supply and demand theory, market envir-onments and the structure of markets.

Marketing

This course covers the basic principles of the marketing function. Topics usually include mar-keting planning, situation analysis, segmentation, targeting, positioning, the marketing mix and relationship marketing.

Organisational behaviour

Organisational behaviour (one of the softer of the hard subjects) provides an understanding of how an organisation works and the behaviour of groups and individuals within it. Topics cov-ered include group culture, managing performance, developing a corporate vision and design-ing effective organisations.

Operations management

This course examines how to establish the processes that create a company’s products and services. It also looks at ways of increasing competitiveness in terms of cost, speed, quality, innovation, flexibility and dependability.

Strategy

This course looks at how to develop the analytical tools needed to create successful strategies. These include analysing an organisation’s competitive environment and learning how firms develop and sustain competitive advantage over time.

Elective subjectsAt some business schools, particularly in Europe, core courses make up the bulk or even the whole programme. But in the longer two-year programmes, especially in the US, elective courses are an integral part of the programme that students must complete.



Part 1

In the past, elective courses made up the second year of a two-year programme. But they are now increasingly being brought forward into the first year (another pressure on the tradi-tional core programme). This is mainly so that students who want to change their careers can gain some knowledge of their preferred subject before beginning the all-important internship between the first and second years, when most permanent job offers are made.

The ability to take an in-depth specialisation means that MBA programmes of this sort can be heavily customised to a student’s own interests. However, students should be aware that busi-ness schools can sometimes be fickle about their elective offerings. The subjects offered may vary from year to year (elective courses are often used to try out new ideas or reflect the inter-est of a particular faculty member). Some electives may only be offered if there is enough stu-dent demand and popular electives may be oversubscribed. Some schools, especially in the US, have a bidding system to allocate places on as fair a basis as possible.

You should make sure you know what a school’s policy on electives is since these courses can have an important impact on career prospects. Whether you want to take a wide range of electives or specialise in one area, both the extent and the number of electives offered are important, as is a school’s willingness to add extra classes if a particular subject becomes over-subscribed.

Employers and core and elective subjectsThe design of core and electives courses offered by business schools is closely linked to the needs of MBA recruiters. According to the 2007 Corporate Recruiters Survey by the Graduate Management Admissions Council, academic achievement (acquired technical or quantitative skills, strong academic success and specialisations or concentrations of study) is one of the three key factors in hiring recent MBA graduates. The other two are leadership potential (as shown by an applicant’s years of work experience, taking on increased job responsibilities, leading teams and managing people) and prior work experience.

Employers say that an “ideal” hire with a graduate business degree should have on average five years of work experience, be ready to accept an entry-level position, and rise up in the com-pany by deepening their understanding of the business and proving managerial competency. In other words, the “dream job” might better serve as a long-term goal to be reached gradually by making and implementing daily decisions (rather than throwing out big ideas); effectively managing a small team (rather than developing company-wide principles of workforce man-agement); and, lastly, through getting the work done and positively affecting the company’s bottom line.

In addition, according to the survey, employers look for candidates with good job-hunt-ing skills. “MBA degrees do not exempt applicants from proper résumé preparation, e-mail follow-ups using perfect grammar and thorough research about the hiring companies before their interviews.”

Teaching methodsThe MBA is different from other academic qualifications in that it is part academic and part vocational and covers a wide range of subjects. The method of working is also different, a mix of noisy classroom debate, intense individual reading and small-group working. All this takes place in an atmosphere of high pressure caused by heavy workloads.



Part 1

Three main methods of teaching are used in addition to traditional lectures: case studies (the method was adopted from law schools, hence the name); project work (undertaken outside the school); and group work (usually in sets of 3–6 people). Some schools use a mixture of all methods, some use only one or two and a few rely exclusively on the case method. But what-ever the mix there will be a lot of group working. Other common activities include computer simulations, business games and role-playing.

Case studies

In the case-study method, all subjects, from accountancy and statistics to marketing and cor-porate strategy, are taught using examples drawn from actual companies’ experiences (occa-sionally cases may be fictitious, but they are always based on real-life events). These are usually framed as narratives. Some have a mass of supporting data, relevant and otherwise, and others have little. Students, like managers, are expected to respond based on what infor-mation is available.

The virtue of this method is that it reflects the messy, cross-functional nature of business life, where problems are not clear-cut and there are no right or wrong answers. Schools that use the case method exclusively say that subjects such as accountancy can be taught via this method; others argue that it is best suited to broader areas such as marketing or strategy.

The case method involves calling on a single student, or sometimes a group, to present to the class an analysis of the dilemma contained in the case and the recommended action. The sub-ject is then thrown open to discussion in which objections are made, alternatives are offered and so on.

Cases take a lot of time and resources to find, study and write. Few schools could write all their own cases even if they wanted to, and most use cases prepared by other schools as well as their own. Harvard Business School, an almost exclusively case-method school, is probably the most prolific source. The predominance of American cases from this and other North American schools provokes criticism elsewhere that the case method results in an inappropriate cultural bias.

Another criticism, especially from employers, is that the case method develops a habit of con-centrating on the overview of management problems rather than the detail of how to solve them.

Nevertheless, case studies remain a stalwart part of MBA programmes throughout the world, if only because they stimulate class discussion and force students to think for themselves (and fast) about real business problems.

Group working

You do not take an MBA by yourself—you take it as part of a group. Since real work increasing-ly involves multidisciplinary task-forces or teams, the schools want to emulate this. They also want to put students in situations where competing demands have to be resolved to get the job done. Some schools observe how students behave in groups and assess them accordingly, fre-quently awarding grades on a group basis.

Groups work together on cases, presentations and projects. They are formed in the first term or semester and generally consist of up to six individuals, either assigned by the programme director or (more rarely) self-selected by the students. Assigned groups are deliberately designed to reflect diversity of background, experience, academic ability and even character.



Part 1

Groups may be rotated at set intervals to allow individuals to work with as many of their class-mates as possible.

Although many students see group working as a useful and relevant experience, some com-plain vigorously about other group members, dislike the extra effort that group work involves and question its validity. In the busy schedule of an MBA programme, simply finding a time and place for all to meet can be difficult.

Grades

Students at US business schools usually have to achieve a required standard in each subject studied, typically a grade B or about 70%. Often this must be achieved as an average across all subjects. Grades can be awarded for course work, assignments, class participation, group work (where each student’s mark depends on others in the group) and formal examinations. Some schools use a forced grading system, which means that, typically, 10% of students must get the lowest grade. Students with 45% of all their results in the lowest grade are in trouble. Schools in other parts of the world use a similar system, but with slightly more emphasis on examin ations. Forced grading is particularly unpopular, mainly because students say it encour-ages a highly competitive, unco-operative atmosphere.

Wharton’s new-style curriculum (1991)The third edition of Which MBA? (1991) announced the arrival of what it described as “one of the most significant developments in MBA education in 30 years” and one also hailed by Business Week as “the MBA for the 21st Century”.

Here’s what we said about Wharton’s then new curriculum at the time:

In general, Wharton’s new curriculum builds on the School’s traditional strengths in functional areas, but integrates them more effectively. It introduces new areas (such as geopolitics, innovation and entrepreneurship, and quality management), expands the School’s global focus and develops stronger leadership skills. There are a number of innovations in both content and structure: team-taught, cross disciplinary cases, tightly-focused 6-week modules, new disciplines such as Technology and Risk and Crisis Management, and an intensive international study tour. To ensure that all students meet the demands of this accelerated programme, Wharton has developed a unique 4-week pre-entry programme that provides advance preparation in both technical skills and the humanities.

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The Economist Intelligence Unit is regularly consulted by major corporationswho want our help preparing white papers and research reports. Recentsponsors have included Oracle, Cisco, KPMG, Mastercard and IBM. Toproduce these reports, we survey members of our global Decision-makersPanel – a worldwide community of senior, experienced executives.

Owing to the success of our sponsored research programme, we are nowinviting further applications for panel membership.

How we survey membersMembers take part in benchmarking surveys. They are occasionallyinterviewed directly. And they are invited to executive meetingssurrounding the research.

Participation is free, by invitation and completely at the discretion of themember. And members are free to opt out of the panel at any time. In atypical year, a member might receive invitations to take part in four to sixsurveys. With most taking around ten minutes to complete, the impact onthe working day is minimal.

The benefits of membershipMembers receive a number of benefits:• Priority access to the findings of the survey to which you contribute.• Each time you complete a survey, you will receive a free book from The

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Part 1

Chapter 3

What you’ll learn—soft skills

“Soft skills”—communications, teamwork, leadership and so on—are the current buzz words of MBA programmes (though they have been around as an issue for longer than you might think—see box). Business schools are now insisting that students add such courses to an already overcrowded curriculum because this is what recruiters say they want. In a recent Economist Intelligence Unit study, it was soft skills—honesty, communication and people skills—and not functional capabilities that topped the list of characteristics executives were looking for in their most talented young managers.

One reason for this is that many recruiters (and business schools) believe that the main func-tional core courses taught at business school (see Chapter 2) are now virtually a “commodity”, with little difference in content or teaching methods (or skills) between schools. Adding soft skills to the curriculum is becoming a way for a school to differentiate itself from its competi-tors and attract the attention of recruiters.

Approaches to soft skills teachingOf course, attributes such as leadership are not easy to teach. One of the first business schools to take this kind of training seriously was the University of Chicago’s Graduate School of Business. Its LEAD (Leadership Effectiveness and Development) programme is a required first-year MBA course and now takes up over 125 hours of a student’s time.

According to Chicago, the aim of LEAD is to improve students’ abilities to motivate people, build relationships and influence outcomes. It does this through role play, team building, and other creative activities and experiences. Interestingly, LEAD also offers a learning opportuni-ty for some second-year students, who serve as course facilitators, presenting course material and coaching and mentoring first-year participants.

IMD in Switzerland runs a similar course called Leadership and Personal Development, which combines outdoor activities, personal leadership development and study of organisational behaviour. IMD argues that outdoor exercises provide an effective method for developing lead-ership in that they allow the exploration of the deeper determinants of individual, interper-sonal and group behaviour and offer the chance to explore openly behavioural factors which otherwise operate only in the shadows: “the more you step out of your comfort zone, the more you will learn”.

Another element of the course involves students understanding their personal leadership style, how they interact with others and in what situations their strengths are most effective. This is done through in-depth self-analysis, with the use of personal coaching by a trained psycholo-gist, personality tests, team-building exercises, study group feedback on individual strengths and weaknesses and leadership style, and group exploration of what makes effective leaders. This is then combined with the study of individuals and social systems through organisational behaviour to refine a leadership style.


Chapter 3What you’ll learn—soft skills

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Similarly, the new MBA curriculum at Stanford (see page 282) places a heavy emphasis on teaching leadership and other soft skills, bringing executives into the classroom to relate their experiences. Students take part in leadership simulations and other exercises, including assuming executive roles and being assessed by senior alumni.

As this makes clear, not all soft skills can be imparted purely by business schools themselves. There is also a role for business in helping to inculcate the values, attributes and competencies it so loudly says that it is looking for. Business executives and recruiters need to be involved in management education themselves. There are many ways business schools are helping them to do this, including bringing in executives as adjunct faculty, student mentors or executives in residence.

The second edition of Which MBA? (published in 1990 and written by Jane Rogers) surveyed MBA graduates, MBA recruiters and corporate HR specialists. Here’s what the survey revealed about “soft skills”:

There was considerable agreement about the key issues that MBA programmes should be addressing in the future. 39 per cent of the recruiters and 43 per cent of the personnel directors [HR specialists] thought that leadership was the most critical issue while a further 26 per cent of the recruiters and 31 per cent of the personnel directors thought that creativity and innovation were the second priority. This concern in human resources managers is not surprising—after all, their job is to develop future managers, but it contrasts with the very limited way most MBA programmes view the topic.

It is striking that many of the new programmes developed in conjunction with companies reflect this concern [while] flagship full-time programmes … are way behind. Business schools tend to concentrate on other areas which are important such as internationalisation … and management and control of information … because these subjects can be fitted into the traditional academic mould—leadership, creativity and innovation are altogether more messy.

The issue that graduates thought was the most important for MBA programmes to address in the future was leadership followed by management and control of information. The graduates were also concerned about the management of change and a variety of people issues including people management, ethics, social responsibility and broadmindedness. The implication is that graduates were happy that functional areas and analytical skills were covered effectively in their programmes but that they had become aware of other needs once they were back in the workforce.

In-company projectsHowever, perhaps the most important element is the in-company project. This is a compulsory component of almost all MBA programmes, though the emphasis placed on it can vary. Some schools, especially in Europe, such as Trinity College (Dublin) and Ashridge, build almost the whole programme around projects. At Manchester Business School the so-called “Manchester Method” reflects the school’s dedication to project work. Projects can help to instil some of the softer business skills, such as leadership and interpersonal relations.

Elsewhere in Europe, the project often follows on from the taught part of the programme (and may well take place with little input from the school) and concludes with a lengthy disserta-


Chapter 3 What you’ll learn—soft skills

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tion, reflecting the academic model of masters’ degrees in other subjects. Usually, students undertake such projects individually. In part-time and executive programmes, the project is often carried out within a student’s own organisation and is promoted as a key value to spon-soring companies.

Other schools, including many in the US, build smaller and shorter projects into the structure of the programme. This type of project normally consists of a consultancy-like task and is ideal-ly of real value to the organisation in which it is undertaken. Students are divided into groups of 2–4 and conduct research both within and outside the company. They prepare a report and recommendations for action, which are often formally presented to corporate executives as well as to business school faculty.

As part of their project work, students at London Business School (LBS) spend a week observ-ing (“shadowing”) managers at work and attempting to build an objective profile of their management style. LBS says the shadowing project allows students to observe the challenges faced by managers, appreciate the real world of managerial work by testing academic theories against observed data, develop a deeper understanding of the relationship between manager-ial style and organisational context, and reflect on leadership values.

Using practising executivesMany business schools are assiduous users of executives not just as objects of research but also as adjunct faculty or at the very least as visiting speakers to address MBA students. In part their success in doing so depends on their location. Schools based in large financial centres such as London, New York or Shanghai usually have the most resources available.

Columbia Business School in New York is a good example. As the school is not slow to point out, New York City acts as “a living laboratory”. Corporate stars are regular visitors on campus to meet students and often work with faculty on research and teaching.

At Southern Methodist University (Cox) in the US, more than 200 executives and managers act as mentors to students on the MBA and other programmes. Students can view the mentors’ professional biographies online and then nominate them as potential mentors. Once they have met, student and mentor can decide how often they wish to get together and how the relation-ship should be structured.

Executives in residence, who regularly teach courses or advise students, are particularly popu-lar in North America. Mainly they serve for about year but it can be longer.


Part 1

Chapter 4

Different ways of taking the MBA

There are three distinct ways of taking an MBA: full-time, part-time (which includes variations such as company MBAs and Executive MBAs) and distance learning. This chapter provides a brief overview of each and points out some of the advantages and disadvantages.

Full-time MBAsA full-time programme is what many prospective students regard as the “authentic” MBA experience. It certainly offers advantages compared with other options. Studying an MBA full-time gives you the opportunity to immerse yourself fully in the programme with few distrac-tions from the learning process and in a stimulating atmosphere. Teaching faculty are usually much more accessible than, say, on a part-time evening programme, where time for out-of-class contact is limited.

Full-time programmes form the basis of the Economist Intelligence Unit ranking and they are the only type of programme that fully delivers all four elements in our ranking criteria: career opportunities; increased salary; networking; and personal development/education experience. Part-time and executive MBA students are often sponsored so the career/salary issues are less important, and distance-learning students may, by definition, find networking difficult.

Table 4.1Why did you decide to study for an MBA degree?(full-time students, %a)

To open new career opportunities 37

Personal development 21

To increase salary 14

To further current career 12

Educational experience 9

Potential to network 7

Company advice or requirement 1a Importance accorded by students to each factor.

Full-time options (1-year, 2-year)

A full-time programme can take anything from ten months to two years to complete. In the US most full-time programmes last two years, taught over four semesters (or sometimes eight mini-semesters) of about 13–14 weeks in the winter and spring of each year. (This means that they do not last two years in total teaching time, just two calendar years overall.) A variation on the semester system is trimesters, or three periods in each of the two years (these are also sometimes referred to as terms or, confusingly, quarters).

There is much greater variety outside the US. Some leading schools, such as London Business School (LBS) and IESE in Barcelona, follow a two-year style programme, though with consider-able flexibility. The LBS MBA lasts between 15 and 21 months; IESE’s programme is completed


Chapter 4Different ways of taking the MBA

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in 19 months. At two other prestigious European schools—INSEAD in France and IMD in Swit-zerland—programmes last under a year.

US schools have also tinkered with their programmes to reduce the time taken to gain an MBA. Many now offer accelerated one-year tracks for students who have studied business or related degrees at undergraduate level. Students take a short top-up course in business fundamentals during the summer and then go straight into the second year.

The first year of a two-year programme is generally devoted to “core” courses dealing with the fundamentals of business such as finance, accounting, marketing and so on (see Chapter 2). Increasingly, though, in response to student demand, schools will offer one or two elec-tive courses in the first year to allow earlier specialisation that they can take into their summer internships.

The second year is mainly a time for students to pursue their own interests or career objectives by taking optional subjects, or electives. These, especially in the US, can (or sometimes must) be grouped into specialisations, often known as concentrations or majors, that reflect func-tional areas such as finance or marketing or even specific career goals.

Most also include in-company project work and softer elements such as leadership, interper-sonal skills and general personal development, either as courses in their own right or as paral-lel workshops and seminars.

However, two-year programmes only occasionally include the project-based thesis that is a feature of many one-year programmes, particularly in the UK. Although so-called one-year programmes vary considerably in length, they are all extremely intensive. Most of them follow the same core/elective framework as two-year programmes.

Proponents of one-year programmes argue that the time spent face-to-face with teaching staff differs little from two-year programmes, but their opponents respond that one year is not long enough for issues to be covered comprehensively. It is certainly true that the intense pressure of a one-year course is a good preparation for business life—where time management and pri-oritising are essential skills—but the first year of a two-year programme can be just as gruel-ling and effective.

Cost

Studying an MBA full-time will cost you a great deal of money. The directory section of this book contains details of the costs at each school.

Costs for full-time students break down into three areas: tuition, living expenses and forgone earnings. Note that tuition may not always include other business school expenses such as textbooks, fees for the use of a gym and even such essentials as photocopying. Good schools will make clear the scale of these additional costs.

Tuition

As pointed out above, tuition costs vary greatly among schools. They are almost always fea-tured on a school’s website. For an easy school-by-school comparison, look at the Appendix tables on pages 322–32. Fees usually go up each year and may be finalised quite late.


Chapter 4 Different ways of taking the MBA

Part 1

In the 1990 edition of Which MBA? full-time programme tuition fees at MIT were listed at US$15,900, the equivalent to US$25,240 in today’s money. This year the fee is US$44,556—a measure of how the cost an MBA prices has risen since Which MBA? was first published.

Living expenses

For full-time students, tuition costs are only the beginning. They also have to find accommoda-tion and fund their living expenses. Accommodation costs vary according to location and some examples are given in Table 4.2. Other expenses that need to be considered include health insurance, networking (going for meals or drinks with other students or contacts) and overseas exchanges.

Forgone earnings

Last, but by no means least, full-time students have to give up their salaries while they study. Only a small number are sponsored by their employers. Although a typical MBA graduate from a leading US school may expect a total salary (including bonuses) of around US$150,000–160,000, he or she will have had to forego a pre-MBA salary of around US$55,000 for two years. No wonder, then, that the payback period—the amount of time it takes to recoup the total expenditure in gaining an MBA—is a topic of much interest to full-time students.

Table 4.2Accommodation costs around the world, 2008a

City 3-room furnished apartment 4-room furnished apartment

Europe

Amsterdam €1,345 (US$1,842) €1,500 (US$2,055)

Barcelona €999 (US$1,368) €1,000 (US$1,370)

Brussels €850 (US$1,164) €1,200 (US$1,644)

Dublin €1,400 (US$1,918) €1,650 (US$2,260)

Frankfurt €1,500 (US$2,055) €2,850 (US$3,904)

Geneva Swfr2,600 (US$2,167) Swfr4,000 (US$3,333)

London £1,750 (US$3,500) £3,800 (US$7,600)

Lyon €720 (US$986) €650 (US$890)

Madrid €900 (US$1,233) €1,100 (US$1,507)

Manchester £580 (US$1,160) £800 (US$1,600)

Milan €1,230 (US$1,685) €1,460 (US$2,000)

Oslo Nkr11,000 (US$1,877) Nkr10,500 (US$1,792)

Paris €2,100 (US$2,877) €2,800 (US$3,836)



Part 1

City 3-room furnished apartment 4-room furnished apartment

North America

Atlanta US$875 US$1,650

Boston US$3,500 US$3,600

Chicago US$1,725 US$2,700

Cleveland US$725 US$1,100

Detroit US$1,275 US$1,715

Houston US$2,000 US$2,600

Los Angeles US$2,100 US$2,500

Mexico P20,000 (US$1,830) P30,000 (US$2,745)

Minneapolis US$750 US$1,600

Montreal C$1,200 (US$1121) C$1,500 (US$1,402)

New York US$6,000 US$6,000

Pittsburgh US$750 US$925

San Francisco US$2,095 US$3,000

Toronto C$1,850 (US$1,729) C$1,800 (US$1,682)

Vancouver C$1,513 (US$1,414) C$2,100 (US$1,963)

Washington, DC US$2,200 US$2,800

Asia and Australasia

Hong Kong HK$26,000 (US$3,333) HK$45,000 (US$5,769)

Melbourne A$2,380 (US$1,983) A$2,970 (US$2,475)

Perth A$1,600 (US$1,333) A$1,800 (US$1,500)

Shanghai Rmb17,000 (US$2,237) Rmb22,000 (US$2,895)

Singapore S$3,700 (US$2,450) S$5,800 (US$3,841)

Sydney A$3,000 (US$2,500) A$3,670 (US$3,058)a Moderate cost accommodation taken from the Worldwide Cost of Living Survey, June 2008, The Economist Intelligence Unit.

Part-time MBAsPart-time programmes have always been an important part of the MBA market. Part-time students usually attend classes in the evenings once or twice a week, at weekends, or both (although there are many different formats and types of part-time programmes—see below). Students may also spend short periods of time, generally a week, in residence on campus or at other locations at some time during the programme.

Typically, part-time students are slightly older and have more work experience than their full-time counterparts. This may reflect a different motivation for taking an MBA. Many part-timers are seeking to advance their existing careers compared with full-time students, who are more likely to be taking an MBA to change their career entirely. Equally, the majority of part-time students try to persuade their existing employers to sponsor (or at least partially fund) their degree. This is rarely the case with full-timers.



Part 1

Table 4.3Why did you decide to study for an MBA degree?(part-time students, %a)







Company advice or requirement 1

Friend’s recommendation 0a Importance accorded by students to each factor.

Table 4.4Part-time students sponsored by their company(%)

World Europe North America Asia & Australasia

52 56 46 47

Table 4.5Length of time part-time sponsored students agreed to stay with their company(%)


Up to two years 30 30 20 23

3–5 years 13 21 7 2

Longer than 5 years 1 1 0 1

No agreement required 56 49 73 73

The curriculum of a part-time MBA is usually identical or very similar to the full-time version offered by a school, and the degree awarded is generally the same and has equal standing. Indeed, you should ask questions if the degree differs significantly. Where there are differ ences these may include a smaller range of electives and the omission of some of the less academic elements of a full-time programme, such as foreign trips, project work and outdoor manage-ment development (although the trend is towards including them).

You can expect to take 2–4 years to complete a part-time programme, but many schools offer considerable flexibility within a time limit of 5–7 years in which the degree must be completed.

The whole point of a part-time MBA is to combine it with your working life, and this has bene-fits and drawbacks. One of the main benefits is not having to forgo your salary and spreading the cost of an MBA over a longer period. Another is being able to apply academic principles and new soft skills immediately to real business life.

Even so, mixing an MBA programme with a full-time job is not to be undertaken lightly and there are disadvantages. As well as spending one or two long and demanding evenings a week in class, you will also have to allow additional time (perhaps around 15 hours a week, maybe more) for individual study, preparation and group work. This means balancing study, work and family which can be difficult, especially if you do not have an understanding employer.



Part 1

Many schools like students’ employers to know they are studying for an MBA so they appreci-ate the work involved and are prepared to support them. Some schools may restrict part-time students’ access to careers service—or even ban it completely—out of concern that employ-ers might withdraw their goodwill if the schools are seen to be helping students change jobs. Other schools adopt the opposite approach: they believe that because part-time students often have extensive experience they are an attractive proposition to employers, so they allow them the same access to careers services as their full-time counterparts.

There are also geographical limitations. Part-time programmes are, almost by definition, local and generally students have to take what is available within easy reach. Similarly, there are likely to be fewer foreign students on a part-time programme, although where a school is based in a multicultural city with a lot of expatriate workers this may not be the case.

Part-time programmes are sometimes offered in a modular format, which alternates periods, or modules, of on-campus education, each usually lasting between two weeks and a month, with longer periods when students return to their own company to undertake projects based on the theory they have learned. Although the classroom sessions are full-time, the programme design and student experiences are different from traditional full-time programmes because of the lengthy periods spent off campus back in the workplace.

The modular delivery method is common in consortium (aimed at employees of a small group of companies), company (tailored by a business school for the employees of a single company) and Executive MBAs (see below) and increasingly includes distance-learning elements.

Cost

Generally, tuition fees for part-time programmes are lower than those for the full-time version. Again, the details are given in directory entries.

Table 4.6Part-time tuition fees at selected schools

School Tuition feesa

Arizona (Keller) US$38,500

Chinese University of Hong Kong HK$230,400 (US$29,538)

Curtin A$29,100 (US$24,250)

Florida (Hough) US$28,000

Glasgow £17,500 (US$35,000)

HEC Paris €4,500 (US$61,644)

NU Singapore S$34,000 (US$22,517)

Rice (Jones) US$81,000

UCLA (Anderson) US$30,000 per year

Wits R105,000 (US$14,894)a Fees for the total programme, unless otherwise stated



Part 1

Table 4.7How did you choose the school where you are taking or took your MBA?(part-time students, %a)


Reputation of school 35 33 35 40

Location 18 17 23 17

Content of programme 15 16 13 6

Quality of teaching faculty 12 12 12 10

Published ranking position 7 6 8 17

Teaching methods 6 8 1 4

Friend’s recommendation 3 4 2 3

Tuition and living costs 3 3 4 1

Advertising 0 1 0 0

Starting salary of graduates 0 0 1 0

Careers services record 0 0 1 1

Published guides 0 0 0 0a Importance accorded by students to each factor.

Executive MBAsThe Executive MBA (EMBA) is a degree aimed at students with more management experience than those on regular MBA programmes, whether full-time or part-time. Since its introduction by Chicago Graduate School of Business in 1943 it has grown substantially.

Table 4.8Why did you decide to study for an MBA degree?(executive MBA students, %a)








EMBA programmes generally lead to the same degree as full-time and part-time MBA pro-grammes. Content and scheduling are often quite different, however, being geared to the needs of senior working managers. EMBAs are a cross between part-time and modular pro-grammes. Classes are typically held on Fridays and Saturdays, and there are often large compo-nents of residential work and foreign field trips.

EMBAs are essentially career enhancing rather than career changing, particularly as employers frequently foot the bill. As Table 4.8 shows, although 30% of students said they were look-ing for career change, the majority, 46%, claimed they took their EMBA to develop personal-ly or further their current career. In this regard, they can have considerable benefits for the participants.

It is often the manager who initiates the idea of taking an EMBA, persuading the company of



Part 1

the value to be gained. Sometimes it may be part of corporate strategy. In the past, companies often considered participation in an EMBA programme as a reward for good service and/or a potential retention tool. Now the approach is likely to be more hard-headed, with such pro-grammes seen as part of a company’s overall executive education strategy.

Table 4.9Executive MBA students sponsored by their company(%)


68 73 39 83

Many business schools have used the EMBA to experiment boldly and successfully with inte-grating IT into management teaching. Plenty of EMBA programmes now combine elements of modular programmes with residential sessions and distance learning. They are also increas-ingly global in scope, with classes held in various locations around the world and intervening periods spent in online learning and group work.

EMBAs are expensive. According to the Executive MBA Council the average total costs for its members’ programmes was US$57,954 in 2007. But in return for high fees the programmes are usually innovative and closely related to experience. The opportunity to share classes with highly experienced and (usually) senior managers is one of the principal attractions of such programmes; and despite the high costs, many companies remain enthusiastic sponsors of participants.

The EMBA does attract criticism, however. Some argue that although it is a degree programme, an EMBA is really a form of intensive executive education with the letters MBA added on as an incentive. Nevertheless, at their best, EMBAs offer an opportunity for highly motivated and experienced executives to come into contact with leading business academics.

Table 4.10Length of time executive MBA sponsored students agreed to stay with their company(%)


Up to two years 37 37 30 40

3–5 years 15 15 22 0

Longer than 5 years 0 0 0 0

No agreement required 47 47 48 60

Cost

EMBAs are not cheap and are going up, as the Appendix table on page 332 shows.

Where students are sponsored, the choice of school and programme is often a joint decision by students and their employers. Often, though, it is the student who does the initial research and decides on the school and programme. It then becomes a question of persuading the employer to agree.

For self-sponsored students or those who have a say in choosing an EMBA programme, there are certain things to look for.



Part 1

● The quality of the participants. The experience and seniority of other students are impor-tant factors. These should match, or if possible slightly exceed, your own.

● Faculty. Make sure the programme is taught by the school’s best faculty. Your company (or you) will be paying a lot of money.

● Globalisation. Some element of internationalism, even if the programme does not span continents, is important. There should be at least one international study trip.

● Commitment. Be sure you can handle the workload. EMBAs are not an easy option. You will have to do the studying and hold down your job at the same time.

Distance-learning MBAsThe burden of studying an MBA by distance learning should not be underestimated. Despite business schools making increasing efforts to involve students, the fact that you study on your own for much of the time—and that programmes can take three years or sometimes much long-er to complete—means you will need a lot of self-motivation to get through it.

However, better use of information technology has improved distance-learning programmes. Most now involve a mix of study materials. At the UK’s Open University Business School (OUBS), for example, the materials supplied include course books, a study guide, CD-ROMs, videotapes, audio tapes and access to a website. Some other programmes, notably in Canada, make use of online lectures delivered by videoconference technology, allowing live interaction between students and lecturers.

However, most schools still insist that students get together in the real world, either on cam-pus for occasional residential weeks and weekends or in local study groups. Henley Manage-ment College’s distance-learning MBA, for example, has regular face-to-face workshops at Henley and local study groups for students outside the UK.

The University of Florida’s Hough Graduate School of Business was one of the first fully accred-ited business schools to offer online MBA degrees. Its Internet (Flexible) MBA is equivalent to any other MBA offered by the university. Another notable player—for its sheer size as much as anything—is the University of Phoenix, which has around 45,000 distance-learning students enrolled on its MBA programme.

The techniques and technologies of distance learning are increasingly being incorporated into new types of MBA programmes which fall somewhere between the home-alone study described and a traditional programme. Often they are described as executive MBAs (see above) and may be partnerships between schools in different parts of the world, making a virtue of the global coverage and “asynchronous” learning that the Internet, e-mail and similar technologies make possible (in other words, you don’t have to be online at the same time in order to communicate with someone, by e-mail for example).

The future success or otherwise of these types of programmes could have a significant effect on the future direction not just of distance-learning programmes but of the MBA market as a whole.



Part 1

Advantages and disadvantages

The traditional distance-learning MBA is a reasonably inexpensive route to an MBA (see Cost) compared with other methods. (The more exotic uses of distance learning described above can be expensive, but the costs are usually borne by sponsoring companies.) It also offers inde-pendence and convenience of study, although it can cause disruption in students’ personal lives. It is not for the faint-hearted: if you can attain an MBA by distance learning, you can attain it by any route.

Distance-learning programmes are also becoming increasingly popular with employers. Compa-nies are more likely to provide support for such programmes than for other delivery methods. They are significantly cheaper, and, since students study in their own time, the disruption to an employee’s work commitments is minimal. Many companies believe that distance-learning programmes are more practical than some of the alternatives, especially the full-time options. They also allow students to be involved in projects within their own organisations, which are of direct benefit to the employer.

The fifth edition of Which MBA? (1993) made the following comments on distance-learning programmes:

Distance learning is simply a new word for a correspondence course. Despite much talk over the last decade, technology such as teleconferencing and computer links has taken a long time to appear. The distance learning student still spends most of his or her time poring over text books and workbooks, perhaps with some video and audio tapes to relive the tedium and some computer disks to make work more effective.

Table 4.11Why did you decide to study for an MBA degree?(distance-learning students, %a)










Part 1

Table 4.12How did you choose the school where you are taking or took your MBA?(distance-learning students, %a)

Reputation of school 33

Content of programme 19

Teaching methods 19

Quality of teaching faculty 8

Published ranking position 7

Location 5

Friend’s recommendation 4

Tuition and living costs 3

Published guides 1

Advertising 0

Starting salary of graduates 0

Careers services record 0a Importance accorded by students to each factor.

The idea that distance-learning programmes are in some way the “poor relation” of the MBA, particularly in relation to full-time programmes, is no longer tenable. Most distance-learning programmes have now achieved equal standing with, and have the same academic rigour as, other delivery methods. Because the corporate world has largely embraced them for its own employees there is little reason why they should not accept them as an important qualification in a new recruit.

Moreover, the growing use of distance-learning methods in other areas such as executive MBAs has added a new “respectability”. Although like all programmes distance learning has its draw-backs and advantages, students should not be concerned that they are in some way undertak-ing a “lesser” degree.

Choosing a school

Choosing a distance-learning programme is just as difficult and just as important as choosing any other type of MBA. Try to avoid the temptation to opt for a programme that looks “easy” in terms of workload. To be worth anything, a distance-learning programme should be as rigorous and demanding as any other MBA. You will only get out of it what you put in.

You should also ensure that a reputable business school backs any distance-learning MBA you sign up for, just as you would for a full-time or part-time programme. In recent years the Euro-pean Foundation for Management Development (EFMD), which runs the EQUIS accreditation programme, has also introduced an accreditation system for e-learning programmes called CEL (or teChnology Enhanced Learning). So far seven programmes have been accredited.

Cost

Distance-learning programmes vary considerably in cost. At IE in Madrid, for example, the Eng-lish-language Global MBA Online is priced at €36,100 (US$49,452), compared with €49,100 (US$67,260) for the full-time programme. The Euro*MBA run by a consortium of European schools is priced at €25,500 (US$34,932). Henley’s programme costs £15,595 (US$31,190), and Warwick charges £4,800 (US$9,700) a year over, typically, three years. One of the more expensive programmes, at US$41,000, is offered by Hough (Florida), but it includes provision of a laptop computer, an iPod and specialised software.


Part 1

Chapter 5

What you need to be an MBA

QualificationsThe MBA is a postgraduate degree which means that applicants should already possess a first degree. This is a fairly universal requirement, though some exceptions may occasionally be made for applicants to executive MBA programmes, where the emphasis is more on work experience (see below).

However, since the MBA is a conversion degree that aims to equip students with the tools and knowledge required to function as a manager, a good degree in any subject is acceptable. You do not need to have previously studied a business subject. However, many schools now offer an accelerated track for students with a business degree, which means that the MBA can be com-pleted more quickly.

MBA programmes are usually heavily oriented towards mathematics and statistics (not to men-tion such subjects as accounting) and students with limited mathematical skills may strug-gle. Many leading schools, especially in the US, require students to have previously studied quantitative disciplines, notably calculus. Most schools run pre-programme refresher courses in all the quantitative areas. Anyone in any doubt about their ability should definitely attend; indeed, some schools make it mandatory for students they deem lacking in quantitative skills.

But don’t let that put you off. The mathematics, particularly in the core subject areas, is not that daunting and business schools like to take on non-quantitative students with an interest-ing back ground. And you can usually rely on other students to give you a helping hand when and if you need it.

Work experienceIn general the MBA is a post-experience qualification. That is to say that business schools require applicants to have experienced work life before joining a programme. As with the first degree, this does not necessarily have to be business-related. Many schools relish recounting the numbers of former jet fighter pilots and ballet dancers on their MBA programmes. The idea is that students have some experiences of life and interrelationships that they can use to enli-ven and illuminate classroom discussions. This is especially true with the growing emphasis on “soft skills” (see Chapter 3). Most schools ask for two or more years of previous work experi-ence.

However, the issue of work experience is subject to debate. Indeed, in some regards it is an unusual requirement. After all, no one expects a student at medical school to have already spent time in the operating theatre or a law student to have defended anyone in court. And though many American schools ask for work experience, not all of them make it a requirement. Stanford, for example, actively encourages college seniors and recent college graduates to apply. A recent trend in the US has been to accept undergraduate applicants (usually from a school’s associated university) but defer admission for two or three years while they gain work experience. Both Chicago and Harvard have such schemes.


Chapter 5What you need to be an MBA

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In Europe, however, work experience is almost universally required. Indeed, there was some concern that the Bologna Process (a means of harmonising European undergraduate and postgraduate education—see box on page 40) would legitimise pre-experience masters’ pro-grammes in business-related areas as “MBA” degrees. This now seems to have been avoided. Instead, Europe is undergoing a rapid expansion of MSc in Management programmes, which are designed for students who have just completed undergraduate degrees (see Chapter 6).

The general feeling among MBA students around the world, however, seems to be that they (and their fellow students) do benefit from at least some experience of the workplace being brought into the classroom.

Table 5.1Average number of years’ work experience of full-time MBA students by region

Region No of years

World 5.6

Europe 7.0

Asia & Australasia 6.2

North America 4.5

The GMAT and other admissions testsThe GMAT

Although some schools may not require it (usually substituting their own test or asking for the GMAT only for foreign students), most prospective MBA students will have to take the Graduate Management Admission Test (GMAT).

The GMAT measures verbal, mathematical and analytical writing skills but not specific areas such as knowledge of business and job skills, or subjective areas such as motivation, creativ-ity and interpersonal skills. It is designed to help predict a student’s potential academic per-formance. Most schools find that it is a good indicator of likely success on an MBA programme, particularly the quantitative aspects. The GMAT is fully computerised and is known as a com-puter-adaptive test (CAT). The Graduate Management Admissions Council (GMAC), which spon-sors and directs the test, says it requires minimal computer skills, and each test is preceded by a computer-based tutorial.

Test scores

Although many schools do not stipulate minimum GMAT scores, most will have a cut-off point in mind. At leading schools with high average GMAT scores this could be around 600–650; at other schools, or those with less commitment to GMAT scores, it could be as low as 500.

The maximum achievable GMAT score is 800, but in any given year few students score maximum points. Those who do so usually attribute it to a mixture of luck and practice. Tables 5.2 and 5.3 show the average scores of students for selected schools; the directory entries list the aver-age for each school. Some, however, refuse to reveal their averages on the grounds that they are misleading, since a high average does not necessarily imply overall ability. GMAT scores reported by schools are also used as part of the Economist Intelligence Unit’s ranking of busi-ness schools (see Chapter 00).


Chapter 5 What you need to be an MBA

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Table 5.2Average GMAT scores of students by regiona

Region GMAT score

World 649

North America 665

Europe 631

Asia & Australasia 635a As reported by schools. Not all schools require the GMAT or reveal GMAT scores.

Table 5.3Average GMAT scores of students by region, selected schoolsa

North America GMAT score Asia & Australasia GMAT score Europe GMAT score

Stanford 721 China Europe Int BS 686 INSEAD 700

Dartmouth (Tuck) 715 Hong Kong SB 670 Cambridge 690 (Judge)

Harvard 713 Singapore 657 London 690

Pennsylvania (Wharton) 712 Nanyang 653 IESE 688

California at Berkeley (Haas) 710 Hong Kong UST 643 IE 685

Chicago 710 Melbourne 640 Oxford (Saïd) 680

MIT (Sloan) 710 Chinese University 610 IMD 671 Hong Kong

Columbia 709 Japan 591 HEC Paris 664

Northwestern (Kellogg) 708 Otago 566 Cranfield 660

UCLA (Anderson) 704 ESADE 650a As reported by schools. Not all schools require the GMAT or reveal GMAT scores.

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

Figure 5.1Average GMAT scores (top ten schools), 1998–2008

676

688694

700 704708 708

704 707711709

Even though it is extremely important, the GMAT is not the be-all and end-all. As the GMAC itself cautions, the GMAT is only one indicator, and by no means a perfect one. Academic records, references, interviews and all the other paraphernalia of the business school admis-sions process are equally important.



Part 1

TOEFL

An English-language MBA programme is a daunting prospect for people whose first language is not English. Even native speakers have trouble in classes where a student is picked at random to lead a discussion on a case study, and where students are assessed on their participation in class.

Most schools teaching in English therefore demand some proof of fluency from non-native speak-ers. A few schools run their own tests or accept other qualifications, but the Test of English as a Foreign Language, or TOEFL (pronounced “toe-fell”), is widely accepted as a standard measure.

GMAT scoresWhich MBA? first began noting average GMAT scores in 1992. That year the highest average score was 650 at MIT. By 2008 it was Stanford at 721.

The admissions processIn the Economist Intelligence Unit’s 2008 survey for Which MBA?, students and recent gradu-ates were asked to rate how difficult it was to get into their school. The results are given in Table 5.4.

Table 5.4How difficult was it to get into your school?a

School Rating

American (Kogod) 3.0

Arizona (Eller) 3.1

Ashridge 3.0

Aston 2.9

Audencia (Nantes) 3.7

Bath 3.3

Birmingham 3.1

Bocconi 3.4

Boston 3.4

Bradford 2.0

Brandeis 3.3

British Columbia (Sauder) 3.2

California at Berkeley (Haas) 4.5

California at Davis 3.6

Cambridge (Judge) 3.8

Cape Town 3.4

Carnegie Mellon (Tepper) 3.9

Case Western (Weatherhead) 3.2

Chicago 4.5

School Rating

China Europe Int Business School 3.3

Chinese University of Hong Kong 3.2

City (Cass) 3.3

Columbia 4.6

Cornell (Johnson) 4.1

Cranfield 3.4

Curtin 2.8

Dartmouth (Tuck) 4.6

Dublin (Trinity) 3.4

Duke (Fuqua) 3.9

Durham 2.9

EADA 3.0

EGADE 2.7

Emory (Goizueta) 3.8

ESADE 3.7

Florida (Hough) 3.3

Georgia (Terry) 3.1

Glasgow 2.3

Grenoble 3.3



Part 1

School Rating

Harvard 4.5

HEC Montréal 3.3

HEC Paris 3.7

Henley 3.1

Hong Kong SB 3.2

Hong Kong UST 3.6

Hult 3.2

IE 4.0

IESE 3.9

Illinois 3.2

IMD 4.6

Imperial (Tanaka) 3.6

Indian Institute (Ahmedabad) 4.9

Indiana (Kelley) 3.4

INSEAD 4.2

Japan 3.1

Monaco 3.2

Iowa (Tippie) 3.0

Lancaster 3.3

Leeds 2.6

London 4.2

E.M. Lyon 3.3

Macquarie 3.2

Manchester 3.3

Mannheim 3.3

Maryland (Smith) 3.6

MIT (Sloan) 4.5

McGill 3.4

Melbourne 2.8

Michigan (Ross) 4.2

Minnesota (Carlson) 3.2

Monash 3.0

Nanyang 3.3

Singapore 3.6

New York (Stern) 4.1

Newcastle 2.9

North Carolina (Kenan-Flagler) 3.8

Northwestern (Kellogg) 4.5

Norwegian BI 3.3

Notre Dame (Mendoza) 3.6

Nottingham 2.8

Nyenrode 3.3

School Rating

Ohio (Fisher) 3.3

Otago 3.7

Oxford (Saïd) 3.8

Penn State (Smeal) 3.3

Pennsylvania (Wharton) 4.5

Pittsburgh (Katz) 3.2

Purdue (Krannert) 3.4

Queensland 3.1

Rice (Jones) 3.7

Rochester (Simon) 3.5

Royal Holloway 2.5

RSM Erasmus 3.4

Sheffield 3.0

Solvay 3.0

South Carolina (Moore) 3.0

Southampton 2.8

Southern California (Marshall) 3.5

Southern Methodist (Cox) 3.5

Stanford 4.9

Strathclyde 3.2

Temple (Fox) 3.2

Texas at Austin (McCombs) 3.7

Thunderbird 3.0

TiasNimbas 3.2

UCLA (Anderson) 4.0

UC Dublin (Smurfit) 3.0

Edinburgh 3.2

Vanderbilt (Owen) 3.5

Virginia (Darden) 4.1

Vlerick 3.6

Wake Forest (Babcock) 3.1

Warwick 3.4

Washington St Louis (Olin) 3.3

Washington (Foster) 3.7

Wisconsin 3.5

Wits 3.3

Yale 4.2

York (Schulich) 3.5

a Rated on a scale of 1 to 5, where 1 means no difficulty or little effort required, 3 means reasonable effort required and 5 means extremely competitive, arduous entrance procedure. Schools are listed in alphabetical order.



Part 1

Getting into the school of your choice

Although getting in to a leading business school is undoubtedly tough, admissions staff are invariably helpful. You can (and should) expect them to be efficient in answering queries. Once the submissions start rolling in, the concern becomes how to select only the best candidates and make sure that none of them defects to competing schools. The qualities that admissions departments look for in candidates are fairly standard. They expect a good first degree and a good GMAT score, a solid work background, good interpersonal skills and leadership potential, and a belief that you really want to come to their school—as well as a “wow” factor that some-how sets candidates apart.

Diversity is another issue. White males still predominate on MBA programmes and the schools would like more women and people from minority groups. They also like “international” stu-dents. Some European schools appear to be almost addicted to international (that is, foreign) students. They like to claim that a class of 80 students, for example, contains 80 different nationalities. Admissions staff constantly monitor the balance of applicants offered a place so that they can achieve the required diversity.

Apply early

It is important that prospective students apply early to their chosen school or schools. Busi-ness school websites, brochures and this guide give final dates for applications, but these real-ly are final. Admissions offices usually work on a rolling basis and start to fill up their classes as soon as applications are received. Lists may therefore be full long before the deadline arrives.

Application forms, references, essays and interviewsApplication forms

Application forms are long and difficult to complete, although the information they ask for is straightforward:

● personal details;

● academic record, with grades obtained (you will have to get official transcripts);

● a work and experience record;

● references, normally unseen by the applicant, from two or three individuals who know your academic and work experience;

● up to four short essays designed to give an insight into your personality and attitudes.

The application form is crucial in the admissions process. It is your chance to impress the admis-sions office by pulling together your undergraduate performance, work experience, GMAT score and anything else you can think of to impress them. But remember, however good the content, a poorly completed application form will not get you very far. Spend a lot of time on it.

Electronic applications

Most applications are handled electronically, and a large number of schools allow you to download and return an application form on their website. Many schools insist on electronic application.



Part 1

References

References (often called recommendations by North American schools) should be written by people who have relevant and detailed knowledge of your academic or work background and a good sense of your personality. Think carefully about whom you ask. Business schools expect referees to have been your direct business or academic supervisors at some time. Whoever you choose, make sure they know what an MBA is and the reasons you want to study one. You should also brief them as much as possible on the schools you are applying to, why you have chosen those schools and your subsequent career plans. Their input is vital, so a discussion with them before they complete their part of the application form is important. The applica-tions office expects them to provide a rounded (and accurate) picture of you and your achieve-ments.

Alumni of your targeted business schools are considered to be particularly useful as referees, so if you know any, don’t be afraid to approach them. But the really important point to bear in mind is that whoever you choose must be someone you can trust to give a good reference in good time.

Essay questions

Writing application essays is probably the most difficult part of the process. They are also a potential minefield. Admissions staff say they read every essay submitted and regard them as important indicators, especially in borderline cases. They see essays as a way of getting to your real personality—so avoid the temptation either to brag outrageously or to be destructively self-critical.

Most of the essay questions posed by schools are broadly similar, and they face the predict-able problems of ready-prepared essays (not always written by the candidate) and the same essays being submitted to many schools. But for the majority of candidates, essays represent an opportunity for quality work and honesty. Admissions staff are experienced at spotting any-thing phoney and are ever alert to fraudulent work. They are also clear about what they want. Applicants should be equally clear and, within the bounds of honesty, legality and morality, present themselves as fitting the particular school’s ideal model.

Interviews

Not every top-rated school requires interviews, although many are putting greater emphasis on them as MBA programmes focus more on soft skills. The personality of students has become an important ingredient in succeeding on a programme, and schools need to gain a more rounded view of candidates in order to assess their personalities. Another reason is greater diversity. Standardised admission processes produce standardised classes. An interview is a good way of assessing students who may not quite match the academic ground rules but who have other desirable qualities.

Generally, interviews take place after the application form has been reviewed. Most often they are conducted on campus by admissions staff, although sometimes, as at Northwestern Univer-sity (Kellogg), interviews are conducted by students. For foreign students or those living some distance away, schools use outside interviewers (normally their own alumni).



Part 1

Paying for your programmeAn MBA is expensive and one way or another you will need to find a way to pay for it. Whether you are using your own savings, taking out a loan or persuading someone else to foot the bill through a scholarship or company sponsorship, you should know what your options are before applying.

The various ways students finance their MBA, based on the Economist Intelligence Unit’s sur-vey for Which MBA? 2008, are outlined in Table 5.5.

Table 5.5How students finance their MBA programmes

Were you sponsored by your company?a

Yes

Full-time 7

Part-time 52

Executive 68

Distance-learning 54

If sponsored, for how long have you agreed not to leave your employment?b

Up to two years 3–5 years More than 5 years No agreement required

Full-time 42 29 4 25

Part-time 30 13 1 56

Executive 37 15 0 47

Distance-learning 31 12 1 55a % of respondents. b % of students sponsored by their company.

Loans

Nearly all MBA students can obtain loans in their own countries through government schemes or private banks. Typically, these are soft loans with more favourable interest rates and repay-ment periods than the market offers. Schemes differ considerably from country to country. Many business schools are able to put students in touch with the appropriate organisations and most list available loan schemes on their websites or in their brochures. Schemes are generally confined to nationals or full-time residents of the country concerned, but most will cover study in another country.

The GMAC sponsors the MBA Loans Program in the US. In the UK, the Association of MBAs (AMBA) organises soft loans (www.mbaworld.com).

Scholarships

Most schools offer some form of scholarship. However, the number and value vary enormous-ly. Details of the amounts made available to students are contained in each school’s directory entry. Most are linked to:

● merit (high scholastic achievement and potential that will reflect well on the school);

● need (high potential but few resources); or

● specific groups (for example, minorities or women).



Part 1

Few scholarships cover all costs, although in exceptional cases they might. The total amount of aid available for all students can range from several million dollars at some American schools to thousands of dollars per school in Europe and other parts of the world.

Sponsorship

Many MBA students try to get someone else to pay for their programme, showing that the degree does indeed teach something about business. It is not easy, though, particularly for a full-time programme. Employer support for part-time and distance-learning programmes is much more common, especially among organisations with a management development focus. Around 52% of part-time and 54% of distance-learning students were sponsored, according to the Economist Intelligence Unit’s 2008 survey of MBA students and recent graduates. Even so, an employer may agree to pay only under an arrangement that requires an employee to stay with the company for a specified time after graduation.

Earning and studying

Working while you study is an accepted part of undergraduate education throughout the world. However, time constraints for full-time MBA students are much greater than for undergradu-ate courses and working is frowned on—and usually outlawed—in short one-year programmes and the first year of two-year programmes. Schools say that this is not just because a job might affect their studies, but also because students can miss out on extra-curricular activities and socialising. It is easier to work in the second year of longer programmes when pressures are less intense. Many students combine second-year study with part-time work, either with local companies or within the school itself, helping out in computer laboratories, admissions and careers services and as teaching assistants. Some schools try to help spouses accompanying an MBA student to find work, either with local companies or within the school itself.


Part 1

Chapter 6

Other options

The MBA is far from being the only academic management qualification available. Although this guide is obviously concerned with the general management MBA described in its pages, prospective students should realise that alternatives are available. This chapter briefly outlines what they are.

Alternatives to the MBA can be divided into three groups:

● the pre-experience general management MSc, often called a Masters in Management;

● specialised MSc degrees in particular management functions, such as finance or human resources;

● specialised MBAs, which eschew the traditional general management approach to concen-trate on a specific function or even a particular industry.

Specialised masters’ programmes, especially the Masters in Management (MM), are cleverly designed to appeal to both potential students and recruiters. They are aimed at recent gradu-ates with either a firm career objective (specialised MSc programmes) or an interest in general management, especially with an international dimension (the MM), who do not want to spend two or three years gaining the work experience generally required to enter an MBA programme. In other words, at a time when increasing numbers of young people have a first degree, they offer a way of gaining that sought-after postgraduate qualification quickly.

For potential recruiters, such programmes turn out comparatively young graduates with either in-depth knowledge in a particular function or skill area or a broad base of management knowl-edge (MM programmes essentially reproduce the MBA core). Furthermore, as they often include lengthy internships, frequently international in scope, students also gain some exposure to business.

Whether such programmes “cannibalise” the MBA, luring away students who might otherwise take it, is a moot point. Most business schools say they are different markets attracting differ-ent types of individual, but it seems unlikely that an MBA would be an immediate priority for graduates of such programmes. However, given a few years in work, the Executive MBA (see page 23) might be an attractive option for them. And since EMBAs are a lucrative proposition for business schools, maybe the schools win both ways in the end.

Masters in ManagementThe MSc in Management (or similar title) is a particularly European approach to management edu-cation. Although it has existed for some time its growth has been significant in recent years, par-ticularly in response to the Bologna Process, which is attempting to harmonise the structure of higher education (bachelors’ and masters’ degrees) within Europe (see box overleaf).

The Masters in International Business (MIB) offered by Grenoble Ecole de Management Graduate School of Business in France is typical of this type of degree. Aimed at graduates from


Chapter 6 Other options

Part 1

any discipline who have little or no work experience, it combines subjects typical of an MBA programme with language training (in this case French) and an international project that can be undertaken either as part of an internship or as part of full-time employment following the taught programme.

The taught element of the programme is full-time, lasts for one year and covers marketing, accounting, finance and economics, business information systems, intercultural management and ethics, strategic management, managing technology, managing people in international organisations, international business law, international financial management, international business, global trade environment and foreign languages. As with most programmes of this sort there are no electives.

The Bologna ProcessBy 2010 the Bologna Process is scheduled to sweep away idiosyncratic national systems and replace them with a standard Anglo-Saxon-style progression of bachelor’s degree–master’s degree–PhD.

The main aim of Bologna is to encourage mobility among students and, consequently, greater competition among Europe’s institutions of higher education. Business education will be particularly affected by the process. This is partly because students prefer to study business degrees at postgraduate, rather than undergraduate, level; but it is also because they are more likely to move across borders to find the right school. Greater demand will lead to an explosion of masters’ programmes in management. Research by the Graduate Management Admissions Council (GMAC) has suggested there will be an extra 12,000 courses hitting the market (although many of these will be existing courses redesigned to comply with Bologna).

Learning their own lessons

The big increase will be in the number of MSc in Management programmes (see main text), which usually admit students straight from their undergraduate studies. This will have a knock-on effect for the MBA. If traditional MBA applicants, who are generally aged 25–30, are only a few years out of their MSc programme, will they want to return to business school so soon?

Ultimately, though, employers will hold the key to the MBA’s future. Much will depend on whether they will be happy to recruit—and remunerate—students with an MSc and little experience.

European business schools face other uncertainties. Perhaps most troubling is whether they have the infrastructure—and in particular the quality faculty—to cope with around 500,000 applicants a year to MSc in Management programmes by 2010. Faculty are already a scarce resource. Few management professors have all the skills that business schools are after. Furthermore, many are interested only in their research and often deride the teaching side. While “gurus” may give a school prestige, they are of little use to students if they are half-hearted in the classroom.

However, diverting resources towards training faculty may prove unappealing when many schools will be unsure of the funding available to them. Moving from a system, such as in France, where they can be guaranteed an undergraduate student for as long as seven years to one where they can expect a maximum of four years means that many will have to move to a very different budgetary model. And this is before anyone has decided how these new, ultra-mobile students will be funded. Will public universities be funded centrally, for example, or will governments hand students a “euro credit” that can be cashed in at any institution across Europe? All that is certain is that the often sleepy world of European academia is in for a rude awakening. As IE’s dean, Santiago Iniguez de Onzono, points out: “Bear in mind that many of the old, established universities in Europe have not competed for 700 years. This is going to be tough.”



Part 1

This type of programme has proved popular with employers in Europe and many programmes such as Grenoble’s involve business closely in curriculum design and teaching. Their popular-ity has also been helped by accreditation schemes specially designed for them by the Europe-an Foundation for Management Development (the EFMD Programme Accreditation System or EPAS) and AMBA (Pre-experience Masters in Management programmes or PEMM).

Specialised masters’ programmesMany European schools offer a range of specialised masters’ (MSc or MA) programmes. For example, as well as its MBA programmes (and an MSc in Management), Cass Business School in the UK offers 23 specialised MSc programmes, ranging from actuarial management, through logistics, trade and finance, to grant-making management (for those interested in a career in grant-making organisations). Nottingham Business School, also in the UK, offers nine MSc programmes, ranging from computational finance to tourism management and marketing, and seven MA programmes, from corporate social responsibility to risk management. Similarly, Lancaster University Management School has 18 specialised MSc and MA programmes. London Business School (LBS) has long run a successful MSc in Finance (MiF) programme.

As with the Masters in Management, employers are increasingly attracted by these pro-grammes. Unlike an MBA, which is by definition a qualification in general management, spe-cialised masters’ degrees are highly focused on particular industry sectors and even specific career areas with a lot of the teaching done by expert practitioners.

Unlike the MSc in Management, the age profile and education and work history of students who take specialist masters’ degrees is similar to those taking an MBA, and many specialised pro-grammes require the GMAT.

How do specialist masters’ programmes differ from an MBA?

Apart from the specialisation itself, there are as many similarities as differences. In broad terms, specialised masters’ programmes generally follow the structure of an MBA, with a range of core courses that all students must take followed by a range of electives and ending with a consultancy-like project.

Thus a specialised programme can be broad in approach in the core but narrow down in the elective stage, effectively allowing a specialisation within a specialisation. Despite this approach, the degree is not as broad as an MBA. Students will find no marketing or organisa-tional behaviour courses in the core, for example.

What, if any, are their advantages for schools …

Given the sustained popularity of the MBA degree, do business schools gain anything from offering these programmes, which lack the glamour of the MBA? LBS has admitted in the past that launching the MiF raised some concerns about whether, given the similarity in student profiles, the programme might cannibalise the MBA market, though it says that there is no sign that this has happened.

Specialist programmes can enhance a business school’s MBA programme. For example, at LBS, the MiF has allowed the school, always strong in finance, to expand the finance elective offer-ings on its MBA programme.

For schools offering specialist programmes the trick seems to be to position them in carefully



Part 1

defined sectors that often coincide directly with existing career strengths. At Cass, for exam-ple, given its location in the heart of London’s City financial district, there is a strong emphasis on some of the more esoteric areas of finance such as actuarial science as well as on logistics, shipping and real estate. Lancaster’s specialist programmes also have a solid leaning towards finance, but it also includes project management, operations research and MAs in “softer” areas such as human resources.

… and for students?

For prospective students the choice is straightforward but not less difficult. Specialised mas-ters’ programmes offer a direct route to a specific career. Employers understand and value them. The MBA, however, is a much more general degree and, unless customised through elec-tives, does not naturally lead to any particular career route. But the MBA has a cachet that other programmes, rightly or wrongly, may lack.

The bottom line seems to be that if you know the career you want, or if you want to advance in your existing one, specialised masters’ programmes have a lot to offer. If you are undecided, or want to switch careers, the broader-based MBA may be the choice for you.

Specialised MBAsAlthough in theory the MBA is a general management qualification, it has always been open to specialisation. Choosing to group your elective subject choices into a major or concentration in a certain area, such as accounting or marketing (which some schools, especially in the US, actually require), is obviously specialisation. Some schools will officially acknowledge this on the degree. Over the past decade this type of specialisation has become increasingly overt and very much career-based.

A stronger trend has been the emergence of specialised MBA programmes that offer the degree in clearly defined areas such as arts management, healthcare management, or even football management. These are generally offered by smaller business schools which are looking for a highly visible niche in a competitive and overcrowded market and are realistic enough to real-ise they cannot compete directly with the bigger business schools, most of which are still wed-ded to the traditional generalist MBA.

This kind of specialist MBA sets out from the start to deliver a programme completely geared to a function or industry, though it may contain some general management inputs. A good exam-ple is the Executive Wine MBA, offered, appropriately, by Bordeaux Business School in France. This part-time programme is closely geared to the wine industry and is designed for students already working in it or with a strong desire to do so. It is delivered in co-operation with other schools in Australia, the US (California) and Chile, covering four of the world’s most important wine areas.

In this respect, specialised MBAs have a lot in common with the specialised masters’ pro-grammes offered by leading business schools alongside their MBA programmes.


Part 1

Chapter 7

Top 10 considerations in choosing a business school

According to the Economist Intelligence Unit’s survey of students and graduates for Which MBA? 2008, the most important factors in how and why students choose a particular school and pro-gramme are reputation, programme content, location, a school’s published ranking position and the quality of the teaching faculty. There are many other criteria, of course, and the impor-tance of factors varies from student to student and region to region.

Table 7.1How did you choose the school where you are taking or took your MBA?(full-time students, %)a


Reputation of school 35 34 36 35

Content of programme 15 15 15 13

Location 12 13 11 13

Published ranking position 11 13 11 9

Quality of teaching faculty 10 8 10 12

Teaching methods 5 4 4 2

Tuition and living costs 4 5 4 7

Friend’s recommendation 3 3 3 2

Careers services record 2 2 3 3

Starting salary of graduates 2 2 2 3a Importance accorded by students to each factor.

The results in Table 7.1 show the overwhelming importance of a school’s reputation. Careers services and starting salaries, according to our survey, play a remarkably small part in attract-ing students. Why this should be so is unclear, since MBA students complain vociferously if they feel that these areas are underperforming. It may reflect a growing acceptance that even the best careers office cannot promise, let alone guarantee, a job.

Below are what we consider to be the ten essential criteria that students should consider before choosing an MBA.

1 ProgrammeThe essential elements of a good MBA programme, including such things as core and elective subjects, soft skills training and projects, are discussed in the box on page 45. You can usually find this information on schools’ websites and in their brochures. You should look carefully at the curriculum details of any programme that interests you, particularly any changes that are being proposed, which can be more frequent than you might think. Students’ views on their programmes, according to our survey, are set out in Table 7.2. The results are based on ques-tions covering areas such as the content and structure of the programme, the range of elec-tives, the teaching quality and practical relevance.


Chapter 7Top 10 considerations in choosing a business school

Part 1

Table 7.2Student and graduate ratings of programme content

School % School %

Chicago 96 IE 90

Hong Kong UST 96 Imperial (Tanaka) 90

Monash 95 New York (Stern) 90

York (Schulich) 93 Virginia (Darden) 89

Northwestern (Kellogg) 92 Indian Institute (Ahmedabad) 89

MIT (Sloan) 91 Dartmouth (Tuck) 89

Michigan (Ross) 91 Cambridge (Judge) 88

INSEAD 90 Columbia 88

ESADE 90 London 88

Cornell (Johnson) 90 HEC Paris 88

Rice (Jones) 90 City (Cass) 88

Stanford 90 Duke (Fuqua) 88

Carnegie Mellon (Tepper) 90 North Carolina (Kenan-Flagler) 88Note. These figures are derived from our survey of students and alumni; caution should be used when interpreting them.

2 FacultyA school’s faculty—academic teachers and research staff—is the foundation of its reputation. Their abilities and qualifications are one of the best indicators of a school’s standing. Faculty are also a key element in a school’s marketing mix and are crucial in attracting good students and corporate support.

Table 7.3Student and graduate ratings of faculty

School % School %

Hong Kong UST 97 IE 92

Chicago 95 Harvard 92

Indiana (Kelley) 94 MIT (Sloan) 92

Cornell (Johnson) 94 Maryland (Smith) 92

Virginia (Darden) 94 Penn State (Smeal) 91

Rice (Jones) 94 North Carolina (Kenan-Flagler) 91

Carnegie Mellon (Tepper) 93 Dartmouth (Tuck) 91

Iowa (Tippie) 93 Michigan (Ross) 91

Duke (Fuqua) 93 Rochester (Simon) 91

New York (Stern) 92 Emory (Goizueta) 91

Stanford 92 Notre Dame (Mendoza) 91Note. These figures are derived from our survey of students and alumni; caution should be used when interpreting them.

Top academic staff, who combine original and innovative thinking, a realistic grasp of corpo-rate issues, and the skill to impart their knowledge and enthusiasm to students, are hard to come by. A shortage of good young business faculty is causing problems for schools that are eager to recruit them and is driving up academic salaries, especially in areas such as strategy,


Chapter 7 Top 10 considerations in choosing a business school

Part 1

accounting and finance. However, the shortages are not affecting all schools equally and the biggest schools are likely to be best placed to attract leading players.

As well as their own faculty members, many schools play host to visiting academics from other schools (sometimes as a prelude to poaching them), practising executives and others, normal-ly known as visiting or adjunct faculty, who bring fresh knowledge and perspectives into the classroom.

What should be in an MBA programme?There are certain elements that by consensus are regarded as essential to an MBA. They include initial functional or core courses (such as finance, marketing and economics) and specialist analytical techniques (mainly statistics), followed by more advanced courses or electives in one or more of the core areas. Soft skills are increasingly important (see Chapter 3) and may be part of the core courses or taught in supplementary seminars and workshops.

There have been experiments with new approaches and variations on this theme, but the model has proved remarkably robust. Below is a checklist of what an MBA programme should ideally contain. Although developed by the Economist Intelligence Unit, this is not dissimilar from the criteria used by the major international accreditation bodies (see page 51).

Checklist for an MBA programme

The programme should ideally contain the following:

● Pre-programme courses (optional or required) on quantitative methods, computing and mathematics for students not already skilled in these areas.

● An orientation programme before the start of the first term to meet other students and members of the faculty, and for team-building exercises.

● Solid grounding in core courses for general management.

● Waivers for existing skills (these are opposed by some schools).

● A wide choice of electives that also allow in-depth specialisation. Some courses outside the business school (for example, in other university departments) should be allowed and encouraged.

● Good international content, for example: course material, the number of foreign students and teachers, visits overseas, the opportunity for language tuition and exchanges with foreign schools.

● Reasonable emphasis on soft skills.

● A good range of company projects.

The schools should also provide the following:

● Good teaching skills and research and library facilities.

● A satisfactory programme of senior executives as guest speakers, “executives in residence” and others.

● Reasonable open-door policy for access to faculty.

● An administration willing to respond to student concerns.

● Formal help with finding accommodation.

● Excellent careers services, including training in interview skills.

● A good and active network of alumni.



Part 1

3 CultureYou may think that all business schools are more or less the same, differentiated only by their positions in the rankings. But while there are similarities—the appearance and atmosphere of a tiered, horseshoe-shaped MBA classroom is almost a global symbol—there are many more differences.

Taking an MBA at, say, London Business School will be a different experience from studying one at Monash Graduate School of Business, just as Monash will be different from the Univer-sity of California at Berkeley (Haas) in the US. This is much more than simple geography; there are just as many differences among schools within the same country.

These differences are an indication of a school’s culture, that indefinable but all-pervading quality that stems from a stated purpose, history, staff, students, business environment and so on. A school’s prevailing culture is not easy to assess, but students consistently point out how important it can be to the overall MBA experience. The editorial comments in the directory indicate the more important cultural issues.

4 SizeThe importance of the size of a business school can often be overlooked by prospective stu-dents. But it can have a huge influence on the experience of taking an MBA. As with culture, the size of business schools (not just the numbers of MBA students but also how many under-graduates they have, whether or not they have large part-time and executive MBA intakes, and their involvement in executive education) varies enormously. Many schools deliberately restrict the size of their full-time MBA intake, arguing that a smaller cohort improves the qual-ity of the teaching and learning experience. Conversely, many leading schools, such as Harvard and INSEAD, have annual intakes of around 900.

The full-time average intake per year at North American schools in the directory this year is 227, compared with 102 in Europe and 84 in Asia and Australasia. The directory entries show the number of students enrolled in the most recent incoming programme and the size of the faculty.

Smaller schools allow more involvement but may lack the resources to provide an extensive choice of other elements, such as electives. Bigger schools running two-year courses can have more than 1,000 students on campus. They may have the resources but they can also some-times be anonymous, offering minimal contact with faculty.

5 FacilitiesMost business schools have excellent physical facilities. The directory entries give an indica-tion of what is available. Although the content matters more than the packaging, the need to attract good students and staff and to introduce new technology, which is much easier in a modern building, has stimulated a major and continuing business school building boom over the past decade.

All this has been good for students. North American schools, with their large endowments and ability to call on wealthy alumni, have created some superb facilities. Table 7.4 shows the results produced when we surveyed students and recent graduates on schools’ facilities and the back-up they received from schools’ administrations.



Part 1

Table 7.4Student and graduate ratings of back-up and facilities

School % School %

Hong Kong UST 98 Cornell (Johnson) 93

Bath 97 Cranfield 93

Iowa (Tippie) 95 Lancaster 93

Rice (Jones) 95 Virginia (Darden) 93

Dartmouth (Tuck) 95 Emory (Goizueta) 93

Vanderbilt (Owen) 95 Norwegian BI 93

Chicago 95 HEC Montréal 92

Ashridge 94 Imperial (Tanaka) 92

Harvard 94 York (Schulich) 92

Monash 94 Wisconsin-Madison 92Note. These figures are derived from our survey of students and alumni; caution should be used when interpreting them.

As a minimum there should be a good library, preferably dedicated to MBA students, with man-agement and business books and access to national and international databases and communi-cation systems, CDs and, especially, the Internet. Easy laptop access (preferably wireless) to a school’s intranet is essential. Many schools require or advise students to have their own laptop computer (where this is so it is indicated in the directory entry), although computer centres with plenty of PCs remain important. More and more schools now provide laptops or insist stu-dents buy those they recommend, often at a discount. This is mainly to ensure compatibility but also because of fear of imported viruses. Sports and recreation facilities are also highly desirable.

6 Careers servicesHowever good a school’s programme, facilities and culture may be, in the end you also need it to help you find the job you want. Of course, no business school can hand you a job on a plate, but it should have a careers service capable of introducing you to the types of firms you want to work for and equipping you to perform as well as possible in the recruitment process. How students view careers services and the salaries they achieve after graduation are important ele-ments in the ranking of schools by the Economist Intelligence Unit. As Table 7.5 shows, North American schools, which devote more resources to these services, are often better organised and staffed than in Europe, where many university-based schools merely direct their MBA graduates to the central careers office. This is a cause of many complaints—though it is slowly improving.



Part 1

Table 7.5Student and graduate ratings of careers service

Chicago 92 New York (Stern) 85

Hong Kong UST 92 Northwestern (Kellogg) 85

California at Berkeley (Haas) 92 Ashridge 84

ESADE 92 Washington (Foster) 84

Indian Institute (Ahmedabad) 90 Southern California (Marshall) 82

Rice University (Jones) 90 Wisconsin-Madison 82

IMD 88 Carnegie Mellon (Tepper) 82

Stanford 87 IE 81

Cornell (Johnson) 87 Duke (Fuqua) 81

Dartmouth (Tuck) 86 City (Cass) 81

Michigan (Ross) 86 Note. These figures are derived from our survey of students and alumni; caution should be used when interpreting them.

7 InternationalismThere is probably not a business school in existence that does not claim to be international in its outlook, student body, faculty and teaching material. Indeed, many are going out of their way to prove it, often at considerable expense. INSEAD, for example, has two campuses, one in France and one in Singapore. Chicago has outposts in London and Singapore. All schools make a big issue in their publicity material of the numbers of foreign students and faculty they admit and employ.

But even though internationalism may generally be seen as a good thing—indeed, it is a cri-terion in the Economist Intelligence Unit ranking—it does have its critics. Some schools are accused of neglecting their home market, for example. On some programmes native-born stu-dents point out that their foreign classmates can limit a programme because they lack linguis-tic skills or have a cultural aversion to participation.

Table 7.6Schools by percentage of foreign students

School % School %

IMD 97 Queensland 93

Monaco 97 Hong Kong BS 92

Vlerick Leuven Gent 96 Ashridge 92

Glasgow 96 Aston 92

Strathclyde 96 Audencia (Nantes) 92

Aston 96 Bath 91

Sheffield 95 Birmingham 91

Oxford (Saïd) 95 Bocconi 90

Rotterdam (Erasmus) 94 Bradford 90

Nyenrode 94 Cambridge (Judge) 90

Bradford 93 City (Cass) 90

Newcastle 93



Part 1

Table 7.7Foreign students by region

Europe % North America % Asia & Australasia %

IMD 97 Hult 92 Hong Kong BS 92

Monaco 97 Pittsburgh (Katz) 89 Singapore 90

Vlerick Leuven Gent 96 Minnesota (Carlson) 79 Hong Kong UST 84

Glasgow 96 Brandeis 77 Queensland 83

Strathclyde 96 York (Schulich) 73 Nanyang 81

Aston 96 MIT (Sloan) 65 Chinese University of Hong Kong 79

Sheffield 95 British Columbia (Sauder) 58 Japan 79

Oxford (Saïd) 95 Wisconsin-Madison 54 Macquarie 77

Rotterdam (Erasmus) 94 Case Western (Weatherhead) 50 Melbourne 70

Nyenrode 94 Emory (Goizueta) 47 Otago 46

Table 7.8Student and graduate ratings of internationalism

School % School %

Hong Kong UST 98 Rotterdam (Erasmus) 89

INSEAD 93 HEC Paris 89

Thunderbird 93 Melbourne 89

IE 92 Chinese University of Hong Kong 89

Brandeis 92 ESADE 88

Hult 92 South Carolina (Moore) 88

London 92 China Europe Int Business School 87

Mannheim 90 Edinburgh 86

IESE 89 Nanyang 86

Norwegian BI 89 Southern California (Marshall) 86

York (Schulich) 89 Note. These figures are derived from our survey of students and alumni; caution should be used when interpreting them.

It can also be argued that what matters more than numbers of foreign students or faculty is the way teaching and casework are done. Unfortunately, this is hard for would-be students to assess. In the end, the easiest and most common method of assessing internationalism is sim-ply to measure the percentage of non-national students and faculty studying and teaching at schools. Tables 7.6 and 7.9, derived from our 2008 survey, provide these figures.



Part 1

Table 7.9Schools by percentage of foreign faculty

School % School %

IMD 100 Grenoble 58

Monaco 97 Ashridge 58

INSEAD 89 Durham 57

TiasNimbas 88 Cape Town 57

Hong Kong UST 86 Queensland 57

Hong Kong BS 85 Audencia (Nantes) 56

London 78 McGill 55

China Europe Int Business School 68 Nanyang 55

Chinese University of Hong Kong 67 City (Cass) 53

Melbourne 59 IE 52

Table 7.10Foreign faculty by region

Europe % North America % Asia & Australasia %

IMD 100 McGill 55 Hong Kong UST 86

Monaco 97 South Carolina (Moore) 44 Hong Kong BS 85

INSEAD 89 Washington(Foster) 43 China Europe Int Business School 68

TiasNimbas 88 York (Schulich) 43 Chinese University of Hong Kong 67

London 78 British Columbia (Sauder) 40 Melbourne 59

Grenoble 58 Purdue (Krannert) 40 Queensland 57

Ashridge 58 Northwestern (Kellogg) 38 Nanyang 55

Durham 57 Pittsburgh, (Katz) 38 Otago 44

Audencia (Nantes) 56 Hult 35 Curtin 39

City (Cass) 53 North Carolina (Kenan-Flagler) 32 Singapore 38

However, internationalism also has a more practical side. It should mean some opportunity to experience a foreign country as part of an MBA programme. This may involve a study trip, an overseas project or a full-blown exchange, maybe spending a full term at a business school in another country.

It also means language skills. English may be the international business language, and inter-national courses are almost invariably taught in English, but the more internationally minded schools place a strong emphasis on linguistic ability. Many schools, such as London Business School, now require foreign-language skills for graduation.

8 LocationMBA students often choose where they would like to study for their MBA first and then look round for a suitable school. This is not as whimsical as it might appear. In the US, for example, an MBA programme can be a good way to find a job in a particular region. Schools in favoured locations such as California or the south-eastern sun belt attract many out-of-state students who settle in the area after graduation. In other parts of the world, students may be attracted across national borders because they have an interest in working in a particular country. Stu-



Part 1

dents often have existing links with, or an interest in, their chosen country of study; they may already know the language and may plan to work there after graduation. Also their preferred career direction may dictate a location, such as New York or London for finance or California for IT. In any event, most students find that, although it may add to the pressures, working for an MBA in a new location adds to the development potential of any programme.

9 CohortOne of the most important parts of any MBA programme is the body of students with whom you will study, often known, particularly in America, as a cohort. It is a cliché (and therefore contains a lot of truth) that you will learn as much from your cohort as you will from your professors.

So what should you look for? First, your fellow students should be bright—at least as bright as you and hopefully even brighter. Look at GMAT scores and grade point averages. Second, they should be diverse both in their country of origin and their background. Look at the number of nationalities represented; there should be a good variety with no particular national group dominating. Their work experience and academic background should also be diverse, with stu-dents coming not just from a business background with business-related first degrees but from many areas. Tables 7.6–7.8 give some indication of the internationalism of the student body.

In our survey we asked students to assess their own classmates. The highest scores are listed in Table 7.11.

Table 7.11Student and graduate ratings of quality of student body

School % School %

Stanford 97 ESADE 92

California at Berkeley (Haas) 97 MIT (Sloan) 92

Dartmouth (Tuck) 96 Yale 92

Hong Kong UST 94 INSEAD 91

Virginia (Darden) 94 Michigan (Ross) 91

Northwestern (Kellogg) 94 Rice (Jones) 91

Cambridge (Judge) 93 Duke (Fuqua) 91

IMD 93 Harvard 91

Cornell (Johnson) 93 Columbia 91

Cranfield 92 Chicago 91Note. These figures are derived from our survey of students and alumni; caution should be used when interpreting them.

10 AccreditationAccreditation acts as an assurance that a school’s curriculum meets a minimum standard in terms of what is taught, the quality of students that are admitted and the standard of the fac-ulty. In other words, at the very least, accreditation means that the school to which you are applying will not be a dud.

The three main international accreditation bodies are the US-based Association to Advance Col-legiate Schools of Business (AACSB International); EQUIS, the accreditation arm of the Euro-pean Foundation for Management Development (EFMD) in Brussels; and the UK’s Association of MBAs (AMBA). Most business schools listed in the directory are accredited by one or more of



Part 1

these bodies and some by all three. (A few non-accredited schools are included because they are deemed to be of potential interest to some students.)

Although nominally geographically based, these three bodies are international in scope, accrediting business schools outside their own regions. This is an increasingly important aspect of accreditation: business schools with global ambitions need accreditation systems that are attractive to international students. For example, many schools in Europe seek AACSB Interna-tional accreditation because it reassures students from North America.


Part 2

Part 2Rankings

anddirectory


Part 2

Chapter 8

Full-time rankings

Why rank?The Which MBA? ranking of full-time MBA programmes is now in its seventh year. The reason we rank schools is straightforward: students demand it. If you are to pay tens of thousands of dol-lars for your tuition, it is only natural to seek some impartial judgement on the quality of the schools you are considering. Business schools themselves are slowly coming around to the idea of rankings too. It is fair to say that at first they were antipathetic to them—after all, no one really likes to be graded by outsiders—but now many recognise rankings as a legitimate tool for prospective students. (Many have come to see the rankings as effective marketing tool as well.)

This is not to say that rankings are perfect. The rankings should form only part of a student’s selection process. It is equally important to look at issues such as school culture, employment prospects and areas of speciality. Although the Which MBA? rankings do not seek to measure a school’s reputation, this can also be important.

To gain a rounded picture, it is essential to look at several different rankings. No two rankings will seek to measure exactly the same things, so be sure you understand the methodology of the survey and whether or not what is being measured is an important consideration for you.

How is the Economist Intelligence Unit ranking different?The ethos behind our ranking is simple. For well over a decade the Economist Intelligence Unit has been surveying students about why they decided to take an MBA. Four factors consistently emerge:

● to open new career opportunities and/or further current career;

● personal development and educational experience;

● to increase salary;

● the potential to network

These are the basis of our ranking. The Economist Intelligence Unit ranks full-time programmes on their ability to deliver to students the things that they themselves cite as most important. It weights each element according to the average importance given to it by students surveyed over the past five years. The criteria used to measure each of these four factors are detailed in Table 8.8.


Chapter 8Full-time rankings

Part 2

Other rankingsIt is essential to look at several rankings when choosing a school and to understand the methodologies behind them. There are countless rankings on the market, often concentrating on a specific country or region. However, alongside the Economist Intelligence Unit’s, there are three other major global rankings.

Business Week. This is probably the most influential ranking, especially in North America. It surveys MBA graduates and MBA recruiters on a wide range of issues. Perhaps mindful of the Financial Times (see below), it has introduced a measure of “intellectual capital”, which it describes as “a school’s influence on the realm of ideas.” This makes up 10% of the ranking; the remaining 90% is split between students and recruiters.

Top ranked schools (US): 1. Chicago; 2. Pennsylvania (Wharton); 3. Northwestern (Kellogg); 4. Harvard; 5. Michigan (Ross).

Top ranked schools (non-US): 1. Queen’s; 2. Western Ontario (Ivey); 3. Toronto (Rotman); 4. IMD; 5. London

Financial Times. This ranking is based on three main criteria: the career progression obtained from the MBA (particularly its purchasing power in the marketplace); diversity of experience; and the school’s research qualities.

Top ranked schools: 1. Pennsylvania (Wharton); 2. Columbia; 3= Harvard; 3= Stanford; 5. London

Wall Street Journal. This ranking is based on a survey of recruiters on their perceptions of the attributes of schools and students.

Top ranked schools: 1. Dartmouth (Tuck); 2. Michigan (Ross); 3. Carnegie Mellon (Tepper); 4. Northwestern (Kellogg); 5. Pennsylvania (Wharton)

All MBA programme rankings depend on surveys of interested parties: the business schools; the students or graduates; and recruiters. The Economist Intelligence Unit ranking follows this pattern but differs from the rest in several important areas.

● More student-centric (continuing Which MBA?’s tradition of appealing to a student audi-ence). It measures the way schools meet the demands students have of an MBA programme.

● All-embracing. It is based on detailed questionnaires completed by business schools and around 20,000 current MBA students and graduates around the world. Key numerical data (such as average GMAT scores) are combined with subjective views from students and gradu-ates (such as their assessment of a business school’s faculty).

● Global. It allows direct comparison of MBA programmes around the world.

● Regional. It compares MBA programmes in three regions: North America; Europe; and Asia and Australasia.

● Flexible. Programmes may be ranked in many ways, producing, for example, tables of the top ten US or Asian and Australasian schools by GMAT score or the top ten US and European schools by percentage of foreign students.

● Transparent. All the data used to rank schools are published as part of the school’s profile in the directory section of this book.

Other rankings have some, but not all, of the above features.


Chapter 8 Full-time rankings

Part 2

How did we choose which schools to rank?The Economist Intelligence Unit ranking of full-time MBA programmes was based on an initial selection of 133 leading business schools around the world. All 133 schools were invited to take part in our two-stage survey, which requires input from schools and the students/alumni of each school. Of these, we were unable to rank 18 schools (see Table 8.1). The global top 100 schools were gleaned from the remaining 115. Schools outside the top 100 were given a regional ranking only.

Table 8.1Why schools could not be ranked

Failed to respond/unwilling to take part

Australian Graduate School of Management

Babson College—Franklin W Olin Graduate School of Business

University of Calgary—Haskayne School of Business

Concordia University—John Molson School of Business

EDHEC Business School

ENPC School of International Management

Helsinki School of Economics

Heriot-Watt University—Edinburgh Business School

Institut d’Etudes Politiques de Paris—MBA Sciences Po

Queen’s School of Business—Queen’s University

University of Toronto—Joseph L Rotman School of Management

University of Western Ontario—Richard Ivey School of Business

College of William & Mary—Mason School of Business

Insufficient data

EGADE—Tec de Monterrey

Georgetown University— McDonough School of Business

Royal Holloway School of Management—University of London

University of Southampton—School of Management

No full-time programme

Open University Business School

Given that 400 schools in the US have AACSB International accreditation and there are many more that are not accredited, it could be argued that, with 59 North American schools, the Economist Intelligence Unit ranking under-represents this important MBA market. However, one of the main objectives of the survey is to provide global comparisons and it was limited to leading schools throughout the world (so even schools at the bottom of our rankings are among the world’s best). In common with all other rankings, there was an element of selectiv-ity before the ranking process began.



Part 2

ResultsRankings are little more than an indication of the MBA market at a particular time. They reflect the prevailing conditions such as salaries, jobs available and the situation at a school at the time the survey was carried out. Results of rankings can be notoriously volatile, so they should be treated with caution. However, the Economist Intelligence Unit survey looks at data over a three-year period, which helps provide a more rounded picture. Table 8.2 is a listing of schools in rank order.

Table 8.2Global ranking, 2008

Rank (2007 position in brackets) School Country

1 (5) IMD—International Institute for Management Development Switzerland

2 (3) IESE Business School—University of Navarra Spain

3 (1) University of Chicago—Graduate School of Business US

4 (2) Stanford Graduate School of Business US

5 (4) Dartmouth College—Tuck School of Business US

6 (6) University of California at Berkeley—Haas School of Business US

7 (7) University of Cambridge—Judge Business School UK

8 (8) New York University—Leonard N Stern School of Business US

9 (15) London Business School UK

10 (9) IE Business School Spain

11 (22) Hong Kong University of Science and Technology—School of Business and Management Hong Kong

12 (13) Harvard Business School US

13 (11) Cranfield School of Management UK

14 (21) Vlerick Leuven Gent Management School Belgium

15 (24) York University—Schulich School of Business Canada

16 (14) Northwestern University—Kellogg School of Management US

17 (20) University of Pennsylvania—Wharton School US

18 (17) Massachusetts Institute of Technology—MIT Sloan School of Management US

19 (16) INSEAD France/Singapore

20 (10) Henley Management College UK

21 (18) Columbia Business School US

22 (12) University of Michigan—Stephen M Ross School of Business US

23 (27) Warwick Business School UK

24 (19) Ashridge UK

25 (23) University of Virginia—Darden Graduate School of Business Administration US

26 (n/a) Melbourne Business School—University of Melbourne Australia

27 (31) University of Oxford—Saïd Business School UK

28 (28) Cornell University—Johnson Graduate School of Management US

29 (29) Duke University—Fuqua School of Business US

30 (25) Yale School of Management US

31 (39) Hult International Business School US



Part 2


32 (37) HEC School of Management, Paris France

33 (47) ESADE Business School Spain

34 (32) University of Notre Dame—Mendoza College of Business US

35 (33) Carnegie Mellon University—Tepper School of Business US

36 (26) University of Washington—Business School US

37 (35) International University of Monaco Monaco

38 (41) University of Southern California—Marshall School of Business US

39 (30) Emory University—Goizueta Business School US

40 (44) University College Dublin—Michael Smurfit Graduate School of Business Ireland

41 (n/a) UCLA—Anderson School of Management US

42 (n/a) Indiana University—Kelley School of Business US

43 (34) Ohio State University—Fisher College of Business US

44 (n/a) Rice University—Jesse H Jones Graduate School of Management US

45 (58) Imperial College London—Tanaka Business School UK

46 (38) City University—Cass Business School UK

47 (43) Monash University Australia

48 (45) University of Texas at Austin—McCombs School of Business US

49 (42) University of North Carolina at Chapel Hill—Kenan-Flagler Business School US

50 (46) Rotterdam School of Management—Erasmus University Netherlands

51 (n/a) Mannheim Business School Germany

52 (50) Lancaster University Management School UK

53 (51) University of Maryland—Robert H Smith School of Business US

54 (48) University of Wisconsin-Madison—Graduate School of Business US

55 (56) University of Edinburgh Business School UK

56 (49) Washington University in St Louis—Olin School of Business US

57 (84) Macquarie Graduate School of Management Australia

58 (36) University of Hong Kong—School of Business Hong Kong

59 (60) Brandeis International Business School US

60 (57) Manchester Business School UK

61 (54) Aston Business School UK

62 (40) Pennsylvania State University—Smeal College of Business US

63 (65) University of Bath School of Management UK

64 (n/a) University of Minnesota—Carlson School of Management US

65 (59) University of Durham—Durham Business School UK

66 (55) Vanderbilt University—Owen Graduate School of Management US

67 (63) University of Birmingham—Birmingham Business School UK

68 (71) University of California at Davis—Graduate School of Management US

69 (78) Audencia School of Management Nantes France

70 (64) University of Strathclyde—Graduate School of Business UK

71 (74) Boston University School of Management US

72 (70) University of Pittsburgh—Joseph M Katz Graduate School of Business US



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73 (91) Chinese University of Hong Kong Hong Kong

74 (66) E.M. Lyon France

75 (68) Purdue University—Krannert Graduate School of Management US

76 (61) University of Iowa—Henry B Tippie School of Management US

77 (52) Leeds University Business School UK

78 (75) University of Glasgow Business School UK

79 (98) Newcastle University Business School UK

80 (86) Bocconi University School of Management Italy

81 (72) Nanyang Technological University—Nanyang Business School Singapore

82 (77) International University of Japan—Graduate School of International Management Japan

83 (67) University of South Carolina—Moore School of Business US

84 (89) University of British Columbia—Sauder School of Business Canada

85 (81) Wake Forest University—Babcock Graduate School of Management US

86 (83) Southern Methodist University—Cox School of Business US

87 (69) University of Illinois at Urbana-Champaign—College of Business US

88 (82) University of Rochester—William E Simon Graduate School of Business US

89 (94) National University of Singapore—The NUS Business School Singapore

90 (73) TiasNimbas Business School Netherlands

91 (92) Indian Institute of Management—Ahmedabad India

92 (85) University of Georgia—Terry College of Business US

93 (62) Nottingham University Business School UK

94 (80) Curtin University Graduate School of Business Australia

95 (95) Temple University—Fox School of Business US

96 (n/a) Thunderbird School of Global Management US

97 (97) Universiteit Nyenrode—The Netherlands Business School Netherlands

98 (88) Sheffield University Management School UK

99 (93) Bradford School of Management UK

100 (n/a) McGill University—Faculty of Management Canada

Given the emphasis that full-time students put on schools’ careers services it is no surprise to find that this is one of the strong points of most of the top schools in the ranking. It is per-haps the area that receives the most vocal criticism from students when it does not meet their high expectations, but when managed well it can set a school apart. At IMD, for example, 99% of students were in a job within three months of graduating, a fact that no doubt helped the careers service receive a very high rating from students. It was a similar story at IESE and Chicago, both of which score highly in the open new career opportunities category.

One reason that the top-rated schools have impressive careers statistics is that they are well-resourced. However, it is also true that the students from the schools with the highest aca-demic standard will automatically draw the attention of the best employers. What sets the top-rated schools apart is that they do not rely merely on their reputation to place students, but couple this with a tireless quest to bring the best employers to the school.



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Bringing together the top companies and the brightest students inevitably leads to some impressive salaries. European schools have recently had the upper hand when it comes to the salaries of their graduates. This is partly because their students are generally older with more work experience. However, despite a tough economic climate, many US schools have seen an increase in the salaries of their graduates. Twelve schools now boast average salaries over US$100,000, with Stanford leading North America at US$112,000.

But this is still well behind Europe’s tally of 21 schools. At IMD, for example, graduates can expect to earn a basic salary of US$130,000. Even at some lower-ranking European schools, such as Strathclyde or Audencia, students can expect to out-earn their more prestigious coun-terparts at Stanford or Harvard.

Table 8.3Top ten schools by category

Open new career Personal development Increase Potential opportunities and educational salary to network experience

1 Chicago Henley Ashridge Henley

2 Indian Institute (Ahmedabad) Monash Henley Thunderbird

3 Hong Kong UST Curtin HEC Paris Vlerick Leuven Gent

4 California at Berkeley (Haas) Bath IESE New York (Stern)

5 New York (Stern) Cambridge (Judge) Warwick HEC Paris

6 Dartmouth (Tuck) Hong Kong UST IMD IE

7 IE Melbourne Oxford (Saïd) Notre Dame (Mendoza)

8 IESE INSEAD Bath Cambridge (Judge)

9 Virginia (Darden) Hong Kong SB Hult E.M. Lyon

10 IMD York (Schulich) London Northwestern (Kellogg)

European schools also do well in the networking stakes, often because their alumni are more international. IE, for example, has alumni associations in 49 countries. Even relatively young European schools, such as Cambridge, already have an impressive reach across the world. In contrast, many US schools’ alumni are yet to open a single overseas branch.

What the US schools are generally much better at, though, is keeping their alumni active once they have left the programme. In this they are helped to some extent by having graduated more MBAs each year for a longer time, meaning they have a bigger alumni base. But it is still an impressive achievement to keep so many involved. Wharton, for example has over 80,000 active MBA alumni and Stern (New York) has over 50,000.



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Regional round-upNorth America

Despite some signs that the rest of the world is closing the gap, the US is still the world leader in business education. Few schools outside the country can match the influence, reputation and sheer size of the leading US schools, such as Chicago, Stanford, Harvard and Wharton. The best schools have several advantages. For a start, their prestige is such that they can cherry-pick the best students and faculty. The average GMAT score of a student at Stanford is 721. Wharton may have over 200 faculty teaching on its MBA programme, but every one of them has a PhD; Chicago is not far behind and can also boast several Nobel Prize winners among its faculty.

Table 8.4North American schools by rank


1 (1) University of Chicago—Graduate School of Business US

2 (2) Stanford Graduate School of Business US

3 (3) Dartmouth College—Tuck School of Business US

4 (4) University of California at Berkeley—Haas School of Business US

5 (5) New York University—Leonard N Stern School of Business US

6 (7) Harvard Business School US

7 (13) York University—Schulich School of Business Canada

8 (11) University of Pennsylvania—Wharton School US

9 (8) Northwestern University—Kellogg School of Management US

10 (9) Massachusetts Institute of Technology—MIT Sloan School of Management US

11 (10) Columbia Business School US

12 (6) University of Michigan—Stephen M Ross School of Business US

13 (12) University of Virginia—Darden Graduate School of Business Administration US

14 (16) Cornell University—Johnson Graduate School of Management US

15 (17) Duke University—Fuqua School of Business US

16 (14) Yale School of Management US

17 (22) Hult International Business School US

18 (19) University of Notre Dame—Mendoza College of Business US

19 (20) Carnegie Mellon University—Tepper School of Business US

20 (15) University of Washington—School of Business US

21 (24) University of Southern California—Marshall School of Business US

22 (18) Emory University—Goizueta Business School US

23 (n/a) UCLA—Anderson School of Management US

24 (n/a) Indiana University—Kelley School of Business US

25 (21) Ohio State University—Fisher College of Business US

26 (n/a) Rice University—Jesse H Jones Graduate School of Management US

27 (26) University of Texas at Austin—McCombs School of Business US

28 (25) University of North Carolina at Chapel Hill—Kenan-Flagler Business School US

29 (29) University of Maryland—Robert H Smith School of Business US



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30 (27) University of Wisconsin-Madison—Graduate School of Business US

31 (28) Washington University in St Louis—Olin School of Business US

32 (32) Brandeis International Business School US

33 (23) Pennsylvania State University—Smeal College of Business US

34 (n/a) University of Minnesota—Carlson School of Management US

35 (31) Vanderbilt University—Owen Graduate School of Management US

36 (38) University of California at Davis—Graduate School of Management US

37 (39) Boston University School of Management US

38 (37) University of Pittsburgh—Joseph M Katz Graduate School of Business US

39 (35) Purdue University—Krannert Graduate School of Management US

40 (33) University of Iowa—Henry B Tippie School of Management US

41 (34) University of South Carolina—Moore School of Business US

42 (45) University of British Columbia—Sauder School of Business Canada

43 (41) Wake Forest University—Babcock Graduate School of Management US

44 (43) Southern Methodist University—Cox School of Business US

45 (36) University of Illinois at Urbana-Champaign—College of Business US

46 (42) University of Rochester—William E Simon Graduate School of Business US

47 (44) University of Georgia—Terry College of Business US

48 (46) Temple University—Fox School of Business US

49 (49) Thunderbird School of Global Management US

50 (n/a) McGill University—Faculty of Management Canada

51 (40) University of Florida—Hough Graduate School of Business US

52 (47) Case Western Reserve University—Weatherhead School of Management US

53 (51) HEC Montréal Canada

54 (53) American University—Kogod School of Business US

55 (52) University of Arizona—Eller College of Management US

One of the reasons US schools maintain such high standards is that they have the economic resources to do so. This is not just as a result of their size; it also reflects the tradition of alumni donating large amounts of money to their alma mater. This is a peculiarly North American phe-nomenon. For example, Phil Knight, the founder of Nike, recently bequeathed his old school, Stanford, US$105m, with which it is building new facilities and has completely revamped its curriculum. In total, Stanford has US$835m in endowments on which it can draw. But even this is dwarfed by the US$2.3bn that Harvard has in its coffers.

Europe

Such huge bequests are rarely found in Europe. Indeed, when million-dollar gifts are given they often come from American alumni of European schools, as happened when Gary Tanaka donated £25m (US$50m) to Imperial College’s business school. But that is not to say that they don’t have their own, unique advantages. First among these is an unparalleled internation-alism, among the student body, the faculty and the curriculum. This can make the European MBA an exciting cultural experience. IMD, which heads the overall ranking of business schools for the first time, is a shining example of this. Around a quarter of students come from North



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America, with a further quarter from Asia or Australasia. In all, 97% of its students and 100% of its faculty are foreign.

Furthermore, European programmes are generally shorter and the students older and with more work experience. If the mantra is that you should learn as much from your cohort as your professors, then this makes many European schools very appealing. Ashridge students, for example, might not be able to hold a candle to their prestigious American counterparts when it comes to GMAT scores, but they do boast an average of 12 years’ business experience, three times that of Harvard.

Table 8.5European schools by rank


1 (2) IMD—International Institute for Management Development Switzerland

2 (1) IESE Business School—University of Navarra Spain

3 (3) University of Cambridge—Judge Business School UK

4 (7) London Business School UK

5 (4) IE Business School Spain

6 (6) Cranfield School of Management UK

7 (10) Vlerick Leuven Gent Management School Belgium

8 (8) INSEAD France

9 (5) Henley Management College UK

10 (11) Warwick Business School UK

11 (9) Ashridge UK

12 (12) University of Oxford—Saïd Business School UK

13 (14) HEC School of Management, Paris France

14 (18) ESADE Business School Spain

15 (13) International University of Monaco Monaco

16 (16) University College Dublin—Michael Smurfit Graduate School of Business Ireland

17 (24) Imperial College London—Tanaka Business School UK

18 (15) City University—Cass Business School UK

19 (17) Rotterdam School of Management—Erasmus University Netherlands

20 (n/a) Mannheim Business School Germany

21 (19) Lancaster University Management School UK

22 (22) University of Edinburgh Business School UK

23 (23) Manchester Business School UK

24 (21) Aston Business School UK

25 (29) University of Bath School of Management UK

26 (25) University of Durham—Durham Business School UK

27 (27) University of Birmingham—Birmingham Business School UK

28 (34) Audencia School of Management Nantes France

29 (28) University of Strathclyde—Graduate School of Business UK

30 (30) E.M. Lyon France

31 (20) Leeds University Business School UK



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32 (32) University of Glasgow Business School UK

33 (40) Newcastle University Business School UK

34 (35) Bocconi University School of Management Italy

35 (31) TiasNimbas Business School Netherlands

36 (26) Nottingham University Business School UK

37 (39) Universiteit Nyenrode—The Netherlands Business School Netherlands

38 (37) Sheffield University Management School UK

39 (38) Bradford School of Management UK

40 (n/a) University of Dublin—Trinity College—School of Business Ireland

41 (36) EADA—Escuela de Alta Dirección y Administración Spain

42 (44) Grenoble Ecole de Management—Graduate School of Business France

43 (42) Solvay Business School—Université Libre de Bruxelles Belgium

The UK is the hub of the European MBA market, with more top-ranked schools than the rest of Europe put together. Spain has a handful of high-quality schools, including IESE, second in the European ranking. France, too, is a significant player. One country that is still lagging behind in western Europe is, perhaps surprisingly, Germany—its largest economy. Until recently, the MBA in that country did not have the visibility it had elsewhere. However, that is changing slowly and some good schools are emerging. This year, for the first time, we have included a German school, Mannheim, which ranks 20th in Europe.

One thing that may accelerate this process, and indeed will have a profound effect on all Euro-pean business education over the next few years, will be the Bologna Process (see box on page 40), which will standardise higher education across the continent and is likely to lead to an explosion of new master’s level management programmes.

Asia and Australasia

The MBA market in Asia is growing in terms of both size and, among the top schools at least, quality. Heavy investment in programmes is bringing the levels up to western standards—something that could not have been claimed a few years ago. At the top-ranked Asian school, the Hong Kong University of Science and Technology, for example, there are 51 full-time facul-ty teaching on the MBA programme, all of whom have PhDs. Facilities are often excellent and, with easy access to markets such as China, employment prospects for students from the top schools are burgeoning.

Table 8.6Asian and Australasian schools by rank


1 (1) Hong Kong University of Science and Technology—School of Business and Management Hong Kong

2 (n/a) Melbourne Business School—University of Melbourne Australia

3 (3) Monash University Australia

4 (7) Macquarie Graduate School of Management Australia

5 (2) University of Hong Kong—School of Business Hong Kong



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6 (9) Chinese University of Hong Kong Hong Kong

7 (4) Nanyang Technological University—Nanyang Business School Singapore

8 (5) International University of Japan—Graduate School of International Management Japan

9 (11) National University of Singapore—The NUS Business School Singapore

10 (6) Curtin University Graduate School of Business Australia

11 (10) Indian Institute of Management—Ahmedabad India

12 (8) China Europe International Business School (CEIBS) China

13 (n/a) University of Queensland—Business School Australia

14 (12) University of Otago—School of Business New Zealand

However, the increasing interest in Asian business education is a boon and a potential stum-bling block. The sheer number of programmes that are setting up, particularly in China but also in India, could see resources stretched in the coming years. In particular, there is a concern about whether there are enough top-quality faculty to service such a large number of schools.

Questions will also be asked about the academic rigour of such programmes. This is where the international accrediting bodies, such as AACSB International, AMBA and EQUIS, will have a huge part to play. (The China Europe International Business School, for example, has EQUIS accreditation.) It may also encourage more western schools to set up a campus in the region, such as INSEAD has done in Singapore and Northwestern (Kellogg) in Hong Kong.

Methodology: full-time MBA rankingTo qualify for inclusion in the Economist Intelligence Unit rankings, the schools with full-time MBA programmes that responded to our survey had to meet various thresholds of data pro-vision, as well as attain a minimum number of responses to a survey gauging the opinion of current students and alumni who graduated within the last three years. These were set as a proportion of the annual intake of students to the programme as shown in Table 8.7.

Table 8.7Proportion of responses required from students and recent graduates

Student intake Minimum responses required

Up to 43 10

44–200 25% of intake

More than 200 50

Data were collected during spring 2008 using two web-based questionnaires, one for business schools and one for students and recent graduates. Schools distributed the web address of the latter questionnaire to their own students and graduates. Around 20,000 students and gradu-ates participated. All data received from schools were subject to verification checks, including, where possible, comparison with historical data, peer schools and other published sources. Student and graduate questionnaires were audited for multiple or false entries.

Memory has been built into the rankings by taking a weighted average of 2008 (50%), 2007



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(30%) and 2006 (20%) data to provide a rounded picture of the school. Sudden movements in data, which might not produce an immediate increase in quality, are thus reflected gradually, much as the improvement would affect students.

Table 8.8 summarises the measures used to calculate the rankings together with their respec-tive weightings. Student and alumni ratings make up 20% of the total ranking and 80% is based on data provided by schools. The statistical methodology adopted for the ranking gives each business school a unique score (known to statisticians as a z-score). Unlike some other rankings, the Economist Intelligence Unit does not include any “equal” schools (for example, four schools ranked equal sixth followed by one ranked tenth). However, it should be noted that differences between some schools might be very slight.

Table 8.8Summary of ranking criteria and weightingsa

Measure Indicators Weighting as percentage of category

A. Open new career opportunities (35%)

1. Diversity of recruiters Number of industry sectors 25.00

2. Assessment of careers services Percentage of graduates in jobs three months after graduation 25.00

3. Jobs found through the careers service Percentage of graduates finding jobs through careers service 25.00

4. Student assessment Meeting expectations and needs 25.00

B. Personal development/education experience (35%)

1. Faculty quality Ratio of faculty to studentsb 5.00

Percentage of faculty with PhD (full-time only) 10.00

Faculty rating by students 10.00

2. Student quality Average GMAT score 12.50

Average length of work experience 12.50

3. Student diversity Percentage of foreign students 8.33

Percentage of women studentsc 8.33

Student rating of culture and classmates 8.33

4. Education experience Student rating of programme content and range of electives 6.25

Range of overseas exchange programmes 6.25

Number of languages on offer 6.25

Student assessment of facilities and other services 6.25

C. Increase salary (20%)

1. How much did your salary increase Salary change from pre-MBA to post-MBA (excluding bonuses) 25.00 after graduating

2. Leaving salary Post-MBA salary (excluding bonuses) 75.00

D. Potential to network (10%)

1. Breadth of alumni network Ratio of registered alumni to current students 33.33

2. Internationalism of alumni Number of countries with an official alumni branch 33.33

3. Alumni effectiveness Student assessment of alumni network 33.33a A minimum threshold of data was required for each category. Weightings for schools meeting the category threshold but not providing all data were distributed evenly within the category. b Only faculty teaching on the full-time MBA programme were included. Faculty were weighted as follows: full-time 100%; part-time 50%; visiting 25%. c Variance from 50%.



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It is essential that all rankings are open and transparent about data collection and the prob-lems encountered. This ensures that students and business schools can interpret the results correctly and take account of the caveats that inevitably surround such undertakings. Below are some of the important considerations that should be observed in using the data and rank-ing numbers in each of the four main categories surveyed.

Open new career opportunities

To gauge the effectiveness with which a school was able to open new career opportunities for graduating students, this category measured the diversity of recruiters (by number of industry sectors); the percentage of graduates in jobs three months after graduation; the percentage of graduates finding jobs through the careers service; and students’ reports on whether a school’s careers services department met their needs and expectations.

Ideally, we would also have liked to include a measure the volume of recruiters that visit a school, but it has been difficult to come up with a suitable and acceptable way of doing this. In particular, many of the business schools surveyed are members of the US-based MBA Career Services Council (CSC), a body founded in 1994 with the purpose, among other things, of developing and promoting standard and ethical operating procedures, including the report-ing of salary and employment data. The CSC does not regard the number of companies either recruiting on campus or contacting a business school as a good indicator of careers services and advises against schools revealing such data. One business school in the US said that, according to the CSC:

● It should not be perceived as negative if a student is able to obtain a job with a company that does not come on campus.

● To be a good measurement, there should be a way to count recruiters accurately and com-pare schools fairly. Differentiating between companies and their various divisions, business-es or locations can be complicated. For example, should different GE businesses be counted as one or more than one?

● Some careers services offices support undergraduate as well as MBA students and therefore may automatically have access to more companies.

Personal development and educational experience

This category measured factors such as the ratio of faculty to students, the percentage of fac-ulty with a PhD, the percentage of foreign and women students, and students’ perceptions of the quality of their programme and of their school’s facilities and other services. Much of this information was simple to collect and analyse.

One factor included was average GMAT scores. Not every business school requires the GMAT (although most do), and where this was the case the GMAT score weighting was redistributed within the category.

Increase salary

The Economist Intelligence Unit does not assign as great an importance to salary as some other rankings do, but it is obviously a significant indicator. Our survey attempts to measure the increase in remuneration delivered by an MBA as well as the absolute salary level at grad-uation. Schools were asked to provide both the average salary of incoming students and the average salary they received after graduation. A number of schools were unable to provide all



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this information, and in these cases the Economist Intelligence Unit has included an estimate based on our survey of students, our own research and other published data.

Potential to network

This category measures the extent to which students benefit from a business school’s network of alumni. It does this by measuring the ratio of alumni to current students and the number of countries in which it has an alumni branch or chapter, and students’ and graduates’ own assessment of how their school performed in this area.

Data from North American schools were widely available. Some schools outside that region, however, had few or little-developed alumni branches, although almost all said they were actively working to develop their alumni network and many had set up additional branches since last year. Where there were no overseas alumni branches schools were rated at zero, which will have affected their ranking position.


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Using the directory

The directory contains profiles of the most prominent MBA programmes (full-time, part-time, executive and distance learning) offered by the business schools that were invited to partici-pate in the Economist Intelligence Unit’s ranking. It is therefore not a comprehensive listing and the absence of a particular school or programme implies nothing about its quality. Details of the criteria used to select schools for the ranking are detailed in Chapter 8.

Schools are listed alphabetically by parent university (if applicable).

Ranking table

The EIU’s global and regional rankings of a school’s full-time programme are detailed in the ranking table at the beginning of the profile. Schools in the top 100 have been given a global rank. Schools outside the top 100 have been given only a regional rank.

The ranking is made up of four categories: open new career opportunities; personal develop-ment and educational experience; increase in salary; and potential to network. How a school ranks in each is given in the ranking table. Additionally, each of the categories is made up of individual criteria (such as student assessment of careers services, faculty quality and so on). Individual rankings for each criterion can also be found in the table.

Where a school is ranked outside the top 100 for a particular category or criterion it is shown as “>100”. For a fuller explanation of the criteria see Chapter 8.

Other tables

In addition to the rankings, school profiles contain standard tables such as faculty, students, recruiters and costs. Where possible these give a matrix of information, allowing you to com-pare the different programmes offered by a school. For example, it is possible to compare the average number of months’ work experience of students on full-time, part-time or executive programmes.

Where data in a table is a ranking criterion, the ranking figure is shown in brackets.

Please note that the ranking is based on a three-year average, whereas the individual fig-ures shown are the latest available. This will explain any apparent discrepancies whereby, for ex ample, schools with the same GMAT score are ranked differently.

Strengths and weaknesses

Each school profile gives a list of a school’s particular strengths and weaknesses. Strengths are those cited by the schools themselves as their areas of expertise. Weaknesses have been gleaned from the student survey undertaken for Which MBA? 2008. For this reason it is impor-tant to remember that weaknesses are only relative to a particular programme. For example, if students cite marketing classes as an area of weakness, this is because they believe these have fallen below the standards of other courses at the school. It does not mean that the school’s marketing output will be poorer than at other schools.


Using the directoryPart 2

Student/alumni quotes

These have been selected from comments made by students when completing our question-naire. We have tried to make them as representative as possible.

Note on tables

In this directory:

“–” means that data were not provided by the school

“n/a” means the data are not applicable


Directory List of schools

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List of schools

American University—Kogod School of Business 80

University of Arizona—Eller College of Management 82

Ashridge 84

Aston Business School 86

Audencia School of Management Nantes 88

University of Bath School of Management 90

University of Birmingham—Birmingham Business School 92

Bocconi University School of Management 94

Boston University School of Management 96

Bradford School of Management 98

Brandeis International Business School 100

University of British Columbia—Sauder School of Business 102

University of California at Berkeley—Haas School of Business 104

University of California at Davis—Graduate School of Management 106

University of Cambridge—Judge Business School 108

University of Cape Town—Graduate School of Business 110

Carnegie Mellon University—Tepper School of Business 112

Case Western Reserve University—Weatherhead School of Management 114

University of Chicago—Graduate School of Business 116

China Europe International Business School (CEIBS) 118

Chinese University of Hong Kong 120

City University—Cass Business School 122

Columbia Business School 124

Cornell University—Johnson Graduate School of Management 126

Cranfield School of Management 128

Curtin University Graduate School of Business 130

Dartmouth College—Tuck School of Business 132

University of Dublin—Trinity College—School of Business 134

Duke University—Fuqua School of Business 136

University of Durham—Durham Business School 138

EADA—Escuela de Alta Dirección y Administración 140

University of Edinburgh Business School 142

EGADE—Tec de Monterrey 144

Emory University—Goizueta Business School 146


DirectoryList of schools

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ESADE Business School 148

University of Florida—Hough Graduate School of Business 150

Georgetown University—Robert Emmet McDonough School of Business 152

University of Georgia—Terry College of Business 154

University of Glasgow Business School 156

Grenoble Ecole de Management—Graduate School of Business 158

Harvard Business School 160

HEC Montréal 162

HEC School of Management, Paris 164

Henley Management College 166

University of Hong Kong—School of Business 168

Hong Kong University of Science and Technology—School of Business and Management 170

Hult International Business School 172

IE Business School 174

IESE Business School—University of Navarra 176

University of Illinois at Urbana-Champaign—College of Business 178

IMD—International Institute for Management Development 180

Imperial College London—Tanaka Business School 182

Indian Institute of Management—Ahmedabad 184

Indiana University—Kelley School of Business 186

INSEAD 188

University of Iowa—Henry B Tippie School of Management 190

International University of Japan—Graduate School of International Management 192

Lancaster University Management School 194

Leeds University Business School 196

London Business School 198

E.M. Lyon 200

McGill University—Desautels Faculty of Management 202

Macquarie Graduate School of Management 204

Manchester Business School 206

Mannheim Business School 208

University of Maryland—Robert H Smith School of Business 210

Massachusetts Institute of Technology—MIT Sloan School of Management 212

Melbourne Business School—University of Melbourne 214

University of Michigan—Stephen M Ross School of Business 216


Directory List of schools

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University of Minnesota—Carlson School of Management 218

International University of Monaco 220

Monash University—Graduate School of Business 222

Nanyang Technological University—Nanyang Business School 224

Newcastle University Business School 226

New York University—Leonard N Stern School of Business 228

University of North Carolina at Chapel Hill—Kenan-Flagler Business School 230

Northwestern University—Kellogg School of Management 232

Norwegian School of Management BI 234

University of Notre Dame—Mendoza College of Business 236

Nottingham University Business School 238

Universiteit Nyenrode—The Netherlands Business School 240

Ohio State University—Fisher College of Business 242

Open University Business School 244

University of Otago—School of Business 246

University of Oxford—Saïd Business School 248

Pennsylvania State University—Smeal College of Business 250

University of Pennsylvania—Wharton School 252

University of Pittsburgh—Joseph M Katz Graduate School of Business 254

Purdue University—Krannert Graduate School of Management 256

University of Queensland—Business School 258

Rice University—Jesse H Jones Graduate School of Management 260

University of Rochester—William E Simon Graduate School of Business 262

Rotterdam School of Management—Erasmus University 264

Royal Holloway School of Management—University of London 266

Sheffield University Management School 268

National University of Singapore—The NUS Business School 270

Solvay Business School—Université Libre de Bruxelles 272

University of Southampton—School of Management 274

University of South Carolina—Moore School of Business 276

University of Southern California—Marshall School of Business 278

Southern Methodist University—Cox School of Business 280

Stanford Graduate School of Business 282

University of Strathclyde—Graduate School of Business 284

Temple University—Fox School of Business 286


DirectoryList of schools

Part 2

University of Texas at Austin—McCombs School of Business 288

Thunderbird School of Global Management 290

TiasNimbas Business School 292

University College Dublin—Michael Smurfit Graduate School of Business 294

UCLA—Anderson School of Management 296

Vanderbilt University—Owen Graduate School of Management 298

University of Virginia—Darden Graduate School of Business Administration 300

Vlerick Leuven Gent Management School 302

Wake Forest University—Babcock Graduate School of Management 304

Warwick Business School 306

University of Washington—Business School 308

Washington University in St Louis—Olin School of Business 310

University of Wisconsin-Madison—Graduate School of Business 312

University of the Witwatersrand—Wits Business School 314

Yale School of Management 316

York University—Schulich School of Business 318


Part 2The directory

Address

4400 Massachusetts Ave NWWashington, DCUS20016

Tel:+1 202 885 1930

Fax:+1 202 885 1869

E-mail:[email protected]

Website:kogod.american.edu/mba

Programme director:Lawrence Ward

Figures in brackets represent rank

American University—Kogod School of Business

Ranking Rank (out of 100) Full-timeOverall rank n/aRegional rank 54

BackgroundThe Kogod School of Business dates from 1955 and was the first business school in Washington, DC. It teaches undergraduate and graduate students and is fairly small—about 700 undergraduate and 400 postgraduate students—and has a high percentage of women. The school is closely integrated with the university as a whole and stresses both its global perspective and, especially, its technological focus, notably through the Center for Information Technology and the Global Economy. In addition to access to Washington policymakers, the school has excellent links with business. The greater Washington area is a high-tech corridor and executives are a regular presence on campus, both as guest speakers and as executives in residence.

FacilitiesKogod has its own building at the centre of American University’s large campus, equipped with wireless network (as is the whole AU campus), web terminals, classrooms, student lounges and meeting rooms. There is no on-campus housing but the university has an apartment building for students. The Kogod building is being connected to an existing classroom structure, which will be renovated, adding seven classrooms, a student lounge, a financial services and information technology lab, a careers manage-ment centre, and seminar and breakout rooms. Construction should be completed by autumn 2008. Full-time MBA Part-time MBAStudent assessment of facilities 3.9 (n/a) –

FacultyNumber of faculty: 54 full-time Full-time MBA Part-time MBANumber of faculty per student 1.3 (n/a) 2.2

Percentage of faculty with PhD – –

Student rating of faculty 4.2 (n/a) –

Programme highlightsKogod’s two-year full-time MBA starts with a required orientation followed by 13 core courses. Instead of grouping electives into concentrations, the school offers 11 market-oriented career tracks in areas such as accounting, consulting, corporate finance and real estate. Students can also work with faculty to design their own programme of study. Students take up to two career tracks. Waivers are available and some electives may be taken in other parts of the university or at one of 15 other universities in the Washington, DC, area.

The part-time MBA is exactly the same as the full-time version and it is possible to switch between the two. There is considerable flexibility but students usually take two courses at a time. Classes are held in the evening, Monday-Thursday. Full-time MBA Part-time MBAStudent rating of programme 4.1 (n/a) –

Number of overseas exchange programmes 0 (n/a) –

Number of languages on offer 0 (n/a) –


Part 2The directory

American University—Kogod School of Business

Students

Full-time MBA Part-time MBAAnnual intake 42 25

Applicants:places 7:1 5:1

Percentage of women students 43 (n/a) 52

Percentage of foreign students 31 (n/a) 3

Average GMAT score 570 (n/a) 550

Average number of months’ work experience 42 (n/a) 60

Age range of students 24-29 24-35

Average age 27 29

Student rating of culture and classmates 3.8 (n/a) –

Recruiters/careers service

Full-time MBA Part-time MBANumber of industry sectors that recruited graduates 4 (n/a) –

Percentage of graduates in jobs 3 months after graduation 98 (n/a) –

Percentage of graduates finding jobs through careers services 60 (n/a) –

Student rating of careers service 3.5 (n/a) –

Post-MBA salary, US$ 74,714 (n/a) –

Percentage increase in salary 52 (n/a) –

Principal recruiters of graduates Deloitte, Bearing Point, Freddie Mac –

Cost

Full-time MBA Part-time MBAApplication fees US$75 US$75

Programme fees US$28,226 US$1,079

Comments – Per credit

Accommodation costs (on campus, per year) US$20,000 –

Accommodation costs (off campus, per year) US$20,000 –

Financial aid available US$20,500 –

Type of aid available Stafford Loans –

Criteria on which aid is granted Merit –

Application details

Full-time MBA Part-time MBAApplication deadline May 1st May 1st

Programme dates Aug start, 22 months Aug start, 33 months

Admission requirements

Student profile (full-time)

Africa/Middle EastAmericasAsia/AustralasiaEurope

Accreditation

✕ AMBA✕ EQUIS✓ AACSB International


“I enjoyed the interaction with the professors that you really only get at a small school.”

“We should get more respect from recruiters than we do.“


Strengths: finance, real estate, marketing

Weakness: recognition among employers

First degree; at least 3 years’ work experience; GMAT; TOEFL;

references; essays

First degree; at least 3 years’ work experience; references;

essays; interview


Part 2The directory

Address

1130 E. Helen StreetPO Box 210108McClelland Hall, Rm 210Tucson, AZUS85721-0108

Tel:+1 520 621 5099

Fax:+1 520 621 2606


Website:www.mba.eller.arizona.edu

Programme director:Trina M Callie


University of Arizona—Eller College of Management


BackgroundThe University of Arizona started offering a bachelor of commerce degree in 1913. The College of Management was named after Karl Eller, an alumnus and Arizona entrepreneur, in 2004. It is a large, full-range college teaching more than 4,500 undergraduate and 600 graduate students. The MBA pro-grammes are small by US standards. The college has good links with the local business community and has a strong tradition of entrepreneurship, action learning, social entrepreneurship, and community and social outreach.

FacilitiesThe college is based in McClelland Hall, a large four-storey building on the university campus opened in 1992. The US$19m building is built around an open courtyard and houses classrooms, student areas, computer laboratories, research centres, and faculty and administrative offices. Full-time MBA Evening MBA Executive MBAStudent assessment of facilities 4.2 (n/a) – –

FacultyNumber of faculty: 30 full-time, 1 part-time Full-time MBA Evening MBA Executive MBANumber of faculty per student 0.5 (n/a) 0.6 0.4

Percentage of faculty with PhD 93 (n/a) 93 93

Student rating of faculty 4.2 (n/a) – –

Programme highlightsEller’s two-year full-time MBA core includes required courses in leadership, communications and per-sonal development and emphasises experiential learning, team work and in-company projects. The sec-ond year is given over to electives, which can be taken broadly or grouped into a concentration.

The unusually short two-year evening part-time MBA programme is similar to the full-time pro-gramme. Classes are held once a week on Thursday during three 16-week trimesters for a lengthy six hours—4pm–10pm (though that includes dinner) with some residential sessions and an international study tour. The programme is offered on campus and in Tucson.

Eller’s Executive MBA is even briefer, lasting just 14 months. There are two one-week residential seminars followed by traditional Friday and Saturday sessions every other week, plus a 10-day inter-national study tour. Full-time MBA Evening MBA Executive MBAStudent rating of programme 4.0 (n/a) – –

Number of overseas exchange programmes 96 (n/a) – –

Number of languages on offer 6 (n/a) – –


Part 2The directory

University of Arizona—Eller College of Management

Students

Full-time MBA Evening MBA Executive MBAAnnual intake 64 52 76

Applicants:places 3:1 2:1 1:1

Percentage of women students 20 (n/a) 40 41

Percentage of foreign students 27 (n/a) 2 1

Average GMAT score 603 (n/a) 604 n/a

Average number of months’ work experience 36 (n/a) 54 156

Age range of students 22-30 24-35 28-46

Average age 25 29 36

Student rating of culture and classmates 3.8 (n/a) – –


Full-time MBA Evening MBA Executive MBANumber of industry sectors that recruited graduates 6 (n/a) – –

Percentage of graduates in jobs 3 months after graduation 80 (n/a) – –

Percentage of graduates finding jobs through careers services 52 (n/a) – –

Student rating of careers service 3.5 (n/a) – –

Post-MBA salary, US$ 75,003 (n/a) – –

Percentage increase in salary 74 (n/a) – –

Principal recruiters of graduates Emerson Network Power, – – Intel Corporation, FedEx

Cost

Full-time MBA Evening MBA Executive MBAApplication fees US$50 US$50 US$50

Programme fees US$28,469 US$38,500 US$50,000

Comments Per year for non-Arizona residents – –

Accommodation costs (on campus, per year) US$7,000 – –

Accommodation costs (off campus, per year) US$7,000 – –

Financial aid available n/a – –

Type of aid available Scholarships, loans – –

Criteria on which aid is granted Merit, need – –

Application details

Full-time MBA Evening MBA Executive MBAApplication deadline April 15th October 1st May 15th

Programme dates Aug start, 21 months Feb start, 18 months Aug start, 14 months


Accreditation



“A focused and tightly knit MBA programme, with a reputable specialisation in MIS.”

“Location of the school makes it challenging to attract a lot of recruiters.”


Strengths: entrepreneurship, management information systems, finance

Weakness: location can limit recruitment options

First degree; at least 3 years’ work

experience; TOEFL or IELTS; 2 references; 2 essays; interview;

transcripts and financial guarantee



laptop


experience; TOEFL or IELTS; references;

2 essays; transcripts and financial guarantee


Part 2The directory

Address

BerkhamstedUKHP4 1NS

Tel:+44 1442 841 143

Fax:+44 1442 841 144


Website:www.ashridge.org.uk/mba

Programme director:Dr Patricia Hind


Ashridge

Ranking Rank (out of 100) Full-timeOverall rank 24Regional rank 11

BackgroundThe MBA has traditionally been a small part of Ashridge’s activities, concentrating instead on executive education and consulting. However, in recent years, the one-year MBA for self-sponsored students has undergone significant changes which, together with marketing efforts, have brought it much more into the European mainstream. The school has an international focus and emphasises an action learning approach.

FacilitiesAshridge has a unique and beautiful campus—150 acres of parkland centred on a 19th-century neo-Gothic stately home (although the original site dates back to the 13th century), and the facilities are very good. The Learning Resource Centre is open 24-hours-a-day. There are excellent computer and video facilities (although participants are encouraged to bring their own computers) and a language laboratory. On-campus accommodation (generally for EMBA students) is available in self-contained study/bedrooms though many opt for local flats or hotels. There is a good restaurant and bar, a fitness centre and ample sports facilities. Full-time MBA Part-time executive MBAStudent assessment of facilities 4.7 (45) –

FacultyNumber of faculty: 43 full-time Full-time MBA Part-time executive MBANumber of faculty per student 1.7 (10) 1.5

Percentage of faculty with PhD 60 (>100) 60

Student rating of faculty 4.3 (94) –

Programme highlightsAshridge’s one-year full-time MBA programme is divided into four stages: the fundamentals (people, performance, processes), integration (global environment, organisational life-cycle, business in society, creating value, leading change), an in-company project and a final elective stage. Electives are focused on market areas such as e-business or specialist areas such as project management. Students can develop their own electives in consultation with faculty. Workshops on careers and personal development run throughout the programme.

The two-year Executive MBA is designed for sponsored students. The programme has six main themes—maximising human potential, shaping strategic direction, managing business finances, devel-oping operational capability, leveraging information systems and building market focus—and involves 12 residential modules (of about one week each) over two years plus a project (normally in a student’s own organisation) and an international study trip. Full-time MBA Part-time executive MBAStudent rating of programme 4.4 (97) –

Number of overseas exchange programmes 0 (59) –

Number of languages on offer 6 (74) –

Open new career opportunities >100Diversity of recruiters 92Number in jobs three months after graduation 93Jobs found through the careers service 97Student assessment of careers service 71Personal development/educational experience 55Faculty quality >100Student quality 9Student diversity 47Education experience 85

Increase in salary 1Increase in salary 17Post-MBA salary 1Potential to network 93Breadth of alumni network 75Internationalism of alumni 86Alumni effectiveness 77


Part 2The directory

Ashridge

Students

Full-time MBA Part-time executive MBAAnnual intake 26 29


Percentage of women students 38 (38) 24

Percentage of foreign students 73 (51) 14

Average GMAT score 565 (94) 570

Average number of months’ work experience 144 (2) 168


Average age 35 35

Student rating of culture and classmates 4.3 (65) –


Full-time MBA Part-time executive MBANumber of industry sectors that recruited graduates 7 (92) –

Percentage of graduates in jobs 3 months after graduation 80 (93) –

Percentage of graduates finding jobs through careers services 26 (97) –

Student rating of careers service 4.2 (71) –

Post-MBA salary, US$ 209,000 (1) –

Percentage increase in salary 105 (17) –

Principal recruiters of graduates DHL, Standard Bank, RTL –

Cost

Full-time MBA Part-time executive MBAApplication fees – –

Programme fees £29,500 (US$59,000) £28,850 (US$57,700)

Comments – –

Accommodation costs (on campus, per year) – –

Accommodation costs (off campus, per year) £8,500 (US$17,000) –

Financial aid available – –

Type of aid available Bursary –

Criteria on which aid is granted Three categories: women in leadership, emerging markets and not-for-profit-sector –

Application details

Full-time MBA Part-time executive MBAApplication deadline December 31st August 31st

Programme dates Jan start, 12 months Sep start, 27 months




Accreditation

✓ AMBA✓ EQUIS✓ AACSB International


“A very strong sense of community—peers and faculty all extremely supportive and keen to help each other maximise performance.”

“Alumni network has limited visibility internationally”


Strengths: leadership, corporate responsibility, strategy

Weakness: limited alumni network

At least 5 years’ work experience; GMAT; TOEFL;

references; essays

At least 5 years’ work experience; TOEFL;

2 references; essays; interview


Part 2The directory

Address

Aston TriangleBirminghamUKB4 7ET

Tel:+44 121 204 3325


Website:www.abs.aston.ac.uk/newweb/programmes/mba/

Programme director:Dr G H Griffiths


Aston Business School


BackgroundAston has grown rapidly in recent years and is among the largest business schools in Europe with 2,500 undergraduate, postgraduate and executive education students. It has strong contacts with business, both in the Midlands area and internationally—there are faculty and student exchanges with institutions in 11 countries. It also has a good reputation for research. The university’s 40-acre campus is based in the centre of Birmingham, which has a full range of cultural and leisure activities. Accom-modation is generally on campus.

FacilitiesThe business school has on-campus teaching facilities in the main university building and in the Nelson building. There is a purpose-built postgraduate suite, which, as well as teaching and syndicate rooms, contains 24-hour computer workshops and a recreation lounge. In 2006 Aston opened a £22m exten-sion for its dedicated MBA facilities, including lecture theatres, breakout and seminar rooms, an MBA base room and MBA coffee lounge. Sports and leisure amenities are available on campus. Full-time MBA Part-time MBA MBA (Distance Learning)Student assessment of facilities 4.4 (39) – –

FacultyNumber of faculty: 42 full-time, 1 part-time, 2 visiting Full-time MBA Part-time MBA MBA (Distance Learning)Number of faculty per student 0.6 (57) 0.7 –

Percentage of faculty with PhD 95 (60) 95 95

Student rating of faculty 4.2 (64) – –

Programme highlightsThe content of the Aston MBA is identical whichever delivery route is chosen.

Aston’s one-year full-time MBA consists of three ten-week terms. There are 12 taught modules: ten core and two elective and an in-company project. The programme includes a one-week study visit to an overseas business school.

In the 21-month part-time programme, students generally study one or two modules each term and the project can take around six months. They can attend classes for one day or one or two evenings a week. Part-time students can start the programme in January, April or October.

Taking the degree by distance learning (only available in Europe) involves a minimum of 21 months’ study as well as a project. Students receive DVDs of lectures as delivered to students on campus—plus pdf copies of all handouts and notes. There are also e-mail, fax and telephone support and local self-help groups. Students attend Aston for two days per term for face-to-face seminars. The programme starts in January, April or October.

Open new career opportunities 61Diversity of recruiters 44Number in jobs three months after graduation 76Jobs found through the careers service 81Student assessment of careers service 48Personal development/educational experience 35Faculty quality 72Student quality 59Student diversity 1Education experience 97

Increase in salary 63Increase in salary 83Post-MBA salary 47Potential to network >100Breadth of alumni network 69Internationalism of alumni 70Alumni effectiveness >100


Part 2The directory

Aston Business School

Full-time MBA Part-time MBA MBA (Distance Learning)Student rating of programme 4.0 (73) – –

Number of overseas exchange programmes 25 (49) – –

Number of languages on offer 0 (96) – –

Students

Full-time MBA Part-time MBA MBA (Distance Learning)Annual intake 67 65 –


Percentage of women students 48 (1) 34 42

Percentage of foreign students 96 (4) 6 11

Average GMAT score 620 (72) 620 620

Average number of months’ work experience 78 (29) 108 84



Student rating of culture and classmates 3.6 (>100) – –


Full-time MBA Part-time MBA MBA (Distance Learning)Number of industry sectors 8 (44) – –that recruited graduates

Percentage of graduates in jobs 89 (76) – –3 months after graduation

Percentage of graduates finding 50 (81) – –jobs through careers services

Student rating of careers service 3.5 (48) – –

Post-MBA salary, US$ 97,040 (47) – –

Percentage increase in salary 70 (83) – –

Principal recruiters of graduates KPMG, BP, Eli Lilley – –

Cost

Full-time MBA Part-time MBA MBA (Distance Learning)Application fees – – –

Programme fees £19,950 (US$39,900) £14,550 (US$29,100) £14,550 (US$29,100)

Comments – – –

Accommodation costs £4,000 (US$8,000) – –(on campus, per year)

Accommodation costs £4,300 (US$8,600) – –(off campus, per year)

Financial aid available £150,000 (US$300,000) – –

Type of aid available Scholarships – –


Application details

Full-time MBA Part-time MBA MBA (Distance Learning)Application deadline July 30th August 31st August 31st

Programme dates Sep start, 12 months Sep start, 12 months Sep start, 12 months




Accreditation



“It has a very international focus and the teaching methods are very practice oriented.”

“Alumni network needs to improve.”


Strengths: marketing, finance, leadership

Weakness: alumni network

First degree; at least 4 years’

work experience; references; essays

First degree; at least 4 years’ work experience;

2 references


experience; 2 references


Part 2The directory

Address

8 route de la JonelièreBP31222Nantes cedex 3France44312

Tel:+33 2 4037 4530

Fax:+33 2 4037 3407


Website:www.audencia.com

Programme director:Valérie Claude-Gaudillat


Audencia School of Management Nantes


BackgroundAudencia is a French grande école with a strong regional and national reputation. It is also determined to be a major international player in the MBA market and has developed significantly in recent years, hiring international faculty (who must demonstrate their ability to teach in English) and generally pro-moting itself outside France. It has 90 international partnership agreements with schools and univer-sities in 40 countries. Relationships with business are also good. The atmosphere on campus is friendly and relaxed and there is an excellent ratio of faculty to students.

FacilitiesThe MBA programme is housed in Audencia’s large main building (with about 2,000 students in all) on a modern campus less than 15 minutes from the centre of Nantes. The MBA and EMBA have their own facilities including a study room with Internet access and a dedicated lecture space, but otherwise mix with other students. The school has seven lecture theatres and 80 classrooms all connected to its inter-nal TV system. All students (including MBAs) are required to undertake two hours of sports every week. Housing in Nantes is expensive. Full-time MBA Executive MBA Euro*MBAStudent assessment of facilities 4.4 (46) – –

FacultyNumber of faculty: 18 full-time, 9 part-time, 15 visiting Full-time MBA Executive MBA Euro*MBANumber of faculty per student 1.3 (14) 2.0 –

Percentage of faculty with PhD 100 (17) 100 –


Programme highlightsAudencia’s International MBA is a typical one-year European programme with a strong core of 12 courses, business simulations, four electives (from 15 offered) geared towards business development, concluding with a four-month project that can be either an academic thesis, a consulting project, an entrepreneurial project, or an internship. Students are chosen on the basis of their work experience (averaging ten years, though three is the minimum) and as a result are rather older than average. The programme is taught entirely in English and the relatively small size allows for good interaction with faculty.

Audencia also offers a French-language part-time Executive MBA and corporate MBA programmes, and is a member of the Euro*MBA consortium. Full-time MBA Executive MBA Euro*MBAStudent rating of programme 4.1 (71) – –




Increase in salary 29Increase in salary >100Post-MBA salary 21Potential to network 100Breadth of alumni network >100Internationalism of alumni 52Alumni effectiveness 97


Part 2The directory

Audencia School of Management Nantes

Students

Full-time MBA Executive MBA Euro*MBAAnnual intake 20 21 –

Applicants:places 3:1 3:1 –



Average GMAT score 620 (84) n/a n/a




Student rating of culture and classmates 4.0 (56) – –


Full-time MBA Executive MBA Euro*MBANumber of industry sectors that recruited graduates 6 (89) – –

Percentage of graduates in jobs 3 months after graduation 94 (69) – –

Percentage of graduates finding jobs through careers services 50 (79) – –



Percentage increase in salary 41 (>100) – –

Principal recruiters of graduates Veolia, Accenture, IBM – –

Cost

Full-time MBA Executive MBA Euro*MBAApplication fees €95 (US$130) €95 (US$130) €125 (US$171)

Programme fees €19,000 (US$26,027) €19,000 (US$26,027) €25,500 (US$34,932)

Comments – €22,000 if company-financed –

Accommodation costs – – –(on campus, per year)

Accommodation costs €4,000 (US$5,479) – –(off campus, per year)

Financial aid available €40,000 (US$54,795) – –


Criteria on which aid is granted Merit – –

Application details

Full-time MBA Executive MBA Euro*MBAApplication deadline September February 28th July 15th

Programme dates Sep start, 12 months Mar start, 18 months Sep start, 24 months




Accreditation



“A well designed package of essential and practical subjects for anyone who would like to develop his career in an international environment.”

“There is a limited network which is a direct result of the smaller class sizes.”


Strengths: business development, corporate responsibility, supply chain management


First degree; at least 3 years’ work experience; GMAT; TOEFL; references

First degree; at least 5 years’ work experience; TOEFL;

2 references; essay; interview; laptop


experience; 2 references; interview


Part 2The directory

Address

Claverton DownBathEnglandBA2 7AY

Tel:+44 1225 386 741

Fax:+44 1225 383 902


Website:www.bathmba.com

Programme director:Dr Eleanor Morgan


University of Bath School of Management


BackgroundThe University of Bath’s School of Management is among the longest-established and largest business schools in the UK, offering its first MBA in 1968. It has grown considerably in recent years. There are around 90 teaching and research staff and around 2,100 undergraduate and postgraduate students, including 30 full-time MBA students, 340 taught master’s students, and 180 full- and part-time research students. It has a good research base, stressing “scholarly impact” and relevance, and excellent links with industry. The long-established Claverton Entrepreneurship Programme attracts many budding entrepreneurs.

FacilitiesThe school has two campuses: one just outside Bath and another in nearby Swindon, mainly used for executive education. The purpose-built Bath campus overlooks the UNESCO World Heritage City of Bath. The MBA programme is housed in the Centre for Executive Development, which has its own purpose-designed facilities including lecture and seminar rooms and common rooms. The library and learning centre are open 24 hours a day in term time and there are good computer labs (although students are encouraged to have their own laptops) and sports facilities. On-campus accommodation is available. Full-time MBA Executive MBAStudent assessment of facilities 4.8 (6) –

FacultyNumber of faculty: 61 full-time, 11 part-time, 32 visiting Full-time MBA Executive MBANumber of faculty per student 2.5 (3) 2.9

Percentage of faculty with PhD 98 (31) 98


Programme highlightsBath’s full-time one-year MBA offers a generalist approach though with a strong entrepreneurial con-tent. The programme includes core courses; the mandatory Claverton Enterprise group project; elec-tives; a series of workshops; and an individual in-company project and thesis carried out in the summer. The emphasis is on working in small groups and an action learning approach.

The part-time Executive MBA has the same content. The programme can be completed in a minimum of two years and a maximum of five. Full-time MBA Executive MBAStudent rating of programme 4.3 (85) –



Open new career opportunities >100Diversity of recruiters >100Number in jobs three months after graduation 99Jobs found through the careers service >100Student assessment of careers service 40Personal development/educational experience 4Faculty quality 3Student quality 5Student diversity 8Education experience 50



Part 2The directory

University of Bath School of Management

Students

Full-time MBA Executive MBAAnnual intake 30 36




Average GMAT score n/a (n/a) n/a



Average age 32 34



Full-time MBA Executive MBANumber of industry sectors that recruited graduates 5 (>100) –


Percentage of graduates finding jobs through careers services 10 (>100) –




Principal recruiters of graduates – –

Cost

Full-time MBA Executive MBAApplication fees – –


Comments – –

Accommodation costs (on campus, per year) £3,800 (US$7,600) –


Financial aid available £230,000 (US$460,000) –

Type of aid available Scholarships –


Application details

Full-time MBA Executive MBAApplication deadline August 1st –

Programme dates Sep start, 12 months Jan start




Accreditation

✓ AMBA✕ EQUIS✕ AACSB International


“As a whole the school is great in its approach to learning methods and it is set in a relatively quiet heritage city which encourages academic and non-academic learning.”

“There is a need to increase job opportunities.”


Strengths: strategic supply and purchasing, strategy leadership and change, consumer research

Weakness: careers service

First degree; at least 3 years’ work experience; 2 references;

interview

First degree; at least 3 years’ work experience; GMAT; TOEFL or

IELTS; references; essay


Part 2The directory

Address

University HouseEdgbaston Park RoadEdgbastonBirminghamUKB13 2TY

Tel:+44 121 414 6249

Fax:+44 121 414 3553


Website:mba.bham.ac.uk

Programme director:Paul Forrester


University of Birmingham—Birmingham Business School


BackgroundBirmingham has been teaching business via the Faculty of Commerce since 1902; the business school was created in 1989 following the merger of the Commerce and Accounting and Finance departments of the university. The school has continued to grow—it now has over 80 faculty—and offers a wide range of undergraduate and postgraduate programmes. The school has excellent links with local, national and international companies and strong Asian connections. It also has extensive international contacts, particularly in emerging economies, and is strong in languages.

FacilitiesSince 2004 the school has been based in the refurbished University House on the edge of the main cam-pus. In 2005 a £20m extension added a 3,000 sq m learning and teaching facility for postgraduate and continuing professional development students, as well as study and conference facilities and faculty offices. On-campus accommodation is available. Full-time MBA Executive MBAStudent assessment of facilities 4.4 (37) –




Programme highlightsBirmingham’s one-year, full-time MBA programme is broadly based with a focus on international busi-ness. Students take ten modules (six core and four electives) plus an individual in-company project. Students can join the programme directly or via the one-year Graduate Diploma in Business Administra-tion. Soft skills workshops run throughout the programme.

The part-time Executive MBA is similar to the full-time version and can be studied either in the even-ings (two evenings a week) or in five seven-day blocks. It takes 2–4 years to complete. It is also taught in Singapore and Hong Kong as a part-time modular programme.

The school also offers three specialist MBAs: The full-time MBA (Global Banking and Finance); the MBA (Strategy and Procurement Management), which is also offered in Hong Kong; and the MBA Sports Management. There is also a bilingual MBA (English/French or English/Spanish) offered in collabor-ation with ESC Montpellier in France and FUNDESEM in Spain. Full-time MBA Executive MBAStudent rating of programme 3.8 (>100) –






Part 2The directory

University of Birmingham—Birmingham Business School

Students





Average GMAT score n/a (n/a) –



Average age 31 35



Full-time MBA Executive MBANumber of industry sectors that recruited graduates 8 (4) –






Principal recruiters of graduates One Point Three Consulting (UK), – Ministry of Finance and Economics (China), Barclays

Cost


Programme fees GBP16,600 (US$33,200) GBP16,600 (US$33,200)

Comments – –

Accommodation costs (on campus, per year) GBP4,700 (US$9,400) –

Accommodation costs (off campus, per year) GBP2,800 (US$5,600) –

Financial aid available Flexible –


Criteria on which aid is granted – –

Application details

Full-time MBA Executive MBAApplication deadline July 1st –

Programme dates Sep start, 12 months Sep start, 24-48 months




Accreditation



“Its strength is the internationalism of student body, course content and variety of options, quality and accessibility of staff and value for money.”

“[Some lecturers] were, in my opinion, weak in delivery and lacked credibility. But these were the exceptions.”


Strengths: strategy, organisational behaviour, finance

Weakness: some teaching


2 references; interview

First degree; at least 5 years’ work experience; TOEFL or IELTS;

references; interview; laptop


Part 2The directory

Address

Via Bocconi 8MilanoItaly20136

Tel:+39 02 5836 6129

Fax:+39 02 5836 2262


Website:www.sdabocconi.it/mba

Programme director:Valter Lazzari


Bocconi University School of Management


BackgroundBocconi University, Italy’s leading business university, is over 100 years old. The School of Management was founded in 1971. The MBA class size is relatively small and interaction with faculty is good. The school is academically strong, notably in economics, and has good links with business and industry.

FacilitiesThe MBA is run by the Masters Division of the School of Management, which is housed in a pleasant building a short distance from the main university in the centre of Milan. There are 12 classrooms and around 100 breakout rooms. There is no accommodation on campus and most students share apart-ments in nearby areas of the city. Executive education is run from a separate building nearby with 16 classrooms, work areas and dining facilities as well as offices. Full-time MBAStudent assessment of facilities 3.6 (>100)

FacultyNumber of faculty: 92 full-time, 27 part-time Full-time MBANumber of faculty per student 1.0 (28)Percentage of faculty with PhD 88 (79)Student rating of faculty 3.9 (>100)

Programme highlightsBocconi’s full-time MBA begins in September with an optional pre-programme introductory suite of courses in accounting, economics and quantitative methods for students without a background in eco-nomics and finance. The courses are studied either by distance learning or at the school.

The programme proper begins in October with phase 1, Towards Managerial Excellence, which is essentially the core. The second phase, in May, is called Full-Spectrum Management Skills, covering soft skills. This is followed by an action-learning project (June–August) and the final phase (October–December), Concentration, which is made up of electives. This phase can be replaced with an overseas exchange. The programme is taught in English and students are expected to study English or Italian.

Bocconi’s new two-year Global Executive MBA (taught in English) mixes short on-campus modules (at Bocconi, UCLA and Fudan University in Shanghai) with distance-learning elements. Full-time MBAStudent rating of programme 4.0 (>100)Number of overseas exchange programmes 54 (37)Number of languages on offer 2 (86)

Open new career opportunities 76Diversity of recruiters 51Number in jobs three months after graduation 85Jobs found through the careers service 62Student assessment of careers service 93Personal development/educational experience 91Faculty quality 93Student quality 69Student diversity 55Education experience >100

Increase in salary 40Increase in salary 33Post-MBA salary 44Potential to network 86Breadth of alumni network 84Internationalism of alumni 31Alumni effectiveness >100


Part 2The directory

Bocconi University School of Management

Students Full-time MBAAnnual intake 109Applicants:places 37:1Percentage of women students 40 (23)Percentage of foreign students 55 (56)Average GMAT score 640 (51)Average number of months’ work experience 60 (60)Age range of students 25-32Average age 29Student rating of culture and classmates 4.0 (68)

Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (51)Percentage of graduates in jobs 3 months after graduation 87 (85)Percentage of graduates finding jobs through careers services 61 (62)Student rating of careers service 3.3 (93)Post-MBA salary, US$ 96,055 (44)Percentage increase in salary 88 (33)Principal recruiters of graduates Boston Consulting Group, Johnson & Johnson, Bain & Co

Cost Full-time MBAApplication fees €100 (US$137)Programme fees €36,000 (US$49,315)Comments –Accommodation costs (on campus, per year) –Accommodation costs (off campus, per year) €9,000 (US$12,329)Financial aid available €1.4m (US$1.9m)Type of aid available Scholarships, loans, tuition waiversCriteria on which aid is granted Merit, other criteria

Application details Full-time MBAApplication deadline April 30thProgramme dates Oct start, 12 monthsAdmission requirements First degree; work experience; TOEFL or IELTS; references; essays



Accreditation

✓ AMBA✓ EQUIS✕ AACSB International


“Very international, brings together people that enjoy being in the international environment.”

“The facilities are run-down, but a new building is planned.”


Strengths: finance, marketing, entrepreneurship

Weakness: facilities


Part 2The directory

Address

595 Commonwealth AvenueBoston, MAUS02215

Tel:+1 617 353 9781

Fax:+1 617 353 5581


Website:management.bu.edu

Programme director:Kathie Nolan


Boston University School of Management


BackgroundBoston University School of Management was founded in 1913 as the College of Business Administra-tion and today teaches undergraduate, masters’ and executive education programmes. It has around 2,000 undergraduate students and 800 full-time and part-time masters’ students.

The school says its aim is to equip MBA and undergraduate business students for effective leader-ship. To help achieve this the MBA curriculum is diverse and eclectic, notable for its emphasis on team-work and on fusing the art, science and technology of business.

FacilitiesThe school is housed in the Rafik B Hariri building, which opened in 1996. It includes 25 classrooms, a 375-seat lecture hall, five computer labs, an executive education centre, a library, cafés and common rooms. Full-time MBA Part-time MBA Executive MBA Student assessment of facilities 4.3 (54) – –

FacultyNumber of faculty: 63 full-time, 30 part-time Full-time MBA Part-time MBA Executive MBA Number of faculty per student 0.5 (57) 0.4 3.0



Programme highlightsBoston’s two-year full-time MBA emphasises the dynamics of global business. In the first year, students are assigned to a cohort of 50–55 students who take core courses, assignments and projects together. Students study 13 core courses (including a communications course) and one elective in the first year, and one career-oriented course and nine electives in the second year. Concentrations are offered but not required.

The programme is also offered in a part-time evening version lasting 3–6 years depending on the number of courses taken each year.

The International Management Program is an accelerated 14-month MBA (though the time can be extended) designed for internationally oriented managers who are settled in their careers (the school warns that it is not for career changers). Students spend a ten-week summer in China, South Korea and Japan taking an accelerated version of core classes and then return to Boston for their elective year. An undergraduate business degree is not required.

The 17-month Executive MBA consists of classes on Fridays and Saturdays every other week, four week-long residential sessions at approximately six-monthly intervals, including one international ses-sion, and a capstone project that involves creating an international business plan.

Boston also offers specialised MBAs in health sector and public and not-for-profit management and a joint MSc in Information Systems and an MBA in one 21-month programme.




Part 2The directory

Boston University School of Management

Full-time MBA Part-time MBA Executive MBA Student rating of programme 4.2 (53) – –

Number of overseas exchange programmes 0 (>100) – –

Number of languages on offer 0 (>100) – –

Students

Full-time MBA Part-time MBA Executive MBA Annual intake 158 222 31




Average GMAT score 668 (36) 590 n/a






Full-time MBA Part-time MBA Executive MBA Number of industry sectors that recruited graduates 8 (50) – –






Principal recruiters of graduates Fidelity Investments, – – Bank of America, State Street Bank

Cost

Full-time MBA Part-time MBA Executive MBA Application fees US$125 US$125 US$125


Comments – Per credit Total programme

Accommodation costs (on campus, per year) – – –


Financial aid available US$6,174,140 – –

Type of aid available Loans – –


Application details

Full-time MBA Part-time MBA Executive MBA Application deadline March 15th March 15th November 15th

Programme dates Sep start, 18 months Sep start, 27 months Jan start, 17 months




Accreditation



“BU’s MBA offers an outstanding curriculum with a focus on concepts that are directly applicable to real-life management.”

“Needs stronger ties to the alumni network.”


Strengths: strategic role of information technology, finance, marketing

Weakness: alumni effectiveness


experience; TOEFL; 2 references; 3 essays;

résumé; organisational chart; letter of

sponsorship


TOEFL; 2 references; 3 essays; résumé;

First degree; TOEFL; references; 3 essays


Part 2The directory

Address

Emm LaneBradfordWest YorkshireUKBD9 4JL

Tel:+44 1274 234 373

Fax:+44 1274 546 866


Website:www.bradford.ac.uk/management

Programme director:Jo Hardcastle


Bradford School of Management


BackgroundBradford School of Management is a full-range business school teaching undergraduate, postgraduate, doctoral and executive development students. It has partner organisations in Utrecht, Bonn, Mainz, Ber-lin, Dubai, New Delhi, Hong Kong and Singapore and links with institutions in Nantes, Barcelona, Warsaw and Bilbao. About 2,000 students are registered on various Bradford overseas programmes. The school is also closely involved with the local community and business. Almost all students study a foreign language.

FacilitiesThe school is self-contained, based in several buildings on its own 14-acre site two miles from the main university campus. There are lecture theatres, seminar and tutorial rooms, a management library, a bookshop, a language unit, computer facilities and careers services, as well as a restaurant and bar. The main university campus offers the full range of services and facilities for undergraduate and postgradu-ate students. The school is planning developments on the site to link some of the current buildings and provide new learning resources. Limited accommodation is available on campus, but most students choose to live in the surrounding area, where accommodation is readily available at reasonable prices. Full-time Executive Distance MBA Part-time MBA learning MBAStudent assessment of facilities 3.9 (98) – –

FacultyNumber of faculty: 50 full-time, 22 visiting Full-time Executive Distance MBA Part-time MBA learning MBANumber of faculty per student 0.5 (64) 1.7 18.0

Percentage of faculty with PhD 72 (>100) 72 72

Student rating of faculty 4.0 (>100) – –

Programme highlightsThe Bradford MBA is based on core courses, electives and an in-company or research-based project. The one-year full-time programme includes eight compulsory core subjects (plus a required introductory course), five electives and a management project including a 15,000-word dissertation. There is a good deal of group working. Case studies are used extensively.

The Executive Part-time MBA is identical to the full-time version and can be completed in two and a half to six years. Most students complete it in three years. Classes are held on campus one or two evenings a week and then students complete their project. The project can be replaced with a shorter version and two additional electives. Students can also opt to replace the elective/project section with an action learning project in their own organisation.

Bradford’s distance-learning MBA has an almost-identical curriculum. It can be completed in a minimum of two or a maximum of six years.

Open new career opportunities 100Diversity of recruiters 99Number in jobs three months after graduation 69Jobs found through the careers service >100Student assessment of careers service 94Personal development/educational experience 87Faculty quality >100Student quality 13Student diversity 88Education experience >100



Part 2The directory

Bradford School of Management

Full-time Executive Distance MBA Part-time MBA learning MBAStudent rating of programme 3.9 (>100) – –



Students

Full-time Executive Distance MBA Part-time MBA learning MBAAnnual intake 121 42 4




Average GMAT score n/a (n/a) n/a n/a






Full-time Executive Distance MBA Part-time MBA learning MBANumber of industry sectors that recruited graduates 6 (99) – –


Percentage of graduates finding jobs through careers services 5 (>100) – –




Principal recruiters of graduates Wal-Mart Asda, Ford, Tate & Lyle – –

Cost

Full-time Executive Distance MBA Part-time MBA learning MBAApplication fees n/a n/a n/a


Comments For EU students. £18,950 (US$37,900) – – for non-EU students



Financial aid available – – –

Type of aid available – – –

Criteria on which aid is granted – – –

Application details

Full-time Executive Distance MBA Part-time MBA learning MBAApplication deadline August 31st August 31st –





Accreditation



“Teaching for the most part is very good and learner support services are outstanding.”

“Some poor quality students with little to contribute.”


Strengths: finance, organisational behaviour, international business

Weakness: some weak students


TOEFL or IELTS; 2 references; interview;

laptop; Bradford Test


TOEFL or IELTS; 2 references; interview


TOEFL or IELTS; references; Bradford Test


Part 2The directory

Address

415 South StreetWaltham, MassachusettsUS02454

Tel:+1 781 736 4829

Fax:+1 781 736 2263


Website:www.brandeis.edu/global

Programme director:Ben Gomes-Casseres


Brandeis International Business School


BackgroundBrandeis International Business School (IBS) is among the youngest business schools in the US. It started in 1994 as the Graduate School of International Economics and Finance with 50 students in its MA and PhD programmes. The MBA was launched in 1998. Its parent university, Brandeis, is also rela-tively young, starting in 1948 and including Eleanor Roosevelt and Leonard Bernstein among its early faculty. The university now has 3,200 undergraduate and 1,100 graduate students. The business school has a determinedly international approach. It has excellent links with business, with around 20 practis-ing managers acting as adjunct faculty. There is also a good executive speaker series. The IBS is small, with about 300 students in total.

FacilitiesThe IBS is based in the Lemberg Academic Center and Sachar International Center in a corner of the 235-acre Brandeis campus in Waltham, about 10 miles from downtown Boston. The buildings have offic-es, classrooms, computer clusters and other student facilities. Library, sports and other campus facili-ties are good. A small amount of on-campus housing is available for international students but most live off-campus. Full-time MBAStudent assessment of facilities 4.2 (68)

FacultyNumber of faculty: 21 full-time, 19 part-time, 1 visiting Full-time MBANumber of faculty per student 0.5 (54)Percentage of faculty with PhD 81 (86)Student rating of faculty 4.5 (8)

Programme highlightsThe IBS’s two-year full-time MBA has a strong focus on international business, reflected in a first-year core that covers the major functional disciplines with a distinctive international twist. Students can take two electives in the first year if they have completed sufficient required courses. Second-year electives may be grouped into a concentration of either international finance or international economic policy. Students who do not opt for either receive an MBA in international business, the “default” concentration.

Students must fulfil an international experience requirement. This can be completed before (living outside the US for at least three years or working abroad in a professional position for at least three months) or during the programme (through an overseas internship or exchange). They are also expect-ed to have a basic knowledge of a language other than English, again either acquired before or during the programme.

Open new career opportunities 58Diversity of recruiters 4Number in jobs three months after graduation 80Jobs found through the careers service 74Student assessment of careers service 52Personal development/educational experience 41Faculty quality 51Student quality >100Student diversity 6Education experience 6

Increase in salary 47Increase in salary 8Post-MBA salary 75Potential to network >100Breadth of alumni network >100Internationalism of alumni 96Alumni effectiveness 79


Part 2The directory

Brandeis International Business School

Full-time MBAStudent rating of programme 4.3 (22)Number of overseas exchange programmes 64 (11)Number of languages on offer 6 (5)


Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 82 (80)Percentage of graduates finding jobs through careers services 52 (74)Student rating of careers service 3.5 (52)Post-MBA salary, US$ 83,787 (75)Percentage increase in salary 77 (8)Principal recruiters of graduates State Street Global Markets, BNP Paribas, EMD Serono

Cost Full-time MBAApplication fees US$55Programme fees US$36,122Comments –Accommodation costs (on campus, per year) US$12,000Accommodation costs (off campus, per year) US$12,000Financial aid available US$1.9mType of aid available Scholarships, loansCriteria on which aid is granted Merit, need

Application details Full-time MBAApplication deadline April 15thProgramme dates Sep start, 18 monthsAdmission requirements First degree; at least 2 years’ work experience; GMAT; TOEFL or IELTS; references; 2 essays



Accreditation



“A unique international milieu. You live with and get to know well fellow students from every corner of the world.”

“The is a lack of good marketing classes.”


Strengths: international economics, international finance, international business

Weakness: marketing courses


Part 2The directory

Address

#160 – 2053 Main MallVancouver, BCCanadaV6T 1Z2

Tel:+1 604 822 0229

Fax:+1 604 822 5657


Website:www.sauder.ubc.ca/mba

Programme director:Wendy Ma


University of British Columbia—Sauder School of BusinessRanking Rank (out of 100) Full-timeOverall rank 83Regional rank 42

BackgroundThe University of British Columbia (UBC) is one of the largest in Canada, and the Sauder business school is also comparatively large, teaching 2,000 undergraduates. However, it admits only around 200 students on all MBA programmes and 140 doctoral and other masters’ students. The school is named after a local business leader and former UBC alumnus, Dr William L Sauder, who in 2003 endowed the Faculty of Com-merce and Business Administration with a gift of C$20m (US$18m), the largest single private donation made to a Canadian business school. Sauder has good partnerships with business and a strong reputation for research. It has also developed an interesting approach to MBA teaching and programme design.

FacilitiesThe school is based in its own complex on the university campus in three buildings that include fac-ulty offices, administration, classrooms, a business library and conference facilities. There are dedi-cated MBA facilities that include classrooms, lounge, and study and meeting spaces. It also has offices and teaching space in downtown Vancouver. The attractive university campus, on a forested peninsula overlooking the Pacific Ocean, is about 30 minutes’ drive from Vancouver, one of North America’s most attractive cities. On-campus accommodation is available. Full-time MBA Part-time MBA Executive MBA in Healthcare Student assessment of facilities 4.2 (62) – –

FacultyNumber of faculty: 49 full-time, 23 part-time, 0 visiting Full-time MBA Part-time MBA Executive MBA in Healthcare Number of faculty per student 0.5 (70) 1.4 3.1



Programme highlightsThe Sauder MBA is a 15-month programme with core subjects offered as a single, team-taught, 13-week foundation course covering basic management disciplines. After the core, students choose from eight areas of specialisation, each consisting of both required and elective modules, or form their own for the general management option.

The 28-month part-time MBA is similar to the full-time version including the same integrated first-year core. The second and third years vary, however, with electives offered across a wide range of areas rather than focusing on specialisations. The programme ends with a project, often within students’ own organisations. Classes meet every three weeks beginning in January on Friday evenings and all day Sat-urday and Sunday.

The 20-month part-time International MBA is a variation on the full-time programme with the core taught partly in Vancouver and partly at UBC’s partner business school, the School of Management at Shanghai Jiao Tong University in China. Additional courses are taught in China.




Part 2The directory

University of British Columbia—Sauder School of Business

Full-time MBA Part-time MBA Executive MBA in Healthcare Student rating of programme 4.2 (52) – –



Students

Full-time MBA Part-time MBA Executive MBA in Healthcare Annual intake 126 51 23



Percentage of foreign students 58 (52) 3 –

Average GMAT score 617 (74) 615 –






Full-time MBA Part-time MBA Executive MBA in Healthcare Number of industry sectors that recruited graduates 8 (44) – –






Principal recruiters of graduates Best Buy , Vancouver Coastal Health, RBC Financial –

Cost

Full-time MBA Part-time MBA Executive MBA in Healthcare Application fees C$125 (US$117) C$125 (US$117) C$125 (US$117)

Programme fees C$38,967 (US$36,418) C$38,967 (US$36,418) C$50,000 (US$46,729)

Comments Total programme Total programme Tuition will be C$55,000 for 2008/2009

Accommodation costs C$8,400 (US$7,850) – –(on campus, per year)

Accommodation costs C$9,600 (US$8,972) – –(off campus, per year)

Financial aid available C$3.6m (US$3.4m) – –



Application details

Full-time MBA Part-time MBA Executive MBA in Healthcare Application deadline April 30th September 30th November 1st

Programme dates Aug start, 15 months Jan start, 28 months Jan start, 15 months




Accreditation

✕ AMBA✓ EQUIS✓ AACSB International


“Sauder has a very strong academic foundation to its programme combined with an international aspect that is second to none.”

“[The careers service] could certainly be more pro-active in attracting more recognisable companies.”


Strengths: finance, supply chain management, sustainability


First degree; work experience; TOEFL, ELTS or MELAB; 3 references;

3 essays; interview


TOEFL, IELTS or MELAB; references; 3 essays


TOEFL; 3 references; essay; interview


Part 2The directory

Address

S430 Student Services Bldg. #1902Haas School of BusinessUniversity of CaliforniaBerkeleyUSCA 94720-1902

Tel:+1 510 642 0342

Fax:+1 510 642 4700


Website:www.haas.berkeley.edu

Programme director:Julia Hwang


University of California at Berkeley—Haas School of Business


BackgroundHaas School of Business was established in 1898 and is named after Walter A Haas, a 1910 alumnus of the then College of Commerce and president of San Francisco-based Levi Strauss for nearly 30 years. It is the oldest business school at a public university in the US. The school is heavily influenced by the teaching and research ethos at Berkeley and by its strong connections with business in nearby Silicon Valley. On-campus visits by executives, including teaching stints, are regular events. The school has a strong research base but puts at least as much emphasis on the teaching abilities of faculty members. With an annual intake of fewer than 250 students, the Haas MBA programme remains comparatively small and intimate.

FacilitiesThe school is based in a mini-campus complex of three linked buildings, opened in 1995, that provide good facilities for MBA students, undergraduates and participants on executive education programmes. However, space is limited. All teaching rooms can receive video, audio, and electronic data, including wireless computer access. The layout is designed to favour informal contacts between students and fac-ulty. On-campus accommodation is available; private housing in the Berkeley area is expensive. Full-time Evening & Berkeley-Columbia MBA Weekend MBA Executive MBAStudent assessment of facilities 4.3 (65) – –

FacultyNumber of faculty: 85 full-time, 124 part-time Full-time Evening & Berkeley-Columbia MBA Weekend MBA Executive MBANumber of faculty per student 0.6 (58) 0.9 3.2



Programme highlightsHaas’s two-year full-time MBA covers 12 required core courses (including leadership and ethics courses) and at least two electives in the first year. The two first-year semesters are divided into seven-week mini-semesters. There is a two-day career-planning seminar in the first-year fall semester. The second year con-sists of electives, which make up around 60% of the programme. Electives can be taken both within Haas and in the university as a whole. There is no requirement to group electives into concentrations.

The three-year part-time programme shares a similar curriculum to the full-time version (there are only 10 core courses and, typically, eight electives). The programme is offered in two variations: Evening (two evenings a week) and Weekend (all day Saturday). Weekend classes alternate between the Haas campus and a facility in nearby Silicon Valley.

The 19-month Berkeley–Columbia Executive MBA is taught jointly by faculty from Columbia and Haas School of Business at the University of California. During each of the five terms students attend four




Part 2The directory

University of California at Berkeley—Haas School of Business

Thursday–Saturday blocks at Berkeley and one Wednesday–Saturday block at Columbia. Participants earn an MBA degree from both institutions. Full-time Evening & Berkeley-Columbia MBA Weekend MBA Executive MBAStudent rating of programme 4.3 (38) – –



Students

Full-time Evening & Berkeley-Columbia MBA Weekend MBA Executive MBAAnnual intake 239 240 66










Full-time Evening & Berkeley- MBA Weekend Columbia MBA Executive MBANumber of industry sectors that recruited graduates 8 (4) – –

Percentage of graduates in jobs 3 months after graduation 95.6 (22) – –

Percentage of graduates finding jobs through careers services 72.6 (32) – –




Principal recruiters of graduates Google, Deloitte, Bain & Co – –

Cost

Full-time Evening & Berkeley-Columbia MBA Weekend MBA Executive MBAApplication fees US$175 US$175 US$175


Comments For non-residents of California Per year Total programme






Application details

Full-time Evening & Berkeley-Columbia MBA Weekend MBA Executive MBAApplication deadline March 12th November 30th –

Programme dates Aug start, 21 months Aug start, 33 months May start, 19 months




Accreditation



“With smaller class sizes, collective interest in niche categories vary from year to year. The administration rallies to support the unique makeup of the interests of each class extremely well.”

“Needs more physical space as the programme is growing.”


Strengths: management/strategy, marketing, finance


First degree; work experience; TOEFL;

references required; essays; laptop


references required; essays


2 references; 3 essays; laptop


Part 2The directory

Address

One Shields AveDavis, CAUS95616

Tel:+1 530 752 5354

Fax:+1 530 754 9355


Website:www.gsm.ucdavis.edu

Programme director:James Stevens


University of California at Davis—Graduate School of Management


BackgroundThe Graduate School of Management at the University of California at Davis (near Sacramento) was established in 1981 to provide management education to the growing northern California region. The school is small, with 30 full-time faculty and around 120 full-time MBA students. However, its reputa-tion is growing, particularly in entrepreneurship, and the school says its aim is to be a leader in man-agement research and education. It has established good links with local business through a business partnership programme, guest speakers and executives in residence.

FacilitiesThe school is based on the main university campus and facilities are good with wireless and wired net-work access throughout and two student PC labs. Davis is a small college town with students making up more than half its population. A new home for the school, Gallagher Hall is scheduled to open in 2009. Full-time MBA Working Professional MBAStudent assessment of facilities 4.1 (95) –

FacultyNumber of faculty: 29 full-time, 20 visiting Full-time MBA Working Professional MBANumber of faculty per student 0.6 (60) 0.3



Programme highlightsDavis’s two-year full-time MBA, the Daytime MBA, is a variation on the traditional US model. Students take 24 courses made up of six core courses, three breadth courses (chosen from a menu) and 15 elec-tives, which can be grouped into concentrations or taken more broadly and may include international study trips, consulting projects and individual work with faculty. Breadth courses are seen as a link between the required core and electives.

The three-year (though it can be shorter or longer) part-time Working Professional MBA has the same curriculum and structure as the full-time programme. Classes are held in downtown Sacramento once a week on weekday evenings and Saturdays. The part-time programme is also offered in the San Francisco Bay Area with classes on Friday afternoon and all day Saturday on alternate weekends. Full-time MBA Working Professional MBAStudent rating of programme 4.2 (53) –




Increase in salary 79Increase in salary 29Post-MBA salary 83Potential to network 73Breadth of alumni network 71Internationalism of alumni >100Alumni effectiveness 45


Part 2The directory

University of California at Davis—Graduate School of Management

Students

Full-time MBA Working Professional MBAAnnual intake 56 143



Percentage of foreign students 21 (>100) 47




Average age 27 31



Full-time MBA Working Professional MBANumber of industry sectors that recruited graduates 8 (4) –






Principal recruiters of graduates Wells Fargo & Company, – PricewaterhouseCoopers, Blue Shield of California

Cost

Full-time MBA Working Professional MBAApplication fees US$125 US$125


Comments – Per course



Financial aid available US$2.5m –

Type of aid available Scholarships, grants, loans –

Criteria on which aid is granted Merit, need –

Application details

Full-time MBA Working Professional MBAApplication deadline May 14th June 4th

Programme dates Sep start, 21 months Sep start, 36 months




Accreditation



“The small class size gives a unique learning opportunity with access to the professors directly.”

“The facilities are poor, but we are getting a new building soon.”


Strengths: finance, marketing, organisational behaviour


First degree; at least 1 year’s work experience; TOEFL;

2 references; 3 essays; interview by invitation

First degree; references; 3 essays; laptop; interview

by invitation


Part 2The directory


BackgroundAlthough founded only in 1990, Judge Business School has quickly established itself as a leading busi-ness school, a rise helped, no doubt, by having such a prestigious parent institution—the University of Cambridge will be 800 years old in 2009. As well as the MBA it teaches some undergraduate, PhD and other masters’ programmes and has made full use of its proximity to the high-tech, entrepreneurial “Sili-con Fen”. It has also made shrewd alliances such as the one with MIT (page 212) in the US.

FacilitiesJudge has one of the most interesting buildings in the UK: a post-modern complex in central Cambridge, a university town that is fascinating to many international students. All students are members of the University of Cambridge and as such also members of one of its 31 colleges. About two-thirds of MBA students live in college accommodation, either in a traditional college or in college-owned housing. The rest find accommodation fairly easily (although it can be expensive) in and around Cambridge. Full-time MBAStudent assessment of facilities 4.4 (22)

FacultyNumber of faculty: 40 full-time, 10 visiting Full-time MBANumber of faculty per student 0.3 (95)Percentage of faculty with PhD 100 (2)Student rating of faculty 4.3 (50)

Programme highlightsJudge’s one-year full-time MBA programme is a fairly standard European mix, consisting of 12 compul-sory core courses, five electives and three projects (group entrepreneurial and consulting projects and an individual project, which ends the programme). Some electives can be taken in other areas of the university. A distinguished-speaker series on leadership runs throughout the programme. Full-time MBAStudent rating of programme 4.4 (30)Number of overseas exchange programmes 150 (11)Number of languages on offer 6 (5)

University of Cambridge—Judge Business School

Address:

Trumpington StCambridgeUKCB2 1AG

Tel:+44 1223 339 646


Website:www.thecambridgemba.com

Programme director:Dr Richard Barker



Increase in salary 21Increase in salary 59Post-MBA salary 22Potential to network 8Breadth of alumni network >100Internationalism of alumni 1Alumni effectiveness 50


Part 2


Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 93 (65)Percentage of graduates finding jobs through careers services 70 (45)Student rating of careers service 3.6 (41)Post-MBA salary, US$ 110,000 (22)Percentage increase in salary 69 (59)Principal recruiters of graduates Barclays, McKinsey & Co, Accenture

Cost Full-time MBAApplication fees n/aProgramme fees £30,500 (US$61,000)Comments –Accommodation costs (on campus, per year) £5,000 (US$10,000)Accommodation costs (off campus, per year) £5,000 (US$10,000)Financial aid available £3.5m (US$7m)Type of aid available Scholarships, HSBC loan schemeCriteria on which aid is granted Merit and/or need

Application details Full-time MBAApplication deadline May 29thProgramme dates Sep start, 12 monthsAdmission requirements First degree; at least 3 years’ work experience; TOEFL or IELTS; references required; 2 essays

The directoryUniversity of Cambridge—Judge Business School



Accreditation



“An intensely personal MBA which is not merely focused on technical skills and knowledge.”

“Small business school alumni network, however, large Cambridge University network.”


Strengths: entrepreneurship/innovation, strategy/consulting, finance

Weakness: small alumni network


Part 2The directory

Ranking Rank (out of 100) Full-timeOverall rank n/aRegional rank n/a

BackgroundThe University of Cape Town’s Graduate School of Business has been teaching management for 40 years. The school has a strong national, regional and international reputation and is well aware of the chal-lenge it faces in developing distinctive approaches to management education that suit South Africa’s position as the leading economy in sub-Saharan Africa and a culturally diverse society in the process of profound change. The GSB claims to be pioneering a new model of a business school, both inter-national in orientation and suited to countries which are experiencing socio-political transformation, inter national competitiveness and economic development.

FacilitiesThe school is near Cape Town’s upmarket Waterfront development (it is housed in a converted prison). All facilities are separate from undergraduate areas and include seven lecture theatres, 25 student sem-inar rooms, student common area, computer lab, restaurant and offices. On-campus accommodation is available. Full-time MBA Modular MBAStudent assessment of facilities 3.9 (n/a) –

FacultyNumber of faculty: 23 full-time, 45 visiting Full-time MBA Modular MBANumber of faculty per student 0.4 (n/a) 0.9

Percentage of faculty with PhD 65 (n/a) 65


Programme highlightsCape Town’s 11-month full-time programme is based on 11 core courses and three electives chosen from around 15 offered. Students must also produce a research report and a company analysis of an exist-ing organisation. The company analysis forms the capstone course of the curriculum and provides an action-learning experience similar to a consulting project.

The programme is also offered in a two-year modular format with an identical curriculum. The two-year programme is divided into six two-week, full-time residential learning modules, each followed by a 14-week part-time block carried out in the student’s workplace. The modular Executive MBA is run along virtually identical lines. Full-time MBA Modular MBAStudent rating of programme 3.8 (n/a) –



University of Cape Town—Graduate School of Business

Address:

Private Bag X3Rondebosch, Cape TownSouth Africa7700

Tel:+27 214 061 424

Fax:+27 214 061 464


Website:www.gsb.uct.ac.za

Programme director:Lance Stringer



Part 2

Students

Full-time MBA Modular MBAAnnual intake 78 79







Average age 34 33



Full-time MBA Modular MBANumber of industry sectors that recruited graduates 6 (n/a) –






Principal recruiters of graduates IQ Business Group, – Letsema Consulting, ABSA Capital

Cost

Full-time MBA Modular MBAApplication fees R500 (US$71) R500 (US$71)

Programme fees R73,790 (US$10,467) R92,700 (US$13,149)

Comments Total cost is R94,605 (US$ 13,419) –

Accommodation costs (on campus, per year) R70,000 (US$9,929) –

Accommodation costs (off campus, per year) R50,000 (US$7,092) –

Financial aid available R800,000 (US$113,475) –

Type of aid available Bursaries –

Criteria on which aid is granted Need, merit –

Application details

Full-time MBA Modular MBAApplication deadline October 31st October 31st

Programme dates Jan start, 11 months Feb start, 22 months


The directoryUniversity of Cape Town—Graduate School of Business



Accreditation

✕ AMBA✓ EQUIS✕ AACSB International


“Great value for money. The quality of the programme and of the teaching material exceeds the financial requirements.”

“The marketing courses were not practical enough.”


Strengths: entrepreneurship, business in emerging markets, leadership



references; 9 essays


9 essays; interview


Part 2The directory


BackgroundThe Tepper School of Business was founded in 1949 and is one of seven graduate schools of Carnegie Mellon University. It is probably best known for exploring the scientific principles of business manage-ment, a quantitative approach and cutting-edge use of information technology. The school was renamed in 2004 following a US$55m gift from an alumnus.

FacilitiesPosner Hall provides excellent facilities, including classrooms, computer labs, a cafeteria, study loun-ges, conference rooms, and careers and faculty offices. The main campus library is next door. Carnegie Mellon University is small by US standards, with around 8,000 students, but its attractive campus is adjacent to the sprawling University of Pittsburgh. Most on-campus accommodation is for undergradu-ates; graduate students generally rent housing in the surrounding neighbourhoods. Full-time MBA FlexTime MBAStudent assessment of facilities 4.4 (36) –

FacultyNumber of faculty: 65 full-time, 12 part-time Full-time MBA FlexTime MBANumber of faculty per student 0.4 (73) 1.1



Programme highlightsMost courses last one mini-semester (seven-and-a-half weeks) and generally students take four courses in each. Functional and broader core courses are taken during the first year, as are some electives. The second year consists mainly of electives. One concentration (three electives) is required, although many students take more. Soft skills courses and workshops are offered throughout the programme. Students may fulfil the requirements for the degree in 16 months by taking courses during the summer after the first year instead of undertaking an internship.

The three-year part-time programme (the FlexTime MBA) has the same curriculum as the full-time version and students can transfer from one to the other. The programme begins in August and students attend classes throughout the year.

Tepper also offers a three-year distance learning (FlexMode) MBA, delivered via interactive TV to their workplace, for students sponsored by companies affiliated with the school. Full-time MBA FlexTime MBAStudent rating of programme 4.5 (9) –



Carnegie Mellon University—Tepper School of Business

Address:

5000 Forbes AvenuePittsburgh, PAUS15213-4080

Tel:+1 412 268 8678

Fax:+1 412 268 7824


Website:ww.tepper.cmu.edu

Programme director:John Mather





Part 2

Students

Full-time MBA FlexTime MBAAnnual intake 182 71


Percentage of women students 25 (>100) 31





Average age 27 29



Full-time MBA FlexTime MBANumber of industry sectors that recruited graduates 8 (4) –


Percentage of graduates finding jobs through careers services 72.09 (41) –




Principal recruiters of graduates Booz Allen Hamilton, Deloitte, A.T. Kearney –

Cost

Full-time MBA FlexTime MBAApplication fees US$100 US$100


Comments – –


Accommodation costs (off campus, per year) – –


Type of aid available Loans, scholarships –

Criteria on which aid is granted Merit, eligibility –

Application details

Full-time MBA FlexTime MBAApplication deadline March 9th April 30th



The directoryCarnegie Mellon University—Tepper School of Business



Accreditation



“I believe this is the most academically rigorous MBA programme in the country.”

“Less extensive alumni network than larger schools.”


Strengths: finance, strategy, technology

Weakness: small alumni base

First degree; TOEFL; references; 3 essays; interview; laptop

First degree; TOEFL; 2 references; 3 essays; laptop


Part 2The directory


BackgroundWeatherhead School of Management dates from the 1920s, when MBA and BBA programmes were first offered by Cleveland College of Case Western Reserve University. It granted the region’s first MBA degree in 1930. The college was named in 1980 in honour of one of Cleveland’s outstanding entrepre-neurial families. The student body is diverse and there is a strong emphasis on teamwork and a personal approach to student development.

FacilitiesThe school is based in the US$62m Peter B Lewis Building, designed by Frank Gehry. It has some of the most advanced business school facilities in the world, with faculty offices, classrooms and meeting areas distributed throughout the building to encourage networking. The surrounding University Circle area is lively, with lots of museums, art galleries and concert halls. On-campus accommodation is available, but most students rent flats in the nearby Cleveland Heights area. Full-time MBA Part-time MBA Executive MBAStudent assessment of facilities 4.5 (n/a) – –

FacultyNumber of faculty: 73 full-time Full-time MBA Part-time MBA Executive MBANumber of faculty per student 0.8 (n/a) 1.0 2.7



Programme highlightsWeatherhead’s two-year full-time MBA links a fairly traditional academic approach with a personal-ised scheme of education and development. Students take 10 core courses and workshops, and eight electives, either in a concentration or more broadly based, beginning with one course in the second semester of the first year. An emphasis on action learning culminates in a required project in the third semester of the programme. Students with an undergraduate business degree can opt for an acceler-ated track 11-month MBA.

The part-time evening programme is almost identical to the full-time version but with six electives. There is an accelerated (two years rather than three) version for students with an undergraduate busi-ness degree. Classes meet on campus once a week (twice a week in the short summer semester) and students can start in any semester.

The part-time programme is also offered as a Saturday version, lasting a short two years (though students can take longer to complete it if they wish) mixing all-day classes for 7–8 Saturdays and dis-tance learning elements.

Weatherhead’s Executive MBA is a 21-month programme with classes held on one weekend (Friday and Saturday) a month. Students attend four-day residencies at the start of each semester and there is a 10-day overseas study tour in the second year. Full-time MBA Part-time MBA Executive MBAStudent rating of programme 4.3 (n/a) – –



Case Western Reserve University—Weatherhead School of Management

Address:

10900 Euclid AvenuePeter B. Lewis BuildingCleveland, OHUS44106-7235

Tel:+1 216 368 2069

Fax:+1 216 368 5549


Website:www.weatherhead.case.edu

Programme director:Jon Fuller



Part 2

Students

Full-time MBA Part-time MBA Executive MBAAnnual intake 92 74 27




Average GMAT score 611 (n/a) 548 0

Average number of months’ work experience 37 (n/a) 69.6 180





Full-time MBA Part-time MBA Executive MBANumber of industry sectors that recruited graduates 8 (n/a) – –






Principal recruiters of graduates IBM, KeyCorp, National City – –

Cost

Full-time MBA Part-time MBA Executive MBAApplication fees US$50 US$50 US$50


Comments Per year Per credit hour Total Programme


Accommodation costs (off campus, per year) US$550 – –




Application details

Full-time MBA Part-time MBA Executive MBAApplication deadline June 30th – –

Programme dates Aug start, 21 months Jan start Aug start, 21 months


The directoryCase Western Reserve University—Weatherhead School of Management

Accreditation



“The school keeps exploring innovations in management study.”

“The school’s career services has been reorganised leaving it understaffed.”


Strengths: finance, marketing, organisational behaviour

Weakness: careers services

First degree; work experience; TOEFL; references; essays;

interview


essays; interview

First degree; work experience; TOEFL; references; essays


Part 2


BackgroundThe University of Chicago’s Graduate School of Business (GSB) is the second-oldest business school in the US (founded in 1898) and has a deservedly high reputation for research, scholarship and teach-ing ability in business education. The school has produced six Nobel laureates—more than any other business school. The GSB is large, with 1,100 students in its full-time MBA programmes, 1,400 on its Evening and Weekend MBAs, 480 EMBA and thousands of executive education participants. Finance is the most acclaimed subject at Chicago and students have a justified reputation for number crunching, though other areas, such as marketing and entrepreneurship, are also very strong.

FacilitiesThe full-time MBA is based in a new (2004) US$125m building in the middle of the university campus, the Charles M. Harper Center. Facilities are among the best in the world, including 12 classrooms, 31 group study rooms, four outdoor terraces and a Winter Garden in a central atrium. The part-time programmes are housed in the equally well-equipped Gleacher Center in downtown Chicago, which also houses the North American Executive MBA programme. The school has premises in Singapore for the Asian EMBA and in London for the European EMBA.

Full-time Evening Weekend Executive MBA— Executive Executive MBA MBA MBA North America MBA—Europe MBA—Asia

Student assessment of facilities 4.7 (2) – – – – –

FacultyNumber of faculty: 131 full-time, 32 part-time, 20 visiting

Full-time Evening Weekend Executive MBA— Executive Executive MBA MBA MBA North America MBA—Europe MBA—Asia

Number of faculty per student 0.3 (00) 0.4 1.8 2.1 2.1 2.0

Percentage of faculty with PhD 99 (21) 99 99 99 99 99

Student rating of faculty 4.8 (2) – – – – –

Programme highlightsChicago’s two-year full-time MBA is highly flexible with only the LEAD (Leadership: Effectiveness and Development) course for first-year students required. Students design their own curriculum within broad guidelines. There is no requirement for a concentration (13 are offered) and students are encouraged to choose from a wide range of electives, including courses offered by other university departments. A varia-tion on the full-time programme, the International MBA, requires additional courses, an international internship or study abroad, and proficiency in a second language. The programme generally takes 24 months to complete. Part-time programmes include the Evening MBA (one evening a week) and the Weekend MBA, which runs all day on Saturdays. Both take between two and a half and five years to com-plete and are identical to the full-time programme, though LEAD is not required. Classes for both are held at Chicago’s downtown Gleacher Center. The EMBA North America is run on alternate weekends at the Gleacher Center; the EMBA Europe is based in London; and the EMBA Asia is based in Singapore. Each pro-gramme lasts 21 months and involves some shared classes with the others and time on all three campuses.

University of Chicago—Graduate School of Business

Address

5807 South Woodlawn AvenueChicago, IllinoisUS60637

Tel:+1 773 702 4282

Fax:+1 773 702 6420


Website:www.chicagogsb.edu

Programme director:Stacey Kole




The directory


Part 2

Full-time Evening Weekend Executive Executive Executive MBA MBA MBA MBA—North MBA— MBA— America Europe Asia

Student rating of programme 4.7 (1) – – – – –

Number of overseas exchange programmes 0 (92) – – – – –

Number of languages on offer 6 (5) – – – – –

Students Full-time Evening Weekend Executive Executive Executive MBA MBA MBA MBA—North MBA— MBA— America Europe Asia

Annual intake 555 426 102 88 89 92

Applicants:places – – – – – –

Percentage of women students 33 (58) 24 16 28 20 24

Percentage of foreign students 40 (82) 134 56 10 83 66

Average GMAT score 710 (7) n/a n/a n/a n/a n/a

Average number of months’ work experience 58 (74) 62 77 168 144 168

Age range of students 25-31 25-34 26-36 31-46 30-40 30-41

Average age 28 29 30 37 35 36

Student rating of culture and classmates 4.5 (22) – – – – –

Recruiters/careers service Full-time Evening Weekend Executive Executive Executive MBA MBA MBA MBA—North MBA— MBA— America Europe Asia

Number of industry sectors that recruited graduates 8 (4) – – – – –

Percentage of graduates in jobs 3 months after graduation 97 (10) – – – – –

Percentage of graduates finding jobs through careers services 88 (3) – – – – –

Student rating of careers service 4.6 (1) – – – – –

Post-MBA salary, US$ 103,219 (31) – – – – –

Percentage increase in salary 49 (97) – – – – –

Principal recruiters of graduates McKinsey & Co, Lehman Brothers, – – – – – Merrill Lynch

Cost Full-time Evening Weekend Executive Executive Executive MBA MBA MBA MBA—North MBA— MBA— America Europe Asia

Application fees US$200 US$175 US$175 US$100 US$100 US$100

Programme fees US$47,260 US$4,655 US$4,655 US$127,000 US$63,000 US$164,000

Comments Per year Per course Per course Total Total Total programme programme programme

Accommodation costs (on campus, per year) US$13,500 – – – – –

Accommodation costs (off campus, per year) US$13,500 – – – – –

Financial aid available – – – – – –

Type of aid available Scholarships, loans – – – – –

Criteria on which aid is granted Merit, need – – – – –

Application details Full-time Evening Weekend Executive Executive Executive MBA MBA MBA MBA—North MBA— MBA—Asia America Europe

Application deadline March 11th June 19th May 1st March 31st March 31st April 1st

Programme dates Sep start, Jan start, Sep start, Jun start, Jun start, Jun start, 21 months 30 months 26 months 21 months 21 months 21 months

Admissionrequirements



Accreditation



“There is a great freedom of choice. There are no required class and thus I don’t have to spend time taking classes that are not relevant to my career interests.”

“It is not always is easy to realise the practical relevance of what is taught.”


Strengths: finance and accounting, strategic management, marketing

Weakness: programme can sometimes be over-theoretical

The directoryUniversity of Chicago—Graduate School of Business

First degree; TOEFL or IELTS; references; 3 essays; personal slide presentation

First degree; 2 references;

3 essays; interview

First degree; 2 references;

3 essays; interview

First degree; work experience;

3 references; essays; interview;

employed full-time; career history


3 references; essays; interview;

employed full-time; career history


experience; 3 references; 2 essays;

interview; employed full time; career

history; company support letter


Part 2The directory


BackgroundThe Shanghai-based China Europe International Business School (CEIBS) is a non-profit joint venture by China’s Ministry of Foreign Trade and Economic Co-operation, Shanghai municipal government and the EU. Shanghai Jiaotong University and the European Foundation for Management Development (EFMD) effectively run the school, which was set up in 1994. CEIBS has rapidly established itself and now pro-duces 180 MBA graduates, 600 EMBA graduates and 8,000 executive education participants every year. It has 4,500 alumni. Though its main mission is to further economic development in China it is also expanding its global reach, increasing its research output (particularly in ethics, values and corporate social responsibility) and continues to grow in terms of faculty and staff.

FacilitiesCEIBS is based on a new campus in Pudong, Shanghai, and has excellent facilities. Its Phase II develop-ment is now complete, increasing floor space to around 40,000 sq m. The school has three academic centres with 12 lecture theatres, 26 discussion rooms, six lecture rooms and 52 faculty/administration offices. On-campus dormitory accommodation is available. The school also has facilities in Beijing and Shenzhen. Full-time MBA MBA for ExecutivesStudent assessment of facilities 3.9 (n/a) –

FacultyNumber of faculty: 31 full-time, 11 visiting Full-time MBA MBA for ExecutivesNumber of faculty per student 0.2 (n/a) 0.1



Programme highlightsCEIBS’ 18-month full-time MBA programme consists of 14 compulsory core courses in the first two terms, followed by electives (which may, but need not be, grouped into a finance or marketing con-centration) and a seven-week group consulting project. International students are required to learn Chinese and encouraged to take the Chinese Proficiency Test (also known as HSK) to assist their MBA study and future career in China.

The Executive MBA is offered in English (the International programme) or Mandarin. The two-year part-time programme comprises 15 compulsory courses, four electives and one group project. Classes meet once a month, Friday–Monday. During the second year, participants can specialise in finance or advanced marketing or follow a general track. International programme participants take one course at a leading business school in the US or European Union. Another overseas course is an option. Currently, International and Chinese classes are held in Shanghai and Mandarin classes in Beijing and Shenzhen. Full-time MBA MBA for ExecutivesStudent rating of programme 4.0 (n/a) –



China Europe International Business School (CEIBS)

Address:

No. 699 Hongfeng RoadPudong New DistrictShanghai, China201206

Tel:+ 86 21 2890 5675

Fax:+ 86 21 2890 5114


Website:www.ceibs.edu

Programme director:Lydia Price



Part 2

Students

Full-time MBA MBA for ExecutivesAnnual intake 191 710




Average GMAT score 686 (n/a) n/a



Average age 29 38



Full-time MBA MBA for ExecutivesNumber of industry sectors that recruited graduates 8 (n/a) –






Principal recruiters of graduates OCBC, Tesco, McKinsey & Co –

Cost

Full-time MBA MBA for ExecutivesApplication fees US$80 Rmb900 (US$118)

Programme fees US$35,000 Rmb338,000 (US$44,474)

Comments – Total programme

Accommodation costs (on campus, per year) Rmb12,000 (US$1,579) –

Accommodation costs (off campus, per year) Rmb18,000 (US$2,368) –


Type of aid available Scholarships, loans –


Application details

Full-time MBA MBA for ExecutivesApplication deadline May 11th November 14th

Programme dates Aug start, 18 months Mar start, 24 months


The directoryChina Europe International Business School (CEIBS)

Accreditation



“China will be too big to be ignored in the future. The best place to learn about China is in the country itself.”

“Career services are geared mostly to Chinese and Chinese-speaking students.”


Strengths: Chinese economy and emerging markets, banking and finance, leadership

Weakness: international recruitment


3 essays


4 essays; interview


Part 2The directory


BackgroundThe MBA started by the graduate school of the Chinese University of Hong Kong (CUHK) in 1966 (the same year the school was established) is the oldest, and one of the most prestigious, full-time pro-grammes in Hong Kong. The university itself is predominantly for undergraduates and has over 12,000 students, though the MBA programme is small. The school has a strong alumni base and good connec-tions with the local business community. Guest lectures by local and international business leaders are a regular part of the MBA curriculum and most courses also involve project work. The programme partic-ularly appeals to would-be entrepreneurs and is commonly used as a launching pad for new businesses. As CUHK is a bilingual university, some knowledge of Chinese languages is useful. However, virtually all MBA classes are given in English. Only those directly related to markets in China or dealing in depth with Chinese issues are given in Chinese languages.

FacilitiesCUHK is sited on a large split-level campus overlooking the scenic Tolo Harbour, near Shatin, some 40 minutes’ drive from Hong Kong Island (there is a fast commuter rail link). Facilities are excellent. Modern classrooms provide good technology and computing support. There are also student common rooms and a behavioural science laboratory for scientific investigative research and skills development. On-campus accommodation is available. Full-time MBA Part-time MBA Executive MBA Student assessment of facilities 4.5 (30) – –

FacultyNumber of faculty: 110 full-time, 10 part-time, 2 visiting Full-time MBA Part-time MBA Executive MBA Number of faculty per student 2.2 (1) 1.1 2.4



Programme highlightsCUHK’s 16-month full-time MBA includes a required pre-course session, 11 core courses and a variable number of electives depending on the concentration taken. Concentrations are either in China business, finance or marketing, all of which require a mix of required and optional elective courses, though stu-dents also have a general management option. Students who opt not to take an internship or exchange can complete the degree in 12 months by continuing classes through the summer.

The part-time Evening MBA programme is similar to the full-time version, including concentrations. Classes are held at CUHK’s downtown MBA centre once a week for each course. The Weekend part-time pro-gramme is similar to the full-time and Evening versions. Students take two courses per semester. Classes are held on the main campus on Saturdays. Both programmes are normally completed in two years.

The Executive MBA consists of eight ten-week quarters over two years. Chinese and English lan-

Chinese University of Hong Kong

Address:

Faculty of Business AdministrationShatin, N. T.Hong KongHong Kong SAR/China

Tel:+852 2609 7777

Fax:+852 2603 6289


Website:www.cuhk.edu.hk/mba

Programme director:Michael Ferguson


Open new career opportunities 56Diversity of recruiters 82Number in jobs three months after graduation 26Jobs found through the careers service n/aStudent assessment of careers service 50Personal development/educational experience 16Faculty quality 2Student quality 94Student diversity 21Education experience 8

Increase in salary >100Increase in salary 14Post-MBA salary >100Potential to network 34Breadth of alumni network 18Internationalism of alumni 92Alumni effectiveness 31


Part 2

guages are used. There is a residence week in a local hotel at the beginning and end of the programme. Classes are held at CUHK’s downtown MBA centre on Friday evenings and Saturday afternoons.

CUHK also takes part in OneMBA, a joint global programme (see page 264). Full-time MBA Part-time MBA Executive MBA Student rating of programme 4.1 (>100) – –



Students











Full-time MBA Part-time MBA Executive MBA Number of industry sectors that recruited graduates 7 (82) – –


Percentage of graduates finding jobs through careers services n/a (n/a) – –


Post-MBA salary, US$ 52,538 (>100) – –


Principal recruiters of graduates Goldman Sachs, IBM, LVMH – –

Cost

Full-time MBA Part-time MBA Executive MBA Application fees HK$180 (US$23) HK$180 (US$23) HK$180 (US$23)

Programme fees HK$270,000 (US$34,615) HK$230,400 (US$29,538) HK$308,000 (US$39,487)

Comments Total programme – Total programme

Accommodation costs HK$42,000 (US$5,385) – –(on campus, per year)

Accommodation costs HK$72,000 (US$9,231) – –(off campus, per year)

Financial aid available US$350,000 – –

Type of aid available Scholarships, – – exchange, loans


Application details

Full-time MBA Part-time MBA Executive MBA Application deadline March 31st March 31st March 7th

Programme dates Aug start, 16 months Aug start, 24 months Aug start, 24 months


The directoryChinese University of Hong Kong



Accreditation



“It has a prime location and strong professors teaching the core coursework.”

“There is not enough of variety [of electives] to choose, due to the number of students.”


Strengths: finance, marketing, China business

Weakness: limited elective choice


TOEFL; 2 references; essay; interview


work experience; references; interview


experience; GMAT; TOEFL; references; essay


Part 2The directory


BackgroundCass is based in the heart of the City of London, one of the world’s leading financial centres. Its links with business are excellent and the list of visiting speakers is impressive. The full-range school is big by European standards (thought most undergraduate programmes are taught at a separate site) and makes a point of combining an intellectual, academic approach with business-oriented practicality. A good slice of MBA course work is taught by practising executives—the fact that most of them are on Cass’s doorstep helps.

FacilitiesCass is housed in a £36m eight-floor building in London’s financial district, built in 2002. The excellent facilities include classrooms, lecture theatres and syndicate rooms. There is some on-campus accom-modation in halls of residence, but demand outstrips supply. Help is given to students seeking accom-modation in London, but it is expensive and may be some way from the school. Full-time MBA Executive MBAStudent assessment of facilities 4.3 (58) –

FacultyNumber of faculty: 102 full-time, 4 part-time Full-time MBA Executive MBANumber of faculty per student 1.3 (11) 1.5



Programme highlightsCass’s one-year full-time MBA begins with a traditional core of 12 courses arranged in four modules, followed by six electives and an individual project, often used as a precursor to landing a job. The core takes up the first two terms, electives the third and the project the final term. Soft skills and careers training are good, and each student has an individual alumnus to act as a mentor.

The part-time evening Executive MBA is more or less identical to the full-time version and is taken over two years. Classes meet two evenings a week in term time and on the occasional weekend. Students take core courses in the first year, and eight elective courses and a business project in the second year. The EMBA is also offered in a modular version.

A two-year, part-time EMBA is also offered in Dubai in collaboration with the Dubai International Financial Centre. Full-time MBA Executive MBAStudent rating of programme 4.5 (36) –



City University—Cass Business School

Address:

106 Bunhill RowLondonUKEC1Y 8TZ

Tel:+44 20 7040 8662

Fax:+44 20 7040 8898


Website:www.cassmba.com

Programme director:Chris Storey





Part 2

Students





Average GMAT score 646 (56) n/a



Average age 30 32









Principal recruiters of graduates KPMG, Royal Bank of Scotland, – Standard & Poor’s

Cost

Full-time MBA Executive MBAApplication fees £50 (US$100) £50 (US$100)


Comments Total programme –

Accommodation costs (on campus, per year) £7,800(US$15,600) –



Type of aid available Studentships, scholarships –


Application details

Full-time MBA Executive MBAApplication deadline May 31st –

Programme dates Sep start, 12 months Feb start, 24 months


The directoryCity University—Cass Business School



Accreditation



“Its main strength is its relations within industry. It is ideally located in the City of London.”

“There is a lack of marketing courses.”


Strengths: finance, strategy , entrepreneurship

Weakness: marketing


references; essay


essay; interview; laptop


Part 2The directory


BackgroundColumbia rightly stresses its international orientation, but the school’s location in New York City is a big plus. It can draw on high-profile executives as guest speakers and adjunct faculty as well as offer attrac-tive internships and project opportunities. Columbia also has good national and international links, including a network of more than 33,000 alumni around the world who can provide access to informa-tion, mentors and jobs. Hundreds of employers actively recruit each year, conducting thousands of on-campus interviews and corporate presentations.

FacilitiesThe business school is based in the refurbished Uris Hall, at the centre of the university campus, which provides classrooms, library, faculty and student lounges, offices and a delicatessen. Library, sports and leisure facilities are good. There are further amenities at Warren Hall, an eight-storey building five min-utes’ walk from Uris and shared with the School of Law.

Columbia University has submitted proposals for a major expansion in the West Harlem area and if this succeeds it may mean a move for the school in future years. Some university housing is available but most students rent accommodation. Full-time MBA Executive MBA EMBA-GlobalStudent assessment of facilities 4.0 (95) – –

FacultyNumber of faculty: 116 full-time, 116 part-time, 7 visiting Full-time MBA Executive MBA EMBA-GlobalNumber of faculty per student 0.2 (100) 2.1 3.3



Programme highlightsThe core curriculum of Columbia’s two-year full-time MBA has been revamped with effect from autumn 2008. Students will now take two full courses and 12 half-term courses. In the second half of the second term in the “flexible core”, students will select one core class from three pre-specified menus (Organi-zations, Performance and Markets). Electives start towards the end of the first year. Some electives are designated as master classes, project-based courses specialising in particular industries such as media, real estate and consulting. Concentrations are not required, but students can group electives into offered areas of concentration or design their own. Some electives can be taken in other graduate schools of the university.

Classes for the 20-month Executive MBA are held on Friday and Saturday of alternate weeks. The programme comprises five consecutive terms with four classes each term.

The 20-month EMBA–Global is run in partnership with London Business School (LBS). The programme is a mix of campus-based lectures, case studies, projects and teamwork, field trips, company-based projects and online course material (see page 198). Participants earn an MBA degree from both institutions.

Columbia Business School

Address:

3022 BroadwayUris Hall, Room 216New York, New YorkUS10027

Tel:+1 212 854 2747

Fax:+1 212 854 3050


Website:www.gsb.columbia.edu/mba

Programme director:Amir Ziv





Part 2

The school also offers the Berkeley–Columbia Executive MBA (see page 104 for full details). Full-time MBA Executive MBA EMBA-GlobalStudent rating of programme 4.3 (39) – –



Students

Full-time MBA Executive MBA EMBA-GlobalAnnual intake 711 115 72

Applicants:places 8:1 – –









Full-time MBA Executive MBA EMBA-GlobalNumber of industry sectors that recruited graduates 8 (4) – –






Principal recruiters of graduates McKinsey & Co, Citi, Goldman Sachs – –

Cost

Full-time MBA Executive MBA EMBA-GlobalApplication fees US$250 US$160 US$170


Comments Total programme Total programme Total programme




Type of aid available Fellowships, scholarships, loans – –


Application details

Full-time MBA Executive MBA EMBA-GlobalApplication deadline April 16th June 1st January 31st

Programme dates Sep start, 20 months Sep start, 20 months May start, 20 months


The directoryColumbia Business School



Accreditation



“I never realised that being in NY would be so useful in terms of access to speakers, alumni etc.”

“The facilities leave something to be desired. Classrooms are cramped and the technical services are sub par. But that will all change in a few years when Columbia Business School moves into its new location.”


Strengths: finance, management, entrepreneurship

Weakness: cramped facilities

First degree; TOEFL; references; 4 essays;

interview; laptop


experience; TOEFL; 2 references; essay;

interview; laptop



interview


Part 2The directory


BackgroundBy US standards the Johnson Graduate School of Management is small with a friendly and co-opera-tive, teamworking ethic and a commitment to business education that is readily applicable to the real world. Although it is a bit out of the way (a five-hour drive from New York City), geographical isolation has not stopped it setting up international links, notably with Japan, and about one-third of students come from outside the US. The school is closely linked to its parent, the prestigious Ivy League Cornell University (a link the school’s five-year strategic plan intends to strengthen), and MBA students are encouraged to take advantage of the range of courses offered by the university as a whole.

FacilitiesThe Johnson school is based in Sage Hall, which is one of the earliest buildings at Cornell and a his-toric landmark (it was constructed to house Cornell’s first women students). A US$35m renovation has effectively created an entirely new building within the old walls and provided outstanding facilities, including eight amphitheatre classrooms and 29 breakout rooms. The school has also added a broadcast studio for use in the Cornell-Queen’s Executive MBA programme, allowing real-time, interactive video-conferencing for students in the US and Canada. The university is set in beautiful countryside in New York State’s Finger Lakes region, and from November to March the weather is cold. Social life, which centres on the university, is good. Most MBA students live off campus, where accommodation is reason-ably priced. Some foreign students live on campus. Full-time Executive Cornell-Queen’s MBA MBA Executive MBA Student assessment of facilities 4.7 (9) – –

Faculty Number of faculty: 65 full-time, 19 part-time, 25 visiting

Full-time Executive Cornell-Queen’s MBA MBA Executive MBA Number of faculty per student 0.3 (>100) 1.7 109.0



Programme highlightsCornell’s two-year full-time MBA programme has the traditional rigorous US core (12 required function-al courses), plus two or more electives in the first year and the remaining elective courses in the second. The core has some interesting innovations, the most notable being so-called immersion courses, taken during the spring semester of the first year, in which students work on real problems with real dead-lines. Although these are optional, about 80% of students take them. Johnson encourages students to take advantage of Cornell by choosing electives offered by other areas of the university.

There is an accelerated 12-month track for students with graduate degrees in scientific or technical fields and extensive work experience. The programme begins in May with a 10-week term that covers most of the two-year core. Students then join the elective streams.

The part-time, 22-month Executive MBA is held at IBM Palisades Executive Conference Center out-

Cornell University—Johnson Graduate School of Management

Address:

Sage HallIthaca, NYUS14853

Tel:+1 607 255 5670

Fax:+1 607 255 2823


Website:www.johnson.cornell.edu

Programme director:Cathy Dove





Part 2

side New York City. Classes are held every other weekend (all day Saturday and Sunday morning) and there is a one-week residential session on the Ithaca campus at the beginning of each of the four terms.

The Cornell-Queen’s Executive MBA is a joint venture between Johnson and Queen’s School of Busi-ness in Canada. Classes for the heavily technology-based 17-month programme are held in New York State, Ohio, Washington State, Oregon, Washington DC and across Canada, and feature a combination of on-campus residential sessions and multi-point interactive videoconferencing-based sessions. Full-time Executive Cornell-Queen’s MBA MBA Executive MBA Student rating of programme 4.6 (4) – –Number of overseas exchange programmes 34 (79) – –Number of languages on offer 6 (5) – –

Students Full-time Executive Cornell-Queen’s MBA MBA Executive MBA Annual intake 310 65 1Applicants:places 7:1 2:1 2:1Percentage of women students 25 (93) 32 19Percentage of foreign students 35 (77) 20 56Average GMAT score 686 (29) 0 625Average number of months’ work experience 60 (60) 144 144Age range of students 24-32 26-62 28-50Average age 28 34 36Student rating of culture and classmates 4.6 (11) – –

Recruiters/careers service Full-time Executive Cornell-Queen’s MBA MBA Executive MBA Number of industry sectors that recruited graduates 8 (4) – –Percentage of graduates in jobs 3 months after graduation 96 (34) – –Percentage of graduates finding jobs through careers services 64 (62) – –Student rating of careers service 4.3 (8) – –Post-MBA salary, US$ 98,000 (41) – –Percentage increase in salary 56 (91) – –Principal recruiters of graduates Citi, General Electric, Deloitte – –

Cost Full-time Executive Cornell-Queen’s MBA MBA Executive MBA Application fees US$200 US$150 US$0


Comments – Total programme Fully inclusive (tuition, accommodations, food)






Application details Full-time Executive Cornell-Queen’s MBA MBA Executive MBA Application deadline March – –Programme dates Aug start, 21 months Jul start, 22 months Jul start, 17 monthsAdmission requirements

The directoryCornell University—Johnson Graduate School of Management



Accreditation



“The overall atmosphere and sense of community here is outstanding, and I am certain it is unique.”

“Many of the courses should incorporate some more international content.”


Strengths: finance, consulting, marketing

Weakness: internationalism


First degree; 2 references; 2 essays;

interview; laptop


2 references; 2 essays; interview; laptop


Part 2The directory


BackgroundCranfield School of Management, a key part of the postgraduate Cranfield University, was formally established in 1967 and is one of the UK’s longest-established business schools. It has a strong interna-tional orientation, with close links with companies and other schools and geographic regions. The MBA programme is well regarded but the school also puts a strong emphasis on executive education and has extensive research expertise across a wide area.

FacilitiesCranfield, housed in several closely grouped buildings, is large and very well equipped. The school’s information centre is computer-based and there are good computer facilities for students. Plenty of accommodation is available on the sprawling university campus, but many students live off campus in the surrounding villages, where housing is easy to find and reasonably priced. Because the campus is isolated a car is almost essential. Full-time MBA Executive MBAStudent assessment of facilities 4.7 (10) –




Programme highlightsCranfield’s one-year full-time MBA consists of four taught terms rather than the more usual (in the UK) three. The first and second terms are devoted to 14 core courses (including a one-week project man-agement module) and the third and fourth terms to electives, projects and study tours. Electives are grouped into themed modules, such as implementing and leading change and managing strategic inno-vation. Students must choose the equivalent of five major modules, assessed via individual and group projects. A personal and professional development theme is compulsory. There is also a required inter-national study tour. Some students may be required to attend pre-programme training.

The two-year part-time Executive MBA starts in January and ends in November of the following year. Part-time participants attend classes at Cranfield for 14 weekends (all day Friday and Saturday) and three-and-a-half week residential periods spread throughout each year. A modular version requires attending six eight-day modules at Cranfield each year. Full-time MBA Executive MBAStudent rating of programme 4.4 (32) –



Cranfield School of Management

Address:

CranfieldBedfordEnglandMK42 0AL

Tel:+44 1234 754 818

Fax:+44 1234 752 439


Website:www.cranfieldMBA.info

Programme director:Sean Rickard


Open new career opportunities 36Diversity of recruiters 4Number in jobs three months after graduation 45Jobs found through the careers service 30Student assessment of careers service 55Personal development/educational experience 22Faculty quality >100Student quality 10Student diversity 58Education experience 11



Part 2

Students








Average age 31 34



Full-time MBA Executive MBA

Number of industry sectors that recruited graduates 8 (4) –






Principal recruiters of graduates Dunnhumby, SITA, UBS –

Cost

Full-time MBA Executive MBA

Application fees n/a n/a


Comments Total programme, laptop included Total programme, laptop included



Financial aid available £500,000 (US$1m) –


Criteria on which aid is granted Need, merit –

Application details

Full-time MBA Executive MBAApplication deadline September 1st January 1st

Programme dates Sep start, 12 months Jan start, 24 months


The directoryCranfield School of Management



Accreditation



“The camaraderie among students—as well as a do-it-yourself, ‘it’s your MBA’ approach—encourages leadership skills development.”

“Given the duration of programme and diversity of candidates, perhaps the depth of some modules like accounting and finance can only cover base concepts.”


Strengths: leadership and personal development, corporate strategy, entrepreneurship

Weakness: finance

First degree; at least 3 years’ work experience; GMAT;

TOEFL or IELTS; references; 4 essays


4 essays; interview


Part 2The directory


BackgroundCurtin University Graduate School of Business (GSB) is part of Curtin Business School, which in turn is the largest teaching unit of Curtin University of Technology. The school has close links with business and industry, a good national brand name and a strong focus on Asian issues. As well as academic facul-ty, the school uses many senior executives as adjunct professors and teaching fellows. Through a series of business leaders seminars, which focus on a range of management and leadership topics, it provides exposure to local and global leaders.

FacilitiesCurtin GSB is based in the centre of Perth in a refurbished building, formerly the government printing office, and facilities are specially designed for graduate students, most of whom work full-time nearby. It also provides easy access to business locations. Perth is noted for its superb food and wine and for its beaches. It also provides easier access to some of Asia’s most thriving economies than many commercial centres on Australia’s eastern seaboard. The school is planning a new satellite campus in Singapore. Full-time MBA Part-time MBAStudent assessment of facilities 4.2 (67) –

FacultyNumber of faculty: 15 full-time, 29 part-time, 3 visiting Full-time MBA Part-time MBANumber of faculty per student 0.5 (53) 0.3



Programme highlightsThe Curtin MBA is offered in identical full-time and part-time formats with the option to complete some courses via distance learning. The minimum time required to complete the basic MBA is 12 months full-time or between two and four years part-time. There are different tracks for students with an undergraduate business degree and those without. Three specialisations are available: marketing, stra-tegic procurement and human services. Alternatively, students can take four additional general units to receive an Advanced MBA. The programme can be completed online but some residence at Curtin is required. It is also offered part-time at Curtin’s Sarawak campus in Malaysia. Full-time MBA Part-time MBAStudent rating of programme 4.0 (61) –



Curtin University Graduate School of Business

Address:

78 Murray StreetPerthWestern Australia6000

Tel:+ 61 8 9266 2882

Fax:+ 61 8 9266 3368


Website:www.gsb.curtin.edu.au

Programme director:Peter Galvin


Open new career opportunities >100Diversity of recruiters 87Number in jobs three months after graduation >100Jobs found through the careers service 97Student assessment of careers service 68Personal development/educational experience 2Faculty quality 71Student quality 2Student diversity 11Education experience 89

Increase in salary 89Increase in salary >100Post-MBA salary 65Potential to network 81Breadth of alumni network 59Internationalism of alumni 77Alumni effectiveness 72


Part 2

Students








Average age 31 34



Full-time MBA Part-time MBANumber of industry sectors that recruited graduates 7 (87) –

Percentage of graduates in jobs 3 months after graduation 29 (>100) –




Percentage increase in salary 28 (>100) –

Principal recruiters of graduates BHP Billiton, ANZ Bank, Australian Government –

Cost

Full-time MBA Part-time MBAApplication fees – –

Programme fees A$29,100 (US$24,250) A$29,100 (US$24,250)

Comments Total programme Total programme

Accommodation costs (on campus, per year) A$6,110 (US$5,092) –

Accommodation costs (off campus, per year) A$14,656 (US$12,213) –



Criteria on which aid is granted Merit, AusAid, Indigenous Aid –

Application details

Full-time MBA Part-time MBAApplication deadline – –

Programme dates Jan start, 12 months Jan start, 24 months


The directoryCurtin University Graduate School of Business



Accreditation



“It’s an excellent programme with a very diverse international component.”

“Not much focus on recruitment. Most students were already employed or had pre-existing opportunities.”


Strengths: business strategy, leadership and governance, strategic procurement


First degree; at least 3 years’ work experience; TOEFL, IELTS or CUTE;


First degree; at least 3 years’ work experience; TOEFL, IELTS or CUTE;

2 references


Part 2The directory


BackgroundTuck School of Business, part of the prestigious Dartmouth College, is the oldest graduate school of business in the world (founded in 1900). It offers only one degree programme, the full-time MBA, and claims this gives it added focus. The school is noted for general management, teamwork, close student–faculty relations and the Tuck experience of a small residential programme in a beautiful, if slightly remote, semi-rural setting. Almost all work is done in assigned teams and the ability to succeed in col-laborative working is essential.

FacilitiesThe school consists of six interconnected buildings combining traditional Georgian and modern archi-tecture on a 13-acre site on the western edge of the Dartmouth campus. Paul Danos, only the ninth dean in the school’s long history, has invested heavily in faculty hiring, technology and building, and the facilities are excellent. Most first-year students live on campus, further heightening the collegiate atmosphere. Tuck is planning a new “living and learning” complex on campus that is expected to pro-vide at least three new classrooms capable of seating between 60 and 70 students, additional study rooms and accommodation for about 95 first-year students.

Hanover is a tiny college town, about two hours’ drive from Boston, in a beautiful country setting in New Hampshire. Despite its remoteness, Tuck has no difficulty in attracting recruiters and all the major organisations are represented on campus. Full-time MBAStudent assessment of facilities 4.8 (1)

FacultyNumber of faculty: 42 full-time, 35 part-time Full-time MBANumber of faculty per student 0.2 (>100)Percentage of faculty with PhD 100 (11)Student rating of faculty 4.6 (15)

Programme highlightsThe first year of Tuck’s two-year full-time programme concentrates on a lengthy 14-course core plus a team project and one elective. The emphasis is on leadership and leadership development courses run throughout the first year. Most first-year work is carried out in four- or five-person study groups. Sec-ond-year students study 12 electives and undertake an optional international field project. There is no requirement to select a major but students are free to group electives if they wish. Full-time MBAStudent rating of programme 4.5 (14)Number of overseas exchange programmes 44 (62)Number of languages on offer 6 (5)

Dartmouth College—Tuck School of Business

Address:

100 Tuck HallHanover, NHUS03755

Tel:+1 603 646 0041


Website:www.tuck.dartmouth.edu

Programme director:Matthew Slaughter





Part 2The directory

Dartmouth College—Tuck School of Business


Recruiters/career services Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 98 (7)Percentage of graduates finding jobs through careers services 81 (18)Student rating of careers service 4.3 (11)Post-MBA salary, US$ 107,406 (27)Percentage increase in salary 78 (47)Principal recruiters of graduates McKinsey & Co, Lehman Brothers, Bain & Co

Cost Full-time MBAApplication fees US$220Programme fees US$42,990Comments Per yearAccommodation costs (on campus, per year) US$9,725Accommodation costs (off campus, per year) US$11,100Financial aid available VariesType of aid available Scholarships, loansCriteria on which aid is granted Merit or a combination of merit and need

Application details Full-time MBAApplication deadline AprilProgramme dates Aug start, 21 monthsAdmission requirements First degree; TOEFL; references; 4 essays; interview; laptop; transcripts



Accreditation



“The school has a strong curriculum, but it is the students, administrators and faculty behind the curriculum that make this place so special.”

“Not enough focus on international business in the case studies and lectures.”


Strengths: strategy/management, finance, marketing

Weakness: can lack internationalism


Part 2The directory


BackgroundThe Trinity MBA is one of the oldest in Europe (it started in 1964) and Trinity College is one of Europe’s oldest universities, founded by Elizabeth I in 1592. Illustrious alumni have included Jonathan Swift, Oliver Goldsmith, Oscar Wilde and Samuel Beckett. The school of business teaches undergraduate and graduate programmes.

FacilitiesThe school is based on the Trinity campus, a collection of ancient and modern buildings and grassy or cobbled courtyards in the centre of Dublin. The MBA programme has its own 40-seat classroom, eight syndicate rooms, a common area, an adjacent kitchen and offices. The syndicate rooms are equipped with computer facilities providing Internet access. Students can use all the university facilities, includ-ing general and specialised databases. The college will advise on accommodation. Full-time MBAStudent assessment of facilities 4.1 (n/a)

FacultyNumber of faculty: 13 full-time, 11 part-time, 2 visiting Full-time MBANumber of faculty per student 0.6 (n/a)Percentage of faculty with PhD 85 (n/a)Student rating of faculty 4.2 (n/a)

Programme highlightsTrinity’s one-year MBA programme has a tradition of personalised, tutorial-style learning, and the class size is deliberately kept small. In the second half of the programme students meet practising executives in a series of seminars. They also spend one week in mainland Europe as an introduction to the business implications of the European Union.

The programme is divided into five modules with typical core courses and more broadly based cours-es taught across most of them. Each module is linked to one of the stages of a team (5–6 students) in-company project that is the centrepiece of the programme and is worked on throughout most of the year. At each project stage the team must produce oral and written reports. Students also work on an individual research essay. Full-time MBAStudent rating of programme 3.9 (84)Number of overseas exchange programmes 40 (22)Number of languages on offer 0 (111)

Students Full-time MBAAnnual intake 30Applicants:places 11:1Percentage of women students 27 (n/a)Percentage of foreign students 27 (n/a)Average GMAT score 571 (n/a)Average number of months’ work experience 144 (n/a)Age range of students 27-44Average age 34Student rating of culture and classmates 4.1 (n/a)

University of Dublin—Trinity College—School of Business

Address:

Trinity College DublinSchool of BusinessDublinIreland

Tel:+353 1896 1994

Fax:+353 1679 9503


Website:www.trinitymba.com

Programme director:Vincent Dooley



Part 2The directory

University of Dublin—Trinity College—School of Business

Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 6 (n/a)Percentage of graduates in jobs 3 months after graduation 90 (n/a)Percentage of graduates finding jobs through careers services 30 (n/a)Student rating of careers service 3.2 (n/a)Post-MBA salary, US$ 118,297 (n/a)Percentage increase in salary 90 (n/a)Principal recruiters of graduates –

Cost Full-time MBAApplication fees €100 (US$137)Programme fees €28,500 (US$39,041)Comments –Accommodation costs (on campus, per year) €3,800 (US$5,205)Accommodation costs (off campus, per year) €5,100 (US$6,986)Financial aid available €80,000 (US$109,589)Type of aid available ScholarshipsCriteria on which aid is granted EU citizens, academic, financial need

Application details Full-time MBAApplication deadline August 15thProgramme dates Sep start, 11 monthsAdmission requirements First degree; at least 3 years’ work experience; GMAT; TOEFL; references; 3 essays



Accreditation



“Choose TCD for the diversity, the class size, the price, the reputation and the location.”

“Not enough focus on alumni development/networking opportunities.”


Strengths: strategy, finance, international business



Part 2The directory


BackgroundThe Fuqua School of Business is young by US standards, starting only in 1970. It underwent significant growth during the 1980s after a series of gifts from J B Fuqua, an Atlanta industrialist and philanthrop-ist. (The name is pronounced “few-qua”.) The school stresses collaboration and there is an emphasis on functional skills and personal effectiveness through soft skills workshops and projects. From an initial 12 students in 1970, Fuqua now has over 1,300 students on MBA programmes as well as a strong execu-tive education arm. The school has been a leader in the use of technology in teaching. It has close links to business, benefiting from its base in the Raleigh–Durham–Chapel Hill triangle, a cluster of universi-ties and high-tech businesses.

FacilitiesFacilities are excellent. The Keller Center’s 40,000 sq-ft east wing houses the MBA programme. It includes five lecture halls, two auditoriums, seminar and team rooms, the placement and faculty offices, a student lounge, two computer labs, a snack bar and the library. More faculty and other offices are located in the west wing.

Full-time MBA—Global MBA—Cross MBA—Weekend MBA Executive Continent Executive

Student assessment of facilities 4.5 (17) – – –



Number of faculty per student 0.3 (96) 1.7 1.2 1.3

Percentage of faculty with PhD 97 (37) 97 97 97

Student rating of faculty 4.6 (9) – – –

Programme highlightsDuke has updated its MBA curriculum. The full-time MBA is taught in six-week terms with students taking three or four courses per term, allowing at least five electives to be taken in the first year. The number of electives can be increased by taking the FleX Term, a two-week winter term with key career electives aimed at preparing students for their summer internship.

The programme starts with a three-week “Global Institute” in August, which combines two core courses on leadership and ethics and global business. Concentrations are not required but are offered. A concentration typically offers six focused electives chosen from a range offered.

The Duke MBA–Weekend Executive is a 20-month part-time programme. Classes meet all day Friday and most of Saturday (with an overnight stay) on campus on alternate weekends. Students take three required classes during each of the first four terms and six short elective courses in the fifth term. There is an optional international study tour and some online learning.

The Duke MBA–Global Executive is a 5-term 18-month programme with residential sessions in Asia, South America, Europe and the US. Each term includes a three-week reading period, a two-week resi-

Duke University—Fuqua School of Business

Address:

One Towerview DriveDurham, NCUS27708

Tel:+1 919 524 1645

Fax:+1 919 660 2949


Website:www.fuqua.duke.edu/mba/daytime/

Programme director:Michael Hemmerich





Part 2The directory

Duke University—Fuqua School of Business

dential classroom session, 10-12 weeks of online work and a one-week break. The 20-month Duke MBA–Cross Continent MBA is a variation on the Global Executive programme,

using on-campus residencies and distance learning. There are nine residential sessions (eight one-week sessions and one week of orientation), of which six are in North America, one in Europe, one in Asia and one in a third international location. During non-residential weeks students spend 20 hours a week continuing their studies online.


Student rating of programme 4.4 (18) – – –

Number of overseas exchange programmes 130 (58) – – –

Number of languages on offer 6 (59) – – –

Students Full-time MBA—Global MBA—Cross MBA—Weekend MBA Executive Continent Executive

Annual intake 429 85 118 109

Applicants:places 7:1 – – –

Percentage of women students 36 (49) 19 21 16

Percentage of foreign students 40 (64) 44 35 37

Average GMAT score 690 (16) n/a 652 648

Average number of months’ work experience 66 (48) 180 77 120

Age range of students 26-34 34-45 26-34 29-41

Average age 29 39 30 34

Student rating of culture and classmates 4.6 (12) – – –

Recruiters/careers service Full-time MBA—Global MBA—Cross MBA—Weekend MBA Executive Continent Executive

Number of industry sectors that recruited graduates 7 (53) – – –

Percentage of graduates in jobs 3 months after graduation 89 (72) – – –

Percentage of graduates finding jobs through careers services 72 (36) – – –

Student rating of careers service 4.1 (18) – – –

Post-MBA salary, US$ 98,510 (39) – – –

Percentage increase in salary 88 (58) – – –

Principal recruiters of graduates Johnson & Johnson, – – – Bank of America, Deloitte

Cost Full-time MBA—Global MBA—Cross MBA—Weekend MBA Executive Continent Executive

Application fees US$200 US$200 US$200 US$200

Programme fees US$44,100 US$135,500 US$101,900 US$102,900

Comments Per year Total programme Total programme Total programme

Accommodation costs (on campus, per year) US$6,500 – – –

Accommodation costs (off campus, per year) US$6,500 – – –

Financial aid available – – – –

Type of aid available Scholarships, loans – – –

Criteria on which aid is granted Merit, need – – –

Application details Full-time MBA—Global MBA—Cross MBA—Weekend MBA Executive Continent Executive

Application deadline March March 16th March 16th January 15th

Programme dates Aug start, 22 months May start, 18 months Jul start, 20 months Mar start, 20 months




Accreditation



“An impressive quality of coursework and education with a dynamic student body.”

“Although an international focus is woven effectively throughout the curriculum it would be nice to have an international business concentration added officially and for it to be supported by more language courses.”


Strengths: finance, marketing, general management

Weakness: international courses

First degree; references; 2 short

essays and two long essays; interview;

laptop

First degree; at least 10 years’ work experience; TOEFL,

IELTS or TOEIC; 3 references; interview;

laptop; sponsorship letter from employer


experience; references; interview; laptop;

sponsorship letter from employer


experience; references; interview; laptop; sponsorship letter

from employer


Part 2The directory


BackgroundDurham Business School, founded in 1965, is one of the oldest in the UK and the university itself is exceeded in age only by Oxford and Cambridge. Like them it operates a college system to which all stu-dents, including MBAs, belong. The school is large, with some 2,500 students, the majority of them postgraduates. It has strong international connections with other academic institutions and with local, national and international business. The city of Durham has some exceptional architectural and histori-cal features, making it a highly desirable studying environment. Professor Rob Dixon took over as dean in April 2008. He was previously deputy dean.

FacilitiesPostgraduate business education including MBAs and specialist masters are offered at Mill Hill Lane campus, a dedicated site about a 20-minute walk from the centre of Durham, with lecture theatres, sem-inar rooms and breakout areas. The business school has its own library and there is 24-hour access to computer facilities. On-campus accommodation is available. Full-time MBA Executive MBAStudent assessment of facilities 4.4 (59) –




Programme highlightsDurham’s full-time MBA programme’s core courses are grouped into seven themed areas or modules. Students choose five electives in the second term from about 20 offered; these can be grouped into a specialisation or taken across a broad range. The individual academic dissertation or in-company project, which requires a dissertation of 15,000 words, is undertaken in June–September. Personal and professional development workshops run throughout the programme. The specialised full-time MBA (Finance) has the same core but three compulsory financial electives.

Durham’s two-year part-time Executive MBA is more or less identical to the full-time programme though with six core and six elective courses. Classes meet all day Friday and Saturday every two or three weeks.

The distance-learning MBA/MBA (Finance) is again virtually identical in content to the full-time and part-time programmes and leads to the same degree.

Durham also offers a part-time MBA in the Caribbean region in collaboration with the Caribbean Management Education Centre and a similar programme in Germany.

University of Durham—Durham Business School

Address:

Mill Hill LaneDurhamUKDH1 3LB

Tel:+44 191 334 5457

Fax:+44 191 334 5218


Website:www.dur.ac.uk/dbs

Programme director:Dr Julie Hodges


Open new career opportunities 70Diversity of recruiters 69Number in jobs three months after graduation 60Jobs found through the careers service 10Student assessment of careers service >100Personal development/educational experience 38Faculty quality 67Student quality 17Student diversity 63Education experience 52



Part 2The directory

University of Durham—Durham Business School

Full-time MBA Executive MBAStudent rating of programme 4.1 (81) –



Students








Average age 31 36

Student rating of culture and classmates 3.9 (>100) –





Student rating of careers service 2.8 (>100) –



Principal recruiters of graduates Barclays, BT, Ericsson –

Cost



Comments – –






Application details

Full-time MBA Executive MBAApplication deadline July 31st November 30th

Programme dates Sep start, 12 months Jan start, 24 months




Accreditation



“Great academic quality, infrastructure and learning environment.”

“Weak careers services: a lack of practical support and not very well connected.”


Strengths: human resource management, organisational ecology, entrepreneurship


First degree; at least 3 years’ work experience; GMAT; TOEFL or

IELTS; references


2 references; interview


Part 2The directory


BackgroundEADA (Escuela de Alta Dirección y Administración) is a commercial operation formed in 1957 in Barce-lona. It was originally a consultancy in business management and administration which expanded into customised in-company training. In 1960 it started its first open training courses and in 1981 gave up consulting to concentrate exclusively on training. It likes to see itself as a Spanish version of Ashridge, Henley or IMD. Not surprisingly, it has excellent links with business. The aim is that its international network, which originally focused on Latin America, should cover the whole world. International faculty and staff have been hired to help achieve this.

FacilitiesEADA is based in an eight-storey building in Barcelona. Facilities include 24 classrooms, an auditorium, a library, computer labs and meeting rooms, a cafeteria and a restaurant. EADA also has a residential training centre in Collbató, about 40 km from Barcelona, with 113 rooms, a restaurant, 18 classrooms, two auditoriums, meeting rooms, a library and a swimming pool. The centre is used on a regular resi-dential basis by all MBA programmes, mainly for outdoor development exercises and soft skills training. Full-time MBA Part-time MBA Executive MBAStudent assessment of facilities 3.6 (n/a) – –

FacultyNumber of faculty: 24 full-time, 7 part-time, 22 visiting Full-time MBA Part-time MBA Executive MBANumber of faculty per student 0.4 (n/a) 2.0 0.6



Programme highlightsEADA’s one-year International MBA is offered in English. The programme starts with a one-week orien-tation and foundation session. Students then study the extensive core (14 courses) between October and May, a set of integrative courses in May and June, and electives in July. Throughout the programme there are three team projects—a marketing plan, a business plan and new business venture—and stu-dents complete a corporate business project.

EADA also runs a Spanish MBA in full-time and part-time versions and a Spanish-language Executive MBA. It also participates in the Euro*MBA consortium. Full-time MBA Part-time MBA Executive MBAStudent rating of programme 4.2 (n/a) – –



EADA—Escuela de Alta Dirección y Administración

Address:

Arago 204BarcelonaSpain08011

Tel:+34 93 452 0844

Fax:+34 93 323 7317


Website:www.eada.edu

Programme director:Giulio Toscani



Part 2The directory

EADA—Escuela de Alta Dirección y Administración

Students





Average GMAT score 620 (n/a) 620 n/a






Full-time MBA Part-time MBA Executive MBANumber of industry sectors that recruited graduates 4 (n/a) – –






Principal recruiters of graduates HSBC, Hewlett-Packard, Honeywell – –

Cost

Full-time MBA Part-time MBA Executive MBAApplication fees n/a n/a n/a


Comments – – Total programme





Criteria on which aid is granted Need – –

Application details

Full-time MBA Part-time MBA Executive MBAApplication deadline May December 31st September 21st

Programme dates Sep start, 10 months Mar start, 15 months Oct start, 18 months




Accreditation



“Good balance between hard and soft skills as well as focus on team work.”

“Some infrastructure is poor, such as Internet, databases and computers. But it has improved in recent years.”


Strengths: strategy, HRM, finance


First degree; at least 3 years’ work experience; GMAT


experience; interview


experience; interview; CV; company letter


Part 2The directory


BackgroundThe Business School is closely integrated with Edinburgh University, one of the oldest (founded in 1582) and most highly respected universities in the UK. The university first offered a business degree in 1918 and the MBA was introduced in 1980. The school is full-range, teaching business and economics degrees at undergraduate, masters’ and doctoral levels. It has a strong research focus and a good international orientation.

FacilitiesThe school has its own fairly modern building with good facilities in the middle of the university campus, close to the city centre. It is used exclusively by postgraduate management students, researchers and executive-course participants. Students use the main university library, which is close by. The univer-sity has excellent sports and cultural amenities and on-campus accommodation is available. Edinburgh offers a wide variety of cultural and leisure activities. Full-time MBA Part-time MBAStudent assessment of facilities 4.5 (49) –




Programme highlightsThe one-year full-time Edinburgh MBA programme covers eight functional core subjects in the first semester linked by integrative projects. The first half of the second semester consists of a required stra-tegic management course and three options (electives) followed in the second half by one-week courses designed to link ideas from different subject areas to management issues. In the final part of the pro-gramme students complete a project and dissertation. A revamped Career and Personal Development (CPD) Programme, including an individual competency framework, psychometric and diagnostics test-ing, one-to-one feedback, and an individual development plan, is a major part of the MBA.

The full-time MBA is also taught in a 48-month modular version alongside full-time students. Edinburgh also offers a 15-month International MBA, taught alongside, and identical to, the first

one and a half semesters of the full-time programme. After that, students complete a full term’s course work at one of Edinburgh’s partner schools in Canada, China, Europe or the US. Between July and December they undertake a work placement in a country other than their country of origin and produce a 15,000-word dissertation.

The 30-month part-time MBA starts with an induction programme (two evenings a week for two

University of Edinburgh Business School

Address:

7 Bristo SquareEdinburghUKEH8 9AL

Tel:+44 131 650 8067

Fax:+44 131 650 6501


Website:www.man.ed.ac.uk

Programme director:Dr Inger Seiferheld





Part 2The directory

University of Edinburgh Business School

weeks) and classes generally meet twice a week. Students study ten foundation (core) subjects (five in the first year, three in the second year and two in the final year) and complete integrative projects. They also take five electives (three in the second year and two in the third year) with students from other MBA programmes and complete a dissertation. Full-time MBA Part-time MBAStudent rating of programme 4.1 (78) –



Students








Average age 31 35









Principal recruiters of graduates HBOS, Shell, PricewaterhouseCoopers –

Cost








Criteria on which aid is granted Essay, nationality, academic excellence –

Application details

Full-time MBA Part-time MBAApplication deadline July 31st July 31st





Accreditation



“The international class had no near competition from any of the schools I visited. This added a whole new angle on each topic we discussed.”

“Not all lecturers have practical experience.”


Strengths: finance and business economics, entrepreneurship, career and personal development

Weakness: some faculty


references; essay; laptop; may be called for interview;


2 references; essay; aptitude test; may be called for interview


Part 2The directory


BackgroundThe Escuela de Graduados en Administración y Dirección de Empresas (EGADE) was founded in 1995 to take over the graduate business programmes at Tecnológico de Monterrey (or ITESM), one of Mexico’s largest universities, with campuses throughout the country. EGADE is generally reckoned to be the best graduate business school in Latin America.

In 1995 the school offered one academic programme. It now offers six masters’ courses, a PhD, two post-masters’ certificates and other top management programmes, which together teach more than 1,400 business executives in Mexico, Central and South America, North America and Europe every year. EGADE has 1,100 graduate students, an alumni network of over 5,600 and strong ties with business-es and institutions. It accepts the GMAT but also administers its own admissions test, the Prueba de Admisión a Estudios de Posgrado (PAEP).

FacilitiesFacilities at EGADE are very good. The school occupies a large new building (completed in 2001), which is said to symbolise innovation, growth, interaction and the exchange of experiences. It includes 27 classrooms, 20 meeting rooms, a 300-seat auditorium, a cafeteria, a library and a wireless internet connection. Students can also use the facilities of the main campus. EGADE is based in the metropol-itan area of Monterrey, 180 miles south of the US–Mexican border. It is one of Latin America’s most attractive cities for business. Full-time MBA Part-time MBA OneMBAStudent assessment of facilities 3.8 (n/a) – –

FacultyNumber of faculty: 46 full-time, 84 part-time, 12 visiting Full-time MBA Part-time MBA OneMBANumber of faculty per student 1.8 (n/a) 0.5 –



Programme highlightsThe English-language MBA is known as the MBA with specialisation in Global Business and Strategy (MBA-GBS) and is a double degree offered jointly by EGADE and Belk College of Business Administra-tion at the University of North Carolina in the US. Students receive two MBA degrees—one from Tec de Monterrey, Campus Monterrey, and one from the University of North Carolina at Charlotte—and a certifi-cate in Global Business and Strategy, issued jointly by EGADE and Belk College. The programme consists of three “prerequisite” courses, mainly quantitative, followed by ten core courses covering the main business functions and five courses that make up the global business and strategy concentration. Three of the five are required and two are chosen from a list of eight elective courses including a project and an internship. The MBA-GBS can be taken full-time (15 months) or part-time (30 months) at the EGADE campus. Belk College components are offered as weekend sessions and via videoconferencing.

EGADE’s main MBA programme, which can also be taken full-time (16 months) or part-time (30 months), is largely taught in Spanish, but students are required to be able to read English since most reading material in the programme is in that language.

EGADE is one of the partner schools in the Global Executive OneMBA (see page 264).Tec de Monterrey, Campus Guadalajara, and the University of South Carolina’s Moore School of Busi-

ness are offering a new Executive International MBA (see page 276 for more details). Full-time MBA Part-time MBA OneMBAStudent rating of programme 3.6 (n/a) – –




Address:

Col. Valle OrienteSan Pedro Garza Garcia, N. L.Mexico66269

Tel:+52 81 8625 6040

Fax:+52 81 8625 6028

[email protected]

Website:www.egade.itesm.mx

Programme director:Carlos Serrano



Part 2The directory


Students

Full-time MBA Part-time MBA OneMBAAnnual intake 52 269 10


Percentage of women students 60 (n/a) 28 –


Average GMAT score n/a (n/a) 593 589






Full-time MBA Part-time MBA OneMBANumber of industry sectors that recruited graduates 8 (n/a) – –

Percentage of graduates in jobs 3 months after graduation – (n/a) – –

Percentage of graduates finding jobs through careers services – (n/a) – –


Post-MBA salary, US$ – (n/a) – –

Percentage increase in salary – (n/a) – –

Principal recruiters of graduates Wal-Mart, SINTEC, CEMEX Central – –

Cost

Full-time MBA Part-time MBA OneMBAApplication fees US$138 US$138 US$138

Programme fees US$29,919 US$32,056-38,468 US$45,000



Accommodation costs (off campus, per year) – – –



Criteria on which aid is granted Academic record – –

Application details

Full-time MBA Part-time MBA OneMBAApplication deadline June 13th July 31st August 22nd

Programme dates Jul start, 17 months Sep start, 2.5–3 years Sep start, 21 months




Accreditation



“A huge network in the Latin America region.”

“Administrative support is the weakness.”


Strengths: human capital, strategy, marketing

Weakness: administration



interview; laptop


3 references; 3 essays; interview;

laptop; résumé; company support

letter


experience; GMAT; TOEFL; references;

essay; résumé


Part 2The directory


BackgroundEmory University’s Goizueta Business School’s main emphases are on business ethics, leadership and glo-bal business. It has close links with the local economy and the atmosphere is friendly, stressing local com-munity service and volunteer action by students. The school was founded in 1919 as the Emory University School of Economics and Business Administration and in 1994 was named after Roberto C Goizueta, chair-man and CEO of the Coca-Cola Company (also based in Atlanta) from 1981 until his death in 1997.

FacilitiesThe school is based on the main “street” of the Emory University campus and the facilities, which are shared with undergraduate business students, are excellent. Most students live off campus, where rent-ed apartments are easy to find and reasonably priced. Downtown Atlanta is only 15 minutes’ drive away. Full-time MBA Evening MBAStudent assessment of facilities 4.6 (5) –

FacultyNumber of faculty: 45 full-time, 15 part-time, 3 visiting Full-time MBA Evening MBANumber of faculty per student 0.3 (83) 0.5



Programme highlightsThe core curriculum for Goizueta’s two-year full-time MBA has been revamped for the autumn 2008 start. The number of required courses has been cut from 10 to eight, with two of those lasting less than a semester, to allow more time for electives. Executive lectures and personal development workshops (called “Goizueta Plus”) remain part of the core. Students take 11 elective courses (one of which must be an international course), which can be grouped into a concentration or taken across a broad range, including some from other Emory schools.

An accelerated one-year track is available for students with a first degree in business or economics or a strong quantitative background. The new curriculum will apply to this programme from the 2009 entry.

The part-time Evening MBA generally lasts three years (though, via a personalised design option, it can take as little as two or as much as five), with three semesters each year. Classes meet one or two evenings a week.

The Weekend Executive MBA last 16 months and classes are held on alternate weekends (Fridays and Saturdays, although a Thursday is sometimes added to this schedule) and there is a small distance-learning element. The programme ends with a ten-day international study tour.

The 20-month Modular Executive MBA has virtually the same curriculum as the Weekend programme. It is delivered via distance learning and nine on-campus modules.

Emory University—Goizueta Business School

Address:

1300 Clifton RoadAtlanta, GeorgiaUS30322

Tel:+1 404 727 8931

Fax:+1 404 712 9648


Website:www.goizueta.emory.edu

Programme director:J B Kurish





Part 2The directory

Emory University—Goizueta Business School

Full-time MBA Evening MBAStudent rating of programme 4.2 (46) –



Students

Full-time MBA Evening MBAAnnual intake 180 116







Average age 28 30



Full-time MBA Evening MBANumber of industry sectors that recruited graduates 8 (4) –






Principal recruiters of graduates A.T. Kearney, Bank of America, Deloitte –

Cost

Full-time MBA Evening MBAApplication fees US$150 US$150


Comments Per year Per semester






Application details

Full-time MBA Evening MBAApplication deadline February 1st March 1st

Programme dates Aug start, 22 months Sep start, 33 months




Accreditation



“The size, personalised attention, great culture, awesome fellow classmates and an environment that encourages you to take risks and step out of your comfort zone are Emory’s strengths.”

“Need to strengthen our brand beyond the Southeast.”


Strengths: finance, marketing, consulting

Weakness: brand recognition



2 references; 4 essays; interview


Part 2The directory


BackgroundESADE was set up by the Catalan business community and the Jesuits to teach management and law and promote a scientific and humanistic approach to management research and education. The school, which celebrated its 50th anniversary in 2007, has a long tradition of internationalism and pluralism. It mixes a rigorous academic approach to business with a commitment to social responsibility and business ethics, a common characteristic of Spanish business schools. The atmosphere is friendly and uncompetitive.

FacilitiesThe ESADE campus in Barcelona (it also has facilities in Madrid, Buenos Aires and Casablanca) is split between three buildings reasonably close to the city centre. MBA classes are based in an attractive and futuristic building erected in the 1990s (though some say it lacks practicality). MBA students share some facilities with undergraduates. There is no on-campus accommodation, but the school offers effec-tive help in navigating Barcelona’s complicated housing market. Most students share rented apartments and the lack of a campus means much group work goes on in students’ own homes. However, ESADE is developing a new campus outside Barcelona. Full-time MBAStudent assessment of facilities 4.3 (75)


Programme highlightsThe 18-month full-time programme, designed for career changers, is divided into five stages: general man-agement and business setting, integrating strategy with business functions; global management; a sum-mer section covering in-company experiences and other elements; and, in the six months of the second year, two stages that cover electives and specialisations or extensive exchange programme. The Leader-ship Assessment and Development Programme (LEAD) covers soft skills and personal development.

The programme starts with an orientation and a one-month introduction to basic business princi-ples. It is a bilingual programme, and students can choose between English and Spanish sections in their first academic year. By the beginning of stage five, all candidates are fluent enough in both lan-guages to choose electives given in either.

There is also an accelerated one-year full-time English-language MBA for students with an under-graduate degree in business, economics or engineering and significant work experience. The format is similar to the 18-month programme. ESADE also offers a part-time MBA, similar to the full-time version, and an Executive MBA in Barcelona and Madrid. Both are taught in Spanish though a reasonable level of business English is recommended.

ESADE Business School

Address:

Avenida Pedralbes 60-62BarcelonaSpain08034

Tel:+34 932 806 162

Fax:+34 932 048 105


Website:www.mba.esade.edu

Programme director:Olaya Garcia Lancha





Part 2The directory

ESADE Business School



Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 7 (53)Percentage of graduates in jobs 3 months after graduation 96 (35)Percentage of graduates finding jobs through careers services 86 (21)Student rating of careers service 4.6 (12)Post-MBA salary, US$ 95,263 (70)Percentage increase in salary 95 (36)Principal recruiters of graduates Novartis, Delta Partners Consulting Dubai, Everis Consulting

Cost Full-time MBAApplication fees US$166Programme fees US$67,244Comments Total programmeAccommodation costs (on campus, per year) n/aAccommodation costs (off campus, per year) US$33,384Financial aid available US$237,330Type of aid available ScholarshipsCriteria on which aid is granted Merit

Application details Full-time MBAApplication deadline July 11thProgramme dates Aug start, 18 monthsAdmission requirements First degree; at least 2 years’ work experience; references; 2 essays



Accreditation



“Course content is truly international, and so are participants. We’re exposed to such a wide variety of perspectives from all over the world.”

“There is a shortage of study space, and short opening hours.”


Strengths: social entrepreneurship, leadership, marketing



Part 2The directory


BackgroundThe University of Florida was established in 1853 and the College of Business Administration was found-ed in 1926. In January 2007 William R Hough, a graduate of Warrington’s first MBA class in 1948, made a US$30m endowment to graduate business programmes at the school. The endowment will be used to support teaching, academic programmes and enhancements in the graduate school of business, and to facilitate the construction of a new building, the Hough Graduate School, to house the graduate busi-ness programmes.

FacilitiesThe school is located on the 2,000-acre university campus in Gainesville, central Florida, between Orlan-do and Jacksonville. It is based in three buildings that house classrooms, faculty offices and student facilities, which are shared by students at the bachelor, masters’ and PhD levels. MBA facilities include a study lounge, a graduate business computer lab and laptop hook-ups in many common areas. Full-time Professional Executive Internet MBA MBA MBA MBAStudent assessment of facilities 4.4 (n/a) – – –

FacultyNumber of faculty: 100 full-time, 12 part-time, 7 visiting Full-time Professional Executive Internet MBA MBA MBA MBANumber of faculty per student 1.1 (n/a) 0.5 3.0 –

Percentage of faculty with PhD 96 (n/a) 96 96 96

Student rating of faculty 4.4 (n/a) – – –

Programme highlightsWarrington’s two-year full-time Traditional MBA divides semesters into two eight-week modules, includ-ing a week of exams. Students take 16 core courses (including soft skills courses) in the first year and nine electives plus a required strategy course in the second year. Electives are generally grouped into concentrations though students are also free to choose electives from all concentrations.

Students with any undergraduate degree (not just business) can opt to complete the programme in 12 months, effectively taking the core in May–August and then joining second-year students. Those with a business first degree may complete the programme in 9 months starting in June before joining second-year students.

The part-time MBA for Professionals programme is divided into seven 16-week terms, with students completing two courses per term. Classes meet on the university campus one Saturday and Sunday a month for 27 months. There is a 16-month version for students with an undergraduate business degree. Both versions are also offered in south Florida at the Bonaventure Resort and Spa in Fort Lauderdale.

The 20-month Executive MBA programme is divided into five four-month terms plus a one-week international study tour, and classes are taught on campus, Friday–Sunday, once a month.

Warrington’s Internet (Flexible) MBA was one of the first online MBA degrees to be offered by a fully accredited business school. The programme has a 27-month curriculum in which students meet on cam-pus for one weekend (Saturday and Sunday) at the end of each term (eight times). A 16-month Internet MBA for students with an undergraduate business degree is also available. Full-time Professional Executive Internet MBA MBA MBA MBAStudent rating of programme 4.2 (n/a) – – –

Number of overseas exchange programmes 38 (n/a) – – –

Number of languages on offer 6 (n/a) – – –

University of Florida—Hough Graduate School of Business

Address:

134 Bryan HallGainesvilleUS32611

Tel:+1 352 273 3255

Fax:+1 352 392 8791


Website:floridamba.ufl.edu

Programme director:Alex Sevilla



Part 2The directory

University of Florida—Hough Graduate School of Business

Students

Full-time Professional Executive Internet MBA MBA MBA MBAAnnual intake 96 255 40 –

Applicants:places 4:1 1:1 1:1 2:1

Percentage of women students 27 (n/a) 30 25 30

Percentage of foreign students 20 (n/a) 23 7 1

Average GMAT score 682 (n/a) 599 603 596

Average number of months’ work experience 40 (n/a) 56 144 67



Student rating of culture and classmates 4.2 (n/a) – – –


Full-time Professional Executive Internet MBA MBA MBA MBANumber of industry sectors that recruited graduates 5 (n/a) – – –

Percentage of graduates in jobs 3 months after graduation 96.1 (n/a) – – –

Percentage of graduates finding jobs 59.5 (n/a) – – –through careers services

Student rating of careers service 2.9 (n/a) – – –

Post-MBA salary, US$ 66,669 (n/a) – – –


Principal recruiters of graduates ExxonMobil, KPMG, Wachovia Bank – – –

Cost

Full-time Professional Executive Internet MBA MBA MBA MBAApplication fees US$30 US$30 US$30 US$30

Programme fees US$45,706 – US$40,000 –

Comments – Total – programme

Accommodation costs US$7,910 – – –(on campus, per year)

Accommodation costs US$8,330 – – –(off campus, per year)

Financial aid available – – – –

Type of aid available Assistantships, scholarships, loans – – –

Criteria on which aid is granted Merit – – –

Application details

Full-time Professional Executive Internet MBA MBA MBA MBA

Application deadline March 15th – July 31st December 31st

Programme dates Aug start, Jan start, Aug start, Jan start 21 months 16-27 months 20 months


Accreditation



“Excellent professors with an exceptional alumni network.”

“Careers services were the weakest link in the chain for UFMBA.”



Weakness: career services


work experience; TOEFL;

2 references; 2 essays;

interview; laptop



2 references; 2 essays;

interview; laptop


experience; TOEFL; references; 2 essays;

interview



2-year, out-of-state. U$10,471 (1-year in-state),

U$30,637 (1 year out-of-state), U$15,457 (2-year in-state)



references; 2 essays;

interview; laptop


Part 2The directory


BackgroundThe university was established in 1789 as the first Jesuit institution of higher learning in the US, although freedom of religious belief among students has always been a principle. The university says that the vision of its founder, John Carroll, still guides its commitment to Catholic, Jesuit education in the liberal arts tradition, with respect for diversity and open dialogue in the pursuit of truth.

The (undergraduate) School of Business was established in 1957 to pursue this tradition and grew out of what was originally part of Georgetown’s School of Foreign Service, hence its emphasis on glo-bal business. An MBA programme for full-time students was introduced in 1981, and an international executive MBA programme for professionals began in 1994. In 1998, the School of Business received a US$30m gift from Robert Emmett McDonough, a 1949 graduate of the School of Foreign Service, and the school was renamed in his honour.

FacilitiesThe MBA programme is housed in the McDonough Graduate Center, which occupies over 32,000 sq ft in the historic Car Barn (built in the late 19th century to store streetcars). It includes four case classrooms, a student lounge, a computer lab, group meeting rooms, the careers centre (with videoconferenc-ing facilities for long-distance interviews) and administrative offices. A new building is scheduled for completion in autumn 2008 and will be occupied in early 2009. The five-storey, 172,000 sq ft structure will include tiered classrooms and seminar space, conference rooms, team meeting rooms, quiet study space, an expanded careers management suite with recruiting rooms, a 350-seat auditorium, faculty offices and student common space. No on-campus accommodation is available for graduate students. Full-time Evening International MBA MBA Executive MBA Student assessment of facilities n/a (n/a) – –

FacultyNumber of faculty: 33 full-time, 13 part-time Full-time Evening International MBA MBA Executive MBA Number of faculty per student 0.2 (n/a) 0.4 0.9


Student rating of faculty n/a (n/a) – –

Programme highlightsMcDonough’s two-year full-time MBA focuses on general management with a strong emphasis on global business. The programme is divided into seven-week modules and is strongly integrative, with a team-centred approach. However, the core is generally traditional in design. Most of the second year is given over to electives with no requirement to opt for a concentration or specialisation. All students under-take a residency and team project overseas.

Students can also opt for an honours certificate in International Business Diplomacy (IBD) offered by McDonough and Georgetown’s School of Foreign Service as part of their MBA curriculum.

Classes in the three-year part-time MBA, the Evening Program, meet two evenings a week on cam-pus. Students take two courses at a time taught in six-week modules. The programme begins with a one-week orientation residency. Core courses are taken in the first two years and electives in the third. There are two other residencies in the first two years: a one-week international study tour and a “regional focus” held over two long weekends.

The International Executive MBA (IEMBA) consists of an 18-month sequence of courses and projects divided by four one-week periods of study, or residencies. Classes meet every other weekend, all day Friday and Saturday.

In 2008 McDonough is launching a Global Executive MBA programme as a joint venture with ESADE in Spain (see page 148).

Georgetown University—Robert Emmet McDonough School of Business

Address:

3520 Prospect Street NWSuite 215Washington, DCUS20057

Tel:+1 202 687 8509

Fax:+1 202 687 2017


Website:msb.georgetown.edu

Programme director:Jett Pihakis



Part 2The directory

Georgetown University—Robert Emmet McDonough School of Business

Full-time Evening International MBA MBA Executive MBA Student rating of programme n/a (n/a) – –



Students

Full-time Evening International MBA MBA Executive MBA Annual intake 264 105 51




Average GMAT score 677 (n/a) 665 620




Student rating of culture and classmates n/a (n/a) – –

Recruitment/careers service

Full-time Evening International MBA MBA Executive MBA Number of industry sectors that recruited graduates 8 (n/a) – –

Percentage of graduates in jobs 3 months after graduation n/a (n/a) – –


Student rating of careers service n/a (n/a) – –



Principal recruiters of graduates Citi, Booz Allen Hamilton, IBM – –

Cost

Full-time Evening International MBA MBA Executive MBA Application fees US$175 US$175 US$175






Type of aid available Scholarships, grants – –

Criteria on which aid is granted Discretion of admissions director – –

Application details

Full-time Evening International MBA MBA Executive MBA Application deadline April 25th April 11th 31st May



Accreditation



Strengths: international business, finance, strategy



interview; laptop




experience; TOEFL; references; 3 essays




Part 2The directory


BackgroundThe University of Georgia’s Terry College of Business began in 1912 as the School of Commerce and then became the College of Business Administration. In 1991 it was named after its benefactors, C Herman and Mary Virginia Terry. The college has a large undergraduate population but the MBA programme is relatively small, which encourages co-operation among students and allows easy access to faculty.

FacilitiesThe university campus is pleasant and MBA students are close to all university amenities. Computer, library and sports and leisure facilities are all excellent. Faculty and staff offices, including the MBA admissions office, careers services office, interview rooms and MBA lounge, are in the five-storey Brooks Hall. Most MBA classes are taught in Sanford Hall, a four-storey building next to Brooks Hall. Some classes are taught in nearby Caldwell Hall, which also houses the MBA computer lab. There are plans for a new business school complex near the existing site, with more student study rooms, team meeting rooms and other student amenities. Most students live off campus where accommodation is plentiful and reasonably cheap. Athens is a medium-sized university town and the school is close to a lively café and restaurant area. Full-time MBA Evening MBA Executive MBA Student assessment of facilities 4.0 (81) – –

FacultyNumber of faculty: 32 full-time, 2 part-time, 1 visiting Full-time MBA Evening MBA Executive MBA Number of faculty per student 0.7 (17) 0.4 0.5



Programme highlightsThe Terry MBA is fairly traditional in structure but with a strong emphasis on business leadership. The second year is largely given over to electives. Students may specialise, but there is no requirement to do so. Those with approved undergraduate degrees in business (from an institution accredited by AACSB International) can take an 11-month accelerated track, comprising a summer term and the second year.

The part-time Evening MBA programme is offered at George Gwinnett College in Atlanta and Terry’s Executive Education Center in Buckhead. It is typically completed in eight semesters although more time is allowed. Classes meet in the evenings during the 15-week spring and fall semesters and the ten-week sum-mer semester. There is a required outdoor team-building exercise and an optional overseas study trip.

The 18-month Executive MBA is held at Terry’s executive education centre in Atlanta’s Buckhead financial district. Two one-week sessions take place at Terry College of Business. At Buckhead the pro-gramme is divided into seven nine-week modules (three classroom sessions all day Friday and Saturday per module) with about half the programme delivered by distance learning between classes.

University of Georgia—Terry College of Business

Address:

335 Brooks HallAthens, GeorgiaUS30602

Fax:+1 706 542 1061


Website:www.terry.uga.edu/mba

Programme director:Peter Shedd





Part 2The directory

University of Georgia—Terry College of Business

Full-time MBA Evening MBA Executive MBA Student rating of programme 3.7 (>100) – –



Students

Full-time MBA Evening MBA Executive MBA Annual intake 45 99 66







Average age 27 31 36.4



Full-time MBA Evening MBA Executive MBA Number of industry sectors that recruited graduates 7 (72) – –



Student rating of careers service 2.9 (>100) – –



Principal recruiters of graduates The Home Depot, – – Bank of America, FedEx

Cost

Full-time MBA Evening MBA Executive MBA Application fees US$62 US$62 US$75

Programme fees US$27,036 US$650 US$65,000

Comments Per year Per credit Total programme



Financial aid available US$1.5m – –

Type of aid available Assistantships, scholarships, fee waivers – –

Criteria on which aid is granted GMAT, GPA – –

Application details

Full-time MBA Evening MBA Executive MBA Application deadline May 12th May 30th June 30th

Programme dates Aug start, 22 months Aug start, 33 months Sep start, 18 months


Accreditation



“The programme is solid, there are leadership opportunities and the international study choices are highly competitive and change a student’s global outlook.”

“Career Services were weak. Having a small class size is great for personal attention from the school but poor for attracting a large base of recruiters.”


Strengths: leadership development, insurance/real estate, accounting




interview; laptop


2 references; essay; interview


experience; TOEFL; references; 3 essays


Part 2The directory


BackgroundGlasgow’s business school is closely integrated with the university, which includes Adam Smith among its alumni. The school is made up of four departments within the faculty of law, business and social sci-ences: accounting and finance; management; economic and social history; and economics. The school has always had an international outlook and aims to build on this, as well as concentrating on research, an important area for the university as a whole.

FacilitiesThe school is based in the Gilbert Scott Building on the main university campus, where it has its own dedicated facilities for teaching and administration, including an IT lab. As postgraduate students, MBA students have access to all university services, including the extensive library, IT facilities and accommodation. Full-time MBA Part-time MBAStudent assessment of facilities 4.5 (21) –




Programme highlightsGlasgow’s one-year full-time MBA has been revamped so that the core integrates traditional function-based courses into three themed modules—Critical Enquiry, Strategy and Organisational Performance, and Strategic Foresight. This is followed by five electives chosen from around 30 offered. A personal development course, which includes an in-company project or short overseas exchange, runs through-out the programme. The programme ends with a research-based project and dissertation

The two-year part-time MBA has the same curriculum as the full-time programme, including elective summer schools. The project/dissertation is normally carried out within the student’s own organisation. Classes meet all day Friday and Saturday twice a month. There is considerable contact between the part-time and full-time programmes. Full-time MBA Part-time MBAStudent rating of programme 3.9 (96) –



University of Glasgow Business School

Address:

Gilbert Scott BuildingWest QuadrangleGlasgowUKG12 8QQ

Tel:+44 141 330 6924

Fax:+44 141 330 4939


Website:www.gla.ac.uk/postgraduate/

Programme director:Dr Iain Docherty


Open new career opportunities 92Diversity of recruiters 78Number in jobs three months after graduation n/aJobs found through the careers service 91Student assessment of careers service 81Personal development/educational experience 49Faculty quality 21Student quality 49Student diversity 65Education experience 47



Part 2The directory

University of Glasgow Business School

Students








Average age 31 33




Percentage of graduates in jobs 3 months after graduation n/a (n/a) –





Principal recruiters of graduates Morgan Stanley, Lloyds TSB, – Intermedical Technologies

Cost



Comments £16,000 (US$32,000) for non-EU students Per year




Type of aid available Scholarships, grants, bursaries, loans –

Criteria on which aid is granted Merit, nationality, need –

Application details

Full-time MBA Part-time MBAApplication deadline July 31st August 31st





Accreditation

✓ AMBA✕ EQUIS✓ AACSB International


“Strong researchers and excellent outlook to alternative models and critical and creative thinking.”

“Limited opportunities to network with local industry and alumni.”


Strengths: strategic change, international business, accounting and finance


First degree; at least 3 years’ work experience; IELTS;

references; essay

First degree; at least 3 years’ work experience; IELTS;

2 references; essay; interview


Part 2The directory


BackgroundThe Graduate School of Business (GSB) is one of three schools in the Grenoble Ecole de Management (the others are ESC Grenoble and Ecole de Management des Systèmes d’Information) and is effectively its global business school. It offers English-language programmes such as an MBA, a Master in Interna-tional Business and (confusingly) some undergraduate and diploma programmes. The school is highly international and has expanded rapidly in recent years, by, for example, hiring an increasing number of international faculty. The GSB has some 400 students from 40 different countries and the école has ten other campuses in Russia, Moldavia, Georgia, UK, Malta, Morocco, China, Serbia, Iran and Singapore.

FacilitiesThe modern, well-equipped main campus is in the centre of Grenoble’s business district. A large expan-sion and refurbishment was completed in 2005 and further expansion, including an eight-storey tower to house its increased faculty, opened in 2008. All students receive a laptop computer. There is no on-campus accommodation but the school helps students find housing. Full-time MBA Part-time MBAStudent assessment of facilities 3.8 (n/a) –

FacultyNumber of faculty: 23 full-time, 25 part-time Full-time MBA Part-time MBANumber of faculty per student 1.4 (n/a) 0.3



Programme highlightsGrenoble’s one-year full-time MBA is a fairly traditional European-style programme with a strong emphasis on internationalism and global management. Students take nine core courses in the first half and three elective modules grouped into one of seven specialisations in the second half and a one-week personal development seminar. They must also complete an individual in-company project, which includes a 25,000-word report, and a foreign-language module (French for non-speakers or another language for French-speakers). All teaching is in English.

The programme is also taught in an English-language two-year (30 months) part-time version. The curriculum is the same (including the project). Classes meet for one-week and weekend sessions.

The school also offers the MBA (with restricted specialisation options) in Georgia, Moldova, Russia and the UK (London). Full-time MBA Part-time MBAStudent rating of programme 4.0 (n/a) –



Grenoble Ecole de Management—Graduate School of Business

Address:

12 rue Pierre SémardBP 127Cedex 01GrenobleFrance38003

Tel:+33 4 7670 6187

Fax:+33 4 7670 6099


Website:www.ggsb.com

Programme director:Phil Eyre



Part 2The directory

Grenoble Ecole de Management—Graduate School of Business

Students





Average GMAT score 650 (n/a) –



Average age 31 33









Principal recruiters of graduates Hewlett-Packard, – Lexmark International, Alstom

Cost

Full-time MBA Part-time MBAApplication fees €75 (US$103) €75 (US$103)

Programme fees €23,000 (US$31,507) €23,000 (US$31,507)

Comments Numerous scholarships available Self-sponsored. €25,000 if company-sponsored



Financial aid available €73,400 (US$100,548) –



Application details

Full-time MBA Part-time MBAApplication deadline June 9th June 9th





Accreditation



“Very good teaching faculty with an international outlook.”

“The careers service is not always very well targeted.”


Strengths: technology and innovation, strategic management, international business


First degree; at least 3 years’ work experience; TOEFL, TOEICS, IELTS,

GGSB or Cambridge English Test; references; 3 essays; interview

First degree; at least 3 years’ work experience; TOEFL, TOEICS, IELTS,

GGSB or Cambridge English Test; 2 references; 3 essays; interview;

laptop;


Part 2The directory


BackgroundCelebrating its 100th anniversary in 2008, Harvard Business School combines academic excellence, the pick of the brightest students, a commitment to the case method (it provides most of the case studies used in other business schools), hefty financial assistance and a superbly equipped 35-acre campus. HBS remains the gold standard of business schools. While some may carp, none has been able to match its instant global brand recognition.

FacilitiesHBS is based on the Boston side of the Charles River, opposite Harvard University, in Cambridge, MA. The business school campus is large (over 30 buildings) but it is also compact, with a mix of traditional American academic architecture and more modern buildings. Facilities are excellent. On-campus accom-modation or university housing is available and more than 80% of students use it. Full-time MBAStudent assessment of facilities 4.7 (4)

FacultyNumber of faculty: 205 full-time, 26 part-time, 6 visiting Full-time MBANumber of faculty per student 0.2 (>100)Percentage of faculty with PhD 92 (45)Student rating of faculty 4.6 (12)

Programme highlightsHBS only offers a full-time MBA programme and requires students to have an understanding of account-ing, finance and quantitative methods before joining and some may be asked to take additional courses before arriving at the school or attend the on-campus Analytics Programme or pre-MBA International Programme.

The two-year programme proper launches straight into the 11-course required curriculum, or core, which takes up the first year. In the first term the emphasis is on the internal functioning of an enter-prise and in the second on its relations with external factors, such as economic, governmental and social environments. In the second year students take up to ten electives. These do not have to be grouped into concentrations and some can be taken in other parts of Harvard University. During their second year, most students also opt to undertake team projects.

HBS has introduced the new “2+2” programme. College (university) students can apply for admis-sion to the MBA programme in their penultimate undergraduate year. If accepted they are guaranteed an MBA place but must first complete two years of work experience.

Harvard Business School

Address:

Soldiers FieldBoston, MassachusettsUS02163

Tel:+1 617 495 6157

Fax:+1 617 496 8180


Website:www.hbs.edu/mba/

Programme director:Joseph Badaracco





Part 2The directory

Harvard Business School

Full-time MBAStudent rating of programme 4.4 (23)Number of overseas exchange programmes 0 (>100)Number of languages on offer 6 (65)

Students Full-time MBAAnnual intake 901Applicants:places 8:1Percentage of women students 36 (19)Percentage of foreign students 33 (88)Average GMAT score 713 (4)Average number of months’ work experience 48 (89)Age range of students –Average age 27Student rating of culture and classmates 4.6 (13)

Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 97 (23)Percentage of graduates finding jobs through careers services – (n/a)Student rating of careers service 3.8 (35)Post-MBA salary, US$ 115,000 (15)Percentage increase in salary 111 (20)Principal recruiters of graduates –

Cost Full-time MBAApplication fees US$235Programme fees US$43,800Comments Per yearAccommodation costs (on campus, per year) US$26,320Accommodation costs (off campus, per year) –Financial aid available –Type of aid available Fellowships, federal loans, private loansCriteria on which aid is granted Needs-based

Application details Full-time MBAApplication deadline March 11thProgramme dates Sep start, 18 monthsAdmission requirements First degree; TOEFL; references; 5 essays



Accreditation



Part 2The directory


BackgroundHEC Montréal, founded in 1907, was Canada’s first management school. It is a big, full-range school with around 12,000 students, some 250 faculty and 50,000 alumni. Based in Quebec Province, HEC is strongly French-Canadian, but also highly international. It has exchange partnerships with 76 universi-ties and major management schools in 29 countries and offers courses and programmes in English and Spanish as well as French. It also has strong links with local and international business. The school says its strategic vision is to remain in the international forefront in all management disciplines by combin-ing tradition and innovation.

FacilitiesHEC has several sites and facilities around Montreal, but the main base is the Côte-Sainte-Catherine Building, built in 1996. This is large and well-equipped, with a comprehensive bilingual business library and a trading room. Montreal is a cosmopolitan and lively city. Full-time MBAStudent assessment of facilities 4.6 (n/a)


Programme highlightsHEC refers to the one-year full-time MBA as the MBA Intensive to distinguish it from the part-time ver-sions (called MBA in Action). The programme begins with optional pre-programme courses in statistics and mathematics. It is divided into four phases: the role of the manager and business fundamentals; management of operational and strategic issues; acquiring a distinctive skill (12 elective courses and including an in-company team project); and corporate social and environmental responsibility (an opportunity to discuss contemporary issues). Phases 1, 2 and 4 make up the core. The programme can be studied either entirely in English or entirely in French.

The MBA is also offered in two part-time versions, evenings or weekends, but these are taught only in French.

From September 2008 HEC Montréal is launching a joint Executive MBA with neighbouring McGill (see page 202). The programme lasts a short 11 months with classes meeting for long weekends (Thurs-day through Sunday) once a month, plus some residential weeks. In addition to class meetings, partici-pants can expect to spend 6-10 hours per week on papers and assignments. Full-time MBAStudent rating of programme 4.2 (n/a)Number of overseas exchange programmes 12 (n/a)Number of languages on offer 4 (n/a)

HEC Montréal

Address:

3000 chemin de la Côte Ste-CatherineMontreal QCCanadaH3T 3A7

Tel:+1 514 340 6633

Fax:+1 514 340 6688


Website:www.hec.ca/en/programs/mba

Programme director:Dr Jean Talbot



Part 2The directory

HEC Montréal


Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 6 (n/a)Percentage of graduates in jobs 3 months after graduation 74 (n/a)Percentage of graduates finding jobs through careers services 28 (n/a)Student rating of careers service 3.9 (n/a)Post-MBA salary, US$ 65,047 (n/a)Percentage increase in salary 32 (n/a)Principal recruiters of graduates Bombardier, RBC Financial Group, Deloitte

Cost Full-time MBAApplication fees C$75 (US$70)Programme fees C$5,800 (US$5,421)Comments –Accommodation costs (on campus, per year) –Accommodation costs (off campus, per year) -Financial aid available –Type of aid available ScholarshipsCriteria on which aid is granted Merit

Application details Full-time MBAApplication deadline February 1stProgramme dates Aug start, 12 monthsAdmission requirements First degree; at least 3 years’ work experience; TOEFL; references; essay; interview; laptop



Accreditation



“Best bang for the buck.”

“Lack of alumni networking events or support.”


Strengths: general management, finance, information technologies



Part 2The directory


BackgroundHEC School of Management, founded by the Paris Chamber of Commerce and Industry in 1881, is a lead-ing French business school and a real global player with excellent international contacts and reputa-tion. Increasing numbers of MBA and grande école students and faculty come from outside France. Even so, the school wants to maintain its French culture, and the French language, for example, is a key element of the MBA programme. French employers and students consider the school among the best in the country and entry is tough.

FacilitiesThe large, modern, 10-hectare campus is close to Versailles, about 20 km from central Paris. Facilities are excellent and include a fully-equipped gym, sports fields and a nearby golf course. Most MBA stu-dents live in a new dedicated building, with 177 individual rooms and 24 apartments reserved for coup-les and families. Facilities include meeting rooms, lounge, gym and reserved parking. The surrounding Plateau de Saclay area is a centre for leading scientific research and teaching establishments. Full-time MBA Part-time MBAStudent assessment of facilities 3.9 (101) –

FacultyNumber of faculty: 39 full-time, 11 part-time, 14 visiting Full-time MBA Part-time MBANumber of faculty per student 0.3 (80) 13



Programme highlightsHEC’s 16-month full-time MBA is divided into two eight-month phases. During the first “core” phase, students concentrate on basic management skills and concepts. The second “personalised” phase offers a choice of electives organised into different tracks such as finance, marketing and consulting or cross-disciplinary approaches. Personal development and soft-skills courses run throughout the programme. Students are organised into small work groups. The core is taught in bilingual English/French or Eng-lish-only classes. Courses in the elective phase may be taught in either language. Non-French-speaking students must study French.

HEC has recently launched a part-time MBA. This is similar to the full-time curriculum but offers con-siderable flexibility in content and format. It typically takes 24 months to complete.

HEC has also launched an EMBA offered in various formats and languages in Paris, Nice, Beijing and St Petersburg. It also participates in the Trium Executive MBA, a joint programme with London School of Economics and New York University’s Stern School of Business (see page 228).

HEC School of Management, Paris

Address:

3 Square BugeaudLe ChesnayFrance78150

Tel:+33 623 716 311


Website:www.mba.hec.edu

Programme director:Dr Valérie Gauthier


Open new career opportunities 79Diversity of recruiters 53Number in jobs three months after graduation >100Jobs found through the careers service 57Student assessment of careers service 78Personal development/educational experience 52Faculty quality 95Student quality 53Student diversity 25Education experience 40



Part 2The directory

HEC School of Management, Paris

Full-time MBA Part-time MBAStudent rating of programme 4.4 (24) –



Students

Full-time MBA Part-time MBAAnnual intake 190 –

Applicants:places 5:1 –

Percentage of women students 29 (75) –





Average age 29 29









Principal recruiters of graduates BNP Paribas, Citi, LVMH –

Cost



Comments – –

Accommodation costs (on campus, per year) €8,800 (US$12,055) –


Financial aid available €990,000 (US$1.4m) –



Application details

Full-time MBA Part-time MBAApplication deadline May 26th May 26th





Accreditation



“I would recommend this programme because of the international mix, the reputation and the quality of interactions leading to personal enrichment.”

“Not as many companies coming to campus to interview candidates as in many other top business schools.”


Strengths: leadership, finance, strategy


First degree; at least 3 years’ work experience; TOEFL or

TOEIC; references; 4 essays

First degree; work experience; TOEFL; 2 references; essays;

interview


Part 2The directory


BackgroundIn early 2008 Henley Management College, the first business school to be established in the UK and set up by business leaders in 1945, announced plans to merge with the nearby University of Reading. The merger has been agreed in principle and is likely to take place in late 2008 – early 2009. The main rationale is Henley’s need for access to additional resources, particularly finance (it is virtually depend-ent on income from tuition). But Reading also offers a strong research base, particularly in areas such as agriculture and climate change. Although not that well known, it also has a good business school with a strong undergraduate element that apparently will become part of the new Henley Business School at the University of Reading. It seems likely that executive education (Henley’s strong suit) and the EMBA will stay on the Henley campus but that the full-time MBA may move to the Reading campus, which is planning to open a new building in 2009, allowing an increase in the size of the intake.

FacilitiesThe college is on a large estate in a superb setting bordering the River Thames, close to the start of the famous summer Henley Regatta rowing festival. The facilities, housed in a stately home and a modern build-ing, are very good and include 112 en-suite study bedrooms, a restaurant and a bar. As mentioned above, the University of Reading business school is planning a new £30 million building, due to open in 2009. Full-time MBA Executive MBA Global Distance Learning MBAStudent assessment of facilities 4.0 (70) – –

FacultyNumber of faculty: 20 full-time, 8 part-time Full-time MBA Executive MBA Global Distance Learning MBANumber of faculty per student 1.0 (2) 0.9 9.3



Programme highlightsAll of Henley’s MBAs follow the same curriculum and structure. This means there is scope for students to switch from one programme to another if their circumstances change. Part 1 of the programme, Manag-ing the Organisation, includes management, managing people and performance, managing processes, systems and projects, and managing financial resources. Part 2, Making Business Choices, covers the global business environment, strategic marketing, corporate finance and governance, strategic direc-tion and one elective. Part 3, Making a Difference, covers two required courses—leadership and change and reputation and relationships, a second elective and a research-based consultancy project. Personal development courses run throughout the programme. The two-year Executive Modular MBA features a combination of 18 modules and workshops varying from two to six days in length. Students undertake a one-week international study trip in the first year and a one-week European study trip in the second

Henley Management College

Address:

GreenlandsHenley-on-ThamesOxonUnited KingdomRG9 3AU

Tel:+44 1491 418 740

Fax:+44 1491 418 899


Website:www.henleymc.ac.uk

Programme director:Marc Day


Open new career opportunities >100Diversity of recruiters 93Number in jobs three months after graduation >100Jobs found through the careers service 65Student assessment of careers service 86Personal development/educational experience 1Faculty quality 1Student quality 1Student diversity >100Education experience >100



Part 2The directory

Henley Management College

year. They maintain contact outside residential modules via Henley’s e-learning system. The Distance Learning MBA typically takes three years to complete. Students attend a residential weekend at Henley at the start of the programme and a residential module either at Henley or at partner institutions approximately every six months. Henley has more or less abandoned paper (except for textbooks), and the programme is delivered by a mixture of CDs and impressive online learning support. The school also offers company, consortium and specialised MBAs that are not detailed here. Full-time MBA Executive MBA Global Distance Learning MBAStudent rating of programme 4.2 (26) – –



Students Full-time MBA Executive MBA Global Distance Learning MBAAnnual intake 24 32 –


Percentage of women students 13 (>100) 29 27







Recruiters/careers service Full-time MBA Executive MBA Global Distance Learning MBANumber of industry sectors that recruited graduates 6 (93) – –

Percentage of graduates in jobs 3 months after graduation 45 (>100) – –





Principal recruiters of graduates IBM, Deloitte, Standard Chartered – –

Cost Full-time MBA Executive MBA Global Distance Learning MBAApplication fees n/a n/a n/a


Comments Total programme Total programme, additional Total programme £800 for study trips


Accommodation costs (off campus, per year) £7,200 (US$14,400) – –



Criteria on which aid is granted Diversity of applicant, essay-based competition – –

Application details Full-time MBA Executive MBA Global Distance Learning MBAApplication deadline December 1st August 11th January 15th

Programme dates Jan start, 12 months Sep start, 24 months Jan start, 36 months




Accreditation



“It is a fantastic environment in which to learn, physically as well as high faculty to student ratio and small learning group.”

“The careers service make less use of the alumni and corporate network than I expected. A missed opportunity, easily corrected I feel.”


Strengths: reputation and relationships, leadership, strategy



references; essay; selection day also involves a group exercise


2 references; essay; interview; laptop; selection day also includes a group exercise


IELTS; 2 references; laptop


Part 2The directory


BackgroundThe University of Hong Kong (HKU) business school was created in 1995 by merging the former depart-ment of management studies (which mainly taught undergraduate degrees) and the old business school (master’s degrees and executive education) with the aim of developing Asian business education. It is part of the university’s Faculty of Business and Economics. The school has strong research expertise in Asia and Australasia and, through the Poon Kam Kai Institute, its consulting arm, good links with local and international industry.

FacilitiesThe school is housed in the K K Leung building on the main university campus on Hong Kong Island, not far from the main business district. But MBA programmes are taught at the downtown campus at the Admiralty Centre, opened in 1989, in the heart of the business community. Full-time MBA Part-time MBAStudent assessment of facilities 4.3 (42) –




Programme highlightsThe full-time HKU MBA is run in partnership with London Business School (see page 198). The curriculum includes 12 core courses, four electives taken at LBS, one required capstone course and two executive workshops. Core courses are taken during the first three terms and then students join the summer term (April-June) of the LBS full-time MBA programme for electives. They return to Hong Kong for a required capstone course from July to August, which may involve a business field trip to China in early July. A similar arrangement exists with Columbia Business School (see page 124).

The part-time MBA lasts a minimum of two academic years and a maximum of four. Students take five core courses, four theme courses, seven electives, one capstone course and two executive workshops. Courses are taught in modules of 5–7 weeks followed by examinations. Classes meet two or three week-day evenings at HKU’s downtown site and on Saturday afternoons on campus.

The MBA is also offered in conjunction with the School of Management of Fudan University in Shang-hai. Some transfer between programmes is available. Full-time MBA Part-time MBAStudent rating of programme 4.1 (60) –



University of Hong Kong—School of Business

Address:

Room 733, Meng Wah ComplexFaculty of Business and EconomicsThe University of Hong KongPokfulam RoadHong Kong

Tel:+852 2859 1082


Website:www.mba.hku.hk

Programme director:Chris Chan





Part 2The directory

University of Hong Kong—School of Business

Students








Average age 28 35







Post-MBA salary, US$ 57,727 (>100) –


Principal recruiters of graduates Goldman Sachs, Deutsche Bank, BNP Paribas –

Cost









Application details

Full-time MBA Part-time MBAApplication deadline May 31st June 30th

Programme dates Jul start, 14 months Sep start, 24 months




Accreditation



“Great diversity. It’s a joint program with LBS, it’s Asia-focused and it can offer us real international knowledge and vision.”

“The career service is a little too focused on finance.”


Strengths: China-focused business, business strategy, and Asian entrepreneurship



references; essay; interview


TOEFL; 2 references; essay; interview; laptop


Part 2The directory


BackgroundThe School of Business and Management at Hong Kong University of Science and Technology (HKUST) was founded in 1991 with help from the Anderson School at UCLA in the US (the university was founded at the same time). Although the school stresses its regional expertise, it has always wanted to be seen as a mainstream international business school, an ambition it is heading towards fulfilling. HKUST is highly specialised. It has only four schools: Business and Management (which enrols almost 40% of the university’s undergraduate students and approximately 30% of its postgraduate students); Science; Engineering; and Humanities and Social Sciences (which largely supports the others by offering, for example, language courses).

FacilitiesHKUST’s campus is spectacularly sited above Clearwater Bay, about 30 minutes’ drive from downtown Hong Kong. Library and computer facilities are excellent. The technological bias of the university means that students have access to an impressive range of laboratories and design equipment, including an operations management simulation laboratory and a behavioural laboratory. On-campus accommoda-tion is available. Full-time MBA Part-time MBAStudent assessment of facilities 4.9 (3) –




Programme highlightsHKUST’s full-time programme can be completed in either 12 or 16 months: the 12-month version requires summer study and is aimed at students with extensive work experience and international expo-sure; the 16-month version allows a summer internship and an exchange. The programme consists of required core courses and electives, which split about 60:40. Concentrations in China business, finan-cial services, and IT management are available but not required.

Courses for the part-time programme (which is usually completed in two years) are identical to the full-time version. Classes are mainly held on campus on Saturdays. HKUST also runs the part-time MBA programme in Shenzhen in mainland China.

The Executive MBA is offered jointly with Northwestern University’s Kellogg School of Management (see page 232), and half of the courses are taught by Kellogg faculty. The degree is awarded jointly by both universities. It lasts 16 months and participants meet twice a month (Friday midday–Sunday evening), staying on the HKUST campus. There are two residential sessions, the first for one week at at HKUST and the second for two weeks at Kellogg.

Hong Kong University of Science and Technology— School of Business and Management

Address:

5/F., AnnexClearwater BayKowloonHong Kong, China

Tel:+852 2358 8487

Fax:+852 2705 9596


Website:www.mba.ust.hk

Programme director:Steven DeKrey





Part 2The directory

Hong Kong University of Science and Technology—School of Business and Management

The school also runs a 15-month International EMBA with sessions in Hong Kong, Beijing, Hainan and Shenzhen. Full-time MBA Part-time MBAStudent rating of programme 4.9 (8) –



Students








Average age 28 30









Principal recruiters of graduates HSBC, Macquarie, Monitor –

Cost







Type of aid available Scholarship –

Criteria on which aid is granted Financial needs, merit –

Application details

Full-time MBA Part-time MBAApplication deadline March 12th March 5th

Programme dates Aug start, 12 or 16 months Aug start, 24 months




Accreditation



“There is a clear emphasis on Asian businesses with case studies and examples galore.”

“Great in finance, but can be weak in other areas.”


Strengths: China business, finance, information technology management

Weakness: can be very finance-focused

First degree; at least 1 year’s work experience; TOEFL; references; essays


TOEFL; 2 references; essays; interview


Part 2The directory


BackgroundHult is the successor to the former Arthur D Little School of Management, which began in 1964. The school is now financially supported by EF Education, a large privately owned education organisation. (The school was renamed in 2003 after Bertil Hult, EF’s founder, who started the business in 1965 teach-ing Swedish children to speak English.) However, Hult largely continues with the old ADL approach, particularly the tradition of educating overseas business leaders (over 90% of students are from outside the US) and the tight, action-learning curriculum that emphasises practical skills that students can use immediately after graduation.

In 2008 Hult will begin offering its MBA programme in Dubai Academic City. Hult claims to be the first international business school to offer a one-year MBA programme to students across the Middle East.

FacilitiesHult is located on the banks of the Charles River close to MIT (see page 212) and within walking distance of the Boston financial district. Facilities are modern and good. They include amphitheatre classrooms, 18 team rooms, computer lab, conference facilities, gym facilities, a bar and lounge, and a restaurant. Hult’s Dubai facility is located in Dubai Academic City (DAC), a development exclusively for universities, colleges and institutions of higher education and learning. The school is equipped with excellent mod-ern facilities, including wireless Internet access, amphitheatre-style classrooms, a computer centre and student breakout rooms. Hult’s satellite campus in Shanghai, where some MBA electives are offered, is based in the centre of the city. Full-time MBAStudent assessment of facilities 4.4 (79)

FacultyNumber of faculty: 23 full-time, 20 part-time, 2 visiting Full-time MBANumber of faculty per student 0.3 (97)Percentage of faculty with PhD 57 (>100)Student rating of faculty 4.5 (43)

Programme highlightsHult’s one-year full-time MBA starts with a four-week “MBA Toolbox” session, more an introduction to the rigours of an MBA programme than an induction. The programme proper is modular, based on three modules that supposedly follow the growth of a business: fundamentals; integration; and global appli-cation. Teaching methods include case studies, lectures, exercises, simulations and a project. There is a strong emphasis on action-learning techniques. The core is covered in the first two modules, with the third given over to four electives, two of which may be chosen from the MBA or MS Finance course at Boston College’s Carroll School of Management studied at Hult’s Dubai or Shanghai campuses, and a consulting project. Participants may also elect to design a directed study with a faculty sponsor to focus on an area of particular interest.

Hult International Business School

Address:

1 Education StreetCambridgeMassachusettsUS02141

Tel:+1 852 2158 2937

Fax:+1 852 2111 9551


Website:www.hult.edu

Programme director:Dr Richard Joseph





Part 2The directory

Hult International Business School

The full programme is also to be offered at the new Dubai campus. Full-time MBAStudent rating of programme 4.4 (33)Number of overseas exchange programmes 420 (29)Number of languages on offer 6 (5)


Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (48)Percentage of graduates in jobs 3 months after graduation 85 (86)Percentage of graduates finding jobs through careers services 80 (15)Student rating of careers service 3.7 (68)Post-MBA salary, US$ 92,073 (59)Percentage increase in salary 250 (1)Principal recruiters of graduates EF Education, Johnson & Johnson, Proctor & Gamble

Cost Full-time MBAApplication fees US$150Programme fees US$42,780Comments –Accommodation costs (on campus, per year) –Accommodation costs (off campus, per year) US$15,000Financial aid available US$8.9mType of aid available Scholarships, fellowships, loansCriteria on which aid is granted Merit, need

Application details Full-time MBAApplication deadline June 30thProgramme dates Sep start, 12 monthsAdmission requirements First degree; at least 3 years’ work experience; TOEFL or IELTS; references; essay; interview; laptop



Accreditation



“The faculty have experience in the real world and bring practical knowledge. The content is exceptional and very international, helping to understand nuances of the global business environment.”

“Due to the change of the school name, it is not that well known. Thus they need to put more effort in building its reputation.”


Strengths: global management, strategy, consulting

Weakness: still a relatively little-known brand


Part 2The directory


BackgroundInstituto de Empresa (IE) is a fast-growing private academic institution set up in 1973 by business lead-ers and academics. It has expanded its faculty rapidly in recent years and continues to do so. As well as having strong links with Latin America, IE is rapidly expanding its global reach. It also has good links with industry with a commitment to pragmatic business-relevance research and in-company training. Like many other schools in Spain, IE is a strong advocate of the case method and group work and the MBA is a high-pressure programme.

FacilitiesThe school is based in an urban campus of 17 buildings in the Barrio de Salamanca, where facilities are extensive and well equipped. The main library is in a recently opened building that operates as the nerve centre of IE’s electronic information system, an increasingly important part of its operations. The virtual library is also managed from this building. There is no on-campus accommodation. Full-time MBA Executive MBA International Executive MBA/Global MBAStudent assessment of facilities 4.5 (25) – –

FacultyNumber of faculty: 88 full-time, 200 part-time, 41 visiting Full-time MBA Executive MBA International Executive MBA/Global MBANumber of faculty per student 0.7 (48) 1.0 –



Programme highlightsIE’s full-time International MBA lasts 13 months and is offered in English and Spanish versions. The programme introduces students to entrepreneurial studies, an important element of IE’s approach. The ACCELERATE programme, a series of workshops and teaching modules on leadership, communication, team building and career management, runs throughout the core. The final part of the programme con-sists of electives, projects and/or an exchange programme.

IE’s International Executive MBA also lasts 13 months. There are three intensive two-week residen-tial periods in Madrid and Shanghai and two six-month online periods. The online sessions take place between the three planned residential periods. The programme is also offered in a bi-weekly format with classes held on campus every other weekend.

The school also offers a Spanish-language MBA (part-time and Executive). IE’s Global MBA is an innovative online programme that mixes online discussion groups, live web-

based lectures and the widespread use of webcams, e-mail, blogs and other Internet-based tools to keep students and faculty in touch. The programme is offered in both English and Spanish and lasts 18 months.

IE Business School

Address:

María de Molina, 11, 13, 15MadridSpain28006

Tel:+34 629 165 306

Fax:+34 917 452 147


Website:www.ie.edu

Programme director:Camino de Paz





Part 2The directory

IE Business School

Full-time MBA Executive MBA International Executive MBA/Global MBAStudent rating of programme 4.6 (3) – –



Students Full-time MBA Executive MBA International Executive MBA/Global MBAAnnual intake 286 343 50









Recruiters/careers service Full-time Executive International MBA MBA Executive MBA/Global MBANumber of industry sectors that recruited graduates 8 (4) – –






Principal recruiters of graduates KPMG, Johnson & Johnson, Landwell – –

Cost Full-time MBA Executive MBA International Executive MBA/Global MBAApplication fees €120 (US$164) €120 (US$164) €120 (US$164)





Financial aid available €7.2m (US$9.9m) – –



Application details Full-time MBA Executive MBA International Executive MBA/Global MBAApplication deadline – – –

Programme dates Nov start, 13 months Oct start, 10 months Sep start, 13/18 months




Accreditation



“They stress entrepreneurship, but I believe the main strength is strategic management.”

“Too many people for the size of the facilities of the school.”


Strengths: entrepreneurship, strategy, general management

Weakness: the school is starting to outgrow its facilities

€52,100 (US$71,370) International Executive MBA;

€36,100 (US$49,452) Global MBA


experience; GMAT; TOEFL; references; essay


experience; interview; laptop

First degree; at least 3-6 years’ work experience;



Part 2The directory


BackgroundIESE Business School is one of Europe’s oldest management education institutions (founded in 1958). It has growing alliances in key areas such as Latin America, China and Eastern Europe. IESE is increas-ingly a two-campus school, with expansion at its campus just outside Madrid, the Spanish capital, and in Barcelona, where the full-time MBA is based.

IESE, like its parent university, Navarra, is an institution of Opus Dei, a personal prelature of the Catholic Church founded in 1928. Opus Dei promotes the pursuit of “personal holiness through work, family and social life”. But there is no proselytising and the atmosphere is the same as at any modern business school. However, the link does inform a strong commitment to ethics in business.

FacilitiesThe MBA is taught at the small, attractive Barcelona campus in the leafy, largely residential, Pedralbes suburb. Library and other facilities are excellent. IESE recently doubled the size of its existing campus in Barcelona with the acquisition of an adjacent property and has built a large and spectacular six- storey Executive Education Center, which opened in 2006. The building frees up space for MBA students in the original complex. There are no sports facilities or on-campus accommodation, but both are readily avail-able in the city, one of the most attractive of the Mediterranean. Full-time MBA Global Executive MBAStudent assessment of facilities 4.1 (81) –

FacultyNumber of faculty: 96 full-time, 45 part-time, 9 visiting Full-time MBA Global Executive MBANumber of faculty per student 0.6 (63) 3.6



Programme highlightsIESE’s 19-month full-time MBA is a traditional and rigorous general management programme based entirely on the case method. Group working is widespread and groups are set up to be as diverse as possible. Students take 21 core courses in the first year (including business Spanish) and 12 electives in the second year. The first year is split into English or English/Spanish streams. Second-year students are expected to take elective classes in both languages. The summer is spent in a company internship.

The Global Executive MBA centres on seven two-week residential learning modules: four at IESE in Barcelona, one at IESE’s Madrid campus, one in Shanghai and one in Silicon Valley. Each module is sep-arated by an eight-week period during which participants continue to learn and maintain contact with each other online. The programme is also offered in a slightly longer 22-month format that involves six one-week modules. IESE also offers a bilingual two-year Executive MBA at its Madrid and Barcelona campuses.

IESE Business School—University of Navarra

Address:

Av. Pearson, 21BarcelonaSpain08034

Tel:+34 93 253 4200

Fax:+34 93 253 4343


Website:www.mba.iese.edu

Programme director:Luis Palencia





Part 2The directory

IESE Business School—University of Navarra

Full-time MBA Global Executive MBAStudent rating of programme 4.4 (17) –



Students

Full-time MBA Global Executive MBAAnnual intake 210 42







Average age 28 37


Recruiters/career services

Full-time MBA Global Executive MBANumber of industry sectors that recruited graduates 8 (4) –






Principal recruiters of graduates Santander, – Boston Consulting Group, Citi

Cost

Full-time MBA Global Executive MBAApplication fees €130 (US$178) €130 (US$178)


Comments – –

Accommodation costs (on campus, per year) n/a –

Accommodation costs (off campus, per year) €7,600 (US$10,411) –


Type of aid available Loans, scholarships –


Application details

Full-time MBA Global Executive MBAApplication deadline June 17th Rolling admissions

Programme dates Sep start, 19 months May start, 16 months




Accreditation



“General management is its strength. The school provides a curriculum that gives a person a great view of business from operations to finance to strategy.”

“Job placements outside of Europe is still a work-in-progress.”


Strengths: general management, strategy and entrepreneurship

Weakness: careers services can be too focused on traditional markets and sectors

First degree; work experience; TOEFL; references; 7 essays

First degree; at least 7 years years’ work experience;



Part 2The directory


BackgroundThe College of Business at the University of Illinois is a big, full-range school with more than 3,000 undergraduates, some 850 MBA, masters’ and doctoral students and over 48,000 alumni. Both the col-lege and the university are well known for information technology and the college is promoting entre-preneurship and new ventures.

FacilitiesThe school is based in two buildings, Commerce West and David Kinley Hall, and facilities are good. It has a high reputation for computer education and research, and the Office for Information Management provides exceptional computer facilities. The university offers good sports and recreational amenities and on-campus accommodation is available. Construction of a new US$65m facility designed by Cesar Pelli is expected to be completed in autumn 2008. It will provide more private study and recruitment areas for students along with new classrooms and common spaces. Full-time MBA The Executive MBAStudent assessment of facilities 3.9 (89) –

FacultyNumber of faculty: 33 full-time, 4 part-time, 7 visiting Full-time MBA The Executive MBANumber of faculty per student 0.4 (67) 0.9



Programme highlightsIn the first year of Illinois’ two-year full-time MBA students take required core courses grouped into: foundations of business; principles and processes of management; and topics in management. For one week of each semester students participate in the applied business perspectives seminar, a com-petitive team simulation. An executive-speaker series runs throughout the first semester. In the second year students gear course selection to their career objectives. They must take one concentration from finance, marketing, information technology management, operations management and general man-agement. In addition students take free electives or a second concentration.

The 30-month part-time Evening MBA for Working Professionals was launched in January 2006. The curriculum is similar to the full-time programme. Classes are held two evenings a week on campus. There is a two-month break in July and August each year.

Classes in the 20-month (including a one-month break) Executive MBA programme are held on alternate weekends (Fridays and Saturdays). There are two one-week residential on-campus sessions (all other classes are held in downtown Chicago) and a required international study trip.

University of Illinois at Urbana-Champaign—College of Business

Address:

1407 West Gregory Drive415 David Kinley Hall, MC 706Urbana, ILUS61801

Tel:+1 217 244 8019

Fax:+1 217 333 1156


Website:www.mba.uiuc.edu

Programme director:

Nickolas Petruzzi


Open new career opportunities 77Diversity of recruiters 90Number in jobs three months after graduation 22Jobs found through the careers service n/aStudent assessment of careers service 97Personal development/educational experience 75Faculty quality 16Student quality >100Student diversity 79Education experience 25



Part 2The directory

University of Illinois at Urbana-Champaign—College of Business

Full-time MBA The Executive MBAStudent rating of programme 4.1 (63) –



Students

Full-time MBA The Executive MBAAnnual intake 103 48




Average GMAT score 633 (66) –

Average number of months’ work experience 36 (>100) 164


Average age 27 37



Full-time MBA The Executive MBANumber of industry sectors that recruited graduates 7 (90) –


Percentage of graduates finding jobs through careers services n/a (n/a) –




Principal recruiters of graduates AT&T, Ford, General Electric –

Cost

Full-time MBA The Executive MBAApplication fees US$75 US$75


Comments US$19,910 for Illinois residents Total programme

Accommodation costs (on campus, per year) US$5120 –





Application details

Full-time MBA The Executive MBAApplication deadline – May 15th

Programme dates Aug start, 21 months Sep start, 20 months




Accreditation



“The programme provides a very realistic view of the business community and its integrated nature.”

“Career services are not very proactive, but changes are being made.”


Strengths: finance, marketing, management

Weakness: career services

First degree; TOEFL; references; essays; interview; laptop

First degree; at least 7 years’ work experience; TOEFL; 3 references;

3 essays; interview; laptop


Part 2The directory


BackgroundIMD was established in 1990 following the merger of two business schools: IMI, founded in Geneva by Alcan in 1946; and IMEDE, founded in Lausanne in 1957 by Nestlé. IMD believes in an integrated faculty (that is, without departments) and feels this can only be achieved with modest faculty numbers. The MBA programme is also small, deliberately kept at 90 participants. (The school puts most of its effort into executive education.) IMD’s contacts with global business are superb and its numerous corporate partners are keen supporters of the school, sending their managers there on short courses and recruit-ing MBA graduates. The school’s renowned dean, Peter Lorange, retired in early 2008. He is replaced by Dr John R Wells.

FacilitiesFacilities at IMD are excellent. The MBA is based in its own building across the road from the main cam-pus. A new executive education centre is being constructed next to it and should open in 2008. There is no on-campus accommodation and renting in Lausanne, an attractive but somewhat quiet town on the shores of Lake Geneva, can be expensive. Full-time MBAStudent assessment of facilities 4.5 (24)

FacultyNumber of faculty: 30 full-time, 10 part-time Full-time MBANumber of faculty per student 0.4 (81)Percentage of faculty with PhD 97 (43)Student rating of faculty 4.4 (39)

Programme highlightsIMD’s one-year full-time MBA is deliberately focused on producing future corporate leaders rather than administrators or managers. The programme is complex and challenging. Ten core courses, which IMD calls “building blocks”, are covered at the beginning of the programme, mainly through case studies. These are followed by work with start-up ventures, courses in managing stakeholders and an inter-national study trip. An eight-week international consulting project, where different teams work with senior managers of global companies on strategic issues, follows and then a series of intensive career services courses. Students then choose four out of eight electives offered.

The Executive MBA combines a modular structure with elements of distance learning, study trips and close links between the school and sponsoring companies. The first two modules are the highly success-ful ten-week Programme for Executive Development (PED). EMBA and PED participants share the same classrooms and lessons, though EMBA students can split the course into two halves. There are also over-seas study trips, typically at a location in Europe, or overseas in Silicon Valley or in Shanghai. The 16.5 weeks of classroom teaching and study trips can be completed in as little as 16 months or spread over a

IMD—International Institute for Management Development

Address:

MBA OfficeCh de Bellerive 23, PO Box 915LausanneSwitzerland, 1001

Tel:+41 21 618 0594

Fax:+41 21 618 0615


Website:www.imd.ch/mba

Programme director:Benoît Leleux





Part 2The directory

IMD—International Institute for Management Development

period of three years or more. All participants also undertake projects in their own company. Between modules participants stay in touch with IMD faculty and fellow students via e-mail and undertake some online learning courses. Full-time MBAStudent rating of programme 4.4 (25)Number of overseas exchange programmes 0 (96)Number of languages on offer 6 (65)

Students Full-time MBAAnnual intake 90Applicants:places 5:1Percentage of women students 22 (>100)Percentage of foreign students 97 (2)Average GMAT score 671 (31)Average number of months’ work experience 84 (21)Age range of students 28-33Average age 31Student rating of culture and classmates 4.6 (6)

Recruiters/career services Full-time MBANumber of industry sectors that recruited graduates 8 (44)Percentage of graduates in jobs 3 months after graduation 99 (6)Percentage of graduates finding jobs through careers services 77 (46)Student rating of careers service 4.4 (4)Post-MBA salary, US$ 130,000 (4)Percentage increase in salary 64 (71)Principal recruiters of graduates McKinsey & Co, Boston Consulting Group, AstraZeneca

Cost Full-time MBAApplication fees SwFr350 (US$292)Programme fees SwFr58,000 (US$48,333)Comments Total programmeAccommodation costs (on campus, per year) –Accommodation costs (off campus, per year) SwFr13,000 (US$10,833)Financial aid available –Type of aid available Scholarships, loansCriteria on which aid is granted Merit, need

Application Details Full-time MBAApplication deadline September 1stProgramme dates Jan start, 11 monthsAdmission requirements First degree; at least 3 years’ work experience; references; 11 essays; strong command of English



Accreditation



“The main strength of the curriculum is the focus on leadership training which is very experiential.”

“Because of the extreme diversity and the short length of the course, it’s difficult for the school to get deep into some subjects.”


Strengths: general management, leadership development, entrepreneurship

Weakness: short programme means a limited choice of electives


Part 2The directory


BackgroundImperial College, situated next to London’s Science Museum, is famous for science and engineering. Its technological heritage is to an extent reflected in Tanaka Business School’s concentration, in both teaching and research, on the interaction of management, technology and innovation. As well as post-graduate and doctoral programmes, the school offers undergraduate business courses to other parts of Imperial College. It also makes good use of Imperial Innovations, the college’s spin-out arm, which has launched more than 60 successful technology-based companies. It has close links with industry and an especially strong position in entrepreneurship. A number of practising executives and managers teach on its programmes.

FacilitiesThe school is based in a £25m (US$46m) building (completed in 2004) within the main college campus following a gift from Gary Tanaka, an American technology investment manager and alumnus. The build-ing contains networked lecture theatres, breakout rooms, a central forum with café and bar, and study areas in the converted 19th-century vaults. Faculty offices and careers services are in a neighbouring wing. Imperial College offers all the usual academic and sports facilities. There are excellent libraries within the college and university, and the school has good computer facilities. On-campus accommoda-tion is available. Many of London’s cultural highlights are within walking distance of the school. Full-time MBA Executive MBAStudent assessment of facilities 4.6 (16) –




Programme highlightsThe Tanaka one-year full-time MBA consists of six core subjects, six electives (from around 25 offered) that can be grouped into a concentration, an in-company project and 20,000-word report. The core also includes a group technology venture project. Core courses are covered in the first and second terms and electives in the third term. The project must be completed by September. Personal development courses and a guest speaker series run throughout the programme.

The two-year part-time Executive MBA is similar to the full-time programme, though with eight core and four electives plus a project. It is run on a day-release basis with classes normally on alternate Fri-days (9 am to 7pm). The programme starts with a five-day block and there are eight three-days blocks (Wednesday, Thursday, Friday) in the first year. Electives and the final project are completed in the sec-ond year, when attendance requirements vary.

Imperial College London—Tanaka Business School

Address:

Exhibition RoadLondonUKSW7 2AZ

Tel:+44 20 7594 9213


Website:www.imperial.ac.uk/tanaka/programmes/imperial-mba

Programme director:Simon Stockley





Part 2The directory

Imperial College London—Tanaka Business School

Tanaka’s distance learning MBA consists of core courses, a specialisation and a research project. The minimum duration for the programme is two years. Students have online access to tutors and other stu-dents but there are no on-campus requirements. Full-time MBA Executive MBAStudent rating of programme 4.5 (21) –



Students








Average age 31 32









Principal recruiter of graduates HSBC –

Cost



Comments – £34,250 for Weekday; £34,500 for Weekend




Type of aid available Scholarships, graduate assistantships –


Application details

Full-time MBA Executive MBAApplication deadline September 1st October 31st

Programme dates Oct start, 12 months Dec start, 24 months




Accreditation



“Great personal development while opening up career opportunities with excellent salary potential.”

“The biggest weakness is accounting: it needs to be more practical.”


Strengths: innovation and entrepreneurship, finance, health management

Weakness: accounting course


references

First degree; at least 3 years’ work experience; 2 references


Part 2The directory


BackgroundThe Indian Institute of Management at Ahmedabad (IIM-A; there are several other IIMs at various loca-tions around India) is reckoned to be the leading business school in the subcontinent and also the toughest in the world to get into (over 600 people apply for every place). It has close links with industry and with state and national authorities and is increasingly international in attitude. The Indian national government, the government of the state of Gujarat, and Indian industry and business were key players in its formation in 1961. The IIM-A has a good research base and an active involvement in management development in a number of important fields.

FacilitiesFacilities are good. The school is based on a 100-acre campus designed by Louis Kahn. It includes 11 classrooms, 18 seminar rooms and 20 syndicate rooms, and offices for faculty and research staff. It also houses single-room furnished accommodation for every student (only in special circumstances are they allowed to live off campus). The campus is being expanded to add a convention centre, more stu-dent accommodation and other facilities. Full-time MBA One Year Post Graduate Programme for ExecutivesStudent assessment of facilities 4.4 (54) –

FacultyNumber of faculty: 86 full-time, 66 visiting Full-time MBA One Year Post Graduate Programme for ExecutivesNumber of faculty per student 0.4 (87) 1.9



Programme highlightsIIM-A’s two-year full-time Post-Graduate Programme (PGP) is generally accepted as being equivalent to an MBA. Most teaching is done by the case method, although other methods are used. There is a strong project element in most courses. The programme is similar in structure to the American model, with 23 required core courses in the first year (and two more in the second) followed by electives, which can be grouped into concentrations. There are non-credit classes in communications and writing through-out the first year. Most students have only limited work experience.

In 2006 IIM-A launched a one-year version of the programme (the PGPX) for older managers with work experience. The programme is aimed at the international MBA market and includes an interna-tional project and considerable international input.

Indian Institute of Management—Ahmedabad

Address:

VastrapurAhmedabadIndia380015

Tel:+91 79 6632 4947

Fax:+91 79 2630 6896


Website:www.iimahd.ernet.in

Programme director:Ajay Pandey


Open new career opportunities 2Diversity of recruiters 72Number in jobs three months after graduation 1Jobs found through the careers service 1Student assessment of careers service 3Personal development/educational experience >100Faculty quality 76Student quality >100Student diversity >100Education experience 71

Increase in salary >100Increase in salary n/aPost-MBA salary >100Potential to network 70Breadth of alumni network 87Internationalism of alumni 84Alumni effectiveness 37


Part 2The directory

Indian Institute of Management—Ahmedabad

Full-time MBA One Year Post Graduate Programme for ExecutivesStudent rating of programme 4.4 (35) –



Students

Full-time MBA One Year Post Graduate Programme for ExecutivesAnnual intake 257 78




Average GMAT score n/a (n/a) 731



Average age 23 33.10



Full-time MBA One Year Post Graduate Programme for ExecutivesNumber of industry sectors that recruited graduates 7 (72) –





Percentage increase in salary – –

Principal recruiters of graduates McKinsey & Co, HSBC, – Lehman Brothers

Cost

Full-time MBA One Year Post Graduate Programme for ExecutivesApplication fees R1,100 (US$27) –

Programme fees R450,000 (US$10,883) R1.5m (US$36,276)

Comments US$18,000 for international students –

Accommodation costs (on campus, per year) R21,850 (US$528) –


Financial aid available R4.8m (US$115,715) –


Criteria on which aid is granted Need –

Application details

Full-time MBA One Year Post Graduate Programme for ExecutivesApplication deadline September 8th August 11th

Programme dates Jun start, 21 months Apr start, 12 months




Accreditation

✕ AMBA✕ EQUIS✕ AACSB International


“Absolutely stunning environment for study and career opportunities.”

“Narrow range of electives—no specialisations offered.”


Strengths: finance, marketing, business policy and strategy


First degree; GMAT; Common Admission Test

First degree; work experience; 3 references; 4 essays; interview;

laptop


Part 2The directory


BackgroundKelley, which can trace its history teaching business back to 1829, has a strong belief in individual effort—with an emphasis on experiential learning and leadership—and takes an innovative approach to management education, emphasising integration, teamwork and co-operation. The school offers value for money, a readily accessible faculty and a good careers office. It teaches undergraduate and graduate business and accounting programmes to nearly 5,000 full-time students on its Bloomington campus.

FacilitiesThe MBA programme is housed in the US$33m Godfrey Center, completed in 2002, which houses all resources for graduate education on three floors, with executive education on the fourth. There are classrooms, student lounges, team breakout rooms, conference rooms and a careers service office. Indiana University’s sports, recreational and on-campus accommodation facilities are all excellent. However, most students live off campus where housing is easy to find and reasonably priced. Blooming-ton is a small town in the Midwest, an hour’s drive from Indianapolis. Full-time MBAStudent assessment of facilities 4.4 (20)


Programme highlightsKelley’s two-year full-time MBA programme starts with a two-week orientation emphasising leadership. The core is taught as an integrated unit over 15 weeks in the first semester. The first year also features extensive careers sessions and, in the second semester, electives and two more required core courses. Electives continue in the second year and can be formed into majors and minors. Each student joins an “Academy”, which provides opportunities to focus on a particular industry and/or career path. Second-year students can continue via the online programme if, for example, they are offered a full-time post after their internship or sponsored students are required to return to their organisation.

The part-time Evening MBA is taught by the school’s faculty at Kelley’s campuses in Indianapolis and Carmel. The part-time programme is usually completed in three years with classes held two nights a week in term.

Kelley’s two-year Online MBA programme centres on web-based courses and a one-week residen-tial session at the beginning of each year. This programme is also offered in a customised version for a number of global companies. The school also offers a specialised MBA in Accounting.

Indiana University—Kelley School of Business

Address:

1275 E Tenth StSuite 2010Indiana UniversityBloomington, IndianaUS47405

Tel:+1 812 855 8006

Fax:+1 812 855 9039


Website:www.kelley.iu.edu/mba/

Programme director:James Wahlen





Part 2The directory

Indiana University—Kelley School of Business



Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (1)Percentage of graduates in jobs 3 months after graduation 96 (55)Percentage of graduates finding jobs through careers services 77 (25)Student rating of careers service 3.9 (30)Post-MBA salary, US$ 88,644 (63)Percentage increase in salary 85 (41)Principal recruiters of graduates Johnson & Johnson, Cummins, General Electric

Cost Full-time MBAApplication fees US$75Programme fees US$33,414Comments –Accommodation costs (on campus, per year) US$5,850Accommodation costs (off campus, per year) US$5,850Financial aid available US$3.6mType of aid available Fellowships, scholarships, assistantshipsCriteria on which aid is granted Merit

Application details Full-time MBAApplication deadline April 15thProgramme dates Aug start, 21 monthsAdmission requirements First degree; TOEFL; references; 3 essays; interview; laptop



Accreditation



“Great teachers, who are industry advisors and are up-to-date with recent happenings and practical in their approach.”

“Remote location. It is more difficult for recruiters to visit campus, and conversely, it is more difficult for students to make it to major job centres.”


Strengths: marketing, management, entrepreneurship

Weaknesses: location


Part 2The directory


BackgroundINSEAD is one of the strongest international business schools. It was among the first to open a second full campus and students can opt to study in Fontainebleau, France, or Singapore. The school has been steadily increasing its intake and 138 faculty members on both campuses now teach more than 1,000 degree students – MBA, Executive MBA and PhD – and more than 9,500 executives. The school has some 37,000 alumni worldwide from all its programmes. They are active and on-campus class reunions are well attended. The networking opportunities offered by INSEAD are a major attraction for some students.

FacilitiesFacilities on the large, modern campuses in Fontainebleau (about 65 km from Paris) and Singapore are excellent. Campus life is lively and informal with lots of social activities. The two campuses operate on the same internal IT network and are linked by videoconference facilities for lectures, classes and other events, and many students take electives on both campuses. Rented housing, including attractive farmhouse-style accommodation, near the Fontainebleau campus is popular but can be expensive, as is the area generally. INSEAD has a (recently renewed) alliance with Wharton (see page 252) and in 2007 opened a Centre for Executive Education and Research in Abu Dhabi. Full-time MBAStudent assessment of facilities 4.3 (57)

FacultyNumber of faculty: 133 full-time, 5 part-time, 110 visiting Full-time MBANumber of faculty per student 0.2 (>100)Percentage of faculty with PhD 99 (25)Student rating of faculty 4.4 (36)

Programme highlightsINSEAD’s one-year full-time MBA is divided into five eight-week “periods”, each followed by examina-tions and a short break. Thirteen core courses take up the first three periods, followed by 11 electives. Although almost all classes are taught in English, gaining proficiency in other languages is encouraged.The programmes in Fontainebleau and Singapore are identical and students can switch between the campuses during elective periods and are guaranteed the opportunity of spending at least one eight-week period on the other campus. Students can also apply to take one elective period at Wharton.

The 15-month Executive MBA programme runs simultaneously on the Fontainebleau and Singa-pore campuses and the two groups of participants share some classes. The programme is modular, with eight on-campus modules totalling 12 weeks. Between modules there is a mix of online learning and assignments.

The Tsinghua–INSEAD Dual Degree EMBA (TIEMBA) is an 18-month part-time modular programme mainly taught at Tsinghua in Beijing and on INSEAD’s Singapore campus, with one module taught at Fontainebleau.

INSEAD

Address:

Boulevard de ConstanceFontainebleauFrance77305

Tel:+33 1 6072 9109

Fax:+33 1 6074 5500


Website:www.insead.edu

Programme director:Antonio Fatas



Increase in salary 34Increase in salary >100Post-MBA salary 24Potential to network 13Breadth of alumni network >100Internationalism of alumni 7Alumni effectiveness 12


Part 2The directory

INSEAD


Students Full-time MBAAnnual intake 919Applicants:places –Percentage of women students 29 (92)Percentage of foreign students 90 (21)Average GMAT score 700 (10)Average number of months’ work experience 72 (43)Age range of students 26-33Average age 29Student rating of culture and classmates 4.6 (9)

Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 92 (61)Percentage of graduates finding jobs through careers services 83 (13)Student rating of careers service 3.5 (62)Post-MBA salary, US$ 108,082 (24)Percentage increase in salary 29 (>100)Principal recruiters of graduates McKinsey & Co, Bain & Co, Boston Consulting Group

Cost Full-time MBAApplication fees €200 (US$274)Programme fees €50,000 (US$68,493)Comments Total programmeAccommodation costs (on campus, per year) –Accommodation costs (off campus, per year) €7500 (US$10,274)Financial aid available €2.4m (US$3.3m)Type of aid available ScholarshipsCriteria on which aid is granted Merit, need

Application details Full-time MBAApplication deadline July 16thProgramme dates Sep start, 10 monthsAdmission requirements First degree; at least 2 years’ work experience; TOEFL, IELTS, TOEIC or CPE; references; 5 essays



Accreditation



“Wide range of core and electives covering all the important topics; star professors who can teach you all there is to know in a very short time span.”

“Marketing courses can be weak, although I heard that this is being addressed by the school.”


Strengths: leadership, global strategy, entrepreneurship

Weakness: marketing


Part 2The directory


BackgroundThe University of Iowa has offered an MBA for over 30 years and the business school has a highly rated faculty. MBA programmes are delivered by the Henry B Tippie School of Management, the graduate arm of the Henry B Tippie College of Business. Both take their name from an alumnus who made a US$30m donation in 1999. The small scale of the school allows good contact between students and faculty. As at many schools based in state universities the fees are quite low, but the quality is high and the school’s strategic plan aims for it to join the top 15 business schools at public research and teaching universities in the US.

FacilitiesThe school is based in the John Pappajohn Business Administration Building in the middle of the uni-versity campus. Facilities, including a business library and computer lab, are good. The full-time and executive MBA programmes are housed in the recently constructed Pomerantz Center. The fourth-floor Tippie MBA Suite, specifically designed for MBA students, has tiered classrooms with advanced class-room technology, careers services, student services, a library and conference rooms. There are dedi-cated interview suites for on-campus recruiters, MBA study rooms and student organisation offices on the third floor. Full-time MBA PM Executive International MBA Program MBA Executive MBAStudent assessment of facilities 4.8 (14) – – –

FacultyNumber of faculty: 39 full-time, 2 part-time, 2 visiting Full-time MBA PM Executive International MBA Program MBA Executive MBANumber of faculty per student 0.6 (23) 0.2 1.1 2.3



Programme highlightsTippie’s two-year full-time MBA has an integrated core that lasts into the autumn semester of the sec-ond year and has a strong emphasis on leadership development and career preparation. Students take a concentration in a specific area. They can then add electives to extend their concentration, take a sec-ond concentration or follow their own interests, drawing on other graduate schools of the university. Optional overseas study tours are offered throughout the programme.

The part-time MBA for Professionals and Managers is a strong, traditional US programme. Classes generally meet one evening a week. The programme, which includes nine core courses and six electives, is offered on campus and at Cedar Rapids, Des Moines and Quad Cities. The programme can be completed in 2–10 years.

The 21-month EMBA has a five-day residency week at the beginning of each year. Classes meet one

University of Iowa—Henry B Tippie School of Management

Address:

108 John Pappajohn Business BuildingSuite W16021 East Market StreetIowa City, IAUS52242

Tel:+1 319 335 1040

Fax:+1 319 335 3422


Website:www.biz.uiowa.edu/fulltimemba

Programme director:Colleen Downie


Open new career opportunities 63Diversity of recruiters 95Number in jobs three months after graduation 68Jobs found through the careers service 43Student assessment of careers service 29Personal development/educational experience 90Faculty quality 13Student quality 95Student diversity >100Education experience 48



Part 2The directory

University of Iowa—Henry B Tippie School of Management

day a week on alternate Fridays and Saturdays during term time. The second year includes an inten-sive in-residence business simulation, electives, an international seminar (7–10 days) and a capstone course in strategic management. The EMBA is also offered in an international version in Hong Kong. Full-time MBA PM Executive International MBA Program MBA Executive MBAStudent rating of programme 4.2 (80) – – –



Students Full-time MBA PM Executive International MBA Program MBA Executive MBAAnnual intake 65 258 38 19




Average GMAT score 652 (48) 579 554 –

Average number of months’ work experience 48 (>100) 96 192 96




Recruiters/careers service Full-time MBA PM Executive International MBA Program MBA Executive MBANumber of industry sectors that recruited graduates 6 (95) – – –




Post-MBA salary, US$ 73,702 (94) – – –


Principal recruiters of graduates Best Buy, Northwest Airlines, – – – HNI Corporation

Cost Full-time MBA PM Executive International MBA Program MBA Executive MBAApplication fees US$85 US$85 – US$85

Programme fees US$25,717 US$510 US$51,000 US$32,000

Comments Out of state; $14,387 in state Per credit hour – – Total programme Total programme

Accommodation costs (on campus, per year) US$5826 – – –

Accommodation costs (off campus, per year) US$7800 – – –

Financial aid available US$728,873 – – –

Type of aid available Graduate assistantships, scholarships – – –


Application details Full-time MBA PM Executive MBA International MBA Program MBA Executive MBAApplication deadline July 15th June 30th June 15th July 15th

Programme dates Aug start, Aug start, Aug start, Sep start, 21 months 36 months 21 months 18 months




Accreditation



“This programme is perfectly balanced—a well-rounded experience with the best professors, best industry contact, and fastest payback.”

“Small student population leads to fewer electives being offered.”


Strengths: corporate finance, investments, marketing

Weakness: limited electives




experience; TOEFL; 3 references; 2 essays


2 references; interview; laptop




Part 2The directory


BackgroundThe Graduate School of International Management (GSIM) is one of the two graduate schools (the uni-versity only offers masters’ degrees) at the private International University of Japan (IUJ). The other is the Graduate School of International Relations (GSIR). Both schools teach entirely in English.

The GSIM was originally developed in 1988 in collaboration with Dartmouth College’s Tuck School of Business (see page 132), although it now has its own curriculum. The IUJ was created by business leaders, so the school’s connections with Japanese and international businesses are excellent. There is a good range of guest speakers.

FacilitiesThe school is about 230 km north-west of Tokyo in quiet rural surroundings with hot summers and snowy winters. Facilities on campus are good and most students stay in on-campus housing. Full-time MBAStudent assessment of facilities 4.2 (74)


Programme highlightsThe GSIM’s two-year full-time MBA is based on the traditional US model (although it is taken over six terms rather than four semesters). The first year consists of core courses, which also follow the tradi-tional model, and some electives, which start in the spring term. The second year is given over to ten or more electives, which can be grouped (specialisations are offered in finance, IT, management and marketing) or taken from a variety of areas to form a general degree. There is also a required project and report. Elective courses can be chosen from the E-Business Management Program and from some courses offered by the GSIR. Soft skills courses and language training in English and Japanese (which for non-Japanese speakers can count as an elective) are also offered.

The E-Business Management Program is a one-year master’s programme, incorporating some ele-ments of the MBA, designed for young managers wanting to enter the e-commerce area. Full-time MBAStudent rating of programme 3.6 (>100)Number of overseas exchange programmes 50 (6)Number of languages on offer 2 (94)

International University of Japan—Graduate School of International Management

Address:

777 Kokusai-choMinami Uonuma-shiNiigataJapan949-7277

Tel:+81 25 779 1116

Fax:+81 25 779 1180


Website:ibs.iuj.ac.jp

Programme director:Yasuma Sugihara



Increase in salary 100Increase in salary 19Post-MBA salary >100Potential to network 51Breadth of alumni network >100Internationalism of alumni 15Alumni effectiveness 63


Part 2The directory

International University of Japan—Graduate School of International Management

Students Full-time MBAAnnual intake 52Applicants:places 3:1Percentage of women students 31 (70)Percentage of foreign students 79 (32)Average GMAT score 591 (87)Average number of months’ work experience 58 (80)Age range of students 24-35Average age 30Student rating of culture and classmates 3.7 (>100)

Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 6 (96)Percentage of graduates in jobs 3 months after graduation 93 (20)Percentage of graduates finding jobs through careers services 90 (6)Student rating of careers service 3.4 (59)Post-MBA salary, US$ 59,443 (>100)Percentage increase in salary 179 (19)Principal recruiters of graduates Citi, Lehman Brothers, Goldman Sachs

Cost Full-time MBAApplication fees ¥5,000 (US$42)Programme fees ¥1.9m (US$16,135)Comments –Accommodation costs (on campus, per year) ¥384,000 (US$3,261)Accommodation costs (off campus, per year) ¥840,000 (US$7,133)Financial aid available ¥119.5m (US$1m)Type of aid available ScholarshipsCriteria on which aid is granted Merit, need

Application details Full-time MBAApplication deadline March 28thProgramme dates Sep start, 21 monthsAdmission requirements First degree; TOEFL; references; essay



Accreditation



“A life-oriented curriculum and international experience like nowhere else.”

“Small number of students means the university can only provide a small number of electives.”


Strengths: information communication technology, finance, environmental management

Weakness: limited number of electives


Part 2The directory


BackgroundLancaster University Management School is a full-range school covering undergraduate programmes, MBA, specialist masters’ programmes, doctoral programmes and short executive courses. It is large, with nearly 140 faculty and 2,000 undergraduate students and some 1,500 postgraduates. The school has a strong reputation for research. It has good international and regional industry links and was a pioneer of company-specific and consortium MBA programmes in the UK.

FacilitiesThe school occupies modern buildings on the sprawling, low-rise university campus. The MBA and other taught masters’ programmes are housed in the Management School. Students have 24-hour access to a number of university computer laboratories and there is a well-equipped sports centre next to the school. An airy extension houses extra lecture, breakout and executive education rooms and a social meeting area. Accommodation with en-suite bedrooms and social areas is available in a graduate col-lege, which is part of a recently completed complex.

Lancaster is a small city with good transport links. It is close to the sea and the picturesque Lake District. Full-time MBA Executive MBAStudent assessment of facilities 4.6 (18) –




Programme highlightsLancaster’s one-year full-time MBA is one of a wide range of general and specialist masters’ programmes offered by the school. The programme is divided into four modules (including the summer project). Students study six foundation courses and a project in the first module, five further courses (business economics, human resource management, strategic management, global society and responsible man-agement, and leading change) and an in-company consultancy project in the second module, and three electives in the third module (they can take additional non-assessed electives). The fourth module is the main summer project. A career management course runs throughout the programme.

The two-year part-time Executive MBA has a similar curriculum to the full-time version. Students attend eight five-day (Monday–Friday) intensive residential modules based at the school’s hotel and training centre on the edge of the campus. The programme starts with an introductory workshop/induc-tion and concludes with a project and dissertation, usually within participants’ own organisations.

Lancaster University Management School

Address:

BailriggLancasterUKLA1 4YX

Tel:+44 1524 594 708

Fax:+44 1524 592 417


Website:www.lums.lancs.ac.uk/mba

Programme director:Oliver Westall





Part 2The directory

Lancaster University Management School




Students








Average age 29 34









Principal recruiters of graduates A.T. Kearney, Detica, IMS Consulting –

Cost



Comments – –






Application details

Full-time MBA Executive MBAApplication deadline May 31st July 31st

Programme dates Sep start, 12 months Oct start, 24 months




Accreditation



“It is experience-based learning. You are taught as you put the learning to practice.”

“Weak alumni network.”


Strengths: accounting and finance, leadership, entrepreneurship


First degree; at least 5 years’ work experience; TOEFL; references;

interview


references


Part 2The directory


BackgroundLeeds University Business School is among the leading UK university-based business schools and has grown in size and reputation during recent years. The school is full-range, teaching more than 1,500 undergraduate and 500 postgraduate students from over 50 countries, and is closely linked to the univer-sity. It has its own faculty (over 80) and a high reputation for research. It has good links with industry.

FacilitiesThe school is based in an imaginatively refurbished building, close to the university campus, which once housed Leeds grammar school. Facilities—including lecture theatres, syndicate rooms, café and com-mon rooms—are excellent. MBA students have access to all university libraries and sports facilities. Leeds is a lively cosmopolitan city in the UK’s northern hilly region. Full-time MBA Executive MBAStudent assessment of facilities 4.3 (35) –




Programme highlightsThe Leeds MBA programme is in the mainstream UK and European tradition of a one-year programme consisting of taught core courses and electives followed by an individual project. It starts with a ten-subject core. Students then choose three option modules (effectively electives) from 12 offered and complete their project. Careers and personal development workshops run throughout the programme.

The two and a half year part-time Executive MBA is made up of 11 core modules (including an execu-tive skills course) and three elective modules (from five offered) and a project and dissertation, usually in a student’s own organisation. Each module involves open learning preceding a three- or four-day workshop, followed by further study or a work-based assignment. EMBA classes meet at Weetwood Hall, the school’s conference centre, a short drive from the business school. Full-time MBA Executive MBAStudent rating of programme 3.9 (97) –



Leeds University Business School

Address:

Maurice Keyworth BuildingUniversity of LeedsLeedsUKLS2 9JT

Tel:+44 113 343 4884

Fax:+44 113 343 4885


Website:www.leeds.ac.uk/lubs

Programme director:Dr Mae Baker Collins





Part 2The directory

Leeds University Business School

Students








Average age 28 38

Student rating of culture and classmates 3.5 (>100) –





Student rating of careers service 2.6 (>100) –



Principal recruiters of graduates BUPA, RM (Research Machines), BT –

Cost



Comments £19,000 for non-EU students £19,000 for international applicants






Application details

Full-time MBA Executive MBAApplication deadline July 31st August 31st

Programme dates Sep start, 12 months Oct start, 24-36 months




Accreditation



“Very comprehensive and intensive programme, helped me to change my mindset and gain international experience.”

“The careers service could have been much better than what was provided, as there were high expectations in this particular department.”


Strengths: international business, finance, decision making


First degree; work experience; TOEFL or IELTS; 2 references;

3 essays; interview




Part 2The directory


BackgroundLondon Business School (LBS) is probably the best-known of all the UK business schools and is indeed one of the world’s truly global schools. It maintains its position through a series of strategic initiatives including fostering world-class research and making the most of its location in London.

As one of only a handful of European schools that follow the North American two-year MBA model (although it does offer shortened versions of its programme), LBS combines many of the best aspects of the North American and European traditions. Like other leading European schools, it prides itself on attracting a diverse mix of nationalities. It has a strong strategic alliance with Columbia Business School in New York through the EMBA–Global programme and in late 2006 opened the Dubai–London Centre to provide short executive courses and an Executive MBA.

In 2007 a new dean, Robin Buchanan, took over from Laura Tyson. Buchanan was formerly a senior partner at Bain & Co, a global business consultancy, in the UK.

FacilitiesLBS benefits greatly from its location in the centre of London (although it is closer to the West End, London’s entertainment centre, than the City, the financial centre). Facilities are good, but the main building, designed in the 1820s by John Nash, is much smaller and less “high-tech” in appearance (both inside and out) than some of its US competitors. Its advantage is that the scenic Regent’s Park is just across the road. A separate building nearby provides excellent IT and sports facilities. Full-time MBA Executive MBA Dubai-London Executive MBAStudent assessment of facilities 4.1 (84) – –

FacultyNumber of faculty: 66 full-time, 14 part-time, 7 visiting Full-time MBA Executive MBA Dubai-London Executive MBANumber of faculty per student 0.2 (>100) 1.1 1.1



Programme highlightsIn the first year of London’s full-time MBA students take 16 required courses and a number of soft skills, careers and language workshops. In the second year they take 9–12 electives, from around 70 on offer, which can be grouped into a concentration. Students also complete an in-company consultancy project (usually in a two-person team) on which they must write a management report. The programme is flex-ible and can be completed in 15–21 months.

The 20-month Executive MBA leads to the same degree as the full-time version and the programme details are similar. There are two start dates, January and September. Classes meet all day Friday and Saturday on alternate weeks. Students take 16 core courses, including soft skills courses, during the first year and choose 6–8 electives in the second year. There is an international field trip and a graded project and report carried out in students’ own organisations.

London Business School

Address:

Regent’s ParkLondonUKNW1 4SA

Tel:+44 20 7000 7000

Fax:+44 20 7000 7001


Website:www.london.edu

Programme director:Sabine Vinck





Part 2The directory

London Business School

The EMBA–Global is a 20-month joint programme between LBS and Columbia Business School in New York that mixes campus-based classes, projects, teamwork, field trips and online learning. Students alternate each month between London and New York for the core courses and take elective courses in New York, London or both cities. The second year also includes a week-long international seminar.

In 2007 LBS launched the Dubai–London EMBA, a modular programme with 11 four-day modules in Dubai in the first year and electives and soft-skills modules in London in the second year. Students also complete an in-company project. Full-time MBA Executive MBA Dubai-London Executive MBAStudent rating of programme 4.3 (29) – –



Students

Full-time MBA Executive MBA Dubai-London Executive MBAAnnual intake 315 76 78










Full-time Executive Dubai-London MBA MBA Executive MBA

Number of industry sectors that recruited graduates 8 (4) – –






Principal recruiters of graduates Barclays, Booz Allen Hamilton, McKinsey & Co – –

Cost

Full-time Executive Dubai-London MBA MBA Executive MBA

Application fees £145 (US$290) £120 (US$240) £120 (US$240)





Financial aid available £857,000 (US$1.7m) – –



Application details

Full-time MBA Executive MBA Dubai-London Executive MBA

Application deadline May 1st April 30th May 31st

Programme dates Aug start, 15 to 21 months Sep start, 20 months Sep start, 17 months




Accreditation



“Very international student body with a wide range of experiences adds to a fantastic experience.”

“Teaching quality ranges from excellent to weak in a few circumstances.”


Strengths: strategic and international management, finance, entrepreneurship

Weakness: some weak faculty

First degree usually required; at least

3 years’ work experience; references; 5 essays;

interview

First degree usually required; at least

5 years’ work experience; 2 references; 5 essays;

interview


TOEFL; 2 references; 5 essays; interview


Part 2The directory


BackgroundE.M. Lyon, founded in 1872 by the local Lyon business community (the Lyon Chamber of Commerce is a main stakeholder), is a grande école with a distinctive French flavour, though its MBA is strongly international.

It has a commitment to entrepreneurship which permeates the MBA and other programmes. Since 1984 it has hosted the Entrepreneurship Centre, a joint initiative with Lyonnaise de Banque, to develop research programmes and training dedicated to setting up companies and entrepreneurial management.

In September 2008 E.M. Lyon opened a new campus in Geneva, Switzerland, to be known as ELK Geneva. Initially, it will offer three masters’ programmes specialising in private banking, international organisations and the luxury goods industry.

FacilitiesThe modern campus is located just outside Lyon and has excellent facilities including a major library, a computer centre, restaurants and cafeterias, and an audio-visual and language laboratory. There are two residential complexes close by housing 350 students and good sports facilities. MBA students share most resources with other students, but they have a separate area with two lecture rooms and nine classrooms; the MBA area is open 24 hours a day for MBA participants. The centre of Lyon is attractive and full of character. It is an important transport hub with good rail and air links and easy access to the Alps, the Mediterranean and other European countries. Full-time MBA Executive MBAStudent assessment of facilities 4.0 (98) –



Student rating of faculty 3.9 (>100) –

Programme highlightsE.M. Lyon’s one-year International MBA programme (which was revamped for the 2006 intake) starts with each student being assessed as a potential entrepreneurial leader, which serves as a benchmark for progress throughout the year. It is also used as a guide to the Entrepreneurial Leadership Project (ELP), career goals and elective courses in the third trimester. The ELP, a team project aimed at developing key leadership skills, runs throughout the programme and is a key part of it.

Core courses are essentially traditional, though interspersed with a series of seminars focusing on major issues in entrepreneurship and intrapreneurship, followed by one of three mini specialisations (managing market-driven companies, international business strategy, corporate finance), each made up of three courses, and then a range of general electives. During the third trimester or summer stu-dents may opt for an exchange placement. The programme has a strong careers emphasis, especially the

E.M. Lyon

Address:

23, av. Guy de CollongueEcully (Lyon)France69134

Tel:+33 4 7833 7707

Fax:+33 4 7833 7788


Website:www.em-lyon.com/imba

Programme director:Frederic Martel


Open new career opportunities 100Diversity of recruiters >100Number in jobs three months after graduation >100Jobs found through the careers service 57Student assessment of careers service 77Personal development/educational experience 13Faculty quality 9Student quality 51Student diversity 35Education experience 13



Part 2The directory

E.M. Lyon

“Career Power” programme which, combined with one-to-one mentoring and personal coaching, allows students to identify, design and implement their career objectives.

The school offers a two-year part-time Executive MBA mainly in French. Full-time MBA Executive MBAStudent rating of programme 4.0 (83) –



Students








Average age 31 36



Full-time MBA Executive MBANumber of industry sectors that recruited graduates 5 (>100) –






Principal recruiters of graduates TOTAL, Louis Dreyfuss Commodities, – Schneider Electric

Cost

Full-time MBA Executive MBAApplication fees €110 (US$151) €110 (US$151)


Comments – Per year






Application details

Full-time MBA Executive MBAApplication deadline July 31st July 31st





Accreditation



“The shape of the class: 40 participants with strong, diverse backgrounds and international exposure, huge cohesion among us.”

“The administration of the school needs to be more ordered and more managed.”


Strengths: entrepreneurship, finance, marketing



references; essays

First degree; at least 5 years’ work experience; TOEFL or TOEIC;

reference; interview; laptop


Part 2The directory


BackgroundMcGill’s Desautels Faculty of Management, which is closely integrated with the university, has a strong international bias and good links with local and international business. The campus is in Montreal’s business district and many senior executives visit the faculty.

The Faculty of Management was renamed in 2005 following a C$22m gift from Marcel Desautels, president and CEO of Canadian Credit Management Foundation. The money is likely to have a significant impact and has been earmarked for areas such as endowed chairs, scholars’ awards, visiting scholars, research, scholarships and fellowships, and enhancing the facilities.

Like most Canadian schools, McGill offers extremely good value for money for in-state and other Canadian residents, although for others tuition fees are generally in line with those at most North American schools.

FacilitiesThe Bronfman building, which houses the Desautels Faculty of Management, is on the border of McGill’s sprawling campus. It is shared with undergraduate students so space is limited, but MBA students have their own lounge and computer lab. The ground floor of the building was refurbished in 2004. The fac-ulty has its own computer centre and management library, but some subjects, such as economics and social science, may be housed in one of the other 17 libraries on campus. Students have access to the excellent university sports and cultural amenities. There is some on-campus accommodation for gradu-ates but most MBA students rent local housing, which is plentiful and reasonably priced. Montreal is a pleasant city with a European atmosphere, and local transport is good. Full-time MBAStudent assessment of facilities 4.0 (>100)


Programme highlightsMcGill’s two-year full-time MBA mixes a highly integrative core and intensive specialisation. There are five core modules followed by a case competition in the first semester. In the second semester and sec-ond year students must choose one of four tailored concentrations. They also select additional free elec-tives. Students with an undergraduate business degree (from a recognised North American university) can take an accelerated 15-month track.

The part-time MBA is identical to the full-time version. Students can complete the core requirements in about two years. After that they can either join the full-time programme to complete their degree

McGill University—Desautels Faculty of Management

Address:

1001, rue Sherbrooke Ouest, bur. 300Montreal, QCCanadaH3A 1G5

Tel:+1 514 398 4000 ext 089682

Fax:+1 514 398 2499


Website:www.mcgill.ca/mba

Programme director:Francesca Carrieri


Open new career opportunities 88Diversity of recruiters 71Number in jobs three months after graduation 82Jobs found through the careers service 67Student assessment of careers service >100Personal development/educational experience 95Faculty quality >100Student quality 86Student diversity 49Education experience 97



Part 2The directory

McGill University—Desautels Faculty of Management

at an accelerated pace or continue part-time, with up to five years to complete the programme. Stu-dents with an undergraduate business degree (from a recognised North American university) can take an accelerated 36-month track.

The MBA Japan is a two-year part-time programme (identical to the Montreal version) taught in downtown Tokyo, leading to an MBA with a major in international management, general management or finance. Classes are held two weekends a month (Saturday and Sunday) throughout the year. Full-time MBAStudent rating of programme 4.0 (>100)Number of overseas exchange programmes 43 (24)Number of languages on offer 6 (77)


Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 7 (71)Percentage of graduates in jobs 3 months after graduation 86 (82)Percentage of graduates finding jobs through careers services 70 (67)Student rating of careers service 3.0 (106)Post-MBA salary, US$ 81,963 (92)Percentage increase in salary 56 (87)Principal recruiters of graduates RBC Capital Markets, Imperial Oil, Johnson & Johnson



Accreditation



“Significant value for money. Strong international brand. Collegiate atmosphere.”

“The facilities—classrooms, group study spaces—are poor.”


Strengths: finance, strategy, marketing



Part 2The directory


BackgroundEstablished as part of Macquarie University in 1969, Macquarie Graduate School of Management (MGSM) is the oldest continuously operating graduate school of business in New South Wales. An innovative school, it has a strong social science and psychology orientation linked with a pragmatic and practical approach. MGSM has satellite campuses in the Sydney business area, Hong Kong and Singapore. The school has excellent links with local, national and international business. Around 1,800 students are enrolled in postgraduate programmes supported by over 100 permanent and adjunct faculty. Like many Australian schools, MGSM prides itself on the flexibility of its delivery of programmes.

FacilitiesThe modern, well-equipped school is housed in a group of seven low-rise buildings separated by gar-dens on the edge of the university’s park-like campus in North Ryde, about 30 minutes’ drive north of downtown Sydney. Students use the main university library, where they have their own librarian. They have access to the university sports and recreational amenities. Full-time MBA Part-time MBAStudent assessment of facilities 4.3 (79) –




Programme highlightsThe Macquarie MBA is offered in one-year full-time or two- or three-year part-time variations. The dif-ference between the various options is the number of courses taken in each term. In the full-time pro-gramme, students take four courses per term. Core courses are taught during the day, but electives are usually offered in block format (over one week, for example) and may be scheduled in the evenings. In the two-year version students take two or three courses per term, and in the three-year version they take one or two courses per term. It is a generalised programme with a good range of electives. There are ten fairly traditional core courses and six electives. Students can follow a particular stream, or con-centration, or take electives across a wide range of subjects.

The Macquarie MBA is also offered in downtown Sydney as well as Singapore and Hong Kong. Full-time MBA Part-time MBAStudent rating of programme 4.2 (66) –



Macquarie Graduate School of Management

Address:

99 Talavera RoadMacquarie ParkNorth Ryde, SydneyAustralia2113

Tel:+61 2 8274 8328

Fax:+61 2 8274 8370


Website:www.mgsm.edu.au

Programme director:Elizabeth More


Open new career opportunities 71Diversity of recruiters 4Number in jobs three months after graduation >100Jobs found through the careers service 8Student assessment of careers service 99Personal development/educational experience 18Faculty quality 77Student quality 4Student diversity 81Education experience 82



Part 2The directory

Macquarie Graduate School of Management

Students








Average age 32 35








Percentage increase in salary 39 (>100) –

Principal recruiters of graduates Johnson & Johnson, Coca-Cola, Capgemini –

Cost

Full-time MBA Part-time MBAApplication fees A$110 (US$92) –


Comments Per unit Per unit



Financial aid available A$48,000 (US$40,000) –



Application details

Full-time MBA Part-time MBAApplication deadline May 2nd May 2nd

Programme dates Jun start, 12 months Jun start




Accreditation



“There are some exceptional professors that teach core.”

“There needs to be more career and job opportunities for the full-time cohort.”


Strengths: finance, marketing, internationalism

Weakness: recruitment opportunities




3 references; laptop


Part 2The directory


BackgroundAs a part of the creation in 2004 of a new university in Manchester, formed by the merger of the Uni-versity of Manchester and the University of Manchester Institute of Science and Technology (UMIST), the “old” Manchester Business School merged with the Institute of Innovation Research, the Victoria University of Manchester’s School of Accounting and Finance, and UMIST’s (mainly undergraduate) Manchester School of Management. As a result the “new” Manchester Business School is the biggest full-range business school in the UK. There are 2,000 students and over 200 faculty, allowing greater choice and variety on the MBA, more specialised masters’ programmes, and expanded research and executive education activity.

FacilitiesMBA programmes are taught in the pre-merger business school, which is housed in a modern building near the city-centre university campus. Facilities at the school are good. MBA students have their own lecture rooms, group rooms, bar and restaurants, library and IT facilities. MBS’s 35,000-volume man-agement library is considered to be one of the best in Europe. There are plenty of PCs and the school has its own language centre. There is no on-campus accommodation (except for some incoming exchange students), but reasonably priced accommodation within commuting distance is available. Full-time MBA Worldwide MBAStudent assessment of facilities 4.0 (100) –

FacultyNumber of faculty: 42 full-time, 2 part-time, 4 visiting Full-time MBA Worldwide MBANumber of faculty per student 0.4 (76) 24


Student rating of faculty 3.9 (>100) –

Programme highlightsThe MBS 18-month full-time MBA programme is based on a diploma/MBA system and is preceded by a mandatory (unassessed) four-week introductory module. The first two terms, effectively the core, make up the diploma stage and consist of 13 courses, a range of personal and career development workshops and two projects; three further terms, including the summer, make up the MBA stage, which offers a var-ied menu of assessed internship, study tours to Europe and Asia, electives and an international project. Only the ten-week international business project is mandatory. Students choose from the other options to make up the required credits. The programme reflects MBS’s heavy emphasis on project work—the so-called “Manchester method”.

A new part-time programme, the Worldwide MBA, started in September 2007. It is a flexible pro-gramme that can be completed in six trimesters over 24 months though students can take up to five years. It consists of eight core modules, four elective modules and three projects. Modules are delivered

Manchester Business School

Address:

Booth Street WestManchesterUKM15 6PB

Tel:+44 161 275 6529

Fax:+44 161 275 5862


Website:www.mbs.ac.uk

Programme director:Andrew Stark





Part 2The directory

Manchester Business School

using a blend of self-study, online learning, collaborative working and face-to-face workshops at MBS over a three-day period.

Manchester also offers a range of specialised MBA programmes using a similar mix of online learning and face-to-face workshops. Full-time MBA Worldwide MBAStudent rating of programme 4.1 (89) –



Students

Full-time MBA Worldwide MBAAnnual intake 104 –







Average age 29 33



Full-time MBA Worldwide MBANumber of industry sectors that recruited graduates 6 (79) –






Principal recruiters of graduates SITA UK, KPMG, Johnson & Johnson –

Cost

Full-time MBA Worldwide MBAApplication fees – –








Application details

Full-time MBA Worldwide MBAApplication deadline June 30th October 31st

Programme dates Sep start, 18 months Jan start, 36-60 months


Accreditation



“The practical approach followed is really effective in developing skills and teaching the course contents.”

“The facilities are ok but nothing more.”


Strengths: international business, marketing, entrepreneurship and innovation

Weakness: facilties


references; essays


laptop


Part 2The directory


BackgroundMannheim Business School is generally reckoned to be Germany’s leading business school. It says its goal is to strengthen its position among the top 40 business schools internationally and the top ten in Europe by 2010. Although the school was created only in 2005 (the MBA dates from 2002), it is closely connected to the School of Business Administration at the University of Mannheim, both of which were founded in 1907. The school has an excellent record in research and teaching and good links with business.

FacilitiesThe Mannheim University campus, where the school is based, is located in one of Europe’s largest baroque castles in the centre of Mannheim. Facilities are good and up-to-date, although the school is investing heavily in renovation work. Full-time MBA ESSEC & Mannheim Executive MBAStudent assessment of facilities 4.0 (50) –

FacultyNumber of faculty: 61 full-time, 10 part-time, 5 visiting Full-time MBA ESSEC & Mannheim Executive MBANumber of faculty per student 1.9 (24) 1.9



Programme highlightsMannheim’s one-year full-time MBA is taught over four terms. Core courses are taught in the first and second terms and electives in the third (with some in the second term), and the fourth term consists of a team project. There is an emphasis on case studies and intercultural group working. Careers services workshops run throughout the programme. The programme is offered in four tracks, or variations, which involve spending up to two terms at business schools in Europe, North America or Asia or remaining for a full year on the Mannheim campus.

An Executive MBA is offered in collaboration with ESSEC in Paris. The programme can be studied either in a weekend format (Fridays and Saturdays twice a month) on the ESSEC or Mannheim campuses over 19 months or in an 18-month modular format, with four six-day modules in Paris and four six-day modules in Mannheim. Both formats include residencies and international study trips. Full-time MBA ESSEC & Mannheim Executive MBAStudent rating of programme 4.3 (34) –



Mannheim Business School

Address:

L 5,6MannheimGermanyD-68131

Tel:+49 621 181 1476

Fax:+49 621 181 1278


Website:www.mannheim-business-school.com

Programme director:Dr Sabine Kuester





Part 2The directory

Mannheim Business School

Students

Full-time MBA ESSEC & Mannheim Executive MBAAnnual intake 36 41







Average age 29 36



Full-time MBA ESSEC & Mannheim Executive MBANumber of industry sectors that recruited graduates 7 (4) –






Principal recruiters of graduates BASF, McKinsey & Co, A.T. Kearney –

Cost

Full-time MBA ESSEC & Mannheim Executive MBAApplication fees – €150 (US$205)


Comments Total programme –

Accommodation costs (on campus, per year) €400 (US$548) –

Accommodation costs (off campus, per year) €400 (US$548) –



Criteria on which aid is granted Merit, need, gender –

Application details

Full-time MBA ESSEC & Mannheim Executive MBAApplication deadline May 31st –





Accreditation



“The three country track is extremely valuable, no other school allows us to have experiences in three different places. This is a unique programme.”

“There is not really a coherent curriculum.”


Strengths: marketing, finance, economics

Weakness: programme structure






Part 2The directory


BackgroundThe University of Maryland’s Robert H Smith School of Business focuses on management information systems and managing in a technological age. As well as teaching undergraduate and graduate business programmes, the school is closely involved with the Maryland–Washington DC–Northern Virginia cor-porate and government nexus through consulting, research and executive education. The Smith School is one of 14 colleges and schools of the University of Maryland and has an ambitious plan for global recognition over the next few years. It is named after Robert H Smith, an alumnus and president of the Charles E Smith companies, following a US$15m endowment.

FacilitiesThe school is based in Van Munching Hall on the university’s large suburban campus. An extension to the building in 2002 doubled the size of the business school and brought most of the undergraduate and graduate classes under one roof. It contains classrooms, a café, a computer lab and interview rooms for recruiters. In 2007 a further US$21m expansion added more classrooms and offices. Some on-cam-pus accommodation is available. Full-time MBA Part-time MBA Executive MBAStudent assessment of facilities 4.3 (50) – –

FacultyNumber of faculty: 121 full-time, 19 part-time, 2 visiting Full-time MBA Part-time MBA Executive MBANumber of faculty per student 1.0 (25) 0.4 4.6



Programme highlightsSmith’s two-year full-time MBA is a fairly traditional programme. The first year consists of 12 required courses, a choice of “selective” courses in globalisation or technology and optional courses during a three-week winter semester. Also included are soft skills and a strong emphasis on group in-company projects. The second year consists of electives, which can be grouped into functional disciplines or taken across a wider area. Second-year students also have the opportunity to take part in the MBA consulting project, a team-based in-company consultancy exercise.

The Evening MBA and Weekend MBA share the same curriculum as the full-time programme. The Evening MBA is offered at three locations in the Greater Baltimore/Washington DC area. Classes are held Monday–Thursday in the evening and elective classes usually once a week. The programme takes 30–36 months to complete. The Weekend MBA is offered at the Ronald Reagan Building in Washington DC. An accelerated 15-month version of the part-time MBA is available.

Classes in the 18-month Executive MBA are held all day Friday and Saturday every other weekend. The programme is also offered in Beijing and Shanghai.

University of Maryland—Robert H Smith School of Business

Address:

2308 Van Munching HallUniversity of MarylandCollege Park, MDUS20742

Tel:+1 301 405 9466

Fax:+1 301 314 7973


Website:www.rhsmith.umd.edu

Programme director:Christine La Cola





Part 2The directory

University of Maryland—Robert H Smith School of Business

Full-time MBA Part-time MBA Executive MBAStudent rating of programme 4.4 (34) – –



Students











Full-time MBA Part-time MBA Executive MBANumber of industry sectors that recruited graduates 8 (4) – –






Principal recruiters of graduates Campbell Soup Co, – – Deloitte, IBM

Cost







Type of aid available Scholarships, fellowships – –


Application details

Full-time MBA Part-time MBA Executive MBAApplication deadline April 30th June 1st October 1st

Programme dates Aug start, 21 months Aug start, 33 months Nov start, 18 months




Accreditation



“Smith’s collaborative environment and dedicated professors make it a great programme for students who are looking for a strong business foundation as well as for students looking to further their career.”

“Need to bring in top tier career recruitment programmes.”


Strengths: global business, entrepreneurship, finance

Weakness: careers services



laptop; letter of employer sponsorship

First degree; work experience; TOEFL or IELTS; 2 references;

3 essays

First degree; work experience; TOEFL or

IELTS; references; 3 essays


Part 2The directory


BackgroundMassachusetts Institute of Technology (MIT) started to offer business training for engineers in 1914. In 1931, with the support of Alfred P Sloan Jr, chairman of General Motors and an alumnus, MIT created the Sloan Fellows Program, becoming the world’s first provider of university-based executive education. In 1952, Sloan established the MIT School of Industrial Management and in 1964 the school was named in his honour.

The Sloan School is fairly small, with just over 1,000 students. Although MIT’s technological back-ground is reflected in the school’s programmes, they are not just for technical engineering under-graduates (though there are plenty of them). Sloan has always had a strong organisational and human resources department and aims to use the innovative techniques and creative thinking that come natu-rally to scientists and engineers to give managers a competitive edge. Sloan regards itself as a global school with a good international intake and wide-ranging contacts, notably in China.

FacilitiesMIT sits on the Cambridge side of the Charles River, just north of the historic city of Boston and within easy walking distance of downtown. The Sloan School is sited on the eastern edge of the campus, flank-ing the river, in a network of eight buildings. The whole of the MIT campus, including the Sloan School, is being refurbished and new buildings have been and will be added. Some on-campus accommodation is available. Full-time MBAStudent assessment of facilities 4.2 (72)

FacultyNumber of faculty: 102 full-time Full-time MBANumber of faculty per student 0.3 (>100)Percentage of faculty with PhD 100 (2)Student rating of faculty 4.6 (10)

Programme highlightsBeginning with an intensive two-week orientation, Sloan’s two-year full-time MBA packs a six-course core (including a communications course), a project, a finance or a marketing elective and a one-week “Sloan Innovation Period” (basically soft skills and leadership training) into the first semester. The rest of the programme is given over to electives, which students can structure as they wish.

MIT has merged its long-standing one-year full-time programme for experienced executives, the Sloan Fellows Program, with its Management of Technology Program to create the Sloan Fellows Pro-gram in Innovation and Global Leadership, a flexible one-year full-time or two-year part-time pro-gramme. Whichever option students take, they all spend the first 12 weeks of the programme together on a full-time basis.

Massachusetts Institute of Technology—MIT Sloan School of Management

Address:

50 Memorial DriveCambridge, MAUS02142

Tel:+1 617 253 7750

Fax:+1 617 253 5875


Website:mitsloan.mit.edu/mba/admissions/

Programme director:Deborah Berechman





Part 2The directory

Massachusetts Institute of Technology—MIT Sloan School of Management



Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 98.7 (8)Percentage of graduates finding jobs through careers services n/aStudent rating of careers service 3.9 (25)Post-MBA salary, US$ 107,990 (25)Percentage increase in salary 58 (84)Principal recruiters of graduates McKinsey & Co, Bain & Co, Boston Consulting Group

Cost Full-time MBAApplication fees US$230Programme fees US$44,556Comments –Accommodation costs (on campus, per year) US$10,000Accommodation costs (off campus, per year) US$10,000Financial aid available US$27mType of aid available Scholarship, fellowship, loans, federal work study, teaching assistantshipsCriteria on which aid is granted –

Application details Full-time MBAApplication deadline January 15thProgramme dates Sep start, 18 monthsAdmission requirements First degree; references; 5 essays; interview by invitation



Accreditation



“MIT Sloan has a great combination of intellectual rigour, international and diverse students, and a strong entrepreneurial spirit with ties to the MIT as a whole.”

“Facilities are not the best, but a new building is being built.”


Strengths: entrepreneurship/technology, finance, operations/general management



Part 2The directory


BackgroundMelbourne Business School dates back to 1955 and started its MBA programme in 1963. The school is a private limited company (jointly owned by the University of Melbourne and Australian businesses) and has excellent links with business (many executives sit on its board of directors), which has largely financed its growth in recent years. The school controls all academic matters. In 2004 MBS merged with Mt Eliza Business School (now Melbourne’s executive education centre) to make it the biggest school in Australia.

FacilitiesThe school’s building in Melbourne is spacious and impressive with good facilities. It is a ten-minute walk from the downtown business area and borders the southern edge of the university’s extensive campus. There are plenty of cafés and shops in the surrounding district of Carlton, which has a strong Italian influence. Accommodation in Carlton is plentiful and reasonably cheap. Facilities for executive education are based both in downtown Melbourne and at Mt Eliza’s facilities in Victoria. The school also has facilities in Sydney and Beijing. Full-time MBA Part-time MBAStudent assessment of facilities 4.6 (29) –




Programme highlightsMelbourne’s full-time MBA can be completed in 16 or 20 months. The 20-month version can be taken with or without an internship (the latter is slightly less intensive). The 16-month programme has no internship and starts in January or September; the 20-month programme starts in September. Classes are taught over a 13-week, three-term year. The programme is split equally between ten core courses and ten electives, which can be taken across a broad range or grouped into specialisations. About one-third of students can go on exchange visits, which take place in the September term.

The part-time MBA is similar to the full-time version. Students generally complete the programme in three years and study two courses per term, but this is flexible. Part-time students can apply to convert to full-time study in January or September if they have completed the core courses.

The 14-month Executive MBA consists of four one-month fully residential taught modules, the sec-ond of which is held in America, Europe and China.

Melbourne Business School–University of Melbourne

Address:

200 Leicester St.CarltonAustralia3053

Tel:+ 61 3 9349 8283

Fax:+ 61 3 9349 8377


Website:www.mbs.edu

Programme director:Jennifer George



Increase in salary 45Increase in salary 24Post-MBA salary 59Potential to network 27Breadth of alumni network n/aInternationalism of alumni 25Alumni effectiveness 40


Part 2The directory

Melbourne Business School–University of Melbourne




Students



Percentage of women students 37 (33) 36%

Percentage of foreign students 70 (44) 45%




Average age 30 32









Principal recruiters of graduates Booz Allen Hamilton, – IBM, Johnson & Johnson

Cost



Comments – –



Financial aid available A$1.2m(US$1m) –


Criteria on which aid is granted Merit, diversity –

Application details

Full-time MBA Part-time MBAApplication deadline September 30th November 30th





Accreditation



“The knowledge of the lecturers is fantastic, and they have a lot of real world knowledge to bring to the classroom.”

“The number of students limits the number of electives on offer compared to European and American business schools.”



Weaknesses: limited number of electives


TOEFL or IELTS; references; 3 essays; interview


3 essays; laptop; interview


Part 2The directory


BackgroundThe University of Michigan Business School was founded in 1924 and is a world leader in business edu-cation at all levels: undergraduate, graduate and executive (a particularly strong area). The school has a keen interest in action learning techniques and this is apparent in degree and executive courses. Through its executive education arm, the school has unusually good links with industry, especially the automobile industry. This is not surprising given its location near Detroit. It does not, however, special-ise in the motor industry.

In 2004 Stephen M Ross, a New York real-estate developer and undergraduate alumnus, donated US$100m to the school. In recognition it was renamed the Stephen M Ross School of Business.

FacilitiesThe business school campus currently comprises seven interconnected buildings surrounding the Alessi Courtyard and the Executive Residence Patio. The entire complex occupies a city block on the south-ern tip of the university campus. The school is well equipped with large classrooms, study rooms, com-puter labs and a 211,000-volume library (one of the biggest business libraries in the country). A new US$145m 270,000 sq ft building is scheduled to open in autumn 2008. Some on-campus accommoda-tion is available, but most students prefer to live in the university town of Ann Arbor, even though hous-ing there can be expensive. Full-time MBA Evening MBA Executive MBAStudent assessment of facilities 4.4 (28) – –

FacultyNumber of faculty: 83 full-time, 37 part-time, 3 visiting Full-time MBA Evening MBA Executive MBANumber of faculty per student 0.2 (98) 0.6 1.2



Programme highlightsRoss’s two-year full-time MBA consists of nine core courses and one optional elective in the first year and elective courses in the second year. Students also participate in a required seven-week Multidis-ciplinary Action Program (MAP), a real-life team case study within a company that rounds off the first year. Electives can be drawn from a variety of areas or grouped into concentrations. All students must fulfil requirements in ethics, law, writing and internationalism. Executive skills workshops run through-out the programme.

The structure of the part-time Evening MBA programme varies slightly from the full-time version, although the degree awarded is exactly the same. The main difference is that there is no MAP. The pro-gramme is generally completed in four years. Classes are held in three locations: at the main campus in Ann Arbor; and at two satellite campuses at Dearborn and Southfield.

The 20-month Executive MBA starts with a ten-day residency in Ann Arbor at the beginning of each

University of Michigan—Stephen M Ross School of Business

Address:

701 Tappan Ann Arbor, MIUS48109

Tel:+1 734 936 2150

Fax:+1 734 647 2401


Website:www.bus.umich.edu

Programme director:Soojin Kwon Koh





Part 2The directory

University of Michigan—Stephen M Ross School of Business

year. Students then take courses on campus for two-day weekends (Friday and Saturday) approximately every four weeks. Between residencies there is Internet-based learning and team collaboration. A typi-cal workload requires participants to study for 15–20 hours a week.

Ross also offers a corporate Global MBA, similar to its regular MBA but not for open enrolment. Full-time MBA Evening MBA Executive MBAStudent rating of programme 4.5 (5) – –



Students











Full-time MBA Evening MBA Executive MBANumber of industry sectors that recruited graduates 8 (4) – –






Principal recruiters of graduates Microsoft, McKinsey & Co, – – Boston Consulting Group

Cost



Comments Per year – Total programme. US$120,000 for in-state students






Application details

Full-time MBA Evening MBA Executive MBAApplication deadline March 1st May 15th May 1st

Programme dates Sep start, 20 months Sep start Aug start, 21 months




Accreditation



“Great alumni network and alumni support, rigorous curriculum, enthusiastic students.”

“There could be more of a focus on global issues in the core classes. That said, there are tons of opportunities to explore international issues once you are taking electives.”


Strengths: finance, marketing, general management

Weakness: lack of international content in core

First degree; references; 4 essays;

interview by invitation

First degree; 2 references; 4 essays; interview by invitation

First degree; at least 10-15 years’ work experience;

TOEFL; 3 references; 4 essays; interview; laptop


Part 2The directory


BackgroundFounded in 1919, Carlson School of Management at the University of Minnesota is a big, full-range traditional US school with more than 3,500 students and over 100 faculty. It has strong links with the vibrant local business community, which is closely involved with the school and a keen recruiter. The school has ambitions to promote its global coverage (it has alumni in nearly 70 countries, for example) and is building international links.

FacilitiesThe school is based in a 243,000 sq ft building (opened in 1998) with excellent facilities, including 33 classrooms, 35 meeting rooms, a 180-seat lecture hall and a 250-seat auditorium. The Wilson Library is next to the business school, providing access to 500,000 publications as well as online databases and publications. The construction of a new undergraduate centre is scheduled to be completed in 2008. On-campus accommodation is available. Full-time MBA Part-time MBA Executive MBA Student assessment of facilities 4.1 (74) – –

FacultyNumber of faculty: 135 full-time, 122 part-time Full-time MBA Part-time MBA Executive MBA Number of faculty per student 2.1 (4) – 4.5



Programme highlightsCarlson’s two-year full-time MBA begins with an integrated core and personal development workshops. Semesters are divided into two seven-week terms. In the second semester students start work on elec-tives, which can be grouped into career-based specialisations called Professional Portfolios. The second year consists of further electives, including the Enterprise Program, a chance for selected students to run their own businesses. Carlson is closely involved with the local business community and students meet executives throughout the programme.

The part-time MBA programme has a similar core, elective structure and content to the full-time version. Classes are held once a week (Monday to Thursday evenings and Saturday) and students are allowed seven years to complete the programme, but most finish in about half that time.

The 21-month Executive MBA has a traditional structure. Classes meet on campus on Friday and Sat-urday every two weeks during term time. There are residential sessions at the beginning of each year and an overseas study trip at the end of the programme.

Carlson offers versions of the EMBA, The Global Executive MBA, in co-operation with local partners in Guangzhou, China, Vienna and Warsaw.

University of Minnesota—Carlson School of Management

Address:

321 19th Ave SSuite 4-300Minneapolis, MNUS55455

Tel:+1 612 625 1587

Fax:+1 612 624 6374


Website:www.carlsonmba.umn.edu

Programme director:Kathryn J Carlson


Open new career opportunities 61Diversity of recruiters >100Number in jobs three months after graduation 14Jobs found through the careers service 40Student assessment of careers service 46Personal development/educational experience 65Faculty quality 14Student quality 74Student diversity 69Education experience 74



Part 2The directory

University of Minnesota—Carlson School of Management

Full-time MBA Part-time MBA Executive MBA Student rating of programme 4.1 (91) – –



Students







Age range of students – – 31-46




Full-time MBA Part-time MBA Executive MBA Number of industry sectors that recruited graduates 5 (>100) – –






Principal recruiters of graduates Medtronic, – – Cummins, General Mills

Cost

Full-time MBA Part-time MBA Executive MBA Application fees US$60 US$60 US$60


Comments Total programme Per unit Total programme






Application details

Full-time MBA Part-time MBA Executive MBA Application deadline April 15th May 1st April 1st

Programme dates Sep start, Sep start, 43 months Sep start, 22 months (on average) 18 months


Accreditation



“Small class size, high quality education, great ties to local businesses and community.”

“There is a lack of presence outside of Minneapolis.”


Strengths: consulting and strategy, finance, marketing

Weakness: regional focus


TOEFL; references; essays


TOEFL; references; essays; laptop

Work experience; TOEFL


Part 2The directory


BackgroundThe International University of Monaco (IUM) is small and international with a commitment to practical business: many classes are taught by practising executives and many of the small in-house faculty have extensive business experience. IUM is a full-range (undergraduate and masters) business university but will probably remain small, in common with its location in the tiny principality of Monaco, which is seen as a niche strength. Though undoubtedly exotic, the surrounding area of the Côte d’Azur has become a leading centre for international business, and the IUM exploits this through specialisations in areas such as luxury goods and hedge funds.

FacilitiesThe IUM occupies three floors of the office complex of the Louis II sports stadium in central Monaco, which is not as odd as it sounds. Facilities are good and include a real-time stock trading room. There is also a new complex for MBA students across the road that includes an auditorium, breakout rooms and a lounge area. There is no on-campus accommodation but help is available for students seeking housing. Monaco and the surrounding area are not as expensive as you might think. Full-time MBAStudent assessment of facilities 3.8 (>100)


Programme highlightsThe IUM’s ten-month MBA is firmly in the European tradition, being a short, intensive programme with a limited range of specialisations. It starts with three weeks of pre-programme training in financial accounting, economics and mathematics for students who need it. The programme proper begins with foundation courses and a supervised field study leading into the core. The specialisations offered (which involve a minimum of four elective courses) are wealth and asset management, luxury goods and serv-ices, international marketing and entrepreneurship. Students may substitute focused study for elective courses. These seminars concentrate on contemporary issues such as women in business, the business environment in microstates, especially Monaco, and developments in consulting skills and practice. A series of workshops and forums runs throughout the programme.

The 18-month Executive MBA is based on six five-day residential sessions in Monaco. Between ses-sions students stay in touch with the school and each other via the Internet. The programme starts in October and ends in March.

International University of Monaco

Address:

2, avenue Albert IIMC 98000 Monte-CarloPrincipality of Monaco

Tel:+377 97 985 726

Fax:+377 92 052 830


Website:www.monaco.edu

Programme director:Dr Mark Ingham



Increase in salary 17Increase in salary 26Post-MBA salary 23Potential to network >100Breadth of alumni network >100Internationalism of alumni 64Alumni effectiveness >100


Part 2The directory

International University of Monaco



Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 6 (78)Percentage of graduates in jobs 3 months after graduation 100 (1)Percentage of graduates finding jobs through careers services 85 (23)Student rating of careers service 3.4 (60)Post-MBA salary, US$ 108,219 (23)Percentage increase in salary 108 (26)Principal recruiters of graduates HSBC Investment Banking, Merrill Lynch, Ogilvy & Mather

Cost Full-time MBAApplication fees €100 (US$137)Programme fees €19,900 (US$27,260)Comments Total programmeAccommodation costs (on campus, per year) –Accommodation costs (off campus, per year) –Financial aid available €160,000 (US$219,178)Type of aid available ScholarshipsCriteria on which aid is granted Merit, industry/career specific and gender-based

Application details Full-time MBAApplication deadline July 1stProgramme dates Sep start, 10 monthsAdmission requirements First degree; at least three years’ work experience; GMAT; TOEFL, TOEIC or IELTS; references; 10 essays; international experience desirable



Accreditation



“Great international networking experience, high quality of education, friendly school environment.”

“There is a lack of space for students in classrooms and insufficient space for students to study and conduct group work.”


Strengths: international finance and banking, luxury goods and services, entrepreneurship

Weakness: lack of space


Part 2The directory


BackgroundThe Graduate School of Business was created in November 2004 as part of Monash University’s Faculty of Business and Economics. It brings together all the faculty’s MBA, specialised masters’ and doctoral programmes as well as executive education. Being part of a large business and economics faculty means that the school can draw on research strengths in the core areas of business, such as accounting and finance, economics, econometrics, marketing management, and business law and taxation. It also draws on other parts of the university to offer a diverse range of professional tracks as part of the MBA elective programme.

FacilitiesMonash has six campuses in Australia and a number of overseas centres. The MBA is based at the Caulfield campus, near Melbourne. It hosts a range of visual arts, educational and sporting events and has well-established links with industry, government and the local community. The MBA building on the Caulfield campus has good facilities with five lecture theatres for the exclusive use of MBA students, student lounges, seminar rooms and computer labs. Full-time MBA Part-time MBAStudent assessment of facilities 4.7 (11) –




Programme highlightsThe Monash MBA consists of 16 semester-length subjects based on six themes: strategy, personal devel-opment, innovation, relevance, internationalisation and technology. It starts with a personal skills development module, part of an extensive leadership programme, and there is an emphasis on person-al and professional development throughout the programme. There are ten foundation core subjects and six elective subjects. Electives can be taken across a range of subjects or grouped into professional tracks of four courses. Classes are held during the day and in the evenings. Full-time students can com-plete the programme in two years. Part-time students generally study two subjects per semester. Both versions can be accelerated by taking elective courses in summer and/or winter schools. Full-time MBA Part-time MBAStudent rating of programme 4.7 (12) –



Monash University—Graduate School of Business

Address:

MBA Programs27 Sir John Monash DriveCaulfield East, VictoriaAustralia3145

Tel:+61 3 9903 1807

Fax:+61 3 9903 1168


Website:www.monash.edu.au

Programme director:Peter Reed





Part 2The directory

Monash University—Graduate School of Business

Students


Applicants:places 7:1 1.7:1


Percentage of foreign students – –




Average age 31 35





Percentage of graduates finding jobs through careers services n/a (n/a) –




Principal recruiters of graduates ANZ Bank, Telstra, National Bank –

Cost

Full-time MBA Part-time MBAApplication fees A$100 (US$83) n/a


Comments Total programme Total program tuition fees




Type of aid available Scholarships, Dean awards, AusAid –


Application details

Full-time MBA Part-time MBAApplication deadline November 27th November 27th

Programme dates Feb start, 24 months Feb start, 48 months


Accreditation



“High quality teaching, well rounded core programme, international experts brought in for interesting specialist electives.”

“A lot of work is needed to get the Alumni running formally.”


Strengths: leadership and personal development, marketing, finance



references; interview; laptop; minimum 2 years managerial or

professional work experience


2 references


Part 2The directory


BackgroundNanyang Technological University (NTU) was formed in 1955 when Singapore was still a British colony. The university is big, with well over 25,000 undergraduate and graduate students. The business school (formally the School of Accountancy and Business) was created in 1990, and the MBA programme was launched in 1991 with help from MIT’s Sloan School of Management. The school is well connected with industry and business, both locally and internationally. There are lots of opportunities to meet business leaders, professionals and entrepreneurs via a good guest-speaker series.

FacilitiesThe school’s base is on NTU’s landscaped campus in Jurong, about 25 km from the city centre. The 200-hectare site contains more than 50 buildings. The campus is very well equipped, with wireless technolo-gy, an impressive library and good sports facilities. School facilities are excellent and include a financial trading room and an e-commerce laboratory for teaching and research. MBA students have their own wing. There is on-campus accommodation for more than 8,500 students. The school also has a down-town executive centre where some MBA teaching takes place. Full-time MBA Part-time MBAStudent assessment of facilities 4.5 (15) –




Programme highlightsNanyang’s MBA programme is flexible and can be taken full-time or part-time. The full-time version is normally completed in four trimesters (trimesters last around 13 weeks and there are three a year) and the part-time version in 6–8 trimesters. Full-time students normally take four courses per trimester and part-time students take two. Students can switch between full-time and part-time or vice versa at any point in the programme.

The programme is divided into nine core courses and seven electives. Electives can be grouped into specialisations or taken across a wide field as a General MBA. (Specialisations involve taking four func-tional subjects within that specialisation and up to two subjects from any area.) Students must also complete an individual or group dissertation, or an overseas business study mission (BSM, a short group overseas study tour), or two further electives.

Nanyang offers joint programmes with the University of St Gallen in Switzerland, ESSEC Business School in France and Waseda University in Japan.

The 18-month part-time Executive MBA is offered in Chinese or English versions. The English version requires attendance at six two-week sessions.

Nanyang Technological University—Nanyang Business School

Address:

Blk S3, Level B3, Nanyang AvenueSingapore639798

Tel:+65 6790 5681

Fax:+65 6791 3561


Website:www.nanyangmba.ntu.edu.sg

Programme director:Ooi Lee Lee





Part 2The directory

Nanyang Technological University—Nanyang Business School




Students








Average age 30 32









Principal recruiters of graduates Cisco, PricewaterhouseCoopers, OCBC Bank –

Cost

Full-time MBA Part-time MBAApplication fees S$50 (US$33) S$50 (US$33)

Programme fees S$29,000 (US$19,205) S$33,000 (US$21,854)


Accommodation costs (on campus, per year) S$4,800 (US$3,179) –

Accommodation costs (off campus, per year) S$8,400 (US$5,563) –

Financial aid available S$382,000 (US$252,980) –



Application details

Full-time MBA Part-time MBAApplication deadline March 31st March 31st

Programme dates Jul start, 16 months Jul start, 28 months


Accreditation



“Very structured and practical courses in finance and strategy, very good diversity, very good value for money.”

“It tends to favour more of finance and accounting specialisation, without putting equal focus on other specialisations like International Business or marketing.”


Strengths: accounting and finance, strategy and organisational behaviour, technology management


First degree; at least 2 years’ work experience; GMAT; TOEFL; references;

4 essays


4 essays; interview




Part 2The directory


BackgroundNewcastle University Business School was formed in 2002 following a university restructuring. It has nearly 100 faculty and staff, over 1,000 undergraduates and over 150 postgraduate students studying ten taught masters’ and research programmes. The university has been teaching management subjects since the 1920s and the MBA started in the 1980s. Newcastle has ambitions to become one of the top ten business schools in the UK.

FacilitiesThe school is housed in the 19th-century Armstrong Building. However, the main administrative head-quarters of the school and the MBA and other “flagship” masters’ programmes are now located in the new Citywall building off the main campus. Some of the school’s staff have moved into three floors of the complex but it has also retained its existing campus offices and teaching facilities. The university has a large, well-equipped library. Accommodation, in both the private rental sector and the university, is reasonably priced. Newcastle is a lively city with plenty of nightlife. Full-time MBA Executive MBAStudent assessment of facilities 4.4 (34) –




Programme highlightsNewcastle’s one-year full-time MBA is a typical European programme with a strong core, a range of electives and a final dissertation. The structure is modular, with ten core modules (including careers management and personal development) and three elective modules chosen from a varying list. After the taught sections, students undertake a research dissertation. Case studies and group work are used extensively and there is a good list of visiting speakers.

The part-time Executive MBA is taught in three-day blocks spread over 24–30 months. There is an international study trip at the end of each year. The programme ends with a dissertation. Managers are encouraged to bring work-based projects to the programme to assist the transfer of learning from the classroom to the workplace. Full-time MBA Executive MBAStudent rating of programme 3.7 (99) –



Newcastle University Business School

Address:

City Wall City Gate St James Boulevard Newcastle upon Tyne UK NE1 4JH

Tel:+44 191 243 0843

Fax:+44 191 243 0875


Programme director:Dr Lucy Lu


Open new career opportunities 83Diversity of recruiters 62Number in jobs three months after graduation 98Jobs found through the careers service >100Student assessment of careers service 27Personal development/educational experience 47Faculty quality 99Student quality 6Student diversity 78Education experience 66

Increase in salary 55Increase in salary 44Post-MBA salary 50Potential to network >100Breadth of alumni network >100Internationalism of alumni 75Alumni effectiveness 84


Part 2The directory

Newcastle University Business School

Students








Average age 29 34









Principal recruiters of graduates GE Capital, PricewaterhouseCoopers, – Procter & Gamble

Cost









Application details

Full-time MBA Executive MBAApplication deadline August 31st August 31st





Accreditation



“The curriculum offers a broad, coherent and comprehensive portfolio of modules.”

“Needs a better application of quantitative skills in real life situations.”


Strengths: innovation, human resources, finance and banking

Weakness: can be overly theoretical

First degree; at least 3 years’ work experience; IELTS; references;


First degree; at least 5 years’ work experience; IELTS; 2 references;

pre-application interview preferred


Part 2The directory


BackgroundThe Stern school is based in a large building in New York City’s Greenwich Village and has close links with the New York financial community. It is a full-range school with some 2,300 undergraduates, around 800 full-time MBA students and over 2,000 part-time MBA students. The school makes full use of its New York location and its guest-speaker series attracts some of the world’s leading executives. Finance is one of the main reasons people are attracted to Stern. The finance department is exceptional and is frequently at the forefront of knowledge of the latest techniques and concepts. However, the school also has strengths in other areas.

FacilitiesFacilities are excellent. The school occupies two buildings, the Henry Kaufman Management Center and Tisch Hall, which it shares with the undergraduate business programme. It also owns a number of apart-ments in the surrounding area for students to rent, including the nearby Palladium Residence Hall, which has studio and two-bedroom apartments, meeting and study areas, a sports centre and computer facil-ities for 120 Stern graduate students. Both Kaufman and Tisch have recently been extensively renovated. Full-time MBA Langone Program for Working ProfessionalsStudent assessment of facilities 4.4 (26) –

FacultyNumber of faculty: 168 full-time Full-time MBA Langone Program for Working ProfessionalsNumber of faculty per student 0.5 (68) 0.4



Programme highlightsStern’s two-year full-time MBA starts with eight required core courses (one taken in the second year), five of them chosen from a menu of seven offered. In the second year students can (but need not) follow up to three specialisations and complete the capstone core course, Professional Responsibility. A career development programme runs throughout the two years.

The part-time Langone Program is broadly similar to the full-time MBA. It can be completed in two years but most students take three years (the maximum allowed is six years). There are various options for class meetings and all take advantage of the flexibility of the Internet.

The two-year Executive MBA has two start dates: August and January. Classes are held on alternating Fri-days and Saturdays and the programme includes four one-week residencies: two in New York and two overseas.

The 16-month TRIUM Executive MBA is a joint programme with the London School of Economics (LSE) and HEC Paris (see page 164) and has five international learning locations. The programme

New York University—Leonard N Stern School of Business

Address:

44 West 4th StreetNew York, NYUS10012

Tel:+1 212 998 0917


Website:www.stern.nyu.edu/admissions

Programme director:Kim Corfman


Open new career opportunities 5Diversity of recruiters 4Number in jobs three months after graduation n/aJobs found through the careers service 14Student assessment of careers service 6Personal development/educational experience 49Faculty quality 78Student quality 33Student diversity 75Education experience 31



Part 2The directory

New York University—Leonard N Stern School of Business

includes ten residential weeks, divided into six one- or two-week modules held over a 16-month period. Modules are hosted at Stern (two modules), LSE and HEC Paris, as well as two other international busi-ness schools (chosen annually). Full-time MBA Langone Program for Working ProfessionalsStudent rating of programme 4.5 (13) –



Students

Full-time MBA Langone Program for Working ProfessionalsAnnual intake 370 455



Percentage of foreign students 32 (86) –



Age range of students – –

Average age – 28



Full-time MBA Langone Program for Working ProfessionalsNumber of industry sectors that recruited graduates 8 (4) –

Percentage of graduates in jobs 3 months after graduation n/a (n/a) –






Cost

Full-time MBA Langone Program for Working ProfessionalsApplication fees US$200 US$200


Comments Per year Per credit





Criteria on which aid is granted Merit- or credit-based –

Application details

Full-time MBA Langone Program for Working ProfessionalsApplication deadline March 15th March 15th

Programme dates Sep start, 21 months Sep start


Accreditation



“Finance is amazing. Riveting professors. I’d sit in for fun.”

“Should offer more strategy courses.”


Strengths: finance, marketing, entertainment

Weakness: strategy courses


interview; laptop

First degree; work experience; references;

essays; laptop


Part 2The directory


BackgroundKenan-Flagler Business School at the University of North Carolina at Chapel Hill began in 1919 as the Department of Commerce of the College of Arts and is one of the oldest accredited business schools in the US. It was renamed in 1991 following a gift from Frank Hawkins Kenan in honour of Mary Lily Kenan-Fla-gler, a philanthropist, and her husband, Henry Morrison Flagler. The school is medium-sized with nearly 700 undergraduate students, around 1,000 masters’ and doctoral students, and over 3,000 executive edu-cation participants. It has strong emphasis on general management, leadership and communications.

FacilitiesFacilities in the McColl building, where the school is based, are very good. All undergraduate and mas-ters’ programmes as well as students, faculty and staff are housed in the building, which is on the edge of the university campus. On-campus accommodation is available but most students live off campus in Chapel Hill. The university is in the middle of the booming Raleigh–Durham–Chapel Hill Triangle area, a part of North Carolina that has attracted many leading US companies. Executive education is based at the Paul J Rizzo Conference Center. Full-time MBAStudent assessment of facilities 4.4 (43)

FacultyNumber of faculty: 102 full-time Full-time MBANumber of faculty per student 0.4 (89)Percentage of faculty with PhD 95 (44)Student rating of faculty 4.6 (16)

Programme highlightsThe first-year core of Kenan-Flagler’s two-year full-time MBA comprises four modules in two semesters. First-year courses are made up of 14 core, including teamworking, communications and other exercis-es, three electives and required integrative exercises. Three “custom” core courses are chosen from six offered. Leadership Initiative, a portfolio of courses, runs throughout the programme. In the second year students can follow career concentrations (not mandatory) and/or enrichment concentrations, which cut across different career paths.

The Executive MBA is similar to the full-time programme and is offered in two versions, evening and weekend. Weekend MBA classes meet twice a month, all day Friday and Saturday. The 20-month programme begins in January. There are two mandatory residential Immersion Weeks and an optional international study tour. Evening MBA classes start in August and are held on campus on Monday and Thursday evenings over 24 months with two Immersion Weekends.

The school also offers OneMBA, a joint global programme designed for executives with at least seven years’ experience (see Rotterdam School of Management, page 264).

University of North Carolina at Chapel Hill—Kenan-Flagler Business School

Address:

CB 3490, McColl BuildingChapel Hill, North CarolinaUS27599-3490

Tel:+1 919 962 7235

Fax:+1 919 962 7732


Website:www.kenan-flagler.unc.edu/Programs/MBA/Apply/criteria.cfm

Programme director:David Hofmann





Part 2The directory

University of North Carolina at Chapel Hill—Kenan-Flagler Business School



Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (51)Percentage of graduates in jobs 3 months after graduation 93 (70)Percentage of graduates finding jobs through careers services 80 (31)Student rating of careers service 3.7 (38)Post-MBA salary, US$ 92,505 (54)Percentage increase in salary 75 (55)Principal recruiters of graduates Bank of America, Citi, Deloitte

Cost Full-time MBAApplication fees US$135Programme fees US$41,900Comments Per yearAccommodation costs (on campus, per year) US$9,355Accommodation costs (off campus, per year) US$9,355Financial aid available US$63,232Type of aid available Scholarships, grants, loansCriteria on which aid is granted Merit, need

Application details Full-time MBAApplication deadline March 28thProgramme dates Aug start, 21 monthsAdmission requirements First degree; at least 2 years’ work experience; TOEFL; references; 2 essays



Accreditation



“Excellent faculty, especially in finance and accounting.”

“Needs a broader array of electives.”


Strengths: marketing, finance, sustainable enterprise and entrepreneurship

Weakness: limited number of electives


Part 2The directory


BackgroundStarting as Northwestern University’s School of Commerce in 1908, Kellogg School of Management began in 1966 to focus exclusively on graduate studies. A commitment to student needs in every pro-gramme from the full-time MBA to executive courses, coupled with top-notch faculty and high-pow-ered staff, have created a unique and engaging culture at Kellogg and stimulated a lot of loyalty. MBA students and alumni are involved in interviewing every applicant and make a big contribution to run-ning the school just to make sure it stays that way. The school has a deserved reputation as a marketing powerhouse, but finance and general management are also popular majors.

FacilitiesFacilities at Kellogg are superb. MBA courses are based in the three-building Donald P Jacobs Center and executive courses in the James L Allen Center. All classrooms were renovated in 2004, and there were further renovations in the lobby in 2006. Some MBA student residences are available in the nearby McManus Living-Learning Center, but most students find apartments easily enough in Evanston, a pleas-ant city bordering Lake Michigan about 30 minutes’ drive north of downtown Chicago. Full-time MBA Part-time MBA Executive MBAStudent assessment of facilities 4.2 (53) – –




Programme highlightsKellogg’s two-year (“the 2Y”) full-time MBA curriculum is taught over six quarters with the first two quarters largely taken up by nine traditional core courses (students also take a half-credit course during orientation). Courses can be waived and replaced by electives. Group work pervades every aspect of the curriculum, and most students spend all their time in small groups.

Students take 15 electives (at least one of which must be in the international area) and are encour-aged to take several majors (95% take at least two). As well as the major business disciplines, Kellogg offers eight career-related professional fields of study.

Students with undergraduate business degrees (or those who have completed a set of specified busi-ness courses) can complete the programme in one year (“the 1Y”). During the summer quarter, they take catch-up courses and then join the second year to take at least 11 additional courses.

The part-time Manager’s Program (PMP) is largely similar in content and teaching to the full-time MBA. Classes meet at Northwestern’s downtown Chicago campus either one evening a week or on Satur-days. The programme, which can start in any quarter, can be completed in two and a half to five years.

The two-year Kellogg EMBA comes in a number of formats. The Regional Program for students living

Northwestern University—Kellogg School of Management

Address:

Donald P. Jacobs Center2001 Sheridan RoadEvanston, ILUS60208

Tel:+1 847 491 5446

Fax:+1 847 467 3140


Website:www.kellogg.northwestern.edu

Programme director:Dipak C Jain





Part 2The directory

Northwestern University—Kellogg School of Management

in the Chicago area meets on campus one day a week, alternating Fridays and Saturdays, throughout the academic year and students participate in a one-week Live-In session at the beginning of each academic year. The North American Program (NAP) for long-distance students has two start dates in September and January. Classes meet on alternate weekends (Friday afternoon, all day Saturday and Sunday morn-ing). All classes are held at Kellogg’s executive education facility, the James L Allen Center, where NAP students are accommodated. Each year begins with a six-day residential block at Kellogg.

Kellogg also offers an EMBA in downtown Miami and a Global EMBA in co-operation with schools in Israel, Germany, Hong Kong and Canada. Full-time MBA Part-time MBA Executive MBAStudent rating of programme 4.5 (7) – –



Students Full-time MBA Part-time MBA Executive MBAAnnual intake 636 355 219

Applicants:places – – –





Age range of students 26-31 – 31-45



Recruiters/careers service Full-time MBA Part-time MBA Executive MBANumber of industry sectors that recruited graduates 8 (48) – –






Principal recruiters of graduates McKinsey & Co, Bain & Co, – – Boston Consulting Group

Cost Full-time MBA Part-time MBA Executive MBAApplication fees US$225 US$185 US$150


Comments Per year for two-year Per credit Per year, North American students. US$62,388 and Miami programmes. for one-year students Regional programme is US$67,500 per year






Application details Full-time MBA Part-time MBA Executive MBAApplication deadline March July 18th –





Accreditation



“The esprit de corps of Kellogg is one of its main selling points, but I was impressed to discover that it exceeded even my already high expectations.”

“Some of the faculty are stellar, but often you will get a grad student just out of their PhD programme teaching a core course. As a result, there is a lot of variability in quality.”


Strengths: general management, finance, marketing

Weakness: some inexperienced professors


references; 4 essays; interview may be required


interview


interview; laptop


Part 2The directory


BackgroundThe Norwegian School of Management BI (NSM) is a private, non-commercial foundation set up 1943. It is Norway’s third largest educational institution and the largest provider of education in economics, business administration and management in Europe. It has more than 18,000 students, over half of whom are part-time, involved in undergraduate, specialist masters’, MBA and doctoral programmes. Most are Norwegians and other Scandinavians but a growing number come from other parts of the world. The NSM has good links with business.

FacilitiesIn 2005 the NSM moved into a new building, designed by Nils Torp, one of Norway’s most famous archi-tects. The glass-walled building is divided into three blocks: undergraduate, graduate and executive. It contains 20 lecture theatres, 28 classrooms and 1,200 assigned spaces for individual study. The total available area is 50,000 sq m over six floors, housing 8,000 students and 600 employees. Full-time MBA Executive MBAStudent assessment of facilities 4.6 (n/a) –

FacultyNumber of faculty: 18 full-time, 5 part-time Full-time MBA Executive MBANumber of faculty per student 1.2 (n/a) 0.9



Programme highlightsThe NSM’s one-year full-time MBA has an emphasis on emerging markets, particularly China, and strat-egic leadership. Students take 14 core courses, four of which— Doing Business in China, Chinese Politi-cal Economy, Strategic Marketing in China, Supply Chain Management—are taught during the module at Fudan. The programme also includes elective courses and an in-company team-consulting experience where students study and report on an issue of major importance to an organisation.

The Executive MBA is run in co-operation with ESCP–EAP in France. The programme consists of 15 short modules (Wednesday afternoon to Saturday lunchtime) over 18 months, four of them at a different ESCP European campus, with distance-learning elements between modules and five one-week international seminars.

The NSM is involved in a part-time English-language MBA programme in China in co-operation with Fudan University. Full-time MBA Executive MBAStudent rating of programme 4.1 (n/a) –



Norwegian School of Management BI

Address:

Nydalsveien 37OsloNorway0484

Tel:+47 46 41 00 83

Fax:+47 46 41 00 89


Website:www.bi.no/mba

Programme director:Pål E Korsvold



Part 2The directory

Norwegian School of Management BI

Students








Average age 30 39



Full-time MBA Executive MBANumber of industry sectors that recruited graduates 5 (n/a) –







Cost

Full-time MBA Executive MBAApplication fees n/a n/a

Programme fees NKr225,000 (US$38,396) NKr285,000 (US$48,635)

Comments – –

Accommodation costs (on campus, per year) NKr47,000 (US$8,020) –

Accommodation costs (off campus, per year) NKr66,000 (US$11,263) –




Application details

Full-time MBA Executive MBAApplication deadline May 1st November 15th

Programme dates Sep start, 11 months Jan start




Accreditation



“You profit from extremely intense learning in a small group where people support and learn from each other in a practical way.”

“Not enough effort to build strong alumni network.”


Strengths: strategy, finance, marketing



references; essay




Part 2The directory


BackgroundEstablished in 1921, with antecedents going back to 1913, Mendoza is a full-range school with over 2,000 students at undergraduate and postgraduate level. It offers undergraduate degrees in accountancy, finance, management, management information systems and marketing, graduate degrees in business administration (MBA), accountancy and non-profit management, and executive education programmes.

Like its parent university, Mendoza is a Catholic institution (although there are no restrictions on entry) with a strong ethical foundation. In this way it is similar to Spanish schools such as IESE and offers an added dimension for many students. The college is named after undergraduate alumnus Tom Mendoza and his wife Kathy, who in 2000 donated US$35m.

FacilitiesThe college occupies a modern, four-building complex that includes a multimedia amphitheatre, a com-puter lab, a two-story MBA lounge and team rooms equipped with networked computers. On-campus accommodation is available. Although executive programmes and undergraduate business majors also use the complex, there is a separate wing for the MBA programme’s classrooms and administration. Full-time MBAStudent assessment of facilities 4.5 (31)


Programme highlightsMendoza’s two-year full-time MBA is taught over four semesters, each divided into two and separated by week-long “interterm intensive” classes that permit students either to concentrate full-time on a particu lar topic or problem, or, when coupled with a break week, to opt for two-week study sessions in Europe and China. Students take 13 core courses (including ethics) and three electives in the first year. The second year is given over to electives (including communications and ethics electives) and concen-trations.

A one-year MBA programme allows students who hold undergraduate degrees from accredited North American business programmes to earn the degree in 11 months. They take an intensive ten-week sum-mer semester in core disciplines and then move directly into the second year of the two-year programme.

Mendoza’s main 21-month Executive MBA is delivered on campus and in Cincinnati. Classes are held once a month, Wednesday–Saturday, for four semesters. There are three one-week residencies on cam-pus and a one-week international study tour.

The EMBA is also offered as a 17-month classroom-based programme in downtown Chicago. Classes

University of Notre Dame—Mendoza College of Business

Address:

204 Mendoza College of BusinessUniversity of Notre DameNotre Dame, INUS46556

Tel:+1 574 631 9590

Fax:+1 574 631 4825


Website:mba.nd.edu

Programme director:Dr Edward J Conlon





Part 2The directory

University of Notre Dame—Mendoza College of Business

are held all day Friday and Saturday on alternating weekends. The programme lasts from January to May of the following year and includes four one-week residencies at Notre Dame’s campus and an optional one-week international study tour. Full-time MBAStudent rating of programme 4.4 (47)Number of overseas exchange programmes 1 (95)Number of languages on offer 6 (5)


Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 99 (9)Percentage of graduates finding jobs through careers services 75 (33)Student rating of careers service 3.7 (61)Post-MBA salary, US$ 85,746 (76)Percentage increase in salary 95 (9)Principal recruiters of graduates IBM, United Airlines, Huron Consulting Group

Cost Full-time MBAApplication fees US$100Programme fees US$36,015Comments –Accommodation costs (on campus, per year) US$7,650Accommodation costs (off campus, per year) US$8,400Financial aid available US$11.6mType of aid available Fellowships, loans, TA/GA positionsCriteria on which aid is granted Merit

Application details Full-time MBAApplication deadline May 1stProgramme dates Aug start, 21 monthsAdmission requirements First degree; at least 2 years’ work experience; TOEFL; references; 3 essays; interview; laptop



Accreditation



“The alumni network is always willing to go well beyond the call of duty to help out the ND family.”

“Notre Dame is quite far from large centres, unlike most other ranked schools.”


Strengths: finance, marketing, consulting

Weakness: location


Part 2The directory


BackgroundNottingham University Business School is a full-range school teaching a variety of undergraduate, post-graduate and doctoral programmes. It has excellent ratings for both teaching and research, and there are a number of specialist research institutes, notably in entrepreneurship. As well as its own faculty, it draws academics and expertise from the rest of the university, offering students a good choice. The school has good links with industry through research, consulting work and sponsored chairs.

FacilitiesMBA classes moved to a new building in 2004 on the university’s modern Jubilee campus. It includes well-equipped computer labs, video-conferencing and audio-visual provision, wireless networking, a business library, lecture theatres, MBA breakout and seminar rooms, an MBA common room and resource room, and a café opposite the library. On-campus accommodation is available. The university campus is close to the centre of Nottingham, a thriving commercial and cultural city and capital of the East Midlands region. Full-time MBA Part-time MBA Executive MBAStudent assessment of facilities 4.0 (71) – –




Programme highlightsThe Nottingham MBA is a strong, UK-style programme. The school has gone further than most in the pro-vision of specialised MBAs, offering several different programmes through a variety of delivery routes.

The one-year full-time General MBA programme is divided into three terms. Students take eight traditional core courses and a series of electives. They then complete either group or individual in-company projects, culminating in written reports and oral presentations to the companies, or an individual dissertation.

The part-time programmes are identical to the full-time versions and to an extent are taught along-side them. Students can take 2–4 years to complete their degree. They must attend the school when core and elective courses are being held. Core subjects are normally offered twice during an academic year, once during the day and once in the evening. Most elective subjects are taught in the evening at least every two years. Students must complete group and individual projects or an individual dissertation.

The Executive MBA consists of 12 one-week block modules, seven core modules and five electives, followed by a dissertation. A public-sector variant involves nine core modules, including two public services modules and three elective modules. The programme is open to sponsored and self-sponsored students and can be tailored as a company programme.

Nottingham University Business School

Address:

Jubilee CampusNottinghamUnited KingdomNG8 1BB

Tel:+44 115 846 6974


Website:www.nottingham.ac.uk/business

Programme director:Bob Berry


Open new career opportunities 99Diversity of recruiters >100Number in jobs three months after graduation 67Jobs found through the careers service n/aStudent assessment of careers service 94Personal development/educational experience 43Faculty quality 66Student quality 35Student diversity 17Education experience 94



Part 2The directory

Nottingham University Business School

Full-time MBA Part-time MBA Executive MBAStudent rating of programme 3.9 (100) – –



Students











Full-time MBA Part-time MBA Executive MBANumber of industry sectors that recruited graduates 4 (>100) – –


Percentage of graduates finding jobs through careers services n/a (n/a) – –




Principal recruiters of graduates KPMG, Carillion, EDS – –

Cost

Full-time MBA Part-time MBA Executive MBAApplication fees – – –


Comments






Application details

Full-time MBA Part-time MBA Executive MBAApplication deadline – – –

Programme dates Sep start, 12 months Jan start, 24-48 months Jan start, 24-48 months




Accreditation



“It is a good programme with the right mix of globalisation and a strong focus on ethics and CSR.”

“Expected careers services to be more personalised and cutting edge.”


Strengths: finance, corporate social responsibility, entrepreneurship


Total programme; £18,500 (US$37,000) for overseas

students

Total programme; £18,500 (US$37,000) for overseas students

Total programme; £18,500 (US$37,000) for overseas students


IELTS; references; essay


experience; TOEFL or IELTS; 2 references;

essay; interview


experience; TOEFL or IELTS; 2 references;

interview


Part 2The directory


BackgroundNyenrode is the only private university in the Netherlands and one of the first to be financed by the business community (it was founded in 1946 by Shell, Unilever and Philips among others). The school retains excellent links with industry and prides itself on close student–faculty relations.

FacilitiesThe large wooded campus on the Nyenrode estate is in Breukelen on the River Vecht. It consists of sev-eral modern buildings and a 13th-century moated castle, which is used mainly for administration. There are extensive facilities for MBA students, with lecture rooms, good group workrooms and first-class computer facilities. Students live on campus to strengthen the community atmosphere. On-campus sports and restaurant facilities are good and there is a well-equipped library. Full-time MBA Part-time MBAStudent assessment of facilities 4.2 (78) –


Percentage of faculty with PhD 62 (>100) 62


Programme highlightsNyenrode’s 13-month full-time International MBA programme is divided into eight blocks. These include core subjects and electives as well as personal development issues, a two-week module at Northwestern University’s Kellogg School of Management in the US (see page 232) shared with part-time students, and a two-month in-company team project and dissertation.

The 21-month part-time programme is broadly similar to the full-time version, with assignments and projects carried out in students’ own workplaces. The two-year programme is divided into six two-week full-time modules. Of these, four take place at Nyenrode, one at Kellogg and one at the University of Stellenbosch in South Africa.

Nyenrode also offers a number of specialised company MBA programmes in English and Dutch. Full-time MBA Part-time MBAStudent rating of programme 4.1 (65) –



Universiteit Nyenrode—The Netherlands Business School

Address:

Straatweg 25BreukelenThe Netherlands3621BG

Tel:+31 346 291 681

Fax:+31 346 291 450


Website:www.nyenrode.nl

Programme director:Dr Lorraine Uhlaner


Open new career opportunities >100Diversity of recruiters >100Number in jobs three months after graduation 72Jobs found through the careers service >100Student assessment of careers service 90Personal development/educational experience 74Faculty quality 10Student quality >100Student diversity 43Education experience 54



Part 2The directory

Universiteit Nyenrode—The Netherlands Business School

Students








Average age 29 32



Full-time MBA Part-time MBANumber of industry sectors that recruited graduates 5 (>100) –






Principal recruiters of graduates ING, Philips Medical Systems, Accenture –

Cost







Type of aid available Scholarships, fee waivers –


Application details

Full-time MBA Part-time MBAApplication deadline July 1st March 15th

Programme dates Oct start, 13 months Mar start, 21 months




Accreditation



“I would recommend Nyenrode for its diversity in terms of students, excellent exchange programme, and entrepreneurial spirit.”

“Career Service for international students has to be vastly improved if the institute intends to be a top ranking one.”


Strengths: entrepreneurship, corporate governance, sustainable business/ethics



IELTS; references; 5 essays


IELTS; 2 references; 5 essays; interview


Part 2The directory


BackgroundFisher College of Business dates back to 1916 and expanded dramatically during the 1990s following a major financial gift from industrialist Max M Fisher in 1993 (when the school adopted its present name). It is recognised in the US as being excellent value for money. It is a full-range school but is small by US standards, with 4,700 undergraduate students and an intake of around 140 full-time MBA students. It has good links with industry and plenty of executives visit the campus. The college is two miles from the downtown area of Columbus, which is home to many regional and national corporate headquarters and notable for some of the high-tech companies based there.

FacilitiesThe Fisher campus is made up of five academic buildings and a separately funded hotel. Fisher Hall con-tains offices for faculty, graduate associates, administration and academic departments, as well as the college’s research groups. MBA students attend classes in Gerlach Hall, which includes classrooms, com-puter labs, seminar and breakout rooms, an investment management laboratory, a student lounge and the careers services centre. On-campus accommodation is available but most students live in Columbus, where housing is plentiful and reasonably priced. Full-time MBA for Working Executive MBA Professionals MBAStudent assessment of facilities 4.5 (27) – –

FacultyNumber of faculty: 71 full-time, 21 part-time, 1 visiting Full-time MBA for Working Executive MBA Professionals MBANumber of faculty per student 0.6 (57) 0.6 1.7



Programme highlightsFisher’s two-year full-time MBA consists of 12 core courses (including a professional development course) and two electives in the first year and electives in the second year. These are grouped into com-pulsory majors of five or six elective courses. Students can opt for a customised or a general manage-ment approach via an interdisciplinary major. There are additional optional minors, career tracks or a series of free electives including courses in the wider university. There is a strong emphasis on group work and team skills workshops run throughout the first year.

The part-time MBA for Working Professionals is similar to the full-time version. The programme is taught over eight quarters (two years, though it can be extended to five), with two core courses cov-ered in each of the first five quarters and electives in the remaining three. There is no requirement for a major. Students can attend core courses two evenings (6–10 pm) a week, but this can be varied to extend the time taken to complete the degree. Elective courses are taught at varying times, including during the day.

Ohio State University—Fisher College of Business

Address:

Graduate Programs Office100 Gerlach Hall2108 Neil AvenueColumbus, Ohio US43210-1144

Tel:+1 614 292 6684

Fax:+1 614 292 1313


Website:fishermba.osu.edu

Programme director:Karen Wruck





Part 2The directory

Ohio State University—Fisher College of Business

The Executive MBA can be completed in 18 months with three days of classes each month (Thursday, Friday, Saturday). The programme starts in January. Between classes participants can access lecture notes, course content exercises and tests, and contact colleagues and professors through the pro-gramme’s website. The programme includes a required international study trip. Full-time MBA for Working Executive MBA Professionals MBAStudent rating of programme 4.2 (54) – –



Students Full-time MBA for Working Executive MBA Professionals MBAAnnual intake 141 145 55









Recruiters/careers service Full-time MBA for Working Executive MBA Professionals MBANumber of industry sectors that recruited graduates 7 (53) – –






Principal recruiters of graduates Nationwide, Abbott, Limited Brands – –

Cost Full-time MBA for Working Executive MBA Professionals MBAApplication fees US$60 US$60 US$200


Comments Per year Per year Total programme




Type of aid available Scholarships, fellowships, – – assistantships, loans

Criteria on which aid is granted Merit, diversity – –

Application details Full-time MBA for Working Executive MBA Professionals MBAApplication deadline August 31st Rolling admissions September 21st

Programme dates Sep start, 21 months Sep start, 24 months Dec start, 18 months


Accreditation



“Poor brand recognition of what is an excellent programme.”


Strengths: finance, supply chain/operations and logistics, marketing

Weakness: brand perception

First degree; TOEFL; 3 references; essay


references; 1 essay; interview; laptop; GMAT may be required



Part 2The directory


BackgroundThe Open University Business School (OUBS), founded in 1983 and now 25 years old, has over 17,000 MBA graduates. The OUBS is a faculty of the Open University (OU), a UK government initiative of the late 1960s to allow anyone, irrespective of qualifications or lack of them, to study for a degree through a mixture of distance learning, summer-school residential modules, BBC radio and TV programmes, and now, increasingly, the Internet. The OUBS, Europe’s largest business school, offers a mix of modular, multimedia distance learning, local tutorials, local student self-help groups and electronic conferenc-ing. It also has a large base of corporate clients who have sponsored students on courses or use OUBS material in their own in-house training. It has a strong student base in Europe, Africa and Asia.

FacilitiesThe school has no student facilities of its own. It uses public and private management schools, hotels and conference centres to provide meeting places for tutorials and residential schools. Students need regular and ready access to a computer, modem and CD player. Distance-learning MBAStudent assessment of facilities n/a

FacultyNumber of faculty: 84 full-time, 350 part-time, 20 visiting Distance-learning MBANumber of faculty per student 0.04 (n/a)Percentage of faculty with PhD 42 (n/a)Student rating of faculty n/a (n/a)

Programme highlightsOpen-access students must first attain the OUBS Professional Certificate and Professional Diploma in Management, which count as Stage I of the open-access MBA. Graduates join with a single course, Fundamentals of Senior Management, which covers the main functional areas of business and is the Postgraduate Certificate in Business Administration; those with a business first degree take Manag-ing Performance and Change, the Professional Diploma in Management. Stage II of the MBA focuses on strategy. Students take a required strategy course and Making a Difference (which covers personal effectiveness as a manager and leader), as well as two electives. They usually study two courses a year. Most courses involve project work in students’ own organisations.

The certificate–diploma–MBA route (the open-access route) may take five years to complete. Other-wise the MBA can be completed in 18 months, two years, two and a half years or longer.

There are also specialised MBA programmes in technology management and life sciences. Distance-learning MBAStudent rating of programme n/a (n/a)Number of overseas exchange programmes n/a (n/a)Number of languages on offer n/a (n/a)


Address:

Walton HallMilton KeynesUKMK7 6AA

Tel:+44 8700 100 311

Fax:+44 1908 654 806


Website:oubs.open.ac.uk

Programme director:Richard Wheatcroft



Part 2The directory


Students Distance-learning MBAAnnual intake 6,438Applicants:places 1:1Percentage of women students 39Percentage of foreign students – (n/a)Average GMAT score n/a (n/a)Average number of months’ work experience 180 (n/a)Age range of students 25-52Average age 38Student rating of culture and classmates n/a (n/a)

Recruiters/careers service Distance-learning MBANumber of industry sectors that recruited graduates n/a (n/a)Percentage of graduates in jobs 3 months after graduation n/a (n/a)Percentage of graduates finding jobs through careers services n/a (n/a)Student rating of careers service n/a (n/a)Post-MBA salary, US$ n/a (n/a)Percentage increase in salary n/a (n/a)Principal recruiters of graduates n/a (n/a)

Cost Distance-learning MBAApplication fees n/aProgramme fees £13,960 (US$27,920)Comments Total programmeAccommodation costs (on campus, per year) n/aAccommodation costs (off campus, per year) n/aFinancial aid available –Type of aid available –Criteria on which aid is granted –

Application details Distance-learning MBAApplication deadline September 30thProgramme dates Nov start, 36 monthsAdmission requirements Minimum 3 years’ work experience; IELTS; laptop

Accreditation



Strengths: HRM, public and voluntary sector, creative and knowledge management


Part 2The directory


BackgroundOtago University dates back to 1869 and business education started in 1912. Originally restricted to accounting, the School of Business now teaches business law, economics, finance, information science, management, marketing management, quantitative methods and tourism. It is a full-range school, teaching undergraduate, postgraduate and executive education programmes. There is a strong em phasis on experiential learning and group work.

FacilitiesThe business school is housed in a modern building on the largely 19th-century university campus. Facilities are good and the full-time MBA programme has its own dedicated space including two pur-pose-built, fully equipped and networked lecture theatres, several small-group teaching rooms/student group-study rooms and computer labs. The campus is close to the business district of Dunedin, a small university town set up by Scottish settlers in the middle of the 19th century, in attractive countryside close to the Southern Alps and lakes. On-campus accommodation is not recommended for graduate stu-dents as it is geared to undergraduates, but rented housing close to the campus in Dunedin is easy to find and reasonably priced. Full-time MBAStudent assessment of facilities 4.3 (n/a)


Programme highlightsOtago’s full-time MBA programme lasts 16 months: 12 months of taught courses followed by a consult-ing project and research essay. It is divided into five modules (including the project) and emphasises the process and experience of learning, using small groups. There are no electives as such, but there are plenty of integrative courses. Business leaders are involved throughout the programme as both teachers and mentors. The small intake is divided into assigned study groups or syndicates, designed to reflect diversity, which are rotated each term. There is a lot of case work, but teaching is not done exclusively by this method. The one-week induction is followed by optional pre-programme courses in maths and accounting. Full-time MBAStudent rating of programme 4.1 (n/a)Number of overseas exchange programmes 5 (n/a)Number of languages on offer 0 (n/a)

University of Otago—School of Business

Address:

P O Box 56DunedinNew Zealand9016

Tel:+64 3 479 8640

Fax:+64 3 479 8045


Website:www.otagomba.co.nz

Programme director:Ralph Adler



Part 2The directory

University of Otago—School of Business


Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 5 (n/a)Percentage of graduates in jobs 3 months after graduation 73 (n/a)Percentage of graduates finding jobs through careers services n/a (n/a)Student rating of careers service 3.2 (n/a)Post-MBA salary, US$ 112,464 (n/a)Percentage increase in salary 64 (n/a)Principal recruiters of graduates Telecom, BCS Group, Otago District Health Board

Cost Full-time MBAApplication fees NZ$100 (US$74)Programme fees NZ$27,844 (US$20,474)Comments Domestic students. NZ$36,000 for international students. Accommodation costs (on campus, per year) –Accommodation costs (off campus, per year) –Financial aid available NZ$24,000 (US$17,471)Type of aid available Exchange scholarshipsCriteria on which aid is granted Merit

Application details Full-time MBAApplication deadline October 1stProgramme dates Jan start, 16 monthsAdmission requirements First degree; at least 3 years’ work experience; GMAT; IELTS; references; 5 essays



Accreditation



“Short but tough programme, innovative and applicable teaching content.”

“No electives, but understandable considering the size of the class.”


Strengths: economics, marketing, tourism

Weakness: lack of electives


Part 2The directory


BackgroundSaïd Business School (named after Wafic Saïd, who donated £20m (US$40m) to fund a building to house the school) was established in 1996 and has rapidly established itself as a leading full-range school offering MBA, undergraduate and doctoral programmes. The Oxford “brand” is a huge attraction, par-ticularly in North America. The school is closely integrated with the University of Oxford and draws on its resources, but it also has its own faculty. The MBA programme is highly international, in terms of both the students and the content. MBA students become members of one of Oxford’s many colleges, which provide accommodation, meals, sports and social facilities.

FacilitiesFacilities at the school’s £25m (US$50m) home near Oxford railway station are lavish, with four “case” lecture theatres, a 300-seat lecture theatre, a 300-seat open-air amphitheatre, seminar and project rooms, a two-floor library, careers management centre, common room, bar, restaurant, and faculty and administration offices. In the Oxford tradition, there are lots of open spaces, cloistered walkways and a large internal courtyard designed to foster informal interaction. Work on a £25m (US$50m) extension, largely to host short executive programmes, is expected to start in 2008 and be completed in 2010. Full-time MBA Executive MBAStudent assessment of facilities 4.2 (86) –

FacultyNumber of faculty: 42 full-time, 6 part-time, 3 visiting Full-time MBA Executive MBANumber of faculty per student 0.2 (>100) 1.0



Programme highlightsAlthough Oxford has strong name recognition in North America and the majority of students come from outside Europe, Saïd’s one-year full-time MBA is very much in the European tradition, mixing eight core courses, an entrepreneurial new business development project and nine electives. The fairly typical core is covered in the first two ten-week terms. Electives are taken in the second and third terms. After the third term students can choose one of four options: a strategic consulting project; two additional elec-tives; a summer internship; a thesis.

Personal and group development, careers and computer workshops and a guest-speaker series run throughout the first two terms. The school follows the Oxford tradition of small group tutorials and there is a good deal of other group working.

The two-year part-time Executive MBA consists of 16 one-week residential modules over 21 months and is virtually identical to the full-time programme, with nine core courses, six electives, and an entre-preneurial and a consultancy style project (each carried out within participants’ own organisations).

University of Oxford—Saïd Business School

Address:

Park End StreetOxfordUKOX1 1HP

Tel:+44 1865 278 803

Fax:+44 1865 288 850


Website:www.sbs.oxford.edu/mba

Programme director:Stephan Chambers



Increase in salary 7Increase in salary 83Post-MBA salary 3Potential to network 78Breadth of alumni network >100Internationalism of alumni 54Alumni effectiveness 57


Part 2The directory

University of Oxford—Saïd Business School




Students


Applicants:places – –

Percentage of women students – –





Average age 29 35









Principal recruiters of graduates Deloitte, Johnson & Johnson, Google –

Cost



Comments £3,200 for college membership Total programme




Type of aid available – –


Application details

Full-time MBA Executive MBAApplication deadline June September 1st

Programme dates Oct start, 12 months Jan start, 21 months




Accreditation



“Oxford is a great brand and the people who come here are different - they are people who will make a difference.”

“Operations management class was too ambitious, skipped some detail.”


Strengths: finance, entrepreneurship, strategy

Weakness: operations management

First degree; at least 3 years’ work experience; GMAT; TOEFL; references;

2 essays




Part 2The directory


BackgroundSmeal College of Business, which is over 50 years old, is a strong, well-respected institution. It is a full-range college with more than 5,500 students on undergraduate, MBA, executive MBA, PhD and exec-utive education programmes and is among the ten largest business schools in the US. It also houses major research centres in areas such as supply chain management, business-to-business marketing, corporate innovation and entrepreneurship, and other disciplines. It has excellent links with business and good faculty.

FacilitiesIn 2005 Smeal College moved into a new building, more than doubling the available space. As well as separate undergraduate facilities, it includes six MBA case study classrooms, 14 MBA team meeting rooms, and an MBA common area and courtyard. There are special laboratories for e-auctioning and supply chain, and a trading room. Full-time MBA Executive MBAStudent assessment of facilities 4.5 (23) –

FacultyNumber of faculty: 44 full-time Full-time MBA Executive MBANumber of faculty per student 0.5 (72) 0.8



Programme highlightsSmeal’s two-year full-time MBA begins with a traditional core curriculum in the first year focusing on four areas: leadership, functional expertise, total business focus and global perspective. Students then follow concentrations in the second year. Each semester is divided into three periods of seven weeks, one week and seven weeks, with different courses offered in each seven-week module. The first set of courses is taught in the first seven-week session; then there is a one-week immersion course; and the second set of courses is taught in the next seven weeks.

The 21-month part-time Executive MBA focuses on three areas—strategic analysis, leadership and financial management—and includes a project and soft skills training. The second year also has an emphasis on leadership as well as electives and an international study trip. Classes are held on alternat-ing weekends (Friday overnight to Saturday) at the Ace Conference Center in Lafayette Hill, PA. Full-time MBA Executive MBAStudent rating of programme 4.3 (56) –


Number of languages on offer 0 (>100) –

Pennsylvania State University—Smeal College of Business

Address:

220 Business BuildingUniversity Park, PAUS16802

Tel:+1 814 863 0448

Fax:+1 814 865 7064


Website:www.smeal.psu.edu/mba

Programme director:Dennis P Sheehan





Part 2The directory

Pennsylvania State University—Smeal College of Business

Students





Average GMAT score 654(47) n/a



Average age 28 39









Principal recruiters of graduates Dell, DuPont, Pfizer –

Cost

Full-time MBA Executive MBAApplication fees US$75 US$60


Comments Per year Total programme




Type of aid available Graduate assistantships, scholarships –


Application details

Full-time MBA Executive MBAApplication deadline April 15th June 30th





Accreditation



“Small class size, amazing students and faculty. An excellent Supply Chain Management course.”

“Location makes it very hard for large companies to come here.”


Strengths: corporate finance, supply chain management, product and marketing development

Weakness: location

First degree; references; 3 essays


3 essays; interview; laptop


Part 2The directory


BackgroundFounded in 1881 as one of the graduate schools of the University of Pennsylvania, Wharton was the first collegiate school of business in the world. Although it has a reputation as a financial powerhouse, the school offers a wide range of subject areas and has a highly international approach. It has a campus in San Francisco, “Wharton West”, and a strategic alliance with INSEAD in France and Singapore (see page 188). Wharton is a big full-range school with over 250 faculty in 11 academic departments and 24 research centres and initiatives teaching business to students ranging from undergraduates and MBAs to PhDs and executives. The large intake means there are over 82,000 alumni in 148 countries.

FacilitiesFacilities are generally good and the 269-acre, tree-lined, urban university campus is pleasant. The MBA programme is housed in a complex of buildings. Some facilities are shared with undergraduate and PhD programmes as well as executive education and the Executive MBA programme. Huntsman Hall provides classrooms and academic support services for undergraduates and MBA students. It contains 48 classrooms, 57 group-study rooms, four teaching labs, faculty offices, two study lounges and two social lounges. On-campus housing is available. Students have access to the full resources of an Ivy League university, including libraries, museums, galleries, athletic facilities and performance halls. Full-time MBAStudent assessment of facilities 4.3 (51)


Programme highlightsWharton’s two-year full-time MBA begins with a required on-campus four-week pre-programme session and orientation designed to bring students to an equal level. The main programme is divided into a first year of straightforward core courses (including soft skills training) and a second year of electives. With-in the core, students are allocated to cohorts of around 60, who take classes together, and into smaller teams for group work. In the second year students choose at least one major from those on offer. They can take dual majors or design their own.

The Wharton Executive MBA has more or less the same curriculum, the same faculty and confers the same degree as the full-time programme. Classes meet on campus on alternating weekends (Friday and Saturday) for the two years of the programme. There are some three-day sessions and a one-week inter-national study tour in the second year. The first year is essentially the core, and most of the second year is devoted to electives. Leadership and personal skills development are covered through a course that emphasises effective teamwork and self-learning. The programme is also offered at Wharton’s San Francisco campus.

University of Pennsylvania—Wharton School

Address:

420 Jon M. Huntman Hall3720 Walnut StreetPhiladelphia, PAUSA19104

Tel:+1 215 898 2690

Fax:+1 215 573 5001


Website:mba.wharton.upenn.edu

Programme director:Thomas R Caleel





Part 2The directory

University of Pennsylvania—Wharton School



Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 96 (30)Percentage of graduates finding jobs through careers services 75 (29)Student rating of careers service 3.7 (47)Post-MBA salary, US$ 110,550 (18)Percentage increase in salary 62 (74)Principal recruiters of graduates McKinsey & Co, Boston Consulting Group, Bain & Co

Cost Full-time MBAApplication fees US$225Programme fees US$99,444Comments Total programmeAccommodation costs (on campus, per year) –Accommodation costs (off campus, per year) US$12,000Financial aid available –Type of aid available Scholarships, assistantshipsCriteria on which aid is granted Merit, need

Application Details Full-time MBAApplication deadline February 28thProgramme dates Sep start, 18 monthsAdmission requirements First degree; TOEFL ; references; 4 essays; interview by invitation



Accreditation





Part 2The directory


BackgroundKatz Graduate School of Business is one of the oldest business schools in the world, and its MBA pro-gramme began nearly 50 years ago. It is a relatively small school with around 250 full-time MBA stu-dents (though it also has a larger undergraduate college) and student life is informal and friendly. It has close contact with local business (Pittsburgh is a popular location for corporate headquarters) and organises an extensive series of events for students to meet executives. Business leaders from all over the US come to the school for lectures, lunches and off-the-record chats. Katz has good international connections (some elective courses involve overseas trips) and good links with industry.

FacilitiesKatz is based in Mervis Hall and three other buildings on the University of Pittsburgh campus: Alumni Hall, which houses executive education offices; Posvar Hall, which houses Katz’s Institute for Entrepreneurial Excellence and alumni and development offices; and Sennott Square, home of Katz’s undergraduate arm, the College of Business Administration. There is no on-campus accommodation but plenty of student hous-ing is available close by. Pittsburgh is a lively city and social life both on and off campus is good. Full-time MBA Part-time MBA EMBA WorldwideStudent assessment of facilities 4.2 (77) – –

FacultyNumber of faculty: 37 full-time, 3 part-time, 2 visiting Full-time MBA Part-time MBA EMBA WorldwideNumber of faculty per student 0.3 (86) 0.3 0.5



Programme highlightsKatz says its one-year programme is primarily aimed at students with a strong economics or business background and plenty of work experience. Students can declare a traditional MBA concentration or “major” or choose elective courses to fit a self-designed goal. For many years Katz offered only the one-year programme, but it has now added a more traditional two-year full-time option. This has a similar academic core but offers more electives and a traditional (optional) summer internship.

The part-time MBA is virtually identical to the full-time version. There are three start dates in Janu-ary, April and September. Generally, students take two courses per term to complete the programme within three years. Classes are held on weekday evenings and some are available on Saturday.

The Executive MBA Worldwide is offered in three locations: Pittsburgh, Prague (Czech Republic) and São Paulo (Brazil). The curriculum is the same at all locations though class schedules and the total time taken to complete the programme vary. All classes get together six times during the programme.

University of Pittsburgh—Joseph M Katz Graduate School of Business

Address:

372 Mervis HallPittsburgh, PAUS15260

Tel:+1 412 648 1566

Fax:+1 412 648 1552


Website:www.business.pitt.edu

Programme director:William Valenta





Part 2The directory

University of Pittsburgh—Joseph M Katz Graduate School of Business

Full-time MBA Part-time MBA EMBA WorldwideStudent rating of programme 4.1 (77) – –



Students

Full-time MBA Part-time MBA EMBA WorldwideAnnual intake 129 155 90





Average number of months’ work experience 36 (>100) 58 144





Full-time MBA Part-time MBA EMBA WorldwideNumber of industry sectors that recruited graduates 7 (53) – –






Principal recruiters of graduates Deloitte, Del Monte, Ford – –

Cost

Full-time MBA Part-time MBA EMBA WorldwideApplication fees US$50 US$50 –


Comments Total programme Per credit €35,000 in Europe; US$65,000 in US; US$48,000 in Brazil






Application details

Full-time MBA Part-time MBA EMBA WorldwideApplication deadline March 1st March 1st September 20th

Programme dates Aug start, 20 months Aug start, 36 months Jan start, 18 months




Accreditation



Strengths: finance, marketing, IS



“Great value for money—pleasant learning environment amongst students and teachers.”

“The biggest weakness is definitely recruiting. The vast majority of recruiters are from Pittsburgh and the surrounding areas.”



First degree; work experience; TOEFL; 2 references; 2 essays;

interview


TOEFL; 2 references; essay; interview; laptop


Part 2The directory


BackgroundKrannert Graduate School of Management teaches undergraduate, masters’ and doctoral programmes. It has a strong emphasis on the management of technological companies. The school is small by North American standards, which fosters a good team spirit and a close relationship between students and faculty. The school’s size, supportive atmosphere and low fees make it good value for money and the international content is well up to the North American average.

FacilitiesThe school is based in Rawls Hall, which opened in 2003. It houses 13 classrooms, a careers centre, a multimedia-based auditorium, a reception area, student club offices and 25 breakout rooms, distance-learning facilities and a computer lab. The university has indoor and outdoor swimming pools, tennis courts and a range of sports facilities, including an 18-hole golf course. Accommodation is available both on and off campus. Off-campus rents are reasonable in the local area of Lafayette/West Lafayette, between Chicago and Indianapolis. Full-time MBA Executive MBAStudent assessment of facilities 4.2 (55) –

FacultyNumber of faculty: 107 full-time Full-time MBA Executive MBANumber of faculty per student 0.8 (44) –



Programme highlightsKrannert’s two-year full-time MBA has a largely functional core which is covered in the first year in four half-semester modules (with one elective offered in the fourth module). The second year consists of two required courses and 12 electives, which can be grouped into up to two concentrations, or “option areas”. A management development series, a set of Friday courses aimed at introducing students to leading-edge practices and emerging topics, runs throughout the first year.

The school also offers a one-year Master of Science in Industrial Administration (MSIA). This has the same required core as the MBA but fewer electives. The MSIA is completed in two semesters and a sum-mer session and includes the option of an eight-week exchange allowing study in Hannover, Germany.

The Weekend MBA is similar to the full-time version but takes three years to complete, with classes on Saturdays during Purdue’s fall and spring semesters. Over the three years, there are 78 days of class-es, each consisting of six hours of instruction.

The Executive MBA comprises six two-week residencies over two years, coupled with Internet-sup-ported off-campus assignments between residencies (allowing a wide geographical range of partici-pants). The programme begins each July with an orientation session. The final residency session is an

Purdue University—Krannert Graduate School of Management

Address:

Rawls Hall, Suite 2020100 S. Grant StreetWest Lafayette, IndianaUS47907-2076

Tel:+1 765 496 3668

Fax:+1 765 494 9841


Website:www.krannert.purdue.edu/programs/masters

Programme director:Gerald J Lynch





Part 2The directory

Purdue University—Krannert Graduate School of Management

international study trip.The International Master’s in Management (IMM) is a co-operation between Krannert and Tias-

Nimbas Business School (see page 292), Tilburg University, in the Netherlands, CEU Business School in Budapest, Hungary, and GISMA Business School in Hannover, Germany. It is modelled on the EMBA, following the same format of two-week residencies combined with off-campus work. Full-time MBA Executive MBAStudent rating of programme 4.1 (76) –



Students

Full-time MBA Executive MBAAnnual intake 140 –


Percentage of women students 23 (>100) –

Percentage of foreign students – –



Age range of students 24-31 –

Average age 28 –




Percentage of graduates in jobs 3 months after graduation 95.1 (25) –

Percentage of graduates finding jobs through careers services 72.6 (49) –




Principal recruiters of graduates General Motors, Procter & Gamble, Emerson –

Cost



Comments Per year Per module




Type of aid available Scholarships, fellowships, graduate assistantships –


Application details

Full-time MBA Executive MBAApplication deadline May 1st June 1st

Programme dates Aug start, 21 months Jul start, 22 months




Accreditation



“I would recommend our school if you are looking for a quantitative programme and have a strong interest in operations or finance.”

“Many students do not have enough work experience and lack the professionalism of students who have been in the workforce.”


Strengths: operations, supply chain management, corporate finance

Weakness: some students have limited work experience


interview; laptop


2 references; 2 essays; laptop


Part 2The directory


BackgroundThe University of Queensland (UQ) Business School is a full-range business school closely linked to the university. Founded in 1909, UQ is the largest and oldest university in Queensland. The school has good research rankings and says its mission is to achieve national and international recognition as one of the best research-intensive business schools in the Asia Pacific region.

FacilitiesUQ Business School is based on the university’s St Lucia and Ipswich campuses (both relatively close to Brisbane) and also has learning and conference facilities in Brisbane’s central business district. Full-time MBA Part-time MBAStudent assessment of facilities 4.2 (n/a) –

FacultyNumber of faculty: 23 full-time Full-time MBA Part-time MBANumber of faculty per student 0.8 (n/a) 0.7



Programme highlightsQueensland’s full-time 12-month MBA incorporates 12 compulsory courses, three integrative courses, seven functional courses and two leadership courses. A parallel “informal” programme runs alongside involving industry practitioners partnering senior academic staff. According to the school, this pro-gramme aims to provide students with additional skills that will be directly applicable to work situations and will enhance the classroom experience.

The programme is also taught part-time at Queensland’s downtown facility. It is not open to over-seas students. Full-time MBA Part-time MBAStudent rating of programme 3.8 (n/a) –



Students








Average age 27 32


University of Queensland—Business School

Address:

St LuciaBrisbaneAustralia4072

Tel:+61 7 3365 4349

Fax:+61 7 3365 7582


Website:www.business.uq.edu.au

Programme director:Dr Polly Parker



Part 2The directory

University of Queensland—Business School








Principal recruiters of graduates Suncorp, PricewaterhouseCoopers –

Cost

Full-time MBA Part-time MBAApplication fees A$100 (US$83) A$100 (US$83)


Comments Per year for domestic students Per year for domestic students





Criteria on which aid is granted Application and interview –

Application details

Full-time MBA Part-time MBAApplication deadline November 15th November 15th





Accreditation



“Very reputable school, comprehensive content and high quality teaching.”

“The downtown campus has limited student facilities; no library borrowing service for example.”


Strengths: finance, corporate strategy, general management


First degree; at least 3 years’ work experience; GMAT; TOEFL; references; essays; interview; laptop


essays


Part 2The directory


BackgroundThe Jones Graduate School of Management, founded in 1974, is young by US standards. It is also quite small, enrolling about 120 full-time MBA students a year. The school is named after the late Jesse Hol-man Jones, a Houston business and civic leader, and is one of seven academic units of Rice University, which has around 4,000 students. It is one of the few US schools to be a devotee of action learning and experiential learning techniques. It has close links with local Houston and Texan industry and uses a number of practising managers and executives to teach on the programme.

FacilitiesJones is based in Janice and Robert McNair Hall, opened in 2002, which includes innovative classrooms, a high-tech trading room, breakout rooms, a “cyber-commons” (where students and faculty can meet, with refreshments and ports for computer and network connectivity), a careers centre and a business information centre. Students also have access to the resources and facilities of Rice University. On-cam-pus accommodation is available but nearby housing is fairly plentiful and reasonably priced. Full-time MBA Professional MBA Executive MBAStudent assessment of facilities 4.8 (13) – –

FacultyNumber of faculty: 50 full-time, 24 part-time Full-time MBA Professional MBA Executive MBANumber of faculty per student 0.5 (73) 0.7 1.2



Programme highlightsJones’s two-year full-time MBA covers core courses, an action learning project and one elective in the first year and electives in the second year. There is an emphasis on career management throughout the programme. The second year offers an optional international study tour. Concentrations are offered but are not required.

The 22-month part-time MBA for Professionals is virtually identical to the full-time programme. Classes meet twice a week on Monday and Wednesday evenings.

The part-time MBA for Executives also shares a similar curriculum. The programme lasts 22 months with Christmas and summer breaks. Classes are held every other weekend (Friday and Saturday). Stu-dents can also participate in an optional international trip in the second year. Each semester is divided into two terms, with an “Intensive Learning Weekend” between each term.

Rice University—Jesse H Jones Graduate School of Management

Address:

P.O. Box 2932 - MS 531Jones Graduate SchoolHouston, TexasUS77252-2932

Tel:+1 713 348 6364

Fax:+1 713 348 6228


Website:www.jonesgsm.rice.edu/jonesgsm/Admission.asp

Programme director:Sean Burnett





Part 2The directory

Rice University—Jesse H Jones Graduate School of Management

Full-time MBA Professional MBA Executive MBAStudent rating of programme 4.5 (27) – –

Number of overseas exchange programmes 0 (>100) – –


Students

Full-time MBA Professional MBA Executive MBAAnnual intake 124 111 61










Full-time MBA Professional MBA Executive MBANumber of industry sectors that recruited graduates 7 (63) – –






Principal recruiters of graduates Chevron, ExxonMobil, – – Deutsche Bank

Cost

Full-time MBA Professional MBA Executive MBAApplication fees US$100 US$100 US$100


Comments Per year Total programme Total programme



Financial aid available Varies – –



Application details

Full-time MBA Professional MBA Executive MBAApplication deadline April 7th April 7th June 2nd

Programme dates Aug start, 22 months Aug start, 22 months Jul start, 22 months




Accreditation



Strengths: finance, energy, entrepreneurship

Weakness: limited alumni network


“Well-rounded curriculum; great faculty with extensive published research.”

“It’s a relatively new programme and the alumni base is small but growing quickly.”


résumé


interview; laptop




Part 2The directory


BackgroundThe Simon Graduate School of Business was founded in 1958 as the School of Business Administration at the University of Rochester. It awarded its first MBA in 1962. In 1986 it was renamed after the late William E Simon, a financial entrepreneur and former US Treasury Secretary. The school believes that students need to learn to analyse management problems in a coherent, scientific way and that econom-ics is the principal discipline governing business and human behaviour. This makes the MBA intensive, quantitative and academic. The school is small by US standards with around 165 MBA students.

FacilitiesThe school is on the University of Rochester’s River campus, three miles from downtown Rochester, NY. Facilities are first-class, with a group of buildings providing 14 classrooms, 21 group-study rooms, a large computer lab, 16 study rooms, a careers services suite with eight interview rooms, and adminis-tration and faculty offices. Students have access to all university sports and cultural amenities and on-campus accommodation is available. Full-time MBA Part-Time MBA Executive MBAStudent assessment of facilities 4.3 (69) – –

FacultyNumber of faculty: 48 full-time, 12 part-time, 1 visiting Full-time MBA Part-Time MBA Executive MBANumber of faculty per student 0.3 (91) 0.9 1.7



Programme highlightsSimon’s two-year full-time MBA consists of nine core courses, two electives and a required sequence of communication courses in the first year and nine electives in the second year, as well as a course on communicating business decisions. There is no requirement to specialise in a concentration (although 15 are offered and most students do so). Entry in January (rather than the previous September) allows students to take an accelerated 18-month track.

The 3-2 programme allows University of Rochester undergraduates to earn both a first degree and an MBA in five years. Applications are considered in a pool with all applicants who have no work experi-ence. Candidates typically have an above-average academic profile and several business-related intern-ships. The first year of the MBA programme is substituted for the senior undergraduate year.

The part-time programme is virtually identical to the full-time version. There are nine core and 11 elective courses. Courses are taught one evening a week. Some electives are shared with full-time students. Students generally take one or two courses per quarter and can start in any quarter. Up to four courses, which count towards graduation requirements, can be taken before joining the programme (and if your GPA is 3.5 you can waive the GMAT). The programme can be completed in 30 months but most students take just over three years. The maximum time allowed is seven years.

Classes for the two-year Executive MBA are held all day Friday and Saturday on alternate weeks.

University of Rochester—William E Simon Graduate School of Business

Address:

305 Schlegel HallRochester, NYUS14627

Tel:+1 585 275 3735

Fax:+1 585 275 9331


Website:www.simon.rochester.edu

Programme director:Rajiv M Dewan


Open new career opportunities 66Diversity of recruiters 100Number in jobs three months after graduation 59Jobs found through the careers service 35Student assessment of careers service 51Personal development/educational experience >100Faculty quality 92Student quality 71Student diversity >100Education experience >100



Part 2The directory

University of Rochester—William E Simon Graduate School of Business

By taking classes in the evenings or in the summer the 22-month programme can be completed in 19 months. During the last quarter of the programme participants can specialise in a particular area of study, and after meeting their graduation requirements they can take two additional courses tuition-free to complete their specialisation. Full-time MBA Part-Time MBA Executive MBAStudent rating of programme 4.3 (49) – –



Students

Full-time MBA Part-Time MBA Executive MBAAnnual intake 165 66 36



Percentage of foreign students 10 (>100) 9 4



Age range of students – – 26-49




Full-time MBA Part-Time MBA Executive MBANumber of industry sectors that recruited graduates 6 (100) – –






Principal recruiters of graduates Citi, Deloitte, Johnson & Johnson – –

Cost

Full-time MBA Part-Time MBA Executive MBAApplication fees US$125 US$125 –








Application details

Full-time MBA Part-Time MBA Executive MBAApplication deadline June 1st August 1st May 15th

Programme dates Sep start, 22 months Sep start Sep start


Accreditation



Strengths: finance, accounting, marketing

Weakness: integration of international students


“It has a small and personal quality that encourages learning.”

“Social groups tend to form around country of origin. Our school could and should do more to foster inclusion across cultures.”


First degree; at least 1 year’s work experience;

TOEFL; 2 references; 3 essays; interview


2 references; 3 essays; interview; laptop;

résumé; organisational chart; sponsorship form;

payment agreement


Part 2The directory


BackgroundRotterdam School of Management (RSM) can trace its history back to 1966 when Royal Dutch Shell and a number of other companies set up the Foundation for Business Administration to provide post-experi-ence management education. An MBA was established in the 1970s and in 1985, when RSM moved to the Erasmus campus, the programme was transformed into the present English-language International MBA. The school is now called RSM Erasmus University. It is resolutely international, with a significant international mix of students, yet with a Dutch atmosphere and friendly and youthful faculty and staff. George Yip, formerly a professor at London Business School, took over as dean in January 2008.

FacilitiesRSM Erasmus is based in a new building that fits in well with Erasmus’s functional campus but inside is spacious and well appointed. There is no on-campus accommodation but rented housing is available, sub-sidised by the government for students. Rotterdam is a lively, sophisticated city with lots of attractions. Full-time MBAStudent assessment of facilities 3.8 (>100)


Programme highlightsRSM Erasmus’s 15-month full-time International MBA starts with a series of short, optional pre-pro-gramme refresher courses in quantitative areas. The first two semesters cover mandatory core cours-es. The third and fourth semesters cover concentration courses and free electives (or an international exchange). During the summer, all students undertake an internship culminating in an assessed com-pany analysis. Career and personal development workshops run throughout the programme.

The two-year part-time Executive MBA consists of four terms and a one-month in-company project. Classes are held on Friday evening and all day Saturday, generally every two weeks. Each year there is a one-week residential block in January and a one-week overseas trip in June or July.

The 21-month Global Executive OneMBA is a joint global programme designed for executives with at least seven years’ experience. It is run by a partnership of five business schools on four continents. Co-ordinated courses comprise the core and occur concurrently on all OneMBA campuses. Participants get together for four week-long global residencies in the US, Europe, Latin America and Asia. The partner schools are: The Chinese University of Hong Kong; Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo (FGV-EAESP), Brazil; Monterrey Tech Graduate School of Business Administration and Leadership (EGADE-ITESM), Mexico; RSM Erasmus University, Netherlands; and Kenan-Flagler Busi-ness School, University of North Carolina, US.

Rotterdam School of Management—Erasmus University

Address:

Burg. Oudlaan 50J-buildingRotterdamThe Netherlands3062PA

Tel:+31 10 408 2877

Fax:+31 10 408 9020


Website:www.rsm.nl/mba

Programme director:Luis Umana-Timms





Part 2The directory

Rotterdam School of Management—Erasmus University



Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 7 (64)Percentage of graduates in jobs 3 months after graduation 98 (31)Percentage of graduates finding jobs through careers services 51 (76)Student rating of careers service 3.4 (66)Post-MBA salary, US$ 99,934 (32)Percentage increase in salary 88 (22)Principal recruiters of graduates Fortis, A.T. Kearney, Exxon

Cost Full-time MBAApplication fees €100 (US$137)Programme fees €36,000 (US$49,315)Comments –Accommodation costs (on campus, per year) –Accommodation costs (off campus, per year) €5,400 (US$7,397)Financial aid available €1m (US$1.4m)Type of aid available Scholarships, loansCriteria on which aid is granted Merit, need

Application details Full-time MBAApplication deadline July 15thProgramme dates Oct start, 15 monthsAdmission requirements First degree; at least 2 years’ work experience; references; 3 essays



Accreditation



Strengths: finance, strategy and innovation, marketing



“Innovative and contemporary, with focus on key issues such as sustainability.”

“The career office (recruitment programme) needs to be radically revamped.“


Part 2The directory


BackgroundRoyal Holloway College was opened by Queen Victoria in 1886 and became part of the University of Lon-don, which also includes London Business School (see page 198) and the London School of Economics, at the end of the 19th century. The college has some 7,000 undergraduate and postgraduate students on its striking neo-gothic campus outside London, not far from Heathrow Airport.

The School of Management was established in 1990 and is one of the largest academic departments at Royal Holloway.

FacilitiesFacilities are good, and the school has expanded rapidly in recent years with a new extension opened in May 2007 and a new £8m, 400-seat lecture theatre complex. On-campus accommodation is available. Full-time MBA MBA in International ManagementStudent assessment of facilities 3.6 (n/a) –

FacultyNumber of faculty: 22 full-time, 2 part-time, 4 visiting Full-time MBA MBA in International ManagementNumber of faculty per student 0.4 (n/a) –



Programme highlightsThe Royal Holloway MBA International Management is offered full-time, part-time or by distance learn-ing. However it is delivered, the programme consists of 12 core courses and four elective courses. Both core and elective courses are taught in a modular fashion over two and a half weeks. Two courses will run every week. A Graduate Diploma is awarded to those students who complete the core and elective courses but do not pass their Dissertation. Full-time MBA MBA in International ManagementStudent rating of programme 3.9 (n/a) –



Students

Full-time MBA MBA in International ManagementAnnual intake 54 2


Percentage of women students 45 (n/a) 46%



Average number of months’ work experience 60 (n/a) –


Average age 29 33



Address:

EghamSurreyUKTW20 0EX

Tel:+44 1784 414 479

Fax:+44 1784 276 100


Website:www.rhul.ac.uk

Programme director:David Faulkner



Part 2The directory



Full-time MBA MBA in International ManagementNumber of industry sectors that recruited graduates 4 (n/a) –

Percentage of graduates in jobs 3 months after graduation – (n/a) –

Percentage of graduates finding jobs through careers services – (n/a) –


Post-MBA salary, US$ – (n/a) –

Percentage increase in salary – (n/a) –

Principal recruiters of graduates Johnson & Johnson, – United Nations, R Twining & Co

Cost

Full-time MBA MBA in International ManagementApplication fees n/a n/a


Comments £15,375 for non-EU students Total programme




Type of aid available – –


Application details

Full-time MBA MBA in International ManagementApplication deadline May 31st July 31st

Programme dates Sep start, 12 months Oct start, 24-60 months




Accreditation



Strengths: public sector, marketing, finance



“It’s a prestigious degree, well reputed institution and will cost you less.”

“Administrative efficiency is a weakness.”


TOEFL or IELTS; references


laptop


Part 2The directory


BackgroundSheffield University Management School, set up in 1970, teaches management and business at the undergraduate, postgraduate and doctoral levels and has about 50 full-time faculty. The school has a good research base and attracts large numbers of international students.

FacilitiesThe school has its own purpose-built building on the edge of the university campus, close to the city centre and there are dedicated facilities for MBA students, including lecture and seminar rooms, an IT laboratory, and a social and reading room. A comprehensive range of computing services is available, including library catalogues and CD-ROM databases. There is a specialised management library opposite the school.

Accommodation, careers, sports and social facilities are provided by the university. There is plenty of reasonably priced on-campus and off-campus accommodation. Sheffield is a pleasant city set in attrac-tive countryside. The Peak District National Park is easily accessible and cultural and social amenities are good. Full-time MBAStudent assessment of facilities 4.4 (57)


Programme highlightsSheffield’s one-year (September to September) full-time MBA is a general management programme with some specialisation available in the second semester. In the first semester students take six mandatory core courses (called modules) plus soft skills courses. In the second semester students take four fur-ther core courses plus three electives. A final project and dissertation must be submitted by the begin-ning of September after the second semester. Guest speakers, company visits and other workshops run throughout the programme.

The part-time Executive MBA last two and a half years. It is taught on a modular basis, with classes meeting for three-day blocks (Thursday, Friday and Saturday) every five weeks. Each module is sup-ported by websites, online group work, online learning materials and handouts covering the lecture ma terials. Students are expected to spend 79 hours on this structured learning for each module.

Sheffield University Management School

Address:

9 Mappin StreetSheffield UKS1 4DT

Tel:+44 114 222 3483

Fax:+44 114 222 3480


Website:www.sheffield.ac.uk/management

Programme director:Geoff Wood



Increase in salary >100Increase in salary 93Post-MBA salary 98Potential to network >100Breadth of alumni network >100Internationalism of alumni >100Alumni effectiveness >100


Part 2The directory

Sheffield University Management School

Full-time MBAStudent rating of programme 3.9 (93)Number of overseas exchange programmes 0 (>100)Number of languages on offer 1 (87)

Students Full-time MBAAnnual intake 64Applicants:places 8:1Percentage of women students 20 (84)Percentage of foreign students 95 (8)Average GMAT score n/a (n/a)Average number of months’ work experience 72 (46)Age range of students 27-33Average age 27Student rating of culture and classmates 3.7 (88)

Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 7 (76)Percentage of graduates in jobs 3 months after graduation 67 (100)Percentage of graduates finding jobs through careers services 80 (19)Student rating of careers service 3.6 (58)Post-MBA salary, US$ 81,857 (98)Percentage increase in salary 81 (93)Principal recruiters of graduates Coca-Cola, 3M, Eskom

Cost Full-time MBAApplication fees n/aProgramme fees £15,800 (US$31,600)Comments £10,600 for EU students Accommodation costs (on campus, per year) –Accommodation costs (off campus, per year) –Financial aid available –Type of aid available ScholarshipsCriteria on which aid is granted Sheffield University alumni

Application details Full-time MBAApplication deadline July 31stProgramme dates Sep start, 12 monthsAdmission requirements First degree; at least 3 years’ work experience; references; interview; laptop



Accreditation



Strengths: enterprise, accounting, HRM



“Friendly, approachable department, great city and university to study in.”

“Not enough diversity in terms of UK students.”


Part 2The directory


BackgroundBusiness teaching started at the National University of Singapore in 1961 and the NUS Business School (part of the Faculty of Business Administration) has ambitions to be the best in Asia. It has over 100 fac-ulty and also draws teachers from the university. Senior executives from the public and private sectors are used to add variety to teaching and to deliver guest lectures. It is a full-range school, teaching an undergraduate BBA, an MBA, doctoral programmes and executive development courses. There are good exchange agreements with leading schools in the US, Canada and Europe.

FacilitiesThe school is housed within the Faculty of Business Administration and uses most of its facilities (large-ly shared with business undergraduates). There is an excellent computerised 60,000-volume business library next door (which also serves undergraduates), as well as four computer labs and a mainframe terminal room. The school has three lecture theatres, 12 conference rooms, 13 seminar rooms and 16 tutorial rooms, as well as two behavioural laboratories used for role-play and lessons on group dynamics. On-campus accommodation is available.

In 2009 the school will move to the new 160,000 sq ft Mochtar Riady Building, named after Dr Mochtar Riady, founder and chairman of the Lippo Group, in recognition of the group’s substantial gift to the school.

Full-time Part-time Asia Pacific UCLA–NUS MBA MBA Executive MBA Executive MBA

Student assessment of facilities 4.5 (32) – – –



Number of faculty per student 0.5 (50) 1.0 0.9 1.8



Programme highlightsThe NUS full-time MBA lasts 17 months over three semesters. Core courses cover the main manage-ment disciplines in the first semester; students undertake exchange visits in the second semester and internships after the first year. (It is possible to complete the programme in 12 months with a shorter exchange visit and internship.) Specialisations are not required but are offered in finance, marketing, strategy and organisation, real estate and healthcare management.

The part-time programme has exactly the same curriculum as the full-time version. Students can complete the programme in as little as 24 months or a maximum of six years; most take three years. Classes are held on campus during the evenings.

In the 17-month Asia-Pacific Executive MBA (APEX MBA), classes meet for six two-week sessions (nine hours a day, six days a week) about once a quarter in locations in Singapore, China, India and

National University of Singapore—The NUS Business School

Address:

BIZ 2 Building1 Business Link, Level 5Singapore117592

Tel:+65 6516 8655

Fax:+65 6778 2681


Website:mba.nus.edu

Programme director:Nitin Pangarkar





Part 2The directory

National University of Singapore—The NUS Business School

elsewhere in South-east Asia. The programme is offered in English and Chinese.The two-year full-time International Master of Business Administration (IMBA) is a joint programme

between the NUS and Peking University in Beijing. It offers modules in English and Chinese, although the programme can be completed entirely in English. Students spend semesters two and three in Singa-pore and one and four in Beijing. There is also a part-time version with a similar format.

The 15-month UCLA–NUS EMBA leads to two MBA degrees, one awarded by UCLA and one by the NUS. Students attend six two-week segments conducted in residence at the NUS, UCLA, Shanghai and Bangalore.


Student rating of programme 4.2 (88) – – –



Students Full-time Part-time Asia Pacific UCLA–NUS MBA MBA Executive MBA Executive MBA

Annual intake 126 84 87 45




Average GMAT score 657 (46) 610 – –

Average number of months’ work experience 48 (81) 84 192 156




Recruiters/careers service Full-time Part-time Asia Pacific UCLA–NUS MBA MBA Executive MBA Executive MBA

Number of industry sectors that recruited graduates 5 (98) – – –




Post-MBA salary, US$ 54,002 (>100) – – –


Principal recruiters of graduates Adventity, Hong Leong, Citi – – –

Cost Full-time Part-time Asia Pacific UCLA–NUS MBA MBA Executive MBA Executive MBA

Application fees – – S$200 (US$132) S$200 (US$132)

Programme fees S$40,000 S$34,000 S$80,000 S$74,800) (US$26,490) (US$22,517) (US$52,980) (US$49,536

Comments – – S$70,000 for the – programme in Chinese

Accommodation costs (on campus, per year) S$7,000 (US$4,636) – – –

Accommodation costs (off campus, per year) S$8,400 (US$5,563) – – –

Financial aid available S$760,000 (US$503,311) – – –

Type of aid available Study aid – – –


Application details Full-time Part-time Asia Pacific UCLA–NUS MBA MBA Executive MBA Executive MBA

Application deadline March 31st May 15th April 30th December 31st

Programme dates Aug start, 12-17 months Aug start, 24-30 months Jul start, 17 months May start, 15 months




Accreditation



Strengths: business in Asia, finance and banking, marketing



“The infrastructure of the school, coupled with the key locational advantage, makes it an ideal choice to leverage on the Asian growth story.”

“Not the greatest alumni network, but it’s building very fast.”


TOEFL; references; 3 essays


TOEFL; 2 references; 3 essays; interview; laptop


TOEFL (English programme only);





Part 2The directory


BackgroundSolvay Business School, founded in 1903 by Ernest Solvay of the eponymous chemicals company, is one of the oldest business schools in Europe. It offers a wide range of undergraduate and graduate pro-grammes (mostly taught in French) and is part of the Université Libre de Bruxelles. Its English-language MBA programme was introduced in the 1990s. The school is closely integrated with its parent university and MBA students use most of its facilities. Faculty members are drawn from the university and from other business schools in Europe and the US.

FacilitiesThe MBA is taught in one of the older buildings on the large Solbosch campus, which is a short drive from the centre of Brussels. Students are expected to have their own computers. For students who do not live in Brussels or the surrounding area, the university’s accommodation office offers rooms on its three campuses (Solbosch, Plaine and Erasme). Private accommodation is also available in houses on the Plaine and Erasme campuses. Full-time MBA Part-time MBAStudent assessment of facilities 3.3 (n/a) –

FacultyNumber of faculty: 8 full-time, 16 part-time, 16 visiting Full-time MBA Part-time MBANumber of faculty per student 0.6 (n/a) 1.1



Programme highlightsSolvay’s 10-month full-time MBA consists of 11 core courses including a leadership and communica-tions course and a number of electives (depending on the concentration chosen but usually about eight). Teaching takes place over five six-week periods, each followed by a week of exams and a one-week break. Specialisations are offered in finance, control and accounting, and strategy and mar-keting. Students must also complete either a business field project or an entrepreneurship project. Electives are offered during the day but also in the evenings and on Saturdays and are shared with part-time students

The two-year part-time MBA is virtually identical to the full-time version and runs in parallel with it (allowing electives to be shared). Classes meet on weekday evenings and Saturday morning. Part-time students must have a full-time job. Full-time MBA Part-time MBAStudent rating of programme 4.2 (n/a) –



Solvay Business School—Université Libre de Bruxelles

Address:

Avenue FD Roosevelt 21BrusselsBelgium1050

Tel:+32 2 650 4167

Fax:+32 2 650 4199


Website:www.solvay.edu/EN/Programmes/mba/index.php

Programme director:Daniel Traca



Part 2The directory

Solvay Business School—Université Libre de Bruxelles

Students








Average age 31 34









Principal recruiters of graduates UCB, Fortis, Distrigas –

Cost

Full-time MBA MBA Solvay Programme, Part-TimeApplication fees – –


Comments – –






Application details

Full-time MBA MBA Solvay Programme, Part-TimeApplication deadline August 22nd August 22nd





Accreditation



“Excellent programme and teachers. Highly diversified environment.”

“Building facilities and meeting rooms are poor.”


Strengths: finance, European business, corporate social responsibility


First degree; at least 3 years’ work experience; TOEFL, IELTS or Cambridge Test;

references; essay

First degree; at least 3 years’ work experience; TOEFL, IELTS or Cambridge Test;

references; essay


Part 2The directory


BackgroundSouthampton School of Management is a typical UK university-based business school with good teach-ing and research and consulting links with industry and government. As well as the MBA, it offers undergraduate degrees in accounting, finance and management science, postgraduate degrees in accounting, banking, finance, information systems, risk management and management science, and doctoral programmes.

FacilitiesThe school occupies a refurbished building on the university campus. Facilities include dedicated post-graduate study and computer rooms, a lecture room, a meeting room and a suite of rooms for small-group work and seminars. On-campus accommodation is available. Southampton is a pleasant and lively city, reasonably close to London, in an attractive rural area. Full-time MBA Part-time MBAStudent assessment of facilities 4.0 (n/a) –




Programme highlightsSouthampton’s one-year full-time MBA is a typical European programme consisting of core courses, electives and a dissertation. Six core courses and six electives are taught during the first two semesters (September–June). Classes are taught for three full days and two evenings a week. The rest of the time is taken up with group work and private study. The programme ends with a dissertation based on an individual piece of research, chosen by the student, which is submitted in mid-September.

The part-time Executive MBA has the same curriculum as the full-time programme and takes 2–3 years to complete. During each academic year, half the core units are scheduled during the day, nor-mally Fridays, and the remainder on weekday evenings, Monday–Thursday. Core units delivered during the day in one year are normally delivered in the evening in the following year, and vice versa. Full-time MBA Part-time MBAStudent rating of programme 3.8 (n/a) –




Address:

Building 2University RoadSouthamptonUKSO17 1BJ

Tel:+44 23 8059 8612

Fax:+44 23 8059 2695


Website:www.management.soton.ac.uk

Programme director:Helene Glasspool



Part 2The directory


Students








Average age 30 37



Full-time MBA Part-time MBANumber of industry sectors that recruited graduates – (n/a) –

Percentage of graduates in jobs 3 months after graduation – (n/a) –

Percentage of graduates finding jobs through careers services – (n/a) –


Post-MBA salary, US$ – (n/a) –

Percentage increase in salary – (n/a) –


Cost

Full-time MBA Part-time MBAApplication fees n/a n/a


Comments – –




Type of aid available Bursaries –

Criteria on which aid is granted By application –

Application details

Full-time MBA Part-time MBAApplication deadline July 31st July 31st

Programme dates Sep start, 12 months Sep start, 24-36 months




Accreditation



“The programme and reputation of the school is very good for the price.“

“Careers service isn’t very proactive.”


Strengths: risk, supply chain management, higher education management


First degree; at least 3 years’ work experience; TOEFL; references;

interview; laptop

First degree (or professional equivalent); at least at least

3 years’ work experience; TOEFL; 2 references


Part 2The directory


BackgroundThe University of South Carolina’s Moore School of Business was founded in 1919 as the School of Com-merce, and in 1998 became the first major business school to be named after a woman in recognition of a US$25m gift from Darla Moore, a business woman and former alumna. The school has nearly 4,000 undergraduate and graduate students and regards itself as one of the pre-eminent business schools in the world, specialising in international business education as well as being a leader in distance learning.

Hildy Teegen, formerly director of the Center for International Business Education and Research and professor of international business and international affairs at George Washington University, took over as dean in September 2007, replacing Joel Smith.

FacilitiesThe school is based in a nine-storey, 330,000 sq ft building with its own library, placement centre and executive education centre. Graduate students have their own designated facilities. Students also have access to the university’s 2,500-seat main library as well as all other university facilities. The building is currently being renovated and the school is fund-raising for a new US$45–50m graduate centre to house the MBA programmes. Full-time MBA Professional MBAStudent assessment of facilities 3.6 (>100) –

FacultyNumber of faculty: 94 full-time Full-time MBA Professional MBANumber of faculty per student 0.9 (31) 0.6



Programme highlightsMoore’s two-year full-time International MBA (IMBA) has a common core of 13 courses and a series of communications workshops followed by two specialised international tracks: the Language Track and the Global Track. Both tracks include a five-month international internship.

The Language Track combines business education with intensive language training in one of eight major languages. The Global Track involves additional course work that focuses on the political, eco-nomic and business factors affecting the investment climate of various regions. After their internships, students on both tracks return to the Moore school. The second year of the programme is designed to allow students to gain depth in their areas of interest.

Classes for the part-time Professional MBA, which can be completed in just over two years, are held on campus in the evenings and some Saturdays. Students take ten core courses and six electives, at least one of which must in international business or international economics. Classes are available in more than 20 locations via live video link and are also broadcast via delayed video streaming.

University of South Carolina—Moore School of Business

Address:

1705 College St.Columbia, SCUS29208

Tel:+1 803 777 5035

Fax:+1 803 777 6876


Website:mooreschool.sc.edu

Programme director:Dr Martin S Roth


Open new career opportunities 54Diversity of recruiters 65Number in jobs three months after graduation 93Jobs found through the careers service 24Student assessment of careers service 39Personal development/educational experience >100Faculty quality 46Student quality 98Student diversity >100Education experience 43



Part 2The directory

University of South Carolina—Moore School of Business

The 22-month part-time International Executive MBA is offered in partnership with Tec de Monterrey EGADE (see page 144) and is aimed at senior Mexican managers in their 30s and 40s. Classes meet on the Tec de Monterrey campus Guadalajara every third weekend. Full-time MBA Professional MBAStudent rating of programme 4.1 (62) –



Students

Full-time MBA Professional MBAAnnual intake 107 158







Average age 27 30



Full-time MBA Professional MBANumber of industry sectors that recruited graduates 7 (65) –






Principal recruiters of graduates Bank of America, Federal Express, Exxon Mobil –

Cost

Full-time MBA Professional MBAApplication fees US$40 US$40


Comments Non-Resident US$52,000 For 21 hours




Type of aid available Work grants, fellowships, fee reductions –


Application details

Full-time MBA Professional MBAApplication deadline May 1st July 1st

Programme dates Jul start, 22 months Sep start, 28 months




Accreditation



“Excellent international exposure, rigorous class work, real-world application.”

“Needs higher quality, more experienced students.”


Strengths: international business, operations and supply chain management, marketing

Weakness: some students have limited experience


TOEFL; references; 6 essays


essay; laptop


Part 2The directory


BackgroundMarshall School of Business began as the College of Commerce and Business Administration in 1920. The Graduate School of Business Administration was established in 1960. In 1997 the school was renamed following a US$35m donation from Gordon S Marshall, an alumnus. It has particular faculty strength in Pacific Rim economies and, given its location a few miles south of Los Angeles, the entertainment industry. It has a strong international approach that permeates most of its programmes. The school has announced plans to increase the faculty, both tenured and junior, over the next five years.

FacilitiesThe school occupies four well-equipped multi-storey buildings—Hoffman Hall, Bridge Hall, the School of Accounting and Popovich Hall, the MBA building—on the University of Southern California (USC) campus. Popovich contains state-of-the-art technology and eight case-study rooms with audio-video teleconferencing facilities. Students have access to all USC facilities. Most students live off campus and a car is a necessity. Full-time MBA Part-time MBA Marshall MBAStudent assessment of facilities 3.8 (92) – –

FacultyNumber of faculty: 134 full-time, 14 part-time Full-time MBA Part-time MBA Marshall MBANumber of faculty per student 0.6 (60) 0.5 0.5



Programme highlightsMarshall’s two-year full-time MBA comprises a straightforward intensive core and two electives deliv-ered in the four-term first year followed by a wide range of electives and concentrations in the second year. The core concludes with PRIME, a required research trip to Pacific Rim countries to visit selected companies, both domestic and multinational, and governmental institutions. Students can choose elec-tive subjects from concentrations or design their own.

The 33-month (it can be taken over five years) part-time MBA for Professionals and Managers (MBA.PM) programme consists of 12 months of core classes followed by electives. After the core all stu-dents take PM Globe, a semester-long macroeconomics course that includes a one-week overseas trip to a Pacific Rim country. The core can be taken at either the USC University Park campus in Los Angeles or the USC Orange County Center in Irvine. All elective courses are taught at the main campus. Students attend classes two evenings a week.

The curriculum of the 21-month Executive MBA focuses on ten integrated themes rather than func-tional disciplines. Classes are held on Fridays and Saturdays on alternating weekends and there are three off-campus residential sessions, two domestic and one international, and an in-company consult-ing project. The EMBA is also offered in San Diego.

University of Southern California—Marshall School of Business

Address:

611 Exposition BlvdPopovich Hall Room 308Los Angeles, CAUS90089

Tel:+1 213 740 6420

Fax:+1 213 947 1991


Website:marshall.usc.edu

Programme director:Cherie Scricca





Part 2The directory

University of Southern California—Marshall School of Business

Marshall offers a Global Executive MBA (GEMBA) in Shanghai in collaboration with Jiaotong University. The IBEAR (International Business Education and Research) MBA is a 12-month full-time programme in international management aimed at mid-career managers. Full-time MBA Part-time MBA Executive MBAStudent rating of programme 4.0 (69) – –



Students











Full-time MBA Part-time MBA Executive MBANumber of industry sectors that recruited graduates 8 (4) – –






Principal recruiters of graduates Amgen, General Electric, Mattel – –

Cost



Comments Total programme Per unit Per unit






Application details

Full-time MBA Part-time MBA Executive MBAApplication deadline April 1st May 1st May 1st





Accreditation



“The focus on globalisation and international business is a real strength.”

“The majority of the faculty fail to teach and relate the materials covered in class to the ‘real world’.”



Weakness: programme can lack practical relevance


interview; laptop


TOEFL; 2 references; 2 essays


2 references; 2 essays


Part 2The directory


BackgroundThe Cox School of Business began as the Department of Commerce of Southern Methodist University (SMU) in 1920. It was established as a school of business in 1941 and the graduate programme began in 1949. Practising executives are closely involved in the tuition and support of MBA students (the school was renamed in 1978 in honour of a Dallas businessman, Edwin L Cox). The full-time MBA class size is small by American standards and there is a lot of interaction among students and between students and faculty.

FacilitiesThe school is housed in a four-building complex and the facilities are excellent, with up-to-date equip-ment including classrooms, breakout and conference rooms, auditorium and dining room. The James M Collins Executive Education Center houses the school’s Executive MBA and executive education pro-grammes. Cox also has a four-building complex in Plano, Texas. Full-time MBA Professional MBA Executive MBA Student assessment of facilities 4.5 (41) – –

FacultyNumber of faculty: 73 full-time, 36 part-time, 1 visiting Full-time MBA Professional MBA Executive MBA Number of faculty per student 1.1 (21) 0.9 1.2



Programme highlightsThe first year of Cox’s two-year full-time MBA programme consists of a mix of compulsory core courses and four electives. Core courses can be waived by exam and replaced with electives. A summer intern-ship is required and credited. The second year is devoted to electives. Students may declare up to two concentrations or opt for the general management concentration, which allows a wide variety of study options.

The two-year part-time Professional MBA (PMBA) is notable for its emphasis on specialisation. In the second half of the programme at least 14 electives are available. These can be grouped into a con-centration or taken more widely. Classes are held on weekday evenings and, on the Dallas campus only, Saturday mornings. The SMU campus in Plano offers core classes on Monday and Wednesday evenings.

The 21-month Executive MBA programme has classes on alternating weekends (Friday and Satur-day). Participants meet in small assigned study groups outside the classroom. International study trips to Latin America and Asia are an important part of the final semester. Full-time MBA Professional MBA Executive MBA Student rating of programme 4.4 (28) – –



Southern Methodist University—Cox School of Business

Address:

P.O. Box 750333Dallas, TX US75275

Tel:+1 214 768 4474


Website:www.coxmba.com

Programme director:Marci Armstrong





Part 2The directory

Southern Methodist University—Cox School of Business

Students

Full-time MBA Professional MBA Executive MBA Annual intake 81 123 93










Full-time Professional Executive MBA MBA MBANumber of industry sectors that recruited graduates 7 (82) – –






Principal recruiters of graduates Frito-Lay, JPMorgan Chase, American Airlines – –

Cost

Full-time MBA Professional MBA Executive MBA Application fees US$75 US$75 US$100


Comments Per year – Total programme




Type of aid available Scholarships, graduate assistantships, loans – –


Application details

Full-time MBA Professional MBA Executive MBA Application deadline April 15th May 17th June 30th

Programme dates Aug start, 22 months Jan start, 24 months Aug start, 21 months




Accreditation



“It is a small class size with good access to a great faculty, in a large city with a lot of opportunities.”

“It’s a regional superstar but not known well nationally.”


Strengths: finance, marketing, strategy and entrepreneurship

Weakness: career placement outside of Texas



interview; laptop

At least 8 years’ work experience;

2 references; 2 essays; interview;

laptop


Part 2The directory


BackgroundStanford Graduate School of Business was founded in 1925 by a group of Californian business leaders organised by Herbert Hoover, an alumnus of Stanford University and 31st president of the US. Hoover wanted to stem the tide of students going east to get a business education, and Stanford was the first graduate school of business west of the Mississippi. The school’s long-standing expertise in public-sec-tor management attracts students from diverse backgrounds. It actively collaborates through multidis-ciplinary courses and research with other parts of Stanford University. Contacts with industry, notably in Silicon Valley but also internationally, are excellent and executives regularly visit the campus.

FacilitiesThe campus is built in a low-rise Spanish style and includes four buildings dedicated to the use of busi-ness school students and faculty. San Francisco and the Bay Area offer many opportunities for sports, arts and leisure, but the campus is some distance from the city. Nevertheless, on-campus sports facili-ties are superb. There is also an impressive on-campus block of student apartments, the Schwab Resi-dential Center.

Philip H Knight, an MBA alumnus and founder and chairman of Nike, is to donate US$105m to the school, US$100m of which will be used to construct a new US$350m campus to be called the Knight Management Center. After raising the balance of funds required, the school planned to break ground on the new management centre in 2008 with occupation scheduled for 2010–11. The remaining US$5m will be used to match other donors’ gifts for faculty endowment. Full-time MBAStudent assessment of facilities 4.4 (40)


Programme highlightsThe Stanford MBA is offered only as a two-year full-time programme. Students study over six academic quarters beginning in the fall. The school introduced a new MBA curriculum in fall 2007. After a com-mon required seven-course programme, General Management Perspectives, in the first quarter, there are no specific required courses but rather a set of courses under the General Management Foundations label aimed at giving students a breadth of knowledge and chosen with the help of a faculty member. In the second year students study an average of 14 electives. Enhancements to the school’s global man-agement curriculum mean that each student is given opportunities for a global study trip, an overseas service-learning trip, an international internship or a student exchange. There are also leadership and communications courses.

Stanford Graduate School of Business

Address:

Stanford Graduate School of Business518 Memorial WayStanford, CAUS94305-5015

Tel:+1 650 723 1771

Fax:+1 650 725 6750

E-mail:www.gsb.stanford.edu/mba/contact/ask_question.html

Website:www.gsb.stanford.edu

Programme director:Sharon Hoffman





Part 2The directory

Stanford Graduate School of Business

The Stanford Sloan Program is a ten-month, full-time academic programme leading to a Master of Science in Management degree. It is designed for mid-career executives, who are generally sponsored by their companies. Participants take six electives alongside full-time MBA students. Full-time MBAStudent rating of programme 4.5 (15)Number of overseas exchange programmes 0 (96)Number of languages on offer 6 (5)

Students Full-time MBAAnnual intake 362Applicants:places 16:1Percentage of women students 35 (34)Percentage of foreign students 42 (71)Average GMAT score 721 (1)Average number of months’ work experience 47 (>100)Age range of students –Average age –Student rating of culture and classmates 4.9 (1)

Recruiters/career services Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 97 (15)Percentage of graduates finding jobs through careers services 58 (67)Student rating of careers service 4.4 (9)Post-MBA salary, US$ 117,681 (10)Percentage increase in salary 58 (52)Principal recruiters of graduates –

Cost Full-time MBAApplication fees US$250Programme fees US$48,921Comments Per yearAccommodation costs (on campus, per year) US$13,113Accommodation costs (off campus, per year) US$13,113Financial aid available US$57mType of aid available Fellowships, loansCriteria on which aid is granted Merit, need

Application details Full-time MBAApplication deadline –Programme dates Sep start, 22 monthsAdmission requirements TOEFL; references; 2 essays; interview by invitation only. GRE accepted.



Accreditation



“The size of the class enables creation of a close-knit community located at the heart of Silicon Valley with great access to all of the industries represented here.”

“The small class size made it difficult to get some of the most desired classes.”


Strengths: general management, finance and economics, organisational behaviour

Weakness: some electives—particularly finance—can be over-subscribed


Part 2The directory


BackgroundThe University of Strathclyde Business School’s Department of Management (previously known as Strathclyde Graduate Business School) has good links with industry and good international connec-tions. It claims a number of firsts, including being the first in the UK to offer a full-time one-year MBA (in 1966), the first UK provider of a part-time MBA, the first to offer a distance-learning programme and the first to offer a DBA (Doctor of Business Administration).

FacilitiesThe department has excellent facilities at its purpose-built city-centre site, which includes teaching and administration blocks, two computer laboratories and business information and audio-visual centres. MBA students have access to the main university library (with 350,000 volumes and 1,250 seats) and good on-campus sports facilities. The department also has a fully equipped two-star Campus Conference and Hotel Centre with 108 bedrooms. Plenty of on-campus accommodation is available. Full-time MBAStudent assessment of facilities 4.3 (61)


Programme highlightsThe Strathclyde MBA can be earned full-time or part-time, and through open-learning, in-company and consortium programmes. There is considerable flexibility in moving between the various delivery options but all have an emphasis on strategic management.

The one-year full-time programme consists of three academic terms and an in-company project (July–September). It is divided into five modules, from a compulsory grounding in basic business to specialised or generalist elective courses and then the final project in module 5.

The part-time evening programme lasts for three years and classes are held on two evenings a week; there are also some weekend sessions.

The flexible-learning (open-learning) programme takes three years on average. Course materials consist of study guides, audiocassettes, videotapes and computer disks. There are also some required face-to-face classes in Glasgow.

The MBA is also offered part-time at a number of international centres: Abu Dhabi, Athens, Bahrain, Dubai, Hong Kong, Malaysia, Oman, Singapore and Zurich.

University of Strathclyde—Graduate School of Business

Address:

199 Cathedral StreetGlasgowUKG61 4BQ

Tel:+44 141 553 6104


Website:www.strathclydemba.com

Programme director:Dr George Burt





Part 2The directory

University of Strathclyde—Graduate School of Business


Students Full-time MBAAnnual intake 68Applicants:places 5:1Percentage of women students 19 (>100)Percentage of foreign students 96 (15)Average GMAT score 590 (91)Average number of months’ work experience 84 (21)Age range of students 26-38Average age 29Student rating of culture and classmates 3.7 (>100)

Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 6 (96)Percentage of graduates in jobs 3 months after graduation 96 (21)Percentage of graduates finding jobs through careers services 45 (83)Student rating of careers service 3.5 (75)Post-MBA salary, US$ 120,000 (8)Percentage increase in salary 33 (71)Principal recruiters of graduates Deloitte, Lloyds TSB, BSkyB

Cost Full-time MBAApplication fees –Programme fees £19,000 (US$38,000)Comments –Accommodation costs (on campus, per year) £4,800 (US$9,600)Accommodation costs (off campus, per year) £5,400 (US$10,800)Financial aid available £50,000 (US$100,000)Type of aid available ScholarshipsCriteria on which aid is granted Various

Application details Full-time MBAApplication deadline –Programme dates Oct start, 12 monthsAdmission requirements First degree; at least 3 years’ work experience; TOEFL; references; 3 essays



Accreditation



“It is a value-for-money MBA programme if you compare the quality of education to the cost.“

“Poor access to alumni network for current students.”


Strengths: strategy and strategic management, entrepreneurship, international business



Part 2The directory


BackgroundFox School of Business in Philadelphia is a large full-range business school with more than 5,500 undergraduate and postgraduate students and more than 145 full-time faculty. Established in 1918, it was named after a benefactor, Richard J Fox, in 1999. The MBA programme started in 1942. With over 42,000 graduates, two-thirds of whom live and work in the Philadelphia metropolitan area, Fox is a major source of management talent in the region and has close relations with business. Business executives are involved in mentoring and advising students, speaking at events, introducing employers to the school and providing financial support.

FacilitiesFox is currently based in Speakman Hall on Temple University’s urban campus. The building was con-structed in 1965 and a new, much bigger building, Alter Hall, should be completed by late 2008 and the two-building complex (Speakman Hall is to be refurbished) will provide up-to-date facilities. Full-time MBAStudent assessment of facilities 3.7 (97)


Programme highlightsFox’s two-year full-time MBA is a typical US programme (though it pushes the core into the second year) consisting of 11 core courses (including a communications course), an enterprise management consult-ing programme and a required internship between the first and second years. Students take 5 courses in a concentration (beginning in the first year).

The part-time Professional MBA has the same curriculum as the full-time version. Most students complete the programme in 3–4 years but the allowed range is 2–6 years. Most classes are held at Fox, with some at the suburban Fort Washington campus.

Fox’s 22-month Executive MBA has an unusual three days a month schedule (one Friday and two Sat-urdays), which means there is no overnight stay. There is a seven-day international study trip during the programme and an interesting and somewhat unusual emphasis on career planning and management.

The international MBA is a 12-month full-time programme rotating between Fox and partner institu-tions in Paris, Mumbai and Tokyo, each of which teaches a portion of the programme. There is also an entrepreneurship consulting project during the Philadelphia part of the programme.

Temple University—Fox School of Business

Address:

Speakman Hall1810 N. 13th StreetPhiladelphia, PAUS19122

Tel:+1 215 204 8732

Fax:+1 215 204 1632


Website:www.fox.temple.edu/grad/

Programme director:Jason Bozzone


Open new career opportunities 74Diversity of recruiters 50Number in jobs three months after graduation 75Jobs found through the careers service 61Student assessment of careers service >100Personal development/educational experience >100Faculty quality 73Student quality 91Student diversity 90Education experience >100



Part 2The directory

Temple University—Fox School of Business

Full-time MBAStudent rating of programme 3.4 (>100)Number of overseas exchange programmes 40 (25)Number of languages on offer 1 (>100)

Students Full-time MBAAnnual intake 68Applicants:places 4:1Percentage of women students 37 (44)Percentage of foreign students 38 (67)Average GMAT score 637 (65)Average number of months’ work experience 48 (89)Age range of students 23-36Average age 27Student rating of culture and classmates 3.5 (>100)

Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (50)Percentage of graduates in jobs 3 months after graduation 89 (75)Percentage of graduates finding jobs through careers services 53 (61)Student rating of careers service 3.3 (>100)Post-MBA salary, US$ 80,964 (87)Percentage increase in salary 59 (97)Principal recruiters of graduates Advanta, KPMG, Ernst & Young

Cost Full-time MBAApplication fees US$50Programme fees US$34,020Comments Total programmeAccommodation costs (on campus, per year) –Accommodation costs (off campus, per year) –Financial aid available US$600,000Type of aid available ScholarshipsCriteria on which aid is granted Merit



Accreditation



“For those wanting to learn international business, I would highly recommend this programme.”

“Few recruiters came, and most were local.”


Strengths: finance, international business, entrepreneurship



Part 2The directory


BackgroundMcCombs School of Business at the University of Texas at Austin is one of the oldest and most distin-guished business schools in the burgeoning US south-west. In 2000 Texan entrepreneur Red McCombs invested US$50m in the school, allowing it to launch an aggressive expansion plan. It is a full-range school with over 6,000 students and 2,000 executive education participants each year and more than 75,000 alumni. Prominent alumni include national and international leaders. Links with local business are strong and fully utilised.

FacilitiesThe school is housed in three interconnected buildings in the heart of the university campus with 26 classrooms, over 500 offices, 13 research centres and 5 computer laboratories with 300 computers and over 1,000 network ports as well as wireless network access. The new MBA Carpenter Center Lounge offers private study space for students as well as work and conference rooms for student organisations and ten private meeting rooms. The Ford Career Interview Center has 43 private interviewing suites for on-campus recruiting. Full-time MBAStudent assessment of facilities 4.2 (85)


Programme highlightsIn the McCombs two-year full-time MBA, core courses and electives overlap. The ten-course core is taken during the two-semester first year and the first semester of the second, and electives start in the second semester of the first year. The Plus Program is a series of optional team-oriented, non-graded seminars covering such things as sales and negotiation, careers, business ethics and global trade. There is no requirement to group electives into a concentration although several are offered.

The three-year part-time Texas Evening MBA has the same curriculum as the full-time version. Stu-dents attend classes in the fall, spring and summer semesters. Classes meet on Monday and Tuesday evenings, with three one-week residential “intensive experiences”.

The two-year Texas MBA is a variation on an executive MBA. Students attend classes in the fall, spring and summer semesters. Classes are held on Friday evenings and all day Saturday, with two one-week residential courses. The programme is held in two locations, Houston and Dallas.

The two-year Executive MBA is a traditional programme for mid-career professionals with classes scheduled on campus on alternate weekends (Friday and Saturday). The programme is also held at Tec

University of Texas at Austin—McCombs School of Business

Address:

1 University Station, B6000Austin, TXUS78712

Tel:+1 512 232 6723

Fax:+1 512 232 9167


Website:mba.mccombs.utexas.edu

Programme director:Dr Eric Hirst





Part 2The directory

University of Texas at Austin—McCombs School of Business

de Monterrey, Campus Santa Fe, offering an MBA from McCombs and a Master’s of Administration from Tec de Monterrey. Full-time MBAStudent rating of programme 4.1 (63)Number of overseas exchange programmes 35 (69)Number of languages on offer 6 (5)


Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 94 (41)Percentage of graduates finding jobs through careers services 75 (50)Student rating of careers service 3.7 (31)Post-MBA salary, US$ 93,649 (57)Percentage increase in salary 68 (80)Principal recruiters of graduates Dell, Citi, Deloitte

Cost Full-time MBAApplication fees US$125Programme fees US$37,222Comments US$20,418 for Texas residentsAccommodation costs (on campus, per year) –Accommodation costs (off campus, per year) US$13,500Financial aid available US$9mType of aid available Scholarships, federal loans, private loansCriteria on which aid is granted Merit, need

Application details Full-time MBAApplication deadline April 1stProgramme dates Aug start, 21 monthsAdmission requirements First degree; at least 2 years’ work experience; TOEFL; references; 3 essays



Accreditation



“Excellent mix of rigorous academics, diverse recruiting opportunities, friendly/collegial atmosphere, and access to local firms.”

“Facilities are getting a bit old.”


Strengths: finance, marketing, management



Part 2The directory


BackgroundThunderbird was the first (and for a long time only) international business school in the US (it was formed in 1946 on a second world war pilot training base outside Phoenix, hence the odd name). In recent years many other schools around the world have moved into its niche market. However, Thunder-bird’s international reputation, strong corporate links, opportunities to study abroad and large alumni network (more than 36,000 managers in over 140 countries) continue to make it highly attractive for students and recruiters.

FacilitiesThunderbird has excellent facilities. The school is mainly residential so social activity is strongly focused on the school. Sports facilities are superb. The lifestyle is relaxed and Phoenix offers good cultural, sports and leisure amenities. Arizona is extremely hot in summer and comfortably balmy in winter. Full-time Executive Global MBA (On MBA MBA – Arizona Demand/Latin American Managers)

Student assessment of facilities 4.0 (84) – –

FacultyNumber of faculty: 45 full-time, 3 part-time, 10 visiting Full-time Executive Global MBA (On MBA MBA – Arizona Demand/Latin American Managers)

Number of faculty per student 0.1 (>100) 1.1 –



Programme highlightsThunderbird’s MBA in Global Management is offered as a Traditional or an Accelerated programme. In both an internship is optional, meaning that the Traditional programme can be completed in 15 or 20 months and the Accelerated programme in 11 or 16 months. The Accelerated programme requires a major or minor in business, or the completion of specific quantitative courses, or a minimum of five years’ work experience including one year managing a budget and staff. Both options share the same core followed by the same focus options. Each focus consists of a mix of required and elective courses. To graduate, students must have second-language proficiency, undertake a “global experience” such as an overseas study trip, complete a global enterprise course and complete three non-credit courses focusing on leadership development.

The 16-month Executive MBA has classes all day Friday and Saturday on alternate weekends. The programme includes two one-week residential sessions and an international study tour. Students must be proficient in a second language before graduation. The school also runs a 14-month modular EMBA in Prague, Czech Republic; a distance-learning Global MBA for Latin American Managers, offered with Tec de Monterrey at various sites; and a 19-month distance-learning Global On Demand programme.

Thunderbird School of Global Management

Address:

15249 N. 59th AveGlendale, AZUS85306

Tel:+1 602 978 7249

Fax:+1 602 439 5432


Website:t-bird.edu

Programme director:Dr Kay Keck


Open new career opportunities >100Diversity of recruiters 84Number in jobs three months after graduation >100Jobs found through the careers service 72Student assessment of careers service 76Personal development/educational experience >100Faculty quality 78Student quality >100Student diversity 85Education experience 84



Part 2The directory

Thunderbird School of Global Management

Full-time Executive Global MBA (On MBA MBA – Arizona Demand/Latin American Managers)Student rating of programme 4.1 (72) – –Number of overseas exchange programmes 15 (91) – –Number of languages on offer 6 (58) – –

Students Full-time Executive Global MBA (On MBA MBA – Arizona Demand/Latin American Managers)Annual intake 351 51 2Applicants:places 2:1 2:1 2:1Percentage of women students 31 (62) 24 24Percentage of foreign students 44 (63) 13 171Average GMAT score 598 (86) n/a n/aAverage number of months’ work experience 60 (77) 144 84Age range of students 25-30 31-44 25-47Average age 27 36 30Student rating of culture and classmates 3.9 (75) – –

Recruiters/careers service Full-time Executive Global MBA (On MBA MBA – Arizona Demand/Latin American Managers)Number of industry sectors that recruited graduates 7 (84) – –Percentage of graduates in jobs 3 months after graduation 69 (>100) – –Percentage of graduates finding jobs through careers services 65 (72) – –Student rating of careers service 3.2 (76) – –Post-MBA salary, US$ 81,000 (88) – –Percentage increase in salary 84 (57) – –Principal recruiters of graduates American Express, Bristol Myers Squibb, Cisco – –

Cost Full-time Executive Global MBA (On MBA MBA – Arizona Demand/Latin American Managers)

Application fees US$125 US$125 US$125

Programme fees US$1,258 US$77,000 US$61,650 and US$41,000

Comments Per credit Total programme On-Demand and Latin American Managers, respectively

Accommodation costs (on campus, per year) US$1,100/trimester – –

Accommodation costs (off campus, per year) US$2,400/trimester – –


Type of aid available Scholarships, grants, loans, campus employment – –


Application details Full-time Executive Global MBA (On MBA MBA – Arizona Demand/Latin American Managers)Application deadline June 30th May 15th June 30thProgramme dates Aug start, 20 months Aug start, 16 months Aug start, 19 monthsAdmission requirements



Accreditation



“Thunderbird has the most amazing student body and ambiance; the international/global aspects of business are always present during class and on campus.”

“It’s in the middle of the desert, which reduces recruiters and strategic alignments with tech companies/research institutions.”


Strengths: finance, marketing, international development

Weakness: location


TOEFL; references; essays; interview; laptop

First degree; at least 8 years’ work experience; 2 references; 2 essays;

laptop


experience; 2 references; 2 essays


Part 2The directory


BackgroundTiasNimbas Business School is the result of the merger in October 2006 of Tias Business School (the business school of Tilburg University and Eindhoven University of Technology) and Universiteit NIMBAS. The rationale behind the merger (effectively Tias took over NIMBAS) was to develop a business school with the size and reach to compete in the increasingly competitive and global business school market. Although there has been some rationalisation, the school has retained the original NIMBAS suite of MBA programmes (most of them validated by Bradford School of Management and leading to the Brad-ford MBA) and added them to Tilburg’s executive education offerings.

FacilitiesTiasNimbas has modern, well-equipped campuses in Tilburg and Eindhoven. It also has facilities in Berlin, Bonn, Utrecht and Taipei. Full-time MBA Two-year Part-time MBA International (Tilburg, Utrecht or Bonn) Executive MBA

Student assessment of facilities 3.7 (>100) – –

FacultyNumber of faculty: 3 full-time, 5 part-time, 11 visiting Full-time MBA Two-year Part-time MBA International (Tilburg, Utrecht or Bonn) Executive MBA

Number of faculty per student 0.2 (62) 0.3 0.4



Programme highlightsThe various MBA programmes offered by TiasNimbas are validated by Bradford School of Management and students are awarded the Bradford MBA (including specialisations).

The one-year full-time MBA, taught in Utrecht, consists of an introductory session, ten core mod-ules, three elective modules and a project. Each module is taught over four days and there are exams at the end of each one. The programme places considerable emphasis on pre-course reading, tutorials and small study groups.

The MBA is also offered part-time in Utrecht and in Bonn, Germany, in English, and in Tilburg in Dutch.The Executive MBA involves six two-week modules or residencies over two years. The modules rotate

among the campuses of the four collaborating institutions (Purdue University in West Lafayette, US; Tilburg University; Central European University, Budapest, Hungary; and GISMA Business School in Han-nover, Germany). One of the residencies takes place in Asia.

TiasNimbas Business School

Address:

TiasNimbas Business School, Campus UtrechtKromme Nieuwegracht 39UtrechtThe Netherlands3512 HD

Tel:+31 13 466 8612

Fax:+31 13 466 8619


Website:www.tiasnimbas.edu

Programme director:Maggie ONeill





Part 2The directory

TiasNimbas Business School

Full-time MBA Two-year Part-time MBA International (Tilburg, Utrecht or Bonn) Executive MBA

Student rating of programme 3.9 (82) – –



Students


Annual intake 35 61 43











Number of industry sectors that recruited graduates 8 (64) – –

Percentage of graduates in jobs 90 (83) – –3 months after graduation

Percentage of graduates finding jobs 33 (92) – –through careers services

Student rating of careers service 2.5 (>100) – –



Principal recruiters of graduates Philips, ING, Konami Gaming – –

Cost


Application fees €100 (US$137) €100 (US$137) €0 (US$0)







Criteria on which aid is granted Merit, essay – –

Application details


Application deadline July 15th July 31st December 31st

Programme dates Sep start, 13 months Sep start, 24 months Feb start, 24 months




Accreditation



“Great development of internationalism with excellent mix of nationalities.”

“The career services were not well organised and mainly focused on students who had no or little work experience.”


Strengths: strategy, finance, marketing


First degree; at least 3 years’ work experience; GMAT; TOEFL or IELTS; references; 5 essays


TOEFL or IELTS; 2 references; interview;

laptop


experience; 2 references; interview;

laptop


Part 2The directory


BackgroundThe Michael Smurfit Graduate School of Business (founded in 1908 as the then Faculty of Commerce) was named after an Irish businessman, Michael Smurfit, following his gift of an endowment in the late 1980s. Its original part-time MBA programme started in 1964 and the full-time programme was added in 1990. University College Dublin (UCD), the national university of Ireland, was founded in 1851 by Car-dinal John Henry Newman. It has produced some of Ireland’s most influential cultural, commercial and political figures including James Joyce. The school has good business links and a strong research base.

FacilitiesThe school is based in a beautifully refurbished former convent at Blackrock, south of the main univer-sity campus at Belfield (a bus service connects them). It provides some of the best facilities of any Euro-pean school. A new library opened in January 2006, following conversion of the old convent church. Set in 25 acres of parkland overlooking Dublin Bay, it has up-to-date IT facilities, syndicate and seminar rooms, a large student common room and computer labs. The school is undertaking a €70m (US$96m) campaign to further expand the campus. As well as academic facilities, there is accommodation for 180 students in single rooms with shared bathroom and self-catering dining facilities. Postgraduate accommodation is also available on the Belfield campus and MBA students can use all its amenities. The school campus is within walking distance of the shops, bars and restaurants of Blackrock and Dublin can be reached by DART (Dublin Area Rapid Transit) or bus. Full-time MBAStudent assessment of facilities 4.0 (89)


Programme highlightsSmurfit’s one-year full-time MBA is in the European general management tradition with an emphasis on group work, the case method and project work. Each class is divided into learning teams of five or six students who work together on projects and assignments. The programme is based on five terms and begins with a non-credit one-week introductory session. Students then take a mix of required core and elective courses and an overseas study tour. The programme ends with the option of a research project, a company placement, an international exchange or more electives.

The two-year Executive MBA can be studied either two evenings a week or on Friday afternoon and Saturday morning at the Blackrock campus, or two evenings a week at the Institute of Bankers in central Dublin. The curriculum is similar to the full-time programme. Specialist EMBA programmes are also offered.

University College Dublin—Michael Smurfit Graduate School of Business

Address:

Carysfort AvenueBlackrockCo. DublinIreland

Tel:+353 1 716 4306

Fax:+353 1 716 8991


Website:www.ucd.ie/smurfitschool

Programme director:Nick Barniville





Part 2The directory

University College Dublin—Michael Smurfit Graduate School of Business



Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 93 (42)Percentage of graduates finding jobs through careers services 75 (22)Student rating of careers service 3.2 (>100)Post-MBA salary, US$ 123,288 (13)Percentage increase in salary 48 (99)Principal recruiters of graduates McKinsey & Co, Dell, Quality Hotels

Cost Full-time MBAApplication fees €35 (US$48)Programme fees €29,500 (US$40,411)Comments Total programmeAccommodation costs (on campus, per year) €5,000 (US$6,849)Accommodation costs (off campus, per year) €6,000 (US$8,219)Financial aid available €162,250 (US$222,260)Type of aid available ScholarshipsCriteria on which aid is granted Regional, creativity, ideas, merit, GMAT

Application details Full-time MBAApplication deadline July 11thProgramme dates Sep start, 11 monthsAdmission requirements First degree; at least 3 years’ work experience; GMAT; TOEFL or IELTS; references; 3 essays



Accreditation



“The best networking contacts in Ireland, great mixtures of classmates and a well focused curriculum.”

“One of the weakest aspects of the programme is that the careers services is not dependable, especially for foreign students. In addition, there are few links to non-Irish companies.”


Strengths: finance, entrepreneurship, strategy



Part 2The directory


BackgroundThe Anderson School began in 1935 as the university’s College of Commerce with just seven faculty (transferred from the accounting and economics departments) to teach business fundamentals and basics skills such as typing, shorthand and penmanship to high-school graduates (the aim was for them to become teachers themselves) in the Los Angeles and southern California area. Now it teaches some 1,600 students in full-time MBA, part-time MBA, executive MBA and doctoral programmes and a large executive education portfolio. The school is strong on globalisation, entrepreneurship and technology and says its mission is to be a global leader in management education, research and service.

FacilitiesThe school is based in a purpose-built, red-brick, six-building academic village on the UCLA campus, close to Santa Monica, Malibu, Bel Air and Beverly Hills, opened in 1995. The complex provides excel-lent teaching, library and technology facilities. Information technology is pervasive and students must have an approved laptop computer. Students have access to all the university facilities, including a full range of sports and leisure amenities. Limited on-campus accommodation is available in the graduate residence hall and in married-student apartments. Full-time MBA Fully Employed MBA Executive MBAStudent assessment of facilities 4.1 (60) – –

FacultyNumber of faculty: 79 full-time, 34 part-time Full-time MBA Fully Employed MBA Executive MBANumber of faculty per student 0.3 (>100) 0.4 1.6



Programme highlightsThe Anderson full-time MBA starts with the five-day, two-unit Leadership Foundations course, which also acts as an orientation week and prepares students for the MBA programme. This is followed by the ten-course core, which is studied over three quarters with students working in assigned sections of 72. They then take 12 electives, which allow them to concentrate on one or more areas of study (though this is not required). Three of these are designated as “free electives”, which can be taken as advanced man-agement courses or in other departments at UCLA. The programme concludes with a two-quarter team project. This can be a management field study (a consultancy-like project), developing a business plan (business creation), or a special project such as building a model to prove a financial theory or conduct-ing an industry-wide study.

The 33-month part-time MBA (known as the Fully Employed MBA, FEMBA) has a similar curriculum to the full-time version, though with slightly fewer electives. Students generally take two classes a quarter and one in the summer, although this can be accelerated. Some electives can be taken during the day

UCLA—Anderson School of Management

Address:

110 Westwood PlazaLos Angeles, CaliforniaUS90095-1481

Tel:+1 310 206 7537


Website:www.anderson.ucla.edu

Programme director:Kevin McCardle





Part 2The directory

UCLA—Anderson School of Management

with full-time students. There is an international study trip in the third year.The 22-month Executive MBA is fairly traditional in structure with classes on Fridays and Saturdays

on alternate weekends. It has the same core curriculum as the other MBA programmes. There are resi-dential sessions at the beginning of the programme, an in-company team project and an international study trip at the end of the programme.

Anderson also runs an Executive MBA programme (the UCLA-NUS EMBA) jointly with the National University of Singapore (see page 270). Full-time MBA Fully Employed MBA Executive MBAStudent rating of programme 4.1 (37) – –



Students Full-time MBA Fully Employed MBA Executive MBAAnnual intake 360 253 72



Percentage of foreign students 33 (90) n/a n/a






Recruiters/careers service Full-time Fully Employed Executive MBA MBA MBANumber of industry sectors that recruited graduates 8 (1) – –






Principal recruiters of graduates Yahoo, Deloitte, Google – –

Cost Full-time MBA Fully Employed MBA Executive MBAApplication fees US$175 US$175 US$175


Comments In-state, per year Per year Per year




Type of aid available Scholarships, loans, – – assistantships, fellowships


Application details

Full-time MBA Fully Employed MBA Executive MBAApplication deadline April 23rd April 2nd April 1st





Accreditation



“The finance department is loaded with academic heavyweights who have performed excellent research.”

“Need for more staff internally to support larger student body.”


Strengths: finance, entrepreneurship, marketing


First degree; TOEFL; references; essays


interview; laptop


interview; laptop


Part 2The directory


BackgroundVanderbilt University’s Graduate School of Management was founded in 1969 by local Tennessee busi-nesses to be a regional centre of excellence. It began with just ten students and ten faculty and has remained determinedly small. In 1977 the business school was named after Ralph (a former chairman of American Express) and Lulu Owen in recognition of their contributions to the school’s development.

FacilitiesThe school is based in Management Hall, an attractive modern block that also incorporates the 19th-century exterior of one of the university’s oldest buildings, Mechanical Engineering Hall, built in 1888. Library and computer facilities are excellent and students have access to all the university sports and recreational amenities. On-campus housing is available, but most MBA students stay off campus where housing is plentiful and reasonably priced. Full-time MBA Executive MBAStudent assessment of facilities 4.7 (7) –




Programme highlightsOwen’s two-year full-time MBA is based on a solid core of 12 courses including leadership courses and an in-company project (mostly in the first year) and elective concentrations or career-focused special-isations. Concentrations are typically six courses in a particular field and students can choose to follow more than one. Each semester is divided into two seven-week modules. Concentrations can be comple-mented with an “emphasis” (additional approved course work) and students can also take “free” elec-tives, often in other schools of the university. The programme is rigorous and quantitative.

The programme is also offered as a specialist MBA in healthcare.The 21-month Executive MBA is traditional in style and content. Participants meet on campus on

alternate weekends (Friday and Saturday). The programme begins in August with a full week of inten-sive instruction at an off-campus site to allow students and faculty to get to know each other. There is a group strategy project and an international study trip in the second year. Full-time MBA Executive MBAStudent rating of programme 4.2 (54) –



Vanderbilt University—Owen Graduate School of Management

Address:

401 21st Avenue SouthNashville, TNUS37203

Tel:+1 615 343 7570

Fax:+1 615 322 2667


Website:www.owen.vanderbilt.edu

Programme director:Jon Lehman





Part 2The directory

Vanderbilt University—Owen Graduate School of Management

Students








Average age 28 37









Principal recruiters of graduates Bank of America, Citi, Deloitte –

Cost



Comments Per year Per term






Application details

Full-time MBA Executive MBAApplication deadline March 1st June 30th





Accreditation



“Owen is growing and maturing. This is a very exciting time to be here.”

“It needs to build a better core marketing programme.”


Strengths: finance, human resources, strategy

Weakness: marketing





Part 2The directory


BackgroundDarden Graduate School of Business Administration has a strong general management approach and is well known for its commitment to the case method and its high workload in the early stages of the full-time MBA. It fosters a close community spirit, with supportive faculty and close links with local and international business. Darden is on the campus of the University of Virginia in Charlottesville.

FacilitiesFacilities at Darden have been continuously upgraded and stunning buildings are packed with high-tech features. The school is closely integrated with the University of Virginia, founded by Thomas Jefferson in 1819. The university dominates the historic university town of Charlottesville and Jefferson’s origi-nal and beautiful “academical village”, known as The Lawn and one of the most important architectural sites in the US, still exists and is used as a residence for favoured faculty and students. Housing is avail-able both on and off campus but can be expensive. There are plenty of leisure activities in the state of Virginia, which is close to the power centres of Washington and New York. Full-time MBAStudent assessment of facilities 4.6 (8)

FacultyNumber of faculty: 68 full-time, 24 part-time Full-time MBANumber of faculty per student 0.3 (>100)Percentage of faculty with PhD 96 (56)Student rating of faculty 4.7 (6)

Programme highlightsThe integrated first-year curriculum of Darden’s 21-month full-time MBA consists of ten functional core courses and is particularly intensive. Students also take three elective courses in the fourth quarter. Virtually all teaching is done by the case method and students prepare up to 14 cases a week. First-year students are divided into sections of around 60 (rotated after the first semester) and are also assigned to five- or six-person learning teams, which analyse cases before and after class. No majors are required in the second year, though students generally group electives into areas of career-based interest. Students can also opt for an in-company or entrepreneurial project.

The 22-month Executive MBA holds classes once a month, either Friday and Saturday or Thursday, Friday and Saturday. Additionally, students attend four intensive seven-day residencies, including an international study trip. Between sessions, classes continue via distance learning. Full-time MBAStudent rating of programme 4.6 (2)Number of overseas exchange programmes 25 (82)Number of languages on offer 0 (>100)

University of Virginia—Darden Graduate School of Business Administration

Address:

100 Darden Blvd.Charlottesville, VAUS22903

Tel:+1 434 924 4575

Fax:+1 434 924 4724


Website:www.darden.virginia.edu/html/area.aspx?styleid=4

Programme director:Robert Carraway





Part 2The directory

University of Virginia—Darden Graduate School of Business Administration


Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 97 (16)Percentage of graduates finding jobs through careers services 78 (11)Student rating of careers service 4.0 (16)Post-MBA salary, US$ 100,575 (35)Percentage increase in salary 55 (81)Principal recruiters of graduates Bank of America, Danaher, Goldman Sachs

Cost Full-time MBAApplication fees US$190Programme fees US$45,500Comments In-state residents receive a US$5,000 discountAccommodation costs (on campus, per year) US$6,500Accommodation costs (off campus, per year) US$7,200Financial aid available US$50mType of aid available Scholarships, loansCriteria on which aid is granted Merit

Application details Full-time MBAApplication deadline February 28thProgramme dates Aug start, 21 monthsAdmission requirements Work experience; TOEFL; references; 3 essays



Accreditation



“Very integrated curriculum in core classes. Case study method is an amazing way to learn.”

“Marketing electives are not as strong as general management ones.”


Strengths: ethics, general management, functional excellence with an enterprise perspective

Weakness: marketing


Part 2The directory


BackgroundVlerick Leuven Gent Management School was created by the 1999 merger of Vlerick School of Manage-ment (at Gent University) and the management education elements of Katholieke Universiteit Leuven. With autonomous university status, the school is the biggest in Belgium with strong links to industry. The constituent parts of the school have a long history of MBA education. Vlerick, for example, was founded in 1953 and when it was converted into a business school in 1988 it became Belgium’s leading school. Katholieke Universiteit Leuven started its MBA in 1968. The student body is diverse and, with low tuition fees, the school is generally reckoned to be excellent value for money.

FacilitiesThe school’s two main campuses are in Leuven and Gent; in 2006 it opened a third campus in St Peters-burg. The full-time MBA is taught at Leuven, an ancient university town. The university was founded in 1425 and counts Erasmus and Mercator among its alumni. The management school is based in a refur-bished building in the centre of Leuven. It is self-contained and dedicated to postgraduate manage-ment students, with three lecture theatres and private workrooms, all equipped with projection and com puter technology. There is no on-campus accommodation but housing is fairly readily available. The Gent campus has recently been refurbished. Full-time MBAStudent assessment of facilities 4.2 (90)


Programme highlightsVlerick’s full-time International MBA has a strong European focus and is only offered at the Leuven cam-pus. The 11-month programme consists of an introductory module; a main module (the core) that covers all the functional domains necessary for the professional management of a company; and a final phase that includes a management simulation, an international exchange at partner universities or business schools and an eight-week in-company consultancy project.

The two-year part-time MBA is offered at the Gent and Leuven campuses in English (a Dutch-lan-guage version is also offered in Gent). The programme is virtually identical to the full-time version. Classes are held twice a week. The programme is also available in English in St Petersburg.

The school also offers a specialised MBA in Financial Services and Insurance and an Executive MBA in co-operation with Amsterdam Business School.

Vlerick Leuven Gent Management School

Address:

Vlamingenstraat 83LeuvenBelgium3000

Tel:+32 16 24 88 87

Fax:+32 16 24 88 00


Website:www.Vlerick.com/MBA

Programme director:Peter Rafferty





Part 2The directory

Vlerick Leuven Gent Management School

Full-time MBAStudent rating of programme 3.8 (>100)Number of overseas exchange programmes 300 (2)Number of languages on offer 6 (5)


Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 7 (68)Percentage of graduates in jobs 3 months after graduation 100 (4)Percentage of graduates finding jobs through careers services – (n/a)Student rating of careers service 3.5 (63)Post-MBA salary, US$ 117,440 (26)Percentage increase in salary 65 (68)Principal recruiters of graduates GSK, KBC, KPMG

Cost Full-time MBAApplication fees €50 (US$68)Programme fees €17,000 (US$23,288)Comments –Accommodation costs (on campus, per year) €3,500 (US$4,795)Accommodation costs (off campus, per year) €3,500 (US$4,795)Financial aid available €150,000 (US$205,479)Type of aid available ScholarshipsCriteria on which aid is granted Merit, need

Application details Full-time MBAApplication deadline June 30thProgramme dates Aug start, 11 monthsAdmission requirements First degree; at least 3 years’ work experience; GMAT; TOEFL; references; essays



Accreditation



“International, small class, good teachers, good job opportunities after graduation.”

“There is a lack of electives.”


Strengths: entrepreneurship, cross-cultural management, corporate social responsibility



Part 2The directory


BackgroundWake Forest University’s Babcock Graduate School of Management is relatively new, founded in 1969, and small by US standards. It teaches only graduate-level and non-degree executive education programmes. Its location on two campuses in Charlotte and Winston-Salem in North Carolina puts it close to the Uni-versity of North Carolina (Kenan-Flagler) and Duke University (Fuqua) in a vibrant area of the US. The school is named after Charles Babcock, a businessman and philanthropist, who made an initial donation to found the school. It has a strong entrepreneurial and international emphasis and good guest-speaker series. Steve Reinemund, former CEO and chairman of PepsiCo, took over as dean in summer 2008.

FacilitiesBabcock is based in the Worrell Professional Center for Law and Management on Wake Forest University’s Winston-Salem campus. Facilities, which include 30 private study rooms open 24 hours a day, library, com-puter lab, student lounge, cafés and a bookstore, are good. Evening and Saturday MBAs and executive education programmes are based at the school’s One Morrocroft Center in Charlotte’s South Park area. The Morrocroft Center, which is networked to the Worrell Center, includes classrooms, seminar and study rooms and is accessible by students 24 hours a day. The school plans to move its Charlotte operations into new offices which will be part of an urban park and 48-story office tower currently being developed. Full-time MBAStudent assessment of facilities 4.5 (52)


Programme highlightsBabcock’s two-year full-time MBA has a focus on entrepreneurship (which the school defines widely) but is traditional in design with a first year of mainly core courses, which are closely integrated, and two mini-electives. The case method is used extensively. The second year is largely devoted to electives, which must be grouped into “career” concentrations. Students can take two primary concentrations or major and minor concentrations. They also take two further core courses and, if they have less than three years’ work experience, an in-company project.

The MBA is also taught part-time over six semesters (two years) as an evening programme at Win-ston-Salem and Charlotte. Students take 14 core courses and three elective courses. There is a two-day residential session in the fourth and final semesters and an optional international study tour. Charlotte hosts the Saturday MBA, a similar programme with classes on 39 Saturdays a year over two years.

The Executive MBA is a 17-month programme and classes are held on alternating Fridays and Satur-days. There are two short residence sessions, and an international study trip is included in the tuition fees.

Wake Forest University—Babcock Graduate School of Management

Address:

Worrell Professional Center, Room 21191834 Wake Forest RoadWinston-Salem, North CarolinaUS27106

Tel:+1 336 758 3559

Fax:+1 336 758 5830


Website:www.mba.wfu.edu

Programme director:Charles Iacovou


Open new career opportunities 68Diversity of recruiters 90Number in jobs three months after graduation 88Jobs found through the careers service 48Student assessment of careers service 28Personal development/educational experience >100Faculty quality 74Student quality 99Student diversity 99Education experience 60



Part 2The directory

Wake Forest University—Babcock Graduate School of Management


Students Full-time MBAAnnual intake 81Applicants:places 4:1Percentage of women students 33 (57)Percentage of foreign students 21 (>100)Average GMAT score 639 (60)Average number of months’ work experience 42 (>100)Age range of students 24-32Average age 27Student rating of culture and classmates 3.8 (83)

Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 7 (90)Percentage of graduates in jobs 3 months after graduation 78 (88)Percentage of graduates finding jobs through careers services 67 (48)Student rating of careers service 4.0 (28)Post-MBA salary, US$ 81,012 (85)Percentage increase in salary 64 (63)Principal recruiters of graduates Bank of America, Scotia Capital, Alltel

Cost Full-time MBAApplication fees US$75Programme fees US$33,400Comments –Accommodation costs (on campus, per year) –Accommodation costs (off campus, per year) US$5,000Financial aid available US$1.7mType of aid available Scholarships, stipends, loansCriteria on which aid is granted Merit, need

Application details Full-time MBAApplication deadline May 1stProgramme dates Aug start, 18 monthsAdmission requirements First degree; TOEFL; references; 2 essays; interview



Accreditation



“The small class size, and the team approach is a solid one. Additionally we have one on one access to the faculty.”

“Needs more diversity.”



Weakness: student diversity


Part 2The directory


BackgroundWarwick Business School is a full-range school, teaching undergraduates, postgraduates and doc-toral students, and has close links to its parent university. In European terms it is large, with around 315 staff and 8,000 students, of whom only about 1,300 are undergraduates. It has a strong reputation in the UK for research and excellent links with industry. The school is notable for the variety of MBA delivery modes, including full-time, modular and distance learning, all with considerable flexibility and the opportunity to switch between them.

FacilitiesThe school occupies a large modern building on the University of Warwick campus, just outside Coventry and facilities, including lecture rooms, seminar and syndicate rooms, computer lab, library and offices, are good. The third phase of a £30m (US$60m) building project opened in 2007, doubling postgradu-ate teaching resources and providing an IT resource centre and 100 offices. The final £12m (US$24m) phase will include more social space for staff and students as well as teaching and study facilities. MBA students have access to the university library business section. The university has good sports and cultural facilities. On-campus accommodation is available in postgraduate residences and flats. Full-time MBA Executive MBA Distance learning MBAStudent assessment of facilities 4.4 (47) – –

FacultyNumber of faculty: 38 full-time, 2 part-time, 8 visiting Full-time MBA Executive MBA Distance learning MBANumber of faculty per student 0.6 (14) 0.5 24.0



Programme highlightsWarwick’s one-year full-time MBA consists of three university terms (nine months) of class teaching and an individual in-company project and dissertation during the summer term (three months) which can be undertaken outside the UK. Students take seven core courses and six electives. As with the other programmes, electives can be taken in any mode (full-time, modular or distance learning). Careers and personal development are well covered in a series of workshops. An additional required course, The Practice of Management, covers soft skills throughout the programme. Students are also expected to learn a second language. An exchange can be undertaken within the 12-month programme or used to extend it to 15 months.

The part-time MBA for Executives has exactly the same curriculum and structure as the full-time ver-sion and is taught via week-long modules. Again, electives may be studied via a variety of modes. There are two entry dates, March and October. Most students complete the programme in three years but it is possible to accelerate this.

Warwick Business School

Address:

Warwick Business SchoolUniversity of WarwickCoventryUKCV4 7AL

Tel:+44 24 7652 8225

Fax:+44 23 7657 4400


Website:www.warwickmba.com

Programme director:Thomas Ahrens





Part 2The directory

Warwick Business School

The distance-learning MBA also has the same curriculum. The programme can be completed in 3–8 years. All students are required to attend an eight-day seminar on campus at Warwick each year. Full-time MBA Executive MBA Distance learning MBAStudent rating of programme 4.3 (42) – –



Students

Full-time MBA Executive MBA Distance learning MBAAnnual intake 72 97 –










Full-time Executive Distance MBA MBA learning MBANumber of industry sectors that recruited graduates 7 (80) – –






Principal recruiters of graduates Johnson & Johnson, Capgemini, Celtel – –

Cost

Full-time Executive Distance MBA MBA learning MBAApplication fees £80 (US$160) – –


Comments Total programme Per year Per year

Accommodation costs (on campus, per year) £5,450 (US$10,900) – –





Application details

Full-time MBA Executive MBA Distance learning MBAApplication deadline July 31st August 15th October 31st

Programme dates Sep start, 12 months Oct start, 36 months Jan start, 36 months




Accreditation



“Excellent student cohort; accessible faculty; good research faculty; overall a good strong programme.”

“The careers service is something they need to work on.”


Strengths: marketing and strategy, operations management, finance



IELTS; 3 essays

First degree; at least 4 years’ work experience; TOEFL or IELTS; 2 references; 2 essays; interview

First degree; at least 4 years’ work experience; TOEFL or IELTS; 2 references;

2 essays


Part 2The directory


BackgroundThe University of Washington (UW) Business School was founded in 1917 and is the second-oldest management education institution on the US west coast. It is a full-range school with about 2,500 stu-dents enrolled on its undergraduate and graduate programmes each year and over 1,000 participants in executive education. The school makes the most of its location in Seattle, a world centre of IT and entrepreneurialism and the headquarters of Microsoft, Starbucks, Boeing and Amazon. It has close con-nections with business as well as a large alumni base in the Seattle business community. In September 2007 the school was named the Michael G Foster School of Business following a US$50m gift from the Foster Foundation, set up by the Foster family, notable local financial services business leaders.

FacilitiesThe school is based in a group of four buildings on the university campus. The five MBA classrooms were refurbished in 2004. Students have a large lounge on the first floor with a computer centre and business library next door. The Executive MBA programme is housed in the Bank of America Executive Education Center, which includes tiered classrooms, administration offices, a large meeting room and the 125-seat Boeing auditorium. Plans are under way to build new facilities, with construction scheduled to start during 2008. Full-time MBA Evening MBA Executive MBAStudent assessment of facilities 4.3 (63) – –




Programme highlightsUW’s two-year full-time MBA is taught over three quarters each year. The first year includes an integrat-ed six-course core, a leadership development course and two electives. The second year is given over to nine electives, which can be specialised or taken broadly, and a required ethics course. As well as course work, students are required to complete two “international perspective activities” and three “practical experience activities” during the programme.

The part-time Evening MBA is taught over ten consecutive ten-week quarters (three years). The curriculum and structure are essentially the same as the full-time version. The first seven quarters are dedicated to the core and the remaining three to electives. Classes generally meet on Monday and Wednesday evenings during core courses and assigned study groups of 5–6 people usually meet once a week on another evening. Elective courses are offered once a week, Monday–Thursday, and students usually take two electives in each quarter.

University of Washington—Business School

Address:

Box 353200, Mackenzie Hall 110Seattle, WashingtonUS98195-3200

Tel:+1 206 685 8395

Fax:+1 206 616 7351


Website:foster.washington.edu/mba/

Programme director:Dan Poston





Part 2The directory

University of Washington—Business School

The 21-month Executive MBA is fairly traditional in content and structure and is offered in two formats. The Regional EMBA is aimed at managers in the Seattle area and classes meet one day a week, alternating Fridays and Saturdays. The North American MBA is aimed at a wider geographical market and classes meet for one three- or four-day (Wednesday or Thursday through Saturday) session once a month.

The Global Executive MBA is an 18-month programme in South Korea offered through a partnership between UW and Yonsei University Graduate School of Business Administration.

UW also offers an 18-month specialised Technology Management MBA. Full-time MBA Evening MBA Executive MBAStudent rating of programme 4.2 (57) – –



Students

















Principal recruiters of graduates Microsoft, Amazon.com, Wells Fargo Bank – –

Cost



Comments Per year Per year Total programme






Application details

Full-time MBA Evening MBA Executive MBAApplication deadline February 15th April 15th May 1st





Accreditation



“Great, supportive faculty interested in growing the knowledge and experience of students.”

“UW is very much a Pacific Northwest/Northern California school. While the teaching is excellent, those looking to work elsewhere upon graduation may have to do some serious work on their own to find the right job.”



Weakness: location limits recruiter diversity


interviews by invitation


2 references; 3 essays; interview; laptop;

evaluation day


3 references; 1 essay; interview; letter of

endorsement


Part 2The directory


BackgroundWashington University in St Louis dates back to 1853 and the business school was founded in 1917, mainly as an undergraduate school. It added an MBA in 1950. The John M Olin School of Business, named in 1988 in honour of the chairman of the Olin Corporation, a major benefactor of Washington University, has a strong research base and good contacts with industry. St Louis is a centre for large US corporations, and the school has good range of visiting speakers. Olin is a full-range school, teaching business subjects from undergraduate to doctorate level. It is quite small, with just under 800 under-graduate students and around 850 masters’ and doctoral students.

FacilitiesThe school is based in John E Simon Hall, an 80,000 sq ft building containing student lounges, class-rooms, seminar rooms, faculty offices, a library, a computer lab, rooms for small-group study, and offices for student organisations and clubs. It also makes uses the Charles F Knight Executive Education Center, a five-storey, 135,000 sq ft building with conference rooms, classrooms and breakout rooms. Full-time MBA Professional MBA Executive MBAStudent assessment of facilities 4.3 (38) – –

FacultyNumber of faculty: 61 full-time, 35 part-time, 6 visiting Full-time MBA Professional MBA Executive MBANumber of faculty per student 0.5 (68) 0.7 1.1



Programme highlightsOlin’s two-year full-time MBA is in the mainstream American tradition but offers considerable flexibility. The four semesters are each divided into two mini-terms. The first semester concentrates on business fundamentals and includes a required careers management course; electives begin in the second semes-ter. There is no requirement to nominate a major but concentration tracks are offered. Some electives can be taken in other schools of the university. Extra-curricular workshops, self-development courses, guest-speaker programmes and careers activities run throughout the programme.

The Professional MBA (PMBA) is a part-time programme generally taught over nine consecutive semesters (fall, spring and summer each year) in three years. Each semester is divided into two mini-terms covering two subjects. Most of the core courses are taught in the first year. Over half of the pro-gramme consists of elective courses. Classes are held two evenings a week.

The 20-month Executive MBA is taught at the Charles F Knight Executive Education Center. There are two formats, monthly and weekend. The monthly programme begins in September, with classes once a month on Thursday, Friday and Saturday. The weekend programme begins in January, with classes on alternate weekends (Friday and Saturday). Both programmes include on-campus and international residencies.

Washington University in St Louis—Olin School of Business

Address:

Campus Box 1133One Brookings DriveSt. Louis, MOUS63130-6309

Tel:+1 314 935 6322

Fax:+1 314 935 4464


Website:www.olin.wustl.edu

Programme director:Joseph Fox





Part 2The directory

Washington University in St Louis—Olin School of Business

The 18-month Shanghai Executive MBA is a partnership between Washington University and Fudan University in Shanghai. Students attend classes on four consecutive days a month, Friday–Monday, in Shanghai. The programme ends with a two-week study session at Olin. Students receive a full MBA from Olin and an Education Certificate from Fudan University. Full-time MBA Professional MBA Executive MBAStudent rating of programme 4.2 (40) – –



Students

Full-time MBA Professional MBA Executive MBAAnnual intake 149 141 97










Full-time MBA Professional MBA Executive MBANumber of industry sectors that recruited graduates 8 (4) – –






Principal recruiters of graduates Citi, Emerson, Johnson & Johnson – –

Cost

Full-time MBA Professional MBA Executive MBAApplication fees US$100 US$100 US$100


Comments – Per credit –




Type of aid available Fellowships, scholarships, loans – –


Application details

Full-time MBA Professional MBA Executive MBAApplication deadline May 1st August 1st September 21st

Programme dates Aug start, 21 months Aug start, 36 months Sep start, 20 months




Accreditation



“It has great faculty who genuinely care about their students and because of the smaller size, the students are really able to have a relationship with the professors and deep relationships with their classmates.”

“Small school size makes it difficult [for the careers service] because not as many employers come to campus.”


Strengths: finance, marketing, strategy/consulting


First degree; TOEFL; 2 essays; interview;

laptop


essays




Part 2The directory


BackgroundThe School of Business at the University of Wisconsin-Madison is one of the oldest business schools in the US, offering its first business programme in 1900. The school is full range, teaching from under-graduate to doctoral level, and the MBA is just one of a number of graduate degrees that offer a compre-hensive coverage of the business scene. The teaching faculty have a good reputation for research and scholarly publishing, but the school also puts a strong emphasis on teaching skills, with student evalua-tions, teaching skills classes and promotion based partly on classroom performance.

In autumn 2007 the school received a gift of US$85m from a small group of alumni, the “Wisconsin Naming Partnership”. Ironically, the point of the partnership and the gift is to prevent the school being named after a single benefactor for the next 20 years.

FacilitiesThe school is based in Grainger Hall, which houses 30 classrooms, three auditoriums, eight computer labs, videoconference facilities and a library. A US$40.5m extension, scheduled to open in autumn 2008, will provide room for each of the career specialisations that make up the full-time Wisconsin MBA. The Fluno Center for Executive Education has meeting rooms and classrooms, an auditorium, dining and ban-quet facilities, 100 residence rooms, a fitness centre and a study pub with views of downtown Madison. Full-time MBA Evening MBA Executive MBAStudent assessment of facilities 4.6 (19) – –




Programme highlightsWisconsin-Madison’s two-year full-time MBA provides a high level of career specialisation for students. Electives are grouped into 13 career-linked specialisations rather than majors and start as early as the first semester. There are also nine core courses in the first year. In the second year, as well as specialisa-tion courses, there is a required strategy course.

The three-year part-time Evening MBA is a general management programme without majors or spe-cialisations. Students study core courses and then advanced functional courses. Classes are held on Monday and Thursday evenings including summer semesters. There is a one-week international study tour in the second year.

The two-year Executive MBA is fairly typical in content and structure. Classes are held on campus on Friday and Saturday on alternate weeks during the academic year, and there is a residential week at the beginning of the programme. In the second year there is an international study trip. The first year con-

University of Wisconsin-Madison—Graduate School of Business

Address:

975 University AvenueGrainger HallMadison, WIUS53704

Tel:+1 608 263 9634

Fax:+1 608 265 4192


Website:www.bus.wisc.edu/mba

Programme director:Ken Kavajecz





Part 2The directory

University of Wisconsin-Madison—Graduate School of Business

sists largely of MBA core-type courses and the second year is concerned with wider themes, particularly financial management, business strategy and global business issues. Full-time MBA Evening MBA Executive MBAStudent rating of programme 4.2 (59) – –



Students






Average number of months’ work experience 48 (>100) 60 192











Principal recruiters of graduates GE, General Mills, Abbott Vascular – –

Cost



Comments Per year Per year Per year




Type of aid available Assistantships, scholarship, fellowship – –


Application details

Full-time MBA Evening MBA Executive MBAApplication deadline – April 15th May 1st

Programme dates Aug start, 21 months Sep start, 36 months Aug start, 20 months




Accreditation



“Great bang for the buck. Focused approach prepares you exceptionally well for future career responsibilities.”

“Limited exposure to international cases/business practices.”


Strengths: marketing, finance, real estate

Weakness: internationalism


experience; TOEFL; references; 4 essays;

interview; laptop


experience; TOEFL; 3 references; 2 essays


experience; 3 references;

2 essays; current résumé and employer

endorsement form


Part 2The directory


BackgroundThe Graduate School of Business Administration, or Wits Business School as it is universally known, was founded in 1968, making it 40 years old this year. The school is part of the University of the Witwa-tersrand’s Faculty of Commerce, Law and Management. Within the business school there are a number of associate centres, including the Management Development Unit and the South African Management Project. Wits has excellent links with national and international business and is also closely integrated with its parent university.

FacilitiesThe school is based in Parktown in Johannesburg, within easy reach of much of the South African busi-ness community. Facilities include a 230-seat auditorium, a 140-seat auditorium, three 75-seat lecture rooms and 30 syndicate rooms. The school also has executive education facilities in Cape Town. Full-time MBA Part-time MBAStudent assessment of facilities 3.5 (n/a) –




Programme highlightsThe Wits MBA is taught full-time, part-time or as a combination of the two. The full-time programme lasts 14 months, although the school says this is equivalent to a two-year programme (classes are held six days a week and some evenings and there is no long summer vacation). The first half of the programme is taken up with fundamental and core courses (both are essentially traditional core courses) and the second half with a research report and five electives. Electives can be grouped into specialist streams.

The three-year part-time programme is identical to the full-time version and classes are normally held two evenings a week, though occasional Saturday morning classes may be scheduled. Students must also attend at least one week of full-time study at the school during the programme. There are two entry dates in January and April.

The MBA is also taught as a combined full-time and part-time programme over 20 months with stu-dents attending full-time for the first eight months and then switching to the part-time programme for a further year. Full-time MBA Part-time MBAStudent rating of programme 4.0 (n/a) –



University of the Witwatersrand—Wits Business School

Address:

2 St Davids PlaceParktownJohannesburgSouth Africa2193

Tel:+27 11 717 3624

Fax:+27 11 717 3538


Website:www.wbs.ac.za

Programme director:Zimasa Koyana



Part 2The directory

University of the Witwatersrand—Wits Business School

Students








Average age 31 32









Principal recruiters of graduates Accenture, Ericsson, Barclays –

Cost

Full-time MBA MBA Part TimeApplication fees R300 (US$43) –

Programme fees R105,000 (US$14,894) R105,000 (US$14,894)

Comments – –

Accommodation costs (on campus, per year) R35,000 (US$4,965) –

Accommodation costs (off campus, per year) R45,000 (US$6,383) –

Financial aid available R105,000 (US$14,894) –



Application details

Full-time MBA MBA Part TimeApplication deadline December 15th December 15th

Programme dates Apr start, 14 months Jan start, 3 years




Accreditation



“The school has a great history and a quality faculty. It is making an effort to improve customer service.”

“The administration at the school could be greatly improved.”




First degree; at least 3 years’ work experience; GMAT; TOEFL; references


TOEFL; 2 references; interview


Part 2The directory


BackgroundYale University was founded by a group of Connecticut clergy in 1701 and its name has an unusual provenance. In 1717 Elihu Yale, a Welsh merchant, donated nine bales of “goods” valued at £562 12s (shillings), including books and a portrait of King George. Although he apparently never saw the uni-versity, this makes it possibly the first instance of an American academic institution naming itself after a benefactor.

Yale School of Management has traditionally taught the benefits of best-practice management in the public and non-profit sectors as well as the commercial world (its MBA used to be an MPPM or Masters in Public and Private Management). Although this emphasis has eased a little in recent years, it remains a central tenet of the school

FacilitiesThe school is closely integrated with the university and students have access to all libraries and sports and recreational facilities. It is housed in four historic mansions at the top of Hillhouse Avenue, linked through a contemporary addition. Three of them contain classrooms, faculty offices and study halls and the fourth is the base for Yale’s International Center for Finance. New Haven offers a range of intellec-tual, cultural and artistic activities, and is just one hour from New York City and two hours from Boston. Some on-campus accommodation is available but most students rent apartments.

The school intends to build an entirely new campus, more than twice its current size (poor facilities is a recurring student gripe). A 4.5-acre site at the northern “entrance” to the Yale campus has been selected. Ground-breaking is expected in autumn 2009. Full-time MBAStudent assessment of facilities 4.1 (64)


Programme highlightsYale’s full-time two-year MBA has an integrated core curriculum focusing on the interdisciplinary basis of a manager’s work rather than specific functional disciplines. It begins with Orientation to Manage-ment, a series of introductory courses lasting about six weeks. These cover basic management concepts and tools and the development of techniques to improve interpersonal effectiveness and teamwork. Career development is also covered. This is followed by Organisational Perspectives, a series of eight multidisciplinary courses lasting 12 weeks. These are structured around the organisational roles in which a manager must engage, motivate and lead. They cover the main management disciplines as well

Yale School of Management

Address:

135 Prospect StreetP O Box 208200New Haven, CTUS06520-8200

Tel:+1 203 432 5949

Fax:+1 203 432 9992


Website:mba.yale.edu

Programme director:Stanley J Garstka





Part 2The directory

Yale School of Management

as values-based and ethical issues. The final part is the six-week Integrated Leadership Perspective, a series of interdisciplinary cases that describe challenges faced by organisational leaders.

The second year is devoted to elective courses (one or two may be taken in the first year) and is largely traditional. Students can take a three-course concentration and courses can be taken in other schools of the university. Yale’s non-competitive grading system of distinction, proficient, pass or fail supposedly encourages students to take risks and collaborate more effectively.

Yale also offers a part-time Leadership in Healthcare MBA for Executives, designed for professional managers in public, private and non-profit healthcare organisations. The programme mixes a core of tra-ditional courses, such as accounting, economics, finance, marketing and operations, with parallel health-care-specific courses. There is a two-week residency at the start of the first year and a one-week residency at the start of the second year. Classes are held on alternating weekends (Friday and Saturday). Full-time MBAStudent rating of programme 4.4 (19)Number of overseas exchange programmes 12 (88)Number of languages on offer 6 (5)


Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 94 (52)Percentage of graduates finding jobs through careers services 66 (59)Student rating of careers service 4.0 (26)Post-MBA salary, US$ 99,307 (40)Percentage increase in salary 53 (87)Principal recruiters of graduates Citi, Standard & Poor’s, JPMorgan

Cost Full-time MBAApplication fees US$200Programme fees US$42,000Comments –Accommodation costs (on campus, per year) –Accommodation costs (off campus, per year) US$6,300Financial aid available –Type of aid available ScholarshipsCriteria on which aid is granted Merit

Application details Full-time MBAApplication deadline –Programme dates Aug start, 21 monthsAdmission requirements First degree; TOEFL; references; 3 essays



Accreditation



“Integrated approach to teaching management, that truly emphasises applying skills cross-functionally. The international experience is also unique.”

“The administration is still ironing out the new curriculum, so there is still room for improvement.”


Strengths: finance, strategy/economics, non-profit management

Weakness: new curriculum still bedding in


Part 2The directory


BackgroundYork University’s Schulich School of Business was formerly the Faculty of Administrative Studies (founded in 1966). In 1995 Seymour Schulich donated C$15m to the university for the business school, which was named in his honour. It is highly international and has strategic alliances in more than 45 countries.

FacilitiesSchulich moved into a new building on the main campus of York University in Toronto in 2003. It houses 1,500 graduate and 1,250 undergraduate business students as well as participants on executive education programmes and the facilities are impressive. The school also has a downtown campus, the Miles S Nadal Management Center, in the city’s financial district. Full-time MBAStudent assessment of facilities 4.6 (44)


Programme highlightsSchulich’s full-time MBA consists of a first year of core courses and a second year that includes a strat-egy capstone course, electives and a team project (the Strategy Field Study). Students can join the pro-gramme in September or January, but January admission usually means attending a summer term. The programme can be completed in a minimum of 16 months over four consecutive terms; the average is 20 months with a summer break. The maximum time allowed is 24 months over six terms. Students with an undergraduate business degree can reduce the programme length by about half.

The part-time MBA has the same curriculum as the full-time version and it is possible to switch between the two. Students with a business degree can take an accelerated track and there are also opportunities for exchanges. It can be studied at the main campus or at the school’s downtown campus in central Toronto. A weekend version of the part-time programme has classes on alternate weekends (Saturdays and Sundays).

The International MBA (IMBA) builds on the general MBA but includes specialist areas such as regional studies, languages and an overseas internship.

Schulich also runs a joint Executive MBA with Northwestern University’s Kellogg School of Manage-ment (see page 232). This is an 18-month part-time sponsored programme with classes on alternate weekends. Graduates receive a Kellogg–Schulich EMBA degree and become alumni of both Northwest-ern and York universities.

York University—Schulich School of Business

Address:

4700 Keele StreetToronto, OntarioCanadaM3J 1P3

Tel:+1 416 736 5546

Fax:+1 416 736 5763


Website:www.schulich.yorku.ca

Programme director:David Dimick





Part 2The directory

York University—Schulich School of Business



Recruiters/careers service Full-time MBANumber of industry sectors that recruited graduates 8 (4)Percentage of graduates in jobs 3 months after graduation 95 (49)Percentage of graduates finding jobs through careers services 81 (20)Student rating of careers service 3.9 (53)Post-MBA salary, US$ 90,000 (69)Percentage increase in salary 161 (4)Principal recruiters of graduates CIBC, TD Bank, RBC

Cost Full-time MBAApplication fees US$125Programme fees US$60,000Comments Total programmeAccommodation costs (on campus, per year) US$9,000Accommodation costs (off campus, per year) US$11,000Financial aid available US$4.8mType of aid available Scholarships, bursaries, awards, research assistantships, teaching assistantshipsCriteria on which aid is granted Merit, need

Application details Full-time MBAApplication deadline May 1stProgramme dates Sep start, 8-16 monthsAdmission requirements First degree; at least 2 years’ work experience; TOEFL or IELTS; references; 5 essays; résumé



Accreditation



“The culture at the school is very important. The faculty, students and administration all work together to build the spirit of the school.”

“Sculich is still in the process of building an alumni network.”


Strengths: international strategy, finance, marketing



AppendixComparative

tables


Appendix: comparative tables

American (Kogod) 42 570 74,714 – 3 520

Arizona (Eller) 36 603 75,003 93 2 –

Ashridge 144 565 148,000 60 5 550

Aston 78 620 97,040 95 4 –

Audencia (Nantes) 120 620 127,500 100 3 550

Bath 108 n/a 112,062 98 3 600

Birmingham 84 n/a 87,000 85 5 –

Bocconi 60 640 96,055 88 0 –

Boston 57 668 85,277 92 0 –

Bradford 96 n/a 80,000 72 3 –

Brandeis 48 585 83,787 81 2 500

British Columbia (Sauder) 67 617 74,766 86 2 –

California at Berkeley (Haas) 60 710 101,859 100 0 –

California at Davis 48 672 85,555 100 0 –

Cambridge (Judge) 84 690 110,000 100 3 –

Cape Town 84 545 64,539 65 3 550

Carnegie Mellon (Tepper) 48 698 97,394 97 0 –

Case Western (Weatherhead) 37 611 72,949 92 0 –

Chicago 58 710 103,219 99 0 –

China Europe Int Business School 68 686 41,165 90 2 600

Chinese University of Hong Kong 66 610 52,538 91 3 550

City (Cass) 84 646 127,290 92 3 600

Columbia 60 709 107,265 98 0 –

Cornell (Johnson) 60 686 98,000 92 0 –

Cranfield 96 660 116,904 76 3 600

Curtin 144 n/a 95,167 100 3 –

Dartmouth (Tuck) 60 715 107,406 100 0 –

Dublin (Trinity) 144 571 118,297 85 3 550

Duke (Fuqua) 66 690 98,510 97 – –

Durham 120 600 85,832 89 3 600

EADA 48 620 100,000 38 3 600

Edinburgh 72 n/a 105,714 88 3 –

EGADE 26 n/a – 93 3 –

Emory (Goizueta) 58 685 93,059 89 0 –

ESADE 64 650 95,263 78 2 580

Florida (Hough) 40 682 66,669 96 2 –

Georgetown (McDonough) 28 677 90,082 91 60 –

Georgia (Terry) 54 661 71,908 100 2 –

Glasgow 84 n/a 99,614 83 3 –

Grenoble 108 650 92,810 65 3 –

Harvard 48 713 115,000 92 0 –

HEC Montréal 84 600 65,047 60 3 –

HEC Paris 72 664 132,940 69 3 –

Comparative data, full-time programmes Key data Admission requirements

School Average number Average Post MBA Percentage Number of Minimum of months’ work GMAT salary of faculty years’ work GMAT score experience score (US$) with a PhD experience required required



7:1 42 27 24–29 43 US$28,226

3:1 64 25 22–30 20 US$28,469 Per year for non-Arizona residents

3:1 26 35 29–45 38 £29,500 (US$59,000)

6:1 67 28 25–41 48 £19,950 (US$39,900)

3:1 20 32 26–39 40 €19,000 (US$26,027)

6:1 30 32 25–40 43 £18,500 (US$37,000)

10:1 91 31 26–40 27 £16,600 (US$33,200)

3:1 109 29 25–32 40 €36,000 (US$49,315)

37:1 158 29 25–32 38 US$36,540

7:1 121 29 25–39 24 £17,950 (US$35,900) For EU students. £18,950 (US$37,900) for non-EU students

3:1 60 28 28–32 40 US$36,122

3:1 126 29 25–35 33 C$38,967 (US$36,418)

14:1 239 29 26–32 33 US$40,737 For non-California residents

6:1 56 27 23–36 43 US$38,747

6:1 150 30 27–35 33 £30,500 (US$61,000)

150:1 78 34 32–36 26 R73,790 (US$10,467)

7:1 182 27 24–32 25 US$47,800

3:1 92 26 23–31 31 US$35,333 Per year

– 555 28 25–31 33 US$47,260 Per year

3:1 191 29 25–33 35 US$35,000

5:1 52 29 26–32 36 HK$270,000 (US$34,615) Total programme

5:1 80 30 26–36 37 £28,000 (US$56,000) Total programme

8:1 711 28 25–31 34 US$43,436 Total programme

7:1 310 28 24–32 25 US$44,950

3:1 129 31 26–36 23 £26,500 (US$53,000)

3:1 59 31 25–39 39 A$29,100 (US$24,250) Total programme

10:1 255 28 25–32 34 US$42,990 Per year

11:1 30 34 27–44 27 €28,500 (US$39,041)

7:1 429 29 26–34 36 US$44,100 Per year

7:1 54 31 26–40 24 £20,500 (US$41,000)

3:1 89 29 25–40 38 €25,500 (US$34,932)

5:1 66 31 27–37 27 £22,800 (US$45,600)

1:1 52 26 22-39 60 US$29,919 Total programme

6:1 180 28 25–32 31 US$37,200 Per year


4:1 96 26 24–29 27 US$45,706 2-year, out-of-state

7:1 264 28 23-38 32 US$39,984

6:1 45 27 22–44 31 US$27,036 Per year

12:1 46 31 25–39 18 £13,000 (US$26,000) £16,000 (US$32,000) for non-EU students

3:1 26 31 25–33 16 €23,000 (US$31,507)

8:1 901 27 – 36 US$43,800 Per year

2:1 175 31 26–35 30 C$5,800 (US$5,421)

5:1 190 29 23–38 29 €42,000 (US$57,534)

Class characteristics Programme fees

Ratio of Student Average Age Percentage Programme fees Commentsapplicants intake age range of women

to places students



Henley 144 n/a 156,000 95 4 –

Hong Kong SB 54 670 57,727 100 3 600

Hong Kong UST 60 643 78,307 100 1 –

Hult 82 606 92,073 57 3 –

IE 48 685 98,767 89 3 640

IESE 60 688 116,438 99 0 –

Illinois 36 633 82,693 100 0 –

IMD 84 671 130,000 97 3 –

Imperial (Tanaka) 66 641 114,000 71 3 600

Indian Institute (Ahmedabad) 24 n/a 59,879 97 0 650

Indiana (Kelley) 60 690 88,644 78 0 –

INSEAD 72 700 108,082 99 2 –

International University of Japan 58 591 59,443 100 0 –

Iowa (Tippie) 48 652 73,702 90 0 –

Lancaster 84 650 100,000 84 3 600

Leeds 60 n/a 96,210 81 3 –

London 66 690 119,964 98 3 –

E.M. Lyon 88 627 89,041 93 3 –

McGill 54 645 81,963 83 2 –

Macquarie 95 n/a 121,719 94 5 –

Manchester 72 623 110,000 86 3 –

Mannheim 54 650 97,945 100 3 –

Maryland (Smith) 60 650 88,629 98 0 –

MIT (Sloan) 60 710 107,990 100 0 –

Melbourne 96 640 98,424 98 2 570

Michigan (Ross) 60 700 99,265 92 0 –

Minnesota (Carlson) 54 665 87,188 86 0 –

Monaco 78 528 108,219 100 0 –

Monash 96 n/a 95,833 96 4 –

Nanyang 72 653 52,892 94 2 600

New York (Stern) 59 700 100,376 60 0 –

Newcastle 96 n/a 94,070 86 3 –

North Carolina (Kenan–Flagler) 65 685 92,505 95 2 –

Northwestern (Kellogg) 60 708 104,100 96 0 –

Norwegian BI 84 580 94,027 100 3 500

Notre Dame (Mendoza) 53 673 85,746 90 2 –

Nottingham 72 n/a 89,485 77 3 –

Nyenrode 72 570 98,173 62 3 –

Ohio (Fisher) 50 661 87,446 94 0 –

Otago 79 566 112,464 67 3 550

Oxford (Saïd) 72 680 130,000 98 3 600

Penn State (Smeal) 51 654 83,098 98 0 –

Comparative data, full-time programmes continued Key data Admission requirements







4:1 117 30 23–45 34 US$42,780

4:1 286 29 26–35 35 €49,100 (US$67,260)

8:1 210 28 25–31 27 €64,900 (US$88,904)

5:1 103 27 24–33 30 US$28,910 US$19,910 for Illinois residents

5:1 90 31 28–33 22 SwFr58,000 (US$48,333) Total programme

4:1 48 31 25–33 38 £28,000 (US$56,000)

665:1 257 23 20–25 13 Rs450,000 (US$10,883) US$18,000 for overseas students

5:1 236 28 22–45 27 US$33,414

– 919 29 26–33 29 €50,000 (US$68,493) Total programme

3:1 52 30 24–35 31 ¥1.9m (US$16,135)

2:1 65 26 23–31 25 US$25,717 Out-of-state; US$14,387 in-state

8:1 76 29 25–33 26 £18,500 (US$37,000)

10:1 54 28 24–34 33 £17,000 (US$34,000) £19,000 (US$38,000) for non-EU students


3:1 37 31 26–38 35 €29,500 (US$40,411)

7:1 57 28 25–30 42 C$20,000 (US$18,692) Per year

1:1 71 32 28–38 24 A$3,000 (US$2,500) Per unit


3:1 36 31 26–38 37 €29,000 (US$39,726) Total programme

8:1 126 28 24–34 33 US$27,910 Per year

10:1 383 28 25–32 31 US$44,556

6:1 43 30 25–38 37 A$50,000 (US$41,667)

7:1 427 28 25–32 34 US$43,100 Per year

5:1 92 28 – 32 US$56,144 Total programme


7:1 45 31 26–36 34 A$43,840 (US$36,533) Total programme

6:1 113 30 25–37 28 S$29,000 (US$19,205) Total programme

9:1 370 0 0–0 27 US$39,800 Per year

12:1 30 29 25–35 23 £15,950 (US$31,900)

6:1 283 29 26–34 28 US$41,900

– 636 28 26–31 33 US$46,791 Per year for two-year students. US$62,388 for one-year students

3:1 17 31 25–46 35 NKr225,000 (US$38,396)

5:1 129 27 20–38 21 US$36,015

6:1 57 30 24–42 40 £17,500 (US$35,000) Total programme; £18,500 (US$37,000) for overseas students


5:1 141 27 23–32 26 US$22,989 Per year

2:1 13 33 26–45 31 NZ$27,844 (US$20,474) NZ$36,000 (US$26,471) for overseas students

– 220 29 25–34 – £30,000 (US$60,000) £3,200 (US$6,400) for college membership

6:1 86 28 23–34.6 30 US$28,712 Per year



to places students



Pennsylvania (Wharton) 66 712 110,550 100 0 –

Pittsburgh (Katz) 36 616 72,000 96 0 –

Purdue (Krannert) 49 666 84,506 97 0 –

Queensland 84 n/a 71,983 100 3 550

Rice (Jones) 48 644 89,006 94 0 –

Rochester (Simon) 49 676 84,137 81 0 –

Royal Holloway 60 550 – – 36 –

Rotterdam (Erasmus) 66 640 99,934 99 2 –

Sheffield 72 n/a 81,857 88 3 –

Singapore 48 657 54,002 92 2 –

Solvay 72 580 79,781 100 3 –

South Carolina (Moore) 39 638 75,402 100 2 600

Southampton 79 n/a – – 36 –

Southern California (Marshall) 60 689 88,841 87 0 –

Southern Methodist (Cox) 45 640 83,978 92 0 –

Stanford 47 721 117,681 97 0 –

Strathclyde 84 590 120,000 90 3 –

Temple (Fox) 48 637 80,964 92 3 –

Texas (McCombs) 60 672 93,649 95 2 –

Thunderbird 60 598 81,000 91 2 550

TiasNimbas 72 600 85,418 67 3 550

UCLA (Anderson) 60 704 95,000 100 0 –

UC Dublin (Smurfit) 96 630 123,288 89 3 550

Vanderbilt (Owen) 55 644 89,268 85 0 –

Virginia (Darden) 54 688 100,575 96 0 –

Vlerick Leuven Gent 84 640 117,440 97 3 550

Wake Forest (Babcock) 42 639 81,012 97 0 –

Warwick 96 610 134,200 87 3 –

Washington BS 67 679 84,992 91 0 –

Washington St Louis (Olin) 48 674 85,583 98 3 600

Wisconsin–Madison 48 662 82,000 89 2 –

Wits 72 630 63,830 52 3 550

Yale 48 700 99,307 98 3 600

York (Schulich) 72 661 90,000 98 3 600

Comparative data, full-time programmes continued Key data Admission requirements




8:1 802 28 26.5–32.9 37 US$99,444 Total programme


7:1 140 28 24–31 23 US$34,940 Per year

4:1 29 27 23–35 24 A$36,000 (US$30,000) Per year for domestic students

5:1 124 27 23–32 32 US$36,000 Per year

– 165 26 – 27 US$39,030 Per year

7:1 54 29 25-40 45 £12,600 (US$25,200) £15,375 for non-EU students

5:1 104 29 26–34 28 €36,000 (US$49,315)

8:1 64 27 27–33 20 £15,800 (US$31,600) £10,600 (US$21,200) for EU students

32:1 126 29 26–34 39 S$40,000 (US$26,490)

2:1 33 31 24–41 61 €16,000 (US$21,918)

3:1 107 27 23–31 34 US$35,000 Non-resident US$52,000

8:1 41 30 24-43 39 £16,500 (US$33,000)


5:1 81 27 24–30 28 US$40,692 Per year

16:1 362 – – 35 US$48,921 Per year

5:1 68 29 26–38 19 £19,000 (US$38,000)


6:1 264 28 25–32 28 US$37,222 US$20,418 for Texas residents

2:1 351 27 25–30 31 US$1,258 Per credit


– 360 28 22–38 34 US$36,860 In-state, per year


4:1 214 28 24–32 28 US$39,992 Per year

8:1 318 28 26–30 31 US$45,500 In-state residents receive a US$5,000 discount

12:1 50 32 27–39 40 €17,000 (US$23,288)

4:1 81 27 24–32 33 US$33,400


6:1 117 29 24–34 39 US$30,450 Per year

12:1 149 29 26–34 26 US$40,500

4:1 106 29 25–34 29 US$26,536 Per year

123:1 31 31 24–40 39 R105,000 (US$14,894)

12:1 178 29 26–34 36 US$42,000




to places students



Comparative data, part-time programmes Key data Admission requirements

School Programme Average number Average Number of of months’ work GMAT months’ work experience score experience required

American (Kogod) Part-time MBA 60 550 2

Arizona (Eller) Evening MBA 54 604 3

Ashridge Part-time Executive MBA 168 570 5

Aston Part-time MBA 108 620 4

Boston Part-time MBA 66 590 2

Bradford Executive Part-time MBA 96 – 3

British Columbia (Sauder) 28-Month Part-time MBA 72 615 0

California at Berkeley (Haas) Evening & Weekend MBA 96 697 0

California at Davis Professional MBA 96 611 1

Cape Town Modular MBA 84 545 3

Carnegie Mellon (Tepper) FlexTime MBA 60 629 0

Case Western (Weatherhead) Part-time MBA 70 548 0

Chicago Evening MBA 62 – 0

Chicago Weekend MBA 77 – 0

China Europe Int Business School MBA for Executives 168 – 8

Chinese University of Hong Kong Part-time MBA 96 570 3

Cranfield Executive MBA 132 660 –

Curtin Part-time MBA 144 – 3

EADA Part-time MBA 66 620 3

Edinburgh Part-time MBA 132 – 3

EGADE Part-time MBA 72 593 3

Emory (Goizueta) Evening MBA 72 640 2

Florida (Hough) Professional MBA 56 599 2

Georgia (Terry) Evening MBA 70 560 2

Georgetown (McDonough) Evening MBA 60 665 3

Glasgow Part-time MBA 120 – 3

Grenoble Part-time MBA 168 – 3

HEC Paris Part-time MBA 72 – 0

Hong Kong SB Part-time MBA 118 579 3

Hong Kong UST Part-time MBA 84 – 3

Iowa (Tippie) PM MBA 96 579 2

Macquarie Part-time MBA 144 – 5

Maryland (Smith) Part-time MBA 60 608 0

Melbourne Part-time MBA 108 – 2

Michigan (Ross) Evening MBA 78 660 0

Minnesota (Carlson) Part-time MBA 72 616 0

Monash Part-time MBA 156 – 4

Nanyang Part-time MBA 84 647 2

New York (Stern) Langone Program for Working Professionals 66 676 0

Newcastle Executive MBA 168 – 5

Northwestern (Kellogg) Part-time MBA 84 695 0

Nottingham Part-time MBA 72 – 3




Minimum Ratio of Student Average Age Percentage Programme fees CommentsGMAT score applicants intake age range of women

required to places students

520 5:1 25 29 24–35 52 US$1,079 Per credit

– 2:1 52 29 24–35 40 US$38,500

– 3:1 29 35 29–43 24 £28,850 (US$57,700)

– 3:1 65 32 26–46 34 £14,550 (US$29,100)

– 2:1 222 28 22–47 38 US$1,412 Per credit

– 2:1 42 34 29–46 29 £14,950 (US$29,900)

– 2:1 51 32 27–37 44 C$38,967 (US$36,418)

– 4:1 240 32 24–53 21 US$28,686 Per year

– 2:1 143 31 26–39 31 US$2,550 Per course

550 201:1 79 33 30–35 22 R92,700 (US$13,149)

– 2:1 71 29 24–35 31 US$25,104

– 1:1 74 29 24–37 46 US$1,434 Per credit hour

– – 426 29 25–34 24 US$4,655 Per course

– – 102 30 26–36 16 US$4,655 Per course

– 3:1 710 38 33–43 20 Rmb338,000 (US$44,474) Total programme

– 3:1 108 30 26–34 47 HK$230,400 (US$29,538)

600 2:1 68 34 28–43 24 £28,000 (US$56,000)

– 2:1 164 34 26–45 39 A$29,100 (US$24,250) Total programme

600 2:1 26 29 23–36 31 €22,000 (US$30,137)

– 2:1 30 35 30–44 23 £16,450 (US$32,900) Total programme

– 2:1 269 29 22-55 28 US$32,056-US$38,468 Total programme

– 2:1 116 30 – 24 US$7,500 Per semester

– 1:1 255 28 25–31 30 –

– 2:1 99 31 26–39 30 US$650 Per credit

– 3:1 105 26 23-27 30 US$23,612

– 2:1 11 33 25–39 33 £6,500 (US$13,000) Per year

– 3:1 143 33 28–51 35 €23,000 (US$31,507) €25,000 (US$34,274) if company-sponsored

– – 5 29 23–38 – €45,000 (US$61,644)

– 3:1 76 35 24–46 42 US$30,510 Total programme


– 1:1 258 31 22–54 32 US$510 Per credit hour

– 1:1 823 35 28–44 41 A$3,000 (US$2,500) Per unit

– 2:1 351 29 25–34 30 US$803 Per credit

– 3:1 87 32 26–39 36 A$50,000 (US$41,667)

– – 193 31 25–37 19 US$15,500

– – 308 29 – 38 US$945 Per unit

– 2:1 115 35 28–43 34 A$43,840 (US$36,533) Total programme

600 3:1 67 32 27–39 30 S$33,000 (US$21,854) Total programme

– – 455 28 – 0 US$1,440 Per credit


– – 355 29 – 28 US$4,679 Per credit

– 3:1 16 32 31–39 18 £17,500 (US$35,000) Total programme; £18,500 (US$37,000)



Ohio (Fisher) MBA for Working Professionals 92 614 0

Pittsburgh (Katz) Part-time MBA 58 566 0

Queensland Part-time MBA 84 – 3

Rice (Jones) Professional MBA 72 609 0

Rochester (Simon) Part-time MBA 80 580 1

Singapore Part-time MBA 84 610 2

Solvay Part-time MBA 108 580 3

South Carolina (Moore) Professional MBA 74 606 2

Southampton Part-time MBA 153 n/a 36

Southern California (Marshall) Part-time MBA 72 624 2

Southern Methodist (Cox) Professional MBA 72 599 0

TiasNimbas Part-time MBA (Tilburg, Utrecht or Bonn) 96 590 3

UCLA (Anderson) Fully-employed MBA 72 677 0

Washington BS Evening MBA 79 663 0

Washington St Louis (Olin) Professional MBA 57 603 0

Wisconsin-Madison Evening MBA 60 595 2

Wits Part-time MBA 108 580 4

Comparative data, part-time programmes continued Key data Admission requirements


Comparative data, distance-learning programmes Key data Admission requirements


Aston MBA (Distance Learning) 84 620 4

Audencia (Nantes) Euro*MBA 120 – 5

Bradford Distance-learning MBA 96 – 3

Cornell (Johnson) Cornell–Queen MBA 144 625 7

Florida (Hough) Internet MBA 67 596 2

Henley Global Distance Learning MBA 156 – 3

IE International Executive MBA/Global MBA 138 685 3

Manchester Worldwide MBA 120 – 3

Open University Distance-learning MBA 180 – 3

Royal Holloway MBA in International Management – n/a 36

Thunderbird Global MBA (On Demand and 84 – 3 Latin American Managers)

Warwick MBA by distance learning 120 – 4



for overseas students

– 2:1 145 30 25–37 28 US$22,353 Per year

– 2:1 155 29 24–39 39 US$853 Per credit

550 4:1 33 32 26–42 30 A$36,000 (US$30,000) Per year for domestic students


– – 66 29 – 23 US$1,301 Per credit

– 14:1 84 31 28–36 15 S$34,000 (US$22,517)

– 1:1 36 34 28–45 26 €20,000 (US$27,397)

– 2:1 158 30 25–40 28 US$10,500 For 21 hours

– 1:1 27 37 27-52 29 £17,330 (US$34,660)

– 2:1 293 28 25–34 29 US$1,217 Per unit

– 2:1 123 29 25–33 27 US$78,860

550 – 61 33 26–44 16 €35,600 (US$48,767) Total programme

– – 253 30 24–44 31 US$30,000 Per year

– 2:1 105 30 26–36 30 US$16,536 Per year

– 2:1 141 29 25–37 28 US$1,220 Per credit

– 1:1 58 29 24–38 25 US$15,906 Per year

550 299:1 113 32 26–40 27 R105,000 (US$14,894)







– 3:1 20 31 25–49 42 £14,550 (US$29,100)

– – 10 36 30–40 26 €25,500 (US$34,932)

– 2:1 45 34 28–43 21 £10,450 (US$20,900)

– 2:1 95 36 28–50 19 US$98,000

– 2:1 58 28 25–31 30 –


640 3:1 50 35 28–40 30 €52,100 (US$71,370) €36,100 (US$49,452) Global MBA

– – 364 33 28–41 33 £16,400 (US$32,800) Total programme

– 1:1 – 38 25–52 39 £13,960 (US$27,920) Total programme

– – – 33 26-43 46 £10,150 (US$20,300) Total programme

– 2:1 119 30 25–47 24 US$61,650US$41,000 On-Demand Latin American Managers

– 2:1 150 36 31–45 24 £4,800 (US$9,600) Per year



Comparative data, executive MBA programmes Key data Admission requirements


Arizona (Eller) Executive MBA 156 – 7

Audencia (Nantes) Executive MBA 180 – 7

Bath Executive MBA 120 – 3

Birmingham Executive MBA 180 – 5

Boston Executive MBA 168 – 10

British Columbia (Sauder) Executive MBA in Healthcare 144 – 8

California at Berkeley (Haas) Berkeley–Columbia Executive MBA 144 – 0

Case Western (Weatherhead) Executive MBA 180 – 10

Chicago Executive MBA – North America 168 – 0

Chicago Executive MBA – Europe 144 – 0

Chicago Executive MBA – Asia 168 – 10

Chinese University of Hong Kong Executive MBA 168 – 7

City (Cass) Executive MBA 120 – 3

Columbia New York Executive MBA 108 – 5

Columbia EMBA–Global 120 – 5

Cornell (Johnson) Executive MBA 144 – 0

Duke (Fuqua) MBA – Global Executive 180 – 10

Duke (Fuqua) MBA – Cross Continent 77 652 3

Duke (Fuqua) MBA – Weekend Executive 120 648 5

Durham Executive MBA 180 – 3

EGADE OneMBA 156 589 7

EADA Executive MBA 120 – 5

Florida (Hough) Executive MBA 144 603 2

Georgetown (McDonough) International Executive MBA 164 620 7

Georgia (Terry) Executive MBA 180 590 5

Henley Executive MBA 168 – 5

IE Executive MBA 96 685 6

IESE Global Executive MBA 144 – 7

Illinois Executive MBA 164 – 7

Imperial (Tanaka) Executive MBA 96 – 3

Indian Institute (Ahmedabad) One Year Post Graduate Programme for Executives 112 731 0

Iowa (Tippie) Executive MBA 192 554 10

Iowa (Tippie) International Executive MBA 96 – 3

Lancaster Executive MBA 132 – 5

Leeds MBA (Executive) 144 – 0

London Executive MBA 120 650 5

London Dubai–London Executive MBA 120 – 5

E.M. Lyon Executive MBA 132 585 5

Mannheim ESSEC & Mannheim Executive MBA 132 – 5

Maryland (Smith) Executive MBA 192 – 8

Michigan (Ross) Executive MBA 173 – 10






– 1:1 76 36 28–46 41 US$50,000

– 3:1 21 38 31–48 33 €19,000 (US$26,027)

600 2:1 36 34 28–40 33 £19,500 (US$39,000)

– 3:1 41 35 26–51 18 £16,600 (US$33,200)


– 1:1 23 38 32–54 76 C$50,000 (US$46,729)

– – 66 37 29–55 26 US$140,000 Total programme





– – 50 38 34–47 20 HK$308,000 (US$39,487) Total programme

– 3:1 71 32 28–39 20 £37,000 (US$74,000)



– 2:1 65 34 26–62 32 US$127,800




– 2:1 20 36 29–46 20 £16,500 (US$33,000)

– 1:1 10 35 26-48 – US$45,000 Total programme

– 2:1 84 35 31–40 15 €29,750 (US$40,753)


– 2:1 51 37 30-47 19 US$93,935


– 2:1 32 37 28–50 29 £39,950 (US$79,900) Total programme; additional £800 (US$1,600) for study trips

640 3:1 343 35 33–39 32 €40,100 (US$54,932)

– – 42 37 31–48 7 €89,500 (US$122,603)


– 2:1 93 32 24–45 31 £34,250 (US$68,500) £34,500 (US$69,000) for weekend track

– 17:1 78 33 29–38 11 R1.5m (US$36,276)



– 2:1 28 34 28–43 32 £17,500 (US$35,000)

– 1:1 18 38 33–43 36 £17,000 (US$34,000) £19,000 (US$38,000) for overseas applicants

600 3:1 76 33 28–38 21 £45,900 (US$91,800) Total programme


– 2:1 40 36 30–42 10 €30,000 (US$41,096) Per year

– 4:1 41 36 31–44 37 €44,000 (US$60,274)


– – 103 39 31–50 16 US$125,000 Total programme. US$120,000 for in-state applicants



Minnesota (Carlson) Executive MBA 180 – 0

Northwestern (Kellogg) Executive MBA 168 – 0

Norwegian BI Executive MBA 168 – 5

Nottingham Executive MBA 60 – 5

Nyenrode Part-time MBA 96 603 4

Ohio (Fisher) Executive MBA 168 – 7

Oxford (Saïd) Executive MBA 144 630 5

Penn State (Smeal) Executive MBA 204 – 8

Pittsburgh (Katz) MBA Worldwide 144 564 10

Rice (Jones) Executive MBA 168 – 0

Rochester (Simon) Executive MBA 144 – 3

Singapore Asia Pacific Executive MBA 192 – 8

Singapore Executive MBA 156 – 10

Southern California (Marshall) Executive MBA 168 – 8

Southern Methodist (Cox) Executive MBA 168 – 8

Thunderbird Executive MBA – Arizona 144 – 8

TiasNimbas International Executive MBA 120 600 5

UCLA (Anderson) Executive MBA 156 655 0

Vanderbilt (Owen) Executive MBA 144 603 5

Warwick Executive MBA 132 – 4

Washington BS Executive MBA 168 560 0

Washington St Louis (Olin) EMBA Program – St. Louis 180 – 0

Wisconsin-Madison Executive MBA 192 – 8

Comparative data, executive MBA programmes continued Key data Admission requirements





– – 219 38 31–45 20 US$71,000 Per year, North American and Miami programmes Regional programme: US$67,500 per year

– 3:1 27 39 32–48 19 NKr285,000 (US$48,635)

– 5:1 30 35 31–43 19 £17,500 (US$35,000) Total programme; £18,500 (US$37,000) for overseas students

– 1:1 28 32 29–36 29 €48,300 (US$66,164) Total programme


– – 49 35 30–46 – £46,000 (US$92,000) Total programme


– 1:1 90 37 30–44 16 US$60,500 €35,000 in Europe; US$65,000 in US; US$48,000 in Brazil



– 2:1 87 39 32–49 18 S$80,000 (US$52,980) S$70,000 (US$46,358) for programme in Chinese

– 2:1 45 37 32–46 16 S$74,800 (US$49,536)

– 2:1 124 38 31–45 18 US$1,217 Per unit

– 3:1 93 36 31–42 22 US$84,135


550 – 43 36 26–50 19 €52,500 (US$71,918) Total programme

– – 72 37 29–53 20 US$50,000 Per year

– 2:1 52 37 29–44 10 US$22,850 Per term

– 2:1 97 36 30–45 25 £7,600 (US$15,200) Per year

– 1:1 89 39 31–48 20 US$71,500

– – 97 40 27–50 21 US$89,600

– 1:1 47 40 33–50 23 US$34,500 Per year






Country Currency Exchange Rate (US$)

Australia A$ 1.20

Canada C$ 1.07

China Rmb 7.60

Euro zone € 0.73

Hong Kong HK$ 7.80

India Rs 41.35

Japan ¥ 117.76

New Zealand NZ$ 1.36

Norway NKr 5.86

Singapore S$ 1.51

South Africa R 7.05

Switzerland SwFr 1.20

UK £ 0.50

a Average 2007.

Exchange ratesa


Ashridge ix

Audencia School of Management Nantes xiv

University of Bath School of Management x

Brandeis International Business School x

City University—Cass Business School xii

University of Edinburgh Management School Insert

EGADE ix

IE—Instituto de Empresa 56

IMD—International Institute for Management Development Inside front cover

International University of Japan 2

E.M. Lyon iii

Maastricht School of Management 2

Mannheim Business School 12

Temple University—Fox School of Business xiv

Warwick Business School iv

List of advertisers


Notes

economist mba

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