Oct 25, 2009

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100 Most Popular Business Schools 2009

100 Most Popular Business Schools 2009

Rank University Views
1. Boston University (BU)
2. University of Southern California (USC) - Marshall School of Business
3. NYU Stern School of Business, New York University
4. Columbia Business School (CBS), Columbia University
5. City University of New York (CUNY) - Baruch College - Zicklin School of Business
6. Thunderbird School of Global Management
7. UCLA University of California, Los Angeles - Anderson School of Management
8. University of San Diego (USD) School of Business Administration
9. Fordham University
10. Kelley School of Business, Indiana University Bloomington
11. Mount St. Mary’s College
12. University of Florida - Warrington College of Business Administration - Hough Graduate School of Business
13. University of California, Berkeley - Haas School of Business
14. Kellogg School of Management, Northwestern University
15. The University of Texas at Dallas
16. The Wharton School of the University of Pennsylvania
17. San Diego State University (SDSU)
18. University of San Francisco - Masagung Graduate School of Management
19. Stanford Graduate School of Business (Stanford GSB)
20. Harvard Business School (HBS)
21. Pace University - Lubin School of Business
22. The University of North Carolina at Greensboro - The Bryan School of Business and Economics
23. University of Texas at Austin - McCombs School of Business
24. Cornell University - Johnson Graduate School of Management
25. Manhattan Institute of Management (MIM)
26. Rutgers Business School - Newark and New Brunswick
27. University of Illinois at Urbana-Champaign (UIUC) College of Business
28. University of Michigan - Ross School of Business
29. Pepperdine University - Graziadio School of Business and Management
30. University of Miami School of Business
31. University of Colorado Denver
32. The University of Chicago Booth School of Business
33. Metropolitan College of New York (MCNY)
34. Loyola Marymount University
35. DePaul University
36. Temple University - Fox School of Business and Management
37. St. John's University - Peter J. Tobin College of Business
38. Florida State University
39. Northeastern University
40. Suffolk University - Sawyer Business School
41. Plymouth State University
42. Hofstra University - Frank G. Zarb School of Business
43. University of Houston - C. T. Bauer College of Business
44. George Mason University School of Management
45. Hult International Business School
46. Georgia State University - J. Mack Robinson College of Business
47. University of Maryland - Robert H. Smith School of Business
48. Duke University Fuqua School of Business
49. University of Dallas
50. Stony Brook University (SUNY)
51. Drexel University - LeBow College of Business
52. George Washington University - GW School of Business
53. Florida International University
54. University of California, San Diego (UCSD) - The Rady School of Management
55. Johns Hopkins University - Carey Business School
56. University of Colorado at Boulder - Leeds School of Business
57. Darden Graduate School of Business Administration, University of Virginia (UVA)
58. MIT Sloan School of Management, Massachusetts Institute of Technology
59. University of Washington (Seattle) - Foster School of Business
60. Halifax University
61. Tepper School of Business, Carnegie Mellon University (CMU)
62. UNC Charlotte - Belk College of Business
63. University of California, Irvine - Paul Merage School of Business
64. University of Illinois at Chicago - Liautaud Graduate School of Business
65. Yale School of Management (Yale SOM)
66. Nova Southeastern University (NSU) - H. Wayne Huizenga
67. University of Central Florida
68. F.W. Olin Graduate School of Business at Babson College
69. Texas A&M University - Mays Business School
70. San Francisco State University
71. Ohio State University - Fisher College of Business
72. Virginia Tech - Pamplin College of Business
73. University of Texas at San Antonio
74. Arizona State University (ASU) - W. P. Carey School of Business
75. University of Denver - Daniels College of Business
76. Loyola University Chicago
77. Florida Atlantic University
78. University of Georgia - Terry College of Business
79. Fairleigh Dickinson University - Metropolitan Campus
80. Virginia Commonwealth University
81. The University of North Carolina at Chapel Hill - UNC Kenan-Flagler Business School
82. University of St. Thomas
83. Cleveland State University
84. University of Minnesota - Carlson School of Management
85. Philadelphia University
86. University of Pittsburgh - Joseph M. Katz Graduate School of Business
87. New Jersey Institute of Technology
88. San Jose State University
89. Illinois Institute of Technology - Stuart Graduate School of Business
90. University of South Carolina - Moore School of Business
91. University of Colorado at Colorado Springs (UCCS)
92. University of Massachusetts Boston (UMass Boston)
93. Boston College - Carroll School of Management
94. Rice University - Jesse H. Jones Graduate School of Management
95. Emory University - Goizueta Business School
96. The University of Tampa - John H. Sykes College of Business
97. University of Baltimore / Towson University
98. University of Massachusetts Amherst - Isenberg School of Management
99. Georgetown University - McDonough School of Business
100. Schiller International University - Florida

Oct 13, 2009

The MBA and the recession - FAQs

Is there more MBA interest and applications during periods of economic crisis?
MBA education is counter-cyclical, meaning that during an economic downturn such as we're facing today, there are several ambitious professionals considering their positions and how best to progress their careers for when the inevitable upswing occurs. QS, as the world's leading experts in theMBA and career space, as well as most of the schools attending the QS World MBA Tour, have reported a significant spike in interest in and applications for MBA programs. This shows us that the MBA is just as relevant now as ever before.

Why would one do an MBA during a period of economic crisis?
As people leave jobs, particularly in finance but also in other industries, as a result of the economic crisis, anMBA is a fantastic option to put ambitious leaders in a stronger position to secure a better management position in a year or two. Some see this as "riding out the storm" in business school, but for most people it's a lot more strategic than that. If you have lost your job as a result of the downturn, or perhaps simply see that in a year or two the economy is going to need more business leaders than ever before, which is probable, getting into business school is more than a viable option. The QS World MBA Tour is the place to start your search.

Where do applicants come from?
MBAs come from all walks of life and for all sorts of reasons. Naturally there is a high proportion of people from within finance and consulting and other fields in business. At the same timeMBAs come from medical, legal, media and broadcasting, self-employed, insurance, and all sorts of fields. Doctors want to learn how to run their surgeries more efficiently, lawyers their chambers. TV production managers want to run TV studios. Entrepreneurs want to improve several aspects of their businesses. There are people who want to continue in their professions at a higher level, those who want to learn about business practices within their industry and those who want a complete career change.

Do the contents of an MBA adapt to the economic crisis context?
It is clear that during a recession, the content of courses is bound to change. This is partly due to the fact that professors involved inMBA courses will create case studies or discussions on real-life situations that failed, such as Enron or the sub-prime lending in the US. Also, MBA programs are centred around the students attending the courses as peer-to-peer teaching is valued highly at business school. As most students on this year's programs will have experienced the downturn to a greater or lesser extent, this is going to rapidly alter the tone and content of the debates that form such a large part of the MBA experience.

Regarding financing an MBA, what is the context today? Anything new?
How to finance an MBA is the question QS experts are asked most often. Our research suggests that schools are, generally, cutting down the amount of money they are providing in scholarships this year, and perhaps into 2010. This makes business sense of course, and is undoubtedly a short term situation. However scholarships do still exist. The QS World MBA and World Grad School Tour is offering US$1.6million to attendees at our events, to some of the best schools in the world, including Wharton, Chicago, Cass and IE. As for banking loans, the indication is that, while it is harder to secure loans in some places, MBA graduates are largely considered safe bets so banks are not seeing them as a risk and loans should still be possible to find.

Which are the most prestigious MBAs and for what reason?
QS conducts an annual survey of MBA employers around the world - QS Global 200 Business Schools 2009: The Employers' Choice - to ask them to identify the schools from they target to recruit the best MBAs. The results demonstrate that MBA employers around the world are increasingly targeting a broader selection of regionally strong business schools from which to hireMBA graduates. This trend may be accelerated by the recessionary environment, even as overall MBA hiring numbers fall.
The schools securing the most employer votes by region are: Harvard, Wharton and Columbia in North America; INSEAD, London Business School and IESE in Europe; INSEAD Singapore, Melbourne Business School and National University of Singapore in the Asia-Pacific region; EGADE in Latin America.

How are MBA rankings usually created? What are the criteria that you or other publishers consider when working on them?
All rankings use different sets of criteria, a methodology that the ranking's creators will spend a lot of time thinking about beforehand. One publisher may think that the quality of academic staff is the most important, and so will bias the rankings accordingly. Another may suggest that the post-MBA salary or success rate for career placement is the most important. The Aspen Institute's Beyond Grey Pinstripes website ranks MBA programs according to the amount of time and effort put on teaching sustainability issues on the course, for example.
Although you often see the same schools appear time and again, the methodology of each ranking is important and candidates must look closely at them and bear that in mind. Increasingly, QS research such as the TopMBA Applicant Survey shows that rankings are decreasing in importance year on year. Instead, MBA aspirants are keen on focusing on personalizing their MBA searches. QS has therefore created an innovative web search tool called Scorecard which allows candidates to rank business schools according to their own criteria and what suits them. How can Wharton or MIT or Harvard be the best schools for you if you don't want to study in the US.
This is a good question and is not one that can be answered scientifically with an exact figure. The simple fact is that in virtually 100 per cent of cases where an MBA wants to increase their salary (and the QS Applicant Survey shows that "increasing salary" is only fifth out of seven most important reasons for doing an MBA) then that increase will happen. In some cases it will double or treble, especially for those who have moved from a relatively low-paid position into a consultancy or investment banking position, but in most cases the increase will be more moderate.


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