NEW YORK--(BUSINESS WIRE)--
Bloomberg Businessweek today released its 14th
biennial ranking
of 112 full-time MBA programs globally to determine which business
schools offer the strongest education and best prepare MBAs for their
careers. Duke University’s Fuqua
School of Business claims the number one spot among U.S. programs.
The University of Chicago's Booth School of Business—which had been
number one on the past four rankings—fell to number three. The
University of Pennsylvania is number two, Stanford University is number
four, and Columbia University is number five. Harvard Business School is out
of the top five for the first time since the Businessweek
ranking began in 1988.
Internationally, Western University’s Ivey Business School in Ontario,
Canada is number one, IE Business School in Madrid, Spain is number two,
and ESMT in Berlin, Germany is number three. London Business School, Bloomberg
Businessweek’s 2012 international winner, falls to number four.
Below are Bloomberg Businessweek’s 2014 Top 20 U.S. Full-Time MBA
Programs:
Below are Bloomberg Businessweek’s 2014 Top 10 International
Full-Time MBA Programs:
The top 30 U.S. schools and top 10 international programs are
highlighted in the November 17-23, 2014 print issue of Bloomberg
Businessweek, and the complete ranking of full-time MBA programs is
featured on Businessweek.com at http://buswk.co/MBArankings2014.
An article about shifts among this year’s schools is at http://buswk.co/bestbschools2014.
To join the conversation on Twitter use #bestbschools.
“Bloomberg Businessweek’s 2014 B-schools ranking encompasses the
largest group of schools in our history, and is based partly on surveys
of the largest-ever pool of employers who hire MBA graduates ” said Josh
Tyrangiel, editor, Bloomberg Businessweek. “Along with
recent improvements to reflect current best practices in research, and
our decision to make our full-time MBA programs ranking annual, we are
delivering on our promise to improve the depth and accuracy of Bloomberg
Businessweek’s business education coverage.”
Eighty-five U.S. and 27 international MBA programs were ranked on three
measures: 1. Employer Assessment (45 percent): how
recruiters at companies that hire MBAs judge each school's graduates,
measured by a survey administered by Bloomberg Businessweek.
2. Student Experience (45 percent of the ranking): how graduating MBA
students rated their education, measured by a second survey. 3.
Intellectual Capital (10 percent): the expertise of its faculty,
determined by a tally of faculty research in esteemed journals. The
full methodology can be found at http://buswk.co/2014MBAMethodology.
Despite the equal weighting of the employer score and the student score
in Bloomberg Businessweek’s model, readers may note that many top
schools’ overall ranks are more closely correlated with their employer
ranks than their student ranks. This is because most top schools in the
employer survey bested their competitors by a larger margin than the top
schools beat the competition in the student survey.
The closest Fuqua has come to the top spot on Bloomberg Businessweek’s
ranking of MBA programs was its fifth place finish in 2000—it ranked
sixth in 2012. “Fuqua’s number one ranking this year is thanks in large
part to employers’ esteem for its graduates,” said Jonathan Rodkin,
research and rankings coordinator, Bloomberg Businessweek. “Fuqua
ranked second overall among employers, rising from number seven in 2012,
with recruiters noting that its students are exceptionally good at
working collaboratively.”
Duke also excelled in the employer survey because it was given good
grades by a large number of employers and by an outsize number of
recruiters from companies that hire a significant number of MBAs.
According to the data gathered by Bloomberg Businessweek, going
to Fuqua gives students access to big, MBA-friendly companies that view
Duke's graduates positively. The Duke program also ranked second in
intellectual capital. Its students’ opinions were unchanged from 2012
with Duke once again ranking 22 in the student survey.
Unlike Fuqua, which rose on employer opinion, and whose student survey
rank remained the same as in 2012, Harvard Business School fell six
places from number two to number eight this year based on slipping four
places in the employer survey (from number three in 2012 to number seven
in 2014) and 13 places in the student survey (from number 12 in 2012 to
number 25 in 2014). On Bloomberg Businessweek's 2014 student
survey, Harvard scored the lowest among the top 10 business schools on
its atmosphere for women and racial and religious minorities. On a
measurement of its climate for students of all income levels, Harvard
ranked 111 out of 112 schools on the list, ahead of only
last-place-holder University of Denver’s Daniels College of Business.
“Don’t let rankings alone make your school decision for you,” said
Francesca Levy, business education editor, Bloomberg Businessweek.
“Our rankings, school profiles and editorial analyses offer a thorough
picture of the current landscape of full-time MBA programs, but deciding
where to go to school is a personal decision. A school that is right for
one student may be wrong for another.”
About Bloomberg Businessweek
Recipient of the 2012 National Magazine Award for General Excellence, Bloomberg
Businessweek offers a global perspective, timely insights, and
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