The Economist has come out with its eighth annual ranking of the world's business schools. Check the full school profiles on the Economist website.
Here are a few which may be of interest in Singapore. The profiles include important details such as programme fees, financial aid, the average GMAT score, the average number of years of work experience, the percentage of students in jobs three months after graduation, the percentage of students finding jobs through career services and the post-MBA salary.
INSEAD, Paris, Singapore
Economist ranking: 23rd
Strengths: Leadership, global strategy, entrepreneurship
Weakness: Can be too fast-paced
Annual intake: 937
Percentage of women students: 29 (73)
International diversity score: 62 (16)
Average GMAT score: 704 (16)
Average number of years' work experience: 6 (43)
Age range of students: 26 – 32
Average age of students: 29
Number of industry sectors that recruited graduates: 11 (1)
Percentage of graduates in jobs 3 months after graduation: 81 (87)
Percentage of graduates finding jobs through careers services: 51 (75)
Post MBA salary: 113,925 (20)
Percentage increase in salary: 28 (104)
Principal recruiters of graduates: McKinsey & Co, Boston Consulting Group, Booz Allen Hamilton
Programme fees: €51,000 ($74,970)
Accommodation costs (off campus, per year): €10,000 ($14,705)
Financial aid available: €2.4m ($3.5m)
Type of aid available: Scholarships
Criteria on which aid is granted: Merit, need
Programme dates: September start, 10 months
Admission requirements: First degree; 2 years’ work experience; GMAT;
TOEFL, IELTS, TOEIC, CPE or PTE; references; 5 essays
Nanyang Business School, Nanyang Technological University, Singapore
Economist ranking: 71st
Strengths: Accounting and finance, strategy and
organisational behaviour, technology management
Weakness: Marketing
Annual intake: 78
Applicants: places: 10:1
Percentage of women students: 44 (6)
International diversity score: 22 (97)
Average GMAT score: 663 (49)
Average number of years' work experience: 4 (89)
Age range of students: 24 – 33
Average age of students: 27
Number of industry sectors that recruited graduates: 11 (1)
Percentage of graduates in jobs 3 months after graduation: 91 (59)
Percentage of graduates finding jobs through careers services: 87 (8)
Post MBA salary: 60,506 (>100)
Percentage increase in salary: 92 (21)
Principal recruiters of graduates: Johnson & Johnson, ICICI Bank, Chevron
Programme fees: S$40,000 ($28,368)
Accommodation costs (on campus, per year): S$4,800 ($3,404)
Accommodation costs (off campus, per year): S$8,400 ($5,957)
Financial aid available: S$466,000 ($330,496)
Type of aid available: Scholarships
Criteria on which aid is granted: Merit, GMAT, interview
Programme dates: July start, 16 months
Admission requirements: First degree; 2 years’ work experience; GMAT (600); TOEFL or IELTS; references; 4 essays
The NUS Business School, National University of Singapore, NUS, Singapore
Economist ranking: 89th
Strengths: Business in Asia, finance and banking, marketing
Weakness: Range of electives
Annual intake: 122
Applicants: places: 36:1
Percentage of women students: 39 (19)
International diversity score: 12 (>100)
Average GMAT score: 664 (46)
Average number of years' work experience: 5 (52)
Age range of students: 25 – 36
Average age of students: 29
Number of industry sectors that recruited graduates: 9 (60)
Percentage of graduates in jobs 3 months after graduation: 93 (42)
Percentage of graduates finding jobs through careers services: 55(70)
Post MBA salary: 55,558 (>100)
Percentage increase in salary: 55,558
Principal recruiters of graduates: Merrill Lynch, IBM, OCBC
Programme fees: S$50,000 ($35,460)
Accommodation costs (on campus, per year): S$5,200 ($3,688)
Accommodation costs (off campus, per year): S$8,400 ($5,957)
Financial aid available: S$1.1m ($780,141)
Type of aid available: Study awards, merit awards
Criteria on which aid is granted: Merit, need
Programme dates: August start, 12 – 17 months
Admission requirements: First degree; 2 years’ work experience; GMAT; TOEFL; 3 essays; laptop; résumé; degree scroll; company sponsorship letter
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