World’s top 100 business schools: The Economist

Singapore has three of the world's top 100 business schools and so does Hong Kong, according to The Economist.

INSEAD, which has campuses in both France and Singapore, is ranked 23rd. Singapore's Nanyang Technological University's Nanyang Business School is 71st and National University of Singapore's NUS Business School is 89th.

Hong Kong University of Science and Technology's School of Business and Management is ranked 30th, University of Hong Kong's Faculty of Business and Economics is 38th and Chinese University of Hong Kong is 78th.

Australia has four business schools in the top 100: University of Melbourne's Melbourne Business School (17th), Macquarie Graduate School of Management (55th) Monash University (59th) and Curtin University Graduate School of Business (93rd).

The Indian Institute of Management (Ahmedabad) is ranked 99th.

The Economist rankings are possibly more useful than the Times Higher Education-QS university rankings for two reasons:

  • The THE-QS university rankings boost the rankings of some universities such as the National University of Singapore and Nanyang Technological University by including  categories like "international student score" and "international faculty score" in which they get 100 out of 100 and which have nothing to do with academics. In fact, they do worse than lower ranked universities in their "citations score" for quality of research, as I mentioned in an earlier post.
  • The Economist rankings, on the other hand, are based on criteria directly related to education and job prospects. The business schools are evaluated on four counts:
  1. Open new career opportunities
  2. Personal development and work experience
  3. Increase salary
  4. Potential to network

The Indian Institute of Management (Ahmedabad), for example, is ranked fourth in opening new career opportunities. Monash University is ranked first in personal development and work experience. Two Hong Kong business schools are also ranked in the top 10 in that category: Hong Kong University of Science and Technology's School of Business and Management is third and University of Hong Kong's Faculty of Business and Economics eighth.

Here are the top 100 business schools as ranked by The Economist:

1 IESE Business School – University of Navarra Spain

2 IMD – International Institute for Management Development Switzerland

3 California at Berkeley, University of – Haas School of Business United States

4 Chicago, University of – Booth School of Business United States

5 Harvard Business School United States

6 Dartmouth College – Tuck School of Business United States

7 Stanford Graduate School of Business United States

8 London Business School Britain

9 Pennsylvania, University of – Wharton School United States

10 Vlerick Leuven Gent Management School Belgium

11 Cambridge, University of – Judge Business School Britain

12 York University – Schulich School of Business Canada

13 New York University – Leonard N Stern School of Business United States

14 HEC School of Management, Paris France

15 Northwestern University – Kellogg School of Management United States

16 IE Business School Spain

17 Melbourne Business School – University of Melbourne Australia

18 Cranfield School of Management Britain

19 Massachusetts Institute of Technology – MIT Sloan School of Management United States

20 Columbia Business School United States

21 Henley Business School Britain

22 Warwick Business School Britain

23 INSEAD France / Singapore

24 Virginia, University of – Darden Graduate School of Business Administration United States

25 Michigan, University of – Stephen M. Ross School of Business United States

26 Mannheim Business School Germany

27 Yale School of Management United States

28 Duke University – Fuqua School of Business United States

29 ESADE Business School Spain

30 Hong Kong University of Science and Technology – School of Business and Management Hong Kong

31 Washington, University of–Foster School of Business United States

32 Cornell University – Johnson Graduate School of Management United States

33 Carnegie Mellon University – The Tepper School of Business United States

34 Notre Dame, University of – Mendoza College of Business United States

35 Ashridge Britain

36 Southern California, University of – Marshall School of Business United States

37 University College Dublin – Michael Smurfit Graduate School of Business Ireland

38 Hong Kong, University of – Faculty of Business and Economics Hong Kong

39 North Carolina at Chapel Hill, University of – Kenan-Flagler Business School United States

40 Boston University United States

41 Rotterdam School of Management, Erasmus University Netherlands

42 International University of Monaco Monaco

43 Rice University – Jesse H Jones Graduate School of Management United States

44 Hult International Business School United States

45 Ohio State University – Fisher College of Business United States

46 Indiana University – Kelley School of Business United States

47 Oxford, University of – Saïd Business School Britain

48 Georgetown University – Robert Emmet McDonough School of Business United States

49 Texas at Austin, University of – McCombs School of Business United States

50 UCLA Anderson School of Management United States

51 Maryland, University of – Robert H Smith School of Business United States

52 Emory University – Goizueta Business School United States

53 Durham Business School Britain

54 Wisconsin School of Business United States

55 Macquarie Graduate School of Management Australia

56 California at Davis, University of United States

57 Manchester Business School Britain

58 Pennsylvania State University – Smeal College of Business United States

59 Monash University Australia

60 EMLYON France

61 Iowa, University of – Henry B Tippie School of Management United States

62 Minnesota, University of – Carlson School of Management United States

63 University of Edinburgh Business School Britain

64 Vanderbilt University – Owen Graduate School of Management United States

65 Washington University in St Louis – Olin Business School United States

66 Bath, University of – School of Management Britain

67 Aston Business School Britain

68 Imperial College Business School Britain

69 Audencia Nantes School of Management France

70 Pittsburgh, University of – Joseph M Katz Graduate School of Business United States

71 Nanyang Business School – Nanyang Technological University Singapore

72 Bocconi University – SDA Bocconi School of Management Italy

73 South Carolina, University of – Moore School of Business United States

74 EDHEC Business School France

75 McGill University – Faculty of Management Canada

76 City University – Cass Business School Britain

77 Wake Forest University – Babcock Graduate School of Management United States

78 Chinese University of Hong Kong Hong Kong

79 Lancaster University Management School Britain

80 Brandeis International Business School United States

81 Grenoble Graduate School of Business France

82 British Columbia, University of – Sauder School of Business Canada

83 Birmingham, University of – Birmingham Business School Britain

84 Thunderbird School of Global Management United States

85 International University of Japan – Graduate School of International Management Japan

86 Newcastle University Business School Britain

87 Illinois at Urbana-Champaign, University of – College of Business United States

88 Southern Methodist University – Cox School of Business United States

89 National University of Singapore – The NUS Business School Singapore

90 EADA Spain

91 Strathclyde, University of – Business School Britain

92 Georgia, University of – Terry College of Business United States

93 Curtin University Graduate School of Business Australia

94 TiasNimbas Business School Netherlands

95 China Europe International Business School (CEIBS) China

96 Leeds University Business School Britain

97 EGADE-Tecnologico de Monterrey Mexico

98 Nottingham University Business School Britain

99 Indian Institute of Management – Ahmedabad India

100 Florida, University of – Hough Graduate School of Business United States