World's TOP 15 Business Schools

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The much-awaited Global MBA Rankings 2009 published annually by Financial Times, London, is finally out.


While you will find the usual suspects in the top 10 with the London Business School and Wharton School, University of Pennsylvania sharing the numero uno spot, the Shanghai-based China European International Business School (Ceibs) has been ranked eighth, the first time ever any Chinese business school has found a place in the top 10 ever since this survey began a decade ago.
Interestingly, Indian School of Business -- the only Indian management school to figure in this list of 100 -- has ramped up its 2009 position to the 15th spot.
Here's a lowdown on the top 15 business schools as they appear in the Global MBA Rankings 2009.



London Business School: Rank 1

Country: UK
London Business School jumped two places up in the 2009 survey compared to its 3rd rank last year.


Amongst its other achievements London Business School -- sharing the top spot with Wharton School, University of Pennsylvania -- boasts of a community that includes 1,300 plus students each year from 121 countries, 150 plus teaching faculty from more than 30 countries and 27,800 alumni based in more than 120 countries.


Situated in Regent's Park, London, London Business School offers degree programmes like MBA, executive MBA, EMBA-global, Dubai-London executive MBA, Sloan Fellowship MSc, Masters in finance, and PhDs.


Average alumni salary today (in US $): 1,46,565
Wharton School, University of Pennsylvania: Rank 1
Country: USA

Established in 1881 in Philadelphia, Wharton School, University of Pennsylvania, is the world's first collegiate business school has 84,000 plus alumni in 139 countries, 25 plus research centres and initiatives and 11 academic departments.
The university offers executive education programmes in subjects like finance/wealth, management, healthcare, corporate governance, marketing/sales and technology and operations apart from a host of other courses.
Average alumni salary today (in US $): 1,69,784
Text: Rediff Get Ahead Bureau
Photograph courtesy: London Business School, Wharton School, University of Pennsylvania. Image: (Top) London Business School; (bottom) Wharton School, University of Pennsylvania

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Harvard Business School: Rank 3
Country: USA
February 2, 2009
Offering management courses since 1908, Harvard Graduate School of Business started with a student population of 33 regular and 47 special students and a 15-member faculty.

It reached one of its famous milestones in 1959 when the school admitted women graduates to the second year MBA programme.



Harvard Business School moved up one position in 2009 to rank 3rd against its 2008 position.


Average alumni salary today (in US $): 1,63,637
Photograph courtesy: Harvard Graduate School of Business

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Columbia Business School: Rank 4
Country: USA
February 2, 2009
Ranked 3rd in the 2008 survey, Columbia Business School has swapped position with Harvard Business School this year.

Columbia University Graduate School of Business was founded in 1916 by A Barton Hepburn, president of Chase Manhattan Bank then, with 11 faculty members and 61 students.


Currently, the university offers full-time MBA programmes, executive MBAs and doctoral programmes with over 36,000 students. Warren Buffet, the legendary chairman of Berkshire Hathway did his MS in 1951 from Columbia Business School.


Average alumni salary today (in US $): 1,64,310
Photograph courtesy: Columbia Business School

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Insead: Rank 5
Country: France/Singapore
February 2, 2009
With two campuses in France (Fontainebleau) and Asia (Singapore) Insead began offering executive MBA programmes in November 2003 from both the campuses. It signed a strategic alliance with Wharton Business School in 2001.

Today, the university boasts of 138 standing and affiliate faculty from 32 countries, 887 MBA students across 76 nations, 9,500 executive MBA students from 100 countries spread across 2,000 companies.


From number 6 in 2008 Insead too has moved up one position in 2009.
Average alumni salary today (in US $): 1,47,908
Photograph courtesy: Insead

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Stanford University GSBand IE Business School: Rank 6
February 2, 2009
These two, like London Business School and Wharton School, share the same position. However, in 2008, Stanford (USA) stood 4th and IE Business School (Spain) stood at the 8th position. So while Stanford moved two points down the ladder IE Business School moved two points up.


Average alumni salary today (in US $) for Stanford GSB: 1,70,340
Average alumni salary today (in US $) for IE Business School: 1,32,925
Photograph courtesy: Stanford University; IE Business School. Image: (Top) Stanford University GSB and (bottom) IE Business School