Friday, August 31, 2007

Forbes ranks top B-Schools(2007) on ROI criteria

In its 2007 rankings of the top Business Schools of the world, Forbes has gone in for the 'Return on Investment'* criteria to rank the best B-Schools across the globe. (though the sample used for this is not from the immediate past batches, which raises a question mark over the current validity of the results - however, the rankings can be a good indicator of the top B-Schools. Word of warning: Should you see some very surprising results, do take a second opinion. Do i see you running to the FT rankings already!!)

Here are the FORBES B-School Rankings for 2007.

Forbes Top 10 US B-schools 2007:
Rank 1. Tuck School of Business, Dartmouth 2. Stanford 3. Harvard 4. Virginia (Darden) 5. Pennsylvania (Wharton) 6. Columbia 7. Chicago 8. Yale 9. Northwestern (Kellogg) 10. Cornell (Johnson)

Forbes Top Non-US One-Year Business Schools 2007:
Rank 1. IMD, Lausanne, Switzerland 2. Insead, Fountainbleau, France 3. Judge Business School, University ofCambridge, UK 4. Instituto de Empresa, Madrid, Spain 5. Cranfield, Bedford, UK
Forbes Top Non-US Two-Year Business Schools 2007
Rank 1. Australian Graduate School of Management 2. British Columbia (Sauder), Canada
3. Esade, Spain 4. Ceibs, China 5. McGill, Canada

Related Posts:

*What is Return on Investment?
- ROI is return on invested capital. While using this criteria for b-school rankings, a simple way of going about it would be to weigh the average placement salaries against the tution fees or the total expenses incurred to complete your MBA. A more complicated approach might try and factor in the cost of 'lost opportunities' as well. For example, if you gave up a 45,000 USD job to join Tuck that goes into the investments!