CEU Business

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MBA Rankings Of Business Schools In 2018

One of the most sought-after career options in the world is one that of a highly paid manager of a multinational or global company. Many aspirants opt for a management degree from some of the best Business schools because they feel that it would be useful for them, and give them the launch pad to success. In fact, the competition to get a seat at a highly ranked business school is so high and there is a huge demand to get an admission into one of these management programs. Many business schools even offer part-time programs to executives who are already working. Some of the top ranked business schools, known both globally as well as in the US for their full-time management programs in the current year (2018) are:
· Stanford University
· INSEAD
· University of Pennsylvania (Wharton)
· Harvard School of Business
· London Business School
· Harvard School of Business
· University of Chicago (Booth)
· Columbia Business School
· CEIBS
· MIT (Sloan)

As far as rankings are concerned, topping the list is the Stanford program for MBA. As a matter of fact Stanford happens to number one in both the global ranking and that in the US. The course fees is roughly about $141,000 and are for a duration of 24 months. The class has about 418 students and 40 percent of this is made up of female students. The remarkable thing about this institution is that students from about sixty-one countries come together to pursue this course. The weighted salary of graduates from Stanford is $214,742. The second highest weighted salary is for graduates from Insead, at a close $177,157.

How Salaries Matter For Management Graduates
Wharton School of Business at the University of Pennsylvania. Known for the leadership skills that it provides to its students, this business school has an MBA program that costs about $157000, with a course duration of 21 months. Students from 65 countries around the globe study in this business school. Graduates from this business school get a weighted salary of $190,826. Fourth on this list is the London School of Business in the UK which has a weighted salary of $ 167,897 for its graduates. One of the most sought after business schools in the world is the Harvard School of Business. Students from Harvard are seen as the most employable with high business positions being offered to them. It wouldn’t be wrong to say that Harvard enjoys a great reputation for being one of the topmost Business schools in the world, and one of the most sought after by students across the globe. The weighted salary of graduates from Harvard is $192,133. Closely following Harvard is the Chicago University’s Booth School of Business with a management program of 21 months. The best feature about the management programs in this business school is that it offers what is known as a flexible curriculum. There are about 582 students in the class, and the course fees is about $144,000. Graduated from this Business school get a weighted salary of $174,153.

Thus we see that graduates from highly ranked business schools are highly paid.

Business persons sitting

Business School Rankings In 2017

Courses in management happen to be one of the most sought-after courses all over the world because it creates an opportunity for highly paid managerial jobs in some of the best global companies. As far as the QS world rankings in 2017 are concerned, some of the top universities across the globe are
· Harvard School of Business
· London Business School
· INSEAD
· MIT
· University of Pennsylvania
· Stanford University
· University of Oxford
· University of Cambridge
· London School of Economics
· University of California

The US is the hub for some of the best business schools in the world. Stanford and Harvard have created a niche for themselves in providing some of the best management programs that are highly sought after by people all over the world. Students from Harvard are seen as the most employable with high business positions being offered to them. It wouldn’t be wrong to say that Harvard enjoys an excellent reputation for being one of the topmost Business schools in the world, and one of the most sought after by students across the globe. The MBA happens to be one of the most competitive courses that are highly sought after by students both from the US and abroad. As far as rankings are concerned, topping the list is the Stanford program for MBA. As a matter of fact Stanford happens to number one in both the global ranking and that in the US. As far as the US and Canada are concerned, some of the well-known universities that provide the best management education are within this region. They include the University of Toronto, the University of British Columbia, and McGill University in Canada.

Other Top Business Schools
The top business schools in Europe include:
· University of Warwick
· University of Manchester
· Imperial College London, all of which are in the UK.
· ESADE Business School in Spain, among several others.

Some of the top business schools in Asia include the;
· Peking University
· Tsinghua University
· Seoul National University
· Korea University
· Indian Institute of Management
· The University of Tokyo, and many more.

Business schools in Australia include University of Melbourne, University of South Wales, and the University of Sydney.

The reason why business schools are becoming more and more popular is because of the courses in management that they offer, which is usually full time and sometimes part-time, for working executives. Many aspirants opt for a management degree from some of the best Business schools because they feel that it would be useful for them, and give them the launch pad to success. In fact, the competition to get a seat at a highly ranked business school is so high, and there is a huge demand to get an admission into one of these management programs. Having a management degree from some of these high ranking business schools is often like a ticket to success, because there are many lucrative managerial jobs on offer, making these courses as pivotal to success. Thus it can be seen that according to the 2017 ranking, the US continues to dominate as far as business schools are concerned.

Three happy business graduates on road side

Why Ranking Is Important For Business Schools

Business schools in the US are much sought after by students both within the US and outside it. In fact, it is the dream of many students to join a good business school, because it could be a crucial factor for their long-term success. The biggest challenge that many students may face apart from the academic competition that they may have to through is the fees for the programs. To many aspiring students, the fees might be a rather big amount and is definitely not to be taken lightly. However, Harvard and Stanford have a reputation like no other when it comes to its global ranking as the top business schools in the globe and the quality of its education.

When it comes to ranking a business school, the business schools all across the globed is ranked every year by specialists in education who are known as QS or Quacquarelli Symonds. This ranking is crucial because it gives people an idea about which business school is the best on the basis of various parameters.

The ranking is done on the basis of
· surveys of employers,
· academics, and
· business school programs.

The MBA programs are evaluated on the basis of:
· employability,
· alumni outcomes,
· students’ return on investment,
· thought leadership, and
· diversity.

Ranking And Salaries Of Business School Graduates
While there are several business schools around the globe that provide various options when it comes to business studies for both professionals and for people who are into entrepreneurship, however, the ranking given by QS has a lot to say about the business school itself. The Business school that is ranked number one by QS is Stanford University in California, US. Stanford happens to number one in both the global ranking and that in the US. The course fees are roughly about $141,000 and is for a duration of 24 months. A person who has graduated out of Stanford will get a salary of about $140K to $149K business school getting the second rank is Harvard, where the normal post-graduate salary is something between $130K and $139K. The cost for these graduate management programs is relatively expensive, but it is guaranteed to help aspiration management executives in making wise management decisions. Several alumni of these B-schools have risen to some of the topmost leaders in the global market and carved a niche for themselves in the global scene. The business school to get the third rank according to QS is the University of Pennsylvania and students who pass out from here roughly get the same salary as those from Harvard. At number four is MIT, and number five is the University of Chicago. The salary that a person who passes out these universities get is between 20K and $129K. Thus it can be seen that the ranking of business schools around the world given by QS is an indication of the kind of success one could get in monetary terms after completing a management course in any of these highly ranked business schools. It clearly shows that ranking also decides on the kind of demand that each business school will have.