P82&84 MBAS8 Global Top 100.qxd 15/4/08 12:16 Page 2
Special editorial
MBA
Western institutes watch out:
Asian business schools are awaking!
Elite Western institutions must adapt to maintain their pre-eminence amongst employers
Canada, only 27 from Europe, only nine Asia-
Pacific schools and only one Latin American
according to a report released this year, says Nunzio Quacquarelli. The Global Recruiters’
school, with 71 schools being common to both
Top 100 Business Schools Report, produced by QS
TopMBA.com, features the top 100
lists. In reality, there are probably a further 50
business schools in the world, as selected by 489 human resources managers and MBA
business schools around the world which, with a
little bit of fine-tuning, could make either the FT
recruiters from 35 countries. or the Global Recruiters’ Top 100, the margin of
difference is so small.
Asia-Pacific schools increase
The number of Asia-Pacific schools featured in the
Global Recruiters’ Top 100 has increased from 10
to 23 this year, which is a massive jump reflecting
their growing status and importance of Asian
recruitment amongst employers. It features three
Indian Institutes of Management, which have
become a main source of talent for banks and con-
sultancies, as well as the Indian School of
Business. Surprisingly, the latter appeared in
Hong Kong the FT Top 100. China is the hottest MBA
employment market and the report features six
he report features 13 new schools from overall demand for MBAs. This is as well as an Chinese schools, although this number does not
T
Asia, three from Europe and six from average four per cent increase in MBA compen- come close to meeting the local demand for
North America. There are a total of 10 UK sation in 2007, according to the QS
TopMBA.com talent. "More and more MBAs are joining
schools in the Top 100 but none of the 22 new survey. Asian employers contributed significantly Chinese companies from international MBA
entrants in the top 100 this year are from the UK. to this overall increase in MBA demand. programs and Asian MBA programs," says Michael
The recent FT rankings show four Asian schools
within the top 20, indicating a growing trend that The best reputations
Western institutions must recognize the emerging In total, there are 40 North American schools
Global Recruiters’ Top 100 B-Schools –
quality of their eastern counterparts. within the Global Recruiters’ Top 100. This
Alphabetized by Region
“Over the last couple of years most MBA compares to 32 in Europe, 23 in Asia and five in
Alphabetical Asia Pacific Top 10
students have received multiple offers, so the Latin America. Schools are selected for the list
(See online for the European and North American Schools
outlook is pretty good,” says Diane Morgan, based on the number of international employers
featured in the report at
www.topmba.com/research)
Careers Director at London Business School. which either currently targets the school for MBA
Australian GSM
A return to aggressive hiring by consultancies hiring, or believes the school has the best reputation
CEIBS
and multinationals, as well as the increasing in a region to meet its hiring needs.
HKUST
geographic spread of MBA employers in all By comparison, the recent FT rankings
sectors, resulted in a 22 per cent increase in produced 57 schools from the US, six from
Indian IM, Bangalore
INSEAD Singapore
“A return to aggressive hiring by consultancies and
Macquarie, MGSM
Melbourne Business School
multinationals, as well as the increasing geographic
Monash University GSB*
Nanyang Business School
spread of MBA employers in all sectors, resulted in a
NUS Business School
Source: QS
TopMBA.com International Recruiter Survey 2007
22 per cent increase in overall demand for MBAs”
Note * = New entrant in 2007
82 TopMBA CAREER GUIDE
www.topmba.com
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