First time ever a Singapore business school’s MBA makes it to the top 25 in closely-watched global annual rankings NANYANG BUSINESS SCHOOL’s MBA has been ranked among the top 25 in the world and is 4th in the Asia-Pacific region including Australia.
The Nanyang MBA is now 24th globally, making it the first time that a Singapore-based university’s MBA programme has made it to the top 25 in the closely-watched annual MBA rankings done by The Financial Times. Making it to the top 25 globally is a significant achievement for Nanyang Business School as its MBA was ranked 46th last year and 67th in 2007.This is the highest ever ranking for a MBA programme offered by a Singapore business school and now places the home-grown Nanyang Business School in the league of elite business schools worldwide.In the Asia-Pacific region ranking, which also covered Australia, the Nanyang MBA rose to fourth place this year and achieved a three-year average rank of four in the region.
The listing of the top 100 full-time global MBA programmes, called the Financial Times MBA 2009, was released by the world’s leading business newspaper today (Monday).A part of Nanyang Technological University (NTU), the Nanyang Business School is one of Asia’s largest business schools and is committed to educating tomorrow’s strategic leaders with cutting-edge academically rigorous curricula relevant to business, particularly in Asia.“I am delighted that our business school is moving in the right direction and our Nanyang MBA programme is gaining worldwide recognition,” said Professor Jitendra V. Singh, Dean of the Nanyang Business School.“We are building a world class business school. One that Singapore and all of Asia will be proud of.”“We are hiring new world class faculty to continue to excel in rigorous, relevant and innovative teaching and research which meets the needs of the corporate world as we help prepare the global business leaders of tomorrow,” Professor Singh added.
He is Dean and Shaw Foundation Chair, and Professor of Strategy, Management and Organisation at Nanyang Business School.Significantly, Nanyang MBAs who graduated three years ago reported a salary of US$104,300 on a weighted average basis, compared to last year’s figure of US$90,000 reported by those who graduated three years earlier.Also, Nanyang MBA graduates enjoyed a robust 131% increase in salary on completing the programme three years ago, up from the 111% increase reported last year by those who graduated three years earlier. At the same time, the Nanyang Business School also did well in terms of ideas generation and knowledge creation through research, improving its Financial Times research rank to 71, from 76 previously.
The Nanyang MBA programme did particularly well in terms of alumni career progress, diversity in terms of gender, internationalisation of board representation, faculty and students.Interestingly, the latest survey by the Financial Times found that the women faculty at Nanyang Business School rose to 32% (from 28% in the previous year), women board members’ percentage rose to 23% (from 18%) and that of women students to 40% (from 28%).Financial Times’ ranking of the top 100 full-time global MBA programmes is based on two sets of surveys – one completed by alumni who graduated from the MBA programme three years ago and the other by the business school.
The Financial Times, Jan-2009.
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