Awarded by: Financial Times
The School of Business and Management of the Hong Kong University of Science and Technology (HKUST Business School) is now one of the world's top 75 business schools offering Master of Business Administration (MBA) programs, according to the latest business education rankings released by the Financial Times on January 24 2000.
The HKUST Business School entered the Financial Times list for the first time this year. It is the only business school from Hong Kong or Asia to make the prestigious list; and is ranked alongside 46 schools from the USA, 21 from Europe, four from Canada, two from Australia, and one from Mexico.
The survey considers the position of a school based on three broad dimensions: value and quality of the MBA; diversity; and research. The heaviest weighting (55% of the total) assesses the purchasing power of the MBA in the marketplace as reflected by job-related factors such as salaries. In view of the recent economic crisis, this generally places Asian schools at a disadvantage. However, the HKUST Business School scores well in this area for aims achieved by its MBA (defined as the extent to which alumni fulfilled their goals or reasons for doing an MBA).
The HKUST Business School is strong in the areas of diversity and research, the other two main focuses of the survey. Within the categories of diversity, it ranks fourth in the world (after Nimbas in the Netherlands, IMD in Switzerland and INSEAD in France) for its international faculty; and third for its international course content (after Nimbas and the UK's Manchester Business School).
In terms of research, the School ranks 40th based on faculty publications in top journals, and is one of the only 15 schools in the survey that possess a 100% PhD-qualified faculty.