Awarded by: Financial Times
The School of Business and Management of the Hong Kong University of Science and Technology (HKUST Business School) has moved up one place to rank 47th in the world's top business schools offering full-time Master of Business Administration (MBA) programs, according to the latest business education rankings released today (21 January 2002) by the Financial Times. It is the only school in Asia Pacific to make a top 50 position in the rankings.
The Financial Times top MBA rankings include 100 schools worldwide. This year, six are from the Asia-Pacific region, namely HKUST (47), Australian Graduate School of Management (67), Chinese University of Hong Kong (67), Melbourne Business School (84), China Europe International Business School (92), National University of Singapore (99).
The rest includes 56 from the US, 27 from Europe, 8 from Canada and 3 from South America.
The survey measures a school based on three broad dimensions: the career progression accrued from the MBA (in particular its purchasing power in the marketplace), diversity, and research.
In addition to maintaining its top 50 position overall, HKUST again ranks first in the world for the international experience that its MBA program offers, second (after IMD in Switzerland) for its international faculty. Its research ranking moves up from last year's 33rd to 26th, placing it ahead of many major business schools such as University of Western Ontario: Ivey and Yale School of Management, ranked 35th and 39th respectively in the research category.