Awarded by: Financial Times

The Hong Kong University of Science and Technology's School of Business and Management (HKUST Business School) today announced that its joint Executive MBA program with the Kellogg School of Management of Northwestern University, US, has risen to No. 6 on the Financial Times worldwide EMBA rankings - up from its ninth-place ranking in the last survey in 2003.

Described by the Financial Times as "one of Asia's youngest but most respected business schools", the HKUST Business School launched the Kellogg-HKUST EMBA Program on the HKUST campus in 1998 to provide the best executive education that the US and Asia could offer. The program consists of 28 courses offered during two weekends each month for 16 months. Half of the courses are taught by Kellogg faculty members, and the other half by HKUST faculty members.

HKUST is the only school in the Asia Pacific listed among the top ten. Its partner school, Kellogg, ranks No.2 in the world. The other schools at the top are Pennsylvania: Wharton (No. 1), University of Chicago: GSB (No. 3), New York University: Stern (No. 4) and Duke University: Fuqua (No. 5).