Awarded by: Economist Intelligence Unit

The Hong Kong University of Science and Technology's School of Business and Management (HKUST Business School) has yet again been ranked by the Economist Intelligence Unit (EIU), for the third year in a row, as No. 1 in Asia and Australia. Overall, it ranks No. 11 in the world.

Of the 100 MBA programs that made the EIU annual list this year, 50 are from North America, 39 from Europe and 11 from Asia and Australia. The EIU ranking places HKUST MBA program ahead of Harvard Business School (12), Wharton (17) and MIT (18).

Describing HKUST as a top-ranked Asian school, the EIU said the School's full-time faculty teaching on the MBA program are all PhD qualified. It also described the School as having excellent facilities, with easy access to markets such as China and turns out graduates who are much coveted by employers across the world.

EIU's ranking criteria include four main areas, namely, "open new career opportunities", "personal development and educational experience", "increase salary" and "potential to network". The HKUST MBA program ranks No. 3 in the world in "open new career opportunities" which is measured by diversity of recruiters, assessment of career services, jobs found through the career service and student assessment, and No. 6 in "personal development and educational experience" measured by faculty quality, student quality, student diversity and education experience.

The full list of EIU's 2008 List of Top 100 Full-time MBA Programs is available on
www.which-mba.com.