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.

Prof. Paul Chu, President of the HKUST, described the latest ranking of the Business School's full-time MBA program as yet another feather in the cap for HKUST. "I am very delighted that the quality of management education offered by the HKUST is once again recognized by an international ranking organization like the EIU. We will continue to invest in our programs to ensure that students will get the best education experience by international standards at HKUST," he said.

Leonard Cheng, Acting Dean of the HKUST Business School, said, "The School has invested significantly in the continual improvement of our offering, including the MBA program. The latest EIU ranking results affirm our efforts and provide much welcome encouragement to our faculty and staff."

Steven DeKrey, Senior Associate Dean and Director of MBA Program, said, "We will continue to innovate and implement new initiatives in our program to enrich students' learning experiences. Our objectives are to assist our students, who represent 23 nationalities in the current class, to renew, improve and develop themselves with their MBA experience. I am glad the EIU results are consistent with our priorities."

Positions of Schools in Asia and Australia on
EIU's 2008 List of Top 100 Full-time MBA Programs

[img]/files/Content/Uploads/PressRelease/be64ce08-c761-4519-9ec6-a3e117c431c4.jpg[/img][img]/files/Content/Uploads/PressRelease/007ef208-9dba-4320-a9ea-0dac434cfb34.jpg[/img]

SchoolLocationOverall Position
1 HKUST Hong Kong 11
2 Melbourne Business School Australia 26
3 Monash University Australia 47
4 Macquarie Graduate School of Management Australia 57
5 University of Hong Kong Hong Kong 58
6 The Chinese University of Hong Kong Hong Kong 73
7 Nanyang Technological University Singapore 81
8 International University of Japan Japan 82
9 National University of Singapore Singapore 89
10

Indian Institute of Management University

India 91

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

[img]/files/Content/Uploads/PressRelease/b7262414-6a6d-4b1f-a658-bfdc13e7b144.jpg[/img][img]/files/Content/Uploads/PressRelease/cab5ffa3-4dfb-4afa-b3ff-9c28c38b9e2d.jpg[/img]