‘MBA’ - Three letters that have become a passport to success and a job with financial security. The eighties saw the craze for core engineering subjects; I.T. and Computer Science ruled the mind from the nineties to the year 2000. After the dot-com bubble burst, and the global economic recession, the value of an MBA from a reputed institution sky-rocketed.
“The Economist” is a leading magazine on finance and business that is respected for its valuable insights on the state of the global economy. Their list of the best MBAs is cited quite often and is a benchmark for excellence in business education.
The top 10 institutions as per the Economist’s rankings for Best MBAs for 2014 are:
- University of Chicago – Booth School of Business - United States
- Dartmouth College – Tuck School of Business - United States
- University of Virginia – Darden School of Business - United States
- HEC School of Management, Paris - France
- University of Navarra – IESE Business School - Spain
- Harvard Business School - United States
- University of California at Berkeley – Haas School of Business - United States
- New York University – Leonard N Stern School of Business - United States
- Stanford University – Graduate School of Business - United States
- Columbia Business School - United States
This article will offer information on the top universities to get an MBA in leading study abroad destinations.
Beating other leading universities, the two top-ranked institutions to get an MBA in the USA are - the Booth School of Business at the University of Chicago and the Tuck School of Business at Dartmouth College. Globally these institutions are ranked number one and two for the quality of their MBA programmes.
Beating universities like Oxford and Cambridge, the two top-ranked institutions in the UK to study an MBA are - London Business School at the University of London and Henley Business School at the University of Reading. Globally the institutions are ranked at 15 and 34, respectively.
Australia’s two top institutions to study an MBA are - the University of Queensland Business School and the Melbourne Business School. Globally the institutions are ranked 16 and 40, respectively.
Why an International MBA Matters?
With so many B-Schools and Management Schools in India, the surprising element is that only one - IIM-Ahmedabad makes it to the list issued by ‘The Economist’. IIM-Ahmedabad is ranked at number 48. Considering the sheer number of applications that IIM-Ahmedabad receives every year, only the finest minds can enter its hallowed corridors.
An international MBA holds immense significance as the course curriculum is designed in partnership with some of the best minds in the industry and in most cases includes a compulsory work-placement component that offers valuable work and learning experience. To top it the reach of the global alumni network of these institutions is a force to reckon with. Every alumni member seeks to help the other in finding a relevant job. Entrepreneurship and sustainable business practices are two other qualities which are instilled into students. It is no surprise that the past three to four years have seen the rise of entrepreneurs in India especially in the e-commerce industry.
To simplify, an international MBA is like a high-value fixed deposit that keeps giving you returns on your original investment and opens a world of possibilities for you to succeed.
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