The Financial Times 2012 Global MBA rankings reaffirms Babson’s leadership position in entrepreneurship education. Since 2000, Financial Times has ranked Babson’s F.W. Olin Graduate School of Business in the top five among global business schools; this year, Babson ranked #2, amongst MBA leaders Stanford, University of California, Berkeley Haas and MIT Sloan.
In the Global 100 rankings, specifically the value for money ranking, Babson ranked higher than Harvard University, MIT Sloan, University of Pennsylvania Wharton, University of Chicago Booth, University of California, Berkeley Haas and Northwestern University Kellogg. Babson’s reputation and ability to demonstrate global reach and business understanding is evident, reflected in a positive change in two international criterion points. Babson’s commitment to having a diverse community, including faculty and board members, is reflected in a positive change from last year in two women inclusion criterion. Babson is ranked #53 among U.S. business schools and #100 in the global business school rank
“Babson’s authority and thought leadership as the educator for Entrepreneurs of all Kinds™ is evident not only in the rankings we receive from respected publications such as the Financial Times, but also the commitment and passion we see on a daily basis from faculty, staff and students.—thank you for all you do. The Babson community understands and believes that entrepreneurship is more than just starting businesses, but rather seen and heard in organizations of all types and sizes. Every day, our community helps redefine entrepreneurship, establishing the Babson experience as unique, ownable and actionable in a global business environment,” said MBA Dean Raghu Tadepalli.
View complete rankings here.
To participate, schools must meet strict criteria. Schools must be internationally accredited and the program must have run for at least four consecutive years. This year, 150 schools took part. The general rankings methodology reflects a combination of alumni feedback through a survey to the Two-Year class of 2008 combined with data supplied by each school. The majority of the ranking (59%) is driven by this survey which specifically assesses this class’ performance in the marketplace since graduation across eight criteria points (e.g. current salary, salary progression since graduation, and career advancement). The eleven criteria related to diversity and international reach reflects 31% of the ranking. The final 10% is based on the relative number of articles published by full-time faculty members. The subject ranking is based on the alumni survey response when asked to rate the teaching of the subject at their school.
(Correction: This updated release reflects changes to the Babson information concerning results in the non-Entrepreneurship categories.)
By Michael Chmura |
1/31/2012 3:07 PM