Tag Archives: INSEAD

LBS is Businessweek’s Top-Ranked International Business School

A few weeks ago, Bloomberg Businessweek crowned Harvard Business School as the best MBA program in the United States. This week, Bloomberg has released its 2016 ranking of the best international business schools based on data …

lbs_campus-wiki-commonsA few weeks ago, Bloomberg Businessweek crowned Harvard Business School as the best MBA program in the United States. This week, Bloomberg has released its 2016 ranking of the best international business schools based on data compiled from more than 1,000 recruiters, 15,000 alumni, and 9,000 recent graduates.

Out of 31 International MBA programs, London Business School ranks first, INSEAD is number two and Oxford’s Saïd Business School is number three. The 2015 #1-ranked program, Western-Ivey Business School, fell to tenth place this year.

This year, the United Kingdom—well known for having one of the world’s most desirable MBA markets—dominated the ranking: in addition to LBS grabbing the No. 1 spot, Cambridge and Oxford both ranked in the top five.

Top Ten Best International MBA Programs

  1. London Business School
  2. INSEAD
  3. Oxford’s Said Business School
  4. Cambridge Judge Business School
  5. IESE Business School
  6. IE Business School
  7. IMD
  8. SDA Bocconi
  9. Melbourne Business School
  10. Western Ivey Business School

So what sets apart an international MBA? Student body diversity is one. European business schools, for example, boast a roughly 80 percent non-national ratio, compared to 30 percent at their U.S. counterparts. Whether these programs include class trips to work in emerging economies or offer a cohort with students from numerous different countries, they compete on equal footing with the best North American schools.

Ultimately, you have to choose a program you genuinely connect with. Evaluate qualities like the school fit, culture, location, class size and teaching methodology. Don’t worry about whether you’ll get into “the best MBA program of all.” Just figure out which business school is the best one for you.

You may also be interested in:

London Business School Tops FT’s 2016 European B-School Ranking

Posted in School News | Tagged , , , , , , ,

London Business School Tops FT’s 2016 European B-School Ranking

For the third straight year, London Business School tops the Financial Times‘s overall ranking of the best business schools in Europe, but France’s HEC Paris and INSEAD came in close on its heels. The FT publishes …

LBS tops FT European rankingsFor the third straight year, London Business School tops the Financial Times‘s overall ranking of the best business schools in Europe, but France’s HEC Paris and INSEAD came in close on its heels. The FT publishes five main rankings each year: MBA, Executive MBA, Masters in Management, and the two rankings for executive education. Only schools that take part in all five are eligible for a full score.

Given that this is a relative ranking based on the aggregated performances across five rankings, FT stresses that a good score in one or two does not automatically mean a better placing overall. London Business School performed strongly across all five rankings: its full-time MBA ranked second, and its joint EMBA program with Columbia Business School as well as its customized executive education courses both ranked in fourth place.

One of the main strengths of the LBS programs, notes the FT, is the wide range of students from different countries; more than 90% of its 2015 MBA cohort came from overseas, hailing from about 60 different countries.

In this ranking, INSEAD leads the field for full-time and EMBA programs, while the University of St Gallen in Switzerland is top for MiM. Spain’s IESE Business School and IMD of Switzerland were ranked number one for customized and open-enrollment executive education programs respectively.

2016 Top Ten Best European Business Schools

  1. London Business School
  2. HEC Paris
  3. INSEAD
  4. IE Business School
  5. University of St Gallen
  6. ESADE Business School
  7. SDA Bocconi
  8. IESE Business School
  9. IMD
  10. Rotterdam School of Management

To determine this composite ranking, the Financial Times compiles a significant amount of data from the participating business schools, including average salaries, the increase in salary its graduates receive three years after completing their degree, and the percentage of graduates employed three months after finishing school.

You can read the complete methodology for the FT’s European composite ranking here.

You may also be interested in:

Why US Applicants Should Consider MBA Programs Abroad

Study Abroad: Key to Competing in the International Economy

Posted in General, School News | Tagged , , , , ,

Ask the AdCom: Opportunities to Study Abroad

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we …

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we know our readers will enjoy seeing  a different side of what makes these guys tick.

This fun space is not really about the application process but more about real-life topics, like what’s a good book to readbest place to study, where you can find a killer meal near campus, and all the fun stuff happening at b-school that creates those lifelong, cherished memories for MBA students.

We hope you become inspired, too!

MBA study abroad options

Today’s Question is: What study abroad options can MBA program students explore?

Alex Lawrence, Assistant Dean of MBA Admissions at UCLA Anderson School of Management, points to The Global Immersion Program includes classes at UCLA Anderson and one week immersion in-country for a blend of classroom lectures, guest speakers, panel discussions, company visits and cultural activities.

Morgan Bernstein, Executive Director of Full-Time MBA Admissions  at Berkeley-Haas School of Business, says: Berkeley MBA students may embark on an international exchange program in the fall semester of their second year. International exchange programs are offered at the Hong Kong University of Science and Technology, IESE Business School, Universidad de Navarra, Barcelona, L’Ecole des Hautes Etudes Commerciales (HEC), Jouy-en-Josas, and London Business School.

Students can also do an exchange with Columbia Business School in New York. Students interested in international exposure without the semester exchange often participate in International Business Development (IBD), our global consulting course that sends student teams all over the world to complete a three-week consulting project.

Judi Byers, Executive Director of Admissions and Financial Aid  at Cornell’s Samuel Curtis Johnson Graduate School of Management, asked students to share their experience with Johnson’s study abroad options:

  • Sydney Chernish, MBA ’16: We have programs where students can attend schools across the world. For shorter periods, there are opportunities to attend two week international treks to receive elective credit.
  • Najeen Riazi, MBA ’17: There is incredible diversity of study abroad programs.  I participated in programs in South Africa/Zanzibar and Israel and both were life-changing.
  • Daniel Greenhaw, MBA ’16: Yes – either semester abroad or week long excursions known as Johnson Treks.

Virginie Fougea, Associate Director of Admissions at INSEAD, says: In addition to our three campuses (Abu Dhabi, Fontainebleau & Singapore), we have alliances and partnerships with Kellogg, Wharton, SAIS John Hopkins and CEIBS in the US and China.

Shari Hubert, Associate Dean of MBA Admissions at Georgetown’s McDonough School of Business, says: We have semester exchange programs with ESADE, HEC, and BiMBA at Peking University. We also require all MBAs to complete the Global Business Experience course, which asks them to consult for a company abroad then travel to that company to present their recommendations to executives.

John Roeder, Assistant Dean Graduate Admissions  at SMU Cox School of Business, says: While we have traditional Study Abroad programs, all students will go abroad to either Asia, South America or Europe as a part of the Global Leadership Program at Cox at the end of their first year.

As one of the first leading business schools to mandate global immersion for our students, the Cox School has built deep and extensive relationships with the leaders of today’s greatest international companies. As a result, students don’t just tour countries and visit headquarter locations; you hear and learn from the C-level executives who lead their global organizations on a daily basis.

Allison Jamison, Admissions Director at Duke University’s Fuqua School of Business, says: In addition to our Global Academic Travel Experience (GATE) courses, where students study an area of the world for a term and then go to visit, we offer more than 30 international exchange partners from Denmark, to China, to South Africa, to Argentina, and more.

Isser Gallogly, Assistant Dean of MBA Admissions at NYU Stern School of Business, says: Yes, including our popular 1-2 week in-country, intensive courses called Doing Business in… (DBis) to explore how business is conducted in other countries in Central America, South America, Europe, Africa and Asia & Pacific.

Kelly R. Wilson, Executive Director of Admissions at CMU Tepper School of Business, says: Transitional Economies Study Abroad in EU is an option for those looking for a formal exchange program. Global Treks also play a role internationally.

Melissa Fogerty, Director of Admissions at Yale School of Management, says: Global engagement is a daily occurrence at Yale SOM…Our curriculum not only incorporates global perspectives into course work and cases but also requires significant global experience and includes a unique class on working in global virtual teams.

Yale SOM was the first major MBA program to require students to study abroad, with the introduction of our International Experience trips in 2006. Students now choose from a menu of Global Studies options, which include leveraging the Global Network for Advanced Management through Global Network Weeks and Courses, semester-long study abroad, International Experience trips, and real-world consulting experience with mission-driven entrepreneurs in the Global Social Entrepreneurship elective. Students also participate in an innovative Global Virtual Teams course, in which they partnered this year with Global Network peers at EGADE Business School in Mexico and HEC Paris in France on a virtual operations management project.

******

Get your passport ready, because it seems international travel is all but guaranteed when you pursue an MBA degree at one of the top b-schools anywhere in the world!  Look out for the #AskAdCom in our social media channels, and we’ll see you again next week when we check in to Ask the AdCom about the entrepreneurship resources available at their programs.

Posted in General, School News | Tagged , , , , , , , , , , , ,

Ask the AdCom: What’s a Popular Annual Activity?

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we …

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we know our readers will enjoy seeing  a different side of what makes these guys tick.

This fun space is not really about the application process but more about real-life topics, like what’s a good book to readbest place to study, where you can find a killer meal near campus, and all the fun stuff happening at b-school that creates those lifelong, cherished memories for MBA students.

We hope you become inspired, too!

Today’s question is: Tell us about a popular annual activity on campus.

MBA student lifeVirginie Fougea, Associate Director of Admissions at INSEAD, says: National Weeks. With more than 70 nationalities represented on our campuses, everyone is a minority at INSEAD. National weeks are events that set the INSEAD MBA experience apart from other business schools; it is the celebration of diversity.

Ten times a year, students from various countries showcase their cultural traditions to the class during a week-long celebration (food, traditional costumes, music, etc.). National Weeks happen simultaneously in Fontainebleau and Singapore.

Judi Byers, Executive Director of Admissions and Financial Aid at Cornell’s Johnson Graduate School of Management, asked her students to share their favorites:

  • Peter Su, MBA ’17: Spring Formal
  • Sydney Chernish, MBA ’16: Some of our most entertaining events include Diwali, a variety show put on by the South Asian Business Club. Another is the annual Charity Auction, which raises thousands of dollars for local charities and brings out donations and bids from faculty, staff, students, and partners.
  • Najeen Riazi, MBA ’17: SO MANY.  Carnivale. Holi. Slope Day and Battle of the Brands.G
  • Daniel Greenhaw, MBA ’16: Slope Day

Rodrigo Malta, Director of Admissions at UT McCombs School of Business, says: Texas MBA International NightEach year the International MBA Student Association (IMBASA) and the Texas MBA+ Leadership Program host the largest MBA event of the year, International Night.

With almost 1,000 attendees, this event gives MBAs from all over the world an opportunity to open the doors to their culture for their classmates with a night of food, dancing, traditional games and entertainment. The evening is a multicultural celebration featuring an exciting blend of representatives from more than 20 countries. The popular event gives MBAs an opportunity to take a break from their academic rigors and discover the diversity of McCombs.

Also, Texas MBA @ SXSW: Every year, McCombs hosts a booth at SXSW Interactive and our annual McCombs E-Ship Night at this great event.  This is just another way for our alumni, current students and the Austin/tech community to connect and learn more about start ups from McCombs alumni.

Shari Hubert, Associate Dean of MBA Admissions at Georgetown’s McDonough School of Business, says:

  • International Student Festival – Our MBA students host an event that celebrates the many cultures found within our student body with a day of culture, dance, and food.
  • McDonough Cup – MBA cohorts compete against one another in a weeklong series of competitions, ranging from a scavenger hunt to a cookoff to sports. The winner earns their place on the coveted McDonough Cup trophy.
  • McDonough Sippy Cup – Launched last year, this event celebrates the many families with small children within our MBA program.

Morgan Bernstein, Executive Director of Full-Time MBA Admissions at UC Berkeley-Haas School of Business, says: Some of the most popular events among our students include the annual Haas Gala in San Francisco, the Haas Talent Show which showcases the musical talent of our Dean (as well as the hidden talents of our students!); and the Dean’s Scotch Tasting fundraiser, which calls on our favorite faculty and staff to guest bartend for the evening for a good cause. From an admissions perspective, we always look forward to Days at Haas, when we get to meet our newly-admitted students and their partners.

John Roeder, Assistant Dean Graduate Admissions at SMU Cox School of Business, says: Each spring, the Cox Business Leadership Center’s Nonprofit Consulting Program pairs 35 MBA students with one of four local nonprofit organizations. Student teams work over a six-week period researching and benchmarking, gathering and analyzing data, and ultimately generating plans to solve core business challenges. At the conclusion of the program, students present these plans to staff and board members at each of the organizations.

Kelly R. Wilson, Executive Director of Admissions at CMU Tepper School of Business, says: Student-lead Global Treks often provide social networking opportunities with students, local executives, alumni and faculty. Recent Global Trek regions include: China, Dubai, Japan, India, Israel, Peru, South Africa and Morocco.

Melissa Fogerty, Director of Admissions  at Yale School of Management, says:  At Yale SOM, we host an annual celebration of our community’s cultural diversity called International Week. During this week, students enjoy global food at International Food Fest, and participate in #OneSOM activities like Global Trivia, What Not to Do in a Business Setting, and Travel Etiquette.

Isser Gallogly, Assistant Dean of MBA Admissions at NYU Stern School of Business, says: Each spring, Stern’s student government hosts “International Passport Day” — students share their country’s unique heritage through cuisine, costumes and performances in a festival on Gould Plaza.

*****

Look out for the #AskAdCom in our social media channels, and we’ll see you again next week when we check in to Ask the AdCom who are the “must meet” professors.

Image credit: Flickr user Elitatt, CC by 2.0

Posted in School News | Tagged , , , , , , , , , , ,

Why U.S. Applicants Should Consider MBA Programs Abroad

This post originally appeared on Stacy’s “Strictly Business” MBA Blog on U.S.News. As the world becomes increasingly interconnected, tomorrow’s business professionals will need to develop an adaptive mindset that allows them to successfully navigate a …

international MBA programs

This post originally appeared on Stacy’s “Strictly Business” MBA Blog on U.S.News.

As the world becomes increasingly interconnected, tomorrow’s business professionals will need to develop an adaptive mindset that allows them to successfully navigate a variety of markets, languages and cultures.

We’ve seen a lot of growth lately in the range of international full-time, part-time and executive MBA courses aimed at U.S. students looking for a global business school experience, and there’s no better way to expand your horizons than by studying in another country.

While top U.S. business schools continue to dominate many rankings, programs at global universities hold their own when it comes to prestige and quality. Of the top MBA programs in the world, there are typically high-ranking programs outside of the U.S., including the University of Navarra’s IESE Business School in Spain, the Hautes Etudes Commerciales (HEC) Paris and the University of Queensland Business School in Australia.

But what sets apart an international MBA? Student body diversity is one.

European business schools, for example, boast a roughly 80 percent non-national ratio, compared to 30 percent at their U.S. counterparts. Whether these programs include class trips to work in emerging economies or offer a cohort with students from numerous different countries, they compete on equal footing with the best North American schools.

Another attractive characteristic for U.S. students is that many of the highly ranked business programs in Europe are just one year. Though the shorter MBA program means a more grueling schedule, many feel it’s worth the trade-off because it translates into just one year of foregone salary and the possibility of students getting their educational investment back in less than three years.

You’ll always have the highest exposure to jobs in your geographic area, so keep that top of mind as you think about your career goals and fields of interest. If you already know that you want to work in Asia, Europe, the Middle East or Latin America, you’d be better off choosing a local school where you can network directly with employers.

Many international MBA programs are offered in English, though fluency in the local language greatly enhances your candidacy when applying. English-language MBA programs at IESE Business School and HEC Paris, for example, offer students a chance to strengthen their Spanish or French while learning how commerce works in the host countries.

In general, though, overseas MBA programs prefer applicants who can point to previous professional or study abroad experience, since this demonstrates that you already know how to work with different cultures and are more likely to enrich the experience of others in the cohort.

INSEAD Business School in France opened a second campus in Singapore in 2000, clearly a shift to specifically target Asia and the Pacific Rim. Asian universities in turn have stepped up their game when it comes to competing for students.

Hong Kong University of Science and Technology, one of the region’s highly recognized graduate schools of business, has joined forces with China Europe International Business School in Shanghai and Nanyang Technological University in Singapore to raise their visibility in North America and Europe and interest more Western candidates to Asia to earn MBA degrees. Lower program costs and Asia’s ever-increasing economic relevance, plus the use of English as the language of instruction, makes this trio particularly appealing to students in the West.

Latin America, meanwhile, is a relatively young MBA market that offers substantial growth opportunities and an affordable management education compared to its North American counterparts. According to the most recent QS Top MBA Report on the global job market, hiring is particularly insular in Latin America, and the percentage of employers who look for talent within their own region is second only to the U.S. and Canada.

The region’s rapidly growing economy – notably in Mexico, Brazil and Peru – means increased opportunities for business and trade, and MBAs who are comfortable with the local language as well as with the region’s social and cultural norms will thrive.

Some of the schools recognized throughout the world are the EGADE Business School and IPADE Business School in Mexico, the CENTRUM Católica Business School in Peru and FGV’s São Paulo School of Business Administration in Brazil.

Whether your goal is to establish yourself ahead of U.S. candidates for international jobs or simply to have a degree that carries the cachet of regional knowledge, choosing to pursue an MBA overseas give you the opportunity for a truly transformational experience, leading to a greater understanding of yourself and how business operates around the world.

Posted in Application Tips, General | Tagged , , , , , , , , , , , , , ,

Ask the AdCom: What’s a Can’t-Miss Course?

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we …

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we know our readers will enjoy seeing  a different side of what makes these guys tick.

This fun space is not really about the application process but more about real-life topics, like what’s a good book to readbest place to study, where you can find a killer meal near campus, and all the fun stuff happening at b-school that creates those lifelong, cherished memories for MBA students.

We hope you become inspired, too!

class at INSEAD

Today’s question is: Name a must-take course.

Virginie Fougea, Associate Director of Admissions at INSEAD, says:  The MBA’16 J class has just elected Pr. Henning Piezunka (teaching New Business Ventures) and Pr. Peter Joos (teaching Financial Accounting) for the “Best Teacher” awards. ‘The First Hundred Days’ is also very popular.

Shari Hubert, Associate Dean of MBA Admissions  at Georgetown’s McDonough School of Business, recommends:

  • Start-Up Factory with Eric Koester
  • Understanding Entrepreneurship with Professor Jeff Reid
  • 1st-Year Core Finance with Professor Lee Pinkowitz
  • Social Enterprise with Melissa Bradley
  • Firm Analysis and Strategy with Professor Jeff Macher

Kelly R. Wilson, Executive Director of Admissions  at CMU Tepper School of Business, recommends Corporate Restructuring, taught by Dean Bob Dammon.

John Roeder, Assistant Dean Graduate Admissions  at SMU Cox School of Business, recommends Master Negotiation with Robin Pinkley.  Everyone should take a Negotiations course in their MBA as the skills and tactics are useful in business, buying a car, dealing with a spouse…Robin wrote THE book on Salary Negotiations (Get Paid What You’re Worth).  This may be why our students are so successful in their average post-MBA salaries.

Melissa Fogerty, Director of Admissions at Yale School of Management, notes: About 65% of our students at SOM take at least one elective course outside of the School of Management at other Yale schools, and the most popular non-SOM course this academic year was Renewable Energy Project Finance at the Yale School of Forestry and Environmental Studies.

If you are interested in sustainability and the environment, this practicum exposes students to real-world tools of the trade and the theory underlying them, exploring what one would encounter if working for a utility project developer, project finance lender or infrastructure equity investment firm.

Judi Byers, Executive Director of Admissions and Financial Aid at Cornell’s Samuel Curtis Johnson Graduate School of Management, shared these student recommendations:

  • Peter Su, MBA ’17: Critical and Strategical Thinking
  • Sydney Chernish, MBA ’16: The most helpful and enjoyable class was Oral Communications. It’s a small, hands-on class where you present speeches and receive professor and peer feedback in a constructive and positive way.
  • Najeen Riazi, MBA ’17: Management Cases or Macroeconomics.
  • Daniel Greenhaw, MBA ’16: Negotiations.
******

Look out for the #AskAdCom in our social media channels, and we’ll see you again next week when we check in to Ask the AdCom some fun student clubs.

Posted in School News | Tagged , , , , , , , , , , , , , , , ,