Global Degree is Key, FT Rankings Show
Multi-continent programs are the only EMBA programs–MBAs for working managers–that have seen an increase in enrollment this year, the 2009 Financial Times rankings revealed earlier this week.
Overall enrollment in EMBA programs slumped almost 10% across the schools surveyed by the FT, but the drop may have been even more precipitous at lower-ranked schools. Programs with a global component dominated the rankings, with the top four all taught on at least two continents.
Top Five EMBA Programs
- Kellogg /Hong Kong UST Business School
- Trium: HEC Paris /LSE /New York University: Stern
- Columbia/London Business School
- University of Chicago: Booth
- University of Pennsylvania: Wharton
The popularity of these programs defies the price ”“ often well above $100,000 ”“ making the global EMBA arguably the most expensive masters degree around, FT reports, adding that the boost in enrollment is even more surprising considering it comes at a time when a number of corporations have cut back on sponsorship.
Some, like Veronica Hope-Hailey, associate dean of MBA programs at Cass Business School in London, see the news as signs of a trend that individual employability is very important.
Ethan Hanabury, senior associate dean for degree programs at Columbia Business School, also noted the trend, telling FT that “Self-sponsored MBAs see the MBA as an opportunity to develop themselves. This is the aspect that is most pleasing.”
It may also mean that applicants view EMBAs in the same way as the traditional full-time program ”“ an investment in a downturn.
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