The Financial Times of London has ranked York’s Schulich School of Business among the top 25 MBA programs in the world, while its graduates were ranked among the top 10 in the world in terms of career progress.
Schulich ranked 22nd overall in the 2005 Financial Times global survey, neck and neck with the Rotman School of Management at the University of Toronto, in 21st place, and ahead of the Ivey School of Business at the University of Western Ontario, which ranked 34th.
The Financial Times noted that business schools had to make gains in many categories in order simply to retain the same ranking as the previous year. Thirteen Canadian business schools participated in the Financial Times survey, but only six were able to make the Top 100 MBA programs. Last year, three Canadian schools made the top 30; this year, only two Canadian schools, Schulich and Rotman, were able to retain their rank in the top 30.
“To put Schulich’s performance in a global context, it is worth noting that we placed higher than Cornell, UCLA and Carnegie Mellon – all world-class business schools – and we ranked just behind Darden, Duke and the University of North Carolina,” said Schulich Dean Dezsö J. Horváth (right). “I am confident that we will remain very competitive in the Financial Times ranking for many years to come, given the extremely high quality of our students and faculty, and given the tremendous improvements our staff members are implementing across all our service units.”
Other survey highlights include:
- Schulich ranked seventh in the world in the category of “Career Progress”, which measures the extent to which alumni have moved up the career ladder three years after graduating.
- Schulich ranked sixth in the world and number one in North America in the “Value for Money” category, a return on investment measurement that calculates the rate of return for each dollar spent by students between the start of the MBA to three years after graduation.
“We’re very pleased to have maintained a strong position globally in one of the most rigorous and comprehensive MBA surveys in the world,” said Horváth. “Today’s ranking, together with the other major rankings of the past year, clearly position Schulich as one of Canada’s top schools, as well as one the top 10 in the world outside of the US and one of the top 20 schools in North America.”
Known as Canada’s Global Business School™, the Schulich School of Business in Toronto is one of the top-ranked business schools in Canada and among the top 10 business schools in the world outside the US. Schulich is ranked 22nd in the world and number one in Canada by the Economist Intelligence Unit, the business research and intelligence arm of The Economist magazine. Schulich is also ranked 22nd in the world and among the top 10 business schools outside the US by the Financial Times of London; 14th in the world and number one in Canada in The Wall Street Journal’s “Top International Schools” ranking; sixth in the world among non-US schools and number 1 in Canada by Forbes. Schulich is among the top six schools in the world and number one in Canada in a ranking of corporate social responsibility conducted by the World Resources Institute and the Aspen Institute.