MBA50.com has compiled the results of the major media MBA rankings of the last twelve months to produce the MBA50.com Premiership.
How do the top business schools in Asia Pacific perform when you combine these results?
|2012 Rank||2011 Rank||Institution||Country||The FT 2012*||BusWeek 2012*||Economist 2012*||Forbes 2011*|
|1||1||Hong Kong UST Bus Sch||China||1||1||7||-|
|2||2||Indian Institute of Management, Ahmedabad||India||2||-||5||-|
|3||-||University of Hong Kong||China||8||-||3||-|
|4||3||NUS Sch of Bus||Singapore||4||-||12||1|
|5||5||Melbourne Business School||Australia||10||-||2||-|
|5||4||CEIBS Business School||China||5||-||11||2|
|*Ranking figure above is relative to other Asia Pacific b-schools|
Very few of the Asia Pacific business schools are ranked by four of the major media rankings. BusinessWeek assesses only a limited number of non-U.S. business schools, and Forbes produces two separate lists, both very short, for one year and two year programmes. US News does not consider business schools from Asia Pacific at all.
MBA50.com has calculated overall performance by looking at each ranking position compared to other Asia Pacific schools. In the case of the FT and Economist rankings, if an Australian business school ranked #51 in the overall FT ranking and #37 in the overall Economist ranking, but among Asia Pacific business schools was #4 in the FT and #2 in The Economist, then the relative Asia Pacific regional figure was used for the calculation, and added where appropriate to those of BusinessWeek and Forbes, before dividing the results by the number of rankings in which they appear to achieve an average score.
The idea of the MBA50.com Premiership is to compare the performance of schools in multiple rankings, and therefore does not include the many good business schools from Asia Pacific that appear in fewer than two rankings.
Candidates should remember that this is not scientific approach, and there is no attempt to weight any one ranking greater than the others. As stated before, each ranking uses a different methodology and measures different things with the inherent limitations of each assessment, so doing particularly well in one ranking and less well in another is reflected in the overall average score.