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30.01.2012
HKUST MBA stays in the world’s top 10 for the third year in
a row
The HKUST MBA program is ranked in the world’s top 10 again by the Financial Times Global MBA Rankings 2012 despite changes in the ranking criteria. This brings the three-year average rank of the program to the 8th in the world.
The HKUST Business School is the only Asian business school to crack Financial Times’ global MBA top 10 list for the third year in a row. Its MBA program is world no. 7 and 15 in terms of the international experience and international mobility respectively. The rich international experience of the program is also evident in the current full-time class, which consists of Hong Kong (7%), Mainland China (19%), other Asian nationalities (27%), North America (21%), Europe (20%), and other regions (6%), with 28 nationalities represented.
This year Financial Times has adopted a new set of guidelines. Schools in Hong Kong can no longer count mainland nationals as non-locals for ranking purposes. As a result, students, faculty and board members from mainland China are not considered as “international” by schools in Hong Kong in the 2012 rankings.
Professor Steven DeKrey, Senior Associate Dean and Director of Masters Programs of the HKUST Business School said, “Our MBA Program’s strategic direction has always included a strong international composition of faculty and students. I am pleased to see that given our global diversity including strong ties to China and the rest of Asia we remain among the world’s top 10 and Asia's finest despite the Financial Times’ change in criteria.”
The School’s research rank is no.1 in Asia, no.19 in the world. Its MBA graduates continue to achieve excellent career progression, with an average annual salary at HKD995,200 (USD127,600), which reflects a three-year increase of 144% over their pre-MBA salary, 10th among all the global top 100 MBA programs.
“Our accomplishment echoes the increasing market demand for talents with both global exposure and understanding in China business as Asia becomes the world’s economic powerhouse with China at the forefront,” said Professor Leonard Cheng, Dean of HKUST Business School.
HKUST President Tony F Chan said, “Congratulations to our Business School for remaining Asia’s best and the world’s select few. Its dazzling achievements are not just the pride of our university, but the pride of Hong Kong. At HKUST we will not focus only on rankings, but will persist in our effort to help spur our region’s economic growth and social development through continued academic excellence.”
The full table of the Financial Times Global MBA rankings 2012 can be viewed at the following webpage:
http://rankings.ft.com/businessschoolrankings/global-mba-rankings-2012
MBA program faculty, staff and students celebrate the program stays in the world’s top 10 for the third year in a row by the Financial Times.
