[PHOTO: Liz West/Flickr/CC BY 2.0] |
London/New Delhi: London Business School, INSEAD and Harvard are the preferred choice of international recruiters according to the 2012/13 QS Global 200 Business Schools Report published on Wednesday.
This major research into MBA graduate employability is based
on the largest survey of global employer opinion in existence
MBA employers were asked to identify the business schools of
which they prefer to recruit from. The 3305 respondents also identified schools
they deem to produce excellent hires in ten areas of elective specialization:
finance; strategy; marketing; entrepreneurship; CSR; information management;
innovation; leadership, operations management, and international management.
Region
|
2012 Position School
|
North America
|
1 Harvard
|
2 Stanford
|
|
3 Kellogg
|
|
Latin America
|
1 Tecnologico de Monterrey
|
2 Pontificia Universidad Católica de Chile
|
|
Europe
|
3 Business School Sao Paulo
|
1 INSEAD
|
|
2 London Business School
|
|
3 IMD
|
|
Middle East and Africa
|
1 University of Cape Town
|
2 American University in Cairo
|
|
3 University of Witwatersrand
|
|
Asia-Pacific
|
1 INSEAD
|
2 IIM Ahmedabad
|
|
3 NUS Business School
|
*Data Source: 2012/13 QS Global 200 Business Schools Report
The report points to a leading cluster of 39 'elite global'
business schools spread across North America (22), Europe (14) and Asia-Pacific
(3). While the US total of 15 'elite global' schools is unsurpassed, only
Harvard boasts a comparable employer reputation to London Business School and
INSEAD.
Graduates from top European schools are shown to earn higher
average salaries than their North American counterparts. Graduate salaries at
Europe's 'elite global' schools averaged US$109,300, compared to US$101,100 in
North America.
However, while Europe's schools performed well for
employability and graduate salaries, when it comes to specializations the US
schools dominate. Harvard places number one in four of the 10 subjects covered,
ahead of MIT-Sloan (2), INSEAD (1), Kellogg, Northwestern (1), Stanford (1) and
Wharton (1).
Nunzio Quacquarelli, Managing Director of QS says,
"This year's report finds record numbers of companies turning towards
hiring MBAs, underlining the value of the qualification in today's globalized
economy."
Quacquarelli continues: "The report reveals that
graduates of Europe's top business schools are increasingly in demand for their
ability to lead and innovate and for transferring best practice management
skills to fast-growing emerging economies around the world."
MBAs from Indian schools emerge as the world's most
academically qualified. Average GMAT scores at IIM Bangalore and IIM Ahmedabad
are the highest in the world, comfortably ahead of any of the top schools from
Europe or the US.