So you’re thinking of getting an MBA, which is arguably a ticket to faster career advancement. What Business Times reported 2 days ago may interest you:
According to a report by Economist Intelligence Unit, NTU’s Nanyang Business School “has the best MBA programme in Singapore.”
But behind the nice wordings is the sad fact that NTU is ranked 72nd, while NUS Business School comes in rather closely at 94th.
It is interesting to note that both NUS and NTU do not feature at all in Forbes’ biennial ranking of global business schools, which quantitatively ranks the schools by the payoff that you can get. Forbes actually compares the before and after salaries of MBA graduates. The ratio of “profits” earned by graduates are divided by sum of the tuition fees and lost salaries (opportunity cost) to derive the “Ratio to Expenses”. Then, the schools are ranked by this ratio.
According to Forbes’ ranking, the best global MBA school is Switzerland’s IMD. If you study there, you will spend US$45,000 on tuition, but can expect to be “profitable” in just 2 years (i.e. 2 years to payback). The starting annual salary of fresh IMD MBA graduates is US$163,000, which includes sign on bonus and other compensation. (US$163,000 = S$240,000)
So, if you want to get an MBA, and can afford to go to Switzerland, try for IMD!
25 Comments
Where is the Coventry University business School ranked?
It is too expensive to have the MBA at IMD. Wonder is there any good ROI MBA at cheaper cost.
Please help with the B schools in UK
1.Coventry
2.Cardiff
Please help me with Returns as total expense would be around 15 lacs
Hi Glenn, I am interested in applying for the IMD MBA. May I get in touch with you to find out more? Thanks!
Hi, could someone please advice on the best PART-TIME MBA in Singapore?
I know i’ve got limited options but need your inputs as i have been listening to inconsistent feedback from co-workers. Many thanks.
NTU’s Nanyang Business School
i second that! or NUS MBA
NTU is ranked higher than NUS for MBA but most people still have the tendancy to go for NUS because it is still a more popular brandname to local HRs/employers.
HOWS COVENTRY FOR MBA IN INTERNATIONAL MARKETING …LONDON CAMPUS??
Hello, my name is Andres.
I am analyzing on doing an MBA in the next admission round. I would like to apply to the best ones, mainly in EU. My options are LBS, INSADE and IMD. I am strongly considering IMD because I am living at the moment in Switzerland and I would like to remain here. Can somebody help me in this selection. Main considerations, cost, years of master study, recognition after graduation, GMAT, and other selection criteria’s (I would need to take the exams) and practical knowledge (I have a background in Marketing, so I am not really interested in business content if not in practical approach to leadership and management).
Also I am 31 years old, and some MBA are for 2 years, I would graduate with 34, I am also a bit concern about the age and to look job after 2 years of stop.
I would really appreciate any comment,
Thank you very much,
Generally local MBAs are next to useless when it comes to career progression in Singapore and elsewhere. With top MBA programmes from INSEAD available here, who the heck bothers with local MBA.
Hi All,
can somebody throw light on the JCU MBA program in singapore. and How are the job prospects/salary growth after pursuing it?
Thanks