[photopress:MBA_CEIBS.jpg,full,alignright]The China Europe International Business School (CEIBS) was ranked 9th in the Forbes magazine 2007 listing of the world’s top non-U.S. two-year business school programs. This is the first time an Asian-based business school has got into the top ten ranking.
The Forbes rating is based primarily on the return on investment for students, determined by calculating the average compensation earned five years after graduation minus tuition and the forgone salary during school attendance. Whether this is a formula which would find universal approval is a matter for debate.
Certainly it would appear to be very much biased towards business schools which follow the American model as closely as possible.
Forbes formulated its ranking for the current result based on data from CEIBS MBA students graduating in 2002.
Forbes also found CEIBS to be the best school surveyed in terms of ‘payback time’ for tuition and expenses. CEIBS graduates reported reclaiming their expenses after just 2.5 years of working. In addition, CEIBS tied with London Business School for the highest GMAT scores among non U.S. two year programs, with an average of 680 points.
In January 2007, the Financial Times ranked CEIBS No. 11 worldwide in its ranking of global full-time MBA programs and for four year has rated it number one in Asia. And in December 2006, BusinessWeek China ranked CEIBS as the Best Business School in China based on employer appraisals.