Tuesday, August 11, 2009

London Business School places first in Forbes ranking

The biennial Forbes survey, compiled in terms of gain on expenses, questioned alumni from the class of 2004 to determine the results and saw London Business School move up from number two in 2007 to re-capture the top spot which it also held in 2005. Alumni were asked for their pre-MBA salaries as well as compensation figures for three of the first five years after getting their degrees. Post-MBA salaries were then compared with opportunity cost (tuition and forgone salary while in school). Salary figures are adjusted to account for cost-of-living expenses and discounted the earnings gains, using a rate tied to money market yields. Sabine Vinck, Associate Dean, Degree Programmes said, "I am delighted that we have re-claimed the number one position in this ranking. This result demonstrates that London Business School offers excellent return on investment and that our alumni compensation levels post-graduation are among the highest in the world. While we do not allow rankings to drive our strategy, it is gratifying nonetheless that the value of a London Business School MBA has been so categorically recognised. I would like to thank all those alumni who took the time to complete this survey." The Forbes ranking consists of three separate tables: US programmes, non-US one-year programmes, and non-US two-year programmes. They do not produce a combined rankings table. Insead was ranked first in the one year programmes outside the US, with Stanford the top US programme. A full breakdown of the rankings can now be found here. The rankings issue of the magazine will be on newsstands from 7 August.
Copyright - London Business School

1 comment:

Satpreet said...

hi,

I am thinking of applying to LBS and one of the things I liked were the diverse Study grps. The LBS site mentions a little bit about the study grp but doesn't mention much about how it works. I understand that people work as a grp on certain projects and homework, but is there a particular person who leads it or is it that anyone in the grp who feels he has expertise on the project topic leads it and this keeps changing. I am guessing the study grps at LBS are not much different than the team based learning or peer grps at other B-schools except that the students at LBS come from more diverse backgrounds.

Thanks for your time and info.