X. Xxxxxx. By Nunzio Quacquarelli MA Cambridge, MBA Wharton

Transcription

1 X. Xxxxxx 1 QS Global 200 Buine School Report 2012 By Nunzio Quacquarelli MA Cambridge, MBA Wharton

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3 Content 1. Summary: fat fact Introduction Methodology Methodology: ample REGIONAL RATINGS 5. North America Europe Aia-Pacific Latin America Middle Eat and Africa SPECIALIZATION RATINGS 8. Corporate ocial reponibility Entrepreneurhip Finance Information management Innovation International management Leaderhip Marketing Operation management Strategy Concluion Appendix... 58

4 4 About the contributor Author: Nunzio Quacquarelli i founder and Managing Director of QS Quacquarelli Symond Ltd, publiher of the leading MBA information hub TopMBA.com and organizer of the QS World MBA Tour. Nunzio ha an MA from the Univerity of Cambridge and an MBA from The Wharton School and ha been reponible for publication of the QS TopMBA.com Job & Salary Trend Report ince 1990 Analyt: Suan Gatuguta Gitau i a reearch analyt and member of the QS Intelligence Unit. Buine education journalit: Kin Ly Note to journalit The content of thi report i protected by copyright.** Should you wih to reproduce any of the table preent within thi report, kindly get in touch with our PR department. Each table and graph ued outide of thi report mut be credited to: QS Global 200 Buine School Report with a live link to: Point of contact: Simona Bizzozero, Head of Public Relation at QS. She and i available to provide further information and to put the media in touch with the QS expert for commentarie or interview. [email protected] Tel: +44 (20) , +44 (0) , QS Quacquarelli Symond Ltd 1 Tranley Mew Fleet Road, London NW3 2DG United Kingdom Other reearch by QS QS TopMBA.com Applicant Survey 2011 The QS TopMBA.com Applicant Survey 2011 i the larget urvey of the mindet and apiration of MBA applicant ever conducted. The reult provide detailed inight into the tatu, attitude, goal and ambition of MBA applicant worldwide and how they and the employment and education market for young profeional are changing. Thi urvey allow valuable inight into the changing trend of worldwide MBA applicant. Viit: QS TopMBA.com Job and Salary Trend Report The QS TopMBA.com Job and Salary Trend Report reveal upcoming MBA recruitment level and alarie reported by MBA employer around the world. The leading report contain unparalleled data and expert analyi on which indutrie will pay, and hire the mot MBA graduate and alumni in the coming year. Viit:

5 1. Summary: fat fact Regional rating in the QS Global 200 Buine School Report 2012 North America US buine chool continue their dominance with rare movement among the top rated buine chool, ignifying a very developed market which i difficult for growing intitution to penetrate at a high level. Movement lower down the larget regional rating in the QS Global 200 Buine School Report point toward an extremely competitive range of management education offering, conitently triving for perfection. Page 12 Europe A large number of European buine chool ituated in the top cluter tetifie to the quality of European buine chool, challenging the traditional dominance of buine chool in the US. Though the UK remain the larget contributor of buine chool in the European rating, Spanih and French buine chool are alo prominent, reflecting global MBA applicant preference. Eight new entrant to the European buine chool rating ugget the region i till evolving in term of employer recognition of management education. Page 16 Aia-Pacific Rapid improvement in the quality of the region MBA program ha tranlated into 26 buine chool entering the report ince 2004, impreing international employer with their graduate. Autralia continue it dominance in thi region, although it i continually being challenged. Thi year, 11 of the 36 Aia- Pacific buine chool are baed in Autralia. Heightened demand in India and China ha thruted top performing buine chool into international employer potlight a the two country economic importance continue to develop. Many of Aia buine chool lack in international tudent enrollment, cauing concern among employer looking for graduate to work in a multinational environment. Exception include buine chool in Hong Kong and Singapore, plu Autralia if looking at the wider Aia- Pacific region. Page 19 Latin America MBA employer in the region continue to look toward North American and European MBA graduate to hire their management taff, while local companie tend to hire within their own country. Therefore, jut 10 buine chool appear in the QS Global 200 Buine School Report Latin American rating. Compared to lat year Latin American regional rating, there have been big change, ignifying the ever evolving nature of management education in a region that i till developing it MBA offering. Large and increaingly globally important economie are trong in term of employer opinion of buine chool in the region, tranlating into poible future regional management education hub in Chile and Brazil. Page 23 5

6 Summary: fat fact 6 Middle Eat and Africa While the Africa and Middle Eat region i in the very early tage of it development of management education, hown by few chool appearing in the QS Global 200 Buine School Report, invetment in the ector coupled with huge political change in the region how great promie for new and exiting buine chool to grow in international prominence. Page 25 Specialization rating in the QS Global 200 Buine School Report 2012 Buine chool around the world are placing greater importance in the teaching of corporate ocial reponibility, partly a a reult of the huge economic development in recent year. Thi i not only in North America and Europe, but developing management education detination in Aia-Pacific. Page 26 A divere range of nation repreented in the QS Global 200 Buine School Report entrepreneurial rating ignifie the importance placed by both buinee and government on future entrepreneurial talent emerging from MBA program. Page 29 MBA program curricula have changed a a reult of the ongoing global economic iue, reulting in employer valuing recent and future MBA graduate more o than ever. Graduate from chool located in or near global financial capital appeal particularly to employer. Page 32 Heightened demand from employer looking for MBA graduate with a pecific knowledge in information management ha developed coniderably a a reult of technological innovation. School in certain region in North America are on employer radar more o than mot. Page 35 Huge cla diverity in many of Europe buine chool ee the continent intitution perform particularly well in term of MBA employer opinion. North American chool alo ee good reult, while Aian buine chool uffer from difficultie in attracting international applicant. Page 41 Due to the economic woe in Europe and North America, MBA employer are looking to graduate vered in leaderhip in order to teer them away from poible future difficultie. Currently, buine chool in the US, UK, and other European detination are among the mot repected by employer.

7 2. Introduction The QS Global 200 Buine School Report originated in the early 1990 a an alternative to buine chool ranking. The rating provide a detailed overview of the mot popular buine chool around the world, baed on detail provided to QS by over 2,000 employer who actively recruit MBA graduate. Without inferring any overall ranking, QS objective i to provide a reource to help propective MBA tudent identify the buine chool from which employer mot actively recruit. The reearch i intended to be of ue to MBA employer, propective MBA tudent and intitution worldwide that are intereted in international buine education and recruitment trend. At the heart of the report i the definitive lit of 200 buine chool from which employer prefer to recruit MBA. Thi lit i compiled from an annual urvey of human reource (HR) manager and line manager with recruiting reponibilitie at companie around the world. Each year, employer recommend new chool to be added to the lit. Thi i then ent to other recruiter to rate. The reearch provide rating of the mot popular buine chool according to two definitive categorie: Regional rating: Africa and the Middle Eat; Aia-Pacific; Europe; Latin America; North America. MBA pecialization* rating: Corporate ocial reponibility (CSR); Entrepreneurhip; Finance; Information management; Innovation; International management; Leaderhip; Marketing; Operation management; Strategy. *MBA pecialization refer to a buine chool perceived area of expertie among MBA employer. Throughout the report the above 10 area of expertie are referred to a MBA pecialization. Global employability: buine chool ranking or rating? The objective of the QS Global 200 Buine School Report i to provide an indication of the employability of an MBA upon graduation. A uch, QS believe a rating ytem a oppoed to the traditional buine chool ranking provide a reliable meaure of the employability outcome of an MBA program. Traditional ranking ae on average 15 to 20 criteria in order to provide an overarching indication of tudent atifaction. Thee vary but are motly baed on general apect: academic peer review, citation per faculty, faculty-tudent ratio, and international tudent, for example. The QS Global 200 Buine School Report only meaure one indicator the employability outcome of an MBA program by region and pecialization. Focuing olely on employer view provide a reliable inight a to which buine chool produce MBA graduate and alumni that are favored by recruiter. Thi i derived from employer vote a to which chool they prefer to recruit MBA graduate. Employer and HR deciion maker worldwide are at the forefront of witneing the worth of an MBA. QS believe that they are in the bet poition to judge the value of a buine chool graduate, and have among the mot objective and informed opinion a to which are the bet buine chool. When an HR department elect a buine chool to recruit MBA from, the deciion will often be the reult of an intenive reearch exercie: evaluating the trength of faculty, the facilitie and the relevance of the coure to the employee and the company need. Similarly, when HR manager chooe which buine chool to recruit from, they will draw from a wide 7

8 Introduction 8 range of information ource. They ae the quality and efficiency of the chool career ervice and the reputation of the chool, for example. HR deciion maker look beyond ranking and examine the facilitie, the coure content and the quality of tudent. Year-on-year, thi urvey reveal remarkable conitency in chool election. Allegiance to particular chool i not gained or lot by one good or bad tudent but by a utained experience over everal year. Providing regional MBA rating Management education i globalizing. The pat decade ha een an increae of accredited buine chool open in emerging market uch a in the BRIC countrie (Brazil, Ruia, India, and China). While buine chool in the US and Europe remain the mot popular tudy detination among MBA tudent, chool elewhere in the world uch a thoe in Aia-Pacific are growing in popularity. The proliferation of accredited program around the globe ha led to a wider choice for MBA applicant over the pat few year. Recent trend indicate that there i greater onu on chooing the right country a well a the right buine chool. According to the TopMBA. com Applicant Survey 2011, over 50% of MBA tudent are chooing chool baed on the country in which they wih to work. Furthermore, international MBA recruiting i no longer the domain of a few pretigiou US and European companie. A growing number of HR manager in the Aia-Pacific region, Latin America, and the Middle Eat are informed about MBA education. Manager in thee region have been aked to hare their view on the chool they would prioritize for MBA hiring. There i a greater focu on regional MBA trend and in order to provide data to help tudent and recruiter chooe which chool to apply to and recruit from, QS ha categorized it buine chool rating by region. MBA pecialization rating According to the QS TopMBA Applicant Survey, chool pecialization are the eighth mot important criterion for chool election. According to the urvey, which i the larget of it kind, chool pecialization are more important to applicant than MBA ranking, convenience of location, or recommendation from peer, colleague and even employer. The MBA curriculum i changing to repond to thi in the offering of MBA pecialization. For profeional who want to further their career in the field that they are already working in, an MBA with a pecialit focu would be a viable option. In developing rating on MBA pecialization, QS aim i to provide a ueful reource for propective tudent and employer alike to help aid deciion over which chool to apply to, or which to recruit from. MBA program that do not offer pecialization can till produce graduate that excel in pecialit field. The reult of the QS Global 200 Buine School Report are baed on MBA recruiter opinion and a uch, employer alo voted on general MBA program that provide training and education in any one of 10 pecialit field, a well a program that pecialize in a particular field. There i now greater diverity in the many MBA pecialization on offer, but QS rate the 10 core MBA pecialization.

9 3. Methodology The QS Global 200 Buine School Report urvey (hereafter referred to a the urvey ) capture the preferred et of buine chool each reponding employer wihe to recruit from, either now, in the recent pat or in the near future. QS ak international employer to elect the chool they conider for hiring MBA graduate from. Employer that focu on dometic hiring are not included in the urvey. However, QS recognize that many excellent chool that cater predominantly for their local recruitment market may therefore not appear in the table. We include only buine chool offering full-time MBA program and a uch well known buine chool like ESCP Europe and HEC Lauanne (which only offer executive MBA, part-time MBA and/or mater program) are excluded. In order to produce the QS Global 200 Buine School Report, QS focue on experienced HR and line manager at organization that actively recruit MBA. Repondent from each company are aked a erie of quetion about MBA recruiting in the previou and the forthcoming year. Employer repone to thee quetion provide information on the following: Each employer i aked to lit, unprompted, the international chool from which they have recently attempted to recruit MBA. Each time a chool i elected by an employer, it receive one vote and the total number of vote i referred to a the total unprompted vote. From a lit of 500 buine chool that have been categorized by region, employer are then aked to identify the chool they regard a attractive for the purpoe of hiring MBA graduate. In order to be included in the urvey, a chool mut have been recommended by an employer in the previou year of the reearch. Each time a chool i voted, it i given one vote, referred to a the total prompted vote. The prompted and unprompted vote are added together to create the total employer vote. In order to enure balanced reult that are not ubject to influence from the economic cycle, an average of the total employer vote i taken from the current year reearch and the previou two year reearch. The bet performing chool() are given an index core of 100 and the average total employer vote i indexed againt the bet performing chool(). Thi indexing doe not affect the relative poition of chool in any given year. Thi core i known a the chool index of employer vote. 9 MBA recruitment trend; MBA alarie and compenation trend; Global buine chool rating by region; Global buine chool rating by pecialization. Thi reearch doe not intend to infer an overall ranking of chool. The table lit chool in cluter, categorized by region and pecialization. The relative employer poition of chool i diplayed baed on their employer core in that year and a rating within the region or pecialization.

10 Methodology Table 1: Buine chool cluter 10 Number of chool featured by region North America Europe Aia-Pacific Latin America Africa & Middle Eat Top Cluter: Index of Employer Vote >=65 Second Cluter: Index of Employer Vote >=23 Cluter Third Cluter: Index of Employer Vote >= 14 Fourth Cluter: Index of Employer Vote >= Note: Number in bracket are number of chool from the previou report Source: QS Global 200 Buine School Rating ( Rating the buine chool The table above provide a ummary of the number of buine chool in each region which make up the lit of the QS Global 200 Buine School Report. School which achieved an index of employer vote of over 11 are included in the definitive lit of 200 buine chool. School are preented in cluter which provide ditinction in term of recognition among employer. The relative poition within the cluter are not conidered ignificant by the author of thi report.

11 4. Methodology: ample Table 2: Sample of reponding employer by region Countrie Sector Conulting Finance Indutry Technology Aia-Pacific Booz & company HSBC Edam Intrument Apple Ernt & Young Standard RLS Pharma Google IBM ICIC Bank Tata LG Electronic Europe Barclay AT Kearney Capital Emeron Intel Gallup Credit Suie General Electric Philip Morgan Roland Berger Stanley Schindler SAP Latin America Banco Accenture Stantander Johnon&Johnon Schlumberger CT Partner BBVA General Motor Siemen Signium Bradeco MWM International Stefanini 11 US & Canada Deloitte CitiGroup Eaton Corp Amazon KPMG IFC World Bank Eli Lilly IBM McKiney & Co. JP Morgan Pfizer Blackwater International Source: QS Global 200 Buine School Rating ( The urvey wa conducted between March and July 2011 and repreent one of the larget exercie QS ha undertaken in term of geographic cope and level of detail. The 12,100 (5,007)* employer reponding to the urvey in 2011 were made up of 2,140 (2,157) who were actively recruiting MBA. All employer who reponded to the urvey are guaranteed confidentiality for the component of their individual repone, except for any open-ended feedback they have choen to provide on the value of an MBA or concern with MBA hire. * Comparative figure for the previou year are hown in bracket. The following table give a naphot of ome of the organization that took part in the urvey acro the world. A more comprehenive lit can be found in the appendix at the end of thi document.

12 Methodology: ample Source: QS Global 200 Buine School Rating ( Aeropace/ defence Contruction/ property Conulting/ profeional ervice Electronic/ high technology Energy FMCG Finance IT Law Manufacturing/ engineering Media/ entertainment/ art Metal/mining Pharmaceutical/ biotechnology/ health care Public ector/ goverment/ non-profit Recruitment/HR Retail Telecom Tranport/ ditribution Travel/leiure/ hopitality Utilitie Other Indutry ditribution of employer The chart below how the pread of employer acro 20 indutrie. Thi reflect the global pread of indutrie that hire MBA. The conulting and profeional ervice ector are the larget repondent in 2011, reflecting the urge in MBA demand within thi ector. Banking and financial ervice are the econd larget reponding ector, followed by HR/ recruitment ervice. Manufacturing, IT, FMCG and energy are alo well repreented in the ample. Geographical ditribution of employer Repone were received from employer acro the globe: Africa and the Middle Eat 5% Aia-Pacific 23% Autralia and New Zealand 2% Eatern Europe 4% Latin America 44%* North America 5% Wetern Europe 16% *Thi year, the employer urvey carried out a part of the QS Global 200 Buine School Report data collection proce brought in a large repone from Latin America. Although we are delighted by thi recognition, the heer ize of thi input threatened to ditort the finding, and o the influence of Latin America a a whole ha been limited by etting it influence to match that of Wetern Europe, an area of comparable population. To do thi, repone from Argentina, Chile, Colombia, Mexico, Peru and Venezuela wa caled back evenly, a thee were the mot overrepreented nation, until the whole Latin American repone matched that from Wetern Europe. In addition, a later weighting matche the overall repone from the America with that from Aia Pacific and from Europe, the Middle Eat and Africa.

13 5. North America 13 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

14 North America 14 Depite the ongoing economic trouble over the pat few year, buine chool in the USA and Canada remain highly relevant to global MBA employer and a mut-have for dometic employer. A the hitorical home of buine chool, and MBA education, North America ha alway been an attractive propect for employer to recruit MBA from, with The Wharton School etablihed in 1881 a the firt ever collegiate buine chool, and Harvard Buine School in the USA, which introduced the firt MBA over a century ago. In fact, for more than half of that 100-year period, the MBA program wa largely confined to the USA, allowing long-tanding US-baed buine chool to develop a ignificant reputation among international employer. Thi i evident through the dominance of US buine chool in the North America regional rating. Buine chool featuring in the top 10 by and large remain the ame a lat year, with the exception of UCLA Anderon School of Management, which ha climbed into the top 10. Thoe featuring in the top 10 have received more than 95 in the employer index vote, a tetament to the quality, and high level of competition among buine chool in North America. Harvard Buine School; Stanford Univerity Graduate School of Buine; The Kellogg School of Management and The Wharton School perform conitently well in producing employable MBA graduate, all of which appear in the top 10 year-on-year. Maryellen Lamb, director of MBA career management at The Wharton School ay the buine chool i particularly appealing to employer becaue of it ability to nurture thoughtful leader, thoroughly trained in all the core buine dicipline, leading to an analytical recruit who i ready to take on globally complex challenge. Thi add to a trong group of lifelong learner who put knowledge into action. Although average alary figure do not make up the QS rating, the North America table indicate a clear correlation between the highet average alarie and the buine chool that appear in the top cluter. Thi i indicative of the alarie that employer are prepared to pay graduate from the buine chool that they value the mot for recruitment. The following ix buine chool featuring in the top cluter have hown huge improvement in employer reputation. Each chool ha improved conitently, and year-on-year ha climbed further up the rating. The chool in the top cluter howing the bigget improvement thi year are Rotman School of Management at the Univerity of Toronto, and Samuel Curti Johnon Graduate School of Management at Cornell Univerity, with both chool making a 13-place jump up the North American rating. Deautel Faculty of Management at McGill Univerity; Queen School of Buine; Rotman School of Management; Samuel Curti Johnon Graduate School of Management; Sauder School of Buine; Schulich School of Buine. Eight buine chool have been rated in the econd cluter for the firt time, ignifying the contant improvement in the quality of MBA education in the region, a employer realize the employability of graduate from chool that were previouly under their recruitment radar. In particular, the ix intitution below have made year-on-year improvement. Alberta School of Buine; Claremont Univerity: Drucker; Florida International Univerity Graduate School of Buine; George Wahington Univerity; Ohio State Univerity: Fiher; Tepper School of Buine.

15 North America There are 10 new chool entering the QS Global 200 Buine School Report from North America. The majority of them have entered the rating in the third cluter jumping ahead of ome chool that have featured in the North American rating ince Thee include: Zicklin School of Buine; Univerity of Sakatchewan; John Molon School of Buine; Loyola Univerity Chicago; The Univerity of Texa at Dalla; Smeal College of Buine; The John Hopkin Carey Buine School; Leed School of Buine; Daniel College of Buine; Maagung Graduate School of Management. William Kooer, aociate dean for tudent at the John Hopkin Carey Buine School, which ha entered the rating thi year, ay: We think employer are attracted to our tudent for the breadth of experience and the unique kill et that our program deliver. He add: Our tudent develop trong kill in ethical leaderhip, entrepreneurhip, innovation, technology tranfer, and a global mindet. They are well poitioned to help lead Employer are attracted to our tudent for the breadth of experience and the unique kill et that our program deliver organization that recognize the importance of innovative approache to buine and have the kill to adapt to buine need around the globe. 15

16 6. Europe 16 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

17 Europe European buine chool continue to be at the forefront of innovation in buine education, enuring they attract top international talent which in turn attract global MBA employer. Depite the economic woe of the region, 2011 ha been a record year for employment tatitic among European buine chool, which are upplying MBA talent not jut to local employer in the region, but alo employer acro Aia, the America and the Middle Eat. After a relatively low adoption of MBA tudie in Europe for the firt 40 year after the Second World War, the lat two decade ha een an exploion in the number of chool. The continent now hot MBA program in practically all of it countrie. Today, Europe ha a large cluter of top-rated Spain and France alo have numerou buine chool that are favored by employer to hire MBA graduate from. Spain ha three buine chool in the top cluter, while France ha two: Spain: IESE Buine School; IE Buine School; ESADE Buine School. France: INSEAD, France; HEC Pari. The hiring preference of employer are reflective of the top three European detination for MBA tudy among propective tudent. According to the latet QS TopMBA.com Applicant Survey, 46% of propective tudent want to take their MBA in the UK, 24% in France and 21% in Spain. 17 European buine chool continue to be at the forefront of innovation in buine education, enuring they attract top international talent buine chool, challenging the hegemony of US chool. The chool that take up the top 10 place have a longtanding and etablihed reputation. Thee buine chool conitently remain in the top 10 place, ignifying a longtanding repect among employer of each intitution MBA graduate. The UK remain the leader in Europe, in term of employer opinion of MBA graduate. The majority of buine chool featured in the European buine chool rating are from the UK a total of 22 out of 67 chool (33%). Furthermore, the UK i the country with the larget amount of buine chool in the top cluter, with a total of four chool: London Buine School; Saïd Buine School; Judge Buine School; Imperial College Buine School. While German buine chool are relatively young compared to other intitution in Europe, chool in the country are growing increaingly popular among employer. Though the majority of the buine chool in Germany are in the econd and third cluter, even chool from the country feature in the European rating. Furthermore, a ample of over 40 companie in Germany indicate a 27% rie in MBA demand in The German economy i uually the engine of MBA demand in Wetern Europe. Strong demand for German good in Aia in particular ha fuelled a demand for Aian MBA to join German companie. Likewie, many ervice companie are deperate to recruit German MBA to erve their ucceful German client.

18 Europe 18 Italy and Switzerland alo feature prominently in the rating, with four buine chool located in Italy and three in Switzerland. Europe ha a number of up and coming buine chool that continue to develop their buine management profile, and are gradually moving up the rating. Thee include the three new buine chool in the top cluter, all howing year-on-year improvement: Copenhagen Buine School; Imperial College Buine School; European Buine School in Germany. Although there are many buine chool in Europe that have earned conitent employer index core throughout the hitory of the QS Global 200 Buine School Report, eight European chool entering the rating thi year Europe ha a number of up and coming buine chool that continue to develop their buine management profile ignify that the region i till evolving in term of MBA employer opinion. New entrant to the European rating include: ESIC Buine and Marketing School; Sorbonne Graduate Buine School, IAE de Pari; Goethe Buine School; IAE AIX, Graduate School of Management - Univerité Paul Cezanne; Univerity of Cypru; EAE Buine School; Middleex Univerity Buine School; School of Management, Univerity of Surrey.

19 7. Aia-Pacific 19 Source: QS Global 200 Buine School Rating (

20 Aia-Pacific 20 Year-on-year, buine chool in the Aia-Pacific region are trengthening their role in the global MBA education cene. For example, the number of Aian and Autralian chool featured in the QS Global 200 Buine School Report ha increaed from 10 in 2004 to 36 thi year a maive rie in jut even year. Thi rapid rie in the number of internationally recognized chool i indicative of the improving tandard of Aian intitution, a employer increaingly recognize the quality of MBA graduate from certain chool the region. Buine chool in the Aia-Pacific region are looking at the tandard of top US and European intitution a indicator of how they compare and where they could improve. Furthermore, the economic growth in ome Aian countrie, particularly in China and India ha heightened the demand for more accredited buine chool in the region in order to train the next generation of ucceful buine leader. Peking Univerity, Beijing International MBA Program (BiMBA); The HKUST Buine School; Faculty of Buine and Economic at the Univerity of Hong Kong; School of Economic and Management at Tinghua Univerity; The Chinee Univerity of Hong Kong; Guanghua School of Management, Peking Univerity; School of Management at Fudan Univerity. HKUST Buine School and CEIBS have featured prominently in the buine chool rating ince Sherring Ng, head of MBA program marketing and admiion at HKUST Buine School, ay that a combination of it MBA curriculum and cultural diverity in it claroom, are what make HKUST particularly appealing to employer. The HKUST full-time MBA program are of over 25 nationalitie and divere indutry background. The environment Buine chool in the Aia-Pacific region are trengthening their role in the global MBA education cene The QS TopMBA.com Job and Salary Trend Report highlight that acro Aia, and epecially o in India and China, employer are embracing MBA a trend that i alo evident in the QS Global 200 Buine School Report through the rapid rie in the number of chool from the region that are repreented. China and Hong Kong are joining other major player in the region management education ector, namely Autralia, Singapore and India. Since 2009, eight buine chool in China and Hong Kong have featured in the rating: China Europe International Buine School (CEIBS); here enable tudent to aborb a wide range of culture which help them to think out of the box throughout their pot-mba career development. With intenive training through global buine plan competition, overea exchange, internhip and many other workhop, graduate are well trained to think from a wider perpective, he ay. Lydia Price, aociate dean at CEIBS ay that it divere MBA program attract employer from all indutrie, epecially given our focu on both China and international buine.

21 Aia-Pacific Invetment firm value our graduate ability to ae a firm propect for financial gain, conultant value their ability to advie client on their future buine, conumer and indutrial product firm value their ability to deign product line and ervice for the future, and IT firm value the ability to deign total olution for client need in the future, he add. Buine chool in India continue to climb up the rating. The number of Indian chool featuring in the Aia-Pacific rating ha increaed, with the addition of the Indian Intitute of Foreign Trade. In an economy that i rapidly growing in global importance, the rie in employer opinion of MBA graduate i extremely promiing in enuring the development of future buine leader to utain the fat-paced economic growth. Autralian buine chool continue to impre MBA employer. In the Aia-Pacific region, ignificant reource in their buine education ector. At preent only three buine chool from the two countrie feature in the Aia- Pacific rating: International Univerity of Japan Graduate School of International Management; Waeda Buine School; Seoul National Univerity Graduate School of Buine. By contrat, Singapore, with a maller landma and local population ize i home to four buine chool in the Aia-Pacific rating, howing the international importance of the city-tate, both geographically and economically: INSEAD Singapore; NUS Buine School; Nanyang Buine School; Lee Kong Chian School of Buine. INSEAD - Singapore, Melbourne Buine School and NUS Buine School remain leader in term of employer reputation in the region. 21 Invetment firm value our graduate ability to ae a firm propect for financial gain, conultant value their ability to advie client 11 out of 36 buine chool are located in Autralia. Profeor John Seybolt, former dean of Melbourne Buine School, ay that thi i in part due to the country long European heritage and location, a Autralia i uniquely placed. It i a bridge between both culture, perfect for [Englih peaking] tudent eeking expoure to the emerging Aia-Pacific market in the comfort of an international Englih peaking country, he explain. Given the ize of their economie, Japan and South Korea are under-repreented by buine chool featuring in the rating, but thi may change a both economie are inveting However, the Indian Intitute of Management, Ahmedabad lead the rie in reputation of Indian buine chool, joining the top cluter of chool in econd place. The four buine chool in the top cluter have cored very well in employer opinion, with employer index core ranging from 86.3 to Thi i far above the top cluter minimum threhold of 65, uggetive of the growing tandard of buine education in the Aiapacific region. However, depite their growing prominence, mot Aia-baed buine chool have yet to appeal to employer in other region of the world.

22 Aia-Pacific 22 The top 10 chool in the Aia-Pacific region are made up of intitution in the top and econd cluter. Indian buine chool have improved in international employer opinion coniderably thi year, moving up in both the Aia-Pacific rating, and almot all of the pecialization rating later on in thi report. The chool vying for the top 10 poition remain largely the ame, with the exception of Indian Intitute of Management Calcutta, which ha jumped to the top 10 from 12th place lat year. The Indian Intitute of Management, Bangalore ha hown gradual improvement in the rating, climbing from ixth (2009), to fifth (2010) and thi year mied the top cluter by jut 2.7 point. Overall, INSEAD - Singapore i the preferred choice among employer, retaining it poition in the top pot of the Aia-Pacific rating for three year running. The chool that have hown the bigget improvement in employer opinion thi year are two Indian chool, both jumping four place up the rating: Indian Intitute of Management, Ahmedabad; Indian Intitute of Management Calcutta. Indian buine chool have improved in international employer opinion coniderably thi year A number of buine chool have gradually climbed up the rating over the pat few year, repreenting the rapid growth in global prominence of buine education in the region, though it till ha omeway to go in order to be compared with that in North America or Europe. Both Peking Univerity Beijing International MBA Program and Sydney Buine School have hown large improvement in employer reputation.

23 8. Latin America Source: QS Global 200 Buine School Report 2012 (TopMBA.com) 23 The majority of employer in Latin America are till looking to hire MBA educated at the bet international buine chool in North America and Europe, while local demand that doe exit in Latin America tend to be on a country bai with few employer recruiting acro border within the region. Few buine chool in Latin America have been ucceful in developing an international reputation, and a a reult are unable to attract a many international tudent de Chile ha climbed to the top pot, which further point toward the region developing economie. Chile trong commitment to free trade ha timulated large foreign invetment. It marketoriented policie have created ignificant opportunitie for foreign invetor to participate in the country teady economic growth. Employer are attracted to the future propect The majority of employer in Latin America are till looking to hire MBA educated at the bet international buine chool in North America and Europe a buine chool in Aia, a region which only a decade ago could more eaily be compared in term of the quality and availability of MBA education. Within the Latin American region, 10 chool have qualified for the Global 200 Buine School Report thi year. The Latin American rating have hown big change compared to lat year, repreenting the fact that the buine education market in the region i till developing in term of international employer reputation. A Chilean buine chool, Pontificia Univeridad Católica thi provide, and therefore need local buine leader to enure thoe propect become reality. Thi explain why both Chilean buine chool featured lat year have jumped ignificantly up the Latin American rating. Pontificia Univeridad Católica de Chile ha made a even-place climb from eighth place to firt and Univeridad de Chile making a ix-place jump to fourth poition. Over the lat decade, Brazil economy overtook Mexico, which at the beginning of 2000 wa the larget economy in Latin America. It i poible that Brazil will lead in oil production, which Mexico ha allowed to hrink. There

24 Latin America 24 are alo opportunitie for MBA to lead in the etting up for the 2014 FIFA World Cup and 2016 Olympic in Brazil. Finally, the country boat the 10th richet city in the world, and a global financial hub for Latin America in Sao Paulo. Thi explain why the two Brazilian buine chool, both baed in Sao Paulo have climbed up the rating. Buine School Sao Paulo (BSP) ha hown conitent improvement, moving up the Latin American rating year-on-year. It climbed from fifth place in 2009, third in 2010, to econd place in Armando Dal Colletto, dean of BSP ay Brazil growing economy i one of many attraction for employer: BSP MBA program include thorough analyi of the current reveal a 100% increae in employer demand for MBA within Mexico. Furthermore, the North American Free-Trade Agreement (NAFTA) mean Mexican buinee have extremely favorable trade agreement with thoe in North America. Lat year the country completed US$400 billion worth of tranaction with the United State, third behind Canada and China. Thi could ee Mexican buine chool moving up the rating in the near future a multinational corporation baed outide Mexico look to recruit local talent in order to improve corporate tie within the country. INCAE Buine School remain the only Cota Rican buine chool featuring in the QS Global 200 Buine School Report, which i in itelf no The world i turning it eye to the emergent countrie [in Latin America] uch a Brazil becaue of it trong and olid economic growth buine environment and it trend. Thi i important a the world i turning it eye to the emergent countrie [in Latin America] uch a Brazil becaue of it trong and olid economic growth, and cultural imilaritie and affinitie to Europe and North America. The three Mexican buine chool featuring in the rating: EGADE-Tecnologico de Monterrey at Campu Monterrey; Intituto Tecnologico Autonomo de Mexico (ITAM); and IPADE Buine School, Univeridad Panamericana, have all dropped. Thi may be due to employer favoring buine chool in Chile and Brazil due to how they are performing economically. However, Mexico economy ha good potential. The latet QS Job and Salary Trend Report mall feat conidering the ize of the country economy and population. It ha featured in the Latin American rating ince Dr Arturo Condo, INCAE preident ay it prominence in the rating i due to the program focu on emergent economie: INCAE definitely excel in preparing our graduate to be agent of change in Latin America. He continue: Beyond the traditional MBA coure, the INCAE program addree and prepare graduate for the unique challenge in Latin American and many other developing countrie, including a long hitory of corruption both in the public ector and private ector, extreme level of poverty, and little conideration for the environmental impact of deciion.

25 9. Middle Eat and Africa Source: QS Global 200 Buine School Report 2012 (TopMBA.com) 25 The buine chool in thi year rating for the Africa and Middle Eat region have all featured in previou year. Three out of five of the chool are located in South Africa. There are many more buine chool acro the African continent, but management education i till in it infancy and it will take many year before thee chool achieve real prominence on the international tage. A a reult of the ongoing civil unret in the Middle Eat and North Africa region, and the political development that are following ma protet a part of the Arab Spring upriing, it could well be the cae that in the future intitution in the region may become more prominent to international employer, a the eae of doing buine within ome countrie improve. However, if thi doe happen, it i not likely to be in the immediate future, a the countrie experiencing thee protet will firt be focued on overcoming the primary caue of the upriing themelve. In general term, buine education in the Middle Eat i in the very early tage of development. However, with the region looking to diverify it economy away from a trong reliance on the extraction and trade of natural reource, countrie uch a the United Arab Emirate and Qatar are inveting in attracting management education provider from abroad to help train local buine leader and futureproof their economie. The Dubai Knowledge Village, etablihed in 2003 ha attracted many international buine chool to et up campue within the purpoe built education facility. Initiative uch a thee are relatively new venture in the region and provide parttime, online or rotational program. London Buine School for example ha a campu in Abu Dhabi. However, none of thee intitution appear in the QS Global 200 Buine School Report in their own right, a they do not produce dedicated full-time MBA erving employer in the region, and o are not included in the reearch. Employer are turning to ome of the long etablihed univerity-baed buine chool in the region. The two chool vying for the top pot in thi region are the long-etablihed Univerity of Cape Town Graduate School of Buine, founded in the 1960 and the American Univerity Cairo, etablihed in Other South African buine chool feature prominently year-on-year, including Stellenboch and Witwaterrand. The Univerity of Stellenboch Buine School and Suliman S Olayan School of Buine at the American Univerity of Beirut have both hown year-on-year improvement. After holding fifth place for two year, the Univerity of Stellenboch Buine School ha climbed to third place. Suliman S Olayan School of Buine, which entered the African and Middle Eatern rating in 2010 in eventh place, ha moved to fourth thi year.

26 8. Corporate ocial reponibility 26 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

27 Corporate ocial reponibility The role of corporate ocial reponibility (CSR) on MBA program i rapidly evolving a a reult of the economic difficultie over the pat five year. not focu a heavily on individual pot-mba alarie the cale of the world challenge are imply too big for focuing o heavily on individual ucce. After the global receion at the end of the lat decade, ome, rightly or wrongly, placed blame at the door of buine chool for failing to ingrain the importance of CSR value on their alumni. Further, protet around the world againt the perceived greed fotered in ome indutrie how a global population becoming increaingly frutrated with a lack of conideration of CSR in buine. Will McDonald, European director of academic program at Thunderbird School of Management explain the value of CSR to buine: The game ha changed it i eential that all manager conider full takeholder value over the longterm. Cutomer eek it, communitie in which Here, the Global 200 Buine School Report CSR rating how a dominance of chool in North America and Europe excelling, through the eye of MBA employer, in producing graduate that take into account apect of CSR in their day-to-day buine operation. However, buine chool in the Aia Pacific region are howing ignificant promie, with eight appearing in thi year rating. Four of thee are located in India, enuring that future buine leader in the country rapidly evolving economy are encouraged to conider the impact of the deciion they make on the wider community, at home and further afield. Buine chool that have impreed employer 27 Even the buine chool ranking will eventually alo have to change, to put more weight in meauring the global impact of a chool or program we operate init on it, and your client, buine partner and even employee will hold you accountable for making a poitive contribution. With uch importance being placed on how companie and organization add to the world they exit in, there i a trong argument for general MBA ranking to incorporate meaurement of CSR into their methodology. Our chool preident, Dr Angel Cabrera, often challenge the indutry, aying that even the buine chool ranking will eventually alo have to change, to put more weight in meauring the global impact of a chool or program, and in the teaching of CSR value to their MBA, and therefore made coniderable improvement in thi year rating include: Michael G Foter School of Buine; Thunderbird School of Global Management; John Hopkin Carey Buine School; Indian School of Buine; Indian Intitute of Management; Lancater Univerity Management School. Though CSR i fundamentally about the way that corporation addre their reponibility to the communitie that they are a part of, it i alo the cae that from a profitability tance, MBA graduate who are able to bring in element of CSR into their buine practice are valuable.

28 Corporate ocial reponibility 28 Sherryl Kuhlman, managing director at The Wharton School program for ocial impact explain that, Far from being a drain on the bottom line, corporate ocial reponibility can increae profitability by playing a vital role in both rik management and innovation. Wharton reearch, for intance, demontrate that initial invetment in developing good relationhip with takeholder can have a ignificant financial payoff by preventing protet, work toppage, and employee turnover. And many corporation find that ocial impact iue uch a upply chain analyi, partnerhip with ocial enterprie, and bottom of the pyramid approache can erve a true driver for innovation. William Kooer, aociate dean for tudent at the John Hopkin Carey Buine School, which climbed an impreive 23 place in thi year CSR rating agree. He explain that Buine leader are increaingly aware of the Buine leader are increaingly aware of the role that their organization play in addreing many of the world major iue, uch a health care, the environment, energy, and economic development role that their organization play in addreing many of the world major iue, uch a health care, the environment, energy, and economic development. Buine will ultimately drive ucce in thee area, and thoe leader who undertand thee iue and can develop appropriate ervice and product to addre them will not only create ucceful organization, but will alo help build a better world. Knowledge and awarene of CSR are critical to ucce.

29 9. Entrepreneurhip 29 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

30 Entrepreneurhip 30 While eemingly paradoxical, MBA employer are increaingly placing an emphai on the entrepreneurial talent of their new hire. Though traditionally an area where a buine chool graduate might aim to tart up their own enterprie, employer value the talent of graduate who can, in tough economic time, develop freh ource of revenue, while the graduate themelve find greater ecurity in teting their entrepreneurial idea with the financial backing of their employer. Interetingly, large employer were once reluctant to hire MBA with ignificant entrepreneurhip courework for fear that the new hire wa only paing time before tarting hi or her own buine, explain Dr Brian S Anderon, aitant profeor of entrepreneurhip at the Richard Ivey School job and growth. Not urpriing therefore that entrepreneurhip ha a higher profile in buine chool. Thi i one of the reaon that the QS Global 200 Buine School Report entrepreneurhip rating diplay uch a divere group of parent nation, with 14 different countrie providing home to the top 50 buine chool. Thi year rating ee Indian buine chool performing particularly well, with the two Indian Intitute of Management in Ahmedabad and Bangalore, a well a the Indian School of Buine and S P Jain Intitute of Management and Reearch improving their reputation among MBA employer coniderably. Thi tallie with reearch by Ernt and Young, Entrepreneur peak out: a call for action to G20 government While eemingly paradoxical, MBA employer are increaingly placing an emphai on the entrepreneurial talent of their new hire of Buine. A large firm come to recognize that puruing innovation and entrepreneurialcentric trategie pay off in term of better performance - omething that reearch ha hown repeatedly - thoe firm are eeing more value in MBA that have knowledge of, and experience with entrepreneurhip topic. However, with a gloomy economic outlook for much of the world, it not jut buinee that are placing their faith in MBA entrepreneur, a Séan Rickard, director of the full-time MBA program ( ) at Cranfield School of Management explain: Government have come to the view rightly or wrongly that their influence on their economie i greatly weakened in a globalizing world and now put great emphai on buine tart up and entrepreneurhip to generate which found India to poe the greatet entrepreneurial culture among the G20 nation. However, a in many of the other pecialization rating, buine chool baed in Europe and North America dominate. It i in thee region that MBA program contantly evolve in order to uit the growing need of ociety for entrepreneurial talent. Buine chool howing notable improvement in thi year entrepreneurhip rating include: Indian Intitute of Management, Ahmedabad; Thunderbird School of Global Management; Indian Intitute of Management, Bangalore; IMD; Michael G Foter School of Buine; Indian School of Buine; Joeph L Rotman School of Management; S P Jain Intitute of Management and Reearch;

31 Entrepreneurhip Boton Univerity School of Management. Dr Anderon continue: I think the entrepreneurhip field in cholarly circle i becoming far more accepted a a legitimate coure of tudy, faculty hiring in the area i up, and more reource are being pent in developing very high-quality, experiential learning program for tudent. One buine chool that ha conitently rated highly for entrepreneurhip i The Wharton School at the Univerity of Pennylvania. Wharton wa the firt buine chool to develop a fully integrated curriculum of entrepreneurial tudie and continue to emphaize entrepreneurhip acro all dicipline, ay Emily Gohn Cieri, managing director of The Wharton School entrepreneurial program. We teach tudent how to acquire an The entrepreneurhip field in cholarly circle i becoming far more accepted a a legitimate coure of tudy, entrepreneurial mindet o they learn to adapt rapidly, throughout the venturing proce, to new ituation while avoiding fatal flaw and trap. 31

32 10. Finance 32 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

33 Finance A long-tanding favorite pecialit area for many MBA graduate, finance ha taken a hit in popularity amongt applicant in recent year, following the global financial crii. However, a buine chool continue to react to the ongoing financial event around the world, altering their program to incorporate the leon that need to be learnt from uch economically gamechanging event, employer continue to value the modern approach of MBA graduate to finance. At The Wharton School at the Univerity of Pennylvania, which over the year ha conitently been rated top in fotering a financial prowe among their MBA, evolution of their curricula i important. required leader with an in-depth financial know-how, but a the global economy evolve thi need i growing more than ever. Financial companie offer unique challenge to their leader and enior manager, particularly on ubject a varied a leaderhip, trut iue and regulatory framework change, explain Profeor Steve Thoma, executive MBA coure director and profeor of finance at Ca Buine School, City Univerity London. Recent global development offer unuual and ubtantial challenge to manager in thi ector. Anyone planning to run a buine with thee additional iue preent need to enure they are knowledgeable and comfortable with a very wide range of management and profeional kill. 33 Change ha occurred both organically, a in the MBA curriculum review we jut completed, and reactively, in repone to the financial crii Change ha occurred both organically, a in the MBA curriculum review we jut completed, and reactively, in repone to the financial crii, explain Michael Gibbon, deputy dean at Wharton. Thee change extend to all academicrelated work uch a coure, reearch, eminar, and conference. In the claroom, Wharton continue to offer an innovative curriculum that reflect it expertie in finance. Student are provided with knowledge that i in-depth but broad enough to be reponive to the vagarie of the market. In the pot-crii financial ytem, it i apparent that buine leader need to undertand government better given increaed regulation in the financial ector. When looking into pecialit area taught on MBA program, it hould alway be made clear that the MBA qualification ha traditionally been een a a general management degree, and only recently have pecialit program dedicated to the finance profeion developed. A mot buine chool offer numerou finance focued option, propective tudent need to look carefully when trying to differentiate between program. One effective way i through aeing the trength of the chool career ervice link within the financial indutry around the world. The Stern School at New York Univerity, for example, regularly attract Wall Street recruiter to campu. However, it not purely the financial ervice ector that employ MBA graduate and alumni who are well-vered in all that i finance. Organization outide of the ector have alway Ca Buine School in London ha very trong link with financial ervice MBA employer in the City of London, and conequently appear trongly in the finance pecialization rating. In

34 Finance 34 the ame way, the European Buine School (EBS), baed jut outide the German financial capital of Frankfurt, returned the highet number of vote of chool in the country. In Aia, the National Univerity of Singapore Buine School (NUS) returned highet. Other buine chool that have hown big improvement in how employer value their MBA graduate financial abilitie include: IE Buine School; Indian Intitute of Management, Bangalore; IMD; Indian School of Buine; S P Jain Intitute of Management and Reearch; Lancater Univerity Management School; S C Johnon Graduate School of Management; Cox School of Buine; Nanyang Buine School. Depite many MBA program reporting an increae in diverity of working background in their cla, the financial ervice indutry till provide the larget amount of candidate to purue the qualification acro the world. Many tudent are looking to further their place in the indutry and have pecific goal, o look to an MBA to help them achieve career progreion. For thi reaon, many chool offer a large range of finance-pecific coure, both a part of their core curriculum and a optional elective. The Univerity of Chicago Booth School of Buine i well known for it quantitative and analytical finance focu, and traditionally place around 75% of their graduate in finance and conulting job. The opening of their executive MBA campue in the financial centre of London and Singapore ha alo helped increae their perception among global financial ervice employer. MBA candidate may alo be looking to move into the financial ector from other indutrie. With job in the ector in great demand, chool The financial ervice indutry till provide the larget amount of candidate to purue the qualification acro the world that have etablihed internhip link with uch finance firm can particularly help candidate looking to witch indutrie. The Wharton School for example, traditionally place many of it tudent in Wall Street firm for internhip at the end of their firt year.

35 11. Information management 35 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

36 Information management 36 The fat-growing global importance of information management to the buine world ha created an increae in the demand for MBA graduate with technical kill over the pat decade. Of particular note i the fat-paced growth in technology, pecifically new platform uch a ocial networking formed on the back of the rapid integration of the online domain into everyday life. Thi hift ha alo een growth in the number of propective MBA candidate with IT and engineering background who look to build on their technical kill, intead of looking to witch to the traditionally popular MBA indutrie uch a finance, general management or conulting. Importance ha now been placed on combining world cla management kill with already etablihed technical expertie. Buine chool excelling in the field have looked to reflect thi demand from tudent and MBA employer within their MBA curricula, with growth in the number of MBA program pecifically deigned for technical tudent. Specialization like information and technology management, for example, ytem integration, back office, and knowledge management tudent hould conider the percentage of the current cla who have imilar technical background, and more importantly the percentage of recent graduate who have graduated to role imilar to that which they eek themelve. If it i a technical management role that i being ought, then graduating cla data will reflect how competent a chool i at providing thi opportunity. The main employer who recruit at a chool, and the pecific role for which they recruit, will alo give an indication of the chool ability to attract technically-focued recruiter. MIT, Harvard and Wharton all appear trongly at the head of the information management rating. MIT ha long been een a a leader in thi field, combining world-cla technical reearch with international management and trategy expertie. The Wharton MBA offer an operation and information management major, allowing tudent experienced in their indutry to focu the effort of their tudy to enhance technical-baed management kill. Stanford Graduate School of Buine alo feature among the top performer in the information management rating, with good The fat-growing global importance of information management to the buine world ha created an increae in the demand for MBA graduate with technical kill are an attraction for engineer, keen to make the tranition from a technical pecialit to a technical manager. Although the traditional view of the MBA curriculum focue on general management, many large and pecialit buine chool offer elective for MBA to pecialize in information and technology management. When comparing MBA program, propective link to many of the world top technology companie baed in and around the urrounding area of San Francico Bay. Other chool from North America who appear trongly include the Tepper School at Carnegie Mellon Univerity, and the Georgetown McDonough School of Buine, who offer multiple operation and information management elective coure. In Europe, INSEAD, London Buine School, IMD, and IE Buine School appear a the top

37 Information management Buine chool that have made coniderable gain in employer reputation for their teaching of information management rated chool through the eye of employer. INSEAD boat world-cla faculty in the field of information management, found at the technology and operation management area within the chool. IE and HEC imilarly both have world-cla faculty in thi topic, publihing numerou reearch paper covering development in information management. Buine chool that have made coniderable gain in employer reputation for their teaching of information management to MBA tudent include: IESE Buine School; ESADE Buine School; Thunderbird School of Global Management; SDA Bocconi School of Management; Joeph L Rotman School of Management; Darden School of Buine. There are more Aian-baed chool featured in the information management report than are found in many other pecialization. The Indian Intitute of Management in Ahmedabad appear highet, followed by other technicallyrenowned chool uch a Melbourne Buine School, the Univerity of Technology, Sydney, and the Univerity of Hong Kong. NUS Buine School in Singapore and the Indian Intitute of Management in Bangalore alo feature trongly. 37

38 12. Innovation 38 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

39 Innovation Innovation ha long been both the caue and effect of development in MBA curricula taught at the world highet repected buine chool. With the torie of many famou buine leader beginning through innovation of new or current procee and technology, chool undertand the importance of developing the ability to form innovative idea and implementing them in the future buine world. Many faculty member at top buine chool ee the practical application of their teaching and reearch, particularly by the graduate who pa through their MBA program, a their contribution toward the development of longterm buine method and procedure. School try to offer their upport in creating a working environment to bet foter management innovation in their tudent. Sherring Ng, head of marketing and admiion of HKUST Buine School MBA program tree the importance of innovation in order to foter utainable growth in buine: Innovation help to improve productivity, add value to the exiting ervice or product or improve efficiency of buine operation. a pecialization in innovation, a buine chool ha to be upportive to new idea; it hould build up a poitive atmophere that encourage people to expre their own opinion and to take rik. Communication channel and occaion that allow collection of new idea and experimentation will facilitate the innovation proce. When conidering MBA program that will help encourage innovation in management, there are a number of factor to conider. One important conideration i the opportunity to interact with cla mate to help build perpective and hape buine idea, and conequently importance i placed on diverity figure of the current MBA cla. If the level of interaction between MBA tudent i high, then it make ene that the more divere the cla, then the more opportunity there i to learn from tudent with different working and cultural background or perpective. Further linked to thi concept of creating an innovative working environment i the way in which the cla i taught. A program that offer 39 Employer value innovation becaue employee with thi competence are likely to help the companie to create new product, procee, or ervice Employer value innovation becaue employee with thi competence are likely to help the companie to create new product, procee, or ervice which will meet the ever-changing demand in the market and utain buine growth. Ng continue, explaining what innovation at MBA level involve: A pecialization in innovation entail creativity, imagination and open-mindedne to new idea. To facilitate a large amount of group work and opportunitie to work on cae tudie may find that innovation i more prevalent. School that teach with a cae tudy method, uch a Harvard Buine School, Richard Ivey School of Buine, The Darden School of Buine at the Univerity of Virginia and IESE Buine School, offer their MBA tudent the chance to interact with clamate on real buine cae, often inviting buine leader to facilitate the learning proce.

40 Innovation 40 In North America, MIT: Sloan, Stanford GSB, Harvard, Wharton return the highet number of employer vote. They are cloely followed by Kellogg School of Management and NYU Stern who alo make the top ten. Each of thee chool hold etablihed record at developing high-profile innovative buine leader acro indutrie, often achieved through differing method. Harvard cae tudy method allow tudent to ae and analyze real life cenario, before engaging in cla dicuion. Proving the intitution commitment to innovation, The In Aia, Indian buine chool are again howing their rapid development a Management Innovation Lab following reearch into ource of competitive advantage, and work with companie to experiment and innovate around their management practice. In Aia, Indian buine chool are again howing their rapid development, with the two Indian Intitute of Management in Ahmedabad and Bangalore entering the top 15. The Indian School of Buine and the Indian Intitute of Management in Calcutta alo how good progre in the eye of employer eeking MBA graduate vered in innovation. Elewhere in the Aia-Pacific region, HKUST Buine School, the Univerity of Hong Kong and Melbourne Buine School are wellrepected by MBA employer and recruiter. Wharton School appointed Karl Ulrich to the new role of vice dean for innovation in Hi reponibilitie include identifying and developing the mot high-potential project that emerge from the chool. In Europe, INSEAD, London Buine School (LBS) and IE return the highet number of vote. London Buine School (LBS) created Other buine chool that have gained ignificantly in employer opinion for innovation include: Univerity of Chicago Booth School of Buine; SDA Bocconi School of Management; Thunderbird School of Global Management; IPADE Buine School; Joeph L Rotman School of Management; The Fuqua School of Buine.

41 13. International management 41 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

42 International management 42 MBA education evolve with the changing need of a competitive economic environment, and over the pat decade, international management and the need to undertand management within a global context ha grown ignificantly in importance. Top buine chool have een the neceity of creating international MBA claroom environment that reflect the ever increaing international working environment. A number of leading buine chool have deigned their curricula to focu on international management, while other chool have launched pecialized deire to gain global expoure and work within a divere and international team. Often they have international work experience and look to both tudy and work in a different country to their own. The internationalization of buine demand a ound working knowledge of the principle of international finance and the operation of international financial market, Croby highlight. Employer who reponded to the latet TopMBA.com Job and Salary Trend Report trongly agreed that creening for language kill i an important part of the hiring proce. Employer value innovation becaue employee with thi competence are likely to help the companie to create new product, procee, or ervice MBA program in thi area. Mark Croby aociate profeor of economic and aociate dean at Melbourne Buine School ay that international management i increaingly becoming an integrative part of the curriculum a oppoed to a tandalone concentration featured in MBA program of the pat. Undertanding the vital role that international trade play in the world economy and the reulting implication for buine i a key objective for an MBA tudent. Accommodating globalization, dealing with the world financial crii, and achieving utainable development are among the major challenge facing the world economy. The international trading ytem for example, i central to uccefully addreing thee and other global challenge, he add. Many tudent who purue a pecialization in international management are driven by the The ame employer alo conider inter-cultural communication kill to be of ignificant worth, unurpriing therefore that 14 European chool feature in the rating. With it divere mix of home nationalitie, cloe international tie, and a trong global perception of MBA education, European buine chool prove extremely attractive to international applicant, tranlating to internationally divere clae. The international make up of the European buine chool full-time MBA program that feature in the top 10 are impreive: INSEAD, France: 90% international tudent; London Buine School: 90% international tudent; IE Buine: 89% international tudent; SDA Bocconi: 67% international tudent. US buine chool alo do very well in thi rating ix US buine chool take up poition in the top 10, and overall 24 US buine chool

43 International management are featured in the international management pecialization rating. Thoe vying for the top 10 pot are chool that are globally renowned and have a long-etablihed reputation, particularly in developing graduate with olid global buine credential. A a reult, graduate from their program are particularly attractive to employer. For example, Harvard Buine School ha featured in the top five in thi rating for two year running, mot likely due to it reputable global initiative framework developed in The initiative build on global engagement and encourage a global outlook in reearch, tudy, and practice. The Wharton School ha alo featured in the top five for the lat two year. The chool Buine chool that have made coniderable gain in employer reputation for their teaching of information management encourage a cro-cultural approach to buine and provide advanced-level language training. Student are encouraged to integrate their learning acro diciplinary, linguitic, and regional boundarie. At Stanford Univerity Graduate School of Buine, tudent have the opportunity to develop international management kill by tudying abroad in vatly different countrie, uch a France, India, and Japan. School rated highly in the international management rating tend to have multiple campue acro the world. INSEAD MBA for intance run in a dual campu format, where tudent are able to tudy at either of their campue in Singapore or France; while Thunderbird School of Global Management ha location in Switzerland, China, Ruia, and Mexico, in addition to it main campu in the US. By contrat, buine chool baed outide of North America and Europe do not perform a well in the international management rating. Thi i mainly due to the huge interet in MBA program amongt local applicant from countrie in Aia, Latin America, and Africa and the Middle Eat. In turn, thi make it difficult for chool to attract international applicant, a thoe applicant become concerned that after graduation they might have difficulty finding employment outide of the country or region that they tudied their MBA in. A a reult, many MBA tudent attending local MBA program in thee region do not receive a much international expoure a their counterpart in Europe and North America, and o are le experienced in management at an international level. 43

44 14. Leaderhip 44 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

45 Leaderhip Depite the ongoing academic debate about the ability to teach or imply nurture leaderhip kill, many chool have adopted leaderhip development a a primary thrut of their MBA program. However, buine chool have come under particular crutiny in the pat few year due to the number of buine leader preiding over failed organization, ome of which uffered prominent media peculation on their organization contribution to the global financial crii. Many chool have made a conciou effort to addre and undertand thee iue, and conequently have worked at redeigning and redeveloping their curriculum to reflect the type of tudent and graduate that they would like to ee moving through their program in the future. David Bach, dean of program at IE Buine School ay, Student hould embrace the crii a an extraordinary opportunity. Crie make He highlight: To build and utain a high performing organization, a leader mut not only point hi or her people in the right direction. Rather, a leader mut alo have viion and the ability to connect with and continually nurture a network of relationhip with other companie, organization and people. Once again, buine chool in the US and Europe feature prominently in thi rating, with 22 US and 17 European chool included. Thi i reflective of the ucce of buinee in the US and Europe, with Fortune magazine 2011 Global 500 ranking of the world bigget companie liting 133 US and jut over 160 European buinee. For two year running, Harvard Buine School take the top pot in the leaderhip rating. Thi doe not come a a urprie a hitorically, the chool ha produced more chief executive officer featured in the Fortune 500 companie than any other buine chool. 45 Student hould embrace the crii a an extraordinary opportunity. Crie make leader. Anybody can ucceed when thing are eay. But real leaderhip i required when thing get tough leader. Anybody can ucceed when thing are eay. But real leaderhip i required when thing get tough. Richard Ivey School of Buine and executive director of the Ian O Ihnatowycz Intitute for Leaderhip add: Crie often emerge in an intant and are uually unexpected. There are no fat and eay anwer, no imple rule to guide action, and no pat olution to the myriad of evolving iue that face organization on a daily bai. In thi vibrant and volatile environment, the need for effective leaderhip ha never been greater. Other top chool are adopting innovative approache. The Wharton School for example provide leaderhip development training at a military academy in Quantico, Virginia a an optional part of it program, while other North American chool uch a the Tuck School of Buine have deigned program that are tailored to each MBA tudent. At Tuck the curriculum i deigned a uch that MBA tudent can develop their leaderhip kill over two year, and each tudent ha a peronal leaderhip plan. The Richard Ivey

46 Leaderhip 46 School of Buine ha alo tailored it program to appeal to MBA tudent keen to develop their leaderhip kill. UK buine chool account for the majority of European buine chool featured in thi rating. Thee include: London Buine School; Saïd Buine School; Lancater Univerity Management School; Cranfield School of Management; Ahridge Buine School; Henley Buine School; Judge Buine School; Warwick Buine School. INSEAD and London Buine School have a longtanding reputation for leaderhip development on their MBA program. Both offer very different approache; however they alo have imilaritie in that both chool have widened and developed their executive education curriculum, allowing their MBA tudent to benefit from interaction with enior buine leader. Other European chool featured in the rating include Spanih chool IE and IESE, a well a IMD in Switzerland. Like Tuck, IMD ha a very good global reputation for it ability to develop individual leaderhip kill in it mall cla of MBA tudent. Buine chool located in emergent BRIC countrie (Brazil, Ruia, India and China) do not feature prominently in the rating, compared to their North American and European counterpart. Of the four countrie, India ha the mot chool: Indian Intitute of Management, Ahmedabad; Indian Intitute of Management, Bangalore; Indian Buine School; Indian Intitute of Management Calcutta. China ha one buine chool in the leaderhip rating, CEIBS, while buine chool baed in Ruia and Brazil do not currently feature. A buine education in thee countrie i till developing, employer continue to favor graduate from buine chool in the longtanding market of the US and Europe. However, a chool in the BRIC countrie continue to develop their buine education offering, it i likely that international employer will look more to thee chool chool in the BRIC countrie continue to develop their buine education offering, it i likely that international employer will look more to thee chool in order to hire leader that are capable of pearheading the growth and development that their organization will need in order to operate in the global economie of the future.

47 15. Marketing 47 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

48 Marketing 48 The fat paced technological evolution over the pat few decade ha changed the hape of marketing for ever, heightening it importance in the buine world. In order to meet thee demand, many buine chool have emphaized the nurturing marketing kill in their curricula. In particular, the growth of the internet, online ocial media platform, and the collation of databae containing detailed cutomer profile, ha heightened the value and ophitication of marketing tool for achieving competitive advantage. The latet QS TopMBA.com Job and Salary Trend Report how that the majority of employer acro the world find marketing kill among MBA graduate important, and over the pat few year buine chool are building on thi competitive advantage through offering their tudent an increae in the amount and variety of marketing focued coure and elective a part of their MBA program. Many of the top buine chool in marketing are renowned not only for producing worldcla MBA graduate in the field, but alo for their trong marketing faculty and reearch. Many widely-available marketing journal publih work from the top buine chool featured in the rating. The Kellogg School of Management ha retained the top pot for the lat two year. The chool reearch output delivered by it world cla faculty can be found in the top buine marketing journal, and the chool continue to be among the mot ought after for MBA graduate with an expertie in the field of marketing. Two other US buine chool, Wharton and Harvard, a well a Kellogg all cored 100 in the employer index. The chool are well known for their publihed marketing reearch, a well a their analytical tool. The fat paced technological evolution over the pat few decade ha changed the hape of marketing for ever, heightening it importance in the buine world Nitin Pangarkar, aociate profeor and academic director of the MBA program at NUS Buine School explain that marketing i a hugely important apect of buine management. Student taking an elective in marketing tudy a range of dicipline, ay Pangarkar: Student puruing the marketing pecialization take coure addreing apect uch a conumer behavior, marketing reearch, channel management and pricing, plu product and brand management. Through thee coure, tudent come to acquire an in-depth undertanding of claic concept a well a new idea in marketing. Student alo acquire inight into the practice of thee idea. In Europe, marketing expertie i dipered acro many countrie. The Judge Buine School at Cambridge Univerity i once again the European chool mot highly rated by employer in the field of marketing, alo coring 100 in the employer index vote. SDA Bocconi and the Univerity of Oxford continue to be held in high regard for their marketing elective among employer, both featuring in the top 20. Spanih chool are alo well thought of among MBA employer eeking MBA graduate with a prowe in marketing. Of the three Spanih buine chool in the rating, IE Buine School i rated the highet, followed by IESE and ESADE.

49 Marketing Nine buine chool in the Aia-Pacific region feature in the marketing rating. Of them, NUS Buine School in Singapore received the experience in marketing iue in companie. The nine chool from the Aia-Pacific region featuring in the marketing pecialization rating include: Student come to acquire an in-depth undertanding of claic concept a well a new idea in marketing highet rating, and i the only buine chool from Aia-Pacific region to come in among the top 20. Pangarkar explain that the chool boat everal faculty member who have authored book on marketing in the Aian context. We alo have practitioner who have coniderable NUS Buine School; Melbourne Buine School; Indian Intitute of Management, Ahmedabad; The Univerity of Hong Kong Faculty of Buine and Economic; Indian Intitute of Management, Bangalore; S P Jain Intitute of Management and Reearch; UQ Buine School; The Chinee Univerity of Hong Kong; Nanyang buine School. 49

50 16. Operation management 50 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

51 Operation management An MBA pecialization in operation management look at the underlying concept of the production and operation function of an organization, and are generally divided into two area the tudy of ervice operation, and manufacturing or production operation. Thi may encompa tudy in the following area: deign-related activitie that form the function of a particular operation; the planning and control activitie neceary to run the operation; and/or improving the way a particular operation perform it function. Operation management i often an attractive pecialization for MBA tudent intereted in following management career in engineering, manufacturing, and logitic. Profeor Miguel Angel Hera, director of ESADE department of operation management and innovation explain that career in thi field can be broken down to imple key procee that are vital to many organization. with 15 buine chool featuring in the rating. Again, thi i reflective of the advancement of buine in the developed market of the US and Europe. By contrat, the emerging market of Aia, Latin America, Africa and the Middle Eat feature fewer buine chool. Of the three region, Aia-Pacific ha the mot, with ix buine chool featuring in the rating. Once again, Indian buine chool are particularly prominent, with four highlighted: Indian Intitute of Management, Ahmedabad; Indian School of Buine; Indian Intitute of Management, Bangalore; S P Jain Intitute of Management and Reearch. NUS Buine School at National Univerity of Singapore and Melbourne Buine School make up the other two buine chool from the Aia-Pacific region. 51 Thee procee are made up of interrelated, equential activitie through which the component and actor required (raw material, labor, capital, information, the client, and uch) are tranformed into product. The key i the value added through the proce a perceived by the cutomer, i.e. the end product ha a greater value than the element pre-proce. Nitin Pangarkar, aociate profeor and academic director of the MBA program at NUS Buine School add that buine management kill in operation management will be vital for ome employer. Some firm might have trategie built around pecific trength. For intance, operation are one of Walmart greatet trength and, clearly, they would like to employ manager who have a good undertanding of key iue in that area. The US appear to be leading the way in operation management. Compared with other region, there are higher number of US buine chool in thi rating, with 27 featuring. Europe doe comparatively well In Europe, UK buine chool once again lead the way in operation management with a total of ix out of 15 European buine chool ituated in the UK: London Buine School; Cranfield School of Management; Warwick Buine School; Mancheter Buine School; Judge Buine School; Saïd Buine School. INSEAD, France i the highet rated European buine chool and ha done conitently well, holding it poition in fifth place for two year running. Judge Buine School and IE Buine School have hown the mot improvement, moving up even and ix place repectively. For two year in a row, MIT: Sloan ha retained the title a the top MBA program pecializing in operation management, according to employer. Three other US buine chool, Harvard, Wharton, and Stanford feature prominently, and in line with MIT cored 100 in the employer index core.

52 17. Strategy 52 Source: QS Global 200 Buine School Report 2012 (TopMBA.com)

53 Strategy A the rating that make up the QS Global 200 Buine School Report are baed on MBA recruiter opinion of MBA graduate abilitie in trategy, MBA program that include element of trategy, a well a thoe that pecialize in it are included in the rating. Buine chool that emphaize trategy a part of their tandard program, and MBA program pecifically pecializing in trategy can place ucceful alumni in career focuing on new commercial avenue, a well a modernizing the management of exiting buine tructure. Lydia Price i aociate dean and MBA director at CEIBS, which ha featured prominently in the trategy rating for two year running. She explain that an MBA pecialization in trategy will equip a graduate with the required kill to proper in a career in buine management: Key leon would include: indutry and environmental analyi, internal analyi and competitive advantage, organizational tructure, deign and alignment, market evolution and dynamic; in addition to many pecialized topic for pecific indutrie, world region or tage of market development. Strategy draw upon all of the buine and market fundamental, o it i important that a pecialized trategy curriculum alo include a olid grounding in topic uch a economic, accounting, finance, marketing, organization, and operation. She ay that in today competitive market place, trategy i a critical management reource. A trategy pecialization train tudent to ee the enterprie a a whole, and to undertand how and why a manager can make a difference to the performance of the entire firm. Strategy help to align the company activitie to enure long-term ucce. It alo take a holitic view of the organization and it indutry in making deciion. MBA with a olid grounding in trategy will be valued for their ability to drive the buine forward and to take the firm into new direction. Buine chool in North America, Europe and Aia- Pacific feature prominently in the rating. There are 21 buine chool from North America, 17 from Europe and 11 from the Aia-Pacific region. Due to the innovative nature of trategy in buine chool teaching, buine guru have a big influence on the perceived excellence of intitution. Harvard Buine School continue to hold the top pot in the rating. It trategy unit, faculty and reearch department put it in a favorable light among employer who are looking to recruit MBA with a trong focu in trategy. The Wharton School, Stanford Univerity Graduate School of Buine, and The Kellogg School of Management are the three US buine chool that join Harvard in coring 100 in the employer index vote. All four chool have a trong preence in the teaching of trategy, with many of their profeor authoring book on trategy, or writing thought provoking analyi for world renowned academic journal. European buine chool are conidered by employer to perform very well in arming their MBA graduate with an in-depth knowledge of buine trategy. Six European chool appear in the top 20: INSEAD, France; London Buine School; IMD; IE Buine School; IESE Buine School; HEC Pari. Once again in the Aia-Pacific region, India appear to be leading the way in the trategy pecialization. Of the 11 buine chool in the Aia-Pacific region featured in the rating, four are located in India: Indian Intitute of Management, Ahmedabad; Indian School of Buine; Indian Intitute of Management Bangalore; S P Jain Intitute of Management and Reearch. 53

54 18. Concluion Region Average GMAT >=700 >5 year work experience >40% international tudent >40% female tudent >200 cla ize Aia-Pacific 2% (2%) 9% (10%) 10% (10%) 3% (3%) 3% (3%) Europe North America 1% (1%) 6% (8%) 18% (21%) 3% (4%) 31% (32%) 8% (11%) 8% (9%) 5% (9%) 3% (3%) 13% (13%) 54 Latin America 0% (0%) 2% (1%) 2% (2%) 1% (1%) 0% (0%) Africa & Middle Eat 0% (0%) 1% (1%) 0% (2%) 1% (1%) 0% (0%) Worldwide 9% 33% 51% 18% 19% Source: QS Global 200 Buine School Report 2012 (TopMBA.com) MBA claroom and graduate tatitic Throughout the QS Global 200 Buine School Report 2012 regional rating, for added readervalue, upporting data for many of the full-time MBA program that are featured i included. While thi data doe not directly affect a buine chool placing in any of the rating, it can be very ueful in portraying the ignificance of apect uch a gender diverity, and the average work experience of a buine chool MBA intake. In term of the average GMAT core that a chool intake poee, there i a clear correlation with the employer index core, a chool appearing in the top cluter generally have higher average GMAT core. Though there are ome anomalie, the ame i true with the average year work experience of admitted tudent, a both ignify the quality of enrolled MBA tudent. The average alary on the other hand i reflective of the value employer place on graduate from a particular chool, and o i for the mot part reflective of the index of employer vote a chool receive. management education, a the ector truggle to appeal to women. Thi i an iue that both buine chool and organization uch a QS are triving to correct. Internationalization of the MBA In a world that i growing more integrated by the year, the importance of future buine leader having an international outlook cannot be underetimated. In their quet to enure MBA tudent are given the international expoure needed to operate in the heavily globalized world that they work in, many buine chool place a high importance on international cla diverity. A hown in the QS Global 200 Buine School Report 2012, European chool are particularly good at attracting an internationally divere applicant pool, which tranlate into high percentage of international diverity in their MBA clae. Employer clearly value thi, a i repreented by many European chool coring well in the index of employer vote hown in the international management rating. The percentage of female tudent enrolled on MBA program rarely reache equality among the 200 buine chool featured in thi report. Thi i reflective of a long-tanding trend in Meanwhile, many buine chool in Aia truggle to attract international tudent to their program, particularly in mainland China and India. With uch globally influential economie,

55 Concluion thi i an area that ome chool will need to work on in order to enure that the region future buine leader are able to operate in the internationalized environment that they are needed in. At the ame time, it hould be noted that for the mot part, buine chool in Aia are till very much in the developing tage. In fact, the rapid rie in the number of chool meeting the criteria for the QS Global 200 Buine School Report in recent year i very impreive, and point to a fat-paced increae in the quality of the region MBA program which are increaingly being recognized by international employer. Since 2004, 26 extra buine chool baed in the Aia-Pacific region have achieved an index of employer vote core high enough for incluion in the report, bringing the total number of chool from the region to 36. Though at an even earlier tage of development, intitution from Latin America and Africa and the Middle Eat are alo howing promie in term of employer opinion of their graduate. In Latin America, the fat-growing economie of Brazil and Chile have encouraged MBA employer to conider hiring from buine chool located there. While in Africa and the Middle Eat, government invetment and political change i likely to attract more chool to the region. Rie of the BRIC nation Throughout the QS Global 200 Buine School Report, one theme in particular tand out: Indian buine chool are fat gaining popularity among MBA employer. In almot all pecialization rating, Indian chool have climbed coniderably when compared to lat year. Thi i even the cae for international management, a while Indian buine chool feature lower down the rating than they do in other pecialization, they are till climbing and howing promie in developing a greater international outlook among their MBA graduate. Mainland China follow it pecial adminitrative region, Hong Kong in gaining greater prominence among employer of the country buine chool. With cloe tie to the UK, and a financial powerhoue of the world, Hong Kong ha long been conidered to houe ome of the region mot repected buine chool, and feature trongly in the QS Global 200 Buine School Report. However, of recent year buine chool located in mainland China are being viewed on a imilar level to thoe in Hong Kong, repreenting a rapid rie in international employer reputation for China top buine chool. In part thi i due to cloe working tie with ome of the mot repected intitution in Europe, but alo a a reult of China huge economic expanion creating a need for international buinee to hire executive with a trong undertanding of Chinee buine. Though the region management education ector i till developing, economic expanion i alo the reaon that we can ee countrie in Latin America improving their reputation among employer. Chile, though not one of the BRIC nation, and Brazil are home to the top four buine chool in the region, howing ignificant improvement ince lat year. At the ame time, both countie economie have undergone major expanion in the pat decade, which ha encouraged international employer to look to local buine chool when hiring MBA graduate. Ruia i the only BRIC nation not repreented in the QS Global 200 Buine School Report 2012, a reult of the trong focu among Ruian 55

56 Concluion 56 buine chool on local market. While local market are important to the country in order to enure it cater for internal buine need, a greater international preence in Ruian buine chool curricula could help the internationally reerved country to achieve greater global economic prominence. Specialization in MBA education Recent month have een huge public protet around the world againt the perceived greed of many high-level buine executive and the organization they run. Further, buine chool received a degree of blame for what ome believe to be a failing in the teaching of corporate ocial reponibility (CSR) in their program. Whether or not the blame wa rightly placed, MBA program have evolved ince the current global economic difficultie began toward the end of the lat decade. Buine chool contantly alter their MBA program in order to reflect the need of global buine and the world they operate in, and the trend of an increaed emphai in the nurturing of CSR value i reflective of that. Innovation and entrepreneurhip have become greatly valued by MBA employer around the world. The two pecialization, which are o cloely linked that ome buine chool merge the two field into one department, are alo valued by government a they look to buine innovation and the entrepreneurial mindet of future buine leader to create economical growth during a tough economic climate. In Europe in particular, MBA graduate with innovative and entrepreneurial idea in the field of finance will be of great ue in helping the continent to avoid it own Lehman moment, which if it happen could plunge the global economy into previouly uncharted financial difficultie.

57 57

58 19. Appendix ALBANIA Huella Laboral Alinta Energy Timejob Intituto de Rehabilitacion Integral AMP Intituto Provincial de Juego y ANISE Conulting ALGERIA Caino- Mendoza ANSTO EXPRO GROUP Interervice APRA Intery SRL APSC ANDORRA Jugo SA Acanio 58 Kimberly Clark Latinoamérica Kimberly Clark Latinoamérica Laura Jordan & Aoc. Autralia Pot Autralian Broadcating Corporation ARGENTINA Lexmark Autralian Commonwealth Aceitera General Deheza M.I.C y T Government AES MANPOWER Autralian Prudential Regulation ARSAMA SA Molina y Aociado Authority Ait Card Mon Stage En Argentine Autralian Taxation Office Bagatini Conultora Organización Médica Atlántica S.A. Avaya Bagatini Conultora RRHH Paradigma Belliimo Coffee Betamotor Argentina S.A. PROMOSTAR SA BHP Billiton Burgwardt y Cía. S.A. Properar Bicycling Autralia Cable expre Provincia ART Bluecope Steel CaridianBCT Proyecto Sur RR.HH. BlueScope Steel Limited Cemento Avellaneda S.A. Shima SA BlueScopeSteel Limited CLEAN BAIRES S.A. SIPROSA Booz & Company Conextube SA Sur Contact Center S.A. BOS International Conultora en RRHH TANDANOR SA Bunning Building Supplie Conultora Staff de Venta/ Staff Taranto San Juan S.A Buine Quality Management Dometico Techint Cadit Conulting CONSULTORIA Tecnología Energía Generación S.A. CBA Deloitte The Clorox Company CEA Technologie Dia Argentina TOTVS CEA Technologie Pty Limited DMD Compreore S.A. UGOFE. S.A City of Greater Dandenong DOMPRA S.R.L. UMaza Community Alliance Credit Union El Porteño Apartment llc World Game S.A. CPA Autralia Empleo Online YPF S.A. Delta Electricity ESTUDIO MALUFI DeltaSBD Limited ESUCO ARMENIA Department of Broadband, Falabella Adad Communication and the Digital FRIC ROT SAIC Economy GCI SA AUSTRALIA Department of Communitie GPTW Abbott Department of Employment, Economic Grupo DARC ABC Development and innovation Grupo Ibermática Accenture Department of Primary Indutrie Grupo Seguridad Norte AECOM Department of Sutainability and GRUPO TEAMSEG S.A. ahm Environment, Victoria Hotel Intercontinental Alcatel-Lucent Dr Jaon Dixon Clinical Counellor

59 E & M GREENFIELD Queenland Emergency Medicine Bank of Baku Open Joint Stock Elegant International Pty Ltd Reearch Foundation (QEMRF) Commercial Bank EMC Queenland Health BP Ergon Energy Ramay Health Care DNS Computer Ernt & Young Redflex Traffic Sytem Pty Ltd Embawood LLC ETSA Utilitie RMB Lawyer Medii LLC EYELIGHT FILM PTY LTD RMHRVS fdghd Royal Botanic Garden Board BAHAMAS FMCG Royal Children Hopital Bribane LDG,JHV,NB G. J. Ryland & Co. Pty Ltd SCE Group Gilbert + Tobin Goldworthy Ivetment Pty Ltd Seamle (Aut) Pty Ltd Shellharbour Village Pharmacy BAHRAIN Bukamal W.L.L. 59 Good Beginning SKM college GSK Southern Hopital Network KPMG Hatch Aociate SP AuNet Zain HBM Group Pty Ltd Sugar International / Talent2 Huon Management Service Pty Ltd Sydney Water BANGLADESH IBM Autralia Synergetic Environmental Betway Group Illawarra Coal Engineering Ericon Internetrix TAFE NSW - Illawarra Intitute GASL Kellogg Brown & Root Target Autralia Minitry of Education, Bangladeh KPMG The Sunhine Coat Private Hopital Mulim Aid Lander & Roger Treaury Shirt Maker Group LDB Accountant & Advior UniCentre Lexi Nexi URAC Ltd BARBADOS Lifeline Autralia UTC Fire and Security Adadad McKay Solicitor VEKTA Pty Ltd Modbury Hopital Navita Workforce Solution Victorian Aboriginal Health Service Virbac Autralia BELGICA Faf norman diney & young WHK NSW Treaury OneSteel WilonHTM Invetment Group Wollongong Hopital BELGIQUE SECO crl OneSteel Ltd WorleyParon Orica Park Victoria Partner In Performance PeakCare Permateelia Pty Ltd phillipgold pty ltd Procter & Gamble Wynnum Adult Community Mental health/metro South/Bayide Yarra Valley Water AUSTRIA Catalyt GmbH ERSTE-SPARINVEST BELGIUM Act2act BASF ANTWERP NV Belgacom BLOSO BNP Pariba Forti Buurtport Bruel Productivity Commiion EVN Profeional Public Relation Oracle Profitable Buine Development Rhomberg Bau GmbH Project Management Service (NSW) Rote Kreuz Pty Ltd RZB AG pureprofile AZERBAIJAN Qld Department of Environment and Azercell Telecom LLC Reource Management Azerun Holding

60 Centre for R&D Monitoring Brith American Tobacco Bulgaria CAMBODIA communauté françaie de belgique Bulgaria Saila Conortium XIII Webro vzw Bulwork CSR Europe C3i Europe CANADA Ctac belgium C3i Europe EOOD Aaa Electrabel, Groupe GDF SUEZ Confidential Alberta Envirofuel Inc. Ernt & Young Bedrijfrevioren Curti/Balkan ANGAD INFO OVERSEAS European Commiion DANONE Bulgaria IMMIGRATION CONSULTANTS Federal Public Service Home Affair Dr. Pendl & Dr. Piwanger, Bulgaria PVT LTD Federal Public Service Jutice Economedia BioTilt 60 Flemih government GDFSUEZ Ernt & Young HILL International BG Ltd. Bleublancrouge Brampton Engineering Intitut Detrée Human Relation Conulting Cameco KPMG Recruitment Capgemini manafer Intermind LLC Comfort Keeper MIVB International Healthcare and Health Enbridge Pipeline Inc. MIVB-STIB Inurance Intitute Ericon PKS bvba Internack Bulgaria Ltd. Ernt & Young PricewaterhoueCooper JAR-MM G4S Cah Solution (Canada) Ltd Procter & Gamble Key Succe Indicator - Tailor made Hatch QUALITY PARTNER SA buine olution Ltd. Health Canada Tractebel Engineering Kraft Food Bulgaria HSBC Bank Canada Univeg Market Trend Ltd. IBI Group VIB Mercuriu Sofia JSC ITL MKB UNIONBANK iweb INC. BELIZE Mobiltel EAD Jona Software FG Monday Ltd. Keytone Lab Inc. Moto-Pfohe GmbG KPMG BERMUDA Nemetchek Ltd Manulife Financial Daerwer Netle Bulgaria Moaic Sale Solution Oracle newcomer centre of peel BHUTAN PRO.BG Media Group Nova Scotia Buine Inc. Wipro PROFI CREDIT Bulgaria EOOD Orion Health Limited Reed Peronel Service Propipe Group BRAZIL Roche Bulgaria RBC Ryal Bank Global Croing Sandvik Roll Royce Heidrick & Struggle Siemen Roll-Royce Michael Page Sofiyka Voda Royal Bank of Canada Promon Engenharia Ltda Software AG Stream-Flo Indutrie Ltd SU Sylvite Holding Inc. BULGARIA Synectica Conult Ltd. TD Bank Financial Group Alpha Bank Bulgaria Branch Tranal Service GmbH Town of Richmond Hill Aamblea Nazionale (Parlamento) uzr UltraIT Axway VIVACOM Wet Monroe Partner BEIED Yavlena Ltd. Bella Zentiva CHILE Britih American Tobacco APL Logitic Chile S.A.

61 Aociación Chilena de Seguridad Bank of Canada Barum Continental pol. r.o. Atiae CApacitación SA Bertelmann AG, China Freecale, Inc CAPREDENA Capital Eight Gatema.r.o. CDO CONSULTING GROUP Cico SEM Dráov Cheta Ingeniería S.A. Cico Sytem Tieto Czech Contructora Independencia S.A Fluke T-Mobile Czech Republic a.. Dital S.A. Medtronic Dow AgroScience Novarti DENMARK DUOC EMBOTELLADORA ANDINA Empremar Entel Servicio Móvile ecuela militar ejercito de chile Facultad de Medicina FALABELLA fghfg Foretal fundacion integra Guerrero, Olivo, Novoa y Errázuriz HOTEL MILITAR GRANADEROS IQUIQUE Indra Sitema MARKET LINE CHILE SA Minera Manto de Oro Ohl Conceione Chile S.A. Ripley Ripley Corp Roi Human Conulting Rvc inmobiliaria y contruccion adf Sandvik Siemen S:A Soc. Conceionaria Centro de Juticia de Santiago Sociedad Indutrial Romeral SA Solvencia S.A. UHY Oandón Conultore Viña Concha y Toro S.A. VIPROSEG LTDA. Weir Mineral CHINA AEGON-CNOOC Life Inurance Co. Ltd. APRIL China B&Q China Bain & Company OPR media SAP Starbuck China Sunhine 100 Real Etate Group Vermilion Partner COLOMBIA Aranda Software Corporation Colombiana Kimberly Colpapel Genei Global Leda Goloina Trululu S.A Grupo Corporativo EFICACIA S.A. INTEC OTM lloreda medico in frontera MRI NETWORK ANDINA Municipio de Tenjo O-I PELDAR COLOMBIA Progen S.A. R.H Recuro Humano RAINPOWER SECANCOL LTDA SERVIBOY LTDA TAG FLOWERS S.A. TELEDATOS TH plu TALENTO HUMANO Top Management COSTA RICA Azucarera el Viejo S.A Banco de Cota Rica GBM Platec SOER Cota Rica The Bridge Group The Leatherback Trut CZECH REPUBLIC APMoller Foundation B&b Capital Region of Denmark cb Center for Rehabilitation of Brain Injury Coloplat A/S DAAC, Udkaervej 15, DK-8200 Aarhu N DanChurchAid danfo Danico A/S Danih Art Agency Danih Cultural intitute Danih EPA Danih Medicine agency Danih Meteorological Intitute Danmark Nationalbank Danmark Nationalbank (Central Bank) DONG Energy Fødevaretyrelen Frederikberg Gymnaium GateHoue Grundfo Management H. Lundbeck A/S IctalCare Innovation Center Denmark, Silicon Valley Intitute of governmental reearch Jubii.dk Jutitminiteriet Jutitminiteriet (Minitry of Jutice) KL Law firm Poul Schmith Logica Minitry of Education in Denmark 61

62 62 Minitry of Finance Minitry of Jutice NIRAS Nordea Nordea AB Novo Nordik Novo Nordik A/S OFS Fitel Denmark Prealit Group A/S Ramboll Management Conulting Region North Jutland Righopitalet righopitalet, national hopital of denmark Rockwool International A/S Society for Danih Language and Literature Statitic Denmark vendborg loeve apotek The Danih National Centre for Social Reearch Veta Wind Sytem Workz Zealand Pharma EGYPT Ditance Studio Conultant Geographic Information Sytem Center of the Supreme Council of Antiquitie Hyatt Regency Sharm El Sheikh tarwood Xceed contact center ESTONIA Swedbank AS ETHIOPIA Red Fox Ethiopia FINLAND F-Secure Corp Orion FRANCE ABBOTT France Accenture ACCOR Alcan CRV Allianz Alma Conulting Group ALTEN AREVA AXA Private Equity azf Bouygue Contruction BOUYGUES TELECOM Club Med Gym Coface Cofely CREDIT AGRICOLE SUD RHONE ALPES DECATHLON SA DEKRA INDUSTRIAL FatBooking Freeniu Kabi HP HSBC FRANCE hygena INSTITUT LAUE-LANGEVIN logica LVMH MFPMICHELIN NEODIALOGUE Nouvel Ob OPEN Orange Prada PricewaterhoueCooper Procter & Gamble Rakon France anofi aventi Schneider Electric SODEXO France Sopra Group Sullivan & Cromwell LLP THALES The Boton Conulting Group TOTAL Unilever vivendi F-Secure Corp Orion FRENCH GUIANA Zulou GERMANY Bodo vorrath aociate gmbh/we connect people and trategy Bombardier Tranportation Computer Future Daimler AG dimari IT Service India Pvt. Ltd. Draftfcb ElringKlinger AG ESA grip gmbh Hellmann Worldwide Logitic GmbH & Co. KG Horbach Wirtchaftberatung IBM Intitut für Angewandte Wirtchaftforchung Kraft Food RD&Q Munich LGI Logitic Group International gmbh Miniterium für Wienchaft, Forchung und Kunt Baden- Württemberg PERI GmbH Robert Boch GmbH Sartoriu Stedim Biotech GmbH Seton Company Siemen Simba Dickie Group martspeed SWEP Veta Deutchland GmbH GHANA SEM Capital Management

63 GREECE AB VASILOPOULOS Aldemar Hotel & Spa ALUMIL S.A. Boehringer Ingleheim Ella AE BSH BSH OIKIAKES SYSKEVES Cadbury Cadbury Hella Careerbuilder CLUB HOTEL CASINO LOUTRAKI COLGATE PALMOLIVE DANONE Dairy Product EPIFANIS GROUP OF COMPANIES Ericon Hella S.A. Eurobank EFG Fourli Group GRAND SOLUTIONS S.A Grand Solution S.A. Hellenic Shipyard SA Henkel Hella Houe Market S.A. (IKEA) INTERAMERICAN INTRACOM IT SERVICES Janen-Cilag Johnon & Johnon Hella SA KLEEMANN KOSMOCAR SA KRAFT FOODS L Oreal Hella SA Mellon Group of Companie National Bank of Greece NESTLE Pernod Ricard Hella Piraeu Bank PIRAEUS BANK GROUP PricewaterhoueCooper Proce Engineering Solution REMACO SA SARA LEE SARACAKIS GROUP OF COMPANIES The Swatch Group Greece S.A. VIVARTIA Wurth Hella SA HONG KONG Analogue Group of Companie Atlantic-Pacific Capital CAI Buine Indepth Citi Creator Metro Limited ERM-Hong Kong Limited Healthpro Jardine Matheon Ltd KJ Interational (HK) Ltd Liquavita L Oreal Hong Kong Ltd. Manulife (International) Limited Razorfih (HK) Co. Ltd. Schneider Electric Aia Pacific Ltd. SHKF Tyco Electronic H.K. Ltd. HUNGARY Bay Zoltan Foundation for Applied Reearch, Baygen BAYGEN Intitute Bonafarm Co. Commerzbank IBM InCa Informationtechnology Ltd. Kontaktia Ltd. KPMG KPMG-BME Academy MCL Conulting Ltd. Sanoma Budapet INDIA 24x7 Conultant 360 Degree HR Conulting Service 3i Infotech Limited 3M 3vconultant 7Management Staffing Solution A M TRADE LINK PVT LTD A WPP company A.H Wheeler & Co Pvt Ltd Aadhavan Courier Pvt Ltd Aalim Muhammed Salegh Group of Educational intitution AAR KAY MANAGEMENT CONSULTANTS Aarmed Force Aayan InfraTel Pvt Ltd ABC Abel Software and Conultant Pvt. Ltd. AC Nielen ACC LIMITED ACCEL Frontline Service Ltd Accel IT Reource Ltd Accenture Accord Group of Companie Ace Computer Service Aceoft Lab (India) Pvt. Ltd. ACH Management Conultant Pvt. Ltd. ACRO HR Solution (I) Pvt. Ltd Active Management Conultant Adani logitic ltd. Adecco India Aditya Birla Group Aditya Birla Retail Ltd Adityabirla Minac advance nanotech Advantage India aegon religare life inurance AGP INTERNATIONAL SERVICES Agra Engineering Company Ahalia Group Ahura Builder Aircel telecom Pvt. Ltd. AKB Indutrie Ltd. Alamelu Chemical Product ALCHEMIST HR SERVICES PVT. LTD. AllanaSon Ltd. Allen Homoeo & Herbal Product Ltd. Al-Oai ALPS Indutrie Ltd. Ambition Advtg. & Mktg. Ambitiou Film Co. AMERICAN EXPRESS American Solution Pvt Ltd Amrapali Intitute 63

64 64 Anandaloke Hopital & Neurocience Centre, Siliguri, Wet Bengal, India Anchorage HR Solution Anjali Mukerjee Health Total Pvt Ltd Analdo Caldaie Boiler India (P) Ltd. any motor Anyone Apex conultant APM TERMINALS-PIPAVAV Apollo Hopital Ent.Ltd Apollo Tyre Ltd Applied HR Service Aptech Ltd aray offhore Architect Arctern ARCTERN:VOLT Ariba ARIHANT ELECTRICALS ASAP Automation India Pvt.Ltd Ater Teleervice ATLANTA LTD. AUM Organization Aureliu Conulting Service AUSCAN IMMIGRATION CONSULTANTS PVT LTD AVAYA GlobalConnect Ltd. avenue placement conultant Aviva 24/7 cutomer Avnet Technologie Avon Corp Ltd. AXIS BANK Azad Group of Educational Intitution B&C Tech Service B&K Sec b.jain group of companie BACE Marketing Pvt. Ltd. Bajaj Polyblend Pvt. Ltd. Bajaj Procepack Machinen Pvt. Ltd. Balaji Telefilm Balihtha etech Pvt. Ltd. Bangalore Management Academy Bank of India Barodawala Propertie Private Limited BAT BCPL Bcube IT Service (P) Ltd BEML Ltd. bengal hawal reparing houe Bhagya laxmi Enterprice BHARAT FASHIONS & APPARELS Bharat Heavy Electrical Limited BHARTIYA CONSORTIUM PVT LTD Bhavya Group Bhuhan Steel Limited BIG M Tecnologie BINARY LOGICS Binary Softzone Pvt.Ltd. BIPM Birlaoft Ltd Biztran Solution Bloom Tech Solution blue chip placement BLUEMAN SUPPORT SERVICES BOC India Ltd. Bonace eng Book for Change BORDER SECURITY FORCE BOSCH Boch Limited Britannia Indutrie Ltd. Brunel India Pvt. Ltd. bl training company BSOFT Buine Scape Conulting cadila CALCHEM INDUSTRIES [INDIA] LTD CAMBATA AVIATION PVT. LTD Canada Capital IQ Capricorn Pharma Inc Career Avenue (I) Pvt Ltd Career Path Conultant Career Point CAREER WORKSHOP Careerbridge Conultant Catrol India Ltd CBay Sytem CBS CEMEX CESC LTD Cethar Veel Ltd CfBT Education Reource Management Pvt. Ltd. Chiron Panacea Vaccine Private Ltd Cholamandalam MS General Inurance Clearway Advior CMC Technologie India Pvt Ltd CMS Cognizant college Colortek (Megahalya) Pvt. Ltd. COMMON WEALTH GAMES DELHI 2010 Company Compugra Sytem Inc Confidence Confidential Connect Global CONSTRUCTION CONSULTING ENGINEERS LIMITED Conumer Link Mktg Pvt. Ltd. Control Component India Pvt Ltd Convergy Core Hr Service Pvt Ltd Corporate Executive Board Corporate Reource Network Corpur Corporate Management Como Learning Service Pvt Ltd Council of Scientific and Indutrial Reearch Counellor Career \GSR FORD PVT LTD GTTC Gujarat Intitute of Deert Ecology

65 Gujarat Liqui Pharmacap Pvt. Ltd. GWSSB Hangyo Ice Cream Pvt. Ltd. Hana Education Pvt. Ltd. Hari Niwa Palace harha motor (hero honda) Hahtech Sytem Pvt. Ltd. Haan Thermal Power Pvt Ltd HATCHJOBS hcentive, Inc. HCL HCL (TECNOLOGIES) HCL INFOSYSREMS LTD. NOIDA HDFC BANK HDFC BANK LTD HDFC SLI Health Management Reearch Intitute, 104 Healthcare Helio Global Service Helio Solution Heritage Peronnel Placement Service Hewitt Hewitt Aociate Hewlett Packard Hexacorp hindutan dorr oliver limited Hindutan Dorr-Oliver Ltd. HiR Solution HITECH SECURITY AND SAFETY SYSTEMS Hitendraa Chimni Honda Honeywell HOPES FOREVER CONSULTANCY PVT. LTD. Hotel Hotel the R blue HP HP Invent HR-ONE MANAGEMENT CONSULTANTS PVT LTD Hyderabad Media Houe Limited, Dr. A.S. Rao Nagar, Hyderabad - 62 I Link Software Pvt Ltd IAF IBM IBM India Pvt Ltd Ican BPO Pvt. Ltd. icfai ICFAIAN Foundation for Higher Education ICICI PRUDENTIAL L.I.C.Ltd Icon Conultancy Service Identity IDMC LIMITED idream Adviory Service Pvt. Ltd. IFOXY MEDIA SOLUTIONS igate Global Solution Ltd. IIHT Vadodara IIJT Computer Education IKEA TRADING HONG KONG LTD. IL&FS IL&FS Infratructure imperial cablepvt. ltd Import -export In2M Technologie - Finicity INDIA BULLS India Profeional Solution India yamaha motor pvt ltd. Indian Army Indian Farmer Fertilier co.ltd(iffco) Indian Talent Scanner Indira Intitute of Buine Management, Navi Mumbai Indo - Angloan INDRAPRASTHAM Pvt Ltd. infomedia 18 ltd Infotretch Infoy Infoy tech ltd Infoytem INFOTECHSTAR ING GROUP Inmantec Intitution Innopark (India) Pvt. Ltd. Inpiring Fahion Intec group of companie Intecon Software Lab Intellequire Conulting Pvt. Ltd. Intelpace Technologie Interactive Manpower Solution Pvt. Ltd Interface Inc International center for contracting Intercience Group of Intitution InterServe World Wide INVIDA India Private Limited irelays IRode Microytem Pvt. Ltd. irrigation ic trading pvt ltd IT MNC ITCOT IVRCL I&P Ltd. J K PAPERS LTD J.A. Management Conultant Pvt. Ltd J.R. LADDHA FINANCIAL SERVICES (P) LTD. JAIN INFRA PROJECTS LIMITED Jalan HealthCare Pvt Ltd Jala Reort Pvt Ltd. Jay Pump Pvt Ltd JBM Group JCO GAS PIPE LTD. JD DISTRIBUTION Jhaveri Securitie Pvt Ltd JINAEHAT EXPORT PVT.LTD. Jindal Steel & Power Ltd. JIS Group JnJ Telecom Co. Job-a-mania JOBS VALLEY, INDORE JobEnure.com Jone Lang LaSalle Meghraj jk indutrie pvt. ltd. JT INternational India Pvt Ltd JTI 65

66 66 k.e. engineering ltd Korean Group K.T.D.C Limited Kale Conultant Kalinga Cable & Conduit Company Kalpataru Power Tranmiion Ltd KAPSONS FASHION P LTD Karaikal Port Pvt Ltd Karmen International Kauhalam Digital Private Limited Kaya Ltd Kaya Skin Cinic KCML KG Information Sytem Pvt Ltd KLE Soceity College of Engineering and Technology,BELGAUM Komfort world Travel KOTHARI GROUP OF INSTITUTIONS KPMG Adviory Service Pvt. Ltd. Krihna Automobile - BMW Krypto KSK Energy Venture Limited LAKHANI GROUP Lanon Toyota LARSEN & TOUBRO LTD Lauren Information Technologie Pvt. Ltd., laxmi product Laxmi Solvex Leading Edge Leading Microfinance Company Legrand (I) Pvt.Ltd Lexprooft Technologie Pvt. Ltd. lgoitic LIC OF INDIA LM Windpower LPS LTD M & M M/S Arvind Human Reource M/ BL Kahyap & Son Ltd M/S GINNI FILAMENTS LTD M/. Tollygunge Club Limited Maagni Mabret hotel pvt. ltd MADRAS ENGINEERING INDUSTRIES (P) LTD Magic Inurance Maharahtra Seamle Limited MAHARASTRA HYBRID SEEDS CO. LTD.,JALNA MAHESHWARI MEGAVENTURES LTD MAITREYEE IT SERVICES PVT. LTD. Majetic People Infotech MAKINO INDIA PVT.LTD Mandate Hr Solution MANGLA APPARELS INDIA PVT.LTD. Manipal SuperSpecialty Hopital Manih Packaging Pvt.Ltd. manjri tud farm MANOKAM ( HR & Management Conultant) Mantrana Conulting P.Ltd manufacuturing Manuh Solution Manya Education Private Limited Manya Group Private limited Mareedpal MARKETRX-CTS Macon Global Limited Mater-Mind Technologie MATES-Madion Teamwork fp & e Pvt. Ltd MAWANA SUGARS LIMITED Max New York Life Inurance Co Ltd MAYFAIR MB PLACEMENTS MBL Infratructure Ltd MBSPL MCube Conultant Media MEENAKSHI Mercuri International metro dairy limited Mind Edutainment Pvt. Ltd. Mineral Aociate MINOP INNOVATIVE TECHNOLOGIES PVT. LTD. MIPL MISMO Solution MIT Intitute of deign MITCON mithra agencie maruti Suzuki MNC MNC, Chennai Mobiu Conultant Pvt. Ltd Modern intitute of technology and managment Modi Apollo International Group Pvt Ltd MORARJEE TEXTILES LTD MRL Agencie mb ervice MSIL Dealerhip MSRSAS MSSL Mudra Life Style Ltd. MUKUL INDIA Multimodal Freight Sytem Pvt Ltd Myrmidon Conulting NA NATIONAL ALUMINIUM COMPANY LIMITED National Intitute of Management NATURAL OGANIC CERTIFICATION AGENCY Neemtree Conulting Neeti Solution Pvt. Ltd. Neha Creation Nephron Netmatrix Solution New Today Pvt Limited, Hyderabad NFIL NHB bearing Ltd nil NIPS EDUCATION Niton tool a reearch centre Nitco Tile Nkpt IOM Badnapur NOIDA INSTITUTE OF

67 MANAGEMENT STUDIES Noida Power Company Limited Nokia Siemen Network NOT WORKING Not working looking for job Nouveau Multimedaia Limited NOVARTIS PHARMA NPT NTL ELECTRONICS INDIA LTD ntpc Nurture HR and Training Reource (P) Limited NYK LINE INDIA LTD Ocean Group Ocean Connect (I) Pvt Ltd odeon builder pvt ltd new delhi Omega petrochemical pvt ltd omne Oracle Financial Service orbit corp ltd orchid oultion ltd Ordnance Factory Trichy ORISSA MANGANESE & MINERALS LTD. ource Global Conulting Pvt Ltd Outline Sytem Inc. OutReach Conultant Pvt. Ltd P.E. ENGINEERS PVT. LTD. Paddy Field Creative Service (P) Ltd. PANALFA AUTOELEKTRIK LIMITED Pandit Automotive Pvt Ltd Patni Computer Sytem LTD PDIMTR Percept Limited perfect placement Petro Contructor (P) Ltd Pharmaceutical PHILLIPS CARBON BLACK LIMITED pinnacle place career Planman HR Platene India Ltd Platinum Conultant Plug HR PMS GROUP Pondicherry population ervice international Potain India Private Limited POWERCOM PATIALA PPD PPG Group Pragmatic N HR Service Praneel technologie Pratibha Group Prayag Software Solution Pvt. Ltd. Preciman Conulting PREMIER EDUCATION SOCIETY Previouly worked in Leonia HOlitic Reort Pvt. Ltd Hyderabad Prexu Health India Pvt. Ltd. Pride Purple Group Primavera Mnagement Solution Pvt Ltd Primeone Work Pvt. Ldt. PRIYATAM INSTITUTE OF TECHNO. & MGT. Prodigy Communication Property Solution (I) Pvt. Ltd. Proteck PRUMATECH PSS PTG Pumaource Ltd Pure Information Technology puhpanjali crolay hopital Quad Electronic Pvt Ltd Qualiant Learning ervice diviion of HK Webguru R J ROSARIO & ASSOCIATES R R Legal Conultant Rajdeep Group RAMKRIOSHNA FORGINGS LIMITED Rapid HR Raychem RPG ( RPG Group) Recon Oil India Pvt Ltd. Reliance Communication Reliance Retail Ltd Religare Enterprie Ltd Religare Technologie Limited Reervation Data Maintenance India Private Limited RESONANCE reun pharma Reynold india Pvt.Ltd. Noida U.P. ( india Right Advior RIL RK CONSULTING & EXECUTIVE SEARCH SOLUTIONS RLS Robert Boch Rohan Motor LTd Roop Polymer Limited Roy Management Conultancy Servie Royal Sun Alliance Inurance Company Ltd RPKR ENTERPRISE Rubicon Reearch Pvt. Ltd. Ruby Conultancy Rungta Group S.A.M.Overea Sahayta Careeritic Pvt. LTd. Sahil Enterprie SAI People Solution Sai Placement Sai Spurthi Agro Tech Pvt ltd SAIL: Saint-Gobain SAIPEM INDIA PROJECT LTD San Enterprie SAN Management Conultancy Sanguine Sankhyaa Learning Private Limited - HeyMath! Sante Mernaud Pharmaceutical Pvt ltd SAP India Pvt Ltd Sarawathy Conultancy India pvt Ltd Sarda Group of Companie Sarla Fabric Pvt. Ltd. Mohan 67

68 68 Nagar Ghaziabad (UP) SASHA EXPORT UNIT OF SASHA ASSOCIATION FOR CRAFT PRODUCERS Sathavahana Ipath Ltd Sat-n-Merc Manpower Conultant atyam iron & teel co. pvt. ltd SAVI INFOSERVICES INDIA PVT LTD Saviance Technologie Pvt. Ltd. SAVIOUR PLACEMENT & CONSULTANCY SERVICES ayvaa Scillz Management Conulting Pvt Ltd SCOPE International Security & Peronnel Service Pvt Ltd Seio Conultant Semikron Electronic Pvt Ltd SENTINELS SECURITY PVT LTD Servita technologie Sewara Hopitality & Development SFMC Pvt Ltd Co Sheela Foam Pvt. Ltd. Shell n Pearl Ceramic Shell Tranource Ltd hewalkar developer ltd nagpur Shian Service Pvt Ltd Shiel Trade Venture Pvt. Ltd. SHM Infotech Pvt. Ltd. SHOPPERS STOP Showa India Pvt. Ltd. SHREE INSTITUTE OF SCIENCE AND TECHNOLOGY BHOPAL Shriram Life Inurance SIBM Pune Sightaver SIGNJOBS.COM Silicon Biztech Pvt Ltd Sicon Technologit Pvt Ltd SKP Securitie Ltd SKS MICROFINANCE LTD SmartSearch Manpower Conulting (I) Pvt. Ltd SMS Conultant SNORG conultant Pvt ltd SOAIS Social Awarene & Varied Education Sofomation SOFTWARE Sourabh International Sparc Technologie Spencer Retail Limited SQL STAR LTD Sri Sumeru Realty Private Limited Srijanreourcemanagement SSC net Education PVT LTd SSI MANAGEMENT CONSULTANT STAFFING COMPANY Star Health & Allied Inurance Statcon Power Control Ltd. Stelmec Limited STEPS Sterling Port Limited Strag Deigner Pvt. Ltd. Subro Ltd Suguna SUN HOSPITAL PVT. LTD, Sun Life Financial Sun Technologie SURYA ROSHNI LIMITED Sutherland Global Service Suvidhaa Infoerve P. Ltd. Suzlon Energy Limited, Pune Swami Vivekanand Int. of Technology Swanya international SWASTI GROUP Symbioi Synape Information Service Pvt Ltd TACO Compoite Ltd. Taj Group Taj Management Network Talbro Automotive Component Ltd. Talent Fuion TALENT PRO INDIA HR Pvt Ltd Tamil Nadu Electricity Board TANFAC Indutrie Limited Tangent conultant/nautilu hipping Tata BlueScope Steel Limited Tata Chemical Limited TATA CHEMICALS LTD Tata Sky TATA STEEL LTD, JAMSHEDPUR TCL TCP SECURITIES LIMITED TCS TCS (left) TCS e-serve TECHNO INSTRUMENTS Techproce Solution Ltd Tenon Tetingczar The Focu India THE INSTITUTE OF COMPANY SECRETARIES OF INDIA The Nielen Company India The Orchid Hotel The Samaritan Conultant The tata power Company Ltd. thiraviam orthopaedic hopital ThreeC IT Conulting Time Buine Sol Time Buine Solution Limited TLI TNS Toluna TRANS WORLD Tranaia Bio Medical Ltd. TranForm Solution Pvt Ltd Travel Point, Hyderabad Treadtone Ltd; Treat Conultancy Trident microfin pvt Ltd TRIDENT MICROFIN PVT. LTD Turing Software TutorVita TVS Infotech

69 TVS Interconnect Sytem Limited Tyco Fire & Security India Private Limited UL MSS India Prrivate Limited unicef Uniconnect UNILEVER Univa Technologie Pte; Ltd. UPMAN CONSULTANTS PVT LTD Urjja reource USHAKIRON MOVIES LIMITED V V Mineral V. Ship India Pvt. Ltd V3 Staffing Solution VAKS ONLINE SERVICES Vardhman Special Steel Ludhiana Varuna Roadline Pvt ltd [ Retd] VBeyond Corporation VCK Share and Stock venu garment ltd VICTOIRE CONSULTANTS PRIVATE LIMITED Videocon Videocon Telecommunication Ltd Vigyan Praar VIHTM Vijayhanthi Builder Vika Educational Society Vimal Fire Control Pvt. Ltd. Vinayak Conultant Virtual Soft It Solution Viaka Indutrie Ltd viion unlimited VI-SON GROUP OF COS Vitar Motor Goa Pvt. Ltd. Vitata Conulting Pvt. Ltd Viveka Solution, Nagpur Vmarh Textile Conultancy Service (P) Ltd Volt Vrikh Conulting Pvt Ltd Wartila India Ltd Water India Wcitie Content olution India Pvt Ltd Welling Conultant welpun india WI William Lea Wing Enterprie Winman Conulting Wipro Wipro Ltd. WLC COLLEGE INDIA WLC, Lucknow WNS Global Service Work Protocol WORLD CLASS SERVICES Xon Advertiing Yantra Automation Pvt. Ltd. YKM GROUP - HYDERABAD Zenith Indutrial Rubber Product Zuari Cement Zuventu Healthcare Ltd INDONESIA Bandung State Polytechnic (POLBAN) BOGOR AGRICULTURAL xx BP DCI PT Freeport Indoneia PT UPGRADED BROWN COAL INDONESIA PT. M-I Indoneia PT. Putri Mandi IRAN BIRLA SUN LIFE Dr. Zakir Huain and IIBM Group of Intitution Indian Air Force National Iranian Ga Co. national iranian oil company ROHAN BUILDERS SEISCO IRELAND Accenture ARV Avaeon Solution Ltd Avaya Bridge Conulting Cara Partner Centre for Houing Reearch Cico Coffey Contruction Ltd. Cordi Crah Enemble DCU Deloitte Deloitte & Touche EireCompoite ÉireCompoite Teo. Eurofound Fidelity Invetment Friend Firt Irih Ditiller Pernod Ricard Malone O Regan Matheon Ormby Prentice MCS Kenny Midland Regional Hopital, Tullamore Oracle P&G PricewaterhoueCooper SRI Group State Street Vivaure ITALY A.T. Kearney AESYS SPA Altom Power ARNOLDO MONDADORI EDITORE BIALETTI INDUSTRIE Booz & Company Italia Srl Boton Conulting Group Cerved Group compa CSP Spa DELOITTE CONSULTING.p.a. EMMEGI S.P.A. Enel SpA Ernt & Young Euro Motor Italia 69

70 70 Giunti O.S. Organizzazioni Speciali HP ibm ICONSULTING SRL IKEA Italcementi italian embay in amman Italtel jungheinrich italiana rl KPMG S.p.A. Meiner Filtration Product GmbH - Italia Microoft MWH Novarti Farma PricewaterhoueCooper PricewaterhoueCooper Protiviti SELLA SERVIZI BANCARI S.C.p.A. Sicim Siemen SIT LA PRECISA SpA TechEdge TEST The Boton Conulting Group therabel UniCredit Group Unipol Gruppo Finanziario S.p.A. vodafone italia whirlpool europe JAPAN Aaahi Kaei Chemical Cop Ajinomoto Co., Inc. ASAHI BREWERIES,LTD AXA life inurance Japan Corporate Direction, Inc. GE ITOCHU Corporation Japan International Cooperation Agency (JICA) Japan Kantar Reearch Kingpan Group plc L.E.K. Conulting LLC Mitubihi Corporation Kyuhu Branch MITSUI SUMITOMO INSURANCE Venture Capital Co.,Ltd. NIPPON STEEL CORPORATION Nihi-Nippon Railroad Co.,Ltd Nitori Co., Ltd. Shuaku Yamamoto The Capitol Hotel Tokyu ジョンソン エンド ジョンソン 伊 藤 忠 商 事 株 式 会 社 富 士 ゼロックス 明 治 乳 業 株 式 会 社 株 式 会 社 クボタ 株 式 会 社 ミスミグループ 本 社 株 式 会 社 ワークスアプリケーシ ョンズ 福 岡 市 役 所 KAZAKHSTAN Agip KCO Air Atana Alcatel-Lucent Ar Oratoria Baker Hughe Service Bank Center Credit Banu LLP BASF Central Aia BG International Limited BRIF Reearch GRoup BRIF Rearch GRoup Capital Partner CID Group Corporation Centerkredit DASM Group dhfyr EKB Elite-Central Aia recruitment and conulting agency Energy Company Ernt & Young Euraian Development Bank Finance and Invetment Houe RESMI Galaki Group GlaxoSmith Kline Halliburton Helio Internhip in the Minitry of Foreign Affair of the Republic of Kazakhtan ISP Group JSC Kapi Bank JSC Kazakhtelecom JSC Sky Silk Karachaganak Petroleum Operating b.v. KazKom kazmunaiteniz KIMEP KPMG LG Electronic Limited Partnerhip Production Aociation Mar Kazakhtan LLP MIcrooft Kazakhtan NAI Aritan national atomic company NCOC Nord-Ot Dialog North Capian Operating Company Oil&Ga Company Pederen & Partner PFD International PRC Career-Holding PRC Career - Holding LLP Production PwC RBS Kazakhtan Samruk Kazyan Invet SDU Shagala LLP SUNOIL LLP TCO TOO Ferrum Logic TRIANGEL GROUP Tenabank United Nation Ut-Kamenogork paultry factory Volvo Truck Агентство Optimum Conulting Service

71 АО Aibn Aet Management АО НИТ АО Банк ЦентрКредит АО МНК КазМунайТениз БТА Банк ГУ Семей орманы ГУ Учебно-компьютерный центр Интеллект доктор ватсон Казкоммерцбанк Клуб бизнес-тренеров кпк Народный Банк Народный банк Казахзстана Нэтвэлл СКФ ГУ Национальный Банк РК ТОО Agency Aia Direct ТОО KENYA Portide Freight Terminal Limited ToughStuff KUWAIT KIPCO Aet Management Co. KYRGYZSTAN Mm GM DAT LIBYA AECOM Punj Lloyd Limited LITHUANIA Danke bank A/S Lithuania branch Eatern Europe Studie Centre Lietuvo draudima (RSA gruop) Onninen Siauliai labour market training and counelling office UAB Galinta ir partneriai LUXEMBOURG ArcelorMittal FCE Brown Brother Harriman Dexia BIL Luxair S.A. MACEDONIA ONE MK Seavu Group MALAYSIA Alba Link Ltd Buzznet Sdn. Bhd. Ernt & Young IJM (India) Infratructure Ltd Intel Murphy Sarawak Oil Co., Ltd Ole Ole Ummy PricewaterhoueCooper Quetnet Limited Seagate Technology SMK Electronic (M) Sdn Bhd MEXICO Abbott Laboratorie México Adecco ADourcing APOYO LOGISTICO MARINO APRENDE SOLUCIONES ASESORES Y CONSULTORES, SC ASESORH, S.A. de C.V. ASTRAZENECA Axon Interconex SA de CV Baker Hughe Becherano Arquitecto BEST PEOPLE Boehringer Ingelheim BP CAF MEXICO SA DE CV Caja de Previión de la Policía Preventiva del GDF Caa Pedro Domecq - Pernod Ricard CASAS QUMA COCONAL, S.A. DE C.V. Conultoria RecHum, S.C. Copivall Corning Mexicana S.A. de C.V. Credifiel CTEC COMPETENCIAS LABORALES DC Mayorita DESC CORPORATIVO SA DE CV Deutche Pot DHL Edit, SA Eelte Evalorem FINASTRATEGY Galleta Juanita S.A. de C.V. Gayoo GDF SUEZ grafico mundial Grupo Ayvi GRUPO FORESTAL IND MEXICANO SA DE CV Grupo Matcapan Tabaco a de cv GRUPO MAYAN PUERTO PEÑASCO Grupo Mexicano de Dearrollo S.A.B. GRUPO SIMOSE GSIM Herhey Mexico Hoata / Herme Hopital Fatima Lo Mochi Sinaloa HUMAN FACTOR INSTITUTO FEDERAL ELECTORAL Ironbit ITR - Turborreactore KidZania La Ciudad de lo Niño KOH MEX, SERVICE, SA DE CV Krono de Mexico Kühne Nagel L. Picard Solucione Financiera LOS PIONEROS MACVAZ: Impelling Human Capital MANUFACTURAS METALICAS AJAX, S.A DE C.V Maracu5 71

72 72 Marcatel COM MAXCOM TELECOMUNICACIONES MEAD JOHNSON NUTRITIONS Mercaei S.A de C.V Merrill Lynch Metal Eutectic MFG INDUSTRIAL,S.A. DE C.V. Microoft Plexu conultoria PRESTADORA DE SERVICIOS ALA IND. DEL METAL PRICE SHOES MEXICO PricewaterhoueCooper SC Producto Ideal de Mexico SA de CV Pryco Servicio QUALITY AT WORK, S.A. DE C.V. Randtad at Schneider Electric Sear SECONASE Siemen Sigal ervicio en Admon/ Sigpack. SISCOMV TECNOLOGIA AVANZADA, S.A. DE C.V. Sportium Club, México The Coca-Cola Company The Nielen Company Uniem, S.A. de C.V. UNISYS Up Viaje Chao VIVEICA ViveIntellego WAL MART SRL DE CV MOLDOVA Endava NEPAL Kathmandu Upatyaka Khanepani Limited NETHERLANDS Aon Group Netherland Booz & Company CFS B.V. Dräger Safety Nederland B.V. Frehfield Bruckhau Deringer GarantiBank International N.V. ING Group McKiney Minitry of Jutice Minitry of Jutice MSA n90 Nyingh advocaten-notarien NV Penke Philip Randtad Robeco Schiphol Group Tyco Flow Control NEW ZEALAND ADHB AgReearch Bell Gully Collier International New Zealand Ltd Correction Department ERMA New Zealand Fonterra Holme Conulting Group KPMG KS Meridian Energy MetService Minitry for Culture and Heritage Reerve Bank of New Zealand Schneider Electric Scion Traffic Deign Group Ltd Tranpower New Zealand Limited NIGERIA Netle Nigeria Plc NORWAY Aibel AS Arkwright Norway Deloitte DNV Microoft SINTEF The Boton Conulting Group TrygVeta OMAN Al-Khalij Heavy equipment&engg.llc BDI Daewoo Engineering Infratructure Development Co. KR LARSEN & TOUBRO Majan mining company Oman Arab Bank Public Etablihment of Indutrial Etate PAKISTAN GETS Minitry of agriculture NUST DELETE o2 Oil extraction RAHNUMA FPAP, PAKISTAN S.Abdulla Scotmann Pharmaceutical & Wilon (Luxury Retail) Shamal Medai Service SVA Ruba Group PERU Alimento Proceado S.A. APC Corporacion S.A. Corporación Mara S.A. Fundación Contra el Hambre en el Callao Geokinetic Gielly Line HPI Iccga indumotora

73 INGMEDIOS Rútica odexo peru ac Tecnocom TEXTIL CREDISA TOMOCORP SAC PHILIPPINES Acce Worldwide Philippine Inc. Aegi PeopleSupport Azeu Sytem Philippine City Government Deutche Knowledge Service ING Bank N.V. lgu kolambugan, lanao del norte Local Government Unit of Maitum Manabat Delgado Amper & Co Monde Niin Corporation WideOut Technology Service Incorporated POLAND abc ABC DATA Centrum Edukacyjne Sp.z.o.o. Agena Development S.A. Alexander Mann Solution Allianz APPKB DESCON p. z o.o. Autentika Bank Pekao SA Buine Conulting Iwona Szybka Caimir Pulaki Foundation CEPD Chrono International Ltd Citibank International Plc Polih branch Citigroup Computari Poland Comtegra Sp. z o.o. Covance Divera Talentor Dr Irena Eri ECDDP Outourcing Sp. z o.o. Giano Conulting GPP Poland Sp. z o.o. Green Park Conultant Ltd. Hortex Holding S.A. IBM Poland ITalent S.A. JM TRONIC Limited Liability Company Katcon Polka Koettermann KOSMEPOL Kraft Food Poland LYRECO PL MAW Telecom MicroStrategy Poland Mobica Limited Sp. z o.o. MSOURCE NTP Orbi (a part of Accor Group) P.W. Maroma Com Sp. z o.o. PayPal Polka Sp. z o.o. Peek Traffic Pentor Reearch International Peronnel Agency Platal Poteru Sp. z o.o. Reckitt Benckier Red Bull Seal Concept Polka Sp. z o.o. hepherd intitute Skanka S.A. TGMPARTNER TUnŻ Cardif Polka S.A. URSA WHM Polka LABORAL CONSULTING SAC PORTUGAL Bluework - Medical Expert Diagnoi DIAGEO PORTUGAL Efacec ISA - Intelligent Sening Anywhere, S.A. Procter & Gamble de Portugal Reiquímica - Reina Química, SA SUBIC BAY METROPOLITAN AUTHORITY QATAR CBM-AFRINA LLC Landmark Group Orion Project Service WLL Shell TFI the look company Toyota Qatar ROMANIA ADM FARM Advice EMA Partner Aerotravel Agricover Group of Companie AIR LIQUIDE ROMANIA Alter Ego Service Apropo Media ARDAF SA ASSA ABLOY ROMANIA AtraZeneca Auto Cobalcecu Banca Tranilvania SA BDO Romania BP Brainer Conulting LTD cabinet pari CDM CEC Bank CENTROFARM Cetelem IFN SA CLUBUL DIPLOMATIC BUCURESTI Combo Trading CONNECTRONICS ROMANIA SRL CRSC Europe CTM Deloitte Electrolux Romania Elmec Romania EMPORIKI BANK Enight Management Conulting EUCOM ROMANIA 73

74 74 Foretar SA Freecale G4S GENESYS SYSTEMS RO Georg Ficher Piping Groupama Aigurari GSK CHC Heineken Romania hr management club IMSAT SA ING Aigurari de Viata ING Bank Romania InnerLook ITOL Iventa Management Conulting J INFO TRAINING Ltd. JW Marriott Bucharet Grand Hotel JW Marriott Bucharet Grand Hotel Lifelong Learning Solution Ltd Meridian Metri&VTO METROUL MMM Conulting Intl NCH Advior INC Netbridge Service niciaia OMV Petrom Oracle Perform HR PerformHR PIC Piraeu Bank Romania QUEHENBERGER LOGISTICS ROU SRL RAUTAKIRJA ROMANIA, R-KIOSK ROMANIA SA Renault Technologie Roumanie robot rl Romanian Public Radio S.C. CASA NOASTRA S.R.L. S.C. COVALACT S.A. SAP Romania SBS Broadcating Media SC Adevarul Holding SRL SC IMSAT SA SC PIETROASA SA BUZAU ROMANIA SC Piritex SA SC PROFIPET COM SRL SC Seth & Partner Conultanta rl SC SMART SIGMA SRL SNACK ATTACK SRL Steilmann Romania Step Ahead Supreme TEHNOELECTRIC SERV SRL Telelink Service Romania Trenkwalder UniCredit Leaing Corporation IFN SA UniCredit Tiriac Bank United Sytem of Intant Payment Ro Vimetco Vodafone Romania Wipro Technologie RUSSIA Adida Group Admiral aefadf adfadf ALICO American Expre Bank LLC, Ruia AtraZeneca Ruia AtraZeneca UK ltd Barclay Bank Ruia Britih American Tobacco CapacityPro Caterpillar CBS ERP CIFAL CiV Life Commerzbank Euraija ZAO DIEBOLD ECRO Reearch Group EDC Eli Lilly Ernt & Young Ernt&Young Gazprombank GEONEFTEGAZ GRP-Service КГ КОНСОРТ H.J.Heinz Heineken Heinz Ruia IBS Intel Corporation Olga Kimberly-Clark Knight Frank KPMG Manpower CIS LLC MegaFon Merck Sharp & Dohme Idea, Inc. Mettler Toledo Microoft Ruia MLG Mobile Teleytem Morgan Hun Netle Netle Ruia newpaper rotov don Novarti Conumer Health, Ruia Novarti Pharma Oti Eatern Europe OTP Bank Ruia Pharm - Project M Pharmacy chain 36,6 PricewaterhoueCooper PricewaterhoueCooper Ruia B.V. Renaiance Credit Renault RUSFIC LLC Sanofi-aventi Shtokman project Sitema JSFC SPD Sperry Sun TCHIBO CIS LLC Telematic ltd. TNK-BP Town newpaper Rotov-Don UPM-Kymmene WetCall Telecommunication Аbolut bank Администрация города Шахты

75 АНО Агентство кадровых решений АО Конфеты Караганды Банк ДельтаКредит БДО Россия Газпромнефть Марин Бункер ГП РЕСТЭК Группа Компаний васаби Группа Си-Ай-Джи ГЭНДАЛЬФ ЗАО Грант Торнтон ЗАО Донская кондитерская фабрика ЗАО Колгейт-Палмолив ЗАО НПО Знамя труда им. И.И. Лепсе ЗАО Пивоварня Москва-Эфес Келли Сервисез Корпорация Союз Нестле ОАО МДМ Банк ОАО НК Роснефть ОАО Ростелеком ОАО ТрансКредитБанк ООО Мастер Профиль ООО Океан ООО РДВ-медиа ООО Росгосстрах ООО Технологии Бизнеса ООО Управляющая компания Река-Море ООО Эйвон Бьюти Продактс Компани ООО ЭЛИТА-Дон ООО Южный город ООО Роберт Бош РЕСО - Гарантия Рустико СБЕРБАНКА РОССИИ ОАО СРЕДНЕРУССКИЙ БАНК ТНК-ВР ТНК-ВР Менеджмент Тройка Диалог Управляющая компания Гранти, ООО Холдинг RBI RWANDA VB Leaing SAMOA Konenia SAUDI ARABIA A.M.AL-ISSA CONSULTING ENGINEERS Abdul Latif Jameel Co. Abdul Latif Jameel Group Abdullah A.M. Al Khodari Son Co Acxiom MENA Al Rahed Food company Ltd ALBAIK Food Sytem Ibn Zahr KPMG Microoft Arabia OILWELL7.com RAPCO GROUP RTFES Saleh Hamad Al-Qahtani et. SAMSUNG ENGINEERING audi aramco bg SUMMIT SAUDIA SERBIA AND MONTENEGRO Apatinka pivara Human Reource Conulting ICAP Serbia IWA Mediabrand Serbian Aociation of Employer Telenor d.o.o. Telenor Serbia World Viion YUnet Internaional SINGAPORE Accenture Acenda Private Limited CB&I Lummu Citigroup Egre Recruiter Fitne Firt Johnon & Johnon Minitry of Trade & Indutry Molex Far Eat South Mgmt Co PTe Ltd Nomura Singapore Limited PARKWAY HEALTH Republic Polytechnic Roll-Royce Singapore Pte Ltd Schlumberger Shell Eatern Trading Ltd. Singapore Singapore Polytechnic Singapore Youth Olympic Organizing Comittee Standard Chartered Bank TOTAL OIL Unilever SLOVAKIA VSE Slovakia SLOVENIA Airport Ljubljana (Aerodrom Ljubljana, d.d.) Bioik Krka Mobitel, d.d. SLovenia SOUTH AFRICA Altech UEC (Pty) Ltd BTS CSIR Edcon South African Revenue Service Sulzer Chemtech (Pty) Ltd Wine People Trading cc SOUTH KOREA (주)한진해운 ASK Now-ETO Ernt & Young GM DAEWOO Hyundai Corporation JS & F, Inc. KAIST (Korea Advanced Intitute 75

76 76 of Science and Technology) KT (Korea Telecom) KT(Korea Telecom) LG Diplay LS Minitry of Foreign Affar and Trade The Boton Conulting Group The Prudential Life Inurance Company of Korea, Ltd. TOPPAN YoungWooHighTech 대우일렉트로닉스 두산그룹 에코프론티어 웹케시(주) 코오롱건설(주) SPAIN A.T. Kearney BTS Chiquita International ESADE Foundation European Software Intitute Mercapital Schneider Electric Somanetic Corp. Talent Radar - icriterion ubd SRI LANKA Excel Global Holding Geney German Development cooperation SUDAN UNO SWEDEN Accenture BAT Sweden BAT Sweden AB Mannheimer Swartling Mölnlycke Health Care nord market RUAG Space AB Saab AB Skanka Sweden Swilog AB Volvo Car SWITZERLAND Cambridge Technology Partner Compar Coty Pretige Energie Waer Bern EPFL F. Hoffmann-LaRoche AG General Electric ICRC Johnon&Johnon Mikron Phonak AG Pictet & Cie ptr Schindler Management Ltd SF Schweizer Fernehen Swi Federal Nuclear Safety Inpectorate Swi Life VASCO Data Security Vectronix AG VISCHER AG Zurich Kantonalbank TAIWAN EBSCO 台 北 榮 民 總 醫 院 TANZANIA Mount Meru Group, QURST THAILAND College MSIG Inurance Paul & Co (Thailand) Limited Proma 2001 Co.,Ltd. T.N. Information Sytem T.N. Information Sytem Ltd. TURKEY EUROBANK TEKFEN Opet Petrolculuk A.S. Pirelli Unilever Uzel UGANDA ERNST & YOUNG UKRAINE ALD Automotive ALICO Ukraine Atelit Ater AVON Cometic Ukraine AXA Britih American Tobacco Ukraine CONCERN NIKO DTEK EatOne LLC Employment Center of KNU of T.Shevchenko Ericon Erte Bank Firt Ukrainian International Bank HR Center HRD IBMUkraine Infopule Ukraine INTERPIPE JSC Farlep Invet JT International Company Ukraine KPD: Knowledge, Performance, Development LG Electronic Lviv DELETE of UCU Mary Kay Melexi Melexi-Ukraine Metro Cah & Carry Ukraine Miratech Monanto Mriya AgroHolding Novarti OBI Ukraine OTP Bank Procter & Gamble Recruitment International

77 Conultancy Service Salvutich, Carlberg group SC Johnon Shell Syngenta Ukraine Sytem Capital Management Terraoft The PBN Company The State Export-Import Bank of Ukraine (JSC Ukreximbank) Ukrne Ukribbank Ukrotbank Unique coefficient Winner Import Ukraine АО Эрсте Банк (публичное) АСТРА БАНК АТ Райффайзен Банк Аваль Бош Витмарк - Украина ДТЭК ЗАО Сегодня Мультимедиа ИНТЕРПАЙП ИСК АЗБИ ЛКГ Международный автомобильный холдинг Атлант - М Мировой центр данных по геоинформатике и устойчивому развитию Мэри Кэй (Украина) Лтд ООО Звёзды энтерпрайз ООО ДЦ Украина ПАО Платинум Банк ПЗУ Украина и ПЗУ Украина страхование жизни Райффайзен Банк Аваль рекрутинговая компания Астрагал СЕБ Банк Ситроникс ИТ ЮФ Саенко Харенко UNITED ARAB EMIRATES ABC Con. abu dhabi commercial bank Al Futtaim Group Al Ghurair Food Al Zubair General Trading Et American of Sharjah ANCG ARABIAN CONSTRUCTION CO. ARABTEC Aawer Oil & Ga FZE Acent Buine Conultant Bayt.com bnt BT Capitala Crown Prince Court DUBAI ALUMINIUM CO LTD Dubai Media Incorporated Dubai Petroleum Dubai Silicon Oai Authority Emirate National Factory for Platic EmirateNBD EnviTech Middle Eat for Energy and Water ETA Acon Group EXCEL INDUSTRY CO LLC FedEx GHQ Armed force GLOBAL MANUFACTURING GULF Computer HR Middle Eat HSBC Bank Intitute of Management Technology, Dubai Jumbo electronic Khalifa Fund for Enterprie Development Kharafinational Kwik Steel Structure FZCO Land mark group LV Salamanca Ingeniero S.A. MAF ORIX Finance JPSC. Marina Gulf Trading LLC Mahreq Bank MBC FZ LLC MIGT LLC MUSHRIF National Bank of Abu Dhabi Pyrotek FZE quet ROBODH CONTRACTING CO LLC ROBODH CONTRACTING CO LLC,DUBAI Rotana Hotel Saipem S.p.A Samung Gulf Electronic School Tranport Service Shell un engineering un engineering & contracting L.L.C The Network Center Trading White and Cae LLP Worley Paron UNITED KINGDOM A.T. Kearney Accenture adida Group AEAT Airbu Allen & Overy LLP Allianz UK Ahurt LLP Aociation of MBA AXA Invetment Manager AXA UK Babcock, Marine Diviion BAE Sytem Barclay Capital BBC Global New Beer LLP BLT Bombardier Aeropace Bovi Lend Leae BP Britih Airway plc BSkyB BT Cabinet Office Capgemini UK plc Cel ltd Chatham financial Chiltern 77

78 78 Civil Service ConocoPhillip (UK) Limited ConocoPhillip (UK) Ltd Culture and Sport Glagow Defaqto Deloitte Diageo Diamond Management and Technology Conultant DLA Piper E.ON UK Eurotar International Limited Fluke UK LTd Food Local Food Ltd Foter Wheeler Energy Limited FSA Game & Wildlife Conervation Trut Golden Opportunitie Pvt. Ltd. - Lat Employer Grant Thornton Grieron Limited Harrod Ltd Herbert Smith LLP Highway Agency hjk HSBC HSBC BANK IBM IMI plc Jaguar Land Rover John Lewi juhuhuh Lawrence Graham LLP Lilco Ltd Lincolnhire Partnerhip NHS Foundation Trut London Borough of Barking & Dagenham Mark and Spencer Marton PLC MC2 (Mancheter) Ltd Mformation Microaic Moore Stephen LLP Morgan Cole Morgan Stanley NHS OCS Group UK Ltd One North Eat Oracle P&G UK Perona Partnerhip Petrofac Powy County Council PricewaterhoueCooper Procter & Gamble RBS Red Commerce Redcar & Cleveland Borough Council Reed Reed Smith Reliance ADA Group (UK) Pvt Ltd Retail Eye Rothchild RSM Tenon Selex Galileo Shepherd and Wedderburn LLP Simply Buine Skill Limited Standard Bank Taylor Weing LLP Teach Firt THALES T-Mobile TNT Expre Total Credit Management Trafigura Tube Line TUI Travel Turbulenz Limited Valentine Thoma & Partner Virgin train Vodafone wetern geco, chlumberger Worceter Black Ltd Yummy Job UNITED STATES 3M ABA Adobe Sytem Inc Agilent Technologie Allied Inurance, a Nationwide Company American United Center AMI International Applied Computer Service Applied Strategie International, LTD Arber Aociate Archtone Avnet Bain & Company Bank of America BB&T Bendter BlackRock Boch Boulder County Brookource BSW Wealth Partner Burrough Payment Sytem Inc CaridianBCT CAST Management Conultant Caterpillar CEMEX CIGNA Cirru Logic Inc Cirru Logic, Inc Cico Sytem Citibank, NA CITIGROUP City of Boulder, Colorado Comcat Continental Airline Covidien CP delta air lince Demarche Conulting Group Diamond Wirele Donaldon India Filter ytem pvt Limited Dow Corning duff & phelp llc Eaton Corporation Education Pioneer EL Pao County Government EMC

79 EMC Corporation Enterprie Holding Envivio Firt Financial Equity Corporation Firt Midwet Bank FNC, Inc. Fremont Group Frito-Lay Fujitu America G.I.T. LLC GE GE Capital General Mill General Motor Geron Lehrman Group Ghavater Servcie Ghirardelli Chocolate Company GIT LLC Globalquet Solution inc GOJO Indutrie Government Dept Gulftream Aeropace Harrow HaOffer.com Hirtle Callaghan and Co. LLC Hitachi Conulting Honeywell Intl. HP IBM INPUT, Inc. Integrated Care Management, Inc Integrated Care Management, Inc. Integration Point, Inc. Intel Corporation Johnon & Johnon Kaplan Tet Prep & Admiion Keyence Corporation Kimberly-Clark KING COUNTY Knightbridge Aet Management, LLC KPMG LLP LetMePay S.A. Oddział w Polce Liberty Mutual Group Lighthoue Financial Service, Inc Lockheed Martin Aeronautic Company Lowe Companie, Inc. LSI Corp Lyon Real Etate marh Mattre Firm MAYA Deign, Inc. MBA McGladrey McGraw-Hill Medtronic Microoft MidMichigan Medical Center - Midland Moveable Feat Mobile Media MREI,LLC MWV MyEdu Next Step Adviory Group Nipco None Northwetern Mutual Financial Network Novu International, Inc. OAS Staff FCU Omaha Public Power Ditrict ORSA Corporation Ortho Clinical Diagnotic a Johnon & Johnon Co. Oram Sylvania Owencorning India Ltd. PAC LLC Paramount Equity Pathfinder Sytem Polycor Georgia Marble Polycor Inc. PPG Indutrie, Inc. Praxair Inc PREP Intl Profeional Engineering Conultant, P.A. Quetar Reed Smith LLP Ritzee.com Rocky Mountain Bank Royal Danih Conulate General RSC Equipment Rental RSM McGladrey Sage Schneider Electric SEMS Foundation Shea Home Shell Oil Company Shepard Aociate Shopko SiRF Technology, a CSR company Slalom Conulting Starwood Hotel and Reort STIHL Inc. Sun Life Financial Swanon Rink Synovate Target Tata Conultancy Service TATA Conultancy Service Ltd TD Bank TeamSnap Inc. TECMA temple The Buine Development Company The CareWorik Family of Companie The Modeller The Whiting-Turner Contracting Company The World Bank Group TIBCO Software Inc. tkg toragemart parter, l.p. TMP Worldwide Trimble Navigation Limited Tri-State Generation & Tranmiion Turner URP Vanguard Verite Vertafore vitaminwater Well Fargo Wet Tenneee Healthcare Xavor Corporation Yahoo!, Inc. 79

80 80 Year Up General Motor UNKNOWN A.P.Moller Foundation Acer Inc. Al-Haan Engineering Co. SAOG. Amrut ditillerie Ltd an-mary Artech Information Sytem Beacon Aociate, Inc. Checkmate Service Pvt Ltd CMS DNP INFRASTRUCUTRES PVT LTD DNV DSM Flextronic FRESHER genpact Glenrand M I B Goldman Inurance Ltd Grace Conultancy idea cellular pvt ltd INDO Conultore Intitute of Management Study Janen - Cilag Pharam M.Edion & Company (P) Ltd. mahindra conveyor ytem NTN Offbeat Deign Reource Hunt Group SEGURIDAD SEVEN SEAS DISTILLERY LTD Sprint Technologie Pvt Ltd Staple Future teltra international TIME SUITES AND APARTMENTS URAC V-Cuomer URUQUAY Correo Uruguayo TCS U.S. Embay - Department of State VENEZUELA ACBL DE VENEZUELA Actualmente deempleada Adminitradora Lockey, C.A. Alcatel-lucent AMINA, C.A. ANAYANSI Anru Mileniun C.A Arte Y Ambiente 1826 Punto De Fabrica Atla Marine Banco Mi Caa Betel+ perfume C.A BFC C.A Metro de Valencia C.A.Quimica Integrada Carrocería Andina C.A. Cemex Cenco-Zotti CENTRAL MADEIRENSE, C.A. Ceramica Carabobo Chryler Financial ervice Venezuela cintigo caa de oftware ca Coca Cola Fema dd Venezuela coca cola fema de venezuela Comercial Reye, c.a. (Centro 99) COMERCIALIZADORA ROMERO 2000 C.A. CONSTRUCCIONES ELECTRICAS BYS CONTRALORIA MUNICIPAL DE SAN CASIMIRO Cooperativa Bria del Lago 991, R.L COPROCEL, C.A. CORPORACION ELECTRICA NACIONAL (CORPOELEC) CVC DIGITALARM C.A. Emprea Tapa Amarilla ENVASES VARIOS ESTATAL CVG Faramtodo farmahorro F-A-UNO CA Gobernacion del Etado Tachira GREENTECH DE VENEZUELA Grupo Contech grupo Mar Hacienda Chinazon C.A. Indutria Biopapel, C.A. Inverione Cofradia, C.A. - Policlínica Guacara INVERSIONES EQUIVALENCIA Inverione Jean c.a INVERSIONES PRONAUTICA C.A. INVERSIONES SELVA, C.A IVECO DE VENEZUELA,C.A. Kia Mueble C.A. Locatel miniterio del trabajo Multiervicio de Montacarga Robinei, C.A. natural nutrition center NATURALMENTE BELLA, C.A. Odontoexpre Ofic-Ae C.A. Optica Caroní Pandock, C.A. Pata Capri C.A POLICIA METROPOLITANA DE CARACAS PRAXAIR PRC333 PROCA Producto Mixto Promix, C.A. Protección 2010 Quimbiotec Seravian, C.A. SERVICIOS GASTRONOMICOS GISEL SIGN MEDIOS, C.A. Sociedad Anticanceroa del Etado Aragua Suminitro de Peronal, C.A. SYMOCA Varia VENEZUELA MARRIOTT HOTEL PLAYA GRANDE VH EXPRESS YEMAN Total E&P Yemen

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