Top 100 MBA Top 50 Online MBA Top 50 Finance Top 50 Marketing Top 50 Management Factor Rankings Methodology GLOBAL BUSINESS SCHOOL RANKINGS 2012

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1 Top 100 MBA Top 50 Online MBA Top 50 Finance Top 50 Marketing Top 50 Management Factor Rankings Methodology GLOBAL BUSINESS SCHOOL RANKINGS Youth Incorporated NOVEMBER 2012

2 Presenting Partner Online Partner YOUTH INC RESEARCHES, AGGREGATES AND RANKS THE BEST BUSINESS SCHOOLS IN THE WORLD Welcome to the Youth Incoporated, DNA and Rediff.com Global Business School Rankings In attempt to identify, gauge and classify the best business schools in the world that provide not just quality education but also an overall satisfying experience, we present to you the fruits of our research: the top 100 schools for an MBA (full-time), the top 50 for degrees in Finance, Management and Marketing, and the top 50 schools for an online MBA. In a throwback to the Global University Rankings we did last year, the first two top schools here Harvard and Stanford are verily the same as in our last effort, proving that these schools are truly the best at everything they do. Running down the list, there are both familiar and new names, indicating a rise in the number of premier B-schools in the world. Some are surprise inclusions in terms of their higher ranking and some are shockers because of their lower ranking. But what is most telling in our research is that sole business institutions are now no more the hallowed temples for an MBA; multi-programme universities are fast becoming the chosen destinations for students. TOP 100 MBA SCORE 1 Harvard University USA Stanford University USA University of Pennsylvania USA Columbia University USA London Business School UK 99 6 INSEAD France IE Business School Spain MIT USA 98 9 University of Chicago USA IIM Ahmedabad India Northwestern University USA University of California at Berkeley USA New York University USA Dartmouth College USA Hong Kong UST China Indian School of Business India IIM Calcutta India IMD Switzerland 93 NOVEMER 2012 Youth Incorporated 19

3 SCORE 19 Duke University USA Yale University USA Cambridge University UK Oxford University UK Cornell University USA HEC Paris France National University Singapore Singapore University of Manchester UK University of Virginia USA IESE Spain Australian Graduate School of Management Australia CEIBS China University of Hong Kong China ESADE Spain Nanyang Technological University Singapore Imperial College UK Carnegie Mellon University USA Chinese University of Hong Kong China University of Melbourne Australia University of Michigan Ann Arbor USA Georgetown University USA SDA Bocconi Italy University of Toronto Canada McGill University Canada Rotterdam School of Management Netherlands University of Cape Town South Africa Peking University China Rice University USA University of California at Los Angeles USA Emory University USA Penn State University (Smeal) USA Indiana University (Kelley) USA York University Canada University of Western Ontario Canada University of Southern California USA Washington University (Olin) USA University of Rochester (Simon) USA University of Washington (Foster) USA Purdue University USA Texas A&M University (Mays) USA City University London UK 72.8 Harvard University A new player (at least in developing countries) in the realm of business education is the online MBA. Given the pressures of a professional life and the need to constantly update one s knowledge and skills, MBA programmes have begun being conducted 100% online and are gaining popularity. However, the leaders in this initiative are not the old guard but the relatively younger schools. Read more on our analysis of an online MBA degree on pages 24 and 25. What sets apart these rankings is that credence has been given to responses from the institutions, the students, alumni and recruiters, giving our data the depth of multiple perspectives. While they were quizzed on the usual value for money and programme quality concerns, students also had to give their feedback on the diversity in their classrooms, career services available to them and exchange programmes in their schools. We also relied heavily on recruiter satisfaction to see how the institutes stacked up in the real world. 20 Youth Incorporated NOVEMBER 2012

4 MICHAEL KAPPEL THE INDIA STORY One Indian institute has made it to the top 10 and four in the top 100, but let us not feel self-congratulatory yet. Let us instead ask, Why only four? China has five schools in the top 100, one more than us, but let s take a closer look at them: Peking University (rank 45), for instance, reported that the percentage of Western students studying in their full-time Beijing International MBA programme increased from 5 per cent in 2006 to 35 per cent in On graduating, their students were offered jobs from over 250 companies as diverse as JP Morgan, Apple and Louis Vuitton. As for their faculty, they have more than 40 professors from North America and Europe. This throws light on some problems plaguing Indian B-schools. We do not have a diverse, international student body or faculty, perhaps because we still place emphasis on rote learning when the rest of the world does not. Where are our non-iims? The IIMs alone cannot be serious competition to the likes of Harvard and LBS. Other Indian B-schools must be raised to that standard. India is a great place to study, but it needs a lot of work to be recognised as such internationally. SCORE 60 University of Texas at Austin USA Cranfield University UK University of North Carolina (Kenan-Flagler) USA Ohio State University (Fisher) USA Boston University USA Vlerick Business School Belgium University of Minnesota (Carlson) USA Boston College USA Incae Business School Costa Rica University of British Columbia Canada Queens University Canada Coppead Brazil Pontificia Universidad Catolica de Chile Chile University of Edinburgh UK Business School Sao Paulo Brazil Mannheim Business School Germany Macquarie Graduate School of Management Australia SP Jain Institute of Management India Michigan State University (Broad) USA Copenhagen Business School Denmark University of Alberta Canada American University in Cairo Egypt Universidad de Chile Chile University of South Carolina USA University of Miami USA IPADE Mexico University of Notre Dame USA Babson College USA University of California Irvine USA Brigham Young University USA Thunderbird Graduate School USA Georgia Institute of Technology USA Lancaster University UK George Washington University USA University of Warwick UK Bond University Australia Queensland Institute of Tech Australia Southern Methodist University USA Wake Forest University USA University of Pittsburg USA University of St.Gallen Switzerland 54 NOVEMBER 2012 Youth Incorporated 21

5 TOP MBA DISTRIBUTION TOP US B-SCHOOLS 1 Harvard University USA 2 Stanford University USA 3 University of Pennsylvania USA 4 Columbia University USA 5 MIT USA 6 University of Chicago USA 7 Northwestern University USA 8 University of California at Berkeley USA 9 New York University USA 10 Dartmouth College USA Stanford University IE Business School TOP UK B-SCHOOLS GE HOPKIN ON BEHALF OF IE BUSINESS TOP EUROPEAN B-SCHOOLS 1 INSEAD France 2 IE Business School Spain 3 IMD Switzerland 4 HEC Paris France 5 IESE Spain 6 ESADE Spain 7 SDA Bocconi Italy 8 Rotterdam School of Management Netherlands 9 Vlerick Business School Belgium 10 Mannheim Business School Germany 1 London Business School UK 2 Cambridge University UK 3 Oxford University UK 4 University of Manchester UK 5 Imperial College UK 6 City University London UK 7 Cranfield University UK 8 University of Edinburgh UK 9 Lancaster University UK 10 University of Warwick UK 22 Youth Incorporated NOVEMBER 2012 London Business School WIKIMEDIA COMMONS USER BJOERTVEDT

6 TOP ASIAN B-SCHOOLS 1 IIM Ahmedabad India 2 Hong Kong UST China 3 Indian School of Business India 4 IIM Calcutta India 5 National University Singapore Singapore 6 CEIBS China 7 University of Hong Kong China 8 Nanyang Technological University Singapore 9 CUHK China 10 Peking University China University of Toronto IIM Ahmedabad TOP CANADIAN B-SCHOOLS 1 University of Toronto Canada 2 McGill University Canada 3 York University Canada 4 University of Western Ontario Canada 5 University of British Columbia Canada 6 Queens University Canada 7 University of Alberta Canada University of Melbourne Australian graduate school of management TOP AUSTRALIAN B-SCHOOLS 1 Australian Graduate School of Management Australia 2 University of Melbourne Australia 3 Macquarie Graduate School of Management Australia 4 Bond University Australia 5 Queensland Institute of Tech Australia NOVEMBER 2012 Youth Incorporated 23

7 TOP 50 ON SCORE 1 IE Business School Spain University of Florida USA Arizona State University USA 99 4 Imperial College UK Babson College USA 98 6 Drexel University USA 97 7 George Washington University USA 96 8 Indiana University Bloomington USA 95 9 Thunderbird Graduate School USA Northeastern University USA Syracuse University USA Temple University USA Penn State University USA North Carolina State University USA University of North Carolina Chapel Hill USA University of Strathclyde UK University of Warwick UK University of London (Royal Holloway) UK University of Edinburgh UK Suffolk University USA Virginia Tech USA University of Michigan Dearbon USA Pace University USA Florida State University USA University of Derby UK 78 MBA GOES ONLINE There has been a drastic increase in the number of students opting for online courses in recent times. According to Ambient Insight, the global e-learning market is said to reach a whopping `2.5 lakh crore (about US$47.2 billion) by Most prospective B-school students hesitate to commit to a two-year programme due to lack of funds, lack of time and preference for work experience. These students are choosing online MBA programs over conventional courses to meet their requirements. WHAT IT INVOLVES Pursuing an online MBA degree allows you to receive your study material from an international, local or well known university without leaving your computer. You can contact your professors and other students through web chat sessions, Skype calls and so on. Some institutes also arrange discussion meetings of students from one particular location. Assessments are carried out through periodic online examinations and tests. THE OPTIONS Online MBA programmes: These are taught entirely online and the student need not visit the university for any purpose. Combination MBA programmes: In these programmes, the learning is 24 Youth Incorporated NOVEMBER 2012

8 LINE MBA divided into online sessions as well as classroom sessions. THE BENEFITS The biggest pro of pursuing an online MBA is that it allows you the flexibility of working while studying. Therefore, both your practical and theoretical knowledge witness a simultaneous increase. There is also the significant advantage of making money while you study. Another valuable benefit is that you can implement your learning in your professional life instantly, giving you immediate gratification. There is also the added advantage of owning a global degree, without the extra expenditure. An online MBA is also a viable option for students who want to escape the pressures of competitive exams as it is easier to gain admission for an online course. THE DRAWBACKS The most obvious drawback of the online MBA is the lack of human connect. There is no interaction with fellow students and immediate guidance from professors. There are many other benefits that online MBA students can t enjoy, such as industry SCORE 26 Hofstra University USA Florida International University USA Auburn University USA University of Aston UK University of Nebraska Lincoln USA University of Texas Dallas USA University of Liverpool UK University of Leicester UK Walden University USA Deakin University Australia SBS Business School Switzerland James Madison University USA University of Maryland UC USA Robert Gordon University UK Curtin University Australia Ball State University USA University of Massachusetts - Amherst USA University of Memphis USA Portland State University USA Rowan University USA Kennesaw State University USA Educatis Switzerland Oxford Brookes University UK EUDE Spain Athabasca University Canada 53 visits and networking with important people from the industry. Also, an online programme is suited only for people who are disciplined and selfmotivated as classroom pressures are not present in such an education. BOTTOM LINE If you have an online MBA degree and are competing with someone with a campus degree, you might probably be the second choice for the job. However, if you have both work experience and an online degree, your chances will improve significantly. Online MBAs are thus more suited for people who have attained posts they don t want to give up, but are still keen on updating their knowledge and keeping up with developments. Most importantly, one needs to ensure that the college offering the online MBA is recognised by national accrediting bodies (these differ from country to country). Double and triple check the college s affiliation. NOVEMBER 2012 Youth Incorporated 25

9 TOP 50 FINANCE OUT-OF- THE-BOX TEACHING } 80% OF POLLED STUDENTS REPORTED THAT THEIR TEACHERS USED INNOVATIVE TEACHING METHODS IN THE CLASSROOM } SCORE 1 London Business School UK Princeton University USA IE Business School Spain MIT USA 99 5 London School of Economics UK ESSEC Business School France 98 7 HEC Paris France 97 8 Oxford University UK ESCP Europe Europe University of Texas at Austin USA Texas A&M University USA Peking University China Grenoble School of Business France Imperial College UK EDHEC Business School France Boston College USA University of St.Gallen Switzerland University of Warwick UK Purdue University USA Vanderbilt University USA EMLYON Business School France City University UK Cranfield University UK Washington University St Louis USA University of Illinois UC USA 82 SCORE 26 Stockholm School of Economics Sweden University of Rochester USA University of Maryland College Park USA Rotterdam School of Management Netherlands George Washington University USA EADA Spain Nova School of Business & Eco Portugal Michigan State University USA Ohio State University USA University of Bath UK University of Manchester UK University of Reading UK Università Bocconi Italy Vlerick Business School Belgium University of Arizona USA University of Florida USA University of Utah USA Lancaster University UK University College Dublin Ireland Northeastern University USA University of Nottingham UK University of Strathclyde UK Villanova University USA Tulane University USA University of Colorado Denver USA 59 FIND YOUR OWN INTERNSHIPS LONDON BUSINESS SCHOOL 60% OF THE SURVEYED SCHOOLS DO NOT ORGANISE INTERNSHIPS FOR STUDENTS 26 Youth Incorporated NOVEMBER 2012 KASPER DUKE

10 TOP 50 MARKETING NO MONEY, HONEY } 70% OF B-SCHOOL STUDENTS DID NOT RECEIVE ADEQUATE FINANCIAL AID AND SCHOLARSHIPS TO STUDY AT THE INSTITUTE OF THEIR CHOICE } SCORE 1 New York University USA Northwestern University USA 99 3 Columbia University USA Johns Hopkins University USA University of Bath UK 98 6 University of Melbourne Australia ESCP Europe Europe University of Manchester UK 97 9 Erasmus University Rotterdam Netherlands Copenhagen Business School Denmark HEC Paris France EADA Spain Griffith University Australia City University of Hong Kong China ESSEC Business School France Cranfield University UK Texas A&M University USA Imperial College UK BI Norwegian Business School Norway Vlerick Management School Belgium City University London UK ESADE Spain EBS Business School Germany SKEMA Business School France Maastricht University Netherlands 83 SCORE 26 Clemson University USA Lancaster University UK Monash University Australia Aalto University Finland University of Strathclyde UK University of Newcastle Australia University of Nottingham UK ISCTE Business School Portugal King's College London UK Stockholm University Sweden University of Cincinnati USA Fordham University USA Bentley University USA University College Dublin Ireland University of Edinburgh UK Brunel University UK University of Glasgow UK University of Stirling UK University of Kent UK University of Aston UK University of Sydney Australia University of Leeds UK Florida State University USA University of Reading UK Coventry University UK 58 NEW YORK UNIVERSITY GLOBAL STUDENTS POLYTECHNIC INSTITUTE OF NYU 80% OF THE INSTITUTES HAVE EXCHANGE PROGRAMMES WITH OTHER SCHOOLS NOVEMBER 2012 Youth Incorporated 27

11 TOP 50 MANAGEMENT ALL WORK AND NO PLAY } ONLY 30% OF THE SURVEYED INSTITUTES ENCOURAGE THEIR STUDENTS TO PARTICIPATE IN EXTRACURRICULAR ACTIVITIES } SCORE 1 London School of Economics UK IE Business School Spain 99 3 MIT USA 98 4 ESCP Europe Europe HEC Paris France Rotterdam School of Management Netherlands 97 7 EMLYON Business School France 96 8 Mannheim Business School Germany 95 9 Imperial College UK ESSEC Business School France HHL Leipzig Graduate School Germany ESADE Spain Edhec Business School France Grenoble Graduate SOB World University of St.Gallen Switzerland City University London UK Università Bocconi Italy Thunderbird Graduate School USA Vlerick Business School Belgium Duke University USA Bordeaux University France Maastricht University Netherlands Copenhagen Business School Denmark IAG-Louvain Belgium University College London UK 81 SCORE 26 University of Warwick UK HEC Montreal Canada Brunel University UK University of Bath UK Télécom Business School France Norwegian School of Economics Norway Lancaster University UK University of Strathclyde UK Politecnico di Milano Italy University of Economics Czech Rep University of Cologne Germany University of Edinburgh UK Warsaw School of Management Poland Aston University UK University of Reading UK University of Leeds UK BI Norwegian Business School Norway Catholic University of Portugal Portugal Nyenrode Business Universiteit Netherlands Antwerp Management School Belgium Shanghai Jiao Tong University China Aarhus University Denmark University of Nottingham UK Robert Gordon University UK Bradford University UK 56 FEW JOBS ON CAMPUS LONDON SCHOOL OF ECONOMICS ONLY 30% OF THE POLLED BUSINESS SCHOOLS HAVE A DECENT CAMPUS RECRUITMENT SYSTEM 28 Youth Incorporated NOVEMBER 2012

12 FACTOR RANKINGS: AN INSIDE VIEW DIVERSITY OF STUDENTS 1 Columbia University USA 2 IE Business School Spain 3 Harvard University USA 4 Stanford University USA 5 MIT USA 6 University of Virginia USA 7 Cornell University USA 8 HEC Paris France 9 University of Chicago USA 10 New York University USA WHAT GOES INTO THE MAKING OF A WORLD-CLASS INSTITUTION? TO FIND OUT, WE ASKED B-SCHOOL STUDENTS AND ALUMNI ABOUT WHAT LIFE IS LIKE WITHIN THE FOUR WALLS OF THEIR SCHOOLS THERE IS SUFFICIENT GENDER DIVERSITY IN MY CLASS 75 per cent of polled students said their classrooms had a good ratio of male to female students. This shows that the winds in business studies are really changing, with more women ready to take on the roles of entrepreneurs, business women, managers, directors, advisors, consultants and even CEOs. This is a welcome change and we hope it persists. THERE IS SUFFICIENT INTERNATIONAL DIVERSITY IN MY CLASS DIVERSITY OF FACULTY 1 New York University USA 2 Harvard University USA 3 MIT USA 4 Northwestern University USA 5 Dartmouth College USA 6 London Business School UK 7 Duke University USA 8 Cambridge University UK 9 INSEAD France 10 University of Hong Kong China 5% 25% 20% DIVERSITY OF STUDENTS 50% NOVEMER 2012 Youth Incorporated 29

13 VALUE FOR MONEY 1 IIM Ahmedabad India 2 IIM Calcutta India 3 Indian School of Business India 4 National University Singapore Singapore 5 University of Melbourne Australia 6 McGill University Canada 7 University of Toronto Canada 8 University of Hong Kong China 9 Duke University USA 10 Carnegie Mellon University USA THE PROGRAMMES TAUGHT IN MY INSTITUTE ARE INNOVATIVE AND INCLUDE COMPANY VISTS 10% 10% 10% PROGRAMME INNOVATION 70% CAREER SERVICES 1 IIM Ahmedabad India 2 Stanford University USA 3 University of Pennsylvania USA 4 Northwestern University USA 5 Dartmouth College USA 6 University of Chicago USA 7 University of Virginia USA 8 National University Singapore Singapore 9 Columbia University USA 10 Cornell University USA MY INSTITUTION HAS A CAREER SERVICE CELL AND IS WELL KNOWN WITH RECRUITERS A mere 35 per cent of students responded postively to our question, indicating that an active, efficient and well-connected careers cell crucial to business students and graduates is shockingly absent in most of the institutions here. I FEEL THAT MY INSTITUTE HONED MY LEADERSHIP SKILLS EXCHANGE PROGRAMMES 1 London Business School UK 2 INSEAD France 3 IE Business School Spain 4 Columbia University USA 5 Cornell University USA 6 IIM Ahmedabad India 7 Duke University USA 8 New York University USA 9 HEC Paris France 10 Indian School of Business India 30% 10% ALUMNI FEEDBACK 10% 50% 30 Youth Incorporated NOVEMBER 2012

14 THE TEACHING FACULTY AT MY INSTITUTION ARE VERY RECEPTIVE TO DISCUSSIONS, QUESTIONS AND NEW IDEAS 60 per cent of surveyed students said their professors encourage active participation in the classroom, making the teaching sessions more interactive, rather than a one-way monologue. This is a hallmark of quality teaching as the faculty understands and accepts that learning is not limited to just the textbook and the professor and that innovation springs forth from everywhere. 35% OVERALL, I AM VERY SATISFIED WITH MY UNIVERSITY. 5% STUDENT SATISFACTION 20% 40% INNOVATION OF PROGRAMMES 1 IE Business School Spain 2 University of Pennsylvania USA 3 Northwestern University USA 4 University of Chicago USA 5 University of Virginia USA 6 INSEAD France 7 London Business School UK 8 University of Michigan Ann Arbor USA 9 Carnegie Mellon University USA 10 HEC Paris France INNOVATION OF TEACHING METHODOLOGIES 1 Stanford University USA 2 Harvard University USA 3 Columbia University USA 4 INSEAD France 5 University of Michigan Ann Arbor USA 6 Carnegie Mellon University USA 7 New York University USA 8 MIT USA 9 University of Chicago USA 10 IE Business School Spain MY INSTITUTION PROVIDES VERY GOOD CAMPUS SUPPORT INCLUDING HOUSING A question that split the students right down the middle, 50 per cent of them said their institute takes good care of them on campus and the other 50 per cent disagreed. What we understand is that those students who wanted assistance approached the support services and came away satisfied. And those who did not require any help did not approach the support service cell and probably responded negatively. CAMPUS SUPPORT 1 Stanford University USA 2 Harvard University USA 3 University of Pennsylvania USA 4 University of Virginia USA 5 University of Chicago USA 6 National University Singapore Singapore 7 University of Michigan Ann Arbor USA 8 MIT USA 9 McGill University Canada 10 IESE Spain NOVEMER 2012 Youth Incorporated 31

15 STUDENT SATISFACTION 1 Columbia University USA 2 New York University USA 3 Harvard University USA 4 University of Pennsylvania USA 5 Stanford University USA 6 Northwestern University USA 7 University of Chicago USA 8 University of Virginia USA 9 London Business School UK 10 INSEAD France I FEEL THAT MY EDUCATION AT THE INSTITUTE WAS WORTH THE MONEY I SPENT 60 per cent of B-school alumni said their expensive degree was not worth the money. The conclusion we can draw is that as employees in the real world, these business graduates would have become disappointed with the gap that exists between the idealistic atmosphere of the classroom and the gritty actuality of the real world. This is a clarion call to B-schools to make their curriculum more rooted in reality. I FEEL THAT MY CURRENT INSTITUTION PROVIDES VALUE FOR THE MONEY I PAY RECRUITER SATISFACTION 1 Harvard University USA 2 Stanford University USA 3 Dartmouth College USA 4 IIM Ahmedabad India 5 University of Pennsylvania USA 6 Columbia University USA 7 London Business School UK 8 Cornell University USA 9 INSEAD France 10 IE Business School Spain 20% 30% VALUE FOR MONEY 10% 40% ALUMNI SATISFACTION 1 Columbia University USA 2 Cornell University USA 3 University of Pennsylvania USA 4 Harvard University USA 5 Stanford University USA 6 University of Chicago USA 7 Northwestern University USA 8 London Business School UK 9 IESE Spain 10 INSEAD France EXTRACURRICULAR ACTIVITIES 1 University of Chicago USA 2 University of Michigan Ann Arbor USA 3 University of Virginia USA 4 Northwestern University USA 5 Stanford University USA 6 Harvard University USA 7 MIT USA 8 University of California at Berkeley USA 9 Dartmouth College USA 10 Duke University USA 32 Youth Incorporated NOVEMBER 2012

16 RANKING METHODOLOGY HOW DID WE CHOOSE INSTITUTES? We chose 700 institutes across the world after having discussions with students, recruiters and faculty. We also consulted professional organizations such as AMBA, EQUIS and AACSB. Youth Inc s Research Unit (YRU) also studied domestic rankings in various countries to find the best institutes. All the institutes were sent identical surveys. We then contacted current students, alumni, as well as local and international recruiters and gathered specific information about the institutes. NOVEMER 2012 Youth Incorporated 33

17 FACTORS CONSIDERED Recruiter perception 1 Identical surveys were sent to recruiters worldwide. The recruiters were asked to rate the institutes that they were most likely to recruit from. The recruiters were also asked to rate the students they have recruited from specific business schools on several criteria including leadership potential and strategic thinking. 2 Diversity of students The institutes were asked to report the total number of students on campus and what percentage of the students were international and speak two or more languages. Gender diversity of the students was also considered. 3 Diversity of faculty The institutes were asked to report the total number of faculty on campus and what percentage of the faculty was international, hold doctorate degrees and accredited with their own publishing material. Gender diversity of the faculty was also considered. 4 Programme innovation We considered the different ways to construct degree programmes as well as the choice students have in terms of selecting electives. 5 Innovation in teaching methodologies Institutes were asked to select different teaching methodologies that we considered innovative. Some of these included company visits, dual or multiple majors and course collaborations between different departments at the institute. Our list was selected after surveying students across different campuses worldwide. 6 Value for money We considered students and alumni s opinions on whether a particular school was perceived as value for money. We also asked institutes to state the percentage of students who received some sort of funding from the institutes. 7 Campus support We asked the institutes, current students and alumni to select the different types of assistance provided by the student office or a similar body on campus. Our list was selected after surveying students across different campuses worldwide. INFORMATION REPORTED BY THE SCHOOL 8 INFORMATION REPORTED BY CURRENT STUDENTS INFORMATION REPORTED BY ALUMNI Diversity of Students 2% 2% 2% Diversity of Faculty 2% 2% 2% Innovation of Programs 2% 2% 2% Innovation in Teaching Methodologies Value for Money Career service We asked the institutes, current students and alumni about the availability and functioning of a career service cell and how active such a service was for the students. We also considered what percentage of students were actually placed through the institute s career 2% 2% 2% 2% 2% 2% Campus Support 2% 2% 2% Career Service 4% 4% 4% Exchange Programs 2% 2% 2% Student Satisfaction 2% 2% 2% 20% 20% 20% We contacted current students, alumni and local and international recruiters to gather specific information about the institutes. 34 Youth Incorporated NOVEMBER 2012

18 20% 20% 20% 40% Information reported by recruiters Information reported by current students Information reported by alumni Information reported by the school service cell, how long it look for such placements and what the average starting salaries were. 9 INFORMATION REPORTED BY RECRUITERS Recall of institute where to recruit from 10% Likelihood of recruiting from same institute again 10% Overall satisfaction with students recruited 10% Satisfaction with institute career cell 10% Exchange programmes Institutes were asked to report the percentage of students that opted for exchange programmes. We also considered the exchange students present on the institute s campus. 10 Student satisfaction Current students and alumni were asked to rate their institutes on various factors including career services, attitude of staff and professors, location and course content. ACTUAL METHODOLOGY We sent invitations to 700 institutes. Institutes were provided a password using which they could send us their completed survey online. They were asked to answer questions relating to full-time faculty, career services, student and programme information and all the factors listed above. We contacted current students and alumni of the institutes and 40% asked them to rate specific statements which were pertaining to the factors we considered in this ranking. Many institutes preferred to send the survey links to their students and alumni directly. Over 8000 recruiters were sent s with a survey. The recruiter list was prepared from the responses of the institutes and also included internationally well known recruiters. The recruiters were asked to enlist institutes that they were likely to recruit from. Each factor was made up of a set of questions. The total percentage attributed to that factor was based on the average score of the responses multiplied by the assigned weightage. We then totalled the score from all factors and sorted the scores from highest to lowest. The school(s) with the highest score was ranked first. NOT JUST NUMBERS! After we received the total computed scores for the institutes, we subjectively analysed the data provided by the institutes, current students, alumni and recruiters. If we found discrepancies in the satisfaction scores and the subjective descriptions, we omitted the data. INSTITUTES THAT DID NOT FILL OUT THE SURVEY REPORTS IN TIME Out of 700 institutes that were contacted, 120 institutes did not complete the survey on time or did not respond. We used publicly available information on the institutes to include them in our ranking. We also contacted current students, alumni and recruiters of these institutes and compared the data we received with the data from institutes that did participate. SPECIAL NOTES Masters in Finance The programs include the pre-experience as well as the post-experience Masters programmes. The ranking also includes the programmes which are recently established. Masters in Management Certain Masters in Management programmes with specialisations are also included in the ranking. Masters in Marketing Combination courses of marketing with communication and other fields are also included in the ranking. Online MBA Certain factors such as campus support and exchange programmes were omitted in the factors considered for the ranking. yi NOVEMBER 2012 Youth Incorporated 35