The National University of Singapore (NUS) Business School and the Hong University of Science of Technology are the only Asian schools that made it in the Economist Intelligence Unit's (EIU) inaugural Executive Master of Business Administration (EMBA) Rankings. They also landed in the top 10.
Number one is the Kellogg School of Management at Northwestern University's joint programme with Schulich School of Business at York University.
The ranking measures business schools on two broad criteria: personal development/educational experience and career development. Within these categories, EIU looks at 27 criteria, including the quality and diversity of students, the quality of the faculty, the percentage of students who receive a promotion after they graduate and the average salary increase graduates can expect. The data are a mixture of student-reported figures, student ratings and data provided by the schools
The NUS Business School's double-degree programme with the University of California, Los Angeles (UCLA) has been ranked third globally in the rankings.
The School's Asia Pacific Executive MBA, taught in both English and Mandarin, has also been placed at 43rd.
NUS Business School is the only Singapore university to make it into EIU's EMBA rankings.
"We are delighted that both our Executive MBA programmes have been ranked among the best in the world by EIU. The rankings are another indication of the quality of our programmes. As we strive towards being the leading business school in Asia, we will continue with our efforts to enhance our teaching with innovative programmes while developing our research output and industry relationships, so as to help our students succeed in the business world of today and tomorrow," said Professor Bernard Yeung, Dean and Stephen Riady Distinguished Professor, NUS Business School.
Meanwhile, the joint MBA offered by Kellogg and the Hong University of Science of Technology has been ranked sixth globally.
Joint programmes seem to be a particular hit with students.
The joint MBA offered by Kellogg and the Hong University of Science of Technology got the top rank for the overall quality of its students. Students who enrol on this programme are particularly high-powered, earning on average $261,000 with 15 years’ work experience.
The EIU noted that that a school’s joint EMBA will often rank higher than its standalone programme. Kellogg’s single-campus programme, although ranked a creditable eighth, lags behind those offered with partners. The UCLA-National University of Singapore joint EMBA, ranked third, fares better than the standalone programmes at UCLA (11th) or the NUS (43rd). The ESADE-Georgetown EMBA is 12th, whereas the one offered solely at Georgetown is 27th.
One reason for this is that joint programmes are generally more international. The UCLA-NUS EMBA, for example, insists that students take at least four one-week assignments overseas during the programme. Joint programmes also enrol more experienced students. Those on the UCLA-NUS programme will have, on average, three years’ more work experience and earn close to $40,000 more than the UCLA single-campus alternative.