This is the first time ever for London Business School to attain such a position and also another first for a British School to be ranked in top position. The criteria for them ousting other international schools to the top spot were based on the quality of teaching, the career support services and standard of students graduating from it.
London Business School is globally associated with very high calibre of talent and accepts students from around the world. It brings together some of the most sought after brains and lifts the standards year on year for the Business School. The graduates are much desired candidates for employment in top positions across all sectors.
The Dean of London Business School, Professor Sir Andrew Likierman, said: “Rankings are a great way of identifying what we do well and areas for improvement. We have fantastic students from all over the world and we’re constantly striving to deliver the best programme we possibly can for them. It’s great to see that what we’re doing is making a difference.”
The MBA programmes from the ranked schools are based on measures and benchmarks which include student surveys, employer surveys and a capital intellectual measure. The ranking index for the year 2012 is based on the weighted total of all the above mentioned measures.
For the student survey they sent the surveys to 18,640 graduating MBA students of 2012, through 114 Business schools in North America, Europe and Asia. 10,439 responded to the survey consisting of various factors such as the overall B-School experience, teaching quality and career services. Similarly, for the employer surveys, 566 recruiters were contacted with a response rate of 36 per cent. Statistical analysis and combined weighted results gave the ranking for the top schools in the Bloomberg BusinessWeek MBA programme schools ranking.
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