The Best B-Schools to Stakeout 2016-17 Edition You have seen movies like Shark Tank, Wolf of Wall street and more, so now you want to start your own business. Or maybe you have already ventured into one and discovered that it is difficult than it seems initially. It could also be that you have had your trials in multiple businesses and have done your experiments but then realized there is more to the business cycle than the start-up puzzle. And anybody who has been in the business neighborhood would tell you that being in the management position does come with some great perks.
But the question is how to get to that position?
All this tell-tale sounds too familiar to you? Then it is now time for you to take the next step. Starting a business is not just it you must be know how to manage it for success. Or put it in other words, you might just be ready for a proper MBA degree – the coveted Master of Business Administration. Perfect management is a combination of several skills – impeccable product understanding, knowledge of industry trends, being financially savvy, good people skills, a high tolerance for risks and great decision-making abilities. So, all in all the signs point towards a full-fledged MBA degree which will be a stepping stone that can get you to the podium of entrepreneurial success.
However, having huge ambitions crammed into your heart may not just be enough for achieving success in this fast-paced world. Let us consider that you are ready to take things to a newer level, could even be an international level. How will prepare yourself, to not just manage a regional chain of hardware stores but a global supply chain of systems with locations in foreign countries? Where will you even begin? The answer to that lies in the sector of global MBA, which is a relatively new development in the American business school sector. The American B-schools have been leading the way in graduate business education for several decades now, and a two-year MBA degree has been taken as the standard these days. But things are changing with a new type of one0-year MBAs that are rising in popularity in Europe and Asia. And simply stating that they are holding their own in the world of management would be a shameful understatement. For instance, Forbes noted that five-year return on investments of the traditional two-year US MBAs which does not even come close to what the students can expect to reap out of a European one-year long MBA. They reported that students at the IMD are making USD 211,000 just after five years of B-school, once they arrive at Lausanne, Switzerland, their median pay checks are of around USD 84,000. However, that is not the only factor that needs to be considered as many US B-schools still outweigh most global schools in MBA fronts. And at the end of the day the decision should be boiled down on the following factors – your preparation, your goals, your time, your budget and your… call. Here is where we come in as we have done the heavy lifting for you. We have compiled a list of the top Global MBA schools while keeping the different needs of students in mind. The first thing we asked is exactly what you mostly care about – the bottom line, “How much this will set you back”. So, considering that we have included the annual tuition for every school right up front for our dear readers. There is also our College Choice Score taken into account. This score is computed based on the reputation of each of these schools in this field and their own return on investment. So, behold the result of all our efforts as the list of the Best B-schools to stakeout 2016-17 edition that balances reputation, effectiveness, cost and most importantly what they can do for you to fulfill your unique goals. While the chances of going wrong with are slim but there are some schools that are leading the way more than others. Note that these ranking are based on some important sources. The first being is actual a college freshman poll which was conducted nationwide and published by the Higher Education Research Institute at UCLA. The students were asked to rate the academic reputation of the colleges, their finances and other offerings, overall cost structures, graduate success rate and post college job opportunities. All these factors were equally weighed out alongside the data from another data obtained from primary sources like those from National Center for Education Statistics, U.S. News & World Report, and Payscale.com.
Here’s wishing you good luck in your MBA-pursuit and happy globe-trotting:
1. HEC School of Management:
CC score: 100 Tuition: USD 58,000
The HEC School of management is better known as HEC Paris, which is a European graduate business school. It is located in Paris, France and holds the reputation of being the place to have the best MBA programs in the European Union. It is the proud holder of Triple Crown accreditation from AMBA, EQUIS and the AACSB International. They almost have the entire city of Paris on their fingertips. Starting with fine food to street festivals to massive operas and much more, the students of HEC can always take a fulfilling break from their studies and visit anyone of the numerous cultural attractions that may catch their eye. As it is in Paris even the narrowest of streets and darkest of alleyways have hidden cultural wonders which lurk just to be explored by the most interested eyes. And as a student is done exploring Paris, they can come back to school to study. Starting from summer school to a part-time study to one-year MBA programs, this highly selective B-school offers its students every opportunity to find a way to help them earn a degree.
2. Harvard University:
CC Score: 99.95 Tuition: USD 61,225 Harvard University was founded in 1636 in Cambridge, Massachusetts, USA. It is a famous private research university which is the oldest tertiary of higher educational institutions in the country. It is known as a premiere university for students of America and also boasts to be house to the world’s largest academic library which mainly consists of nearly 80 libraries and more than 18 million books. The Harvard student life can be best described with their athletic rivalries, particularly the one with Yale. It is a daily ritual every year in the early autumn months the schools meet for their annual match up, which is simply known as the Game. Some other sports consist of the school’s rowing teams which also compete with Yale in the famous Harvard-Yale Regatta which is an Americanized version of the boat race between Cambridge and Oxford in England. One of the most popular departments of Harvard School is their Business training department. And the school’s mission statement further glorifies its rich history by stating that “this is the place where leaders are made”. While many rivals may disagree but the truth is not that far from that statement. Students of Harvard
Business School have been taught a lot about the ethics and morals behind a successful business and with the changing scenario they are expected to know about discerning business solutions for solving the problems by the time they graduate. Every year huge numbers of students apply in HBS hoping to be hand-picked by their admission authorities for being a part of their elite group of students who study there. The students who graduate from Harvard are also often hired in the best of positions in the corporate world. So, it is very well understandable that there is ample reason behind HBS being the B-school of choice as per The Economist as well as The Financial Times.
3. University of California, Berkley
CC Score: 99.92 Tuition: USD 54,066 Known as the flagship of public research university the University of California, is obviously situated at Berkley, California, United States. It is one of the most consistently awarded, nationally recognized universities in the world. And is also partly the manager of the three U.S. Department of Energy Laboratories which is an arrangement that helps boost the student research activities. It is also a rightful cultural hub, located at the southern tip of the San Francisco bay area where the city holds annual festivals from the spring season up till early summer for their students as well as for the tourists. The university is also home to the Haas School of business which is the second oldest business school in the UnitedStates.
4. Northwestern University
CC Score: 98.69 Tuition: USD 64,059 This university was first established in 1851 and is also a private research university located in Evanston, Illinois. There are satellite campuses of this university in San Francisco, California and Doha, Qatar. This university is best known for receiving over 550 million USD as endowment for students and the faculty to conduct sponsored every year. A huge aspect of this university is for the students to take part in community service. Students are encouraged to participate in ‘alternative spring break’ activities which are community service trips led by students across the U.S. Here were the best B-schools around the world to keep a watch over for 2016-17. For more information about management studies and help with MBA coursework feel free to talk relevant experts at Management Writing Solutions.