CEIBS MBA Moves Up to #11 in Financial Times Ranking
~ Regains Spot as #1 in Asia
January 30, 2017. Shanghai – CEIBS MBA Programme has moved up six places, to #11, in the Financial Times 2017 ranking of global business schools, regaining its position as # 1 in Asia. The rankings reinforce the CEIBS MBA’s strength in career development, value for money and the increasing success of alumni and international faculty. The CEIBS MBA is also ranked #1 in Asia by Forbes in its latest ranking.
“CEIBS is a pioneer and leader in Chinese management education. Being #1 in Asia in the FT’s 2017 ranking is an indicator of the quality of the school’s MBA programme,” said CEIBS President Professor Li Mingjun in reacting to the news. “This is a testament to the success of our alumni, responsible business leaders who are making a difference around the world. It also reflects the significant success of our faculty and their research.”
CEIBS Vice President & Dean Professor Ding Yuan noted that 2016 – a year that saw the optimisation of China’s structural economy, steady GDP growth of 6.7%, a boom in entrepreneurship and a renewed focus on doing business beyond China’s borders – had highlighted the importance of educating business leaders capable of leading globally. “The CEIBS MBA is a great programme, in a great location, for exactly this purpose,” he said. “CEIBS has more than 19,000 alumni spread across 80 different countries globally, and the most extensive, elite alumni network in China. This active and dynamic network enhances the undeniable value of the programme.”
CEIBS continues to innovate and improve on its efforts to add value to the MBA experience. For example, CEIBS eLab was established in response to the growing interest in launching start-ups, with a goal of cultivating excellent entrepreneurs. In the coming years, the eLab will focus its efforts on constructing an ecosystem that will integrate education, mentoring, entrepreneurs, and investors through a series of programmes, forums and competitions. Meanwhile the popular Overseas Electives Programme saw students travel to the US, Israel, Japan, Germany and Malaysia in December 2016, showcasing the global footprint of the CEIBS MBA.
These initiatives are complemented by strong support from the CEIBS Career Development Centre (CDC), which regularly organises activities that facilitate employment opportunities for MBA students. For example, the CEIBS CDC has initiated a reciprocity programme with a number of prominent business schools (Harvard, INSEAD, LBS, IESE and IE) around the world and provides platforms for CEIBS MBA students to explore overseas opportunities through career treks and on-site company visits.
According to CEIBS Associate Dean and MBA Programme Director Professor Chen Shimin, all these elements – academic and career support – have had a role to play in the ranking results. “CEIBS MBA programme has performed well in key international rankings thanks to the rapid growth of the local economy as well as on-going support from the school’s faculty, students and alumni in terms of admissions, curriculum and career development,” he noted.
Despite the challenging global job market, there has been significant improvement in several areas related to graduates’ career progress, a category in which CEIBS MBA is ranked highest among the Top 20 schools in the FT ranking. For example CEIBS graduates continue to be among those with the highest percentage salary increase (155%) over pre-MBA wages; they are being paid better, and are working for larger companies as seen in the 4-position jump in the weighted salary category. Meanwhile, there has also been a 2-position increase in the ranking (up to #26) for the number of CEIBS graduates employed within three months after their MBA.
“The important advantages that CEIBS MBA students bring to the job market are still evident, despite the recent slower pace of economic growth. China still has a higher growth rate compared with other countries, and thus has seen higher salary increases across the economy,” said MBA Admissions & Career Services Director Ms. Yvonne Li. With the Chinese economy transitioning to value-added manufacturing, and from a traditional manufacturing base to a service-oriented economy, businesses in China have been moving up the value chain, Li noted. “As a result, there is an extremely high demand for sophisticated talents, and they are highly valued because they are hard to find. CEIBS is extremely unique in recruiting and pulling together global talents who are not only business-savvy, but also China-focused,” she added. “CEIBS students live up to the school’s reputation in the job market and are rewarded according to their strength and competitiveness.”
According to the FT’s analysis, the CEIBS MBA has also moved up:
- 5 positions within the category of aims achieved,
- 4 spots in weighted salary,
- 2 spots in value for money,
- 5 spots in female faculty, and
- 2 spots in international faculty.
The annual FT survey of global MBA programmes is one of the longest-running, most rigorous, and best respected rankings in the world. By topping the list of Asian schools, the CEIBS MBA has regained the #1 position it held for 7 years from 2004 to 2009 and again in 2015. Chinese business schools have made an overall impressive showing this year with five, including CEIBS, making the list. The others are: HKUST, SJTU, CUHK and HKU.
About CEIBS MBA Global Rankings:
#1 in Asia, 2015, 2014: Bloomberg Businessweek
#1 in China 2011, 2007 & 2006 (3 consecutive surveys): Bloomberg Businessweek China
#1 in Asia, #4 globally among 2-year programmes outside the US, 2015: Forbes Magazine
#1 Most Valuable Full-time MBA Programme in China (for five consecutive surveys in 2005-2007, 2010, 2012): Forbes China
The China Europe International Business School (CEIBS, www.ceibs.edu) offers a unique combination of China Depth, Global Breadth, taking advantage of its position as a leading business school in Asia to train responsible leaders. CEIBS’ vision is to become the most respected international business school by linking East and West in teaching, research, and business practice and by promoting China’s social and economic development through high-impact knowledge creation and dissemination. The school’s origins as a joint venture between the European Commission and the Chinese government have allowed CEIBS to develop a unique positioning in offering truly world-class business management education with proven China expertise. After 22 years of phenomenal growth CEIBS has an impressive alumni base of more than 19,000 graduates, the majority of whom are top-level decision makers.
CEIBS is a not-for-profit joint venture established in 1994. Its predecessor, the China-EC Management Institute (CEMI), was launched in Beijing in 1984, offering China’s first MBA programme. CEIBS has campuses in Shanghai, Beijing and Zurich, along with operations in Shenzhen and Accra.