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Thursday, December 6, 2018

CEIBS MBA Ranked #10 by THE/WSJ

~ Highest ranked 2-year MBA outside the US

December 6, 2018. Shanghai – The CEIBS MBA is the 10th ranked two-year programme in the world and the highest ranked non-US programme, according to the Times Higher Education/WSJ Global Business School Rankings released today. A total of 114 business schools from 24 countries were included on the list, 54 of them with two-year MBA programmes. The CEIBS MBA is also ranked #8 globally and #1 in Asia by the Financial Times, while Forbes Magazine ranks it #1 in Asia and #3 globally among 2-year programmes outside the US.

“We welcome this additional opportunity to benchmark CEIBS and our MBA programme against the world’s best business schools. The results of this new ranking will help us identify ways in which we can improve on our efforts to provide our students and alumni with even more support and better service, in tandem with our continued focus on academic excellence,” said CEIBS President Professor Li Mingjun. “The importance of understanding the Chinese economy and its global role has never been greater. We will continue to provide our students with both the theoretical and practical skills they need to do so, and continue to be a platform for knowledge exchange that will have a positive impact on the Chinese and global economies.”

Launched for the first time this year, the THE/WSJ ranking assesses participants based on a broad range of 20 individual performance indicators broken down into 4 categories: Engagement, Environment, Resources and Outcomes. Based on responses from recent graduates, they are able to get a clear picture of the level of intellectual engagement students receive, how they interact with staff, how they apply what they learn in the real world, alumni success, and whether they would recommend the course to others. In addition to assessing the diversity and inclusiveness of the school’s environment, they also look at the resources the school provides to students – including factors such as the number and quality of staff and the level of career support provided. In order to measure the outcome of the two years of study, they assess the value of the professional network students are introduced to, employment opportunities and career success, and the school’s contribution to social good. 

Among the factors that would have helped CEIBS secure 10th place would be the increasing global recognition of the quality of the school’s faculty (they make up a third of China’s most highly cited scholars in the fields of Business, Management and Accounting) and how it prepares students for the workforce. The combination of the patented CEIBS Real Situation Learning Method, which has revolutionized the traditional approach to case teaching, plus strong support from both the Career Development Centre and the school’s 20,000+ alumni network, provide CEIBS graduates with a clear advantage over their peers. More than 93% of MBA 2018 graduates were employed three months after graduation and their average salary increase was 95%. In addition to professional success, CEIBS also takes the lead in ensuring that students and alumni recognize the importance of social responsibility. Meanwhile the school leadership has spearheaded initiatives and scholarship programmes that ensure that a diverse group of students are enrolled each year at CEIBS’ five campuses on three continents. 

“We will identify areas in which we can improve while we continue to do what we do best. We are the bridge between China and the rest of the world, we are the source for China expertise within a global context. The THE/WSJ rankings reinforce CEIBS’ position as a major player in the field of business education,” said CEIBS Vice President & Dean Professor Ding Yuan.

Though it is being offered for the first time ever this year, the THE/WSJ Global Business School Rankings carries the weight of being a collaboration between the almost 50 year-old Times Higher Education and the newspaper with the largest circulation in the US, the Wall Street Journal.

Charmaine N. Clarke