'V SMU Publication: The Straits Times, p 15 Date: 31 January 2012 Headline: NUS, NTU business schools among top 35 worldwide

NUS, NTU business schools among top 35 worldviide A NEW league table has ranked the busi- ness schools at the National University of Singapore (NUS) and Nanyang Technolog- ical University (NTU) among the top 35 worldwide.

The NUS Business School retained its 23rd position from last year in the Finan- cial Times (FT) Top 100 Global MBA Rankings, while the Nanyang Business School (NBS) slipped a place to 34.

Singapore Management University's (SMU's) master of business administra- tion (MBA) programme did not meet the criteria for inclusion in the FT rankings, which requires a college to have graduat- ed its first class at least three years ago. SMU's first batch of MBA students gradu- ated in 2009.

Stanford Graduate School of Business topped the rankings for the first time af- ter being in the top 10 for 13 consecutive years.

Harvard Business School was second, with the University of Pennsylvania's Wharton School coming in third.

Professor Bernard Yeung, dean of the

NUS Business School, said yesterday: "These rankings are a recognition that the school continues to meet the needs of our students and employers, while provid- ing a rigorous education.

"We are also pleased to be in the com- pany of two Chinese and two Indian busi- ness schools, also ranked among the top 25 in the world.

"This shows that Asia's economic dy- namism is being followed by the emer- gence of top business schools."

Professor Gillian Yeo, interim dean of the Nanyang Business School, said: "Our consistently strong showing in these well-recognised, independent MBA rank- ings affirms NBS' membership in the league of elite international business schools."

There were 10 Asian schools in the top 100, with Hong Kong UST Business School leading the way at the 10th spot.

MBA graduates from NUS enjoyed sala- ry increases of 185 per cent over three years, compared with what they were earning before completing the pro- gramme. In contrast NBS graduates had an average salary increase of 129 per cent.

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3 Haward Business School US 1 University of Penmvahia US 1 London Business School Britain 7 Columbia Business School I

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But NBS graduates had a higher aver- graduate from NUS who now works at age salary. Cognizant Business Consulting s e ~ c e s

Measured three years after graduation, in India, said he was always convinced they had an average annual salary of that the NUS programme was among the US$102,350 (SS130,000), compared with world's best. NUS graduates' US$97,625. He said: "Being a consultant, it was im-

Mr Srikanth Sridharan, a 2008 MBA portant that I understood various aspects

ASIAN SCHOOLS ON THE RISE "We are pleased to be in the company of two Chinese and two Indian business schools, also ranked among the top 25 in the world. This shows that Asia's economic dynamism is being followed by the emergence of top business schools." Professor Bernard Yew, dean of the NUS B ~ i 1 1 e s s School

of business and was able to converse with senior executives to help them make in- formed decisions.

"The NUS curriculum gave me ade- quate depth and breadth to gain these per- spectives."

The FT survey uses data from business schools and their alumni. Salary and sala- ry increase three years after graduation is a heavy factor in determining the rank- ings, although career progress, diversity of students and faculty, and idea genera- tion also play a part.

MS Audrey Lim, Johnson & Johnson's senior university recruiter for Asia Pacif- ic, said the FT league table, along with other rankings, is one of the determining factors when the company hires prospec- tive MBA graduates.

Source: The Straits Times O Singapore Press Holdings Limited. Permission required for reproduction.