MBA News: The Economist’s 2012 Business School Rankings

This year’s global, full-time MBA rankings from The Economist were recently published, with the University of Chicago Booth School of Business taking back the top spot from the Tuck School of Business at Dartmouth after falling to second last year, and North American schools taking eight of the top ten places on the list. This year’s rankings include many changes, with Columbia Business School moving up from seventh to fifth and MIT Sloan jumping to seventh from 11th, as well as Switzerland’s IMD falling from third down to tenth.  European MBA programs seem to be in flux, with enrollments way down, likely because of a challenging economy and tougher visa requirements. On the other hand, Canadian and Australian business schools seem to be booming, with an increase in applications for full-time MBA programs.

We at mbaMission always advise applicants to view rankings with a healthy dose of skepticism, as they tend to fluctuate dramatically from year to year and from publication to publication. The Economist uses a variety of methods to calculate its rankings, though unlike other popular MBA rankings, it primarily uses data collected from students and alumni. For up-to-date information on 16 top business schools, check out the mbaMission Insider’s Guides.

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