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Chinese business school wins top-10 FT ranking
THE China-Europe International Business School has become the first business school in Asia to make the Financial Times' top-10 MBA programs since the newspaper started ranking programs a decade ago.
The Shanghai-based school came eighth in the top-100 list of full-time global Master of Business Administration programs, up from 11th place last year.
CEIBS graduates' salaries increase by an average of 179 percent in three years after graduation, the highest pay rise among the schools listed, according an FT survey.
Graduates' weighted salary reached US$151,641, based on the Purchasing Power Parity of the World Bank.
Meanwhile, CEIBS graduates' employment rate in three months was reported to have hit 92 percent.
The school's percentage of international students, which is also another factor in the FT ranking, rose from 32 percent last year to 37 percent this year.
"For a school that is only in its 15th year, to rank among the Financial Times' Top 10 is an extraordinary accomplishment," said CEIBS Executive President Pedro Nueno.
Jointly established by the city government and the European Union in 1994, CEIBS enrolls about 180 full-time MBA students every year.
It first appeared in the FT MBA ranking in 2002, coming in at 92.
Three Asian schools, two in China and one in India, feature in the top 20 of the FT rankings this year.
Hong Kong UST Business School is ranked 16th, up from 17th last year.
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