Wednesday, February 29, 2012

Highest Salary Rise for Top Business School's MBA

The quality and student experience of London Business School's full-time MBA programme has again been recognised, in the Financial Times' annual global ranking. The School's programme ranked fourth in the Global MBA Rankings 2012, in the top five with Stanford (1), Harvard (2), Wharton (3) and Columbia (5). The rankings are calculated from data going back three years.
The ranking is based on a number of criteria, comprising 20 metrics with a primary focus on career success. This includes the current salary of the business schools' MBA class of 2008, three years after they graduated; value for money and recommendations from alumni. London Business School's MBA scored particularly highly in aims achieved, ranking second overall, and in alumni recommendations fourth overall. The School's global outlook was reflected by its third placing for international mobility, acknowledging the large proportion of students who have worked outside the UK before, during or after their MBA. International experience, comprising internships, student treks and exchanges also ranked highly (eighth overall), with post-MBA career progress ranking tenth.
Since the Class of 2008, the School has implemented a significant amount of change, through an MBA review, to further enhance the London connection and the student experience of the programme. The class of 2008 enjoyed the highest percentage salary rise of any of the major schools at 134%, which compares the difference between salaries before and after the MBA. In a particularly challenging economic period, the earning power of the MBA proved its value, with the class commanding a $7,205 weighted salary increase over their predecessors. London Business School has seen further proof of its MBA's enduring success, with 93 percent of its most recent MBA class gaining employment within three months of graduating, in spite of challenging times in the job market.
The School offers four part time Executive MBA degrees, which are completed in between 16 and 20 months. Class size has been around 400 students in every annual cohort, with a total of 800 students on the 15-21 month MBA. These are broken into five streams of around 80 students which undertake all core courses together. The school is proud of the diversity of the student body and the 2008 intake - graduating in 2010 - consisted of 320 students from 60 nations with 25 per cent female and only 9 per cent from the UK (20 per cent from North America). London Business School's diverse graduates come from 130 different countries and from a wide range of professional backgrounds. After the completion of the MBA programme, graduates accept top positions with major recruiters across Industry, Finance and Consulting sectors all around the world.

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