MEDIA RELEASE

TORONTO, ON – Thursday, February 9, 2012 – The Schulich School of Business at York University has been ranked 20th in the world and #1 in Canada in a global MBA survey conducted by Expansión magazine, a Time Inc. business publication based in Mexico City.

It marks the third straight year in which Schulich has made the world’s top 20 in the Expansión ranking. Schulich placed just behind Kellogg, Stern and Cambridge, and ahead of UCLA, Carnegie Mellon and the Kenan-Flagler Business School at the University of North Carolina. Harvard once again placed first overall, with Stanford taking second spot and the London School of Business finishing third. Schulich ranked 9th among business schools outside the US and 12th among business schools in North America.

The Expansión “Best Global MBAs” ranking, established in 2006, rates leading MBA programs from around the world using a broad range of criteria, including Academic Quality, Return on Investment and Global Value. The survey employs a predominantly statistical-based methodology to rank business schools, with points awarded in key areas of measurement such as international scope and orientation, average GMAT, post-MBA average salary percentage increase and faculty research output.

“We’re pleased to once again be rated among the top 20 business schools in the world by a major global ranking this academic year,” said Schulich Dean Dezsö J. Horváth, who noted that The Economist and the Aspen Institute recently ranked Schulich among the top 10 MBA programs in the world (Schulich placed 9th in The Economist’s 2011 global ranking and 2nd in the Aspen 2011 global ranking).  “The Expansión ranking is the premier global survey conducted by a Latin American business publication and complements the other major global business school rankings conducted by business publications in the US and Europe.”

Horváth added that the Expansión ranking is also important to Schulich because of the School’s growing focus on the Latin American market and on Mexico in particular. In November of last year, Schulich officially opened a satellite centre in Mexico City that will help recruit students, provide career placement services to alumni, offer executive education programs, support the local Schulich alumni chapter and manage local media relations.

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About Schulich

Known as Canada’s Global Business School™, the Schulich School of Business in Toronto is ranked among the world’s leading business schools by a number of global surveys. Schulich’s MBA program is ranked #2 in the world by the Aspen Institute (a Washington, DC-based leadership think tank) in a global survey that identified which schools are doing the best job of preparing future business leaders for the environmental, social and ethical complexities of modern-day business. Schulich’s MBA program is also ranked among the world’s leading schools by The Economist, Forbes, Bloomberg Businessweek and Expansión (a Time Inc. publication based in Mexico City). The Kellogg global network of EMBA partner schools, which includes the Kellogg- Schulich EMBA, is ranked #5 in the world by The Wall Street Journal, and the Kellogg-Schulich EMBA is ranked #1 in Canada and #11 in the world by the Financial Times of London.

Global, innovative and diverse, Schulich offers business programs year-round at three campuses – its state-of-the-art complex at York University; its Miles S. Nadal Management Centre located in the heart of the Toronto’s financial district; and its facility at The S.P. Jain Institute of Management & Research in Mumbai, India, where the School offers The Schulich MBA in India, the first MBA program to be delivered in the country by a leading international business school from outside India. Schulich also operates a number of satellite centres in Beijing and Shanghai, China; Mumbai, India; Seoul, South Korea; Mexico City, Mexico; and Moscow, Russia. Schulich offers undergraduate, graduate and postgraduate business degrees that lead to rewarding careers in the private, public and nonprofit sectors, and has more than 22,000 alumni working in over 90 countries. The School pioneered Canada’s first International MBA (IMBA) and International BBA (iBBA) degrees, as well as North America’s first ever cross-border executive MBA degree, the Kellogg-Schulich Executive MBA. Schulich’s Executive Education Centre provides executive development programs annually to more than 12,000 executives in Canada and abroad.

For more information, please contact Beth Marlin at (416) 736-2100, ext. 22750 or bmarlin@schulich.yorku.ca.