TORONTO, ON – Wednesday, November 17, 2010 –BusinessWeek released the results of its biennial ranking of the best international (non-US) business schools late last week, and Schulich was ranked among the world’s Top 10, finishing 9th overall, just ahead of Cambridge University’s Judge Business School. INSEAD took top spot in the international ranking.

Schulich has now been ranked among the top 10 non-US schools by both Forbes and BusinessWeek in each of their latest surveys and, more recently, has been ranked among the top 10 schools in the entire world by The Economist – an accomplishment unmatched by any other business school in this country.

Schulich was the only Canadian school among the top 10 international schools to improve in rank from the previous BusinessWeek ranking, climbing three positions, while all other schools either dropped or remained the same.

A school’s ranking is based half on this year’s score, and half on the school’s results in the 2008 and 2006 surveys. If the ranking were based strictly on the School’s performance in 2010, Schulich would have placed among the top 5 schools, directly behind Queen’s.

Ranking Highlights

• Schulich was ranked 4th among international schools in the “Intellectual Capital” segment – a category that measures the research output of a school’s faculty in top-rated journals. It was the School’s highest ranking ever in this particular category, one in which Schulich finished ahead of schools such as Oxford and IMD.
• Schulich ranked 4th in the Corporate Recruiter category which measures corporate recruiter perceptions of the quality of a school’s graduates. Schulich placed ahead of London Business School, IMD, Queen’s and Ivey, the School’s  highest ever ranking in this category. Based strictly on scores in this year’s ranking, Schulich would have ranked 2nd overall in the Corporate Recruiter category.
• Schulich’s faculty members were given a grade of “A” by Schulich MBA students from the Class of 2010 (the graduating class surveyed by BusinessWeek for this year’s ranking).

Unlike most other surveys, the BusinessWeek survey is based almost entirely on opinion rather than quantitative data. As noted earlier, only one-half of a school’s final score is based on the results of this year’s survey; the other 50 per cent is based on scores from surveys completed in 2008 and 2006, making the BusinessWeek ranking one that is heavily – and perhaps overly – weighted on past performance. However, because it includes data that goes back to 2006 and provides a four-year timeframe, the BusinessWeek survey demonstrates Schulich’s steady climb since 2006. It was around that year when the School really began to make strides in a number of areas – moving, for example, from 48th in the world in research to 18th overall in the latest Financial Times ranking, and rising from 30th overall in The Economist ranking to 10th overall this year.

Schulich made gains across the board in this year’s BusinessWeek survey, improving in every category and posting the School’s best overall results ever – a promising base from which to strive for improvements in future BusinessWeek rankings.

The 2009-2010 business school rankings have all been released and Schulich has never performed better. Not only was Schulich was rated #1 in Canada in 6 of the 8 major global MBA and EMBA rankings, but also finished among the world’s top 10 business schools in 3 of those rankings (Economist, Forbes and Aspen Institute). Perhaps more importantly, Schulich attained record results in 4 of the rankings, a measure of enhanced progress that reflects the real gains and improvements we have made within the School – a strong sign Schulich is moving in the right direction.

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 #1 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 and Expansión (a Time Warner 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 by the Financial Times of London. For complete ranking details, please click here.

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; and Moscow, Russia. Schulich offers undergraduate, graduate and postgraduate business degrees that lead to careers in the private, public and nonprofit sectors, and has more than 22,000 alumni working in over 90 countries. Over the past 20 years, Schulich has steadily expanded its global footprint and has played a major role in setting up and running successful MBA programs in China, Hungary and the Czech Republic. 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.