The late arrival of the MBA in the country may partially explain the phenomenon. Yet many more factors are at play.
Rankings & Accreditations
Accreditation Is Not a Mere Standard
The European Foundation for Management Development (EFMD) is a global, membership driven organisation, based in Brussels. As Europe's largest network association in the field of management development, with some 470 members from academia, business, public service, and consultancy in 40 countries of Europe and the world, EFMD plays a central role in shaping an international approach to management education.
Main Global Rankings
A comprehensive list of MBA rankings is available here
Rankings compiled by Financial Times can be found here:
Explore rankings from The Economist's Economic Intelligence Unit:
Bloomberg Business Week
See Bloomberg's Business Week rankings here:
See FIND MBA’s Popularity rankings here.
The Main Accreditation Services
AMBA (Association of MBAs)
is a UK-based organisation developed in 1967 to examine only the content of an MBA programme. Unlike the other two, it focuses on the programme itself and not the school. Thus, it is common for business programmes to have AMBA accreditation alongside another standard.
EQUIS (European Quality Improvement System)
was launched in 1997 to characterise the European approach to management education.
AACSB (Association to Advance Collegiate Schools of Business) International
was founded in the US in 1916 and began its accreditation function with the first adoption of standards in 1919. It has continued to evolve by including new measures for business schools through rigorous review.
The ranking offers a glimpse of some of the key changes in business education occurring worldwide.
The Financial Times notes that business education is growing in Europe.
The Financial Times rankings of management programmes are among the most renowned in the global business education field.
US schools claim 16 of the top 20 places in The Economist’s ranking of full-time MBA programmes.
The Economist has published its 2018 ranking of Executive MBA programmes.
The list of accredited business schools keeps growing.
Gaining an MBA from these schools comes at a price, but the return on investment is worthwhile
Here’s how the best US business schools stack up this year, according to Bloomberg Businessweek.
What will be the core components of the rankings?
Rankings should not be viewed as the most important aspect when choosing a school, and are simply one element to consider.
Check out the top-ranked US business schools for 2018, including information about the ranking methodology.
AMBA's accreditation is increasingly recognised world-wide as the quality assessment of the MBA.
Check out the top-ranked online MBA programmes, including information about the Financial Times' ranking methodology.
Get to know the Big Three when it comes to MBA rankings – the Financial Times, the Economist, and Bloomberg Businessweek.
To demonstrate some of the benefits of rankings, we review one of the most interesting aspects for prospective students – the return on MBA degrees.
MBA rankings should be viewed with a tinge of scepticism. Accreditations are considered more reliable when it comes to proof of academic standards.
Check out Access MBA’s FAQs on business school rankings. They are especially useful for MBA candidates who try to determine which schools to apply to.
Check out this overview of the major European MBA rankings which may also help you decide how to approach different publications.
How to evaluate business school rankings and read the opinions of education experts?