Schulich School of Business Ranked #1 in the World in Responsible Business
TORONTO, ON – Thursday, October 13, 2016 – The MBA program at York University’s Schulich School of Business was today ranked #1 in the world according to the results of a global survey conducted by Corporate Knights, the world’s largest circulation magazine with an explicit focus on responsible business. The magazine is published quarterly and distributed in Canada through The Globe and Mail and in the US through The Washington Post.
The Corporate Knights survey, called the Better World MBA Ranking, assessed how well business schools from around the world are integrating social, ethical and environmental impact management issues into their MBA programs. The survey results are published in the Fall 2016 issue of Corporate Knights, and are available online at: 2016 Better World MBA Results.
Schulich was ranked 1st in the world, with 93 out of a possible 100 points. Other prominent business schools that placed among the top 20 include: MIT, which ranked 2nd with a score of 89%; INSEAD, which ranked 5th with a score of 84%; Harvard, which placed 13th with a score of 65%; Stanford, which ranked 18th with a score of 62%; Cambridge, which ranked 19th with a score of 60%; and Duke, which placed 20th overall with a score of 60%. Canadian business schools in general did very well in this year’s ranking, with three schools, including Schulich, among the top 10. The Desautels Faculty of Management at McGill University placed 6th with a score of 84% and the Haskayne School of Business at the University of Calgary finished 9th with a score of 75%. Other prominent business schools that made the ranking include: London Business School, which ranked 21st; Wharton, which ranked 27th; Berkeley, which ranked 32nd; Michigan, which ranked 33rd; and Oxford, which ranked 34th.
The Better World MBA Ranking measured business schools in three key areas: dedicated institutes and centres, core curriculum courses, and faculty research. Schulich scored 100% in the Institutes and Centres category; 80% in the Core Curriculum category; 97% in the Faculty Research – Publications category; and 100% in the Faculty Research – Citations category.
According to Corporate Knights, Schulich “continues to be a worldwide leader in sustainability, with strong curriculum integration, a base of relevant research institutes and centres, and widespread faculty support.” Schulich’s Centre of Excellence in Responsible Business (COERB) is a global leader in creating and disseminating new knowledge about the social, ethical, environmental and political responsibilities of business, and is also one of the world’s largest and most influential academic centres dedicated to triple-bottom-line thinking.
“Schulich is honoured to have once again been ranked #1 in the world in Responsible Business,“ said Dezsö J. Horváth, Dean of the Schulich School of Business. “Today’s result marks the fourth straight year that Corporate Knights has ranked Schulich 1st overall and the fifth time that Schulich has been rated #1 in the world in Responsible Business by a major global ranking.” Schulich finished first in the world in the 2009-2010 Beyond Grey Pinstripes ranking, conducted by the Aspen Institute, a Washington, DC leadership think tank.
Last week, Schulich’s Dean joined Dominic Barton, global managing partner of McKinsey & Company, for the official release of a thought-provoking new book, Re-Imagining Capitalism, which charts a hopeful and constructive path forward for a capitalist system under increasing pressure to change.
Edited by McKinsey’s Dominic Barton, Schulich’s Dezsö J. Horváth and Matthias Kipping, Business History Chair at Schulich, Re-Imagining Capitalism includes a number of innovative proposals from leading global executives and renowned academics, including: Ratan Tata, Chairman Emeritus of Tata Sons Limited; Paul Polman, CEO of Unilever: Galen G. Weston, Chairman of George Weston Limited; Lynn Stout, Distinguished Professor of Corporate and Business Law at Cornell Law School and a well-known critic of an exclusive shareholder value focus; and R. Edward Freeman, University Professor and Olsson Professor of Business Administration at the University of Virginia’s Darden School of Business considered the father of the stakeholder model theory of capitalism. The book’s concluding chapter, “Capitalism Re-Imagined”, is co-authored by Dezsö Horváth and Dominic Barton and offers some suggestions for how a more inclusive and responsible form of capitalism would work in practice at both the macro level and at the corporate level.
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 Corporate Knights, the world’s largest circulation magazine with an explicit focus on Corporate Social Responsibility, in a global survey that identifies 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 #1 in Canada and among the world’s leading schools by The Economist, Forbes, CNN Expansión and América Economía. Schulich is also ranked among the world’s top 35 business schools for a career in investment banking in a global survey by eFinancialCareers.com. The Kellogg-Schulich EMBA program is ranked #5 in the world by The Economist and #1 in Canada by the Financial Times of London. For complete ranking details, please visit www.schulich.yorku.ca.
Global, innovative and diverse, Schulich offers business programs year-round at its state-of-the-art complex at York University; at its Miles S. Nadal Management Centre located in the heart of the Toronto’s financial district; and at its new campuses in Hyderabad, India and Beijing, China. Schulich also operates a number of satellite centres in Beijing and Shanghai, China; Mumbai, India; Seoul, South Korea; Mexico City, Mexico; and Sao Paulo, Brazil. Schulich offers undergraduate, graduate and postgraduate business degrees that lead to rewarding careers in the private, public and nonprofit sectors, and has approximately 30,000 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. In addition to Schulich’s Master of Finance, Master of Management and Master of Accounting degrees, the School launched one of the world’s first Master of Business Analytics and Master of Real Estate and Infrastructure degrees. Schulich’s Executive Education Centre provides executive development programs annually to more than 12,000 executives in Canada and abroad.
Contact: Beth Marlin at (905) 717-6278 or email@example.com