Forbes Ranks Schulich #1 in Canada
Forbes magazine ranked the Schulich School of Business #1 in Canada and #9 in the world among two-year MBA programs outside the US. Schulich was also jointly ranked 2nd in the world among all non-US two-year MBA programs in terms of “Years To Payback” – the length of time it takes business school graduates to recoup their investment in MBA degrees.
The 2019 Forbes “Best Business Schools” global ranking surveyed 17,500 MBA graduates from the Class of 2014 from more than 100 business schools around the world and calculated their Return on Investment using two different measures: 5-Year MBA Gain and Years to Payback.
In terms of the 5-Year MBA Gain category, Schulich ranked 9th among two-year MBA programs outside the US, with Schulich graduates reporting an average gain of US $46,300. In the Years to Payback category, which measures how quickly graduates recoup their investment in an MBA degree, Schulich had a payback period of 3.7 years – 2nd in the world (together with HEC Paris) among all non-US two-year MBA programs. Schulich graduates also saw an impressive increase in salary, with alumni from the Class of 2014 reporting a 177% increase in average salary five years following graduation, according to Forbes.
“For MBA students, the Return on Investment they expect to receive is an important factor in selecting an MBA program, and Forbes has once again rated the ROI provided by a Schulich degree as one of the best in the world and number one in Canada,” said Schulich Dean Dezsö J. Horváth. “Even more impressive is the fact that Schulich ranked #2 among all non-US two-year programs in the Years to Payback category, which is a currency-neutral measure for determining how quickly graduates can recoup their investment in an MBA degree.”
For complete ranking results and methodology, please visit: http://www.forbes.com/business-schools/.