Regional MBAs strong
The findings from an employer survey shows they are increasingly targeting a broader selection of regionally-strong business schools from which to hire MBA graduates.
A record 604 employers from 42 countries around the world voted last year for their preferred business schools in the QS Global 200 Business Schools 2009: The Employers’ Choice.
Employers and HR personnel worldwide usually have the most objective and informed opinions on the best business schools.
These decision-makers tend to look beyond rankings and examine the facilities, course content and quality of students, said QS in a statement.
The schools securing the most employer votes by region are: IPADE Business School and EGADE in Latin America, Harvard and Wharton in North America; INSEAD and London Business School in Europe; INSEAD Singapore and Melbourne Business School in the Asia-Pacific region and America University in Cairo and Bar-Ilan University in Africa and the Middle East.
Traditional MBA employers remain committed to hiring from between 30 to 70 top-tier business schools located in North America, Western Europe and Asia.
However, the pressures of globalisation mean that, beyond the traditional MBA employers, there are a growing number of regional MBA employers who may not have the budget to pay the salaries demanded by MBAs graduates from elite schools.
“For MBAs who are proactive in their search and flexible in terms of salary expectations, this will expand their range of opportunities, even in a time of recession,” says research director at QS, Ben Sowter.
The latest survey includes 72 schools in North America, 70 schools in Europe, 40 schools in Asia-Pacific, 12 schools in Latin America and six schools in Africa and the Middle East.
In 1999, only 15 schools outside of North America and Europe featured in the research, compared to 13 schools from India and China alone, this year
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