NTU's Nanyang Business School deemed best in Singapore

According to The Economist's world rankings.

Nanyang Technological University (NTU) has announced that its business school has leapt eight places to be ranked 64th on The Economist’s 2013 global ranking of full-time MBA programmes.

This is the highest placing ever by a Singapore business school, improving on its rank of 72nd last year.

For the 10th straight year, Nanyang Business School has been ranked the best in Singapore by The Economist.

NTU’s business school is ranked fourth within Asia.

NTU said strong ratings by the Nanyang MBA programme participants for the educational experience, faculty quality and opening new career opportunities have enabled the Nanyang Business School to increase its lead in the rankings.

The Economist’s ranking is one of the most robust global MBA rankings available, as its methodology takes data over a three-year period, which helps to provide a more rounded picture, the school noted.

NTU said the latest Economist rankings underscore the rising international stature of Nanyang Business School and NTU, and comes after another distinction in March when faculty member Vijay Sethi was named the world’s Business Professor of the Year by the Economist Intelligence Unit, and in January, when the school rose two spots on the Financial Times MBA league table to 32nd position.

NTU President Professor Bertil Andersson said, "Soaring eight places in the latest Economist ranking and surpassing some established universities despite stiff competition reaffirms that NTU offers one of the best MBA programmes in the world. As Singapore's top business school, the Nanyang Business School offers a high quality education and distinctive student experience driven by top business professors who are both proven scholars and outstanding teachers. NTU is committed to both research and teaching excellence and we will continue to build on this success ."

NTU’s business school moved ahead of established universities such as Boston University’s School of Management in the United States, and France's EMLYON and Grenoble Graduate School of Business.

Professor Ravi Kumar, Dean of Nanyang Business School, said, “Business success today requires much more than analytical skills, technical knowledge, and a keen eye on the bottom line. At Nanyang Business School, we strive continually to ensure our programmes nurture our students to be responsible and ethical leaders who are culturally sensitive and adept at bridging Western business models with those of the East. Our rise in the Economist rankings tells us that this is indeed what students, and employers, around the world are looking for today.”

The Nanyang Business School’s achievement in The Economist’s rankings mirrors that of NTU’s own rapid rise in the global university league tables. In the latest Quacquarelli Symonds (QS) World University Rankings announced last month, NTU is ranked 41st in the world, climbing six places over the last year, and 33 places over the last three years. In this year’s Times Higher Education world rankings, NTU jumped 10 places to No. 76, building on its rocket rise of 83 places last year, and was also ranked No. 1 globally for Industry Income and Innovation.

The Nanyang MBA programme has been updated recently to a 12-month curriculum that places a sharper focus on leadership development, greater emphasis on industry application – especially in the Asian context, and deeper insights into corporate governance and social responsibility, NTU said.

The first participants of the new programme enrolled in July. The class comprises 70 full-time students, and another 30 who take the course on a part-time basis. About 15% of the full-time cohort comes from Singapore, 10% from Europe, 5% from North America, and the rest from other parts of Asia.

The Nanyang MBA is taught by an international faculty, of which a significant proportion possesses extensive business experience, and consults for major global corporations.