The rankings, a biennial survey and popular alternative ranking of full-time MBA programs, was released by The Aspen Institute and published on TopMBA.com today. York University (Schulich) received high marks for the extraordinary number of courses available to students that contain environmental, social and ethical content as well as for the number of relevant scholarly articles being published by the School’s faculty members.
While many MBA rankings exist, only one looks beyond reputation and test scores to measure something much more important: how well schools are preparing their students for the environmental, social and ethical complexities of modern-day business. This year, 149 business schools from 24 countries participated in Beyond Grey Pinstripes’, 18 month effort to map the landscape of teaching and research on issues pertaining to business and society.
This is the first year TopMBA.com and the Aspen Institute have partnered to release the rankings. TopMBA.com is a leading specialist MBA website with over 100,000 MBA aspirants visiting the site each month for news and advice on business school. Nunzio Quacquarelli, editor of TopMBA.com and director of the QS World MBA Tour says: “Beyond Grey Pinstripes provides invaluable insight into those business schools making a conscious effort to meet the demands of both MBA applicants and MBA employers to deliver a sustainable-focused curriculum. This is a key area of growth in business and society and we expect more top business schools around the world to shape their courses accordingly.”
Top 10 Business Schools Offering Sustainable MBAs
| 2009-2010 Rank | 2007-2008 Rank | Institute | Country |
| 1 | 3 | York University (Schulich) | Canada |
| 2 | 2 | University of Michigan (Ross) | USA |
| 3 | 9 | Yale School of Management | USA |
| 4 | 1 | Stanford Graduate School of Business | USA |
| 5 | 5 | Notre Dame (Mendoza) | USA |
| 6 | 4 | UC Berkeley (Haas) | USA |
| 7 | 15 | RSM Erasmus | Netherlands |
| 8 | 11 | NYU (Stern) | USA |
| 9 | 10 | IE Business School | Spain |
| 10 | 6 | Columbia Business School | USA |
Relevant data collected in the survey, as well as the entire “Global 100” list of business schools, is available at www.topmba.com.
“The best MBA students move quickly into the front ranks of business and the attitudes and values they bring to the table are deeply influenced by their time in business education,” says Judith Samuelson, Executive Director of the Aspen Institute’s Business and Society Program. “Will they accept the status quo or act on their passion about the positive role business can play at the intersection of corporate profit and social impact? The schools that are competitive in the Beyond Grey Pinstripes ranking are the real trailblazers - they assure that students have the right skills as well as the will to make things happen.”
Rich Leimsider, Director of the Aspen Institute’s Center for Business Education says in these challenging economic times, the general public, not just scholars, are questioning whether the established models of business are broken. “Beyond Grey Pinstripes schools are thoughtfully pursuing new approaches. They are preparing students who take a more holistic view of business success, one that measures financial results as well as social and environmental impacts.”
"The global corporate landscape has changed more in the last year than ever before. And what has changed most of all is the nature of expectations and demands placed on corporations. The narrow shareholder model is being replaced by a much broader stakeholder model – one that considers the implications of strategic decisions on all of a company’s stakeholder groups,” said Dezsö J. Horváth, Dean of the Schulich School of Business. “The watershed events of the past year are making it imperative for companies to deal seriously with the triple bottom line of social, environmental and economic issues.” Said Horváth: “The Beyond Grey Pinstripes ranking measures how well business schools are preparing students for this new reality, and Schulich is proud to be rated number one in the world when it comes to graduating managers who have the tools necessary to lead in the new world of business.” Horvath added that “Schulich began laying the groundwork for research and teaching in the areas of business ethics and sustainability back in the early 1990s when few other business schools were doing so. Today’s #1 ranking is recognition of close to two decades of research, innovation and curriculum development at our School.”
Highlights of Beyond Grey Pinstripes 2009-10 rankings:
- RSM Erasmus from the Netherlands is the biggest mover in the top 10, jumping eight places to position number 7
- IE Business School in Spain ranked number one in the world for student exposure*
- Nottingham University (23) is 5th in the world for faculty research**.
- Finance, management and accounting are the three disciplines which have shown the greatest increase in social, environmental or ethical content since 2007.
- The percentage of schools that require students to take a course dedicated to business and society issues has doubled from 34 per cent in 2001 to 69 per cent in 2009.
* Survey’s metric that measures the number of teaching hours and actual student enrollment in courses that address environment, social or ethical issues.”
** Survey metric that measures which schools’ faculty members produced the highest number of scholarly articles in peer-reviewed, business journals that address environmental, social or ethical issues.”
School highlights from this Beyond Grey Pinstripes survey cycle are featured in a new guidebook for prospective MBA students, titled The Sustainable MBA, which is already available at Amazon.com and the Aspen Institute’s publication website.
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