By Stephanie Augustin
Often world rankings for the best business schools only take into consideration Masters in Business Administration (MBA) using the MBA as a career booster. This is because many students specialise in subjects as varied as accounting, finance, human resource management, economics, entrepreneurship, and business administration at the bachelor’s level, making it difficult to classify them as business students. A large number of notable MBA successes also come from non-business backgrounds such as engineering, science, and media – using the MBA as a career booster.
What about scholars who are clear about going into business and management from the get-go? It is common knowledge that business schools (b-schools) in the West are still miles ahead of their African and Asian counterparts. However, with the Indian tiger and Chinese dragon economies slated to boom in the coming years, several Asian b-schools have started forging partnerships with West European and American counterparts, while Western schools have started incorporating international context into their course structures. These are the top 5 business schools across several regions:
Leveraging on its location in the bustling metropolis of London, Cass Business School has consistently topped the Guardian University Guide for undergraduate business degrees in the past seven years. Its rota of undergraduate programmes is very specialised, including Accounting & Finance, Actuarial Science, Banking & International Finance, Business Studies, Investment & Financial Risk Management, and Management. All courses have the option of a sandwich year, where students undergo paid 1-year placements with Bank of England, Goldman Sachs and Microsoft; as well as study abroad with any one of its 28 partner universities under the Student Exchange Programme. Find out more about studying business in the UK at undergraduate level and at postgraduate level.
For more than a century, ESSEC Business School has been known among Europeans as the foremost business school in the continent, and constantly churns out CEOs of multinationals such as Accenture and Coca-Cola. In recent years, however, ESSEC has been building international partnerships with renowned b-schools around the world such Dartmouth, Cornell, HK University of Science and Technology, Seoul and Beijing. Its single Bachelor of Business Administration (BBA) course was the first post-secondary program in France to be accredited globally by the Association to Advance Collegiate Schools of Business (AACSB) and European Quality Improvement System (Equis).
Part of the University of Notre Dame, Mendoza retained its top ranking of Businessweek’s Best Undergraduate B-Schools for the fourth year in a row. Not only are undergraduates given modules in science, liberal arts and other non-business aspects for a balanced education, more than 30% of them take a double major on top of the 6 business majors of accounting, finance, marketing, management with consulting, management with entrepreneurship, and management with information technology management.
University of Melbourne, Australia
Long considered Australia’s No 1 university, the University of Melbourne comes in 8th in the QS World University Rankings for accounting and finance courses, and 23rd for economics and econometrics. Its Bachelor of Commerce course allows students to specialise in any of the 7 possible majors: Accounting, Actuarial Studies, Business, Economics, Finance, Management, and Marketing. The concurrent diploma and ‘breadth’ options also give students added value with modules in engineering, psychology, or property and construction.
The National University of Singapore (NUS) Business School is the top Asian b-school in the QS World University Rankings for accounting and finance, coming at 12th in the world. Its BBA allows minors in management and technopreneurship for both business and non-business students to leverage on Singapore’s reputation as the ICT hub of Asia Pacific. Meanwhile, double degree options in Communication & New Media, Computing, Engineering, Law, and Economics are also available. Its exchange and value programmes can put b-school students in Harvard, Vanderbilt, ESSEC, and another 120 partner universities around the world for as short as a summer to an entire year.