1. Milano | Italy
SDA Bocconi News
Latest Rankings
Milano, February 2011
www.sdabocconi.it/newsda

2. Milano | Italy
Contents
FT Global MBA Rankings 2011 (January) pag. 2
Bloomberg Businessweek Int'l ROI Rank 2011 (January) pag. 11
QS Top B-Schools in Europe 2010 (December) pag. 19
Bloomberg Businessweek The Best Int'l B-Schools 2010 (December) pag. 25
FT European B-Schools Rankings 2010 (December) pag. 29
1

3. Milano | Italy
FT Global MBA Rankings 2011:
MBA gains 10 positions worldwide and enters the European top 10.
2

4. L’MBA SDA Bocconi scala 10 posizioni nella classifica mondiale del Financial
Times.
Nel Global MBA Rankings 2011 SDA Bocconi entra nella top 10 europea e raggiunge il 28° posto
nel mondo. Guadagna così 10 posizioni rispetto al 2010 ed è ora l’unica scuola italiana tra le top
30 al mondo.
SDA Bocconi scala la classifica dei programmi MBA del Financial Times pubblicata lunedì 31
gennaio 2011. Il suo MBA, infatti, guadagna quattro posizioni in Europa, salendo al 10° posto, e
ben dieci nel mondo, collocandosi al 28° posto. Un record storico per una Scuola italiana.
Il Global MBA Rankings del Financial Times si basa su 20 parametri, comprendenti i dati forniti
dalle Scuole e le valutazioni degli Alumni. Tra i tanti parametri in cui SDA Bocconi conferma di
eccellere ci sono l’avanzamento di carriera, la diversity, il successo nel placement e il ritorno
sull’investimento in formazione (rapporto tra incremento salariale dei partecipanti e spesa di
partecipazione al programma).
―Il posizionamento tra le migliori scuole internazionali è un nostro obiettivo primario e questo
ulteriore miglioramento nella classifica è una grande soddisfazione,‖ spiega Guido Tabellini,
Rettore dell’Università Bocconi. ―Questi risultati si raggiungono solo investendo continuamente in
ricerca, Faculty e didattica di qualità come fa la Bocconi.‖
L’ottimo posizionamento nel ranking FT è un’ulteriore conferma dei grandi risultati ottenuti
recentemente da SDA Bocconi, unica Scuola italiana in vetta alle classifiche dei principali ranking
internazionali. SDA Bocconi, infatti, ha iniziato il 2011 classificandosi come Scuola n° 1 al mondo
nel ranking di Bloomberg Businessweek per il ritorno sull’investimento del Full-time MBA, dopo
aver chiuso il 2010 aggiudicandosi il 17° posto e scalando sette posizioni nell'European Business
Schools Rankings del Financial Times, aver raggiunto il 5° posto in Europa nel Ranking di Top
MBA basato sulle valutazioni delle Aziende ed essere entrata tra le top 20 in quello di Bloomberg
Businessweek (18° posto al mondo, esclusi gli Stati Uniti).
―I risultati ottenuti sono frutto del crescente impegno per rafforzare ulteriormente l’internazionalità
della nostra Scuola e i rapporti con la business community e le Istituzioni,‖ spiega Alberto Grando,
Dean di SDA Bocconi. ―Questi riconoscimenti internazionali consentono infatti ai nostri diplomati di
valorizzare al meglio la loro esperienza formativa nel mercato del lavoro, raggiungendo risultati
professionali e posizioni manageriali di rilievo in ogni parte del mondo‖.
3

5. The SDA Bocconi MBA gains 10 positions in the Financial Times’ world ranking.
In the 2011 Global MBA Rankings, SDA Bocconi enters the European top 10 and reaches the 28th
position in the world, gaining 10 positions from 2010, and is now the only Italian school in the
world's top 30.
SDA Bocconi climbs the Financial Times’ ranking of MBA programs published on Monday, 31st
January 2011. Its MBA gains four positions in Europe, rising to the 10th position, and ten in the
world, reaching 28th place. This marks an historical record for an Italian School.
The Financial Times’ Global MBA Rankings 2011 is based on 20 parameters, including
information given by the Schools and Alumni assessments. Among the many parameters in which
SDA Bocconi excels are career progression, diversity, success in placement and return on
investment (ratio between the wage growth of participants and participation expenditure to the
program).
―The placement among the best international schools is one of our primary objectives and this
further improvement in the ranking gives us great satisfaction‖, Guido Tabellini, Rector of
Università Bocconi, explains. ―These results are reached only by investing constantly in research,
Faculty and quality didactics‖.
The great placement in the FT ranking is a further confirmation of the amazing results achieved
recently by SDA Bocconi, the only Italian School on the top of the charts of main International
Rankings. SDA Bocconi has started 2011 by placing first in the world in the Bloomberg
Businessweek Ranking for Full-Time MBA Return On Investment, and ended 2010 reaching the
17th position in the Financial Times’ Best European Business Rankings, gaining seven positions,
as well as entering the top 20 in the general Bloomberg Businessweek Ranking (18th position in
the world, United States excluded). In addition, SDA Bocconi reached 5th position in Europe in the
Top MBA Ranking based on the assessments of Firms.
―The accomplishments achieved are the result of the growing commitment to reinforce the
internationality of our School and the relationship with the business community and Institutions‖,
Alberto Grando, Dean of SDA Bocconi, explains. ―These international awards allow our graduates
to enhance their training experience in the labor market, achieving professional accomplishments
and outstanding management positions in every part of the world‖.
4

6. The global MBA ranking decoded.
To take part in the FT ranking, schools must have run a full-time MBA for four years and graduated
their first class at least three years ago. (Classes must have 30 or more students.) European or US
schools must be accredited by international bodies such as AACSB International, Equis or the
Association of MBAs.
The ranking is based on data from two main sources: alumni and schools. A total of 158 business
schools met the criteria and completed a survey. More than 21,000 alumni of the class of 2007
were asked to complete a survey, and more than 9,200 responses were submitted. The FT
surveys graduates three years after completion of an MBA to assess its effect on career
progression and salary. Fifty schools were excluded because of insufficient alumni data (at least 20
responses if the class is smaller than 100, otherwise 20 per cent). The rest were ranked, and the
table shows the top 100.
Three main areas are analysed: alumni salaries and career development, the diversity and
international reach of the school and its MBA, and the research capabilities of each school.
Within these areas, 20 criteria are used to determine the ranking. Eight are based on data from
alumni questionnaires, including ―Weighted salary (US$)‖, ―Placement success rank‖, ―Alumni
recommend rank‖ and ―International mobility rank‖. The figures for seven of these eight criteria are
based on data collected by the FT over three years. The information gathered for the 2011 MBA
survey carries 50 per cent of the total weight. Data from the 2010 and 2009 rankings carry 25 per
cent, respectively. Except for salary details, if only two years’ worth of data are available, the
weighting is split 60:40 if the information is from 2010 and 2009, or 70:30 if it is from 2010 and
2008 (where a programme did not make the top 100 in 2009).
For salary data, the weighting is 50:50 (the latest data are likely to be higher than previous years
and may distort the average). ―Value for money‖ is based on the 2011 MBA figures only.
The first three criteria examine alumni salaries and include the two most heavily weighted
components of the ranking: ―Weighted salary (US$)‖ and ―Salary percentage increase‖. Together
these contribute 40 per cent of the rank for each school.
For all salary data, full-time students and salary data of alumni in the non-profit and public service
sectors are removed. International Monetary Fund purchasing power parity rates are used to
convert the remaining data to US$ PPP-equivalent figures. The highest and lowest salaries are
excluded before schools’ average salaries are calculated. For larger schools, the average salary is
weighted to reflect variations between sectors. The weights are derived by calculating the
percentage of respondents in each sector. This breakdown is then used to calculate an overall
average school salary, which includes average salaries for each sector. Salary data on the table
are all US$ PPP-equivalent figures.
5

7. The salary percentage increase is calculated according to the increase in the average US$ PPP
salary for each school from before alumni started the MBA until 2010 (four or five years).
Eleven ranking criteria are based on data from schools, including ―Employed at three months‖ and
all criteria from ―Women faculty‖ to ―International board‖ and from ―International experience rank‖ to
―FT doctoral rank‖.
For the final column, ―FT research rank‖, papers written by faculty in 45 academic and practitioner
journals over the past three years are counted. Schools are awarded points per number of papers.
The mark is weighted for faculty size. The research rank contributes 10 per cent of the final score.
A Z-score is compiled for each column to account for the differences in score between each school
in that column and the spread of scores between the top and bottom school. The Z-scores are
added up to give a total score for each school.
Copyright The Financial Times Limited 2011. You may share using our article tools. Please don't
cut articles from FT.com and redistribute by email or post to the web.
6

8. Current rank School name Country
(Worldwide)
1 London Business School U.K.
1 University of Pennsylvania: Wharton U.S.A.
3 Harvard Business School U.S.A.
4 Insead France / Singapore
4 Stanford University GSB U.S.A.
6 Hong Kong UST Business School China
7 Columbia Business School U.S.A.
8 IE Business School Spain
9 MIT Sloan School of Management U.S.A.
9 Iese Business School Spain
11 Indian Institute of Management, Ahmedabad (IIMA) India
12 University of Chicago: Booth U.S.A
13 Indian School of Business India
14 IMD Switzerland
15 New York University: Stern U.S.A.
15 Yale School of Management U.S.A.
17 Ceibs China
18 Dartmouth College: Tuck U.S.A.
18 HEC Paris France
20 Duke University: Fuqua U.S.A.
21 Esade Business School Spain
21 Northwestern University: Kellogg U.S.A.
23 National University of Singapore School of Business Singapore
24 University of Michigan: Ross U.S.A.
25 University of California at Berkeley: Haas U.S.A.
26 University of Cambridge: Judge U.K.
27 University of Oxford: Saïd U.K.
28 SDA Bocconi Italy
29 Manchester Business School U.K.
30 Cornell University: Johnson U.S.A.
7

9. Current rank School name Country
(Europe)
1 London Business School U.K.
2 Insead France / Singapore
3 IE Business School Spain
4 Iese Business School Spain
5 IMD Switzerland
6 HEC Paris France
7 Esade Business School Spain
8 University of Cambridge: Judge U.K.
9 University of Oxford: Saïd U.K.
10 SDA Bocconi Italy
11 Manchester Business School U.K.
12 City University: Cass U.K.
13 Cranfield School of Management U.K.
14 Rotterdam School of Management, Erasmus Netherlands
University
15 Imperial College Business School U.K.
16 Lancaster University Management School U.K.
17 Durham Business School U.K.
18 Vlerick Leuven Gent Management School Belgium
19 Warwick Business School U.K.
20 Birmingham Business School U.K.
8

10. Pianificazione uscite annuncio (Italia) gennaio/febbraio 2011:
- Il Sole 24 Ore
- Corriere della Sera
- La Repubblica (Ed. Roma)
9

11. Pianificazione uscite annuncio (internazionale) gennaio/febbraio 2011:
- Financial Times
- Wall Street Journal Europe
- The Economist
- Moscow Times
- Valor Economico
- Shangai Daily
- Hurriyet
10

12. Milano | Italy
Bloomberg Businessweek Int'l ROI Rank 2011:
SDA Bocconi MBA: the best and quickest MBA investment in the world.
11

13. SDA Bocconi, l'MBA migliore al mondo per il ritorno sull'investimento.
12 gennaio 2011
Con un tempo medio di 2.25 anni l'MBA di SDA Bocconi risulta 1° al mondo per velocità di
recupero dell'investimento in formazione MBA.
Il programma si classifica primo al mondo nel ranking internazionale di Bloomberg
Businessweek che calcola il l tempo medio impiegato dai diplomati per recuperare il costo di
partecipazione all’MBA.
Con un tempo medio di 2.25 anni l’MBA di SDA Bocconi risulta 1° al mondo per velocità di
recupero dell’investimento in formazione MBA. Ad affermarlo è il nuovo ranking di Bloomberg
Businessweek cui hanno partecipato tutte le più importanti Businesss School internazionali. Il
calcolo si basa sul confronto fra il costo complessivo del programma e l’incremento salariale
ottenuto dai diplomati.
―Questo risultato mostra come il nostro MBA sia una scelta efficace, capace di coniugare una
formazione di alta qualità mirata ad un rapido e fruttuoso rientro nel mercato del lavoro, grazie
anche agli eccellenti e molteplici rapporti che la scuola intrattiene lavoro con i recruiters,‖
commenta Alberto Grando, Dean di SDA Bocconi School of Management.
Con questo piazzamento SDA Bocconi, unica Scuola italiana presente in tutti i più importanti
ranking internazionali, prosegue nei risultati positivi ottenuti nel 2010.
12

14. SDA Bocconi, the Best MBA in the World in Terms of Return on Investment.
The program is first in the Bloomberg Businessweek rankings for the average time graduates
need to recoup tuition.
With an average time of 2.25 years, the SDA Bocconi MBA places 1st in the world as the
investment in MBA training which pays itself back most quickly. This is according to Bloomberg
Businessweek’s new ranking of return on investment (ROI, the average time graduates need to
earn back tuition fees) for the best MBA programs around the world.
The result was reached by dividing expenses (including the cost of the program, room and
board expenses and the absence of the average salary during the attendance period) by the
average increase in salary after graduating from the MBA.
"This result illustrates that our MBA is a great choice, combining a high quality education with a
quick and profitable reentry into the job market, thanks in part to various excellent relationships
that the school has with recuiters and the business world," said Alberto Grando, Dean of SDA
Bocconi.
With this placement, SDA Bocconi, the only Italian school on all the major international
rankings, continues to add to the positive results obtained in 2010. In business school rankings,
SDA placed 17th in Europe in the Financial Times rankings, climbing seven spots, and is now
included in the Bloomberg Businessweek rankings placing 18th for schools outside the United
States.
13

15. The hits just keep coming for the MBA Class of 2010.
First, the economy crashed just as students were stepping into their first B-school classes. Then
the job market tanked. Jobs were scarce, salaries dipped, and students scrambled simply to
find summer internships, let alone full-time positions. Now, a new study done as part of
Bloomberg Businessweek's ranking of top full-time MBA programs suggests it's going to take
graduates longer to see a return on their MBA investments than their peers did from earlier
graduating classes.
Two years ago, Bloomberg Businessweek calculated that it would take members of the MBA
Class of 2008 an average of 5.6 years to recoup their MBA investment. For the Class of 2010,
the number jumped to 6.5 years. Why the difference? First, post-MBA salaries were lower in
2010 (down 6 percent from the 2008 average), while pre-MBA salaries were higher, meaning
the pay differential between what a grad made before and after earning the degree was not as
large. In addition, the overall cost of attending B-school increased, putting the Class of 2010 in a
less-than-ideal climate to begin earning a return.
The MBA ROI figure was calculated using a few different data points. First, the total dollar
amount the average student spends on a degree (tuition, fees, living expenses) was added to
the total salary given up to attend B-school. The median pre-MBA salary was then subtracted
from the median post-MBA salary, and the difference was divided into the total amount spent on
the MBA. The resulting number represents the length of time, in years, it will take the average
student to make a return on their investments.
European B-schools in the Lead
Based on this calculation, it will take members of the MBA Class of 2010 anywhere from two
and a quarter years to more than 14 years to recoup their money, depending on the school. The
data aren't perfect: They do not take into account annual salary increases, bonuses, or stock-
based compensation. But the numbers do give prospective students an idea of what kind of
return grads from the top MBA programs can expect.
At the top of the list for best MBA ROI are five European B-schools, with Milan's SDA Bocconi
(SDA Bocconi Full-Time MBA Profile) leading the way. At Bocconi, it takes students just
over two years to move into the black, thanks mostly to the fact that it only takes one
year to earn the degree, compared with the two-year commitment that most U.S.
programs require. This means less time away from the workforce and a lower total cost.
The next three schools—HEC-Paris (HEC Full-Time MBA Profile), Manchester Business School
(Manchester Full-Time MBA Profile), and Cranfield School of Management (Cranfield Full-Time
MBA Profile)—also allow students to graduate in less than two years, and each requires fewer
than three years to begin generating a return on the B-school investment.
Good Showing by State Schools
14

16. The U.S. MBA programs that fare the best are predominantly those at state schools. Texas
A&M's Mays Business School (Mays Full-Time MBA Profile) gains the fastest return, in just
under three and a half years. Mays benefits by being one of the few U.S.programs that is a year
and a half in length, so the total expenses, at just under $70,000, are considerably lower than at
most other U.S.schools.Michigan State's Broad College of Business (Broad Full-Time MBA
Profile), where grads get a 145 percent salary jump after B-school, on average, and the College
of Business at the University of Illinois (Illinois Full-Time MBA Profile), also have strong
showings in the ROI calculation.
Interestingly, the schools that suffer most in the ROI ranking are the top U.S. programs. Grads
from the top five schools in Bloomberg Businessweek's full-time MBA ranking will need an
average of 10 and a half years to achieve a return on their investment. Why so long? These
programs generally have the highest tuition costs, and they also attract applicants with high pre-
MBA salaries, two negatives in the ROI calculation. The average pre-MBA salary at such
schools as the University of Chicago's Booth School of Business (Booth Full-Time MBA Profile)
and Harvard Business School (HBS Full-Time MBA Profile)—where students earn on average
more than $80,000 before starting their programs—is higher than many graduates earn after
they graduate.
True, grads from these elite B-schools graduate with salaries north of six figures and with high-
powered alumni networks that will propel their careers forward for decades. But the actual
percentage increase in salary is not as large as it is at schools with lower pre-MBA
compensation. This is especially important when considering forgone salary over the course of
a two-year program.
On average, a student at Case Western's Weatherhead School of Management (Weatherhead
Full-Time MBA Profile), gives up a total of $78,000 while in B-school.An MBA at Stanford's
Graduate School of Business (Stanford Full-Time MBA Profile) forgoes more than twice as
much ($170,000). When you consider that the total B-school costs at top schools can easily
eclipse $300,000, it makes sense that it would take longer for a grad at a school such as
Stanford to recoup the costs associated with the degree.
As the job market rebounds and MBA salaries get back to prerecession levels, the time it takes
MBA grads to earn a return on their investment is expected to decrease. Until then, patience will
be a virtue.
15

17. ROI Rank 2010 Best Ranking School Total B- Post-MBA Years to
B-School School Pay Recoup B-
Ranking Cost ($)1 Increase School
($) Costs 2
1 18 Int'l SDA 118967 52800 2.25
Bocconi
2 14 Int'l HEC Paris 156175 68000 2.3
3 17 Int'l Manchester 127209 47500 2.68
Business
School
4 13 Int'l Cranfield 111665 38000 2.94
5 12 Int'l IESE 212715 67000 3.17
6 30 U.S. Texas A&M 136860 40000 3.42
(Mays)
7 20 U.S. Michigan 179174 51000 3.51
State
(Broad)
8 9 Int'l York 138750 38500 3.6
(Schulich)
9 46 U.S. Illinois 179032 46500 3.85
Urbana-
Champaign
10 3 Int'l IE Business 152000 39000 3.9
School
16

18. Pianificazione uscite annuncio (Italia) gennaio 2011:
- Il Sole 24 Ore
- Corriere della Sera
17

19. Pianificazione uscite annuncio (internazionale) gennaio 2011:
- The Moscow Times
- The Economist
18

20. Milano | Italy
QS Top B-Schools in Europe 2010:
SDA Bocconi 5th in Europe amongst the top 200 Business Schools
according to 5000 Recruiters around the world.
19

21. SDA Bocconi, l'MBA e' gradito dalle aziende.
21 dicembre 2010
Quinto in Europa nel ranking di Top MBA basato sulle valutazioni dei recruiter. Valutato sesto
nel mondo per la preparazione dei diplomati in management internazionale e 11esimo in
finanza
SDA Bocconi scala due posizioni e si colloca 5° in Europa nel ranking Global Top 200 Business
Schools 2010 basato sulla valutazione dei diplomati MBAda parte di 5.000 recruiter in tutto il
mondo. Secondo i recruiter, i diplomati SDA eccellono poi in particolare per la loro preparazione
nelle tematiche di management internazionale, collocando la SDA 6° nel mondo, e finanza, 11°
nel mondo in questa sezione.
Con questo risultato SDA Bocconi chiude un anno di risultati positivi e riconoscimenti a livello
internazionale. Scalando sette posizioni SDA si è classificata al 17mo posto nel recente ranking
del Financial Times delle migliori business school in Europa. Quest’anno poi l’MBA della SDA è
entrato anche nell’importante classifica di Business Week, dopo quelle di FT e The Economist,
posizionandosi al 18° posto al mondo, esclusi gli Stati Uniti.
Elaborato da QS, il network internazionale dedicato alla formazione e alle professioni che stila
anche il World University Ranking, il ranking è pubblicato sul loro portale Top MBA. Il ranking
finale è suddiviso in primo luogo per continenti e include 80 scuole in Nord America, 67 in
Europa, 36 in Asia, 10 in America Latina e 7 in Africa e Medio oriente. Le scuole sono poi
classificate a livello mondiale in diverse classifiche basate sulla valutazione dei diplomati da
parte delle aziende in diverse aree di specializzazione.
20

22. SDA Bocconi MBA: Companies Like It.
According to recruiters, SDA Bocconi MBA is #5 in Europe in QS Top Business Schools
rankings, while placing 6th worldwide for International Management and 11th for Finance
SDA Bocconi School of Management has climbed two positions and now ranks 5th in Europe,
according to the QS Global 200 Top Business Schools - 2010 Report, which evaluates MBA
graduates by polling the opinions of 5,000 recruiters around the world. Company recruiters also
appreciate SDA Bocconi MBA graduates for their knowledge of issues in International
Management, and have thus placed SDA Bocconi School of Management in the 6th position in
the world for this field, while its MBA graduates placed 11th for Finance.
With these positive results, SDA Bocconi concludes a year full of international
acknowledgments. By climbing seven spots with respect to the earlier edition, SDA Bocconi is
#17 in Europe in the Financial Times' ranking of business schools. Furthermore, in 2010 SDA
Bocconi MBA also made it into the important Bloomberg Businessweek rankings. It was
considered the 18th best business school in the world outside the US.
QS, which also compiles the World University Ranking, is an international network devoted to
the assessment of academic and professional education. The final sample is divided by world
region. This year, it includes 80 North American, 67 European, 36 Asian, 10 Latin American,
and 7 African and Middle Eastern management schools. Schools have then been ranked
wordlwide according to the evaluations made by companies in various fields of specialization.
21

23. European economies are recovering following the credit crunch, yet MBA demand has
remained relatively strong, and the numbers of employers in Europe responding to our survey
was at record levels in 2010/11. Katty Ooms Suter, director of marketing, admissions and
career services at IMD in Switzerland, observes that MBA recruiting ―has definitely taken a step
forward compared to the previous two years.‖ She adds ―pretty much all companies contacted
by IMD in 2010/11, across many industries, are keen to recruit MBAs in small amounts… for
specific needs or open positions rather than generic talent recruiting.‖ Read on >
Ursula Schwarzmann, staffing manager at GE Energy Europe says, ―In 2009 we filled
approximately 1,300 jobs. Our staffing goal for 2010/11 is trending in the same direction. In the
year to date we’ve already filled approximately 1,000 positions. We are experiencing a very
dynamic hiring trend. Last year 15-20% of all new hires were for entry-level positions (MBA or
Masters).‖
Europe now hosts an array of top MBA programs and is challenging the hegemony of top
business schools in North America with a different teaching style and, generally, one-year
programs. Europe’s oldest business school, INSEAD, opened its doors to the first intake of
students in 1957 and was followed by the establishment of London Business School and
Manchester Business School in 1964. After a relatively slow adoption of MBA studies in Europe
for the first 40 years after the Second World War, the last 20 years has seen an explosion in the
number of schools and the continent now hosts MBA programs in practically all of its countries.
The key, according to the continent’s professional recruitment companies, seems to be the
production of graduates who have solid pre-school experience and who can hit the ground
running with their new employer. ―As markets in Europe get tougher, organizations are looking
for immediate results,‖ says Graeme Read, group managing director at international recruiter,
Antal. ―That means candidates who have a track record of achievement in their field. An MBA is
highly valued, but not if it’s all an individual has to offer.‖
In 2010/11, INSEAD and London Business School remain the top business schools amongst
international employers and receive as much or more interest than their leading US
counterparts. Spanish schools also feature very prominently with ESADE, IESE and IE
Business School all appearing within the cluster of 12 European schools achieving more than
20% of employer votes in 2010/11. They are joined by Oxford, SDA Bocconi, HEC Paris, IMD,
Cranfield, Cambridge and RSM.
The 2nd cluster of top business schools in Europe all exceeding 10% of employer votes
includes; Warwick, Imperial, ESSEC, Manchester, Copenhagen, Edhec, Cass, EM Lyon and
and MIP Politecnico di Milano. These schools have all established a strong franchise with
European-based recruiters though have achieved less recognition in Asia or North America,
compared to the schools above them.
The 3rd cluster of top business schools in Europe achieve between 8% and 9.9% of employer
votes and includes; CEU, Warsaw University of Technology Business School, AUEB and
22

24. Ashridge. British business schools always feature prominently amongst employer choices and
2010/11 was no exception. Within the top 200 schools there are no less than 23 UK schools (up
two from the previous report); LBS, Oxford, Cranfield, Cambridge, Warwick, Imperial,
Manchester, Cass, Ashridge, Henley, Aston, Bradford, Bath, Strathclyde, Lancaster, Oxford
Brookes, Nottingham, University of Edinburgh, Birmingham Business School, Durham,
Glasgow, University of Sheffield and University of Leeds Business School.
French schools are well represented amongst the top European business schools with;
INSEAD, HEC Paris, ESSEC doing particularly well, followed by EM Lyon, Edhec, Audencia,
Grenoble, Aerospace Toulouse and ENPC also featuring within the Top 200. ESCP-EAP has
been excluded from the results because they now only offer an Executive MBA and part-time
programs which are subject to a separate evaluation.
Although Central Europe as a whole has not reported a significant uplift in MBA demand in
2010/11, several Central European countries are hotspots for MBA jobs. Continuing the trend
from last year, one of the hottest countries is Russia, with a 22% uplift in MBA career
opportunities in 2010/11. With growing international ambitions, many Russian companies are
seeking MBAs to open up new markets in energy, raw materials, manufacturing and financial
services. Elizaveta Komolova, an HR consultant with Morgan Hunt in Moscow says Russian
companies ―are looking to hire more and more MBAs compared to recent years. An MBA is
becoming a default attribute of a successful manager.‖ There remains a shortage of quality
MBA programs within Russia with the new business school – Skolkovo – immediately attracting
employer attention (Skolkovo is excluded from our survey because it has yet to graduate a full-
time MBA class, though it has graduated EMBA classes). Within the region as a whole, CEU
(Hungary), Warsaw University of Technology (Poland), Athens University of Economics and
Business, Alba (Greece) and Corvinus (Hungary) all feature in the Top 200.
Swiss business schools are also increasingly popular with employers. In Switzerland, IMD
always features amongst the top 10 business schools in Europe, while University of St Gallen
has been rising steadily. Business School Lausanne, European University and University of
Geneva International's MBAs also make the top 200 (HEC Lausanne has been excluded
because it only offers a part-time MBA in 2010/11).
German business schools have developed a growing following of employers although these
schools are relatively young and still proving their credentials to many employers. A sample of
22 companies in Germany indicated a 4% rise in MBA demand in 2010/11. The German
economy is usually the engine of MBA demand in Western Europe. Strong demand for German
goods in Asia in particular, has fuelled a demand for Asian MBAs to join German companies.
Likewise, many service companies are desperate to recruit German MBAs to serve their
successful German clients. The German schools that featured in the Top 200 this year include:
EBS, WHU, ESMT, Mannheim, GISMA, and Leipzig.
New entrants amongst the 67 Top Business Schools in Europe in 2010/11 include; MIB (based
in Trieste, serving primarily the Balkan, Austrian, Slovenian and Italian markets), Oxford Brooks
University Business School, European University (based in Switzerland, Spain as well as an
optional rotational MBA program with campuses in North America and Asia as well, specialising
in family business and innovation), Birmingham Business School, University Nova de Lisboa
(offering an MBA in partnership with MIT), ENPC, and Leeds University Business School.
Employers’ top 10 preferred business schools in Europe are: INSEAD, London Business
School, Oxford, IESE, SDA Bocconi, ESADE, HEC Paris, IMD and IE Business School.
23

25. Top Business Country Regional Avg. Salary Class Size Avg. GMAT Avg. Years
School Name Rank 2010 Score Work
INSEAD France 1 $110304 994 704 6
London United 2 $103440 315 697 5
Business Kingdom
School
Oxford United 3 $108836 240 685 6
University: Kingdom
Said
IESE Business Spain 4 N/A 215 672 4
School
SDA Bocconi Italy 5 $96027 100 650 5
ESADE Spain 6 N/A 180 670 5
HEC Paris France 7 N/A 200 682 6
IMD Switzerland 8 $125000 90 670 7
IE Business Spain 9 $84240 492 670 5
School
Cranfield United 10 $91545 148 680 7
School of Kingdom
Management
24

26. Milano | Italy
Bloomberg Businessweek The Best Int'l B-Schools 2010:
SDA Bocconi amongst the top 20 global MBA's.
25

27. SDA Bocconi unica scuola italiana nei top global di Bloomberg Business Week.
01 dicembre 2010
L'Mba entra nella ristretta lista della classifica Top Global Mba e si piazza al 18 posto
Ogni due anni Bloomberg Business Week elabora sulla base della valutazione dei recruiter,
degli studenti e della capacità di ricerca dei docenti, due ristrette liste che riportano i migliori
programmi Mba full-time disponibili rispettivamente negli Stati Uniti (Top US Mba) e nel resto
del mondo (Top Global MBA). La SDA Bocconi, unica scuola italiana, è riuscita a entrare tra i
Top Global Mba classificandosi al 18 posto (12 posto tra le scuole europee). E' un ulteriore
riconoscimento della qualità del programma, l'unico in Italia ad essere presente anche nelle
classifiche dei migliori Mba elaborate dal Financial Times e dall'Economist.
"Per la prima volta la SDA Bocconi riesce ad essere presente contemporaneamente in posizioni
di assoluto rilievo in tutte le tre più importanti classifiche mondiali dei migliori Mba,‖ dice Valter
Lazzari, direttore del programma. ―E' un risultato importante che si spera di consolidare e
mantenere perché significa che la qualità del nostro Mba emerge a livello internazionale
indipendentemente dal sistema di valutazione adottato.‖
E Alberto Grando, direttore della Scuola, sottolinea come "in questo modo i nostri alumni hanno
ottime credenziali in termini di formazione da poter spendere in qualunque angolo del mondo
dal momento che o l'uno o l'altro di questi ranking risulta essere il più riconosciuto nei diversi
continenti. Scuola italiana per manager globali, quindi, in perfetta assonanza con la missione
della Scuola".
26

28. SDA Bocconi Only Italian School in Bloomberg Businessweek's Top Global
Schools.
MBA debuts on the short list of Top Global MBA ranking, placing 18th
Every two years, Bloomberg Businessweek compiles an evaluation of recruiters, students and
Faculty research, creating two short lists that report the best full-time MBA programs available in
the United States (Top U.S. MBAs) and the rest of the world (Top Global MBAs). SDA Bocconi,
the only Italian school on the list, has ranked 18th in The Best International B-Schools of 2010
(12th place among European schools). It is another recognition of the program's quality, as SDA
Bocconi is also the only in Italy to be in the rankings of top MBAs from the Financial Times and
The Economist.
"For the first time, SDA Bocconi has been placed in important positions in all three of the
leading world rankings of the best MBAs at the same time," says Valter Lazzari, Director of the
program. "It's an important outcome that we hope to maintain because it means that the quality
of our MBA is visible at an international level, regardless of the evaluation system adopted."
Alberto Grando, Dean of the School, emphasizes that "in this way our alumni have outstanding
credentials in terms of education which they can spend anywhere in the world, no matter which
of these rankings is most recognized in the various continents. It is an Italian school for global
managers, in perfect harmony with its mission."
27

29. 2010 Rank 2008 Rank School
1 3 INSEAD
2 1 Queen's
3 2 IE Business School
4 6 ESADE
5 5 London Business School
6 4 Western Ontario (Ivey)
7 7 IMD
8 8 Toronto (Rotman)
9 2T York (Schulich)
10 2T Cambridge (Judge)
11 2T McGill (Desautels)
12 9 IESE
13 NR Cranfield
14 2T HEC Paris
15 NR HEC Montreal
16 10 Oxford (Said)
17 2T Manchester Business School
18 NR SDA Bocconi
28

30. Milano | Italy
FT European B-Schools Rankings 2010:
SDA Bocconi the only Italian Business School
amongst the top 20 BS in Europe.
29

31. Ranking FT: SDA Bocconi batte le inglesi LSE e Imperial college.
Con un balzo di 7 posizioni SDA Bocconi si piazza al 17mo posto nel ranking dei ranking di
Financial Times. Prima Scuola italiana nelle classifiche internazionali, il risultato chiude un 2010
ricco di riconoscimenti e successi
Con il successo nel ranking dei ranking di FT SDA Bocconi chiude un anno di risultati positivi e
riconoscimenti a livello internazionale. Sono ben 7 infatti le posizioni che conquista nella
classifica FT european business school 2010 posizionandosi al 17° posto e scavalcando così le
inglesi Imperial College e London School of Economics and Political Sciences.
Il risultato nel ranking di FT è stato possibile grazie agli ottimi piazzamenti ottenuti da SDA
Bocconi nei ranking specialistici che ogni anno FT propone: quello relativo all’ MBA (14°), al
Master in Management (31° al debutto avvenuto quest’anno) ed all’Executive Education (11°
nei programmi su misura e 12° in quelli open).
Unica Scuola italiana presente in tutti i più importanti ranking internazionali, SDA Bocconi si
conferma così tra i leader europei dell’alta formazione. Quest’anno l’MBA di SDA Bocconi, è,
infatti, entrato anche nell’importante classifica di Business Week, dopo quelle di FT e The
Economist, posizionandosi al 18° posto al mondo, esclusi gli Stati Uniti, e al 12° posto tra le
scuole europee. Risultati che si aggiungono a quelli ottenuti nei ranking elaborati da Qs che
pongono l’MBA di SDA Bocconi al 5° posto in Europa, la Bocconi al 48° posto al mondo tra gli
atenei in social sciences and management, con un balzo in avanti di ben 20 posizioni in un
anno, e al 21° posto al mondo tra le università target per le attività di recruitment.
"I risultati positivi ottenuti nel 2010 riguardano due asset fondamentali per la nostra Università‖,
spiega Guido Tabellini, rettore dell'Università Bocconi. ―Prima di tutto l’internazionalizzazione
dei nostri programmi che si traduce in maggiori possibilità di esperienze di studio e internship
all’estero e più studenti e docenti internazionali in un contesto pienamente multiculturale. In
secondo luogo il solido collegamento con il mondo del lavoro ‖.
―Negli ultimi ranking la nostra Scuola ha superato business school di valore,‖ spiega Alberto
Grando, dean di SDA Bocconi School of Management. ―In questo modo i nostri diplomati
master hanno ottime credenziali in termini di formazione da poter spendere in qualunque angolo
del mondo dal momento che o l'uno o l'altro di questi ranking risulta essere il più riconosciuto
nei diversi continenti. Scuola italiana per manager globali, quindi, in perfetta assonanza con la
sua missione".
La capacità innovativa e la qualità dei programmi SDA Bocconi sono confermate anche da
alcuni recenti riconoscimenti. Nel corso del 2010 SDA Bocconi ha riottenuto infatti la full
accreditation dai più importanti enti di accreditamento mondiali: EQUIS e AMBA.
30

32. FT Ranking: SDA Bocconi Now Outranks British Schools LSE and Imperial
College.
With its recent success in the FT rankings, SDA Bocconi completes another year of positive
performance at the international level
The school climbed seven spots in the 2010 FT ranking for European Business Schools, placing
17th and overtaking the British institutions Imperial College and London School of Economics
and Political Sciences.
The position in the FT rankings was possible due to outstanding placements SDA Bocconi
obtained in the specialized rankings FT examines each year: MBA Programs (14th), Master in
Management (31st in its debut year) and Executive Education (11th in custom programs and
12th in open enrollment programs).
The only Italian school present in all of the most important international rankings,SDA Bocconi
has established itself as a European leader in higher education. This year, SDA Bocconi MBA
has entered the Business Week ranking, as well as the FT and The Economist, placing 18th
among non-U.S. institutions and 12th among European schools. All this is in addition to the QS
rankings which place the SDA Bocconi MBA 5th in Europe, and Università Bocconi 48th in the
world among universities in social sciences and management, an increase of 20 places in one
year. Università Bocconi has also placed 21st in the world among target universities for
recruitment activities.
"The positive results obtained in 2010 concern two fundamental assets for our University,"
explains Guido Tabellini, Rector of Università Bocconi. "First of all, the internationalization of our
programs translates into increased opportunities for study and internship experiences abroad
and more international students and Faculty in a fully intercultural setting. Secondly, there is a
solid connection with the business world."
"Our School has surpassed high quality business schools in the latest rankings," explains
Alberto Grando, Dean of SDA Bocconi. "Our Master graduates therefore have outstanding
credentials in terms of education which they can utilize anywhere in the world, no matter which
of these rankings is most recognized in the various continents. It is an Italian school for global
managers, in perfect harmony with its mission."
The innovative capacity and the quality of SDA Bocconi programs have been confirmed by
several additional recent recognitions. During 2010, SDA Bocconi regained full accreditation
from the most important global accreditation institutions: EQUIS and AMBA.
31

33. The 2010 Financial Times European business school ranking sees HEC Paris come first once
again. Despite challenges from old adversaries and newcomers alike, the grande école has
been Europe’s top school for five years in a row. London Business School is ranked second and
Insead third.
HEC’s continued domination of the ranking – a combination of the five business school rankings
published annually by the FT – is partly explained by its range of expertise: it is one of only five
schools to feature in all of the FT rankings in 2010. The quality of its programmes is apparent.
Each is ranked in the top 10 in Europe, including a top place for the customised programmes
the school designs to business clients’ specifications.
HEC forms part of the Trium executive MBA programme – in which it collaborates with the
London School of Economics and Political Science and the Stern School of Business at New
York University – is second among programmes involving European schools in the global
EMBA rankings. It is also the second European school in the global masters in management
rankings.
According to one masters in management alumnus, a degree from HEC is invaluable in the job
market. ―HEC is recognised as a quality brand in the financial world,‖ he says.
The experience of his peers from the class of 2007, surveyed as part of the FT 2010 ranking,
support this claim. When asked about achievement of various personal goals following their
degree, including career progression, international mobility and earnings, 82 per cent of
graduates responded that they had accomplished their aims. This is perhaps not surprising,
given the comments of another alumnus: ―HEC Paris is the school of reference in France. It
opens any door.‖
The Paris-based school has not had things all its own way in 2010. The loss of the number-one
spot in the masters in management ranking is a notable example. Having missed out to the
Cems programme in 2009 (a global alliance of 25 business schools not eligible for the
European schools ranking), HEC found itself relegated to third in 2010. The top spot was taken
by ESCP Europe, edging out its rivals thanks to high scores for its internationalism. This rise to
the top, coupled with a re-entry in the ranking of customised programmes, has helped ESCP to
seventh place in the overall European table, up five from last year.
Another notable climber in 2010 is the Saïd Business School at the University of Oxford. Having
made its debut in the executive MBA ranking this year, ranked 15th of the European schools,
Saïd climbed seven places to reach 11th position in the combined ranking.
It is a similar story for Universität St Gallen. The Swiss school entered the top 10 in the masters
in management ranking and jumps 14 places in the European league table to finish 16th this
year. Another school to break into the top 20 is SDA Bocconi at number 17, up seven places
from last year.
Since the inaugural European business school ranking in 2004, the number of schools in the
classification has increased each year. The 75 schools featured in 2010, spanning 21 European
32

34. countries, is close to double the 40 schools listed in the very first ranking. The UK emerges as
the primary location for schools in the ranking, with 21 out of the 75 having a presence there.
France is not far behind, with 18 schools in total.
New entries include the European School of Management and Technology, at joint 45th thanks
to its listing in both the custom and open executive education rankings. Aarhus School of
Business at Aarhus University makes its debut at number 69 thanks to its masters in
management programme. Overall, the masters in management degree remains the most
common programme among European schools in the FT ranking. Fifty-eight schools have a
ranked masters degree, compared with 32 schools with an MBA and 34 with an executive MBA.
Copyright The Financial Times Limited 2010. You may share using our article tools. Please
don't cut articles from FT.com and redistribute by email or post to the web.
33

35. Ranking Business School Country
1 HEC Paris France
2 London Business UK
School
3 Insead France / Singapore
4 IMD Switzerland
5 IE Business School Spain
6 Rotterdam School of Netherlands
Management,
Erasmus University
7 ESCP Europe France / UK / Germany / Spain / Italy
8 Esade Business Spain
School
9 Iese Business School Spain
10 EM Lyon Business France
School
11 University of Oxford: UK
Saïd
12 City University: Cass UK
13 Vlerick Leuven Gent Belgium
Management School
14 Essec Business School France / Singapore
15 Cranfield School of UK
Management
16 Universität St.Gallen Switzerland
17 SDA Bocconi Italy
18 Imperial College UK
Business School
19 Stockholm School of Sweden / Russia / Latvia
Economics
20 University of UK
Strathclyde Business
School
21 Warwick Business UK
School
22 Aalto University Finland / S. Korea / Singapore
School of Economics
23 Copenhagen Business Denmark
School
24 TiasNimbas Business Netherlands
School, Tilburg
University
34

36. Pianificazione uscite annuncio (Italia) dicembre 2010:
- Il Sole 24 Ore
- Corriere della Sera
- La Repubblica
35

37. Pianificazione uscite annuncio (internazionale) dicembre 2010:
- WSJ Ed. Europe
- Financial Times
- The Economist
- Valor Economico
- The Moscow Times
- Hurriyet
- Shangai Daily
36