Forbes Ranks NUS MBA Top in Asia (Singapore MBA News: Sep 18-25)

Each week I will share with you interesting news and analysis involving top MBA programs in Singapore.  Demand and rankings for Asian MBA programs are rising, given their proximity to growing Asian markets, and their relatively great value for money. NUS has also launched the NUS PhD-MBA program to encourage technopreneurship – MBA and PhD tuition is free if you qualify.

Forbes Ranks NUS MBA Top in Asia (PRWeb)

“The National University of Singapore (NUS) Business School’s Master of Business Administration (MBA) programme has topped Forbes’ list of MBA rankings for the first time.”

“Among top business schools outside the United States, NUS Business School’s ranked fourth after London Business School in top spot, Manchester Business School and Spain’s IESE Business School. China Europe International Business School (CEIBS) was placed fifth.”

“The Forbes rankings are based on the Return on Investment (ROI) achieved by the MBA class of 2006 through a survey of individual graduates.”

The MBA’s New Dawn (Forbes)

“The balance of world economic power is shifting east, and the potential impact on business education is huge. Though the Graduate Management Admissions Council  reports that candidates from Asia Pacific make up 57% of the applicant pool to U.S. two-year M.B.A. programs, the heavy flow of applicants to schools in Europe and North America may drop off as the East’s brightest and best opt for study closer to home, and case studies about Asian companies become more relevant than those about their Western peers.

Which raises the question whether the balance of world intellectual power may also be shifting. And whether the future business school of choice may not be in Massachusetts, Pennsylvania or Barcelona but in Shanghai, Hyderabd or Singapore.”

“Since 2006 the school [National University of Singapore] has seen a three-fold increase in the number of North American applicants for the M.B.A. programs and more than a four-fold increase in European applicants.”

“With growing concern that the tuition fees at many 2-year programs in the U.S. are reaching unsustainable levels, a select number of schools in Asia make a strong case for an affordable top-tier M.B.A. with an excellent return on investment. Graduates at HKUST this year reported a three-year increase of 142% over their pre-M.B.A. salary, while 98% of recent ISB graduates had found a job within three months of graduating. With tuition and living expenses in these one-year programs at less than half the U.S. equivalent, these schools are opening other career doors, rather than closing them.”

NUS Launches the NUS-PhD MBA (NUS web site)

“The NUS PhD-MBA aims to attract and train talented science and engineering students who have the potential to create and lead technology companies. The programme is jointly hosted by the NUS Graduate School for Integrative Sciences and Engineering (NGS) and the NUS Business School. The programme has three pillars. Students develop their research skills by doing a PhD in a scientific and/or technology discipline. Concurrently students develop business acumen by working on an MBA degree. Internships in technology comnpanies provide practical technology business training, and form the third pillar.

– Concurrent PhD and MBA, taking much less time than completing both separately
– Choice of any subject for the PhD, from the life and physical sciences to engineering and IT
– Monthly (12 months per year) tax-free stipend of S$2,600 to S$3,200 (depending on whether or not scholar chooses to work in Singapore upon graduation)
– PhD tuition waiver, full MBA tuition fee waiver”

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