The Schulich School of Business in Toronto is the top-ranked Canadian institution in an international ranking of MBA programs compiled by The Economist.
The York University school was No. 9 in the British magazine’s annual ranking, putting it ahead of five other Canadian schools that offer university-level business degrees.
The No. 1 ranking went to Dartmouth College’s Tuck School of Business in New Hampshire. The second-highest was Booth School of Business at the University of Chicago.
The famed Harvard Business School was ranked No. 5 and the London Business School was No. 13.
McGill University’s Desautels Faculty of Management in Montreal was the second-highest Canadian school on the list at No. 64.
The others were the John Molson School of Business in Montreal at Concordia University (No. 80), the University of Calgary’s Haskayne School of Business (No. 81) and the Sauder School of Business in Vancouver at the University of British Columbia (No. 82) and HEC Montreal (No. 96).
The Economist, one of the world’s most prominent business-oriented magazines, said it used four categories of information to compile its ranking and weighted them according to student feedback.
The four major criteria (and their weightings) were: opening career opportunities (35 per cent), personal development and educational experience (35 per cent), increasing salary (20 per cent) and the potential to network (10 per cent).
The magazine acknowledged that such rankings are difficult to compile and sometimes controversial.
“To compare a one-year Danish program with a cohort of 50 students with a two-year American one with 1,000 is to court controversy. The lowly-ranked often feel misjudged, and say so. We welcome their feedback.”
Editor's note: The Richard Ivey School of Business at the University of Western Ontario, the School of Business at Queen's University and the Rotman School of Management at the University of Toronto do not participate in the Economist’s MBA school rankings. Incorrect information appeared in an earlier version of this story. This version has been corrected.
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| Rank 2011 (2010) | School | Country | Avg. salary of new grads (U.S. dollars) | Grads in jobs within 3 months (per cent) | Total tuition fees (U.S. dollars) | Duration of program (months) |
| 1 (2) | Dartmouth (Tuck) | U.S. | $106,578 | 97 | $101,400 | 21 |
| 2 (1) | Chicago (Booth) | U.S. | 108,045 | 91 | 101,800 | 21 |
| 3 (6) | IMD | Switzerland | 129,600 | 96 | 57,692 | 11 |
| 4 (11) | Virginia (Darden) | U.S. | 100,839 | 87 | 99,000 | 21 |
| 5 (4) | Harvard | U.S. | 114,896 | 95 | 102,400 | 24 |
| 6 (3) | California at Berkeley (Haas) | U.S. | 107,451 | 90 | 104,656 | 21 |
| 7 (12) | Columbia | U.S. | 106,472 | 93 | 106,416 | 20 |
| 8 (7) | Stanford | U.S. | 118,793 | 92 | 110,400 | 21 |
| 9 (10) | York (Schulich) | Canada | 93,450 | 89 | 63,000 | 8-16 |
| 10 (5) | IESE | Spain | 119,067 | 92 | 94,267 | 19 |
| 11 (13) | MIT (Sloan) | U.S. | 110,000 | 95 | 105,800 | 22 |
| 12 (14) | New York (Stern) | U.S. | 110,448 | 90 | 88,800 | 22 |
| 13 (19) | London | Britain | 105,264 | 91 | 80,448 | 15-21 |
| 14 (9) | HEC Paris | France | 128,616 | 85 | 60,000 | 16 |
| 15 (8) | Pennsylvania (Wharton) | U.S. | 113,659 | 87 | 107,852 | 21 |
