SINGAPORE: The National University of Singapore's (NUS) MBA programme has topped the ranking among business schools in Asian universities.
That's according to the latest Forbes ranking published on Thursday.
This is the first time a Singapore business school has made the list.
Outside the US, the NUS MBA programme ranks fourth.
Globally, the top spot went to the London Business School, followed by Manchester Business School and Spain's IESE Business School.
China Europe International Business School (CEIBS) was placed fifth. No other Singapore business school was ranked.
The rankings are based on a survey of individual graduates from the class of 2006.
Forbes compared the earnings of graduates in their first five years out of business school to their opportunity costs.
This includes forgone salaries for the duration of the programme, as well as tuition and all other mandatory fees required for their course of study.
The survey also adjusted for cost-of-living expenses and took into consideration students who received scholarships or study awards to reflect the average actual cost of completing the NUS MBA.
Professor Bernard Yeung, dean and Stephen Riady distinguished professor of NUS Business School, said:"We are proud to see our graduates excelling amid global competition and we are greatly encouraged by the recognition from Forbes.
"The ranking attests to the quality and value of the NUS MBA. This is added motivation for us to continue focusing on providing top-quality teaching, and enhancing the educational experience and employability of our students."
That's according to the latest Forbes ranking published on Thursday.
This is the first time a Singapore business school has made the list.
Outside the US, the NUS MBA programme ranks fourth.
Globally, the top spot went to the London Business School, followed by Manchester Business School and Spain's IESE Business School.
China Europe International Business School (CEIBS) was placed fifth. No other Singapore business school was ranked.
The rankings are based on a survey of individual graduates from the class of 2006.
Forbes compared the earnings of graduates in their first five years out of business school to their opportunity costs.
This includes forgone salaries for the duration of the programme, as well as tuition and all other mandatory fees required for their course of study.
The survey also adjusted for cost-of-living expenses and took into consideration students who received scholarships or study awards to reflect the average actual cost of completing the NUS MBA.
Professor Bernard Yeung, dean and Stephen Riady distinguished professor of NUS Business School, said:"We are proud to see our graduates excelling amid global competition and we are greatly encouraged by the recognition from Forbes.
"The ranking attests to the quality and value of the NUS MBA. This is added motivation for us to continue focusing on providing top-quality teaching, and enhancing the educational experience and employability of our students."