The Financial Times of London has ranked the University of Calgary’s Faculty of Management among the top 100 MBA programs in the world today.
The U of C joins the Financial Times list for the first time with an overall ranking of 83rd worldwide.
“This is a significant step in our goal to be recognized as one of the top 50 business schools in the world,” said David Saunders, dean of the Faculty of Management.
“There are more than 3,000 business schools and programs around the globe. To be internationally recognized in the top 100 is a testament to the quality of our programs, students, faculty, corporate partnerships, and the support of our alumni and benefactors,” Saunders said.
The Financial Times invites about 150 schools annually to participate in the rankings (essentially a short listing of the world’s business schools). This was the first time the U of C Faculty of Management submitted its data.
The faculty ranked particularly high in student satisfaction in “aims achieved” (fourth worldwide and first in Canada), with eighty-nine per cent of U of C management alumni reporting that the Calgary MBA program fulfilled their goals and objectives.
“One of the reasons for student satisfaction lies in the fact that more than 95 per cent of our MBA graduates are hired within three months of graduation,” said MBA director Vern Jones.
The Faculty of Management was also ranked highly for its diversity, both among the student population and faculty members. Calgary’s business school scored high marks for the percentage of female students (5th), faculty members (17th) and women serving on its advisory board (14th), as well as for the proportion of international faculty (11th).
The Financial Times recognized six other business schools across Canada, one in British Columbia, four in Ontario and one in Quebec. The University of Western Ontario (Ivey) was the top Canadian business school, ranked at No. 18 on the survey.
The Faculty of Management opened its doors in 1967, one year after the establishment of the U of C. In the MBA program, there are 130 full-time students, 300 part-time and 65 executive MBA students.