There was a time when studying business meant learning your family trade. All you had to do to run an economic enterprise was carve out a local niche and master the skills of your mentor. But now, business has become a multinational venture that brings different languages, cultures, currencies, and legal jurisdictions into contact. And to make matters even more complex, the increasing use of technology will only continue these trends into the foreseeable future.
Likewise, the economic disciplines which study the product of these business transactions only grow in complexity with each passing year. What was once a branch of philosophy has evolved into possibly the most controversial of the sciences, as mainstream economists routinely disagree over when is the time to buy or sell, or which school of economic model has the most predictive value.
Not surprisingly, the need for a first-class business/economics education in a world where the stakes keep growing, even as the future increasingly looks opaque, drives many to formal education. Any number of subjective and objective factors will determine which school is most appropriate for a particular student. Some students are geographically restricted, or prefer a given school based on tuition.
But for the purposes of this ranking, we are only concerned with results. We lay out which schools have the most deeply respected faculty and the most well-established alumni. We want to know which school is most likely to land you a job working for the Federal Reserve, or managing a Fortune 500 company.
This ranking is dominated by English-speaking countries. Although the emerging markets have gained considerable ground in the hard sciences in recent years, English remains the international language of business, and as a result all but four of the top 50 schools come from the United States, Britain, or Canada. Nevertheless, everyone knows that the future of business is global, which is why our top 100 ranking still includes schools from China, the Netherlands, Singapore, Israel, Germany, and many more nations.
For this ranking, we looked to the Center for World-Class Universities operated by Shanghai Jiao Tong University (right). This center specializes in ranking universities as well as their individual programs of study. International in scope and focused on academic performance, these are known as the “Shanghai Rankings.”
From the Shanghai Rankings, we therefore identified the 100 best programs in the latest 2015 Academic Ranking of World Universities in Economics. Taking this Shanghai Ranking as our point of departure, we researched the most important characteristics of each of the top 100 economics programs on the list in order to reveal why each university business & economics program appears where it does.
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The 100 Best Business Schools in the World
As an institution that has been around since 1636, Harvard has had ample time and resources to put not only towards education and research but also business and economics. Beyond the prestige of the name, Harvard has established a vast network of faculty members and alumni around the world. It has over 300,000 alumni in over 200 countries. The HarvardX initiative was produced to enhance online and distance learning education reaching over 1,000,000 students from 195 countries worldwide.
The Harvard School of Business has its own unique history and outreach. The first MBA program in the world was started at Harvard in 1908. Global research centers have been established in Japan, Europe, India, and more. Of the 268 total faculty members, there have been 18 books written, 193 research articles published, and 617 educational materials produced.
The University of Chicago prides itself on encouraging its over 14,000 students to pursue original ideas through academic rigor. Founded in 1890, there are now over 150 institutes and centers with over 2,000 full-time faculty, including seven Nobel Prize winners currently on staff. There is a 157,000-alumni network worldwide. The school has many global connections, but does not neglect those closest to home. The University of Chicago also partners with local institutions, accomplishing research and application with real-world benefits and replicable outcomes for urban universities.
University of Chicago Booth School of Business focuses on rigorous inquiry in addition to a multiplicity of analytical and behavioral tools to help transformational ideas succeed. The network of 49,000 accomplished alumni can attest to the value of the education received. The Booth Business School recently announced in 2014 the opening of the executive MBA program in Hong Kong.
From research on alternative energy sources to cancer therapies, MIT enjoys intellectual challenges with global impacts. Some research achievements include the first wind tunnel, designing of the TX-0 computer, and playing a key role in the Human Genome Initiative. Founded in 1861, there are now over 1,000 professors and more than 11,000 total current students. The vast alumni network spans over 90 countries and includes over 120,000 former students.
With one of the leading business schools in the world, the MIT Sloan School of Management continues in the tradition of academic excellence of the school at large. It boasts 14 Action Learning Laboratories with projects focused on entrepreneurship, sustainability, and global health. Over 1,300 students participate in 10 academic programs for undergraduates through business executives. Classes are taught by approximately 200 experienced professors and lecturers. Sloan alumni have founded over 650 companies including E*Trade, Gartner, Genentech, HubSpot, InVivo Therapeutics, Teradyne, and Zipcar.
Founded by academic pioneers in 1868, the University of California Berkeley has always been progressive and aggressive in its academic training and research initiatives. Most research done is cross-disciplinary and focuses on the global issues of the day. The success of Berkeley can be seen in the 1,600 full-time faculty members, seven of whom have won Nobel Prizes and four of whom have won Pulitzer Prizes. The students and alumni are equally successful and known for later completing more PhD’s than any other school in America.
Of the 14 Colleges and Schools, the Haas School of Business at Berkeley is the second oldest in the country, being founded in 1898. Six degree programs are offered to over 2,200 students who come from around the globe. The programs and research are organized into three institutes: Business Innovation; Business and Social Impact; and the Energy Institute. The Business school has an approximately 40,000-alumni network worldwide.
(New York, NY)
Founded by royal charter of King George II of England in 1754, Columbia University is one of the few schools established before the American Revolution. As a premier research institute, the university has many notable achievements, including the establishment of the first American medical school in 1767, and its annual distribution of the Pulitzer Prize. With such an extensive history, the school has a powerful alumni network both past and present, including nine Supreme Court Justices and three United States Presidents.
Immersed in the business capital of the world, New York City, research done at Columbia University’s School of Business truly has global impact. Founded in 1916, the ever-evolving curriculum trends with cutting edge material that has led to 13 winners of the Nobel Prize in Economics. The global network of over 40,000 alumni continues in the successful and innovative tradition of the school.
As a world-class research institution and Ivy League School, the historic culture and traditions of Princeton span generations. Founded in 1746, the school has developed into one of the richest schools in the world despite its moderate class size, giving students greater access to its more than $21 billion endowment. Academic programs are organized into 36 departments with 5,200 undergraduate students and 2,600 graduate students enrolled. Over 1,100 experienced faculty members work for Princeton. The University is well known for four main areas: engineering and applied science, humanities, natural sciences, and social sciences.
The Department of Economics at Princeton has global connections with over 30 countries worldwide through its diverse and talented student body. It is also known for its strong connections to the Federal Reserve through former professor and Fed Chairmen Ben Bernanke. With 13 Centers and Programs for research and further education, multidisciplinary networking is encouraged. The department offers a full range of academic programs from undergraduate to graduate. Educational resources include the Economics Library, the Industrial Relations Library, and the American Economics Association Directory.
Stanford has taken a leadership role in education and research since its opening in 1891. Located in the heart of California’s Silicon Valley, the University is diverse and intellectually dynamic with 7,000 undergraduate students and 9,000 graduate students. There are over 2,000 qualified faculty members dedicated to the proliferation of knowledge and preparing students for leadership roles. Twenty-one current members of staff have been awarded the Nobel Prize.
The Stanford School of Business was founded in 1925 and currently employs 126 highly motivated faculty members. The programs offered include the MBA, MSx, and PhD, in addition to Executive Education and two global certificate programs: the Stanford Ignite and the online LEAD certificate. Students are exposed to diverse topics and cutting edge business strategies preparing them to face any challenges in the work field. The extensive alumni network includes students from over 50 countries.
Following in the global perspective, creativity, and entrepreneurial spirit of its founder, Benjamin Franklin, the University of Pennsylvania (known as “Penn”) prides itself on the diversity and intellectual rigor of its staff and students. The international outreach of the school places it first among the Ivy Leagues for the number of students studying abroad. Of the 290,000 living alumni, 23,000 live internationally, further establishing the global network and influence of the school.
As the world’s first collegiate business school, Penn’s Wharton School of Business keeps pace with current issues through the largest and most-published business school faculty. Founded in 1881, the school now includes 10 academic departments: Accounting; Business Economics and Public Policy; Finance; Healthcare Management; Legal Studies and Business Ethics; Management; Marketing; Operations/Information and Decisions; Real Estate; and Statistics. In addition, there are 20 research centers and initiatives and 94,000 alumni in 153 countries worldwide.
(New York, NY)
Taking advantage of its unique environment, New York University embraces diversity in all aspects from student body to culture and creative thinking. Founded by former Secretary of the Treasury Albert Gallatin in 1831, the university has always been globally minded; it established the first comprehensive liberal arts campus abroad to be operated by a major research institution. Today, the school has expanded into Africa, Asia, Europe, and South America as well with a total of 11 global academic centers and research programs in more than 25 countries. But it still retains its base of operations in Wall Street’s backyard.
Within the Stern School of Business at NYU, standards of excellence are expected. The Stern School offers the following programs: BS; MBA; Langone MBA for working professionals; executive MBA; TRIUM Global executive MBA; MS in Global Finance; MS in Risk Management; MS in Business Analytics; and PhD. Of the 339 faculty members, there are three Nobel Prize winners currently on staff.
Northwestern University enjoys the academic success and achievements consistent with a $10.5 billion endowment, with $550 million spent on research each year. Since 1851 the school has grown from the 25-acre campus in a Chicago suburb to a globally-minded institution with more than 100 international opportunities and study-abroad programs.
The university is organized into 12 Schools and Colleges, including the Kellogg School of Management which has been ranked #6 in the world for business by U.S. News & World Report. The Kellogg School offers seven different program tracks for students: full time MBA; part-time MBA; Executive MBA; Executive Education; MS in Management studies; and the Doctoral Program; as well as certificate programs for undergraduates. The Kellogg School runs one of the largest business program networks with 37 exchange programs across 20 countries.
(Minneapolis/St. Paul, MN)
Minnesota’s flagship university was established in 1851 in the twin cities of Minneapolis/St. Paul. With the goals of education, research, and outreach, the University has grown into a world-renowned institution with a vast, international network. The student body alone consists of over 6,000 international students from over 140 countries. The 400,000 alumni have continued the global impact with the founding of 10,000 companies employing over 500,000 personnel.
The Carlson School of Management emphasizes experiential learning and encourages leadership and creative thinking. The School offers a number of departments and concentrations, including: e-commerce; entrepreneurship; human resource management; international business; and portfolio management. Degree programs offered are the full- and part-time MBA, Executive MBA, and PhD. The Global Discovery Program at Carlson is a requirement for students. Its purpose is for students to study global issues impacting business worldwide.
(Ann Arbor, MI)
As one of the first public universities in the nation, the University of Michigan has always been progressive in its goals and missions. The academic outreach of the school includes 17 centers and programs with global themes and over 65 languages taught at UM. The Institute of International Education ranked UM sixth in the nation for international studies. The 18,000 international alumni are a testament to the school’s global-mindedness.
Michigan’s Ross School of Business was established in 1924. The school offers the following degree programs: MBA; BBA; Minor in Business; Master’s (Accounting, Management, and Supply Chain Management); and PhD. Classes are taught by 151 experienced faculty members who are ranked as the #4 research faculty in the world. Over 3,000 students enroll annually and can network with 45,000 alumni in over 88 countries.
Though a relatively small specialty school, the London School of Economics (LSE) is extremely diverse and inclusive. With a total of only 9,500 full-time students, there are 140 countries represented and over 100 different languages spoken on campus. The global networking carries over into the alumni, as well, who span over 190 countries. The 3,000 faculty members are equally diverse, with 46 percent from outside the UK. This variety of backgrounds does not detract from the quality of education or research. Sixteen Nobel Prize winners have been associated with the school.
The LSE’s academic departments are organized into 24 areas of education and 20 centers for research, with much of the focus given to the areas of Economics, Management, Finance, and the Social Sciences. The undergraduate programs include the BSc, BA, and LLB. The graduate degree programs include the MSc, MA, MPA, and LLM.
14. Yale University
(New Haven, CT)
As one of the premier Ivy League institutions with a history that dates back to the 1640’s, Yale University has had significant historical and global impacts. The global influences of Yale students and faculty can be seen in Africa, East Asia, Europe, Latin America, North America, and the Caribbean. The majority of international study and networking is organized through the Whitney and Betty MacMillan Center for International and Area Studies.
The Yale School of Management was established with the intent of educating leaders in business and society. Programs offered include the full-time MBA, the MBA for Executives, the Master’s of Advanced Management, Doctoral programs, Executive Education, and the Global Pre-MBA Leadership Program. There are seven centers for research and critical questioning, including the International Center for Finance, the Center for Business and the Environment, and the Yale Center Beijing.
Established in 1900 as a private research university by Andrew Carnegie, one of the most successful entrepreneurs of all time, Carnegie Mellon places heavy emphasis on pragmatic success and leadership. These qualities have led to the creation of many ground-breaking ideas and successful start-up businesses. The success of the students may be attributed, in part, to the excellence of the faculty members. Ninety-nine percent of undergraduate classes are taught by Carnegie Mellon faculty. Of the 1,000 faculty members, approximately 96 percent have PhD’s or the equivalent within their field of study.
The Tepper School of Business at Carnegie Mellon, established in 1949, offers the full range of degrees from bachelor’s to doctorate, in addition to Executive Education. There are over 150 experienced faculty members with specializations in Finance, Business Technology, Supply Chain Management/Logistics, Production/Operations, and Quantitative Analysis. Class material is always cutting-edge, in keeping with the technology and global issues of the day.
(Los Angeles, CA)
Optimism is the key at UCLA for students and professors alike, who often work side by side in the class room and research laboratory. UCLA’s global impact portfolio includes nearly 3,000 inventions and over 140 companies. Among the faculty and alumni are 13 Nobel Prize winners, 12 MacArthur Fellows, and 36 Academy Award winners. Famous alumni include Mayim Bialik, actress on The Big Bang Theory, and Guy Kawasaki, promoter of Macintosh.
The Anderson School of Management prides itself on collaborative interdisciplinary research. The program offers the following degrees: Master’s of Financial Engineering; Global EMBA for the Americas; Global EMBA for Asia Pacific; Executive MBA; Fully Employed MBA; MBA; and PhD. The academic areas and research groups cover Accounting, Decisions/Operations and Technology Management, Finance, Global Economics and Management, Management and Organizations, Marketing, and Strategy.
17. Duke University
In picturesque Durham, North Carolina, students will find the nostalgic atmosphere of Duke University. With its small 8:1 student/teacher ratio, the academic environment is relaxed and encouraging. This, however, does not detract from the global outreach and cutting-edge research done by a university with a $7 billion endowment. In fact, Duke University invests $992.8 million in research annually, the eighth-largest amount in America. The network of over 157,000 active alumni worldwide also contributes to the school’s high quality reputation.
In 2014, Economics was the number one undergraduate major at Duke University. Established in 1969, the Fuqua School of Business employs 91 tenured faculty members. With a full range of degree programs, the MBA track is flexible, with daytime, cross continent, global executive, and weekend executive options. Joint degree and PhD programs are also offered. Areas of research include Decision Sciences, Finance, Health Sector Management, Operations Management, and Strategy.
Founded in 1318, the University of Cambridge has had more historical impact than just about any other school on the planet. Though its walls have seen nearly 700 years of history, the modern teaching facilities, cutting-edge research, and public engagement keep Cambridge at the forefront of today’s leading institutions. With over 18,000 students, 9,000 staff members, 31 Colleges, and 150 departments, the educational opportunities are endless.
The Judge Business School recently celebrated its 25th anniversary with much to proudly remember. A reputation of academic rigor, the development of over 1,600 firms, the support of gender diversity, and the role of women in business are just a few key highlights of the school. Academic programs offered include: MBA; Master of Finance; Executive MBA; Executive Education; Professional Practice (Master’s and Diploma); Research Master’s; PhD; and the Digital Business Academy.
(San Diego, CA)
Student-centered and service-oriented, the University of California San Diego has had rapid growth and academic impact since its founding in 1903. Its research is creative and collaborative and was recently ranked fifth for development spending. This academic powerhouse consists of six undergraduate colleges, five academic divisions, and five graduate/professional schools. With over 30,000 students, diversity is encouraged through respect and open dialogue.
In the Rady School of Management at UC San Diego, business is competitive and top rate. As a young school established in 2003, the Rady School has already achieved AACSB recognition. Programs include MBA, Master’s of Finance, MS Business Analytics, and Executive Education, in addition to the graduate and undergraduate degrees. Centers of research and education include Beyster Institute, Rady Behavioral Lab, Center for Social Innovation and Impact, and the US-Israel Center.
Established in the twelfth century, before the Magna Carta and the Aztec empire, Oxford’s global and historical impact is unquestionable. Innumerable world leaders, brilliant thinkers, and reformers have attended Oxford. Students today can visit the same locations where great minds like Sir William Jones, Percy Bysshe Shelley, G.H. Hardy, and Stephen Hawking once roamed. The reputation of excellence endures today: Oxford has been ranked #1 in the UK for quality of research and continues to produce more world-leading academics than any other UK university.
The Saïd Business School is a modern program set within an 800-year-old University that has been providing intellectual leadership through high-quality education since 1996. The department offers many challenging degree tracks, including MSc in Major Program Management or Law and Finance; the MBA and Executive MBA programs; and Diplomas in Financial Strategy, Global Business, Organizational Leadership, and Strategy and Innovation.
From discovery to meaningful societal impact, Cornell University’s focus has always included the dissemination of knowledge to the world. As one of the largest Ivy League schools with 21,000 students, 63 percent participate in research and 35 percent gain international experience. Students are taught by 1,600 professors who are academic leaders in their fields. Between professors and alumni, 43 Nobel Laureates have been associated with Cornell.
At the Johnson School of Management at Cornell, theory turns into real-world practical application. Academic programs are organized into six areas: full-time MBA; Johnson Cornell Tech MBA; Executive MBA; Cornell-Tsinghua MBA/FMBA; Executive Education; and PhD programs. With 55 full-time faculty members, classes are deliberately kept small to foster a collaborative environment. Research centers include the Parker Center for Investment Research, Emerging Market Institute, and the Entrepreneurship and Innovation Institute. Over 13,600 alumni can be found networking globally.
As one of the top producers of Fulbright student scholars in the US, ASU holds high expectations for its student body. According to the U.S. News & World Report, ASU has also been ranked as the most innovative institution and the number one choice for International Students in Arizona. Over 130 countries are currently represented on campus. The professors are also held to high standards and expected to be top leaders and researchers. Currently, there are two Nobel Laureates on staff.
The W.P. Carey School of Business is one of the largest business schools in the nation, with over 1,500 graduates and 8,300 undergraduates. With a vision to engage the world, the Carey School values integrity and community outreach and strives to offer the best educational experience possible. To this end, seven different programs and nine departments within the Business school have been ranked within the top 30 by U.S. News & World Report. The academic departments include Accountancy, Agribusiness, Economics, Finance, Information Systems, Management, Marketing, and Supply Chain Management.
(College Park, MD)
An emphasis on innovation has placed the University of Maryland ahead of its time. With 250 academic programs and $500 million in research expenditures, the 37,000 students and 9,000 faculty members alike share endless educational opportunities. The faculty includes three Nobel laureates and two Pulitzer Prize winners; the alumni include Sergey Brin (co-founder of Google), Larry David (Seinfeld), and Jim Henson (Muppets).
The Robert H. Smith School of Business is one of 12 Schools and Colleges at UM. A full range of academic programs are offered, including undergraduate studies, executive MBA and educational programs, specialty master’s degrees, and the PhD. Flexible online classes are available, in addition to international studies. The academic departments cover Accounting and Information Assurance, Decisions/Operations and Information Technologies, Finance, Logistics/Business and Public Policy, Management and Organization, and Marketing. Twelve Centers of Excellence for research and study provide distinctive educational opportunities for students.
Educating over 54,000 students annually, the University of Washington emphasizes cooperation among diversity and quality within competition. This has helped students and faculty turn research ideas into world-impacting realities since 1861. With 16 Schools and Colleges and over 1,800 undergraduate courses, UW offers a wealth of information and opportunity. The network of connections extends beyond the departments to relationships with state and government institutions and global partners.
The Michael G. Foster School of Business serves over 2,500 students annually who participate in undergraduate studies, various MBA programs, other master’s programs (Professional Accounting, Information Systems, and Supply Chain Management), and PhD programs. There are five academic departments: Accounting; Finance and Business Economics; Information Systems and Operations Management; Management and Organization; and Marketing and International Business. The numerous centers on campus drive the research and advancement of the programs. Nearly 3,000 alumni of the School have founded companies.
(Toronto, ON, Canada)
Networking opportunities abound in the University of Toronto, which has had one of the strongest research and academic faculties in Canada since its establishment in 1827. The 13,000 faculty members are highly educated leaders in their fields with a passion for proliferating knowledge. The diverse student body includes 68,000 undergraduates with 11,000 international students, and 16,000 graduates with 2,500 international students. The alumni network includes 537,000 students worldwide.
Within Canada’s commercial capital, students will find the largest and most influential business school in the nation, the Rotman School of Management. The school takes full advantage of its city location, developing and maintaining close industry relationships, which makes student networking easy. The MBA programs offered are flexible, including full-time, joint program, morning/evening, one-year Executive, and Omnium Global Executive. Undergraduate, graduate and doctoral degrees are also available. There are 17 institutes and education centers for research and further education.
(State College, PA)
Originally founded in 1855 with the intent of applying scientific principles to farming, Penn State has grown exponentially and broadened its perspectives to global outreach and international partnerships. On the 24 campuses there are 17,000 faculty and staff and 100,000 students working to embrace diversity and a worldwide perspective. Around the globe there are more than 500,000 active Penn alumni who are keeping the mission and values of the school alive.
With over 6,000 students, the Smeal College of Business at Penn State offers a vibrant intellectual community. Founded in 1953, the academic departments are broken down into six areas of study: Accounting; Finance; Management and Organization; Marketing; Risk Management; and Supply Chain and Information Systems. Gartner Inc. has ranked Smeal #1 in supply chain education. Twelve research centers are available for further research and study.
Ranked first among Ohio State’s public schools, the University is one of the largest and most comprehensive in America. Research expenditures reached an all-time high in the 2013–2014 school year at $982.5 million. Encouraging students to be globally-minded has led to many great achievements, including an iPhone app to help recovering heroin addicts. Students on campus have 15 colleges, 200 undergraduate majors, 250 master’s degrees, doctoral studies, and professional degree programs to choose from, all of which are taught by expert faculty.
The Fisher College of Business at Ohio State was established in 1916. The department emphasizes experiential learning and offers a range of global opportunities for students to take advantage of. The department is organized into undergraduate, master’s, doctoral, and executive education programs. Subjects covered include Accounting and MIS, Finance, Management Sciences, Management and Human Resources, and Marketing and Logistics.
(College Station, TX)
From humble beginnings to one of the nation’s largest universities, Texas A&M became the first public institution for higher learning in the state when it was founded in 1876. A&M is proud of its global perspective through the support of the nation’s military. Though membership in the Corps of Cadets is voluntary now, Texas A&M is still honored to be one of only six senior military colleges. The alumni network stretches globally with over 436,000 former students working worldwide.
The Department of Economics in Mays Business School was formally established around 1920, though business education has been intertwined with other programs since the founding of the school. Undergraduate programs offered include: BBA in Accounting; Business Honors; Finance; Management; Management of Information Systems; Marketing; and Supply Chain Management. Masters, MBA, and PhD programs are also available. In 2008 the Wall Street Journal ranked Texas A&M’s Executive MBA Program #1.
(Los Angeles, CA)
After a decade of trials, the small school of 53 students and 10 teachers that would grow to become the University of Southern California was established. Founded in 1880, the meager institution grew with the times, making innovative and progressive strides. It is now one of the leading private research institutions in the nation, with over 43,000 students, including 9,000 international students, nearly 4,000 faculty members, and an endowment of $4.6 billion.
The Marshall School of Business is the oldest accredited program of its kind in the state. Founded in 1920, the School’s emphasis on entrepreneurship and collaborative research has led over 80 percent of the undergraduate students and all of the full-time MBA students to study abroad. Areas of study include Accounting, Finance/Business and Economics, Data Sciences and Operations, Marketing, Management and Organization, Management Communication, and Entrepreneurship. There are 12 Centers of Excellence for study and research connected with the school.
Soon to be celebrating its bicentennial in 2020, Indiana University has a privileged history of outstanding academic achievement through talented faculty and dedicated students. Starting with an enrollment of ten students in 1820, IU’s flagship Bloomington campus now has over 40,000 eager minds learning from over 2,000 dynamic faculty and staff members, many of whom are recognized nationally. Over 200 of the faculty members show global perspective by serving on national and international academies.
According to U.S. News & World Report, the Kelley School of Business at Indiana University has the #1 graduate program for nonprofit management and #1 online MBA program. Over 7,000 students are currently enrolled in undergraduate, full-time MBA, online MBA and MS, Executive degree, dual degree, Systems Accounting graduate studies, and Doctoral degree programs and tracks. Over 300 quality IU faculty members teach and have published over 90 books between 2013 and 2015.
(Rotterdam, The Netherlands)
In the Netherlands, students can find the cultural city of Rotterdam, home to the largest port in Europe and a world-class research institute well known for its medical and trauma centers. Erasmus University is organized into seven faculties and focuses on four broad areas of expertise: Health; Wealth; Governance; and Culture. Over 23,000 students receive an intellectually diverse and challenging education from world-class scholars and professors.
Rotterdam School of Management opened in 1970 and today is recognized as one of the largest international business schools in Europe. With 40 years of experience in business and intellectual culture, the 250 senior researchers and 100 PhD students are members of the most-cited business school faculty. Students have invaluable resources at their disposal, from a full range of degree programs to 30 research centers and initiatives.
Ranked among the world’s greatest academic institutions, Dartmouth has an esteemed history for education and research. Founded in 1769, this “college” with the academic scope of a university is a member of the Ivy League. There are over 40 departments and programs for students to choose from. The relatively small student body of only 4,000 undergraduates and 2,000 graduates makes networking and collaborative work more enticing and easily managed.
Also relatively small in size with 280 students and 55 full time faculty members, the Tuck School of Business is intensely dedicated to superior education and research through a personalized classroom experience. The faculty may be few in number, but they are highly respected within the field, with over 200 awards combined. With a focus on learning through action and application, all students are encouraged to study abroad and over 67 percent of first-year students in 2014 took up the challenge.
(Chapel Hill, NC)
With the distinction of being the nation’s first public university, founded in 1789, UNC’s history is replete with accolades both local and national. The school’s emphasis on global thinking is affirmed through over 250 Fulbright Student Program Awards for global research and study since 1973. More immediately, students have provided over 1.7 million hours of community service and have donated 23,000 pints of blood in the annual Blood Drive. The student body includes 29,000 undergraduates, graduates, and professionals who are taught by over 3,600 esteemed faculty members.
Since its establishment in 1919, the Kenan-Flagler Business School shows its success through practical means, including the 150 active businesses founded by students and faculty members. Education and research focuses on a number of topics, including: Air Commerce; Entrepreneurial Studies; Logistics and Digital Strategy Real Estate Development; and Urban Investment Strategies. Global education and partnerships are encouraged through programs such as OneMBA, exchange programs, and the GLOBE partner schools.
The University of Warwick is a world-leading academic and research institution in Northern Europe. Founded in 1965, the school has expanded to include 29 departments and 50 research centers/institutes within four major faculties: Arts; Medicine; Science; and Social Science. Some 23,000 total students are educated with the highest standards of excellence by 5,000 dedicated faculty and staff members.
Warwick Business School is one of the elite business schools in the world. The Financial Times ranks its online MBA program as first in the UK and second internationally, while the School’s doctoral program is ranked among Europe’s top three, and its Executive MBA among the world’s top 20. Popular areas of research and study include: Accounting; Behavioral Science; Enterprise; Entrepreneurship; Finance; Innovation; and Marketing.
The Toulouse School of Economics is a school within the University of Toulouse, France. It specializes in education and research in all areas related to economics. Founded in the 1980s, the goal of the classes and school at large is to strive for scientific excellence and to contribute to improving the economy through quality education. With over 150 researchers, numerous publications, and 11 research teams, the school is progressing toward a history of positive global impact. The student body is diverse with 2,400 students representing 90 nationalities.
The research teams cover a variety of engaging topics: Behavioral and Experimental Economics; Environmental Economics and Natural Resources; Finance; Food Economics; Industrial Organization; Macroeconomics; Public Economics; and Theoretical Economics. Research is done both in departments and in interdepartmental teams, as well as internationally. Partnerships have developed with the European Union and the French National Agency for Research.
In the Texas state capital of Austin, a city that is recognized for its proud entrepreneurial spirit, students can find the 18 Schools and Colleges of the large and ambitious flagship campus of the University of Texas. Over 51,000 students take part in 119 undergraduate programs and 223 graduate programs. The 3,000 teaching faculty members include cutting-edge material in their curricula and encourage global perspective through 450 study-abroad programs. The nationwide alumni base has included many well-known names such as Matthew McConaughey and Walter Cronkite.
According to U.S. News & World Report, McCombs School of Business has the number-one graduate program in the country for accounting. The school offers 10 undergraduate majors, five master’s tracks, doctoral studies, and Executive Education to approximately 12,000 students annually. There are six overall departments covering Accounting, Business/Government and Society, Finance, Information/Risks and Operations Management, and Marketing. Fourteen collaborative research centers are associated with the school.
(Edmonton, AB, Canada)
Though the physical campus may be found in Canada, the impact of the University of Alberta can be seen worldwide. Over 260,000 alumni have founded 70,000 organizations all over the globe, 400 research agreements have been made in 50 countries, and the student body itself is representative of over 140 countries. Such an impact from 200 undergraduate programs and 170 graduate programs from 18 faculties stands as evidence to the school’s dedication to superior education, research, and values.
Built on the same traditions of hard work and innovation, the School of Business dedicates its resources to 2,300 students annually. The four main departments of Accounting/Operations and Information Systems, Finance and Statistical Analysis, Marketing/Business Economics and Law, and Strategic Management and Organization offer a full range of degree programs from bachelor to PhD and Executive Education. Ten centers for research and further education are available to students.
Applauded for its diversity and foresight, the University of Illinois has been ranked as one of the most “disability-friendly” campuses in the nation. Founded in 1867, the flagship campus at Urbana-Champaign welcomes students who come from all 50 states and over 100 countries to the school’s outstanding educational opportunities. Nearly 3,000 highly respected and qualified faculty members, including 18 Pulitzer Prize winners, teach across 16 Schools and Colleges. The network of 425,000 alumni can be found worldwide.
The College of Business at the University of Illinois emphasizes experiential learning and global connections. Sixty percent of undergraduate students and all of the full-time MBA students will study abroad, in countries such as Brazil, China, India, or South Africa. The three main departments provide training in Accountancy, Business Administration, and Finance, and offer a full range of degree programs from certificate to doctoral studies. Other programs and research centers include the Illinois Business Consulting, the Academy for Entrepreneurial Leadership, and the Zimmerman Center for International Accounting Education and Research.
(Vancouver, BC, Canada)
With a vision to create an extraordinary learning environment, the University of British Columbia is home to nearly 60,000 students including 12,000 international students, and 15,000 faculty and staff members including seven Nobel Prize winners. The global impact of this academic giant is undeniable, with 8,000 school-funded research projects and over 300,000 alumni in 120 countries. The school is also proud to claim the title of Canada’s first Fair Trade Campus.
Taking advantage of its location in Vancouver, the Sauder School of Business provides a prestigious academic and global perspective to the dynamic city environment. Research programs are structured into eight groups: Accounting; Finance; Law and Business Communications; Management Information Systems; Marketing and Behavioral Science; Operations and Logistics; Organizational Behavior and Human Resources; and Strategy and Business Economics. There are 11 specialized research centers associated with the groups.
INSEAD, being an acronym for the French “INStitut Européen d’ADministration des Affaires” or European Institute of Business Administration, was founded in 1957 specifically as a graduate-level business school. Degree programs include the MBA (ranked fourth globally), Executive MBA, Executive Master in Coaching and Consulting for Change, Master’s in Finance, and PhD.
Being globally-minded in research and academics, the school has established campuses in Europe, Asia, and the Middle East. Student exchange programs have been formed with the Wharton School at the University of Pennsylvania, the Kellogg School of Management, and Tsinghua University.
The 15 research centers associated with the college include many diverse and engaging topics including: the Center for Decision Making and Risk Analysis; Healthcare Management Initiative; Africa Initiative; eLab; Global Leadership Center; Social Innovation Center; Wendel International Centre for Family Enterprise; and [email protected]
(St. Louis, MO)
For an averaged sized school, Washington University in St. Louis is making a large impact. Quality research is a serious endeavor; with over 3,000 research projects in progress each year and partnerships with 28 universities around the globe. All students are encouraged to think communally and globally. To that end, 40% of students study abroad and 67% participate in community service. The 3,300 inspiring faculty members, including 3 Pulitzer Prize recipients, teach within seven major academic divisions: Business, Engineering, Law, Medicine, Social Work and Public Health, Art and Architecture, and Arts and Sciences.
Ranked eighth in the top 50 schools for entrepreneurs, the Olin Business School’s goal is to produce distinguished leaders through experiential learning and demanding scholastic standards. The 112 faculty members and 1,300 students create a personal, creative environment for quality research and academic study. Twelve degree programs and four research centers are available.
Founded in 1969, the University of Texas at Dallas offers 134 engaging degree programs, all with the most recent and cutting-edge curricula. The progressive ideas that keep the school a world-class research institution come from over 500 tenured and tenure-track professors, including one Nobel Laureate and six members of the National Academies. These well-educated and diverse faculty members have a passion for spreading their knowledge and expertise to the 23,000 students enrolled at UT-Dallas.
Of the seven schools at UT-Dallas, the Naveen Jindal School of Management is the largest, with 7,500 enrolled students. The five primary focus areas of study are: Accounting, Finance, and Managerial Economics; Information Systems and Operation Management; Marketing; Organization/Strategy; and International Management. Degrees conferred include undergraduate, MS, MBA, PhD, and Executive Education. The faculty members excel within their field and have published in 24 leading business journals. Twelve research centers and institutes are available as outstanding resources for study.
Located in a city that contains many of the world’s leading financial institutions, the London Business School has 50 years of successful specialized educational experience at the graduate level. Diversity is applauded and evident in the faculty and students who represent over 100 countries, as well as in the international research relationship with Hong Kong University. The alumni also continue to make a global impact, residing in over 130 nations.
Academic degrees include the master’s, MBA, Executive Education, and PhD programs of study. Subject areas cover Accounting, Economics, Finance, Management Science and Operations, Marketing, Organizational Behavior, and Strategy and Entrepreneurship. There are six major research centers and institutes: Aditya Birla India Center; AQR Asset Management Institute; Leadership Institute; Center for Corporate Governance; Coller Institute of Private Equity; and the Deloitte Institute of Innovation and Entrepreneurship.
As a world-class, leading research institution, the University of Wisconsin’s flagship campus at Madison is ranked fourth nationally for research expenditures. Quality time and effort has been provided by the experienced 21,000 faculty and staff members since 1848. The 43,000 undergraduate and graduate students eagerly work beside their professors in all 13 schools and colleges. The global network extends through the 421,000 living alumni found worldwide.
The Wisconsin School of Business was founded in 1900, making it one of the top five programs of its kind in the nation. The usual BBA, MS/MAcc, MBA, PhD, and certificate programs are offered, but the creative academic thinking does not stop there. Additional programs include the Arts and Business Initiative, Business Fundamentals, Entrepreneurship and Innovation, the Global Business Program, Professional Development, Family Business Center, and the Small Business Development Center. Approximately 2,700 students are enrolled across all programs, and with 510 corporate business partners hiring students, the networking options are limitless.
Founded in 1869 with connections to the United Methodist Church, Boston University has kept the dedicated work ethics of its founders and applied them to the modern and diverse issues of today. Now with 17 schools and colleges that provide 250 fields of study for all students, BU maintains a healthy and progressive outlook to the future. Over $350 million was spent in research funding during the past school year.
The Questrom School of Business recently celebrated its 100th anniversary in 2013 with much proud history to reflect on, including one of the first business schools to admit women and to establish an MBA program. The progress and values of the school have not altered since then. A full range of degree programs are offered within the departments of Accounting, Finance, Information Systems, Marketing, Markets/Public Policy and Law, Operations and Technology Management, Organizational Behavior, and Strategy and Innovation.
CalTech’s small 3:1 student/faculty ratio makes all of the classes personal and friendly. Originally founded in 1891 as Throop University, CalTech has kept its goal of investigating solutions to modern societal problems through the lens of science and technology. The academic divisions are as follows: Biology and Biological Engineering; Chemistry and Chemical Engineering; Engineering and Applied Science; Geological and Planetary Sciences; Humanities and Social Sciences; and Physics/Mathematics and Astronomy. Thirty-three Noble Laureates have been associated with the school.
In the Ronald and Maxine Linde Institute of Economic and Management Sciences, research focuses on three areas: finance; entrepreneurship; and the intersection of economics and computer science. All students are encouraged to gain experience through internships. With many opportunities for all levels of students, the Business, Economics, and Management (BEM) undergraduate program is the most popular. Classes encourage rigorous study and interdisciplinary research.
Established in 1972 and named after one of the greatest Founding Fathers of the nation, George Mason University is Virginia’s largest public research institution. The diverse student body of 34,000 eager minds represents over 130 countries and all 50 states. Over 1,400 full-time academic and research faculty members are available to students spread over three campus locations. Global connections in London and Korea have expanded the outreach and influence of the university.
The School of Business enrolls over 3,500 undergraduate and 450 graduate students. Graduate-level study includes the Mason MBA, Executive MBA, and MS degrees in Management, Accounting, Real Estate Development, Technology Management, or Management of Secure Information Systems. Institutions of Excellence for research and study include the Center of Infrastructure Protection and Homeland Security, the Center of Innovation and Entrepreneurship, and the Center of Real Estate Entrepreneurship. The university is also home to the Mercatus Center, one of the world’s premier seed beds of free market–oriented ideas.
(East Lansing, MI)
Michigan State University has been a pioneering school from its inception. Founded in 1855, the school became one of the nation’s first land-grant institutions to receive benefits from the Morrill Act of 1862. The ground-breaking theories and research continue today through the 5,100 loyal faculty and staff members. Cutting-edge material is presented in over 200 undergraduate, graduate, and professional programs. The 532,000 living alumni continue in the traditions of diligent excellence instilled in them through MSU.
The Eli Broad School of Business at MSU educated over 6,000 students in 2014. With courses and material offered as early as 1861, the school of business was not formally created until 1944. Departments are broken down into Accounting and Information Systems, Finance, Marketing, Management, and Supply Chain Management. U.S. News & World Report ranked the Supply Chain Management/Logistics program as #2 in the U.S.
Within the Broad School is an independent, industry-specific institution, the School of Hospitality Business.
Founded in 1826, University College London was England’s first university to admit women on equal terms with men. Continuing in its revolutionary vision, UCL promotes ambition in its students, which has led to the creation of 80 social enterprises and 25 student businesses in 2013 alone. The professors and staff who provide this motivated atmosphere include 29 Nobel Laureates. Famous alumni include Alexander Graham Bell in 1868 and Christopher Nolan in 1993.
UCL is home to the first Department of Economics in England. Founded in 1827, the department was an advanced establishment for its day and continues to be cutting edge in research and academics. With students and staff from over 40 countries around the world, diverse networking and educational teamwork are encouraged. There are six quality research Centers associated with the department: Microdata Methods and Practice; Research and Analysis of Migration; Evaluation of Development Policies; Microeconomic Analysis of Public Policy; Research Program on Migration; and Employment Migration and Social Justice.
(Hong Kong, China)
Since its recent founding in 1991, HKUST has already made some impressive strides in research and academics. The school now ministers to over 13,000 eager students and 660 passionate teachers, who are striving to positively impact the world. There are over 250 exchange programs available, including the Kellogg-HKUST EMBA program which has been ranked #1 in the world by Financial Times for four consecutive years. The academic programs are organized into four main Schools: Science; Engineering; Business and Management; and the Humanities and Social Sciences.
The School of Business and Management was accredited in 1999 and has quickly risen to a position of prominence. The school offers 12 undergraduate programs, four MBA modules, two EMBA programs, eight master’s degrees, and seven PhD programs. With 140 international faculty members, all classes are taught from a global perspective with personalized experience. Twelve research centers are open to faculty and students as excellent resources.
With 135 years of superb academic history, Johns Hopkins University has the honor of being America’s first research university. The nine Schools offer 240 diverse and engaging programs for a total of 21,000 graduate and undergraduate students. The faculty members are all experts in their fields, with 36 members being awarded the Nobel Prize. With research being conducted in over 150 countries, the global outreach and networking abilities of the school go unquestioned.
With its opening in 2007, the Carey Business School provides Johns Hopkins with another avenue for academic excellence and global outreach. The school offers certificates through doctoral studies. Areas of study/research cover the following: Applied Economics; Enterprise Risk Management; Business of Healthcare and Healthcare Management; Executive, Flexible, Global, and dual JD/MBA; Finance/Financial Management; Information Systems; Investments; Marketing; and Real Estate Infrastructures.
At the base of the Rocky Mountains rests the University of Colorado at Boulder. The 29,000 enrolled students will find that their success and advancement is the number one priority here. 2,100 academic faculty and 1,900 research faculty are present to help facilitate and direct the student achievements. The positive impact of the well-rounded education and research in over 150 fields can be seen worldwide. Research achievements include advancements in alternative energy, understanding the role of the glial cell, and the development of anti-bullying programs.
The University of Colorado is home to the eighth oldest business school in the US. The Leeds School of Business was formed in 1906 and has grown substantially with the times. Today there are more than 3,300 undergraduate and graduate students enrolled in a number of programs. The academic departments include: Accounting, Finance, Marketing, Management and Entrepreneurship, Business Analytics, Real Estate, and Supply Chain Management.
(Santa Barbara, CA)
UC’s Santa Barbara campus was originally an independent institution, which joined the UC system in 1944. The idyllic campus location along the California coastline has been a strong enticement for many students. Thankfully, the academic rigor and visionary outlook of the school have been as successful as the surroundings are tranquil. Over 23,000 students, including 3,000 graduates, have more than 200 programs to select from. The expert faculty members, including six Nobel Prize recipients, both educate and conduct research in 11 national centers and institutes.
The Department of Economics began in 1909 and can be found within the Division of Social Sciences of the College of Letters and Science. Offering a full range of degree tracks, the undergraduate program in Economics is one of the most popular majors on campus. Four research facilities work in conjunction with the department, the Laboratory for Aggregate Economics and Finance, the Leonard and Gretchan Broom Center for Demography, the UC Center for Energy and Environmental Economics, and the Experimental and Behavioral Economics Laboratory.
Though the University of Manchester is a relatively young British institution compared to Oxford and Cambridge, it holds its own when it comes to outstanding academic opportunities and research achievements. Founded in 1851, Manchester offers over 1,000 degree programs to 21,000 undergraduates and 6,000 graduates. In addition to the student body, the 11,000 faculty and staff members make the university the largest single-site institution in the UK. Manchester also claims the honor of more Noble Laureates on staff than any other UK university.
The Manchester Business School was founded in 1965, making it one of the first two programs of its kind in the UK. Following in the diverse and quality standards of the school at large, Manchester Business School offers a full range of degrees from undergraduate to Executive Education. The global-minded nature of the school is demonstrated by the academic and research centers in Dubai, Hong Kong, São Paulo, Shanghai, and Singapore. Research areas include: Accounting and Finance; Management Sciences and Marketing; People/Management and Organizations; and Innovation Management and Policies.
(Melbourne, Victoria, Australia)
In 1853, the Victoria Parliament set in motion the founding of Australia’s second-oldest academic institution, the University of Melbourne. The growth and development of the school led to the formation of 22 faculties and graduate schools that offer 11 undergraduate degrees and 270 graduate courses. Of the 47,000 students, there are 12,000 international students from 130 countries. Melbourne is the number-one research university in Australia, with AUS$850 million in annual research expenditures.
The Melbourne Business School was founded in 1963 for graduate-level students. Degree programs include the graduate (including doctoral), various MBA tracks, a Master’s of International Business, six Master’s of Management programs, and Specialist Masters/Diploma studies. There are part-time and full-time options to help make scheduling more flexible for the working student. All classes are taught by experienced leaders in the field who pass on firsthand knowledge and encourage global perspectives.
Ranked ninth among the nation’s best public universities by U.S. News & World Report, the Irvine campus is one of 10 locations within the University of California system. To meet the demands of an ever-increasing desire for education and a growing student body, the Irvine campus was opened in the 1960s. This one UC campus alone now has 30,000 students, 1,100 faculty members, and 9,400 staff members. Students may choose from 80 undergraduate degrees and 98 graduate and professional degrees.
At Irvine, the Paul Merage School of Business is relatively young, being established in 1967. The School made rapid progress and currently offers a full range of degree programs taught from the most cutting-edge theories. Students may choose from undergraduate business degrees, several specialized master’s programs, four dynamic MBA programs, and PhD studies. The School also runs seven Centers of Excellence and an Executive Education program.
Located a mile and half from downtown Nashville, Vanderbilt University is one of the leading, internationally recognized schools of higher education in the area. With 11 Schools and Colleges, students have a wide variety of opportunities to learn and grow. About 6,800 undergraduate students and 5,800 graduate students already take advantage of the positive work environment afforded by Vanderbilt. The 4,000 faculty members include six Nobel Laureates. Around the globe, Vanderbilt’s presence can be felt through the 135,000 living alumni.
In 1969 the Vanderbilt Owen Graduate School of Management had 10 students and 10 faculty members. Though the institution has grown considerably, the school prides itself on maintaining a strong student/faculty ratio and fostering a cooperative work environment. Established primarily for the education of graduate-level students, four MBA tracks and a number of specialized master’s programs are available. The school runs four excellent research and learning Centers: the Center for Financial Markets Research; the Owen Entrepreneurship Program; the Cal Turner Program for Moral Leadership; and the Center for Environmental Management Studies.
The University of Zurich was the first university in Europe to be established by a democratic political system. Founded in 1833, the institution grew steadily and now enrolls a total of 26,000 students from around the world. The academic departments are organized into seven faculties that address over 100 different subject areas. Faculty members are dedicated experts in their fields. Of the pioneering scholars some 12 Noble Prize recipients have been associated with the school.
In the Department of Economics at Zurich, students will find a welcoming atmosphere for creative problem-solving and interdisciplinary research. From bachelor to doctoral studies, students are encouraged to think globally while maintaining local networks. Research interests include all areas of economics, from econometrics and macroeconomics to microeconomics and neuroeconomics. The department hosts internationally recognized research Centers and Laboratories, for example: Engineering, Social, and Economic Institutions; Institutions, Policy, and Culture in the Development Process; and Experimental and Behavioral Economics.
(West Lafayette, IN)
In 1869, Purdue started with six instructors and 39 students. Since that day, Purdue’s focus has been on academic advancement through intellectual rigor. The numerous achievements by faculty and students attest to the success of this vision, including the establishment of the first university owned-and-operated airport in 1934. Today, there are 38,000 students enrolled with over 200 undergraduate majors and 70 graduate tracks to choose from. Four hundred study-abroad programs are also available for the internationally-minded student.
The Krannert School of Management has nine departments: Accounting; Economics; Finance; Management Information Systems; Marketing; Operations Management; Organizational Behavior and Human Resource Management; Quantitative Methods; and Strategic Management. A full range of programs are offered from certificate to PhD and Executive Education. Global experience is necessary for all students, who have nine international programs to choose from.
(Montreal, QC, Canada)
Ranked as the #1 medical-doctoral institution in Canada, McGill should also be recognized for its innovation and global outreach. Among the notable research achievements are Ernest Rutherford’s discovery of the atomic nucleus and Wilder Penfield’s mapping of the brain’s motor cortex. There have been 12 Nobel Prize recipients associated with the school. McGill offers its 39,500 students over 300 programs of study and research.
At McGill University, management education began in 1906 and grew into the School of Commerce by 1920. As it continued to meet the demands for more educational opportunities, McGill continued to expand and think more globally. Today, the Desautels Faculty of Management educates students from over 75 countries. The student body consists of 2,300 Bcom students, 175 MBA students, and 65 PhD candidates. Students have 12 academic programs and 11 research centers and institutes at their disposal.
(New Brunswick, NJ)
As New Jersey’s most comprehensive and diverse academic institution and the eighth-oldest college in America, Rutgers (officially known as the “State University of New Jersey”), with its flagship campus in New Brunswick, has an impressive academic history. Founded in 1766, and known as the birthplace of college football, Rutgers is now home to over 40,000 students and 10,000 faculty and staff members. The school offers over 100 undergraduate majors and 200 graduate tracks. Alumni can be found worldwide in all 50 states and on six continents.
The Rutgers Business School was founded in 1929 and has six major departments: Accounting and Information Systems; Finance and Economics; Management and Global Business; Management Science and Information Systems; Marketing; and Supply Chain Management. There are 14 centers of research established and seven programs designed specifically for community and global outreach. Approximately 400 full- and part-time faculty members educate and assist over 4,000 undergraduate and graduate students each year.
One of Israel’s premier research institutions, the Hebrew University was founded in 1918, with Albert Einstein as one of its founders. Already ranked among the top 100 universities in the world, Hebrew University consists of six campuses organized into seven faculties and 14 schools. Some 23,000 students are educated annually and prepared for leadership positions around the world. The 1,000 senior faculty members have included eight recipients of the Nobel Prize.
Founded in 1952, the Jerusalem School of Business Administration consists of two high quality departments, Business Administration and Accounting. Though seemingly small, these two departments cover a wide array of academic and research areas, including: Finance and Banking; Marketing; Accounting; Organizational Behavior and Human Resource Management; Information Systems; Operations Management; and Strategic and Managerial Entrepreneurship. Competition for entrance to the academic programs is challenging but rewarding, and approximately 2,000 students gain entrance each year.