--The Straits Times, 30 Jan 2012--


Students of Nanyang Technological University (NTU) during the convocation ceremony at Nanyang Auditorium. -- ST PHOTO: RAJ NADARAJAN

Two local universities have made it to the top 35 in a global ranking of business schools' Master of Business Administration programmes.

The Financial Times' Global MBA Ranking, released on Monday, placed the National University of Singapore (NUS) at 23rd, while Nanyang Technological University (NTU) weighed in at 34th.

The rankings are based upon data from business schools and their alumni, and takes into account the career progression of the school's alumni, diversity of students and faculty and the generation of ideas. Salary and its increases three years after graduation also make up 20 per cent of a school's rank.

Although Nanyang Business School was ranked 34th compared to NUS' 23rd, their MBA graduates charted the highest salary level compared to other Singapore MBA graduates, claimed the university in a press release on Monday. The average pay of a Nanyang Business School graduate stands at US$102,350 (S$128,325) a year, three years after graduation.


Professor Gillian Yeo, Interim Dean of Nanyang Business School said, 'Our consistently strong showing in these well recognised, independent MBA rankings affirms NBS' membership in the league of elite international business schools.

'We are most gratified that those who pass through our doors are reaping the benefits, enjoying good salaries, and taking up more senior positions in bigger companies. This attests to the high quality of our MBA curriculum that is closely tied to professional practice and a high degree of industry relevance,' Professor Yeo added.