Our MBA ranking emphasizes value for money. An MBA is an investment in yourself, and you should get a decent return. Therefore, we screen for programs that provide a good classroom experience that doesn’t remove you from the workforce for an extended period, produce a decent salary bump compared with tuition and put a recognizable name on your resumé.
The Canadian Business Top 10 relies on a mix of self-reported quantitative data from MBA programs and independent qualitative data. Weighting is as follows:
- 25% reputation (see below)
- 25% salary boost (pre- and post-degree)
- 15% classroom experience (student-teacher ratio and cohort diversity)
- 10% average GMAT scores
- 10% tuition (lower is better)
- 10% required work experience (more is better)
- 5% program length (shorter is better).
Five schools — UBC, McGill, Toronto, Western and Windsor — refused to provide data, making this ranking incomplete. So while we believe that these are 10 excellent MBA schools, like any ranking, it’s not the whole picture.
The CB Reputation Index
We partnered with Compas Research, the Association of Executive Search Consultants and the Association of MBAs in Canada to poll MBA grads and corporate recruiters to ask which schools they thought most highly of. The reputation ranking is based on a survey of MBA grads and corporate recruiters carried out on our behalf by Compas Research. By convention, the study can be deemed accurate to within approximately 7.7%, 19 times out of 20.