QS Global 200 Business Schools Report 2012 - International ...
QS Global 200 Business Schools Report 2012 - International ...
QS Global 200 Business Schools Report 2012 - International ...
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8. Latin America<br />
Source: <strong>QS</strong> <strong>Global</strong> <strong>200</strong> <strong>Business</strong> <strong>Schools</strong> <strong>Report</strong> <strong>2012</strong> (TopMBA.com)<br />
The majority of employers in Latin America are<br />
still looking to hire MBAs educated at the best<br />
international business schools in North America<br />
and Europe, while local demand that does exist<br />
in Latin America tends to be on a country basis<br />
with few employers recruiting across borders<br />
within the region. Few business schools in Latin<br />
America have been successful in developing<br />
an international reputation, and as a result are<br />
unable to attract as many international students<br />
as business schools in Asia, a region which only<br />
a decade ago could more easily be compared<br />
in terms of the quality and availability of MBA<br />
education.<br />
Within the Latin American region, 10 schools<br />
have qualified for the <strong>Global</strong> <strong>200</strong> <strong>Business</strong><br />
<strong>Schools</strong> <strong>Report</strong> this year.<br />
The Latin American ratings have shown big<br />
changes compared to last year, representing<br />
the fact that the business education market<br />
in the region is still developing in terms of<br />
international employer reputation. A Chilean<br />
business school, Pontificia Universidad Católica<br />
de Chile has climbed to the top spot, which<br />
further points towards the region’s developing<br />
economies.<br />
Chile’s strong commitment to free trade has<br />
stimulated large foreign investment. Its marketoriented<br />
policies have created significant<br />
opportunities for foreign investors to participate<br />
in the country’s steady economic growth.<br />
Employers are attracted to the future prospects<br />
The majority of employers in Latin America are still looking to hire MBAs educated at the<br />
best international business schools in North America and Europe<br />
this provides, and therefore need local business<br />
leaders to ensure those prospects become reality.<br />
This explains why both Chilean business schools<br />
featured last year have jumped significantly<br />
up the Latin American ratings. Pontificia<br />
Universidad Católica de Chile has made a<br />
seven-place climb from eighth place to first and<br />
Universidad de Chile making a six-place jump<br />
to fourth position.<br />
Over the last decade, Brazil’s economy overtook<br />
Mexico’s, which at the beginning of <strong>200</strong>0 was<br />
the largest economy in Latin America. It is<br />
possible that Brazil will lead in oil production,<br />
which Mexico has allowed to shrink. There<br />
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