QS Global 200 Business Schools Report 2012 - International ...

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30 Entrepreneurship While seemingly paradoxical, MBA employers are increasingly placing an emphasis on the entrepreneurial talents of their new hires. Though traditionally an area where a business school graduate might aim to start up their own enterprise, employers value the talents of graduates who can, in tough economic times, develop fresh sources of revenue, while the graduates themselves find greater security in testing their entrepreneurial ideas with the financial backing of their employers. “Interestingly, large employers were once reluctant to hire MBAs with significant entrepreneurship coursework for fear that the new hire was only passing time before starting his or her own business,” explains Dr Brian S Anderson, assistant professor of entrepreneurship at the Richard Ivey School of Business. “As large firms come to recognize that pursuing innovation and entrepreneurialcentric strategies pays off in terms of better performance - something that research has shown repeatedly - those firms are seeing more value in MBAs that have knowledge of, and experience with entrepreneurship topics.” However, with a gloomy economic outlook for much of the world, it’s not just businesses that are placing their faith in MBA entrepreneurs, as Séan Rickard, director of the full-time MBA program (2006-2011) at Cranfield School of Management explains: “Governments have come to the view – rightly or wrongly – that their influence on their economies is greatly weakened in a globalizing world and now put great emphasis on business start ups and entrepreneurship to generate jobs and growth. Not surprising therefore that entrepreneurship has a higher profile in business schools.” This is one of the reasons that the QS Global 200 Business School Report’s entrepreneurship rating displays such a diverse group of parent nations, with 14 different countries providing homes to the top 50 business schools. This year’s rating sees Indian business schools performing particularly well, with the two Indian Institutes of Management in Ahmedabad and Bangalore, as well as the Indian School of Business and S P Jain Institute of Management and Research improving their reputation among MBA employers considerably. This tallies with research by Ernst and Young, Entrepreneurs speak out: a call for action to G20 governments While seemingly paradoxical, MBA employers are increasingly placing an emphasis on the entrepreneurial talents of their new hires which found India to possess the greatest entrepreneurial culture among the G20 nations. However, as in many of the other specialization ratings, business schools based in Europe and North America dominate. It is in these regions that MBA programs constantly evolve in order to suit the growing needs of society for entrepreneurial talent. Business schools showing notable improvements in this year’s entrepreneurship rating include: Indian Institute of Management, Ahmedabad; Thunderbird School of Global Management; Indian Institute of Management, Bangalore; IMD; Michael G Foster School of Business; Indian School of Business; Joseph L Rotman School of Management; S P Jain Institute of Management and Research; s s s s s s s s
s Entrepreneurship Boston University School of Management. Dr Anderson continues: “I think the entrepreneurship field in scholarly circles is becoming far more accepted as a legitimate course of study, faculty hiring in the area is up, and more resources are being spent in developing very high-quality, experiential learning programs for students.” One business school that has consistently rated highly for entrepreneurship is The Wharton School at the University of Pennsylvania. “Wharton was the first business school to develop a fully integrated curriculum of entrepreneurial studies and continues to emphasize entrepreneurship across all disciplines,” says Emily Gohn Cieri, managing director of The Wharton School’s entrepreneurial programs. “We teach students how to acquire an The entrepreneurship field in scholarly circles is becoming far more accepted as a legitimate course of study, entrepreneurial mindset so they learn to adapt rapidly, throughout the venturing process, to new situations while avoiding fatal flaws and traps.” 31
Page 1: X. Xxxxxx QS Global 200 Business Sc
Page 4 and 5: 4 About the contributors Author: Nu
Page 6 and 7: 6 s Middle East and Africa While th
Page 8 and 9: 8 Introduction range of information
Page 10 and 11: 10 Methodology Table 1: Business sc
Page 12 and 13: 12 350 300 250 200 150 100 50 0 Met
Page 14 and 15: 14 North America Despite the ongoin
Page 16 and 17: 16 6. Europe Source: QS Global 200
Page 18 and 19: 18 Europe Italy and Switzerland als
Page 20 and 21: 20 Asia-Pacific Year-on-year, busin
Page 22 and 23: 22 Asia-Pacific The top 10 schools
Page 24 and 25: 24 Latin America are also opportuni
Page 26 and 27: 26 8. Corporate social responsibili
Page 28 and 29: 28 Corporate social responsibility
Page 32 and 33: 32 10. Finance Source: QS Global 20
Page 34 and 35: 34 s Finance the same way, the Euro
Page 36 and 37: 36 Information management The fast-
Page 38 and 39: 38 12. Innovation Source: QS Global
Page 40 and 41: 40 Innovation In North America, MIT
Page 42 and 43: 42 International management MBA edu
Page 44 and 45: 44 14. Leadership Source: QS Global
Page 46 and 47: 46 Leadership School of Business ha
Page 48 and 49: 48 Marketing The fast paced technol
Page 50 and 51: 50 16. Operations management Source
Page 52 and 53: 52 17. Strategy Source: QS Global 2
Page 54 and 55: 54 18. Conclusion Region Average GM
Page 56: 56 Conclusion business schools on l
Page 59 and 60: E & M GREENFIELD Elegant Internatio
Page 61 and 62: Asociación Chilena de Seguridad At
Page 63 and 64: GREECE AB VASILOPOULOS Aldemar Hote
Page 65 and 66: Gujarat Liqui Pharmacaps Pvt. Ltd.
Page 67 and 68: MANAGEMENT STUDIES Noida Power Comp
Page 69: TVS Interconnect Systems Limited Ty
Page 72 and 73: 72 Marcatel COM MAXCOM TELECOMUNICA
Page 74 and 75: 74 Forestar SA Freescale G4S GENESY
Page 77 and 78: Consultancy Services Salvutich, Car
Page 79 and 80: EMC Corporation Enterprise Holdings
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82 X. Xxxxxx QS Quacquarelli Symond
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