- POSTED: 16 May 2014 11:09
Nanyang Technological University's Master of Business Administration (MBA) programme offers better return on investment to its students than those of Wharton, Harvard and other prestigious US institutions, The Economist said.
SINGAPORE: Nanyang Technological University's Master of Business Administration (MBA) programme offers better return on investment to its students than those of Wharton, Harvard and other prestigious US institutions, The Economist said.
According to the British news magazine, NTU's MBA holders gain a 31 per cent return on their investment one year after graduation, ahead of their Harvard (15 per cent) and Wharton counterparts (6 per cent).
Using last year's data from its annual global MBA rankings, The Economist derived the figures by setting salary increases post-MBA against the costs of tuition fees and salary foregone.
France's HEC Paris topped the list of 20, with a return on investment of 67 per cent.
University of Hong Kong was the strongest Asian entry at 60 per cent.
In January, the Financial Times' 2014 MBA ranking placed NTU's MBA, a programme offered by Nanyang Business School, at 12th place globally and number one in Asia in delivering value.
University of Hong Kong was 46th, while National University of Singapore was 37th.
The Wharton School of the University of Pennsylvania came in 98th and Harvard Business School 86th.
Nanyang Business School Dean Ravi Kumar said: "It is gratifying that our commitment to our students' interests is recognised. I am glad that the world class education our students receive is paying dividends in their lives.
"We have revamped our MBA curriculum to sharpen the focus on leadership development and industry application, particularly in the Asian context. A shortened duration of 12 months will increase the value proposition of the Nanyang MBA," he added.
The Nanyang MBA rose eight places to 64th on The Economist's 2013 global ranking of full-time MBA programmes, the highest placing ever by a Singapore business school.
It was ranked 38th this year by the Financial Times.