SINGAPORE: Singapore's Nanyang Technological University's (NTU) Business School has jumped more than 20 notches to be ranked 24th among the top business schools worldwide.

This is the first time a Singapore-based university's Master of Business Administration (MBA) programme has made it to the top 25 list of Business Schools compiled by the Financial Times.

The ranking is based on two sets of surveys - one completed by alumni who graduated from the MBA programmes three years ago and the other by the business school.

In the Asia Pacific region, NTU’s MBA programme has clinched the number four spot for the third consecutive year.

The school's Dean, Jitendra V Singh said: "We are hiring new world class faculty to continue to excel in rigorous, relevant and innovative teaching and research which meets the needs of the corporate world as we help prepare the global business leaders of tomorrow.”

- CNA/yb