Friday, 16 September 2011

QS World University Rankings - 2011/2012

QS World University Rankings®, an annual league table of the top 600 universities in the world, is arguably the best-known and respected rankings of its kind.



Compiled by QS in close consultation with an international advisory board of leading academics, the rankings are widely referenced by prospective and current students, university professionals and governments around the world.


The purpose of the rankings has been to recognize universities as the multi-faceted organizations that they are and to provide a global comparison of their success against the notional mission of remaining or becoming world-class. They strive to meet the needs of a broad set of stakeholders including those of students, parents, academics, university staff and employers.

The rankings are based on four key pillars: research, teaching, employability, and internationalisation.

Six distinctive indicators make up the methodology.

  • Academic Reputation
  • Employer Reputation
  • Faculty/student ratio
  • Citations per faculty
  • International faculty
  • International students
The Top Ten

 1. University of Cambridge                               
United Kingdom    

 2. Harvard University                                        
United States  

3. Massachusetts Institute of Technology (MIT)  
United States    

4. Yale University                                            
   United States    

5. University of Oxford                                     
United Kingdom    

6. Imperial College London                                 
United Kingdom
 
7.UCL (University College London)                  
United Kingdom    

8.University of Chicago                                     
United States    

9.University of Pennsylvania                              
United States    

10. Columbia University                                       
United States


Monday, 15 August 2011

The MBA - is it worth it?

More importantly, is it worth the investment made by companies in sponsoring developing leaders on the programme? It can be argued that underdeveloped managers are a greater cost to a company than the once-off investment of a qualification such as the MBA. However, such a statement needs some substance - therefore one has to look at “What value can an MBA graduate add to your company?”



The fact is, we are operating in an ever-changing, fast-paced, highly competitive and global world of work, but how does one respond to this environment. The first step would be to gain an understanding of this distraught business world. It all starts with an understanding of the economy and how businesses can contribute to the invention of products that will increase the country’s resources. With that is an understanding of economic concepts, such as ‘inflation’ and ‘consumer price index’. A simple insight into managerial economics, such as supply and demand and opportunity costs assists MBA graduates understand the role of profit maximisation endeavours in the firm and how economics inform organisational decision-making.

In aligning the company with the government’s economic policies, the manager with an MBA can then oversee the financial management of the firm. And, by understanding the company accounts, the manager can assess the performance of the business. With the well-acclaimed holistic viewpoint of MBA graduates, productivity is seen in terms of the input that all the role-players in the firm must play. Of course the MBA also equips the manager, as a strategist, with analytical tools to assess profitability, through, for example, indicators of return on investment (ROI) or residual income (RI), to mention but two illustrations.”

Up to this point it is clear that the manager with an MBA understands the economic pressures on the company and has a firm grip on the financial condition of the firm. The MBA manager also understands to what extent the current financial situation is aligned with the strategy for profitability. The next logical step is for the MBA manager to know how to discover, predict and fulfil customers’ needs, so the company can show true profits. It is all about knowing how to compete. And it is about that winning relationship with customers and other stakeholders and, through marketing research skills, finding out what the customer wants - a true value-add to the company.