FORBES RANKS THE BEST BUSINESS SCHOOLS by koy10468

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									              FORBES GLOBAL RANKS THE BEST BUSINESS SCHOOLS
                                        FOR THE BUCK


 Rankings Measure Return on Investment for M.B.A. Degrees at 67 U.S. Business Schools
                       and 18 International Business Schools

       New York, New York (October 3, 2003)—Business schools have lured many college
graduates in the past several years with an alternative to job searching in a shaky world
economy. But which schools offer the best return on investment for would-be M.B.A.s? For the
third consecutive time, Harvard University ranks No. 1 in the U.S. for return on investment for
M.B.A.s. With a five-year gain of $149,000 over tuition and foregone salary, Harvard Business
School graduates get the most dollars for their degree. The No. 2 U.S. school, Columbia
University, had a five-year gain of $147,000. Among the international programs, INSEAD of
France ranked No. 1 with a 171% five-year gain. IMD of Switzerland ranked No. 2 with a 141%
five-year gain.
       For this year’s survey, Forbes Global sent out 18,000 questionnaires to full-time
graduates of M.B.A. programs around the world. To determine the five-year M.B.A. gain,
Forbes Global asked for pre-M.B.A. salaries as well as for compensation in three of the first five
years out of school. The survey then compares the compensation after school, with both costs of
attending (in tuition and foregone salary) and estimates of what the same students would have
made in their old jobs. For the full story visit: www.forbes.com

OTHER STORIES INCLUDE:


NOW YOU’RE TALKING MONEY (p. 20)—Forbes Global’s survey of cellular bills around
the world show Europe at a loss. Forbes Global compared the price of cellular service in six of
the world’s major business cities. London and Berlin hold the dubious distinction of being the
world’s most expensive cities in which to use a cell phone, besting even high-cost Tokyo.

IN DEERE’S TRACKS (p. 48)—Sany, chief distributor of John Deere products in China, will
partner or pattern itself so it can grow at home and abroad. In addition to distributing Deere,
Sany is ramping up its own branded production, which accounted for all of its $118 million in
2002 revenue and involves most of the sprawling plant in southern China’s Hunan province.
Profits reached $25 million.


Contact:          Kimberley Kraeuter at (212) 367-2620 David Poratta (212) 462-9727

								
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