Schulich at the Top of Global Survey

The Schulich School of Business at Toronto’s York University was today ranked number 1 in a global ranking of the top 100 MBA programmes that prepare future leaders for the environmental, social and ethical complexities of modern-day business.

The Beyond Grey Pinstripes is a research survey and alternative ranking of business schools that have leading innovative full-time MBA programmes that integrate social and environmental issues into their curriculum. These schools are said to lead students into the reality of tomorrow’s markets by equipping them with the social, environmental, ethical and economic perspectives required for business success in a competitive and fast changing world.

Schulich placed first, ahead of Michigan, Yale, Stanford, University of California at Berkeley, and Columbia in the world’s top 10. A full description of the ranking, its methodology and individual MBA program ratings is available online at www.BeyondGreyPinstripes.org.

Some 149 business schools from 24 countries took part in the ranking. Business schools were rated in four equally weighted categories:

• Student Opportunity, which measures the number of MBA courses          offered that contain social and environmental content;
• Student Exposure, which measures the percentage of MBA course time dedicated to social and environmental issues;
• Course Content, which measures the extent to which courses illustrate    the value of integrating social and environmental considerations into business decisions; and
• Faculty Research, which measures the number of relevant articles            published in leading management journals.

Dean of the Schulich School of Business, Dezsö J. Horváth, said:

The global corporate landscape has changed more in the last year than ever before. And what has changed most of all is the nature of expectations and demands placed on corporations. The narrow shareholder model is being replaced by a much broader stakeholder model – one that considers the implications of strategic decisions on all of a company’s stakeholder groups… The watershed events of the past year are making it imperative for companies to deal seriously with the triple bottom line of social, environmental and economic issues.

The Beyond Grey Pinstripes ranking measures how well business schools are preparing students for this new reality, and Schulich is proud to be rated number one in the world when it comes to graduating managers who have the tools necessary to lead in the new world of business.

Schulich began laying the groundwork for research and teaching in the areas of business ethics and sustainability back in the early 1990s when few other business schools were doing so. Today’s #1 ranking is recognition of close to two decades of research, innovation and curriculum development at our School.

Director of the Aspen Institute’s Center for Business Education, Rich Leimsider, said:

In these challenging economic times, the general public, not just scholars, are questioning whether the established models of business are broken… The schools in the Beyond Grey Pinstripes ranking are thoughtfully pursuing new approaches. They are preparing students who take a more holistic view of business success, one that measures financial results as well as social and environmental impacts.

The only representative from Asia in the top 100 was the Philippines’ Asian Institute of Management.

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