INSEAD and CEIBS retained the first and second ranks respectively for the third successive year in the QS Global MBA rankings Asia 2020 while new entrant ESSEC captured the third place.

INSEAD figures in this list of the best full-time MBA programs in Asia since it has a campus in Singapore apart from its Fontainebleau campus in France. This year, the list has 24 B-schools, including two new entrants.

The Top 10 MBA Programs in Asia

With INSEAD AND CEIBS retaining the first and second ranks, new entrant ESSEC pushed down the University of Hong Kong to the 5^th place while NUS remained at number 4. Meanwhile, IIM Ahmedabad slipped one place to rank 6 as also Nanyang Singapore in the 7^th rank. IIM Bangalore, however, moved up one place to rank 8.

HKUST dropped two places to 9^th rank. Likewise, CUHK Business School also moved down 2 places to rank 10.

Top Performers in Asia MBA Rankings

INSEAD scored better than all other Asian business schools in three of the five indicators QS used to compile the rankings. These are employability (40%), entrepreneurship and alumni outcomes (15%), Return on Investment (20%), Thought Leadership (15%), Class & Faculty Diversity (10%).

The school scored an unmatched 86.4 for Entrepreneurship & Alumni outcomes, 94.6 on Employability and 91.6 on Thought Leadership.

However, despite having scored 98.7 on Return on Investment, IIM Bangalore with 100 points pushed it to the second place in this criterion. INSEAD also lost out on Diversity with a score of 65. ESSEC and Nanyang NTU were ahead in this indicator with a score of 75 each. Nevertheless, the school notched up an overall score of 90.8.

IIMs and Other Indian Schools in the Rankings

IIM Ahmedabad, despite having dropped one spot to the 6^th rank, scored 20 for Diversity, 51.4 for Thought Leadership, 62.6 for Employability, 90 for Return on Investment and 74.4 on Entrepreneurship & Alumni Outcomes. It had an overall score of 63.9.

IIM Bangalore, climbing up one place to rank 8, scored 25 for Diversity, 46.9 for Thought Leadership, 57.8 for Employability, 100 for Return on Investment and 59.7 on Entrepreneurship & Alumni Outcomes. It had an overall score of 61.6.

Meanwhile, the Indian School of Business (ISB), dropped two places to 12^th Rank this year. It scored 30 for Diversity, 37.9 for Thought Leadership, 49.2 for Employability, 51 for Return on Investment and 43.9 on Entrepreneurship & Alumni Outcomes. It had an overall score of 45.2.

IIM Calcutta dropped one spot to rank 13, scored 20 for Diversity, 41.7 for Thought Leadership, 48.4 for Employability, 34.3 for Return on Investment and 64.1 on Entrepreneurship & Alumni Outcomes. It had an overall score of 44.1.

SPJIMR, Mumbai, retaining its 18^th rank, scored 40 for Diversity, 30.5 for Employability, 55.5 for Return on Investment. It did not supply figures for Thought Leadership and  Entrepreneurship & Alumni Outcomes. The school had an overall score of 31.7.

Other Schools in the Rankings

Shanghai Jiao Tong (Antai) moved to spots up to rank 11, followed by ISB (12), IIM Calcutta (13), City University of Hong Kong (14), Sungkyunkwan University GSB (15), Yonsei School of Business (16), Waseda Business School (17), SPJIMR (18), NUCB Business School (19) and Almaty Management University (20).

Ranked 21 was International University of Japan followed by Sun Yat-Sen (22), Suleman Dawood School of Business (23), Ritsumeikan APU (24) and Doshisha (25) to complete the list.

Ranking Methodology

The Asia Rankings are culled from the QS Global MBA Rankings 2020 that list a total of 240 MBA programs across the world. The data was collected in early 2019 through the QS Global Employer Survey, the QS Global Academic Survey and a survey completed by the business schools themselves.

The survey by the schools looked at quantitative indicators such as the salary of graduates, class profile and other such information. While the schools were not asked to survey their alumni, they furnished career progression information on their alumni to MBACSEA compliant standards.

The data received was based on 2018 graduating class (for employment info) and incoming 2018 class for class composition. Where this data was not available, the most recent available data provided by the schools was used.

In a minor number of cases, publicly available information was used to ensure that the ranking remained as accurate as possible.

According to the criteria laid down by QS to be included in the global rankings, the program must be taught mainly on-campus (not distance-learning),  full-time (or at least have the option to be) and have a class size of at least 10 students.

The schools were required to provide relevant data in the majority of indicators to be included. A total of 13 criteria form the basis of five key indicators that programs were ranked on.

These are employability (40%), entrepreneurship and alumni outcomes (15%), Return on Investment (20%), Thought Leadership (15%), Class & Faculty Diversity (10%).

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