Lancaster MBA rises in global FT rankings
The 2008 Financial Times global MBA ranking reveals that for the fifth successive year the Lancaster MBA has risen, this time by six places to 22nd in the world.
The Lancaster MBA is 4th in the UK, and is in Europe’s top 10 MBA programmes. Other global business schools in Lancaster’s cluster in the latest ranking include Yale, Kellogg (Northwestern), Hong Kong UST, HEC Paris, Said (Oxford) and the Indian School of Business.
Particular strengths of the Lancaster MBA revealed in the new league table include:
Value for money: 1st in the world (averaging the last three years)
Placement success: 1st in the UK (for the second year running)
Career progress: 7th in the world (and 1st in the UK)
Dean of Lancaster University Management School, Professor Sue Cox, praised her colleagues in the MBA team for their commitment to the programme, and congratulated the class of 2004 on their career success which is behind Lancaster’s continued rise in the rankings. She emphasised that the ongoing success of the Lancaster MBA was a consequence of a strategic review of the programme six years ago and a major change process that commenced at that time and which continues today. She added: “The entire Lancaster community—students , alumni, staff and employers who work closely with us—is reaping the benefits of some very innovative ideas and a lot of hard work by many colleagues over the last few years. The success is richly deserved.”
Director of the Lancaster MBA, Oliver Westall, said that this higher ranking reflected the programme’s special ‘Lancaster’ qualities: innovation in content and process, never satisfied with what has worked in the past; action learning providing engagement time and again throughout the programme with a range of organisations; and a focus on the management process through the Mindful Manager module, delivered in collaboration with Coverdale, Human Factors International, and Outward Bound Professional.
Oliver continued: “These are some of the inputs that develop managers who can act thoughtfully but decisively in today’s complex corporate and networked organisations. Lancaster is the School that has the secret of taking ideas into the world of organisations and making them work. The MBA market has a reputation for producing graduates who are strong on analysis but weaker on actual managing; Lancaster produces engaging and effective managers who quickly adapt to their new situation to achieve real change.”
Lancaster is the only management school that is consistently in the UK’s top four across the following areas of activity: MBA, Masters in Management, Research and customised Executive Education. Sue Cox added: “The consistency with which Lancaster delivers, and over so many years, is a source of reassurance to all our students and corporate customers.”