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Immediate Release

NEWS RELEASE

The Economist Ranks Schulich #1 in Canada & Among World’s Top 25 MBA Programs

TORONTO, ON – Friday, September 28, 2007 – For the sixth straight year, the Schulich School of Business at York University was today ranked #1 in Canada by the Economist Intelligence Unit (EIU), the business research and intelligence arm of The Economist magazine, and was also ranked among the top 25 MBA programs in the world. The Economist survey is the only major global ranking that rates business schools on criteria deemed most important to MBA students and alumni.

In the 2007 Economist survey released today, Schulich ranked 24th overall among the world’s top 100 MBA programs – up from 30th place in 2006. Schulich ranked 13th among North American schools, and 12th in the world among non-US schools. Schulich placed just ahead of Yale, Cornell, Duke and Oxford, and just behind Darden, Wharton, Columbia and INSEAD. For the first time, Chicago took the top spot in the Economist ranking, followed by Stanford. To view the complete results, please visit www.which-mba.com.

The Economist is the third major business publication within the past month to rank Schulich as Canada’s top business school: both Forbes, last month, and The Wall Street Journal, last week, ranked Schulich #1 in Canada and among the top 10 in the world outside the US. (Schulich ranked 11th in the world in The Wall Street Journal survey, which focuses on the assessments of corporate recruiters, and ranked 10th in the world in the Forbes survey in terms of the Return on Investment that MBA programs provide their graduates).

Other key highlights in this year’s Economist ranking:

Schulich was ranked among the top 10 schools in the world in the broad category of personal development and educational experience, which encompasses faculty quality, student quality, student diversity and education experience.
Schulich was ranked 4th in the world in the category of salary increase – a measurement that captures the percentage by which salaries increased pre-MBA to post-MBA.
Schulich ranked 4th in the world in the category of recruiter diversity (the number of industries represented by recruiters who recruit Schulich graduates).
Schulich ranked 13th in the world in the category of internationalism of alumni (Schulich has alumni chapters in 54 countries and more than 20,000 alumni working in over 80 countries around the world.)

The Economist survey measured the opinions of approximately 20,000 MBA students and alumni on categories they consider to be most important, including:
· the ability of a school to open new career opportunities;
· personal development and educational experience;
· salary increase; and
· the potential to network, as measured by the internationalism of the school’s alumni and the breadth of its alumni network.

”We’re pleased by the fact that Schulich improved in the very competitive Economist ranking, and also pleased that we placed among the top 10 schools in the world in several key areas, including personal development and educational experience, salary increase and recruiter diversity,” said Schulich Dean Dezsö J. Horváth. “So far this academic year, Schulich has performed well across the broad spectrum of global business school rankings and continues to improve in many of the areas that these rankings measure.”



About Schulich
Known as Canada’s Global Business School™, the Schulich School of Business in Toronto is ranked among the world’s leading business schools by a number of global surveys. Schulich’s MBA program is ranked #1 in the world by the Aspen Institute (a Washington, DC-based leadership think tank) in a global survey that identified which schools are doing the best job of preparing future business leaders for the environmental, social and ethical complexities of modern-day business. Schulich’s MBA program is ranked #1 in Canada by The Wall Street Journal, Forbes, The Economist and Expansión (a Time Warner publication based in Mexico City). The Kellogg global network of EMBA partner schools, which includes the Kellogg- Schulich EMBA, is ranked #1 in the world by The Wall Street Journal, and the Kellogg-Schulich EMBA is ranked #1 in Canada by the Financial Times of London. For complete ranking details, please visit www.schulich.yorku.ca.

Global, innovative and diverse, Schulich offers business programs year-round at two Toronto campuses — its new state-of-the-art complex on York University’s main campus and its downtown Miles S. Nadal Management Centre located in the heart of the city’s financial district. The School also operates representative offices in Beijing and Shanghai, China; Mumbai, India; Seoul, South Korea; and Moscow, Russia. Schulich offers undergraduate, graduate and postgraduate business degrees that lead to careers in the private, public and nonprofit sectors, and has more than 21,000 alumni working in approximately 90 countries. Schulich pioneered Canada’s first International MBA (IMBA) and International BBA (iBBA) degrees, as well as North America’s first ever cross-border executive MBA degree, the Kellogg-Schulich Executive MBA. Schulich’s Executive Education Centre provides executive development programs annually to more than 16,000 executives in Canada and abroad.

Contact: Elayne Shapiro at (416) 736-5546.