News Details | 31-Jan-2011

Nanyang Business School maintains standing among world’s top 35 business schools

NBS alumni have the highest average salaries among Singapore MBA programmes

Nanyang Business School (NBS) is ranked 33 in this year’s Financial Times’ Top 100 Global MBA Rankings. Its average three-year ranking (from 2009-2011) is 28.

Its MBA alumni also have the highest average salaries among those who attend Singapore programmes. Measured three years after graduation, the NBS alumni have an average salary of US$104,592.

“Rankings can fluctuate from one year to another but the Nanyang Business School is like a blue-chip stock – consistency is our middle name. This is evident in how we have been ranked in the Financial Times’ global top 100 every year since 2007 – 67 in 2007, 46 in 2008, 24 in 2009 and 27 in 2010,” said NTU President-Designate, Professor Bertil Andersson.

NBS has also been in the Economist Top 100 MBA ranking since 2004. It was ranked 69 in 2010, making it number 1 in Singapore.

Professor Andersson is confident NBS will maintain its prime position as a top business school in Asia. NBS has been ranked around fourth to sixth in Asia in the last few years. He added that it is good that there are two universities from Singapore in the Top 35 this year.

“NBS is highly rated for its strong industry relevance and we are in the process of finalising funding sponsorships that will swell its research coffers significantly in the next few months. This will be a huge boost for NBS and its students and will set the school in an excellent position in the coming years,” said Professor Andersson.

Professor Gillian Yeo, NBS’ Interim Dean, said one of the key reasons why students choose Nanyang Business School is because of the good reputation of its programmes due to its high industry relevance.

“The rich, cross-cultural and internationally diverse class at NBS provides an excellent platform for participants to understand, manage and work with each other across different cultures and nationalities. This is important in today’s globalised world and is also why our alumni are able to command attractive salaries as they have the capability to take on jobs globally,” said Dr Yeo.

NBS has also proven to be the choice of the industry. For example, the Bayer Group in Germany has been sponsoring their high flying employees to come for the Nanyang MBA for the last 10 years. This is a strong affirmation of the endorsement of the NBS programme for their highly selected managers. Bayer alumni also do very well back in Europe and in Asia.

In Sep 2010, Singapore Stock Exchange chose to partner NTU to set up a centre for financial education, featuring a state-of-the-art laboratory with trading-enabled terminals and online real-time data. The most recent courses run by this centre were rolled out without much fanfare but have been over-subscribed. This is a testimony of the relevance of the courses in the marketplace.

Said Ong Chao Choon, an NBS alumnus from Banking and Finance who is now a partner at PricewaterhouseCoopers: “My Nanyang MBA gave me a headstart in my transition from audit to doing merger and acquisition advisory.  Today, I am equally comfortable sparring on business valuation or dissecting financial derivative accounting. 

“The analytical skills and problem- solving techniques I acquired during the programme still come in handy - be it in helping my clients address their business issues, or in leading PricewaterhouseCoopers' Transactions practice across the region.”

For Sanju Malani, a 2010 NBS MBA Graduate, currently an associate at Nomura Investment Banking, Singapore, the Nanyang MBA scores on its industry relevance.

“I had the opportunity to meet with professionals from Nomura Investment Banking on campus during a presentation and pursued my interest by being an intern for the M&A division during July-August 2010. The MBA Career Services were instrumental throughout my application and interview process and helped me secure the internship at Nomura. This led to my current permanent position at Nomura," he said.

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Media contact

Feisal Abdul Rahman
Senior Assistant Director (Publicity, Media & Account Relations)
Corporate Communications Office
Nanyang Technological University
Tel: 6790 6687

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