The Texas Executive MBA Program at The University of Texas at Austin is ranked ninth in the world, according to Poets and Quants for Executives' second annual EMBA ranking. The McCombs School of Business debuted at ninth last year among North American schools. This year's ranking combined programs from around the world into one global listing.
The top three global contenders were the same as last year's top three North American programs: The University of Pennsylvania's Wharton School of Business heads the list of the 55 schools, followed closely by the University of Chicago and Northwestern University.
Only three public schools cracked the Top 10: UCLA (6), Michigan (7) and McCombs (9). UCLA and Michigan traded ranks with each other from last year.
Other Texas schools in the Top 25 are SMU (19) and Rice (22).
CNN Money/Fortune magazine called McCombs an "unqualified bargain" in a report on the ranking and pointed out that the Texas EMBA Program is the only one among the top 10 with a price tag under six figures.
"This confirms that The University of Texas at Austin is one of the best values in business education anywhere in the world," said Dean Thomas W. Gilligan. "The McCombs School of Business has one of the lowest tuitions among elite business schools, including undergraduate, full-time MBA and executive programs. Students who are in the position to benefit from a top-tier business education taught by professors who are at the peak of their field can do that right here in Texas, without facing the tuition burden found elsewhere."
Poets and Quants for Executives first appeared in March 2011 as an online one-stop shopping site for prospective EMBA students. Its mastermind, John A. Byrne, previously an executive editor at BusinessWeek, was responsible for launching the magazine's influential MBA rankings more than two decades ago.
Unlike other rankings, Poets and Quants' EMBA ranking attempts to measure the overall reputation of EMBA programs not with a new survey, but by averaging the four latest ratings of EMBA programs by Bloomberg Businessweek, U.S. News and World Report, The Wall Street Journal and Financial Times. The programs are assigned an index score and ordered from top to bottom. For more information on ranking methodologies, visit McCombs TODAY.