| BUSINESSWEEK ONLINE : OCTOBER 18, 1999 ISSUE | ||||||||
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| BUSINESS WEEK'S TOP 20 FOR NONDEGREE STUDY | The best in management education, ranked according to a Business Week survey of corporate management development executives | ||||
| Ranking: Provider/ Location | 1998-99 Revenue millions | 5-yr. Growth | Programs Offered | % Custom Programs* | Fac. w/5-yr. Corp. Exp. |
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| 1. Harvard | $65.0** | 124% | 69 | 25% | 8% |
| Boston | Best in general management, No.2 in leadership. About to offer exec ed courses at Silicon Valley location. | ||||
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| 2. Michigan | 25.3 | 29 | 79 | 17 | 25 |
| Ann Arbor, Mich. | No.1 in human resources, second in general management. Top clients include Reuters, Ford, Sony. | ||||
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| 3. Pennsylvania (Wharton) | 40.1 | 151 | 89 | 29 | 10 |
| Philadelphia | Best in accounting, No.2 in entrepreneurship, third in marketing. Online offering Wharton Direct cited as creative by educators. | ||||
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| 4. Northwestern (Kellogg) | 31.0 | 158 | 129 | 52 | 10 |
| Evanston, Ill. | Top score in marketing, No.5 in general management. Major clients include U.S. Navy and at&t. | ||||
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| 5. Stanford | 11.0 | 43 | 18 | 2 | 20 |
| Stanford, Calif. | No.1 in innovation, fourth in general management, e-commerce, and entrepreneurship. Customers include Hewlett-Packard. | ||||
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| 6. Virginia (Darden) | 16.7 | 71 | 70 | 48 | 34 |
| Charlottesville | Second in custom programs, third in leadership, fourth in marketing. Running innovative e-commerce program with PWC. | ||||
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| 7. Center for Creative Leadership | 50.6 | 120 | 244 | 47 | 50 |
| Greensboro, N.C. | Only non-B-school to crack the top 20. Tops in leadership, cited as creative by providers, third in innovation, custom programs. | ||||
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| 8. Duke (Fuqua) | 14.0 | 94 | 19 | 81 | 35 |
| Durham, N.C. | Fourth in custom, running marketing program with London. Working with Ford and Eli Lilly. | ||||
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| 9. INSEAD | 40.0 | 60 | 124 | 41 | 5 |
| Fontainebleau, France | Top-ranked non-U.S. provider. Best in global business. Doing custom work with Pfizer, Alcatel. | ||||
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| 10. Columbia | 16.0 | 135 | 51 | 36 | 60 |
| New York | Second in marketing. Working with Sony, Deloitte & Touche. Runs popular Value Investing course in New York, London. | ||||
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| 11. IMD | 35.3 | 69 | 74 | 57 | 8 |
| Lausanne, Switzerland | Third in global, fourth in innovation, fifth in custom. Professors are paid on merit. | ||||
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| 12. MIT (Sloan) | 9.3 | 303 | 37 | 38 | 20 |
| Cambridge, Mass. | Best in e-commerce, second in innovation. J&J, Siemens are among top customers. Running programs in Spain, Taiwan. | ||||
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| 13. North Carolina | 5.2 | 49 | 43 | 49 | 42 |
| (Kenan-Flagler) Chapel Hill | Top customers include Bank of America, Nortel Networks. Running a program in Iceland. | ||||
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| 14. Babson (Olin) | 9.3 | 199 | 65 | 85 | 55 |
| Wellesley, Mass. | Tops in entrepreneurship, say companies and educators. Partnering with Bain & Co. on program "The Loyalty Effect." | ||||
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| 15. Dartmouth (Tuck) | 3.7 | 147 | 15 | 29 | 39 |
| Hanover, N.H. | Innovative Global 2020 program partners with HEC, Oxford, and seven companies. Ranked fifth in entrepreneurship. | ||||
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| 16. Chicago | 4.3 | *** | 18 | 16 | 34 |
| Chicago | Second in accounting. Major clients include Andersen Consulting. In 2000 will offer open programs in Singapore. | ||||
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| 17. Thunderbird | 10.0 | 317 | 122 | 78 | 30 |
| Glendale, Ariz. | No. 2 slot in global business. Partnering with corporate universities at Motorola and General Motors. | ||||
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| 18. London Business School | 20.3 | 123 | 59 | 50 | 60 |
| London, England | New "Masterclasses" targeted to alums. Fifth in global business. Major customers: Exxon, British Telecom. | ||||
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| 19. Penn State (Smeal) | 5.5 | 57 | 55 | 60 | 90 |
| University Park, Penn. | Running logistics programs in Singapore, Venezuela. Top clients include Aramark, GM. | ||||
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| 20. Indiana (Kelley) | 4.3 | 79 | 34 | 99 | 27 |
| Bloomington, Ind. | Custom programs only. Top customers include Whirlpool, Rolls Royce. Exec ed program splitting off from university. | ||||
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* % of total revenue
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**BW estimate
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***Began offering exec ed in 1996
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| Rankings were determined by a Business Week Online survey sent to 587 companies. 273 replied, for a response rate of 47%. Companies indicated familiarity with both university and private-sector providers and ranked them in order of preference, with a No.1 ranking assigned 10 points, No.2 nine points, etc. To get the rankings, the mean scores were multiplied by the number of companies ranking them and divided by the number of companies that indicated familiarity. DATA: BUSINESS WEEK SURVEYS (RESEARCH BY MICA SCHNEIDER, JENNIFER REINGOLD, NADAV ENBAR, CAMBRIA CONSULTING, INC.) | |||||
