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October 20, 2003 BW Magazine Table of Contents

October 20, 2003 Special Report -- Executive Education Table of Contents





OCTOBER 20, 2003 SPECIAL REPORT -- EXECUTIVE EDUCATION
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The 20 Best Executive Education Programs

This year, BusinessWeek splits the Executive Education ranking: open enrollment programs, open to participants from a variety of companies, and custom programs, designed specifically for one company. Below are the best in both, according to a global survey of corporate managers and human resource executives.

OPEN ENROLLMENT CUSTOMIZED CURRICULUM
Rank Provider/Location 02-03 Tot. Rev.* Millions Open Programs Offered 5-Yr. Rev. Chg. Rank Provider/Location % Rev. from Custom Revenue Millions Clients Served 02-03
1 Harvard
Boston
$67.0 80 33.9% 1 Duke Corporate Ed.**
Durham, N.C.
100% $24.0 32
2 Pennsylvania
(Wharton) Philadelphia
37.7 116 31.3 2 Harvard
Boston
21 14.7 24
3 Michigan
Ann Arbor, Mich
20.5 74 -15.6 3 IMD
Lausanne, Switzerland
50 28.7 70
4 Center for Creative
Leadership Greensboro, N.C.
46.2 417 8.5 4 Pennsylvania
(Wharton) Philadelphia
48 18.1 54
5 INSEAD
France/Singapore
67.2 117 68.0 5 INSEAD
France/Singapore
48 32.2 69
6 Stanford
Palo Alto, Calif.
16.5 35 46.0 6 Virginia (Darden)
Charlottesville, Va.
54 8.4 17
7 Columbia
New York
17.4 79 27.9 7 Center for Creative
Leadership Greensboro, N.C.
48 22.2 173
8 IMD
Lausanne, Switzerland
57.4 80 73.4 8 Northwestern
(Kellogg) Evanston, Ill.
50 NA 29
9 Northwestern
(Kellogg) Evanston, Ill.
NA 112 NA 9 Michigan
Ann Arbor, Mich.
19 3.9 24
10 London Business School
London
18.8 156 116.0 10 Babson (Olin)
Wellesley, Mass.
82 5.5 37
11 Virginia (Darden)
Charlottesville, Va.
15.4 58 -1.9 11 Columbia
New York
37 6.4 18
12 Chicago
Chicago
10.5 28 343.0 12 Thunderbird
Glendale, Ariz.
73 7.8 133
13 Thunderbird
Glendale, Ariz
10.7 245 -4.5 13 Stanford
Palo Alto, Calif.
19 3.1 6
14 American Management
Assoc. New York
NA NA NA 14 London Business School
London
55 10.3 50
15 Case Western Reserve
(Weatherhead) Cleveland
2.3 59 121.0 15 Dartmouth (Tuck)
Hanover, N.H.
36 2.0 14
16 MIT (Sloan)
Cambridge, Mass.
11.1 28 171.0 16 Indiana (Kelley)
Bloomington, Ind.
100 2.0 31
17 Duke (Fuqua)**
Durham, N.C.
2.1 36 NA 17 Ashridge
Hertfordshire, England
54 16.3 106
18 IESE
Barcelona
30.0 124 NA 18 Toronto (Rotman)
Toronto
50 2.5 10
19 NYU (Stern)
New York
NA 25 NA 19 Case Western Reserve
(Weatherhead) Cleveland
55 1.3 11
20 UNC (Kenan-Flagler)
Chapel Hill, N.C.
8.3 44 48.0 20 NYU (Stern)
New York
60 NA 10
Rankings were determined by the results of an online survey BusinessWeek sent to 337 companies; 134 responded (40%). Companies indicated familiarity with both university and private-sector providers and ranked them in order of best programs overall for both custom and open enrollment programs. A No.1 ranking was assigned 10 points, No.2 nine points, etc. To compute the ranking, the total score for a school/provider was multiplied by the number of companies ranking it and divided by the number of companies that indicated familiarity. Schools/providers ranked too infrequently by companies were disqualified. The survey was administered by and rankings were tabulated by Cambria Consulting Inc.

*Includes all custom and open enrollment revenues
** Duke's custom executive education programs are run through Duke Corporate Education, a for-profit company, but five years ago, the two branches reported revenues together





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