Magazine

Table: 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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