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New global rankings laud W. P. Carey School

W. P. Carey School of Business
October 15, 2012

New rankings and ratings are out from three prestigious groups that examine the best business schools in the world. The Financial Times, The Economist and The Princeton Review all give the W. P. Carey School of Business at Arizona State University extremely high marks for excellence.

“The new rankings from The Economist and Financial Times show the W. P. Carey School is consistently recognized among the best business schools in the world,” says Robert Mittelstaedt, dean of the W. P. Carey School of Business. “The new book from The Princeton Review delivers high praise in the form of reviews from our own students. Recognition from highly regarded media outlets is gratifying, but acclaim from students who actually attend our school and learn from our stellar faculty also really validates our mission and accomplishments.”

In the new rankings out today from the Financial Times, the W. P. Carey School’s executive MBA program in China ranks as one of the Top 25 executive MBA programs in the world. The Financial Times is considered to be Britain’s equivalent of The Wall Street Journal. It specifically ranks the W. P. Carey School program in Shanghai as No. 21 globally and the No. 2 executive MBA program affiliated with any U.S. public university.

“Our students in the Shanghai program are senior-level executives at businesses and government agencies responsible for decisions influencing literally millions of people,” says professor Buck K. W. Pei, associate dean of Asia Programs at the W. P. Carey School of Business. “The new Financial Times ranking speaks to the commitment of our faculty members and partners in China, who provide world-class management education for key members of the global business community.”

Students in the Shanghai program have included three vice mayors of China’s major provinces, six vice mayors of Shanghai, the chief executive officer of the Shanghai Stock Exchange (the fifth-largest stock exchange in the world), several bank chairmen, the chairman of Shanghai Airlines, the chief executive officer of Baosteel, the deputy commissioner of the China Securities Regulatory Commission, and many other top leaders. The program includes high-level visits to some of the world’s biggest companies and classes taught by faculty members from both Arizona State University and other prominent universities.

The new rankings from The Economist, also released this month, review the W. P. Carey School’s full-time MBA program in Arizona. This marks the first time the school has been invited to participate in the global rankings survey, and it debuted high on the Top 100, at No. 59. It is the only Arizona school on the entire list and Top 10 in the western United States. The full-time W. P. Carey MBA program is known for its small, personal classes and a high return-on-investment for tuition. The Economist, based in London, is renowned for its intellectual appeal and boasts a readership of 2.5 million.

The Princeton Review releases its new edition of “The Best 296 Business Schools” this month. The new book is based largely on student surveys and praises the W. P. Carey School for its peer network, cutting-edge classes, satisfied students, career services, and solid preparation in management and teamwork. The book gives the school a 96 rating for academic experience and a 93 rating for career (graduate employment/salaries), on a scale with a maximum of 99.

“All of these new reviews point to our consistence in striving for and achieving excellence,” says Amy Hillman, the school’s executive dean. “We’ll continue to educate many of the best students in the world, and we’re now unveiling a new scholarship program to help with that.”

The school is unveiling a new scholarship program called The Wm. Polk Carey Memorial Scholarship Fund this month. It will provide financial support for some of the highest-achieving individuals who apply to the W. P. Carey School of Business. The exclusive scholarship is named after the school’s benefactor, real estate investor and acclaimed philanthropist Wm. Polk Carey, who donated $50 million to the school in 2002/2003. No additional application is required for the new scholarship program; all successful full-time MBA applicants will be considered for the scholarships.

For more information about the W. P. Carey School, which also has highly ranked undergraduate business, evening MBA and online MBA programs, visit