As Anupama Rao takes a quick lunch break at Infosys in Bangalore she is thinking seriously about her future. Since she graduated from the Indian Institute of Technology five years ago she’s done pretty well, progressing steadily through the innovation department. But now she feels it’s time to make a big change. She’d like to lead more entrepreneurial projects at Infosys, but she’d also be open to starting her own company in the Bangalore area with a couple of Stanford MBA grad friends. Either way, she’s decided to study an MBA.
Soon she’ll be taking the GMAT test in Mumbai so she’s not got long before she has to decide which schools to apply to. She knows the best Indian schools are in Hyderabad and Ahmedabad, but Anu has her heart set on studying abroad, in the US or in Europe. She’s checked out the international rankings and put together her own shortlist by country and city. Looking at the top 20 of each ranking, she’s surprised to find that the Spanish schools come up highly rated again and again. In the Financial Times MBA ranking the three countries with the highest presence are the US (9 schools), Spain (3 schools) and the UK (3 Schools). Business Week’s international ranking tells a similar story with Canada (5 schools) followed by Spain (3 Schools). The Spanish schools even have a strong presence in the Wall Street Journal’s new One Year MBA ranking and the Economist’s MBA ranking with two rated in the top ten of each.
So Spain is second only to the US as the country with the most business schools in the top twenty of the international rankings, with IESE and ESADE of Barcelona and IE of Madrid consistently appearing. In fact, it turns out that Barcelona is the eighth city in the world in terms of attracting numbers of MBA students, a leader board topped by Boston worldwide and Paris in Europe.
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