Middle East & Africa - TopMBA Global 200 Business Schools Report 2013/2014

Despite the ongoing economic troubles over the past few years, business schools in the USA and Canada remain highly relevant to global MBA employers and a must-have for domestic employers. As the historical home of business schools, and MBA education, North America has always been an attractive prospect for employers to recruit MBAs from, with The Wharton School established in 1881 as the first ever collegiate business school, and Harvard Business School in the USA, which introduced the first MBA over a century ago.

In fact, for more than half of that 100-year period, the MBA program was largely confined to the USA, allowing long-standing US-based business schools to develop a significant reputation among international employers. This is evident through the dominance of US business schools in the North America regional rating.

European business schools continue to be at the forefront of innovation in business education, ensuring they attract top international talent which in turn attracts global MBA employers. Despite the economic woes of the region, recent years have seen record employment statistics among European business schools, which are supplying MBA talent not just to local employers in the region, but also employers across Asia, the Americas and the Middle East.

Year-on-year, business schools in the Asia region are strengthening their role in the global MBA education scene. The number of Asian and Australian schools featured in the QS Global 200 Business Schools Report increased from 10 in 2004 to 2011 ��� a massive rise in just seven years. This rapid rise in the number of internationally recognized schools is indicative of the improving standards of Asian institutions, as employers increasingly recognize the quality of MBA graduates from certain schools the region.

The majority of employers in Latin America are still looking to hire MBAs educated at the best international business schools in North America and Europe, while local demand that does exist in Latin America tends to be on a country basis with few employers recruiting across borders within the region. Few business schools in Latin America have been successful in developing an international reputation, and as a result are unable to attract as many international students as business schools in Asia, a region which only a decade ago could more easily be compared in terms of the quality and availability of MBA education.

The business schools in this year's rating for the Africa and Middle East region have all featured in previous years. Three out of five of the schools are located in South Africa. There are many more business schools across the African continent, but management education is still in its infancy and it will take many years before these schools achieve real prominence on the international stage.

In general terms, business education in the Middle East is in the very early stages of development. However, with the region looking to diversify its economy away from a strong reliance on the extraction and trade of natural resources, countries such as the United Arab Emirates and Qatar are investing in attracting management education providers from abroad to help train local business leaders and future-proof their economies.

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