Singapore Management University (SMU) Lee Kong Chian School of Business has been ranked first in the Far East Asia Zone among 200 business schools ‘with significant international influence’.
The results were part of the ‘Best 1,000 Business Schools in 154 countries’, compiled by Eduniversal for 2014. The Paris-based global ranking and rating agency aims to provide information to aid students in their search for the best schools in the following nine zones: Africa, Central Asia, Eastern Europe, Eurasia & Middle East, Far East Asia, Latin America, North America, Oceania and Western Europe.
Eduniversal employs a methodology which comprises a three-step process. First, the best 1,000 business schools are selected from 4,000 business schools around the world based on a set of quantitative and qualitative criteria. Schools are then rated according to their international reputation at a national and global level, and by geographical zone. They are divided within each country into five levels of excellence which Eduniversal titles the ‘Palme of Excellence’.
A Palme level is awarded to each school based on a set of internationalisation criteria. SMU is one of 200 business schools in the Four Palme of Excellence league (Business School with significant international influence) and is in first position in the Far East Zone.
Finally, schools are ranked within each Palme level according to the assessment made by peers: The Deans Vote.
According to Eduniversal, “The Deans Vote is the element that distinguishes Eduniversal’s Ranking and Rating methodology. The aim is to add a component of peer assessment… Business Schools are evaluated and recommended by their academic peers from all around the world.”