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QS Global 200 Business Schools
Report 2013/14

Top business schools
by region:

Latin America
2

QS Global 200 Business Schools Report 2013/14

This year’s QS Global 200 Business Schools report divides the world’s top
business schools into four categories, based on their level of international
employer recognition: Elite Global, Emerging Global, Elite Regional and
Emerging Regional.
Latin American schools appear in the latter three categories.

1. Elite global
Elite Global business schools form an established cadre of the world’s very
best business institutions. They are targeted by a wide range of employers,
both domestically, regionally and globally. Highly international, they
typically admit only experienced candidates with superior GMAT scores
and all-round credentials. Their name will transform the resume of any
candidate. MBAs will in many cases go on to be influential business leaders,
and can expect to earn top salaries upon graduation.
There are currently no Latin American schools in this category.

2. Emerging Global
Emerging Global business schools have an established reputation for
excellence among employers that stretches well beyond their region. They
attract high-quality candidates from all over the world, and graduates
can expect to earn highly competitive salaries. Though in many cases they
are newer and not as firmly established as the ‘brand name’ institutions
that make up the Elite Global cluster, these institutions will in many cases
aspire to break into the Elite Global group in years to come.

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www.TopMBA.com

2013

2012

Institution

Country

Employer
Index

Avg
GMAT
Score

Avg
Years
Work

%
Intern'l

%
Female

Class
Size

1

1

EGADE-Tecnologico de Monterrey,
Campus Monterrey

Mexico

62,9

628

8

15

33

439

2

2

Pontificia Universidad Católica de Chile

Chile

47,7

500

0

10

10

N/A

3

3

BSP - Business School Sao Paolo,
MBA

Brazil

36,2

550

5

40

30

N/A

4

4

Fundacao Getulio Vargas

Brazil

31,9

550

6

20

25

N/A

5

8

Instituto Tecnologico Autonomo de
Mexico (ITAM)

Mexico

29,1

580

7

15

30

N/A

6

7

Universidad de Chile

Chile

28,4

500

15

15

18

28

7

5

IAE Business School, Universidad
Austral

Argentina

27,9

651

5

60

25

52

8

6

INCAE Business School

Costa Rica

25,3

600

4

85

38

184

Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com)

total of eight schools from Latin America make the Emerging Global category this year, with
5 nations represented: Brazil (2), Chile (2), Mexico (2), Argentina and Costa Rica.
EGADE-Tecnologico de Monterrey, Campus Monterrey retains its position as Latin America’s
number one school for employer recognition, ahead of Pontificia Universidad Católica de
Chile and Brazil’s Business School Sao Paulo.
The top school for GMAT scores is Argentina’s IAE Business School, Universidad Austral.
Average years of work experience range from 15 at Universidad de Chile to zero at Pontificia
Universidad Católica de Chile.

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QS Global 200 Business Schools Report 2013/14

Average salaries
Avg Salary on
Graduation
(USD)

Avg Mean
Bonus
(USD)

% Employed
3 Months
After
Graduation

Program
Length
(Months)

Total Tuition
Fees (USD)

EGADE-Tecnologico de Monterrey, Campus
Monterrey

50000

N/A

N/A

17

35700

Pontificia Universidad Católica de Chile

N/A

N/A

N/A

15

23000

BSP - Business School Sao Paolo, MBA

68000

N/A

80

18

25000

Fundacao Getulio Vargas

N/A

N/A

N/A

18

8874

Instituto Tecnologico Autonomo de Mexico
(ITAM)

N/A

N/A

N/A

12

15710

Universidad de Chile

65000

6000

95

18

37750

IAE Business School, Universidad Austral

30000

N/A

70

11

24000

INCAE Business School

40000

8320

60

21

47650

Institution

Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com)

In terms of graduate salaries, Emerging Global schools in Latin America remain
some way behind those in Europe, North America and parts of Asia-Pacific, despite
continued economic growth.
Salaries for graduates of Universidad de Chile (US$71,000) and Business School
Sao Paulo (US$68,000) are well in excess of those on offer elsewhere in the region,
approaching those in Canada and mid-ranking European nations. Yet these are the
only schools in the region with averaging starting salaries exceeding US$50,000.

3. Elite Regional
Elite Regional institutions are well regarded by employers within their region, and
may have started to develop a reputation further afield. Admitted students typically
have strong credentials, though they may be slightly less experienced on average

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www.TopMBA.com

than those at Elite Global or Emerging Global institutions. Elite Regional institutions are
often younger institutions that, having established an excellent reputation among employers
within their region, will be looking to establish their brand as one with a truly global reach.
Peru’s ESAN, Escuela de Administracion de Negocios para Graduados is the only Latin
American school in this category.

2013

2012

Institution

Country

Employer
Index

Avg
GMAT
Score

Avg
Years
Work

%
Intern'l

%
Female

Class
Size

9

10

ESAN, Escuela de Administracion de
Negocios para Graduados

Peru

18,2

500

6

10

40

64

Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com)

4. Emerging Regional schools
Emerging Regional institutions have established a solid reputation among employers
within their own country. They will appeal to candidates with fewer years of professional
experience, and graduate salaries are on average more modest than those at Elite Regional
institutions. Having established a good reputation among domestic employers, they will now
be looking to increase their visibility among international employers and students.
Mexico’s IPADE Business School, Universidad Panamericana is the only Latin American
school in this category.

2013

2012

Institution

Country

Employer
Index

Avg
GMAT
Score

Avg
Years
Work

%
Intern'l

%
Female

Class
Size

10

9

IPADE Business School, Universidad
Panamericana

Mexico

13,8

608

4

9

33

69

Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com)

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Top business schools latin america - Source QS

  • 1. QS Global 200 Business Schools Report 2013/14 Top business schools by region: Latin America
  • 2. 2 QS Global 200 Business Schools Report 2013/14 This year’s QS Global 200 Business Schools report divides the world’s top business schools into four categories, based on their level of international employer recognition: Elite Global, Emerging Global, Elite Regional and Emerging Regional. Latin American schools appear in the latter three categories. 1. Elite global Elite Global business schools form an established cadre of the world’s very best business institutions. They are targeted by a wide range of employers, both domestically, regionally and globally. Highly international, they typically admit only experienced candidates with superior GMAT scores and all-round credentials. Their name will transform the resume of any candidate. MBAs will in many cases go on to be influential business leaders, and can expect to earn top salaries upon graduation. There are currently no Latin American schools in this category. 2. Emerging Global Emerging Global business schools have an established reputation for excellence among employers that stretches well beyond their region. They attract high-quality candidates from all over the world, and graduates can expect to earn highly competitive salaries. Though in many cases they are newer and not as firmly established as the ‘brand name’ institutions that make up the Elite Global cluster, these institutions will in many cases aspire to break into the Elite Global group in years to come. Follow us
  • 3. 3 www.TopMBA.com 2013 2012 Institution Country Employer Index Avg GMAT Score Avg Years Work % Intern'l % Female Class Size 1 1 EGADE-Tecnologico de Monterrey, Campus Monterrey Mexico 62,9 628 8 15 33 439 2 2 Pontificia Universidad Católica de Chile Chile 47,7 500 0 10 10 N/A 3 3 BSP - Business School Sao Paolo, MBA Brazil 36,2 550 5 40 30 N/A 4 4 Fundacao Getulio Vargas Brazil 31,9 550 6 20 25 N/A 5 8 Instituto Tecnologico Autonomo de Mexico (ITAM) Mexico 29,1 580 7 15 30 N/A 6 7 Universidad de Chile Chile 28,4 500 15 15 18 28 7 5 IAE Business School, Universidad Austral Argentina 27,9 651 5 60 25 52 8 6 INCAE Business School Costa Rica 25,3 600 4 85 38 184 Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com) total of eight schools from Latin America make the Emerging Global category this year, with 5 nations represented: Brazil (2), Chile (2), Mexico (2), Argentina and Costa Rica. EGADE-Tecnologico de Monterrey, Campus Monterrey retains its position as Latin America’s number one school for employer recognition, ahead of Pontificia Universidad Católica de Chile and Brazil’s Business School Sao Paulo. The top school for GMAT scores is Argentina’s IAE Business School, Universidad Austral. Average years of work experience range from 15 at Universidad de Chile to zero at Pontificia Universidad Católica de Chile. Follow us
  • 4. 4 QS Global 200 Business Schools Report 2013/14 Average salaries Avg Salary on Graduation (USD) Avg Mean Bonus (USD) % Employed 3 Months After Graduation Program Length (Months) Total Tuition Fees (USD) EGADE-Tecnologico de Monterrey, Campus Monterrey 50000 N/A N/A 17 35700 Pontificia Universidad Católica de Chile N/A N/A N/A 15 23000 BSP - Business School Sao Paolo, MBA 68000 N/A 80 18 25000 Fundacao Getulio Vargas N/A N/A N/A 18 8874 Instituto Tecnologico Autonomo de Mexico (ITAM) N/A N/A N/A 12 15710 Universidad de Chile 65000 6000 95 18 37750 IAE Business School, Universidad Austral 30000 N/A 70 11 24000 INCAE Business School 40000 8320 60 21 47650 Institution Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com) In terms of graduate salaries, Emerging Global schools in Latin America remain some way behind those in Europe, North America and parts of Asia-Pacific, despite continued economic growth. Salaries for graduates of Universidad de Chile (US$71,000) and Business School Sao Paulo (US$68,000) are well in excess of those on offer elsewhere in the region, approaching those in Canada and mid-ranking European nations. Yet these are the only schools in the region with averaging starting salaries exceeding US$50,000. 3. Elite Regional Elite Regional institutions are well regarded by employers within their region, and may have started to develop a reputation further afield. Admitted students typically have strong credentials, though they may be slightly less experienced on average Follow us
  • 5. 5 www.TopMBA.com than those at Elite Global or Emerging Global institutions. Elite Regional institutions are often younger institutions that, having established an excellent reputation among employers within their region, will be looking to establish their brand as one with a truly global reach. Peru’s ESAN, Escuela de Administracion de Negocios para Graduados is the only Latin American school in this category. 2013 2012 Institution Country Employer Index Avg GMAT Score Avg Years Work % Intern'l % Female Class Size 9 10 ESAN, Escuela de Administracion de Negocios para Graduados Peru 18,2 500 6 10 40 64 Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com) 4. Emerging Regional schools Emerging Regional institutions have established a solid reputation among employers within their own country. They will appeal to candidates with fewer years of professional experience, and graduate salaries are on average more modest than those at Elite Regional institutions. Having established a good reputation among domestic employers, they will now be looking to increase their visibility among international employers and students. Mexico’s IPADE Business School, Universidad Panamericana is the only Latin American school in this category. 2013 2012 Institution Country Employer Index Avg GMAT Score Avg Years Work % Intern'l % Female Class Size 10 9 IPADE Business School, Universidad Panamericana Mexico 13,8 608 4 9 33 69 Source: QS Global 200 Business Schools Report 2013/14 (TopMBA.com) Follow us