The School of Business and Management of the Hong Kong University of Science and Technology (HKUST) has been ranked one of the world's top 50 business schools offering full-time Master of Business Administration (MBA) programs, according to the latest survey by the Financial Times.

This year, the financial daily expanded the ranking to list the top 100 business schools of the world, with 51 of them from the United States, 9 from Canada, 3 from Australia, 2 from Asia and 3 from Central and South Africa.

HKUST Business School is the only business school from Hong Kong to make this prestigious list of 100 and the only one from the whole of Asia to be the top 50, said Della Bradshaw, the newspaper's business education editor.

Overall, the school ranks the 48th, and it is particularly strong in the areas of diversity and research. Within the categories of diversity, it ranks the first in the world for the international experience that its MBA program offers, and the second for its international faculty.

In terms of research, the school ranks 33rd based on faculty publications in top journals, and is one of the only 15 schools in the survey that possess a 100-percent PhD-qualified faculty.

This is the second year the Financial Times has ranked business schools on a worldwide scale. In the year 2000 survey, the paper named 75 schools in the world and the HKUST Business School was the only one from Asia.

(Xinhua 01/23/2001)