City named as one of the best places to study if you want to become a global CEO
Times Higher Education has listed City University London as one of the foremost universities for educating international business leaders. The Alma Mater Index ranked higher education institutions based on the number of Fortune Global 500 CEOs they have produced.
City University London was ranked 3rd in the UK and 89th in the world. Only three other UK universities featured in the top 100; Oxford (21st), Cambridge (45th) and Cranfield (92nd).
Researchers found that CEOs who graduated from City currently run companies with combined total revenues in excess of US $85 billion. Professor Paul Curran, Vice-Chancellor of City University London said:
"I am delighted to see City recognised among such esteemed international higher education institutions. The ranking is a reflection of both the quality of our education and the high calibre of staff and students we attract".
The Times Higher Education Alma Matter Index found that the overwhelming majority of CEOs have a university education, with many earning multiple degrees, including MBAs and doctorates. Of the 499 CEOs in the Fortune Global 500, 113 have MBAs and 53 have doctorates.
Professor Steve Haberman, Dean of Cass Business School at City University London commented:
"Our approach to learning blends rigour and relevance. Our students learn how to apply the latest academic theories to the real world of business. By equipping students with both academic knowledge and hands-on business skills, we produce leaders who can rise to the top of global organisations".
The Alma Matter Index revealed that Harvard University educated the highest number of current chief executives of the world's largest companies. University of Tokyo took second place overall, followed by Stanford University in third position.
Phil Baty, Editor at Large of Times Higher Education, compiled the ranking. He commented:
"This new index is designed to give us an insight into perhaps one of the most important elements of any university - their success at nurturing talent. It is all about the production of our future global leaders. This is something absolutely fundamental to universities and their students. It is great news for City to be among the world top 100 institutions on this metric."
The rankings are published in full in the Times Higher Education Alma Mater Index: Global Executives supplement on Thursday 5th September 2013.