Media Relations

October 5, 2009

Financial Times Ranks W. P. Carey School of Business Among World's Best Executive MBA Programs

TEMPE, Ariz. — The Financial Times, one of the world’s leading business publications, ranks the W. P. Carey School of Business at Arizona State University high on its new list of the world’s best executive MBA programs. The school’s program in China comes in at No. 41 on this year’s list, ahead of all other EMBA offerings from Arizona universities.

“The Financial Times is Britain’s equivalent of The Wall Street Journal, with 1.3 million readers, so this is a list that the business community highly regards,” says W. P. Carey School of Business Dean Robert Mittelstaedt. “To be among the top 50 programs worldwide says a lot about the strength of our program and our ability to change lives through education.”

The W. P. Carey School program in Shanghai teaches executives at the highest levels of Chinese businesses about strategy, finance and management, while also explaining how to apply those subjects in the context of the country’s changing economy. This includes sessions related to services marketing, sustainability and working with businesses in other countries. Faculty members come from both Arizona State University and other top universities, including Yale University, Massachusetts Institute of Technology and Columbia University. Students have included three vice governors of China’s major provinces and four vice mayors of Shanghai -- a city with the population of a whole country at 14 million. Other high-profile students include the CEO of the Shanghai Stock Exchange, several bank chairmen, the chairman of Shanghai Airlines, the CEO of Baosteel and the deputy commissioner of the China Securities Regulatory Commission.

“We probably have the most exciting faculty lineup and the most prestigious EMBA program overall in China because we have students who are senior-level executives and government officials in charge of policymaking that can influence millions of people,” says Professor Buck K. W. Pei, associate dean of Asia Programs at the W. P. Carey School of Business.

The W. P. Carey School of Business has received many other recent high rankings. This includes U.S. News & World Report’s ranking as the No. 29 “Best Business School” in the nation for its full-time MBA program. The evening MBA program is No. 24 in the country, and the graduate supply chain management program is ranked No. 5 by U.S. News & World Report. The school was also named No. 25 in the world for business school research productivity in a report from the University of Texas at Dallas.

The W. P. Carey School of Business also offers a similar, top-quality executive MBA program in the Phoenix area, but because the Financial Times limits schools to one entry per year, it was not able to be submitted for consideration on this list. For more information about the W. P. Carey School of Business, visit

The W. P. Carey School of Business at Arizona State University is one of the top-ranked and largest business schools in the United States. The school is internationally regarded for its research productivity and its distinguished faculty members, including a Nobel Prize winner. Students come from 75 countries and include more than 60 National Merit Scholars. For more information please visit and