MercoPress. South Atlantic News Agency

Six Chilean Business Schools among the best of Latinamerica

Universidad Católica jumped two spots and leads the ranking in Chile

A newly released yearly ranking of the best business schools in Latinamerica conducted by América Economia Intelligence placed six Chilean Universities among the top 20.

The Universidad Católica leads the ranking of Chilean universities, jumping two spots from last year to second on the overall list. It is followed by the Universidad Adolfo Ibañez (UAI), trailing in sixth place.

The Universidad de Chile dropped two places in comparison to last year’s ranking and is now in 10th place while the Universidad del Desarollo (UDD) stayed in 12th place for the second year in a row.

Alberto Hurtado is ranked as number 18 and Federico Santa Maria as 20. Both universities went up by six places from last year.

The report called the rivalry between Adolfo Ibañez University and the UDD in entrepreneurship an “interesting duel.”

Traditionally, that sector is lead by the UDD. This year, however, the UAI took first place in that area because its “enterprise incubator” created over 100 companies.

In regards to academic strength, the UDD is ranked the highest, standing out with its high percentage of professors who are “experts” in business.

This year, the ranking modified the way it measures networking. For the first time it analyzed the networks of university graduates. This indicator was added because the ranked schools claimed that almost all their students aged between 35 and 45 claimed that getting an MBA helps them increase their networking.

Among the 48 business schools in Latin America considered for the ranking, Nicaragua's Central American Institute of Business Administration (INCAE) is in first place. It was founded with the support of Harvard University and was rated the highest in the four criteria taken into account for the study: academic strength, production and teaching, and international networking.

The Autonomous Technological Institute of Mexico (ITAM), which was at the top of the ranking for the last two years, fell to fifth place because it scored lower in teaching quality.

By Marine Comte-Trotet - Santiago Times