University of Melbourne, home of the Melbourne Business School, has secured another international accolade, becoming the only Australian institution included in an index of the world’s top universities ranked by the success of their alumni.
The Times Higher Education Alma Mater Index: Global Executives 2013 ranks institutions by the number of degrees they have awarded to the top executives of Fortune Global 500 companies.
Among the CEOs of the 500 companies there were 113 MBAs and 53 PhDs.
Melbourne University secured 91st place on the list with two alumni – Rio Tinto’s Sam Walsh (Bachelor of Commerce) and Morgan Stanley’s James Gorman (Bachelor of Arts and Bachelor of Laws) – now heading up Fortune 500 companies.
Harvard University, which has collectively awarded 31 degrees to 25 CEOs whose companies have a staggering combined revenue of $1.5 trillion (£1 trillion), was the top ranked university. In second place is the University of Tokyo, followed by Stanford University.
Asian universities do much better in the table than in conventional rankings, although more than half the list is made up of European or North American institutions.
Forty-seven CEOs, almost 9 per cent of the total, were educated in the rapidly developing “Bric” nations (Brazil, Russia, India and China).