Chile continues to top Latin American rankings for business schools

The Universidad Adolfo Ibáñez retained top spot in the América Economía, while another nine institutions were among the top 45 business schools.

Thanks to a rise in published research and a batch of new full time and highly qualified professors, Chile’s Universidad Adolfo Ibáñez (UAI) has retained its position as the most highly ranked Latin American business school for the second consecutive year, according to leading business magazine, América Economía.

The Chilean university – which has campuses in the capital of Santiago, Viña del Mar and the U.S. city of Miami – enjoyed another year of intense research, replicating the findings of the recent Scimago Institutions Ranking, which placed Chilean universities as the leaders of research in Latin America.

The most recent publication documented 114 papers from UAI published in indexed journals in 2011, up from 88 in 2010.

América Economía also pointed to the hiring of nine new professors with doctorates in some area of business management, meaning that UAI now has 48 professors with these credentials, in additional to 29 part time professors, a third of whom have a Ph.Ds.

After UAI, the five top positions went to the Instituto Centroamericano de Administración de Empresas, based in Costa Rica and Nicaragua, followed by two Mexican institutes, the Instituto Tecnológico Autónomo and the Escuela de Graduados en Administración y Dirección de Empresas of the Tecnológico de Monterrey, then Brazil’s Escuela de Administración de Empresas de Sao Paulo de la Fundación Getulio Vargas.

The ranking was conducted on 45 of the top business institutions in 13 countries of Latin American. Of those, ten institutes were Chilean, with the Universidad Católica ranked at 7, Universidad de Chile at 10 and Universidad del Desarrollo, Diego Portales and Federico Santa María at 16,17 and 18 respectively.

Further on, Universidad de Talca, Universidad de Santiago and Alberto Hurtado came in at 22, 23, and 24 respectively, while Escuela IEDE was at 41.

The América Economía ranking was based on five criteria: academic strength, production and dissemination of knowledge, internationalization, strength of networks and business environment.

The international recognition of business schools in Chile comes at the same time as science in the Andean nation received a major boost, with the announcement of an upgrade in the relationship with the U.S. National Science Foundation.

This post is also available in Spanish