The full-time MBA programme offered by HKUST's School of Business and Management has been ranked as the best in Asia and Australasia by the Economist Intelligence Unit (EIU). Of the 100 MBA programmes that made the list, 50 were in the United States and Canada, 39 in Europe and 11 in Asia-Pacific. The HKUST programme came in 37th overall. It has made first place in Asia-Pacific in a similar ranking by the Financial Times since 2000. The school's EMBA programme came third worldwide in a Financial Times ranking issued earlier this year. 'I am glad that the ranking recognises the quality of the faculty and the students,' said K. C. Chan, dean of the School of Business and Management at the university. 'Student diversity is a feature of our programme. We will continue to improve these features to support Hong Kong as an education hub.' Steven DeKrey, director of MBA Programmes at the school, said, 'We have been implementing a number of initiatives in our programme to enrich students' learning experiences. In addition to our well-established international exchange programme, we have added a professional team to look after students' personal and career development. Our objectives are to assist our students to renew, improve and develop themselves with their MBA experience. These results are consistent with our priorities.' The Economist Intelligence Unit ranks programmes in four main areas: opening new career opportunities; personal development and educational experience; increase in salaries; and the potential to network. HKUST came second in the world for personal development and educational experience, which is measured by the quality of the faculty, the student and student diversity and educational experience. The quality of faculty came in for special recognition.