Cities account for 80% of the global GDP and new hubs are emerging around the world with more influence than even countries. For instance, the influence of City of London when it comes to financial regulations is extraordinary, or the global reach of cities like Singapore and Hong Kong. As well as American cities became a magnet for European talent in the first half of the 20th century as a consequence of the World (European) Wars, are there other cities that will tap into the opportunities of the ocean of talent being expelled from home countries after the advent of the Great Recession? For instance, Doha and Dubai in the Middle East, the above-mentioned Singapore and Hong Kong in the Far East, or cities like Santiago, Sao Paulo and Bogotá in Latin America. The capacity of cities to attract international talent is one of the key issues in the century of talent and mobility. International students enrolled in top MBA programs may be an indicator of a city's capacity to attract global talent. This is the reasoning that made me think about creating the MBA City Monitor, hosted by ESADE Business School. The Monitor is basically a list of cities sorted by their international MBA population (only those students enrolled in top programs, considering top MBA programs those that have been ranked by the Financial Times at least once in the last three years, which makes a list of 126 programs around the world, more than half in the US).
The top ten urban areas of the ranking:
1. Boston
2. NY
3. London
4. Chicago
5. Barcelona
6. Paris
7. Toronto
8. Raleigh-Durham
9. Singapore
10. SF/SJ/ Bay Area
Link to the press release:
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