A lot has changed since the last time Bloomberg Businessweek ranked international full-time MBA programs. In Europe and Canada, placement rates and starting salaries for newly minted MBAs took a major hit, then began the slow process of recovery. Disgruntled students sent satisfaction scores plunging at some schools, while fickle recruiters switched allegiances at others. The result: France's INSEAD (INSEAD Full-Time MBA Profile) catapulted from No. 3 in 2008 to the No. 1 spot, overtaking Canada's Queen's School of Business (Queen's Full-Time MBA Profile) and Spain's IE Business School (IE Full-Time MBA Profile), which were Nos. 1 and 2, respectively, in 2008.

In the slides that follow, we lay out the winners and the losers in the top 10. But it doesn't end there. This year we nearly doubled the size of the list, ranking 18 international schools in all. Click here for the complete ranking.

Methodology Note: The ranking is based on three surveys of MBA grads (2010, 2008, and 2006) with 26,389 total responses that combined contribute 45 percent to the final ranking; three surveys of MBA recruiters (2010, 2008, and 2006) with 680 total responses that combined contribute an additional 45 percent; and a review of faculty research published over a five-year period in 20 top academic journals that contributes the final 10 percent. Tuition and fees are for the entire MBA program; where applicable, nonresident figures are used. Pre-MBA pay is the median base salary for the incoming class of 2010; post-MBA pay is the median base salary for the graduating class of 2010. Job offers are the percentage of job-seeking 2010 MBA graduates reporting at least one job offer within three months of graduation. Letter grades are based on one or more questions from the 2010 student and recruiter surveys. A+=top 20 percent; A=next 25 percent; B=next 35 percent; C=bottom 20 percent. No D's or F's awarded.

A lot has changed since the last time Bloomberg Businessweek ranked international full-time MBA programs. In Europe and Canada, placement rates and starting salaries for newly minted MBAs took a major hit, then began the slow process of recovery. Disgruntled students sent satisfaction scores plunging at some schools, while fickle recruiters switched allegiances at others. The result: France's INSEAD (INSEAD Full-Time MBA Profile) catapulted from No. 3 in 2008 to the No. 1 spot, overtaking Canada's Queen's School of Business (Queen's Full-Time MBA Profile) and Spain's IE Business School (IE Full-Time MBA Profile), which were Nos. 1 and 2, respectively, in 2008.

In the slides that follow, we lay out the winners and the losers in the top 10. But it doesn't end there. This year we nearly doubled the size of the list, ranking 18 international schools in all. Click here for the complete ranking.

Methodology Note: The ranking is based on three surveys of MBA grads (2010, 2008, and 2006) with 26,389 total responses that combined contribute 45 percent to the final ranking; three surveys of MBA recruiters (2010, 2008, and 2006) with 680 total responses that combined contribute an additional 45 percent; and a review of faculty research published over a five-year period in 20 top academic journals that contributes the final 10 percent. Tuition and fees are for the entire MBA program; where applicable, nonresident figures are used. Pre-MBA pay is the median base salary for the incoming class of 2010; post-MBA pay is the median base salary for the graduating class of 2010. Job offers are the percentage of job-seeking 2010 MBA graduates reporting at least one job offer within three months of graduation. Letter grades are based on one or more questions from the 2010 student and recruiter surveys. A+=top 20 percent; A=next 25 percent; B=next 35 percent; C=bottom 20 percent. No D's or F's awarded.

The Best International Business Schools 2010

INSEAD Ousts Queen's from the No. 1 Spot
INSEAD Ousts Queen's from the No. 1 Spot
A lot has changed since the last time Bloomberg Businessweek ranked international full-time MBA programs. In Europe and Canada, placement rates and starting salaries for newly minted MBAs took a major hit, then began the slow process of recovery. Disgruntled students sent satisfaction scores plunging at some schools, while fickle recruiters switched allegiances at others. The result: France's INSEAD (INSEAD Full-Time MBA Profile) catapulted from No. 3 in 2008 to the No. 1 spot, overtaking Canada's Queen's School of Business (Queen's Full-Time MBA Profile) and Spain's IE Business School (IE Full-Time MBA Profile), which were Nos. 1 and 2, respectively, in 2008.

In the slides that follow, we lay out the winners and the losers in the top 10. But it doesn't end there. This year we nearly doubled the size of the list, ranking 18 international schools in all. Click here for the complete ranking.

Methodology Note: The ranking is based on three surveys of MBA grads (2010, 2008, and 2006) with 26,389 total responses that combined contribute 45 percent to the final ranking; three surveys of MBA recruiters (2010, 2008, and 2006) with 680 total responses that combined contribute an additional 45 percent; and a review of faculty research published over a five-year period in 20 top academic journals that contributes the final 10 percent. Tuition and fees are for the entire MBA program; where applicable, nonresident figures are used. Pre-MBA pay is the median base salary for the incoming class of 2010; post-MBA pay is the median base salary for the graduating class of 2010. Job offers are the percentage of job-seeking 2010 MBA graduates reporting at least one job offer within three months of graduation. Letter grades are based on one or more questions from the 2010 student and recruiter surveys. A+=top 20 percent; A=next 25 percent; B=next 35 percent; C=bottom 20 percent. No D's or F's awarded.

1. INSEAD
1. INSEAD
2008 Rank: 3
Tuition & Fees: $68,107
Selectivity: NA

Pre-MBA Pay: NA
Post-MBA Pay: $111,900
Job Offers: 86 percent

Students Rate the Program
Career Services: A
Teaching: A

Recruiters Rate Graduates
Analytical Skills: A
General Management Skills: A

One Student's View
"The international culture is amazing. As INSEAD is a one-year MBA, everything is more intense, such as work, experience, and relationships. Without a doubt the best year of my life."

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2. Queen's University School of Business
2. Queen's University School of Business
2008 Rank: 1
Tuition & Fees: $71,000
Selectivity: NA

Pre-MBA Pay: NA
Post-MBA Pay: $77,944
Job Offers: NA

Students Rate the Program
Career Services: A+
Teaching: A+

Recruiters Rate Graduates
Analytical Skills: B
General Management Skills: B

One Student's View
"In an MBA program, I was looking for a brand name, networks for the future, great teachers, team learning, and development of leadership skills, apart from the usual business education. I got all of that and more. It is a life-changing experience, and the brand is recognized everywhere."

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Queens University
3. IE Business School
3. IE Business School
2008 Rank: 2
Tuition & Fees: $68,900
Selectivity: 33 percent

Pre-MBA Pay: $62,000
Post-MBA Pay: $101,000
Job Offers: 89 percent

Students Rate the Program
Career Services: A+
Teaching: A+

Recruiters Rate Graduates
Analytical Skills: A+
General Management Skills: A+

One Student's View
"IE Business School differentiates itself from other business schools. Both entrepreneurship and corporate social responsibility are alive throughout the program. Competition is certainly lower than at other B-schools, and friendship and openness are real. Many opportunities are given to students for international exchanges, internships, and venture development."

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IE Business School
5. ESADE
5. ESADE
2008 Rank: 4
Tuition & Fees: $68,000
Selectivity: 46 percent

Pre-MBA Pay: $52,500
Post-MBA Pay: $82,000
Job Offers: 76 percent

Students Rate the Program
Career Services: B
Teaching: C

Recruiters Rate Graduates
Analytical Skills: A+
General Management Skills: A

One Student's View
"ESADE is a place where I learned the true meaning of teamwork. The program's strong group work methodology enabled me to learn vital coaching and conflict-management techniques that will surely be beneficial upon reintegrating into the workforce. The diversity of classmates added value to classroom learning. I had extremely positive experiences during my summer internship (where I received a post-grad offer) and my academic exchange program in Beijing, China. I explored all that ESADE offered, and it was a life-changing experience."

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ESADE
5. London Business School
5. London Business School
2008 Rank: 5
Tuition & Fees: $78,842
Selectivity: 18 percent

Pre-MBA Pay: NA
Post-MBA Pay: NA
Job Offers: NA

Students Rate the Program
Career Services: A
Teaching: B

Recruiters Rate Graduates
Analytical Skills: A+
General Management Skills: A+

One Student's View
"The MBA program offered me the opportunity to explore all my top career choices (investment banking, private equity, corporate finance, investment management, etc.). I was able to see these careers up close, either through internships or by talking to many alumni/classmates from the industry. Now I am fairly confident of my career/industry choice. Although there is still ambiguity in terms of where I will be in five years, I know which direction I am heading."

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London Business School
6. University of Western Ontario
6. University of Western Ontario
Ivey School of Business

2008 Rank: 4
Tuition & Fees: $79,120
Selectivity: NA

Pre-MBA Pay: $58,289
Post-MBA Pay: $84,075
Job Offers: 92 percent

Students Rate the Program
Career Services: A
Teaching: A

Recruiters Rate Graduates
Analytical Skills: A
General Management Skills: B

One Student's View
"The Ivey brand and long-term reputation in Canada is the strongest of any of the Canadian schools. The case method of learning develops stronger decision-making and leadership skills. The Ivey network is one of the best in the world. [There's a] good return on investment with the 12-month program, plus world-class professors and excellent learning facilities."

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Western Ontario University
7. IMD
7. IMD
2008 Rank: 7
Tuition & Fees: $82,488
Selectivity: 22 percent

Pre-MBA Pay: $75,000
Post-MBA Pay: $124,700
Job Offers: 96 percent

Students Rate the Program
Career Services: A+
Teaching: B

Recruiters Rate Graduates
Analytical Skills: A+
General Management Skills: A+

One Student's View
"IMD pushed me personally and academically as hard as I have ever been pushed -- and in the resulting chaos of a year, I learned more about myself than would ever have been possible in a 'normal' situation."

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IMD
8. University of Toronto
8. University of Toronto
Rotman School of Management

2008 Rank: 8
Tuition & Fees: $99,693
Selectivity: 44 percent

Pre-MBA Pay: NA
Post-MBA Pay: $80,000
Job Offers: NA

Students Rate the Program
Career Services: C
Teaching: B

Recruiters Rate Graduates
Analytical Skills: A
General Management Skills: B

One Student's View
"I found the Rotman curriculum to be extremely challenging and mentally stimulating as well as practical, teaching us the best way for companies to do things. In addition, there were endless opportunities to develop leadership skills and hone teamwork and communication skills -- softer skills that are often taken for granted."

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University of Toronto
9. York University
9. York University
Schulich School of Business

2008 Rank: Second Tier
Tuition & Fees: $58,000
Selectivity: 26 percent

Pre-MBA Pay: $43,400
Post-MBA Pay: $81,980
Job Offers: 86 percent

Students Rate the Program
Career Services: B
Teaching: A

Recruiters Rate Graduates
Analytical Skills: B
General Management Skills: B

One Student's View
"I feel Schulich provided a diverse offering of courses and programs. The student body was made up of students with broad employment experience from around the world. The staff and faculty were approachable and helpful and really enhanced the experience I had at the school. I felt all the resources I needed to succeed were there when I wanted or needed them. Schulich provided an innovative approach to business and a global, cross-sectoral, and multi-industry approach."

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York University
10. University of Cambridge
10. University of Cambridge
Judge Business School

2008 Rank: Second Tier
Tuition & Fees: $56,338
Selectivity: 27 percent

Pre-MBA Pay: NA
Post-MBA Pay: $84,677
Job Offers: 76 percent

Students Rate the Program
Career Services: A+
Teaching: A+

Recruiters Rate Graduates
Analytical Skills: C
General Management Skills: NA

One Student's View
"The Cambridge experience is unique, and the course is fantastic, but above all, the course attracts a fantastic range of students, and I have learned so much from them. It is a small class, so you get to know everyone, and it really has a collaborative spirit. A top-class course, at one of the world's best-known and most reputable universities -- what more could you ask for?"

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Cambridge University