HKUST is ranked World #20

Source: The Economist -> 2007 B-School Rankings
Link: http://mba.eiu.com/index.asp?layout=2007rankings

GLOBAL B-Schools:

School Rank (out of 100)
Chicago, University of - Graduate School of Business 1
Stanford Graduate School of Business 2
IESE Business School - University of Navarra 3
Dartmouth College - Tuck School of Business 4
IMD - International Institute for Management Development 5
California at Berkeley, University of - Haas School of Business 6
Cambridge, University of - Judge Business School 7
New York University - Leonard N Stern School of Business 8
IE Business School 9
Henley Management College 10
Cranfield School of Management 11
Michigan, University of - Stephen M Ross School of Business 12
Harvard Business School 13
Northwestern University - Kellogg School of Management 14
London Business School 15
Massachusetts Institute of Technology - MIT Sloan School of Management 16
INSEAD 17
Columbia Business School 18
Ashridge 19
Hong Kong University of Science and Technology -- School of Business and Management 20
Pennsylvania, University of - Wharton School 21
Vlerick Leuven Gent Management School 22
Virginia, University of - Darden Graduate School of Business Administration 23
York University - Schulich School of Business 24
Yale School of Management 25
Washington, University of - Business School 26
Warwick Business School 27
Cornell University - Johnson Graduate School of Management 28
Duke University - Fuqua School of Business 29
Emory University - Goizueta Business School 30
Oxford, University of - Sa飀 Business School 31
Notre Dame, University of - Mendoza College of Business 32
Carnegie Mellon University - Tepper School of Business 33
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ASIAN B-Schools:

School Rank (out of 100)
Hong Kong University of Science and Technology -- School of Business and Management 20
Hong Kong, University of ?School of Business 37
Monash University 43
Nanyang Technological University - Nanyang Business School 72
Curtin University Graduate School of Business 80
Macquarie Graduate School of Management 84
China Europe International Business School (CEIBS) 90
Chinese University of Hong Kong 91
Indian Institute of Management - Ahmedabad 92
National University of Singapore - The NUS Business School 94