What is striking in the 2012 results is the consistent strong performance of Harvard Business School, Chicago Booth, Stanford GSB and The Wharton School among the leading US business schools.
The value of the investments have been written down to nil and a note in the recently filed accounts states that GSB Northern Ireland will be subject to "an orderly wind-up" in the coming year.
Despite one or two notable exceptions (the Harvard Business School and Stanford GSB are yet to offer an EMBA course) it appears that schools around the world have been taking note, and placing international expansion and global business practice at the top of the executive agenda.