TWO of Ireland's largest business schools have both been placed among the top-50 in a prestigious new ranking of the world's best business institutions.
Trinity College Dublin's business school came 37th in the 2013 Eduniversal Business School Rankings, the highest ranking for an Irish business school.
UCD's Michael Smurfit Business School came 48th.
The rankings examine 1,000 business schools in 154 countries and include a vote by practising academics.
"This is a very significant ranking for Trinity's Business School, especially given that the deans and directors of the 1,000 best academic institutions worldwide are asked to vote," said the head of Trinity's business school, Dr Jim Quinn.
"Their high rating of our school is an acknowledgement of the international reputation of our research and education programmes along with the quality of our graduates.
"It is especially timely given the school's expansion plans with a new state-of-the-art facility to be built and its plans for the further development of undergraduate and postgraduate programmes."
Trinity announced plans for its new business school earlier this year.
The 13,000sqm site will feature six storeys above ground and three below, a 600-seat auditorium, restaurant spaces for 200 people, a public space where students can meet, 'smart' classrooms and a rooftop conference room.
It will also include an entrepreneurship and innovation hub, to provide space for start-up companies and academic and administrative offices.
Construction should be completed by 2017.
The MBA offered by UCD's Michael Smurfit Business School is still the only Irish programme to make it on to a separate, equally influential ranking of the best MBAs in the world, released by the 'Financial Times' last month.