The times are a-changing: the Financial Times has just released its latest business school rankings. It is notable that four out of the top 20 schools are now in the developing world whereas only 2 were in 2007 and only 1 was in 2006. INSEAD (with joint campuses in Switzerland and Singapore), the China Europe International Business School, the Hong Kong University of Science and Technology Business School, and the Indian School of Business are adding diversity to the previously Western-centric list. 25% of the top 20 business schools are now in the developing world; who would've guessed this thing could happen? It's a good deal, I think: business educators are going to where the students are--in Asia--instead of the other way around.