HEC Montréal , an affiliated business school with the university has also received significant recognition. The business school had ranked 12th on the 2011 Forbes ranking of the best international one-year MBA programs, placing higher than any Canadian business school.  The 2011 Financial Times ranking for master's in management programs placed HEC Montréal 39th in the world, and first in the country.  In CNN Expansion's 2011 ranking of the world's best MBA program, HEC Montréal was ranked 62nd in the world, and second nationally.  In The Economist's 2011 ranking of the best MBA program in North America, HEC Montréal was 56th on the continent, and fifth nationally.  The 2010 Bloomberg Businessweek biannual business school rankings had also ranked HEC Montréal as the 15th best business school outside the United States, and the sixth best business school in Canada.  The QS ranking of North American MBA programs placed HEC Montréal 30th in North America, and 7th in Canada.  In an employability survey published by the New York Times in October 2011, when CEOs and chairmans were asked to select the top universities which they recruited from, HEC Montréal placed 46th in the world, and second in Canada.