September 25 - “Vesti. Economy". Specialists in the field higher education and Business Education from QS Quacquarelli Symonds have published their 2019 Global MBA Ranking annual report, which ranked the 251 best business schools in the world.
MBA programs were assessed in terms of graduate employability, graduate entrepreneurship level, and graduate salary level.
Below are the 15 best business schools worth pursuing an MBA. 15. University of Michigan Business School. Stephen Ross
The University of Michigan is a public (state) research university located in Ann Arbor, Michigan, USA.
Founded in 1817 in Detroit, but twenty years later (in 1837) moved to Ann Arbor.
The University of Michigan is the oldest university in the state and is part of the so-called "Public Ivy League".
The number of living graduates of the University of Michigan exceeds 460 thousand - this is one of the highest rates among universities in the world.
The University of Michigan is one of the leading educational and research centers in the United States. 14. Kellogg School of Management
Location: Evanston, Illinois, USA Tuition fees: $ 100,000 to $ 149,000
Alumni salary: from $ 120 thousand to $ 129 thousand
This school was founded in the early 1900s. It got its name in honor of one of its graduates, who donated a large amount of money to the school.
The school is located at Northwestern University. 13. ESADE
ESADE offers students education in two languages - English and Spanish. Students can complete the program in 12, 15 or 18 months.
The school is located at Ramon Llul University. 12. Saïd Business School
Tuition fees: from $ 70 thousand to $ 79 thousand
Alumni salary: from $ 70 thousand to $ 89 thousand
Saïd Business School (named after Wafik Said, who donated £ 20 million to fund the school building) was founded in 1996 and quickly established itself as one of the best.
The Oxford brand itself attracts job seekers. The school has joined forces with the University of Oxford and uses its specialists, but also has its own faculty.
MBA students become members of any Oxford college that provides housing, catering, sports activities and social culture businesses. 11. Anderson School of Management
Most of the graduates in 2014 (28.3%) got a job in the field of technology. Most of them work for Google.
The Anderson School of Business is located at the University of California. 10. Columbia Business School
Location: New York, USA Tuition fees: $ 100,000 to $ 149,000
Alumni salary: from $ 120 thousand to $ 129 thousand
Columbia Business School is located at Columbia University in New York. 8. Booth School of Business
Location: Chicago, Illinois, USA Tuition fees: $ 100,000 to $ 149,000
Alumni salary: from $ 120 thousand to $ 129 thousand
Wall Street forge of human resources, school of business. Booth at the University of Chicago is renowned for its high quality education, strong programs in finance and economics, and a prestigious diploma that opens the doors of even closed investment banks and consulting companies... 8. IE Business School
Location: Madrid, Spain
Tuition fees: from $ 80 thousand to $ 89 thousand
Alumni salary: from $ 90 thousand to $ 99 thousand
IE Business School is an international business school located in Madrid (Spain). The school was founded in 1973 as the Instituto de Empresa.
IE Business School has about 1,900 students annually.
IE was founded by entrepreneurs and continues to maintain an entrepreneurial tradition.
As a result, more than 10% of students start new projects after graduating from school.
The MBA program lasts 13 months from November to December or from March to April. Training is possible in English and Spanish.
IE Business School maintains 53 exchange programs for MBA students. 7. HEC Paris
Location: Paris, France
Tuition fees: from $ 70 thousand to $ 79 thousand
Alumni salary: from $ 110 thousand to $ 119 thousand
HEC Paris has become one of the most selective business schools in Europe.
Its alumni work for Fortune Global 500 companies: Best Buy, Havas, Michelin and L "Oréal. 6. INSEAD
Location: Fontainebleau, France / Singapore
Tuition fees: from $ 100 thousand to $ 149 thousand
INSEAD is a French business school and research institute. The school's campuses are located in Europe (France), Asia (Singapore) and the Middle East (Abu Dhabi); Research Center located in Israel.
The school offers a full-time MBA program, a PhD program in management and other programs (including an Executive MBA).
INSEAD is often called the European Harvard and the best business school in Europe, which only confirms its high positions in various rankings.
INSEAD accepts about a thousand people annually, and by this indicator it is ahead of many business schools.
The INSEAD MBA program is designed for 10 or 12 months if the student wants to do summer internships.
Many business schools offer two-year MBA programs, so studying at INSEAD helps to save time without losing quality: the INSEAD diploma is highly rated in the world, and the knowledge and contacts gained help to make a dizzying career anywhere in the world. 5. Sloane School of Management
Location: Cambridge, Massachusetts, USA Tuition fees: $ 100,000 to $ 149,000
Alumni salary: from $ 120 thousand to $ 129 thousand
The Sloane School of Management is located at the Massachusetts Institute of Technology (MIT).
MIT is not only one of the best universities in America, but it is also one of best schools business in the world.
Its alumni work for companies such as Adobe, Microsoft, Google and Facebook, and 7.4% of 2014 alumni have started own business... 4. London Business School
Location: London, UK
Tuition fees: from $ 90 thousand to $ 99 thousand
Alumni salary: from $ 100 thousand to $ 109 thousand
London Business School is the business school of the University of London and was established in 1964.
The school offers a complete training program for MBA program(Master of Business Administration), as well as doctoral and many other programs of advancement and education.
The admission process to London Business School is quite challenging. Thus, this school is one of the most competitive in the world.
). The renowned international business school, with campuses located in France, Singapore and Abu Dhabi, leads the ranking for the second year in a row.
Stanford Graduate School of Business climbed to second place, which it occupied for the last time in 2014. In third place on the list is a business school Wharton at the University of Pennsylvania.
All three "heavyweights" of the MBA arenas - Harvard Business School, London Business School and MIT Sloan- lost to their competitors. Harvard Business School dropped to fourth place, dropping out of the top three for the first time in nine years. The University of London ranked sixth, the lowest in the last 14 years. MIT Sloan missed the top 10 for the first time in a decade, ending up in 13th place.
Business School at the University of Cambridge, Judge Business School (CJBS), “Finished” fifth, having entered the top five for the first time. Moreover, for the first time, the highest place among British MBA programs belongs to non-London Business School.
The ranking is based on the results of the 2013 survey of business schools and alumni. MBA programs are assessed according to several criteria: career growth of graduates, university innovation, ethnic and socio-cultural diversity of the student body and teaching staff.
Stanford graduates receive the most high salary: an average of $ 195,000, but in general, the first 15 MBA programs are almost the same in terms of earnings, career growth and alumni satisfaction. Compared to earnings before studying at a business school, graduates have grown by almost 100% - former students of almost all universities in the ranking receive over $ 150,000.
Insead differs from the competition not only with its one-year program, but also with the international culture that has been shaped by the campuses in different countries ah, as well as one of the largest and most diverse alumni communities. Insead ranks third in international graduate mobility and sixth in international courses.
“Studying at Insead allowed us to experience many foreign cultures,” said one of the respondents, a Swiss citizen. "This is the best business school for studying global culture."
To the rating Financial Times many American business schools entered again. Last year there were only 47 of them, and this year - already 51. Six of the eight schools that first entered or returned to the ranking are in the United States.
Of these six American universities Rutgers Business School from New Jersey ranked 70th, the highest among the newcomers. Business School WP Carey at the University of Arizona returned to the rankings in 57th place, and Moore School of Business at the University of South Carolina - 77th. The latter stands out from the competition, being the leader in international courses: Moore students study abroad from several months to a year.
Canadian universities continue to take their positions. This year, only three were included in the rating, and even those were on average six points lower. Highest, 65th Rotman School of Management at the University of Toronto, while Smith School of Business(Queens University) was at the very bottom of the list, in 100th place.
Meanwhile, Australian and Spanish business schools are doing well. Universities-representatives of both countries have risen in the ranking. Sydney Macquarie Graduate School of Management ranked 49th, the highest among Australian business schools, and Madrid IE Business School climbed to eighth place, entering the top 10 for the first time since 2012. It is worth noting that IE Business School has proven itself to be one of the most innovative in the past few years. This is confirmed by the implementation of new system learning WOW Room that completely transforms the learning process.
Best Business School: Insead
Insead Business School tops the rankings Financial Times for the second year in a row. It was the first to have two campuses with a permanent faculty. The first campus was founded in Fontainebleau in 1957, the second in Singapore in 1999. This university is distinguished by its ethnic diversity: about 95% of students and teachers are natives of different countries. Insead ranks third in graduate mobility and sixth in international courses.
Best Business School for Career Performance: Stanford
Stanford Graduate School of Business returned to second place, up three spots from the previous year. Its graduates receive the highest salary: $ 195,000. In addition, they have the most impetuous. About 42% of former Stanford students are promoted to principal or higher three years after graduation, compared with an average of 22% in other ranked universities. “The money spent on studying at Stanford is an investment both in a career and in your own personal growth- said one of the graduates of 2013. “Thanks to my studies at this business school, I am completely satisfied with my career.” Stanford Graduate School of Business is known for its scholarship programs.
Best Value Business School: Judge
Cambridge Judge Business School Ranked Top 5 for First Time Financial Times... This is a significant achievement considering it was ranked 26th in 2012. The median salary for Judge alumni ($ 164,000) ranks 12th in size, but the business school itself is ahead of the competition in terms of value for money. Judge's one-year MBA program has the lowest tuition among 15 leading business schools, at around £ 40,000 ($ 57,000) in 2012. In addition, Judge is ranked second to Insead for “price of choice” (about $ 60,000).
Ranking Promotion Champion: Mendoza
Mendoza College of Business at the University of Notre Dame, Indiana, climbed a whopping 16 points to 60th in the rankings. The business school continues to make progress, moving up 29 points in the past two years. This is Mendoza's highest position since 2006, when it was ranked 59th. In terms of the quality of work of the employment department, Mendoza is in 37th place, in terms of career growth - in 54th (respectively, 6 and 25 points higher). In addition, the salaries of graduates of this business school increased by 117%, i.e. 20% more compared to 2016.
Best Newcomer: Carey
Arizona State University's WP Carey Business School has done its best in a decade, finishing 57th, last in 2007. Last year, the school was not included in the ranking because too few of its graduates took part in the survey. Financial Times... WP Carey's success is partly due to the fact that the average salary of its graduates has increased to $ 114,000 (in 2015 it was 104,000). In addition, the earnings of former Carey students increased by 115%, i.e. 19% more compared to 2015.
Best Business School for Sex Ratio: Edinburgh
The University of Edinburgh Business School has consistently featured in the rankings Financial Times from 2000 to 2012, ranking the highest, 44th in 2008. It did not make the top 100 business schools in 2013 and 2015, but returned in 2016 and was ranked 91st in 2017. It should be noted that the Edinburgh university has the most balanced gender ratio: 41% of the teaching staff and almost half (49%) of the student body are women. In addition, the local curriculum includes classes on preparing women for leadership positions.
Earning a degree in business, management, or finance can be a great springboard for a career in banking, finance, or the hedge fund industry. Every year QS produces a comprehensive ranking of the best universities in the world, broken down by region and subject. The latest QS ranking includes data on which universities provide the best education in the discipline of business and management.
24. University of New South Wales: 83.6 - Located near Sydney city center, UNSW is one of Australia's most prestigious universities.
23-22. Northwestern University: 83.9 - Located near Chicago in the northern United States. The employer rating is relatively low.
22. Columbia University: 83.9 - New York University Columbia.
21. Erasmus University Rotterdam: 84.0 - Erasmus University is included in the QS ranking "for the first time in 2016, and immediately comes in 21st place for the quality of its programs. Overall, the university is ranked 126th in the world."
20. University of Chicago: 84.1. Overall, Chicago is the 10th best university on earth according to QS, but its programs are not quite at the level required.
19. New York University: 84.1 - New York University is officially the best place in New York to get a business education. Students at the university attend the prestigious Stern School of Business.
18. Hong Kong University of Science and Technology: 84.4 - HKUST maintains the same position this year as it did in 2015. The university's programs performed well across the board.
17. University of California, Los Angeles: 84.5 - UCLA has climbed five places in the QS rankings this year. Overall in the ranking, it is the 27th best university in the world.
16. Yale University: 84.6 - Yale, one of the most elite and prestigious universities in the United States.
15. University of Melbourne: 85.2 - the main university of Melbourne is officially the best place in Australia, and indeed in the southern hemisphere.
14. HEC Paris School of Management: 86.3 - HEC is dedicated to teaching subjects about business, management and finance. However, the university has dropped one position since 2015 when it came in at 13th.
13. Copenhagen Business School: 87.3 is the most prestigious business school in Denmark. She took 10th place last year.
12. National University of Singapore: 87.7 - Highest ranked university in Asia. Business and management students at NUS can expect good work after graduation.
11. University of California, Berkeley: 88.4 - Cal Berkeley has high scores in virtually every category. This is the second best business school on the US West Coast.
10. Universita Commerciale Luigi Bocconi: 88.6 - Bocconi based in Milan, Italy. Unfortunately, he dropped in the rankings (2015) when he was seventh.
9. London School of Economics and Political Science: 90.7 -Located in the heart of London.
8. University of Oxford: 91.5 - Oxford is probably best known for its degrees in subjects such as history and languages. The University's Business School offers some of the best business and management degrees in the world.
7. University of Cambridge: 91.7
6. Massachusetts Institute of Technology: 92.0 - MIT is the most famous university in subjects such as physics and astrophysics, where it is ranked first in the QS rankings.
5. University of Pennsylvania: 92.1 - Penn is not the most famous of the Ivy League colleges, but it offers one of the best programs. Wharton School boasts former students such as Warren Buffett (who dropped out prior to his degree) and Donald Trump.
4. Stanford University: 92.6 - Stanford Graduate School is one of the most prestigious institutions in America.
3. INSEAD: 94.3 - INSEAD maintains a leading position as the best university in non-English speaking countries for business and management studies. The University of Paris focuses exclusively on MBAs.
2. London Business School: 95.0 - Last year, London Business School ranked first in the QS rankings.
1. Harvard University: 97.0 - It's no surprise that the world's most prestigious university also offers the world's best degrees in business and management. Harvard scored 94.7. Business School alumni - Mike Bloomberg, JP Morgan CEO Jamie Dimon, and former US President George W. Bush.
Whether you're planning an MBA or just looking for a good two-week course to improve your own management skills, the Financial Times publishes a list of the best management programs every year. Seven listings are published each year, which include an MBA rating, an EMBA, Masters in Management and Finance, online MBA programs, and non-degree courses. There is also a separate ranking of European business universities.
Financial Times' online rankings allow you to search for a school based on location, different criteria etc. Different programs can be assessed according to many criteria, including the salary of graduates after graduation, as well as the value for money of the training programs provided.
Not all business schools are eligible to participate in the assessment. The Financial Times ranks business schools that are appropriately accredited by AACSB or Equits, have a valid program of study for at least four years, and must have passed at least three years from the end of the first grade of the program. Only if all the criteria are met, educational institutions can be published in the publication.
The rating is compiled on the basis of research conducted by the Financial Times. In the course of research, publications of faculties are counted and summarized, which are placed in 45 main applied and academic journals. Points are awarded only to those business schools in which the author of the publications works. Thus, the first positions are taken by the faculties of those business schools that occupy the first places in applied and academic publications, as well as occupy leading positions according to the other above criteria.
MBA rating 2015
- ... Located in the USA, Massachusetts. The school offers a complete MBA program for its students, as well as many other programs for improvement and education. The school itself was founded back in 1908. Growth percentage wages graduates educational institution for 2015 is 96%.
- London Business School (London Business School)... Based in the UK, it was founded in 2000. The school provides many programs (including those that occupy the first places in the ranking of business education) - MBA, ACCA, CFA, CIMA, etc. The percentage of growth in the salary of graduates in 2015 was 97%.
- ... Located in the USA, Pennsylvania. It was founded in 1881. The school consists of 11 faculties, where more than 80 thousand students from 140 countries of the world study. He is one of the leaders in MBA education in the world. The percentage of graduates' salary growth was 90%.
- ... The school is located at Stanford University, California, USA. It is one of four faculties, was founded in 1925. Training is conducted on English language... The percentage of salary growth among graduates is 80%.
- Insead. French business school and research center. Campuses are located in France, Singapore and the UAE. It is a private business school founded in 1957. It has been repeatedly ranked as one of the best business schools in the world, taking first places in the ratings of MBA education. The percentage of salary growth in 2015 was 86%.
- Located in the USA, New York City. It was founded in 1916, today it provides MBA education in 14 areas of activity. The salary growth rate for graduates is 106%.
- ... The university itself is located in Spain, with campuses in Barcelona, Madrid, Munich and New York. It was founded in 1958 on the initiative of the Prelactura of the Catholic Church (Opus Dei). One of the best private business schools with various education programs, including MBA. The growth rate of graduates' salaries is 121%.
- Located in the USA, Massachusetts. Founded in 1914, it provides multiple business programs, including an MBA. One of the most prestigious schools in the world, which ranks first in the ranking of business education. The salary growth rate is 97%.
- Founded in 1898 in Illinois, USA. Provides learners with 15 various programs business education, including MBA. The percentage of growth in the salary of graduates in 2015 was 97%.
- Located in the state of California, USA. The Walter Haas School of Business was founded in 1868 and has since become one of the most renowned and renowned in the world. The percentage of salary growth in 2015 is 88%.
- Ceibs (China-Europe International Business School). Major international business school founded in Shanghai, China in 1994. There are 13 main programs according to which students can get an appropriate education. Education is conducted in the language of the country in which the school's campus is located. The percentage of salary growth in 2015 for school graduates was 147%.
- IE Business School. International renowned business school based in Madrid, Spain. 6 training programs are provided, including an MBA. It occupies a leading position in the ranking of MBA schools. Salary growth for graduates in 2015 - 104%.
- Cambridge Judge Business School Headquartered at the University of Cambridge in the UK, it is part of the Faculty of Finance and Management. The main direction of the training program is MBA. The school was founded in 1990. At the moment, the percentage of salary growth among graduates is 93%.
- Northwestern University: Kellogg (Northwestern University School of Management). Based in Evanson, Illinois, USA. It was founded in 1910, the main direction of study is the Graduate School of Management. The language of instruction is English. Percentage of growth of wages of graduates - 90%.
- HKUST Business School (Hong Kong University of Science and Technology Business School). Founded in 1991. Education is conducted in both Chinese and English (more than 90% of students are foreigners). The percentage of salary growth in 2015 is 117%.
- HEC Paris (Graduate School of Commerce in Paris). Located in Paris, France. The school was founded in 1881 and has over 4 thousand students. Training is conducted in French and English. For students, 6 training programs are provided, including an MBA. In the ranking of MBA programs, it is one of the best European schools. Graduates' salaries grew by 104% in 2015.
- Yale School of Management. It is a business school at Yale University, located in Connecticut, USA. The school itself was founded in 1976. Two training programs are provided (including MBA). 96% growth rate of graduates' salaries in 2015.
- New-York University: Stern (Stern School or simply Stern). Business School from New York University. It was founded in 1900, the main activity is the provision of MBA education. Percentage of salary growth - 90%.
- Esade Business School (Barcelona Business School). Located in Spain, Barcelona. Founded in 1958, it cooperates with more than 100 universities and schools around the world. Training is provided in 4 main business areas. The percentage of growth in wages in 2015 is 117%.
- IMD (International Institute for Management Development). Best Business School in Europe based in Lausanne, Switzerland. It was founded in 1990, today it works under the EMBA and MBA programs. Graduate salary growth in 2015 - 70%.
- Duke University: Fuqua (Duke University Fuqua School of Business). Private business school, founded in 1969 at Duke University in North Carolina, USA. A little more than 1,300 people are educated in it in six areas of activity. The growth of wages amounted to 91% in 2015.
- University of Oxford: Said (Said Business School at the University of Oxford). Based in the UK, it was founded in 1996. Today the business school provides 8 training programs. Graduates' salary growth - 86%.
- Dartmouth College: Tuck (Tuck Business School at Dartmouth College). It was founded in 1900 and is one of the college's three business schools. Located in New Hampshire, USA. The main area of study is MBA. The percentage of salary growth in 2015 is 94%.
- University of Michigan: Ross (Stephen Ross Business School at the University of Michigan). The school was founded in 1924 and is located in Michigan, USA. She is engaged in 11 areas of study, including MBA. Training is conducted in English. It occupies a leading position in the MBA rating of business schools, in 2015 the percentage of salary growth was 97%.
- UCLA: Anderson (University of California Andersen School of Government). Founded in 1935 in California, USA. Provides 8 training programs, the main language is English. Salary growth was 92% in 2015.
- SDA Bocconi (Bocconi University School of Management). Founded in 1971, located in Milan and Lombardy, Italy. There are 4 training programs in Italian and English. Salary growth in 2015 - 107%.
- Cornell University: Johnson (Samuel Curtis School of Management). The private school, founded in 1946, is located in New York, USA. The main direction of study is MBA, in English. The wage growth rate is 98%.
- University of Hong-Kong (Hong Kong University). Founded in 1911 in Hong Kong, it has 2 MBA programs. Teaching is conducted in Chinese and English. The percentage of growth in the salary of graduates in 2015 was 108%.
- CUHK Business School (Business School of the Chinese University of Hong Kong). Founded in Hong Kong in 1963. There are three areas of study at a business school, including an MBA. Graduates' salary growth is 125%.
- National University of Singapore Business School (Business School of the National University of Singapore). The school was established in 1965 (re-establishment - in 2002) and is located in Singapore. It consists of 6 faculties with different directions learning. The study takes place in English. The percentage of salary growth in 2015 was 127%.
Footnotes
1. Indicates the most recent year that KPMG audited a business school, applying specified audit procedures relating to selected data provided for the Financial Times MBA ranking.
2. The average alumni salary three years after graduation, US $ PPP equivalent. (The 2017 ranking surveyed the MBA class that graduated in 2013). Includes data for the current year and the one or two preceding years where available. This figure is not used in the ranking.
3. The average alumnus salary three years after graduation, US $ PPP equivalent, with adjustment for variations between sectors. Includes data for the current year and the one or two preceding years where available.
4. The average difference in alumnus salary before the MBA to now. Half of this figure is calculated according to the absolute salary increase, and half according to the percentage increase relative to pre-MBA salary - the “salary percentage increase” figure published in the table.
5. This is calculated using the salary earned by alumni today, course length, fees and other costs, including the opportunity cost of not working for the duration of the course.
6. This is calculated according to changes in the level of seniority and the size of company alumni are working in now, versus before their MBA. Includes data for the current year and the one or two preceding years where available.
7. The percentage of the most recent graduating class that had found employment or accepted a job offer within three months of graduation. The figure in brackets is the percentage of the class for which the school was able to provide employment data.
8. This is calculated according to selection by alumni of three schools from which they would recruit MBA graduates. Includes data for the current year and one or two preceding years where available.
9. Percentage of female faculty. For gender-related criteria, schools with a 50:50 (male / female) composition receive the highest score.
10. Percentage of female students on the full-time MBA. For gender-related criteria, schools with a 50:50 (male / female) composition receive the highest score.
11. This is calculated according to the diversity of faculty by citizenship and the percentage whose citizenship differs from their country of employment - the figure published in the table.
12. This is calculated according to the diversity of current MBA students by citizenship and the percentage whose citizenship differs from the country in which they study - the figure published in the table.
13. Percentage of the board whose citizenship differs from the country in which the business school is based.
14. This is calculated according to whether alumni worked in different countries pre-MBA, on graduation and three years after graduation.
15. This is calculated according to whether the most recent graduating MBA class completed exchanges, research projects, study tours and company internships in countries other than where the school is based.
16. Number of extra languages required on completion of the MBA. Where a proportion of students requires a further language due to an additional diploma, that figure is included in the calculations but not presented in the final table.
17. Percentage of full-time faculty with a doctoral degree.
18. This is calculated according to the number of articles published by a school's current full-time faculty members in 50 selected academic and practitioner journals between January 2014 and October 2016. The rank combines the absolute number of publications with the number weighted relative to the faculty's size.
