Wednesday, June 24, 2020
Financial Times Releases 2019 Global MBA Rankings
This yearââ¬â¢s Financial Timesââ¬â¢ Top 10 Business Schools is made up of the same names as last yearââ¬â¢s list. Although Stanford Graduate School of Business has stayed in the top spot, there was a lot of shuffling around of the other top 9. Most notably, Harvard Business School rose to the #2 spot after falling to 5th place last year. Despite a lot of movement in the FT ranking, the mix of countries in the list has stayed stable. The UK continues to be a strong force. The number of schools from Australia, India, and Singapore is comparable to 2017 or 2016. Top 100 Schools by Country CountrySchools Per Country (Based on School's Primary Campus) Total100 United States51 United Kingdom11 China6 France5 India4 Singapore3 Australia3 Canada3 Germany3 Spain3 Switzerland2 Costa Rico1 Ireland1 Italy1 Netherlands1 Portugal1 South Korea1 The FT began its business school rankings in the late 1990s. Twenty years later, a total of 150 schools participated in this yearââ¬â¢s FT survey. All participating schools met the FTââ¬â¢s entry criteria. For the 2019 edition, alumni of the class of 2015 were surveyed. Approximately 8,000 alumni completed the survey (38% response rate). The ranking was comprised of 20 different criteria. Alumni responses were responsible for 8 criteria, with a total weight of 61%. School data accounted for 11 criteria, with a total weight of 29%. The research rank counted for the final 10%. hbspt.cta.load(58291, '8759ad4b-61cd-4b71-8746-e7a0a50aab2e', {}); Here are some of the highlights from the rankings: This is the second year in a row that Stanford GSB not only takes the top overall spot, but also had alumni with the highest weighted average salary ($228,074, increased from $214,742) and career progress. HBS ranked 1st as the school alumni would recruit graduates from. They also had the second highest weighted salary ($205,486) and rose 15 places to a joint 1st place in the research rank. INSEAD, at #3, is the highest ranked MBA program in Europe. Their weighted salary of $179,661 was the highest for European schools and above the average of $137,900. China Europe International Business School (CEIBS) rose from 8th to 5th place this year. This is the schoolââ¬â¢s highest position ever, and the highest FT rank ever attained by an Asian school. Corporate Social Responsibility (CSR) is a criterion for the first time this year. University of Virginia, Darden has taken the top spot for having a large portion of its core curriculum on the subject. Fudan University School of Management (Shanghai) had the largest increase over pre-MBA salaries. There was a whopping 195% increase after graduation, with an average salary of $110,062. University of Florida-Warrington was ranked top in value for money based on alumni salary, course length, tuition costs, and income lost during the MBA. Top 10 B-Schools 2019 Rank3 yr. RankSchool NameCountryWeighted Salary ($)Salary Increase (%) 11Stanford Graduate School of BusinessUS228,074129 24Harvard Business SchoolUS205,486112 32INSEADFrance/Singapore179,661104 43UPenn WhartonUS197,267114 58CEIBSChina174,115183 65London Business SchoolUK169,675102 77Chicago BoothUS185,861126 810MIT SloanUS188,173107 98Columbia Business SchoolUS184,099114 1011UC Berkeley HaasUS188,746104 The Financial Time Work Careers editor, Isabel Berwick, is promising to ââ¬Å"re-examineâ⬠the FT rankings for relevance and also possibly develop additional rankings. Stay tuned for next yearââ¬â¢s Financial Time Rankings and anticipate changes. Getting into a highly competitive program like any of the schools on this list can be quite a challenge! Check out our MBA Admissions Consulting Editing services and have an expert Accepted advisor guide you to acceptance at your top-choice MBA program. Learn more here. For 25 years, Accepted has helped business school applicants gain acceptance to top programs. Our outstanding team of MBA admissions consultants features former business school admissions directors and professional writers who have guided our clients to admission at top MBA, EMBA, and other graduate business programs worldwide including Harvard, Stanford, Wharton, Booth, INSEAD, London Business School, and many more.à Want an MBA admissions expertà to help you get Accepted? Click here to get in touch! Related Resources: â⬠¢Ã Navigate the MBA Application Maze: 9 Tips to Acceptance, a free guide â⬠¢Ã Harvard, Stanford, Wharton: Whatââ¬â¢s the Difference?, a short video â⬠¢Ã B-School Selectivity Index: Discover the Schools Where You are a Competitive Applicant
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