INSEAD Remains No.1 in FT Global MBA Ranking 2017

INSEAD has retained its top position for the second successive year in the the Financial Times Global MBA Ranking 2017 while Stanford Graduate School of Business moved up to the 2^nd rank from its fifth place in the previous year.

The Wharton School at the University of Pennsylvania moved up one spot to occupy the third place. Harvard Business School dropped to 4^th rank from the 2^nd place it held in 2016.

The London Business School (LBS) fell three spots to the 6^th rank and MIT Sloan School of Management dropped to the 13^th place from being ranked 9^th in 2016. This is the first time in a decade that Sloan failed to make it among the top ten.

Judge Business School at the University of Cambridge moved up from the 10^th rank it held in 2016 to occupy the 5^th spot, for the first time replacing LBS as the top ranked UK business school.

 It  was also ranked the Best value for money. With its one-year MBA, Judge has the lowest tuition fees among the top 15 schools, at about £40,000 in 2012. its alumni have the second lowest opportunity cost, at about $60,000 behind INSEAD.

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Stanford topped the rankings for career progress. About 42% cent of alumni hold positions at director level or above three years after graduation, compared with 22% on average for ranked programs.

FT says the ranking is based on surveys of the business schools and their graduates of 2013. The assessment is based on the career progression of alumni, the school’s idea generation and the diversity of students and faculty.

INSEAD had, in 2016, become the first school offering a 1-year full time MBA program to grab the first rank. With campuses in Fontainebleau, France, established way back in 1957 and the second one in Singapore set up in 1999, the school boasts of a strong intercultural leanings with the most extensive and diverse alumni networks.

While its weighted salary is only $167,657 compared to Stanford’s $195,322, it scores with 95% salary increase compared to the US school’s 93%.

However, it is the 34^th ranked Shanghai Jiao Tong University: Antai that managed to secure a whooping 172% increase in salary for its alumni with the weighted salary pegged at $123,330.

The Indian School of Business (ISB) ranked 27^th, up two spots from the previous year, also reports a salary increase of 160% with the weighted salary at $145,453.

The Indian Institute of Management Ahmedabad (IIM-A) slipped from rank 24 to 29^th this year while recording a 105% increase in salary and the weighted pay pegged at $181,863.

IIM Bangalore, the third Indian business school in the 100-rank list, is placed 49, having climbed 13 places from its 62^nd rank in 2016. It recorded a salary increase of 96% with the weighted pay at $152,000.

Stanford’s alumni have the highest salary on average at $195,000 but overall the top 15 MBA programmes are closely matched in terms of income, career progress and satisfaction.

All but one have average alumni salaries greater than $150,000, with a pay increase of about 100 per cent compared with their pre-MBA income.

FT says the latest figures show US business schools improving their strength in the rankings with the numbers going up to 51 after having dropped down to 47 in 2016.

Among them, Rutgers Business School, New Jersey was the highest new entrant at 70. WP Carey School of Business at Arizona State University is the highest returning school at 57.

Moore School of Business at the University of South Carolina returns at 77. Moore also grabbed the top spot for international course experience with its students spending several months to a year overseas.

Canadian schools continued to lose with only three figuring in the rankings compared to five in the previous year. Rotman School of Management at the University of Toronto is the highest ranked at 65, while Smith h of Business at Queen’s University is bottom of the table in 100th place.

Australian and Spanish schools were on the upswing. Sydney’s Macquarie Graduate School of Management was Australia’s top placed institution at 49 and Spain’s IE Business School moved up four places to eighth, the first time since 2012 that the Madrid school is back in the top 10.

Global MBA Ranking 2017

Rank in 2017	Rank in 2016	School name	Country	Weighted salary (US$)	Salary (%)	Career progress rank
1	1	Insead	France / Singapore	167657	95	30
2	5	Stanford Graduate School of Business	US	195322	93	1
3	4	University of Pennsylvania: Wharton	US	181634	92	24
4	2	Harvard Business School	US	178113	97	10
5	10	University of Cambridge: Judge	UK	164462	107	18
6	3	London Business School	UK	154567	92	5
7	6	Columbia Business School	US	172624	103	40
8	12	IE Business School	Spain	168923	108	4
9	8	University of Chicago: Booth	US	168200	110	22
10	16	Iese Business School	Spain	147596	133	12
11	17	Ceibs	China	159870	155	26
12	11	Northwestern University: Kellogg	US	164326	96	13
13	9	MIT: Sloan	US	165716	88	19
13	7	University of California at Berkeley: Haas	US	168163	94	25
15	14	HKUST Business School	China	149538	103	38
15	18	Yale School of Management	US	158206	110	27
17	23	Esade Business School	Spain	146127	116	2
18	22	Dartmouth College: Tuck	US	165414	105	45
19	19	New York University: Stern	US	150859	102	20
20	15	HEC Paris	France	132073	99	37
21	13	IMD	Switzerland	154511	81	31
22	25	SDA Bocconi	Italy	129064	120	42
23	20	University of Michigan: Ross	US	149728	105	75
24	21	Duke University: Fuqua	US	150212	96	44
24	29	Nanyang Business School	Singapore	126218	138	64
26	32	National University of Singapore Business School	Singapore	131760	136	67
27	31	Cornell University: Johnson	US	150531	115	34
27	29	Indian School of Business	India	145453	160	32
29	24	Indian Institute of Management Ahmedabad – 1 Year Full Time MBA (PGPX)	India	181863	105	3
30	38	Alliance Manchester Business School	UK	130535	108	16
31	42	Rotterdam School of Management, Erasmus University	Netherlands	120625	98	35
32	34	UCLA: Anderson	US	149608	98	49
33	28	University of Oxford: Saïd	UK	139235	87	11
34	39	Shanghai Jiao Tong University: Antai	China	123330	172	23
35	27	University of Virginia: Darden	US	148358	111	47
36	26	CUHK Business School	China	121193	119	15
37	37	City University: Cass	UK	127110	85	28
38	33	Carnegie Mellon: Tepper	US	136576	104	58
39	44	University of Hong Kong	China	123546	109	63
40	44	Georgetown University: McDonough	US	135711	105	62
41	49	University of Washington: Foster	US	130042	97	84
42	35	Lancaster University Management School	UK	114220	101	48
43	41	University of North Carolina: Kenan-Flagler	US	131250	105	65
44	46	Warwick Business School	UK	112702	74	43
45	35	Imperial College Business School	UK	112865	72	41
46	47	University of Texas at Austin: McCombs	US	137944	95	79
47	54	Indiana University: Kelley	US	127346	103	91
48	52	University of Southern California: Marshall	US	135199	95	68
49	56	Macquarie Graduate School of Management	Australia	131488	75	17
49	62	Indian Institute of Management Bangalore – 1 Year Full Time MBA (EPGP)	India	152000	96	21
51	55	Emory University: Goizueta	US	134370	104	59
52	51	University of Maryland: Smith	US	114031	104	46
53	57	Cranfield School of Management	UK	123773	77	36
54	49	Mannheim Business School	Germany	113829	73	56
54	69	Sungkyunkwan University GSB	South Korea	114479	96	39
54	66	AGSM at UNSW Business School	Australia	121794	61	82
57		Arizona State University: Carey	US	113707	115	77
58	65	Michigan State University: Broad	US	106517	124	99
59	60	University of St Gallen	Switzerland	119861	66	57
60	76	University of Notre Dame: Mendoza	US	127995	117	54
61	71	Georgia Institute of Technology: Scheller	US	123651	113	95
62	57	University of California at Irvine: Merage	US	114748	106	70
63	75	Ohio State University: Fisher	US	114120	108	80
64	53	Rice University: Jones	US	130852	97	94
65	80	Brigham Young University: Marriott	US	127420	120	72
65	60	University of Toronto: Rotman	Canada	101270	83	87
65	68	Wisconsin School of Business	US	117284	108	86
68	80	Washington University: Olin	US	115349	105	60
69		Purdue University: Krannert	US	114732	113	52
70		Rutgers Business School	US	108479	130	83
70	40	The Lisbon MBA	Portugal	118442	88	33
70	64	ESMT Berlin	Germany	108360	68	71
70	79	University College Dublin: Smurfit	Ireland	113094	71	66
74	84	Edhec Business School	France	113502	77	51
75	66	Durham University Business School	UK	104321	75	50
76	87	Melbourne Business School	Australia	100319	81	88
77		University of South Carolina: Moore	US	106404	115	85
77	86	University of Rochester: Simon	US	115794	118	73
79	71	Vanderbilt University: Owen	US	122442	96	55
80	63	University of Strathclyde Business School	UK	98105	95	29
80	69	Boston College: Carroll	US	116433	90	78
82	71	Boston University: Questrom	US	119706	101	81
83	91	University of Illinois at Urbana-Champaign	US	105430	107	76
84	94	University of Iowa: Tippie	US	103916	130	98
85	98	University of Pittsburgh: Katz	US	104274	119	93
86	78	George Washington University	US	114340	97	89
87	90	Babson College: Olin	US	121312	89	8
88	71	University of Minnesota: Carlson	US	117567	88	97
89	83	Incae Business School	Costa Rica	90584	142	7
89	89	Pennsylvania State University: Smeal	US	109799	98	100
91	98	University of Edinburgh Business School	UK	102804	67	14
92	94	Grenoble Ecole de Management	France	101596	76	61
93		University of Texas at Dallas: Jindal	US	96900	109	90
94	88	Western University: Ivey	Canada	99142	74	74
95		Indian Institute of Management Calcutta – 1 Year Full Time MBA (PGPEX)	India	131519	93	9
95		Temple University: Fox	US	98464	103	96
97	80	Ipade Business School	Mexico	102093	180	6
97	92	Birmingham Business School	UK	99765	80	53
99		Vlerick Business School	Belgium	97960	72	69
100	93	Queen’s University: Smith	Canada	93102	85	92

(Image Source:Wikipedia.org)