Stanford Tops FT Global MBA Ranking 2018

Stanford Graduate School of Business has grabbed the number 1 rank pushing INSEAD to the 2^nd spot in the Financial Times (FT) Global MBA Ranking 2018.

Significantly, the 2-year full-time MBA programs that seemed to have been on the way out in comparison with the shorter 1-year full-time MBA, has made a strong comeback in this year’s rankings. With the exception of INSEAD that had been at the top in the rankings for two years in succession, all the nine ranks in the top 10 are 2-year programs.

The FT ranking is for individual programs, including the 1 Year MBA of each B-Schools and not B-Schools ranking.

While Wharton School at the University of Pennsylvania retains its 3^rd rank, London Business School (LBS) moves up to the 4^th place after dropping to 6^th rank in 2017. Harvard Business School (HBS) is in the 5^th spot, down one place from the previous year. This is Harvard’s lowest rank since 2008.

The FT ranking is for individual programs, including the 1 Year MBA of each B-Schools and not B-Schools ranking.

The University of Chicago Booth is ranked 6^th, followed by Colombia Business School in the 7^th rank, Ceibs 8th, MIT Sloan 9^th and University of California Berkeley Haas in the 10^th rank.

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Meanwhile, the Indian School of Business (ISB) slipped to 28 while IIM-Ahmedabad, which was at 29th position last year, dropped to 31. However, IIM-Bangalore climbed to 35^th ran from 49^th in the previous year. IIM-Calcutta too improved its position to rank 78th from 95^th in 2017, sharing the honours with McGill University Desautels, Canada.

However, it was Jones Graduate School of Business at Rice University in Houston that made the biggest jump, climbing 19 places to 45.

FT says Stanford has become number one after a gap of six years. Its alumni managed to get a significant salary boost, up nearly $20,000 to $214,000. This is the highest average salary (not adjusted for inflation) since the inaugural ranking in 1999.

The school also got a boost for its focus on personal development. More than a quarter of the latest graduating cohort went for an internship abroad, the highest among ranked US schools, where the average is just 4%. The school ranks 32 overall for international course experience.

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While graduates of the class of 2014 at Harvard and LBS managed to draw higher average salaries three years on than the previous cohort (up by about $14,000 to $192,000 and $168,000 respectively, their research ranks dropped significantly, from 3^rd to 16^th for Harvard and 12 to 27 for LBS.

Among the Asian schools, the Shanghai-based Ceibs was the highest ranked in the 8^th spot. The National University of Singapore Business School also climbed eight places to 18. Renmin University of China School of Business was at 39, up four places from 2015. Lee Kong Chian School of Business became the third-ranked school from Singapore and the highest new entrant at 49.

Graduates of the class of 2013 from Jones Graduate School of Business at Rice University managed an average salary of $139,000, up $8,000 compared with the previous cohort. The salary rise from pre-MBA levels also increased by 21 percentage points to 118%.

Lancaster University Management School had the biggest fall, dropping 28 places to 70. The graduates from the class of 2014 saw a drop in salary,  down $10,000 to $104,000, three years after graduation.

Financial Times 2018 Global MBA Ranking – The Top 100 Programmes

Rank in 2018	Rank in 2017	3 year average rank	School name	Country	Salary today (US$)	Salary percentage increase
1	2	3	Stanford Graduate School of Business	US	213236	114
2	1	1	Insead	France / Singapore	177101	105
3	3	3	University of Pennsylvania: Wharton	US	191150	96
4	6	4	London Business School	UK	167651	109
5	4	4	Harvard Business School	US	189375	102
6	9	8	University of Chicago: Booth	US	177001	118
7	7	7	Columbia Business School	US	177500	103
8	11	12	Ceibs	China	164893	168
9	13	10	MIT: Sloan	US	173214	98
10	13	10	University of California at Berkeley: Haas	US	172271	104
11	10	12	Iese Business School	Spain	148390	126
12	12	12	Northwestern University: Kellogg	US	168818	103
13	5	9	University of Cambridge: Judge	UK	163798	100
14	15	14	HKUST Business School	China	157998	112
15	15	16	Yale School of Management	US	167691	114
16	18	19	Dartmouth College: Tuck	US	172735	110
17	27	25	Cornell University: Johnson	US	160042	123
18	26	25	National University of Singapore Business School	Singapore	144077	134
19	24	21	Duke University: Fuqua	US	156779	101
20	17	20	Esade Business School	Spain	145351	119
21	20	19	HEC Paris	France	133932	105
22	24	25	Nanyang Business School	Singapore	132288	125
23	19	20	New York University: Stern	US	154163	107
24	21	19	IMD	Switzerland	157640	79
25	32	30	UCLA: Anderson	US	158866	107
26	23	23	University of Michigan: Ross	US	154151	114
27	33	29	University of Oxford: Saïd	UK	146590	99
28	27	28	Indian School of Business	India	149142	164
29	22	25	SDA Bocconi	Italy	120151	117
30	40	38	Georgetown University: McDonough	US	142606	113
31	29	28	Indian Institute of Management Ahmedabad	India	175801	101
32	35	31	University of Virginia: Darden	US	152196	110
33	39	39	University of Hong Kong	China	128245	121
34	34	36	Shanghai Jiao Tong University: Antai	China	121635	182
35	49	49	Indian Institute of Management Bangalore	India	166651	114
36	30	35	Alliance Manchester Business School	UK	123484	98
37	31	37	Rotterdam School of Management, Erasmus University	Netherlands	122580	88
37	43	40	University of North Carolina: Kenan-Flagler	US	137766	116
39			Renmin University of China School of Business	China	99461	173
40	38	37	Carnegie Mellon: Tepper	US	143715	108
41	44	44	Warwick Business School	UK	110264	77
42			Fudan University School of Management	China	103032	175
43	36	35	CUHK Business School	China	122866	108
44	46	46	University of Texas at Austin: McCombs	US	149188	98
45	64	54	Rice University: Jones	US	136065	118
46	37	40	City University: Cass	UK	123201	80
47	51	51	Emory University: Goizueta	US	142663	114
48	41	46	University of Washington: Foster	US	132391	94
49			Singapore Management University: Lee Kong Chian	Singapore	112173	134
50	68	66	Washington University: Olin	US	122111	107
51	57		Arizona State University: Carey	US	114470	129
51	45	44	Imperial College Business School	UK	118324	68
51	54	58	Sungkyunkwan University GSB	S Korea	113701	93
54	61	62	Georgia Institute of Technology: Scheller	US	131544	140
55	69		Purdue University: Krannert	US	122704	119
55	52	53	University of Maryland: Smith	US	121018	99
57	47	53	Indiana University: Kelley	US	126320	114
58			University of Florida: Hough	US	105743	147
59	48	53	University of Southern California: Marshall	US	136348	95
60	59	60	University of St Gallen	Switzerland	115879	64
61	54	55	Mannheim Business School	Germany	118260	68
61	53	57	Cranfield School of Management	UK	122184	72
63	54	61	AGSM at UNSW Business School	Australia	115909	59
64	62	61	University of California at Irvine: Merage	US	120245	114
64	75	68	Durham University Business School	UK	104306	118
66	76	76	Melbourne Business School	Australia	108224	78
67	80	72	Boston College: Carroll	US	130706	101
68	63	69	Ohio State University: Fisher	US	117631	130
68	65	71	Brigham Young University: Marriott	US	130450	131
70	42	49	Lancaster University Management School	UK	104106	95
71	65	68	Wisconsin School of Business	US	125786	107
72	58	65	Michigan State University: Broad	US	109486	135
73	79	74	Vanderbilt University: Owen	US	127483	109
73	91	87	University of Edinburgh Business School	UK	113420	79
75	74	78	Edhec Business School	France	107505	79
75	89	84	Pennsylvania State University: Smeal	US	119673	119
77	60	71	University of Notre Dame: Mendoza	US	126025	117
78	95		Indian Institute of Management Calcutta	India	139244	117
78			McGill University: Desautels	Canada	99204	86
80	70	63	The Lisbon MBA	Portugal	113470	75
81	87	86	Babson College: Olin	US	131627	99
82	85	88	University of Pittsburgh: Katz	US	105732	133
83	77	82	University of Rochester: Simon	US	119341	125
84			University of Connecticut School of Business	US	116530	118
85	88	81	University of Minnesota: Carlson	US	117480	91
86	65	70	University of Toronto: Rotman	Canada	97446	77
86	82	80	Boston University: Questrom	US	123221	103
88	70	74	ESMT Berlin	Germany	106581	57
89	70		Rutgers Business School	US	118144	112
90	94	91	Western University: Ivey	Canada	104894	74
91			SMU: Cox	US	122962	104
92			Leeds University Business School	UK	100049	92
93	93		University of Texas at Dallas: Jindal	US	97708	108
94			WHU Beisheim	Germany	112794	54
94	70	81	University College Dublin: Smurfit	Ireland	102643	63
96			Essec Business School	France	102201	48
97			University of San Diego School of Business Administration	US	103952	109
98	80	80	University of Strathclyde Business School	UK	91814	86
99			EMLyon Business School	France	92517	59
100			Copenhagen Business School	Denmark	91807	44
100			University of Bath School of Management	UK	93461	66