FT Global MBA Ranking 2016: London Business School retains UK top spot

Insead beats Harvard Business School into second place as US continues to dominate the top 10

January 26, 2016
London Business School campus

London Business School (LBS) remains the UK’s highest-ranked institution in the Financial Times’ Global MBA Rankings, despite having dropped a place to third in the 2016 list.

Insead – which has campuses in France, Singapore and Abu Dhabi – climbed three places to knock Harvard Business School off the top spot. It is the first time since 2012 that the Boston institution has not been number one. The University of Pennsylvania’s Wharton School and Stanford Graduate Business School make up the rest of the top five.

In a lean year for UK business schools, the only other representative in the top 20 was the University of Cambridge’s Judge Business School, which rose three places from 13 to enter the top 10.

The next best placed UK institution was the Said Business School at the University of Oxford, which remained in the top 30, having dropped from 22 to 28. 

The table is based on a number of criteria, but alumni salaries carry the most importance with weighted salary and salary increase accounting for 40 per cent of the overall ranking.

At LBS, the average alumnus earns $154,150 (£107,950), when adjusted for variations between sectors, three years after graduation. Although this is the lowest average salary of all the schools in the top 10, LBS graduates enjoy a salary increase of 100 per cent on their previous earnings. This is only bettered by the University of Chicago’s Booth Business School (107 per cent) in the top 10.

Julia Tyler, associate dean of degree programmes at London Business School, said that the institution was “pleased to maintain its top three position in the rankings” and to “remain the highest-ranked UK programme”.

“Our MBA has been in the top 10 since the rankings began, demonstrating its enduring leadership in a highly competitive and increasingly international environment,” she said.

The US continued its dominance in the ranking, claiming seven of the top 10 spots.

Rank in 2016 Rank in 2015 School name Country Weighted salary ($) Salary increase (%)
1 4 Insead France/Singapore 166,510 96
2 1 Harvard Business School US 172,501 94
3 2 London Business School UK 154,150 100
4 3 University of Pennsylvania: Wharton US 177,877 84
5 4 Stanford Graduate School of Business US 185,939 87
6 6 Columbia Business School US 169,866 99
7 10 University of California at Berkeley: Haas US 169,395 93
8 9 University of Chicago: Booth US 158,259 107
9 8 MIT: Sloan US 159,909 90
10 13 University of Cambridge: Judge UK 156,323 95
11 14 Northwestern University: Kellogg US 162,923 93
12 12 IE Business School Spain 159,266 104
13 20 IMD Switzerland 157,439 83
14 14 HKUST Business School China 144,303 114
15 16 HEC Paris France 134,299 108
16 7 Iese Business School Spain 140,185 121
17 11 Ceibs China 147,716 157
18 17 Yale School of Management US 152,232 108
19 18 New York University: Stern US 150,510 97
20 24 University of Michigan: Ross US 144,961 107
21 21 Duke University: Fuqua US 144,455 94
22 23 Dartmouth College: Tuck US 156,652 95
23 19 Esade Business School Spain 132,119 117
24 26 Indian Institute of Management, Ahmedabad India 174,274 96
25 26 SDA Bocconi Italy 122,955 116
26 30 CUHK Business School China 124,268 120
27 32 University of Virginia: Darden US 147,104 109
28 22 University of Oxford: Saïd UK 136,959 81
29 33 Indian School of Business India 138,454 142
29 40 Nanyang Business School Singapore 119,032 105
31 28 Cornell University: Johnson US 142,764 102
32 31 National University of Singapore Business School Singapore 115,148 121
33 36 Carnegie Mellon: Tepper US 136,996 108
34 25 UCLA: Anderson US 140,067 89
35 34 Imperial College Business School UK 112,301 83
35 50 Lancaster University Management School UK 106,638 111
37 45 City University: Cass UK 121,402 82
38 35 Alliance Manchester Business School UK 117,918 96
39 55 Shanghai Jiao Tong University: Antai China 113,340 168
40 36 The Lisbon MBA Portugal 123,584 100
41 39 University of North Carolina: Kenan-Flagler US 128,240 97
42 45 Rotterdam School of Management, Erasmus University Netherlands 107,998 81
43 - Renmin University of China School of Business China 94,233 163
44 28 University of Hong Kong China 112,518 106
44 42 Georgetown University: McDonough US 130,950 95
46 38 Warwick Business School UK 112,287 70
47 55 Fudan University School of Management China 96,884 170
47 40 University of Texas at Austin: McCombs US 134,317 92
49 55 Mannheim Business School Germany 109,622 79
49 51 University of Washington: Foster US 120,279 87
51 49 University of Maryland: Smith US 109,982 97

View last year’s table

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