The FT Global MBA Rankings 2017: top 50 colleges

Cambridge University’s first appearance in the top five represents significant progress for the school

January 30 2017
University of Cambridge Business School

The University of Cambridge has dislodged London Business School (LBS) as the highest-ranked UK institution in the Financial Times’ Global MBA Rankings.

Cambridge’s Judge Business School (CJBS) rose five places to fifth in the rankings, while LBS dropped three places to sixth. It is the first time that LBS has not been the UK’s top-ranked institution and it is Cambridge’s first appearance in the top five.

For the second year in succession, Insead held on to the number one spot with Stanford University’s Graduate School of Business in second place. The University of Pennsylvania’s Wharton School came third. In another year of upheaval, Harvard Business School slipped again, falling two places to fourth. The Massachusetts Institute of Technology’s Sloan School of Management – a historical heavyweight in the rankings – dropped out of the top 10 for the first time in a decade.

While the US continued to have strong representation in the top 10 – with half the ranked schools – its supremacy has decreased marginally in the upper tier. In the preceding two years, 70 per cent of the institutions in the top 10 were from the US.

Urs Peyer, dean of degree programmes at Insead, said that the institution was “humbled” to be ranked first again.

“Bringing together talented people from all over the world creates a unique learning and networking environment,” he said. “It is inspiring to see that the success of our alumni and impact of our research led to this outstanding result.”

CJBS’s rise in the rankings represents significant progress. As little as five years ago, the school was comfortably outside the top 20, in 26th place. While alumni may have only the 12th-highest average salary three years after graduation, at $164,000 (£131,180), graduates can expect to see an average salary increase of 107 per cent, which compares favourably with the schools ranked above it.

Christoph Loch, dean of the school, said that the ranking “reconfirms the determined focus on quality in our MBA programme – the quality of our students, their education, and the services and experience provided”.

“Yet while surveys are useful, they do not define our mission and strategy – which is to create a truly transformational experience for students, enabling and encouraging them to pursue careers that they can proudly look back on in 30 years and feel they have made a positive difference to their communities and the world,” he said. “Every year, I tell new students to ‘go out and do something extraordinary’.”

In response to ceding the top spot for UK schools, Gareth Howells, executive director of the MBA and master’s in finance at LBS, said that the institution was “extremely proud” of its programme.

He added that the FT’s rankings, which are based on 20 different criteria, have a “primary focus” on salary after graduation, while just over a fifth of 2016 LBS graduates went into technology start-ups.

“A number of our students choose the entrepreneurial route,” he added. “Our primary focus is on ensuring that our world-class, highly recommended MBA, allows our students to achieve their aims to work in a full range of sectors.”

The Financial Times’ Global MBA Rankings 2017 results: top 50

Rank in 2017 Rank in 2016 Three-year average rank School name Country Weighted salary ($) Salary percentage increase
1 1 2 Insead France / Singapore 167,657 95
2 5 4 Stanford Graduate School of Business US 195,322 93
3 4 3 University of Pennsylvania: Wharton US 181,634 92
4 2 2 Harvard Business School US 178,113 97
5 10 9 University of Cambridge: Judge UK 164,462 107
6 3 4 London Business School UK 154,567 92
7 6 6 Columbia Business School US 172,624 103
8 12 11 IE Business School Spain 168,923 108
9 8 9 University of Chicago: Booth US 168,200 110
10 16 11 Iese Business School Spain 147,596 133
11 17 13 Ceibs China 159,870 155
12 11 12 Northwestern University: Kellogg US 164,326 96
=13 9 10 MIT: Sloan US 165,716 88
=13 7 10 University of California at Berkeley: Haas US 168,163 94
=15 14 14 HKUST Business School China 149,538 103
=15 18 17 Yale School of Management US 158,206 110
17 23 20 Esade Business School Spain 146,127 116
18 22 21 Dartmouth College: Tuck US 165,414 105
19 19 19 New York University: Stern US 150,859 102
20 15 17 HEC Paris France 132,073 99
21 13 18 IMD Switzerland 154,511 81
22 25 24 SDA Bocconi Italy 129,064 120
23 20 22 University of Michigan: Ross US 149,728 105
=24 21 22 Duke University: Fuqua US 150,212 96
=24 29 31 Nanyang Business School Singapore 126,218 138
26 32 30 National University of Singapore Business School Singapore 131,760 136
=27 31 29 Cornell University: Johnson US 150,531 115
=27 29 30 Indian School of Business India 145,453 160
29 24 26 Indian Institute of Management Ahmedabad India 181,863 105
30 38 34 Alliance Manchester Business School UK 130,535 108
31 42 39 Rotterdam School of Management, Erasmus University Netherlands 120,625 98
32 34 30 UCLA: Anderson US 149,608 98
33 28 28 University of Oxford: Said UK 139,235 87
34 39 43 Shanghai Jiao Tong University: Antai China 123,330 172
35 27 31 University of Virginia: Darden US 148,358 111
36 26 31 CUHK Business School China 121,193 119
37 37 40 City University: Cass UK 127,110 85
38 33 36 Carnegie Mellon: Tepper US 136,576 104
39 44 37 University of Hong Kong China 123,546 109
40 44 42 Georgetown University: McDonough US 135,711 105
41 49 47 University of Washington: Foster US 130,042 97
42 35 42 Lancaster University Management School UK 114,220 101
43 41 41 University of North Carolina: Kenan-Flagler US 131,250 105
44 46 43 Warwick Business School UK 112,702 74
45 35 38 Imperial College Business School UK 112,865 72
46 47 44 University of Texas at Austin: McCombs US 137,944 95
47 54 54 Indiana University: Kelley US 127,346 103
48 52 53 University of Southern California: Marshall US 135,199 95
=49 56 58 Macquarie Graduate School of Management Australia 131,488 75
=49 62 64 Indian Institute of Management Bangalore India 152,000 96

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