FT Global MBA Ranking 2015: Harvard retains No. 1 position
Updated on Feb 27, 2015 - 4:25 p.m. IST by None
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Harvard Business School
retains top position in the FT Global MBA Ranking 2015. London Business School and University of Pennsylvania: Wharton came second and third respectively. With seven B-Schools, the US dominates top 10 of the table. The other B-Schools in top 10 are London Business Schooland INSEAD, France/Singapore and IESE Business School, Spain. China emerged as a major achiever with many of its institutes climbing up the ranking ladder. CEIBS moved up from 17th position in 2014 to 11th position in 2015. CUHK Business School is the new entrant in the global ranking at 30th position. Shanghai Jiao Tong University: Antai climbed up from 77th position in 2014 to 55th position in 2015.

 

India also has reasons to celebrate as three premiere institutes- Indian Institute of Management Ahmedabad (IIM-A), Indian School of Business (ISB) Hyderabad and Indian Institute of Management Bangalore (IIM-B) found place in the top 100 B-Schools in the world. IIM-A climbed from 30th rank in 2014 to 26th rank in 2015 and ISB moved up from 36th rank in 2014 to 33rd rank in 2015. However, IIM-B slipped to 82nd rank in 2015 from 68th rank in 2014.

FT Global MBA ranking methodology

The criteria used to select business schools for ranking are:

  • The institute must be accredited by AACSB or Equis

  • The institute must have been operating for at least four years

  • The institute must have graduated its first class at least three years before the ranking publishing date

The exchange rates used in salary calculations are the Purchasing Power Parity (PPP) rates published by the International Monetary Fund, which considers the cost of living of the country where the currency is used. The salary data of each country is converted to US$ equivalents.  

Table 1: Comparison of salary today, salary percentage increase, placement success rank and international faculty percentage

Rank

School name

Country

Salary today (US$)

Salary percentage increase

Placement success rank

International faculty (%)

1

Harvard Business School

US

180,183

96

33

39

2

London Business School

UK

155,754

97

28

85

3

University of Pennsylvania: Wharton

US

172,699

90

40

37

4

Stanford Graduate School of Business

US

178,929

80

15

38

4

INSEAD

France / Singapore

155,546

86

51

90

6

Columbia Business School

US

170,849

106

20

61

7

IESE Business School

Spain

144,782

121

59

60

8

MIT: Sloan

US

157,360

97

26

36

9

University of Chicago: Booth

US

162,791

97

1

37

10

University of California at Berkeley: Haas

US

159,140

88

10

47

The Salary Today is calculated by taking the average alumni salary three years after graduation. The salary increase percentage is calculated by taking the average difference in alumni before doing his/her MBA and now. Half of this figure is calculated according to the absolute salary increase and half according to the percentage increase relative to pre-MBA salary. The placement success assesses the role and effectiveness of the placement cells in the B-Schools in helping the students to get a job. The rank is given on the basis of the data of current year and one or two preceding years where available. The percentage of international faculty is calculated on the basis of the citizenship and the percentage of faculty whose citizenship is different from their country of employment.

For salary today, the Harvard Business School tops the list with $180,183 and IESE Business School has the maximum percentage of salary increase. While University of Chicago: Booth comes first in placement success rank, London Business School has highest number of international faculty among the top ten business schools.

 

Top 100 B-Schools 2015

Rank

School name

Country

1

Harvard Business School

United States

2

London Business School

United Kingdom

3

University of Pennsylvania: Wharton

United States

4

Stanford Graduate School of Business

United States

4

INSEAD

France / Singapore

6

Columbia Business School

United States

7

IESE Business School

Spain

8

MIT: Sloan

United States

9

University of Chicago: Booth

United States

10

University of California at Berkeley: Haas

United States

11

China Europe International Business School (CEIBS)

China

12

IE Business School

Spain

13

University of Cambridge: Judge

United Kingdom

14

HKUST Business School

China

14

Northwestern University: Kellogg

United States

16

HEC Paris

France

17

Yale School of Management

United States

18

New York University: Stern

United States

19

ESADE Business School

Spain

20

IMD

Switzerland

21

Duke University: Fuqua

United States

22

University of Oxford: SAID

United Kingdom

23

Dartmouth College: Tuck

United States

24

University of Michigan: Ross

United States

25

UCLA: Anderson

United States

26

Indian Institute of Management, Ahmedabad

India

26

SDA Bocconi

Italy

28

Cornell University: Johnson

United States

28

University of Hong Kong

China

30

CUHK Business School

China

31

National University of Singapore Business School

Singapore

32

University of Virginia: Darden

United States

33

Indian School of Business (ISB)

India

34

Imperial College Business School

United Kingdom

35

Manchester Business School

United Kingdom

36

Carnegie Mellon: Tepper

United States

36

The Lisbon MBA

Portugal

38

Warwick Business School

United Kingdom

39

University of North Carolina: Kenan-Flagler

United States

40

Nanyang Business School

Singapore

40

University of Texas at Austin: McCombs

United States

42

Georgetown University: McDonough

United States

43

Rice University: Jones

United States

43

University of California at Irvine: Merage

United States

45

Rotterdam School of Management, Erasmus University

Netherlands

45

City University: Cass

United Kingdom

45

Cranfield School of Management

United Kingdom

48

Purdue University: Krannert

United States

49

University of Maryland: Smith

United States

50

Lancaster University Management School

United Kingdom

51

University of Washington: Foster

United States

52

University of Cape Town GSB

South Africa

53

University of Toronto: Rotman

Canada

54

Michigan State University: Broad

United States

55

Shanghai Jiao Tong University: Antai

China

55

Mannheim Business School

Germany

55

Fudan University School of Management

China

58

University of Southern California: Marshall

United States

59

Emory University: Goizueta

United States

59

Sungkyunkwan University GSB

South Korea

61

Vanderbilt University: Owen

United States

62

Indiana University: Kelley

United States

63

ESMT - European School of Management and Technology

Germany

63

University of Iowa: Tippie

United States

65

Georgia Institute of Technology: Scheller

United States

66

University of San Diego School of Business Administration

United States

67

University of St Gallen

Switzerland

68

Macquarie Graduate School of Management

Australia

69

Ohio State University: Fisher

United States

70

Wisconsin School of Business

United States

71

University of Illinois at Urbana-Champaign

United States

72

Washington University: Olin

United States

73

University College Dublin: Smurfit

Ireland

73

Babson College: Olin

United States

75

AGSM at UNSW Business School

Australia

76

SMU: Cox

United States

76

Arizona State University: Carey

United States

78

Boston University School of Management

United States

79

Durham University Business School

United Kingdom

80

University of Strathclyde Business School

United Kingdom

81

University of British Columbia: Sauder

Canada

82

Indian Institute of Management, Bangalore

India

83

University of Minnesota: Carlson

United States

84

University of Bath School of Management

United Kingdom

85

University of Rochester: Simon

United States

86

Queen's School of Business

Canada

86

University of Alberta

Canada

86

Pennsylvania State University: Smeal

United States

89

University of Notre Dame: Mendoza

United States

90

Melbourne Business School

Australia

90

Boston College: Carroll

United States

90

George Washington University

United States

93

University of California, San Diego: Rady

United States

94

Vlerick Business School

Belgium

95

Birmingham Business School

United Kingdom

96

University of South Carolina: Moore

United States

97

University of Pittsburgh: Katz

United States

97

Tias Business School

Netherlands

97

Western University: Ivey

Canada

100

McGill University: Desautels

Canada

Also read:

QS World Ranking 2014: Top 100 universities in World
Study abroad: The exposure you need
World University Ranking 2014

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