HOW THE FINANCIAL TIMES RANKS MASTER’S IN MANAGEMENT PROGRAMS
To rank Master’s in Management programs, the FT weighs 19 different metrics, with the most emphasis placed on graduate pay that gets a 26% weighing for average salary three years after graduation and average increase in salary from a grad’s immediate salary vs. three years ago. That is a slight decrease from previous years because the methodology was modified this year to increase the importance of other metrics, including new assessments of the value of alumni networks which appeared to help London Business School which earned the highest scores for the value of its alumni network in the estimation of those who completed alumni surveys.
The ranking also attempts to measure the commitment by schools to set a net zero emissions target, publish a carbon audit report and teach sustainability-related topics in core courses. Lund University School of Economics and Management (Lusem) in Sweden was ranked first on ESG, followed by newcomer IESE Business School. SDA Bocconi ranked first for its combined score on the publication of a carbon emissions audit and a net zero emissions target, just ahead of IE Business School in Spain and BI Norwegian Business School, tied for second place.
Mostly, however, the methodology also puts a significant focus on the international dimensions of a program. A metric called “international work mobility rank” is given six percentage points, while international course experience is given an equal weight. Add in the weights given to a program for the number of international students in the program, as well as the international composition of the faculty and the program’s board (another 11 percentage points) and you understand why the vast majority of U.S. business schools opt out of this ranking. The methodology clearly favors schools in Europe where countries are generally no larger than many states in the U.S.
One reported metric that isn’t counted in the ranking may very well be the single most important: overall graduate satisfaction with their program and their degree. On this measurement, no school beats Tsinghua University in China which notched a 9.80 satisfaction rating on a scale of one-to-ten with ten being perfect. If you are skeptical of that extraordinarily high score on an alumni survey, especially one from Chinese students, the alumni of the University of St. Gallen’s program awarded that school a second-best 9.72 score. The European programs earning the highest levels of satisfaction after St. Gallen were Austria’s Vienna University of Economics and Business (9.65), Germany’s Otto Beisheim School of Management (9.53), and Britain’s London Business School (9.45). Some 41 of the Top 100 programs were given scores of 9.0 or above. The lowest ranked school for overall satisfaction, with a 7.63 score, was the MIM program at the University of British Columbia: Sauder.
The 2013 Financial Times Top 26-50 Masters In Management Programs
| 2023 Rank & School | Y-O-Y Change | 2022 Rank | Program | Location | Average Salary Three Years After Graduation | Employed At 3 Months |
|---|---|---|---|---|---|---|
| 26. Catolica Lisbon School of Business & Economics | +2 | 28 | International MSc in Management | Portugal | $78,629 | 90% |
| 27. Audencia | +20 | 47 | MSc in Management-Engineering | France | $92,008 | 100% |
| 28. Warwick Business School | -1 | 27 | MSc Management | U.K. | $72,979 | 95% |
| 29. Grenoble Ecole de Management | +8 | 37 | MSc Management in International Business | France | $78,629 | 90% |
| 30. Luiss University | +23 | 53 | Master in Management | Italy | $64,902 | 90% |
| 31. Trinity College Dublin | +8 | 39 | MSc in International Management | Ireland | $73,281 | 97% |
| 32. Ieseg School of Management | -6 | 26 | MSc in Management | France | $72,949 | 95% |
| 33. Excelia Business School | +3 | 36 | Master in Management | France | $77,457 | 98% |
| 34. HHL Leipzig Graduate School of Management | -15 | 19 | Master in Management | Germany | $129,051 | 95% |
| 35. University Carlos III de Madrid | ——– | NR | Master in Management | Spain | $63,377 | 74% |
| 36. ICN Business School | +21 | 57 | Master in Management | France | $64,641 | 100% |
| 37. Frankfurt School of Finance & Management | +1 | 38 | Master in Management | Germany | $109,270 | 88% |
| 37. TBS Education | +13 | 50 | Master in Management | France | $72,135 | 97% |
| 39. Hult International Business School | +2 | 41 | Master in International Management | U.S. | $80,854 | 89% |
| 40. SP Jain Institute of Management & Research | +4 | 44 | Post Graduate Diploma in Management | India | $131,024 | 100% |
| 41. Bayes Business School | +9 | 50 | MSc in Management | U.K. | $62,919 | 83% |
| 41. Singapore Management University | +28 | 69 | MSc in Management | Singapore | $83,409 | 73% |
| 43. Indian Institute of Management-Ahmedabad | ——– | NR | Post Graduate Program in Management | India | $137,919 | 100% |
| 44. EADA Business School Barcelona | -11 | 33 | Master in International Management | Spain | $77,692 | 100% |
| 44. Lund University School of Economics & Management | +13 | 57 | MSc in International Strategic Management | Sweden | $68,739 | 100% |
| 46. Hanken School of Economics | +16 | 62 | MSc in Economics & Business Administration | Finland | $65,492 | 95% |
| 46. University of Cologne | +8 | 54 | Master of International Management | Germany | $105,676 | 83% |
| 48. Kedge Business School | ——– | NR | Master in Management | France | $70,292 | 96% |
| 49. University of Sydney Business School | +1 | 50 | Master in Management | Australia | $72,214 | 91% |
| 50. ZHAW School of Management & Law | +18 | 68 | MSc in International Business | Switzerland | $85,307 | 100% |
DON’T MISS: MEET THE MASTERS IN MANAGEMENT or THE TOP MASTERS IN MANAGEMENT PROGRAMS IN THE U.S.
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