Global MBA Ranking 2023: Change at the top
US Business Schools, conducted for the first time Columbia in New York, dominate the top of the FT Global MBA Ranking in its 25th year.
Of the top 18 of the 100 business schools ranked in 2023, 13 are located in the US, inclusive Harvard, Stanford And Berkeley. Two top schools are located in France: Instead of thissecond and HEC Paris. One school – third place Yes — located in Spain; one, SDA Bocconi, is in Italy; and another London Business Schoolis in the UK.
The US dominates in part because the rating is results-focused, places significant weight on salary levels, and increases three years after completing the MBA. Twelve of the 14 highest-paying MBAs are from US business schools, led by Stanford, with an average weighted alumni salary of $248,669.
However, in this year’s ranking – which includes methodological changes after extensive consultation – the weighting of salaries has been reduced from two-fifths to less than one-third, while greater consideration has been given to diversity and sustainability. The MBA ranking was first published in 1999, as former business education editor Della Bradshaw recalls here.
Global MBA Ranking 2023
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University of Massachusetts Amherst: Isenberg Top value for money, partly a proxy for social mobility after accounting for student finance, with salaries three years after graduation averaging 188 percent higher than before graduation.
The University of Virginia: Darden has been ranked top for its efforts to reduce its carbon footprint, judged after a new assessment based on the goal of achieving net-zero carbon emissions and the existence of a publicly available carbon emissions audit report included in the was created in the last three years. SDA Bocconi School of Management and IE Business School were joint second in the category.
IE, followed by Iese, both in Spain, ranked best in terms of the extent to which core courses included environmental, social and governance topics, including exploring climate solutions that can help organizations achieve net zero.
In a new level of diversity in the rankings, AGSM at UNSW Business School in Australia ranked first for the range of industries in which alumni worked before earning their MBA degree, followed by Essec Business School in France.
Only ESCP Business School, which has campuses in France, Italy, Spain, the UK and Germany, achieved student gender parity, with only 10 schools out of the 100 in the ranking having more women than men. No school achieved gender parity among teachers, although IE in Spain reached 49 percent women.
The International Institute for Management Development (IMD) in Switzerland had the highest proportion of foreign teachers at 98 percent, followed by Imperial College Business School in the UK at 96 percent.
Cornell University: Johnson was ranked first for the value of its alumni networks – another new category – followed by the University of Florida: Warringtonwhile Stanford Graduate School of Business came with common lace Michigan State University: Wide for alumni evaluations of goals achieved.
Harvard led the rank for research, measured in part by the highest number of its faculty’s papers published in the FT50 list of leading journals, followed by Columbia Business School in New York.
https://www.ft.com/content/2e855879-d542-43cb-a2dd-8e704725487a Global MBA Ranking 2023: Change at the top