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Global MBA Ranking 2013

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Rank '13
Rank '12
Rank '11
3 yr. rank
School name
Country
Audit year[1]
Sal today ($)[2]
Weighted sal. ($)[3]
Salary inc. (%)[4]
Value[5]
Careers[6]
Aims achieved[7]
Placements[8]
Employment[9]
Recommends[10]
Female faculty (%)[11]
Female students (%)[12]
Female board (%)[13]
Int. faculty[14]
Int. students[15]
Int. board[16]
Int. mobility[17]
Int. course[18]
Languages[19]
PhD Faculty[20]
PhD rank[21]
Research[22]
123021Harvard Business SchoolUS2013187,4329,556187,2238,974121177135817722589 (100)4124404940243924043115800922201
214021Stanford Graduate School of BusinessUS2010195,5533,896194,6452,46611514946215117388 (99)421835174234242315621900971416
331020University of Pennsylvania: WhartonUS2013186,2109,911180,7728,419121195342635430692 (95)73224211374380511240034001000302
441031London Business SchoolFeatured business schoolUK2010162,5707,787160,9888,0071241065410011251392 (96)14243326863944744211010990231113
557060Columbia Business SchoolUS2009179,5687,921174,3477,85012389610246492329892 (93)17153711601450361494560098116312
664050InseadFrance / Singapore2009154,79810,376153,9929,63796113618325446586 (96)2814312291195378811152095213223
799082Iese Business SchoolSpain2009147,49512,193146,04912,1611417660609137795 (99)21821202756580083493610100069455
8106080Hong Kong UST Business SchoolChina2011132,6855,085132,6855,08515391218481141774395 (93)63722352350176268025104101000331025
979080MIT: SloanUS2009160,8102,727160,4143,0771173931146273724285 (97)752133113305015644843200100036204
1012120110University of Chicago: BoothUS2012164,67810,229162,3639,77810819816311813092 (98)391635133434043826145200971736
1188092IE Business SchoolFeatured business schoolSpain2009152,471344157,05439611722182906922901592 (91)0283329245518928103013810950442575
1214250175University of California at Berkeley: HaasUS2012152,1578,222151,9525,14198782124119311810193 (100)21023321244039381451033001000603
1316210173Northwestern University: KelloggUS2008160,74614,610161,26915,435993100033131264291 (96)36243594053817160171800913959
1420150161Yale School of ManagementUS2013159,64716,245159,37016,91511868073214132486 (97)517203528351137228167374800100343019
1524170192CeibsChina2011132,5068,407131,3628,30415772425819512369795 (100)1321233177074215003831410980n/a066
1619180181Dartmouth College: TuckUS2013159,4796,227156,7655,5831176878537817993 (100)112223421228393301170743001000n/a019
1626260231University of Cambridge: JudgeFeatured business schoolUK2012145,94813,779145,16912,41198281412206563697 (100)15471129166699544211165460098230555
1815200180Duke University: FuquaUS2012144,2276,207145,1475,7421080921521126114790 (100)2141633104414810400678360010002024
1913140151IMDSwitzerland2009143,0493,405147,3803,335651311470211090 (99)1161728189809928231042101000n/a075
1917150172New York University: SternUS2008146,69011,456144,58610,49310699924017856021790 (95)1131637952437115151535001000536
2118180191HEC ParisFrance2008124,5243,932123,5712,5101092406381314980689 (88)1262836146238616421311310100052347
2233210251Esade Business SchoolFeatured business schoolSpain2009127,50012,529126,69911,71111834223220349492 (90)033273525324958811012281091359594
2332310293UCLA: AndersonUS2012147,74012,717147,12510,79411577113372243434586 (96)0241534204583311218925300100037025
2420270243University of Oxford: SaïdFeatured business schoolUK2013136,8881,997136,6091,8049513171174542584490 (85)534152736627941511314254001003613449
2424300264Cornell University: JohnsonUS2012150,7226,697147,7996,072112486650421719490 (97)52322322337529102846434500943402325
261111016Indian Institute of Management, AhmedabadIndia2011171,1883,888171,1883,888110303451091123695 (99)111137151216003778100981641294
2728--CUHK Business SchoolChina2011103,4233,015103,4233,015153727121612847541387 (97)76620362955274517571265200097162542
2827580384Warwick Business SchoolUK2010120,1111,960120,1111,96089535495730553894 (92)140343312611965122155411098114555
2931290303Manchester Business SchoolUK2010116,394622114,7692,2471115480311431562488 (87)74432352337090115113515009011084
3029240281University of Michigan: RossUS2008141,34512,756140,19510,54697491147225631412781 (99)51525302034137470551364008841179
3137--University of Hong KongChina2013114,1197,399114,1197,399114744115717503542772 (100)20703249203017680404019621197051361
3234330332Nanyang Business SchoolSingapore2011102,683333102,68333313237192810905671392 (87)263354321650863581242371096063261
3330360333Rotterdam School of Management, Erasmus UniversityNetherlands2011105,0881,596105,5461,918103112918345233172681 (87)1054193329381971263416310100019725
3420130227Indian School of BusinessIndia2011123,0945,704123,4706,042152254933017325312100 (100)021202862323259246882001000n/a075
3538410381University of Virginia: DardenUS2009143,9887,660142,6577,721110184965122975791 (99)120223520131333126797660097286649
362323027National University of Singapore Business SchoolSingapore201294,7423,68894,3403,28515233199672748271494 (97)545323514601891290633100896782365
3745440422Rice University: JonesUS2008122,7884,171122,8324,2151341761983932915494 (100)2512429182633510408139500930n/a023
3836340364Cranfield School of ManagementFeatured business schoolUK2013123,5001,230127,9112,715880206113305361783 (90)941323221463823344212701091550991
3942280360SDA BocconiItaly2008112,8829,609112,6739,819111923247968661175 (91)6593632332927211670282170089022266
4038320370City University: CassFeatured business schoolUK2012117,1955,643117,1955,643851339476017401890 (94)26825253367592442123254700941391166
4043380400Georgetown University: McDonoughUS2010130,1796,227130,6767,3861052859518553339489 (99)13525331335340217287650001000n/a037
4246370424Imperial College Business SchoolUK2013107,0322,413107,0322,413841025131541625761384 (97)956283838833874500349850092238837
4335410403Carnegie Mellon: TepperUS2009130,7642,484131,2941,03110098928426132711790 (95)22220271141240060886760095127837
4457460493University of Illinois at Urbana-ChampaignUS2010115,4939,767115,4939,767113458159291530731484 (100)67321342316252112054259200100126242
4556620541University of North Carolina: Kenan-FlaglerUS2011123,2295,818123,0044,04598681168813471501884 (100)1252329133333953547874400911341019
4644460450University of Toronto: RotmanCanada201097,7321,05397,6523,3979110598863671091182 (89)3272531417434855304126800980879
4651490492University of Texas at Austin: McCombsUS2010128,0967,085128,7117,5419128316661564331893 (95)41925311228126220994750089315618
4841350414Australian Graduate School of Management (AGSM)Australia2011118,050893118,0508938194311273344791089 (98)3722033154811791250225230095075775
4940380425Emory University: GoizuetaUS2010124,017795124,9188610477957493628331196 (100)23922241917238440711550094065942
5058400492University of Maryland: SmithUS2010112,5523,177112,5523,1779207013771622770288 (100)66129271136745923196677400970171815
5166--Sungkyunkwan University GSBSouth Korea2013106,8646,085106,8646,085861655126223365827100 (100)393293329433361479033222011000n/a090
5259490531York University: SchulichCanada200992,7576,17093,2074,924991396951087099287 (92)236293720634776562351300099077229
5361510551Vanderbilt University: OwenUS2009119,8815,519119,1784,9139839012432339635487 (98)45510356263233309409100100080237
5461--Washington University: OlinUS2010109,1282,441109,1192,45197888681168020521596 (98)275193412383332226518650099183415
5446730581Indiana University: KelleyUS2012111,251699112,9322851117621790752369589 (100)13126301726438232804570077154429
5481530636University of California at Irvine: MerageUS2011107,5828,249107,5828,2499617369918231513294 (100)284404319274518525915710096248833
57656106112Hult International Business SchoolUS / UK / UAE / China2010113,65312,906112,52011,889896357362059494180 (80)894253020751931800102700660n/a099
5782800738University of British Columbia: SauderCanada201190,8979,86990,8339,935760451056394081290 (96)369233631767635162273290098021315
5949520533University of Rochester: SimonUS2011114,3121,320114,3121,3201171274678474544292 (87)3871923142412531132632840088073654
597497077Georgia Institute of Technology: SchellerUS2012111,6831,565111,6831,56510418461455274416594 (100)1582225934228920866900084657433
61---The Lisbon MBAPortugal-132,606132,60684654928659 (97)99412133292104230878491
6277--Michigan State University: BroadUS2009107,4538,669107,4538,66911095009325872089 (100)5483318312023406362139700901671442
6246530540Melbourne Business SchoolAustralia2011107,0263,952106,8873,81464142815610703896288 (95)37136402081672101312082600100086466
64-90-TiasNetherlands201293,85993,8599010629310087 (84)981750254697127800972455
64867807611University College Dublin: SmurfitIreland2012110,0998,073110,0998,07369116425477810891095 (100)59726361849861554531286001003601066
6651--CoppeadBrazil201396,62113,48296,62113,48214110118782217431212 (100)68942383821121525259671210100082594
6654--Peking University: GuanghuaChina201377,0442,87077,0442,87016338311645109732645100 (95)06524474100385681981161095018179
6859740675Purdue University: KrannertUS2010104,3621,058104,3621,0581057631779579459683 (99)65624252949106792118692590091625661
69---Mannheim Business SchoolFeatured business schoolGermany-98,26298,26280958885794 (91)8224252088020172801002861
6951440555Texas A & M University: MaysUS2008110,7652,159110,7652,15910826211794232816481594 (100)150302624171351200835980081172249
71714106116Lancaster University Management SchoolUK201396,0801,04496,0801,04481745443404482582 (95)12782929203921002333235730091112591
72---University of Bath School of ManagementUK200799,91699,916611520958795 (99)9635503554901839400994755
7266720702Ohio State University: FisherUS2010103,0642,362103,0642,36210585609733758682096 (96)4532730132103404075134900831551713
7454600635University of Cape Town GSBSouth Africa2013137,3614,129137,3614,129791121214573695576 (100)1188333519364262291471890064385494
7490640763University of Iowa: TippieUS2012105,06312,085105,06312,0851244476980372147590 (100)291252326213306717638700831462566
7661570656McGill University: DesautelsCanada200990,44081790,4408178983710852772588495 (100)342312223756679293367270095149249
774959062Pennsylvania State University: SmealUS2012111,3592,245111,3592,245106195417769725720580 (99)252222619222331000586830082145449
78684606410Western University: IveyCanada2013102,0642,234103,1122,374835411821891738483 (96)7302229146122922805710690098035937
7873860790University of Washington: FosterUS2010108,899189108,89918985567896683228397 (100)6642943241903361037736200891291333
80100840886Babson College: OlinUS2013117,92211,416116,2129,70698136425131861285788 (90)72929291521267812068177200810n/a084
81---Tulane University: FreemanUS2011109,334109,3341266969566684 (85)7735331037332792510707679
8293--University of St GallenSwitzerland2013100,8149,708100,8149,7086991417351070602578 (95)0741036607711971360484601074970884
8261640698University of Southern California: MarshallUS2010118,2241,978120,251809886971715242027977 (90)12432830930019294930880080141829
8479--George Washington UniversityUS2011100,6004,214100,6004,2141013684646382883385 (85)0673142144420352647413610098053579
8470550701Vlerick Business SchoolBelgium201194,82916894,829168771150702165592464 (66)1081254016261880100052241095381584
86---Korea University Business SchoolSouth Korea2013124,419124,419763091961683 (89)856361183411971101003166
87-64-Arizona State University: CareyUS201099,79699,796995168451389 (100)492625142942072990873242
87-74-University of Strathclyde Business SchoolFeatured business schoolUK2010108,601108,601772229999897 (66)9537303534833518390824284
89---Fudan University School of ManagementChina-80,15480,154155384610042100 (100)992854091875100211931094
907677081Incae Business SchoolCosta Rica201284,9421,02686,0601,64913213613197811456736 (37)35768421253365362185210910922n/a099
9174630768Wisconsin School of BusinessUS2009109,878888109,8788881009521610061929181086 (100)5623631242033425009517700821056466
92-100-EMLyon Business SchoolFrance200994,39494,394632622717886 (83)8033291152908929250997483
93697407916Boston College: CarrollUS2009111,0511,611111,0511,61185107296019461658689 (96)44635328180332309119300852661529
94---Case Western Reserve University: WeatherheadUS201199,34399,3431035323539386 (94)902733162342950940915879
95---University of California, San Diego: RadyUS-98,55698,556807635866471 (100)782140214662188599093n/a19
95776808011Boston University School of ManagementUS2013108,5321,653108,4741,712962752755661265887 (93)03830347325391363684157800806793455
97-86-College of William and Mary: MasonUS2012102,842102,8421205789769783 (85)83284011105208296088n/a84
9898880951SMU: CoxUS2010107,2645,978107,2645,9789557873929119451176 (100)560243014230184419047900920n/a066
99958009110University of South Carolina: MooreUS201091,8781,17591,8781,17595106028016423477982 (92)8862327272852313344910085368447
100---University of AlbertaCanada201086,66686,666853292987593 (94)9222421967551253670987133
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Table notesAlthough the headline ranking figures show the changes in the survey year to year, the pattern of clustering among the schools is also significant. A total of 204 points separate the top school from the school at number 100 in the ranking. The top 10 schools, from Harvard Business School to University of Chicago: Booth, form the leading group of world-class business schools, separated by 82 points. The second group is topped by IE Business School, which scored 65 points more than Imperial College Business School, leader of the third group. The fourth group, which includes schools ranked from 74th to 100th, is headed by University of Cape Town GSB.
Footnotes

1. Indicates the most recent year that KPMG audited a business school, applying specified audit procedures relating to selected data provided for the Financial Times MBA ranking.
KPMG reported on the results of obtaining evidence and applying specified audit procedures relating to selected survey data provided for the Financial Times 2013 MBA ranking for selected business schools. Enquiries about the assurance process can be made by contacting Michelle Podhy of KPMG at mpodhy@kpmg.ca. The specified audit procedures were carried out between November and December 2012. The audit date published denotes the survey for which the specified audit precedures were conducted.

2. The average alumni salary three years after graduation, US$ PPP equivalent. (The 2013 ranking surveyed the MBA class that graduated in 2009). Includes data for the current year and the one or two preceding years where available. This figure is not used in the ranking.

3. The average alumnus salary three years after graduation, US$ PPP equivalent, with adjustment for variations between sectors. Includes data for the current year and the one or two preceding years where available.

4. The average difference in alumnus salary before the MBA to 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 “salary percentage increase” figure published in the table.

5. This is calculated using the salary earned by alumni today, course length, fees and other costs, including the opportunity cost of not working for the duration of the course.

6. This is calculated according to changes in the level of seniority and the size of company alumni are working in now, versus before their MBA. Includes data for the current year and the one or two preceding years where available.

7. The extent to which alumni fulfilled their stated goals or reasons for doing an MBA. Includes data for the current year and the one or two preceding years where available.

8. The effectiveness of the school careers service in supporting student recruitment, as rated by their alumni. Includes data for the current year and one or two preceding years where available.

9. The percentage of the most recent graduating class who had found employment or accepted a job offer within three months of graduation. The figure in brackets is the percentage of the class for which the school was able to provide employment data.

10. This is calculated according to selection by alumni of three schools from which they would recruit MBA graduates. Includes data for the current year and one or two preceding years where available.

11. Percentage of female faculty. For gender-related criteria, schools with a 50:50 (male:female) composition receive the highest score.

12. Percentage of female students. For gender-related criteria, schools with a 50:50 (male:female) composition receive the highest score.

13. Percentage of female members of the advisory board. For gender-related criteria, schools with a 50:50 (male:female) composition receive the highest score.

14. This is calculated according to the diversity of faculty by citizenship and the percentage whose citizenship differs from their country of employment – the figure published in the table.

15. This is calculated according to the diversity of current MBA students by citizenship and the percentage whose citizenship differs from the country in which they study – the figure published in the table.

16. Percentage of the board whose citizenship differs from the country in which the business school is based.

17. This is calculated according to whether alumni worked in different countries pre-MBA, on graduation and three years after graduation.

18. This is calculated according to whether the most recent graduating MBA class completed exchanges, research projects, study tours and company internships in countries other than where the school is based.

19. Number of extra languages required on completion of the MBA. Where a proportion of students requires a further language due to an additional diploma, that figure is included in the calculations but not presented in the final table.

20. Percentage of full-time faculty with a doctoral degree.

21. This is calculated according to the number of doctoral graduates from each business school during the past three years. Additional points are awarded if these doctoral graduates took up faculty positions at one of the top 50 full-time MBA schools of 2012.

22. This is calculated according to the number of articles published by a school’s current full-time faculty members in 45 selected academic and practitioner journals between January 2010 and October 2012. The rank combines the absolute number of publications with the number weighted relative to the faculty’s size.

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