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Global MBA Ranking 2014

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Rank '14
Rank '13
Rank '12
3 yr. rank
School name
Country
Audit year[1]
Salary today($)[2]
Weighted salary($)[3]
Salary increase(%)[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]
11211Harvard Business SchoolUS2013175,99411,438178,3008,923113886941503324289 (100)0102314115014003491410485526009112010
22120Stanford Graduate School of BusinessUS2010182,05413,499184,56610,07910015995112314389 (99)1202023611814314112125422340095240104
34441London Business SchoolFeatured business schoolUK2010155,6246,946156,5534,4351071784191223227295 (93)340222321326860913828207310990241174
43331University of Pennsylvania: WhartonUS2013170,56715,643170,47210,3009922983271530531193 (93)1302114201213613444744223510010001220
55551Columbia Business SchoolUS2014165,89813,670164,18110,1661167933391553423690 (88)28114136112161144134247282260097121575
56661InseadFrance / Singapore2009147,6767,122148,1835,80987910318033841587 (93)1711623431668839617914714209502512241
77980Iese Business SchoolSpain2014141,8735,622143,1682,881125166515145612490 (95)51802012662345607828638160101000767541
89780MIT: SloanUS2014155,4085,402157,2623,15210116974140633626287 (100)250201341121374533571453311001000201640
91012101University of Chicago: BoothUS2012156,6238,055156,0046,359100894446171622191 (99)1901603501303734884025566080097010371
101420151Yale School of ManagementUS2013149,7909,857150,8808,490114483320125132085 (99)117021139420832340338105815408001000441234
111214125University of California at Berkeley: HaasUS2012148,5003,657149,4872,465917908311014178292 (99)110025229319747343410250527600100012663
121913150IMDSwitzerland2009142,582467142,4464,9347273870111078 (94)12160161244191953963853101824101000n/a0741
13118112IE Business SchoolSpain2014142,8329,639146,93310,121112534161910591091191 (88)12803412722845509238213115315109506420741
14810113Hong Kong UST Business SchoolChina2011124,8807,805125,0607,625139143826361234779572 (87)23381220361212522837521624184109732765126
151316152Northwestern University: KelloggUS2014156,9073,839157,7193,5509459282491759591 (99)0602403611782614391926551710087472134
161626194University of Cambridge: JudgeFeatured business schoolUK2012145,622326144,3508199268010271352887 (93)10470110272193660905442142460009444010638
171815171Duke University: FuquaUS2012139,6304,597141,7723,37510088846311421619587 (100)311316032112246247141161632400100081251
171917181New York University: SternUS2014142,7683,922140,6623,9249791001477661921093 (95)312119340311253134315064133610010009433
171524190CeibsChina2014128,0344,472127,1174,2451561512711354374590 (99)5331111431017068234850040215110980n/a0748
201619180Dartmouth College: TuckUS2013151,5497,930150,7546,011101169582924211315890 (100)3131231331210231390311673474001000n/a0172
212118201HEC ParisFrance2014120,0554,469120,0163,555104528122315122681289 (88)0271262241210466488265152941010003616514
222233261Esade Business SchoolFeatured business schoolSpain2014119,0288,472120,7185,98112024868581245491 (89)1321314296187353941821665310921563886
232420222University of Oxford: SaïdFeatured business schoolUK2013131,9964,892133,3153,2949142031521935552974 (94)163401722814045849626091513915009823526545
233029271University of Michigan: RossUS2014140,422923136,8283,3671071074174230154811186 (95)5150250333164373325169638511300913154134
2528272711Warwick Business SchoolUK2010117,5702,541119,121990872181561126147883 (95)114223623031207615933120216642310991173541
262332272UCLA: AndersonUS2012138,2549,486140,7126,413971891205619611829585 (95)12401943401914503121208186310001000343283
272424251Cornell University: JohnsonUS2012137,53413,188136,70711,0921039851511462517289 (96)1230202311176392389313728441009134553611
273538335University of Virginia: DardenUS2014141,3372,651142,13152610468226053126189 (100)219122030519115236310273672600970851481
29313732University of Hong KongChina2013111,9282,191113,0381,0811095462342343763988 (74)16744275481331339966267272564210943501654
302611226Indian Institute of Management, AhmedabadIndia2011155,09516,093157,45913,729862444102184722187 (100)8143141136183107699343661500980631973
313942371SDA BocconiItaly2014114,5121,630112,901228112124162154919421984 (88)962336030231227271169228012500890231715
323623303National University of Singapore Business SchoolSingapore201291,5833,15991,3582,9821475371867051378793 (93)145034225101405739012901041912008907085411
334556459University of North Carolina: Kenan-FlaglerUS2011124,3991,170124,6691,665101366155236569371391 (94)7261263272163352291030578045100892373109
344335373Carnegie Mellon: TepperUS2014129,1271,637129,2961,99898287264201857490 (100)025319121612140143318127612871100950325425
353745393Rice University: JonesUS2014117,5175,271118,4734,3591201478177211221013294 (100)05212733781912933230480196100930n/a03310
363420308Indian School of BusinessIndia2011115,9507,144117,3086,162130223019264763651282 (100)182212002536020321590526793001000n/a06510
364043400Georgetown University: McDonoughUS2010124,3505,829124,9905,686987894554253030988 (97)1372294303152323444125825577001000n/a0334
383234352Nanyang Business SchoolSingapore201194,7367,94796,2026,48111220125401289171484 (98)865235035821065086058022234301960612654
393330341Rotterdam School of Management, Erasmus UniversityNetherlands201197,4707,61898,7716,77594926345117350891782 (99)159518133029042494329311776131010003314283
394651454University of Texas at Austin: McCombsUS2010127,464632129,2255148927112491764028393 (97)020126126512031320620909502500872161135
414038403City University: CassFeatured business schoolUK2012109,7687,427110,2606,93576936362555581874 (92)1671329436113857038484642936114009624235412
414940431Emory University: GoizuetaUS2010120,8633,154122,4682,450103172765992725896 (100)03632312402451924352268354100922661366
432931344Manchester Business SchoolUK2010109,0907,304106,5358,234961553541103532882679 (84)94843113232303618821501742270088232884
444457481University of Illinois at Urbana-ChampaignUS2010111,6863,807112,4823,01111124996677762851285 (92)1774221322194160520207016494300982315366
45516654Sungkyunkwan University GSBSouth Korea2013111,1344,270110,8283,964860401528210233587 (98)13941151433029055123827904310148111000n/a08010
463836404Cranfield School of ManagementFeatured business schoolUK2013117,8225,678120,9416,970751322243326232693388 (87)5410284248192493811313138551510932419954
475446499Indiana University: KelleyUS2012111,391140112,3535791165575922411110190 (94)1310224255214260362418666811008145841712
485481612University of California at Irvine: MerageUS2011106,924658106,76481810046310990681460989 (100)58044773941903145655059071000951546285
494246464Imperial College Business SchoolUK2013104,2082,824103,6043,428681642179620475184 (94)0560302299380863652250032281400964468403
505058534University of Maryland: SmithUS2010106,4326,120107,2365,3169316917168826541690 (99)269831237101763513015914748891500981116249
514644472University of Toronto: RotmanCanada201089,1448,58890,3047,348856612971165294376 (100)62922412924107314915303925810009806290
5261--The Lisbon MBAPortugal2014123,0629,544123,0629,544822243816821090468 (97)99633562213302542430026163000914822954
52627764Michigan State University: BroadUS2014107,025428107,8083551064566801345134293 (100)454633030123012003735171994300900681420
54-72-University of Minnesota: CarlsonUS2014110,390110,390957035134684 (91)763031282428666840824812
555949541University of Rochester: SimonUS2011107,8706,442110,6073,705115276282470439591 (87)18341813181132516310141621862008716944212
566859616Purdue University: KrannertUS2010106,2661,904106,3201,9581094313285686759091 (99)860426222318112821452224356134811009103914547
57665459Peking University: GuanghuaChina201383,1326,08881,9144,8701511235430158512121498 (94)266123135125113326128214926372110923180801
587873709University of Washington: FosterUS2010106,5552,344106,6322,26796115413906711234696 (100)17283013492401904291118912801800912301249
595361583Vanderbilt University: OwenUS2014117,0712,810117,4841,69492680105714231633293 (96)649617731493215230639737813001000833425
597454621University of Cape Town GSBSouth Africa2013141,6754,314140,0692,708790119138923599471 (97)58713031817201491337114415461266300739861973
615765610Hult International Business SchoolUS / UK / UAE / China2010104,5769,077105,8446,67691239433352793185 (90)59132833222007329528001222500642n/a0972
624841509Australian Graduate School of Management (AGSM)Australia2011109,4628,588111,2806,77072933107952112380169 (78)20648164276161502801241715252009147506510
627749631Pennsylvania State University: SmealUS2012105,3246,035105,9885,371117115227069725442475 (100)55312203591812204290053590700820432409
64546160Washington University: OlinUS2010106,7982,330107,5561,5639617513981774648496 (97)075017227712045738520852074900972794172
658261690University of Southern California: MarshallUS2010121,0382,814122,3082,057844961732284161180 (91)34412713001013222897291283500833498281
6669--Mannheim Business SchoolFeatured business schoolGermany201497,96230097,9623007377288306919701396 (94)28112623813200102800200203217001000226654
665259596York University: SchulichCanada201486,8215,93689,3323,8758811271289693696388 (93)1404301307200641770551350161400990716334
68---Indian Institute of Management, BangaloreIndia-125,249125,24981503969896 (97)2120116600446601004793
686246595Melbourne Business SchoolAustralia2011100,8886,138102,0684,81968416129635403097188 (95)0611027927132006021819271416410160094672145412
707266691Ohio State University: FisherUS2010102,453611102,89916599664884135718402892 (97)458528130016328731340696381100830605174
715974689Georgia Institute of Technology: SchellerUS2012107,1064,577108,0333,65093116014782332125196 (100)25712203166335129120871955008517316285
725782703University of British Columbia: SauderCanada201189,1351,76288,8811,9528152916582791583266 (100)24701221241221107936742153364112009803817249
7387--University of Strathclyde Business SchoolFeatured business schoolUK201094,41214,18995,71612,8858144182187227564294 (61)3972361441435033110017350191423007935715831
7464--Tias Business SchoolNetherlands201289,8484,01189,8484,0118461339129941100076 (94)1110022145001784711003012181124560094314107116
7569516510Texas A & M University: MaysUS2014108,3332,432108,6992,0669991928685830823490 (100)4555399293111316129666776917007926210427
759577822Boston University School of ManagementUS2013107,938594108,256218933772443160673890 (92)3391300351813533726226795921400822801514
77---Shanghai Jiao Tong University: AntaiChina201484,89084,890166325310062100 (96)9329321137379920190588
7771717312Lancaster University Management SchoolUK201388,7777,30389,0097,071865515062416523061 (98)217912814718255456881231230765800883197838
79665165CoppeadBrazil201385,58811,03388,2568,36513831095827551827 (100)159014204023081922764015982131101000842973
80-83-University of Pittsburgh: KatzUS200986,44486,4101324776807287 (97)9428311017433491000915354
819174826Wisconsin School of BusinessUS2014111,0371,159110,3384601044457100026718089 (100)36312313332213222142044941752008116711651
829369812Boston College: CarrollUS2014109,7851,266109,6141,437872621068839767981 (94)85043613118020231230847930008615511367
8389--Fudan University School of ManagementChina201476,1404,01476,1404,01416382117591399143199 (100)18613302486447217141341000331210941133886
8472--University of Bath School of ManagementUK201492,6767,24092,6767,2405564126173950642391 (85)49933615333146068821263817737009902918541
8495--University of California, San Diego: RadyUS-98,25829898,25829877379325107511362883 (100)128242982812201548392323588398100963n/a0172
847661749McGill University: DesautelsCanada201490,33110989,60483681855187411671081775 (95)2043134335131767417710272360292009146516481
8787--Arizona State University: CareyUS2010100,203407100,203407945587932544120791 (100)251225129459263321000601299000870266420
88829388University of St GallenSwitzerland2013103,1312,317102,1581,344654955419473766689 (88)116861003065010792952501035303010722788822
89---ESMT - European School of Management and TechnologyFeatured business schoolGermany-89,17289,17260677905085 (100)8827403082891023590100n/a63
8978687814Western University: IveyCanada201397,0764,98899,0724,040711243275781838083 (97)03552642631516433672915166270099151164811
916486804University College Dublin: SmurfitIreland2012103,9296,170105,3844,715636142327982084593 (92)29812601917180501565540376851001000528748
9281--Tulane University: FreemanUS201197,96211,37297,96211,372111157346908327952988 (81)478136134111134353202708397019008717815745
93-98-Brigham Young University: MarriottUS2008107,997108,5491082583375795 (100)46821721689388090n/a71
94-80-Wake Forest University: BabcockUS2010103,696103,6961205994294988 (100)73252515612109573092n/a83
9592--EMLyon Business SchoolFrance200993,3561,03893,3561,0386211511371578777183 (88)385534162331105208828904112111400990740830
9580100924Babson College: OlinUS2013109,1188,804108,6947,5188513673163481387282 (88)6301290345150174670120571169300832n/a0884
97-94-Durham University Business SchoolUK201287,35086,887552322918689 (93)9239524461823927431962893
98---University of California, DavisUS201196,86496,864688181877695 (98)844139323145796970100n/a13
99847987George Washington UniversityUS201198,7861,81498,3742,22683186808723362533085 (85)0670301375131331145108275156500980596745
10084708515Vlerick Business SchoolBelgium201189,2135,61690,8313,998661117124822382792065 (97)189827242213325181780209428410905774831
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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 195 points separate the top school from the school at number 100 in the ranking. The top 12 schools, from Harvard Business School to IMD, form the leading group of world-class business schools and are separated by 80 points. The second group is topped by IE Business School, which scored 60 points more than Nanyang Business School, leader of the third group. The fourth group, which includes schools ranked from 84th to 100th, is headed by McGill University: Desautels.
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 2014 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 2013. 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 2014 ranking surveyed the MBA class that graduated in 2010). 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 that 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 on the full-time MBA. For gender-related criteria, schools with a 50:50 (male/female) composition receive the highest score.

13. Percentage of female members on the school's 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 2013.

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 2011 and October 2013. The rank combines the absolute number of publications with the number weighted relative to the faculty’s size.

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