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Global MBA Rankings 2008

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Current rank
Rank '07[1]
Rank '06[1]
3 yr. rank[1]
Business school name
Country[1]
Audit year[2]
Sal today ($)[3]
Weighted sal. ($)[4]
Salary inc. (%)[5]
Value[6]
Careers[7]
Aims achieved[8]
Placements[9]
Employment[10]
Recommends[11]
Wom. faculty[12]
Wom. students[13]
Wom. Board[14]
Intl. faculty[15]
Intl. students[16]
Intl. board[17]
Intl. mobility[18]
Intl. course[19]
Languages[20]
PhD faculty[21]
PhD rank[22]
Research[23]
10111University of Pennsylvania: WhartonU.S.A.2008166,032165,8595,36213209034121193 (98)2218137160351450635385401000220
23554London Business SchoolFeatured business schoolU.K.2004145,918144,9189,39612646227114796 (99)052282351418369025604819813038
31243Columbia Business SchoolU.S.A.2003169,730165,12315,89314407365201593 (93)18120332906224203514866098018116
41333Stanford Graduate School of BusinessU.S.A.2005175,766167,2255191191961931294 (99)0317138618040240325462250972840
52323Harvard Business SchoolU.S.A.2008163,493162,3165,64411219243182894 (100)01211361481403363173459809502410
61787InseadFeatured business schoolFrance / Singapore2003147,763146,8786,32710410818155592 (96)2613224216090189274436299254110
77141010MIT: SloanU.S.A.2003155,316155,16011,32113314454621795 (96)1924630114026736629539290100017140
83111210IE Business SchoolFeatured business schoolSpain2003120,190124,60011,1501589292172393 (88)23531036024147275184124231891n/a881
93667University of Chicago: BoothU.S.A.2007155,484148,9789,7271283974722195 (99)07142354152370351136150370981774
105153520University of Cambridge: JudgeU.K.2007133,480127,0643541309724215792 (97)11402503212536099204851836096092625
110112114CeibsChina2006154,144154,1447,73415725739761492 (87)7589135510065332350096171950n/a6615
115161313Iese Business SchoolFeatured business schoolSpain2003119,890117,06212,77814487011333598 (97)01813028413441580294652199259543
135879New York University: SternU.S.A.2008141,554137,5486,1991288947371094 (97)212201395141400361304044010001071
141131414IMD Business SchoolSwitzerland2003147,172150,7752,373943415192691 (100)317902465410009716961452982n/a711
1569811Dartmouth College: TuckU.S.A.2008152,580151,6736,678124883451796 (100)1112423522013314381130594301000n/a146
166101112Yale School of ManagementU.S.A.2008140,576136,3181,58514011786042488 (99)422162344192326357804367098277263
17-47-HKUST Business SchoolChina200697,23597,2351261671914698 (88)7120283990849420511004320
180182219HEC ParisFeatured business schoolFrance2008118,562119,7398,5161261368233772 (97)1337210263111340832302218188057818
190192019University of Oxford: SaïdFeatured business schoolU.K.2008141,170139,68411,7189982212147892 (84)32919124325155494128715550100064492
20---Indian School of BusinessIndia-155,938155,93812987226821100 (91)8552551956333730100n/a88
213242724Esade Business SchoolFeatured business schoolSpain2003108,166108,16610,18412610586374596 (100)1392623451871618269113813277134921
226283027Lancaster University Management SchoolU.K.2008104,609104,6091,6521271337463693 (76)277241267364365923455265209015815
220222222Alliance Manchester Business SchoolFeatured business schoolU.K.2004112,625111,7744,861114144910545695 (93)10272911950038988200171108651763
245191720Northwestern University: KelloggU.S.A.2008136,674135,6463,334987100615397 (96)242013437145735760704209632394
258171920UCLA: AndersonU.S.A.2008148,615140,05856911686830322093 (98)0161213461122213337287500919363316
267334234Emory University: GoizuetaU.S.A.2004123,569123,5117,724130156742251989 (98)435271325131173425616764094280266
278191420University of Michigan: RossU.S.A.2008125,839126,8023471001479836290 (92)510264340279351330570516209411168
285232726Duke University: FuquaU.S.A.2008122,811121,6131,79610510866916885 (98)4131813671563924041408028010014052
297365239Warwick Business SchoolFeatured business schoolU.K.2004112,586109,06711,1021108933518296 (88)3263713212954768202133116196212765
307374638Cranfield School of ManagementFeatured business schoolU.K.2008129,785134,12514,43710471217276593 (98)1282502325003847234003738173232815
30---University of Strathclyde Business SchoolFeatured business schoolU.K.2004113,071113,071143137989993 (65)963529452491556040070688
327251624University of California at Berkeley: HaasU.S.A.2007131,688131,8304,93987981599993 (100)114252314110332422634646010001691
337262428University of Virginia: DardenU.S.A.2004129,389131,1351119876538697 (100)4152103110126223347336174097082587
344302429Rotterdam School of Management, Erasmus UniversityFeatured business schoolNetherlands2006104,211103,43962310413516849283 (82)16431312832352939514591171100044932
3521564746Imperial College Business SchoolFeatured business schoolU.K.2008120,207120,5758,337101161925755988 (64)763173162451774742055114185094133667
367293634Cornell University: JohnsonU.S.A.2008126,829126,6697481034987824595 (98)0232412621503133685507571093271263
377303835University of Maryland: SmithU.S.A.2004106,636106,6361,66710094891306191 (99)452243379146270416945396099113116
384343636Georgetown University: McDonoughU.S.A.2004120,346118,5458,47312278838104498 (88)93825632470181031416147320941n/a712
3910497554AGSM at UNSW Business SchoolAustralia2006122,349122,3496,65696153480678677 (74)6462621926946107732531015097176587
4013272430University of Toronto: RotmanCanada200298,94097,143500992669100426293 (96)11924428243567336036102839098121185
4132734754City, University of London: CassFeatured business schoolU.K.2007111,615111,6157,65994112632624993 (100)3542543722485597013332960092031815
41---Shanghai Jiao Tong University: AntaiChina-91,34691,346177434110093100 (100)100175215264610012070n/a91
419322934University of North Carolina: Kenan-FlaglerU.S.A.2007115,519116,698932106106366491690 (96)120221281603242912072340951263916
4410548260University of Edinburgh Business SchoolU.K.2004107,956107,9565,650970249356893 (91)3762853333054128084073620090666921
4413576154University of Washington: FosterU.S.A.2006105,554105,5548,70410645926341891 (95)5673023911422213136073410901523313
462167--Nanyang Business School, NTU SingaporeFeatured business schoolSingapore-89,83689,83615,55311111570898491 (100)090282283180531810555935095167763
479384042University of Rochester: SimonU.S.A.2007113,983115,0144,85712337488563492 (89)1691412721012955403014498078260719
485434144Carnegie Mellon: TepperU.S.A.2003112,536112,9233,94899109956471395 (92)02515125415233232420136365098225265
4845938274Leeds University Business SchoolFeatured business schoolU.K.2004104,165104,1659,41011032523928194 (90)19519333212332189102314283090146818
4810383139Michigan State University: BroadU.S.A.2002102,202102,2027,29110716608644494 (100)151201283429604030069920100537265
486423441SDA BocconiFeatured business schoolItaly200896,82495,4944,9739993748878781 (86)25041340522252305557854211018323712
481491838York University: SchulichCanada200284,38885,0752,56710132849558992 (93)0332823042226337325402722099065421
5317706563Bradford School of Management/TiasNimbas Business SchoolU.K. / Netherlands / Germany200799,20299,20211,24810521121726785 (63)493255272201605941401932680840518110
5312413142Western University: IveyCanada2008106,073105,2766,50810444262435392 (99)02118026913232120329530880961723916
5510453344University of Iowa: TippieU.S.A.200888,97288,9722,50113043892594290 (100)492221251230203350306889091253476
551772--University of South Carolina: MooreU.S.A.200495,41795,41712,45511775682417487 (70)172243356121214257302210901625813
572334--University of Arizona: EllerU.S.A.200895,22595,2254,088120224776775080 (100)982303207121221272108479093014461
5815434248Pennsylvania State University: SmealU.S.A.2007103,764103,7646,795103256196582790 (100)5662113351801913540049820841242194
5818767971University of California at DavisU.S.A.2007109,189109,18912,9899396490713189 (98)28736543117129918600548001004n/a2010
6013735462University of Southern California: MarshallU.S.A.2005114,582113,6676,3059619567132596 (89)6322713411612652642079149083363200
61465--Indiana University: KelleyU.S.A.2007105,547105,3322,39810165599262296 (98)73025128260180425317970082220425
6124858577Texas A & M University: MaysU.S.A.200891,65691,6564,412115723846388100 (100)2602523211220124315016493085248370
614575457Thunderbird School of Global ManagementU.S.A.200799,09999,16566910145328366062 (86)143423532220126046224114531946n/a664
6416487763Purdue University: KrannertU.S.A.200598,55498,5541,82210085064703290 (87)74423223792411461327161099019498
6417476759Rice University: JonesU.S.A.2008107,180105,2294,63810877595505195 (96)1452253041432023280088940952n/a338
64-96-University of Florida: WarringtonU.S.A.200793,07793,0771133013827296 (90)741727251320099980973823
6426383947University of Illinois at Urbana-ChampaignU.S.A.200587,31887,3181,132110105254696497 (95)37327327617410194512006586096341265
6819498266University of California at Irvine: MerageU.S.A.2007100,030100,0301,1269896675836692 (96)9803942951643143839185590983703315
69473--University of Bath School of ManagementU.K.2007113,727113,72712,8778501731869492 (59)2832504302343837071408147095245580
692675263Washington University: OlinU.S.A.2005100,808100,8088129259352383395 (96)964150263131462345008363098061160
7119525760Boston College: CarrollU.S.A.2007105,659105,6591,06010476572737098 (97)2593533421101132710209369094258547
718795167William & Mary: MasonU.S.A.200496,71796,717523124114697537787 (83)5972772711111323540090900955n/a637
714677571George Washington UniversityU.S.A.2007102,852102,8527,21910037244405887 (100)1792704121122413602255760971159836
7119526663University of Cape Town: Graduate School of BusinessSouth Africa2007148,975148,97513,65173132358510098 (92)76821231222029491930016260710n/a953
754796974Melbourne Business SchoolAustralia2006106,978100,8914,1807674157949796 (94)21532213183312701843276131901000n/a4924
76179310090Nottingham University Business SchoolU.K.2007100,277100,27711,3169341020969594 (92)4942823726773407503335687077249667
7614626267University of Texas at Austin: McCombsU.S.A.2005108,268108,7321969058579573894 (92)024272272121231255208658091128234
7615615965Vanderbilt University: OwenU.S.A.2005107,328107,4324,72910898950283084 (99)342134282122132262319581094281474
7914655968University of Notre Dame: MendozaU.S.A.2008105,783105,7836,02711257168294898 (96)157203266101932244092510914n/a6326
801595--Tulane University: FreemanU.S.A.200595,38495,3842,64511779140819193 (95)075251131592251132215282561865787614
803835673University of Georgia: TerryU.S.A.200494,93094,9302,00710202558525482 (99)1069252336001824013007791093327631
8225574561Brigham Young University: MarriottU.S.A.200896,70296,7022,66312093255312997 (96)1489115571201948197970910n/a584
82385--Nyenrode Business UniversiteitNetherlands200689,22389,22311,64296220297873100 (73)579125823160029109018671169081079951
845897783Babson College: OlinU.S.A.2008106,849107,7862,5329548214397992 (89)2412712971801615207158480864n/a7110
8422625065Boston University: QuestromU.S.A.2008105,586105,58663394178451656995 (92)3552514041402603841127657086073547
8439455762University of Minnesota: CarlsonU.S.A.200794,24694,24684090237798454093 (99)5612752781922102911627478086722167
873907283Ohio State University: FisherU.S.A.200592,78892,7882,71110215494744398 (92)249240267133180311428984091147398
8831577272Arizona State University: CareyU.S.A.200598,06098,06040294165185643997 (85)2562212402251923511006675089139427
881876781Temple University: FoxU.S.A.200675,45875,4586,49810603189979889 (98)299193421624235442324219140892296615
88-98-Alberta School of BusinessCanada200674,25074,250952787608594 (89)7722321857571557310975537
884928087Wisconsin School of BusinessU.S.A.200596,86696,5872,4689874474486396 (98)165232291157151209009477087835425
9215777180University of British Columbia: SauderCanada200681,99781,9971,2297694077797194 (86)1646150332254694586131233301001502312
93-97-Ipade Business SchoolMexico200688,39588,395145391904192 (100)6110291711509827127n/a98
93984--University of Pittsburgh: KatzU.S.A.200394,64194,6411009821863937695 (78)18624729160210422007895094144492
955100--Eada Business School BarcelonaFeatured business schoolSpain-85,81185,8118,6231134135995287 (100)198242401521435297117134210329n/a981
966904477McGill University: DesautelsCanada200391,55185,1683,1258703393669680 (76)23126353191336523501822524081668549
97---Vlerick Business SchoolBelgium-95,75495,75450636175100 (96)8932401718961003540957581
980988995University College Dublin: SmurfitIreland2007101,730101,7309137021436959097 (97)38729431416234154245521230091174921
99---EMLyon Business SchoolFeatured business schoolFrance200390,53290,53269214808080 (76)83283512326871730886995
10018826382Case Western Reserve University: WeatherheadU.S.A.200795,28395,2833,06197128081888373 (85)7812043011993014907252720912567618
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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. Some 185 points separate the top school from the school ranked 100 in the 2008 ranking. The top 15 schools, from the Wharton School of the University of Pennsylvania to the Tuck School of Business at Dartmouth College, form the leading group of world class business schools. Some 63 points separate Wharton from Tuck. The second group is headed by Yale School of Management which scored 50 points more than the Tanaka Business School of Imperial College London, leader of the third group. The fourth group is headed by Eller College of Management of the University of Arizona and includes schools ranked from 57 to 100. Some 40 points separate these 44 schools.
Footnotes

1. These data are for information only and are not used in the ranking

2. 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 2008 MBA ranking for selected business schools. Enquiries about the assurance process can be made by contacting Michelle Podhy and Patrick Gaudet of KPMG by e-mail at pgaudet@kpmg.ca. The specified audit procedures were carried out between November 2007 and January 2008. The audit date denotes the year that the most recent selected survey data was subject to specified audit procedures.

3. The average alumni salary three years after graduation. (The 2008 ranking surveyed the MBA class that graduated in 2004). This figure includes alumni salary data for the current year and the one or two preceding years, where available. The figure is NOT used in the ranking.

4. The average alumni salary today with adjustment for salary variations between industry sectors. This figure includes data for the current year and the one or two preceding years where available.

5. The percentage increase in average alumni salary from before the MBA to today as a percentage of the pre-MBA salary. This figure includes data for the current year and the one or two preceding years where available.

6. 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.

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

8. The extent to which alumni fulfilled their goals or reasons for doing an MBA.

9. Alumni who used the careers service at their business school were asked to rank its effectiveness in their job search. This figure includes data for the current year and the one or two preceding years where available.

10. 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.

11. Alumni were asked to name three business schools from which they would recruit MBA graduates. The ranking is calculated according to the number of votes for each school. Data for the current year and the one or two preceding years are included where available.

12. Percentage of female faculty.

13. Percentage of female students.

14. Percentage of female members of the advisory board.

15. Percentage of faculty whose citizenship differs from their country of employment.

16. Percentage of students whose citizenship differs from the country in which they are studying.

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

18. This is calculated according to whether alumni worked in different countries before the MBA, on graduation and also where they are employed today.

19. Weighted average of four criteria that measure international exposure during the MBA programme.

20. Number of extra languages required on completion of the MBA. Where a proportion of students require a further language due to an additional diploma, that figure is included in the calculations but not presented in the final table.
These schools run additional courses for MBA students for which additional language skills are required. These figures are included in the calculations for the ranking but are not represented on the table to avoid confusion.

21. Percentage of faculty with a doctoral degree.

22. This is calculated according to the number of doctoral graduates from each business school during the past three years. Additional points are given if these doctoral graduates took up faculty positions at one of the top 50 full-time MBA schools of 2008.

23. This is calculated according to the number of faculty publications in 40 international academic and practitioner journals. Points are awarded to the business school at which the author is currently employed. The total is weighted for faculty size.

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