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Global MBA Rankings 2009

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Current rank
Rank '08[1]
Rank '07[1]
3 yr. rank[1]
School name
Country
Audit year[2]
Sal today (US$)[3]
Weighted sal. ($)[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]
Int. faculty[15]
Int. students[16]
Int. board[17]
Int. mobilty[18]
Intl. course[19]
Languages[20]
PhD Faculty[21]
PhD rank[22]
Research[23]
11253London Business SchoolFeatured business schoolU.K.2004147,134146,5651,64712155622185190[24]652312521228419116042101[25]9911263
10111University of Pennsylvania: WhartonU.S.A.2008170,210169,7843,925119131006929689[26]421913617136144171843420[25]1000231
32534Harvard Business SchoolU.S.A.2008164,783163,6371,32111538641161893[27]11201382480364333134428709501010
41323Columbia Business SchoolU.S.A.2009168,073164,310813132128133121692[28]1815332110163143134146460[25]971574
51676InseadFrance / Singapore2009148,490147,9081,0301084723134989[29]36112295171891901704315297248154
628118IE Business SchoolFeatured business schoolSpain2009129,482132,9258,32516911251321791[30]23633234223149281682223411890n/a826
62434Stanford Graduate School of BusinessU.S.A.2005173,935170,3403,11510514941331493[27]1321436219143343322365220961351
83111110CeibsChina2006137,030151,6412,503179223045733392[31]05012331410069437550083121961n/a759
9271410MIT: SloanU.S.A.2009155,811156,4511,29112112792912290[29]591953551402713604112362701000895
10313810New York University: SternU.S.A.2008147,784144,1256,5771335822110993[32]1102004121313823151714472301000792
112969University of Chicago: BoothU.S.A.2007154,340150,2721,29411315965219294[33]1714035016140342737173300[25]980643
121111613Iese Business SchoolSpain2009127,945124,6457,5831359718312698[26]018185253218432782904451[25]99051595
13215912Dartmouth College: TuckU.S.A.2008158,089156,1244,451121388382894[33]211240332164341380130493901000n/a131
140141314IMDSwitzerland2009147,655151,624849973512171393[33]2161012229410009927781690980n/a683
15520--Indian School of BusinessIndia-145,727148,3397,5991603127186528100[28]0771492414118141576277601000n/a7513
16117--Hong Kong UST Business SchoolChina2006108,364108,36411,12912823574946493[30]56724440123909009399401731100041173
177101514University of Cambridge: JudgeFeatured business schoolU.K.2007132,879130,1603,0961219910244793[29]139196239151058291154615570942155024
183212421Esade Business SchoolFeatured business schoolSpain2009120,227121,77613,61013711403384189[33]740271268171160811921813278156942
193161015Yale School of ManagementU.S.A.2008142,948140,8034,4851346807763195[26]72319334015430234115751720100265282
201191919University of Oxford: SaïdFeatured business schoolU.K.2008137,216135,5024,18210910102487189[34]32618127327261694029196901000675910
213241921Northwestern University: KelloggU.S.A.2008142,378142,6456,9991035933411596[24]1418234070450350606436095111178
226282324Duke University: FuquaU.S.A.2008128,612128,6927,07910239768201092[24]714171393150381400184672609911723
234271923University of Michigan: RossU.S.A.2008132,500132,5225,720105577487190[28]013260340234323333103535909311393
242263328Emory University: GoizuetaU.S.A.2004126,320126,2622,75113666756211586[26]337243386174181384428074094079337
2422466746Nanyang Business SchoolSingapore-104,294104,29414,458131202471758192[33]193324401223554175658311470[25]94176715
268343030Rotterdam School of Management, Erasmus UniversityNetherlands2006109,534109,9976,55810733617678097[35]14431302352303019724231371100046415
275222826Lancaster University Management SchoolU.K.2008106,960106,9602,351128145525492[36]1752312933153248843873060090020821
276332629University of Virginia: DardenU.S.A.2009135,768137,2156,080119075624491[33]6152102921111843049678620981844315
2911181822HEC ParisFrance2008117,594117,6302,10910323486145082[24]102826529365417863377514192450756
294251724UCLA: AndersonU.S.A.2008144,949141,0651,00711066536392089[37]4171643511322203211039437093227285
311322529University of California at Berkeley: HaasU.S.A.2007138,422137,6995,8698079231221191[26]2122613011213634319352330[25]1000972
327394940Australian School of Business (AGSM)Australia2006127,474127,4745,12510041351609089[38]12572601901566106611232149097081553
3210222225Manchester Business SchoolFeatured business schoolU.K.2004108,807109,0662,70810410537596995[29]03535623417173629243333246081519014
342362933Cornell University: JohnsonU.S.A.2008128,056127,8581,1891041914415793[26]22425135911433237113425948092163337
355303734Cranfield School of ManagementFeatured business schoolU.K.2008125,048127,0047,1219591814254697[33]4322502303218424841293125211[25]67624821
35-81-National University of Singapore Business SchoolSingapore200695,92695,9261223247976387[39]6530401155932212110937271
378293634Warwick Business SchoolU.K.2004118,171114,6535,58692181219559188[40]8313813533015148532213116196022751
3810484243SDA BocconiItaly2008106,578104,8599,365111122628787781[41]044401291123123060562162219183016683
394355643Imperial College Business SchoolU.K.2008116,752117,1193,45696523408959100[42]126318138223697436595504186094049597
402383437Georgetown University: McDonoughU.S.A.2004122,386121,7863,24111210904654298[39]04125030215820228310648380[25]951n/a5516
410417352City University: CassFeatured business schoolU.K.2007124,026124,02612,4118773359506095[43]2562612611472356185154184061093139756
4116573444University of Arizona: EllerU.S.A.2008101,066101,0665,841138184293903960[33]2081311277142202325216631094131559
411130--University of Strathclyde Business SchoolU.K.2004118,683118,6835,612114296739510093[44]0953612185052629435053956074425913
447373037University of Maryland: SmithU.S.A.2004108,404108,4041,7689555286765590[26]155251298162314401904490099028121
454413239University of North Carolina: Kenan-FlaglerU.S.A.2007118,071120,1983,5009886280482586[27]421264280823753342075240896352811
461473844University of Rochester: SimonU.S.A.2007114,618115,86785311678391564892[43]07317333614440115623555594083557683
477402738University of Toronto: RotmanCanada200299,12997,4132709276398546790[37]31924029140368144853172840098019202
476534147Western University: IveyCanada2008105,272104,4568209863772574091[31]12018025114147152223910346801004642712
4927766262University of Texas at Austin: McCombsU.S.A.2005114,189114,7616,0299226150403589[32]5252813141112522832086540[25]91026176
491484949York University: SchulichCanada200986,50488,6093,5349744365718790[28]22929132221166365851332290[25]990712814
513484347Carnegie Mellon: TepperU.S.A.2009116,341116,7733,8509639561581996[27]1271612141503413645158283097114359
5223757969Melbourne Business SchoolAustralia2006114,086110,2909,3998374567879296[34]051231238330755906270181701000n/a501
5311644755Rice University: JonesU.S.A.2008111,254109,3024,07310178489434490[32]5542203771842223420077880950n/a2013
5340938477University of Pittsburgh: KatzU.S.A.200995,63395,63399211113855926889[29]692251334602014753360960[25]931333910
559643852University of Illinois at Urbana-ChampaignU.S.A.200592,86392,8635,54511225985827089[39]8712523472251224500072850[25]97154206
5620766164Vanderbilt University: OwenU.S.A.2009109,202110,7683,33610628535262490[26]647152253931962603087950[25]96280503
5727846268Boston University School of ManagementU.S.A.2008105,532105,5325410177353496595[28]045232455113371140211054660871756410
579489366Leeds University Business SchoolU.K.2004100,918100,9183,2471055370967591[35]3861813301973208542746977091138756
574618568Texas A & M University: MaysU.S.A.200898,64798,6476,99111142860417698[33]2382832111264142265009189084152392
601616562Indiana University: KelleyU.S.A.2007107,387107,6532,3219835895272790[33]63327226282213375418165082021393
600607364University of Southern California: MarshallU.S.A.2005117,177116,2582,5918799937333694[31]2302702951933043481919044084145255
609696765Washington University: OlinU.S.A.2005109,507109,5078,6998849854444390[32]56816137111413610340008463094453133
6315483850Michigan State University: BroadU.S.A.2009102,897102,8976959611558336391[33]322288226339181230104458930901044359
635584355Pennsylvania State University: SmealU.S.A.2007105,728105,7281,96488156442343093[27]351287385191212332006181084043201
63164--University of Florida: HoughU.S.A.2007101,343101,3438,26610494132797294[39]2661523142141522337710099097046203
638554554University of Iowa: TippieU.S.A.200892,16692,1663,1941161446100702995[26]586220294194211383417692088347481
676615762Thunderbird School of Global ManagementU.S.A.200798,89899,187229474743466667[42]53427431121127143326216511[25]913n/a597
6712557265University of South Carolina: MooreU.S.A.200491,77491,7743,64310985478637386[41]172213341752431510413520[25]90069508
6723445756University of Washington: FosterU.S.A.2006105,558105,558492146087282196[27]5702733631512311813608535090042285
70-54-SMU: CoxU.S.A.2005109,052109,0521068796303295[32]60253113222049543094n/a55
7121927780University of British Columbia: SauderCanada200689,68289,6827,6858373875807892[28]24915030329470154414126320100060158
710715265University of Cape Town GSBSouth Africa2007143,693143,6935,282721115749879[45]19762762831753123930300740692n/a941
7113844567University of Minnesota: CarlsonU.S.A.200798,45198,4514,205102127299233886[24]7612703252012101910608875088229259
746684964University of California at Irvine: MerageU.S.A.2007102,010102,0101,9809176876685277[24]1582390378171332446907455098070396
752297--Vlerick Business SchoolBelgium-101,180101,1805,4266616296182100[33]09137540014330128016100010340983787110
7612885774Arizona State University: CareyU.S.A.200599,62499,6241,5649735081532392[39]5592422512112782690063520[25]85434357
77---Aston Business SchoolFeatured business schoolU.K.200486,36486,36499202710096100[26]6233274644944650200[25]855571
771188--University of AlbertaCanada200675,08475,0848349502930518498[33]478220386213581451215056450100359352
772796574University of Notre Dame: MendozaU.S.A.2008106,264106,48770411027082354591[29]758200260111812205196800892n/a5013
80-96-Durham University Business SchoolU.K.2007104,282104,282811120999793[39]8920361457782133581886164
807879086Ohio State University: FisherU.S.A.200593,74493,74495610535179696295[28]353240260121171310408967091032434
8016644864Purdue University: KrannertU.S.A.2005100,856100,8562,3029285784855386[27]4462412741122615451306871099023481
83-78-Birmingham Business SchoolU.K.200782,62482,6249921269389100[46]9623414632946937820803791
8314697375University of Bath School of ManagementU.K.2007107,613107,6136,1147961549819581[47]118423239418540284141847064097240591
8514716774George Washington UniversityU.S.A.2007101,530101,5301,3229197890425888[28]1823034541433062790262910[25]934308216
86-88-Wake Forest University: BabcockU.S.A.2004100,727100,7271086688475788[33]699339616579970100n/a82
8734537070Bradford School of Management/TiasNimbas Business SchoolU.K. / Netherlands / Germany200796,14496,1443,05889161966889392[48]7892502612336119514552984080474821
87---Grenoble Graduate School of BusinessFeatured business schoolFrance-83,51683,51680144629986[49]1004244284289342011716894
895848987Babson College: OlinU.S.A.2008108,968109,5411,7558788911457483[39]9422523782021605027057530851n/a754
8918715271Boston College: CarrollU.S.A.2009108,162108,1622,50385196964646191[24]7743413511011212163193790940624311
9149510095Eada Business School BarcelonaSpain-89,78689,7863,97510310162833488[44]197195382210287898322519281[25]284n/a944
9210825777Brigham Young University: MarriottU.S.A.200897,78997,7891,087104163939373795[33]2489020570201099199980892n/a646
92-62-CoppeadBrazil200696,93896,93898229791242[33]993227171211098811007394
9248445463University of Edinburgh Business SchoolFeatured business schoolU.K.2004101,884101,8846,07275223125868694[37]179271258401035683340038180[25]90066942
9551008292Case Western Reserve University: WeatherheadU.S.A.200799,23899,2383,9559527692847972[37]185182377109273463709278090118826
957889292Wisconsin School of BusinessU.S.A.200999,13899,1382,55188104957665694[33]264274301141105182339773085258431
97---Hult International Business SchoolU.S.A. / U.K. / U.A.E-96,91596,915854463729489[32]98213411399578649054n/a94
98-99-University of Miami School of Business AdministrationU.S.A.200792,06492,064957494778574[45]803135302831071990878243
991989898University College Dublin: SmurfitIreland2007104,934104,9343,2046641758918897[24]0883012651604410401461621251[25]96577931
10024769390Nottingham University Business SchoolU.K.200799,64799,64763062313416988394[39]09432435256113519116221145500847368216
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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 195 points separate the top school from the school ranked 100 in the 2009 ranking. The top 10 schools, from the joint first London Business School and Wharton School of the University of Pennsylvania to New York University: Stern, form the leading group of world class business schools. Some 31 points separate LBS and Wharton from Stern. The second group is headed by the University of Chicago: Booth which scored 57 points more than University of California at Berkeley: Haas, leader of the third group. The fourth group is headed by University of California at Irvine: Merage and includes schools ranked from 74 to 100.
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 2009 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 2008 and December 2008. The audit date published denotes the survey for which the specified audit precedures were conducted.

3. The average alumni salary three years after graduation. (The 2009 ranking surveyed the MBA class that graduated in 2005). 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 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 requires 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 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.

24. (97)

25. 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.

26. (98)

27. (99)

28. (93)

29. (95)

30. (86)

31. (94)

32. (96)

33. (100)

34. (87)

35. (90)

36. (83)

37. (92)

38. (74)

39. (88)

40. (80)

41. (89)

42. (85)

43. (91)

44. (73)

45. (84)

46. (60)

47. (77)

48. (59)

49. (81)

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