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Global MBA Rankings 2011

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Current rank
Rank '10
Rank '09
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]
Wom. faculty[11]
Wom. students[12]
Wom. 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]
1111London Business SchoolFeatured business schoolU.K.2010146,3324,726145,7763,4361328571124191[23]1042402811628519206022111[24]980237
1211University of Pennsylvania: WhartonU.S.A.2008175,15311,592171,55110,703123128933321184[25]921914008037134466943330[24]100022
3333Harvard Business SchoolU.S.A.2008170,8179,481170,2388,35111678722513290[26]3122136048037234221452590923141
4555InseadFrance / Singapore2009147,9747,477147,8837,9421086418144482[23]371403341749009208078529711710
4465Stanford Graduate School of BusinessU.S.A.2010182,74612,757183,26018,3971155989172092[23]731903951723824122535615092548
691610Hong Kong UST Business SchoolChina2011133,33417,799133,33417,799142111636315269[27]22502513433908819309401991[24]10001914
7646Columbia Business SchoolU.S.A.2009167,3663,258163,4072,72811749717282390[28]13618135210162146235149570971710
8667IE Business SchoolFeatured business schoolSpain2009142,8948,502149,58410,12613623284824991[27]229330291230543871820313419346962
9111211Iese Business SchoolSpain2009133,3383,604131,8902,999138265382594[23]81718024128449380090034110014870
9899MIT: SloanU.S.A.2009158,3534,053158,3874,32912118810541689[25]682203531323225136025125010001119
11---Indian Institute of Management, AhmedabadIndia2011174,440174,440152261941497[26]101273008042810965592
1291111University of Chicago: BoothU.S.A2007152,3704,351151,3733851097955526189[26]7915035013237344438065500[24]96184
13121513Indian School of BusinessIndia2011132,3527,850134,4066,885187213928663598[29]1281512825121552553357701000n/a81
14151414IMDSwitzerland2009145,5396,335145,8465,526893651283[26]515101231162980100181214611000n/a67
15131013New York University: SternU.S.A.2008138,398186138,8652,78511929134401086[23]611162362102493353160593101000513
15161917Yale School of ManagementU.S.A.2008151,4519,750146,9597,7941332794163090[23]520192373247310335170723509723533
1722816CeibsChina2011118,514795126,3151,373155224643486992[30]174013237417765242550050221960n/a76
18131315Dartmouth College: TuckU.S.A.2008155,7321,125155,0202,2181131905631593[29]1013211352171311400123553801000n/a22
18182922HEC ParisFrance2008123,2871,343122,8287421062361446689[31]027271260746578304165131[24]9904733
20202221Duke University: FuquaU.S.A.2008136,2487,183136,5636,5861076936822977[26]11618030810339039041974280990203
21191819Esade Business SchoolFeatured business schoolSpain2009124,5722,522125,3462,5211282402414582[32]13529031625111928529011121718206689
21222121Northwestern University: KelloggU.S.A.2008143,7774,467143,3654,60410001002719788[25]85191312814513431027016095068
23-35-National University of Singapore Business SchoolSingapore2006100,456100,4561403553626493[33]563133175988179120975143
24282325University of Michigan: RossU.S.A.2008134,2089,511137,18911,7681048783739478[30]71423330320331129417358440941036
25283128University of California at Berkeley: HaasU.S.A.2007143,5383,406144,7904,312875854723687[26]612305302904414289061300[24]100095
26211721University of Cambridge: JudgeFeatured business schoolU.K.2007135,4756,761137,19911,50910191820185574[34]1543100262196520943552117009625251
27162021University of Oxford: SaïdU.K.2008134,6674,151132,9053,56210261930427371[35]33015024630156295032245609733251
28383835SDA BocconiItaly2008110,8296,665110,1866,626123181232715988[27]351401335210295677640224308841262
29403234Manchester Business SchoolFeatured business schoolU.K.2010115,5444,949116,1004,950111204813277080[31]13393302362393539352320141908910170
30363433Cornell University: JohnsonU.S.A.2008140,45410,330140,27310,69110769246161381[32]1125251294164330314272644208946533
31332931UCLA: AndersonU.S.A.2008136,9061,197137,7263,42510617745533481[27]10191713142073211374122884509222416
32414138City University: CassFeatured business schoolU.K.2007124,0063,374124,0063,3749071515675697[29]46127239184315837710571332909634262
33272428Nanyang Business SchoolSingapore2011104,9525,615104,9525,615121122523858582[32]17632026822061087956017610[24]9017062
34263532Cranfield School of ManagementFeatured business schoolU.K.2008128,6083,346132,0591,8278905874296[31]13728424223044282533820681[24]8043786
35363234UNSW Business SchoolAustralia2011123,520630123,52063099123112117582[23]1832642010140612788273181809527267
36252629Rotterdam School of Management, Erasmus UniversityNetherlands2011107,5736,067107,9695,62691112342356587[27]2481732962433739342121014110001339
37323936Imperial College Business SchoolFeatured business schoolU.K.2008115,5634,743115,5634,74392152129374877[36]8622673519360795702550467509513354
38342432Emory University: GoizuetaU.S.A.2010120,7961,177120,8351,138105148066302187[29]153622031218019236672687609306819
38384039Georgetown University: McDonoughU.S.A.2010126,5005,926127,5396,1371082945494088[27]104524128312124428416663620[24]940n/a43
40434442University of Maryland: SmithU.S.A.2010110,9316,708110,9316,70810557369766081[37]4662612316162293461277489709833810
41345142Carnegie Mellon: TepperU.S.A.2009127,018540127,07824410029648472483[29]22619225016040337150875309521048
41242731Lancaster University Management SchoolU.K.2008110,5261,688110,5261,68895361119447271[38]774254302310342942380266908901676
41312733University of Virginia: DardenU.S.A.2009130,0822,541130,7882,10010210826012583[26]61822029021613633890735809457943
44445347Rice University: JonesU.S.A.2008117,8123,742117,8123,74210418182342284[29]1542123641912303144082860930n/a14
44545752Texas A & M University: MaysU.S.A.2008108,4356,135108,4356,1351165878133993[26]44634022624017219400837208135733
46525551University of Illinois at Urbana-ChampaignU.S.A.2010102,94711,512102,94711,51212155492366382[37]17122132621111137400858709734933
46454746University of Toronto: RotmanCanada2010100,17676898,7602,3248706684647889[30]622271323410722427530396509801816
46494747Western University: IveyCanada2008104,5861,744104,3271,4889753359572892[37]5242653221415610233270576609172738
49524950University of Texas at Austin: McCombsU.S.A.2010118,4222,672119,2982,4329336857213390[37]11212913371012832712089640[24]8602122
49544951York University: SchulichCanada200986,8442,66287,8492,3029483271689584[36]431281354220701696520382109907316
51575655Vanderbilt University: OwenU.S.A.2009114,5671,160115,1941,10810527525243183[36]1052121252102143238308479010007631
52484649University of Rochester: SimonU.S.A.2011111,2262,254111,2262,63811006477465173[35]1086170313152366551336629308416161
53635256Melbourne Business SchoolAustralia2011111,6212,083111,6214,3747743744528888[39]11683102713127209016211537010007862
53727466University of California at Irvine: MerageU.S.A.2011101,4951,012101,4951,012113205997555482[26]108240223121603033010113538509805454
55748070Durham University Business SchoolU.K.2007101,1815,519101,1815,519895735729682[31]88125232039116618583911404919335086
55877572Vlerick Business SchoolBelgium2011105,4847,807105,4847,8078722361799165[30]0853183713170221864100079119337481
5795--McGill University: DesautelsCanada200992,9376,31092,9379,50297175196838793[23]0412812512160777611726229270[24]9646748
58423746Warwick Business SchoolU.K.2010109,3111,389109,3111,38966202238619896[38]734381316190563809190232619711554
59-63-Pennsylvania State University: SmealU.S.A.2007110,085110,085885352101876[23]492038192139075890853927
60897173University of Cape Town GSBSouth Africa2007140,8967,544140,8967,5447610131739282[29]11933173514170311334530028706227792
61949784Hult International Business SchoolU.S.A. / U.K. / U.A.E. / China2010107,0798,435107,0798,4358704116589980[26]799220292100484911800610[24]6615n/a92
62464551University of North Carolina: Kenan-FlaglerU.S.A.2011112,3243,772114,6503,4678866275453679[23]10232342711093052733426694708633439
63679575Wisconsin School of BusinessU.S.A.2009106,5233,257106,5233,25710024565592987[26]467233408175236161100966309207151
64897676Arizona State University: CareyU.S.A.201098,8624,57298,8624,5729612509060889[26]11602402741162732410006010008823131
6493--IpadeMexico200696,7293,10996,7293,1091393476873100[26]11729223118101789025259231[24]332n/a99
64646364University of Iowa: TippieU.S.A.200892,6581,81392,6581,813119738100251995[26]108923014219221019734719409135854
64576060University of Southern California: MarshallU.S.A.2010116,624784116,4487028659950292788[26]6422902781133022281515868008014127
68758375Birmingham Business SchoolU.K.200797,1196,95897,1196,95887101339978996[31]28926531352536093259132840[24]8582276
68615762Boston University School of ManagementU.S.A.2008104,7962,978104,7962,9789917467756786[27]44426037310138737783785508704454
68---S P Jain School of Global ManagementDubai / Singapore-79,60781,5121069799238100[40]753720251001001001339043n/a92
68676767Thunderbird School of Global ManagementU.S.A.2011102,6392,908102,9842,8349855664207140[41]213328025723030455234536361892n/a70
72678073Ohio State University: FisherU.S.A.2010100,1912,441100,1912,4419566162815894[27]459251321121202271240802308622822
73576063Indiana University: KelleyU.S.A.2007112,5242,068112,6762,25986146798151284[26]163227024102162312822820796707934327
74478970Boston College: CarrollU.S.A.2009111,1147,238111,1147,23883136376495388[27]65535131437174341285938208876022
74548069Purdue University: KrannertU.S.A.2010100,2523,485100,2523,48594145580846864[37]1153272204111388501130779509813043
74514155University of Strathclyde Business SchoolU.K.2010103,8016,193103,8016,19387192709910095[42]496392245330330974330166007274076
77---Incae Business SchoolCosta Rica200689,21289,2121065221894747[43]73103012456175458188n/a92
78989992University College Dublin: SmurfitIreland2007105,3545,898105,3545,89872810723390100[27]4972542961714424712564304809716370
78798681Wake Forest University: BabcockU.S.A.2010108,5204,787108,5204,78711037087634692[29]11702761711318030152194830914n/a86
80827178University of British Columbia: SauderCanada201188,8945,38088,8945,3807224251956183[36]05814026025968345111652120010002921
80717776University of Notre Dame: MendozaU.S.A.2008108,256767107,91431310167673775776[32]4642412231211031855095400873n/a39
80676771University of South Carolina: MooreU.S.A.201091,2974,37591,2974,37593186093656282[44]2089231367134182279604720[24]8606248
8380--University of California, DavisU.S.A.2011100,87511,250100,87511,25093135899697993[26]14884203522072910251273979001000n/a54
84998991Babson College: OlinU.S.A.2008113,3924,010113,3923,6478588426568684[26]1338251302146203491111466730804n/a81
84-91-Eada Business School BarcelonaSpain-90,88190,88186207439783[45]9733453336933824511[24]36n/a99
86---College of William and Mary: MasonU.S.A.200498,23898,2381024991867470[26]7829281383308188090n/a76
86786777University of Washington: FosterU.S.A.2010107,118120107,1181207387189383780[26]365271346183192182128674108813639
88967085SMU: CoxU.S.A.2010103,1501,851103,1501,851892868355067[29]8572812311212742365191710910n/a54
88899290University of Edinburgh Business SchoolFeatured business schoolU.K.2010102,0683,812102,0683,8126492749789486[23]38433132742939496112517343208954581
90898789Bradford School of Management/TiasNimbas Business SchoolU.K. / Netherlands / Germany200784,27412,71984,27412,7198141424988394[46]892282245411130894269257408625681
91839289Brigham Young University: MarriottU.S.A.200899,5571,62999,5571,629102134474742687[26]44780196103201331898780860n/a67
92---Pepperdine University: GraziadioU.S.A.2006100,000100,0001037294888063[41]94213614624054520[24]81n/a89
93---University of Georgia: TerryU.S.A.2009101,750101,750824388938178[25]772930171518090990926443
94-57-Leeds University Business SchoolU.K.201095,49895,498702963809390[45]7921292231795644960842670
94776378University of Florida: HoughU.S.A.201193,3175,85593,3175,85585103495907666[34]136919530431721520605999809435927
96---Politecnico di Milano School of ManagementFeatured business schoolItaly-74,18474,184942485968469[25]1002344313806941101574689
97---Georgia Institute of Technology: SchellerU.S.A.2004105,000105,000606958504394[29]62143172713276920885322
98---IAE Business SchoolArgentina200672,79772,797821740707778[26]87842331574137541[24]53n/a92
99---Kaist College of BusinessSouth Korea-98,92798,92774838110017100[26]95133091662810060[24]882592
10097--EMLyon Business SchoolFrance200989,2461,87689,2461,87653163086918286[47]580270234111519688891827240[24]9947570
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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 210 points separate the top school from the school at number 100 in the ranking. The top 10 schools, from the London Business School and University of Pennsylvania: Wharton to Iese Business School, form the leading group of world-class business schools. A total of 41 points separate LBS and Wharton from Iese. The second group is headed by the Indian Institute of Management, -Ahmedabad, which scored 69 points more than Lancaster University Management School, leader of the third group. The fourth group, which includes schools ranked from number 74 to 100, is headed by Purdue University: Krannert and University of Strathclyde Business School.
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 2011 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 October and November 2010. The audit date published denotes the survey for which the specified audit precedures were conducted.

2. The average alumni salary three years after graduation. (The 2012 ranking surveyed the MBA class that graduated in 2008). 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.

3. 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.

4. 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.

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 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.

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

8. 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.

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. 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 received by each school. Data for the current year and the one or two preceding years are included where available.

11. Percentage of female faculty

12. Percentage of female students

13. Percentage of female members of the advisory board

14. International faculty (4) Percentage of faculty whose citizenship differs from their country of employment

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

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 before the MBA, on graduation and also where they are employed today.

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

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 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 given if these doctoral graduates took up faculty positions at one of the top 50 full-time MBA schools of 2010.

22. 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.

23. (97)

24. School runs 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.

25. (96)

26. (100)

27. (90)

28. (86)

29. (99)

30. (95)

31. (84)

32. (98)

33. (82)

34. (89)

35. (92)

36. (94)

37. (93)

38. (88)

39. (91)

40. (80)

41. (85)

42. (62)

43. (39)

44. (87)

45. (71)

46. (79)

47. (73)

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