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Global MBA Rankings 2012

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Rank '12
Rank '11
Rank '10
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]
14432Stanford Graduate School of BusinessUS2010191,6578,911192,1798,9191291488342092 (98)02181345170391383223581709645110
23330Harvard Business SchoolUS2008177,8767,059178,2498,01112269013242793 (100)31231393480381340243545309422122
31221University of Pennsylvania: WhartonUS2008176,2991,146172,35380212039836312485 (94)13201444113334384633403701000311
41121London Business SchoolFeatured business schoolUK2010154,7838,451152,9817,2051342611023893 (97)242223131718329027010381991341113
57660Columbia Business SchoolUS2009171,6474,281166,4973,090131148630262191 (88)171713501006114513504565097013614
64550InseadFrance / Singapore2009144,4223,552144,3553,52897111915215184 (94)281403302259009207010104297011614
79881MIT: SloanUS2009158,083270157,3371,0501201928642692 (94)362113831413315106005226010001657
88670IE Business SchoolFeatured business schoolSpain2009152,1279,233156,6587,0741393209917592 (92)1283213012415408708113136195269066
9911101Iese Business SchoolSpain2009135,3021,964133,8881,99814810666103097 (97)3172132222625128008736611000732553
106982Hong Kong UST Business SchoolChina2011127,6005,734127,6005,73414423037347789 (96)204324133123164939741968261571100023419
1111--Indian Institute of Management, AhmedabadIndia2011175,076636175,07663614012291921796 (100)110142613003371004474097152394
12129110University of Chicago: BoothUS2012154,4492,079152,5851,2121090996219389 (100)09150350130370440402575709601026
131415140IMDSwitzerland2009139,6445,895144,0451,8017811771191 (100)81617728515198097379213511000n/a076
142528226University of California at Berkeley: HaasUS2012143,935397146,8112,021914942213991 (99)41223729110144042072553301000633
152020183Duke University: FuquaUS2012138,0201,772139,4052,8421081936327788 (100)11151713771004343814017532010012224
162122201Northwestern University: KelloggUS2008146,1362,359145,8342,469964100466694 (96)652013438045037382771809411487
171513152New York University: SternUS2008135,2343,164134,0934,77211549757251491 (95)511151333100481383160563401000837
181818184HEC ParisFrance2008120,5922,695121,0611,7671071342557490 (92)127207326706508744322121100149241
191813172Dartmouth College: TuckUS2008153,2522,480151,1823,8381112956071694 (100)113232332203301422197633801000n/a032
201312152Indian School of BusinessIndia2011128,7983,554129,5124,8941771052297141100 (100)2221942917221050616388801000n/a070
201516170Yale School of ManagementUS2008143,4028,049142,4554,5041249873332891 (94)1181903612222473961256652097043832
202716210University of Oxford: SaïdFeatured business schoolUK2008134,891224134,8051,90010861821298085 (87)14301322623555519323861641097027553
2323--National University of Singapore Business SchoolSingapore201298,4302,02697,6252,831185452840506789 (86)4553012851435909022912928095255459
241722215CeibsChina2011124,0995,585123,0583,25715054927286294 (99)23213030717063243150041231982n/a081
243036303Cornell University: JohnsonUS2012144,0253,571141,7271,45411698054141585 (97)4232503012483213982436740091263229
262621243University of Cambridge: JudgeFeatured business schoolUK2012132,1693,306132,7584,4419652232116982 (88)8449129318157591353211560960252759
275842424Warwick Business SchoolUK2010118,1518,840118,1518,8409428844379395 (93)1383912741456049111145203019709646
28-28-CUHK Business SchoolChina2011100,408100,40816039494494 (95)5821401128625621130965753
292428272University of Michigan: RossUS2008128,5895,619129,6497,5401013774749586 (93)814241311200332334710684708410415
303625301Rotterdam School of Management, Erasmus UniversityNetherlands2011103,4924,081103,6284,341114231139547891 (90)4511613342733709852325591100012131
312940331Manchester Business SchoolFeatured business schoolUK2010117,0161,472117,01691611654845186681 (91)142341221212372894149182109121081
323133321UCLA: AndersonUS2012135,0231,883136,3311,39510828459472986 (91)521170283191375325131875801008371320
332119245Esade Business SchoolFeatured business schoolSpain2009114,9719,601114,98810,35811513445174592 (90)10342363322142898727119149188664281
343327313Nanyang Business SchoolSingapore2011102,3502,602102,3502,60212982618855490 (92)8713422711936548345712249196665566
354134375Carnegie Mellon: TepperUS2009133,2486,230132,3255,24710999158401888 (99)524201294610433403618292094119941
363426320Cranfield School of ManagementFeatured business schoolUK2008122,2706,338125,1966,8638811414355392 (87)44130224021249579338519621866592289
37---University of Hong KongChina-106,720106,7201215574538192 (74)78314220476801320975470
384131374University of Virginia: DardenUS2009136,3286,246134,9364,14810977577361292 (100)919231290254121303637260099580153
383241371City University: CassFeatured business schoolUK2012111,55212,454111,55212,4548642411775892 (99)575270456385624881154327720951281474
403834375Emory University: GoizuetaUS2010124,8124,016124,8323,9971116748382294 (99)737242283153190342437061094174620
413536373Australian School of Business (AGSM)Australia2011118,9434,577118,9434,5779093224308986 (93)4722711551315928022521720095068466
422838361SDA BocconiItaly2008103,2737,556102,8547,33212032138746081 (90)762382285331227283166732622089120874
433838401Georgetown University: McDonoughUS2010123,9522,548123,2904,24910717643224388 (96)03920427112038144214151816401006n/a044
444645451University of Toronto: RotmanCanada201096,6793,49794,2554,505101145189579085 (92)4252612934107114315303966098015310
454444443Rice University: JonesUS2008118,617805118,617805117137092231992 (100)8562102792012302564084960930n/a020
463732382Imperial College Business SchoolUK2008104,61910,944104,61910,94474183819416393 (95)166127130540480191215054344094130353
465363542Melbourne Business SchoolAustralia2011110,978643110,7019207814361329491 (89)37031024324775382812612390100082459
467357594Indiana University: KelleyUS2012111,950574113,21754111832459716490 (99)631261328156221401252376690763581520
4959--Pennsylvania State University: SmealUS2012109,114971109,114971125373767152578 (95)250200326190201434006486083241238
495248501University of Rochester: SimonUS2011112,9921,766112,9921,766129196882694689 (90)168517031013236052315186593088467646
51-65-CoppeadBrazil2006110,103110,103151295395518 (100)9636402520160891511007798
514454502Texas A & M University: MaysUS2008108,606171108,60617113418471123393 (100)0603312112401612340078950821701346
514952511University of Texas at Austin: McCombsUS2010121,0112,589121,1701,8729306751672389 (95)120281285122271243209570086021017
54---Peking University: GuanghuaChina-79,91479,914201155510071100 (95)572637310336797431951766
546089685University of Cape Town GSBSouth Africa2007141,490594141,49059490141179310087 (97)5943213321703212863004610061181494
566246554University of North Carolina: Kenan-FlaglerUS2011117,4115,087118,9594,3099246575463285 (99)62623025210030034731385420904441027
574652521University of Illinois at Urbana-ChampaignUS2010105,7262,779105,7262,77911745788455990 (92)8812202752541434142279990992242532
584043475University of Maryland: SmithUS2010109,3751,556109,3751,55692138376897282 (100)16626035121712903610435987097135310
594954543York University: SchulichCanada200986,58725788,28343410063385879785 (94)13527134121167383145423619099075227
597454627Purdue University: KrannertUS2010103,3043,052103,3043,052112184684756589 (99)2553281233121391588307168097131149
61-49-Washington University: OlinUS2010106,687106,6681058265603794 (97)852127143535083900987920
615157561Vanderbilt University: OwenUS2009114,362205114,26592910147820333983 (92)05213136111002392033094820100078238
616457611University of Southern California: MarshallUS2010116,246378121,0604,6129489666443689 (90)1472813031323002111329389081133829
61579571McGill University: DesautelsCanada200989,6233,31489,6233,3149704787528498 (100)540313283182814761526029250960472049
6561947311Hult International Business SchoolUS / UK / UAE / China2010100,7476,332100,6316,4489584216559588 (82)8972202901007426943800810660n/a098
66---Sungkyunkwan University GSBSouth Korea-100,779100,7791025448983597 (100)9930312940227935111100n/a81
667267685Ohio State University: FisherUS2010105,4265,235105,4265,235113185664834892 (92)2632612571202113474088500824381017
684649547Western University: IveyCanada200899,8304,756100,7383,5898894081723490 (95)2292423201625932742814767098726144
697447637Boston College: CarrollUS2009109,4401,674109,4401,67495126379626485 (94)34834133285181351359027087151920
705587711Vlerick Business SchoolBelgium201194,66110,82394,66110,823881549708874 (80)9892922892032538821000714192176289
7141244514Lancaster University Management SchoolUK200897,12413,40297,12413,402887941848794 (89)23842722552110373984362287309017989
72-75-University of Minnesota: CarlsonUS2007108,994108,994966999905288 (94)7427311730241160710843914
738678792University of Washington: FosterUS2010109,0881,970109,0881,97090175990813191 (100)11682923401911902791318055090242632
7497--Georgia Institute of Technology: SchellerUS2012110,1185,118110,1185,11886266028431195 (100)154122265703251962092100090261832
746367687Wisconsin School of BusinessUS2009108,9902,467108,9902,4671099369448891 (100)4642032416236230970096840920601159
7677--Incae Business SchoolCosta Rica201283,9165,29684,4114,801131252312954971 (97)248210035513150562180542161902n/a094
77-65-Michigan State University: BroadUS200998,78498,784101509165284 (100)492920262234949980895338
776861697Boston University School of ManagementUS2008106,8792,083106,7621,9669817380785787 (93)1452713433828371381086945086145159
79-57-George Washington UniversityUS2011104,814104,8141047270668685 (90)643028122433261540984870
807879792Wake Forest University: BabcockUS2010108,737217108,737217127176473684791 (100)1722612581746220102099780921n/a078
815372693University of California at Irvine: MerageUS201199,3332,16299,3332,162971679100518392 (100)10884222631933114313747483098056241
828082813University of British Columbia: SauderCanada201181,0287,86680,8987,9967643553947987 (95)467195337294691581314224630982181120
83---University of Pittsburgh: KatzUS200988,78388,7831373186967384 (95)98283061637348940916649
838889873University of Edinburgh Business SchoolFeatured business schoolUK201097,7334,33597,7334,3356312752799695 (95)987330441231114239603162324087246181
858071793University of Notre Dame: MendozaUS2008106,3411,915106,1711,74310437156595087 (98)11692402201021112025098310861n/a032
86---Northeastern University: D'Amore-McKimUS-93,82493,8241128126737095 (100)83273419293056274091n/a70
866875761Birmingham Business SchoolUK201287,2749,84587,2749,845870635979899 (85)3922513105203939215903097088329781
867898875University College Dublin: SmurfitIreland2012102,0263,328102,0263,32870212728899100 (90)010024127216141356949733480970501376
896867758Thunderbird School of Global ManagementUS201199,7072,932100,8032,1818996269388252 (85)123629127223029161636234291901n/a081
906464739University of Iowa: TippieUS201292,97832092,97832012894198584288 (99)79524129151811832456373810829711359
91-73-Aston Business SchoolFeatured business schoolUK201083,28683,286851623617689 (96)9035304046933337460804081
9168--S P Jain School of Global ManagementDubai / Singapore-78,93767079,8091,703146403504210100 (91)077241322225028723972575257907229n/a094
93---University of St GallenSwitzerland-91,10691,106601378808578 (92)79925456684644511836278
945574744Durham University Business SchoolUK201291,7189,46391,7189,46361281734869168 (84)149026135345659791635432761885321889
9580678110University of South Carolina: MooreUS201093,0531,75693,0531,756105125896766874 (90)893221324121235243605330824721049
95649384IpadeMexico201290,9005,82990,9005,82917637532821386 (100)1476112274081521129169151321n/a098
95908991Bradford University School of ManagementUK201287,22887,2281101042996191 (74)8033274228100850910793689
989183912Brigham Young University: MarriottUS2008101,0111,454101,1891,632118162593564088 (100)14671118822014165100850882n/a053
988896949SMU: CoxUS2010101,2861,864101,2861,8649018568205681 (100)14592802211022342213286770921n/a059
1008499943Babson College: OlinUS2008106,5066,886106,5066,8868508931639281 (85)333272291151191591012151800811n/a078
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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 197 points separate the top school from the school at number 100 in the ranking. The top 10 schools, from Stanford GSB to Hong Kong UST Business School, form the leading group of world-class business schools. A total of 63 points separate Stanford from HKUST. The second group is headed by the Indian Institute of Management, -Ahmedabad, which scored 68 points more than SDA Bocconi, leader of the third group. The fourth group, which includes schools ranked from 72nd to 100th, is headed by University of Minnesota: Carlson.
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 2012 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 2011. 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. 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. 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 2011.

22. 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 2009 and October 2011. The rank combines the absolute number of publications with the number weighted relative to the faculty’s size.

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