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Masters in Management 2015

	2015	2014	2013	Three-year average	School name	Country	Programme name	Salary today (US$)^[1]	Weighted sal. ($)^[2]	Value^[3]	Careers^[4]	Aims achieved^[5]	Placements^[6]	Employment^[7]	Wom. faculty^[8]	Wom. students^[9]	Wom. board^[10]	Intl. faculty^[11]	Intl. students^[12]	Intl. board^[13]	Intl. mobility^[14]	Intl. course^[15]	Languages^[16]	PhD Faculty^[17]	Maximum course fee (local currency)	Prog. length^[18]	Number enrolled 2014/15	Relevant degree	Internships^[19]
	1	1	1	10	University of St Gallen	Switzerland	Master of Arts in Strategy and International Management	89,60010,028	89,60010,028	43	237	95	31	100 (92)0	110	406	31	770	893	5017	76	13	10	1000	SFr9,978	252	47	Yes	1000
	2	2	4	30	HEC Paris	France	HEC MSc in Management	86,3545,072	83,3094,484	346	121	93	50	97 (68)0	220	414	13	650	442	650	60	64	20	1000	36,000	180	489	No	1000
	3	3	8	50	Essec Business School	France	MSc in Management	82,1504,364	81,7124,261	444	44	92	112	94 (80)3	291	494	10	510	332	502	93	95	11	980	38,000	210	702	No	1000
	4	5	7	50	Cems	See table note	Masters in International Management	68,4865,214	68,7745,306	108	3410	90	287	95 (65)2	330	471	33	980	940	950	50	43	20	922	11,086	120	1,182	No	1000
	5	8	5	61	Rotterdam School of Management, Erasmus University	Netherlands	MSc in International Management	80,11412,418	80,11412,418	165	2230	91	203	87 (98)1	255	3513	32	475	703	344	11	51	20	1000	16,400	180	60	Yes	817
	6	10	-	-	London Business School	UK	Masters in Management	78,8145,059	77,0066,592	3710	644	94	94	97 (96)1	273	400	33	860	961	678	35	416	10	1000	£27,500	120	176	No	7575
	7	7	2	51	ESCP Europe	France, UK, Germany, Spain, Italy	ESCP Europe Master in Management	69,4723,868	69,3593,955	535	261	91	121	88 (63)5	351	482	35	714	765	520	130	107	20	950	35,800	180	804	No	1000
	8	4	3	5	WHU – Otto Beisheim School of Management	Germany	MSc in Management	98,1234,175	98,1234,175	149	2011	94	10	95 (93)5	154	2712	14	254	210	260	466	341	00	1000	22,800	201	94	Yes	1000
	9	12	17	134	Università Bocconi	Italy	MSc in International Management	70,1936,207	70,1936,207	424	192	91	87	93 (49)1	360	487	15	303	229	5510	40	225	11	901	24,922	280	128	No	1000
	10	9	5	81	IE Business School	Spain	Master in Management	70,6443,525	72,5691,694	504	75	89	3618	95 (88)0	372	380	46	583	650	842	159	454	10	971	32,200	100	483	No	341
	11	14	-	-	EBS Business School	Germany	Master in Management	85,0663,332	85,0663,332	338	915	95	104	85 (86)1	215	391	50	242	4214	00	4310	300	00	1000	23,850	200	96	No	1000
	12	6	10	91	Esade Business School	Spain	MSc in International Management	65,029618	65,029618	389	1610	90	171	94 (95)3	292	345	20	314	797	875	21	246	10	953	25,800	131	146	No	465
	13	22	22	193	WU (Vienna University of Economics and Business)	Austria	Master in International Management	64,7937,857	64,6997,860	214	4310	89	662	95 (100)2	372	6110	33	232	484	720	146	23	20	961	2,907	240	75	Yes	1000
	14	18	16	160	Mannheim Business School	Germany	Mannheim Master in Management	82,0945,227	82,1094,021	70	428	92	252	96 (80)2	360	450	20	223	233	200	669	2114	00	872	540	322	265	No	9610
	15	16	18	161	Indian Institute of Management Ahmedabad	India	Post Graduate Programme in Management	99,0494,571	99,5444,823	6510	30	86	21	100 (97)0	181	297	10	30	00	020	7211	561	00	1001	Rs1,375,000	220	394	No	1000
	16	13	19	16	Indian Institute of Management Calcutta	India	Post Graduate Programme in Management	93,1229,725	92,9649,879	454	10	87	42	100 (98)0	202	251	13	10	01	00	591	593	00	990	Rs1,650,000	220	462	No	1000
	17	11	9	122	HHL Leipzig Graduate School of Management	Germany	MSc in Management	90,7765,538	90,7765,538	326	6015	94	61	90 (89)0	1010	234	9	196	187	227	6311	139	20	1000	25,000	240	87	Yes	10038
	18	16	14	162	Edhec Business School	France	Edhec Master in Management	57,183195	57,119468	617	3214	88	190	96 (87)1	353	484	27	381	372	8013	268	185	21	892	32,000	244	998	No	1000
	19	19	12	172	Imperial College Business School	UK	MSc in Management	58,3102,837	56,8642,833	7310	4125	90	2919	90 (96)6	283	532	45	923	862	6414	121	7812	00	1000	£24,000	131	230	No	1010
	20	15	13	162	Grenoble Ecole de Management	France	Master in International Business	59,2103,476	58,4992,451	523	174	85	7213	93 (73)5	412	517	56	451	902	563	81	3924	10	822	23,553	240	261	No	853
	21	26	27	251	HEC Lausanne	Switzerland	MSc in Management	63,4648,746	63,4648,746	82	1021	84	681	94 (83)3	281	464	20	791	568	505	354	5810	11	1000	SFr2,520	240	153	Yes	873
	21	21	24	22	Iéseg School of Management	France	Msc in Management	49,644148	49,137498	7710	155	85	474	86 (92)0	444	470	10	843	2410	700	172	146	20	991	17,782	240	747	Yes	1000
	23	31	-	-	Warwick Business School	UK	Warwick Masters in Management	55,5563,407	55,5563,407	7610	1426	87	184	96 (90)1	342	529	20	782	902	208	399	8012	10	1000	£26,000	140	73	No	00
	24	24	14	213	City, University of London: Cass	UK	MSc in Management	59,5966,157	59,6655,931	483	526	89	5019	64 (92)14	291	523	45	691	912	552	166	6014	00	960	£18,000	120	151	No	00
	25	28	29	271	Skema Business School	France, US, China, Brazil	Global Master in Management	52,0402,810	51,9372,966	6811	2815	85	483	88 (70)4	462	572	39	391	429	6712	181	86	10	782	22,420	240	482	No	1000
	26	-	-	-	Indian Institute of Management Bangalore	India	Post Graduate Programme in Management	92,565	93,025	58	2	85	15	100 (100)	20	23	25	7	0	12	78	55	0	99	Rs2,500,000	21	406	No	100
	27	29	20	251	Eada Business School Barcelona	Spain	Master in International Management	60,0865,796	60,0865,796	473	81	91	391	90 (82)2	375	396	43	502	862	485	274	3814	10	635	21,200	120	84	No	1000
	28	27	-	-	Audencia Business School	France	MSc in Management-Engineering	57,7762,602	57,7762,602	363	62	88	3515	99 (100)5	410	234	20	400	151	5311	3424	252	20	810	16,950	161	104	No	1000
	28	37	41	352	Maastricht University School of Business and Economics	Netherlands	MSc in International Business	60,2963,721	60,4993,628	122	531	87	697	97 (89)1	236	425	21	501	650	640	234	402	10	970	13,500	163	541	No	86
	30	20	11	207	EMLyon Business School	France	MSc in Management	57,9623,107	57,8583,087	7110	312	87	339	83 (54)12	352	6810	11	464	4614	896	211	1514	20	950	32,000	240	801	No	1000
	31	48	54	447	Nova School of Business and Economics	Portugal	International Masters in Management	46,7365,334	46,9034,341	401	734	87	221	87 (98)2	404	517	33	290	7744	330	283	1214	20	1000	15,967	200	124	No	6411
	32	37	40	364	Copenhagen Business School	Denmark	MSc in General Management	61,4744,880	61,6245,154	33	458	89	766	81 (97)1	342	460	36	413	628	90	2210	522	00	902	Kr12,500	324	550	Yes	90
	33	25	34	312	Institut Mines-Télécom Business School	France	Master in Management	52,3892,154	52,6832,050	241	4834	86	261	88 (68)2	500	482	36	533	310	450	3711	331	10	760	12,400	310	397	No	1000
	34	34	42	373	Antwerp Management School	Belgium	Master of Global Management	50,1205,044	50,1205,044	3011	2410	85	4111	86 (93)4	292	436	36	4214	649	7317	5712	713	01	861	27,500	100	67	No	1000
	34	40	39	38	Neoma Business School	France	Master in Management	51,6942,287	51,5342,372	597	182	85	312	91 (77)3	444	540	38	518	335	3838	525	192	20	8611	20,400	236	1,369	No	1000
	36	44	47	423	Shanghai Jiao Tong University: Antai	China	Master of Management Science and Engineering	64,5471,750	64,5471,750	22	3817	88	71	100 (100)0	301	5113	16	30	5530	421	799	647	10	911	Rmb50,000	300	69	No	814
	36	30	26	316	Toulouse Business School	France	Master in Management	51,7442,324	51,7022,321	7011	254	84	548	91 (63)1	422	512	40	432	330	300	389	167	20	920	18,200	200	692	No	1000
	38	39	31	364	Solvay Brussels School of Economics and Management	Belgium	Master in Business Engineering	55,3522,465	55,4282,662	510	3620	88	214	95 (79)2	214	331	55	413	101	4510	4912	272	20	980	9,360	252	187	Yes	1000
	39	47	49	45	University of Sydney Business School	Australia	Master of Management	56,2662,814	56,2662,814	464	478	86	5125	78 (81)21	382	5013	12	311	7225	00	112	4721	00	851	A$60,000	152	145	No	1000
	40	36	29	353	Vlerick Business School	Belgium	Masters in General Management	60,9993,161	60,0002,232	156	3011	86	131	97 (97)3	290	4313	17	240	152	920	604	5010	10	900	14,000	100	134	No	1000
	41	32	36	363	Montpellier Business School	France	Master in Management	46,1342,065	46,1501,855	7410	397	83	4511	99 (91)4	482	510	53	431	449	330	475	172	20	895	20,000	300	439	No	1000
	42	35	25	345	Kozminski University	Poland	Master in Management	66,69010,317	66,69010,069	2210	4411	85	235	94 (88)4	331	490	15	220	144	695	7610	351	10	880	Zloty20,800	240	76	No	424
	43	40	28	375	Louvain School of Management	Belgium	Master in Business Engineering	53,1734,288	53,5864,257	183	3722	85	5619	97 (71)4	352	355	31	230	102	5427	445	232	20	1000	7,690	231	229	Yes	1000
	44	33	23	338	Stockholm School of Economics	Sweden	MSc in International Business	58,231173	58,231179	96	6827	88	348	93 (90)29	252	422	14	310	526	00	456	437	20	964	SKr300,000	210	40	Yes	026
	45	42	38	42	Kedge Business School	France	Master in Management	47,330708	47,344636	6911	292	81	5511	86 (86)3	241	500	36	444	361	3939	302	204	20	910	22,400	300	1,398	No	1000
	46	56	65	56	St Petersburg University GSOM	Russia	Master in Management	50,09010,065	50,09010,065	269	332	89	5810	87 (78)1	531	628	11	53	117	280	2915	321	10	920	Rub770,000	221	90	No	1000
	47	-	44	-	Sun Yat-sen Business School	China	Master in Management	55,288	55,288	1	35	88	14	99 (100)	30	44	14	9	11	71	80	63	1	95	Rmb16,000	26	75	No	87
	48	64	-	-	La Rochelle Business School	France	Master in Management	43,8253,762	43,2003,430	7510	2141	84	604	82 (83)1	498	511	12	4312	142	330	533	39	20	743	19,000	294	293	No	1000
	49	43	33	425	University of Strathclyde Business School	UK	Strathclyde MBM	49,8758,085	49,8758,085	8010	57	85	6322	90 (79)1	352	3811	35	4513	9511	470	3216	612	00	824	£15,000	120	60	No	00
	50	51	60	541	ICN Business School	France	Master in Management	48,6124,084	48,1714,130	7210	5816	86	423	90 (61)5	476	510	15	473	203	150	313	314	20	835	18,600	331	483	No	1000
	51	-	-	-	Essca School of Management	France	Essca Master in Management	49,013	48,741	57	50	87	32	90 (86)	33	52	33	48	39	56	70	26	2	88	9,190	22	452	No	100
	52	65	-	-	Tongji University School of Economics and Management	China	Master in Management	49,81914,272	49,81914,272	1321	1115	85	1645	99 (100)0	362	611	33	40	172	4216	756	483	10	892	Rmb90,000	300	183	Yes	1000
	52	49	-	-	University of British Columbia: Sauder	Canada	Master of Management	47,927285	47,927285	399	678	85	279	73 (96)11	253	4910	29	801	5310	201	249	688	00	991	C$39,595	110	49	No	00
	54	46	43	485	Aalto University	Finland	MSc in Economics and Business Administration	55,2933,433	54,9793,450	610	7211	87	5710	98 (93)2	341	433	43	213	205	430	739	370	20	951	114	240	490	No	166
	55	54	54	545	IAE Aix-Marseille Graduate School of Management	France	MSc in Management	47,566338	47,788226	193	1315	82	498	87 (82)28	400	574	31	172	203	720	485	423	10	880	4,255	243	471	No	1000
	56	45	56	521	University College Dublin: Smurfit	Ireland	MSc in Business	55,95866	55,97567	2512	7714	86	6213	58 (59)1	365	442	17	503	615	6120	192	725	00	1000	17,400	120	93	Yes	00
	57	57	50	551	Durham University Business School	UK	MSc in Management	52,4015,247	52,0655,248	415	691	87	380	92 (71)8	342	683	39	662	881	391	513	7310	00	974	£18,000	142	327	No	00
	58	-	-	-	IQS/FJU/USF	Spain, Taiwan, US	Master in Global Entrepreneurial Management	60,600	60,600	62	80	91	65	n/a	30	49	70	58	84	70	10	36	0	88	26,000	12	37	No	100
	59	49	52	532	Católica Lisbon School of Business and Economics	Portugal	International MSc in Management	40,2561,194	40,3121,250	430	651	83	2412	98 (99)1	330	5610	29	382	364	240	627	291	20	980	13,120	182	144	Yes	539
	60	66	64	630	Nyenrode Business Universiteit	Netherlands	MSc in Management	56,8942,066	56,8942,033	492	492	88	374	70 (78)4	266	446	11	187	133	3322	642	512	00	9534	17,250	120	94	No	3466
	61	59	45	550	University of Bradford School of Management	UK	MSc in Management	45,5554,770	45,5554,770	544	558	87	4612	89 (40)3	421	369	27	312	964	459	2510	713	00	853	£13,500	120	105	No	00
	62	-	63	-	University of Edinburgh Business School	UK	Msc in Management	42,944	42,944	64	61	89	53	84 (63)	34	66	35	58	90	47	41	66	0	94	£21,350	12	59	No	2
	63	61	58	612	Leeds University Business School	UK	MSc in International Business	39,9252,740	39,9252,740	7910	5113	90	3020	87 (70)3	391	571	40	485	914	503	6110	7611	00	886	£19,000	140	149	No	84
	64	60	61	626	NHH Norwegian School of Economics	Norway	MSc in Economics and Business Administration	57,8805,375	57,7015,309	113	714	87	648	79 (42)4	262	391	36	271	110	90	685	468	10	963	NKr3,120	252	639	Yes	100
	65	52	53	574	Tias Business School, Tilburg University	Netherlands	International MSc in Business Administration	49,8201,902	49,8201,902	565	7616	86	7116	92 (87)5	262	5913	20	402	562	00	421	544	00	923	19,900	140	71	No	1111
	66	53	59	596	University of Cologne	Germany	MSc in Business Administration	66,9431,687	67,0371,574	284	274	86	7825	60 (22)2	201	406	50	60	81	100	672	6718	10	883	982	251	278	No	219
	67	-	-	-	Hanken School of Economics	Finland	MSc in Economics and Business Administration	48,840	48,232	20	79	85	77	98 (89)	40	55	50	22	11	0	56	53	0	94	240	26	337	No	56
	68	70	68	691	Corvinus University of Budapest	Hungary	MSc in Management and Leadership	40,8021,162	40,8021,162	171	4618	86	4025	97 (41)9	430	635	12	72	310	3823	502	5713	10	791	Ft3,160,000	210	172	No	00
	69	-	-	-	EM Normandie	France	Master in Management	41,937	42,046	60	70	81	70	75 (59)	48	49	27	38	20	27	36	11	2	69	17,980	28	549	No	100
	70	55	46	571	Alliance Manchester Business School	UK	MSc in International Business and Management	42,4302,637	42,4302,637	6613	578	80	8020	94 (52)20	362	582	38	396	931	153	335	7713	00	862	£18,500	153	103	No	00
	71	58	51	606	University of Bath School of Management	UK	MSc in Management	37,274374	37,274374	7810	625	85	522	98 (69)8	303	643	27	663	722	93	7125	7027	00	990	£18,000	142	99	No	00
	72	69	66	693	University of Economics, Prague	Czech Republic	Business Administration and Management	37,4011,358	37,5721,395	273	568	82	747	93 (80)5	482	5116	19	101	198	335	581	628	10	8413	3,800	282	424	No	132
	73	67	70	701	BI Norwegian Business School	Norway	MSc in Business	55,7334,735	55,6824,684	354	661	88	7322	96 (90)4	250	402	62	246	187	120	7710	492	00	700	NKr85,400	230	323	Yes	163
	74	62	67	685	Lancaster University Management School	UK	MSc in Management	39,3921,115	39,3921,115	6711	7416	90	448	76 (58)6	282	663	33	515	865	332	5519	7412	00	935	£17,000	120	73	No	6110
	75	68	69	71	Warsaw School of Economics	Poland	MSc in Management	41,1042,844	41,1042,844	233	404	82	594	96 (31)8	440	565	67	10	154	110	746	6917	10	961	Zero	230	290	No	843
	76	-	-	-	Burgundy School of Business	France	Master in Management	43,114	42,261	55	75	84	79	90 (81)	40	50	45	37	24	30	65	28	1	77	17,600	30	495	No	100
	77	-	-	-	ESC Clermont	France	Master in Management	44,985	44,564	51	54	80	67	87 (79)	56	41	25	41	13	8	40	44	2	72	16,500	24	106	No	100
	78	63	62	684	Politecnico di Milano School of Management	Italy	MSc in Management Engineering	43,4701,524	43,4701,524	316	5937	83	4311	97 (67)19	294	315	33	33	2359	730	201	7514	00	7111	6,717	250	533	No	416
	79	-	57	-	Aarhus BSS	Denmark	MSc in Finance and International Business	54,456	54,456	29	78	85	61	76 (35)	41	26	33	23	10	56	54	65	0	84	20,000	29	84	Yes	23
	80	-	-	-	University of Exeter Business School	UK	MSc in International Management	39,172	39,172	63	63	82	75	91 (27)	36	58	29	49	86	24	69	79	0	78	£18,000	11	159	No	0
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Table notesAlthough the headline ranking figures show changes in the data year to year, the pattern of clustering among the schools is equally significant. Some 215 points separate the top programme, University of St Gallen, from the school ranked number 80. The top 12 participants, from University of St Gallen to Esade Business School, form the top group of Masters in Management providers. The second group, headed by WU (Vienna University of Economics and Business), spans schools ranked 13th to 41st. Differences between schools are small within this group. The 26 schools within the third group headed by Kozminski University are similarly close together. The remaining 13 schools headed by Corvinus University of Budapest make up the fourth group.

Footnotes

1. An average of salaries three years after graduation. The figure shown is in US Dollars (purchasing power parity equivalent). It is NOT used in the ranking.

2. The ‘salary today’ figure adjusted for salary variations between industry sectors. The figure shown is in US Dollars (PPP equivalent).

3. The rank is calculated using alumni salaries three years after graduation and course costs. The length of the course is also taken into consideration.

4. The career status of alumni three years after graduation. Progression is measured according to level of seniority and the size of company in which they are employed.

5. The extent to which alumni fulfilled their goals or reasons for doing a Masters in Management. This is measured as a percentage of total returns for a school.

6. Alumni who used the careers service at their business school were asked to rank its effectiveness in their job search.

7. The percentage of the most recent graduating class that were in employment three months after graduation. The figure in brackets shows the percentage of the class for which the school was able to provide employment data.

8. Percentage of female faculty.

9. Percentage of female students.

10. Percentage of female members of the advisory board.

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

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

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

14. A measure based on changes in the country of employment of alumni between graduation and today.

15. Weighted average of four criteria that measure international exposure during the Masters programme.

16. Number of additional languages required on graduation from the Masters programme.

17. Percentage of faculty with a doctoral degree.

18. The average length of the Masters programme (in months).

19. The percentage of the last graduating class that completed company internships as part of the Masters programme.

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