Financial Times Global MBA Ranking 2018
Insead Slip & Stanford Graduate School of Business on Top in 2018
Two-year MBAs are holding their own. Stanford Graduate School of Business is back at the top of the FT Global MBA ranking and two-year programmes occupy nine out of the first 10 places. Insead’s one-year MBA, top for the past two years, falls to second place.
University of Pennsylvania: Wharton remains third, while London Business School’s two-year programme, up to fourth place after a rare drop outside the top five, is the top British MBA. Meanwhile, Cambridge Judge Business School’s one-year MBA slips eight places to 13th. Harvard Business School drops to fifth, its lowest rank since 2008.
Overall, a majority of two-year programmes rise or maintain position in this year ranking (31 up and 21 down) while their one-year rivals lose places (14 up and 21 down). Jones Graduate School of Business at Rice University in Houston makes the biggest jump, up 19 places to 45.
While there are some variations, the overall number of enrolled students at FT-ranked schools in the US in 2017 has remained stable at about 12,000. A little more than half of schools enrolled more students last year than in 2016. A majority of US schools have recruited fewer international students, but the average proportion for ranked institutions is down by only one percentage point to 38 per cent.
This is the second time that Stanford has headed the ranking, six years after it first topped the table. Its alumni led the way thanks to a significant salary boost, up nearly $20,000 to $214,000. This is the highest average salary (not adjusted for inflation) since the inaugural ranking in 1999.
Despite the school being in Silicon Valley in California, a third of alumni work in corporate finance. “Hedge funds pretty much hire from the top three US schools only [Harvard, Stanford and Wharton]. I simply wouldn’t have been able to land the job I have without Stanford,” said one graduate who was a consultant prior to his MBA.
Stanford was also praised for its focus on personal development. “It was a transformative experience with maximum development of intra- and interpersonal skills,” said another graduate. More than a quarter of the latest graduating cohort did an internship abroad, the highest among ranked US schools, where the average is 4 per cent. The school is 32 overall for international course experience.