What the FT Global MBA rankings tell us
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Top spot in the 2015 Financial Times Global MBA ranking of the 100 best full-time MBA programmes goes to Harvard Business School, which saw off challenges from London Business School (second) and the Wharton School of the University of Pennsylvania (third) to keep its crown. Stanford Graduate School of Business, second last year, slipped to joint fourth with Insead.
The ranking is based on surveys of the business schools and their graduates of 2011. MBA programmes are assessed according to the career progression of alumni, the schools idea generation (see Key to the 2015 rankings) and the diversity of students and faculty.
It is the sixth time Harvard has topped the ranking and the third year in a row.
Its alumni have the highest average salary three years after graduation, at $179,910 (weighted), nearly doubling their pre-MBA pay. Harvard is among the top schools for career progression and its MBA was the most highly recommended by graduates of other schools. It also comes second for research and its doctoral programme.
Harvard alumni cite the impact of the schools reputation. Harvard Business School has opened a lot of doors and made people almost irrationally willing to hire me, wrote one graduate. Graduates can also rely on a large and active network. Alumni are incredibly generous with their time, said another graduate. Everyone will meet you for a coffee to share insights, advice and introductions.
The University of San Diego School of Business Administration is the highest new entrant, at 66th. Nine other schools not in last years ranking feature in 2015, including Queens School of Business in Ontario, which last reached the top 100 in 2006.
Chinas Fudan University School of Management and the UKs Lancaster University Management School recorded the strongest progress, climbing 28 and 27 places respectively to 55th and 50th places…
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