Top MBA Colleges in the World - Ranking 2017

Global MBA Rankings 2017 - Top Business Schools in the World


Here's a list of the Top MBA colleges in the world for the year 2017 as per the latest rankings released by the Financial Times Global MBA Ranking 2017 in the month of January this year.

Insead of France and Singapore secured the top position while Stanford Graduate School of Business came in second this year. At number three is University of Pennsylvania (Wharton) while Harvard Business School comes in 4th. University of Cambridge (Judge Business School) is ranked fifth this year, which is the first time the university has been ranked in the top five schools. This was also the first year that the London Business School has not featured in the top five universities, dropping to sixth position in 2017.

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Four MBA colleges from India feature in the top 100 this year. Indian School of Business ranked at 27 secures the top most position in the top Business Schools from India in this featured list. Indian Institute of Management (Ahmedabad), Indian Institute of Management (Bangalore) and Indian Institute of Management (Calcutta) secure the 29th, 49th and 95th positions respectively.

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The list includes B-schools that offer the traditional two year MBA (such as Harvard Business School, London Business School) as well as MBA institutes that offer the increasingly popular one year MBA (such as Insead and IMD, Switzerland). The video below highlights the top five b-schools in the world and the list below details the top 100 management schools globally.

World's Top 100 MBA Colleges 2017*

Rank 2017 Business School Country
1 Insead France / Singapore
2 Stanford Graduate School of Business US
3 University of Pennsylvania: Wharton US
4 Harvard Business School US
5 University of Cambridge: Judge UK
6 London Business School UK
7 Columbia Business School US
8 IE Business School Spain
9 University of Chicago: Booth US
10 Iese Business School Spain
11 Ceibs China
12 Northwestern University: Kellogg US
13 MIT: Sloan US
13 University of California at Berkeley: Haas US
15 HKUST Business School China
15 Yale School of Management US
17 Esade Business School Spain
18 Dartmouth College: Tuck US
19 New York University: Stern US
20 HEC Paris France
21 IMD Switzerland
22 SDA Bocconi Italy
23 University of Michigan: Ross US
24 Duke University: Fuqua US
24 Nanyang Business School Singapore
26 National University of Singapore Business School Singapore
27 Cornell University: Johnson US
27 Indian School of Business India
29 Indian Institute of Management Ahmedabad India
30 Alliance Manchester Business School UK
31 Rotterdam School of Management, Erasmus University Netherlands
32 UCLA: Anderson US
33 University of Oxford: Saïd UK
34 Shanghai Jiao Tong University: Antai China
35 University of Virginia: Darden US
36 CUHK Business School China
37 City University: Cass UK
38 Carnegie Mellon: Tepper US
39 University of Hong Kong China
40 Georgetown University: McDonough US
41 University of Washington: Foster US
42 Lancaster University Management School UK
43 University of North Carolina: Kenan-Flagler US
44 Warwick Business School UK
45 Imperial College Business School UK
46 University of Texas at Austin: McCombs US
47 Indiana University: Kelley US
48 University of Southern California: Marshall US
49 Macquarie Graduate School of Management Australia
49 Indian Institute of Management Bangalore India
51 Emory University: Goizueta US
52 University of Maryland: Smith US
53 Cranfield School of Management UK
54 Mannheim Business School Germany
54 Sungkyunkwan University GSB South Korea
54 AGSM at UNSW Business School Australia
57 Arizona State University: Carey US
58 Michigan State University: Broad US
59 University of St Gallen Switzerland
60 University of Notre Dame: Mendoza US
61 Georgia Institute of Technology: Scheller US
62 University of California at Irvine: Merage US
63 Ohio State University: Fisher US
64 Rice University: Jones US
65 Brigham Young University: Marriott US
65 University of Toronto: Rotman Canada
65 Wisconsin School of Business US
68 Washington University: Olin US
69 Purdue University: Krannert US
70 Rutgers Business School US
70 The Lisbon MBA Portugal
70 ESMT Berlin Germany
70 University College Dublin: Smurfit Ireland
74 Edhec Business School France
75 Durham University Business School UK
76 Melbourne Business School Australia
77 University of South Carolina: Moore US
77 University of Rochester: Simon US
79 Vanderbilt University: Owen US
80 University of Strathclyde Business School UK
80 Boston College: Carroll US
82 Boston University: Questrom US
83 University of Illinois at Urbana-Champaign US
84 University of Iowa: Tippie US
85 University of Pittsburgh: Katz US
86 George Washington University US
87 Babson College: Olin US
88 University of Minnesota: Carlson US
89 Incae Business School Costa Rica
89 Pennsylvania State University: Smeal US
91 University of Edinburgh Business School UK
92 Grenoble Ecole de Management France
93 University of Texas at Dallas: Jindal US
94 Western University: Ivey Canada
95 Indian Institute of Management Calcutta India
95 Temple University: Fox US
97 Ipade Business School Mexico
97 Birmingham Business School UK
99 Vlerick Business School Belgium
100 Queen's University: Smith Canada

Criteria for Ranking of Management Colleges and Other Details

The programmes shortlisted for the FT rankings are evaluated across a wide range of 20 different criteria which includes the average starting salaries of graduates, diversity of staff, board members, students by gender, nationality, the MBA's international reach, and value for money. The complete list of criteria is given below.

  1. Weighted salary
  2. Salary increase
  3. Value for money
  4. Career progress
  5. Aims achieved
  6. Careers service
  7. Employed at three months
  8. Alumni recommend
  9. Female faculty
  10. Female students
  11. Women on board
  12. International faculty
  13. International students
  14. International board
  15. International mobility
  16. International course experience
  17. Languages
  18. Faculty with doctorates
  19. PhD graduates
  20. FT research rank

For colleges to participate, a school should be mandatorily accredited by AACSB or Equis. It is also compulsory that the programme be running for at least four years. The school's first class should have also graduated at least three years before the rankings were published. In the 2017 edition as many as 156 schools took part. Schools also needed to have a minimum of 20 percent of alumni reply to the survey sent by FT, with at least 20 complete responses.

While we await for the 2018 rankings for the Top MBA schools in the world, shortlisting universities that encourage international diversity and study abroad destinations that are perfect for international students should definitely be taken a look at.

*Source: http://rankings.ft.com/businessschoolrankings/global-mba-ranking-2017

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