The FT Masters in management 2017 ranking features 102 B-Schools programs across the globe, up from 93 last year based on various criteria. Indian top management institutes, Indian Institutes of Management (IIMs) have got down in the position from 2016 ranking. The Switzerland’s University of St Gallen has retained the number 1 rank for the seventh successive year in the 13th edition of FT Masters in Management 2017 Rankings.
The London Business School (LBS) is ranked 4th, moving up two places from the 6th rank it held in 2016 ranking exchanging places with ESCP Europe. HEC Paris, France retains the second spot but Essec Business School (France and Singapore) gets pushed down to the 5th rank by IE Business School that was in the 7th place in 2016. IE Business School, Spain Jumped to position 3 from its 7 position in the year 2016.
WHU Belsheim, Germany has improved its previous ranking 9th place in 2016 to 7th rank in 2017. ESADE Business School, Spain also moves up to 8th rank from the 9th position in the previous year. Ninth-ranked Cems is an international program (Cems Masters in International Management) provided through a network of 30 business schools, down five places from 2015, when it was last ranked. Bocconi, Italy is at 10, moving up one place from the 11th spot in 2016.
However, all the Indian Institutions slipped in the rankings when compared to the previous year 2016 ranking. IIM Ahmedabad leading the ranking from India, ranked 21 in current ranking, five points down from position 16 in 2016. IIM Bangalore fell from the 19th rank in 2016 to 26 this year and IIM Calcutta ranked 28 in FT Masters in Management 2017 Ranking, falling five places from its 23rd rank in the previous year position.
|2017 Ranking||2016 Ranking||School name||Country||Programme name|
|1||1||University of St Gallen||Switzerland||MA in Strategy and International Management|
|2||2||HEC Paris||France||HEC MSc in Management|
|3||7||IE Business School||Spain||Master in Management|
|4||6||London Business School||UK||Masters in Management|
|5||3||Essec Business School||France / Singapore||MSc in Management|
|6||4||ESCP Europe||FR / UK / DE / ES / IT||ESCP Europe Master in Management|
|7||9||WHU Beisheim||Germany||MSc in Management|
|8||9||Esade Business School||Spain||MSc in International Management|
|9||–||Cems||See table note||Cems Masters in International Management|
|10||11||Università Bocconi||Italy||MSc in International Management|
|11||5||Rotterdam School of Management, Erasmus University||Netherlands||MSc in International Management|
|12||14||University of Mannheim||Germany||Mannheim Master in Management|
|13||8||WU (Vienna University of Economics and Business)||Austria||Master in International Management|
|14||20||Imperial College Business School||UK||MSc in Management|
|15||22||University College Dublin: Smurfit||Ireland||MSc in International Management|
|16||15||Edhec Business School||France||Edhec Master in Management|
|17||17||Nova School of Business and Economics||Portugal||International Masters in Management|
|18||38||City University: Cass||UK||MSc in Management|
|19||30||HEC Lausanne||Switzerland||MSc in Management|
|20||21||HHL Leipzig Graduate School of Management||Germany||MSc in Management|
|21||16||Indian Institute of Management Ahmedabad||India||Post Graduate Programme in Management|
|21||36||Warwick Business School||UK||MSc in Management|
|23||28||Stockholm School of Economics||Sweden||MSc in International Business|
|23||39||St Petersburg State University Graduate School of Management||Russia||Master in Management|
|25||44||University of Sydney Business School||Australia||Master of Management|
|26||19||Indian Institute of Management Bangalore||India||Post Graduate Programme in Management|
|27||26||EMLyon Business School||France||MSc in Management|
|28||23||Indian Institute of Management Calcutta||India||Post Graduate Programme in Management|
|29||24||Audencia Business School||France||MSc in Management-Engineering|
|30||29||Antwerp Management School||Belgium||Master of Global Management|
FT Masters in Management 2017 Ranking Methodology
FT laid down the strict criteria for Schools to be eligible for evaluation. The schools must be either AACSB or Equis accredited and their programmes must be full-time, cohort-based and have a minimum of 30 graduates each year.
The rankings are calculated according to information collected through two separate surveys, the first completed by the business schools and the second by alumni who graduated in 2014.
Meanwhile, FT has changed its methodology and started collecting information about alumni’s first jobs after graduation. These data are used in conjunction with information about their current jobs, three years later. It enables FT to calculate their salary increase since graduation as well as their career progress, which is based on changes in alumni’s level of seniority and the size of the company they work for between graduation and three years after graduation.
The first placed St Gallen notched up good scores in the international criteria with more than 90% of the students and 80% of the faculty coming from other countries. It is ranked second for international exposure and mobility of the students during the program.
Meanwhile, alumni from the Indian Institute of Management Ahmedabad managed to draw the highest salary of $116,476 followed by IIM Bangalore at $116,094 with Gallen on the third spot in the category at $114,449.
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