INSEAD proved again as the world’s best B-school for the second consecutive year in the Financial Times Global MBA Ranking of the best 100 programmes for 2017. Stanford Graduate School of Business in California occupied the second position improving three places from its fifth position in 2016.The Wharton School of the University of Pennsylvania is in the third place, followed by the Harvard Business School. Judge Business School of the University of Cambridge jumped five places to No. 5 completes the top five.
From India, Indian School of Business (ISB) has been ranked best, jumped two places to the 27th rank in Global MBA Ranking. Other than ISB, Indian Institute of Management (IIM) Ahmedabad, IIM Bangalore and IIM Calcutta were the top schools from India finding a mention in the best 100 programmes worldwide. IIM Ahmedabad has slipped five places to 29th position this year, while IIM Bangalore has been ranked at 49th position up from 62 as against the year before. IIM Calcutta is at 95th position.
As reported by ISB Hyderabad spokesperson that in 2017, “We are ahead of IIM-Ahmedabad and occupies the top position from India”. The research by our faculty members and better salary offerings to our students is helping us climb the global rankings, the ISB spokesperson said.
Prestigious schools lost ground. Harvard Business School, London Business School and MIT Sloan School of Management all top names in management education were encroach by competitors. This is the first time in nine years that Harvard is outside of the top-three, fell two places to fourth.LBS fall three places to sixth, it’s poorest showing in 14 years. The first time in a decade that MIT Sloan has been outside of the top 10, fell to No. 13 in the latest rankings.
The FT’s ranking is based on surveys of business schools and their graduates of 2013. MBA programs are assessed according to the career progression of their alumni, the school’s idea generation and the diversity of students and faculty.
INSEAD is recognized for a one-year program, a strong international culture, owing to its two campuses in France and Singapore, and an extensive alumni network. The FT ranked INSEAD third for international mobility and sixth for international course experience.
US business schools have a strong showing. Their number in the FT’s ranking of the 100 best programs increased to 51, after falling to 47 in 2016. Six of the eight new or returning schools are from the US.
China Europe International Business School (CEIBS) from Sanghai is the top-ranked B-School from Asia with a rank of 11—up from 17 in 2016.
Canadian schools continue to lose ground. Only three of their B-School remain in the ranking compared with five last year and all fall about six places.
Australian and Spanish schools are doing better as each country’s three representatives have risen up the ranking.
List of Top 30 B-School according to FT Global MBA Ranking
Source: FT Global MBA Ranking 2017