Even as European & Asian B-schools climb up the Financial Times MBA Rankings, Harvard Business School has managed to stay on top. It has been ranked as World's No 1 Business by London based Financial Times in its latest rankings release on Jan 26, 2015
London Business School edge out Stanford University’s Graduate School of Business for second place on this prestigious. Stanford dropped into a tie for fourth slot with INSEAD, behind the University of Pennsylvania’s Wharton School which was ranked as # 3.
Three Indian B-schools - IIM A, ISB and IIM B are ranked in the survey.
IIM A moves up
IIMA’s position in FT’s ranking has moved up to # 26 this year, from # 30 last year. Commenting on the gains, Dr Ashish Nanda, Director, IIM A said, "Although gratified by the improvement in our rank, let me reiterate that we look at good rankings as the result of achieving our goals, rather than the goal itself. Having said that, rankings are indicators of how we are doing, compared to other institutions, and provide an insight into what we are doing well and what we need to work on more. Our students have a rich learning experience recognized by the recruiters, as evidenced by our high ranking in the salary of graduates, value for money, career progress, and placement success metrics. We lag other institutions on measures of gender diversity and international composition."
Big trend
A big trend observed this year is the rise of European & Asian B-schools on FT Rankings. Shanghai based CEIBS rose six spots to its highest rank ever - #11. It was ranked # 24 in 2012. HEC Paris and SDA Bocconi each moved up five places to finish 16th and 26th, respectively. Imperial Business School in London jumped 15 spots to finish 34th.
159 participants
The FT ranking evaluates the world’s best full-time MBA programmes. This year, a record 159 schools took part. The ranking is compiled using data collected from the schools and a survey of alumni who completed full-time MBAs in 2011. Alumni responses inform eight criteria that together contribute 59 per cent of the ranking’s weight.
Eleven criteria are calculated from school data, accounting for 31 per cent of the final ranking. These measure the diversity of staff, board members and students by gender and nationality, and the international reach of the MBA.
Financial Times Full Time MBA Rankings 2015
Rank in 2015
|
Rank in 2014
|
Rank in 2013
|
3 year average rank
|
School name
|
Country
|
1
|
1
|
1
|
1
|
Harvard Business School
|
US
|
2
|
3
|
4
|
3
|
London Business School
|
UK
|
3
|
4
|
3
|
3
|
University of Pennsylvania: Wharton
|
US
|
4=
|
2
|
2
|
3
|
Stanford Graduate School of Business
|
US
|
4=
|
5
|
6
|
5
|
Insead
|
France/Singapore
|
6
|
5
|
5
|
5
|
Columbia Business School
|
US
|
7
|
7
|
7
|
7
|
Iese Business School
|
Spain
|
8
|
8
|
9
|
8
|
MIT: Sloan
|
US
|
9
|
9
|
10
|
9
|
University of Chicago: Booth
|
US
|
10
|
11
|
12
|
11
|
University of California at Berkeley: Haas
|
US
|
26=
|
30
|
26
|
27
|
Indian Institute of Management, Ahmedabad
|
India 2015
|
33
|
36
|
34
|
34
|
Indian School of Business
|
India
|
82
|
68
|
-
|
-
|
Indian Institute of Management, Bangalore
|
India
|
Stay tuned to MBAUniverse.com for more updates on FT ranking 2015