Recently, the Financial Times (FT) released the 2024 global MBA rankings. This ranking is highly recognized by industry insiders and is also one of the important references for MBA school selection. As one of the world's most recognized authoritative rankings, the FT Global MBA Program List is released annually to comprehensively evaluate and rank the MBA programs of major business schools around the world. The FT Global MBA Program is highly rigorous and comprehensive, and the results reflect the competitive landscape of major business schools around the world.
Ranking metrics
The Financial Times' ranking methodology relies on 21 indicatorsThe most important indicator is based on alumni feedback three years after graduationIt accounts for 56% of the eight indicators. This is followed by an examination of institutions, covering 12 indicators, accounting for 34% of the total score, and finally research data, accounting for 10%. The methodology has evolved over time to better take into account environmental, social, and governance metrics.
Among them,The largest proportion is:Employment rate three years after graduation, alumni salary, salary increase, investment cost performance, and goal achievement. Other key metrics include: diversity of students and faculty, global mobility of students, and the number of studies published by the school in reputable journals.
Changes have also been made to some of the indicators this year:Reduce the weight of compensation and salary increase ratio, and strengthen the weight of ESG rankings. These include focusing on ESG topics based on the proportion of core teaching time, including alumni assessment of the school's ESG teaching; The Carbon Footprint Rankings have also been updated to provide more granular analysis of school performance and resilience.
Ranking highlights
Wharton is back in the top 1 of the list.
Second place continues at INSEAD in France.
Columbia Business School and Italy's Bocconi School of Management tied for third place. Among them, Bocconi School of Management has risen in the ranking since 2022 (13 3).
Harvard Business School, which ranked No. 4 last year, has fallen to No. 11 this year; Stanford University's Graduate School of Business, which also ranked fourth last year, fell to 23rd this year.
Spain's IESE Business School, which ranked third last year, dropped to fifth this year.
Northwestern University's Kellogg School of Management and MIT's Sloan School of Business are tied for No. 6.
7th and 10th: London Business School (8), Cornell Johnson School of Management (9), University of Chicago Booth School of Business (10).
A total of 10 institutions in the UK are on the listAmong them,Edinburgh Business SchoolIt is a new business school on this year's list, ranking 92nd in the world and 29th in Europe; London Business School continues to lead the UK, ranking 8th in the world and 4th in Europe.