Business education in Europe appears to be booming, so which schools are the best?
Business education in Europe appears to be booming, with the latest figures from GMAC showing year-over-year growth in applications from candidates attracted to the shorter MBA courses, cheaper fees, and diverse cohorts of students. Even in the UK, previously assumed to suffer from Brexit, the education market is in fact flourishing, helped no doubt by the fall in the pound since the 2016 EU referendum. The UK maintained its dominance in the FT’s European Business Schools 2018 ranking, published today. London Business School held its spot at the top of the table, for the fifth year on the trot.
Check out the most recent Best European Business Schools Ranking
All told, there were 22 UK schools ranked this year, behind France with 25 ranked schools. But there were more UK schools in the top-25 of the ranking than any other nation—including Oxford Saïd, Warwick, Cambridge Judge, and .
The FT’s ranking of the best European business schools is compiled based on its rankings of individual programs—full-time MBA, EMBA, master’s in management, and executive education.
came second place overall, with its , a joint program with other schools, ranked top in Europe. HEC is followed by INSEAD, of both France and Singapore, which offers Europe’s top full-time MBA and boasts graduate salaries of $177,157—the highest of all European schools ranked by the FT.
EMBA rankings data quoted here is only for standalone programs and not joint EMBA programs offered by multiple schools.
Also in the top-10 are Swiss schools IMD, top for open-enrolment executive education; and St Gallen, which has the world’s best master’s in management program; IESE of Spain, notable for its top European ranking for custom executive education courses; SDA Bocconi in Italy; in the Netherlands; and France’s ESSEC, which rose from 23rd place last year to eighth today.
LBS received top honours again because of its strong position in the component rankings. Its standalone EMBA has been in the global top-20 since 2015, and was ranked 14th this year. LBS was also the first European school to reach the top of the FT’s Global MBA ranking, in 2009, joint with Wharton. It leads the UK when it comes to business education, with the overall British market also benefiting from falling application volume in the US.
What’s more, the government’s apprenticeship levy, which compels large UK employers to invest in workforce training, has also buoyed British schools. It is noteworthy that , one of the best performers of the FT’s European ranking this year; rising 23 places to finish 17th, was an early adopter of levy-friendly MBA courses.
There are 95 European schools ranked by the FT overall this year, not just in the UK and France but also Germany, Belgium, Portugal, and Ireland. Elsewhere, there are a few schools ranked that are in Finland, Norway, Poland, Turkey, Austria and more countries. The University of Economics in Prague surged by 26 places to 60 this year, while the Irish Management Institute is the highest new entrant, in 76th place.
This paints a picture of a thriving continental business education market, with GMAC data showing a 3.2% growth in applications in Europe this year, excluding the UK. There are still plenty of headwinds, with Brexit uncertainty, the rise of populism across Europe, and political turbulence all concerning for business schools.
So far, however, this has done little to dampen the diversity of the continental cohorts, with 63% of European schools enjoying growth in international student applications this year, GMAC reports.
That has been one of the key selling points, and will likely continue to help European schools flourish as the US experiences falling demand from foreigners amid the Trump administration’s protectionist agenda.
Student Reviews
Best Journalism school in Europe
When I first stepped onto the campus of City, University of London, I knew I was in for a ride - and not just on the Tube! With its vibrant energy and an impressive repertoire of programs, City U became my home away from home.
The Journalism program was kind of a big deal. Rumour was that we were the best in Europe!
The lecturers were not just experts in their field; they’re practically journalistic royalty. They were invested, passionate, and had a knack for turning the most flat press release into a riveting news story. With their guidance, I’ve learned to navigate the chaotic world of media like a pro.
The campus was a melting pot of every culture, being that we had such a diverse international crowd.
Being in the heart of London, I had the world at my fingertips - there was always a new corner to explore, a hidden gem of a cafe to discover, or a street performer!
City, University of London wasn't just a university; it was a chapter in my life story that I’ll never forget.
Learning environment
The teacher-learner ration is manageable, giving each learner a chance to gain personal attention. It is also easier following up on the progress of a student, as the numbers per class is not large. the conducive environment for learning includes clean classes, standard desks, world class instructional facilities and the opportunity to engage lecturers even after their sessions. The team spirit at City is above board, with learners getting chance to learn both from instructors and colleagues. This is the university of choice; the place to be.
Classes
I liked that each class had a manageable number of learners, making the professor-learner ratio favor knowledge acquisition. I also liked that study schedules were manageable, and not overwhelming. The focus on talents and gifts even within the learning environment makes it possible for learners to achieve the best of their potential, and this has worked to the advantage of those that have schooled at City, University of London
Classes
The diversity at City University facilitates interactions and is a direction toward the unity of the world. The classes are well built to match the number and needs of all students regardless of the elements of diversity that set people apart. The use of technology in delivery makes learning even more interesting and achievable. At City University there is no distinction pegged on the issues that make people unique.
professors
The team of lecturers at the Uiversity are well experienced. Their level of insight and the methodologies of delivery works for the interes of the leaeners. My learning experience was largely boosted by the level of knowledge of the professors at the institution, and their passion to transfer the same to learners. I appreciate every class I attended because of the level of insight I was able to gather
The best university I’ve been to
The campus and the people I've met have made it a wonderful experience. I was reared in a small town with a graduating class of only 88 individuals, so moving to City University was a huge adjustment for me. My dorm has more residents than my whole high school combined! I enjoy the atmosphere here, and everyone is so friendly. Outstanding academic options and a stunning campus. Really great from beginning to end. The educators genuinely love what they do, and the students are ready to learn. On or around college, there is always something to do with friends, and the social scene is particularly warm.
Bayes Business School
As a student at City university attending Bayes Business School I would totally recommend choosing this university as the experience is exceptional with great social networking opportunities . Professors are significantly helpful, delivering with excellence and professionalism. Everyone is happy to help and make you feel welcomed in such an esteem university as City, offering exceptional development and guidance through out the course.
Economics and Politics
Incredibly amazing university, the way they polish students and help them boost their morale and think intellectually is worthwhile. Many universities have international partnerships to allow exchanges between their students. The most obvious subjects for these opportunities would be those that involve languages, and the study of people and places.
Clinical biology
I really like it it’s perfect for me with not too many people and not too few either. All the modules are amazing. I love the toy bar. I love all the societies that I’ma part of. Especially the colour Bollywood society
