The annual ranking lists the masters degrees that lead the way in finance teaching across the globe.
Schools are listed based on five categories. At 30%, the highest weight is given to employability, followed by alumni outcomes, value for money, and thought leadership at 20%. Diversity accounts for 10% of the overall score.
So, alongside the two leaders which hail from France and the UK, which other business schools ranked among the best Master in Finance programs in the world?
World’s Best Master in Finance | The top 10
While HEC Paris holds top spot, continuing its position from last year, UK business school Oxford: Said takes second place, marginally behind the French institution. Also holding their positions are London Business School in third and M7 business school, MIT Sloan, in fourth.
The schools owe their recognition to their impressive alumni outcomes. HEC Paris, London Business School and MIT Sloan rank joint first in this category, followed by Oxford: Said.
HEC Paris also ranks first for thought leadership and joint first for value for money—alongside other French schools, ESCP Business School and ESSEC Business School.
For employability—the highest weighted category—three UK business schools take the top spots. Cambridge Judge and Oxford: Said are ranked joint first, followed by London Business School.
The top-ranked school in the US for employability is MIT Sloan in sixth, followed closely by UC Berkeley (Haas) in seventh.
EU Business School in Spain ranks first for diversity but does not make the global top 100.
Also among the top 10 are UC Berkeley (Haas) in fifth, rising two places from the previous year. Cambridge Judge and ESSEC Business School hold their positions in sixth and seventh, while London School of Economics rises one place to eighth.
The biggest shift among the top 10 comes with UCLA Anderson falling from fifth place last year to ninth position in 2024. Rounding out the top 10 is Italy’s Bocconi University.
10 Best Master In Finance Programs
A globally recognized degree
While European business schools make up the majority of the ranking, it’s clear that the Master in Finance is a globally recognized business master’s degree. The top 50 schools hail schools from the US, Canada, Hong Kong, Australia, and Mexico.
From Canada are University of Toronto's Rotman School of Management ranked 15th, climbing three places, and Desautels Faculty of Management at McGill University in 20th place. Rotman also ranks in the top 20 for employability.
Peking University HSBC Business School (23), HKUST (32), CUHK Business School (41), and City University of Hong Kong (44) make up the Asian cohort among the top 50. All of these schools, except the City University of Hong Kong, place in the top 20 for employability.
Australian Master in Finance programs ranked in the top 50 include those offered at UQ Business School (35) and Macquarie Business School (39).
EGADE Business School in Mexico is ranked in 43rd place.
The QS Business Masters Rankings includes programs that are mainly taught in-person and full-time. All schools must be accredited by AACSB, AMBA or EFMD. The rankings are decided based on three surveys: the QS Global Employer Survey, the QS Global Academic Survey and a survey completed by business schools themselves.