The Financial Times Global MBA rankings are out.
For schools, they’re a measure of how they’re performing against their competitors. For applicants, they’re a good way to distinguish the top schools from each other.
From skyrocketing schools to continental shifts, in this video we show you five trends you should look out for in 2020’s FT Global MBA rankings.
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US schools still dominant
Unsurprisingly, US schools remain the dominant force in the business school rankings.
51 of the top 100 schools can be found in the US, including the top three schools - Harvard, Wharton, and Stanford. It seems, despite plummeting international applications, the US remains the pinnacle of business school achievement.
Asian schools on the rise
In a year when nearly two thirds of Asian schools reported an increase in applications, Asian schools continue their rise into the Global MBA top 100.
From just seven schools in 2010, there are now 18 schools from Asia overall. China alone accounts for nine of those schools, three more than last year.
Asian schools have particularly stood out in the rankings for graduate salary increase, as high as 216% in some cases, as well as female student representation. But more on that later.
It was a year to be proud of for some schools, who shot up in the rankings.
Chinese schools were high performing with three schools joining the top 100, with Renmin coming in at 38th place having not been in last year’s rankings. Renmin also finishes first in the career service rank.
2020 is the second year where the FT has included corporate social responsibility, or CSR, in their methodology.
It carries a three percent weighting in the overall ranking, and measures the number of teaching hours from core courses dedicated to CSR, ethics, social and environmental issues.
IESE Business School in Spain finished top, with Darden School of Business at University of Virginia finishing in second.
Female representation remains an important aspiration for all MBA programs, in the drive to achieve equal representation and inclusion at business school and beyond.
The proportion of female students is clearly on the increase. Eleven schools now have at least 50% female students in their MBA class, up from five last year, and zero in 2010.
Essec topped the list with 68% female students in their MBA class.
It’s also worth celebrating Asian schools on this front. Six out of these eleven schools are found in China and South Korea.
It’s clear that while rankings may be changing, they remain a strong insight into the way that schools are performing on a variety of different metrics. For MBA applicants, this can be a great tool to make your business school decision a little easier.