The US media, The Financial Times, has revealed its 2022 ranking of the best MBAs in the world and unsurprisingly, US business schools are in effect. This year, a French school regains its precious place on the podium. Zoom in on the 100 best MBAs in the world without further ado.
The 2022 Financial Times ranking lists the 100 best full-time MBAs in the world. A total of 151 business schools participated in the 2022 edition. All participating schools met the FT eligibility criteria and are EQUIS or AACSB accredited.
Andrew Crisp, director of education consultancy CarringtonCrisp, emphasized that business schools will continue to evolve as new digital training tools develop. “International, entrepreneurship, technology, sustainability are the keywords and trending words of recent times. It is imperative that the MBA adapt to the changing world. If he doesn’t, he’ll be in a very difficult position. »
Methodology of the 2022 MBA Ranking According to the FT
To achieve the ranking, the Financial Times contacts former students three years after completing their MBA. For a school to appear on the list, the FT requires a response rate of at least 20% of graduates, with at least 20 completed questionnaires.
This year, due to disruption due to the Covid-19 crisis, the FT looked at schools with a lower response rate than last year. In 2018, a total of 7,138 graduates responded to the survey, a response rate of 34%. This contributed 61% to the establishment’s overall score. Data collected from schools accounts for 21%. The research criterion (which corresponds to the number of articles published in some fifty high-level scientific journals) counts for 10%.
For some criteria, the FT smoothes the results. So, regarding payouts, the media erases the highest and lowest pay from the data. Likewise, the ranking does not take into account the amount earned by those who work for NGOs, in the public sector or students full time.
Also read: The 2020 FT Ranking of the Best EMBA (Executive MBA)
The FT Criteria for Ranking the Best MBAs 2022
The Financial Times took into account 20 criteria to determine its ranking.
- Current salary.
- Weighted salary.
- MBA Value for money : Calculated based on current salary, course length, tuition, and other expenses, including lost earnings during the MBA.
- Career progress.
- Objectives achieved: to what extent the alumni have achieved the goals they set themselves or the reasons why they did an MBA.
- Career Support: effectiveness of the career service within the school for career counseling, personal development, networking events, internship search and recruitment, as rated by alumni.
- After three months of service : percentage of the last PhD who finished their studies and found a job or offered a job in the three months after the end of their studies.
- Recommendation from the elderly.
- Percentage of women in the faculty.
- Percentage of female students enrolled in the full-time MBA.
- Women on the board.
- International teachers.
- International students.
- Member of the international board of directors.
- International mobility.
- International course experience.
- Additional languages.
- Professors with doctorates.
- FT research rank.
- ESG Rank: portion of the teaching hours in core courses devoted to environmental, social and governance issues.
- general satisfaction : average evaluation of the course unit by former students, scored out of 10.
Read also : FT 2021 ranking of the best masters in finance: a 100% French top 5!
US schools dominate the FT rankings
Of the 100 ranked schools, only 4 French are part of the prize list. Half of the schools ranked are located in the United States, the home country of the MBA, where this qualification remains mandatory to access high-level positions. Nine schools are in the UK, six in China, three in Hong Kong, four in India and one in Mexico and South Korea.
Harvard had the highest research output, measured by the number of staff publications in FT50-listed journals, weighted by faculty size. It is followed by Wharton and Chicago: Booth.
MBA Ranking: Which Course Offers the Best Salary Increase?
|32||Indian School of Business||184||India|
|32||Fudan University School of Management||183||China|
|100||iPad Business School||171||Mexico City|
|48||University of Rochester: Simon Business School||169||U.S|
|69||Rutgers Business School||166||U.S|
The Top Three Global MBAs in the World in 2022
Astronomical salaries for MBA graduates in the United States have propelled US business schools to the top of the 2022 FT rankings, after a year marked by high demand for MBAs and a context disrupted by the pandemic.
The University of Pennsylvania, Wharton and Columbia are ranked first and second respectively. INSEAD, the French business school that also has a presence in Singapore, is in third place. Among the other French branches, we find HEC Paris in 11th position, emlyon in 89th position and EDHEC in 73rd position.
Three years after graduation, graduates of the Wharton School at the University of Pennsylvania would earn the highest annual salary ($238,000) in 2021. The total average salary for alumni of the 100 schools in the ranking this year is $161,000. The largest salary increases reported by students three years after graduation were recorded at the Indian School of Business, Fudan and the Ipade Business School in Mexico.
Also read: The 2022 ranking of the best engineering schools in the world
The complete ranking of the best MBAs in 2022 according to the FT
|Rank||School||Raise||Main campus||CSR involvement|
|1||University of Pennsylvania: Wharton||115||U.S||33|
|2||Columbia Business School||125||U.S||71|
|3||Harvard Business School||104||U.S||91|
|5||Northwestern University, Kellogg School of Management||117||U.S||11|
|6||Stanford Graduate School of Business||114||U.S||64|
|7||University of Chicago: Booth||120||U.S||40|
|8||London Business School||99||UK||18|
|9||Yale School of Management||131||U.S||19|
|10||Iese Business School||124||Spain||1|
|13||SDA Bocconi School of Management||122||Italy||36|
|14||University of California at Berkeley: Haas||110||U.S||55|
|14||New York University: Stern||135||U.S||51|
|17||Cornell University: Johnson||142||U.S||73|
|18||Dartmouth College: Tuck||114||U.S||21|
|19||Duke University Fuqua School of Business||120||U.S||69|
|20||University of Virginia: Darden||137||U.S||7|
|21||National University of Singapore Business School||149||Singapore||88|
|22||University of Cambridge: Judge||96||UK||35|
|23||Carnegie Mellon: Tepper||136||U.S||70|
|24||University of Michigan: Ross||120||U.S||65|
|25||University of Southern California: Marshall||131||U.S||76|
|26||UCLA Anderson School of Management||110||U.S||97|
|27||Georgetown University: McDonough||135||U.S||45|
|28||IMD Business School||66||Switzerland||31|
|29||Washington University: Olin||123||U.S||37|
|30||University of Washington: Foster||120||U.S||50|
|31||University of Oxford: Saido||81||UK||8|
|32||Indian School of Business||184||India||85|
|32||Fudan University School of Management||183||China||44|
|34||Imperial College Business School||86||UK||9|
|34||Esade Business School||99||Spain||22|
|36||HKUST Business School||102||hong kong||87|
|37||Ohio State University: Fisher||160||U.S||2|
|38||University of North Carolina: Kenan Flagler||124||U.S||10|
|39||Nanyang Business School, NTU Singapore||123||Singapore||59|
|40||IE Business School||84||Spain||4|
|41||Vanderbilt University: Owen||123||U.S||82|
|42||Peking University: Guanghua||115||China||79|
|43||University of Florida: Warrington||126||U.S||90|
|43||Alliance Manchester Business School||94||UK||5|
|45||Emory University: Goizueta||109||U.S||15|
|46||University of Texas at Austin: McCombs||97||U.S||48|
|47||Rice University: Jones||82||U.S||98|
|48||University of Rochester: Simon Business School||169||U.S||96|
|49||University of California at Irvine: Merage||124||U.S||78|
|50||CUHK Business School||123||hong kong||62|
|51||Singapore Management University: Lee Kong Chian||118||Singapore||20|
|52||ESCP Business School||72||France/UK/Germany/Spain/Italy||41|
|53||Indian Institute of Management Bangalore||147||India||95|
|54||University of Notre Dame: Mendoza||145||U.S||99|
|55||Georgia Tech Scheller College of Business||115||U.S||58|
|56||Indiana University: Kelley||112||U.S||75|
|57||Warwick Business School||60||UK||24|
|58||Shanghai Jiao Tong University: Antai||160||China||53|
|59||HKU Business School||112||hong kong||28|
|60||Tsinghua University School of Economics and Management||104||China||54|
|60||Pennsylvania State University: Smeal||120||U.S||77|
|62||Indian Institute of Management Ahmedabad||98||India||81|
|63||Boston University Questrom School of Business||131||U.S||42|
|64||Essec Business School||79||France||13|
|65||Tongji University School of Economics and Management||151||China||68|
|65||Sungkyunkwan University GSB||88||South Korea||72|
|65||Babson College: Olin||113||U.S||80|
|68||Indian Institute of Management Calcutta||125||India||89|
|69||Rutgers Business School||166||U.S||84|
|69||George Washington University||122||U.S||56|
|69||City, University of London: Bayes (formerly Cass)||76||UK||49|
|72||Mannheim Business School||72||Germany||38|
|73||Edhec Business School||57||France||3|
|74||WHU – Otto Beisheim School of Management||88||Germany||17|
|75||Arizona State University: W.P. Carey||112||U.S||52|
|76||University of St. Gallen||57||Switzerland||12|
|76||Lancaster University Management School||112||UK||43|
|76||Boston College: Carroll||94||U.S||99|
|79||University of Toronto: Rotman||84||Canada||34|
|80||University of Georgia: Terry||115||U.S||94|
|81||University of Texas at Dallas: Jindal||112||U.S||57|
|82||University of Pittsburgh: Katz||105||U.S||32|
|82||University of Minnesota: Carlson||103||U.S||63|
|82||Brigham Young University: Marriott||145||U.S||74|
|85||University of Maryland: Smith||101||U.S||47|
|86||Rotterdam School of Management, Erasmus University||63||Netherlands||25|
|87||Wisconsin School of Business||112||U.S||93|
|89||EMLyon Business School||55||France||14|
|90||McGill University: Desautels||89||Canada||86|
|91||Politecnico di Milano School of Management||94||Italy||30|
|92||Western University: Ivey||69||Canada||46|
|93||Miami Herbert Business School||100||U.S||27|
|94||William & Mary: Mason||105||U.S||60|
|95||Durham University Business School||75||UK||16|
|96||Texas A&M University: Mays||88||U.S||92|
|97||Melbourne Business School||58||Australia||83|
|98||AGSM at UNSW Business School||55||Australia||29|
|99||Queen’s University: Smith||79||Canada||60|
|100||iPad Business School||171||Mexico City||67|