Helpful for: MBA applicants
Read Time: 7 minutes Quick Facts:
- The Financial Times has published its ranking of the world’s top business schools for 2019. It received 150 submissions and narrowed it down to a list of 100 schools.
- The first rankings were launched in 1990, before the birth of the internet, and were targeted at a select group. Since then, learning opportunities have opened up for people worldwide, and the rankings are now intended for a wider audience. The Financial Times has promised to take this into account, and will aim for a more relevant assessment in the years to come.
- There is a strong focus on salaries received before and after the MBA, as a way of gauging a particular course’s return on investment.
- The top ranks are held by US and European business schools. For 2019, the top three are Stanford, Harvard and INSEAD.
- The value of an MBA is illustrated by the salary increase of the top 10 schools from 104% at Haas, with a salary of $188 746 and up to a 129% increase, $228 024 at Stanford. At the other end of the spectrum, BusinessTech says:
The smallest increase recorded is 63% (ESMT Berlin), where the average post-MBA salary is still in six figures ($110,082 – or R1.5 million p.a.) – but salaries can almost triple (195% increase) in places like China and India.
- No South African schools made the cut for 2019 rankings. There is, however, a noted increase in executive education.
For more on the topic check out: How Much Should You Worry About B-School Rankings?