The FT's hidden ranking of second-tier MBAs


Duncan

The FT publishes a ranking of the top 100 full-time MBAs but, of course, it has to consider more than 100 schools to find the best 100. In its European Business Schools ranking, published annually, it ranks the major MBA programmes, including a dozen or so that didn't get into the top 100. https://rankings.ft.com/rankings/2869/european-business-school-rankings-2021 

Many of these are world-class schools whose falling out from the top 100 may be short-term, such as Cranfield and Edinburgh. Admissions to these schools will generally be much easier after one or two years out of the top 100.  In the current European ranking, it uses the Global MBAs 2021 ranking's full-time MBA data. The schools that didn't get into the 2021 Global ranking at listed below. After each school, you'll see the average salary.

At the bottom of the rankings, the schools are very tightly clustered, so I have sorted them by salary. I think that's a better guide to the selectivity and quality of the programmes.
  School Name  MBA 2021 salary today ($)
  Cranfield School of Management  115,895
  University of Strathclyde Business School  106,608
  University of Edinburgh Business School  104,955
  Trinity College Dublin, Trinity Business  School  99,827
  Birmingham Business School  96,361
  Politecnico di Milano School of  Management  91,992
  Frankfurt School of Finance and  Management  91,504
  Audencia Business School  88,789
  Tias Business School, Tilburg University  87,834
  University of Liverpool Management School  87,274
  Nyenrode Business Universiteit  86,662
  Adam Smith Business School, University of  Glasgow  83,859
  Porto Business School, University of  Porto  77,508
  University of Exeter Business School  76,990
PS I updated this list after the 2021 European ranking came out at the end of 2021.

[Edited by Duncan on Dec 07, 2021]

The FT publishes a ranking of the top 100 full-time MBAs but, of course, it has to consider more than 100 schools to find the best 100. In its European Business Schools ranking, published annually, it ranks the major MBA programmes, including a dozen or so that didn't get into the top 100. https://rankings.ft.com/rankings/2869/european-business-school-rankings-2021&nbsp;<br><br>Many of these are world-class schools whose falling out from the top 100 may be short-term, such as Cranfield and Edinburgh. Admissions to these schools will generally be much easier after one or two years out of the top 100.&nbsp; In the current European ranking, it uses the Global MBAs 2021 ranking's full-time MBA data. The schools that didn't get into the 2021 Global ranking at listed below. After each school, you'll see the average salary.<br><br>At the bottom of the rankings, the schools are very tightly clustered, so I have sorted them by salary. I think that's a better guide to the selectivity and quality of the programmes.<div><br>&nbsp; School Name</div><div>&nbsp; MBA 2021 salary today ($)</div><div><br></div><div>&nbsp; Cranfield School of Management</div><div>&nbsp; 115,895</div><div><br></div><div>&nbsp; University of Strathclyde Business School</div><div>&nbsp; 106,608</div><br><div>&nbsp; University of Edinburgh Business School</div><div>&nbsp; 104,955</div><div><br></div><div>&nbsp; Trinity College Dublin, Trinity Business</div><div>&nbsp; School</div><div>&nbsp; 99,827</div><div><br></div><div>&nbsp; Birmingham Business School</div><div>&nbsp; 96,361</div><div><br></div><div>&nbsp; Politecnico di Milano School of</div><div>&nbsp; Management</div><div>&nbsp; 91,992</div><div><br></div><div>&nbsp; Frankfurt School of Finance and</div><div>&nbsp; Management</div><div>&nbsp; 91,504</div><div><br></div><div>&nbsp; Audencia Business School</div><div>&nbsp; 88,789</div><div><br></div><div>&nbsp; Tias Business School, Tilburg University</div><div>&nbsp; 87,834</div><div><br></div><div>&nbsp; University of Liverpool Management School</div><div>&nbsp; 87,274</div><div><br></div><div>&nbsp; Nyenrode Business Universiteit</div><div>&nbsp; 86,662</div><div><br></div><div>&nbsp; Adam Smith Business School, University of</div><div>&nbsp; Glasgow</div><div>&nbsp; 83,859</div><div><br></div><div>&nbsp; Porto Business School, University of</div><div>&nbsp; Porto</div><div>&nbsp; 77,508</div><div><br></div><div>&nbsp; University of Exeter Business School</div><div>&nbsp; 76,990</div><br><div>PS I updated this list after the 2021 European ranking came out at the end of 2021. </div>
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Larry

Thanks, Duncan, this list is very interesting!

EDHEC did make its way into the Global MBA Ranking this year.

We also see a lot of the schools that have left the main ranking in recent years, like Bath, Copenhagen and Strathclyde, which isn't too surprising.

Thanks, Duncan, this list is very interesting!

EDHEC did make its way into the Global MBA Ranking this year.

We also see a lot of the schools that have left the main ranking in recent years, like Bath, Copenhagen and Strathclyde, which isn't too surprising.
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Rayaan100

I am considering Leeds and Bath. Which one is better for an Indian citizen who already has experience in the UK?

I am considering Leeds and Bath. Which one is better for an Indian citizen who already has experience in the UK?
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Duncan

It's hard to think that either of these are the best options available. Bath has had higher employment and international mobility: http://rankings.ft.com/businessschoolrankings/global-mba-ranking-2018

It's hard to think that either of these are the best options available. Bath has had higher employment and international mobility: http://rankings.ft.com/businessschoolrankings/global-mba-ranking-2018
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John Snow

It's hard to think that either of these are the best options available. Bath has had higher employment and international mobility: http://rankings.ft.com/businessschoolrankings/global-mba-ranking-2018


I got an offer from both Bath and Strath. Both have given me the same amount of scholarships too. From an Indian perspective, which one would you recommend? Ps. I have 5.5 years of work experience in mostly banking and investment banking and have pretty strong extracurriculars. I need to make a decision soon.

[quote]It's hard to think that either of these are the best options available. Bath has had higher employment and international mobility: http://rankings.ft.com/businessschoolrankings/global-mba-ranking-2018 [/quote]

I got an offer from both Bath and Strath. Both have given me the same amount of scholarships too. From an Indian perspective, which one would you recommend? Ps. I have 5.5 years of work experience in mostly banking and investment banking and have pretty strong extracurriculars. I need to make a decision soon.
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Duncan

What does "From an Indian perspective" mean? Which of the FT ranking criteria are most relevant to your goals, for example? What do the values ofr those schools suggest to you?

What does "From an Indian perspective" mean? Which of the FT ranking criteria are most relevant to your goals, for example? What do the values ofr those schools suggest to you?
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John Snow

What does "From an Indian perspective" mean? Which of the FT ranking criteria are most relevant to your goals, for example? What do the values ofr those schools suggest to you?


For me the. most important factor is the career services support during/post MBA. Also would the Value of an MBA brand name in the future. Can you please advice.

[quote]What does "From an Indian perspective" mean? Which of the FT ranking criteria are most relevant to your goals, for example? What do the values ofr those schools suggest to you? [/quote]

For me the. most important factor is the career services support during/post MBA. Also would the Value of an MBA brand name in the future. Can you please advice.
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Duncan

I think salary is a strong proxy for careers support and brand value.

I think salary is a strong proxy for careers support and brand value.
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Duncan

I've just updated this post with the 2020 data published last month. There's a chart at http://bit.ly/HiddenFTrank 

Three things stand out to me:
- Risers. 
Vlerick, EADA and Frankfurt are well ranked and the first two can be reasonably expected to enter the top 100 with no missteps since they have good salary

- Arbitrage possibilities. There are some schools with high salary that are not effective at gaming the rankings for whatever reasons. Cranfield, Trinity and Strathclyde do very well and it's probable that applications will fall at these schools despite their great outcomes. 

- Possibly over-valued schools. Lancaster, Copenhagen and Nyenrode are more highly ranked than their salaries would suggest. 


I've just updated this post with the 2020 data published last month. There's a chart at http://bit.ly/HiddenFTrank&nbsp;<br><br>Three things stand out to me:<br>- Risers.&nbsp;<br>Vlerick, EADA and Frankfurt are well ranked and the first two can be reasonably expected to enter the top 100 with no missteps since they have good salary<br><br>- Arbitrage possibilities. There are some schools with high salary that are not effective at gaming the rankings for whatever reasons. Cranfield, Trinity and Strathclyde do very well and it's probable that applications will fall at these schools despite their great outcomes.&nbsp;<br><br>- Possibly over-valued schools. Lancaster, Copenhagen and Nyenrode are more highly ranked than their salaries would suggest.&nbsp;<br><br><br>
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laurie


- Arbitrage possibilities. There are some schools with high salary that are not effective at gaming the rankings for whatever reasons. Cranfield, Trinity and Strathclyde do very well and it's probable that applications will fall at these schools despite their great outcomes.

Sounds like these could be (very) good values, especially (for Trinity and Strathclyde) considering the locations. 

[quote]<br>- Arbitrage possibilities. There are some schools with high salary that are not effective at gaming the rankings for whatever reasons. Cranfield, Trinity and Strathclyde do very well and it's probable that applications will fall at these schools despite their great outcomes.<br> [/quote]<br>Sounds like these could be (very) good values, especially (for Trinity and Strathclyde) considering the locations.&nbsp;
quote
Duncan

I have updated this post with the 2021 ranking data. I only just noticed that Edinburgh is out of the top 100! Wow. And I was happy to see that EADA, as I predicted, got into the global top 100. 

I have updated this post with the 2021 ranking data. I only just noticed that Edinburgh is out of the top 100! Wow. And I was happy to see that EADA, as I predicted, got into the global top 100.&nbsp;
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Duncan

One observation: what this must mean about how well schools understand the rankings and manage their submissions actively. Comparing average salary, a key metric, how does Lancaster at 97k get the top 100 in when Cranfield, whose salary is 20% higher, has not been in the ranking for years. Similarly Strathclyde at 107k versus EMLyon at $91k.

One observation: what this must mean about how well schools understand the rankings and manage their submissions actively. Comparing average salary, a key metric, how does Lancaster at 97k get the top 100 in when Cranfield, whose salary is 20% higher, has not been in the ranking for years. Similarly Strathclyde at 107k versus EMLyon at $91k.
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Duncan

PR it's Interesting to see the long-term shift since 2014, when I first made this analysis: https://find-mba.com/board/europe/which-mbas-almost-made-the-ft-top-100-38555 Since 2014

=== Rising ===
Birmingham
EADA
EDHEC
Edinburgh
Liverpool
Politecnico di Milano

=== Sliding ===

HHL
Neoma

=== Big falls ===
Aston
Bradford
Leeds

PR it's Interesting to see the long-term shift since 2014, when I first made this analysis: https://find-mba.com/board/europe/which-mbas-almost-made-the-ft-top-100-38555 Since 2014<br><br>=== Rising ===<br>Birmingham<br>EADA<br>EDHEC<br>Edinburgh<br>Liverpool<br>Politecnico di Milano<br><br>=== Sliding ===<br><br>HHL<br>Neoma<br><br>=== Big falls ===<br>Aston<br>Bradford<br>Leeds
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