London Business School (LBS) leads this year's European Business School ranking from the Financial Times, which lists business schools from Europe and the UK based on the schools' combined strengths in the publication's other program rankings.
This is the first year since 2005 that LBS has led the ranking. The school's MBA program is the top-ranked one in the UK, while its EMBA, which is offered jointly with Columbia Business School, is ranked third. However, LBS rose two spots in this year's European Business School ranking also due to the school's strong number-ten debut in the Masters in Management ranking. "The MiM ranking was the last missing piece for LBS to come first in Europe," according to the Financial Times.
Following LBS is HEC Paris at position number two, and Spain's IE Business School at number three. These two schools had tied for the top position last year. HEC Paris, although it outperformed LBS in all rankings besides the MBA ranking, lost the top spot due to lost points based on its participation in the Trium EMBA program with LSE and NYU - Stern (the scoring for joint programs is apparently split between the schools.)
Spain's ESADE lost one position to land at spot number four, while France's INSEAD held steady to round out the top five.
Switzerland's University of St. Gallen has risen one spot to land at position number six. Its Master in Management program has led the MIM ranking for the past four years. St. Gallen is followed by Spain's IESE Business School. Italy's SDA Bocconi and Switzerland's IMD Business School held steady at positions eight and nine, respectively.
The University of Oxford's Said Business School rises two spots to edge into the top 10.
Several new business schools have debuted in the ranking this year. Germany's EBS Business School ranks 47, after a strong debut in the Masters in Management ranking. Two business schools from Turkey have also debuted in the ranking this year: Koç University Graduate School of Business, which ranks 67, and Sabanci University School of Management, at position 73.
This is the eleventh year that the Financial Times has published its European Business School ranking. To rank the programs, each school is awarded an indexed score, relative to the performance of the program compared to others in Europe.