The Financial Times has updated its Masters in Management Ranking for 2017.
In the new ranking, the publication has updated its methodology. The ranking now accounts for the change in salary between alumni's first jobs and their salaries three years later.
Overall, with the new criteria, some UK schools made strong gains. The MSc in Management from London's Cass Business School, for instance, jumped 20 spots from 38 last year to 18 in the new ranking. Henley Business School gained 26 spots, from 89 to 63. Warwick Business School's MSc in Management jumped 15 spots, from 36 to 21; Imperial College Business School's MSc in Management rose six spots, from 20 to 14.
The new methodology has also caused some French schools to drop in the ranking. IESEG's MSc in Management, for example, dropped from 17 to 31 this year. Similarly, Grenoble Ecole de Management's Master in International Business, lost 20 positions to land at spot number 33.
The top spot in the ranking, however, belongs once again to the MA in Strategy and International Management from the University of St. Gallen; that program has held onto the top position for seven years in a row. The FT found that grads of that St. Gallen program have salaries of just over $114,000, on average, compared to $102,00 in last year's ranking.
HEC Paris' MSc in Management is once again in second place. IE Business School's Master in Management has jumped four spaces to round out the top-three. London Business School's Masters in Management program rose two places to take spot number four; ESSEC Business School, which was ranked number three last year, rounds out the top five in this year's ranking.
See below for the top 25 schools in the FT's Masters in Management Ranking 2017, as well as their changes from last year.
The FT's Masters in Management Ranking 2017
|2017 Rank||School||Program||2016 Rank||Change|
|1||St. Gallen||MA in Strategy and International Management||1||no change|
|2||HEC Paris||HEC MSc in Management||2||no change|
|3||IE Business School||Master in Management||3||+4|
|4||London Business School||Masters in Management||6||+2|
|5||ESSEC Business School||MSc in Management||3||-2|
|6||ESCP Europe||ESCP Europe Master in Management||4||-2|
|7||WHU Beisheim||MSc in Management||9||+2|
|8||ESADE Business School||MSc in International Management||9||+1|
|9||CEMS||Master in International Management||unranked||-|
|10||SDA Bocconi||MSc in International Management||11||+1|
|11||Rotterdam School of Management||MSc in International Management||5||-6|
|12||Mannheim Business School||Mannheim Master in Management||14||+2|
|13||WU (Vienna University of Economics and Business)||Master in International Management||8||-5|
|14||Imperial College Business School||MSc in Management||20||+6|
|15||University College Dublin: Smurfit||MSc in International Management||22||+7|
|16||EDHEC Business School||Master in Management||15||-1|
|17||Nova School of Business and Economics||International Master in Management||17||no change|
|18||City University: Cass||MSc in Management||38||+20|
|19||HEC Lausanne||MSc in Management||30||+11|
|20||HHL Leipzig||MSc in Management||20||no change|
|21 (tie)||IIMA||Post Graduate Programme in Management||16||-5|
|21 (tie)||Warwick Business School||MSc in Management||36||+15|
|23||St Petersburg State University Graduate School of Management||Master in Management||39||+16|
|24||Stockholm School of Economics||MSc in International Business||28||+4|
|25||University of Sydney Business School||Master of Management||44||+19|
How the FT ranks Masters in Management programs
Masters in management programs are differ from MBA programs in that they attract students with less (or no) work experience.
To rank the programs, the FT collects data from two surveys: one from the business schools and the other from program graduates from three years ago. The various criteria that the publication looks at include alumni salary, placement success, The criteria that are analyzed include post-MSc salary, international mobility, placement success, and more. As noted above, in this year's MiM Ranking, the FT also looks at the change between alumni's salary immediately after graduation, and three years out.
To take part in the ranking, a business school has to be accredited by AACSB or EQUIS. The ranking only includes general Masters in Management programs; it does not include specialist programs like Masters in Account, Master in Supply Chain Management, etc.
Previous FT Masters in Management rankings
- The Financial Times Publishes 2016 Masters in Management Ranking
- The FT Publishes 2015 Masters in Management Ranking
- The Financial Times Publishes Masters in Management Ranking for 2014
- The Financial Times Publishes Masters in Management Ranking for 2013
- Financial Times Publishes its 2012 Masters in Management Rankings