The Financial Times Releases Masters in Management Ranking for 2017

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.