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        Global MBA Ranking 2020

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        ?Rank in 2020
        Rank in 2019
        Rank in 2018
        3 yr. rank
        School name
        Country
        Audit year[1]
        Salary today($)[2]
        Weighted salary($)[3]
        Salary increase(%)[4]
        Value[5]
        Careers[6]
        Aims achieved (%)
        Careers service rank
        Employment[7]
        Recommends[8]
        Female faculty(%)[9]
        Female students(%)[10]
        Wom. Board
        Int. faculty(%)[11]
        Int. students(%)[12]
        Int. board(%)[13]
        Int. mobility[14]
        Int. course[15]
        Languages[16]
        PhD faculty[17]
        Research[18]
        CSR rank
        12531Harvard Business SchoolUS20180208,0233,673210,1104,62411027858491318488 (100)110291432491382370181502895900901213712
        24330University of Pennsylvania: WhartonUS20180217,14117,258211,54314,2761077923171590121494 (95)161250463214391324473425501001002105810
        31121Stanford Graduate School of BusinessUS20150225,589961222,6255,449117126991090031888 (99)020230476312372431302451646400863107677
        43231InseadFeatured business schoolFrance / Singapore20205182,6062,079181,2771,61610138227490134984 (97)34220134138693096188251222098118263
        55862CeibsChina20190184,7317,605185,10310,988187439111187159194 (100)13402714003613631343573362921010007562718
        68982MIT: SloanUS20190195,3009,219197,1779,0041191284723691146294 (100)130241411211431531484462451400100184251
        76461London Business SchoolFeatured business schoolUK20205171,5181,530171,4921,817105396722990037592 (99)25127138245584494376149181009911111319
        89780Columbia Business SchoolUS20190203,14717,999202,23818,139115186025391126790 (93)07121338117254253535248266100950524911
        91921164HEC ParisFeatured business schoolFrance20190164,51521,595164,52921,90713327112518487287092 (93)11812013114227009528377415122010002134210
        107681University of Chicago: BoothUS20170197,0899,460191,6795,818123382352119117595 (99)190182402150322420181843287100096031398
        111412121Northwestern University: KelloggUS20190185,36512,760186,43815,6081091098135149118095 (100)38125143243155410421212571383001000246357
        121010110University of California at Berkeley: HaasUS20170189,2074,819193,6304,8841106751553591012091 (99)21002223763785524312317541612001000167812
        131211121Iese Business SchoolFeatured business schoolSpain20190150,871454151,34727111999979789250494 (90)01722903153007118509301414611100052611
        141115131Yale School of ManagementUS20180180,0976,861178,8296,282128788349191235291 (99)112127142124246244140260623100100036451
        151718173National University of Singapore Business SchoolFeatured business schoolSingapore20160167,94814,732167,07013,85414817248451789079294 (95)03512723722906229022901821400089141145714
        161516160Dartmouth College: TuckUS20180178,6001,614177,8194,1831122957421491117793 (100)1150252423323385382356555241009851265616
        161919183Duke University: FuquaUS20170174,1009,541174,07010,2621231294453590122795 (98)111024243122142139157158376200960425014
        182332246University of Virginia: DardenUS20190173,04613,740170,24012,8031281476464490110196 (99)4211293402251280333231798312100950401321
        191613165University of Cambridge: JudgeUK20170164,110526162,66284695363156901492384 (91)2366201352501875194133712258120097051102029
        191814171HKUST Business SchoolChina20160158,2791,479157,025823113537410488086291 (88)241230237720450564457101321020199137107121
        211327204University of Oxford: Sa?dFeatured business schoolUK20180161,324322156,7394,704103151492010890851492 (85)1312212445391661975771415377400100054194
        222523231New York University: SternUS20190166,0648,278166,3929,907122597446391213894 (97)01622713722244433363511672530008611424515
        232717222Cornell University: JohnsonUS20170166,5583,528166,0353,61812311802717900191193 (98)2260241352195539395436788477009402266112
        242120223Esade Business SchoolFeatured business schoolSpain20190141,7617,057140,6867,374117179821488076291 (98)2320371399503745695293188452101006841104
        252224242IMD Business SchoolSwitzerland20205160,3896,583156,4214,477679195126911251183 (100)02431922812019809818521032201110007611433
        252625253UCLA Anderson School of ManagementUS20170166,5925,055166,7203,735111377162159124187 (98)222026233017037031210072395000100073911
        273335327Indian Institute of Management BangaloreIndia20205183,7034,929183,7034,929157334081317831884100 (100)01951932323686000184685394001000981861
        282428271Indian School of BusinessIndia20150163,4096,633161,1745,052188150126086040596 (99)22711613955116321622841092200982821951
        293129303SDA Bocconi School of ManagementItaly20190140,4049,776140,4049,776120422266687247990 (93)343239033944639374478316216121199145134014
        302826282University of Michigan: RossUS20190164,5395,974164,3366,609115789177191015096 (93)21422934521123243236071970100922251443
        312930303Georgetown University: McDonoughUS20205155,5277,197154,8987,5141309915591490138392 (94)2392290300154442393250655271001000292329
        313540353Carnegie Mellon: TepperUS20190160,26811,338160,12811,23612613747734902112191 (100)123027033522641145394807626009422710125
        33344236Fudan University School of ManagementChina20190131,04120,979131,04120,97920383356388042394 (96)37033305510608211071097417210960787773
        34395844University of Florida: WarringtonUS20180132,25011,250132,25011,25015651032479222490 (100)68511272361413029319200951942009403311613
        353022294Nanyang Business School, NTU SingaporeFeatured business schoolSingapore20160136,3652,329136,3652,3291197307831384164596 (91)152123514323776809123723301111000990646544
        364659474University of Southern California: MarshallUS20205155,0869,174158,57711,012121139346020901392595 (96)142234142101313304073182035100083143115918
        375134411Shanghai Jiao Tong University: AntaiChina20190130,73617,919130,73617,9192018132219188416619100 (98)07463515101302143728087134017009409625316
        38-39-Renmin University of China Business School (RMBS)Featured business schoolChina2016120,614120,61418821291195 (99)963546165132394491959292
        395237431University of North Carolina: Kenan-FlaglerUS20160148,3585,642147,9404,2891301881358790116987 (99)5290331291232372251318665115008552347524
        403744402University of Texas at Austin: McCombsUS20150154,342398156,1744,93998673181589127593 (100)7202240402181312285109133416008611312118
        404357472Indiana University: KelleyUS20170135,101116137,049519133114887899023294 (94)1361261332230301360332753794007911552222
        4249785618Indian Institute of Management CalcuttaIndia2020165,9007,762165,9007,7621381349528645129100 (100)028323211229113200148691813500100010029022
        433641400Warwick Business SchoolUK20205117,0471,359117,0471,359785167433883141390 (93)5471413390330775911110234211101000303193
        445450498Washington University: OlinUS20205131,2074,987131,2074,98711236606914882611281 (99)7782295497690352471650662363100970932932
        455936475Alliance Manchester Business SchoolFeatured business schoolUK20205130,9547,578128,7454,567103152131787136285 (92)868103513815074829176746313291100943896318
        4552735711Vanderbilt University: OwenUS20190148,0398,369148,0398,36913276112819116395 (98)5490290377901352046099473200960705657
        47---Shanghai University of Finance and Economics: College of BusinessChina-119,531119,53121644783398 (100)9136622751555100971989355
        473847441Emory University: GoizuetaUS20205149,3691,127149,5321,127119062154090120595 (99)0380320311213241471200660571009446638615
        474948482University of Washington: FosterUS20205143,4499,179143,0749,555109263698489258399 (100)05003513382103203477081091200911614814
        505743505CUHK Business SchoolChina20160124,6038,914124,6038,9141199571291589469182 (95)9841293241325253333166762112014009903916602
        506446534City, University of London: CassFeatured business schoolUK20170134,29813,910133,67913,9109373841623851532493 (73)116643053455047438245732632816009337113364
        5231--IE Business SchoolFeatured business schoolSpain20190134,83111,993135,42218,12583175915338812100692 (90)1125041132150271393296424178111100173245
        536054562Georgia Institute of Technology: SchellerUS20170138,5863,737138,5863,73713813261179138925196 (100)156427340027327122110685283100812421718
        544251490Sungkyunkwan University GSBS Korea20190128,1882,978128,1882,97898227111408619889 (97)198219553854067553277051476101000976930
        553951483Imperial College Business SchoolFeatured business schoolUK20180122,2584,615122,2584,6156435385715892571291 (100)94403023312388950911770281192101000591181
        564133435The University of Hong KongChina20190129,7021,684129,7021,6841133608342583472677 (98)676123151525033198293353576300980672853
        575645532Rice University: JonesUS20190148,7364,211149,3324,2111030552900913301492 (95)353228138717033129700701767300931487961
        575877641University of Notre Dame: MendozaUS20160140,9243,350140,9243,35014224468371902281290 (98)07532312401501623736083560250080358103812
        5963756610Pennsylvania State University: SmealUS20170133,4839,263133,4839,2631313267426881481783 (100)859230130422023136263642440600841383706
        606681699Babson College: OlinUS20180148,1557,746148,1557,746116147133187175478 (86)533338130421318180421149685100840874748
        6147314610Indian Institute of Management AhmedabadIndia20205186,866696186,86669691951107276499397 (98)11332112363661010005918406001000991869
        624364565Durham University Business SchoolFeatured business schoolUK20170110,50610,050110,50610,050107331444830552794 (90)093234157133806949577504424081098091072
        63434952Singapore Management University: Lee Kong ChianFeatured business schoolSingapore2020115,0393,376115,0393,37612584516891587173269 (97)1060112324916337637761453027356100980498990
        64719476WHU – Otto Beisheim School of ManagementGermany20160125,23862125,23862841525561290145478 (90)2733221471012031080612020131001000863246
        654864591University of California at Irvine: MerageUS20160135,1705,114135,1705,1141131668185889132571 (100)14816453271032035103117122635551700941352890
        6655375312Rotterdam School of Management, Erasmus UniversityFeatured business schoolNetherlands20160115,3752,597115,9552,66376843174815861902788 (93)046228438223155099423424335009822611629
        676886745Boston University: QuestromUS20180128,696980128,6969801361254576989394192 (90)151535146213231246256461490500724444188
        686960663University of St GallenFeatured business schoolSwitzerland20180127,0222,495127,0222,495731150502894541183 (100)12583161267500812935500316914011000809691
        69---Northeastern University: D'Amore-McKimUS2013107,350107,3501596499862490 (100)852853292628032440894782
        7090--George Washington UniversityUS20160129,35612,967129,35614,43511514859752089181388 (88)467931140729235042543742363009606203111
        717761706Mannheim Business SchoolFeatured business schoolGermany20206124,4158,312124,4158,3128339267887191498 (87)561728221126020230895001166812001000727336
        728468753Ohio State University: FisherUS20205137,1729,164137,1729,164134162911976862711493 (99)26363133642610229236409016516006713252868
        737255677University of Maryland: SmithUS20205131,6425,908131,6425,908117236720934088043988 (99)279135335232127741397891088500878317842
        747382764University of Pittsburgh: KatzUS20205116,5598,160116,5598,160139536795288167991 (100)0975321291019523142612756186600893550115
        74929186SMU: CoxUS20160134,6598,478134,6598,47810510707304190144989 (95)265029034711142735145093437200920794657
        768383810University of Rochester: SimonUS20160128,4055,750128,4055,7501401149153615860822491 (95)29222024277437143013234182000752692980
        77-84-University of Connecticut School of BusinessUS2018134,093134,0931142070886570 (98)1002834283255052990836146
        788185814University of Minnesota: CarlsonUS20190133,2749,520133,2749,5209345886521891231088 (100)36952833853002301821629227414007912004714
        79809986EMLyon Business SchoolFeatured business schoolFrance2015096,2902,82596,2902,82581235144021850702091 (97)180336042253845638838571791230010008312173
        806166691Melbourne Business SchoolAustralia20160115,6793,419115,6793,2807413737216891292579 (100)1655102923331907207515250258481200960772647
        817988834ESMT BerlinFeatured business schoolGermany20160116,9336,851116,9336,8516411219119872832280 (94)6721014927825156899265030455921110007416154
        819693904University of Texas at Dallas: JindalUS20180111,60612,070111,60612,07010412341002903781092 (100)593627148261314913626247498000810173638
        837868766Brigham Young University: MarriottUS20205134,9076,694135,6496,180136252681880623493 (100)2452112217811112620980969008926383017
        848680834The Lisbon MBA Católica | NovaPortugal20190105,3943,478105,3943,47874142113931850771091 (100)6824373295400314554002217100110018857810
        857555726Purdue University: KrannertUS20150119,9085,788119,9085,78811714561865861631277 (98)47722212492843615713341238014009054659932
        8699--Texas A & M University: MaysUS20206132,59815,556132,59815,5561103102821785092485 (98)45403133319154202151300764100300781342796
        879490903Western University: IveyCanada20180109,7505,771109,3905,223855472561880412189 (95)1039224533419055350926077105411009905792665
        88-75-Edhec Business SchoolFeatured business schoolFrance2017104,737104,737702863855292 (91)9032334358948729180959534
        8870637412AGSM at UNSW Business SchoolAustralia20160106,39313,278106,39313,278622065189212850801078 (85)461639151205008038715006122600961684524
        88939692Essec Business SchoolFrance20180109,85411,734109,85411,7345814154710870681674 (51)9572351681250125829813756191138009908514227
        91877885McGill University: DesautelsCanada20206104,58126104,5812678168712872189497085 (96)5481321394234761803421105254008806027613
        928171819Wisconsin School of BusinessUS20190130,4431,009130,4431,0099843210967890601690 (100)064227134136024030118096372400741568804
        93---Miami Herbert Business SchoolUS2011114,000114,0001128380858981 (94)8831381245375438840775041
        948586889University of Toronto: RotmanCanada2020599,1631,32299,3601,8727221100088385193283 (99)2303272426536771725270332641000990193833
        958773851University of Edinburgh Business SchoolUK20205107,332843107,33284368231724080374271 (84)989538451447367496053937552280096090115116
        96---University of California at San Diego: RadyUS2015115,080115,080949094869575 (89)8318402547401153750972868
        9774--Macquarie Business SchoolAustralia20160120,0911,720120,0918,075832729514079698093 (91)399441334236045392821040493200928942142
        98---City University of Hong KongChina201991,61191,61115944387884100 (76)7132661333105088260916597
        9989949410University College Dublin: SmurfitIreland20170107,7959,077107,7959,0776801774120850961386 (97)3953330291335640361362839130700990812716
        100---University of Georgia: TerryUS2017109,432109,4321101884855695 (100)873016202532073710835393
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        Table notesFootnotes: * KPMG reported on the results of obtaining evidence and applying specified audit procedures relating to selected survey data provided for the Financial Times 2020 MBA ranking for selected business schools. Enquiries about the assurance process can be made by contacting Lori Huber of KPMG at lahuber@kpmg.ca. The specified audit procedures were carried out between November and December 2019. The audit date published denotes the survey for which the specified audit precedures were conducted. **These schools run additional courses for MBA students for which additional language skills are required. Although the headline ranking figures show changes in the data year to year, the pattern of clustering among the schools is equally significant. Some 170 points separate the top programme, Harvard, from the school ranked number 100. The schools are divided into four groups, indicated by bold lines: those in groups one and two score above the average for the cohort, and groups three and four are below it. The difference in score between schools ranked consecutively is greater within groups one and four than in groups two and three. The top 10 participants, down to University of Chicago: Booth, form the top group of MBA providers. The second group, headed by Northwestern University: Kellogg, spans schools ranked 11 to 35. The 49 schools within the third group are headed by University of Southern California: Marshall, at 36th. The remaining 16 schools headed by Purdue University: Krannert, at 85th, make up the fourth group.
        Footnotes

        1. Indicates the most recent year that KPMG audited a business school, applying specified audit procedures relating to selected data provided for the Financial Times MBA ranking.

        2. The average alumni salary three years after graduation, US$ PPP equivalent. (The 2020 ranking surveyed the MBA class that completed in 2016). Includes data for the current year and the one or two preceding years where available. This figure is not used in the ranking.

        3. The average alumnus salary three years after graduation, US$ PPP equivalent, with adjustment for variations between sectors. Includes data for the current year and the one or two preceding years where available.

        4. The average difference in alumnus salary before the MBA to now. Half of this figure is calculated according to the absolute salary increase, and half according to the percentage increase relative to pre-MBA salary – the “salary percentage increase” figure published in the table.

        5. This is calculated using the salary earned by alumni today, course length, fees and other costs, including the opportunity cost of not working for the duration of the course.

        6. This is calculated according to changes in the level of seniority and the size of company alumni are working in now, versus before their MBA. Includes data for the current year and the one or two preceding years where available.

        7. The percentage of the most recent graduating class that had found employment or accepted a job offer within three months of graduation. The figure in brackets is the percentage of the class for which the school was able to provide employment data.

        8. This is calculated according to selection by alumni of three schools from which they would recruit MBA graduates. Includes data for the current year and one or two preceding years where available.

        9. Percentage of female faculty. For gender-related criteria, schools with a 50:50 (male/female) composition receive the highest score.

        10. Percentage of female students on the full-time MBA. For gender-related criteria, schools with a 50:50 (male/female) composition receive the highest score.

        11. This is calculated according to the diversity of faculty by citizenship and the percentage whose citizenship differs from their country of employment – the figure published in the table.

        12. This is calculated according to the diversity of current MBA students by citizenship and the percentage whose citizenship differs from the country in which they study – the figure published in the table.

        13. Percentage of the board whose citizenship differs from the country in which the business school is based.

        14. This is calculated according to whether alumni worked in different countries pre-MBA, on graduation and three years after graduation.

        15. This is calculated according to whether the most recent graduating MBA class completed exchanges, research projects, study tours and company internships in countries other than where the school is based.

        16. Number of extra languages required on completion of the MBA. Where a proportion of students requires a further language due to an additional diploma, that figure is included in the calculations but not presented in the final table.

        17. Percentage of full-time faculty with a doctoral degree.

        18. This is calculated according to the number of articles published by a school’s current full-time faculty members in 50 selected academic and practitioner journals between January 2014 and October 2016. The rank combines the absolute number of publications with the number weighted relative to the faculty’s size.

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        3.Select which columns to display

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