2020 年 1 月 27 日,英国《金融时报》(Financial Times,以下简称“FT”)发布了 2020 年全球 MBA 百强排行榜。
哈佛商学院(Harvard Business School)、宾夕法尼亚大学沃顿商学院(University of Pennsylvania: Wharton)、斯坦福大学商学院(Stanford Graduate School of Business)、欧洲工商管理学院(Insead)和中欧国际工商学院(Ceibs)位列前五。其中,中欧国际工商学院连续两年跻身全球前五。
此次排名,中国共有 9 所商学院入选百强排行榜,分别是第 5 名中欧国际工商学院(Ceibs)、第 20 名香港科技大学工商管理学院(HKUST Business School)、第 33 名复旦大学管理学院(Fudan University School of Management)、第 37 名上海交通大学安泰经济与管理学院(Shanghai Jiao Tong University: Antai)、第 38 名中国人民大学商学院(Renmin University of China Business School (RMBS))、第 49 名上海财经大学商学院(Shanghai University of Finance and Economics: College of Business)、第 50 名香港中文大学商学院(CUHK Business School)、第 56 名香港大学(The University of Hong Kong)和第 98 名香港城市大学(City University of Hong Kong)。其中,上海财经大学商学院和香港城市大学首次进入全球 MBA 百强排行榜。
FT 排名对 MBA 毕业后的薪资情况还是非常看重的。占比最大的两个权重分别是:毕业生三年后的平均薪资(占比 20%)和攻读 MBA 前后的薪资涨幅(占比 20%)。
2020 年度 FT 全球 MBA 百强排行榜单,即刻为大家揭晓排名结果。附件中的 PDF 包含了排名各项指标的得分。
更详细的排名各项指标的得分,请下载附件PDF:
Rank 2020 |
Rank 2019 |
3 Yr Avg. |
School Name | Country |
1 | 2 | 3 | Harvard Business School | US |
2 | 4 | 3 | University of Pennsylvania: Wharton | US |
3 | 1 | 2 | Stanford Graduate School of Business | US |
4 | 3 | 3 | Insead | FR / SG |
5 | 5 | 6 | Ceibs | China |
6 | 8 | 8 | MIT: Sloan | US |
7 | 6 | 6 | London Business School | UK |
8 | 9 | 8 | Columbia Business School | US |
9 | 19 | 16 | HEC Paris | France |
10 | 7 | 8 | University of Chicago: Booth | US |
11 | 14 | 12 | Northwestern University: Kellogg | US |
12 | 10 | 11 | University of California at Berkeley: Haas | US |
13 | 12 | 12 | Iese Business School | Spain |
14 | 11 | 13 | Yale School of Management | US |
15 | 17 | 17 | National University of Singapore Business School | Singapore |
16 | 15 | 16 | Dartmouth College: Tuck | US |
16 | 19 | 18 | Duke University: Fuqua | US |
18 | 23 | 24 | University of Virginia: Darden | US |
19 | 16 | 16 | University of Cambridge: Judge | UK |
19 | 18 | 17 | HKUST Business School | China |
21 | 13 | 20 | University of Oxford: Saïd | UK |
22 | 25 | 23 | New York University: Stern | US |
23 | 27 | 22 | Cornell University: Johnson | US |
24 | 21 | 22 | Esade Business School | Spain |
25 | 22 | 24 | IMD Business School | Switzerland |
25 | 26 | 25 | UCLA: Anderson | US |
27 | 33 | 32 | Indian Institute of Management Bangalore | India |
28 | 24 | 27 | Indian School of Business | India |
29 | 31 | 30 | SDA Bocconi School of Management | Italy |
30 | 28 | 28 | University of Michigan: Ross | US |
31 | 29 | 30 | Georgetown University: McDonough | US |
31 | 35 | 35 | Carnegie Mellon: Tepper | US |
33 | 34 | 36 | Fudan University School of Management | China |
34 | 39 | 44 | University of Florida: Warrington | US |
35 | 30 | 29 | Nanyang Business School, NTU Singapore | Singapore |
36 | 46 | 47 | University of Southern California: Marshall | US |
37 | 51 | 41 | Shanghai Jiao Tong University: Antai | China |
38 | - | - | Renmin University of China Business School (RMBS) | China |
39 | 52 | 43 | University of North Carolina: Kenan-Flagler | US |
40 | 37 | 40 | University of Texas at Austin: McCombs | US |
40 | 43 | 47 | Indiana University: Kelley | US |
42 | 49 | 56 | Indian Institute of Management Calcutta | India |
43 | 36 | 40 | Warwick Business School | UK |
44 | 54 | 49 | Washington University: Olin | US |
45 | 59 | 47 | Alliance Manchester Business School | UK |
45 | 52 | 57 | Vanderbilt University: Owen | US |
47 | 38 | 44 | Emory University: Goizueta | US |
47 | 49 | 48 | University of Washington: Foster | US |
47 | - | - | Shanghai University of Finance and Economics: College of Business | China |
50 | 57 | 50 | CUHK Business School | China |
50 | 64 | 53 | City, University of London: Cass | UK |
52 | 31 | - | IE Business School | Spain |
53 | 60 | 56 | Georgia Institute of Technology: Scheller | US |
54 | 42 | 49 | Sungkyunkwan University GSB | S Korea |
55 | 39 | 48 | Imperial College Business School | UK |
56 | 41 | 43 | The University of Hong Kong | China |
57 | 56 | 53 | Rice University: Jones | US |
57 | 58 | 64 | University of Notre Dame: Mendoza | US |
59 | 63 | 66 | Pennsylvania State University: Smeal | US |
60 | 66 | 69 | Babson College: Olin | US |
61 | 47 | 46 | Indian Institute of Management Ahmedabad | India |
62 | 43 | 56 | Durham University Business School | UK |
63 | 43 | 52 | Singapore Management University: Lee Kong Chian | Singapore |
64 | 71 | 76 | WHU – Otto Beisheim School of Management | Germany |
65 | 48 | 59 | University of California at Irvine: Merage | US |
66 | 55 | 53 | Rotterdam School of Management, Erasmus University | Netherlands |
67 | 68 | 74 | Boston University: Questrom | US |
68 | 69 | 66 | University of St Gallen | Switzerland |
69 | - | - | Northeastern University: D'Amore-McKim | US |
70 | 90 | - | George Washington University | US |
71 | 77 | 70 | Mannheim Business School | Germany |
72 | 84 | 75 | Ohio State University: Fisher | US |
73 | 72 | 67 | University of Maryland: Smith | US |
74 | 73 | 76 | University of Pittsburgh: Katz | US |
74 | 92 | 86 | SMU: Cox | US |
76 | 83 | 81 | University of Rochester: Simon | US |
77 | - | - | University of Connecticut School of Business | US |
78 | 81 | 81 | University of Minnesota: Carlson | US |
79 | 80 | 86 | EMLyon Business School | France |
80 | 61 | 69 | Melbourne Business School | Australia |
81 | 79 | 83 | ESMT Berlin | Germany |
81 | 96 | 90 | University of Texas at Dallas: Jindal | US |
83 | 78 | 76 | Brigham Young University: Marriott | US |
84 | 86 | 83 | The Lisbon MBA Católica | Nova | Portugal |
85 | 75 | 72 | Purdue University: Krannert | US |
86 | 99 | - | Texas A & M University: Mays | US |
87 | 94 | 90 | Western University: Ivey | Canada |
88 | 70 | 74 | AGSM at UNSW Business School | Australia |
88 | 93 | 92 | Essec Business School | France |
88 | - | - | Edhec Business School | France |
91 | 87 | 85 | McGill University: Desautels | Canada |
92 | 81 | 81 | Wisconsin School of Business | US |
93 | - | - | Miami Herbert Business School | US |
94 | 85 | 88 | University of Toronto: Rotman | Canada |
95 | 87 | 85 | University of Edinburgh Business School | UK |
96 | - | - | University of California at San Diego: Rady | US |
97 | 74 | - | Macquarie Business School | Australia |
98 | - | - | City University of Hong Kong | China |
99 | 89 | 94 | University College Dublin: Smurfit | Ireland |
100 | - | - | University of Georgia: Terry | US |
Table Note
Footnotes:* 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.
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This ranking features the world’s best 100 full-time MBA programmes. A total of 156 schools took part in the 2020 edition. All participating schools meet the FT’s entry criteria, including being accredited by Equis or the AACSB.
The FT surveys alumni three years after completing their MBA. For schools to enter the ranking calculations, the FT requires that a minimum of 20 per cent of alumni reply to the survey, with at least 20 fully completed surveys per school. About 7,920 from the class of 2016 completed our survey — a response rate of 38 per cent.
The ranking has 20 different criteria. Alumni responses inform eight criteria that together hold a weight of 61 per cent. Eleven criteria are calculated from school data, accounting for 29 per cent of the ranking. KPMG audits a number of schools every year. The remaining criterion, the research rank, counts for 10 per cent.
Alumni-informed criteria are based on data collected over three years. Responses from the 2020 survey carry 50 per cent of total weight and those from 2019 and 2018, 25 per cent each. If only two years of data are available, the weighting is split 60:40 if data are from 2020 and 2019, or 70:30 if they are from 2020 and 2018. For salary figures, the weighting is 50:50 for two years’ data.
The first two alumni criteria are average income three years after graduation and salary increase compared with pre-MBA salary, both weighted at 20 per cent. For the latter, half of the weight applies to the absolute increase and half to the percentage rise (published). Current salaries are converted to US dollars using November 2019 International Monetary Fund purchasing power parity rates.
The salaries of non-profit and public sector workers and full-time students are removed, as are the highest and lowest salaries from each school, to calculate a normalised average. Finally, salaries are weighted to reflect differences between different sectors.
“Value for money” for each school is calculated by dividing their average alumni salary three years after graduation by their MBA’s total cost, including tuition, lost salary, opportunity cost and other expenses. Any financial help given to alumni is subtracted from the total.
The FT also collects information from schools on their current faculty, newly enrolled students and the latest graduating class. School criteria include the diversity of staff, board members and students by gender, nationality and the MBA’s international reach. For gender criteria, schools with a 50:50 composition score highest.
The research rank is based on the number of articles by full-time faculty in 50 internationally recognised academic and practitioner journals. The rank combines the number of publications from January 2017 to August 2019, with the number weighted relative to faculty size.
The corporate social responsibility rank is based on the proportion of teaching hours from core courses dedicated to CSR, ethics, social and environmental issues. It carries a weight of 3 per cent.
The FT Global MBA ranking is a relative listing. Schools are ranked against each other by calculating a Z-score for each criterion. The Z-score is a statistic that shows where a score lies in relation to the mean. These scores are then weighted as outlined in the ranking key and added together for a final score.
After removing schools that did not meet the response rate threshold from the alumni survey, a first version is calculated using all remaining schools. The school at the bottom is removed and a second version is calculated and so on until we reach the top 100. The top 100 schools are ranked accordingly to produce the 2020 list.
Judith Pizer of Jeff Head Associates acted as the FT’s database consultant. The FT research rank was calculated using Clarivate Analytics data from the Web of Science, an abstract and citation database of research literature.
Key
(weights for ranking criteria are shown in brackets as a percentage of the overall ranking.)
Salary today: average alumnus salary three years after graduation, US$ PPP equivalent. This figure is not used in the ranking.†
Weighted salary (20): average alumnus salary three years after graduation, US$ PPP equivalent, with adjustment for variations between sectors.†
Salary increase (20): average difference in alumni 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 in the table.
Value for money (3): calculated using salary today, course length, tuition and other costs, including lost income during the MBA.†
Career progress (3): calculated according to changes in the level of seniority and the size of company alumni are working in now, compared with before their MBA.†
Aims achieved (3): the extent to which alumni fulfilled their stated goals or reasons for doing an MBA.†
Careers service (3): effectiveness of the school careers service in terms of career counselling, personal development, networking events, internship search and recruitment, as rated by their alumni.†
Employed at three months (2): percentage of the most recent graduating class who had found employment or accepted a job offer within three months of completing their studies. The figure in brackets is the percentage of the class for which the school was able to provide employment data, and is used to calculate the school’s final score in this category.
Alumni recommend (3): calculated according to selection by alumni of three schools from which they would recruit MBA graduates.†
Female faculty (2): percentage of female faculty.
Female students (2): percentage of female students on the full-time MBA.
Women board (1): percentage of female members on the school’s advisory board.
International faculty (4): 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. ‡
International students (4): 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 in the table. ‡
International board (2): percentage of the board whose citizenship differs from the country in which the school is based.
International mobility (6): based on alumni citizenship and the countries where they worked before their MBA, on graduation and three years after graduation.
International course experience (3): calculated according to whether the most recent graduating MBA class completed exchanges, credited short classes, study tours and company internships in countries other than where the school is based.
Languages (1): number of extra languages required on completion of the MBA.
Faculty with doctorates (5): percentage of full-time faculty with a doctoral degree.
FT research rank (10): calculated according to the number of articles published by current full-time faculty members in 50 selected academic and practitioner journals between Jan 2017 and Aug 2019. The FT50 rank combines the absolute number of publications with the number weighted relative to the faculty’s size.
Corporate Social Responsibility (3): proportion of teaching hours from core courses dedicated to CSR, ethics, social and environmental issues.
Schools with a 50:50 (male/female) composition receive the highest possible score in the three gender-related criteria.
† Includes data for the class of 2016 and one or two preceding classes where available.
* Graduated between July 2018 and June 2019.
‡ While we recognise the distinction between Chinese and Taiwanese scholars and students, within China no such distinction may have been observed when recording diversity.
Judith Pizer of Jeff Head Associates acted as the FT’s database consultant. The FT research rank was calculated using Clarivate Analytics data from the Web of Science, an abstract and citation database of research literature.
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