Business is a blueprint for future development and economic growth across the globe. It is an integral part of the economy and that is why so much has been invested by different institutions across the globe to ensure that those studying business get the best education.
Employers are very keen on the kind of education that business graduates get since they need to be well-equipped individuals that can add value to their entities.
Here is a list of top 10 Business Schools in the world according to the latest Financial Times Global MBA Ranking 2017 (based on multiple criteria):
1. INSEAD- France/ Singapore
INSEAD France, the #1 B-school in the world, attracts excellent students from all parts of the globe. It has an excellent employer rating of 100 and an average GMAT of 704. Graduates from this university get very competitive salaries in the market with an average of $167,305. In the category of International Management, the school was at the top of the league.
INSEAD Singapore is another pioneer B-school with global reputation, which ranks #1 in management practice and academia.
2. Stanford Graduate School of Business
This is one of the best-performing and prestigious Business Schools in the world. It is located in the United States but serves high quality students across the globe. It has an employer index of 100, and graduates from this business school earn a average pay of $127, 000. The average GMAT score is 730 six points ahead of its all time rival Harvard Business School. The class size is 385 with 34% being women.
The school ranked second in the Corporate Social Responsibility and Entrepreneurship categories with a score of 100. In the categories of Strategy, Finance and Leadership it bagged the fourth position with a score of 100. In the innovation category it came second after none, with a score of 100.
3. The Wharton School, University of Pennsylvania
This is one of the top 10 Business Schools in the world located in the United States. It is an elite global business school that has an employer rating of 100. Graduates from this school of business scoop an average pay of $118,000. The class size is usually around 588 students with a 35% concentration of ladies.
Finance being a core field in business education, University of Pennsylvania has continued with its outstanding performance to retain the top position in this category. In Strategy, Entrepreneurship, Leadership and International Management it ranked third. It has a remarkable record of average GMAT of 720.
4. Harvard Business School
This forms an established cadre of the world’s finest business institutions in the world. Its brick and mortar in the United States does not lock excellent students from other parts of the globe to study in this prestigious school.
Harvard has an employer index of 100, and graduates from this university earn an average pay of $122,000. The class size is 941, 36% being women. The quality of education is top notch, and graduates from this school are in high demand among employers in different fields ranging from finance to consulting firms across the globe.
World renowned companies like IBM, KPMG, GE, LG, Morgan Stanley, TATA, and Deloitte Consulting among other established firms rate graduates from this university highly. Harvard Business School prides itself in taking the lead in Corporate Social Responsibility, Entrepreneurship, Leadership and Strategy categories.
On the hindsight, it is third best in Innovation, Finance and International Management. This clearly shows that this school reigns authority when it comes to business courses and a force to reckon with.
5. University of Cambridge: Judge Business School (CJBS)
CJBS is one of the most sought-after business schools which believe in working with every organisation and individual at a deeper level. The school believes in reinforcing new ideas and putting classroom learning into best practice.
CJBS is a department of the University of Cambridge and part of the Faculty of Technology. It offers a range of programmes in business across all age groups.
CJBS has an employment rate of 89%, and graduates from this School earn a average pay of $164,714. The School exercises gender equality across its board members.
Check the site of CJBS to get all details.
6. London Business School
London Business School has established an excellent reputation for itself around the world; thus, attracting quality candidates from all parts of the globe. It has an employer rating of 100 and an average GMAT of 697. Graduates from London Business School get an average pay of $118,000. The class size is 403 students, 27% being women. It has 90% international students.
It is crystal clear that this school is a force to reckon with in the global scene. In Finance category it ranked third while in International Management and Strategy categories it ranked 4th and 5th, respectively.
7. Columbia Business School, Columbia University
This is one another high-performing school of business form the United States. It seems that schools based in United States have preeminence in the eyes of employers as compared to business schools in other parts of the globe.
Columbia Business School has an employer rating of 100 and average GMAT of 720. Graduates from this university get an average pay of $113,000. The class size is 745 students, 32% being women.
8. IE Business School
IE Business School is located in Spain and has an employer rating of 99.8. It has an average GMAT of 680, and graduates from this school get an average pay of $110,000. The class size is 450 with 33% being women. In the categories of Entrepreneurship and International Management the school ranked 4th and 5th, respectively.
9. The university of Chicago, Booth School of Business
Booth is located in the United States with an employer rating of 100. The average GMAT is 719, and graduates from this university scoop an average pay of $113,000. The class size is 588, 35% being women.
10. IESE Business School
Ranks #1 in the world for its executive education, the IESE Business School in Spain has become of the leading business schools, with agrowing alumni network of 40,000 professionals.
IESE holds accreditations from notable bodies like the AMBA, EQUIS and AACSB. It has many MBA programmes on offer, including full-time MBA, Global Executive MBA and Executive MBA.
The School has 92% employment rate and graduates from this School earn a average pay of $146,108.
Additional information: You may also want to check out 'Study an Executive MBA abroad'.
Image Source: www.careerealism.com
Facts source: FT Global MBA Ranking 2017