The annual ranking of 240 international MBA programs by QS Quacquarelli Symonds is released alongside a ranking for 128 Masters in Management programs, 155 Masters in Finance courses, 84 Masters in Business Analytics degrees, and 77 Masters in Marketing programs.
These rankings are based on surveys of 32,000 global employers, 36,000 academics, and 30,000 alumni, to help you choose which school might be right for you.
Best MBA programs
Stanford Graduate School of Business has been ranked the world’s top MBA for the second consecutive year. Stanford shares the pedestal with the Wharton School, which leapt over Harvard Business School (second last year) to reach the top from third place last year.
QS assess MBA programs based on employability, entrepreneurship, alumni outcomes, return on investment, research strength, class, and faculty diversity.
Stanford and Wharton are ranked top because they achieved near-perfect reputation scores from employers. They are helped by the buoyant US jobs market where most US MBA grads end up, with several schools reporting record starting salaries and placement rates for their students this year. In 2018, average compensation for Stanford MBAs was over $200,000 in the first year out of business school.
Chicago Booth rose from nine to eight, UC Berkeley Haas jumped from 17 to nine, and Northwestern Kellogg was at 10, up from 14 last year. This is despite the elite US schools reporting declines in applications to their top MBAs for the second year running in 2019, sometimes double-digit drops.
While nearly half the top 100 MBAs are in the US, including seven of the top 10, European and Asian schools made inroads. INSEAD, which rose from six to joint-third with MIT Sloan, London Business School, and HEC Paris are also in the top 10.
The UK is the second-most-represented study destination among the top 100 MBAs with 10 ranked courses, followed by France with six programs, two in the top 10. This includes INSEAD which also has campuses in Singapore and Abu Dhabi, and was named the best MBA in Asia.
INSEAD is ahead of Shanghai’s CEIBS at 25th and NUS Business School at 32nd. In Australia, Melbourne Business School is top, ranked 26th globally.
Nunzio Quacquarelli, CEO at QS, said: “Prospective students today face countless options when considering an educational degree of management.”
The University of Oxford’s Saïd Business School in the UK topped the Master of Finance ranking for the first time, and HEC Paris was a new leader in the masters in marketing ranking. The French school also has the top masters in management degree.
MIT Sloan has the best business analytics degree for the second year running.
Alex Chisholm, head of analytics at QS, said: “Masters in Business Analytics programs—in terms of both student demand and new program creation—remains the fastest-growing business school program, as employers around the world increasingly require data literacy.
“The global landscape of business education is as diverse as ever, and the broad portfolio of programs empower business schools with the unique ability to deliver lifelong learning to young professionals, mid-career managers, and senior leaders alike.”