The University of St Gallen has again been ranked number one by the Financial Times in its annual Master in Management ranking. The Swiss school has topped the table for the last six years, ahead of French schools HEC Paris, Essec and ESCP Europe. The rest of the top ten is made up of a pan-European panoply of leading establishments from the Netherlands, the UK, Spain, Austria and Germany.
A record total of 90 schools from 25 different countries were ranked this year, seeing new entries from as far afield as the US (Arizona State University at 82), Taiwan (National Sun Yat-sen University at 87) and Canada (Queen’s University: Smith at 59), testifying to the growing appeal of the Master in Management diploma outside of Europe. The highest new entry is University College Dublin: Smurfit (ranked 22), while the lowest is China’s Southwestern University of Finance and Economics (90).
Other notable movements in the table came from the Stockholm School of Economics, which progressed 16 places to 28; the Nova School of Economics which climbed 14 places to 17 and Telecom Business School which dropped 13 places to 46.
French schools dominate the rankings with a total of 24 institutions ranked. The trend was positive with 12 schools winning places and only 7 slipping. A further 5 schools held their place or entered the ranking for the first time. Winners included Burgundy School of Business (up 9 places to 67), IAE Aix-Marseille (up 9 places to 46), Grenoble Ecole de Management (up 7 places to 13) and EM Normandie (up 6 places to 63). The biggest losers in France, added to Telecom as above, were La Rochelle Business School (down 12 places to 60) and Kedge (down 8 places to 53).
Also on the rise this year were the graduate salaries. At St Gallen, they rose to $102,000, up from $90,000 in 2015. It was IIM Ahmedabad though that recorded the highest average salary of $109,000, followed closely by another Indian school IIM Bangalore with $106,000. The lowest average salary was $24,000 from China’s Southwestern University of Finance and Economics.
Find out the complete article on FT page, or the MiM interactive ranking.