FT Top MBAs For Finance: Stanford GSB Retains Top Rank

For the second year in succession, Stanford University’s Graduate School of Business has retained the number one spot in the Top MBAs for Finance 2018 rankings followed by the Wharton School at the University of Pennsylvania in the second place and the University of Chicago’s Booth School of Business in the third.

This is only the second year that FT has come out with a separate ranking for Finance programs, based on the data gathered for the FT Global MBA Ranking 2017, listing 50 schools.

ISB is the only Indian school to figure in the rankings. It went up two places to rank 44 from the previous year’s 46. Alumni salary was reported at $152,000, salary increase at 178%, value for money rank 20, career progress rank 37, career service rank 42 and aims achieved 82%.

Harvard Business School (HBS) is in the 4^th rank, followed by NYU Stern in the 5^th and MIT Sloan in the 6^th rank. INSEAD breaks into the hitherto exclusive ranking of US business schools at number 7 along with Judge Business School at Cambridge University at rank 8 and CEIBS at 9^th place. Columbia Business School occupies the 10^th rank.

US schools dominate the top 20 rankings occupying a total of 13 spots.

FT’s ranking methodology puts emphasis on compensation, with 40% of the ranking based on average salary three years after graduation and the average salary increase from pre-MBA days. The 13 metrics in its methodology range from the percentage of alumni who work in finance to the percentage of female and international students who pursue financial careers.

In the case of Stanford, the alumni salary was $252,000, salary increase was 124%, value for money rank 10, career progress rank 3, career service rank 23 and aims achieved 87%.

Wharton had climbed to 2^nd rank having been placed at 7 in the previous year. The school’s alumni drew a salary of $227,000, an increase of 111%. It was placed 30 in value for money rank and 10 for career progress. Its career service rank was 9 and aims achieved 87.

Chicago Booth had also risen to the 3^rd spot from being ranked 5 in the previous year. The alumni drew a salary of $211,000, an increase of 125%. Its value for money rank was 26, career progress rank 20, career service rank 2 and aims achieved 88%.

After the US, schools in the UK find good representation in the rankings. While the Top 10 had Cambridge Judge, at rank 12 was London Business School, City University Cass at 22, Imperial College at 24, Oxford Said at 25 and Alliance Manchester Business School at 42.

China was represented by University of Hong Kong (13), HKUST Business School (14) and Shanghai Jiao Tong University (Antai) at Rank 15.

ISB is the only Indian school to figure in the rankings. It went up two places to rank 44 from the previous year’s 46. Alumni salary was reported at $152,000, salary increase at 178%, value for money rank 20, career progress rank 37, career service rank 42 and aims achieved 82%.