The 50 best MBA programs in the world
Madison Hoff
- QS Quacquarelli Symonds, a global higher education analyst, just released its 2021 Global MBA Ranking.
- Each year QS ranks the best business schools globally using five metrics and surveys from employers and academics.
- Stanford Graduate School of Business ranked at the top again, while University of Pennsylvania's Wharton School slipped to second place.
QS Quacquarelli Symonds, a global higher- and business-education analyst, just released its 2021 Global MBA Ranking.
To find the best MBA programs, QS used five key metrics to develop an overall index: employability, entrepreneurship and alumni outcomes, return on investment, thought leadership, and class and faculty diversity.
"In addition to analyzing program-related inputs, QS also considered the reputation of specific business schools from the perspective of nearly 37,000 global employers and more than 34,000 global academics," Dr. Andrew MacFarlane, the rankings manager at QS, said about the latest world rankings. "Finally, we mapped the education paths of 27,831 successful alumni back to specific institutions."
Interest in recruiting business school graduates has picked up again after falling amid uncertainty earlier in the pandemic, according to a Graduate Management Admission Council survey in September.
Stanford Graduate School of Business ranked at the top again, while the University of Pennsylvania's Wharton School dropped to second place after tying for first in last year's ranking.
Read on to find out the top 50 global MBA programs, along with typical costs and the average salary earned three months after graduating. The full list and other rankings, such as programs specializing in finance or supply chain management, can be found on QS' TopMBA website.
50. IIM Ahmedabad grads earn an average post-graduation salary of $40K to $50K.
49. Dartmouth (Tuck) grads earn an average post-graduation salary of $130K to $140K.
Location: Hanover, New Hampshire
Tuition and fees: $140K to $150K
48. Manchester (Alliance) grads earn an average post-graduation salary of $70K to $80K.
Location: Manchester, United Kingdom
Tuition and fees: $50K to $60K
47. ESCP Business School grads earn an average post-graduation salary of $100K to $110K.
Location: Paris, France/London
Tuition and fees: Less than $50K
46. EGADE Business School grads earn an average post-graduation salary of $50K to $60K.
Location: Mexico City, Mexico
Tuition and fees: $50K to $60K
45. Toronto (Rotman) grads earn an average post-graduation salary of $70K to $80K.
Location: Toronto, Canada
Tuition and fees: $90K to $100K
43 (tie). University of Hong Kong grads earn an average post-graduation salary of $80K to $90K.
43 (tie). HKUST grads earn an average post-graduation salary of $70K to $80K.
42. Frankfurt School of Finance & Management grads earn an average post-graduation salary of $70K to $80K.
Location: Frankfurt am Main, Germany
Tuition and fees: $40K to $50K
Read more about Frankfurt School of Finance & Management here.
41. UNSW (AGSM) grads earn an average post-graduation salary of $80K to $90K.
Location: Sydney, Australia
Tuition and fees: $60K to $70K
Read more about Australian Graduate School of Management at UNSW here.
40. EDHEC Business School grads earn an average post-graduation salary of $110K to $120K.
39. Mannheim Business School grads earn an average post-graduation salary of $100K to $110K.
Location: Mannheim, Germany
Tuition and fees: $40K to $50K
38. Indiana (Kelley) grads earn an average post-graduation salary of $110K to $120K.
Location: Bloomington, Indiana
Tuition and fees: $50K to $60K
37. Carnegie Mellon (Tepper) grads earn an average post-graduation salary of $120K to $130K.
Location: Pittsburgh, Pennsylvania
Tuition and fees: $130K to $140K
36. Texas (McCombs) grads earn an average post-graduation salary of $120K to $130K.
Location: Austin, Texas
Tuition and fees: $110K to $120K
35. CEIBS grads earn an average post-graduation salary of $60K to $70K.
34. Warwick Business School grads earn an average post-graduation salary of $90K to $100K.
Location: Coventry, United Kingdom
Tuition and fees: $50K to $60K
33. Boston (Questrom) grads earn an average post-graduation salary of $90K to $100K.
Location: Boston, Massachusetts
Tuition and fees: $110K to $120K
32. Cornell (Johnson) grads earn an average post-graduation salary of $130K to $140K.
Location: Ithaca, New York
Tuition and fees: $140K to $150K
Read more about Cornell SC Johnson College of Business here.
30 (tie). USC (Marshall) grads earn an average post-graduation salary of $120K to $130K.
Location: Los Angeles, California
Tuition and fees: $110K to $120K
30 (tie). Nanyang NTU Singapore grads earn an average post-graduation salary of $70K to $80K.
29. Erasmus (RSM) grads earn an average post-graduation salary of $70K to $80K.
Location: Rotterdam, Netherlands
Tuition and fees: $50K to $60K
28. National University of Singapore (NUS) grads earn an average post-graduation salary of $70K to $80K.
Location: Singapore
Tuition and fees: $40K to $50K
27. ESSEC Business School grads earn an average post-graduation salary of $90K to $100K.
26. Melbourne Business School grads earn an average post-graduation salary of $110K to $120K.
Location: Melbourne, Australia
Tuition and fees: $60K to $70K
25. IMD grads earn an average post-graduation salary of $130K to $140K.
24. Copenhagen Business School grads earn an average post-graduation salary of $90K to $100K.
23. SDA Bocconi grads earn an average post-graduation salary of $120K to $130K.
22. Imperial College Business School grads earn an average post-graduation salary of $80K to $90K.
Location: London, United Kingdom
Tuition and fees: $60K to $70K
21. Duke (Fuqua) grads earn an average post-graduation salary of $130K to $140K.
Location: Durham, North Carolina
Tuition and fees: $140K to $150K
20. Michigan (Ross) grads earn an average post-graduation salary of $120K to $130K.
Location: Ann Arbor, Michigan
Tuition and fees: $70K to $80K
19. NYU (Stern) grads earn an average post-graduation salary of $130K to $140K.
Location: New York, New York
Tuition and fees: Over $150K
17 (tie). Yale School of Management grads earn an average post-graduation salary of $130K to $140K.
Location: New Haven, Connecticut
Tuition and fees: $130K to $140K
17 (tie). Cambridge (Judge) grads earn an average post-graduation salary of $90K to $100K.
Location: Cambridge, United Kingdom
Tuition and fees: $70K to $80K
16. Oxford (Saïd) grads earn an average post-graduation salary of $90K to $100K.
Location: Oxford, United Kingdom
Tuition and fees: $80K to $90K
15. UCLA (Anderson) grads earn an average post-graduation salary of $120K to $130K.
Location: Los Angeles, California
Tuition and fees: $130K to $140K
14. Northwestern (Kellogg) grads earn an average post-graduation salary of $130K to $140K.
Location: Evanston, Illinois
Tuition and fees: $140K to 150K
13. ESADE Business School grads earn an average post-graduation salary of $100K to $110K.
11 (tie). IESE Business School grads earn an average post-graduation salary of $120K to $130K.
11 (tie). Chicago (Booth) grads earn an average post-graduation salary of $140K to $150K.
Location: Chicago, Illinois
Tuition and fees: $140K to $150K
Read more about The University of Chicago Booth School of Business here.
10. UC Berkeley (Haas) grads earn an average post-graduation salary of $130K to $140K.
Location: Berkeley, California
Tuition and fees: $110K to $120K
9. IE Business School grads earn an average post-graduation salary of $90K to $100K.
8. Columbia Business School grads earn an average post-graduation salary of $140K to $150K.
Location: New York, New York
Tuition and fees: $140K to $150K
7. London Business School grads earn an average post-graduation salary of $100K to $110K.
Location: London, United Kingdom
Tuition and fees: $100K to $110K
6. INSEAD grads earn an average post-graduation salary of $100K to $110K.
5. HEC Paris grads earn an average post-graduation salary of $120K to $130K.
4. Harvard Business School grads earn an average post-graduation salary of $140K to $150K.
Location: Boston, Massachusetts
Tuition and fees: $140K to $150K
3. MIT (Sloan) grads earn an average post-graduation salary of $140K-$150K.
Location: Cambridge, Massachusetts
Tuition and fees: $140K to $150K
2. Penn (Wharton) grads earn an average post-graduation salary of $140K to $150K.
Location: Philadelphia, Pennsylvania
Tuition and fees: Over $150K
Read more about Wharton School of the University of Pennsylvania here.
1. Stanford Graduate School of Business grads earn an average post-graduation salary of over $150K.
Location: Stanford, California
Tuition and fees: $140K to $150K
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