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Full-time MBA Ranking 2021

A year ago, even before most people had heard of a new respiratory disease centred around a wet market in Wuhan, the MBA was already falling out of fashion. With the global economy booming, the opportunity cost of this pricey degree (top schools charge $100,000 or more a year) did not seem worthwhile to many. Then, as the virus took hold, the attraction seemingly dwindled further. Lectures moved online, team exercises became socially distant and study-trips abroad were cancelled. Without the professional networking opportunities that MBAs provide, how could they possibly survive?

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Rather than just about hanging on, many schools are positively flourishing. According to the latest annual global survey of more than 300 business schools by the Graduate Management Admission Council, 66% of programmes saw applications rise. Business schools deserve credit for adapting their business models—as their professors preach others to do. Many delayed the start of semesters, offered generous scholarships, waived exam requirements and liberalised policies on deferrals. And when we contacted schools in May to ask if they still wanted to take part in our full-time WhichMBA rankings, the vast majority were in favour of participating. Although some well-known schools are missing, we have ranked 90 schools on their full-time courses, using responses to quantitative and qualitative questions from thousands of current and former MBA students.

Welcome to the new Which MBA? We will be rolling out features throughout the month, please check back in soon.SearchIndicatorOverall scoreOpen new career opportunitiesDiversity of recruitersDiversity of recruiters – breadthDiversity of recruiters – evenness of spreadPercentage of job-seeking graduates with job offer 3 months after graduationAlumnus rating of career service (out of 5)Personal development and educational experienceFaculty qualityRatio of faculty to studentsPercentage of full-time faculty with PhDStudent/alumnus rating of faculty (out of 5)Student qualityAverage GMAT scoreAverage number of years’ work experiencePre MBA salary, current students $Student/faculty diversityStudent geographical diversity score (out of 100)Student gender diversity score (out of 100)Student rating of culture and classmates (out of 5)Faculty gender diversity score (score out of 100)Education experienceStudent/alumnus rating of programme content (score out of 5)Range of and access to overseas study programmes (score out of 100)Number of languages on offerStudent/alumnus rating of facilities (score out of 5)SalaryPost MBA salary, alumni, $Salary increase, alumni, %Potential to networkRatio of alumni to current studentsNumber of overseas MBA alumni chaptersNumber of overseas business-school alumni chaptersAlumnus rating of alumni effectiveness (score out of 5)CountryAllAustraliaCanadaChinaDenmarkFranceGermanyHong KongIndiaIrelandItalyJapanMonacoNetherlandsNigeriaPortugalSingaporeSouth KoreaSpainSwitzerlandUnited KingdomUnited StatesYear202120192018

RankBusiness SchoolBand OverallCountryScoreRank Change
1IESE Business SchoolASpain+9
2HEC Paris Business SchoolAFrance+1
3University of Michigan – Stephen M. Ross School of BusinessAUnited States+6
4New York University – Leonard N Stern School of BusinessAUnited States+13
5Georgia Institute of Technology – Scheller College of BusinessBUnited States+18
6SDA Bocconi – School of ManagementBItaly+7
7EDHEC Business SchoolBFrance+25
8University of Washington – Foster School of BusinessBUnited States+12
9Carnegie Mellon University – The Tepper School of BusinessBUnited States+22
10IMD – International Institute for Management DevelopmentBSwitzerland+25
11University of Minnesota – Carlson School of ManagementBUnited States+28
12University of Florida – Warrington College of BusinessBUnited States+18
13Indiana University – Kelley School of BusinessBUnited States+23
14University of Georgia – Terry College of BusinessBUnited States+19
15Hult International Business SchoolBUnited States+23
16University of North Carolina at Chapel Hill – Kenan-Flagler Business SchoolBUnited States+18
17University of Warwick – Warwick Business SchoolBUnited Kingdom+7
18Vanderbilt University – Owen Graduate School of ManagementBUnited States+11
19University of Wisconsin-Madison – Wisconsin School of BusinessBUnited States+27
20ESADE Business SchoolBSpain+20
21York University – Schulich School of BusinessBCanada+27
22EMLYON – EMLYON Business SchoolBFrance+29
23Arizona State University – W. P. Carey School of BusinessBUnited States+19
24University of Notre Dame – Mendoza College of BusinessBUnited States+25
25University of Rochester – Simon Business SchoolBUnited States+32
26University of Mannheim – Mannheim Business SchoolBGermany+18
27Georgetown University – Robert Emmett McDonough School of BusinessBUnited States+18
28Pennsylvania State University – Smeal College of BusinessBUnited States+15
29The Ohio State University – Fisher College of BusinessBUnited States+21
30University of Pittsburgh – Katz Graduate School of BusinessBUnited States+23
31Michigan State University – Eli Broad College of BusinessCUnited States+41
32Brigham Young University – Marriott School of BusinessCUnited States+15
33International University of MonacoCMonaco+38
34University of Melbourne – Melbourne Business SchoolCAustralia-6
35University of Maryland – Robert H Smith School of BusinessCUnited States
36North Carolina State University – Poole College of ManagementCUnited States+57
37Durham University – Durham University Business SchoolCUnited Kingdom+21
38Nanyang Technological University – Nanyang Business SchoolCSingapore+35
39IE University – IE Business SchoolCSpain+30
40University of California at Irvine – Paul Merage School of BusinessCUnited States+16
41Macquarie Business SchoolCAustralia+33
42University of California at Davis – Graduate School of ManagementCUnited States+19
43National University of Singapore – The NUS Business SchoolCSingapore+17
44Indian School of BusinessCIndia
45George Washington University – School of BusinessCUnited States+40
46European School of Management and Technology – ESMT BerlinCGermany+19
47The University of Queensland Business SchoolCAustralia+7
48Boston University – Questrom School of BusinessCUnited States+22
49Texas Christian University – Neeley School of BusinessCUnited States+38
50University of Hong Kong – HKU Business SchoolCHong Kong+17
51Indian Institute of Management AhmedabadCIndia+24
52ESSEC Business SchoolCFrance, Singapore+45
53University of St.GallenCSwitzerland+39
54University of Tennessee, Knoxville – Haslam College of BusinessCUnited States+25
55University of Nottingham – Nottingham University Business SchoolCUnited Kingdom+29
56Western University – Ivey Business SchoolCCanada+7
57Queen’s University – Smith School of BusinessCCanada+23
58Sun Yat-sen University – Sun Yat-sen Business SchoolCChina+10
59University of Edinburgh Business SchoolCUnited Kingdom+7
60Cranfield School of ManagementCUnited Kingdom-1
61Leeds University Business SchoolCUnited Kingdom+17
62EADA Business School BarcelonaCSpain+34
63WHU – Otto Beisheim School of ManagementCGermany+13
64Copenhagen Business SchoolCDenmark
65University of Exeter – University of Exeter Business SchoolCUnited Kingdom+21
66Lancaster University – Lancaster University Management SchoolCUnited Kingdom+22
67University College Dublin – Michael Smurfit Graduate School of BusinessDIreland+23
68Concordia University – John Molson School of BusinessDCanada+23
69University of Birmingham – Birmingham Business SchoolDUnited Kingdom+13
70Grenoble Ecole de ManagementDFrance+13
71University of Glasgow – Adam Smith Business SchoolDUnited Kingdom+28
72University of Arizona – Eller College of ManagementDUnited States
73International University of Japan – Graduate School of International ManagementDJapan+21
74University of California, San Diego – Rady School of ManagementDUnited States
75Fordham University – Gabelli School of BusinessDUnited States
76Tilburg University – TIAS School for Business and SocietyDNetherlands
77University of Miami – Miami Herbert Business SchoolDUnited States
78The University of Liverpool – The University of Liverpool Management SchoolDUnited Kingdom+20
79Case Western Reserve University – Weatherhead School of ManagementDUnited States
80Audencia Business SchoolDFrance
81Yonsei UniversityDSouth Korea+14
82Trinity College Dublin – School of BusinessDIreland
83Ryerson University – Ted Rogers School of ManagementDCanada
84HEC MontréalDCanada
85Aston University – Aston Business SchoolEUnited Kingdom
86Politecnico di Milano School of ManagementEItaly
87ESIC Business and Marketing SchoolESpain
88Pan-Atlantic University – Lagos Business SchoolENigeria
89The Lisbon MBAEPortugal
90City University of Hong Kong – College of BusinessEHong Kong
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