INSEAD Tops Financial Times Ranking

Some of the 2015 MBA graduates from CEIBS, the highest ranked school in China

Some of the 2015 MBA graduates from CEIBS, the highest ranked school in China


Even several schools among the Top 25, where typically less change occurs, felt the topsy-turvy effects of the FT ranking and its peculiar methodology. IESE Business School plummeted nine places to rank 16th from seven a year ago, while CEIBS (China Europe International Business School) in China fell six spots to finish 17th from 11th a year earlier. IMD in Switzerland rose seven places to a rank of 13th from 20th, while the University of Michigan’s Ross School improved four spots to a rank of 20th. UC-Berkeley’s Haas School of Business, Cambridge University’s Judge School, and Northwestern University’s Kellogg School of Management all gained three places each, respectively finishing at ranks of seventh, 10th and 11th.

More shocking, perhaps, is the disappearance of several highly prominent business schools. Purdue University’s Krannert School, ranked 48th last year, is no longer on the list. That means the school would have had to tumble at least 54 places in failing to achieve any numerical rank on the FT list. Arizona State University’s Carey School and Southern Methodist University’s Cox School, both tied at a rank of 76th in 2015, also disappeared, indicating drops of 26 spots each (see Winners & Losers In The FT’s 2016 Ranking).

The biggest drop among schools that still clung to the list was felt by the University of Iowa’s Tippie School. Tippie’s small full-time MBA program, with just over 50 graduates a year, plunged 31 places to a rank of 94th from 63rd only 12 months earlier. What disaster foretold the decline? The latest crop of MBAs from the school reported record average salaries of $94,088, up 10% from $85,585 in 2014, while the average signing bonus jumped 27% to $20,795, from $16,421 a year earlier. What’s more 98% of the grads had jobs three months after graduation, up from 93% in 2014. It would be hard to argue that Tippie deserved to fall 31 places after a year like that.


Compare Tippie’s fate on the list to the school, Renmin University of China, that rose the highest to make the FT ranking for the very first time. Rennin’s business school was only accredited by the AACSB in 2012, even though it was one of nine schools that began its own MBA program in China 22 years earlier in 1990. The class profile for its 27 MBA students shows an average GMAT score of 580, nearly 100 points below Tippie’s average, with only seven students from outside China.

There is no employment report available on the school’s website–for any year–but the median salary for MBA graduates of the best business school in China, CEIBs, was $54,715 last year, roughly $44,000 a year less than MBAs at Tippie made. Thanks to the magic of the FT‘s purchasing power adjustment to alumni salaries, however, the newspaper claims a Renmin alum made $94,233 vs. Tippie’s $103,058. The example is not intended to discredit Renmin but to point out the head-scratching, if not mindless, way in which the Financial Times assesses the quality of MBA programs.

Up and down the ranking, similar stories abound. Boston College’s Carroll School of Management jumped 21 places to rank 69th this year, up from 90th a year ago. The University of Cape Town lost 24 spots to rank 76th, down from 52. The University of Illinois at Urbana-Champaign sank 20 places to a rank of 91st, from 71 a year ago. Yet there were no substantive changes in the MBA programs or the fortunes of alumni from these institutions to justify those kinds of massive shifts in rankings.


    You guys need to understand that there is a world outside of the US. You don’t ask yourselves why Wharton partnered with INSEAD? I am one of those people only interested in INSEAD. Planning on applying to US schools only if INSEAD dings me.
    In terms of jobs INSEAD = HSW in the US in MBB, if you are American interested in going back to work there you just need to do the exchange with Wharton and that’s it. So why bother with a two year program that is twice as expensive?

    Also INSEAD is not for everyone, if you have never stuck your nose outside of the US, INSEAD will ding you. If you only speak one language, INSEAD will ding you.

    And I repeat I will turn down any HBS, Stanford and Wharton to go to INSEAD. As a matter of fact I only applied to INSEAD and I am not the only one in this case.

  • Mehul Mishra

    A really poor statistician if you make conclusions without data

  • PrincetonStats

    As a statistician, let me tell you this. You are really stupid. Thank you.

  • Skdbdjsb

    Of course it is no secret that Harvard, Stanford, MIT are the best overall universities in the US.

    The FT rankings look at MBA programs, and for that Harvard, Stanford and Penn (Wharton) are the established too schools, MIT (Sloan) is close behind.

  • Almost

    Not for undergrad. Berkeley has many good grad schools but for undergrads it is a stepchild to the ivies, Stanford, MIT, Duke,Chicago.

  • clark marian

    How i got my Desired Loan Amount from a Reliable Loan Company (JONES INVESTMENTS LIMITED)

    Hello everybody, I am Nina Jamie currently living in Toronto,Canada. I am a widow at the moment with three kids and i was stuck in a financial situation by September to December 31 2015 last year and i needed to refinance and pay my bills and start up a Business this year 2016. I tried seeking for loans from various loan firms both private and corporate but never with success, and most banks declined my credit. But as God would have it, i was introduced to a man of God by a friend named Clifford Boatin and i got a loan sum of $900,000.00 on the 4th of January 2016 and today am a business owner and my kids are doing well at the moment. So my friend, if you must contact any firm or investments into any company with reference to securing a loan with low interest rate of 4% and better repayment plans and schedule, please contact Mr Jones Investment limited (JONESINVESTMENLIMITED@OUTLOOK.COM) He doesn’t know that am doing this but am so happy now and I decided to let people know more about him, He offers all kinds of loans to both individuals and company and also i want God to bless him more. You can contact him through his email via: [JONESINVESTMENLIMITED@OUTLOOK.COM]

    God bless you all.

  • Mehul Mishra

    There is no college called “IMM Ahemdabad” please correct this to “IIM Ahmedabad”.
    Also i find it funny that you say that the US has “only” 47 colleges in the list. There are 196 countries on the planet . One country (USA) comprises half of this list and you are still complaining that that is too less.
    I think the fact that the other 195 countries have representation on only half this list is not fair. If we were to make this ranking by a global voting process it would be drastically different.

  • JohnAByrne

    Bonuses are not included nor are stock options or grants. Only salary. So total compensation is not reflected in the numbers.