Poets&Quants’ 2016 Ranking Of The Best International Business Schools

Melbourne Business School jumped 18 places in the 2016 ranking to finish 20th

The Definitive List Of The Top International MBA Programs of 2016 — 1 to 25

School Name 2015 Rank Index Financial
The Economist Business
#1 INSEAD 1 100.0 1 (2) 4 (2) 2 (3) 1 (1)
#2 London Business School 2 98.9 2 (1) 9 (9) 1 (2) 1 (1)1
#3 IESE Business School 3 97.6 8 (3) 1 (3) 5 (7) 2 (2)
#4 IE Business School 4 96.9 4 (4) 5 (5) 6 (4) 5 (5)
#4 IMD 6 96.9 5 (10) 7 (12) 7 (5) 2 (2)
#6 HEC Paris 5 96.2 7 (8) 2 (1) 11 (10) 3 (3)
#7 Cambridge (Judge) 7 94.4 3 (6) 24 (25) 4 (8) 3 (3)
#8 SDA Bocconi 9 92.7 12 (12) 13 (19) 8 (12) 4 (4)
#9 ESADE 7 89.5 10 (9) 19 (7) 12 (11) 10 (10)
#10 Oxford (Saïd) 10 87.6 14 (11) 36 (33) 3 (6) 7 (7)
#11 Hong Kong UST 12 87.2 6 (7) 27 (34) 29 (25) 5 (5)
#12 Warwick Business School 14 85.6 27 (21) 6 (6) 22 (NR) 8 (8)
#13 Cranfield School of Management 11 85.5 31 (23) 16 (20) 14 (13) 6 (6)
#14 National University of Singapore 16 80.6 17 (16) 48 (40) 21 (NR) 7 (7)
#15 CEIBS 13 72.7 9 (4) NR (NR) 24 (21) 4 (4)
#16 Manchester Business School 15 69.5 21 (19) NR (NR) 19 (19) 6 (6)
#17 Lancaster School of Management 17 66.7 19 (26) 31 (39) NR (NR) 9 (9)
#18 Mannheim Business School 18 55.6 29 (29) 14 (14) 20 (27) NR (NR)
#19 ESMT 19 54.1 36 (33) 18 (18) 13 (15) NR (NR)
#20 Melbourne Business School 38 53.1 46 (45) 12 (15) 9 (23) NR (NR)
#21 Western (Ivey) 23 50.6 47 (48) 22 (27) 10 (1) NR (NR)
#22 St. Gallen 22 50.2 33 (34) 39 (29) 16 (14) NR (NR)
#23 Rotterdam Business School 21 50.1 24 (23) 43 (32) 26 (26) NR (NR)
#24 Australian Graduate School of Management 25 46.6 37 (37) NR (NR) NR (NR) 11 (11)
#25 Queen’s University 24 46.2 49 (43) 33 (36) 18 (9) NR (NR)

Source: Poets&Quants composite ranking
Notes: NR is not ranked; Ranks shown for The Financial Times and The Economist are for non-U.S. schools; Year-earlier rank given inside ().

(See following page for the next 25 business schools on the list)

  • Ethan

    I would like to briefly mention about the Singapore Management University (“SMU”). SMU is a young but highly innovative Asian university, focused on business management, accounting and economics as well as Law. SMU is definitely gaining ground fast across global rankings and its graduates are recognised in Singapore and gradually in Asia as one of the most dynamic and global in outlook. Established in 2000, with just 16 years of history, SMU has made huge strides and is beginning to challenge the more established National University of Singapore (“NUS” – Ranked #1 in Asia and #12 globally ) and The Nanyang University of Technology – Singapore.

    Within the next decade, I am confident that SMU will rank Among the Top 10 business schools in Asia and within the Top 50 globally. With Singapore’s demonstrated track record and renowned prowess in education (from secondary to tertiary) globally, SMU certainly has the potential of becoming the London School of Economics (“LSE”) of Asia. This is one dynamic and high achieving university to watch out for in the coming years.

  • Utsav Pathak

    Is the 27th rank of York justified?

  • INSEAD-Alum

    As an INSEAD alumni I am always surprised at how highly INSEAD is ranked on the league tables. The INSEAD MBA has been a zero value add for me. INSEAD is a for profit school just like Hult or the University of Phoenix, INSEAD has all of the same issues and problems as any for profit school. Nobody has ever failed, you pay your fee you get your MBA.

    Who owns INSEAD and are there any conflicts of interest? This should be investigated. The school is heavily orientated towards participants from strategy consultancies. The strategy consultants have on average 2 years of experience vs the non strategy students must have approx 7 years of experience. Could the owner of INSEAD be the partner in charge of education at one of the strategy consultancies? I made a mistake; I bought an intangible product from a seller I knew nothing about and that product was useless.

    The first few days of INSEAD were interesting, I had many interesting discussions; but then the welcome week hazing event started. This consisted of the upper class playing a series of weird and often cruel pranks on the incoming class. For example; people were forced to fight each other and others were abandoned in the middle of the forest at night. This in a program were the average age is 28. This hazing ruined what might have otherwise been a good year. After the hazing event no one takes the school seriously. Since this hazing event was not listed on the brochure and this event negatively impacted my experience I feel that INSEAD was a bait and switch scam.

    The final part of welcome week is the Dean’s speech during which the Dean told us: ‘INSEAD offers a general management MBA but if you want you can say that you have a specialization. If a background investigator calls the school, staff are trained to always answer ‘yes’. You should try this; call INSEAD and ask does a specific alumni have an MBA with a concentration in Taxidermy or any other ridiculous subject, the school will say ‘yes’!

    After welcome week the place feels like a cult, no one will say anything against the school, facilities or social life. Descent is discouraged, those that fall foul of this rule can find themselves ostracized. People display symptoms of being brain washed. Hundreds of students, average age 28, get drunk in barns and tell each other that these are the best parties they have ever been to. However; one on one, in hushed tones, people said to me ‘I thought I was the only one that didn’t like the social life’.

    The career service didn’t seem to actually exist; there was an office labelled careers and there were people working there but it was a sham. The alleged career service did not even maintain student records, nor a job bank nor interview preparation materials. My undergraduate university offered this level of career services, I had expected INSEAD to exceed this standard. The careers services released reports on their own performance that read like North Korean harvest reports. In my promotion apparently a large percentage used the career service to find jobs and almost everyone changed career. We see the external economist report contradicts these assertions. After graduation when you cannot get a job that is when the careers service start their victim blaming: ‘you need to be more of an entrepreneur to get a job’ or ‘you didn’t try hard enough’.

    The actual education was a joke e.g. the finance professor stated ‘the school has had feedback that some graduates don’t know what bonds are; therefore, we’ll spend the next 15 minutes on fixed income. Before INSEAD I had completed the CFA level 1 – I had expected my ‘intense’ INSEAD MBA to be a similar level of challenge to the CFA, INSEAD was trivial in comparison. The education was neither wide nor deep, the classes were pitched at the high school level.

    The participants can be split into the following groups:

    Wealthy global elite (top 0.1%)
    Strategy consultants (non native English speakers)
    Developing world (non elite,non strategy)
    Developed world (non elite,non strategy)

    The wealthy and strategy students are well served by the school. These people want to have a good time and get a rubber stamp MBA. Students from the developing world have language skills that will enable them to get jobs in growing markets that are underserved by other business schools. Developed world students get a very poor deal from INSEAD; the INSEAD MBA is just not sophisticated enough to compete in the MBA job market in the developed world. During INSEAD you will be a resource for other students, you will probably have more experience, be educated in leading universities and have a wealth of other experience. This will be sucked out of you and fed to people in the other groups. Employers will laugh at your MBA. Also INSEAD uses the word entrepreneur to mean unemployed. If you couldn’t start a business before INSEAD how could you start a business upon graduation with all that debt?! Becoming an entrepreneur right after business school doesn’t make sense; no pay for a year, spend $150,000, then start a business whilst servicing that debt?! INSEAD reports how many graduates go to the top consultancy firms; what they don’t tell you is that almost all of those people are sponsored by those firms and already have those jobs. In reality very few people (1 or 2 in my class) get a new job upon graduation.

    If you are there as a career changer from the developed world you are being scammed. You share your experience with the strategy consultant and family business students and when you graduate there are no jobs for you. The only logical explanation for the consistent large minority of students that do not do well post INSEAD, is that INSEAD is ripping of one group of students for the benefit of another.

    INSEAD is constantly asking for donations – a ‘for profit’ business asking for donations! How is that not a scam?