Top Five B-Schools Outside U.S.: London, IESE, IMD, IE and INSEAD

If you have an opportunity to go to a top non-U.S. business school but have received a letter of invitation from Dartmouth or Wharton should you take your MBA in the U.S. or in Britain, Spain, France, Hong Kong, or China?

After carefully reviewing the data—both rankings and school information on applicant quality and starting salaries—I generally come down on the side of an elite school in the U.S. Despite vast strides made by many non-U.S. schools, the world leader in business and management education is unquestionably the U.S. With very few exceptions, you’ll get a richer, deeper and more meaningful MBA experience at a top 25 business school in the U.S. than you would at a top 25 school outside the U.S.

That said, there are some excellent business schools around the world—and the best of them are as good if not better than some of the U.S. schools. This is especially true of the top five schools on our list. To come with our ranking of the top non-U.S. MBA programs, we blended the four major MBA rankings that look at non-U.S. schools: BusinessWeek, the Financial Times, Forbes, and The Economist. By combining these rankings, assigning each ranking equal weight to the other, we’ve come up with what is arguably the best and most reliable ranking of non-U.S. MBA programs ever published.

The number crunching produced a few surprises: Spain has three of the top ten business schools. In this ranking of the top 30, the United Kingdom leads with nine schools, including the number one MBA-granting institution, the London Business School. Not too many years ago, INSEAD and IMD were universally considered the best non-U.S. business schools in the world. Clearly, these two still-excellent institutions have lost that distinction to new, more aggressive competitors in the business school market.

One thing to keep in mind when you peruse this list: most of these schools offer one-year MBA programs. Indeed, Forbes offers two rankings of non-U.S. MBA programs, one for one-year programs and one for more traditional two-year programs. The one-year programs in the Forbes column below are identified with an asterisk. Of the 31 leading European business schools that make the top 100 in the Financial Times and The Economist surveys, more than two-thirds—22 institutions in all—will give you he degree in just 12 months. Four programs are even shorter. The exceptions: IESE and London Business School, which run programs that cover two full years of study.

1.  London Business School100.05118
2.  IESE (Spain)95.293111
3.  IMD (Switzerland)93.172*152
4.  IE Business School (Spain)92.323*616
5.  INSEAD (France)89.931*523
6.  Cambridge (U.K.)80.4ST4*2111
7.  HEC-Paris (France)77.8ST71814
8.  Esade (Spain)73.0681929
9.  Cranfield (U.K.)70.4ST9*2618
10. Oxford Said (U.K.)65.6105*1647
11. York (Canada)64.0ST65412
12. Manchester (U.K.)50.3ST24057
13. McGill (Canada)40.7ST119575
14. Ceibs (China)39.2NR4*2295
15. Lancaster (U.K.)36.5NR7*2479
16. Hong Kong UST32.3NRNR930
17. Australian School of Biz29.1NR9*36NR
18. City Univ.–Cass (U.K.)28.6NR6*4176
19. Bocconi (Italy)28.4NR5*93NR
21. Western Ontario (Canada)25.44NR49NR
22. Toronto (Canada)24.98NR45NR
23. IPADE (Mexico)24.3NR5*93NR
24. British Columbia (Canada)21.7NR108282
25. EM-Lyon (France)21.2NR11*9760
26. Warwick (U.K.)18.0NRNR4222
27. Rotterdam (Netherlands)16.4NRNR3641
28. Nanyang (Singapore)11.6NRNR2771
29. Chinese Univ. (Hong Kong)11.1NRNR2878
30. Imperial College (U.K.)9.0NRNR3268


NR: Not ranked means that the publication does not rank the identified school

ST: BusinessWeek ranks 10 non-U.S. schools and then identified a “second tier” group of six additional schools. ST refers to “second tier.”

Methodology: Schools on each of the five major rankings were scored from a high of 50 to a low of 1, the numerical rank of the 50th school on any one list. Then, those sums were brought together. Only schools that were ranked by at least two of the four ranking organizations were able to make our list. As a result, BusinessWeek’s number one non-U.S. school, Queen’s School of Business in Canada, fails to make our list of the top 30 schools because Forbes, the Financial Times, and The Economist do not rank the school at all.



    I plan to do MBA in finance.Should I choose Ivey Canada or NUS Singapore..?Ivey claims to help with campus placements.I have 9 yrs work ex,will go with family.So,kindly suggest.

  • Kay

    It’s there. Look further down the list.

  • Sebastián Miralles Acuña

    Because it is exclusively case method oriented, IESE is usually considered the Harvard of Europe. Though perhaps due to the strong focus on entrepreneurship a Stanford comparison would be valid.

    Most would probably agree that LBS is the spiritual kin to Wharton. INSEAD is hard to place because it is a one year program…¿Stanford perhaps?

  • Rami

    By the rankings I’ve seen, I would say Stanford-esqe. Anyone else?

  • Vivek Chandra

    Why isnt SDA bocconi here ?

  • Cameron Rout

    LBS is ranked #1 for MBA in Europe, but the European ranking is based on a fully rounded business education. Note that the ranking in question is the ranking of business schools, not the ranking of MBAs.

    Full breakdown here:

  • bofors84

    I have a tough time understanding how schools such as Cambridge feature below IE? I would probably given an extra point to IESE for running a 2 year program. But IE is tough to understand. Do rankings look at something called brand value and such? Judge may be a young school but I am sure it is Top 5 material as far as non- US schools are concerned. This is considering many factors: 1. The English language 2. The Spanish economy 3. University of Cambridge 4. Class size and placements. I’d be happy to hear the general consensus..

  • Tiago

    Why is INSEAD so badly ranked by The Economist (compared to other rankings)?

  • MBA hopeful

    I totally agree with Diego Cruz above. The article is great, and this site is also good. However, the second paragraph is very disputable–there are some great schools outside the US, and I would chose IE or Insead over Kellog or Tuck on anyday.

    Some food for thought, why is it that the USA, where one supposedly gets the MBA education and where the history of MBA is the longest, is the country which is the worst off right now out of all the countries where MBA programmes are renowned? Look at Germany, there is hardly any MBA culture what so ever and that country is the best off right now of the big guns in Europe.

  • Reveler

    I’m planning for my MBA at Trinity college Dublin, I see that it is ranked among the top 100 universities. what would u suggest.

  • Diego Cruz

    One question:

    You mentioned IE could be equivalent to Kellog.
    What would be the US equivalent of the IESE?


  • Diego Cruz

    I really think this site is great… and this ranking really is great.
    Maybe you should just delete the 2nd paragraph of the article, which is very disputable.

  • FM

    Hey DS, I hope this is not discouraging but an MBA from Ivey does not compare to Yale or INSEAD. A significant issue with the Western Ivey degree (completed undergrad there) is that at the end of the day it is a degree from Western. An unknown entity outside of Ontario/Canada. Do not believe Ivey’s claims ie. place people in top firms all over the world. Having spoken to many grad’s, this is not reality (worked with many in Toronto). If you are seriously considering Canada its better to go with UofT or McGill … the brand name of the University is going to carry more weight than Western/Ivey outside of Ontario or Canada. Apologies for being so direct … but alot of marketing from Cdn B-Schools is a bunch of bull. Western privatized their program a few years a ago … its a “pay and go” scheme.

  • DS

    I have been accepted to the Richard Ivey School of business in Canada.I aspire for a career in management consulting. How would you rate career prospects in consulting for an international student from Ivey vs. an international student from Yale SOM or INSEAD?

  • We’re using the FT’s 2010 global ranking which shows that London Business School is number one. It’s odd that London also wouldn’t be number one in the European rankings because they are based on the same data, but that’s just another problem with the methodology of the FT. It doesn’t make any sense to us, either.

  • Matthias

    I have a question about HEC. In the FT ranking I know, HEC is 1st in Europe, however, in your ranking the school comes 18th.
    I am referring to this particular ranking:

  • Sakis

    Dear John,

    Thank you for the ratings and all relevant information.

    I am the founder and Fund Manager of a Hedge Fund. Over 18 years of experience in Investment Banking and Fund Management and considering an EMBA; LBS/Columbia, TRIUM, INSEAD in Europe, Wharton and possibly one more i.e Stanford in the US. The focus should be in developing deep expertise and knowledge from an entrepreneurial perspective, International Business, Leadership and even international exposure in countries like China, etc. Furthermore, I have two more criteria when choosing the program. Quality of faculty and high calibre of participants. Your thoughts for the potential best fit will be very much appreciated. Thank you.

  • divya

    Thank you John ! Appreciate your feedback with insight from Chioma.

    And thanks to Linda also for the suggestions.

  • Thanks Linda for weighing in. Appreciate it.

  • i would just add an additional suggestion for Divya. Compare the schools in terms of your specific interests and goals. In general terms, I complete agree with Chioma, but your specific goals and the alumni and recruiting network of a given school in your area of interest can be as important if not more important that overall brand.

    So in addition to comparing overall brand, look at the recruiting report for the school and examine its success in your area of interest. Look at the curriculum and evaluate how well iit supports your goals and educational needs.


  • Divya,

    I turned to Chioma, who had been on the admissions board at Harvard Business School, with your question. Her answer: “I would rank it at the same level as Kellogg/Chicago. It’s not quite LBS and Insead. But after these two schools, it can compete toe to toe with the rest of the top business schools in Europe. It’s ranked highly by the Financial Times (6th), has quite a robust alumni network close to the numbers that HBS has, and attracts talented students from around the globe. It’s also well regarded by recruiters, alumni, etc so definitely a worthwhile program to investigate.”

    Good luck to you!

  • Divya

    Hi John,

    First of all I must congratulate you for the brilliant website! I cant thank you enough for putting this all together in one area..Almost every night before heading to bed I browse through the website and learn so much from all the articles..Your website is truly the very very best!

    John, I have one particular question regarding IE. I have already been admitted to their MBA program…while I am still planning to apply to other schools in the US I really want to know that IE is comparable in terms of brand and recognition to which bschool in the US? I do understand that US schools are different from the European ones in terms of academics,experience etc.

    Is IE in the same league as Kellogg/Booth or in the range of Fuqua/Ross?

    This would really help me make my decision.

    Looking forward to hear from you!

  • john astapof

    In 5 years time is all that matters.

    Hong Kong UST

    Thats all you need to know.

  • Sam


    Incase of City Univ – Cass you have mentioned the rank as per FT to be 41, whereas on the FT website, it is ranked 17th. I haven’t checked any other but thought of clarifying. Could you please explain.

    Link to the article I am referring to is :

    Thanks !

  • Dheepak


    I have 2+ years of experience in the IT field. How good are the European MBA programs in case i want to change my field of work?

  • Kirk, Is going to London Business School or INSEAD completely out of the question? If not, I would give those schools very serious consideration. Washington University is a very good MBA program and it’s in your backyard. Without knowing your background, GPA, GMAT score, leadership experiences, etc., it’s hard to recommend one school over another. Of the U.S. schools with the best international programs, I would put Wharton and Michigan way up there. You might also consult the U.S. News & World Report list of the best international schools, according to a survey of deans and MBA directors. I see the U.S. News list has just another piece of information to consider, but I wouldn’t put too much credibility in the list. It’s more important to go to a really good school that does international than it is to get into an international program at a school that doesn’t have significant brand recognition.

    1. Thunderbird School of Global Management Glendale, AZ
    2. University of Pennsylvania (Wharton) Philadelphia, PA
    3. University of South Carolina (Moore) Columbia, SC
    4. University of Michigan–Ann Arbor (Ross) Ann Arbor, MI
    5. Harvard University Boston, MA
    6. Columbia University New York, NY
    7. Duke University (Fuqua) Durham, NC
    8. New York University (Stern) New York, NY
    9. University of California–Berkeley (Haas) Berkeley, CA
    10. University of Southern California (Marshall) Los Angeles, CA
    11. Stanford University Stanford, CA
    12. University of California–Los Angeles (Anderson) Los Angeles, CA
    13. Indiana University–Bloomington (Kelley) Bloomington, IN
    14. Northwestern University (Kellogg) Evanston, IL
    15. Georgetown University (McDonough) Washington, DC
    16. University of Texas–Austin (McCombs) Austin, TX
    17. University of Chicago (Booth) Chicago, IL
    18. Dartmouth College (Tuck) Hanover, NH
    19. Marquette University Milwaukee, WI
    20. Seattle University (Albers) Seattle, WA
    21. St. Louis University (Cook) St. Louis, MO
    22. Massachusetts Institute of Technology (Sloan) Cambridge, MA
    23. Michigan State University (Broad) East Lansing, MI
    24. Florida International University Miami, FL
    25. Loyola Marymount University Los Angeles, CA
    26. Xavier University (Williams) Cincinnati, OH
    27 Loyola University Maryland (Sellinger) Baltimore, MD

  • Kirk Allen


    First, this is an excellent blog. I commend you on your efforts.

    I am currently considering three programs and would appreciate your comments on which would offer the best international business education. I live in St. Louis, MO where there are relatively strong business schools. I am looking to apply to the following 1) IE/Brown program (recently launched), 2) Washington U, 3) Cornell/Queens.



  • Matthew


    The Richard Ivey School of Business (University of Western Ontario) has a much stronger brand and alumni network in the US with banks and consulting firms, especially in the North East (NY, Boston) and West (LA) coasts. As someone who has studied the business school market in Canada very closely, R. Ivey School would be considered the Harvard of Canada (especially with their case study approach), and is arguably considered the best in Canada, followed by Queens, Rotman and York.

  • Sean

    Alex, if you can do a full-time or Exec MBA, I would consider Ivey and then Rotman over Schulich and Queens…. However, if the choice is only between Schulich and Queens then Schulich has a good placement amid Canadian banks. Also video-conferencing can never replace in-class lectures/cases!


  • Tina


    I am curious to know your thoughts on IE vs a top 25, well known school in the US for someone who doesn’t plan on working overseas.

  • Alex

    Thanks Paul.

    I intend to stay with my current company after graduation – one of the big 5 Canadian banks.

    I guess I’m wondering what would be best if I decide to test the waters in the US in 5 years.

    Thanks again,

  • Thanks Paul.

  • Alex, Neither school has much of a brand outside of Canada, and employers don’t typically care about a school’s accreditation, especially when the two schools in question are obviously not fly-by-night operations. I recommend going with your gut here but also looking at the kinds of companies these schools place graduates into. Are they the companies you want to work with?

    –Paul Bodine

  • Alex,
    Wish I could, but I’m not as familiar with these schools as I would like to be to give you an informed opinion. I wouldn’t want to steer you wrong. Perhaps there are others out there who could help Alex with his decision? If so, please weigh in.


  • Alex


    I’m hoping you can help with my decision above between Queen’s Accelerated and Schulich.



  • Alex

    Hi John,

    I’m deciding between 2 programs – both are part-time while I continue to work. The programs are Schulich (some courses waived based on an Undergrad Busines Degree) and Queen’s Accelerated for Business Graduates.

    I’m leaning towards Schulich due to it’s cost, the (Students who successfully complete the Schulich MBA Program are exempt from the residential component of the two-year CMA )and location (Queen’s has video conferencing in Toronto).

    One concern I have is Schulich does not have the same accrediation that Queen’s does. Would this be a concern if I decide to pursue a job outside of Canada?

    OCGS (Ontario Council of Graduate Studies)

    Accredited Association of MBAs

    I’m also a little worried that I might be missing out on Queen’s as many have said it has a better “brand”.

    Could you let me know your thoughts?


  • Marti,
    Thanks much for posting such a thoughtful reply. We’re still quite young, less than one month old, so you can expect a lot more coverage of the best global schools in the near future. I don’t think I’m “blatantly lacking objectivity.” What I’m trying to do is simply share my perspectives in a completely open and transparent way, based on many years of covering the business of graduate business education. I’ve been to more than 50 top schools in the world over the years, interviewing administrators, students, faculty, alums, and attending classes. I’ve written four editions of a best-selling guidebook on the best schools and helped to build out the most successful business school community on the web at BusinessWeek. My judgments are based on this experience, but certainly are not infallible or argument proof. It’s perfectly reasonable, as you point out, to argue the point on female faculty, for example. My personal opinion is that business schools don’t have enough women on their faculties or in their administrative ranks and have a long way to go to improve that situation. But I don’t consider this an issue of quality to be measured in a ranking for MBA applicants wanting to go to the best schools. I see this more as a politically correct issue. Whether one agree or disagrees about this is less important than the fact that people know more about the methodology behind the result. Without knowing, you can’t properly interpret any of these rankings or judge their importance in your personal decisions about where to go. So if female faculty matters more to you than some other factors–such as the overall quality of your fellow students, the absolute quality of the faculty, the rigor and creativity of the curriculum, the program’s ability to get you a good job at certain levels of compensation, and the networking value of the alumni network–than you should give more weight to that particular ranking. Realize that such variables as female faculty, doctoral programs, and board memberships of faculty–dilute the effect of more important quality criteria. Admittedly, that’s just my two cents.

  • Marti

    Hi John,

    I’m preparing to pursue an MBA and would like to attend to the best school that will give me the option of either a solid US or Global career—so I tend to navigate to sites/posts like this. I’m concerned with both this post and your Ranking the Rankings article, there’s a lot of personal preferance rather than detached objectivity in your posts. I agree with Olonzo (8/16/10)

    “Although I agree that US schools are the leaders in business education, I am not sure I agree with your comment “you will get a richer, deeper and more meaningful MBA experience.

    With the average age of US MBA students in there mid-20s and most having never left the US, you are bound to get a US-centric education and network.

    If current trends in global business is anything to go by, the true value in B-schools will be programmes with a truly international mix (Origin and work-experience) of students and faculty. On this basis, European B-schools offer more value.”

    Also you dinged one of the Rankings in Ranking the Rankings becuase it includes a % mix of Female faculty into the equation. Class make-up and class experience is a noted method of creating true value in your MBA class discussions (e.g. quality of what the graduates learn). Your get a wider experience from female who has traversed the business world than a man. There’s value there. (and yes Marti = female)

    Your own blog posts lauds “Harvard’s MBA Gatekeeper” who holds this same position that unique perspectives create the value in their (and your number 1 ranked program)…so how can %mix of Female faculty be a “ding”…..or for that case, experiences from TRUE international students and professors vs. international ex-pats attending these schools but lacking US citizenship?

    I really like your website, just wondering how so many of the posts are blatantly lacking objectivity? For the prospective student such as me, looking for real insight into US and Global MBA comparisions….I need more!! 🙂

  • Vikalp

    Hey John
    I think you should include some information regarding ISB, India on the site. I had attended an info session for the same. It seemed like a really good business program. A compact program of 1 year with 680 contact hours as against a traditional 720 contact hours in two years reflects the rigor of the program.
    I am applying for ISB, HBS, Sloan and few other good B schools from US this year with a 2 and a half year experience in Sales and Marketing.

  • Raps


    First of all, thanks for creating such a site. Can you provide information on non MBA programs such as Sloan fellow programs at MIT/GSB/LSB.


  • Cookie

    I think the ranking is slightly flawed. BW for example does not rank Asian business schools until now, which has more to do with their focus and resources to cover off that region, than with the schools wanting to be ranked.

    They will be ranked for the first time this year, which will make this a more level playing field.

    Maybe taking the averages of rankings would make more sense, in which case schools like CEIBS or HKUST would be scoring better

  • It’s really a good experience to read comments about top U.S. and non-U.S. business schools. I am completely new to this site and found this very helpful to know more about business school. I am a petroleum graduate working in the oil fields for the last 3 years and an MBA aspirant. I would like to ask if there are some specific business schools who prefer oil industry experience or whose MBA post-graduates get offers from petroleum management companies?

  • Hello John,
    First of all hearty thanks for creating such a valuable site.However, I wish if the website gets a tie up with ambassadors of different schools it works wonder.Moreover, if subject specific MBA professors are also among the prying eyes then it adds a qualitative qualifier for sure.

    Well about the International ranking part, I wonder why schools from few of the most developed economies do not fare better in it.For example schools from Scandinavian countries or export oriented economies as those of Germany and Japan.

    I also wanted to have subject specific rankings mostly for International Business with a focus for International students concern on ROI.

    This will be all for the time being.

    Thank you beforehand.

  • Hard to know, what to tell you, Amit. Vlerick is a fine school. The question for you is can you do better?

  • I was looking forward to joining Vlerick in Belgium, which was ranked 10th by The Economist. Could youu guys help me with it? As for me, financial support is an issue, with other colleges asking for sky high fees. I’m in the Merchant Navy with six years of experience and have a GMAT score of 700.

  • Seena

    @John – Thanks for the compilation – it’s the first time I’ve seen a list like this.

    @Olonzo – I agree with your comments.

    @Andy – Congrats on IE! My circumstance is similar to yours and would ask you to look into INSEAD as well if you have doubts about IE. I read up on INSEAD’s program and then networked until I could speak with an alumnus (Canadian) who raved about his experience there and confirmed everything I’d read. I’ve grilled many of my contacts who have MBAs or work at top companies (many of my contacts have worked internationally). I agree with you that Americans recognize INSEAD and LBS (and IMD though not as likely). I know the prestige of a Spanish MBA is continuing to rise but the price for one year is fairly comparable to LBS/INSEAD. Other things to consider: Do you want to work in Europe (or Asia)? Would you consider applying to Executive MBA programs at a top US school (if you can focus on international)? Best of luck to you!

  • Ashish, thanks for your kind comments. If you haven’t already, please register for the site and also join our community. We’ve just hired a sensational community editor, Mica Bevington, who will be helping to start what we hope will be a vibrant and dynamic community of people willing to share their experiences and ideas.

  • Ashish

    Well, this is my first visit to this site and I felt compelled to congratulate you Mr. John. I am a newbie to the management zone and currently preparing for getting into a good college after completing my B.Tech. I guess I shall learn quite a lot by making visits here.
    Thank you for creating such a wonderful site. It is reallyyyyyyy awesome.

  • Those are all fabulous schools. I don’t believe you can go wrong with any of them. My advice to you, however, is to visit each school before making a decision. Speak to the students, attend a class, look at their elective catalog for courses related to your field of interest, sit down with the career services director to find out which energy companies actively recruit at the school. Then, make a decision.

  • Paulo

    I’m having a lot of difficulty deciding among three top European schools: LBS, IE and INSEAD.
    I’ve decided to study in Europe in a one-year MBA program. I work in the energy markets field (I’m 33) and I’ve chosen to focus on international programs, both for their diversity and enrichment experience. Can you rank these school (taking in consideration my goal to continue to work in the energy sector after getting my MBA. Thanks.

  • It’s AGSM.

  • Bharat

    Australian School of Biz – I am not aware of any school with that name. Just wondering is it AGSM – australian graduate school of business or MBS – Melbourne business school?

  • Andy, you’re asking a very important and valuable question–and you pretty much know the answer based on how you’re asking it. Nonetheless, both IE and IESE are superb schools, clearly among the very best in the world. What I would do is ask these schools for alums in the most likely U.S. market you would return to and either go out for drinks with them or at a minimum get them on the phone. Ask them directly about their experiences and then make a decision based on what you learn. Good luck.

  • Andy

    Thanks for including the EU ranking.

    I am admitted to and considering IE for an MBA. Having worked in consulting for a number of years (I’m 32) in NYC, I choose to focus on international programs both for their diversity and that they are shorter programs. The idea of working more internationally is a goal, but I’m having difficulty determining what value IE (or similar non-US programs) will have in the US job market should I decide to return to the states post-graduation. It seems that INSEAD and LBS have good name recognition int eh US, but the IE’s and IESE’s not so much, even though they are getting high ranking. Anyone have any comments on this?

  • Hard to know. I would have to do some research to give you a solid answer. What I would do is ask for the last three employment reports from the Imperial College and see how widely represented the major consulting firms are as key MBA employers. That will help you a great deal.

  • Ashish Sharma

    Hi John,

    Does it make sense to do an MBA from Imperial College Business School if the target is to land a consulting job? Thanks.

  • Congrats Sebastian. It’s a great school.

  • Sebastian

    Way to go IESE, looking forward to my MBA there!.

    Sebastian, IESE YTp

  • Ravi,

    Yes, indeed. Can’t say when just yet.

  • Ravishankar S

    Hi John,

    Great site. Thank you for coming up with such all-in-one place website.

    I have a question. According to you, this ranking is made by averaging out the ranks given by the given 4 magazines. Do you have any plan to come up with rankings of your own for non-US b-schools and if so, when?

    Thank you.

  • canada

    Toronto… ranked lower than mcgill and… York!?!?! This has got to be an error. Kind of funny.

    If you can eat with a fork, you can get into york. 🙂

  • Olonzo

    Although I agree that US schools are the leaders in business education, I am not sure I agree with your comment “you will get a richer, deeper and more meaningful MBA experience.

    With the average age of US MBA students in there mid-20s and most having never left the US, you are bound to get a US-centric education and network.

    If current trends in global business is anything to go by, the true value in B-schools will be programmes with a truly international mix (Origin and work-experience) of students and faculty. On this basis, European B-schools offer more value.

  • Kumar F

    If you aren’t from India, and you are looking for a business school, you aren’t going to go to India.

  • Very good question. The non-U.S. school ranking is based on the lists compiled by The Financial Times, The Economist, Forbes, and BusinessWeek. Of these four major players who rank the world’s best business schools, only The Financial Times ranks the Indian School of Business. The FT gives ISB a rank of 12th place. But the school is not ranked by The Economist, Forbes, and BusinessWeek. As a result, we did not include it in our ranking because every school had to be listed by at least two different major ranking systems. I’m sure that ISB will certainly be ranked in the future by other publications. Thanks for asking.

  • Kumar S

    Was any Indian school considered? Just curious….How about IIMs and ISB?