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

Queensland Business School

The Definitive List Of The Top International MBA Programs of 2016 — 51 to 69

School Name2015 RankIndexFinancial
The EconomistBusiness
#51The Lisbon MBA4623.623 (20)NR (NR)NR (NR)NR (NR)
#52Renmin (China School of Business)NR23.025 (NR)NR (NR)NR (NR)NR (NR)
#53Fudan University4822.128 (29)NR (NR)NR (NR)NR (NR)
#54IIM-Bangalore5420.334 (41)NR (NR)NR (NR)NR (NR)
#55Queensland5119.8NR (NR)3 (4)NR (NR)NR (NR)
#56Sungkyunkwan5018.839 (32)NR (NR)NR (NR)NR (NR)
#57University of Cape Town4718.440 (27)NR (NR)NR (NR)NR (NR)
#58Henley Business School5218.3NR (NR)10 (8)NR (NR)NR (NR)
#59IncaeNR17.543 (NR)NR (NR)NR (NR)NR (NR)
#60British Columbia (Sauder)5315.151 (40)NR (NR)NR (NR)NR (NR)
#61Leeds UniversityNR14.852 (NR)NR (NR)NR (NR)NR (NR)
#62ESIC5914.7NR (NR)NR (NR)28 (27)(NR)
#63EMLyon6214.5NR (NR)29 (31)NR (NR)NR (NR)
#64Alberta School of Business5614.3NR (43)NR (NR)30 (NR)NR (NR)
#65WHU (Otto Beisheim)7013.9NR (NR)32 (49)NR (NR)NR (NR)
#66Nottingham6113.3NR (NR)35 (30)NR (NR)NR (NR)
#67Trinity College Dublin6712.7NR (NR)38 (44)NR (NR)NR (NR)
#68University of Monaco6412.1NR (NR)41 (37)NR (NR)NR (NR)
#69Audencia NantesNR11.5NR (NR)44 (NR)NR (NR)NR (NR)
#70HHL LeipzigNR11.1NR (NR)46 (NR)NR (NR)NR (NR)
#71Sun Yat-sen UniversityNR14.9NR (NR)47 (NR)NR (NR)NR (NR)
#72University of Liverpool6910.5NR49 (48)NRNR

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


  • 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?

  • Inseadsux

    It amazes me that insead would come top in this ranking, I am an insead alumni and the product was zero value add to my career. I think that there is a Simpson’s paradox in insead’s stats covering up the fact that native English speakers do not do well there. If the only language that you speak NATIVELY is English you will do better at a top US school. Do not go there with AP Spanish or a year in Munich during your degree.

    Just last weekend I was speaking to my friend who went to Columbia, he was telling me that their Alumni email group regularly receives job postings from major firms. There isn’t even a mail group like that for insead. The US insead Alumni group on LinkedIn was set up 2 years ago, there are 8 posts, seven from the school selling the annual networking event and one alumni self promotion piece. Small examples, taken in aggregate makes a major difference.

  • Inseadsux

    It amazes me that insead would come top in this ranking, I am an insead alumni and the product was zero value add to my career. I think that there is a Simpson’s paradox in insead’s stats covering up the fact that native English speakers do not do well there. If the only language that you speak NATIVELY is English you will do better at a top US school. Do not go there with AP Spanish or a year in Munich during your degree.

    Just last weekend I was speaking to my friend who went to Columbia, he was telling me that their Alumni email group regularly receives job postings from major firms. There isn’t even a mail group like that for insead. The US insead Alumni group on LinkedIn was set up 2 years ago, there are 8 posts, seven from the school selling the annual networking event and one alumni self promotion piece. Small examples, taken in aggregate makes a major difference.

  • Walter Faber

    By all means, please stop this embarassing, butthurt requittals. There is a very valif reason that certain schools outside of the U.S. are consistently ranked top notch, among them of course London Business School, INSEAD and the other usual suspects.

    A couple of years ago someone on Wall Street Oasis made an excellent comparison of U.S.-based M7 vs. European schools, and his quintessence holds still very true in my opinion: ‘I don’t think you can go wrong with either, as they represent the very
    top of the business school hierarchy. I’ve met plenty of alumni from
    both who said “I only applied to 1/2/3 schools” and “I chose X over the

    Or, in the words of an admissions consultant: “Rankings debates usually disintegrate into pissing matches, with the
    resulting discussion exaggerating the differences that no one else but
    applicants and students would actually care about.”

    If you have the opportunity to go to Harvard, go to Harvard above anything else. If you want to work in the U.S. after your MBA, go for any other of the M7. If you want to work in Europe, go to LBS, INSEAD & co. instead of also outstanding institutions such as Tuck or Kellogg because no one has heard of those schools here, just as nobody in the U.S. would recognize IMD, even though it is an excellent school.

    So in short: Pick the program of the top 10 on every list (they are more or less for quite obvious reasons the same every year, maybe with a little movement but no real shaker) that suits you best & be happy about it.

    What’s going on in these comment sections though is a disgrace to academic maturity everyone applying for an MBA (no matter in which region of the world) claims to have, both applying to wild cry-baby accusations such as “How could that school even be considered”, but just as much to the partially exteremly butthurt defense mode exhibited especially by European alumni – guys, please realize that you are there already. You joined a top school, so please relax and show some self-confidence instead of lashing out; this is not in particular showing laid-back sovereignty which you are technically entitled to ;-).

    Disclaimer: Applied to Wharton, Columbia and INSEAD and got accepted at all three, but ultimately figured that at my age, a two year program would put me out of my job for a little too long :-).

  • Benson George

    Rant of an ignorant fellow. So you think only the US has great business schools? You would have to live with the fact that the world is bigger than the US of A and INSEAD, LBS, IMD, IESE and a bunch of others are also world-class business schools.

    As an INSEAD graduate (who also did an exchange at Wharton), I can categorically tell you there is a big difference between the two schools. Each business school has its key strengths. I interviewed with Wharton MBAs and got a job with a Big 4 tech in the US while some who interviewed didn’t. And guess what made me stand out- my unique experience of schooling in three continents and having a well-rounded global perspective on business and tech- a platform INSEAD provided.

    So Mr True Story, you need to stay informed.

  • Mex

    Apologies. York is actually higher than both even though it is only ranked by the Economist, a well-known flawed ranking. The other two are well placed by FT. Are you able to share tow this is so? Thanks.

  • Mexicant

    Hello John. Question: York, Imperial, ISB and others are really penalised for not being ranked by the Economist and Forbes. The three examples I mention all have much higher positions in FT and BW MBA, the most accepted rankings, than their respective positions here. Is this a result expected in P&Qs methodology? Perhaps a flaw that is difficult to overcome without directly assessing the schools’ data? Thanks.

  • In an MBA already

    Hi. Why are you so certain that selectivity is a “true measure” of the quality of the programme? Hypothetically, if a school X accepts 150 out of 150 applications, and in the end every one of those grads are placed in the jobs they are looking for, including top MBA positions, and some are successfully in the path towards starting their own business, then what does acceptance rate have to do with it? I am not too familiar with INSEAD, but their employment figures suggest they place grads at really good firms and jobs. No, I am not an MBA at INSEAD..

  • A James

    Hitotsubashi ICS is the best BS in Japan and world class. I attended myself and highly recommend it to anyone considering BS. It accepts only a small select group of students each year and thus seems to ‘fly under the radar’ of rankings experts.

  • Correction

    I don’t understand what drives someone to make an ignorant comment like that.

    IMD has historically had a lower acceptance rate than other top European MBA programs so it is actually more selective. They had a couple of years of lower applications but those were the exceptions not the rule.

    It doesn’t get thousands of applications but it also only has a 90 person class with highly self selecting entrance criteria that discourage many people from even applying. For example, both INSEAD and IMD require candidates to be bilingual which is a significant factor that prevents many people from even applying and pushes up their acceptance rates compared to US schools.

    IMD also requires candidates to be over 25 and to have 3 years of experience as a minimum which is another hard cut that discourages many people from applying vs a US schools.

    For these reasons, you can’t broadly say that the number of applications dictates the quality of a school. Otherwise IIM Ahmedibad in India would be the top business school in the world.

  • MBAObserver

    This is an absolute nonsense comment. If you look at the alumni that IMD has produced, while only having 90 students or so a year, you can clearly see that there are few other programs worldwide that offer such a pedigree. One of my friends considered applying to IMD but didn’t because he said there was no way he was getting in. IMD, along with LBS, INSEAD, and IESE are world class, period.

  • C. Taylor

    To address Aditya Sriharinath’s question; it really depends on you.

    Do you want to work in the EU, the US, the APAC, Latin America, the deutschsprachigen Raum? Or specifically in India, China, or another country or US state? What sector and role are you targeting? Consulting, finance, tech, manufacturing? How strongly does your background position you for the post-MBA role you seek? How certain are you of your goals and how familiar are you with your target sector?

    As for specific programs, the P&Q top ten are absolutely worth matching against your background and goals for fit. In general, the international elites are IMD, INSEAD, and LBS. That’s an easy place to start.

    I would throw Manchester, AGSM, Cranfield, and CEIBS into the general mix with the P&Q top ten. Tons of other great programs, depending on your background and goals.

  • Dan

    John, two questions on this:
    1) Who do you even consider the Economist ranking? I understand that each ranking has methodological flaws and that you only weigh it in to 20%, but the Economist ranking has really no authority whatsoever.
    2) Did Forbes publish a 2016 ranking now or is this still the 2015 figure?

  • Ashish Prasad

    As far as selectivity, curriculum and career progress is concerned, you may certainly want to look at ISB. It receives fourth highest number of applications in the world (after HBS, Stanford, Wharton and Sloan) and selection rate is close to 10-13%.

  • True Story

    Outside US, no one really.

  • Aditya Sriharinath

    So, what schools outside of the US, according to you guys are good?? I know its a little subjective, but what are some top schools to consider??

  • Tesla

    applications were 300 or less for the last three years.

  • mark ritson

    I’m delighted that MBS got a shout out in the review this year. There has been a superb transformation at MBS in terms of students and experience and faculty and its good to see the league tables are picking it up.

  • 40%-Acceptance-#1?

    To add to that, to truly assess international MBA programs yo have to take into account the number of applications and selectivity. INSEAD also falls into joke category given they don’t even discolse selectivity, we only hear estimates of 40%. Would be great to see you add a weighing to both student demand an difficulty to gain admission to international schools, because for the US the correlation is consistent with rankings.

  • Definitively-A-Joke

    IMD is a joke, they get 400 applications a year. Total. How can that be considered top 5 among international MBA programs? Salaries in Switzerland are high but so is the cost of living, so weighing salaries and rankings that favor high salaries is totally misleading.

  • Bhargava

    SP Jain appears twice (#33 and #46)