Ranking: Financial Times’ World Best Executive MBA Programs Of 2023 by: Kristy Bleizeffer on October 16, 2023 | 37,135 Views October 16, 2023 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit IMD, in Lausanne, Switzerland, soared 13 spots up to crack the top 25 in the Financial Times’ 2023 ranking of the world’s best EMBA programs. IMD photo BIGGEST WINNERS AND LOSERS There are several programs with roller-coaster swings, both good and no so good, on the FT list, as is often the case in business school rankings. Seven programs in the top 25 experienced double-digit increases or decreases. Kedge Business School’s SJTU Global MBA based in France and China rose 24 spots to No. 18, a tie with University of Pennsylvania’s The Wharton School. Two more schools soared 13 spots up to crack the top 25: IMD (International Institute for Management Development) rose to No. 14 while SDA Bocconi School of Management rose to 21. Meanwhile, the Kellogg-WHU Beisheim EMBA in Germany dropped 12 spots and out of the top tier to No. 28. Overall, the program with the biggest improvement is Neoma Business School’s EMBA based in France, China, and Iran. It rose 32 spots, climbing from No. 78 in 2022 to No. 46 this year. It is followed by Mannheim Business School in Germany which rose 27 spots to No. 47. UCT Graduate School of Business in South Africa fell more than any other school, dropping 22 spots to No. 96. It is followed by Singapore Management University: Lee Kong China fell 20 spots to No. 53. See table below. Winners & Losers In FT 2023 EMBA Ranking Schools with the biggest jumps 2023 Rank School Location 2022 Rank YOY Change 46 Neoma Business School France/China/Iran 78 32 47 Mannheim Business School Germany 74 27 40 Henley Business School UK/South Africa/Denmark/Finland 65 25 18 Kedge Business School France/China 42 24 58 Queen’s University: Smith Canada 82 24 65 Western University: Ivey Canada/Hong Kong 89 24 63 The Lisbon MBA Catolica | Nova Portugal 84 21 73 Melbourne Business School Australia 94 21 76 Cranfield School of Management UK 97 21 30 Edhec Business School France 49 19 32 University of Michigan: Ross US 51 19 43 Copenhagen Business School Denmark 62 19 Schools with the biggest falls 2023 Rank School Location 2022 Rank YOY Change 96 UCT Graduate School of Business South Africa 74 -22 53 Singapore Management University: Lee Kong Chian Singapore 33 -20 99 BI Norwegian Business School Norway 83 -16 28 Kellogg/WHU Beisheim Germany 16 -12 97 Michigan State University: Broad US 85 -12 70 Incae Business School Costa Rica 59 -11 85 Georgia Tech Scheller College of Business US 74 -11 17 University of Chicago: Booth US/UK/Hong Kong 8 -9 94 Indian Institute of Management Bangalore India 86 -8 37 Kellogg/York University: Schulich Canada 30 -7 43 Emory University: Goizueta US 36 -7 51 Kozminski University Poland 44 -7 National University of Singapore (NUS) Business School rose eight spots to No. 16 and is the highest ranked program from universities based in Singapore. Alumni secured a nearly 60% increase in their salaries three years after graduation, reaching an average of $376,706. “I am especially proud to witness our EMBA alumni achieving remarkable success in their careers. It is proof of our programme’s transformative impact on their professional journeys and ability to navigate the ever-changing global business landscape,” Andrew Rose, dean of NUS says in a release. HOW THE FINANCIAL TIMES RANKS EXECUTIVE MBA PROGRAMS The Financial Times’ methodology to rank EMBA programs is based on data provided by business schools and by their alumni three years after graduation. For the 2023 ranking, 3,814 alumni completed the survey for a response rate of about 40%. The ranking takes into account factors including salaries, assessments of career services, aims achieved and the quality of academic research, as well as the gender balance and international diversity of students and faculty. But salary – adjusted for purchasing power parity – accounts for 33% of the overall ranking’s weight. The adjustment to the pay numbers inflates compensation in countries with larger degrees of poverty or below-western-market rates of pay. Two schools at the top of this ranking also happen to report the highest adjusted alumni salaries: Kellogg-HKUST at $652,326 and CEIBS in Shanghai at $529,822. While all 100 of the programs ranked can be considered high-quality, FT divides schools into four tiers with schools in Tiers l and ll scoring above the average while Tiers lll and lV are below it. Tier l includes the top seven schools. Tier ll includes schools from Fudan University School of Management (No. 8) to University of Texas at Austin McCombs (No. 42). Tier lll includes Emory University Goizueta (No. 43) to Tias Business School at Tilburg University (No. 78). Tier lV includes University of Utah David Eccles (No. 79) to Iscte Business School at 100. See the full FT ranking and how schools scored in the different categories here. NEXT PAGES: How FT ranked all 100 schools in the 2023 EMBA Ranking Previous Page Continue ReadingPage 2 of 4 1 2 3 4