QS Global Master’s Degree Rankings: HEC Paris & MIT Top The ListsImperial & ESSEC also make statements in annual master’s rankings by: Jeff Schmitt on September 20, 2026 | 10 minute read September 20, 2026 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit Here are how the top Master’s programs across each specialization (Please note that P&Q only supplied data for the Top 10 finishers): A classroom at Essec Business School in Paris. Courtesy photo MASTER’S IN MANAGEMENT The HEC Paris MiM program again topped the list with a perfect 100 scores. Lasting 21 months, the program produces results, with the school reporting a 98% placement rate and a $137,760 weighted salary according to a September ranking from The Financial Times. Not surprisingly, HEC Paris posted the highest score in Employability with QS. The same goes for Alumni Outcomes and Value For Money, with HEC Paris improving by 6.5 points in the latter over the past year. London Business School and ESSEC Business School again ranked 2nd and 3rd. LBS scored highest in Alumni Outcomes and Thought Leadership – both at 98.9 – with LBS being the highest performer in the latter. Like HEC Paris, ESSEC Business School achieved a perfect score in Value For Money. Among the Top 10, ESADE Business School made the biggest jump, going from 20th to 10th, courtesy of 11.7- and 7.7-point jumps in Thought Leadership and Alumni Outcomes respectively. In terms of Diversity, ESCP Business School, where 98% of the MiM class hails from outside France, earned the highest marks. 2027 Rank 2026 Rank 2025 Rank School 2027 Overall Score 2026 Overall Score 2025 Overall Score 1 1 1 HEC Paris 100 100 100 2 2 4 London Business School 98.8 97 96.7 3 3 3 ESSEC Business School 96.8 95.3 96.8 4 4 10 CEMS 95.2 92.7 90.5 5 6 8 ESCP Business School 94.4 92.1 91.8 5 5 6 INSEAD 94.4 92.5 92.4 7 7 11 Northwestern (Kellogg) 92.8 90.5 89.1 8 7 9 IE Business School 92.6 90.5 90.9 9 9 15 Imperial College 90 88.3 86.9 10 20 16 Esade Business School 89.2 81.2 86.4 MASTER’S IN FINANCE HEC Paris repeated as the top MiF program in the world according to QS. One reason: the school scored 98.6 or higher in four-of-five lenses accounting for 90% of the ranking weight. That said, HEC Paris scored highest in only one lens – a perfect 100 in Value For Money. Even more, it beat the runner-up, the University of Oxford’s Saïd Business School by just 0.4 of a point. In fact, Saïd achieved higher scores than HEC Paris in four-of-five lenses. The difference, however, was Alumni Outcomes – worth 20% of the weight – where HEC Paris held a 100-to-93 advantage in the index. Still, Saïd – ranked 1st in 2025 – produced perfect index scores in both Employability and Alumni Outcomes. MIT Sloan, Cambridge Judge, and London Business School round out the Top 5 in that order, with the Top 5 remaining the same as the 2026 ranking. However, MIT Sloan replaced Oxford Saïd as the #1 MiF program in Thought Leadership. 2027 Rank 2026 Rank 2025 Rank School 2027 Overall Score 2026 Overall Score 2025 Overall Score 1 1 2 HEC Paris 100 100 99.1 2 2 1 Oxford (Said) 99.6 98.7 100 3 3 3 MIT (Sloan) 99 98 98.8 4 4 5 Cambridge Judge 98.1 97.3 96.3 5 5 4 London Business School 97.4 96.5 98.5 6 6 6 UC Berkeley (Haas) 96.4 95.6 95.3 7 7 8 Yale SOM 96.3 94.3 93.8 8 7 9 London School of Economics 95.7 94.3 93.4 9 9 10 UCLA (Anderson) 94.6 93.8 93.2 10 10 7 ESSEC Business School 93.3 92.4 93.9 MASTER’S IN BUSINESS ANALYTICS Another repeat: MIT’s Sloan School holds the top spot for the third straight year in the Master’s in Business Analytics specialization. How dominant was Sloan? It scored perfect 100 indexes in Employability, Alumni Outcomes, and Thought Leadership (and an impressive 97.6 in Value For Money). Sloan also replaced UCLA Anderson as the top program in Business Analytics. Falling to 3rd, Anderson lost a little ground in Thought Leadership (though it did inch up in Employability, which carried a 30% weight). New York University’s Stern School entered the fray at 5th, while ESCP Business School and Cornell University’s Johnson School slipped out of the Top 10. 2027 Rank 2026 Rank 2025 Rank School 2027 Overall Score 2026 Overall Score 2025 Overall Score 1 1 1 MIT (Sloan) 100 100 100 2 3 3 Ecole Polytechnique / HEC Paris 99.6 99.7 98.9 3 1 2 UCLA (Anderson) 98.6 100 99.4 4 4 3 ESSEC / CentraleSupelec 97.9 99.1 98.9 5 NR NR New York University (Stern) 95.1 NR NR 6 5 6 Columbia Business School 94.6 94.5 93.3 7 6 5 London Business School 93.8 94 94.3 8 7 7 Duke (Fuqua) 92.2 91.9 90.5 9 8 8 Imperial College 91.1 90.6 90.2 10 11 11 Carnegie Mellon (Tepper) 89.7 88.4 86.1 MASTER’S IN MARKETING In Marketing, among the Top 10, seven business schools held the same spot as the previous year. That starts with (again) HEC Paris, who retained its spot for the third straight year thanks to perfect scores in Employability and Value For Money. Staying in France, ESSEC Business School and ESCP Business School placed 2nd and 3rd. Both schools matched HEC Paris in Value For Money. However, ESCP was undone by Alumni Outcomes and Thought Leadership, where it posted the 3rd-worst scores among Top 10 schools in both. By the same token, ESSEC’s Employability score – worth a 35% weight – was 2nd-worst in the Top 10. In Alumni Outcomes, the London School of Economics hit a perfect 100 index score, while Columbia Business School set the pace in Thought Leadership (98.6). In terms of diversity, both ESCP and IE Business School achieved an index score of 99 or above in the Marketing specialization. 2027 Rank 2026 Rank 2025 Rank School 2027 Overall Score 2026 Overall Score 2025 Overall Score 1 1 1 HEC Paris 100 100 100 2 2 2 ESSEC Business School 97 97 97.1 3 3 4 ESCP Business School 95.6 94.9 93.9 4 5 3 IE Business School 94.2 94 95.3 5 4 5 Columbia Business School 94 94.5 93.8 6 6 7 Warwick Business School 90.1 90 87.6 7 7 6 Imperial College 89.8 89.9 91.6 8 8 NR London School of Economics 88.8 89.2 NR 9 9 9 Esade Business School 88.5 88.6 86.4 10 NR NR Melbourne Business School 88.3 NR NR MASTER’S IN SUPPLY CHAIN MANAGEMENT The MIT Center for Transportation and Logistics was a new entrant in Supply Chain Management – and score a perfect 100 total index to boot. That starts with perfect scores in both Employability and Alumni Outcomes. Last year, ESSEC Business School and the University of Michigan’s Ross School tied for 1st, but slipped to 2nd and 3rd respectively. Notably, ESSEC showed lower scores in every lens except Value For Money (where it hit 100). In contrast, Ross’s declines came in Value For Money and Diversity. Along with the MIT Center for Transportation and Logistics, University of Sydney Business School and Penn State’s Smeal College debuted in the Top 10. 2027 Rank 2026 Rank 2025 Rank School 2027 Overall Score 2026 Overall Score 2025 Overall Score 1 NR NR MIT Center for Transportation and Logistics 100 NR NR 2 1 NR ESSEC Business School 98.2 100 NR 3 1 1 Michigan (Ross) 92.7 100 100 4 NR NR University of Sydney Business School 91 NR NR 5 3 2 WU (Vienna University of Economics and Business) 90.2 97 96.7 6 4 3 Erasmus (Rotterdam School of Management) 86.4 91.8 94.6 7 5 4 EMLyon Business School 83.1 87.3 86.7 7 6 5 USC (Marshall) 83.1 85.6 84.1 9 7 6 Alliance Manchester 79.9 81.4 79.4 10 NR NR Penn State (Smeal) 77.3 NR NR Next Page: See the Top 10 scores across each lens over the past three years. DON’T MISS: 2026 QS GLOBAL MBA RANKING: A NEW #1 TOPS STANFORD, HARVARD & WHARTON Previous Page Continue ReadingPage 2 of 3 1 2 3 © Copyright 2026 Poets&Quants. All rights reserved. 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