The MBA in Europe – FT Rankings 2013

European MBA deadlines 2015-16

The MBA in Europe – FT Ranking 2013

The MBA in Europe may not be an endangered program yet, but it has seen somewhat waning interest from top MBA applicants in recent times.

A weak economy and work permit concerns dominate the worries of international applicants thinking about an MBA in Europe.

The emergence of some more excellent MBA options in Asia, covered in the last part of this series, has further contributed to some Asian candidates preferring to stay closer home.

This does not impact top schools in Europe, however, and we at GyanOne believe that in spite of Europe’s economic condition, the value proposition of an MBA in Europe remains strong at least for top schools.

A listing of top programs for an MBA in Europe according to the Financial Times (2013) is:

Rank in 20133 year average rankSchool nameCountryWeighted salary (US$)
43London Business SchoolUK160988
65InseadFrance / Singapore153992
78Iese Business SchoolSpain146049
119IE Business SchoolSpain157054
1623University of Cambridge: JudgeUK145169
1915IMDSwitzerland147380
2119HEC ParisFrance123571
2225Esade Business SchoolSpain126699
2424University of Oxford: SaïdUK136609
2838Warwick Business SchoolUK120111
2930Manchester Business SchoolUK114769
3333Rotterdam School of Management, Erasmus UniversityNetherlands105546
3836Cranfield School of ManagementUK127911
3936SDA BocconiItaly112673
4037City University: CassUK117195
4242Imperial College Business SchoolUK107032
5761Hult International Business SchoolUS / UK / UAE / China112520
61The Lisbon MBAPortugal132606
64Tilburg University, TiasNimbasNetherlands93859
6476University College Dublin: SmurfitIreland110099
69Mannheim Business SchoolGermany98262
7161Lancaster University Management SchoolUK96080
72University of Bath School of ManagementUK99916
82University of St GallenSwitzerland100814
8470Vlerick Business SchoolBelgium94829
87University of Strathclyde Business SchoolUK108601
92EMLyon Business SchoolFrance94394

Looking at the ranking, some clear observations that can be made are:

  1. Strong representation across the board: All across, 27 European programs made it to the FT top 100 in 2013, with 16 making it to the top 50, and 6 to the top 20. While the top 20 is still dominated by U.S. programs, top European programs that rank in this category have continued to largely hold their top rankings over the last few years, which points to the enduring value seen in these programs through the multiple parameters evaluated by FT.
  2. European MBA programs are organized in clusters: The FT Ranking 2013 reveals that European programs are organized into three distinct groups. The top programs all rank within the FT top 20 (with the exception of Oxford Said), while those ranked between 20 and 40 are quite similar in terms of their parameters. The last category is brought up by schools ranked 40 and below, which are again targeted by a similar set of applicants.
  3. The best programs are not just in the top 10, but in the top 20: Although LBS and INSEAD lead the pack, IE, IESE, Cambridge Judge, and IMD are also excellent options for the international applicant looking at an MBA in Europe. Rightfully, so is Oxford Said, thought it ranks a notch below.
  4. A slight wobble in rankings for top schools does not mean much: While most of the European schools in the top 30 dropped in rankings in 2013, there is not much to read in this slight change. Some programs that are otherwise popular with international applicants, such as Rotterdam (Netherlands), SDA Bocconi (Italy) and Lisbon (Portugal) may be lower in the ranking, but applicants looking at an MBA in Europe are still much more likely to shortlist them. Class diversity, affordability, and regional economic conditions play a big part in school selection.
  5. ESADE and Warwick are the star performers of the moment: Both of these programs have gained quite a few ranks on the FT Ranking, and are attracting international applicants through offering scholarships, career support, and international opportunities.

In summary, the MBA in Europe is still in good shape but top international applicants are not biting as much, except for programs in the top 30.

What can European schools do to win the sheen back on their excellent programs? For one, communicating the value proposition of the MBA in Europe, the career opportunities available to students, the impact of the economic situation in Europe,

and work permit norms as they apply in the respective country can help to a great extent. As an example, the Rotman School of Management in Canada has a Post-Graduate Work Permit Program,

which helps international applicants to look for suitable career opportunities without the constant threat of visa expiry pending a work permit weighing on their minds.



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3 Responses to “The MBA in Europe – FT Rankings 2013”


  • Avatar
    Kanishka / / Reply

    I totally agree with you GyanOne..i am targeting the top 3 programs in Europe and i do think they provide good value propositions. My colleagues have graduated from one of these colleges and are well placed in Europe now. However, they did struggle with visa issues, but the fight is worth the reward.
    Will get in tough with your team for the application review service for these colleges.

  • Avatar
    EshaMH / / Reply

    @Kanishka: Would an MBA from Oxford Said or Cambridge Judge be able to get good job in technical ot IT domain in Europe? Please advice as i am selecting b-schools based on the placements it can offer me and cost of MBA in Europe and Asia.

  • […] highest ranked European school after LBS and INSEAD and currently ranks 7th around the world in the FT Ranking 2013. Here is a school that focuses on ideas and the individual as much as it does on salaries and […]

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