The latest edition of the Economist full-time MBA ranking has just been published. In 2019 it was dominated by prestigious US schools such as Chicago, Harvard, Northwestern, Pennsylvania, UCLA, Berkeley and Stanford.
It seems that the top US business schools have refused to take part in the Economist rankings, leaving the way open for European institutions and some American outsiders. This year the first place goes to the IESE in Barcelona, which has risen by nine places and has replaced the University of Chicago, followed by the HEC Paris Business School and the Ross School at the University of Michigan.
This is one ranking where China does not do well, with only one Chinese business school among 90 ranked institutions. Meanwhile the Pan Atlantic University Lagos Business School in Nigeria has entered the charts in 88th place.
The ranking is based on 32 indicators that include diversity, graduate outcomes, faculty quality, test scores, and reputation.
The top ten schools in the current edition are:
- IESE Business School, Spain
- HEC Paris Business School, France
- University of Michigan Stephen M Ross School of Business, USA
- New York University Leonard N Stern School of Business, USA
- Georgia Institute of Technology Scheller College of Business, USA
- SDA Bocconi School of Management, Italy
- EDHEC Business School, France
- University of Washington Foster School of Business, USA
- Carnegie Mellon University Tepper School of Business, USA
- IMD International Institute for Management Development, Switzerland.