Financial Times Global Business School Rankings for the year 2014 has been announced. Harvard has retained the top spot for the fifth consecutive year beating Stanford Graduate School of Business to 2nd, a repeat of the previous year’s ranking. Third position is occupied by London Business School pushing Wharton to fourth place. Insead and Columbia Business School are tied at 5th place.
Yale School of Management has made a comeback to the 10th position. Other schools that have shown remarkable resolve, and ability to bounce back are: Esade Business School (26th to 22nd), Darden (33rd to 27th), SDA Bocconi (37th to 31st), University of North Carolina: Kenan-Flagler (45th to 33rd), Sungkyunkwan University GSB (54th to 45th), University of California at Irvine: Merage (61st to 48th) & Michigan State University: Broad (64th to 52nd).
Interestingly, most Business Schools in 'BRICS' & Asia, except for China & South Africa, have lost its spot compared to previous year: Indian Institute of Management, Ahmedabad (22nd to 30th), Coppead (65th to 79th), National University of Singapore Business School (30th to 32nd), Indian School of Business (30th to 36th) & Nanyang Business School Singapore (35th to 38th). This might be a leading indicator that 'BRICS' Economy has reached a saturation point. China continues to show remarkable resolve with its top Business School except Hong Kong UST Business School (11th to 14th), gaining spots in the FT 2014 Global MBA ranking.
Among the European Business Schools: Insead, IESE, IMD, Judge, Esade, Warwick & SDA Bocconi improved its position. Canadian & Australian Schools were the biggest casualties with almost all top Business Schools losing its position in the latest Financial times Global MBA Ranking.
Details on the latest Ranking