2013-14 The Economist MBA Ranking: Booth Retains #1 Position & Top US Schools falls in ranking

The Economist Full-time MBA ranking for 2013-14 has been released. Chicago Booth has retained the top spot for the 2nd consecutive year. Tuck and Haas takes the 2nd and 3rd positions respectively. Haas School of Business made an impressive jump from 6th position to 3rd position. Other notable rise in ranking in the top 10 positions are from IESE Business School (9th to 5th ), NYU Stern (11th to 7th) and HEC Paris (14th to 8th).

The traditional strong schools in other ranking publications that dropped its positions are Harvard (4th to 6th), MIT Sloan (7th to 12th) and Columbia (5th to 10th). Although there is a drop in ranking for US based Business Schools, except for IESE Business School and HEC Paris, 8 of the top 10 Full-time MBA programs are offered by Business Schools in the US.

The two dominant Business Schools from Asia –Hong Kong University of Faculty of Business and Economics and Indian Institute of Management Ahmedabad are at 14th and 39th position respectively.

From the top 25 rankings, the school to watch out for is Queensland University of Business School, which improved its ranking to 14th position from a far off 27th position in 2012-13.

Although European Business Schools have sporadic positions in top 10 and top 20 positions, Full-time MBA programs offered from European Business Schools dominate the 40th to 50th ranking positions.

The Four Business School ranking evaluation factors include: opening new career opportunities (35%); personal development/educational experience (35%); increasing salary (20%); and the potential to network (10%).

Here are the top 25 Full-time MBA programs according to The Economist Full-time MBA Ranking 2013-14: