According to the Financial Times Global MBA Ranking 2016, INSEAD, the one-year program from the acclaimed Paris based Business School, tops the list taking the number one position this year.
For the first time in the history of the Financial Times Rankings, a one-year MBA program takes the lead considering that the more traditional two-year programs dominated the rankings for years.
INSEAD climbed three positions in the ranking from last year, surpassing the likes of Harvard Business School (USA), London Business School (UK), and University of Pennsylvania Wharton School (USA).
|2||Harvard Business School||USA|
|3||London Business School||UK|
|4||University of Pennsylvania Wharton School||USA|
|5||Stanford Graduate School of Business||USA|
|6||Columbia Business School||USA|
|7||Haas School of Business, University of California at Berkeley||USA|
|8||University of Chicago Booth School of Business||USA|
|9||MIT Sloan School of Management||USA|
|10||Cambridge Judge Business School||UK|
|11||Kellogg School of Management - Northwestern University||USA|
|12||IE Business School||Spain|
|14||HKUST Business School||China|
|16||IESE Business School||Spain|
|17||China Europe International Business School – CEIBS||China|
|18||Yale School of Management||USA|
|19||New York University Stern School of Business||USA|
|20||University of Michigan Ross School of Business||USA|
Source: Financial Times Global Ranking 2016
INSEAD, the #1 MBA Program in 2016
One of the appeals for students to pursue a one-year MBA program, compared to the more traditional two-year MBAs, is the reduced fees and overall expenses for the shorter program. The return on investment is weighted in the decision as to which school to apply for, considering not only educational fees, but also room and board, books, transportation and time away from work. According to one student, INSEAD delivers the “most bang for the buck” when it comes to cost-benefit analysis of MBA programs.
Another aspect that students take into consideration is the salary increase after graduating from the program. INSEAD graduates’ salaries after three years of graduation increases an average of 96%, nearly doubling the salary level prior to the MBA program. According to the Financial Times the average salary for the Class of 2012 totals $ 167,000, similar to their counterparts from other top schools.
For the past seventeen years INSEAD has been ranked among the Top 10 Business Schools in the Financial Times Rankings. With campuses in France and Singapore, INSEAD one-year MBA program offers a strong focus on entrepreneurship, diversity, problem-solving, global perspective and international cohort.