Stanford University’s Graduate School of Business was the big winner of this year’s FT ranking. The American business school moved up to first place – an absolute first in the 14 years that The Financial Times has ranked full-time MBA programmes. Stanford leads the ranking followed by Harvard Business School, Wharton School at the University of Pennsylvania and London Business School, which had both tied for first last year. Columbia Business School made it to fifth place this year.
Overall, US schools have fared marginally better than their European counterparts. Of the 47 US-based schools listed in both the 2011 and 2012 ranking, 20 moved up the list this year. In contrast, 18 of the 23 European schools that were ranked in both years either stagnated or dropped down the table in 2012.
Asian schools achieved mixed results. International business school Insead that operates from a campus in France as well as Singapore fell one place to sixth position and Hong Kong UST Business School dropped two places to tenth position. Three schools, however, entered the ranking in 2012: The highest ranked was the University of Hong Kong on 37th position. Guanghua School of Management at Peking University placed at 54, and the Seoul-based Sungkyunkwan University SKK Graduate School of Business, entered at 66.