MBA News: The Economist’s 2013 Business School Rankings

Chicago Booth managed to keep its lead over Dartmouth Tuck for the second year in a row to stand at the number one spot in The Economist’s recently published 2013 global, full-time MBA rankings—a position it has held for three of the past four years. “Chicago’s career-placement statistics are particularly impressive, with graduates getting jobs in a wide range of industries and earning an average basic salary of $115,000, a 66% increase on their pre-MBA salary,” The Economist explains. Tuck held steady at second, while UC-Berkeley Haas climbed from sixth to third. Both UVA Darden and Harvard Business School fell slightly in the global rankings, with the former moving from third to fourth place and the latter moving down to sixth from its fourth-place position last year. Columbia Business School also dropped this year, from fifth internationally to tenth.

While U.S. schools account for 16 spots on the publication’s list of top 25 programs, a figure that remains unchanged from 2012, a few international schools were ranked slightly higher this year. Of these, Spain’s IESE came out on top, rising from ninth to fifth in the global rankings, followed by HEC Paris, which made substantial gains this year in rising from 14th to eighth place. Outside of Europe and North America, the University of Queensland in Australia ranked the highest (at 14th place), and Hong Kong University stands out for making it into the top 25 for the first time—an accomplishment attributable to “improving salary statistics and the fact that its students profess such delight with the programme,” says The Economist.

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