QS Global 200 Business Schools Report 2013/14. Top business schools by region: Europe

Transcription

1 QS Global 200 Business Schools Report 2013/14 Top business schools by region: Europe

2 2 QS Global 200 Business Schools Report 2013/14 This year s QS Global 200 Business Schools report divides Europe s top business schools into four categories, based on their level of international employer recognition: 1. Elite global Elite Global business schools form an established cadre of the world s very best business institutions. They are targeted by a wide range of employers, both domestically, regionally and globally. Highly international, they typically admit only experienced candidates with superior GMAT scores and all-round credentials. Their name will transform the resume of any candidate. MBAs will in many cases go on to be influential business leaders, and can expect to earn top salaries upon graduation Institution Country Employer Index GMAT Score Years Work Intern'l Female Class Size 1 1 INSEAD - France France 100, London Business School 100, IE Business School Spain 99, Oxford University, Said Business School 99, IMD Switzerland 98, SDA Bocconi School of Management Italy 98, IESE Business School, University of Navarra Spain 95, ESADE Business School Spain 92, Copenhagen Business School Denmark 92, HEC MBA Program (Paris) France 89, The St.Gallen MBA, University of St Gallen Trinity MBA,University of Dublin, Trinity College Switzerland 81, Ireland 67, Judge Business School, University of Cambridge 66, ,

3 3 INSEAD retains its position as the region s number one institution ahead of London Business School (LBS) his year. The two have a profile among international MBA employers that far exceeds that of any other school in the region, and places them alongside Harvard Business School at the top of the global hierarchy. Behind the top two there has been a shift in the hierarchy this year, with Spain s IE Business School and Oxford s Said Business School moving up to third and fourth respectively, and last year s third-placed school IMD dropping to sixth. The UK and Spain both have three Elite Global schools, ahead of Switzerland (2), France (2), Denmark (1), Ireland (1) and Italy (1). Students at INSEAD have the region s highest average GMAT scores at 704, ahead of LBS and Oxford Said, both on 698. GMAT performance in the region lags significantly behind North America. INSEAD is the only European school with an average score of over 700, compared to 15 schools in North America. Around 88.5 of MBAs from Elite Global schools in Europe are employed within three months of graduating, a slightly better rate than the 85.4 achieved by those in North America. Cambridge Judge Business School achieves a leading figure of 97, alongside two Spanish schools: ESADE Business School and IESE Business School, University of Navarra.

4 4 QS Global 200 Business Schools Report 2013/14 Average salaries Institution Salary on Mean Bonus Employed 3 Months After Program Length (Months) Total Tuition Fees INSEAD - France London Business School IE Business School Oxford University, Said Business School IMD SDA Bocconi School of Management IESE Business School, University of Navarra ESADE Business School Copenhagen Business School HEC MBA Program (Paris) The St.Gallen MBA, University of St Gallen N/A Trinity MBA,University of Dublin, Trinity College N/A Judge Business School, University of Cambridge MBAs from Elite Global schools in Europe earn average salaries of US$107, 432, with average bonuses of $15,551 taking the total average remuneration to US$122,983. This total falls just of the North American figure of $123,239. Perhaps predictably, the strongest average salaries earned by European MBAs are those from Swiss school IMD (US$159,912), placing it number one in the world ahead of the US s Stanford Graduate School of Business (US$156,265). INSEAD (US$149, 500) is second in the region. Only three of the 13 Elite Global schools in Europe have average base salaries below US$100,000 per annum: ESASE Business School (US$90,400), SD Bocconi School of Management (US$95,000), and Oxford Said (US$99,000). However, all three cross the six-figure threshold once bonuses are included.

5 Emerging Global Emerging Global business schools have an established reputation for excellence among employers that stretches well beyond their region. They attract high-quality candidates from all over the world, and graduates can expect to earn highly competitive salaries. Though in many cases they are newer and not as firmly established as the brand name institutions that make up the Elite Global cluster, these institutions will in many cases aspire to break into the Elite Global group in years to come Institution Country Employer Index GMAT Score Years Work Intern'l Female Class Size Imperial College Business School, Imperial College London 58, Mannheim Business School Germany 54, Frankfurt School of Finance and Management Germany 53,4 N/A 4 N/A N/A N/A Cranfield School of Management 51, Warsaw University of Technology, Business School Rotterdam School of Management, Erasmus University Poland 49, Netherlands 48, Warwick Business School, University of Warwick 47, European Business School (EBS) Germany 45, N/A Central European University, CEU Business School Hungary 44, ESIC Business & Marketing School Spain 44, Politecnico di Milano > MIP - School of Management Italy 42, WHU Otto Beisheim School of Management Germany 39, Vlerick Leuven Gent Management School Belgium 34, Manchester Business School, The University of Manchester 33, Corvinus University of Budapest, Corvinus School of Management Hungary 31, ESSEC Business School France 30, University of Edinburgh Business School 29, University College Dublin, Smurfit School of Business Ireland 27,

6 6 QS Global 200 Business Schools Report 2013/ Solvay Business School, ULB (Universite Libre de Bruxelles) Belgium 26, Henley Business School 24, European University (Barcelona, Geneva, Munich) Spain 23, N/A A total of 20 European schools make the Emerging Global category, spread across 10 nations: UK (6), Germany (4), Belgium (2), Hungary (2), Spain (2), France (1), Ireland (1), Italy (1), Netherlands (1), and Poland (1) The leading school for employer recognition is the UK s Imperial College Business School, Imperial College London, ahead of Germany s Mannheim Business School and Frankfurt School of Finance and Management. Average GMAT scores range from 675 at Mannheim Business School to 500 at Warsaw University of Technology Business School and Henley Business School. Candidates at the UK s Cranfield School of Management average as many as 9 years experience, while those at European University (Barcelona, Geneva, Munich) average as few as two. Average salaries Institution Salary on Mean Bonus Employed 3 Months After Program Length (Months) Total Tuition Fees Imperial College Business School, Imperial College London Mannheim Business School Frankfurt School of Finance and Management N/A N/A N/A Cranfield School of Management Warsaw University of Technology, Business School N/A N/A Rotterdam School of Management, Erasmus University Warwick Business School, University of Warwick European Business School (EBS) N/A

7 7 Central European University, CEU Business School N/A ESIC Business & Marketing School N/A Politecnico di Milano > MIP - School of Management WHU Otto Beisheim School of Management N/A N/A Vlerick Leuven Gent Management School Manchester Business School, The University of Manchester Corvinus University of Budapest, Corvinus School of Management N/A ESSEC Business School N/A University of Edinburgh Business School N/A University College Dublin, Smurfit School of Business Solvay Business School, ULB (Universite Libre de Bruxelles) N/A N/A Henley Business School N/A N/A N/A European University (Barcelona, Geneva, Munich) N/A N/A The diverse range of nations represented in the Emerging Global category means graduate salaries vary significantly. Average salary+bonus compensation comes out at US$91,088, ranging from US$122,475 at Vlerick Leuven Gent Management School to US$35,000 at Corvinus University of Budapest, Corvinus School of Management. Average starting salary + bonus compensation tops six figures for MBAs from four schools: Imperial College Business School, Cranfield School of Management, Rotterdam School of Management Erasmus University and Vlerick Leuven Gent Management School. Mannheim Business School, Warsaw University of Technology Business School and Vlerick Leuven Gent Management School all boast 100 employment rates within three months of graduation.

8 8 QS Global 200 Business Schools Report 2013/14 3. Elite Regional Elite Regional institutions are well regarded by employers within their region, and may have started to develop a reputation further afield. Admitted students typically have strong credentials, though they may be slightly less experienced on average than those at Elite Global or Emerging Global institutions. Elite Regional institutions are often younger institutions that, having established an excellent reputation among employers within their region, will be looking to establish their brand as one with a truly global reach Institution Country Employer Index GMAT Score Years Work Intern'l Female Class Size EDHEC Business School France 22, Ashridge Business School 22, HHL - Leipzig Graduate School of Management Sorbonne Graduate Business School - IAE de Paris ESMT European School of Management and Technology Germany 20, France 20, N/A Germany 18, Nottingham Trent University - Nottingham Business School 17, MIB School of Management Italy 17, Nottingham University Business School 17, Faculdade de Economia, Universidade Nova de Lisboa Portugal 16, Cass Business School 16, Grenoble Graduate School of Business, Grenoble Ecole de Management France 16, The Business School, University of Exeter 15, Universiteit van Amsterdam, Amsterdam Business School Netherlands 14, LUISS Business School Italy 14, N/A Business School Lausanne Switzerland 14,

9 9 Average salaries Institution Salary on Mean Bonus Employed 3 Months After Program Length (Months) Total Tuition Fees EDHEC Business School Ashridge Business School N/A HHL - Leipzig Graduate School of Management Sorbonne Graduate Business School - IAE de Paris ESMT European School of Management and Technology Nottingham Trent University - Nottingham Business School N/A N/A N/A MIB School of Management Nottingham University Business School N/A Faculdade de Economia, Universidade Nova de Lisboa N/A N/A N/A Cass Business School Grenoble Graduate School of Business, Grenoble Ecole de Management N/A The Business School, University of Exeter N/A N/A N/A Universiteit van Amsterdam, Amsterdam Business School N/A LUISS Business School N/A N/A Business School Lausanne N/A

10 10 QS Global 200 Business Schools Report 2013/14 4. Emerging Regional Emerging Regional institutions have established a solid reputation among employers within their own country. They will appeal to candidates with fewer years of professional experience, and graduate salaries are on average more modest than those at Elite Regional institutions. Having established a good reputation among domestic employers, they will now be looking to increase their visibility among international employers and students Institution Country Employer Index GMAT Score Years Work Intern'l Female Class Size EMLYON Business School France 13, Aston Business School, Aston University Durham Business School, Durham University Bradford University School of Management 12, , , IAE AIX, Graduate School of Management - Universite Paul Cezanne (Aix-Marseille III) France France 9, School of Management, University of Bath 9, ALBA Graduate Business School Greece 9, Hochschule Offenburg - University of Applied Sciences Germany 9, N/A EADA Spain 8, EAE Business School Spain 8, N/A University of Strathclyde Business School 7,

11 11 Average salaries Institution Salary on Mean Bonus Employed 3 Months After Program Length (Months) Total Tuition Fees EMLYON Business School N/A Aston Business School, Aston University N/A Durham Business School, Durham University N/A N/A Bradford University School of Management N/A IAE AIX, Graduate School of Management - Universite Paul Cezanne (Aix-Marseille III) France N/A N/A School of Management, University of Bath N/A ALBA Graduate Business School N/A Hochschule Offenburg - University of Applied Sciences N/A N/A N/A ,9 EADA N/A EAE Business School N/A N/A University of Strathclyde Business School N/A