Harvard Business School Regains Number One Spot in Financial Times 2013 MBA Ranking
Harvard Business School (HBS) returned to the top of the Financial Times (FT) MBA rankings for the first time in eight years, displacing Stanford Graduate Business School, which held the top spot last year. This year marks the fourth time HBS has held the number one spot in the ranking’s 15-year history.
According to FT Business Education Editor Della Bradshaw, HBS was able to rise to the top of the rankings thanks in part to its new dean. “One of the things we measure in our rankings is the international perspective and achievement of the programs,” Bradshaw said in a video interview on the FT site. “Dean Nitin Nohria, who is the first Harvard dean born outside North America, has taken over and has brought that ethos to the school,” she continued. HBS also has added new compulsory oversees elements for its students as part of its MBA program, which Bradshaw believes may have helped HBS regain ground as well.
In terms of larger trends, Bradshaw noted that Canadian and European business schools are falling in the rankings as Asian schools move up. The top 100 MBA schools include 10 from Asia this year, the most ever. Among European schools, business schools in the United Kingdom have slipped the most. Though London Business School has ranked in the top five for the past decade and Cambridge’s Judge School moved up an impressive 10 spots this year to number 16, five U.K schools fell out of the top 100 completely. Overall, 11 U.K. schools made the rankings, down from 18 in 2009.
The top 10 global MBA programs in 2013 as ranked by the FT are as follow:
1 Harvard Business School
2 Stanford Graduate School of Business
3 Wharton School at the University of Pennsylvania
4 London Business School
5 Columbia Business School
7 IESE Business School
8 Hong Kong UST Business School
9 MIT Sloan School of Management
10 University of Chicago Booth School of Business
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