The Californian school, famous for a concentration on entrepreneurship and self-development, came tip in this ranking of a 50 best generalist MBA programmes worldwide for careers in finance. The ranking was formed on responses of graduates operative in financial 3 years after completing their MBA courses, to questions on a operation of subjects including salary. Harvard Business School and Judge Business School ranked second and third.
Of all attention sectors, financial is a largest employer of tip MBA graduates. Among a tip 50 schools in the FT’s altogether MBA ranking, some-more than a entertain (27 per cent) of a category of 2013 work in finance. This is 10 commission points larger than a suit of this year’s alumni operative in consultancy, a subsequent largest employer.
The new list is not a ranking of specialised MBAs in finance. The FT used information collected in 2016 as partial of the FT 2017 Global MBA ranking and enclosed usually those schools with some-more than 10 alumni operative in financial among a respondents.
The programmes were assessed regulating 13 opposite criteria, including income and income boost of alumni, as good as career progression. The investigate also deliberate investigate published by a schools’ full-time expertise in 5 internationally recognized financial journals. The ranking took into comment of a altogether suit of alumni employed in finance; a suit of those who worked in financial before their MBA and sojourn operative in finance; and a suit of those who did not work in financial before their MBA, though who do so now.
Twenty-seven per cent of Stanford’s alumni work in finance. Those graduates have a tip annual income among a tip 50 schools during $266,000 a year, a 104 per cent boost on their pre-MBA salary, on average. This compares with a weighted normal income of $160,000 a year for consult respondents, that also represents a 104 per cent increase. In addition, Stanford’s alumni ranked tip for career swell (see ranking list key).
After graduating, as many alumni leave a financial zone as pierce into it. Overall, 15 per cent of students who formerly worked in other fields assimilated a financial attention after their MBA, FT investigate shows.
“I transitioned from non-profit work into private equity,” pronounced one connoisseur from Stanford. “I couldn’t presumably have finished so though my MBA programme — both a skills it imparted and a status of a university.”
Darden School of Business ranked 17th overall, though a graduates performed a tip income increase, with their annual gain rising 151 per cent to $162,000 on average. Judge Business School is best for value for income while Kelley School of Business in Indiana, ranked 42, is best for career services. Alumni from Ross School of Business have a tip compensation rate during 91 per cent. Stern School of Business ranked series one for a investigate and was fourth overall.
Melbourne Business School has a many gender-balanced cohort, with 45 per cent of women, while all of Esade’s graduates were from overseas. Alumni from HEC Paris are a many internationally mobile, only forward of those from Insead.
The 50 ranked schools are from 11 opposite countries, with some-more than half (27) in a US. The UK has a second-largest illustration with 6 schools, including Saïd Business School, a other deputy in a tip 10, in seventh place. China, with 4 schools, has a third-largest group. Three of these are in Hong Kong and are ranked between 12 and 16.
Two-thirds of The University of Hong Kong’s alumni work in finance, a largest suit among ranked schools, while CUHK Business School and HKUST Business School are above a 40 per cent mark.
Non-Chinese students study in Hong Kong are some-more expected to sojourn in Hong Kong if they work in finance. Half of them did so, compared with reduction than a third of those who work in other industries. “I complicated in Hong Kong to get a pursuit in Hong Kong,” pronounced one Korean graduate. Students from mainland China are only as expected to lapse to mainland China, either they work in financial or not.
Canadian schools have a second-largest suit of alumni in financial during 43 per cent. Ivey Business School, Rotman School of Management and Smith School of Business are all located in or nearby Toronto, Canada’s categorical financial centre. However, Canadian financial salaries are comparatively low, during $92,000 on average.