Last Updated on October 30, 2023 by Robert C. Hoopes
Title: “QS Global MBA Ranking Provides Consistency and Challenges Traditional Rankings”
The QS Global MBA Ranking, known for its stability and reliability, has once again emerged as a reputable metric for evaluating MBA programs around the world. In contrast to other rankings such as The Financial Times and The Economist, the QS ranking exhibits less volatility, making it a trusted resource for prospective MBA students.
Leading the pack in the Global MBA Ranking is Stanford Graduate School of Business (GSB), retaining its top spot for yet another year. This achievement is closely followed by the Wharton School and Harvard Business School, solidifying their positions in the prestigious top three. In fact, the rest of the top 10 remains relatively unchanged, with only the Cambridge Judge Business School making its way into this elite group.
What sets the QS methodology apart is its comprehensive evaluation of MBA programs, based on five essential criteria: employability, return on investment, entrepreneurship and alumni outcomes, thought leadership, as well as class and faculty diversity. Stanford GSB shines in terms of employability and entrepreneurship, while the Wharton School is praised for its diversity and thought leadership. Furthermore, MIT Sloan stands out for its exceptional scores in thought leadership and employability.
Nevertheless, one area that falls short in many of the top-ranked programs, according to the QS ranking, is diversity. This highlights the need for improvements in fostering inclusive learning environments within the MBA community. Conversely, European business schools perform remarkably well in the categories of thought leadership and return on investment, suggesting their commitment to academic excellence and meaningful career outcomes.
This year, the QS ranking also records significant improvements, with ESCP Europe showing the most notable rise in its standings. This progress serves as a testament to the university’s dedication to enhancing its MBA program and providing an exceptional experience for its students.
Interestingly, there are noticeable differences between the QS ranking and The Financial Times ranking, as some programs are placed significantly lower in QS. However, there are consistent top performers that are widely recognized by both rankings, such as IESE and Chicago Booth, which have continuously secured their positions within the top 10.
As the business education landscape continues to evolve, the QS Global MBA Ranking serves as a reliable tool for aspiring MBA candidates, offering valuable insights into the top programs worldwide. From employability to diversity, each criterion assessed by QS sheds light on the strengths and weaknesses of MBA programs, empowering students to make well-informed decisions and embark on successful MBA careers.