Wharton School did really well this year and got the top spot in the 2024 Financial Times MBA ranking after not doing so great last year. But the surprising part is that Harvard Business School dropped to 11th place, going down seven spots, and Stanford Graduate School of Business fell to 23rd place, going down a huge 19 spots. This is the worst ranking for both schools in the 26 years of this ranking. Even though the quality of these schools and their MBA programs hasn’t changed much, they’re not on top anymore in this ranking.
INSEAD secured the 2nd position, while the 3rd spot is jointly held by Columbia Business School and SDA Bocconi School of Management. Following closely is IESE, ranking 5th, succeeded by Kellogg School of Management. A noteworthy development is MIT Sloan’s significant leap from the 11th position last year to the 6th position in 2024. London Business School, Cornell University, and Chicago Booth have all successfully secured places within the top 10.
Highlighting substantial improvements, Tepper School of Business moved from 49th to 33rd, ESADE Business School progressed from 30th to 17th, and the Indian Institute of Management-Ahmedabad rose from 62nd to 41st. However, there were notable declines, such as Stanford Graduate School of Business falling from 4th to 23rd, Berkeley Haas from 7th to 19th, and Kenan-Flagler from 38th to 48th. Additionally, it’s worth noting that 12 schools, including Michigan Ross, Warrington, Owen, and Katz, did not make it to the latest ranking.
Here is the complete list:
| Rank | School Name | Location, by primary campus | Rank in 2023 |
| 1 | University of Pennsylvania: Wharton | US | – |
| 2 | INSEAD | France | 2 |
| 3 | Columbia Business School | US | 1 |
| 3 | SDA Bocconi School of Management | Italy | 6 |
| 5 | IESE Business School | Spain | 3 |
| 6 | Northwestern University, Kellogg School of Management | US | 9 |
| 6 | MIT: Sloan | US | 11 |
| 8 | London Business School | UK | 16 |
| 9 | Cornell University: Johnson | US | 8 |
| 10 | University of Chicago: Booth | US | 11 |
| 11 | Harvard Business School | US | 4 |
| 12 | HEC Paris | France | 17 |
| 12 | Dartmouth College: Tuck | US | 15 |
| 14 | Duke University’s Fuqua School of Business | US | 11 |
| 15 | Yale School of Management | US | 10 |
| 16 | University of Virginia: Darden | US | 17 |
| 17 | ESADE Business School | Spain | 30 |
| 18 | UCLA Anderson School of Management | US | 14 |
| 19 | University of California at Berkeley: Haas | US | 7 |
| 20 | IE Business School | Spain | 22 |
| 21 | New York University: Stern | US | 19 |
| 21 | CEIBS | China | 20 |
| 23 | Stanford Graduate School of Business | US | 4 |
| 24 | Shanghai University of Finance and Economics: College of Business | China | 23 |
| 25 | ESCP Business School | France | 27 |
| 26 | University of Oxford: Saïd | UK | 28 |
| 27 | National University of Singapore Business School | Singapore | 25 |
| 27 | Fudan University School of Management | China | 48 |
| 29 | University of Cambridge: Judge | UK | 23 |
| 30 | University of Washington: Michael G. Foster | US | 32 |
| 31 | Indian School of Business | India | 39 |
| 32 | Nanyang Business School, NTU Singapore | Singapore | 38 |
| 33 | University of Southern California: Marshall | US | 21 |
| 33 | Carnegie Mellon: Tepper | US | 49 |
| 35 | HKUST Business School | Hong Kong | 42 |
| 36 | IMD — International Institute for Management Development | Switzerland | 32 |
| 37 | Peking University: Guanghua | China | – |
| 38 | Georgetown University: McDonough | US | 32 |
| 39 | Imperial College Business School | UK | 37 |
| 40 | University of Georgia: Terry | US | 61 |
| 41 | Indian Institute of Management Ahmedabad | India | 51 |
| 42 | Rice University: Jones | US | 29 |
| 42 | Emory University: Goizueta | US | 36 |
| 44 | University of Texas at Austin: McCombs | US | 50 |
| 45 | HKU Business School | Hong Kong | 41 |
| 46 | Alliance Manchester Business School | UK | 46 |
| 47 | Indian Institute of Management Bangalore | India | 52 |
| 48 | University of North Carolina: Kenan-Flagler | US | 35 |
| 49 | Washington University: Olin | US | 31 |
| 49 | Georgia Tech Scheller College of Business | US | 64 |
| 51 | University of California at Irvine: Merage | US | 54 |
| 51 | Michigan State University: Broad | US | 43 |
| 53 | Arizona State University: WP Carey | US | 53 |
| 54 | Essec Business School | France | 70 |
| 55 | University of Rochester: Simon Business School | US | 45 |
| 55 | University of Texas at Dallas: Jindal | US | 59 |
| 57 | Edhec Business School | France | 47 |
| 57 | EMLyon Business School | France | 76 |
| 59 | University of Notre Dame: Mendoza | US | 71 |
| 60 | Warwick Business School | UK | 55 |
| 61 | Rotterdam School of Management, Erasmus University | Netherlands | 63 |
| 62 | Queen’s University: Smith | Canada | 71 |
| 63 | WHU – Otto Beisheim School of Management | Germany | 68 |
| 63 | University of Sydney Business School | Australia | – |
| 65 | University of St Gallen | Switzerland | 59 |
| 66 | Trinity College Dublin, Trinity Business School | Ireland | 87 |
| 67 | Indian Institute of Management Calcutta | India | 76 |
| 68 | Bayes Business School (formerly Cass) | UK | 66 |
| 69 | George Washington University | US | 58 |
| 70 | University of Toronto: Rotman | Canada | 67 |
| 71 | Texas A & M University: Mays | US | 74 |
| 72 | Singapore Management University: Lee Kong Chian | Singapore | 61 |
| 73 | Mannheim Business School | Germany | 56 |
| 74 | The Lisbon MBA Catolica | Nova | Portugal | 85 |
| 75 | CUHK Business School | Hong Kong | 64 |
| 76 | William & Mary: Mason | US | 81 |
| 77 | Audencia | France | 86 |
| 78 | Durham University Business School | UK | 78 |
| 79 | AGSM at UNSW Business School | Australia | 95 |
| 80 | Cranfield School of Management | UK | 88 |
| 81 | Wisconsin School of Business | US | – |
| 82 | Boston University Questrom School of Business | US | 75 |
| 83 | McGill University: Desautels | Canada | 83 |
| 84 | Brigham Young University: Marriott | US | 92 |
| 85 | Indian Institute of Management Lucknow | India | 90 |
| 86 | Babson College: Olin | US | 95 |
| 86 | Hult International Business School | US | – |
| 86 | Rutgers Business School | US | – |
| 89 | Sungkyunkwan University GSB | South Korea | 82 |
| 90 | Western University: Ivey | Canada | 84 |
| 91 | University College Dublin: Smurfit | Ireland | 94 |
| 92 | University of Edinburgh Business School | UK | – |
| 93 | Northeastern University: D’Amore-McKim | US | 78 |
| 94 | Eada Business School Barcelona | Spain | 100 |
| 95 | Copenhagen Business School (CBS) | Denmark | – |
| 96 | Grenoble Ecole de Management | France | – |
| 97 | Politecnico di Milano School of Management | Italy | – |
| 98 | Tias Business School, Tilburg University | Netherlands | 90 |
| 99 | XLRI — Xavier School of Management | India | – |
| 100 | Fordham University: Gabelli | US | – |
If you are planning for your fall 2024 MBA applications, contact ARINGO today: https://aringo.com/mba-process-registration/
Leave A Comment