Columbia Business School ranks first in the Financial Times Global MBA Ranking 2023 for the first time in 25 years. Securing the third-highest average weighted salary at USD 226,359 and the second-highest rank in the research category, Columbia Business School has jumped up from #2 the previous year to claim the top spot for the first time. Columbia Business School is one of the M7 US universities and amongst the four Ivy League schools in the top 10 along with Harvard Business School, Cornell University Johnson Graduate School of Management and Yale School of Management.

INSEAD has secured second place globally while being the top most ranked school in Eurasia, scoring eighth place in the research category, seventh in international course experience and ninth place for average weighted salary at USD 198,363. INSEAD was ranked third in 2022.

Following INSEAD, IESE Business School ranks third leaping from tenth place in 2022 above Harvard Business School and Stanford Graduate School of Business at fourth and fifth place respectively. Harvard Business School has the highest research rank and the second highest average weighted salary at USD 235,019. Stanford Graduate School of Business tops the average weight salary at USD 248,669 and is at #2 for career rank.

SDA Bocconi School of Management rose to sixth place after finishing 13th in 2022. Likewise, the University of California Berkeley Haas School of Business leapt seven places to land the #7 spot.

Continuing the trend, the top 20 include 14 US universities and 6 universities from France/Singapore, Spain, Italy and China. Due to the high weighted salaries and availability of post-graduate jobs in the US for international students, US universities continue to dominate the top 20s.

Notably, the University of Pennsylvania’s Wharton School which held the top spot more than any other university has been dropped from the rankings entirely due to inadequate alumni survey responses.