World's Best Masters In Management | Financial Times Ranking
The Financial Times has released its 2020 ranking of the best Master’s in Management (MiM) degrees in the world. And it’s good news for Switzerland’s University of St Gallen School of Management, which tops the list this year. To get more news about
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114 schools took part in this year’s ranking, up from 111 in 2019. To be eligible a school’s Master’s in Management program must be full-time, cohort-based, and have at least 30 graduates each year. Schools must be accredited by AACSB or EQUIS.
The MiM ranking based on two surveys—one completed by business schools and the other by alumni who completed their MiM in 2017—and 17 criteria. Alumni responses make up 58% of the total weighting, with school data comprising the remaining 42%.
The current average salary of alumni is the most influential metric, carrying a 20% weighting, with salary increase (10%) the next most influential metric. International course experience and international mobility are the next most important metrics, carrying an 8% weighting each.
It’s the 10th FT MiM ranking in a row that has ranked St Gallen’s program the best master’s in management program in the world—the FT has ranked the school number one every year since 2011.
The average weighted salary for graduates of the program is $113,175—an average increase of 52%—and three months after graduation 94% of students were employed.
Omid Aschari, the managing director of St Gallen’s Master’s in Strategy and International Management (SIM), says the best master’s degrees ensure grads are more relevant to prospective employers—integral today with the disruption caused by COVID-19 to the jobs market and the competitiveness growing among potential hires.
“My impression is that we are living in a world that is increasingly confronted with challenges that cannot be resolved by one person, one company, or even one industry or country,” he explains.
"A Master’s in Management can address this by creating learning environments for young people that encourage new thinking, new ideas, and a new mindset that allow them to arrive at novel solutions that people care about and are fired up to join.”
