The FT Global MBA ranking and the English football Premier League have one thing in common. Pundits may argue about who will head the table, but most years there is little doubt about the top five.
So it is for 2014: Harvard Business School fended off competitors and kept the crown it regained last year. This is the fifth time Harvard has topped the rankings since they began in 1999. Stanford Graduate School of Business remained second, while London Business School leapfrogged the Wharton school at the University of Pennsylvania, pushing the latter into fourth place. Columbia Business School and Insead are joint fifth.
The FT ranking is based on two surveys of the business schools and their alumni who graduated in 2010. MBA programmes are assessed according to the career progression of their alumni, the school’s idea generation and the diversity of students and faculty.
Harvard leads the field for idea generation, coming first for research and second for its doctoral programme. The school’s alumni also boast the second-highest average salary three years after graduation (behind Stanford) and above-average salary increase. Harvard is also among the top schools for career progression and its MBA was the most highly commended by graduates from other schools.