Spain’s IE Business School Seizes Top Spot in Financial Times’ European Business School Ranking
IE Business School of Spain knocked HEC Paris of France from the number one spot it had held for the past six years in the most recent ranking of European business schools from the Financial Times, which were announced this week.
The FT ranking is based on the indexed scores achieved by schools this year in five individual rankings – for MBAs, executive MBAs, masters in management and open and custom executive education. IE participated in the master in management ranking for the first time in 2012, making this the first year the Spanish school was included in all five rankings. HEC Paris, for its part, lost its top rank in part due to its participation in a joint EMBA program with London School of Economics and NYU Stern. As just one-third of the program, HEC Paris received only one-third of the program score. “In effect, HEC’s 4.33 programs lost out to IE’s five programs,” read the FT.
To be sure, the FT stressed, capturing the top spot in the European schools ranking also reflects IE’s strong performance across all of the rankings, including coming in third in the MBA rankings. But competition at the top is growing, with more schools participating in all five rankings, according to the FT.
The top 10 European schools according to the 2012 FT ranking are as follow:
IE Business School
London Business School
University of Saint Gallen
Rotterdam School of Management