FT 2023 ranking of the best Masters in Management

The FT 2023 ranking has just been published, and the changes compared to the 2022 ranking are impressive. French schools are particularly well represented this year, with 21 French schools out of a total of 100 in the ranking. Find out more about one of the most eagerly awaited rankings of the year!

FT 2023 ranking : Grande Ecole programs well represented

As in 2022, the Top 10 of the FT 2023 ranking is made up of 4 French Grandes Ecoles (HEC Paris, ESCP, ESSEC and emlyon), which is a remarkable achievement. Indeed, HEC Paris is in first place in this year's ranking (2nd last year) ahead of the University of Saint Gallen, which has been in first place since at least 2010 according to the FT's latest publications.

FT MiM 2023 ranking of the best French schools

France dominates the FT 2023 rankings, with no fewer than 21 entries this year, or 1/5 of the schools ranked. This year's French TOP 7 includes :

The French top trio remains unchanged in 2023: HEC Paris (1st), ESCP (4th) and ESSEC (5th). It should be noted that ESCP Business School and Essec Business School have each moved up one place in the ranking (respectively 5th and 6th in the world last year). Emlyon Business School (7th) is once again ahead of Edhec Business School (11th).

Read more : EDHEC or EMLYON: which is the real 4th French school?

Masters in Management : changes in the FT 2023 ranking

This year, French schools performed extremely well, with 85% of them recording an upward trend. KEDGE Business School also moved up to 48th place worldwide.

Audencia (+20), ICN Business School (+21), TBS Education (+13), Institut Mines-Télécom Business School (+15) and ESC Clermont Business School (+26) all made huge gains.

Some schools saw their rankings drop, such as Rennes School of Business (-22) and to a lesser extent IÉSEG School of Management (-6).

FT 2023 rankings: SKEMA misses the mark

SKEMA no longer appears in this year's ranking, having been ranked 41st last year, after dropping 21 places compared to 2021. According to the school's press release to its students, SKEMA did not achieve the required 20% response rate from its graduates to the FT survey, which is why it is not included in the 2023 ranking.

The Financial Times rankings are largely based on the "Alumni Survey", which is administered directly by the FT to graduates who graduated 3 years earlier. This year, the return rate for SKEMA graduates did not exceed 20%.

Last but not least, Skema enjoys excellent momentum in France's benchmark rankings. For example, SKEMA ranks 5th in Le Point, 5th in Le Parisien, 6th in Challenges, Le Figaro and L'Étudiant. What's more, the school remains 4th worldwide in the QS ranking of the best Masters in Finance.

Read more: Financial Times ranking of the best Masters in Finance in 2023

How is the FT 2023 ranking calculated?

The Financial Times ranking is based on the business programs offered by business schools, including MBAs, EMBAs, Masters in Finance, Masters in Management and online MBAs. To be eligible for this ranking, schools must hold AACSB or Equis accreditation, and the programs evaluated must have a track record of at least 3 or 4 years. In addition, schools' research activities are also taken into account, including the number of publications and the involvement of teacher-researchers within the institution.

Graduate salaries are also an important criterion in this ranking. It is calculated according to the purchasing power rate published by the IMF, which is then converted into dollars for global comparison. Other factors, such as the percentage of international students, student diversity, post-training salary increase and others, are also taken into consideration when evaluating schools for inclusion in the Financial Times rankings.

Finally, as we saw with the example of SKEMA, each school must obtain at least a 20% response rate from its graduates - the threshold set by the FT for a schoo