Find out which school’s offer the best business master’s and MBA programs in the world, according to QS
Global higher and business education analyst, QS Quacquarelli Symonds, has released its 2021 ranking of the best master’s and MBA programs in the world.
The core metrics for the ranking look at employability, entrepreneurship and alumni outcomes, return on investment, thought leadership, and class and faculty diversity.
For the Global MBA Ranking 2021, employability has a 40% weighting in a school’s overall score; entrepreneurship and alumni outcomes 15%; return on investment 20%; thought leadership 15%; and class and faculty diversity 10%.
For the business master’s rankings employability has a 35% weighting (30% for the master’s in finance an business analytics ranking); alumni outcomes 15% (20% for the master’s in finance and business analytics ranking); value for money 20%; thought leadership 20%; and class and faculty diversity 10%.
The QS ranking is based on a survey of nearly 37,000 global employers and more than 34,000 global academics. QS also mapped the education paths of 27,831 successful alumni back to specific institutions.
QS Global MBA Ranking
The QS Global MBA Ranking 2021 ranks 258 programs this year from 40 study destinations. Stanford Graduate School of Business comes out on top, sitting in first place behind fellow US powerhouses Wharton, MIT Sloan School of Management, and Harvard Business School, in second, third, and fourth place respectively.
Stanford on top has an overall score of 94.5, scoring a near perfect 100 (99.8) on entrepreneurship and alumni outcomes. The school also scores 98.3 on employability.
The Global MBA ranking is far from a US-only affair, with the top 10 also featuring HEC Paris in fifth, INSEAD in sixth, London Business School in seventh, and IE Business School in ninth.
QS Master's in Management Ranking
As well as sitting in fifth place in the Global MBA Ranking, HEC Paris sits atop the pile in QS’s ranking of the best master's in management programs in 2021, for its MSc in Strategic Management degree.
HEC Paris’ program scores a perfect 100 in value for money, thought leadership, and alumni outcomes. It also scores a 98.5 for employability. Second-place London Business School also scores 100 for alumni outcomes, and pushes HEC Paris close in thought leadership, with a score of 98.6.
The top 10 is a story of European dominance in the field. London Business School is in second place, followed by ESSEC Business School (third), Esade Business School (fourth), and Copenhagen Business School (fifth).
QS Master's in Finance Ranking
The strength of European business schools’ master’s programs is further evident when you look at QS’s rank of master's in finance degrees.
The University of Oxford’s Saïd Business School is in first place, followed by London Business School in second. HEC Paris continues its strong showing across the rankings, coming in fourth place.
Saïd Business School’s strength is evident across the different metrics used by QS. The school scores 100 in thought leadership; 98.6 in value for money; 99.9 for employability; and 99.8 for alumni outcomes.
There are also a few US business schools putting pressure on their European counterparts in the top 10. MIT Sloan is in joint second place, Berkeley Haas is in sixth, and UCLA Anderson is in joint seventh place.
QS Master's in Business Analytics Ranking
Master's in Business Analytics programs have been growing in popularity in recent years as companies grapple with increasing digitalization.
This year, MIT Sloan’s Master in Business Analytics program takes the crown in the QS rankings. The school scores a measly 60.7 in diversity, but 100 for thought leadership and alumni outcomes, as well as 98.9 for employability and 95.6 for value for money.
The top 10 highlights the competition between business schools offering the program both in the US and Europe.
UCLA Anderson is in second place, and the joint program between ESSEC and CentraleSupélec is in third. The top 10 is completed by ESCP Business School (fourth), Imperial College Business School (fifth), Texas McCombs (sixth), USC Marshall (seventh), ESADE Business School (eighth), Alliance Manchester Business School (ninth), and McGill’s Desautels Faculty of Mangement (10th).
Next Read:
World’s Best Online MBA Programs | QS
Student Reviews
Copenhagen Business School (CBS)
CBS: efficient international network
CBS has always been ranked among the best universities in Europe and this means that it has become a sign of professionalism and success.
The academic level is great thanks to the good teachers and the atmosphere is proactive and challenging. Lots of events are planned every week and this helps you to find your own way.
CBS is not only a business school, it is a great and efficient international network.
Good academic career
I did my Bachelors at CBS and their academic excellence and career opportunities led me to pursue my Masters in Accounting, Strategy and Control. I was very lucky to go on an exchange in Singapore for one semester it boosted me to get a career in a global firm. I like that it is super modern and has all the facilities for the business student in 2019. Especially, I liked the library and Bitlab where I spent most of my time studying. However, note that it is very demanding and studying here is no joke. Everything is very competitive and you are among the most excellent business students in the country. The interaction with international students helped me to see different perspectives in business and culturally and I was lucky to make friends from any part of the world. CBS is like a brand in Denmark. Every serious business company prioritizes us over any other Danish university and also it is free for European citizens. Overall, I have a very satisfying experience at CBS and I'm looking to continue my academical career even further.
CBS is one of the best!
All I have to say regarding my experience at CBS is that it is AMAZING. Having been tutored by world-class academic staff, I can definitely support that I am receiving the best of quality regarding my studies in Digital Marketing. Staff is very friendly and easy to approach. In addition, the facilities we enjoy are top class and meet any demands. Keep in mind that, EU citizens do not pay any fees. Student life might be non-existent here, but the location of the University in The very center of Copenhagen has a huge variety of choices to offer to students regarding their entertainment. Accommodation might be a problem, but early research of the market can be very useful. In addition, the University promotes diversity. In CBS University you can meet people from the whole world which is quite interesting. I definitely suggest CBS for any student who he's interested in pursuing a career in marketing or business.
The ideal business school
I have been enrolled in this university for 2 semesters. What I took from this experience is that there is nothing better out there for those looking for professional growth while being guided by some of the top-notch professors in Scandinavia. They have a really strong focus in technology and digital transformation and they are up to date to guarantee you land a job in the modern fast-evolving world. They also embrace diversity which means many students come from any part of the world and it takes the entire learning experience to another level. You simply learn from every other student cause everyone has different experiences and background which makes you open your mind and see the world from a different angle. In Denmark, even businesses prioritize people who graduate from CBS as it's commonly perceived as the most prestigious university for business graduates.
A Place of Personal Growth
In CBS you can expect an environment of proactive thinking and growth.
The university staff is always open to help and to debate. The teaching methods balance theoretical knowledge and practical skills enabling the student with capacity and confidence to enter the job market successfully. The existence of students from all over the world stimulates discussion and promotion of different cultures, ideas and perspectives. I highly recommend this university for students in business-related areas.
Environment
The environment here is really great. Despite the well organized buildings and libraries, there are also places for students to just stay and relax also even study in the corners of each campus. The professors are mostly really nice and try to interact with students a lot. So, to sum up, the environment is really nice for studying here.
Quality education
Quality education where it emphazises the importance of academic. No finger to put on this aspect of the school.
However, sometimes the administration and IT can be lacking a bit, but in general a really good choice for education!
Best Time!
Classes are challenging and conducted in a professional manner. CBS offers a wide range of possibilities to develop outside of the classes! Libraries and other facilities on the campus are very well adjusted to the student needs.
A heavily theory-based curriculum combined with an ever-stimulating environment
I am currently a Master student at CBS, but I have also completed a Bachelor's Degree in this university. I am quite satisfied with my studies and the teaching level. However, when compared to other business schools, it becomes apparent that most courses at CBS strive to find a good balance between theoretical insight and real-life examples. Compared to my exchange university, the projects that I have found myself writing at CBS have a far less practical application and also leave little room for creativity. If the teaching is heavily theoretical, on the bright side, the university arranges a number of events throughout the year to encourage students to apply their knowledge, in the form of career fairs, case competitions, and other events organized by student associations. In my experience, teachers are very easily approachable and happy to answer your questions. A foreign student like me will find a more international environment at Master level, since the number of international (or at least non-Scandinavian) students enrolled in the Bachelor programs is quite low. However, all communication (both oral and written) from teachers and the university offices is always in English. Administrative offices, student guidance services, the career center, and the international office are definitely worth a mention. All of the requests that I have had throughout the years have always been met with kindness, promptness and efficiency.
CBS: efficient international network
CBS has always been ranked among the best universities in Europe and this means that it has become a sign of professionalism and success.
The academic level is great thanks to the good teachers and the atmosphere is proactive and challenging. Lots of events are planned every week and this helps you to find your own way.
CBS is not only a business school, it is a great and efficient international network.
Good academic career
I did my Bachelors at CBS and their academic excellence and career opportunities led me to pursue my Masters in Accounting, Strategy and Control. I was very lucky to go on an exchange in Singapore for one semester it boosted me to get a career in a global firm. I like that it is super modern and has all the facilities for the business student in 2019. Especially, I liked the library and Bitlab where I spent most of my time studying. However, note that it is very demanding and studying here is no joke. Everything is very competitive and you are among the most excellent business students in the country. The interaction with international students helped me to see different perspectives in business and culturally and I was lucky to make friends from any part of the world. CBS is like a brand in Denmark. Every serious business company prioritizes us over any other Danish university and also it is free for European citizens. Overall, I have a very satisfying experience at CBS and I'm looking to continue my academical career even further.
CBS is one of the best!
All I have to say regarding my experience at CBS is that it is AMAZING. Having been tutored by world-class academic staff, I can definitely support that I am receiving the best of quality regarding my studies in Digital Marketing. Staff is very friendly and easy to approach. In addition, the facilities we enjoy are top class and meet any demands. Keep in mind that, EU citizens do not pay any fees. Student life might be non-existent here, but the location of the University in The very center of Copenhagen has a huge variety of choices to offer to students regarding their entertainment. Accommodation might be a problem, but early research of the market can be very useful. In addition, the University promotes diversity. In CBS University you can meet people from the whole world which is quite interesting. I definitely suggest CBS for any student who he's interested in pursuing a career in marketing or business.
The ideal business school
I have been enrolled in this university for 2 semesters. What I took from this experience is that there is nothing better out there for those looking for professional growth while being guided by some of the top-notch professors in Scandinavia. They have a really strong focus in technology and digital transformation and they are up to date to guarantee you land a job in the modern fast-evolving world. They also embrace diversity which means many students come from any part of the world and it takes the entire learning experience to another level. You simply learn from every other student cause everyone has different experiences and background which makes you open your mind and see the world from a different angle. In Denmark, even businesses prioritize people who graduate from CBS as it's commonly perceived as the most prestigious university for business graduates.
A Place of Personal Growth
In CBS you can expect an environment of proactive thinking and growth.
The university staff is always open to help and to debate. The teaching methods balance theoretical knowledge and practical skills enabling the student with capacity and confidence to enter the job market successfully. The existence of students from all over the world stimulates discussion and promotion of different cultures, ideas and perspectives. I highly recommend this university for students in business-related areas.
Environment
The environment here is really great. Despite the well organized buildings and libraries, there are also places for students to just stay and relax also even study in the corners of each campus. The professors are mostly really nice and try to interact with students a lot. So, to sum up, the environment is really nice for studying here.
Quality education
Quality education where it emphazises the importance of academic. No finger to put on this aspect of the school.
However, sometimes the administration and IT can be lacking a bit, but in general a really good choice for education!
Best Time!
Classes are challenging and conducted in a professional manner. CBS offers a wide range of possibilities to develop outside of the classes! Libraries and other facilities on the campus are very well adjusted to the student needs.
A heavily theory-based curriculum combined with an ever-stimulating environment
I am currently a Master student at CBS, but I have also completed a Bachelor's Degree in this university. I am quite satisfied with my studies and the teaching level. However, when compared to other business schools, it becomes apparent that most courses at CBS strive to find a good balance between theoretical insight and real-life examples. Compared to my exchange university, the projects that I have found myself writing at CBS have a far less practical application and also leave little room for creativity. If the teaching is heavily theoretical, on the bright side, the university arranges a number of events throughout the year to encourage students to apply their knowledge, in the form of career fairs, case competitions, and other events organized by student associations. In my experience, teachers are very easily approachable and happy to answer your questions. A foreign student like me will find a more international environment at Master level, since the number of international (or at least non-Scandinavian) students enrolled in the Bachelor programs is quite low. However, all communication (both oral and written) from teachers and the university offices is always in English. Administrative offices, student guidance services, the career center, and the international office are definitely worth a mention. All of the requests that I have had throughout the years have always been met with kindness, promptness and efficiency.
