What are the best business schools in Europe? Find out in the Bloomberg Best European Business Schools ranking of top MBA programs
Bloomberg Businessweek has named IMD Business School the best business school in Europe in its latest ranking of European MBA programs.The Swiss school was also the winner of the last Bloomberg ranking released in 2019. The 2020 edition was cancelled due to the pandemic.
The top five ranked European business schools in Bloomberg's European MBA ranking come from five different countries, with Spain’s IESE Business School in second place, Italy’s SDA Bocconi in third place, France’s INSEAD in fourth place, and the UK’s London Business School in fifth.
Best Business Schools in Europe
IE Business School, Cambridge, Oxford, HEC Paris, and the University of Manchester make up the top 10 best business schools in Europe, according to Bloomberg.
With four schools in the top 10 and six schools overall, the UK dominates the ranking. The University of Manchester’s Alliance Manchester Business School climbed to 10th from 18th in 2019.
Spain also has six schools in the ranking, with newcomer EADA Business School, based in Barcelona, reaching 14th place. Another newcomer is EDHEC Business School, based in Nice, France, ranked 15th.
Elsewhere, HEC Paris dropped from fourth place in 2019 to ninth this year, St. Gallen from eighth place to 13th, and Mannheim from 10th place to 16th.
Meanwhile, IESE rose to second place from sixth, IE from ninth place to sixth, and SDA Bocconi from fifth place to the top three.
Bloomberg Ranking methodology
Bloomberg ranks schools based on four indexes: Compensation, Learning, Networking, and Entrepreneurship. For Bloomberg's US MBA ranking, a fifth index of diversity was added this year.
Rather than determine the weightings of those metrics themselves, Bloomberg surveys students, alumni, and recruiters to figure out which aspect of business education is most important to those stakeholders.
For the 2021-2022 rankings in Europe, Asia, and Canada, the compensation index—which is based on alumni’s earnings and signing bonuses—was weighted highest at 36.5%, followed by learning (25.3%), networking (23.8%), and entrepreneurship (14.4%).
Students, alumni, and recruiters are then asked survey questions on the business school experience, each linked to a specific index. Based on the survey scores and employment and salary data collected from schools, Bloomberg calculates the overall ranking.
Bloomberg vs Financial Times
Bloomberg’s top five is very similar to the Financial Times’ European Business School Rankings 2020, with four names in common.
However, HEC Paris tops the FT ranking, while Bloomberg’s top-ranked school, IMD, is ranked 10th in the FT's list.
The methodology of the FT ranking differs from Bloomberg’s, with more attention given to the quality of teaching and the faculty’s diversity in terms of gender and country of origin. The FT also looks at salary increase as a metric, rather than just post-graduation salary or average alumni salary.
That’s why it’s important to compare different MBA rankings and track a school’s rankings positions over time to get a true picture of a school's performance.
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Read more MBA rankings news
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.
Monthly checkups, good acedmic tutoring
Copenhagen business school impresses me every single time I think about the school as a whole. What’s particularly impressive is how they always check in to ensure everyone is on the same page. Whether it's through small group discussions or one-on-one feedback sessions, the professors really take the time to make sure no one is left behind. They’re always available for follow-up questions and give tailored feedback that helps students understand where they can improve and how to apply what they’ve learned to real-world situations. It's clear that at CBS, the focus is on learning, not just getting paid. The professors are not just there to deliver lectures but are deeply invested in making sure every student is progressing.
The professors.. 👌🏾
The professors at Copenhagen Business School are genuinely excellent and play an essential role in developing students with extensive real-world experience. What stuck out to me was how supportive they are outside of lectures and class time. They are always willing to answer inquiries, whether concerning the course material or career advice, and many of them work beyond of usual hours to assist students.The instructors' accessibility fosters an environment in which you feel encouraged, not only intellectually, but also in terms of personal growth and future career goals. It's apparent that they care significantly about helping students achieve.
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