Highest salary rise for London Business Schools MBA
30 Jan 2012
The quality and student experience of London Business School’s full-time MBA programme has again been recognised, in the Financial Times’ annual global ranking.
The School’s programme ranked fourth in the Global MBA Rankings 2012, in the top five with Stanford (1), Harvard (2), Wharton (3) and Columbia (5). The rankings are calculated from data going back three years.
The class of 2008 enjoyed the highest percentage salary rise of any of the major schools at 134%, which compares the difference between salaries before and after the MBA. In a particularly challenging economic period, the earning power of the MBA proved its value, with the class commanding a $7,205 weighted salary increase over their predecessors.
The ranking is based on a number of criteria, comprising 20 metrics with a primary focus on career success. This includes the current salary of the business schools’ MBA class of 2008, three years after they graduated; value for money and recommendations from alumni.
London Business School’s MBA scored particularly highly in aims achieved, ranking second overall, and in alumni recommendations fourth overall. The School’s global outlook was reflected by its third placing for international mobility, acknowledging the large proportion of students who have worked outside the UK before, during or after their MBA.
International experience, comprising internships, student treks and exchanges also ranked highly (eighth overall), with post-MBA career progress ranking tenth.
Since the Class of 2008, the School has implemented a significant amount of change, through an MBA review, to further enhance the London connection and the student experience of the programme.
Stephen Chadwick, Director of London Business School’s full-time MBA programme, commented: “Through daring innovations we will remain at the cutting edge of what world-leading business schools are offering and we are confident we will remain as one of the world’s most desired MBA programmes for years to come.
“The number of students on our programme continues to be strong and we would never compromise on the quality of students we admit to our MBA.”
London Business School has seen further proof of its MBA’s enduring success, with 93 percent of its most recent MBA class gaining employment within three months of graduating, in spite of challenging times in the job market.