Despite the somewhat struggling economy, many people have chosen to go back to school as a means to further their careers and paychecks. For those who chose to follow an MBA program at one of the world’s top business schools, the decisions seems to be a good one, at least according to the latest report issued by Financial Times, which ranks business schools across the globe according to several factors, such as reputation, research facilities, academic progress, and salaries. All schools presented on their reported showed a massive increase in salary for those who opted for an MBA program, with increases sometimes surpassing 100%.
Based on the statistics released by Financial Times, we would like to present you with a countdown we have compiled of the top 20 business schools for getting rich, ranked according to the average salary of an alumnus 3 years after graduation. We’ve also included other indicators, such as overall rank, which represents the rank each school obtained when evaluated from all points of view and not only salary, as well as the salary increase, which is a percentage representing the difference in salary before and after the MBA program.
Curious to see which schools in the world produce the highest paid alumni? Let’s take a look at the countdown.
No. 20: UCLA Anderson, US
Overall rank: 26
Salary: $140,712
Salary increase: 97%
No. 19: Duke University – Fuqua, US
Overall rank: 17
Salary: $141,772
Salary increase: 100%
No. 18: University of Virginia- Darden, US
Overall rank: 27
Salary: $142,131
Salary increase: 104%
No. 17: IMD, Switzerland
Overall rank: 12
Salary: $142,446
Salary increase: 72%
No. 16: IESE Business School, Spain
Overall rank: 7
Salary: $143,168
Salary increase: 125%
No. 15: University of Cambridge – Judge, UK
Overall rank: 16
Salary: $144,350
Salary increase: 92%
No. 14: IE Business School, Spain
Overall rank: 13
Salary: $146,933
Salary increase: 112%
No. 13: INSEAD, France/Singapore
Overall rank: 5
Salary: $148,183
Salary increase: 87%
No. 12: University of California at Berkeley – Haas, US
Overall rank: 11
Salary: $149,487
Salary increase: 91%
No. 11: Dartmouth College – Tuck, US
Overall rank: 20
Salary: $150,754
Salary increase: 101%
No. 10: Yale School of Management, US
Overall rank: 10
Salary: $150,880
Salary increase: 114%
No. 9: University of Chicago – Booth, US
Overall rank: 9
Salary: $156,004
Salary increase: 114%
No. 8: London Business School, UK
Overall rank: 3
Salary: $156,553
Salary increase: 107%
No. 7: MIT – Sloan, US
Overall rank: 8
Salary: $157,262
Salary increase: 101%
No. 6: Indian Institute of Management – Ahmedabad, India
Overall rank: 30
Salary: $157,459
Salary increase: 86%
No. 5: Northwestern University – Kellogg, US
Overall rank: 15
Salary: $157,719
Salary increase: 94%
No. 4: Columbia Business School, US
Overall rank: 5
Salary: $164,181
Salary increase: 116%
No. 3: Wharton University, US
Overall rank: 4
Salary: $170,472
Salary increase: 99%
No. 2: Harvard Business School, US
Overall rank: 1
Salary: $178,300
Salary increase: 113%
No. 1: Stanford Graduate School of Business, US
Overall rank: 2
Salary: $184,566
Salary increase: 100%