07/12/2016 Barcelona | Madrid
IESE's MBA program is the fifth best in the world outside the U.S., according to a ranking by American magazine Bloomberg Businessweek.
IESE has risen two places in comparison to 2015, mainly due to scoring more highly among companies that recruit MBA holders. Employers' opinions account for 35% of an institution's overall score in the ranking, with a further 30% corresponding to the results of a survey of its former students. Graduates’ starting salaries are also taken into consideration.
There are three British schools in Businessweek's top five, with London Business School holding the number one spot and Oxford and Cambridge in third and fourth place respectively. While the UK is renowned for having one of the world's finest MBA markets, its business schools are facing a period of great uncertainty in the fallout from Brexit, as the magazine points out.
On Monday, the Financial Times published its European Business School Ranking for 2016, which rates IESE as the continent's eighth best business school. An institution's place in this metaranking depends on its performance in the newspaper's annual MBA, Executive Education, Executive MBA and Masters in Management rankings, each of which accounts for 25% of its overall score. The fact that IESE does not offer a master's degree in management has been detrimental to its position in this "ranking of rankings".
Businessweek, meanwhile, also produces a specific ranking of business schools in the U.S., which it published last month. This year's results, which place particular emphasis on how well institutions channel their graduates into good jobs, are based on data collected from 1,000 recruiters, 15,000 alumni and 9,000 recent graduates.
See Businessweek's international ranking