HEC Paris tops 2020 masters in finance ranking

When the FT’s masters in finance rating started, in 2011, Donald Trump was nevertheless presenting The Apprentice and coronaviruses had been a specialized niche fascination among microbiologists. Much has altered since then — but the selection-one particular location in the rating has not. This year, as in 2011, HEC Paris tops the desk.

More precisely, the French organization faculty ranks very first among suppliers of pre-working experience masters in finance (MiF) courses — that is, for pupils with minor or no suitable qualified working experience. The tables set out facts on the very best programmes all over the world in this location, as nicely as on the prime 3 courses for individuals who have by now labored in the finance sector. It is based mostly on surveys of schools and of alumni who done their masters in 2017.

HEC Paris has appear prime every single year aside from 2017, when Edhec edged it apart, and 2019, when the rating did not operate. Its accomplishment is stated by the monetary uplift that its alumni get pleasure from: the greatest weighted common income, at $149,750 this year, and the greatest income percentage boost 3 a long time following graduation. The faculty is also the very best for profession development.

ESCP Business School campus in Berlin.
France’s ESCP Business University characteristics in the FT Masters in Finance 2020 rankings. © DAN TSANTILIS 2017

Discover out which schools are in our rating of submit-working experience and pre-working experience postgraduate finance levels. Discover out how the tables had been compiled.

HEC’s income overall performance is not normal of European schools. Evaluation of the pre-working experience programmes demonstrates that alumni of Asian schools have bigger salaries and raises 3 a long time following graduation, when altered for getting electricity parity between nations. 

Alumni from US and European schools, having said that, report higher accomplishment in accomplishing their total aims in researching an MiF. Survey respondents say their principal explanations for getting an MiF are far better profession options and personalized advancement, followed by bettering earnings and acquiring specialised abilities.

 While mainland Europe is a popular area to examine, with alumni from its schools representing additional than fifty per cent of the cohort surveyed, United kingdom organization schools have the greatest proportion of overseas graduates: 9 in 10. No matter if these types of an international intake persists following the coronavirus pandemic is a make any difference for potential editions of the rating.

Chart on MiF courses

The proportion of female pupils enrolled at rated schools has developed about time but a gender pay gap stays. Male alumni from pre-working experience programmes get paid an common of $103,403, some 30 per cent additional than their female contemporaries, whose common income is $seventy nine,094. The gap rises to 34 per cent for submit-working experience courses. The common income uplift is higher way too: 60 per cent for males on pre-working experience courses, in contrast with 48 per cent for ladies.

Chart on MiF courses

ESCP Business University is rated second and Skema rises one particular area to 3rd. With Essec fourth and Edhec fifth, French schools have taken the prime five destinations in two successive MiF rankings. Likely explanations for this involve a extended background of operating MiF programmes, superior connections with the finance sector and relatively minimal charges.

Alumni rank ESCP very first for its careers support and aims achieved. For the second year in a row, the faculty is also prime for worldwide class working experience, a group that displays students’ publicity to internships, classes and exchanges in other nations.

Chinese College of Hong Kong Business University registered the very best progression in the rating, climbing 19 destinations to thirtieth. Among Chinese schools, CUHK was judged very best in the profession development group, and scores remarkably for the proportion of female pupils represented.

W5F05H Interior view of the library of the Chinese University of Hong Kong, Shenzhen, abbreviated as CUHK-Shenzhen, in Shenzhen city, south China's Guangdong
Upwardly mobile: CUHK, now rated thirtieth, has produced the most development of any organization faculty since the very last MiF study © Alamy

WHU — Otto Beisheim University of Management, in Germany, is this year’s greatest new entrant, in 22nd area. Alumni praise its trade programme, profession occasions and networking options.

MIT: Sloan dropped one particular area to eighth and is the prime faculty in the US. Its alumni get paid $142,876 on common, the greatest weighted income among US institutions in the rating. Surveyed graduates praised MIT: Sloan for furnishing a comprehensive immersion in the matter.

Only a few schools took section in the ranking of submit-working experience finance courses. London Business University (LBS) stays prime, ahead of the College of Cambridge: Decide and Singapore Management College: Lee Kong Chian.

Dean of the London Business School, Andrew Likierman (glasses) and Donor, South African Billionaire Nathan “Natie” Kirsh.
Working experience needed: London Business faculty tops the rating for submit-working experience finance programmes © Economical Moments

LBS alumni have the greatest percentage income boost and the faculty is rated selection one particular for profession development and worldwide pupils.

Cambridge: Decide scores greatest for price for income, careers support and worldwide mobility. Its alumni have the greatest income, at $136,080.

Lee Kong Chian has the greatest percentage of female pupils and is very first for worldwide class working experience.

This year we asked graduates to level their total satisfaction with the MiF class — the very first time we have place this question, which does not feed into the rating calculation. All the schools scored over eight out of 10 on common.

The MiF rating was suspended in 2019, owing to technological upgrades. This year’s calculations involve info from 2018 where relevant.

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