The Financial Times has just released its 2010 business school rankings, with London Business School remaining in the #1 spot. This comes after LBS and Wharton actually shared the #1 position in last year’s rankings.
Accompanying the rankings, FT release an article called How to Choose a Programme, in which our own Director of MBA Admissions Research, Scott Shrum, is quoted. As is always the case, we strongly advise applicants to focus on many other things besides just the rankings when selecting a business school”
“Begin with the end in mind,” advises Scott Shrum, director of MBA admissions research at Veritas Prep in California. “Where have other students landed jobs? Call the careers office to find out which companies recruit at the school. If you’re an international student, find out how many of the recruiters are generally willing to sponsor work visas.”
As you whittle down your list of prospective schools, be sure to leave time for campus visits. Take a tour, sit in on a class, eat lunch in the dining hall, meet the professors and talk to students and alumni. “The best way to figure out whether a school is a good fit is to visit it,” says Shrum. “Most people know within the first hour whether they love a school or whether it’s just not clicking for them. The culture of the school is going to dictate how happy you are.”
The FT’s top ten programs in 2010 are:
- London Business School
- Harvard Business School
- Stanford GSB
- Columbia Business School
- IE Business School
- MIT Sloan
- Chicago Booth
- Hong Kong UST
Big gainers vs. last year include Booth (which cracked the top ten), HKUST, Indian School of Business, and HEC Paris. Meanwhile, CEIBS, NYU Stern (which dropped out of the top ten), and Cambridge saw the biggest declines among the top MBA programs.
For a deeper comparison of how the programs performed in this year’s rankings vs. the previous year’s, FT.com offers this handy downloadable document.
To get a feel for your chances of admission to a top MBA program, try Veritas Prep’s Business School Selector, an absolutely free resource for all MBA applicants. If you’re ready to start planning your candidacy, give us a call at (800) 925-7737 and speak with an MBA admissions expert. And, as always, be sure to follow us on Twitter!