The Broad College’s reputation for success has been bolstered by Financial Times’ 2021 Global MBA ranking, released Monday. This year’s numbers place the Full-Time MBA program among the top 10 U.S. public universities, coming in at No. 9.
With this ranking, the Broad Full-Time MBA is again a top 20 program among U.S. public schools in all five major rankings in a single cycle: Financial Times, Forbes (No. 9), The Economist (No. 14), U.S. News & World Report (No. 17) and Bloomberg Businessweek (No. 17).
“Recognition as a top program across all five major MBA program rankings is especially notable as each ranking focuses on different dimensions of the program and the perspectives of different stakeholders,” Eli and Edythe L. Broad Dean Sanjay Gupta said. “This recognition speaks to the overall high caliber of the Broad MBA, the breadth and depth of our curricular offerings and the strong career outcomes of our graduates.”
Additionally, the program jumped 12 spots to reach No. 22 among U.S. schools overall and soared 22 spots to No. 43 globally.
“At Broad, we’re committed to offering and delivering a program that is singularly focused on accelerating student careers,” Richard Saouma, associate dean for MBA, EMBA and professional master’s programs, said. “The rankings we see each year are as much a validation of our mission as they are a testament to our students’ dedication and hard work, which is reflected in the outcomes they achieve when they graduate as Spartans.”
The Broad College was also ranked No. 5 in the United States in value for money, comparing the costs of attending the MBA program with the salary earned by MBA alumni.
Spartan graduates’ weighted salary has continued to climb over time and reached a new high this year, hitting $130,720 — a 172% increase from their pre-MBA salaries. Alumni also accomplish the goals they had in mind when they enrolled in the Broad Full-Time MBA program. In surveys for this year’s Financial Times ranking, 87% of alumni said they achieved their aims in getting their MBA.
“Through the mentorship of our top-notch faculty, numerous leadership opportunities and our commitment to experiential learning, Broad MBAs receive multiple chances to hone their skills to make an immediate impact in their post-MBA roles,” Full-Time MBA program director Wayne Hutchison said.
Broad also saw a sizeable boost in its career progress rank, up 31 spots to No. 63. Career progress is a measure of how many MBA alumni are higher in seniority and working at larger companies than they were before earning their degree.
Financial Times surveys graduates three years after they complete their degrees to assess the impact of the MBA on their subsequent career progression and salary growth, as well as seeking their impressions of the program and its career services offerings. Other factors in the ranking include diversity, the international reach of the program and the number of research articles published by the college’s full-time faculty members.
For more information about this ranking, visit ft.com.