HEC Paris tops 2020 masters in finance ranking

When the FT’s masters in finance ranking started, in 2011, Donald Trump was continue to presenting The Apprentice and coronaviruses ended up a niche desire amongst microbiologists. Substantially has modified given that then — but the quantity-a person spot in the ranking has not. This yr, as in 2011, HEC Paris tops the table.

Additional precisely, the French company faculty ranks initial amongst providers of pre-encounter masters in finance (MiF) classes — that is, for pupils with minor or no relevant experienced encounter. The tables established out information on the finest programmes worldwide in this place, as very well as on the top three classes for men and women who have currently worked in the finance sector. It is dependent on surveys of universities and of alumni who completed their masters in 2017.

HEC Paris has occur top each individual yr apart from 2017, when Edhec edged it aside, and 2019, when the ranking did not operate. Its accomplishment is described by the economical uplift that its alumni delight in: the highest weighted typical income, at $149,750 this yr, and the highest income percentage maximize three many years just after graduation. The faculty is also the finest for occupation development.

ESCP Business School campus in Berlin.
France’s ESCP Small business Faculty options in the FT Masters in Finance 2020 rankings. © DAN TSANTILIS 2017

Locate out which universities are in our ranking of publish-encounter and pre-encounter postgraduate finance levels. Locate out how the tables ended up compiled.

HEC’s income functionality is not typical of European universities. Examination of the pre-encounter programmes reveals that alumni of Asian universities have increased salaries and raises three many years just after graduation, when adjusted for paying for electric power parity concerning nations. 

Alumni from US and European universities, even so, report increased accomplishment in obtaining their overall aims in learning an MiF. Study respondents say their main reasons for having an MiF are far better occupation possibilities and particular growth, followed by strengthening earnings and attaining specialised competencies.

 While mainland Europe is a well known area to study, with alumni from its universities symbolizing a lot more than fifty per cent of the cohort surveyed, Uk company universities have the highest proportion of abroad graduates: nine in 10. No matter if these kinds of an international intake persists just after the coronavirus pandemic is a subject for upcoming editions of the ranking.

Chart on MiF courses

The proportion of female pupils enrolled at ranked universities has grown more than time but a gender shell out hole continues to be. Male alumni from pre-encounter programmes get paid an typical of $103,403, some thirty per cent a lot more than their female contemporaries, whose typical income is $seventy nine,094. The hole rises to 34 per cent for publish-encounter classes. The typical income uplift is increased as well: 60 per cent for adult men on pre-encounter classes, compared with 48 per cent for females.

Chart on MiF courses

ESCP Small business Faculty is ranked 2nd and Skema rises a person area to 3rd. With Essec fourth and Edhec fifth, French universities have taken the top 5 destinations in two successive MiF rankings. Likely reasons for this consist of a very long historical past of managing MiF programmes, superior connections with the finance sector and comparatively low fees.

Alumni rank ESCP initial for its careers support and aims obtained. For the 2nd yr in a row, the faculty is also top for global study course encounter, a category that displays students’ publicity to internships, lessons and exchanges in other nations.

Chinese College of Hong Kong Small business Faculty registered the finest progression in the ranking, climbing 19 destinations to thirtieth. Among the Chinese universities, CUHK was judged finest in the occupation development category, and scores highly 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 cellular: CUHK, now ranked thirtieth, has manufactured the most development of any company faculty given that the previous MiF study © Alamy

WHU — Otto Beisheim Faculty of Management, in Germany, is this year’s highest new entrant, in twenty second area. Alumni praise its exchange programme, occupation gatherings and networking possibilities.

MIT: Sloan dropped a person area to eighth and is the top faculty in the US. Its alumni get paid $142,876 on typical, the highest weighted income amongst US establishments in the ranking. Surveyed graduates praised MIT: Sloan for delivering a comprehensive immersion in the issue.

Only a several universities took section in the ranking of publish-encounter finance classes. London Small business Faculty (LBS) continues to be top, 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.
Experience required: London Small business faculty tops the ranking for publish-encounter finance programmes © Financial Instances

LBS alumni have the highest percentage income maximize and the faculty is ranked quantity a person for occupation development and global pupils.

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

Lee Kong Chian has the highest percentage of female pupils and is initial for global study course encounter.

This yr we questioned graduates to level their overall pleasure with the MiF study course — the initial time we have place this question, which does not feed into the ranking calculation. All the universities scored earlier mentioned eight out of 10 on typical.

The MiF ranking was suspended in 2019, owing to technical updates. This year’s calculations consist of facts from 2018 where by relevant.