The Financial Times 2023 ranking of the best Masters in Finance has just been published! Among the 55 schools ranked, 8 are French, including 5 in the TOP 10. Find out where your school's Masters in Finance stands!
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French business schools stand out
With 5 Masters in Finance in the top 10 of the world's best programs, French business schools stand out from the crowd. In all, eight French schools feature in the top 55.
Rank France FT 2023 | Word rank FT 2023 | Name | Salaire today (US$) |
1 | 1 | ESCP Business School | 158,176 |
2 | 2 | HEC Paris | 175,703 |
3 | 3 | Essec Business School | 135,371 |
4 | 4 | Skema BS | 114,504 |
5 | 9 | Edhec BS | 129,706 |
6 | 17 | EMLyon BS | 112,566 |
7 | 19 | Grenoble EM | 92,993 |
This year, ESCP Business School is in first place worldwide for Masters in Finance, overtaking HEC Paris. ECSP thus confirms its world-renowned expertise in finance and the quality of its teaching and graduates.
EMLyon Business School joins the Financial Times ranking in 17th place. GEM, meanwhile, moves up 5 places to 19th. HEC (2nd) and ESSEC (3rd) also moved up 1 place.
Conversely, SKEMA (4th) fell 1 place, EDHEC (9th) dropped 4 places, while Rennes Business School (35th) dropped ten places and left the top 30. For the second year running, Neoma, Paris Dauphine and Science Po Paris do not feature in the rankings. However, their absence from the ranking does not necessarily underline the inferior quality of their training. It is possible that these schools did not meet the necessary conditions to appear in this ranking.
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The limits of Financial Times ranking
To be included in the FT ranking of the best masters in finance, schools have only one program - usually the best - audited, such as EDHEC's MSc in Financial Markets or Skema's Financial Markets and Investments. Therefore, SKEMA can be seen ahead of EDHEC or prestigious institutions such as Oxford University.
What's more, the rankings do not consider some of France's top master's programs in finance, such as the Master 203 in Market Finance at Paris-Dauphine University and the Master Finance & Strategy at Sciences Po. Yet these programs succeed in placing many their graduates in the most reputable financial institutions. As far as Dauphine is concerned, the school adopts a holistic approach that prevents it from being included in this ranking. This Parisian institution prefers not to highlight a single master's program among all those it offers.
In the end, it makes little sense to choose your Master in Finance solely on the basis of this ranking. Programmes Grande Ecoles (Master in Management) are also "target" courses for prestigious investment banks and M&A boutiques.
Read more:Business school rankings 2023
The international Masters in Finance 2023 ranking
The world rankings for the best Masters in Finance are dominated by France, with 5 of the 55 schools ranked in the top 10. No other country comes close.
The Franco-French top 4 is followed by three European schools and one Chinese university. Tsinghua University (China) climbs to 5th place, overtaking London Business School (6th) and IE Business School (7th). The University of St Gallen (Switzerland) has moved up 6 places since last year and is now in 8th place, a fine performance.
Oxford University falls 4 places to close the top 10.
What is the methodology behind the FT 2023 ranking of the best Masters in Finance?
To compile its ranking of the world's best Masters in Finance in 2023, the Financial Times studied the following criteria:
- Average salary of students three years after graduation (16%)
- Salary increase since graduation (10%)
- International professional mobility three years after graduation (7%)
- Value for money (6%)
- Career progression (6%)
- International experience during Master's degree (6%)
- Student satisfaction with career goals (5%)
- Effectiveness of school career service (5%)
- Employability rate after three months (5%)
- Percentage of female faculty (5%)
- Percentage of female students (5%)
- International employability (5%)
- Rate of international students (5%)
- Percentage of professors with doctorates (5%)
- Carbon footprint (4%)
- Alumni network (3%)
- Percentage of women on the Board of Directors (1%)
- International students on Board of Directors (1%)
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