To demonstrate some of the benefits of rankings, we review one of the most interesting aspects for prospective students – the return on MBA degrees.
Rankings & Accreditations
Rankings and accreditations are among the most useful tools available to prospective students who are looking for the programme that corresponds to their ambitions and potential. And while neither rankings nor accreditations alone should be the decisive factor in the choice of a business school, they both serve as a stamp of quality worth considering.
Main Global Rankings
A comprehensive list of MBA rankings is available here
Rankings compiled by Financial Times can be found here:
Explore rankings from The Economist's Economic Intelligence Unit:
Bloomberg Business Week
See Bloomberg's Business Week rankings here:
See FIND MBA’s Popularity rankings here.
Main Accreditation Agencies
The Association to Advance Collegiate Schools of Business (AACSB)
Most of the top-ranked schools in the world such as INSEAD (France), Harvard Business School (US), and Yale School of Management (US) are accredited by AACSB, the world’s largest accreditor of business education. There are 820 business institutions in 53 countries and territories that have earned AACSB accreditation. Similarly, 187 institutions hold an additional, specialised AACSB accreditation for their accounting programmes.
The Association of MBAs (AMBA)
AMBA is focused predominantly on MBA programmes. It differs from AACSB and EQUIS in that it does not accredit undergraduate programmes. It maintains a global network of MBA students and graduates, accredited business schools, and MBA employers. AMBA accredits over 240 business schools in more than 70 different countries.
The EFMD Quality Improvement System (EQUIS)
EQUIS is run by the European Foundation for Management Development and is known for its focus on internationalisation, international diversity, and a close interaction with the corporate world. EQUIS is not primarily focused on the MBA or any other specific programme. The organisation has now accredited 176 schools across 42 countries.
MBA rankings should be viewed with a tinge of scepticism. Accreditations are considered more reliable when it comes to proof of academic standards.
Check out Access MBA’s FAQs on business school rankings. They are especially useful for MBA candidates who try to determine which schools to apply to.
Check out this overview of the major European MBA rankings which may also help you decide how to approach different publications.
How to evaluate business school rankings and read the opinions of education experts?
MBA rankings provide an useful overview of the world of business education, but they should not be taken at face value.
Learn why business school accreditation matters and understand how the rigorous process works.
Find out why business school rankings can be misleading and why there is a better approach to assessing the quality of MBA programmes.
Which are the most prestigious business school rankings? Learn how to view them and why is it necessary to cast a critical eye on them.
Founded in 1916, AACSB is the premier accrediting agency for Bachelor's, Master's, and doctoral degree programmes in business and accounting.