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Best business schools for employment and entrepreneurship, according to QS

You could start your career in business or as an entrepreneur with these courses. Source: Shutterstock.
You could start your career in business or as an entrepreneur with these courses. Source: Shutterstock.com

Quacquarelli Symonds (QS) – compilers of the World University Rankings – have released the latest version of their annual portfolio of four rankings in Business Masters programs. Aspiring businesspeople may want to consider these schools if they are keen to become an entrepreneur or land their dream job.

As the growing demand for specialized Master’s programs increases from both students and employers, QS try to keep up. This year, that involved conducting a first-of-its-kind global evaluation of the best Master’s in Business Analytics and a new Global MBA Ranking. The latter explores the relationship between choice of business school and entrepreneurship. In addition, the portfolio provides insight into two specialized Master’s rankings (Master’s in Management and Master’s in Finance).

Are you dreaming of your ideal job already? The rankings might just provide you with an idea of the path to getting there.

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1. Master’s in Business Analytics

This is the first global ranking of Master’s in Business Analytics. The program is specialist: only 45 programs from 10 nations are ranked. With a scarcity of schools from which to choose, you want to ensure you pick one which promises great graduate prospects.

Coming out on top was MIT Sloan Business School. Interestingly, business schools that often don’t quite make it into top 10 global MBA ranking succeed with this program. Texas McCombs earned itself a respectable second place. Minnesota Carlson and Purdue Krannert also make their mark on the top 10 list.

For those who wish to study their Master’s in Business Analytics outside the United States there are 28 schools available out of the 45 programs. If you wish to avoid Europe as well, your options are narrowed down to just one program: Melbourne’s Master of Business Analytics program, which is ranked fifth.

2. Master’s in Management (MiM)

HEC Paris tops the charts with their Master in Management program. MiM programs are more established than Business Analytics programs, and so this ranking featured 122 courses from schools in 29 nations.

The ranking results are naturally much more diverse too. No US MiM program features in the top 10, yet there are programs from five different nations. The top three spaces are all taken by European institutions. Following France’s HEC Paris, London Business School‘s MiM program swoops in at number two, with Spain’s ESADE at number three.

3. Master’s in Finance

London Business School is ahead of the pack again with their Masters in Finance at number one. There are 130 competitor programs featured in this more established ranking. MIT Sloan and HEC Paris feature again, taking spots two and three, respectively.

French institutions appear to have done especially well in the Master’s in Finance program rankings, taking up four of the top 10 schools.

4. Global MBA 2018

Harvard Business School takes the prestigious title of the world’s best provider of MBAs out of the 232 programs ranked.

The French programs are also ranked very highly. INSEAD is ranked second, with HEC Paris ranked third. Across the Channel in the UK, two programs make it into the top 10: London Business School is ranked fifth and Oxford’s Saïd Business School is ninth.

QS uses unique methodology. They looked at five metrics when deciding their rankings: most importantly, employability, entrepreneurship and alumni outcomes. QS also considered return on investment, thought-leadership and diversity. More than 40,000 responses to the world’s largest employer survey were collected and analyzed. 

The entrepreneurship and alumni outcomes indicator cannot be found iany other comparable table. This was derived from careful analysis of the educational profiles of 49,000 highly successful individuals across different sectors, nations and industries.

“Nearly three decades of close interaction with the business education sector have left us strongly-placed to provide the insights of most value to aspiring MBA and Masters students,” said QS CEO Nunzio Quacquarelli.

“We’re confident this is a needed and innovative perspective on business school performance, and that our student audience will find the data complementary to that provided by other sources.”

The full rankings can be found at QS’s Top Universities site.

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