HEC Paris tops 2020 masters in finance ranking

When the FT’s masters in finance rating began, in 2011, Donald Trump was nonetheless presenting The Apprentice

When the FT’s masters in finance rating began, in 2011, Donald Trump was nonetheless presenting The Apprentice and coronaviruses were a market desire among microbiologists. Substantially has modified considering that then — but the variety-a single spot in the rating has not. This yr, as in 2011, HEC Paris tops the desk.

Much more specifically, the French company school ranks initial among suppliers of pre-encounter masters in finance (MiF) classes — that is, for pupils with very little or no related professional encounter. The tables set out facts on the best programmes globally in this location, as nicely as on the major 3 classes for people today who have presently labored in the finance sector. It is primarily based on surveys of schools and of alumni who accomplished their masters in 2017.

HEC Paris has arrive major every single yr aside from 2017, when Edhec edged it aside, and 2019, when the rating did not operate. Its results is defined by the money uplift that its alumni appreciate: the best weighted average salary, at $149,750 this yr, and the best salary percentage maximize 3 years just after graduation. The school is also the best for job development.

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

Discover out which schools are in our rating of article-encounter and pre-encounter postgraduate finance levels. Discover out how the tables were compiled.

HEC’s salary overall performance is not usual of European schools. Evaluation of the pre-encounter programmes shows that alumni of Asian schools have higher salaries and raises 3 years just after graduation, when adjusted for buying electricity parity concerning nations. 

Alumni from US and European schools, on the other hand, report higher results in reaching their overall aims in researching an MiF. Study respondents say their primary motives for getting an MiF are much better job chances and individual enhancement, adopted by increasing earnings and attaining specialised abilities.

 While mainland Europe is a well-known location to study, with alumni from its schools symbolizing a lot more than fifty for each cent of the cohort surveyed, Uk company schools have the best proportion of abroad graduates: 9 in 10. Whether these kinds of an international ingestion persists just after the coronavirus pandemic is a make any difference for foreseeable future editions of the rating.

Chart on MiF courses

The proportion of woman pupils enrolled at ranked schools has grown above time but a gender pay back hole remains. Male alumni from pre-encounter programmes get paid an average of $103,403, some thirty for each cent a lot more than their woman contemporaries, whose average salary is $seventy nine,094. The hole rises to 34 for each cent for article-encounter classes. The average salary uplift is higher much too: sixty for each cent for males on pre-encounter classes, in comparison with forty eight for each cent for women.

Chart on MiF courses

ESCP Business School is ranked next and Skema rises a single location to 3rd. With Essec fourth and Edhec fifth, French schools have taken the major 5 places in two successive MiF rankings. Likely motives for this involve a prolonged background of functioning MiF programmes, very good connections with the finance sector and comparatively reduced costs.

Alumni rank ESCP initial for its occupations services and aims realized. For the next yr in a row, the school is also major for global course encounter, a group that displays students’ publicity to internships, courses and exchanges in other nations.

Chinese University of Hong Kong Business School registered the best development in the rating, climbing 19 places to thirtieth. Amongst Chinese schools, CUHK was judged best in the job development group, and scores hugely for the proportion of woman 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 cell: CUHK, now ranked thirtieth, has created the most development of any company school considering that the final MiF survey © Alamy

WHU — Otto Beisheim School of Administration, in Germany, is this year’s best new entrant, in 22nd location. Alumni praise its trade programme, job gatherings and networking chances.

MIT: Sloan dropped a single location to eighth and is the major school in the US. Its alumni get paid $142,876 on average, the best weighted salary among US institutions in the rating. Surveyed graduates praised MIT: Sloan for furnishing a thorough immersion in the issue.

Only a several schools took component in the ranking of article-encounter finance classes. London Business School (LBS) remains major, forward of the University of Cambridge: Judge and Singapore Administration University: Lee Kong Chian.

Dean of the London Business School, Andrew Likierman (glasses) and Donor, South African Billionaire Nathan “Natie” Kirsh.
Experience needed: London Business school tops the rating for article-encounter finance programmes © Financial Instances

LBS alumni have the best percentage salary maximize and the school is ranked variety a single for job development and global pupils.

Cambridge: Judge scores best for value for revenue, occupations services and global mobility. Its alumni have the best salary, at $136,080.

Lee Kong Chian has the best percentage of woman pupils and is initial for global course encounter.

This yr we questioned graduates to charge their overall fulfillment with the MiF course — the initial time we have set this problem, which does not feed into the rating calculation. All the schools scored previously mentioned eight out of 10 on average.

The MiF rating was suspended in 2019, owing to technological updates. This year’s calculations involve information from 2018 exactly where applicable.