HEC Paris tops 2020 masters in finance ranking

When the FT’s masters in finance ranking commenced, in 2011, Donald Trump was still presenting The Apprentice and coronaviruses were a specialized niche curiosity among the microbiologists. A lot has adjusted since then — but the selection-one particular location in the ranking has not. This year, as in 2011, HEC Paris tops the desk.

Extra exactly, the French enterprise university ranks to start with among the suppliers of pre-experience masters in finance (MiF) courses — that is, for college students with tiny or no suitable expert experience. The tables set out data on the best programmes around the world in this place, as very well as on the top a few courses for people today who have by now worked in the finance sector. It is based mostly on surveys of educational institutions and of alumni who completed their masters in 2017.

HEC Paris has appear top each individual year apart from 2017, when Edhec edged it aside, and 2019, when the ranking did not operate. Its success is spelled out by the money uplift that its alumni take pleasure in: the best weighted average salary, at $149,750 this year, and the best salary proportion enhance a few years following graduation. The university is also the best for occupation development.

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

Find out which educational institutions are in our ranking of article-experience and pre-experience postgraduate finance degrees. Find out how the tables were compiled.

HEC’s salary efficiency is not normal of European educational institutions. Analysis of the pre-experience programmes reveals that alumni of Asian educational institutions have larger salaries and raises a few years following graduation, when adjusted for buying ability parity involving international locations. 

Alumni from US and European educational institutions, even so, report increased success in acquiring their in general aims in studying an MiF. Study respondents say their most important causes for taking an MiF are superior occupation options and private improvement, adopted by increasing earnings and buying specialised techniques.

 While mainland Europe is a well-liked area to review, with alumni from its educational institutions representing extra than 50 for each cent of the cohort surveyed, Uk enterprise educational institutions have the best proportion of abroad graduates: 9 in 10. Whether or not this kind of an international consumption persists following the coronavirus pandemic is a issue for long run editions of the ranking.

Chart on MiF courses

The proportion of woman college students enrolled at rated educational institutions has developed above time but a gender fork out hole stays. Male alumni from pre-experience programmes make an average of $103,403, some thirty for each cent extra than their woman contemporaries, whose average salary is $79,094. The hole rises to 34 for each cent for article-experience courses. The average salary uplift is increased too: sixty for each cent for males on pre-experience courses, when compared with 48 for each cent for women of all ages.

Chart on MiF courses

ESCP Organization School is rated second and Skema rises one particular area to 3rd. With Essec fourth and Edhec fifth, French educational institutions have taken the top 5 places in two successive MiF rankings. Likely causes for this include a lengthy record of working MiF programmes, great connections with the finance sector and reasonably minimal expenses.

Alumni rank ESCP to start with for its professions support and aims obtained. For the second year in a row, the university is also top for international course experience, a group that displays students’ publicity to internships, classes and exchanges in other international locations.

Chinese College of Hong Kong Organization School registered the best development in the ranking, climbing 19 places to thirtieth. Amongst Chinese educational institutions, CUHK was judged best in the occupation development group, and scores extremely for the proportion of woman college students 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 rated thirtieth, has manufactured the most development of any enterprise university since the very last MiF study © Alamy

WHU — Otto Beisheim School of Management, in Germany, is this year’s best new entrant, in 22nd area. Alumni praise its trade programme, occupation activities and networking options.

MIT: Sloan dropped one particular area to eighth and is the top university in the US. Its alumni make $142,876 on average, the best weighted salary among the US establishments in the ranking. Surveyed graduates praised MIT: Sloan for giving a complete immersion in the topic.

Only a couple educational institutions took aspect in the ranking of article-experience finance courses. London Organization School (LBS) stays top, forward 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.
Knowledge necessary: London Organization university tops the ranking for article-experience finance programmes © Money Situations

LBS alumni have the best proportion salary enhance and the university is rated selection one particular for occupation development and international college students.

Cambridge: Decide scores best for benefit for money, professions support and international mobility. Its alumni have the best salary, at $136,080.

Lee Kong Chian has the best proportion of woman college students and is to start with for international course experience.

This year we asked graduates to price their in general fulfillment with the MiF course — the to start with time we have set this problem, which does not feed into the ranking calculation. All the educational institutions scored previously mentioned eight out of 10 on average.

The MiF ranking was suspended in 2019, owing to technical upgrades. This year’s calculations include facts from 2018 exactly where relevant.