French Business Schools Dominate in Financial Times Ranking 2020

Business schools in France have managed to overcome their European peers when it comes to performance, with the best master programs and executive education courses in Europe, 2020 Financial Times ranking has shown.

Four institutions inside and across Paris, have been listed in the top 10 of Financial Times annual evaluation of a total of  90 European business schools, 22 of which French schools, Erudera reports.

Four institutions listed in the top 10 include:

1. HEC Paris

2. Insead

3. Essec

4. ESCP

According to the interim dean at HEC Paris, Eloïc Peyrache, the reason for the good performance of HEC Paris was the investment in MBA.

“We’ve become global partners of companies which come to recruit from us worldwide,” he claimed.

Whereas, in the list of  top 10 institutions are also included two UK institutions, including:

• London Business School ranked in second place.
• Oxford: Saïd listed the 10th.

“The FT ranking assesses the performance of business schools for MBAs, executive MBAs and Masters in Management degrees based on factors including salary outcomes, as well as in non-degree custom and open executive education courses, using measures including participant satisfaction,” an article published by Financial Times reads.

Data from the Graduate Management Admission Council show that MBA applications were almost three-quarters of European schools in 2020, compared to two-thirds of US schools, where receiving an MBA costs much more and lasts twice as long.

According to the Financial Times, most French universities are public institutions, and sometimes France has gained the reputation of being suspicious of capitalism. However, business schools in the country are independent and manage to attract students from all over the world every year.

Differently, three business schools in the country ranked at top four are privately led by prestigious grandes écoles with high competitive entry.

Despite the ranking, 2020 data from Wissenschaft Weltoffen, delivered by DAAD along with the German Centre for Higher Education Research and Science Studies have recently unveiled that Germany has managed to overtake France in global ranking when it comes to the number of international students, with 320,000 students pursuing studies in the country.