HEC Paris tops 2020 masters in finance ranking

When the FT’s masters in finance rating started, in 2011, Donald Trump was still presenting The Apprentice and coronaviruses ended up a specialized niche desire amongst microbiologists. Substantially has transformed given that then — but the variety-just one location in the rating has not. This yr, as in 2011, HEC Paris tops the table.

Extra precisely, the French enterprise university ranks initial amongst providers of pre-knowledge masters in finance (MiF) courses — that is, for pupils with minimal or no related qualified knowledge. The tables set out data on the very best programmes worldwide in this spot, as perfectly as on the leading three courses for men and women who have previously labored in the finance sector. It is based mostly on surveys of universities and of alumni who finished their masters in 2017.

HEC Paris has occur leading every single yr aside from 2017, when Edhec edged it apart, and 2019, when the rating did not operate. Its achievements is defined by the monetary uplift that its alumni take pleasure in: the highest weighted average salary, at $149,750 this yr, and the highest salary share enhance three many years right after graduation. The university is also the very best for job development.

Locate out which universities are in our rating of submit-knowledge and pre-knowledge postgraduate finance levels. Locate out how the tables ended up compiled.

HEC’s salary functionality is not regular of European universities. Analysis of the pre-knowledge programmes reveals that alumni of Asian universities have larger salaries and raises three many years right after graduation, when modified for getting energy parity in between nations around the world. 

Alumni from US and European universities, on the other hand, report greater achievements in achieving their in general aims in studying an MiF. Survey respondents say their most important good reasons for using an MiF are far better job options and own enhancement, adopted by improving upon earnings and buying specialised techniques.

 While mainland Europe is a common spot to examine, with alumni from its universities representing more than fifty for every cent of the cohort surveyed, Uk enterprise universities have the highest proportion of abroad graduates: nine in ten. No matter if this sort of an international consumption persists right after the coronavirus pandemic is a subject for long term editions of the rating.

The proportion of female pupils enrolled at rated universities has grown over time but a gender fork out hole remains. Male alumni from pre-knowledge programmes receive an average of $103,403, some thirty for every cent more than their female contemporaries, whose average salary is $79,094. The hole rises to 34 for every cent for submit-knowledge courses. The average salary uplift is greater far too: sixty for every cent for adult males on pre-knowledge courses, as opposed with forty eight for every cent for girls.

ESCP Business College is rated next and Skema rises just one spot to 3rd. With Essec fourth and Edhec fifth, French universities have taken the leading five spots in two successive MiF rankings. Likely good reasons for this consist of a extended heritage of managing MiF programmes, superior connections with the finance sector and fairly very low charges.

Alumni rank ESCP initial for its careers service and aims attained. For the next yr in a row, the university is also leading for global training course knowledge, a category that displays students’ publicity to internships, courses and exchanges in other nations around the world.

Chinese College of Hong Kong Business College registered the very best progression in the rating, climbing 19 spots to 30th. Among Chinese universities, CUHK was judged very best in the job development category, and scores highly for the proportion of female pupils represented.

WHU — Otto Beisheim College of Management, in Germany, is this year’s highest new entrant, in 22nd spot. Alumni praise its trade programme, job functions and networking options.

MIT: Sloan dropped just one spot to eighth and is the leading university in the US. Its alumni receive $142,876 on average, the highest weighted salary amongst US institutions in the rating. Surveyed graduates praised MIT: Sloan for delivering a thorough immersion in the topic.

Only a couple universities took element in the ranking of submit-knowledge finance courses. London Business College (LBS) remains leading, ahead of the College of Cambridge: Choose and Singapore Management College: Lee Kong Chian.

LBS alumni have the highest share salary enhance and the university is rated variety just one for job development and global pupils.

Cambridge: Choose scores highest for value for money, careers service and global mobility. Its alumni have the highest salary, at $136,080.

Lee Kong Chian has the highest share of female pupils and is initial for global training course knowledge.

This yr we requested graduates to price their in general gratification with the MiF training course — the initial time we have put this question, which does not feed into the rating calculation. All the universities scored earlier mentioned eight out of ten on average.

The MiF rating was suspended in 2019, owing to specialized upgrades. This year’s calculations consist of knowledge from 2018 wherever applicable.