Financial Times MBA Rankings 2010 - Now Released

All in all, there hasn't been a huge shift in the relative ranking of Canadian Schools. The positive news, McGill has rejoined the FT Top 100 after a brief absence making it 6 Canadian schools in the Top 100. Along with McGill, Rotman is the only other Canadian school to move up in the Rankings, moving up to 45 from 47 last year (and in the process becoming the highest ranked Canadian school).

The Canadian school rankings are:

School Highlights

A more detailed breakdown of each school is presented below, however here are some initial thoughts (a more detailed analysis will be up in the next few days).

McGill will obviously be happy to be back on the list after falling off - they are also the best ranked Canadian school in terms of value for money (although there isn't much a difference between all of the schools).

Rotman also managed to move up in the rankings, albeit by a small margin. With the fellow Ontario schools slipping a few spots, they will be happy to be the highest ranked Canadian school (they were tied with Ivey in 2009).

Ivey, Schulich, UBC, and Alberta will all be somewhat disappointed to drop in the rankings although each won't be horribly disappointed. Ivey continues to have the highest earning grads, Schulich and UBC remain in the same place relative to Canadian schools and Alberta's salary figures are finally starting to catch up with the other Canadian schools.

University of Toronto: Rotman

Rank in 2009: 47

Salary: $96,436

Salary Increase: 87%
Value for Money: 56

Career Progress: 86

Aims Achieved: 49

Placement Success: 69

Employed 3 months after Graduation: 83%

University of Western Ontario: Ivey

Rank in 2009: 47

Salary: $102,839

Salary Increase: 92%

Value for Money: 32

Career Progress: 76

Aims Achieved: 59

Placement Success: 30

Employed 3 months after Graduation: 87%

York University: Schulich

Rank in 2009: 49

Salary: $85,547

Salary Increase: 86%

Value for Money: 35

Career Progress: 60

Aims Achieved: 75

Placement Success: 87

Employed 3 months after Graduation: 80%

University of British Columbia: Sauder

Rank in 2009: 71

Salary: $83,514

Salary Increase: 74%

Value for Money: 33

Career Progress: 70

Aims Achived: 90

Placement Success: 68

Employed 3 months after Graduation: 83%

University of Alberta

Rank in 2009: 77

Salary: $79,383

Salary Increase: 85%

Value for Money: 29

Career Progress: 38

Aims Achieved: 72

Placement Success: 77

Employed 3 months after Graduation: 75%

McGill University: Desautels

Rank in 2009: unranked

Salary: $83,435

Salary Increase: 80%

Value for Money: 27

Career Progress: 90

Aims Achieved: 77

Placement Success: 81

Employed 3 months after Graduation: 93%

Financial Times MBA Rankings 2010

The latest Financial Times rankings will be released on January 25th, 2010. The FT rankings are the most widely anticipated rankings around the world. The rankings are based on a number of different areas including graduate surveys, salary information, and faculty research. The complete methodology for the rankings is available through the Financial Times. 5 Canadian schools made the previous Financial Times list.

I've previously posted a breakdown of how Canadian schools have historically performed in each area:

FT MBA Rankings Summary 1
FT MBA Rankings Summary 2
FT MBA Rankings Summary 3

As always, a number of Canadian schools will be watching the rankings closely. Internationally, the global economic slowdown will likely have had some effect on the overall salary figures reported by schools (especially the finance heavy MBA programs). The effects were not as well noted in the 2009 rankings as the alumni surveys were undertaken during Fall 2008 as the slowdown was beginning to take affect. Which schools will benefit in the rankings and which ones will be hurt ... check back on Monday to find out. The Canadian schools to keep an eye on include:

University of Toronto (Rotman)
University of Western Ontario (Ivey)
York University (Schulich)
University of British Columbia (Sauder)
University of Alberta

Top Universities 2009

QS publishes an annual list of the World's Top Universities. Granted this list incorporates all of the different faculties and areas of a University, and not only their MBA programs, but it does present for interesting reading. Worth noting is that only 4 Canadian schools place in the Top 100 globally, while that number is higher for top MBA program (5).

Not surprisingly, a number of the top Universities also have top MBA programs within Canada. Each university would obviously have areas where it specializes in, but only Waterloo lacks an MBA program of note. At the end of the day, you would likely receive a high quality education at any of these schools. The main difference between their MBA programs would be all of the extra-curricular activities and the career guidance/placement services you would expect. Of course, pursuing a graduate business degree, these are just as important as the quality of education.

Top Canadian Universities 2009
1. McGill
2. University of Toronto
3. University of British Columbia
4. University of Alberta
5. Université De Montréal
6. University of Waterloo
7. Queens University
8. McMaster University
9. University of Calgary
10. University of Western Ontario
11. Simon Fraser University