Barcelona maintains 3 business schools in the European top 30

by time news

2023-12-04 00:01:57

Three business schools of Barcelona, out, Esade y Eda They remain in the ‘top’ 30 in Europe, according to the latest ranking published this Monday by the ‘Financial Times’. The first two have improved their positions. IESE has gone from number six in 2022 to third and Esade, from 17 to 12. Meanwhile, Eada has dropped from 27 to 30.

Another Spanish academic institution appears in this classification. In this case it is IE Business Schoolbased in Madrid, which rises from 10th place in 2022 to 8th in the current year, according to the same classification.

They top this ranking HEC Paris, in first place; followed by the London Business School, which is in second place. IESE has snatched third place on the podium from ESCP Business Schoolwith campuses in Spain, France, Germany, Italy, Poland and the United Kingdom, which has fallen to fourth place.

The data strengthens the Catalan capital as the headquarters of a cluster of business schools. One of the characteristics of the classification prepared by the Financial Times is that it makes an average of the various specific rankings carried out throughout the year and that refer to the different programs offered by the schools.

These range from the ‘master of business administration’ (MBA) to the ‘Executive MBA (EMBA) or the ‘master in management’, as well as open programs and those tailored to groups and companies. For all these reasons, this classification is considered the most complete of those made.

Accreditation

In order to be included in the classification, the ‘Financial Times’ requires as an essential condition the academic accreditation of the European Quality Improvement System (EQUIS) or that issued by the Association to Advance Collegiate Schools of Business (AACSB).

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The ‘top 10’, in which IESE appears in third place, is completed, in addition to HEC Paris and the London Business School, in first and second place; and ESCP in the fourth; the italian SDA Bocconi School of Management; the Switzerland University of St Gallen; the french Edhec Business School; the Spanish IE Business School and the French Essec y EMLyoin Business School.

Each of the categories used for classification It represents 25% in the overall score. Factors such as teaching staff (percentage of full-time female teachers, international professors and doctors) are also taken into account.

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IESE, for example, is first in the classification in open programs; Esade, the third in the same category; and EADA, with 14th place, has its best position in the classification in this type of programs.

This classification does nothing more than consolidate the Catalan capital as the headquarters of training centers for managers, executives and businessmen. The city maintains the three business schools of the top 30 in Europe in the elite worldwide, with one of them, IESE, in first place on a global scale, according to the other ranking also published by the ‘Financial Times’. Since 2015, IESE’s management training programs have been ranked 1 or 2 worldwide in this ranking.

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