Top Business Schools of 2024: Key Highlights

1. University of St. Gallen, Switzerland
   Retaining its top rank for the 13th straight year, the University of St. Gallen sets a standard for management education. St. Gallen’s MiM program, which is well-known for its demanding coursework, solid industry ties, and outstanding graduation results, keeps drawing students from all across the world and keeps its leadership in the rankings.
2. HEC Paris, France
   Second-ranked is HEC Paris, which provides foreign students access to the esteemed Grande Ecole network utilizing a Master in Management degree. The program is renowned for its excellent academic standards, varied student body, and great focus on innovation and leadership.
3. Insead, France
   Making a remarkable entry into the top three, Insead is recognized for its outstanding focus on global business education. The school excels in international work mobility for its alumni, a key factor that sets it apart from other institutions.
4. EDHEC Business School, France
   Rising seven places to guarantee the fourth position in this year’s standings is EDHEC.. The school’s consistent improvement is driven by its strong emphasis on career services, a robust alumni network, and a high return on investment for graduates.
5. Shanghai Jiao Tong University – Antai College of Economics and Management, China
   As the highest-ranked business school outside Europe, Shanghai Jiao Tong University’s Antai program stands out for its value for money, extensive alumni network, and comprehensive career services.  These elements greatly help to explain its rising global renown.
6. ESCP Business School, Europe
   Ranked sixth, ESCP Business School is proud of a special accomplishment: 100% of its most recent MiM graduates found jobs three months after graduation. Aspiring professionals rank the institution first as it is dedicated to providing a world-class education that directly results in employment.
7. London Business School, UK
   With 99% of its students originating from outside the UK, London Business School is famous for having the sixth place shared with ESCP for its very varied student base. These global surroundings improve the educational process and promote a rich interaction of points of view

Noteworthy Performances by Other Leading Schools

• Bocconi University, Italy
  Leading in sustainability and noted for its carbon neutrality since 2020 is Bocconi University. The proactive strategy of the school to lower its carbon footprint shows its dedication to sustainability and ethical corporate behaviour.
• Tongji University, China
  Tongji University, China, is a desirable choice for students looking for reasonably priced, high-quality education as its MiM program provides the best value for money.
• Stockholm School of Economics, Sweden
  Second for foreign course experience, Stockholm School of Economics distinguishes itself with a worldwide perspective and a large number of graduates having studied or worked elsewhere throughout their degree.
• IESE Business School, Spain and University of St. Gallen, Switzerland
  With an outstanding 9.75 out of 10, graduates of these universities jointly rank top for course satisfaction. The programs at these universities are commended for their thorough material and first-rate instruction.
• IE Business School, Spain
  Renowned for its dedication to diversity, IE Business School has reached gender parity among its faculty, therefore establishing a milestone for academic global inclusiveness.
• Luiss University, Italy
  With an average rise of 95%, Luiss University graduates have seen the most pay gain among top-ranked universities. This outstanding figure shows the value the curriculum offers to its students as well as its great congruence with industry demands.

Methodology Behind the 2024 Rankings

Comprising 141 programs assessed on a range of factors, this year marks the 20th edition of the Financial Times Masters in Management ranking. Targeting students with little job experience, programs must be full-time, cohort-based, certified by either AACSB or Equis to qualify. There are 19 primary parameters in the ranking system; school statistics account for 44% of the overall score while alumni comments contribute 56%.

Based on factors like alumni career progress, school diversity, and program overall excellence, the rankings fairly reflect a complete evaluation of business schools. A noteworthy number of alumni—9,338 in all—participated in the survey, representing a response rate of around 31%, despite pandemic-related interruptions influencing some institutions’ response rates.

These rankings also highlight how increasingly important elements such as global mobility, professional results, and sustainability are for determining the direction of business education. Understanding these dynamics is essential for prospective students to select a program that not only satisfies academic requirements but also fits their personal and professional objectives.

Also, read

Top 7 IITs For Management Courses in 2024: NIRF 2024 rankings

Top 20 Management Colleges in India in 2024: NIRF 2024 Ratings

The research will involve studying biomass from more than 10 states to develop a process for the production of high-quality biochar for steel applications such as coke making, sintering, and sponge iron production.

IIT Dhanbad & Sentra.World Partner to Develop Biochar for Decarbonising Steel Production

The Indian Institute of Technology (IIT) Dhanbad and sentra.world have collaborated to undertake research initiatives focused on the decarbonisation of steel manufacturing processes. According to sentra.world, in a statement made on Thursday, the partnership focuses on the use of biochar as an environmentally friendly alternative for coal in the manufacturing process.

Biochar is the black carbon produced from biomass sources, which include agricultural waste products among others. The research shall entail characterizing biomass from more than 10 states and developing conversion processes to produce high-quality biochar that is suitable for all steel applications like coke making, sintering, sponge iron production etc., added Aayush Raj Sinha, Business Head, at sentra.world.

The initial target is to use about 720 metric tonnes of surplus biomass available across the country, including agricultural residues like parali, or rice husk, he said. The contribution of India’s domestic steel industry to total greenhouse gas emissions is reportedly 8-12 per cent and 8 per cent globally. The government has been requesting research institutes and companies to conduct R&D activities aimed at decarbonising the steel industry and using waste substances in steel-making processes. Bengaluru-based sentra.world works on developing carbon management practices for the steel sector.

Conclusion

The partnership between IIT Dhanbad and sentra.world marks a significant step toward a sustainable future for the steel industry. Leveraging biochar as an eco-friendly alternative to coal, this research initiative aims to decarbonize steel production, therefore reducing greenhouse gas emissions, as part of efforts toward greener industrial practices in India. Collaboration not only showcases the potential of innovative research but also underlines the necessity of integrating environmental sustainability into industrial processes.