International Business Schools: Top 100 Global MBA Rankings 2025

With the arrival of the global MBA rankings 2025, a new perspective on international business schools is now available. This year, European universities are leading, Asian schools are making impressive improvements, and Indian business schools are expanding their horizons. Potential MBA students should find this ranking useful when assessing how an international business school stands regarding quality, reputation, job prospects, and ability to work abroad.

Both well-known and up-and-coming business universities are included in the MBA ranking 2025. Even as classic top business schools in the U.S. remain ahead, European and Asian business schools are noticeably improving rankings and helping their students thrive after studying. Here’s a closer look at the top 100 international business schools leading the way in global management education this year:

S. No.	Name	Location, by primary campus	Weighted salary (US$)	Carbon footprint rank
1	University of Pennsylvania: Wharton	US	241,522	65
2	Columbia Business School	US	242,747	67
3	IESE Business School	Spain	198,584	8
4	Insead	France	209,992	17
5	SDA Bocconi School of Management	Italy	217,241	1
6	MIT: Sloan	US	232,565	17
7	London Business School	UK	214,823	55
8	Esade Business School	Spain	205,044	4
9	HEC Paris	France	191,828	8
10	Northwestern University, Kellogg School of Management	US	219,487	50
11	Duke University’s Fuqua School of Business	US	208,261	4
12	Ceibs	China	194,589	42
13	Harvard Business School	US	256,731	22
14	Cornell University: Johnson	US	200,517	43
15	UC Berkeley: Haas	US	219,388	66
16	Shanghai University of Finance and Economics: College of Business	China	226,494	85
17	University of Chicago: Booth	US	236,474	85
18	IE Business School	Spain	178,898	3
19	UCLA Anderson School of Management	US	203,117	8
20	Dartmouth College: Tuck	US	211,135	80
21	University of Virginia: Darden	US	208,964	23
22	IMD — International Institute for Management Development	Switzerland	187,277	23
23	Nanyang Business School, NTU Singapore	Singapore	186,832	16
24	Yale School of Management	US	201,752	43
25	Peking University: Guanghua	China	199,174	43
26	University of Oxford: Saïd	UK	183,520	43
27	Indian School of Business	India	185,885	23
28	ESCP Business School	France	151,045	23
29	University of Michigan: Ross	US	202,264	20
30	Fudan University School of Management	China	170,236	43
31	New York University: Stern	US	208,236	55
32	Indian Institute of Management Ahmedabad	India	219,467	82
33	Tongji University School of Economics and Management	China	176,726	98
34	University of Washington: Michael G. Foster	US	195,893	85
35	University of Cambridge: Judge	UK	178,575	43
36	HKUST Business School	Hong Kong	171,384	21
37	National University of Singapore Business School	Singapore	170,898	23
38	Imperial Business School	UK	162,604	55
39	Rice University: Jones	US	182,324	23
40	University of Texas at Austin: McCombs	US	191,104	85
41	HKU Business School	Hong Kong	161,328	55
42	Washington University: Olin	US	166,584	92
43	Georgetown University: McDonough	US	192,142	85
44	EMLyon Business School	France	138,442	23
45	Emory University: Goizueta	US	188,815	67
46	Alliance Manchester Business School	UK	151,826	53
47	Essec Business School	France	127,104	23
48	University of Florida: Warrington	US	144,517	8
49	Carnegie Mellon: Tepper	US	180,857	23
50	University of Southern California: Marshall	US	179,095	8
51	University of North Carolina: Kenan-Flagler	US	178,319	55
52	Vanderbilt University: Owen	US	178,835	67
53	University of California at Irvine: Merage	US	160,861	8
54	University of Texas at Dallas: Jindal	US	142,408	85
55	University of Georgia: Terry	US	141,733	92
56	Rotterdam School of Management, Erasmus University	Netherlands	135,746	4
57	Indian Institute of Management Bangalore	India	179,422	85
58	Georgia Tech Scheller College of Business	US	164,271	67
59	Arizona State University: WP Carey	US	137,606	8
60	University of Rochester: Simon Business School	US	168,298	98
61	Indian Institute of Management Calcutta	India	166,309	81
62	Warwick Business School	UK	132,522	23
63	University of St Gallen	Switzerland	150,732	23
64	Edhec Business School	France	124,597	23
65	CUHK Business School	Hong Kong	131,605	53
66	WHU – Otto Beisheim School of Management	Germany	133,859	8
67	Bayes Business School	UK	137,128	67
68	AGSM at UNSW Business School	Australia	139,766	1
69	Indian Institute of Management Indore	India	161,012	67
70	Texas A&M University: Mays	US	150,489	67
71	Mannheim Business School	Germany	141,825	23
72	Indian Institute of Management Lucknow	India	158,607	92
73	University College Dublin: Smurfit	Ireland	140,828	55
74	Boston University Questrom School of Business	US	152,868	67
75	University of Notre Dame: Mendoza	US	165,725	82
76	University of Toronto: Rotman	Canada	129,690	79
77	The Lisbon MBA Catolica \| Nova	Portugal	135,825	19
78	Fordham University: Gabelli	US	159,200	92
79	Queen’s University: Smith	Canada	122,154	67
80	William & Mary: Mason	US	143,123	50
81	ESMT Berlin	Germany	132,103	23
82	Cranfield School of Management	UK	132,305	50
83	Brigham Young University: Marriott	US	151,772	92
84	Babson College: Olin	US	147,292	67
85	XLRI — Xavier School of Management	India	142,022	55
86	Durham University Business School	UK	125,769	43
87	Western University: Ivey	Canada	125,788	64
88	Indian Institute of Management Kozhikode	India	161,103	98
89	Grenoble Ecole de Management	France	108,422	23
90	Audencia	France	93,479	23
91	University of Edinburgh Business School	UK	126,586	55
92	Hult International Business School	US	128,359	23
93	Copenhagen Business School (CBS)	Denmark	127,842	82
94	McGill University: Desautels	Canada	114,305	55
95	University of British Columbia: Sauder	Canada	105,593	23
96	Frankfurt School of Finance and Management	Germany	122,999	4
97	University of Glasgow: Adam Smith	UK	118,767	23
98	Sungkyunkwan University GSB	South Korea	137,615	67
99	Miami Herbert Business School	US	124,458	67
100	EADA Business School Barcelona	Spain	101,700	92

Data courtesy: Financial Times

Table Note: The definition of the ESG category is formed by the core modules taken by 100 per cent of the recent cohort. Students can choose non-core modules, so the school is not ranked here due to its flexible approach. Every MBA in this ranking is of top quality. The top-ranking programme is ahead of one in 100th place by some 148 points. Authorities rank their schools into four tiers. Business schools in tiers I and II rate higher than the mean for the cohort, and those in tiers III and IV are rated lower.

The gap in scores between schools placed together in tiers I and IV is more noticeable than with schools in tiers II and III. Eight schools of the University of Pennsylvania are part of tier I: Wharton and the Esade Business School. HEC Paris is ninth in tier II, with the University of Florida: Warrington placed 48th. Tier III at the top by Carnegie Mellon: Tepper includes 49th to 86th schools, such as the Indian Institute of Management at Kozhikode. At 89 come schools from Grenoble Ecole de Management to 100 by Eada Business School Barcelona.

* These rankings and salaries (US$) are according to the Financial Times Global Rankings 2025 .

Indian Business Schools Shine

Indian institutions have made significant strides in the 2025 MBA rankings:

Indian School of Business (ISB): Among Indian institutions, ISB has earned a worldwide rank of 23rd. It was also ranked 4th in the world for the strength of its alumni network and 2nd for the percentage increase in salary.
Indian Institute of Management Ahmedabad: Drifted into the 82nd place overall.
XLRI – Xavier School of Management: It enjoyed the best salary growth of all the schools, as alumni salaries grew by 249% to achieve $142,022, placing it jointly at 55th position worldwide.

In addition, IIM Bangalore (85th), IIM Calcutta (81st), IIM Indore (67th), IIM Lucknow (92nd), and IIM Kozhikode (98th) are from India and appear in the top 100.

Rise of Asian Business Schools

Asian institutions have also shown impressive performances:

China Europe International Business School (CEIBS): For the ninth year running, CEIBS leads in Asia and remains the 42nd school in the world.
Peking University: Since 2022, Canada has taken 43rd place internationally.
Shanghai University: Climbed to 85th place globally, proving it is among Asia’s leading MBA schools.

Notable Declines

Some prominent U.S. business schools experienced declines:

Harvard Business School: Still earning around $ 256,731 when graduating, its ranking sank to 22nd place, its lowest.
Stanford Graduate School of Business: The school was left out of the top 100.

Emphasis on Sustainability and Diversity

European schools have been recognized for their commitment to sustainability and diversity:

SDA Bocconi School of Management: According to the carbon footprint metric, the Netherlands holds the top spot.
ESADE Business School: As a result, Canada got 4th place when it comes to carbon footprint and welcomes students who are mainly from international countries.
INSEAD: INSEAD focuses on global diversity since more than 97% of students come from different countries.

Global Trends

The 2025 rankings reflect several global trends:

Increased MBA Applications: Applications have increased 13% worldwide due to economic concerns and a softening job market.
Shift Towards European Programs: It appears that European schools are among the top ten best because they pay close attention to sustainability and welcome students from all over the world.
Focus on Value for Money: The University of Georgia and the University of Florida are well-respected for offering excellent value to students.

Why the 2025 MBA Rankings Matter for Future Business Leaders

As education worldwide improves, MBA Rankings remain a reliable source for business leaders. If you aim to study at a school where you can expect a solid return, build a network worldwide, or experience cutting-edge teaching, the 2025 MBA rankings help you choose a top international business school. Now that new firms are entering and adding to the competition, the business education market is particularly exciting and highly competitive.

If you want to get into one of these best international business schools, The MBA Edge, an MBA consultant in India, will help you gain the spot by providing the absolute best MBA services from preparing your application to reviewing your essay; we will help you with everything from start to finish.

International Business Schools: Top 100 Global MBA Rankings 2025

Indian Business Schools Shine

Rise of Asian Business Schools

Emphasis on Sustainability and Diversity

Why the 2025 MBA Rankings Matter for Future Business Leaders

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