IE BUSINESS SCHOOL, partner of Brown University in its launch of the Executive MBA program, was ranked No. 8 in the world by the Financial Times. IMAGE SOURCE / FT.COM

By Kimberley Donoghue
PBN Web Editor
Twitter: @kydonoghue

2/1/11

PROVIDENCE – IE Business School in Madrid, Spain, which has partnered with Brown University to launch the Executive MBA program, ranked No. 8 on the Financial Times’ 2011 Global MBA rankings.

IE dropped 2 places from its No. 6 spot which it held for 2010 and 2009.

London Business School and the University of Pennsylvania: Wharton tied for first place among the 100 business schools ranked by FT. Harvard Business School came in at No. 3, and Insead and Stanford University GSB split the honor for fourth place.

The FT ranking is based on 21 categories looking at both the institution and its alumni, including data on alumni salaries, the international outreach of each school, and the percentage of women faculty and students.

At IE, the weighted average alumni salary, with adjustments for industry variations, was $149,584. The top alumni earners, based on weighted average, graduated from Stanford, $183,260, and Indian Institute of Management, Ahmedabad, $174,440.

Among the many categories ranked by the Financial Times, IE’s statistics included: 91 percent of the most-recent class were employed three months after graduation, women account for 33 percent of the faculty, international faculty are 54 percent and faculty with doctorates are 93 percent.

The IE Brown Executive MBA, a program geared to professionals with more than 10 years of experience, is set to start in March 2011 and will combine online sessions with five residential periods in Madrid and in Providence.

For the full details on the FT ranking of IE Business School, click here.