The outstanding achievements of Lancaster University’s Master of Business Administration degree scheme has been noted and awarded by the Financial Times’ World MBA Ranking.
Lancaster has been placed first in the world for the teaching of corporate strategy, and has also been placed extremely high within several other aspects of the FT’s rankings. The University’s MBA scheme has claimed the top spot in Europe and second globally in terms of its ‘aims achieved’; the measurements of student satisfaction with the quality and experience of the course. It has also claimed first and second place in the UK, for both the teaching of corporate and social responsibility and for international business respectively, and both subjects claimed 7th position globally in their particular fields. The scheme has also ranked highly for its influence beyond the boundaries of university, placing 3rd in the country for the percentage of MBA graduates employed within 3 months of graduation, at 91%, whilst LUMS also took 6th position in the country for the percentage of graduates who saw salary increases at 81%. With such phenomenal achievements it would make sense that the FT would recognise the success of the University’s Management School in its rankings.
According to the new global standings, Lancaster has shown the strongest progress since last year’s rankings. Since 2014 it has moved up 27 places to 50th in the world. This now ranks it as 9th in the UK and 18th in Europe overall. Graduates have also shown remarkable improvements within the past year within international standings, moving up 17 places in the global measurement for course experience, and also displaying improvements in areas of weighted salary, career progress and placement success.
Praise has been directed at the Management School’s hardworking staff members and students for the substantial rise in standings. The Dean of the Management School, Prof Sue Cox, remarked: “Our improvement in the Financial Times ranking is down to an exceptional MBA programme which attracts excellent students and is delivered by world-leading faculty. It confirms our position as a leading global business school.” Chris Saunders, Director of Lancaster’s full-time MBA, mirrored Prof Cox’s appraisal both of the course’s and its graduates’ success, stating: “Our rise in the table is a result of the success of our alumni in their careers, the quality of the programme we deliver at Lancaster, and the continuous improvement in all aspects of the School over the years”.