Tag: rankings

The latest ranking of global full-time MBA programs from the Financial Times, released overnight, placed WashU Olin at No. 25, its best-ever showing in the international ranking and a substantial increase from its 2020 ranking. The magazine’s ranking puts Olin among the top 12 US-based full-time MBA programs.

As Poets & Quants noted in its coverage of the 2021 FT ranking, “Washington University’s Olin School soared 19 places to rank 25th in the world, its highest FT ranking ever. Five years ago, the school’s MBA program ranked 80th on the FT list.”

Indeed, WashU Olin has seen a steady rise in the FT ranking since that 80th-place ranking in 2016, coming in at 54 in 2019 and 44 last year.

“This is extraordinary validation for the hard work of our staff and faculty at WashU Olin,” said Dean Mark P. Taylor. “The last four years have seen a lot of new strategic initiatives including relaunching our MBA, strengthening our already outstanding faculty, restructuring our career center and launching our Center for Digital Education, and these are all factors contributing to the continuing success of the school.”

Olin saw marked increases in its placement in a number of categories of the Financial Times ranking, including research (where Olin placed first among global MBA programs), international mobility and salary percentage increase.

The top five in the Financial Times 2021 ranking included France’s Insead, London Business School, the University of Chicago and—tied at fourth place—Spain’s Iese Business School and Yale School of Management. Three of last year’s FT top-five—Harvard, Wharton and Stanford—chose not to participate in this year’s Financial Times ranking.

The latest ranking of global Executive MBA programs by The Economist magazine places WashU Olin 18th in the world and places us third in the world for teacher quality.

Among 40 ranked EMBA programs with a 100% domestic presence, WashU Olin placed seventh. Among US programs, Olin also notched sixth for career development, second in faculty quality and third for the “percentage of alumni who have been promoted or grown their company since graduation.”

Olin last appeared in the magazine’s ranking in 2015. Since then, the program rose 20 spots, with the biggest increase coming in career development, where Olin rose from 41 to 17 globally.

In terms of faculty quality, the Economist ranking looks at five separate qualitative and quantitative dimensions. Students surveyed for the ranking rated Olin faculty 4.8 on a five-point scale for teaching quality, which placed Olin No. 1 for that dimension. And because 100% of Olin’s EMBA faculty holds a PhD, the school placed first in that dimension as well.

Olin placed fourth in the world on the “percentage of alumni who have been promoted or grown their company since graduation,” one of nine dimensions contributing to the “career development” ranking category.

In general, the ranking was a strong showing for WashU Olin’s EMBA program, which improved in eight of nine major ranking categories.

The EMBA program at the University of California-Berkeley’s Haas School of Business placed No. 1 in the Economist ranking.

2020 Financial Times full-time MBA ranking.

WashU Olin leaped 10 places to 44th in the new Financial Times global ranking of MBA programs released today thanks to growth in MBA starting salaries, strong scores for career services and admirable faculty research productivity.

Additionally, Olin benefitted from a high ranking for our commitment to corporate social responsibility, affirming our strategic pillar focused on equipping students to be values-based, data-driven leaders.

“I’m deeply gratified by the recognition of our hard work on behalf of our students,” said Dean Mark P. Taylor. He noted that while the FT annual ranking includes an evaluation of the global experience each program provides, this year’s ranking does not account for Olin’s newly launched global immersion.

“Our 38-day international immersion places Olin as the most global full-time MBA program in the world,” Taylor said.

Last year, Olin was ranked 54th. This year, strong scores for career services and career progress, Olin’s near-parity between male and female students and an increase in the percentage of international students contributed to pushing Olin up to 44th globally. WashU MBA students also reported starting salaries averaging $131,207, up substantially from the prior year.

The FT ranking also placed Olin ninth in the world for research productivity—up from 12th last year. Finally, Financial Times’ surveys placed WashU’s MBA program 29th in the world for corporate social responsibility.

Washington University in St. Louis and Olin Business School both continue to be top venues for entrepreneurship education—ranking No. 6 for undergraduate studies and No. 16 for graduate studies in the Princeton Review and Entrepreneur rankings for Top Schools for Entrepreneurship Studies. The rankings were announced online Tuesday, November 12, 2019, and are featured in the December issue of Entrepreneur magazine.

The newest ranking represents a one-step jump for undergrads and two steps up for graduate programs from the previous year’s ranking.

WashU’s place on this year’s lists marks a significant movement for the university. In five years, the university moved nine spots in the graduate studies rankings and four in undergraduate studies.

“The WashU community is key to this recognition. Across the university innovators and entrepreneurs come together and support one another in a way that is unmatched”, II Luscri, Assistant Vice Provost for Innovation & Entrepreneurship and Managing Director of the Skandalaris Center for Innovation and Entrepreneurship. “The Skandalaris Center is proud to do our part in supporting WashU founders and aspiring entrepreneurs at every stage of their entrepreneurial journey.”

The ranking comes on the heels of a No. 1 ranking in a first-of-its-kind analysis of MBA-level entrepreneurship programs published in early November by Inc. magazine and Poets & Quants.

Read more about the Princeton Review ranking on the Skandalaris Center’s blog.

WashU Olin Business School placed first globally for its MBA entrepreneurship program, according to a first-ever ranking of such programs from leading business magazine, Inc., released on Monday, October 28.

The magazine’s ranking, powered by Poets & Quants, evaluated a long list of statistics and program details—including metrics such as the percentage of recent graduates in startups or venture capital jobs, the number of entrepreneurship-oriented courses and funding raised at startups founded by recent MBA graduates.

After WashU Olin, Stanford, Babson College, the University of Michigan and ESADE rounded out the top five entrepreneurship programs in the Inc./P&Q ranking. Twenty-seven schools were included in this inaugural ranking, all but three US-based.

“It may come as little surprise that atop the list is the Olin Business School at Washington University in St. Louis,” the ranking’s authors wrote. “From 2016 to 2018, some 20.7% of Olin MBAs launched companies within three months of graduation — more than any other ranked school.”

Dean Mark P. Taylor lauded the results as good news for Olin students, prospective students and the alumni community.

“This ranking affirms the focus and priority we place on entrepreneurship at Olin,” Taylor said. “As always, our challenge is to maintain our momentum. Making entrepreneurship a key pillar of our strategic plan means we’re well-positioned to do so.”

Experiential focus

Olin’s 2018 strategic plan articulated four “pillars of excellence” defining the program we want to offer: entrepreneurial, values-based and data-driven, global and experiential.

“In eight months at Olin, I went from a loose idea to attracting paying customers and have now been running a profitable venture-backed company since graduation,” said Megan Berry, MArch ’15, MBA ’15, founder of By REVEAL, which creates customized pop-up boutiques for retailers looking to reach customers where they are.

The Inc./P&Q ranking comes on the heels of another analysis that offered good news for Olin: an independent review of Crunchbase business directory data showed WashU Olin had the world’s highest percentage of female startup founders among its alumni. Those Olin women secured the world’s highest average funding amounts for their startups.

“The entrepreneurial spirit runs deep here at Olin,” said Doug Villhard, professor of practice and academic director of the entrepreneurship platform. “All day long, we’re teaching people how to fall in love with problems—and how to do something about them. We have a unique ecosystem to support their work both on campus and in St. Louis.

Berry added: “I am tremendously grateful to Olin and cannot thank the faculty enough for their passion in developing the next generation of leaders and generosity in time and connections that are instrumental to budding entrepreneurs.”

Affirming our work

The ranking was particularly gratifying for Villhard’s predecessor, Cliff Holekamp, who launched the entrepreneurship platform at Olin 12 years ago and retired in June to focus on his venture capital company.

“With Dean Taylor’s arrival and the new strategic plan we developed, we made the conscious decision to move entrepreneurship from a subspecialty to a key part of the program,” Holekamp said. “The key to maintaining our ranking is recognizing that entrepreneurship and innovation is an educational foundation for all Olin students, not only the entrepreneurship majors.”

Villhard added: “We also like to practice what we teach in thinking innovatively and entrepreneurially, and many of the key strategic initiatives at Olin—such as our new global immersion MBA program—may be viewed as entrepreneurial in spirit.”

Inc. used an analysis of data gathered by Poets & Quants for the new ranking, which was based on surveys of educators at eligible schools. The 33-question survey gauged metrics such as seed funding available for student-launched startups, the percentage of students who take at least one entrepreneurship course and the percentage of student-run clubs. The magazine also looked at the amount of related faculty research and a survey of entrepreneurship directors ranking their top programs.

“To measure the best, we first consulted with entrepreneurship directors at some of the world’s top B-schools to come up with an authoritative approach,” the ranking authors wrote. “Those consultations resulted in a ranking that takes into account 10 metrics.”

Additional insights from the ranking

Where Olin ranked in specific categories: