Master in Management Financial Times Global Masters in Management 2017 Ranking 2017 The top 20 Masters in Management programmes 2017 2016 2015 Three-year average School name Country Programme name Alumni career progress Salary today (US$)* salary (US$) Weighted for money rank Value Careers progress rank Aims achieved (%) Placement success ranking Employed at three months (%) School diversity Female faculty (%) Female students (%) on board (%) Women International faculty (%) International students (%) International board (%) International mobility rank International course experience rank Languages Faculty with doctorates (%) Additional notes* Maximum course fee (local currency) Course length (months) Number enrolled 2016/17 Relevant degree Company internships (%) Rank in 2017

1 1 1 1 University of St. Gallen Switzerland MA in Strategy and International Management 114,449 114,449 13 67 92 1 97 (100) 16 40 38 80 91 50 2 2 1 100 SFr,9,978 26 55 Yes 100 1 RSM RANKING OVERVIEW 2 2 2 2 HEC Paris France HEC MSc in Management** 100,696 99,145 34 32 92 4 96 (91) 19 39 13 71 41 67 3 9 2 100 €,36,000 18 534 No 96 2 3 7 10 7 IE Business School Spain Master in Management 90,613 91,189 51 7 91 45 93 (87) 38 44 46 62 70 84 13 58 1 98 €,32,200 10 548 No 27 3 4 6 6 5 London Business School UK Masters in Management 86,896 85,262 57 49 92 8 95 (99) 24 41 39 85 97 72 1 59 1 100 £ 28,900 12 241 No 50 4 GLOBAL RANKING PROGRAMME 2012 2013 2014 2015 2016 2017 5 3 3 4 ESSEC Business School France/Singapore MSc in Management** 90,106 89,067 47 75 91 12 93 (68) 31 52 38 55 36 62 11 11 1 99 €,38,000 21 831 No 100 5 FT Full-time MBA Ranking MBA 30 33 39 45 42 31 6 4 7 6 ESCP Europe FR/UK/DE/ES/IT ESCP Europe Master in Management** 78,332 78,215 55 39 88 23 97 (91) 38 51 30 76 83 52 14 6 2 98 €,35,800 18 870 No 100 6 FT Executive MBA Ranking EMBA 41 48 61 60 54 51 7 9 8 8 WHU Beisheim Germany MSc in Management 108,590 106,172 30 79 92 2 96 (99) 25 36 12 31 27 12 55 38 0 100 €,23,600 20 100 Yes 100 7 FT Executive MBA Ranking OneMBA 24 27 38 24 29 35 8 9 12 10 ESADE Business School Spain MSc in International Management 74,544 74,869 45 9 89 18 94 (90) 37 34 32 39 92 84 4 47 1 92 €,25,800 13 130 Yes 38 8 RANKED FT Executive Education Ranking Exec. Ed. 51 56 72 68 65 66 FT MSc Ranking MSc 7 5 8 5 5 5 9 - 4 - CEMS See footnote*** CEMS Masters in International Management 76,102 76,333 29 23 90 16 98 (60) 34 49 34 36 50 95 6 4 2 93 €,11,365 12 1,243 No 100 9 AMONG THE TOP 10 11 9 10 Università Bocconi Italy MSc in International Management 74,888 75,423 48 14 89 5 98 (52) 39 40 23 35 36 73 10 17 1 97 €,25,412 28 143 No 100 10 EUROPEAN RANKING PROGRAMME 2012 2013 2014 2015 2016 2017 11 5 5 7 Rotterdam School of Management, Erasmus University Netherlands MSc in International Management/CEMS 79,248 79,248 20 22 89 30 87 (94) 22 52 26 52 66 30 9 15 2 100 € 24,900 19 65 Yes 60 11

FT Full-time MBA Ranking MBA 10 12 12 16 16 11 12 14 14 13 University of Mannheim Germany Mannheim Master in Management 93,881 93,478 11 48 91 17 96 (81) 34 45 20 24 28 20 63 27 0 85 €,557 32 308 No 93 12

FT Executive MBA Ranking EMBA 19 24 27 29 27 26 13 8 13 11 WU (Vienna University of Economics Austria Master in International Management 71,005 71,005 18 34 91 24 95 (100) 38 45 42 28 59 58 12 13 2 96 €,2,907 24 71 Yes 100 13

FT Executive MBA Ranking OneMBA 19 15 18 18 16 19 and Business) 14 20 19 18 Imperial College Business School UK MSc in Management 66,454 66,276 83 12 88 22 93 (86) 31 53 40 94 85 67 20 72 0 100 £ 26,000 14 178 No 33 14 Rotterdam School of Management, FT Executive Education Ranking Exec. Ed. 24 25 32 30 29 36 Erasmus University (RSM) FT MSc Ranking MSc 7 5 8 5 5 11 15 22 - - University College Dublin: Smurfit Ireland MSc in International Management 68,905 68,905 33 77 91 19 86 (73) 38 42 22 50 81 56 7 23 2 100 €,17,900 13 43 Yes 100 15 consistently achieves a top position FT European Business School Ranking All 9 10 11 13 10 9 16 15 18 16 EDHEC Business School France Edhec Master in Management** 69,675 68,708 61 54 86 13 97 (87) 39 49 42 47 44 84 19 18 2 90 €,27,800 28 979 No 100 16 17 17 31 22 Nova School of Business and Economics Portugal International Masters in Management 54,386 56,067 35 13 88 34 92 (99) 35 50 29 33 69 29 15 16 2 100 €,16,300 20 159 No 66 17 in programme and school rankings. 18 38 24 27 City University: Cass UK MSc in Management 71,201 71,201 68 11 85 54 73 (87) 25 53 50 71 95 50 38 77 0 94 £ 23,000 13 131 No 0 18 19 30 21 23 HEC Lausanne Switzerland MSc in Management 74,710 74,710 9 16 84 73 91 (80) 23 44 22 80 62 44 26 61 1 100 SFr,2,520 24 184 Yes 86 19

In its 2017 European Business School ranking, the Financial Times The Financial Times, responsible for 20 21 17 19 HHL Leipzig Graduate School of Management Germany MSc in Management 99,047 99,047 39 63 91 7 91 (97) 20 25 32 17 42 47 79 35 1 100 €,25,000 22 55 Yes 100 20 placed RSM among the top 10 schools in Europe. The Erasmus Ranking 2017 the world’s leading academic rankings Research Institute for Management (ERIM) also ranks among the guide, publishes four rankings annually: Footnotes top 10 research institutes in Europe according to the CWTS Leiden MSc, MBA, Executive MBA and Executive Education. Its main focus is Ranking. on career progress and internationalism. Alumni, companies and the * Data in these columns are for information only and are not used in the ** Grande École programme school are surveyed for these rankings. rankings. *** The CEMS programme has more than 30 member schools worldwide. Since 2008, RSM has endorsed the Principles for Responsible Some 230 points separate the top programme, University of St. Gallen, ‡ Limited access at master level. Undergraduate degree in management, Management Education, a UN-based global initiative developed from the school ranked number 95. The top 13 participants, from business or economics required. to promote corporate responsibility and sustainability in business University of St. Gallen to WU (Vienna University of Economics and education. Business), form the top group of Masters in Management providers. The second group, headed by Imperial College Business School, spans schools ranked 14th to 45th. The third group includes 38 schools, from Queen's University: Smith at 46th to University of Exeter Business School in 83rd RSM - a force for positive change place. The remaining 12 schools headed by Politecnico di Milano School of Management make up the fourth group. WWW.RSM.NL/RANKINGS Bachelor IBA(BScIBA)andMaster(MSc)programmepagesatRSM.nl about ourconsultinghourscanbefoundontheContactUspageat During someperiodsdifferenttimesapply. Themostup-to-dateinformation Tel: +31(0)104081280 13:00 –15:00(CET) Monday throughFriday Telephone consultinghours: The Netherlands 3062 PA Rotterdam Burgemeester Oudlaan50 Erasmus University Rotterdam SchoolofManagement photocopying, recordingor otherwisewithoutwrittenpermissionfromRSM. reproduced, storedinaretrieval system,ortransmittedinanyformbymeans, electronic,mechanical, or any other matter announced in this publication without further notice. No part of this publication may be correct asofFebruary2018, butRSM reservestherighttomake changesaffectingpolicies,fees,curricula, © 2018RotterdamSchoolofManagement,Erasmus University. The informationinthispublicationis Member of Accredited by www.rsm.nl www.rsm.nl/bsciba www.rsm.nl/master

1802. panart.nl Key tothetable 15= 15= 15= ** * ‡ † # 19 18 14 13 12 11 10 20 9 8 7 6 5 4 3 2 1 Rank 2017 Underlying scorebasedonproportion oftotalscore. School participatedinthisrankingon thebasisofajointprogrammeonly. School wasrankedoutsidethefinalranking tablein2017. given Data areprovidedforinformationonly. Mostrecentlypublisheddataare Salary increasefromgraduation. schools withmorethanoneprogramme ranked. Figure inbracketsreferstodatafromseparatejoint-programmefor 15 21 26 22 19 14 12 11 13 10 16 9 6 8 6 3 5 4 2 1 Rank 2016 15 16 21 19 18 25 11 10 14 13 12 9 5 8 7 3 4 5 2 1 Rank 2015 Ranking 2017 European BusinessSchools 16 18 21 19 17 18 12 11 13 11 16 9 6 8 6 4 4 4 2 1 Three-year average rank Vlerick BusinessSchool ESMT Berlin City University:Cass Warwick BusinessSchool Mannheim BusinessSchool/Universityof EDHEC BusinessSchool ESCP Europe University ofOxford:Saïd University ofCambridge:Judge IMD Rotterdam SchoolofManagement,ErasmusUniversity ESADE BusinessSchool IESE BusinessSchool SDA Bocconi/UniversitaBocconi INSEAD University ofSt.Gallen IE BusinessSchool HEC Paris Imperial CollegeBusinessSchool London BusinessSchool Business school (based on2017FTrankings) The top20graduatebusinessschoolsinEurope Belgium Germany UK UK Germany France FR/GB/DE/ES/IT UK UK Switzerland Netherlands Spain Spain Italy France Switzerland Spain France UK UK Country

MBA 2017 30 20 13 15 18 23 12 11 19 16 2 8 6 5 9 1 4 7 3 European rank 108,360 127,110 112,702 113,829 113,502 139,235 164,462 154,511 120,625 146,127 147,596 129,064 167,657 119,861 168,923 132,073 112,865 154,567 Salary today (US$) 97,960 107 116 133 120 108 Salary increase (%) 72 68 85 74 73 77 87 81 98 95 66 99 72 92

EMBA 2017 # (23)** (24)**

11 (1)(3) 38 16 14 13 45 10 15 20** 33 22 21 26 (17) 5 (2) 7 6 8 9 4** European rank 124,769 189,046 179,463 159,464 (189,172) (161,120) 122,408 234,080 242,985 217,072 273,151 134,538 (209,717) 208,950 261,150 163,053 281,892 (316,057) 182,226 243,273 328,277 144,411 222,466 (319,032)(254,208) Salary today (US$) 59 53 75 92 (48) (49) 39 62 75 78 49 61 (69) 34 72 44 48 (58) 47 52 52 58 55 (78)(86) Salary increase (%)†

Masters in Management 2017† 35 17 20 11 15 10 13 6 8 9 1 3 2 4 European rank 114,449 62,633 71,201 60,970 93,478 68,708 78,215 79,248 74,869 75,423 91,189 99,145 66,276 85,262 Salary today (US$) 45 95 84 59 47 50 40 74 57 67 78 73 63 63 Salary increase (%)†

Executive Education 2017

Open programmes 17 19 13 12 29 16 14 5 3 1 7 2 4 9 8 6

Customised programmes 16 28 23 11 13 14 24 31 15 19 33 7 9 2 1 3 6 5 4

Faculty ‡ 29 21 25 34 34 39 38 17 22 14 22 37 27 39 18 16 38 19 31 24 Female faculty (%) 32 79 80 80 24 47 76 59 73 95 52 39 79 33 95 80 63 71 95 85 International faculty (%) 100 100 100 100 100 100 100 100 100 100 95 94 85 90 98 96 92 97 98 98 Faculty with doctorate (%) 18 15 15 15 14 13 12 11 10 20 19 9 8 7 6 5 4 3 2 1 Rank 2017