IBS-Moscow included on FT European Business School Rankings 2021

10 December 2021
IBS-Moscow included on FT European Business School Rankings 2021

The Financial Times has released its European Business Schools ranking 2021, ranking RANEPA Institute of Business Studies (IBS-Moscow) and two more Russian business schools alongside 95 best business schools in Europe.

The FT European ranking is based on combined results of Europe’s leading schools across program-specific rankings – MBA, Executive MBA, Masters in Management (MiM) as well as non-degree executive courses (professional growth). The methodology takes into account alumni career prospects and salaries, the quality of research, as well as the international and gender diversity of students, faculty and management.

Russia is represented by three universities including IBS-Moscow, the Graduate School of Management of St. Petersburg State University, and the Skolkovo School of Management.

Sergey Myasoedov, President of the Russian Association for Business Education (RABE), Vice-Rector of RANEPA, Director of IBS-Moscow:

“This past November has been exceptionally successful for Russian business education. Three top Russian business schools – IBS-Moscow RANEPA, Graduate School of Management (GSOM) St. Petersburg State University, and Skolkovo School of Management – have been placed on the FT European Business School Rankings.

“A month earlier, the IBS/Antwerp Management School EMBA program was 45th on the 2021 Financial Times Executive MBA Ranking. The joint IBS/Grenoble Ecole de Management program was also among the global Top 100, slightly lower down the list. Finally, the IBS RANEPA Executive MBA Program had for the first time in history climbed to the Top 50, taking 44th place. The Skolkovo Business School was also included in the ranking.

About a month ago, the Graduate School of Management of St. Petersburg State University rose to the highest level in international accreditation for business education: it was accredited by AACSB International, the world's oldest business school accreditation institution with a rigorous quality assurance system. GSOM became the second business school in Russia, after IBS-Moscow, to earn this recognition.

What do these developments imply? They mean Russia now has three good business schools, world-class business schools in all respects. Everyone is aware about the leading US business schools such as Harvard, Wharton, Stanford, and Kellogg. The best European business schools are also familiar to everybody – INCEAD (Fontainebleau), London Business School, HEC (Paris), IMD (Lausanne), IE (Madrid). Now, three leading schools in Russia are also on the list of the world's top business schools, followed by another couple dozen strong AMBA-accredited schools from all parts and regions of our country.

This achievement of Russian business education suggests that we can make friends, cooperate and compete on equal terms with the best university and non-university business schools in the world, launch joint research projects, create joint programs, and exchange professors. Let's hope that Russian business schools will be able to maintain high positions and even climb higher in the coming years.”

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