Financial Times released its ranking European Business Schools 2018. Graduate School of management of Saint-Petersburg University is ranked 52^nd. It is the best result since 2013 when the School was included in FT ranking for the first time.

 

 

Commenting on the results, GSOM SPbU Director General, President and Chairman of VTB Bank Management Board Andrey L. Kostin noted that the stable GSOM SPbU score in this prestigious international ranking is the result of the correct strategy for the development of the School and effective interaction with academic and corporate partners.

 

Head of School Konstantin V. Krotov said that position in the ranking is not only a privilege, but also a responsibility. “We understand that we, as leaders, have a responsibility for the development of business education in our country. It should be changed from transfer to the creation and reflection of its own advanced management practices. This will help us to study new managerial tasks and to spread new managerial practices that will ensure the economic breakthrough of Russia.”

 

A total of 95 business schools were included in the Financial Times ranking this year. They were evaluated on the basis of their positions in four separate ratings – Master programs ranking (Master in Management), MBA (Master of Business Administration), Executive MBA (Executive MBA) and corporate programs (Executive Education). Three criteria were taken into account: position among European schools, the average salary of graduates three years after graduation and average difference in alumni salary between three years after graduation. In addition, authors took into account the percentage of female faculty (53% in GSOM SPbU), international faculty (4%) and faculty with doctorate (94%).

 

GSOM SPbU is present in the ranking thanks to the Masters in Management program, which for the second year in a row is on the 23rd place in the world ranking and on the 20th in Europe. In addition, the performance of Executive MBA GSOM SPbU graduates improved this year: the average salary of GSOM SPbU EMBA graduates this year is $128,676 and the difference in salary three years after graduation is 44%.