London Business School - equal 1st with University of Pennsylvania: Wharton
An MBA (Master of Business Administration) is a master's degree in business administration. The course is designed to approach all areas of business management, including accounting, finance, marketing and human resources, and typically enables students to focus on one particular discipline.
According to the 13th Global MBA Ranking by the Financial Times, the London Business School tops the list for the third year running - this time sharing the number one position with the Wharton School of the University of Pennsylvania.
Harvard Business School completes the top three.
A survey by the FT suggests that having an MBA can boost job prospects. Their findings show that 83% of those who graduated with an MBA in the last academic year found a job within three months of graduation.
Here is the FT's top ten schools to do an MBA:
1= London Business School - ranked in the top ten since 1999. This is an international business school located in central London, adjacent to Regent's Park, which is a constituent college of the University of London.
1= University of Pennsylvania: Wharton - an Ivy League university located in central Philadelphia, the site was established in 1881 with funding from Joseph Wharton, and the school has carried the name ever since.
3: Harvard Business School - this is the graduate business school of Harvard University, an institution that needs no introduction. Located in Boston, the business school offers full-time MBA programmes and also owns Harvard Business School Publishing, producer of business books, volumes and online management tools.
4= Insead - this international business school has campuses in France, Singapore and Abu Dhabi, along with a research centre in Israel. The school is highly ranked by other publications including Business Week, QS Global 200 Business Schools Report and Forbes.
4= Stanford University GSB - founded in 1925, Stanford Business School in California is said to be the most selective business school in the world, and has around 380 students per year in its full-time two-year MBA programme.
6: Hong Kong UST Business School - established in 1991, this business school is part of the Hong Kong University of Science and Technology and is ranked amongst the top business schools in Asia and Australia.
7: Columbia Business School - part of Columbia University in Manhattan, New York City, the business school was founded in 1916 to teach a variety of courses for both undergraduates and postgraduates. The business school is renowned for its close ties to Wall Street and is affiliated with 13 winners of the Nobel Prize in Economics.
8: IE Business School (Instituto de Empresa) - a graduate school located in Madrid, Spain. Founded in 1973, the school runs a variety of programmes including master's degrees, executive master's degrees, executive education programs, Ph.D. and DBAs. It has an international emphasis, with offices in 22 countries.
9= MIT Sloan School of Management - the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts. Its largest programme is the MBA which attracts students from over 60 countries.
9= IESE Business School (Instituto de Estudios Superiores de la Empresa) - the graduate business school of the University of Navarra in Barcelona, Spain, which also has campuses in Madrid, New York and Munich.