This is the 22nd annual Financial Times ranking of European business schools. It is a composite ranking based on the combined performance of Europe’s leading schools across five rankings of programmes published by the FT in 2025: Masters in Management (MiM); MBA; Executive MBA (EMBA); and the two rankings of non-degree executive education courses. The Online MBA and Masters in Finance rankings are not included.
The European business school rank is calculated after removing non-European schools from each of these individual rankings. MiM, MBA and EMBA account for 25 per cent of each school’s total performance. For Executive Education, the scores obtained for custom and open courses each account for 12.5 per cent. Schools must have a minimum total weight of 25 out of the possible 100 (from all five rankings) to be eligible, so need at least one masters programme or two executive courses to qualify.
Schools ranked with a joint programme receive a proportional share of the programme’s indexed score. For example, Essec gets 50 per cent of the score achieved by its joint EMBA programme with Mannheim — worth 12.5 per cent of the possible 100 total weight.