Financial TimesIE shares the No. 1 position with French business school, HEC. The ranking is published on an annual basis and is based on results achieved by leading European business schools in FT’s partial rankings of MBA, Executive MBA, Masters in Management and Executive Education programs, published throughout the year. Hence IE Business School has maintained the position of No. 1 in Europe that it achieved in the same ranking in 2012, thereby consolidating its position among the top schools in the world.

In order to prepare its “ranking of rankings” Financial Times employs criteria that include international reach of the school and its programs, career and salary progression of business school graduates, fulfillment of expectations of students and client firms, and levels of research.

This week has also seen the publication of the QS Global Business Schools Report 2013/14, which ranks IE Business School as No. 1 in Europe and No. 4 in the world for entrepreneurship, after Harvard, Stanford and Wharton. The ranking, drawn up by UK consultancy firm QS, is based on the opinions of over 4,300 recruiters who hire MBA graduates.

The authors of the QS Global Business Schools Report underscore the fact that MBA employers are increasingly placing an emphasis on the entrepreneurial talents of their new hires. Employers value the talents of graduates who can, in tough economic times, develop fresh sources of revenue, while the graduates themselves find greater security in testing their entrepreneurial ideas with the financial backing of their employers.