Manchester Business School has announced that it has been placed 29th in the world by The Financial Times in its ranking of the world’s leading business schools.

This rise means that Manchester’s 18-month full-time MBA programme is now placed 11th in Europe/ 10th EU and 5th in the UK, confirming its position as one of the world’s most rewarding programmes, a statement from the school said.

For the third consecutive year The FT also rates Manchester’s Doctoral programme as number one in the world.

The rise in the rankings reflects the excellent salary progression the school’s MBAs can achieve three years after completing the programme. They can expect a 111 per cent salary increase, according to FT. This is echoed in the school’s position as 3rd in the world for alumni achieving their aims.

Professor Michael Luger, dean of Manchester Business School, said: “We're immensely proud of our alumni who have achieved such outstanding career success since leaving us. In a tough economic climate investing in your career progression by taking one of the world’s best MBAs is a crucial decision and return on investment is key.”

“Manchester’s programme stretches our MBAs - both intellectually and practically. We invest significantly in the amount of client contact our MBAs experience throughout the 18-month programme, which is designed to ensure the original thinking they learn is applied to solve business challenges in the real world. So it’s gratifying to see The Financial Times recognises that such an intellectually stimulating programme is financially rewarding too.”

The Manchester Business School Middle East Centre at Dubai Knowledge Village is the largest in the school’s international network of six international executive centres outside the UK (Hong Kong, Singapore, Shanghai, Brazil, Miami and the UAE) and the Middle East student base has now grown to more than 1,300 part time MBA students.

The MBS Middle East Centre offers four pathways on the part time Global MBA programme – Global MBA (General), engineering learning pathway, finance learning pathway and the project management pathway. – TradeArabia News Service