For the second time in a row, Stanford Graduate School of Business has captured the number one position in the Financial Times Global MBA Ranking. According to the ranking, the top ten MBA programs of 2019 are:

1. Stanford Graduate School of Business
2. Harvard Business School
3. INSEAD
4. University of Pennsylvania Wharton School
5. CEIBS
6. London Business School
7. University of Chicago Booth School of Business
8. MIT Sloan School of Management
9. Columbia Business School
10. University of California, Berkeley Haas School of Business

FT includes a variety of data points in its methodology, among which salary is the most important. Average alum salary three years after graduation and average pre-MBA to post-MBA salary increase each account for 20 percent of a school’s score.

Faculty research is also a key factor in FT’s rankings, accounting for 10 percent of a school’s score. FT ranks research output by looking at both a school’s absolute number of papers in a sample of journals and its relative number adjusted for faculty size.

Other important factors include graduates’ international mobility (6 percent of a school’s score) and the portion of full-time faculty with doctorates (5 percent).