Portugal reaffirmed its status as ‘maker of managers’ for another year, with three national schools included in the programme Masters in Management Ranking 2023 from the Financial Times (FT). The British newspaper’s list, which distinguishes the hundred best master’s programs in the world, placed the curriculum program of Nova School of Business & Economics (Nova SBE) in the top 15, with an emphasis on the Católica Lisbon School of Business (Católica-Lisbon) and ISCTE Business School.
The FT is based on 18 indicators to classify the quality of the master’s program and the school in three main dimensions: graduates’ career progression, school diversity and international experience. In these areas, criteria such as salary increase after training, the current salary of alumni and the percentage of female, international teachers with a doctorate apply.
Of the three schools, Nova SBE stands out the most: it retained the 15th position in the ranking, having achieved this last year, after rising by eight places. Compared to 2022, the master’s degree program at the University of Carcavelos registered a 25% improvement in the indicator related to annual salary, the level of employability after three months increased to 97% and ranked eighth on the area of the ecological footprint. Furthermore, it ranked 13th in the international labor mobility criteria.
“The consolidation of Nova SBE’s international vocation is a reality and we cannot be more proud of the path we have taken,” said Pedro Oliveira, director of the institution, quoted in a statement.
Although not the only one that stands out, the leader emphasizes the possibility of creating “an educational cluster” among the main Portuguese business schools, highlighting the “fundamental role” they play “in changing the mindset and educating young people and executives, with the skills necessary for business success and a more strategic and informed vision of what needs to be done.”
Católica moves up two places in the top 30
Present in ranking Now a member of the Financial Times for 13 years, the Master’s degree program in Management from the Católica Lisbon School of Business and Economics reaffirmed itself among the 30 best in the world in 2023, rising two steps to 26th position – the highest ever. Since 2021, this university in Lisbon has increased 19 positions.
The employability rate of over 90% in the three months after obtaining the master’s degree, the high share of international teachers (40%) and students (93%), as well as the average salary increase of 55% in three years, are among the most important factors that have contributed to the results of the business school.
The ranking in the recently introduced Sustainability Criteria (ESG), which assesses the proportion of teaching hours devoted to ethical, social, environmental and governance issues, also helped: Católica-Lisbon ranked among the top in this area 30 in the world and achieved the best ranking at national level.
“This result inspires us to do more and better to train a new generation of leaders capable of promoting innovation and having a positive impact on companies and society,” says Filipe Santos, Dean of the Católica Lisbon School of Business and Economics, cited in Communicated.
The place won this year “confirms the strategy of asserting ourselves through the quality and accuracy of our knowledge and teaching, attracting the best teachers and students and being currently one of the best management schools in the world”, adds the university leader.
ISCTE Business School was the one that increased the most
In 2021, it occupied the 86th position in the Masters in Management Ranking from the Financial Times. Now the ISCTE Business School curriculum is considered the 62nd best in the world. This is an increase of 24 places since then, which was reflected in an increase of 12 places this year alone, making it the Portuguese institution that has risen the most on the list.
In a more refined analysis, the FT placed this university’s Master’s program in Management in the top 10 in terms of salary development for its masters (10th place, together with HEC Paris) and in the top 25 worldwide in terms of value for money. ratio of the program in question – at the national level it was the school that achieved the best classification in this indicator.
“The increase of 12 positions reflects our commitment to students, faculty, staff and partners and consolidates ISCTE Business School’s international reputation as a reference school for those looking for excellent education and career development,” says Maria João Cortinhal, Director of ISCTE Business School, quoted in a statement.
The director also emphasizes her pride in being “a leader in Portugal and among the best worldwide in terms of percentage salary increase” of graduates, as well as in the quality-price ratio of the master’s degree. “These achievements reflect the excellence we strive for every day and solidify our prominent place” in the ranking of the FT, he concludes.
Globally, the FT list is topped by HEC Paris (France), University of St Gallen (Switzerland), London Business School (United Kingdom), ESCP Business School (France) and Essec Business School (France). In terms of participation, France is the country with the most schools in the top hundred (19) and Spain and Italy have five and three master’s programs represented respectively.
Dinheiro Vivo journalist
Source: DN
