The prestigious international publication, The Financial Times issued its “Global MBA Ranking 2016” and placed INCAE as the best MBA in Central and South America.

Regarding the percentage of salaries increase, INCAE is number 6 in the world, with a 145% growth. In addition, the business school headquartered in Costa Rica is among the top 15 schools in the world in three categories: Quality-Cost Relationship, International Experience of the program and Professional Career Development.

In terms of Quality-Cost relationship, INCAE is number 11 in the world. The criteria calculates the return over investment of the program; it measures the average wage three years upon graduation minus the cost of enrolment and additional expenses, and considers the length of the program. Good perspectives after graduating from the program show that investing in a master’s degree at INCAE makes a lot of sense.

The International Experience of the Program is calculated taking into account whether the 2015 Master’s degree participated in exchange programs, research projects, weeks of learning and practice in foreign countries. The extensive exchange program offered by INCAE and the MCP make a really positive contribution to this criteria.

Professional Career Development is measured by comparing promotions and the size of the company where the students work right after graduation and three years later. INCAE is part of an exclusive group together with Harvard Business School, Stanford Graduate School of Business, MIT Sloan and London School of Business.

The Global MBA Ranking of the Financial Times has two key sources of information: data provided by the schools (audits every three years) and surveys made to graduates. The 2016 ranking shows the answers of those who graduated three years ago (2012).

Considerations to build the ranking include: current average salary of students (20% of the total ranking), average salary increase that the surveyed students and graduates get (another 20%), how the schools are valued internationally (20%), research developed by the school (10%). The remaining 30% is distributed in criteria with less individual importance. For more information, click here.

The Financial Times ranking is one of the most important rankings of international business schools. Being classified among the top 100 is a sign of excellence, as there are many filters for the 3.000 business schools considered. Among them, INCAE’s MBA was number 83 in the global ranking.

Luis Umaña, Director of INCAE’s MBA said: “we are very happy to have climbed in the Financial Times ranking of the best MBAs of the world. We are getting closer to the place where we have to be. We are confident that the improvements applied during the past few years to the program and the ones we are implementing now will have a significant impact on the rankings as well as on the program.”

 “It is a great honour for staffingamericalatina to have a strategic ally as prestigious as INCAE. I am certain that we can contribute to employability and innovation in Latin America”, stated Martín Padulla, Founder & Managing Director of staffingamericalatina.