FESS News

MBA.SU's XIV People's Ranking of Russian Business Schools (2023)

09 September 2023

In the September issue of "Business Excellence" magazine, the XIV People's Ranking of Russian Business Schools - 2023 was published, compiled by MBA.SU based on a survey of MBA and EMBA program graduates.

In 2022 and 2023, the Center for International MBA Programs at the Faculty of Economics and Social Sciences of the Russian Presidential Academy of National Economy and Public Administration (RANEPA) consistently ranks in the top-5 of the best Russian business schools, according to the People's Ranking of Russian business schools by MBA.SU.

The study by the internet portal MBA.SU, presenting the top-30 Russian business schools, is based exclusively on a survey of MBA and Executive MBA program graduates. The ranking results reflect their satisfaction with the education. The first People's Ranking by MBA.SU was compiled in 2010 and has been published annually since then. It is independent and reflects the current situation in business education with a high degree of objectivity.

In the 2023 survey, 928 people who studied at 39 business schools in ten regions of Russia and representing at least 95% of today's national MBA and EMBA program market participated. The survey was conducted with the assistance of business school alumni associations and the Russian Association of Business Education (RABE). The shortlist of the XIV People's Ranking includes business schools from which at least 20 questionnaires were received.

The survey involved graduates of MBA programs of varying costs – from inexpensive online to premium full-time programs. The price of the program is not an unconditional indicator of its quality - more important is the role of more competent and highly paid teachers, as well as a wider assortment of courses and training.

Income and Career Trajectory:

According to the survey, the incomes of mid-level managers after completing the MBA program increased by an average of 52%, senior managers – by 48%, and business owners – by 91% (fig. 1). It should be noted that there was no decrease in earnings among the participants.

Figure 1. How business school education affected income growth two years after completing the course. Source: MBA.SU

The increase in income of graduates is often accompanied by a rise in their job status. The greatest career growth was shown by mid-level managers – 55%, and line managers – 54% (fig. 2).

Figure 2. How business school education changed the job status of the participant. Source: MBA.SU

The audience structure of MBA graduates after training has significantly changed, especially in the categories of senior and mid-level managers. The proportion of the former increased, while the latter decreased due to the transition to a higher status.

Figure 3. MBA Audience Structure. Source: MBA.SU

Figure 4. Top-5 Business Schools by Evaluation Criteria (within the same values, schools are listed alphabetically). Source: MBA.SU

XIV People's Ranking of Russian Business Schools MBA.SU (2023)

Note: The ranking takes into account the assessments of MBA and Executive MBA program graduates regardless of the form of training (full-time, part-time, modular, blended, distance, etc.). Therefore, any possible interpretations of the results will inherently be incorrect.

Place in 2023-2022 гг.	Business School	Sum of points	income growth (max10)	career (max10)	usefulness of connections (max 3,3)	personal and professional development (max 6,7)
1 / 1	Institute of Business and Business Administration of the Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA)	22,43	5,61	7,68	2,61	6,53
1 / 1	Moscow School of Management "Skolkovo"	22,40	5,67	7,50	2,68	6,55
1 / 1	Business school IMISP (SPB)	22,37	5,56	7,60	2,64	6,57
1 / 1	Graduate School of Management of St. Petersburg State University (SPB)	22,33	5,61	7,61	2,64	6,47
1 / 1	International MBA Programs Center FESS RANEPA	22,29	5,50	7,65	2,63	6,51
2 / 2	Moscow International Higher Business School MIRBIS	21,93	5,50	7,46	2,48	6,49
2 / 2	Higher School of Business National Research University Higher School of Economics	21,88	5,50	7,61	2,38	6,39
2 / 2	Graduate School of Business of Kazan Federal University (Kazan)	21,88	5,40	7,54	2,51	6,43
2 / 2	Higher School of Corporate Governance RANEPA	21,86	5,50	7,53	2,51	6,32
2 / 2	School of IT Management of the Institute EMIT RANEPA	21,82	5,77	7,54	2,23	6,28
2 / 2	Graduate School of Business of the State University of Management	21,79	5,50	7,44	2,48	6,37
3 / 3	Business School of the Ural Federal University named after. the first President of Russia B.N. Yeltsin (EKB)	21,70	5,42	7,40	2,60	6,28
3 / 4	AMI Business School (SPB)	21,67	5,40	7,33	2,57	6,37
3 / 3	Higher School of Finance and Management RANEPA	21,65	5,27	7,50	2,55	6,33
3 / 3	School of Business and International Competences of the Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs of Russia	21,64	5,17	7,57	2,58	6,32
4 / 3	Faculty of Economics, Moscow State University. M.V.Lomonosova	21,29	5,24	7,31	2,45	6,29
4 / 5	Academy of Management School of Economics and Management Far Eastern Federal University	21,27	4,83	7,43	2,63	6,38
4 / 4	Institute of Public Service and Management RANEPA	21,25	5,15	7,41	2,43	6,26
4 / 5	Plekhanov School of Business "Integral" of the Russian Economic University. G.V. Plekhanov	21,20	5,15	7,38	2,39	6,28
4 / 4	Institute of Business Administration and Business of the State University of Management	21,16	5,09	7,36	2,43	6,28
5 / 5	Banking Institute of the National Research University Higher School of Economics	20,44	4,85	7,23	2,18	6,18
5 / 6	Higher Economic School of St. Petersburg State University of Economics	20,43	4,63	7,06	2,40	6,34
5 / 5	International Business School of the Financial University under the Government of the Russian Federation	20,43	4,53	7,23	2,45	6,22
5 / 6	Baltic State Technical University "VOENMECH" named after. D.F.Ustinova (St. Petersburg)	20,40	4,57	7,24	2,45	6,14
6 / 6	Graduate School of Business, Novosibirsk State University of Economics and Management (Novosibirsk)	20,32	4,61	7,30	2,38	6,03
6 / 4	Academy of Technologies of Trust (formerly PwC Academy)	20,31	4,57	7,45	2,45	5,84
6 / -	Russian School of Management	20,27	4,29	7,43	2,38	6,17
7 / 10	Faculty of International Business of the All-Russian Academy of Foreign Trade	20,20	4,56	7,07	2,33	6,24
7 / 8	Graduate School of International Business of Samara University (Samara)	20,16	4,30	7,44	2,39	6,03
7 / 9	City Business School	20,11	4,29	7,29	2,21	6,32

Source

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