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The 14 best business schools outside the US

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London Business SchoolMore than one-quarter of the top-50 schools on our sixth annual ranking of the best business schools are located outside of the US. So we compiled a second ranking featuring only international institutions. 

London Business School ranked No. 12 on our overall list of the best in the world, but it was the top-ranked international school, followed by France's INSEAD, which ranked 18th on our global list.

To determine our original ranking we looked at 60 perennially top-rated institutions that offer MBA programs and evaluated them based on the most recent data available on five metrics: reputation, average starting salary after graduation, job-placement rate, average GMAT score, and tuition and fees. Read a breakdown of the methodology here.

Here are the 14 best business schools based outside the US.

Editing by Alex Morrell with additional research by Andy Kiersz.

SEE ALSO: The 50 best business schools in the world

NOW READ: The 50 best colleges in America

14. Nanyang Technological University, Singapore — Nanyang Business School

Location: Singapore

Average starting salary: $80,300

Average GMAT score: 665

Nanyang's double MBA and master's degree programs allow students to earn a simultaneous degree from partner business schools, such as a second MBA from Waseda University in Tokyo or a master's in management from France's ESSEC Business School.

All students complete a weeklong Business Study Mission, locally or overseas, in which they attend seminars with industry leaders, meet with local business associations, and visit businesses. The study mission gives students an opportunity to build professional networks and apply what they learn in the classroom to real-world environments.



13. University of Toronto — Rotman School of Management

Location: Toronto, Canada

Average starting salary: $88,400

Average GMAT score: 663

The Rotman School of Management is the only Canadian MBA program on our list, offering students the best business reputation in the country. It draws recruiters from Toronto and beyond, including companies like the Royal Bank of Canada, Bain & Co., IBM, Microsoft, and Accenture, among others.

The school started its own venture incubator in 2012 called the Creative Destruction Lab, and Rotman MBA students are tasked with providing analysis and insight for the lab's startups. Its first cohort has generated more than $165 million in equity value.



12. China Europe International Business School — CEIBS

Location: Shanghai, China

Average starting salary: $76,200

Average GMAT score: 690

Shanghai is China's top economic and financial powerhouse, and CEIBS puts students in the heart of it all. Two-thirds of graduates stay in Shanghai, and 21% go into financial services. CEIBS, established in 1994, has been dubbed mainland China's leading business school for its global focus and wide variety of tailored electives.

The school also partners with Cornell, Johns Hopkins, and the Fletcher School of Law and Diplomacy for students who want to pursue degrees in hospitality management, health administration, and law, respectively.



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