Graduate School of Management of St. Petersburg University has improved its position in FT rankings

St. Petersburg State University has improved its position in Financial Times European Business School ranking 2020, published on December 7, 2020. Graduate School of Management SPbU (GSOM SPbU) took a record 51st position in the overall European ranking, having risen by eight points compared to last year.

Graduate School of Management (GSOM SPbU) is the only Russian business school that is included in Financial Times ranking and has prestigious international accreditations AMBA and EQUIS. GSOM SPbU develops a full spectrum of degree programs in management: Bachelor, Master, Doctoral programs, Executive ??? as well as corporate training programs. All these programs are designed and delivered (many of them in English) in collaboration with leading international business schools. 

“15 years ago President of the Russian Federation Vladimir Putin initiated the priority national project “Education” and set the task of creating a world-class Russian business school to train leaders capable of solving global economic problems and increasing the competitiveness of individual sectors of the economy. The steady improvement of GSOM SPbU position in the ranking is an indicator of our compliance with this course, confirmation of the fruitful work of the university team and independent assessment of students and alumni success. We are delighted with the high result and are ready to pursue new ambitious goals,” said Nikolay Kropachev, Rector of Saint Petersburg State University.

Financial Times evaluates educational institutions on the basis of positions in individual rankings — Master’s, Executive MBA and MBA programs, as well as corporate programs. This year Executive MBA program of St. Petersburg State University got into the top 100 of Financial Times Executive MBA Ranking 2020 for the first time, which contributed to the growth of St. Petersburg State University in the overall ranking of European business schools. 

“Graduate School of Management of St. Petersburg University constantly updates educational programs so that our alumni are in demand in the labour market, and leading employers from all over the world would like to have such specialists. The ranking results are an indicator that we are going in the right direction. One of the key goals of a new development strategy of GSOM SPbU is to get into the top 30 of all-European FT ranking by 2025. We want to be not only close, but on a par with the leading business schools in Europe to create knowledge, develop leaders and change the world for the better,” said Olga Dergunova, Director of Graduate School of Management and Deputy President and Chairman of VTB Bank Management Board.

Financial Times analyses educational programs based on data obtained from business schools and through surveys of alumni. The final place in the ranking is influenced by such criteria as the average income level, salary and career growth of alumni within three years after the end of the program, the degree of international academic mobility, the level of scientific research at the school, the percentage of faculty with a scientific degree, and others. Rankings of the international business newspaper Financial Times, published in more than 20 countries around the world, are a generally accepted indicator of the quality of a business school or a program.