This year, there are five Portuguese business schools among the 55 that make up the Financial Times ranking dedicated to Masters in Finance. The list is led by five French institutions, after being evaluated on 17 indicators, in various dimensions.
In the global ranking, the Portuguese institution with the best classification is Nova SBE, in 9th place in Europe and 11th in the world, having risen four positions in the European evaluation and three in the world. However, in the employability indicator, ISEG stands out, in 1st place in the world, for being able to place all its graduates in less than 3 months.
The Nova School of Business & Economics guarantees 99% of employability within 3 months, with an estimated salary of US$104,000 per year, an increase of 15% over the previous year, the institution says in a statement.
The school is part of the “elite group” of the Top 10 of the “best European Masters” in Finance, an evolution that takes Daniel Traça, dean from Nova SBE, commenting: “The results of this ranking are proof that Nova SBE’s ambition to become a Top 10 school in the ranking of the Financial Times is possible. That was the commitment we made to Portuguese society and we are fulfilling it. Our commitment to grow, to internationalize and to transform to the skills of the future is generating excellent results”.
Another usual school in ranking is the Católica-Lisbon School of Business & Economics, the Portuguese school with the second best overall ranking, having climbed six positions and ranked 17th in the world in terms of offering Masters in Finance.
In terms of salary progression, Católica graduates saw their average salary increase by 73% in the first three years, which places the institution in the Top 4 worldwide in this category. And it is in 8th position worldwide in terms of career progression, the school says in a statement. Regarding employability, 95% of graduates “have a job up to 3 months after the end of the program”.
According to Filipe Santos, dean of Católica-Lisbon, “it is remarkable” the rise of the school in the rankings, “reaching the world’s top quality in just 4 years”. We will continue our mission of welcoming the best students from Portugal and across Europe to provide them with a truly international career in Finance, with a solid analytical and ethical background, and with a positive impact on society”, he added.
In terms of remuneration, the ISEG-Lisbon School of Economics & Management, which in the general ranking was established in 34th position, was in the Top 15 worldwide for salary increases, with an increase of around 62%. According to the institution, it was the “tenth best cost-benefit ratio, allowing students to quickly recover their academic investment”.
Clara Raposo, dean from ISEG, attributes the performance achieved “to the enormous quality” of the programs, “but also to the tireless work to ensure” that they attract “the best students, in Portugal and in the world”, and that prepare them to “be pioneers (… ) in charge of the economy of the future”.
O ranking of the Financial Times has two more Portuguese institutions: the ISCTE Business School, in the 41st position, when in the previous edition it was in the 51st, and the Faculty of Economics of the University of Porto, whose master’s degree in Finance entered for the first time in the list, occupying the 49th place.
In a statement, the FEP highlights the fact that the course in question was considered the “seventh best in the world in terms of return on academic investment”. For the director of FEP, José Varejão, the presence of the academy in the ranking “is the result of the work that the entire school has been doing, particularly in the field of internationalization. It is yet another recognition that encourages us to work towards continuing to provide our students with a solid academic background and to create talent and impact on society”.