Wharton School has secured the top position in the Financial Times (FT) MBA Ranking, released on February 17, 2025. Indian School of Business (ISB), the top ranked Indian B-school, has been moved up to 27th spot, a jump from last year’s 31st ranking. Many other Indian B-schools have improved their rankings. However, in a major upset, Harvard Business School has fallen sharply in FT MBA Ranking 2025. Two US business schools — Wharton and Columbia — top the 2025 FT Global MBA Ranking, while five of the next six leading institutions are in Europe.