The 2013 Financial Times masters in management (MiM) ranking features the top 70 programmes for students with little or no previous work experience. European business schools continue to dominate but this ninth edition includes a school from Australia for the first time and the first Russian school to feature in any FT ranking. The tables are based on a survey of schools and alumni who graduated in 2010.

The University of St Gallen in Switzerland is top for the third year running. It is first for value for money and aims achieved, second for the effectiveness of its career service and fifth for salary. Its cohort is one of the most internationally diverse, and the school is in the top 10 for student mobility and international exposure.

Graduates commend St Gallen for its strategic and entrepreneurial background, and value the alumni community. “This programme allowed me to join a very strong alumni network,” says Nina Kaspar, a consultant at Bain & Company in Singapore. “I made life-long friends… and the senior alumni are my mentors and support me in my career.”