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Global MBA Rankings 2019

Top MBAs in selected categories

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Global MBA Ranking 2019

	Rank in 2019	Rank in 2018	Rank in 2017	3 yr. rank	School name	Country	Audit year^[1]	Salary today($)^[2]	Weighted salary($)^[3]	Salary increase(%)^[4]	Value^[5]	Careers^[6]	Aims achieved (%)	Careers service rank	Employment^[7]	Recommends^[8]	Female faculty(%)^[9]	Female students(%)^[10]	Wom. Board	Int. faculty(%)^[11]	Int. students(%)^[12]	Int. board(%)^[13]	Int. mobility^[14]	Int. course^[15]	Languages^[16]	PhD faculty^[17]	Research^[18]	CSR rank
	1	1	2	12	Stanford Graduate School of Business	US	20150	224,62811,392	228,07413,332	12915	6010	13	902	238	88 (98)1	20	231	411	294	392	421	283	616	4210	00	891	32	60
	2	5	4	40	Harvard Business School	US	20180	204,35014,975	205,48613,353	11210	7313	43	880	144	89 (100)0	10	280	411	481	361	371	190	520	302	00	893	115	25
	3	2	1	21	Insead	France / Singapore	20150	180,5273,426	179,6612,504	1041	60	234	892	4321	81 (97)1	60	193	333	325	931	970	861	42	42	20	971	2011	3
	4	3	3	30	University of Pennsylvania: Wharton	US	20180	199,8838,733	197,2676,441	11418	953	3215	891	172	95 (95)2	51	250	431	170	380	360	502	371	510	00	981	10	48
	5	8	11	84	Ceibs	China	20195	177,12612,233	174,11511,257	18315	381	1211	862	609	93 (100)1	342	284	400	236	621	313	544	387	112	10	1000	697	45
	6	4	6	51	London Business School	UK	20150	169,9882,337	169,6751,778	1027	899	138	901	424	94 (99)1	41	263	401	508	803	911	6210	82	70	01	981	1017	32
	7	6	9	71	University of Chicago: Booth	US	20170	187,62910,628	185,86111,708	1268	793	411	901	23	96 (97)1	90	160	422	151	301	423	363	4512	773	00	961	46	31
	8	9	13	100	MIT: Sloan	US	20195	186,08112,867	188,17315,078	1079	914	291	901	489	95 (99)1	30	232	420	225	423	527	521	486	597	00	990	43	24
	9	7	7	81	Columbia Business School	US	20195	185,1487,648	184,0996,419	11411	867	288	901	193	90 (92)1	80	182	392	150	560	482	332	461	675	00	951	72	38
	10	10	13	111	University of California at Berkeley: Haas	US	20170	184,38812,117	188,74612,579	1040	762	2015	912	123	93 (98)3	101	202	433	292	530	425	61	536	6316	00	1000	94	79
	11	15	15	142	Yale School of Management	US	20180	173,2365,545	172,5476,089	1217	852	508	890	331	90 (99)1	130	264	430	221	442	450	421	544	220	00	1001	3213	4
	12	11	10	111	Iese Business School	Spain	20195	150,4172,027	151,0762,596	1282	921	168	870	468	94 (92)1	190	290	266	302	723	852	933	135	107	01	1000	584	2
	13	27	33	245	University of Oxford: Saïd	UK	20180	161,64615,056	161,44315,906	11819	511	1011	891	7115	91 (89)11	330	235	392	402	655	923	636	180	734	00	1000	536	13
	14	12	12	131	Northwestern University: Kellogg	US	20195	172,6053,787	170,8302,222	994	995	2115	901	89	92 (100)1	70	240	453	280	445	431	235	562	415	00	1000	181	28
	15	16	18	163	Dartmouth College: Tuck	US	20180	176,9864,251	173,6362,930	1144	881	564	900	102	92 (100)0	151	232	451	296	330	361	411	502	251	00	930	189	72
	16	13	5	112	University of Cambridge: Judge	UK	20170	164,636838	163,5081,365	982	30	92	890	269	86 (95)3	421	191	372	326	746	931	265	1010	702	00	971	414	49
	17	18	26	205	National University of Singapore Business School	Singapore	20160	153,2169,139	153,2169,299	1313	320	6225	893	813	94 (92)2	361	291	352	294	601	881	299	168	144	00	901	2718	43
	18	14	15	162	HKUST Business School	China	20160	159,7581,760	156,2021,917	1084	3311	610	882	8411	89 (87)0	391	283	302	240	551	682	470	114	83	10	983	278	92
	19	21	20	201	HEC Paris	France	20195	142,9208,988	142,6226,764	1061	360	2222	851	872	93 (92)0	175	190	323	4027	702	930	9023	30	277	20	1000	247	52
	19	19	24	210	Duke University: Fuqua	US	20170	164,5597,780	163,8086,932	11110	981	5812	892	291	94 (97)1	111	222	428	215	430	383	561	556	780	00	963	64	36
	21	20	17	191	Esade Business School	Spain	20195	148,8183,467	148,0604,518	1163	717	1711	881	747	93 (97)3	322	382	302	137	392	970	755	121	31	10	941	833	6
	22	24	21	223	IMD Business School	Switzerland	20150	153,8063,834	151,9444,964	763	147	184	901	361	83 (100)1	211	174	296	210	982	990	832	10	1258	01	1000	6525	46
	23	32	35	301	University of Virginia: Darden	US	20195	159,3067,110	157,4376,180	1144	8012	6810	890	113	92 (99)2	202	261	381	260	282	304	221	711	524	00	952	536	1
	24	28	27	262	Indian School of Business	India	20150	156,7767,634	156,1227,148	18723	517	261	861	456	98 (94)1	282	172	343	60	136	30	600	7416	903	00	1000	8313	94
	25	23	19	222	New York University: Stern	US	20195	157,7863,623	156,4853,303	11710	934	4321	891	2111	94 (96)3	142	283	353	183	413	392	246	691	539	00	852	125	30
	26	25	32	282	UCLA: Anderson	US	20170	161,5372,671	162,9852,498	1081	781	479	891	33	89 (97)2	222	241	334	171	371	335	102	755	954	00	1000	1012	90
	27	17	27	241	Cornell University: Johnson	US	20170	163,0302,988	162,4171,388	11211	827	6423	902	305	91 (97)0	261	251	336	240	441	345	372	862	544	00	940	1612	73
	28	26	23	263	University of Michigan: Ross	US	20195	158,5654,414	157,7273,789	1086	905	785	912	154	94 (95)0	120	260	430	93	360	352	61	6212	6912	00	940	2411	41
	29	30	40	335	Georgetown University: McDonough	US	20150	148,3305,724	147,3846,376	1218	960	452	891	411	94 (94)2	373	294	300	192	421	421	254	6015	264	00	1000	278	23
	30	22	24	250	Nanyang Business School, NTU Singapore	Singapore	20160	134,0361,748	134,0361,748	1261	236	7017	831	5915	95 (94)3	646	361	412	300	680	894	600	3115	2110	00	990	584	50
	31	-	8	-	IE Business School	Spain	2019	146,824	153,547	100	44	25	83	94	81 (82)	25	40	31	52	68	91	92	25	79	0	99	71	9
	31	29	22	272	SDA Bocconi	Italy	20195	130,62810,477	130,62810,477	1247	2013	608	851	5621	87 (93)2	453	391	429	5012	362	703	7513	143	2815	00	980	325	54
	33	35	49	3910	Indian Institute of Management Bangalore	India	20150	178,77412,123	178,77412,123	12410	489	301	821	922	100 (100)0	241	220	219	441	60	00	2213	6312	434	00	1002	974	87
	34	42	-	-	Fudan University School of Management	China	20195	110,0627,030	110,0627,030	19520	2813	37	880	399	97 (99)4	738	331	658	63	62	115	712	930	197	10	961	7119	74
	35	40	38	381	Carnegie Mellon: Tepper	US	20195	148,9305,215	148,8925,741	1135	817	771	881	3221	90 (100)1	232	274	281	161	401	429	50	736	6812	00	921	372	17
	36	41	44	404	Warwick Business School	UK	20150	118,4068,142	118,4068,142	836	96	4617	853	271	95 (93)0	461	383	394	333	823	902	1116	273	201	10	1000	275	22
	37	44	46	424	University of Texas at Austin: McCombs	US	20150	154,7405,552	151,2352,257	1046	722	7612	883	2220	86 (100)4	181	241	382	170	290	331	10	942	505	00	850	142	39
	38	47	51	456	Emory University: Goizueta	US	20150	150,4967,833	150,6597,670	1195	610	545	891	2513	95 (100)2	380	321	300	1825	230	351	00	6619	583	00	903	697	71
	39	58	-	-	University of Florida: Warrington	US	20180	121,00015,257	121,00015,257	1514	10	793	902	617	96 (100)6	9611	253	224	131	262	172	00	964	922	00	940	325	29
	39	51	45	451	Imperial College Business School	UK	20180	126,8738,549	126,8738,549	671	451	428	872	693	82 (96)8	440	282	451	466	953	905	777	294	174	11	1000	480	7
	41	33	39	381	University of Hong Kong	China	20196	131,3863,141	131,3863,141	1165	521	599	871	666	83 (96)3	754	241	464	250	341	694	3812	281	93	00	982	655	82
	42	51	54	499	Sungkyunkwan University GSB	South Korea	20196	131,16617,465	131,16617,465	1007	1618	1410	850	12	88 (94)7	1000	141	453	541	623	5516	773	473	135	11	1000	9128	93
	43	49	-	-	Singapore Management University: Lee Kong Chian	Singapore	-	118,4156,242	118,4156,242	1331	298	7410	865	7523	79 (97)3	716	252	334	262	703	900	530	302	577	00	981	417	99
	43	57	47	494	Indiana University: Kelley	US	20170	134,9858,665	137,5689,626	1228	567	871	881	53	95 (92)8	353	271	356	233	291	366	359	727	7525	00	801	202	44
	43	64	75	617	Durham University Business School	UK	20170	120,55616,250	120,55616,250	1108	23	4813	833	8215	94 (95)3	911	333	4423	3818	651	885	7522	4211	3241	11	980	916	5
	46	59	48	512	University of Southern California: Marshall	US	20150	145,9129,564	147,5659,605	10813	973	4025	892	6417	96 (96)2	400	331	5220	121	332	335	21	828	4511	00	821	325	77
	47	31	29	368	Indian Institute of Management Ahmedabad	India	20150	186,17010,369	186,17010,369	1001	414	53	800	963	96 (95)11	161	201	178	3030	13	12	00	416	466	00	1000	1003	95
	48	64	62	583	University of California at Irvine: Merage	US	20160	130,0569,811	130,0569,811	12915	675	930	882	3717	85 (99)2	873	484	377	327	256	482	102	588	7212	00	950	3717	89
	49	48	41	460	University of Washington: Foster	US	20150	134,2701,879	133,5191,128	10713	692	945	871	556	99 (100)1	500	342	417	214	323	270	70	8110	892	00	922	74	34
	49	78	95	74	Indian Institute of Management Calcutta	India	-	158,13818,894	158,13818,894	13922	2519	72	820	802	100 (100)0	310	212	91	183	10	00	66	702	4635	00	1000	981	68
	51	34	34	404	Shanghai Jiao Tong University: Antai	China	20195	112,8178,818	112,8178,818	19311	3511	374	831	4714	100 (94)0	800	342	516	130	30	3613	284	1001	2326	00	941	944	37
	52	37	43	444	University of North Carolina: Kenan-Flagler	US	20160	142,7164,950	143,6514,195	1124	840	6511	891	76	92 (100)1	291	322	282	211	352	263	411	923	6620	00	805	2717	51
	52	73	79	686	Vanderbilt University: Owen	US	20195	139,67012,187	139,67012,187	12516	623	2732	903	915	90 (97)1	492	293	304	916	181	167	61	952	715	00	964	6511	58
	54	50	68	579	Washington University: Olin	US	20150	126,2204,109	126,2203,511	1092	660	8336	861	7315	88 (97)9	801	240	423	690	370	317	560	5917	6220	00	972	1215	61
	55	37	31	414	Rotterdam School of Management, Erasmus University	Netherlands	20160	117,9724,608	118,6182,920	844	269	3321	851	6322	88 (96)2	483	243	360	247	552	951	276	64	383	00	1000	374	53
	56	45	64	551	Rice University: Jones	US	20195	144,5258,460	145,1215,932	10315	571	903	881	1629	95 (96)2	512	290	313	172	341	366	00	879	6415	00	922	417	97
	57	43	36	4510	CUHK Business School	China	20160	115,6897,177	115,6897,177	1102	5818	4411	850	7017	91 (96)6	852	261	376	276	501	4910	736	221	3411	00	991	551	62
	58	77	60	656	University of Notre Dame: Mendoza	US	20160	137,57411,549	137,57411,721	1181	548	3620	881	403	90 (99)4	728	242	244	150	181	4012	60	7816	3528	00	831	4811	26
	59	36	30	427	Alliance Manchester Business School	UK	20150	123,376108	124,1781,065	1024	532	3820	863	3821	77 (91)1	580	362	391	432	463	849	2124	346	1815	00	910	8313	21
	60	54	61	584	Georgia Institute of Technology: Scheller	US	20170	134,8493,305	134,8493,305	12515	3712	923	871	43	97 (100)4	603	241	4019	245	283	219	42	8312	8415	00	790	417	79
	61	66	76	688	Melbourne Business School	Australia	20160	119,09810,874	118,95910,875	879	48	8810	883	5426	95 (98)1	657	311	362	195	721	908	251	174	3610	00	960	7916	57
	62	51	57	57	Arizona State University: Carey	US	20150	125,98511,515	125,98511,515	1334	3416	8412	870	3528	87 (99)9	524	271	401	121	311	402	20	8512	964	00	873	4110	69
	63	75	89	768	Pennsylvania State University: Smeal	US	20170	124,2204,547	124,2204,547	13415	820	1001	896	3124	91 (100)1	572	292	347	224	240	343	30	882	467	00	831	4110	64
	64	46	37	499	City, University of London: Cass	UK	20170	120,3882,813	119,7692,195	866	427	3913	842	7721	82 (84)1	702	250	397	464	710	863	544	232	446	00	962	5817	40
	65	72	58	650	Michigan State University: Broad	US	20140	118,0508,564	118,0508,564	15116	2715	964	872	184	87 (100)2	534	292	3414	310	315	304	00	6814	9826	00	890	5514	78
	66	81	87	788	Babson College: Olin	US	20180	140,4098,782	140,4098,798	1023	743	21	861	794	83 (85)1	301	374	344	241	174	845	223	4317	860	00	844	8310	66
	67	67	80	711	Boston College: Carroll	US	20195	138,5977,891	138,5977,891	11413	685	3441	892	6210	83 (95)2	559	350	256	91	272	190	00	9710	983	00	821	207	99
	68	86	82	791	Boston University: Questrom	US	20180	129,6766,455	129,6766,455	12421	5912	6725	861	933	91 (90)0	563	361	441	112	291	4810	603	651	853	00	680	4811	10
	69	60	59	633	University of St Gallen	Switzerland	20180	124,5278,648	124,5278,648	728	155	5220	853	6529	71 (100)10	616	150	3311	500	795	986	500	23	5538	10	1000	7114	70
	70	63	54	621	AGSM at UNSW Business School	Australia	20160	119,6713,762	119,6713,762	8223	4713	805	850	907	82 (92)11	671	405	312	500	779	889	500	715	161	00	955	6433	56
	71	94	-	-	WHU – Otto Beisheim School of Management	Germany	20160	125,17612,382	125,17612,382	6915	3017	636	892	4913	76 (96)6	762	231	373	120	311	866	120	216	238	00	1000	833	18
	72	55	52	607	University of Maryland: Smith	US	20150	125,7344,716	125,7344,826	945	873	5311	880	348	90 (98)11	782	324	331	312	343	388	160	7923	830	00	953	248	82
	73	82	85	808	University of Pittsburgh: Katz	US	20150	108,3992,667	108,3992,667	14411	439	972	871	7611	91 (100)2	926	331	397	140	244	4816	50	5711	8014	00	922	554	16
	74	-	49	-	Macquarie Graduate School of Management	Australia	2016	121,811	128,166	81	63	11	85	98	90 (87)	95	38	36	36	42	100	21	36	91	0	100	96	12
	75	55	69	66	Purdue University: Krannert	US	20150	125,6962,992	125,6962,992	10316	5512	812	851	516	81 (99)7	794	233	332	243	355	586	00	6421	942	00	953	414	67
	76	61	53	636	Cranfield School of Management	UK	20180	124,0861,902	124,0862,506	731	180	494	851	8625	94 (84)3	621	311	497	261	4619	913	322	2410	466	00	975	942	75
	77	61	54	649	Mannheim Business School	Germany	20140	116,1032,157	116,1032,157	8012	112	7513	860	9514	93 (85)4	685	262	334	4020	239	849	020	51	5629	00	1000	655	27
	78	68	65	701	Brigham Young University: Marriott	US	20150	128,2132,237	129,4691,435	1387	72	6930	881	2813	91 (100)2	432	92	148	71	21	181	20	986	873	00	911	713	47
	79	88	70	795	ESMT Berlin	Germany	20160	110,0823,501	110,0823,501	636	135	728	852	6130	86 (95)5	820	232	350	1015	772	981	2018	90	616	00	1000	585	19
	80	99	-	-	EMLyon Business School	France	20150	93,465948	93,465948	8324	2117	1948	852	5023	92 (100)1	832	360	1712	422	533	854	923	261	151	00	1004	715	14
	81	71	65	724	Wisconsin School of Business	US	20195	131,4525,666	131,4526,163	1025	221	898	890	4423	90 (99)4	627	261	355	360	240	2911	180	994	761	00	753	480	76
	81	85	88	854	University of Minnesota: Carlson	US	20195	123,7546,274	123,7546,274	976	5026	8612	881	1316	85 (99)8	745	311	332	301	232	206	141	909	6011	00	781	202	33
	83	83	77	811	University of Rochester: Simon	US	20160	122,6553,314	122,6553,245	1294	644	5128	862	5818	93 (97)1	901	181	352	110	363	433	110	336	8215	00	736	719	98
	84	68	63	723	Ohio State University: Fisher	US	20150	128,00810,377	128,00810,377	11812	4013	913	881	579	91 (100)1	698	284	320	161	314	294	40	9114	814	00	683	3711	96
	85	86	65	799	University of Toronto: Rotman	Canada	20150	100,4853,039	101,2324,022	9316	1001	856	841	911	85 (98)0	270	252	365	474	785	671	276	352	749	00	991	166	86
	86	80	70	7916	The Lisbon MBA	Portugal	20195	108,8724,598	108,8724,598	732	318	87	850	671	85 (97)7	861	342	3411	4010	351	515	050	391	10	10	991	835	88
	87	78	-	-	McGill University: Desautels	Canada	20140	104,6075,403	104,6075,403	948	756	663	852	973	90 (97)6	476	311	3510	194	751	834	4110	152	2915	00	881	6214	63
	87	73	91	843	University of Edinburgh Business School	UK	20150	106,4896,931	106,4896,931	709	247	2411	835	7221	80 (88)2	943	421	551	445	631	968	445	329	241	00	962	791	35
	89	94	70	843	University College Dublin: Smurfit	Ireland	20170	116,87214,229	116,87214,229	685	1020	6113	853	831	89 (97)8	981	333	4212	297	3714	5812	542	406	378	00	991	7916	65
	90	-	86	-	George Washington University	US	2016	116,389	114,921	101	94	95	88	78	84 (88)	76	30	33	27	35	37	7	76	33	0	96	62	20
	91	70	42	6819	Lancaster University Management School	UK	20180	94,4969,610	94,4969,610	887	177	7313	822	2420	85 (98)3	933	322	4311	380	583	962	256	445	314	00	961	719	11
	92	91	-	-	SMU: Cox	US	20160	126,1813,219	126,1814,072	959	778	7114	894	5317	87 (95)0	652	295	275	101	355	210	50	899	392	00	922	832	58
	93	96	-	-	Essec Business School	France	20180	98,1204,081	98,1204,081	579	4613	5720	878	521	65 (71)3	591	340	569	380	560	854	690	201	50	00	990	713	15
	94	90	94	932	Western University: Ivey	Canada	20180	103,979915	104,167192	806	491	5515	881	2012	79 (100)1	416	193	293	190	581	417	260	675	655	00	990	484	91
	95	-	-	-	Fordham University: Gabelli	US	2018	120,194	120,194	105	83	35	88	100	77 (95)	99	36	36	22	28	36	6	84	88	0	86	91	8
	96	-	89	-	Incae Business School	Costa Rica / Nicaragua	2017	79,571	79,956	161	39	15	80	89	52 (89)	84	23	44	12	53	58	59	49	6	0	95	98	79
	96	93	93	94	University of Texas at Dallas: Jindal	US	20180	99,5361,828	99,5361,828	1035	195	981	872	683	87 (100)3	872	281	226	143	4810	346	44	5132	981	00	814	145	55
	98	-	92	-	Grenoble Ecole de Management	France	2017	98,394	98,394	88	65	31	80	99	74 (69)	97	43	40	53	46	95	73	19	40	0	90	83	42
	99	-	-	-	Texas A & M University: Mays	US	2014	117,042	117,042	107	12	99	85	88	89 (100)	54	28	14	19	22	28	0	80	97	0	79	32	85
	100	-	-	-	William & Mary: Mason	US	2018	115,958	115,958	114	70	82	83	85	85 (100)	89	35	25	26	13	43	6	77	93	0	90	79	84
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Table notesFootnotes:* KPMG reported on the results of obtaining evidence and applying specified audit procedures relating to selected survey data provided for the Financial Times 2019 MBA ranking for selected business schools. Enquiries about the assurance process can be made by contacting Lori Huber of KPMG at lahuber@kpmg.ca. The specified audit procedures were carried out between November and December 2018. The audit date published denotes the survey for which the specified audit precedures were conducted. **These schools run additional courses for MBA students for which additional language skills are required. Although the headline ranking figures show changes in the data year to year, the pattern of clustering among the schools is equally significant. Some 200 points separate the top programme, Stanford, from the school ranked number 100. The top 14 participants, down to Northwestern University: Kellogg, form the top group of MBA providers. The second group, headed by Dartmouth College: Tuck, spans schools ranked 15 to 38. Differences between schools are relatively small within this group. The 51 schools within the third group headed by Imperial College Business School, rank joint 39th, are similarly close together. The remaining 11 schools headed by George Washington University make up the fourth group.

Footnotes

1. Indicates the most recent year that KPMG audited a business school, applying specified audit procedures relating to selected data provided for the Financial Times MBA ranking.

2. The average alumni salary three years after graduation, US$ PPP equivalent. (The 2017 ranking surveyed the MBA class that graduated in 2013). Includes data for the current year and the one or two preceding years where available. This figure is not used in the ranking.

3. The average alumnus salary three years after graduation, US$ PPP equivalent, with adjustment for variations between sectors. Includes data for the current year and the one or two preceding years where available.

4. The average difference in alumnus salary before the MBA to now. Half of this figure is calculated according to the absolute salary increase, and half according to the percentage increase relative to pre-MBA salary – the “salary percentage increase” figure published in the table.

5. This is calculated using the salary earned by alumni today, course length, fees and other costs, including the opportunity cost of not working for the duration of the course.

6. This is calculated according to changes in the level of seniority and the size of company alumni are working in now, versus before their MBA. Includes data for the current year and the one or two preceding years where available.

7. The percentage of the most recent graduating class that had found employment or accepted a job offer within three months of graduation. The figure in brackets is the percentage of the class for which the school was able to provide employment data.

8. This is calculated according to selection by alumni of three schools from which they would recruit MBA graduates. Includes data for the current year and one or two preceding years where available.

9. Percentage of female faculty. For gender-related criteria, schools with a 50:50 (male/female) composition receive the highest score.

10. Percentage of female students on the full-time MBA. For gender-related criteria, schools with a 50:50 (male/female) composition receive the highest score.

11. This is calculated according to the diversity of faculty by citizenship and the percentage whose citizenship differs from their country of employment – the figure published in the table.

12. This is calculated according to the diversity of current MBA students by citizenship and the percentage whose citizenship differs from the country in which they study – the figure published in the table.

13. Percentage of the board whose citizenship differs from the country in which the business school is based.

14. This is calculated according to whether alumni worked in different countries pre-MBA, on graduation and three years after graduation.

15. This is calculated according to whether the most recent graduating MBA class completed exchanges, research projects, study tours and company internships in countries other than where the school is based.

16. Number of extra languages required on completion of the MBA. Where a proportion of students requires a further language due to an additional diploma, that figure is included in the calculations but not presented in the final table.

17. Percentage of full-time faculty with a doctoral degree.

18. This is calculated according to the number of articles published by a school’s current full-time faculty members in 50 selected academic and practitioner journals between January 2014 and October 2016. The rank combines the absolute number of publications with the number weighted relative to the faculty’s size.

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