The Financial Times has thus put Slovenia on the map of top-quality business education, said the Ljubljana-based faculty when it first made the cut.

The ranking requires having at least one of the top international accreditations - the AACSB and EQUIS-accredited Ljubljana school has both as well as the AMBA accreditation, while its International Master in Business programme has been ranked as one of the best business programmes.

The faculty pointed out that its students had at their disposal exchange programmes at five foreign business schools which had also made the grade, including French KEDGE, Norwegian BI, French Audencia, Portuguese ISCTE and French ESSCA.

The Ljubljana School of Economics and Business also hosts a PhD summer school programme along with the Swiss St. Gallen University business school, which traditionally ranks among top four schools according to the Financial Times. It also takes part in the EUTOPIA partnership of six European universities.