The University of Iowa's Tippie College of Business MBA Program is ranked 31 in the U.S. and 63 in the world overall according to the Financial Times global MBA ranking, published Monday, Jan. 26.

Tippie's position is up 11 spots from the 2013 ranking and up 33 spots from 2012.

The Iowa MBA also achieved an outstanding subject ranking, coming in at 2 worldwide in finance.

The London-based global financial daily compiled its list, recognized as the most-respected global MBA ranking, with a survey that ranked such elements as salary increase after receiving the degree, quality of teaching, and employment rate within three months of graduation.

In addition to the top overall rankings, the University of Iowa MBA topped the Financial Times MBA ranking in two categories among U.S. MBA programs: 1 in the U.S. for percentage salary increase and 1 in the U.S. in value for the money.

The Tippie program received its top salary increase ranking after Iowa alumni reported a 117 percent salary increase since the start of their studies.

Further, Tippie was recognized by alumni for effectiveness in supporting student job searches, achieving a rank of 35 in the world in Placement Success.

Tippie's place on the 2015 MBA ranking puts it in good company with the best MBA programs in the world. Notably, Tippie's ranking bests several Big Ten MBA programs.

The Financial Times 2015 ranking places the University of Iowa Tippie MBA among the top 5 percent of all AACSB-accredited programs in the U.S.