The University of Ljubljana's School of Economics and Business has gained five spots to place 64th in this year's ranking of Europe's best business schools by the British newspaper Financial Times (FT).

The only business school in the region on the list, the Ljubljana School of Economics and Business improved its position by twenty spots over the past two years.

The success is the result of two of its study programmes being ranked among the best business programmes in Europe, the International Master in Business and Organisation programme (IMB) and Master of Business Administration (MBA).

"In addition to the IMB programme, which has ranked among the world's best Master in Management programmes for the sixth consecutive year, the Financial Times has also included the Ljubljana MBA programme among the top Executive MBA programmes in Europe," the school said on 4 December.

"This accomplishment is the result of the vision that the faculty holds and is strongly connected with the ambition to become one of the most prestigious schools in the region and Europe," Dean Tomaž Turk commented on the achievement.

HEC Paris continues to top the FT business schools ranking ahead of the London Business School, followed by the IESE Business School, ESCP Business School and SDA Bocconi School of Management in the top five.