Yesterday, the Financial Times released its annual list of the top business schools in the world. For the first time in seven years, the Yale School of Management cracked the top ten.

According to the site, the list was dominated by “big names” as usual, with Harvard Business School “fend[ing] off competitors and keep[ing] the crown it regained last year.”

But “one of the most notable climbers” was none other than Yale SOM, which rose four places from last year’s rankings.

In the past few years big changes have been afoot at SOM, including the deanship of Edward Snyder, who established the Global Network for Advanced Management – the first group of partnering business schools around the world. Snyder began his term in 2011. That same year, construction began on SOM’s new campus, Edward P. Evans Hall, which was inaugurated this month.

The top ten in the 2014 FT rankings were: Harvard, Stanford, London Business School, Wharton, Columbia, Insead, Iese Business School, MIT Sloan, University of Chicago Booth, and Yale School Management.

LAVINIA BORZI