(Yicai Global) Jan. 30 -- The China Europe International Business School ranked eighth among the world's top MBA programs, according to the UK's Financial Times list of courses for 2018.

The Shanghai-based academy climbed three places from last year to remain the top business school in Asia.

Six other Chinese schools made the 100-strong list:

Hong Kong University of Science and Technology Business School -- 14th (up one place)

University of Hong Kong -- 33rd (up 11 places)

Shanghai Jiao Tong University's Antai College of Economics & Management -- 34th (up two places)

Renmin University of China School of Business -- 39th (no rank last year)

Fudan University School of Management -- 42nd (no rank last year)

Chinese University of Hong Kong Business School -- 43rd (down seven places)

The world-renowned Stanford Graduate School of Business topped the rankings for the first time since 2012. It was followed by the European Institute of Business Administration, or Insead, which had held the crown for the two years prior.

London Business School edged up two places to fourth and was the UK's top MBA program, while Harvard Business School slipped to fifth place, its lowest standing since 2008.