Approaching Deadline for the FT’s Annual Book Prize

The 2023 edition of the FT’s Business Book of the Year Award is set to surpass last year’s record of over 600 submissions.

More than 300 titles have already been entered for the 19th book award, which offers a prize of £30,000 and closes on June 30.

Established in 2005, this prestigious award recognizes the author or authors who provide the most compelling and enjoyable insight into business issues. The five other shortlisted titles will each receive £10,000.

Roula Khalaf, editor of the FT, will once again chair the judging panel for this year’s award. In the previous year’s tight competition, Chris Miller’s Chip War was selected as the winner. Khalaf described it as “one of the biggest economic and business stories of our time,” offering a timely account of the battle for global supremacy in semiconductor production.

Since its inception, winning titles for the award have covered a wide range of topics such as investigations, biographies, histories, polemics, and analyses of geopolitics, economics, markets, and finance. The award has received sponsorship from prominent companies like Goldman Sachs and McKinsey.

In 2021, Nicole Perlroth’s This Is How They Tell Me the World Ends won the award for its eye-opening examination of the cyber arms race. Previous winners include Sarah Frier for No Filter in 2020, which explores the rise of Instagram, and Caroline Criado Perez for her exposé on gender bias titled Invisible Women in 2019. In 2018, John Carreyrou’s Bad Blood, which delves into the Theranos scandal, secured the prize.

The award is open to all first-time English-language books published within the 12 months leading up to November 15. Publishers or reputable imprints from any country can submit their entries.

An initial longlist of approximately 15 books will be created in August, followed by the selection of up to six finalists for the shortlist, which will be announced in September. The winner of the award will be revealed in December.