FT Executive MBA Ranking 2021: methodology and key

This is the 21st edition of the FT’s yearly rating of the world’s best 100 government MBA programmes for senior performing professionals.

Participation in the rating is voluntary and at the business enterprise school’s ask for. EMBA programmes must fulfill specific standards to be suitable. Initial the faculty need to be accredited by either the US’s Association to Progress Collegiate Educational facilities of Business or Europe’s Equis. The EMBA need to be cohort-based, with pupils enrolling and graduating together, and with at the very least 30 graduates every single year.

A full of 136 programmes took element in the 2021 rating course of action, together with 14 joint programmes shipped by much more than one particular school. Two new universities feature in our desk — Moscow’s Skolkovo at 58 and Zhejiang at 65.

Information for the ranking are gathered making use of two on the web surveys, the 1st done by participating schools and the 2nd by alumni who accomplished programmes in 2018. For a university to be eligible for the rankings, at the very least 20 for every cent of its alumni ought to reply to the FT survey, with a minimal of 20 responses. Owing to the Covid-19 disaster, this yr, the FT viewed as faculties with a decreased reaction price. About 4,770 alumni completed the study — an general reaction fee of about 47 for every cent.

FT Government MBA rating 2021 — best 100

Miami Herbert Business University

Find out which faculties are in our position of EMBA degrees.

Alumni responses tell five position conditions: income these days, salary boost, vocation development, operate experience and aims reached. Jointly they account for 55 for every cent of the ranking’s fat. The first two requirements about alumni salaries each count for 20 for each cent.

Salaries of non-income and public sector workers, as nicely as entire-time learners, are eliminated. Remaining salaries are transformed to US dollars making use of the newest purchasing electric power parity (PPP) premiums supplied by the Global Monetary Fund. The maximum and least expensive salaries are then eliminated and the mean common “current salary” is calculated for each and every university. Wage improve is calculated in accordance to the variance in typical income in advance of the EMBA to a few yrs just after completion. Fifty percent of the ranking body weight is used to the complete improve and the other fifty percent to the percentage boost relative to pre-EMBA pay back.

When out there, alumni conditions are knowledgeable by the past a few surveys. Responses from the 2021 study have 50 per cent of the full fat and all those from 2020 and 2019 each individual account for 25 for every cent. Excluding income-associated criteria, if only two decades of knowledge are out there, the weighting is split 60:40 if info are from 2021 and 2020, or 70:30 if from 2021 and 2019. For wage figures, the weighting is 50:50 for two years’ knowledge, to avoid inflation-related distortions.

Information and facts delivered by the company schools informs 10 conditions that collectively account for 35 for each cent of the closing ranking. The ESG group is primarily based on the proportion of core classes devoted to environmental, social and governance difficulties. It carries a bodyweight of 3 per cent.

The fat of the faculty and college student gender range is 4 for each cent just about every. For these gender range standards, educational institutions with a 50:50 (male: feminine) composition receive the highest rating.

The worldwide variety calculation is primarily based on the total proportion of pupils and college from abroad as very well as the distribute of these persons by citizenship primarily based on the Herfindahl index, a measure of concentration.

The ultimate criterion, the FT research rank, accounts for 10 per cent of the rating. It is calculated in accordance to the range of articles or blog posts printed by schools’ entire-time faculty in 50 internationally recognised educational and practitioner journals. The rank brings together the absolute range of publications from January 2018 and close to May perhaps 2021 with the variety of publications weighted relative to the faculty’s dimension.

The FT rankings are relative. Schools are rated towards each and every other relatively than versus set requirements. The FT calculates the Z-scores for just about every criterion. (Z-scores show how significantly a school’s facts is from the mean and are unitless, so they allow the position to be primarily based on pretty unique criteria — income, percentages and details.) These scores are then weighted as outlined in the position key and additional collectively for a remaining rating.

After taking away the educational institutions that did not satisfy the minimum amount reaction amount from their alumni, a 1st variation is calculated working with all remaining educational institutions. The faculty at the base is removed and a 2nd version is calculated. This motion is recurring to uncover the prime 100.

Judith Pizer of Pizer-MacMillan acted as the FT’s databases expert.

The FT investigate rank was calculated employing Clarivate facts covering 50 journals picked by FT from the World-wide-web of Science, an abstract and quotation database of study literature.

Weights for ranking conditions are shown in brackets as a share.

Wage currently US$ (20): regular alumnus wage 3 yrs soon after completion, US$ PPP equivalent.†

Income raise (20): typical variation in alumni salaries involving before the EMBA and now. Fifty percent of this determine is calculated in accordance to the absolute income boost, and 50 % according to the share enhance relative to the pre-EMBA income – the determine printed in the desk. †

Occupations development (5): calculated according to adjustments in the degree of seniority and the dimensions of organization alumni function in now, as opposed to right before their EMBA.†

Work experience (5): a evaluate of the pre-EMBA encounter of alumni according to the seniority of positions held, amount of years in just about every place, organisation dimensions and abroad function knowledge.†

Aims achieved (5): the extent to which alumni fulfilled their aims or reasons for executing an EMBA.†

Woman school (4): share of female faculty. ††

Woman college students (4): share of woman pupils on the programme. ††

Girls on board (1): share of woman associates of the advisory board. ††

Intercontinental faculty (5): calculated according to the variety of faculty by citizenship and the proportion whose citizenship differs from their location of employment – the posted determine.

International college students (5): the share of recent EMBA college students whose citizenship differs from the area in which they study, or in which the school’s principal campus is situated, as properly as their variety by citizenship.

Intercontinental board (2): share of the board whose citizenship differs from the place in which the business enterprise university is positioned.

Global study course working experience (5): share of classroom training hrs that were being performed outside the house the spot in which the company college is situated for the completing EMBA classes from 2018 to 2021 if obtainable. An average calculation was taken from the 2021 study, if details ended up obtainable for demanded overseas teaching sessions, plus the previous two years’ worldwide class working experience knowledge (from the 2020 and 2019 surveys). Virtual encounters have been not involved. Because of to vacation constraints induced by the pandemic, some educational institutions had been unable to deliver recent information for this category. If you are a potential college student, please call the faculty to check if they are in a position to offer you lessons overseas. †

Further languages (1): the amount of languages required on graduation, excluding English. * Programme not totally readily available in English.

Faculty with doctorates (5): percentage of complete-time college with a doctoral degree.

FT investigation rank (10): calculated in accordance to the variety of articles or blog posts printed by a school’s existing total-time school users in 50 academic and practitioner journals amongst January 2018 and all over Could 2021. The rank brings together the absolute variety of publications with the selection weighted relative to the faculty’s measurement.

Environmental, social and governance (ESG) rank (3): proportion of core classes committed to ethical, social and environmental issues for the present-day and current finishing class. Because of to the pandemic, some faculties do not have a recent course, thus knowledge was taken from their new finishing course only.

Over-all gratification: regular evaluation by alumni of the training course, scored out of 10. Following alumni answered various inquiries about their EMBA knowledge, they ended up questioned to fee their all round pleasure, on a 10-level scale.

FT position tier: educational institutions are divided into four teams. Faculties at the top are in tier a person and these at the conclude are in tier 4.

† Features details for the existing yr and the one particular or two previous several years exactly where out there.

†† For the a few gender-related conditions, faculties that have 50:50 (male:feminine) composition receive the maximum attainable score.

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