FT European business schools 2021: Methodology and key

This is the 18th yearly Money Occasions rating of European business enterprise faculties. It is a composite rating dependent on the put together performance of Europe’s major faculties throughout the five principal rankings of programmes released by the FT in 2021: MBA, Govt MBA, Masters in Administration (MiM) and in 2020 for the two rankings of non-degree government instruction programmes as we did not operate the Personalized and Open up rankings this yr. The On the internet MBA and Masters in Finance rankings are not involved.

The European college rank is calculated soon after removing non-European faculties for every of these principal rankings. MBA, EMBA and MiM account for 25 per cent every of every school’s overall performance. For Govt Training, the scores received for customised and open up programmes every account for 12.5 per cent. Schools must have a least overall pounds of 25 out of a doable one hundred for all five rankings to be qualified.

Faculties ranked with a joint programme acquire a proportional share of the programme’s indexed rating. For case in point, Essec receives fifty per cent of the rating accomplished by its joint EMBA programme with Mannheim — value 12.5 per cent of the doable one hundred overall pounds.

The rating steps the schools’ high-quality and breadth of programmes. Good quality is given a bigger emphasis so that faculties giving superior-high-quality training but not offering all the various programs considered can even now accomplish strongly total.

An indexed rating is created for every rating. These scores are then extra jointly, in accordance to the weighting higher than, generating a put together overall for every college, which comprises a single third of the final rating. The remaining two-thirds is an common rating, derived by dividing the overall rating for every college by the number of rankings in which it functions.

Scores are not only dependent on aggregation of released rating positions. They are calculated utilizing Z-scores — formulation that mirror the variety in between the leading and bottom college — for the particular person requirements that make up every element rating. 

The following regulations are specific to the FT composite European rating: 

• Programmes ranked exterior the released tables for MBA, Govt Training, Masters in Administration and EMBA are taken into thought. They are demonstrated with an asterisk.

• If a college has a lot more than a single programme in the very same rating, a put together weighted rating is awarded. HEC Paris receives 33 per cent of the rating accomplished by the Trium Worldwide EMBA and the remaining sixty seven per cent from its personal solitary programme.

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

Crucial to the 2021 rating

Weights for rating requirements are demonstrated in brackets as a percentage.

The European Business enterprise Faculties rating is dependent on the total scores that every college has accomplished for every rating in which it functions, these types of as MBA, Govt Training, Masters in Administration and EMBA. The composite rating is not only dependent on the facts displayed in the European faculties desk.

MBA

European rank (25): position among the European faculties that took aspect in the 2021 FT world-wide MBA rating.

Wage today $: average alumni wage a few a long time soon after completion, US$ by paying for electric power parity (PPP). Involves weighted facts from the current and two earlier a long time, in which obtainable.

Wage enhance (%): average change in alumni wage in between pre-MBA and now, a few a long time soon after completion.

EMBA

European rank (25): situation among the European faculties that took aspect in the 2021 EMBA rating.

Wage today $: average alumni wage a few a long time soon after completion, US$ PPP. Involves weighted facts from the current and two earlier a long time, in which obtainable.

Wage enhance (%): average change in alumni wage in between pre-EMBA and now, a few a long time soon after completion.

Masters in Administration

European rank (25): situation among the European faculties that participated in the 2021 FT MiM rating.

Wage today $: average alumni wage a few a long time soon after completion, US$ PPP. Involves weighted facts from the current and two earlier a long time, in which obtainable.

Wage enhance (%): average change in alumni wage in between completion and now, a few a long time soon after completion.

Govt Training*

Open up programmes (12.5): situation among the European faculties that participated in the FT rating of open up-enrolment programmes in 2020.

Personalized programmes (12.5): situation among the European faculties that participated in the FT rating of customised programmes in 2020.

* We did not operate the Personalized and Open up rankings in 2021.

Faculty

Female college: percentage of woman entire-time college.

International college: percentage of entire-time college whose citizenship differs from nation of work.

Faculty with doctorates: percentage of entire-time college with a doctoral degree.

# Figure in brackets refers to facts from separate joint programme for faculties with a lot more than a single degree ranked.

† Wage enhance in a few a long time from completion to now for Masters in Administration. For MBA and EMBA, the common change in alumni wage is in between ahead of the degree and now, a few a long time soon after completion.

‡ Faculty facts are furnished for information and facts — taken from surveys for the 2021 tables. Faculties that only aspect in Govt Training have furnished college facts, as of September 2021. 

* University was ranked exterior the final desk in 2021 for MBA, EMBA or Masters in Administration, or for Personalized and Open up in 2020. 

** University participated in this rating on the foundation of a joint programme only. Underlying rating dependent on proportion of overall rating.