FT Executive MBA Ranking 2021: methodology and key

This is the 21st version of the FT’s annual position of the world’s best a hundred government MBA programmes for senior working administrators.

Participation in the position is voluntary and at the small business school’s request. EMBA programmes must satisfy sure requirements to be qualified. First the university must be accredited by possibly the US’s Affiliation to Progress Collegiate Schools of Enterprise or Europe’s Equis. The EMBA must be cohort-based, with pupils enrolling and graduating collectively, and with at least thirty graduates each and every yr.

A total of 136 programmes took component in the 2021 position approach, together with 14 joint programmes shipped by far more than a person university. Two new educational institutions attribute in our desk — Moscow’s Skolkovo at fifty eight and Zhejiang at sixty five.

Info for the position are collected applying two on the net surveys, the very first accomplished by collaborating educational institutions and the next by alumni who accomplished programmes in 2018. For a university to be qualified for the rankings, at least twenty for each cent of its alumni must reply to the FT survey, with a minimum amount of twenty responses. Due to the Covid-19 crisis, this yr, the FT regarded educational institutions with a reduce response price. About 4,770 alumni accomplished the survey — an total response price of about forty seven for each cent.

Alumni responses inform 5 position requirements: salary now, salary increase, occupation development, operate practical experience and aims attained. Collectively they account for 55 for each cent of the ranking’s body weight. The very first two requirements about alumni salaries each and every depend for twenty for each cent.

Salaries of non-profit and public sector staff, as well as complete-time pupils, are eliminated. Remaining salaries are transformed to US bucks applying the latest acquiring power parity (PPP) prices provided by the Intercontinental Financial Fund. The highest and most affordable salaries are then eliminated and the indicate common “current salary” is calculated for each and every university. Income increase is calculated according to the variation in common salary right before the EMBA to a few decades just after completion. Half of the position body weight is applied to the complete increase and the other 50 percent to the percentage increase relative to pre-EMBA shell out.

When offered, alumni requirements are educated by the previous a few surveys. Responses from the 2021 survey have 50 for each cent of the total body weight and all those from 2020 and 2019 each and every account for 25 for each cent. Excluding salary-similar requirements, if only two decades of information are offered, the weighting is split sixty:forty if information are from 2021 and 2020, or 70:thirty if from 2021 and 2019. For salary figures, the weighting is 50:50 for two years’ information, to keep away from inflation-similar distortions.

Details provided by the small business educational institutions informs ten requirements that collectively account for 35 for each cent of the remaining position. The ESG category is based on the proportion of main programs focused to environmental, social and governance issues. It carries a body weight of three for each cent.

The body weight of the school and student gender diversity is 4 for each cent each and every. For these gender diversity requirements, educational institutions with a 50:50 (male: female) composition receive the highest rating.

The international diversity calculation is based on the total percentage of pupils and school from overseas as well as the unfold of these people today by citizenship based on the Herfindahl index, a evaluate of focus.

The remaining criterion, the FT investigation rank, accounts for ten for each cent of the position. It is calculated according to the variety of article content posted by schools’ complete-time school in 50 internationally recognised educational and practitioner journals. The rank combines the complete variety of publications from January 2018 and about May perhaps 2021 with the variety of publications weighted relative to the faculty’s sizing.

The FT rankings are relative. Schools are ranked towards each and every other alternatively than towards set standards. The FT calculates the Z-scores for each and every criterion. (Z-scores demonstrate how far a school’s information is from the indicate and are unitless, so they make it possible for the position to be based on pretty diverse requirements — salary, percentages and points.) These scores are then weighted as outlined in the position key and included collectively for a remaining rating.

Following eradicating the educational institutions that did not satisfy the minimum amount response price from their alumni, a very first model is calculated applying all remaining educational institutions. The university at the base is eliminated and a next model is calculated. This action is recurring to obtain the best a hundred.

Judith Pizer of Pizer-MacMillan acted as the FT’s database advisor.

The FT investigation rank was calculated applying Clarivate information masking 50 journals chosen by FT from the World wide web of Science, an abstract and quotation database of investigation literature.

Weights for position requirements are shown in brackets as a percentage.

Income now US$ (twenty): common alumnus salary a few decades just after completion, US$ PPP equivalent.†

Income increase (twenty): common variation in alumni salaries among right before the EMBA and now. Half of this figure is calculated according to the complete salary increase, and 50 percent according to the percentage increase relative to the pre-EMBA salary – the figure posted in the desk. †

Occupations development (five): calculated according to modifications in the level of seniority and the sizing of business alumni operate in now, as opposed to right before their EMBA.†

Operate practical experience (five): a evaluate of the pre-EMBA practical experience of alumni according to the seniority of positions held, variety of decades in each and every placement, organisation sizing and overseas operate practical experience.†

Aims attained (five): the extent to which alumni fulfilled their ambitions or motives for executing an EMBA.†

Female school (4): percentage of female school. ††

Female pupils (4): percentage of female pupils on the programme. ††

Women of all ages on board (one): percentage of female members of the advisory board. ††

Intercontinental school (five): calculated according to the diversity of school by citizenship and the percentage whose citizenship differs from their area of work – the posted figure.

Intercontinental pupils (five): the percentage of current EMBA pupils whose citizenship differs from the area in which they study, or the place the school’s most important campus is positioned, as well as their diversity by citizenship.

Intercontinental board (two): percentage of the board whose citizenship differs from the area in which the small business university is positioned.

Intercontinental course practical experience (five): percentage of classroom instructing hrs that were carried out outside the house the area in which the small business university is positioned for the completing EMBA lessons from 2018 to 2021 if offered. An common calculation was taken from the 2021 survey, if information were offered for required overseas instructing classes, plus the previous two years’ international course practical experience information (from the 2020 and 2019 surveys). Digital encounters were not included. Due to journey limits brought on by the pandemic, some educational institutions were unable to deliver latest information for this category. If you are a potential student, please get in touch with the university to examine if they are equipped to provide lessons overseas. †

More languages (one): the variety of languages required on graduation, excluding English. * Programme not thoroughly offered in English.

School with doctorates (five): percentage of complete-time school with a doctoral degree.

FT investigation rank (ten): calculated according to the variety of article content posted by a school’s current complete-time school members in 50 educational and practitioner journals among January 2018 and about May perhaps 2021. The rank combines the complete variety of publications with the variety weighted relative to the faculty’s sizing.

Environmental, social and governance (ESG) rank (three): proportion of main programs focused to moral, social and environmental issues for the current and latest completing course. Due to the pandemic, some educational institutions do not have a current course, therefore information was taken from their latest completing course only.

In general satisfaction: common evaluation by alumni of the course, scored out of ten. Following alumni answered several issues about their EMBA practical experience, they were requested to price their total satisfaction, on a ten-issue scale.

FT position tier: educational institutions are divided into 4 groups. Schools at the best are in tier a person and all those at the close are in tier 4.

† Consists of information for the current yr and the a person or two previous decades the place offered.

†† For the a few gender-similar requirements, educational institutions that have 50:50 (male:female) composition receive the highest achievable rating.