FT Executive MBA Ranking 2021: methodology and key

This is the 21st version of the FT’s yearly position of the world’s leading a hundred govt MBA programmes for senior performing administrators.

Participation in the position is voluntary and at the business school’s request. EMBA programmes should meet up with specified requirements to be eligible. First the university should be accredited by both the US’s Affiliation to Progress Collegiate Educational facilities of Small business or Europe’s Equis. The EMBA should be cohort-based mostly, with college students enrolling and graduating together, and with at least 30 graduates each and every calendar year.

A whole of 136 programmes took element in the 2021 position procedure, including 14 joint programmes sent by much more than one particular university. Two new colleges feature in our table — Moscow’s Skolkovo at fifty eight and Zhejiang at 65.

Information for the position are collected utilizing two online surveys, the initially finished by participating colleges and the next by alumni who finished programmes in 2018. For a university to be eligible for the rankings, at least twenty per cent of its alumni should reply to the FT survey, with a minimum amount of twenty responses. Thanks to the Covid-19 crisis, this calendar year, the FT considered colleges with a decreased response fee. About 4,770 alumni finished the survey — an total response fee of all over forty seven per cent.

FT Executive MBA position 2021 — leading a hundred

Come across out which colleges are in our position of EMBA degrees.

Alumni responses notify five position requirements: salary right now, salary maximize, vocation progress, perform encounter and aims accomplished. With each other they account for 55 per cent of the ranking’s body weight. The initially two requirements about alumni salaries each and every depend for twenty per cent.

Salaries of non-profit and community sector staff, as well as total-time college students, are taken off. Remaining salaries are transformed to US bucks utilizing the latest buying energy parity (PPP) rates provided by the Global Financial Fund. The greatest and least expensive salaries are then taken off and the indicate regular “current salary” is calculated for each and every university. Income maximize is calculated in accordance to the difference in regular salary ahead of the EMBA to a few decades right after completion. 50 % of the position body weight is used to the complete maximize and the other half to the percentage maximize relative to pre-EMBA pay.

When offered, alumni requirements are educated by the previous a few surveys. Responses from the 2021 survey carry fifty per cent of the whole body weight and people from 2020 and 2019 each and every account for 25 per cent. Excluding salary-linked requirements, if only two decades of facts are offered, the weighting is break up 60:40 if facts are from 2021 and 2020, or 70:30 if from 2021 and 2019. For salary figures, the weighting is fifty:fifty for two years’ facts, to steer clear of inflation-linked distortions.

Information and facts supplied by the business colleges informs ten requirements that collectively account for 35 per cent of the closing position. The ESG class is based mostly on the proportion of main programs devoted to environmental, social and governance issues. It carries a body weight of 3 per cent.

The body weight of the school and scholar gender diversity is 4 per cent each and every. For these gender diversity requirements, colleges with a fifty:fifty (male: feminine) composition receive the greatest rating.

The intercontinental diversity calculation is based mostly on the total percentage of college students and school from abroad as well as the distribute of these people today by citizenship based mostly on the Herfindahl index, a measure of focus.

The closing criterion, the FT research rank, accounts for ten per cent of the position. It is calculated in accordance to the selection of article content revealed by schools’ total-time school in fifty internationally recognised educational and practitioner journals. The rank brings together the complete selection of publications from January 2018 and all over Could 2021 with the selection of publications weighted relative to the faculty’s measurement.

The FT rankings are relative. Educational facilities are rated towards each and every other somewhat than towards set benchmarks. The FT calculates the Z-scores for each and every criterion. (Z-scores display how considerably a school’s facts is from the indicate and are unitless, so they make it possible for the position to be based mostly on incredibly unique requirements — salary, percentages and details.) These scores are then weighted as outlined in the position crucial and additional together for a closing rating.

Soon after getting rid of the colleges that did not meet up with the minimum amount response fee from their alumni, a initially version is calculated utilizing all remaining colleges. The university at the bottom is taken off and a next version is calculated. This action is recurring to locate the leading a hundred.

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

The FT research rank was calculated utilizing Clarivate facts covering fifty journals selected by FT from the World-wide-web of Science, an summary and quotation database of research literature.

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

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

Income maximize (twenty): regular difference in alumni salaries among ahead of the EMBA and now. 50 % of this determine is calculated in accordance to the complete salary maximize, and half in accordance to the percentage maximize relative to the pre-EMBA salary – the determine revealed in the table. †

Occupations progress (five): calculated in accordance to improvements in the amount of seniority and the measurement of company alumni perform in now, compared to ahead of their EMBA.†

Get the job done encounter (five): a measure of the pre-EMBA encounter of alumni in accordance to the seniority of positions held, selection of decades in each and every placement, organisation measurement and overseas perform encounter.†

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

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

Female college students (4): percentage of feminine college students on the programme. ††

Females on board (one): percentage of feminine customers of the advisory board. ††

Global school (five): calculated in accordance to the diversity of school by citizenship and the percentage whose citizenship differs from their place of work – the revealed determine.

Global college students (five): the percentage of existing EMBA college students whose citizenship differs from the place in which they research, or exactly where the school’s major campus is positioned, as well as their diversity by citizenship.

Global board (2): percentage of the board whose citizenship differs from the place in which the business university is positioned.

Global class encounter (five): percentage of classroom training hrs that had been performed outside the house the place in which the business university is positioned for the finishing EMBA classes from 2018 to 2021 if offered. An regular calculation was taken from the 2021 survey, if facts had been offered for demanded overseas training classes, as well as the previous two years’ intercontinental class encounter facts (from the 2020 and 2019 surveys). Virtual activities had been not integrated. Thanks to travel constraints caused by the pandemic, some colleges had been unable to provide current facts for this class. If you are a future scholar, you should contact the university to test if they are in a position to present classes overseas. †

Extra languages (one): the selection of languages demanded on graduation, excluding English. * Programme not totally offered in English.

Faculty with doctorates (five): percentage of total-time school with a doctoral degree.

FT research rank (ten): calculated in accordance to the selection of article content revealed by a school’s existing total-time school customers in fifty educational and practitioner journals among January 2018 and all over Could 2021. The rank brings together the complete selection of publications with the selection weighted relative to the faculty’s measurement.

Environmental, social and governance (ESG) rank (3): proportion of main programs devoted to moral, social and environmental issues for the existing and current finishing course. Thanks to the pandemic, some colleges do not have a existing course, as a result facts was taken from their current finishing course only.

In general fulfillment: regular analysis by alumni of the class, scored out of ten. Soon after alumni answered various concerns about their EMBA encounter, they had been questioned to fee their total fulfi
llment, on a ten-issue scale.

FT position tier: colleges are divided into four teams. Educational facilities at the leading are in tier one particular and people at the finish are in tier four.

† Involves facts for the existing calendar year and the one particular or two preceding decades exactly where offered.

†† For the a few gender-linked requirements, colleges that have fifty:fifty (male:feminine) composition receive the greatest attainable rating.