FT Executive MBA Ranking 2021: methodology and key

Jannie Delucca

This is the 21st version of the FT’s yearly position of the world’s best one hundred government MBA programmes for senior operating supervisors.

Participation in the position is voluntary and at the small business school’s ask for. EMBA programmes have to meet up with certain conditions to be eligible. Initial the university have to be accredited by possibly the US’s Association to Advance Collegiate Colleges of Small business or Europe’s Equis. The EMBA have to be cohort-primarily based, with pupils enrolling and graduating together, and with at least 30 graduates each and every year.

A overall of 136 programmes took aspect in the 2021 position system, which includes fourteen joint programmes shipped by more than just one university. Two new schools element in our desk — Moscow’s Skolkovo at 58 and Zhejiang at sixty five.

Information for the position are gathered using two on the web surveys, the very first completed by participating schools and the next by alumni who completed programmes in 2018. For a university to be eligible for the rankings, at least twenty per cent of its alumni have to respond to the FT study, with a least of twenty responses. Thanks to the Covid-19 disaster, this year, the FT deemed schools with a lessen response rate. About four,770 alumni completed the study — an in general response rate of close to 47 per cent.

FT Government MBA position 2021 — best one hundred

Miami Herbert Small business University

Find out which schools are in our position of EMBA levels.

Alumni responses notify five position conditions: salary currently, salary increase, occupation development, function expertise and aims achieved. Alongside one another they account for 55 per cent of the ranking’s body weight. The very first two conditions about alumni salaries each and every depend for twenty per cent.

Salaries of non-financial gain and public sector workers, as effectively as entire-time pupils, are taken out. Remaining salaries are converted to US pounds using the most up-to-date buying electricity parity (PPP) fees provided by the Global Financial Fund. The best and cheapest salaries are then taken out and the imply typical “current salary” is calculated for each and every university. Income increase is calculated according to the variation in typical salary prior to the EMBA to a few several years following completion. 50 % of the position body weight is utilized to the absolute increase and the other 50 percent to the share increase relative to pre-EMBA pay out.

When accessible, alumni conditions are educated by the earlier a few surveys. Responses from the 2021 study have fifty per cent of the overall body weight and people from 2020 and 2019 each and every account for twenty five per cent. Excluding salary-related conditions, if only two several years of facts are accessible, 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-related distortions.

Information and facts furnished by the small business schools informs 10 conditions that collectively account for 35 per cent of the ultimate position. The ESG group is primarily based on the proportion of main classes devoted to environmental, social and governance difficulties. It carries a body weight of three per cent.

The body weight of the faculty and pupil gender variety is four per cent each and every. For these gender variety conditions, schools with a fifty:fifty (male: woman) composition get the best rating.

The intercontinental variety calculation is primarily based on the in general share of pupils and faculty from abroad as effectively as the spread of these people today by citizenship primarily based on the Herfindahl index, a measure of focus.

The ultimate criterion, the FT investigation rank, accounts for 10 per cent of the position. It is calculated according to the amount of articles or blog posts posted by schools’ entire-time faculty in fifty internationally recognised educational and practitioner journals. The rank combines the absolute amount of publications from January 2018 and close to May possibly 2021 with the amount of publications weighted relative to the faculty’s measurement.

The FT rankings are relative. Colleges are ranked versus each and every other fairly than versus established criteria. The FT calculates the Z-scores for each and every criterion. (Z-scores clearly show how far a school’s facts is from the imply and are unitless, so they make it possible for the position to be primarily based on quite different conditions — salary, percentages and details.) These scores are then weighted as outlined in the position crucial and added together for a ultimate rating.

Just after taking away the schools that did not meet up with the least response rate from their alumni, a very first model is calculated using all remaining schools. The university at the base is taken out and a next model is calculated. This motion is repeated to find the best one hundred.

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

The FT investigation rank was calculated using Clarivate facts covering fifty journals selected by FT from the Internet of Science, an summary and quotation database of investigation literature.

Weights for position conditions are revealed in brackets as a share.

Income currently US$ (twenty): typical alumnus salary a few several years following completion, US$ PPP equivalent.†

Income increase (twenty): typical variation in alumni salaries between prior to the EMBA and now. 50 % of this determine is calculated according to the absolute salary increase, and 50 percent according to the share increase relative to the pre-EMBA salary – the determine posted in the desk. †

Occupations development (5): calculated according to alterations in the degree of seniority and the measurement of firm alumni function in now, vs . prior to their EMBA.†

Get the job done expertise (5): a measure of the pre-EMBA expertise of alumni according to the seniority of positions held, amount of several years in each and every placement, organisation measurement and overseas function expertise.†

Aims achieved (5): the extent to which alumni fulfilled their ambitions or causes for accomplishing an EMBA.†

Female faculty (four): share of woman faculty. ††

Female pupils (four): share of woman pupils on the programme. ††

Women on board (1): share of woman customers of the advisory board. ††

Global faculty (5): calculated according to the variety of faculty by citizenship and the share whose citizenship differs from their spot of employment – the posted determine.

Global pupils (5): the share of present EMBA pupils whose citizenship differs from the spot in which they study, or exactly where the school’s main campus is positioned, as effectively as their variety by citizenship.

Global board (two): share of the board whose citizenship differs from the spot in which the small business university is situated.

Global program expertise (5): share of classroom instructing hrs that ended up done outside the spot in which the small business university is situated for the finishing EMBA lessons from 2018 to 2021 if accessible. An typical calculation was taken from the 2021 study, if facts ended up accessible for needed overseas instructing periods, additionally the earlier two years’ intercontinental program expertise facts (from the 2020 and 2019 surveys). Virtual encounters ended up not involved. Thanks to journey limitations prompted by the pandemic, some schools ended up not able to present current facts for this group. If you are a possible pupil, remember to call the university to test if they are ready to offer lessons overseas. †

Additional languages (1): the amount of languages needed on graduation, excluding English. * Programme not completely accessible in English.

College with doctorates (5): share of entire-time faculty with a doctoral diploma.

FT investigation rank (10): calculated according to the amount of articles or blog posts posted by a school’s present entire-time faculty customers in fifty educational and practitioner journals between January 2018 and close to May possibly 2021. The rank combines the absolute amount of publications with the amount weighted relative to the faculty’s measurement.

Environmental, social and governance (ESG) rank (three): proportion of main classes devoted to ethical, social and environmental difficulties for the present and current finishing course. Thanks to the pandemic, some schools do not have a present course, consequently facts was taken from their current finishing course only.

General pleasure: typical analysis by alumni of the program, scored out of 10. Just after alumni answered many queries about their EMBA expertise, they ended up requested to rate their in general pleasure, on a 10-place scale.

FT position tier: schools are divided into four teams. Colleges at the best are in tier just one and people at the stop are in tier four.

† Involves facts for the present year and the just one or two previous several years exactly where accessible.

†† For the a few gender-related conditions, schools that have fifty:fifty (male:woman) composition get the best probable rating.

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