This is the 21st edition of the FT’s yearly ranking of the world’s prime 100 executive MBA programmes for senior doing the job professionals.
Participation in the rating is voluntary and at the business enterprise school’s ask for. EMBA programmes will have to fulfill specific requirements to be qualified. Very first the school should be accredited by possibly the US’s Association to Progress Collegiate Faculties of Small business or Europe’s Equis. The EMBA ought to be cohort-based, with learners enrolling and graduating together, and with at minimum 30 graduates just about every yr.
A complete of 136 programmes took component in the 2021 ranking method, which include 14 joint programmes delivered by a lot more than 1 college. Two new universities element in our desk — Moscow’s Skolkovo at 58 and Zhejiang at 65.
Data for the position are gathered utilizing two online surveys, the initially done by participating educational facilities and the 2nd by alumni who accomplished programmes in 2018. For a college to be qualified for the rankings, at minimum 20 for each cent of its alumni have to respond to the FT study, with a minimum of 20 responses. Due to the Covid-19 crisis, this calendar year, the FT considered faculties with a reduced response fee. About 4,770 alumni completed the study — an total reaction fee of all over 47 for every cent.
FT Government MBA ranking 2021 — major 100
Obtain out which universities are in our position of EMBA degrees.
Alumni responses inform five rating criteria: wage currently, income increase, profession progress, do the job working experience and aims accomplished. Jointly they account for 55 for every cent of the ranking’s bodyweight. The initially two standards about alumni salaries just about every rely for 20 for every cent.
Salaries of non-revenue and public sector employees, as well as entire-time students, are removed. Remaining salaries are transformed to US bucks working with the most current purchasing electricity parity (PPP) rates provided by the Intercontinental Monetary Fund. The optimum and cheapest salaries are then removed and the signify regular “current salary” is calculated for each and every faculty. Salary enhance is calculated according to the distinction in regular wage prior to the EMBA to three several years right after completion. 50 percent of the ranking pounds is utilized to the complete boost and the other fifty percent to the proportion improve relative to pre-EMBA shell out.
When accessible, alumni requirements are knowledgeable by the earlier 3 surveys. Responses from the 2021 survey carry 50 per cent of the total excess weight and people from 2020 and 2019 each account for 25 per cent. Excluding income-relevant conditions, if only two yrs of data are obtainable, the weighting is break up 60:40 if data are from 2021 and 2020, or 70:30 if from 2021 and 2019. For income figures, the weighting is 50:50 for two years’ knowledge, to stay clear of inflation-relevant distortions.
Info furnished by the organization colleges informs 10 criteria that collectively account for 35 for each cent of the closing ranking. The ESG classification is primarily based on the proportion of main courses dedicated to environmental, social and governance issues. It carries a fat of 3 for each cent.
The fat of the school and college student gender diversity is 4 for every cent every. For these gender range conditions, colleges with a 50:50 (male: feminine) composition obtain the best rating.
The intercontinental range calculation is based mostly on the over-all proportion of students and college from abroad as effectively as the spread of these individuals by citizenship dependent on the Herfindahl index, a evaluate of concentration.
The ultimate criterion, the FT investigate rank, accounts for 10 per cent of the ranking. It is calculated in accordance to the number of articles printed by schools’ entire-time school in 50 internationally recognised tutorial and practitioner journals. The rank brings together the complete variety of publications from January 2018 and all over Might 2021 with the range of publications weighted relative to the faculty’s size.
The FT rankings are relative. Colleges are ranked versus each and every other alternatively than from set criteria. The FT calculates the Z-scores for every single criterion. (Z-scores display how far a school’s facts is from the necessarily mean and are unitless, so they permit the ranking to be based mostly on quite distinct criteria — income, percentages and details.) These scores are then weighted as outlined in the rating crucial and extra collectively for a closing score.
Right after taking away the universities that did not meet the minimum amount response charge from their alumni, a to start with edition is calculated working with all remaining universities. The university at the base is taken off and a 2nd model is calculated. This motion is repeated to come across the prime 100.
Judith Pizer of Pizer-MacMillan acted as the FT’s databases marketing consultant.
The FT investigation rank was calculated utilizing Clarivate details masking 50 journals selected by FT from the Web of Science, an abstract and quotation database of study literature.
Weights for position conditions are demonstrated in brackets as a percentage.
Salary currently US$ (20): common alumnus salary a few a long time right after completion, US$ PPP equal.†
Wage maximize (20): typical change in alumni salaries amongst before the EMBA and now. Fifty percent of this determine is calculated in accordance to the complete salary maximize, and fifty percent in accordance to the share increase relative to the pre-EMBA salary – the figure revealed in the table. †
Careers progress (5): calculated according to modifications in the level of seniority and the dimensions of company alumni do the job in now, versus before their EMBA.†
Function expertise (5): a measure of the pre-EMBA working experience of alumni in accordance to the seniority of positions held, amount of several years in each and every situation, organisation dimension and overseas get the job done experience.†
Aims reached (5): the extent to which alumni fulfilled their aims or good reasons for accomplishing an EMBA.†
Female school (4): percentage of feminine college. ††
Female pupils (4): percentage of feminine college students on the programme. ††
Females on board (1): proportion of feminine associates of the advisory board. ††
International faculty (5): calculated in accordance to the variety of college by citizenship and the proportion whose citizenship differs from their spot of employment – the posted figure.
Intercontinental college students (5): the share of latest EMBA college students whose citizenship differs from the locale in which they examine, or in which the school’s major campus is positioned, as very well as their range by citizenship.
Intercontinental board (2): proportion of the board whose citizenship differs from the locale in which the company college is located.
International program experience (5): share of classroom educating hours that were being done exterior the place in which the business university is situated for the completing EMBA classes from 2018 to 2021 if out there. An typical calculation was taken from the 2021 survey, if facts have been accessible for essential overseas instructing sessions, furthermore the earlier two years’ worldwide system working experience knowledge (from the 2020 and 2019 surveys). Digital activities had been not included. Due to journey limits brought on by the pandemic, some educational institutions ended up unable to provide recent information for this class. If you are a possible student, make sure you get hold of the school to verify if they are capable to present courses overseas. †
Added languages (1): the amount of languages needed on graduation, excluding English. * Programme not thoroughly accessible in English.
School with doctorates (5): percentage of entire-time faculty with a doctoral degree.
FT research rank (10): calculated in accordance to the range of content articles posted by a school’s latest comprehensive-time faculty customers in 50 educational and practitioner journals between January 2018 and around May 2021. The rank brings together the absolute amount of publications with the range weighted relative to the faculty’s sizing.
Environmental, social and governance (ESG) rank (3): proportion of core classes dedicated to moral, social and environmental difficulties for the present and recent finishing course. Thanks to the pandemic, some universities do not have a current course, as a result knowledge was taken from their recent completing course only.
Total satisfaction: average evaluation by alumni of the program, scored out of 10. Immediately after alumni answered several thoughts about their EMBA expertise, they had been asked to fee their overall pleasure, on a 10-position scale.
FT ranking tier: universiti
es are divided into 4 groups. Educational facilities at the leading are in tier 1 and individuals at the conclusion are in tier 4.
† Incorporates info for the recent 12 months and the 1 or two preceding years where accessible.
†† For the a few gender-linked standards, educational facilities that have 50:50 (male:female) composition acquire the maximum attainable rating.