This is the twenty second edition of the Money Instances rankings of the world’s major companies of customised and open up-enrolment executive training programmes.
The customised ranking capabilities the prime eighty five organization universities — these are classes customized to the education desires of the organisations that fee them. The next ranking includes the prime seventy five universities for open up-enrolment programmes — classes on particular subject areas, these kinds of as leadership, that are directed toward experts irrespective of their employer. A third, put together ranking lists the prime fifty universities for executive training, calculated from the customised and open up tables.
Educational facilities using element have to be internationally accredited by either Equis or AACSB and have gained revenues of at least $2m in 2019 from either their customised or open up-enrolment non-degree programmes. This year, a full of 107 universities took element in either or both equally rankings.
The ranking of customised class companies is compiled making use of data from the organization universities and their corporate purchasers in 2019. Every faculty have to nominate a minimum of 20 purchasers. At least five of them have to full the FT study for a faculty to be qualified for the last ranking.
The FT study was accomplished by 1,one hundred thirty five organization faculty purchasers this yr — a reaction level of fifty six per cent. Every rated their programme on a ten-point scale in accordance to a variety of indicators. Their solutions instantly advise the first ten of the ranking’s standards, from class design and style to stick to-up and potential use, which account for a put together eighty per cent of the ranking’s pounds.
Shopper responses are weighted in accordance to programme sort. Clientele find one particular of 3 selections to categorise their programme: strategic (delivered to prime management and created to influence a company’s path) general (delivered to management on operational factors of a enterprise) or practical (similar to a particular function, these kinds of as marketing). Strategic programmes have the biggest weighting and therefore the biggest effects on the ranking.
Responses are also weighted in accordance to the seniority of the personal accountable for specifying the class, the dimensions of the customer organisation and the number of universities with which that customer has commissioned customised classes in the past 3 many years.
The final five standards are calculated from information and facts presented by universities on intercontinental purchasers, abroad programmes, development, associate universities and faculty diversity.
The open up-enrolment ranking is compiled making use of data from class companies and men and women who accomplished their nominated management programmes in 2019. Educational facilities post one or two general classes of at least 3 days in length and one particular or two sophisticated classes of at least five days. At least 20 per cent of these programmes’ participants have to full the FT study, with a minimum of 20 accomplished surveys, for a faculty to be viewed as in the last ranking.
A full of five,480 participants answered this year’s open up programme study — a reaction level of 37 per cent — rating elements of their class on a ten-point scale. Responses by sophisticated and general-degree participants are put together to work out the first ten ranking standards.
These standards, which involve the quality of the participants, of the educating and the relevance of the skills they received, advise eighty per cent of the ranking. Faculty data are employed to work out the remaining standards on female and intercontinental participants, development, intercontinental locale and associate universities.
For both equally rankings, information and facts gathered in the previous two many years is employed, exactly where accessible, to work out standards educated by customer and participant responses. If a faculty has participated for the past 3 many years, the weighting is forty:33:27, with 2020 data counting for forty per cent. If two many years of information and facts is accessible, the weighting is 55:45, with 2020 data accounting for 55 per cent.
The weightings accorded to the first 9 and ten standards in the customised and open up rankings, respectively, are determined by the degree of relevance purchasers and participants attach to each in their surveys for the 2020 ranking. Weightings for these standards therefore fluctuate slightly from yr to yr.
Educational facilities that attribute in both equally rankings are qualified for the put together over-all ranking. The prime fifty universities are calculated in accordance to an equivalent weighting of the full scores realized in both equally rankings, rather than an common of ranking positions.
Judith Pizer of Pizer-MacMillan acted as the FT’s database marketing consultant
Critical: Customised-enrolment programme
(weights for ranking standards are shown in brackets as a percentage of the over-all ranking)
The first ten standards, up to and together with “Future use”, are based mostly on data from the businesses that commissioned executive classes.
The following five are based mostly on data claimed by organization universities. Educational facilities are ranked for each of these standards. The final category, “Total responses‡”, is for information and facts only and does not advise the ranking.
Figures in brackets present the pounds each criterion contributes to the over-all ranking. The weighting accorded to the first 9 standards, from planning to value for money, accounts for eighty per cent of the full ranking’s pounds. It is determined by the level of relevance that purchasers attach to each.
Planning (eight.three): degree of conversation between customer and faculty, the extent to which clients’ suggestions ended up built-in into the programme, and the performance of the faculty in integrating its most up-to-date analysis.
Programme design and style (eight.four): versatility of the class and the willingness of universities to enhance their faculty with exterior specialists.
Teaching techniques and materials (7.9): extent to which educating techniques and components ended up modern and suitable, and integrated a appropriate blend of tutorial rigour and simple relevance.
School (eight.four): high-quality of educating and the extent to which educating personnel worked with each other to present a coherent programme.
New skills and discovering (eight.three): relevance of skills received to the workplace, the relieve with which they ended up implemented, and the extent to which the course encouraged new approaches of wondering.
Follow-up (7.three): extent and performance of stick to-up made available soon after the class participants returned to their workplaces.
Aims realized (eight.four): extent to which tutorial and organization expectations ended up achieved, and the high-quality of feed-back from personal participants to class commissioners.
Services (7.four): rating of the discovering environment’s high-quality and convenience, and of supporting sources and services.
Benefit for money (7.7): clients’ rating of the programme’s design and style, educating and components in terms of value for money.
Future use (eight.): probability that purchasers would reuse the identical faculty for other customised programmes in the potential, and whether or not they would recommission the identical programme.
Intercontinental purchasers (five.): based mostly on the percentage of purchasers with headquarters outside the organization school’s base state and area.
Ab
road programmes (2.): intercontinental achieve of the school’s customised programme educating.
Expansion (five.): based mostly on the over-all development in revenues from customised programmes as nicely as the development in revenues from repeat organization.
Partner universities (three.): quantity and high-quality of programmes developed or taught in conjunction with other Equis or Association to Progress Collegiate Educational facilities of Business enterprise (AACSB) accredited organization universities.
School diversity (five.): diversity of faculty faculty in accordance to citizenship and gender.
Total responses: number of personal surveys accomplished by the school’s purchasers. Figures in brackets suggest the number of many years of study data counted toward the ranking.
Critical: Open-enrolment programme
(weights for ranking standards are shown in brackets as a percentage of the over-all ranking)
The first ten standards are based mostly on data from programme participants the following 6 are based mostly on data submitted by the organization universities. Ranks are shown for each of these standards, aside from “Female participants”, which shows the percentage. Figures in brackets present the pounds each criterion contributes to the over-all ranking. The weighting accorded to the first ten standards, from planning to services, accounts for eighty per cent of the full ranking’s pounds. It is determined by the degree of relevance that participants attach to each.
Planning (7.7): provision of sophisticated information and facts on programme content material, and the participant range process.
Course design and style (eight.6): versatility of the class and appropriateness of course dimensions, framework and design and style.
Teaching techniques and components (eight.three): extent to which educating techniques and components ended up modern and suitable, and integrated a appropriate blend of tutorial rigour and simple relevance.
School (eight.7): high-quality of the educating and the extent to which educating personnel worked with each other to present a coherent programme.
Top quality of participants (7.9): extent to which other participants ended up of the suitable managerial and tutorial common, the intercontinental diversity of participants and the high-quality of conversation among friends.
New skills and discovering (eight.7): relevance of skills received to the workplace, the relieve with which they ended up implemented, and the extent to which the class inspired new approaches of wondering.
Follow-up (7.three): degree of stick to-up made available soon after participants returned to their workplaces, and networking chances with fellow participants.
Aims realized (eight.four): extent to which private and professional expectations ended up achieved, and the probability that participants would advise the programme.
Foodstuff and lodging (6.eight): rating of the high-quality of foods and lodging.
Services (7.6): rating of the discovering environment’s high-quality and convenience, and of supporting sources and services.
Female participants (2.): percentage of female class participants.
Intercontinental participants (three.): based mostly on the percentage of participants from outside the organization school’s base state and area.
Intercontinental locale (2.): extent to which programmes are operate outside the school’s base state and area.
Expansion (five.): based mostly on the over-all development in revenues from open up programmes as nicely as the development in revenues from repeat organization.
Partner universities (three.): quantity and high-quality of programmes taught in conjunction with other Equis or AACSB accredited organization universities.
School diversity (five.): diversity of faculty faculty in accordance to citizenship and gender.
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