May 29, 2024

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FT Global MBA ranking 2021: methodology and key

This Money Situations MBA rating features the world’s ideal 100 complete-time MBA programmes. A overall of 143 colleges took aspect in the 2021 edition. All collaborating colleges meet the FT’s entry requirements, such as staying accredited by Equis or the AACSB. 

The FT surveys alumni a few many years following finishing their MBA. For colleges to enter the rating calculations, the FT needs that a minimum amount of twenty per cent of alumni reply to the survey, with at the very least twenty completely concluded surveys. This 12 months only, mainly because of disruption from the Covid-19 disaster, the FT viewed as colleges with a lessen response level. About 6,570 from the class of 2017 concluded our survey — a response level of forty four per cent. 

FT MBA rating 2021 — major 100

Find out which colleges are in our rating of MBA degrees. Discover how the desk was compiled.

The rating has twenty diverse requirements. Alumni responses advise eight requirements that with each other contribute 61 per cent of its weight. Eleven requirements are calculated from college info, accounting for 29 per cent of the rating. KPMG audits a selection of colleges each individual 12 months. The remaining criterion, the research rank, counts for ten per cent. 

Alumni-knowledgeable requirements are primarily based on the info collected over a few many years. Responses from the 2021 survey carry 50 per cent of overall weight and these from 2020 and 2019, twenty five per cent each individual. If only two many years of info are offered, the weighting is break up sixty:forty if info are from 2021 and 2020, or 70:30 if they are from 2021 and 2019. For income figures, the weighting is 50:50 for two years’ info. 

The first two alumni requirements are typical profits a few many years following graduation and income boost in comparison with pre-MBA income, both weighted at twenty per cent. For the latter, 50 % of the weight applies to the absolute boost and 50 % to the proportion increase (printed). Recent salaries are converted to US bucks utilizing November 2020 IMF buying power parity premiums. 

The salaries of non-profit and public sector personnel and complete-time pupils are eliminated, as are the optimum and lowest salaries from each individual college, to determine a normalised typical. Eventually, salaries are weighted to replicate distinctions involving diverse sectors. 

“Value for money” for each individual college is calculated by dividing their typical alumni income a few many years following graduation by their MBA’s overall cost, such as tuition, lost income, possibility cost and other costs. Any money assistance given to alumni is subtracted from the overall. 

The FT also collects data from colleges on their recent school, newly enrolled pupils and the most up-to-date graduating class. School requirements incorporate the variety of employees, board users and pupils by gender, nationality and the MBA’s international attain. For gender requirements, colleges with a 50:50 composition score optimum. 

The research rank is primarily based on the selection of content by complete-time school in 50 internationally recognised educational and practitioner journals. The rank brings together the selection of publications from January 2018 to August 2020, with the selection weighted relative to school measurement. 

The company social obligation rank is primarily based on the proportion of educating several hours from core courses committed to CSR, ethics, social and environmental concerns. It carries a weight of a few per cent. 

The FT World wide MBA rating is a relative listing. Educational institutions are ranked in opposition to each individual other by calculating a Z-score for each individual criterion. The Z-score is a statistic that reveals wherever a score lies in relation to the imply. These scores are then weighted as outlined in the rating crucial and added with each other for a last score. 

Just after eradicating colleges that did not meet the response level threshold from the alumni survey, a first model is calculated utilizing all remaining colleges. The college at the base is eliminated and a 2nd model is calculated and so on until we attain the major 100. The major 100 colleges are ranked accordingly to make the 2020 listing.

Some colleges that took aspect in the rating formerly ended up not able to participate this time thanks to problems from the pandemic. 

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

Money Situations MBA 2021 crucial
Weights for rating requirements are shown in brackets as a proportion of the in general rating. 

Wage nowadays **: typical alumnus income a few many years following completion, US$ PPP equivalent. This determine is not applied in the rating. # 

Weighted income (twenty): typical alumnus income a few many years following completion, US$ PPP equivalent, with adjustment for variations involving sectors. #

Wage boost (twenty): typical big difference in alumni income from prior to the MBA to now. Half of this determine is calculated according to the absolute income boost and 50 % according to the proportion boost relative to pre-MBA income. # 

Price for money (3): calculated utilizing income nowadays, system length, tuition and other fees, such as lost profits in the course of the MBA. # 

Job development (3): calculated according to changes in the level of seniority and the measurement of enterprise alumni do the job in now, in comparison with prior to their MBA. # 

Aims realized (3): the extent to which alumni fulfilled their mentioned objectives or good reasons for executing an MBA. # 

Occupations support (3): success of the college careers support for job counselling, private advancement, networking situations, internship lookup and recruitment, as rated by their alumni. # 

Utilized at a few months (2): proportion of the most latest graduating class which had uncovered employment or accepted a position provide within just a few months of finishing their scientific studies. The determine in brackets is the proportion of the class for which the college was in a position to give employment info and is applied to determine the school’s last score in this class. § 

Alumni suggest (3): calculated according to selection by alumni of a few colleges from which they would recruit MBA graduates. # 

Feminine school (2): proportion of woman school. 

Feminine pupils (2): proportion of woman pupils on the complete-time MBA. 

Women on board (one): proportion of woman users on the school’s advisory board. 

Worldwide school (4): calculated according to the variety of school by citizenship and the proportion whose nationality differs from their nation of employment — the determine printed in the desk. ‡ 

Worldwide pupils (4): calculated according to the variety of recent MBA pupils by citizenship and the proportion whose nationality differs from the nation in which they analyze — the determine in the desk. ‡ 

Worldwide board (2): proportion of the board whose citizenship differs from the nation in which the college is primarily based. 

Worldwide mobility (6): primarily based on alumni citizenship and the international locations wherever they labored prior to their MBA, on graduation and a few many years following. 

Worldwide system knowledge (3): calculated according to irrespective of whether the most latest graduating MBA class concluded exchanges and enterprise internships, lasting at the very least a thirty day period, in international locations other than wherever the college is primarily based. For 2021, the calculation was primarily based on the typical across the earlier two or a few many years of international system knowledge info, if offered. For colleges that have taken aspect for the first time this 12 months, only info from the 2021 survey ended up applied.

More languages (one): selection of languages expected on graduation, excluding English. § 

School with doctorates (five): proportion of complete-time scho
ol with a doctoral diploma. 

FT research rank (ten): calculated according to the selection of content printed by recent complete-time school users in 50 selected educational and practitioner journals involving January 2018 and July 2020. The FT50 rank brings together the absolute selection of publications with the selection weighted relative to the faculty’s measurement. 

Corporate social obligation (3): proportion of educating several hours from core courses committed to CSR, ethics, social and environmental concerns. 

Over-all gratification **: typical evaluation by alumni of the system, scored out of ten. Just after alumni answered different inquiries about their MBA knowledge, they ended up questioned to level their in general gratification, on a ten-point scale. This determine is not applied in the rating. 

Footnotes
Educational institutions with a 50:50 (male/woman) composition receive the optimum possible score in the a few gender-similar requirements. 

§ Alumni who concluded MBA involving July 2019 and June 2020. 

# Incorporates info for the class of 2017 and one or two preceding courses wherever offered. 

‡ Even though we recognise the distinction involving Chinese and Taiwanese scholars and pupils, within just China no such distinction might have been observed when recording variety. 

** Classification not applied in the rating. 

The FT research rank was calculated utilizing Clarivate Analytics info from the Net of Science, an abstract and citation database of research literature.