FT Global MBA ranking 2021: methodology and key

This Economic Occasions MBA position characteristics the world’s most effective 100 full-time MBA programmes. A total of 143 colleges took section in the 2021 version. All collaborating colleges meet the FT’s entry requirements, such as remaining accredited by Equis or the AACSB. 

The FT surveys alumni three a long time following completing their MBA. For colleges to enter the position calculations, the FT calls for that a minimal of twenty for each cent of alumni reply to the survey, with at the very least twenty fully completed surveys. This calendar year only, due to the fact of disruption from the Covid-19 crisis, the FT regarded as colleges with a lessen response rate. About 6,570 from the course of 2017 completed our survey — a response rate of forty four for each cent. 

The position has twenty different requirements. Alumni responses inform eight requirements that collectively lead 61 for each cent of its weight. Eleven requirements are calculated from school data, accounting for 29 for each cent of the position. KPMG audits a variety of colleges each and every calendar year. The remaining criterion, the investigation rank, counts for 10 for each cent. 

Alumni-informed requirements are based on the data collected above three a long time. Responses from the 2021 survey carry 50 for each cent of total weight and these from 2020 and 2019, 25 for each cent each and every. If only two a long time of data are obtainable, the weighting is break up sixty:40 if data are from 2021 and 2020, or 70:30 if they are from 2021 and 2019. For salary figures, the weighting is 50:50 for two years’ data. 

The very first two alumni requirements are typical profits three a long time following graduation and salary increase in contrast with pre-MBA salary, both weighted at twenty for each cent. For the latter, half of the weight applies to the complete increase and half to the proportion increase (revealed). Current salaries are converted to US pounds utilizing November 2020 IMF obtaining electricity parity premiums. 

The salaries of non-revenue and general public sector workers and full-time learners are taken off, as are the highest and lowest salaries from each and every school, to determine a normalised typical. At last, salaries are weighted to replicate differences between different sectors. 

“Value for money” for each and every school is calculated by dividing their typical alumni salary three a long time following graduation by their MBA’s total price tag, such as tuition, dropped salary, chance price tag and other fees. Any monetary support offered to alumni is subtracted from the total. 

The FT also collects information from colleges on their current faculty, newly enrolled learners and the most up-to-date graduating course. School requirements involve the diversity of personnel, board associates and learners by gender, nationality and the MBA’s international achieve. For gender requirements, colleges with a 50:50 composition rating highest. 

The investigation rank is based on the variety of content articles by full-time faculty in 50 internationally recognised academic and practitioner journals. The rank combines the variety of publications from January 2018 to August 2020, with the variety weighted relative to faculty dimension. 

The corporate social duty rank is based on the proportion of instructing hours from main programs committed to CSR, ethics, social and environmental difficulties. It carries a weight of three for each cent. 

The FT International MBA position is a relative listing. Educational institutions are ranked towards each and every other by calculating a Z-rating for each and every criterion. The Z-rating is a statistic that demonstrates where by a rating lies in relation to the imply. These scores are then weighted as outlined in the position critical and additional collectively for a ultimate rating. 

Right after getting rid of colleges that did not meet the response rate threshold from the alumni survey, a very first version is calculated utilizing all remaining colleges. The school at the base is taken off and a next version is calculated and so on until eventually we achieve the prime 100. The prime 100 colleges are ranked accordingly to deliver the 2020 record.

Some colleges that took section in the position formerly were being not able to participate this time thanks to troubles from the pandemic. 

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

Economic Occasions MBA 2021 critical
Weights for position requirements are demonstrated in brackets as a proportion of the general position. 

Income nowadays **: typical alumnus salary three a long time following completion, US$ PPP equal. This figure is not employed in the position. # 

Weighted salary (twenty): typical alumnus salary three a long time following completion, US$ PPP equal, with adjustment for variations between sectors. #

Income increase (twenty): typical variance in alumni salary from just before the MBA to now. Half of this figure is calculated according to the complete salary increase and half according to the proportion increase relative to pre-MBA salary. # 

Value for income (three): calculated utilizing salary nowadays, study course length, tuition and other fees, such as dropped profits during the MBA. # 

Occupation development (three): calculated according to variations in the stage of seniority and the dimension of company alumni perform in now, in contrast with just before their MBA. # 

Aims realized (three): the extent to which alumni fulfilled their stated targets or explanations for doing an MBA. # 

Careers services (three): performance of the school occupations services for profession counselling, personalized development, networking events, internship search and recruitment, as rated by their alumni. # 

Used at three months (two): proportion of the most modern graduating course which experienced uncovered employment or accepted a occupation provide within three months of completing their research. The figure in brackets is the proportion of the course for which the school was in a position to deliver employment data and is employed to determine the school’s ultimate rating in this class. § 

Alumni propose (three): calculated according to range by alumni of three colleges from which they would recruit MBA graduates. # 

Feminine faculty (two): proportion of woman faculty. 

Feminine learners (two): proportion of woman learners on the full-time MBA. 

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

Worldwide faculty (four): calculated according to the diversity of faculty by citizenship and the proportion whose nationality differs from their place of employment — the figure revealed in the table. ‡ 

Worldwide learners (four): calculated according to the diversity of current MBA learners by citizenship and the proportion whose nationality differs from the place in which they research — the figure in the table. ‡ 

Worldwide board (two): proportion of the board whose citizenship differs from the place in which the school is based. 

Worldwide mobility (6): based on alumni citizenship and the international locations where by they worked just before their MBA, on graduation and three a long time following. 

Worldwide study course encounter (three): calculated according to regardless of whether the most modern graduating MBA course completed exchanges and company internships, lasting at the very least a month, in international locations other than where by the school is based. For 2021, the calculation was based on the typical throughout the earlier two or three a long time of international study course encounter data, if obtainable. For colleges that have taken section for the very first time this calendar year, only data from the 2021 survey were being employed.

More languages (one): variety of languages necessary on graduation, excluding English. § 

College with doctorates (five): proportion of full-time faculty with a doctoral degree. 

FT investigation rank (10): calculated according to the variety of content articles revealed by current full-time faculty associates in 50 picked academic and practitioner journals between January 2018 and July 2020. The FT50 rank combines the complete variety of publications with the variety weighted relative to the faculty’s dimension. 

Corporate social duty (three): proportion of instructing hours from main programs committed to CSR, ethics, social and environmental difficulties. 

All round pleasure **: typical evaluation by alumni of the study course, scored out of 10. Right after alumni answered many issues about their MBA encounter, they were being questioned to rate their general pleasure, on a 10-stage scale. This figure is not employed in the position. 

Footnotes
Educational institutions with a 50:50 (male/woman) composition acquire the highest possible rating in the three gender-connected requirements. 

§ Alumni who completed MBA between July 2019 and June 2020. 

# Features data for the course of 2017 and 1 or two previous classes where by obtainable. 

‡ While we recognise the distinction between Chinese and Taiwanese scholars and learners, within China no these distinction may perhaps have been noticed when recording diversity. 

** Group not employed in the position. 

The FT investigation rank was calculated utilizing Clarivate Analytics data from the World wide web of Science, an abstract and citation databases of investigation literature.