FT Global MBA ranking 2021: methodology and key

This Monetary Moments MBA position functions the world’s greatest a hundred full-time MBA programmes. A full of 143 schools took part in the 2021 version. All participating schools meet the FT’s entry standards, which includes staying accredited by Equis or the AACSB. 

The FT surveys alumni a few yrs right after finishing their MBA. For schools to enter the position calculations, the FT needs that a least of 20 per cent of alumni reply to the survey, with at minimum 20 completely accomplished surveys. This calendar year only, because of disruption from the Covid-19 disaster, the FT considered schools with a reduced reaction price. About 6,570 from the class of 2017 accomplished our survey — a reaction price of 44 per cent. 

The position has 20 distinct standards. Alumni responses advise 8 standards that together add sixty one per cent of its bodyweight. Eleven standards are calculated from faculty info, accounting for 29 per cent of the position. KPMG audits a selection of schools just about every calendar year. The remaining criterion, the exploration rank, counts for 10 per cent. 

Alumni-educated standards are dependent on the info collected over a few yrs. Responses from the 2021 survey carry 50 per cent of full bodyweight and those people from 2020 and 2019, twenty five per cent each and every. If only two yrs of info are accessible, the weighting is break up 60: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 initially two alumni standards are common income a few yrs right after graduation and income improve in contrast with pre-MBA income, both weighted at 20 per cent. For the latter, half of the bodyweight applies to the absolute improve and half to the percentage increase (published). Recent salaries are converted to US dollars employing November 2020 IMF getting ability parity charges. 

The salaries of non-gain and general public sector staff and full-time college students are taken out, as are the best and cheapest salaries from each and every faculty, to calculate a normalised common. Finally, salaries are weighted to mirror discrepancies amongst distinct sectors. 

“Value for money” for each and every faculty is calculated by dividing their common alumni income a few yrs right after graduation by their MBA’s full price tag, which includes tuition, lost income, prospect price tag and other expenses. Any economical assistance specified to alumni is subtracted from the full. 

The FT also collects data from schools on their latest school, newly enrolled college students and the latest graduating class. School standards include the variety of employees, board associates and college students by gender, nationality and the MBA’s intercontinental access. For gender standards, schools with a 50:50 composition score best. 

The exploration rank is dependent on the selection of articles by full-time school in 50 internationally recognised tutorial and practitioner journals. The rank brings together the selection of publications from January 2018 to August 2020, with the selection weighted relative to school size. 

The company social accountability rank is dependent on the proportion of training hours from core courses focused to CSR, ethics, social and environmental issues. It carries a bodyweight of a few per cent. 

The FT World MBA position is a relative listing. Schools are ranked from each and every other by calculating a Z-score for each and every criterion. The Z-score is a statistic that reveals exactly where a score lies in relation to the signify. These scores are then weighted as outlined in the position important and additional together for a ultimate score. 

Right after removing schools that did not meet the reaction price threshold from the alumni survey, a initially edition is calculated employing all remaining schools. The faculty at the base is taken out and a second edition is calculated and so on till we access the leading a hundred. The leading a hundred schools are ranked accordingly to deliver the 2020 checklist.

Some schools that took part in the position earlier have been not able to take part this time thanks to difficulties from the pandemic. 

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

Monetary Moments MBA 2021 important
Weights for position standards are proven in brackets as a percentage of the total position. 

Income nowadays **: common alumnus income a few yrs right after completion, US$ PPP equal. This figure is not employed in the position. # 

Weighted income (20): common alumnus income a few yrs right after completion, US$ PPP equal, with adjustment for variants amongst sectors. #

Income improve (20): common distinction in alumni income from ahead of the MBA to now. 50 % of this figure is calculated in accordance to the absolute income improve and half in accordance to the percentage improve relative to pre-MBA income. # 

Worth for money (3): calculated employing income nowadays, study course duration, tuition and other costs, which includes lost income for the duration of the MBA. # 

Occupation progress (3): calculated in accordance to improvements in the degree of seniority and the size of enterprise alumni function in now, in contrast with ahead of their MBA. # 

Aims accomplished (3): the extent to which alumni fulfilled their said aims or causes for doing an MBA. # 

Professions support (3): performance of the faculty professions support for profession counselling, private improvement, networking activities, internship research and recruitment, as rated by their alumni. # 

Used at a few months (2): percentage of the most the latest graduating class which experienced found work or recognized a task offer inside a few months of finishing their scientific studies. The figure in brackets is the percentage of the class for which the faculty was capable to give work info and is employed to calculate the school’s ultimate score in this group. § 

Alumni propose (3): calculated in accordance to choice by alumni of a few schools from which they would recruit MBA graduates. # 

Feminine school (2): percentage of feminine school. 

Feminine college students (2): percentage of feminine college students on the full-time MBA. 

Girls on board (1): percentage of feminine associates on the school’s advisory board. 

Worldwide school (4): calculated in accordance to the variety of school by citizenship and the percentage whose nationality differs from their country of work — the figure published in the table. ‡ 

Worldwide college students (4): calculated in accordance to the variety of latest MBA college students by citizenship and the percentage whose nationality differs from the country in which they review — the figure in the table. ‡ 

Worldwide board (2): percentage of the board whose citizenship differs from the country in which the faculty is dependent. 

Worldwide mobility (6): dependent on alumni citizenship and the countries exactly where they labored ahead of their MBA, on graduation and a few yrs right after. 

Worldwide study course encounter (3): calculated in accordance to whether or not the most the latest graduating MBA class accomplished exchanges and enterprise internships, long lasting at minimum a month, in countries other than exactly where the faculty is dependent. For 2021, the calculation was dependent on the common across the previous two or a few yrs of intercontinental study course encounter info, if accessible. For schools that have taken part for the initially time this calendar year, only info from the 2021 survey have been employed.

Added languages (1): selection of languages required on graduation, excluding English. § 

College with doctorates (five): percentage of full-time school with a doctoral degree. 

FT explora
tion rank (10): calculated in accordance to the selection of articles published by latest full-time school associates in 50 chosen tutorial and practitioner journals amongst January 2018 and July 2020. The FT50 rank brings together the absolute selection of publications with the selection weighted relative to the faculty’s size. 

Company social accountability (3): proportion of training hours from core courses focused to CSR, ethics, social and environmental issues. 

In general fulfillment **: common evaluation by alumni of the study course, scored out of 10. Right after alumni answered several inquiries about their MBA encounter, they have been requested to price their total fulfillment, on a 10-issue scale. This figure is not employed in the position. 

Footnotes
Schools with a 50:50 (male/feminine) composition acquire the best feasible score in the a few gender-related standards. 

§ Alumni who accomplished MBA amongst July 2019 and June 2020. 

# Incorporates info for the class of 2017 and one or two previous lessons exactly where accessible. 

‡ When we recognise the difference amongst Chinese and Taiwanese students and college students, inside China no this kind of difference may well have been noticed when recording variety. 

** Category not employed in the position. 

The FT exploration rank was calculated employing Clarivate Analytics info from the Net of Science, an summary and quotation database of exploration literature.