FT European business schools 2021: Methodology and key

This is the 18th annual Economical Occasions rating of European small business educational institutions. It is a composite rating based on the put together performance of Europe’s foremost educational institutions throughout the five principal rankings of programmes published by the FT in 2021: MBA, Government MBA, Masters in Management (MiM) and in 2020 for the two rankings of non-degree government schooling programmes as we did not operate the Custom made and Open up rankings this 12 months. The On the internet MBA and Masters in Finance rankings are not bundled.

The European school rank is calculated immediately after getting rid of non-European educational institutions for each of these principal rankings. MBA, EMBA and MiM account for twenty five for every cent each of each school’s whole performance. For Government Instruction, the scores attained for customised and open up programmes each account for 12.5 for every cent. Schools will have to have a least whole bodyweight of twenty five out of a feasible one hundred for all five rankings to be eligible.

Educational institutions ranked with a joint programme receive a proportional share of the programme’s indexed rating. For example, Essec receives 50 for every cent of the rating attained by its joint EMBA programme with Mannheim — really worth 12.5 for every cent of the feasible one hundred whole bodyweight.

The rating steps the schools’ top quality and breadth of programmes. High quality is provided a larger emphasis so that educational institutions providing superior-top quality instruction but not offering all the various programs thought of can nevertheless conduct strongly general.

An indexed rating is developed for each rating. These scores are then extra collectively, in accordance to the weighting above, generating a put together whole for each school, which includes a person third of the remaining rating. The remaining two-thirds is an common rating, derived by dividing the whole rating for each school by the selection of rankings in which it attributes.

Scores are not just based on aggregation of published rating positions. They are calculated using Z-scores — formulation that reflect the array in between the major and base school — for the specific standards that make up each element rating. 

The adhering to rules are unique to the FT composite European rating: 

• Programmes ranked outdoors the published tables for MBA, Government Instruction, Masters in Management and EMBA are taken into thing to consider. They are revealed with an asterisk.

• If a school has much more than a person programme in the very same rating, a put together weighted rating is awarded. HEC Paris receives 33 for every cent of the rating attained by the Trium World wide EMBA and the remaining 67 for every cent from its individual single programme.

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

Vital to the 2021 rating

Weights for rating standards are revealed in brackets as a percentage.

The European Business Educational institutions rating is based on the general scores that each school has attained for each rating in which it attributes, these kinds of as MBA, Government Instruction, Masters in Management and EMBA. The composite rating is not exclusively based on the information shown in the European educational institutions table.

MBA

European rank (twenty five): position amongst European educational institutions that took section in the 2021 FT world wide MBA rating.

Income now $: average alumni salary a few many years immediately after completion, US$ by buying power parity (PPP). Consists of weighted information from the existing and two previous many years, in which offered.

Income boost (%): average big difference in alumni salary in between pre-MBA and now, a few many years immediately after completion.

EMBA

European rank (twenty five): position amongst European educational institutions that took section in the 2021 EMBA rating.

Income now $: average alumni salary a few many years immediately after completion, US$ PPP. Consists of weighted information from the existing and two previous many years, in which offered.

Income boost (%): average big difference in alumni salary in between pre-EMBA and now, a few many years immediately after completion.

Masters in Management

European rank (twenty five): position amongst European educational institutions that participated in the 2021 FT MiM rating.

Income now $: average alumni salary a few many years immediately after completion, US$ PPP. Consists of weighted information from the existing and two previous many years, in which offered.

Income boost (%): average big difference in alumni salary in between completion and now, a few many years immediately after completion.

Government Instruction*

Open up programmes (12.5): position amongst European educational institutions that participated in the FT rating of open up-enrolment programmes in 2020.

Custom made programmes (12.5): position amongst European educational institutions that participated in the FT rating of customised programmes in 2020.

* We did not operate the Custom made and Open up rankings in 2021.

School

Female faculty: percentage of woman entire-time faculty.

Intercontinental faculty: percentage of entire-time faculty whose citizenship differs from region of work.

School with doctorates: percentage of entire-time faculty with a doctoral degree.

# Figure in brackets refers to information from individual joint programme for educational institutions with much more than a person degree ranked.

† Income boost in a few many years from completion to now for Masters in Management. For MBA and EMBA, the common big difference in alumni salary is in between before the degree and now, a few many years immediately after completion.

‡ School information are presented for data — taken from surveys for the 2021 tables. Educational institutions that only function in Government Instruction have presented faculty information, as of September 2021. 

* Faculty was ranked outdoors the remaining table in 2021 for MBA, EMBA or Masters in Management, or for Custom made and Open up in 2020. 

** Faculty participated in this rating on the basis of a joint programme only. Underlying rating based on proportion of whole rating.