FT European business schools 2021: Methodology and key

This is the 18th once-a-year Fiscal Times position of European enterprise educational facilities. It is a composite position based on the mixed performance of Europe’s top educational facilities throughout the 5 key rankings of programmes published by the FT in 2021: MBA, Executive MBA, Masters in Management (MiM) and in 2020 for the two rankings of non-degree government education programmes as we did not operate the Custom made and Open rankings this yr. The Online MBA and Masters in Finance rankings are not integrated.

The European faculty rank is calculated right after getting rid of non-European educational facilities for each of these key rankings. MBA, EMBA and MiM account for twenty five per cent each of each school’s total performance. For Executive Instruction, the scores received for customised and open up programmes each account for twelve.five per cent. Schools have to have a minimal total body weight of twenty five out of a feasible 100 for all 5 rankings to be qualified.

Faculties rated with a joint programme get a proportional share of the programme’s indexed score. For instance, Essec receives fifty per cent of the score obtained by its joint EMBA programme with Mannheim — well worth twelve.five per cent of the feasible 100 total body weight.

The position actions the schools’ good quality and breadth of programmes. Quality is offered a better emphasis so that educational facilities giving large-good quality education but not giving all the unique programs deemed can nonetheless accomplish strongly over-all.

An indexed score is established for each position. These scores are then additional together, according to the weighting earlier mentioned, developing a mixed total for each faculty, which comprises a single 3rd of the last score. The remaining two-thirds is an average score, derived by dividing the total score for each faculty by the amount of rankings in which it functions.

Scores are not simply just based on aggregation of published position positions. They are calculated using Z-scores — formulation that replicate the assortment in between the top rated and bottom faculty — for the particular person requirements that make up each component position. 

The following principles are certain to the FT composite European position: 

• Programmes rated outside the published tables for MBA, Executive Instruction, Masters in Management and EMBA are taken into thing to consider. They are proven with an asterisk.

• If a faculty has much more than a single programme in the same position, a mixed weighted score is awarded. HEC Paris receives 33 per cent of the score obtained by the Trium International EMBA and the remaining sixty seven per cent from its possess solitary programme.

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

Essential to the 2021 position

Weights for position requirements are proven in brackets as a proportion.

The European Small business Faculties position is based on the over-all scores that each faculty has obtained for each position in which it functions, these as MBA, Executive Instruction, Masters in Management and EMBA. The composite position is not exclusively based on the data displayed in the European educational facilities table.

MBA

European rank (twenty five): position among the European educational facilities that took section in the 2021 FT international MBA position.

Wage currently $: average alumni income three several years right after completion, US$ by acquiring power parity (PPP). Consists of weighted data from the current and two prior several years, in which available.

Wage boost (%): average big difference in alumni income in between pre-MBA and now, three several years right after completion.

EMBA

European rank (twenty five): placement among the European educational facilities that took section in the 2021 EMBA position.

Wage currently $: average alumni income three several years right after completion, US$ PPP. Consists of weighted data from the current and two prior several years, in which available.

Wage boost (%): average big difference in alumni income in between pre-EMBA and now, three several years right after completion.

Masters in Management

European rank (twenty five): placement among the European educational facilities that participated in the 2021 FT MiM position.

Wage currently $: average alumni income three several years right after completion, US$ PPP. Consists of weighted data from the current and two prior several years, in which available.

Wage boost (%): average big difference in alumni income in between completion and now, three several years right after completion.

Executive Instruction*

Open programmes (twelve.five): placement among the European educational facilities that participated in the FT position of open up-enrolment programmes in 2020.

Custom made programmes (twelve.five): placement among the European educational facilities that participated in the FT position of customised programmes in 2020.

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

School

Female college: percentage of female complete-time college.

International college: percentage of complete-time college whose citizenship differs from country of employment.

School with doctorates: percentage of complete-time college with a doctoral degree.

# Determine in brackets refers to data from different joint programme for educational facilities with much more than a single degree rated.

† Wage boost in three several years from completion to now for Masters in Management. For MBA and EMBA, the average big difference in alumni income is in between ahead of the degree and now, three several years right after completion.

‡ School data are furnished for details — taken from surveys for the 2021 tables. Faculties that only aspect in Executive Instruction have furnished college data, as of September 2021. 

* University was rated outside the last table in 2021 for MBA, EMBA or Masters in Management, or for Custom made and Open in 2020. 

** University participated in this position on the basis of a joint programme only. Underlying score based on proportion of total score.