This is the 22nd edition of the Money Times rankings of the world’s major providers of customised and open-enrolment government education programmes.
The customised position options the prime 85 business educational facilities — these are classes personalized to the coaching desires of the organisations that fee them. The next position contains the prime 75 educational facilities for open-enrolment programmes — classes on unique subjects, these as leadership, that are directed towards specialists irrespective of their employer. A 3rd, combined position lists the prime 50 educational facilities for government education, calculated from the customised and open tables.
Universities getting aspect need to be internationally accredited by either Equis or AACSB and have attained revenues of at least $2m in 2019 from either their customised or open-enrolment non-degree programmes. This year, a complete of 107 educational facilities took aspect in either or both rankings.
The position of customised class providers is compiled making use of knowledge from the business educational facilities and their corporate customers in 2019. Every college need to nominate a minimal of twenty customers. At least five of them need to comprehensive the FT survey for a college to be eligible for the last position.
The FT survey was completed by 1,a hundred thirty five business college customers this calendar year — a reaction price of 56 per cent. Every rated their programme on a ten-stage scale in accordance to a assortment of indicators. Their responses immediately inform the first ten of the ranking’s standards, from class design and style to observe-up and potential use, which account for a combined eighty per cent of the ranking’s bodyweight.
Consumer responses are weighted in accordance to programme style. Clients pick out just one of 3 solutions to categorise their programme: strategic (delivered to prime administration and developed to affect a company’s route) general (delivered to administration on operational facets of a organization) or useful (associated to a unique perform, these as advertising). Strategic programmes have the largest weighting and for that reason the finest impression on the position.
Responses are also weighted in accordance to the seniority of the person dependable for specifying the class, the sizing of the customer organisation and the number of educational facilities with which that customer has commissioned customised classes in the earlier 3 yrs.
The very last five standards are calculated from information delivered by educational facilities on worldwide customers, overseas programmes, development, husband or wife educational facilities and college range.
The open-enrolment position is compiled making use of knowledge from class providers and persons who completed their nominated administration programmes in 2019. Universities submit one or two general classes of at least 3 days in length and just one or two innovative classes of at least five days. At least twenty per cent of these programmes’ members need to comprehensive the FT survey, with a minimal of twenty completed surveys, for a college to be viewed as in the last position.
A complete of five,480 members answered this year’s open programme survey — a reaction price of 37 per cent — score components of their class on a ten-stage scale. Responses by innovative and general-stage members are combined to estimate the first ten position standards.
These standards, which consist of the quality of the members, of the instructing and the relevance of the expertise they obtained, inform eighty per cent of the position. School knowledge are made use of to estimate the remaining standards on female and worldwide members, development, worldwide area and husband or wife educational facilities.
For both rankings, information gathered in the preceding two yrs is made use of, wherever obtainable, to estimate standards educated by customer and participant responses. If a college has participated for the earlier 3 yrs, the weighting is forty:33:27, with 2020 knowledge counting for forty per cent. If two yrs of information is obtainable, the weighting is 55:45, with 2020 knowledge accounting for 55 per cent.
The weightings accorded to the first 9 and ten standards in the customised and open rankings, respectively, are established by the stage of worth customers and members attach to every single in their surveys for the 2020 position. Weightings for these standards for that reason vary slightly from calendar year to calendar year.
Universities that characteristic in both rankings are eligible for the combined total position. The prime 50 educational facilities are calculated in accordance to an equal weighting of the complete scores obtained in both rankings, relatively than an ordinary of position positions.
Judith Pizer of Pizer-MacMillan acted as the FT’s database advisor
Important: Customised-enrolment programme
(weights for position standards are shown in brackets as a percentage of the total position)
The first ten standards, up to and together with “Future use”, are primarily based on knowledge from the providers that commissioned government classes.
The up coming five are primarily based on knowledge noted by business educational facilities. Universities are ranked for every single of these standards. The very last class, “Total responses‡”, is for information only and does not inform the position.
Figures in brackets display the bodyweight every single criterion contributes to the total position. The weighting accorded to the first 9 standards, from preparation to price for money, accounts for eighty per cent of the complete ranking’s bodyweight. It is established by the level of worth that customers attach to every single.
Planning (8.3): stage of interaction amongst customer and college, the extent to which clients’ tips were integrated into the programme, and the effectiveness of the college in integrating its most up-to-date investigation.
Programme design and style (8.four): overall flexibility of the class and the willingness of educational facilities to enhance their college with exterior specialists.
Training methods and materials (7.nine): extent to which instructing methods and supplies were contemporary and proper, and provided a appropriate mix of tutorial rigour and sensible relevance.
School (8.four): quality of instructing and the extent to which instructing staff labored collectively to present a coherent programme.
New expertise and mastering (8.3): relevance of expertise obtained to the workplace, the simplicity with which they were executed, and the extent to which the course encouraged new strategies of wondering.
Comply with-up (7.3): extent and effectiveness of observe-up provided immediately after the class members returned to their workplaces.
Aims obtained (8.four): extent to which tutorial and business expectations were satisfied, and the quality of opinions from person members to class commissioners.
Services (7.four): score of the mastering environment’s quality and usefulness, and of supporting sources and amenities.
Benefit for money (7.7): clients’ score of the programme’s design and style, instructing and supplies in terms of price for money.
Potential use (8.): chance that customers would reuse the very same college for other customised programmes in the potential, and no matter if they would recommission the very same programme.
Worldwide customers (five.): primarily based on the percentage of customers with headquarters outdoors the business school’s foundation region and area.
Abroad programmes (2.): worldwide arrive at of the school’s customised programme instructing.
Advancement (five.): primarily based on the total development in revenues from customised programmes as perfectly as the development in revenues from repeat business.
Spouse educational facilities (3.): quantity and quality of programmes created or taught in conjunction with other Equis or Affiliation to Advance Collegiate Universities of Business enterprise (AACSB) accredited business educational facilities.
School range (five.): range of college college in accordance to citizenship and gender.
Whole responses: number of person surveys completed by the school’s customers. Figures in brackets point out the number of yrs of survey knowledge counted towards the position.
Important: Open-enrolment programme
(weights for position standards are shown in brackets as a percentage of the total position)
The first ten standards are primarily based on knowledge from programme members the up coming 6 are primarily based on knowledge submitted by the business educational facilities. Ranks are shown for every single of these standards, apart from “Female participants”, which shows the percentage. Figures in brackets display the bodyweight every single criterion contributes to the total position. The weighting accorded to the first ten standards, from preparation to amenities, accounts for eighty per cent of the complete ranking’s bodyweight. It is established by the stage of worth that members attach to every single.
Planning (7.7): provision of innovative information on programme material, and the participant collection approach.
Course design and style (8.6): overall flexibility of the class and appropriateness of course sizing, framework and design and style.
Training methods and supplies (8.3): extent to which instructing methods and supplies were contemporary and proper, and provided a appropriate mix of tutorial rigour and sensible relevance.
School (8.7): quality of the instructing and the extent to which instructing staff labored collectively to present a coherent programme.
Top quality of members (7.nine): extent to which other members were of the proper managerial and tutorial regular, the worldwide range of members and the quality of interaction amid friends.
New expertise and mastering (8.7): relevance of expertise obtained to the workplace, the simplicity with which they were executed, and the extent to which the class encouraged new strategies of wondering.
Comply with-up (7.3): stage of observe-up provided immediately after members returned to their workplaces, and networking chances with fellow members.
Aims obtained (8.four): extent to which individual and professional expectations were satisfied, and the chance that members would suggest the programme.
Meals and lodging (6.8): score of the quality of foods and lodging.
Services (7.6): score of the mastering environment’s quality and usefulness, and of supporting sources and amenities.
Woman members (2.): percentage of female class members.
Worldwide members (3.): primarily based on the percentage of members from outdoors the business school’s foundation region and area.
Worldwide area (2.): extent to which programmes are operate outdoors the school’s foundation region and area.
Advancement (five.): primarily based on the total development in revenues from open programmes as perfectly as the development in revenues from repeat business.
Spouse educational facilities (3.): quantity and quality of programmes taught in conjunction with other Equis or AACSB accredited business educational facilities.
School range (five.): range of college college in accordance to citizenship and gender.
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