FT Executive Education Rankings 2020: methodology and key

This is the 22nd edition of the Fiscal Periods rankings of the world’s primary vendors of customised and open-enrolment executive education and learning programmes.

The customised ranking attributes the top rated 85 business colleges — these are classes tailor-made to the education demands of the organisations that commission them. The second ranking contains the top rated 75 colleges for open-enrolment programmes — classes on precise subjects, these types of as leadership, that are directed in the direction of industry experts regardless of their employer. A third, mixed ranking lists the top rated 50 colleges for executive education and learning, calculated from the customised and open tables.

Universities getting element will have to be internationally accredited by either Equis or AACSB and have acquired revenues of at minimum $2m in 2019 from either their customised or open-enrolment non-diploma programmes. This year, a overall of 107 colleges took element in either or the two rankings.

The ranking of customised course vendors is compiled applying info from the business colleges and their corporate purchasers in 2019. Each individual school will have to nominate a minimum amount of twenty purchasers. At minimum 5 of them will have to comprehensive the FT study for a school to be suitable for the ultimate ranking.

The FT study was completed by 1,135 business school purchasers this 12 months — a reaction amount of 56 for each cent. Each individual rated their programme on a 10-position scale in accordance to a assortment of indicators. Their solutions directly advise the initially 10 of the ranking’s requirements, from course structure to stick to-up and long run use, which account for a mixed 80 for each cent of the ranking’s pounds.

Customer responses are weighted in accordance to programme kind. Clients pick out a single of three options to categorise their programme: strategic (sent to top rated administration and designed to influence a company’s path) basic (sent to administration on operational facets of a organization) or functional (associated to a precise operate, these types of as marketing). Strategic programmes have the largest weighting and as a result the biggest impact on the ranking.

Responses are also weighted in accordance to the seniority of the individual accountable for specifying the course, the dimension of the consumer organisation and the number of colleges with which that consumer has commissioned customised classes in the previous three yrs.

The previous 5 requirements are calculated from info presented by colleges on intercontinental purchasers, abroad programmes, progress, partner colleges and faculty diversity.

The open-enrolment ranking is compiled applying info from course vendors and men and women who completed their nominated administration programmes in 2019. Universities submit one or two basic classes of at minimum three times in size and a single or two superior classes of at minimum 5 times. At least twenty for each cent of these programmes’ participants will have to comprehensive the FT study, with a minimum amount of twenty completed surveys, for a school to be regarded in the ultimate ranking.

A overall of 5,480 participants answered this year’s open programme study — a reaction amount of 37 for each cent — ranking factors of their course on a 10-position scale. Responses by superior and basic-level participants are mixed to estimate the initially 10 ranking requirements.

These requirements, which include the quality of the participants, of the training and the relevance of the expertise they acquired, advise 80 for each cent of the ranking. Faculty info are made use of to estimate the remaining requirements on feminine and intercontinental participants, progress, intercontinental locale and partner colleges.

For the two rankings, info collected in the preceding two yrs is made use of, exactly where obtainable, to estimate requirements educated by consumer and participant responses. If a school has participated for the previous three yrs, the weighting is forty:33:27, with 2020 info counting for forty for each cent. If two yrs of info is obtainable, the weighting is fifty five:45, with 2020 info accounting for fifty five for each cent.

The weightings accorded to the initially nine and 10 requirements in the customised and open rankings, respectively, are determined by the level of significance purchasers and participants attach to every single in their surveys for the 2020 ranking. Weightings for these requirements as a result range somewhat from 12 months to 12 months.

Universities that characteristic in the two rankings are suitable for the mixed overall ranking. The top rated 50 colleges are calculated in accordance to an equal weighting of the overall scores attained in the two rankings, instead than an typical of ranking positions.

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

Key: Customised-enrolment programme

(weights for ranking requirements are revealed in brackets as a share of the overall ranking)

The initially 10 requirements, up to and including “Future use”, are centered on info from the businesses that commissioned executive classes.

The next 5 are centered on info described by business colleges. Universities are rated for every single of these requirements. The previous class, “Total responses‡”, is for info only and does not advise the ranking.

Figures in brackets exhibit the pounds every single criterion contributes to the overall ranking. The weighting accorded to the initially nine requirements, from preparing to worth for income, accounts for 80 for each cent of the overall ranking’s pounds. It is determined by the level of significance that purchasers attach to every single.

Preparing (eight.3): level of interaction involving consumer and school, the extent to which clients’ tips have been integrated into the programme, and the performance of the school in integrating its newest research.

Programme structure (eight.4): flexibility of the course and the willingness of colleges to enhance their faculty with external authorities.

Educating procedures and materials (seven.9): extent to which training procedures and supplies have been modern day and suitable, and bundled a suited combine of academic rigour and simple relevance.

School (eight.4): high quality of training and the extent to which training team worked together to current a coherent programme.

New expertise and finding out (eight.3): relevance of expertise acquired to the place of work, the simplicity with which they have been carried out, and the extent to which the course encouraged new means of wondering.

Observe-up (seven.3): extent and performance of stick to-up presented immediately after the course participants returned to their workplaces.

Aims attained (eight.4): extent to which academic and business anticipations have been fulfilled, and the high quality of opinions from individual participants to course commissioners.

Amenities (seven.4): ranking of the finding out environment’s high quality and usefulness, and of supporting sources and amenities.

Worth for income (seven.seven): clients’ ranking of the programme’s structure, training and supplies in phrases of worth for income.

Long run use (eight.): chance that purchasers would reuse the similar school for other customised programmes in the long run, and irrespective of whether they would recommission the similar programme.

Global purchasers (5.): centered on the share of purchasers with headquarters outdoors the business school’s foundation nation and area.

Overseas programmes (2.): intercontinental arrive at of the school’s customised programme training.

Progress (5.): centered on the overall progress in revenues from customised programmes as nicely as the progress in revenues from repeat business.

Lover colleges (3.): amount and high quality of programmes made or taught in conjunction with other Equis or Affiliation to Advance Collegiate Universities of Business (AACSB) accredited business colleges.

School diversity (5.): diversity of school faculty in accordance to citizenship and gender.

Whole responses: number of individual surveys completed by the school’s purchasers. Figures in brackets indicate the number of yrs of study info counted in the direction of the ranking.

Key: Open up-enrolment programme

(weights for ranking requirements are revealed in brackets as a share of the overall ranking)

The initially 10 requirements are centered on info from programme participants the next six are centered on info submitted by the business colleges. Ranks are revealed for every single of these requirements, aside from “Female participants”, which displays the share. Figures in brackets exhibit the pounds every single criterion contributes to the overall ranking. The weighting accorded to the initially 10 requirements, from preparing to amenities, accounts for 80 for each cent of the overall ranking’s pounds. It is determined by the level of significance that participants attach to every single.

Preparing (seven.seven): provision of superior info on programme articles, and the participant selection process.

Course structure (eight.6): flexibility of the course and appropriateness of course dimension, framework and structure.

Educating procedures and supplies (eight.3): extent to which training procedures and supplies have been modern day and suitable, and bundled a suited combine of academic rigour and simple relevance.

School (eight.seven): high quality of the training and the extent to which training team worked together to current a coherent programme.

Quality of participants (seven.9): extent to which other participants have been of the suitable managerial and academic normal, the intercontinental diversity of participants and the high quality of interaction among the peers.

New expertise and finding out (eight.seven): relevance of expertise acquired to the place of work, the simplicity with which they have been carried out, and the extent to which the course inspired new means of wondering.

Observe-up (seven.3): level of stick to-up presented immediately after participants returned to their workplaces, and networking options with fellow participants.

Aims attained (eight.4): extent to which private and professional anticipations have been fulfilled, and the chance that participants would advocate the programme.

Food and accommodation (6.eight): ranking of the high quality of food items and accommodation.

Amenities (seven.6): ranking of the finding out environment’s high quality and usefulness, and of supporting sources and amenities.

Female participants (2.): share of feminine course participants.

Global participants (3.): centered on the share of participants from outdoors the business school’s foundation nation and area.

Global locale (2.): extent to which programmes are operate outdoors the school’s foundation nation and area.

Progress (5.): centered on the overall progress in revenues from open programmes as nicely as the progress in revenues from repeat business.

Lover colleges (3.): amount and high quality of programmes taught in conjunction with other Equis or AACSB accredited business colleges.

School diversity (5.): diversity of school faculty in accordance to citizenship and gender.