FT Executive Education Rankings 2020: methodology and key
This is the twenty second version of the Economical Moments rankings of the world’s main providers of customised and open up-enrolment executive education and learning programmes.
The customised rating options the prime 85 business enterprise educational institutions — these are programs customized to the teaching demands of the organisations that commission them. The second rating contains the prime seventy five educational institutions for open up-enrolment programmes — programs on distinct topics, this kind of as leadership, that are directed in the direction of professionals irrespective of their employer. A third, merged rating lists the prime fifty educational institutions for executive education and learning, calculated from the customised and open up tables.
Faculties having element have to be internationally accredited by both Equis or AACSB and have attained revenues of at the very least $2m in 2019 from both their customised or open up-enrolment non-degree programmes. This year, a complete of 107 educational institutions took element in both or both equally rankings.
The rating of customised study course providers is compiled applying info from the business enterprise educational institutions and their company clientele in 2019. Each and every college have to nominate a minimum amount of twenty clientele. At the very least 5 of them have to finish the FT survey for a college to be eligible for the closing rating.
The FT survey was done by 1,one hundred thirty five business enterprise college clientele this year — a response level of 56 for each cent. Each and every rated their programme on a 10-position scale according to a array of indicators. Their solutions directly notify the initially 10 of the ranking’s standards, from study course style to stick to-up and future use, which account for a merged eighty for each cent of the ranking’s pounds.
Shopper responses are weighted according to programme kind. Purchasers select 1 of three possibilities to categorise their programme: strategic (sent to prime management and made to affect a company’s direction) common (sent to management on operational areas of a company) or useful (similar to a distinct perform, this kind of as advertising and marketing). Strategic programmes have the most significant weighting and thus the biggest effect on the rating.
Responses are also weighted according to the seniority of the personal accountable for specifying the study course, the size of the customer organisation and the number of educational institutions with which that customer has commissioned customised programs in the previous three decades.
The last 5 standards are calculated from data delivered by educational institutions on international clientele, overseas programmes, advancement, lover educational institutions and college variety.
The open up-enrolment rating is compiled applying info from study course providers and folks who done their nominated management programmes in 2019. Faculties submit one or two common programs of at the very least three days in duration and 1 or two state-of-the-art programs of at the very least 5 days. At least twenty for each cent of these programmes’ contributors have to finish the FT survey, with a minimum amount of twenty done surveys, for a college to be thought of in the closing rating.
A complete of five,480 contributors answered this year’s open up programme survey — a response level of 37 for each cent — rating features of their study course on a 10-position scale. Responses by state-of-the-art and common-level contributors are merged to compute the initially 10 rating standards.
These standards, which consist of the quality of the contributors, of the teaching and the relevance of the abilities they gained, notify eighty for each cent of the rating. Faculty info are utilised to compute the remaining standards on female and international contributors, advancement, international locale and lover educational institutions.
For both equally rankings, data gathered in the previous two decades is utilised, exactly where readily available, to compute standards educated by customer and participant responses. If a college has participated for the previous three decades, the weighting is forty:33:27, with 2020 info counting for forty for each cent. If two decades of data is readily available, the weighting is 55:45, with 2020 info accounting for 55 for each cent.
The weightings accorded to the initially 9 and 10 standards in the customised and open up rankings, respectively, are established by the level of relevance clientele and contributors connect to each individual in their surveys for the 2020 rating. Weightings for these standards thus vary marginally from year to year.
Faculties that attribute in both equally rankings are eligible for the merged in general rating. The prime fifty educational institutions are calculated according to an equal weighting of the complete scores achieved in both equally rankings, alternatively than an regular of rating positions.
Judith Pizer of Pizer-MacMillan acted as the FT’s database marketing consultant
Crucial: Customised-enrolment programme
(weights for rating standards are revealed in brackets as a proportion of the in general rating)
The initially 10 standards, up to and which includes “Future use”, are based mostly on info from the firms that commissioned executive programs.
The up coming 5 are based mostly on info noted by business enterprise educational institutions. Faculties are rated for each individual of these standards. The last category, “Total responses‡”, is for data only and does not notify the rating.
Figures in brackets exhibit the pounds each individual criterion contributes to the in general rating. The weighting accorded to the initially 9 standards, from planning to benefit for cash, accounts for eighty for each cent of the complete ranking’s pounds. It is established by the level of relevance that clientele connect to each individual.
Planning (eight.3): level of interaction among customer and college, the extent to which clients’ concepts had been integrated into the programme, and the effectiveness of the college in integrating its most current investigation.
Programme style (eight.four): adaptability of the study course and the willingness of educational institutions to enhance their college with exterior specialists.
Instructing methods and materials (7.9): extent to which teaching methods and resources had been modern day and suitable, and integrated a ideal blend of academic rigour and functional relevance.
Faculty (eight.four): quality of teaching and the extent to which teaching staff labored jointly to existing a coherent programme.
New abilities and discovering (eight.3): relevance of abilities gained to the workplace, the relieve with which they had been executed, and the extent to which the course encouraged new means of imagining.
Follow-up (7.3): extent and effectiveness of stick to-up supplied just after the study course contributors returned to their workplaces.
Aims achieved (eight.four): extent to which academic and business enterprise anticipations had been achieved, and the quality of responses from personal contributors to study course commissioners.
Amenities (7.four): rating of the discovering environment’s quality and usefulness, and of supporting resources and amenities.
Benefit for cash (7.7): clients’ rating of the programme’s style, teaching and resources in terms of benefit for cash.
Upcoming use (eight.): likelihood that clientele would reuse the exact college for other customised programmes in the future, and no matter if they would recommission the exact programme.
Intercontinental clientele (five.): based mostl
y on the proportion of clientele with headquarters outdoors the business enterprise school’s base state and region.
Overseas programmes (two.): international attain of the school’s customised programme teaching.
Development (five.): based mostly on the in general advancement in revenues from customised programmes as perfectly as the advancement in revenues from repeat business enterprise.
Associate educational institutions (3.): quantity and quality of programmes developed or taught in conjunction with other Equis or Association to Progress Collegiate Faculties of Company (AACSB) accredited business enterprise educational institutions.
Faculty variety (five.): variety of college college according to citizenship and gender.
Total responses: number of personal surveys done by the school’s clientele. Figures in brackets point out the number of decades of survey info counted in the direction of the rating.
Crucial: Open-enrolment programme
(weights for rating standards are revealed in brackets as a proportion of the in general rating)
The initially 10 standards are based mostly on info from programme contributors the up coming 6 are based mostly on info submitted by the business enterprise educational institutions. Ranks are revealed for each individual of these standards, apart from “Female participants”, which exhibits the proportion. Figures in brackets exhibit the pounds each individual criterion contributes to the in general rating. The weighting accorded to the initially 10 standards, from planning to amenities, accounts for eighty for each cent of the complete ranking’s pounds. It is established by the level of relevance that contributors attach to each individual.
Planning (7.7): provision of state-of-the-art data on programme information, and the participant choice process.
Class style (eight.six): adaptability of the study course and appropriateness of course size, construction and style.
Instructing methods and resources (eight.3): extent to which teaching methods and resources had been modern day and suitable, and integrated a ideal blend of academic rigour and functional relevance.
Faculty (eight.7): quality of the teaching and the extent to which teaching staff labored jointly to existing a coherent programme.
Excellent of contributors (7.9): extent to which other contributors had been of the suitable managerial and academic normal, the international variety of contributors and the quality of interaction among the friends.
New abilities and discovering (eight.7): relevance of abilities gained to the workplace, the relieve with which they had been executed, and the extent to which the study course encouraged new means of imagining.
Follow-up (7.3): level of stick to-up supplied just after contributors returned to their workplaces, and networking possibilities with fellow contributors.
Aims achieved (eight.four): extent to which own and expert anticipations had been achieved, and the likelihood that contributors would advise the programme.
Foodstuff and accommodation (six.eight): rating of the quality of meals and accommodation.
Amenities (7.six): rating of the discovering environment’s quality and usefulness, and of supporting resources and amenities.
Female contributors (two.): proportion of female study course contributors.
Intercontinental contributors (3.): based mostly on the proportion of contributors from outdoors the business enterprise school’s base state and region.
Intercontinental locale (two.): extent to which programmes are operate outdoors the school’s base state and region.
Development (five.): based mostly on the in general advancement in revenues from open up programmes as perfectly as the advancement in revenues from repeat business enterprise.
Associate educational institutions (3.): quantity and quality of programmes taught in conjunction with other Equis or AACSB accredited business enterprise educational institutions.
Faculty variety (five.): variety of college college according to citizenship and gender.