The Financial Times 2014 Executive MBA Ranking is out – for the first time in six years, a new challenger has topped the rankings
The 2014 ranking of 100 Executive MBA programmes ( (part-time MBA programmes for working senior executives) is headed by Trium, run by HEC Paris, the London School of Economics and Stern School of Business at New York University. The top five places continue to be dominated by intercontinental EMBAs.
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Trium jumped three places to overtake the joint programme taught by Kellogg School of Management near Chicago and Hong Kong University of Science and Technology, which had been top of the ranking for five years. It is the first time Trium has headed the ranking and it is only the fourth programme to do so in 14 years.
Trium is ranked first for the work experience of its alumni before the programme, second for aims achieved and third for international course experience. The programme is second for average salary ($307,003) of alumni three years after graduation, just behind the Kellogg/HKUST programme.
2014 Trium Executive MBA Class
Trium’s alumni value studying alongside senior and international classmates. “It allowed us to exchange [ideas]among ourselves and derive as much additional knowledge as [we gained]from the course itself,” says one.
Commenting in the win, HEC, Paris says in a press note, “The 1st place achievement is a reflection of the quality of the TRIUM program – its world-class faculty and dedicated staff – and the continued success of its alumni community – over 700 strong in nearly 70 countries around the world.”
The ranking is based on surveys of schools and alumni who graduated in 2011. This edition gives a snapshot of alumni’s situation compared with when they started the programme.
Salary three years after graduation and salary increase are the main criteria, each accounting for 20 per cent of the ranking’s weight. Most schools in the top 25 score well on at least one of these criteria. The top 10 schools would mostly also rank in the first 10 if salaries and their increases were excluded. The only exceptions are Nanyang Business School and China Europe International Business School, both underperforming in the doctoral and research ranks.
The ranking includes schools from 26 countries, including 35 in the US, 10 in the UK and nine in China. Renmin University of China School of Business in Beijing rose furthest, climbing 18 places to 43rd. Four schools made it into the ranking for the first time. These are led by Cambridge Judge Business School at 36th. France’s Grenoble Business School is ranked 70th, Turkey’s Sabanci University School of Management is at 99th, and Brazil’s Coppead is at 100th.
Management and leadership skills are just one aspect of EMBAs. “It actually made an entrepreneur of me,” says one graduate. Nearly a third (31 per cent) of graduates have set up their own company, or are about to, since enrolling on their EMBA four or five years ago. FT data show that 91 per cent of the businesses are operating today.
Most entrepreneurs (78 per cent) used savings or relied on friends and family to raise all or part of their start-up funds. Angel financing was also a source for a quarter of entrepreneurs.
An EMBA also boosts corporate careers. “The skills I acquired were key to my promotion,” said one graduate. A fifth are now chief executives, managing directors or board members three years after graduation. Average salaries were up 52 per cent from $114,000 before the programme to $175,000 five years later.
Top programme: Trium
First taught in 2001, the Trium programme is run jointly by three very different business schools. NYU Stern is a specialist in finance, the London School of Economics in political science and economics, and HEC Paris in general management and high-level executive teaching.
The programme is not for the travel-shy. The cohort of 85 students study two modules in emerging markets as well as courses in London, New York and Paris. The average age of students on the 17-month programme is 40.
Although this is the first time the programme has taken top spot in the FT EMBA rankings, it has never been placed outside the top four in the nine years it has been assessed.
Top for research: Wharton
With 240 full-time professors – one of the largest groups of business academics in the world – the Wharton school at the University of Pennsylvania has top-ranked researchers across all departments. Originally known as a finance school, Wharton focuses on research that is data driven, be it in the fields of accounting, operations or marketing.
Ranked number six in the table overall, Wharton is the only top-10 school that teaches its EMBA on two campuses in the US – Philadelphia and San Francisco. The programme also stands out from the rest of the competition in that it requires all EMBA students to complete the same number of contact hours as the school’s full-time MBA students.
Top for international experience: Duke
The Fuqua school at Duke University was one of the pioneers of the multi-country programme, launching its Global Executive MBA in 1995. Today, the business school maintains its global edge, with 73 per cent of the programme’s course credits earned in modules outside the US.
Based in Durham, North Carolina, the Duke MBA – Global Executive, ranked 19th in 2014, enrols some 50 executives a year, each with an average of 15 years of work experience.
With tuition fees of $166,000, the programme is one of the most expensive in the FT rankings. However, the fees include books, class materials, accommodation and meals at the five residential sessions.
Highest new entrant: Judge
Entering the FT EMBA ranking for the first time at number 36, the Judge Business School at the University of Cambridge is the highest-ranked of four new programmes in the 2014 ranking.
Launched in 2009, the Cambridge EMBA is one of the newest programmes in the ranking. Yet unlike many new EMBA programmes, it is not taught in multiple overseas locations. Instead, tuition is delivered in Cambridge over 16 residential weekends and four week-long blocks over a period of 20 months. The school believes this better meets the needs of busy executives.
Cambridge also plays up its traditional college system: participants on each weekend residency will listen to keynote speakers while dining in one of the university’s historic venues.
Financial Times 2014 Executive MBA Ranking – The Top 100 Programmes
Rank 2014
Rank 2013
3 year average
School name
Country
Programme name
Salary today (US$)
Salary increase (%)
1
4
3
Trium: HEC Paris / LSE / New York University: Stern
France / UK / US
Trium Global EMBA
307003
60
2
1
1
Kellogg / Hong Kong UST Business School
China
Kellogg-HKUST EMBA
403560
33
3
2
3
Tsinghua University / Insead
China / Singapore / UAE / France
Tsinghua-Insead EMBA
304843
65
4
5
5
UCLA: Anderson / National University of Singapore
US / Singapore
UCLA-NUS EMBA
279284
78
5
3
3
Columbia / London Business School
US / UK
EMBA-Global Americas and Europe
252539
71
6
7
7
University of Pennsylvania: Wharton
US
Wharton MBA for Executives
223809
60
7
6
7
Washington University: Olin
China
Washington-Fudan EMBA
269775
51
8
13
Nanyang Business School
Singapore
Nanyang EMBA
221672
71
9
11
9
Insead
France / Singapore / UAE
Insead Global EMBA
186211
58
10
10
9
Ceibs
China
Ceibs Global EMBA
283503
47
11
9
10
University of Chicago: Booth
US / UK / China
EMBA
221584
47
12
12
13
Iese Business School
Spain
GEMBA
218434
51
13
IE Business School
Spain
Global EMBA
198402
50
13
24
20
Northwestern University: Kellogg
US
Kellogg EMBA
241096
53
15
19
18
IMD
Switzerland
EMBA
246395
46
16
25
21
ESCP Europe
France / UK / Germany / Spain / Italy
European EMBA
155087
70
17
32
Shanghai Jiao Tong University: Antai
China
EMBA
260708
81
18
17
20
National University of Singapore Business School
Singapore
NUS Asia-Pacific EMBA
244911
59
19
8
14
Duke University: Fuqua
US
Duke MBA – Global Executive
236118
29
19
21
21
Warwick Business School
UK
Warwick EMBA
148680
94
21
23
27
University of Oxford: Saïd
UK
Oxford EMBA
205942
55
22
15
19
Georgetown University / Esade Business School
US / Spain
Global EMBA
217870
54
22
18
19
Kellogg / WHU Beisheim
Germany
Kellogg-WHU EMBA
176998
57
24
13
18
CUHK Business School
China
EMBA
271138
50
25
20
20
London Business School
UK / UAE
EMBA
172028
47
25
30
29
Columbia Business School
US
EMBA
197029
58
27
43
39
Kedge Business School
France / China
Kedge-SJTU Global MBA
171052
112
28
22
21
Korea University Business School
South Korea
EMBA
229060
74
29
28
26
Arizona State University: Carey
China
Carey / SNAI EMBA
194796
77
30
29
33
ESMT – European School of Management and Technology
Germany
ESMT EMBA
150498
55
31
39
39
Rice University: Jones
US
Rice MBA for Executives
218340
60
32
38
35
Fudan University School of Management
China
Fudan EMBA
228884
75
33
26
29
Kellogg / York University: Schulich
Canada
Kellogg-Schulich EMBA
157779
36
34
34
33
New York University: Stern
US
NYU Stern EMBA
193323
36
35
40
36
University of Michigan: Ross
US
EMBA
215183
42
36
University of Cambridge: Judge
UK
Cambridge EMBA
192834
54
36
31
34
Georgetown University: McDonough
US
EMBA
189356
58
38
27
30
OneMBA
Netherlands / US / Brazil / Mexico
OneMBA: RSM/UNC/FGV São Paulo/Egade
167987
54
38
33
34
Imperial College Business School
UK
EMBA
139343
59
40
35
36
City University: Cass
UK / UAE
EMBA
148970
60
41
42
41
UCLA: Anderson
US
EMBA
182554
42
42
37
38
Cornell University: Johnson
US
Cornell EMBA
213513
42
43
61
Renmin University of China School of Business
China
EMBA
200394
58
44
University of Maryland: Smith
US
Smith EMBA
172964
38
45
36
37
University of Toronto: Rotman
Canada
Rotman EMBA
138672
25
45
47
46
Kozminski University
Poland
EMBA
151910
84
47
40
44
Cornell University: Johnson/Queen’s School of Business
US / Canada
Cornell-Queen’s EMBA
159940
53
48
43
45
Western University: Ivey
Canada / China
Ivey EMBA
183982
46
49
51
51
University of Hong Kong
China
HKU-Fudan IMBA
123840
99
50
45
45
Essec / Mannheim
France / Germany
Essec & Mannheim EMBA
131037
45
51
64
57
University of St Gallen
Switzerland
EMBA HSG
147240
47
52
63
64
Centrum Católica
Peru / Colombia
Global MBA
195325
45
53
Henley Business School
UK
Henley EMBA
135082
60
53
57
57
University of Pittsburgh: Katz
US / Brazil / Czech Republic
EMBA Worldwide
171340
37
55
54
BI Norwegian Business School/ Fudan University School of Management
China
BI-Fudan MBA
151576
85
56
70
65
Yonsei University School of Business
South Korea
Corporate MBA
166825
61
57
49
52
Emory University: Goizueta
US
Weekend EMBA
177099
45
58
75
65
Temple University: Fox
US
Fox EMBA
156426
48
59
55
55
Antwerp Management School
Belgium / Russia
EMBA
147777
51
60
65
61
Texas A & M University: Mays
US
Texas A&M EMBA
179036
42
61
48
50
Rotterdam School of Management, Erasmus University
Netherlands
EMBA
118828
44
62
46
53
WU (Vienna University of Economics and Business)/University of Minnesota: Carlson
Austria
Global EMBA
147252
30
63
77
73
SMU: Cox
US
SMU Cox EMBA
177001
41
64
58
University of Strathclyde Business School
UK / Switzerland / Greece / UAE / Bahrain / Oman
Strathclyde EMBA
121422
70
65
72
67
University of Illinois at Urbana-Champaign
US
Illinois EMBA
144111
42
65
72
71
University of Miami School of Business Administration
US
Miami EMBA
168640
44
67
75
71
University of Washington: Foster
US
EMBA
161122
36
68
79
78
Tongji University/ENPC
China
Shanghai International MBA
127962
83
69
81
72
Boston University School of Management
US
Boston EMBA
208011
28
70
Grenoble Graduate School of Business
France
Part-Time MBA
100506
72
70
59
65
SDA Bocconi
Italy
EMBA
133796
52
70
72
71
Rutgers Business School
US
Rutgers EMBA
169010
49
73
59
69
Cranfield School of Management
UK
Cranfield EMBA
125718
42
74
56
61
University of Texas at Austin: McCombs
US
Texas EMBA
149853
41
75
51
63
Georgia State University: Robinson
US
EMBA
165095
42
76
66
72
Fordham University Graduate School of Business
US
Fordham EMBA
161898
52
77
92
90
University of Zurich
Switzerland
Zurich EMBA
125011
24
78
Koç University Graduate School of Business
Turkey
EMBA
131406
51
79
97
85
University of Minnesota: Carlson
US
Carlson EMBA
147695
32
80
70
70
University of Pretoria, Gibs
South Africa
Modular & Part-Time MBA
185982
56
81
69
HHL Leipzig Graduate School of Management
Germany
Part-Time MBA
109963
63
82
86
86
Vlerick Business School
Belgium
EMBA
115946
56
83
68
National Sun Yat-sen University
Taiwan
EMBA
155071
53
83
99
University of Houston: Bauer
US
EMBA
141298
48
83
85
84
Aalto University
Finland / S. Korea / Singapore / Poland
Aalto EMBA
130963
46
86
96
87
University of Rochester: Simon
US / Switzerland
EMBA
127622
43
87
81
89
University of Alberta/University of Calgary: Haskayne
Canada
Alberta-Haskayne EMBA
130627
45
88
Tulane University: Freeman
US
EMBA
151534
34
88
98
94
Baylor University: Hankamer
US
Baylor EMBA
132729
58
90
89
Michigan State University: Broad
US
EMBA
130730
44
91
84
78
EMLyon Business School
France
EMBA
102598
29
91
79
87
Copenhagen Business School
Denmark
CBS EMBA
113712
34
93
87
92
HEC Lausanne
Switzerland
EMBA
109492
18
94
81
88
University College Dublin: Smurfit
Ireland
EMBA
109697
46
95
99
Stockholm School of Economics
Sweden
SSE MBA
122917
42
95
University of Utah: Eccles
US
EMBA
138280
41
97
93
92
Tias Business School
Netherlands
EMBA
105380
44
98
Sabanci University School of Management
Turkey
Sabanci EMBA
117986
39
99
89
93
Queen’s School of Business
Canada
Queen’s EMBA
123488
33
100
Coppead
Brazil
EMBA
134799
49
With inputs from Financial Times
1 Year Full Time PG Programme in Management for Graduates & Professionals
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