A French, a Chinese language and a joint US-Hong Kong programme have held on to the three prime spots within the FT’s 2021 Executive MBA Ranking, in a 12 months marked by continued pandemic disruption to work and examine.
HEC’s Paris Worldwide EMBA regained prime place, forward of — in joint second place — the Kellogg/HKUST EMBA in Hong Kong, which led the 2020 rating, and the China Europe Worldwide Enterprise Faculty (Ceibs) International EMBA in Shanghai.
EMBA alumni total continued to command excessive pay at a time of enterprise uncertainty, with adjusted common salaries amongst those that graduated from colleges ranked by the FT in each 2020 and 2021 up from $276,655 to $281,089.
The variety of college students at main enterprise colleges analysed by the FT fell barely, year-on-year. Among the many 88 colleges ranked in each 2020 and 2021, the determine went from 7,932 to 7,616, and among the many whole of 123 establishments assessed, it dropped from 10,729 to 10,180.
Whereas many elite enterprise colleges have continued to draw a robust international combine of scholars to a number of campuses that they function alone or in partnership, some smaller and regional colleges have suffered in current months with falling intakes.
“We’ve obtained some colleges which have shuttered their doorways and a few with programmes on maintain,” stated Michael Desiderio, government director of Embac, a commerce physique representing a bigger group of practically 300 EMBA suppliers, together with many within the US. “My intestine [says], globally, class measurement is flat or down, however I don’t see demand falling off a cliff.”
The EMBA sometimes offers coaching for managers and executives who’ve vital prior skilled expertise and proceed to work whereas learning part-time. The rankings are primarily based on measures comparable to alumni salaries and the way far programs helped them obtain their goals three years after completion, in addition to the variety of pupil and instructing our bodies and the standard of educational analysis.
The FT’s prime three ranked programmes — and plenty of others among the many 100 — are supplied at a number of campuses all over the world, which has allowed the faculties to offer a broad vary of experiences and larger flexibility throughout restrictions on motion.
Each HEC Paris and Ceibs function from their very own websites — in France and Qatar, and in China, Ghana and Switzerland, respectively. Kellogg/HKUST’s EMBA relies in Hong Kong however gives college students the possibility to check a part of the course at different campuses worldwide.
Yuan Ding, dean of Ceibs, stated pandemic-related journey restrictions and political shifts in China’s relationship with the west had led to “an enormous localisation”. He has seen a fall in attendance by overseas college students and expatriates, offset by rising demand from nationals for programs taught in Chinese language. “We don’t contemplate globalisation as a fait accompli. You need to provide content material with domestically related subjects,” he stated.
Kathy Harvey, affiliate dean for MBA and government levels at Oxford’s Saïd Business School, ranked twelfth for its EMBA, stated class sizes have been just a little smaller in 2020 and 2021 than earlier than the pandemic, however that utility volumes and high quality remained robust. She added that employers’ willingness to accommodate distant working had allowed individuals to journey to the UK to attend in-person programs after working remotely from a lodge room first if topic to quarantine.
“We discovered as a single-school programme with a variety of international content material, we weren’t as affected as we thought,” she stated, including that Saïd launched “owl and lark” classes in order that individuals might be a part of or watch recorded discussions at completely different instances.
The rise in on-line studying has elevated the scope for college kids and visitor audio system to take part in EMBAs. Amongst FT-ranked colleges, the proportion of feminine college students elevated in 2021 to a 3rd of the entire, persevering with a rise from 1 / 4 a decade in the past. There was an analogous rise within the proportion of feminine school.
Eight of the dozen highest-ranked programmes are run in a number of international locations, together with the EMBA Global Asia partnership between Columbia, London Enterprise Faculty and the College of Hong Kong, and the Trium International MBA, a joint diploma supplied collectively by HEC Paris, the London Faculty of Economics and New York College’s Stern college.
Alongside North America and Europe, China stays one of the crucial common areas for EMBAs, though ranked programs are additionally supplied in areas comparable to Singapore, South Korea, Russia, Turkey, the Gulf, north Africa and Iran.
“The phrases for the previous 12 months have been resilience and agility,” stated Elizabeth O’Neill, government director of Trium. “We required it of our academics, college students and workers. We have been main and offering a programme for international leaders who understood as a result of they have been in organisations going by way of extremely fast change.”
Colleges and alumni reported robust curiosity from candidates in studying about digital expertise and applied sciences, and eager to be taught partly on-line to offer them with larger flexibility to steadiness examine, work and journey.
“The primary pattern has been a requirement for all the things digital,” stated Andrew Crisp from CarringtonCrisp, an schooling consultancy. “College students need content material on digital transformation, management and all the things else. Additionally they need some digital supply — notably . . . to organize earlier than they get to the classroom, [to] cut back the variety of days away from work.”
Programs ranked by the FT should educate no less than 30 college students and be hosted by a faculty accredited by the US-based Affiliation to Advance Collegiate Colleges of Enterprise or the European-based Equis system.