MBA Rankings: the following MBA Rankings have been independently conducted by Whitefield Consulting Worldwide and use a different critieria to examining the leading MBA, EMBA, and Executive Education rankings published in the general media. The rankings are conducted by alumni of people who have attended an MBA programme. They are not allowed to rank or give preference to their own former academic institution.
The first thing that must be noted is that all published MBA Rankings in the general media are subjective. All rankings are weighted to different criteria and are carried out by different methods. The following criteria are used in weighting the WCW MBA, EMBA, and Executive Education Rankings. Independent Rankings have been carried out by this organisation since 1995. The rankings are carried out by the WCW Alumni network, and published on the online business education news network: http://www.mba4success.com
The criterion used in the rankings are:
Salary today: An average of salaries three years after graduation
Weighted salary: The 'average' salary today with adjustments for salary variation between industry sectors
Salary percentage increase: The percentage increase in salary from the beginning of the MBA to three years after graduation
Value for money: The value for money criteria is a short term indicator calculated using the salary earned by alumni three years after graduation and course costs
Career progress: The degree to which the alumni have moved up their career ladder after graduating. Progression is measured through changes in level of seniority and the size of the company in which they are employed.
The first thing that must be noted is that all published MBA Rankings in the general media are subjective. All rankings are weighted to different criteria and are carried out by different methods. The following criteria are used in weighting the WCW MBA, EMBA, and Executive Education Rankings. Independent Rankings have been carried out by this organisation since 1995. The rankings are carried out by the WCW Alumni network, and published on the online business education news network: http://www.mba4success.com
The criterion used in the rankings are:
Salary today: An average of salaries three years after graduation
Weighted salary: The 'average' salary today with adjustments for salary variation between industry sectors
Salary percentage increase: The percentage increase in salary from the beginning of the MBA to three years after graduation
Value for money: The value for money criteria is a short term indicator calculated using the salary earned by alumni three years after graduation and course costs
Career progress: The degree to which the alumni have moved up their career ladder after graduating. Progression is measured through changes in level of seniority and the size of the company in which they are employed.
Aims achieved: The extent to which alumni have fulfilled their goals or reason for doing an EMBA / MBA.
Placement success: Percentage of alumni that gained employment through the placement service of the academic institution.
Alumni recommendation: Alumni who were asked to name three business schools from which they would recruit EMBA / MBA graduates. Their own school could not be in the list to prevent bias.
International mobility: A rating system that measures the degree of international mobility based on employment movements of alumni since graduation.
International students: Percentage of international students
Faculty: Quality of faculty, reputation and research capabilities WCW Researchers are assigned to different geographic zones compile statistics by teams. A specialized team works in conjunction with the WCW Alumni Network Worldwide. A detailed questionnaire is sent to each participant and forwarded to the committee where the final assessments are made.
Participants included: WCW registered Alumni members, mba4success former clients who are not registered alumni members Recruiters (who are part of the WCW Alumni Network). Participants have graduated from most of the top business schools and represent a diverse group of people, professional occupations, and business practices. Participants for the EMBA / MBA Rankings encompass Europe, Asia, and North America. Please note that the above participants represent 73% of those solicited. Rankings are weighted by what the alumni feel are the most important issues to potential applicants. International diversity and placement success are also key factors of interest to candidates and influence the rankings.
The statistics not only change from year to year but also the schools are ranked by different groups: the deans rate the schools in terms of academic performance; alumni rate the schools on the power of their career placement services; corporations rate the schools on the students perceived skills; and others compare starting salaries when students leave the schools
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