The FT’s list, released annually, reflects the findings of two online surveys, sent out to participating business schools who hold either AACSB or EFMD accreditation. One survey takes responses from schools, the other from alumni themselves, and the pair cover everything from salaries, to career progress, to work experience, to aims achieved thanks to the program.
This year’s top-ranked program, the Kellogg-HKUST EMBA, is based out of China, created through a partnership between Kellogg and Hong Kong University of Science and Technology (HKUST) Business School.
The program boasts the list’s highest average alumni salary three years after graduation at $507,492, beating its closest rival—the Washington-Fudan EMBA, joint sixth place in the overall ranking—by almost $140,000.
Following Kellogg and HKUST in the ranking is the TRIUM Global EMBA, also a joint effort—this time between HEC Paris, London School of Economics (LSE), and New York University (NYU) Stern School of Management.
Though it’s not the cool half-a-million earned by Kellogg grads, graduates of the TRIUM EMBA do very well post-graduation: alumni reported on average a 60% bump in their salaries after finishing the program, taking home around $342,970 per annum.
In third place sits the Tsinghua-INSEAD Dual Degree EMBA; in fourth, the EMBA-Global Asia from Columbia Business School, Hong Kong University (HKU), and London Business School (LBS). In fifth place is the China Europe International Business School (CEIBS) Global EMBA.
Noticeable among these top names—as well as the remaining schools in the top 10—is the strong showing from international, frequently inter-school, programs with a presence in China.
In fact, it is only HEC Paris (at joint sixth with Washington Olin), IESE Business School (ninth place), and MIT Sloan (10th place) that do not offer all or part of the course in collaboration with a Chinese school.
This is not new: last year, too, the strongest EMBA programs worldwide took place partly or entirely in Hong Kong or China, but this year sees them more closely-stacked together at the top.
With the TRIUM EMBA climbing four places from its original fifth, and CEIBS’ program jumping a whopping nine places up the list, it seems that China-based programs are only on the up—a change that was reflected in application trends this year, as reported by the Graduate Management Admission Council (GMAC).
If predictions of the upcoming ‘Asian century’ are to be believed, executive education is one area where we can certainly see the beginning signs.
See the top 10 EMBA programs as listed by the Financial Times below.