Financial Times Executive MBA ranking 2021

The Financial Times (FT) has published its annual Executive MBA programs ranking of business schools around the world. Stockholm School of Economics EMBA program for top managers, business owners and experienced managers has ranked #64 out of 100 in 2021. At the same time, SSE remains #1 Executive MBA program in the Nordic countries for the 17th consecutive year.

"It is entirely normal for a business school to be ranked differently from year to year. In the history of the Financial Times rankings SSE was ranked 38th and even 99th in different years. This year our Swedish colleagues have lost to a number of schools by the indicators which have the greatest value of the rating (40% in total): salary amount and salary growth in three years after graduation. It is quite possible that if the School graduates both from Russian and Latvian campuses were included in the survey, the picture might have been different. However, let's not guess, the important thing is that SSE EMBA is still number one in Scandinavia, significantly ahead of business schools in Denmark, Norway and Finland," Vsevolod Krylov, SSE Russia EMBA Program Director, comments.

At the same time, there are other positions that the School's academic staff pay particular attention to. For example, SSE is ranked #39 for CSR and Sustainability, and #26 in the world for work experience, which refers to the seniority and type of positions held by participants before starting the MBA program. Particular emphasis is placed on the practical orientation of the courses - 79% of the participants achieve their goals, which is comparable with such business schools as Cambridge, NES, Yale and Michigan Institute of Technology. "Student body quality is an important element of study. But it is not enough on its own. Targeted expansion of the practical aspect is part of the School's overall strategy, along with attention to the environment and future generations care," Anders Paalzow, President of SSE Russia, says.

According to the new ranking, the average salary increase three years after completing the SSE MBA program is 57 percent. "However, it is important to note that Stockholm campus EMBA groups are very international. More than half among the participants are non-Swedish. A group represents on average 14, mostly developing countries. And the income for the country of FT study is calculated using purchasing power parity to the US dollar. For 2020, for example, the Organization for Economic Cooperation and Development put the parity of the Russian currency at the rate of 26 rubles to 1 U.S. dollar. Thus, a Russian salary is automatically multiplied by three in the ranking, which would have affected the results," Vsevolod Krylov, SSE Russia EMBA program director commented.

In total 100 business school programs from around the world are included in the Financial Times' ranking. The HEC Paris program is #1 on the list. It should be noted that five of the top 10 business schools are located in China, and partnerships with universities in India, Singapore and China allow business schools to improve their rankings significantly. For example, the Norwegian Business School with its original program ranks #90, while its program in China is #45.

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