The Executive MBA program of the Graduate School of Management of St. Petersburg State University (GSOM SPbU) for the first time has been listed in the Financial Times Executive MBA Ranking 2020 of the world's 100 best Executive MBA programs, published on October 26, 2020. GSOM SPbU was ranked 93rd in the overall ranking and 48th among European business schools.
The ranking is based on the results of a survey of students who completed their studies on the program three years ago. Only those business schools can be included in the ranking if at least 20% of their graduates have completed the questionnaire. This year, more than half of the EMBA`2017 GSOM SPbU alumni took part in the FT poll.
FT Executive MBA Ranking evaluates educational programs according to a number of criteria, including:
salary today, the weight of the indicator in the final assessment is 20%;
salary Increase, the weight of the indicator in the final assessment is 20%;
FT research rank, the weight of the indicator in the final assessment is 10%;
aims achieved, the weight of the indicator in the final assessment is 5%;
career progress, indicator weight in the final assessment is 5%;
work experience, the weight of the indicator in the final assessment is 5%.
According to the ranking data obtained on the basis of a survey of alumni, the salary of the GSOM EMBA program's alumni increases on average by 63% after graduation, and three quarters of the students achieve their goals set upon admission to the program.
“I congratulate the faculty, program students and alumni for their success: GSOM is among the top 100 business schools in the world in the ranking, which is recognized by the entire international community, and in some criteria we are approaching the level of business schools from the first third of the list. The GSOM SPbU compliance with the highest international standards helps students at any stage of their career path to develop and achieve new, more ambitious goals. Our programs are based on fundamental knowledge and at the same time offer effective tools for practical use. It is the uniqueness of our programs," said Olga Dergunova, Deputy President and Chairman of the Management Board of VTB Bank, Director of GSOM SPbU.
The Financial Times analyzes educational programs based on data obtained from business schools and through surveys of alumni. The final place in the ranking is influenced by such criteria as the average income level, salary and career growth of alumni within three years after the end of the program, the degree of international academic mobility, the level of scientific research at the school, the percentage of faculty with a scientific degree, and others.
The Financial Times rankings are an international and accepted quality mark for business education programs.