The Executive MBA programme of the Graduate School of Management at St Petersburg University (GSOM SPbU) has been listed for the first time among the top 100 of the Financial Times Executive MBA Ranking 2020. It was published on 26 October 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 programme three years ago. For a school to be eligible for the ranking, 20% of alumni must respond to the survey. This year, more than half of the GSOM SPbU 2017 EMBA graduates took part in the FT survey.
FT Executive MBA Ranking evaluates academic programmes according to a number of criteria. These include the following – the weight of the criterion in the final assessment is shown as a percentage:
- salary today – 20%
- salary increase – 20%
- FT research rank – 10%
- aims achieved – 5%
- career progress – 5%
- work experience – 5%
According to the ranking data obtained on the basis of the alumni’s surveys, the salary of the GSOM SPbU EMBA programme’s graduates grows on average by 63% after graduation. Three quarters of the students achieve their goals set upon admission to the programme.
The uniqueness of our programmes lies in the fact that they are based on fundamental knowledge and at the same time offer effective tools for practical use.
Olga Director of the Graduate School of Management at St Petersburg University
‘I congratulate the faculty, students of the programmes and alumni for our success: we have been listed among the world’s top 100 business schools in the ranking, which is recognised by the entire international community. According to some indicators we are approaching the level of schools from the top third of the list. GSOM SPbU compliance with the highest international standards helps students at any stage of their career to develop and achieve new, more ambitious goals,’ noted Olga Dergunova, Deputy President and Chairman of VTB Bank Management Board (PJSC), Director of the Graduate School of Management at St Petersburg University
The Graduate School of Management at St Petersburg University (GSOM SPbU) is a leading Russian business school. It was established in 1993 at St Petersburg University, which is one of the oldest classical universities, and the largest centre of science, education and culture in Russia. GSOM SPbU is consistently ranked among the top 50 business schools in Europe, and is a recognised centre for research and training in management. The GSOM Advisory Board includes leaders from business, government and the international academic community.
The Financial Times analyses academic programmes based on data obtained from business schools and through surveys of their alumni. The final place in the ranking is influenced by such criteria as: salary today (average alumni salary three years after graduation); salary increase (average difference in alumni salary between graduation and three years after graduation); career progress (calculated according to changes in the level of seniority and the size of company alumni work in now, versus before their EMBA); international course experience (percentage of classroom teaching hours that are conducted outside the country in which the business school is situated); research rank; faculty with doctorates; and others.
The Financial Times rankings are an international and accepted high quality mark for business education programmes.