The Making of the GBS Index-Criteria
Content
THE MAKING OF THE GLOBAL INDEX
A school is eligible for the Global Business School Index as long as it is ranked in the top 50 of the Financial Times MBA ranking, or alternatively, if it is considered one of the world's leading institutions in teaching global management.** Once the index has been compiled, each school has obtained a normalized score as a combination of each normalized variable. Then schools have been grouped into clusters, which has given way to Big Four categories: Alfa+ schools, Alfa schools, Beta schools (the main group), and Gamma schools. This Index is a piece of research and not a source of controversy. It is aimed at finding out valid metrics and categorizing the different levels of global influence of business schools from the MBA perspective. It can be used by schools themselves, candidates, or scholars. The Index is not perfect and has a lot of room for improvement, and does not pretend to judge any business school's global strategy. All schools listed in this Index are among the best in the world and each of them offering a tremendous MBA experience for participants.
Eligible schools & categorization
Criteria Globally diverse talent score (25%) Student Global Diversity (40%)
Description
A combined score of: 1) the % of international students, taken from the Financial Times MBA, and 2) the % of Minority students in American bschools, as reported by the Bloomberg Business Week b-schools profiles The former percentage in absolute numbers. Size is considered relevant in order to assess the experience of diversity on campus Taken from the Financial Times MBA ranking, % of international faculty.
Student diversity size (40%) International faculty (20%) Globally relevant curriculum and knowledge (25%) International program (20%)
Taken from the Financial Times MBA ranking, this factor measures the degree of international exposure of the MBA curricuum through international study trips, exchange programs, and internships. Number of case studies produced by business school faculty, taken from the ECCH database http://www.ecch.com/educators/ Financial Times research rank
International case studies (20%)
Articles in business peer-reviewed journals (20%)
Google Scholar citations (20%)
Number of citations in the Google Scholar search engine from January 2011 QS Top MBA ranking of best business schools in the field of international management http://www.topmba.com/mba-rankings/global-200/2011/specializations/international-management
Reputation in teaching international management (20%) Globally attractive and competitive location (25%)
Global City Index (50%)
Measures to what extent the location is a hot stop for the MBA community. It is a combined score of a set of variables taken from the Global Cities Report of The Economist Intelligence Unit. Our choice of variables to configure the Index has been: 1) Global Appeal (20%), 2) Cultural attractiveness (20%), 3) Human Capital (40%) and 4) Physical Capital (20%). Only schools located in the city or within 20 miles have been given 100% of the score. Schools within less than 50 miles, have been given 90% of the score. The less close to the city, the less weighting. Human capital has taken the higher percentage of weight, because it assesses, among others, the entrepreneurial culture of each city. We have considered this to be a highly valuable dimension for MBA students. http://www.managementthinking.eiu.com/sites/default/files/downloads/Hot%20Spots.pdf
Globally Competitive Country Index (50%)
Measures if the country's rules and economic environment can be supportive for the postMBA career. It is a combined score of: 1) the World Economic Forum competitiveness index (30%), 2) the Country's projected GDP growth, taken from the Economist Intelligence Unit (20%); 3) the number of Fortune 500 companies based in the country (30%) and 4) the number of Fortune 500 companies divided by the number of ranked business schools in the country (20%). http://www3.weforum.org/docs/WEF_GlobalCompetitivenessReport_2010-11.pdf http://money.cnn.com/magazines/fortune/global500/2011/full_list/
Globally spread & influential brand (25%) It consists of two variables: 1) Alumni recommendation rank (80%), taken from the Financial Times MBA ranking (alumni recommend rank), this factor measures each school's reputation among the alumni of the rest of business schools, and 2) Linkedin followers (20%), which is the number of followers of the business school on Linkedin A combined score of: 1) International mobility rank (50%), taken from the Financial Times MBA ranking, which measures the # of times students have changed from country from before the MBA through 3 years out of the MBA; 2) # of international alumni chapters (50%), taken from The Economist Intelligence Unit MBA ranking
Global recommendation score (60%)
Global mobility score (20%)
Global social networking score (20%)
A combined score based on the # of linkedin groups where the business school name appears on the title and same measure for the parent university. When a school has both, "school" weights 80% and "university" 20%. Source: Linkedin
©The Global Business School Index is edited by Ivan Bofarull*
*Ivan Bofarull holds a leadership position at Esade Business School and is a guest advisor at Georgetown University MSB **this has been the case of Thunderbird, University of Southern Carolina and Temple University, which have been reintroduced in the Index despite not being among the top 50 schools in the Financial Times MBA ranking
A school is eligible for the Global Business School Index as long as it is ranked in the top 50 of the Financial Times MBA ranking, or alternatively, if it is considered one of the world's leading institutions in teaching global management.** Once the index has been compiled, each school has obtained a normalized score as a combination of each normalized variable. Then schools have been grouped into clusters, which has given way to Big Four categories: Alfa+ schools, Alfa schools, Beta schools (the main group), and Gamma schools. This Index is a piece of research and not a source of controversy. It is aimed at finding out valid metrics and categorizing the different levels of global influence of business schools from the MBA perspective. It can be used by schools themselves, candidates, or scholars. The Index is not perfect and has a lot of room for improvement, and does not pretend to judge any business school's global strategy. All schools listed in this Index are among the best in the world and each of them offering a tremendous MBA experience for participants.
Eligible schools & categorization
Criteria Globally diverse talent score (25%) Student Global Diversity (40%)
Description
A combined score of: 1) the % of international students, taken from the Financial Times MBA, and 2) the % of Minority students in American bschools, as reported by the Bloomberg Business Week b-schools profiles The former percentage in absolute numbers. Size is considered relevant in order to assess the experience of diversity on campus Taken from the Financial Times MBA ranking, % of international faculty.
Student diversity size (40%) International faculty (20%) Globally relevant curriculum and knowledge (25%) International program (20%)
Taken from the Financial Times MBA ranking, this factor measures the degree of international exposure of the MBA curricuum through international study trips, exchange programs, and internships. Number of case studies produced by business school faculty, taken from the ECCH database http://www.ecch.com/educators/ Financial Times research rank
International case studies (20%)
Articles in business peer-reviewed journals (20%)
Google Scholar citations (20%)
Number of citations in the Google Scholar search engine from January 2011 QS Top MBA ranking of best business schools in the field of international management http://www.topmba.com/mba-rankings/global-200/2011/specializations/international-management
Reputation in teaching international management (20%) Globally attractive and competitive location (25%)
Global City Index (50%)
Measures to what extent the location is a hot stop for the MBA community. It is a combined score of a set of variables taken from the Global Cities Report of The Economist Intelligence Unit. Our choice of variables to configure the Index has been: 1) Global Appeal (20%), 2) Cultural attractiveness (20%), 3) Human Capital (40%) and 4) Physical Capital (20%). Only schools located in the city or within 20 miles have been given 100% of the score. Schools within less than 50 miles, have been given 90% of the score. The less close to the city, the less weighting. Human capital has taken the higher percentage of weight, because it assesses, among others, the entrepreneurial culture of each city. We have considered this to be a highly valuable dimension for MBA students. http://www.managementthinking.eiu.com/sites/default/files/downloads/Hot%20Spots.pdf
Globally Competitive Country Index (50%)
Measures if the country's rules and economic environment can be supportive for the postMBA career. It is a combined score of: 1) the World Economic Forum competitiveness index (30%), 2) the Country's projected GDP growth, taken from the Economist Intelligence Unit (20%); 3) the number of Fortune 500 companies based in the country (30%) and 4) the number of Fortune 500 companies divided by the number of ranked business schools in the country (20%). http://www3.weforum.org/docs/WEF_GlobalCompetitivenessReport_2010-11.pdf http://money.cnn.com/magazines/fortune/global500/2011/full_list/
Globally spread & influential brand (25%) It consists of two variables: 1) Alumni recommendation rank (80%), taken from the Financial Times MBA ranking (alumni recommend rank), this factor measures each school's reputation among the alumni of the rest of business schools, and 2) Linkedin followers (20%), which is the number of followers of the business school on Linkedin A combined score of: 1) International mobility rank (50%), taken from the Financial Times MBA ranking, which measures the # of times students have changed from country from before the MBA through 3 years out of the MBA; 2) # of international alumni chapters (50%), taken from The Economist Intelligence Unit MBA ranking
Global recommendation score (60%)
Global mobility score (20%)
Global social networking score (20%)
A combined score based on the # of linkedin groups where the business school name appears on the title and same measure for the parent university. When a school has both, "school" weights 80% and "university" 20%. Source: Linkedin
©The Global Business School Index is edited by Ivan Bofarull*
*Ivan Bofarull holds a leadership position at Esade Business School and is a guest advisor at Georgetown University MSB **this has been the case of Thunderbird, University of Southern Carolina and Temple University, which have been reintroduced in the Index despite not being among the top 50 schools in the Financial Times MBA ranking
