EDUNIVERSAL BEST MASTERS & MBAS RANKING’S METHODOLOGY

EDUNIVERSAL BEST MASTERS & MBAS RANKING’S METHODOLOGY

Eduniversal identifies and promotes the academic strengths across a range of institutions. In this way, the Eduniversal Best Masters&MBAs ranking is a real source of information, most commonly used by prospective students and companies to identify the quality of a school, but also of a program and its graduates.

Thanks to the Eduniversal Best Masters&MBAs survey, current graduating students from each program have the possibility to share their satisfaction about the program that they’re enrolled in. Their participation is an important part of the ranking, and allows us to further improve the legitimacy of our evaluation. Indeed, what’s better than current students to speak to prospective students ?! Simultaneously, the Eduniversal Best Masters&MBAs survey values the expertise and knowledge of recruiters.

As a result, Eduniversal classifies and highlights Masters and MBA programs which prepare and graduate the most competent students into the global workforce.

Institutions

Eduniversal identifies and promotes the academic strengths across a range of institutions in 154 countries. The Eduniversal Best Masters ranking concerns the 1,000 institutions considered by Eduniversal as the best in the world, their affiliated entities and the institutions officially granted by the Eduniversal International Scientific Committee the « Eduniversal Selected School » distinction.

The Official Selection of the Best 1,000 institutions in 154 countries and the Eduniversal Selected Schools list are annually reviewed by the Eduniversal International Scientific Committee’s members.

Recruiters

Eduniversal classifies and highlights global Masters and MBA programs which prepare and graduate the most competent students into the global workforce.
The ranking values the expertise and knowledge of HR representatives which indeed help us with how we rank institutions and programs.

Students

Feedbacks we receive from students about the programs that they’re enrolled in give the Eduniversal ranking team deeper insight in the quality of the institution and the quality delivery of their academic programs. By answering our survey, students have the opportunity to share thoughts and pinions on their academic expertience which we have found this to be particurlarly resourceful to prospective students.

Indeed, every year, more than 4 250 000 students all over the world refer to our ranking to find their dream program.

Types of programs* that qualify to be ranked

  • Masters
  • Masters of Science
  • Masters of Arts
  • MBA and specialized MBA
  • Executive MBA
  • MBA part time
  • Post-graduate program

*The language of instruction isn’t limited and can be a native language of the participating institutions. In addition, the ranking doesn’t focus on specifically international programs, and domestic programs also are analyzed.

Each participant of the Best Masters survey influences the results of the Eduniversal and MBA Ranking, which is published annually on our official website www.best-masters.com. As a result, sharing opinions on the Masters/MBA programs you credit the most, you are involved in the creation of a tool, used worldwide by schools, students, and HR specialists.

Opportunities include :

  • International visibility and exposure through strategic promotions through our Eduniversal Masters and MBA Ranking.
  • Our rankings, used by millions of students covering all over the world, allows access and outreach to the most talented students worldwide.
  • The rankings also provides an international platform where institutions can market and showcase their unique strengths.
  • Identify new partners for international cooperation. Through information provided in the ranking, institutions can identify the expertise for potential collaboration with new partners.

Timetable & steps

February to June : Survey ; July to September : Review of programs ; October : Result certified and Selection announcement ; December : Publication

With a strong focus on robustness and accuracy, the Eduniversal Evaluation System has developed a Methodology to rank and evaluate the Best Masters and MBA programs worldwide.

5
points

The reputation of the program

50% of this score is based on the opinions of recruiters

50% of this score is based on the level of Palme of Excellence of the school

5
points

The salary of the 1st employment

Information provided by each program and verified by Eduniversa

Salaries are weighted by country and by the average annual salary of its executives

Three scales are used according to the type of program (MBA full time, EMBA and all other programs)

5
points

Students satisfaction

A survey comprised of 11 questions sent by e‐mail to graduating students to assess satisfaction with the completed program.

A minimum of 10% of the students in each program must reply to be scored.

• 1st and 2nd question : 25 % each of the score.

• The 9 questions left : 50% of the score.

Bonus Points

  • Programs with more than 7 different nationalities registered in its programs.
  • Programs having more than 7 different nationalities from at least 3 different zones.
  • Programs which enable at least 20% of their graduates to do an internship or to work abroad
  • Programs admicng at least 5 students with work experience
  • Programs which offer Distance Learning.

Ranking by stars

By adding the points from each of the 3 criteria in our methodology, each program is given a final score. Eduniversal ranks these programs according to their final score which is also associated with a star ranking as follows :

* Masters with a final score of 1 to 5.99
** Masters with a final score of 6 to 8.99
*** Masters with a final score of 9 to 11.99
**** Masters with a final score of 12 to 15

The EDUNIVERSAL International Scientific Committee

The International Scientific Committee (ISC), is comprised of 11 members: two executive members within Eduniversal, and nine independent experts in higher education. All members have significant experience in the academic world and within their zone. The Committee is responsible for the Official Selection of the best 1000 business schools, monitors the Deans' Voting process, and oversees the EDUNIVERSAL Business Schools Ranking Methodology

All the nine expert members are experienced and prominent personalities in the academic field of their geographical zone:

AFRICA / Prof. Sherif Kamel

Sherif Kamel is professor of management and dean of the school of business at The American University in Cairo. He served as senior advisor for strategic planning to the president of the university (2017) and vice president of the university for information management (2016). During his first spell as dean (2009-2014), the school achieved triple crown accreditation, introduced the Executive MBA, the master of science in finance, established the Center for Entrepreneurship and Innovation and the university accelerator; the Venture Lab. He helped raise close to 10 million US dollars in gifts, scholarships and sponsorships. He was associate dean for executive education (2008-2009) and director of executive education (2002-2008). Before joining the university, he led the training and professional development institute of the Cabinet of Egypt Information and Decision Support Center (1989-1992) and the Regional Information Technology Institute (1992-2001). Kamel is an Eisenhower Fellow. He is a board member of the American Chamber of Commerce in Egypt and the Egypt U.S. Business Council. He was a board member of the Egyptian American Enterprise Fund (2013-2016), the World Bank Knowledge Advisory Commission (2012-2014) and a founding member of the Internet Society of Egypt (1996).

His research and teaching interests include management of information technology, information technology transfer to developing nations, organizational transformation, electronic business, decision support systems and entrepreneurship. His work is broadly published IS and management journals and books. He received several academic, professional and leadership awards including the AACSB International Influential Leaders Challenge Honoree, USA (2018); London School of Economics and Political Science Outstanding Alumni Award, UK (2017); best paper award of the International Conference on Information Resources Management, Canada (2016); The American University in Cairo Distinguished Alumni Faculty Service Award (2014); UNDP National Human Resource Development Award (2014); and The American University in Cairo President’s Catalyst of Change Award for Citizenship and Service (2013). Kamel holds a PhD in information systems from London School of Economics and Political Science, an MBA, a BA in business administration and an MA in Islamic art and architecture from the American University in Cairo.

CENTRAL ASIA / Prof. Dr. Aneeta Madhok

Prof. Dr. Aneeta Madhok (PhD, PCC, SHRM-SCP) is Managing Director at Open Spaces Consulting and has been the Dean (Center for Human Resources) at S.P. Jain Center of Management, Dubai and Singapore and Dean (School of Business) at NMIMS Deemed University in India.

She has contributed to the consulting profession as Chairperson of the International Council of Management Consulting Institutes (ICMCI) (2009-2011) over 49 countries worldwide, and is a global expert on Professional Development and Knowledge in the areas of Management Education, Human Resources and Management Consulting.

EASTERN EUROPE / Dr. Virginijus Kundrotas

Virginijus Kundrotas is Doctor of Social Sciences (Education), Dean of Adizes Graduate School (USA), Managing Director of Adizes Institute for Lithuania, and certified Adizes Associate in the Adizes Methodology for Organizational transformation and change. He is President of the Baltic Management Development Association (BMDA), Vice-president of Central and East European Management Development Association (CEEMAN), EDAF committee member (EFMD); Member of Editorial Board of Baltic Journal of Management (UK), member of International Scientific Committee of the EDUNIVERSAL - Official selection of World Business Schools (France), Member of the Board of Trustees of Almaty Management University (Kazakhstan), Kazan Business School (Russia), etc. He also serves as a Board member of Lithuanian Free Market Institute, SC Linas, VilNews on-line magazine, and number of other institutions.

Dr. Virginijus Kundrotas is Founding President of ISM University of Management and Economics, Lithuania (first private HEI in the country) performed in this position from year of establishment in 1999 till 2008. Virginijus Kundrotas delivers trainings and consults various organizations around the World on Change Management, Organizational transformation, Leadership, Business ethics and Corporate responsibility. He also coaches managers of various business and non-profit organizations. His extensive practical experiences and practice of managing organizations as well as deep theoretical knowledge of various management methodologies and approaches, makes him easy understandable and very well accepted among CEOs and other managers within companies.

Dr. V.Kundrotas is visiting professor at number of Business Schools in USA (Adizes Graduate School), France (Kedge Business School), Poland (GFMD), Czech Republic (Prague University of Economics), Latvia (RTU, RISEBA, BA Business school), Lithuania (ISM University of Management and Economics, KTU), Kazakhstan (ALMU), Russia (IBS, Moscow, Kazan BS, Irkutsk Business school), etc.

Dr. V. Kundrotas is a Founding President and member of Kauno Tauras Rotary club as well as member of Vilnius International Club.

EURASIA & MIDDLE EAST / Prof. Nehme Azoury

Nehme Azoury is a Professor and Deputy-President for research at the Holy Spirit University of Kaslik – USEK. He is also one of the eight members of the scientific committee of Eduniversal (the representative of the Eurasian region).

Former Dean of the Faculty of Business, he lectures in the fields of marketing, strategy and Corporate Governance in several reputed universities namely, The Georges Washington University, which presented him with an appreciation award. As part of his research activities, he has to his credit several publications in internationally renowned scientific journals. To promote research in the Arab world, he is founder and editor of "The Arab Economic & Business Journal". In addition, and beyond his academic and administrative activities, Nehme Azoury is currently Managing-partner at Widein, a consulting firm headquartered in Beirut.

FAR EAST ASIA / Prof. Sung Joo Park

Prof. Sung Joo Park is the former Dean and Vice president of KAIST (Korea Advanced Institute of Science and Technology). He is currently a professor emeritus at KAIST Business School. Holding a PhD from Michigan State University, he was also the founding president of AAPBS (Association of Asia-Pacific Business Schools,), and served as board members of the AACSB and the GFME (Global Foundation for Management Education) and is an advisor to EFMD. Also, he served as an advisor to Samsung Group and is a lifetime member of Korean Academy of Science & Technology.

LATIN AMERICA / Prof. Edson Luiz Riccio

Prof Dr. Edson Luiz Riccio is a Senior Professor at the School of Economics Business and Accountancy (FEA), University of São Paulo (USP) and well-established Researcher. His areas of teaching and research are International Management and Business Information Systems with extensive list of published works. He has been active as Visiting Professor in business schools in Europe. He was the Deputy Director of International Relations for the School of Business of USP for 19 years, from 1997 to 2016. He also works as an International Education Advisor. He is founder and Editor of the Journal of Information Systems and Technology Management (ISSN 1807-1775) ; founder and Chair of CONTECSI – International Conference on Information Systems and Technology Management (ISSN 2448-1041); Founder and Director of TECSI – Research Lab of Information Systems and Technology Management. He is founder and President of the Brazilian Chapter of AIS – Association for Information Systems. He holds a PhD in Business Information Systems from USP and an SEP in International Management from Stanford University. His professional career includes long experience as top executive in international corporations, in positions such as CIO and General Manager as well as Leader Consultant of Organizational Projects in large consulting organization.

NORTH AMERICA AND MASTERS RANKING BRANCH / Prof. George M. Jabbour

Dr. George Jabbour is the Associate Dean for Executive Programs, Professor of Finance, and Director of the Masters in Finance Program at The George Washington University School of Business. He has been a consultant and conducting professional training for the World Bank Group in Washington DC (USA), Vienna (Austria) and Islamabad (Pakistan), for The International Training Banking Center in Budapest (Hungary), the Center of Excellence in Management in Kuwait, and for Kipco Asset Management Group (KAMCO) in Kuwait. He was a Visiting Professor at Franklin College in Lugano (Switzerland), Dongseo University (South Korea), Holy Spirit University-Kaslik, Sorbonne University in Paris (France) and Renmin University in Beijing (China). He developed curriculum for BBA and Msc degrees in business and finance. He has several publications in professional refereed journals. He co-authored “The Option Trader Handbook” for trade adjustments. His research papers were presented in the US and around the world. He is a member of several leading professional finance organizations. He is a member of the editorial advisory board of five journals. Four of his co-authored papers won the best paper award. He has received several Teaching Excellence Awards. In addition to his academic career, Dr. Jabbour is very active in equity and derivatives trading. He was Senior Financial Analyst at Federal Home Loan Mortgage Corporation and a consultant to several American corporations and international organizations. He has a Ph.D. in Finance, an MBA in Finance, a BBA in Marketing, and BS in Mathematics.

OCEANIA / Prof. Michael Wood

Mike Wood’s career is diverse: he has been a journalist, academic, senior public servant as Public Service Commissioner, head of the Department of Local Government, chair of the WA Salaries and Allowances Tribunal, director of his strategy company and Dean of the Curtin Business School, At present, he is an adjunct Professor at the University of Notre Dame Australia in the Business School at its Fremantle campus where he recently designed two units on leadership in the Catholic intellectual tradition. Mike also undertakes work involving the international accreditation of business schools for the European Foundation for Management Development.

Mike taught public policy at the University of Tasmania, at Curtin and UWA and leadership and strategy at Notre Dame. When in the public service, he contributed to the reform of Cabinet processes and to local government grants funding as chair of the WA Local Government Grants Commission. He has published on Australian local government, state administration, electoral behavior and federalism. He recently completed a period as chair of Member (trustees) for Ruah Community Services, having been the founding chair of its board in the 1990s. He served for several years on the St Thomas More College Council at the University of WA (he was senior student there in 1966) and was for a short time on the board of the former St Anne’s Hospital. Mike is a member of the International Scientific Committee at Eduniversal, a French organisation ranking. business schools. He married Judy in Tasmania in 1972 and they have two daughters, a son and a grandson – all of whom live in WA. Mike has had a lucky life and is forever grateful to his parents and for the exciting life he had at university with its academic and social life and the making of friends for life. He can be contacted at mikewood10@bigpond.com

WESTERN EUROPE / Mr. Axel Schumacher

Axel Schumacher works as advisor for Business Schools. He was special advisor to the Dean of the Management Center Innsbruck in Austria, Associate Dean for International Relations at the Business and Law Schools of the EBS Universität für Wirtschaft und Recht (EBS University of Business and Law) in Oestrich-Winkel and Wiesbaden (Germany) and Director of International Programmes at WHU, Otto Beisheim School of Management (Germany). He has been working in the field of International Relations for more than 30 years. Over this period he has initiated more than 300 university partnerships in 55 countries around the globe, including 50 dual degree agreements at the undergraduate and graduate levels. He has published research papers and contributed to books on the Concept of Private Universities in Germany and on Strategies of Internationalization for Business Schools.

Eduniversal places a huge emphasis on student opinion, which is why we make great efforts in making their voices heard.

In this way, students’ opinion plays an important role in our data analysis, and the examination of the students’ satisfaction allows for a more robust and precise program evaluation. Indeed, what’s better than a current graduating students to speak about the program in which he’s enrolled in ?
In this way, the students’ satisfaction criteria contributes as a result to a third to our final ranking decision. However, a students’ satisfaction mark is given to the relevant program when at least 10% of the current graduating students have answered the survey.

Once the final ranking is published, programs’ representatives can ask our team to obtain a summary of their own students’ satisfaction. Here, the summary obviously stays anonymous (we never reveal who is the student who answer this or that) ; but it allows programs’ representatives to be aware of their program’s strenghts and weaknesses. This feedback is in this way helpful to directly