Ranking: Top business schools across Asia for EMBAs

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A total of 23 schools in Asia have made the list.

The Financial Times has released its Executive Master of Business Administration (EMBA) Business school ranking for the year 2023.

The annual ranking is based on data collected using two surveys — the first completed by participating schools and the second by alumni who completed the EMBA programme in 2020. Key criteria include salary increase, career progression, diversity of faculty and students, course experience, quality of research, environment, social and governance (ESG), and carbon footprint, a new indicator in this year’s FT EMBA rankings.

This year's ranking saw the joint Kellogg-Hong Kong University of Science and Technology programme, based in Hong Kong, and Ceibs (China Europe International Business School) in Shanghai retaining first and second place, respectively. According to Financial Times, nine of the 100 EMBAs in the final ranking were run jointly by more than one school, with some in two or more countries/markets, with degrees offering insights in locations including the US, mainland Europe, and China.

Overall, the top 10 business schools for EMBAs across the globe are:

The full list of schools across Asia, or with Asia links, that made it onto the list is as follows: 

The top-ranked programme, run by Kellogg and the HKUST Business School, scored highest for salaries reported by alumni three years after completing their degree — US$652,326 following adjustment for international purchasing power parity.

Interestingly, the study noted that financial support provided by employers has been consistently higher for male than female alumni, with 53% and 50% respectively receiving full or partial funding this year. As the findings suggest: "The overall fall in funding may partly reflect recognition by employers that many of those taking EMBAs seek to shift organisation or career, as well as broader efforts to cut expenses."

The most significant reasons given by more than half the alumni for studying were:

• management development,
• to expand their network and
• to increase earnings.

However, about a quarter gave a change of career or employer as an important motivation, and only slightly fewer cited starting their own business.

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