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In the early 2017, SBM ITB receive good news from Eduniversal Business School Rankings. Since 2011, SBM ITB is ranked as one of 1000 best business schools worldwide (154 countries) by Eduniversal. Each year, SBM ITB have always good progress, as seen in the dean’s recommendation percentage from 78% in 2015 to 83% in 2016. The results of the 2016 Dean’s Vote survey were officially announced at the 9th World Eduniversal Convention in Perth, Australia. Each Dean’s vote was transformed into a recommendation rate (%) that students and other actors in the academic world can use to evaluate and compare the different academic institutions selected by Eduniversal.The annual survey continued to grow strongly in 2016, with a participation rate of more than 70%. The entire 2016 ranking of the World’s 1000 Best Business Schools and the detailed methodology is available on the website www.eduniversal-ranking.com.
A unique ranking: Methodology
The 1000 business schools in the Official Eduniversal Selection are selected by the International Scientific Committee, composed of nine independent academic experts recognized in their geographical zone, after careful evaluation. The objective is to establish a global mapping that considers the international influence and reputation of each selected institution. Thus, the EES (Eduniversal Evaluation System) compiles and analyzes hundreds of data from global, national and regional higher education systems, taking into account the accreditations, the results of other rankings and the distinctions obtained in the country of the schools analyzed.
For the ranking of the 1000 Best Business Schools, the EES designates among the thousands of institutions listed in 154 countries, those that will integrate the ranking. The number of schools and universities allocated per country is determined according to a quota method using quantitative and qualitative criteria (macroeconomic, historical and cultural data).
Eduniversal then classifies institutions according to their international reputation at the national and international level as well as by geographical zone. After their selection, the institutions are divided into five leagues of excellence or “Palmes of Excellence”. A “Palme of Excellence” level (1 to 5) is assigned for each of the schools selected according to the set of internationalization criteria defined by the International Scientific Committee. Their classification in their league is then determined according to the evaluation made during the Deans’ Vote Survey.
The Dean’s Vote is an exclusive feature of the EES, in which the Deans and Directors of the 1,000 best selected global institutions pass their recommendations on each of the 1,000 institutions selected in the 154 countries. The number of recommendations collected then determines the ranking for each of them within each “Palme of Excellence” or league (http://www.eduniversal-ranking.com/methodology/palmes-of-excellence.html).
More about the Eduniversal and the convention event can be found the press release of Eduniversal.
Written by: Margareth Tobing
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