Key to table

• Salary Today: An average of salaries - three years after graduation - from the 2000, 2001 and 2002 surveys. The figure is in US dollars and is NOT used in the ranking.
• Weighted Salary (20): The average 'salary today' with adjustment for salary variation between industry sectors. The figure is a weighted average of salaries three years after graduation from the 2000, 2001 and 2002 surveys and is in US dollars.
• Salary percentage increase (20): The percentage increase in salary from the beginning of the MBA to three years after graduation. The figure is a weighted average of the increases from the 2000, 2001 and 2002 surveys.
• Value for money (3): The rate of return for each dollar spent between the start of the MBA to three years after graduation.
• Career progress (3): The degree to which alumni have moved up the career ladder three years after graduating. Progression is measured through changes in level of seniority and the size of company in which they are employed.
• Aims achieved (3): The extent to which alumni fulfilled their goals or reasons for doing an MBA. This is measured as a percentage of total returns for a school.
• Placement success (2): The percentage of 1998 alumni that gained employment with the help of career advice.
• Employed at three months (2): The percentage of the most recent graduating class that had gained employment within three months.
• Alumni recommendation (2): Alumni of '98 were asked to name three business schools from which they would recruit MBA graduates. The figure represents the number of votes received by each school
• Women faculty (2): Percentage of female faculty.
• Women students (2): Percentage of female students.
• Women board (1): Female members of advisory board as a percentage.
• International faculty (4): The percentage of faculty whose nationality differs from their country of employment.
• International students (4): The percentage of international students.
• International board (2): Percentage of the board whose nationality differs from their country of employment.
• International mobility (6): A rating system that measures the school with the most internationally mobile alumni based on the movements of 1998 graduates.
• International experience (2): Weighted average of four criteria that measure international exposure in the course.
• Languages (2): Number of working languages required on completion of the MBA.
• Faculty with doctorates (5): Percentage of faculty with a doctorate
• FT Doctoral rating (5): Number of doctoral graduates from the last three academic years with additional weighting for those graduates taking up a faculty position at one of the top 50 schools in the 2001 survey.
• FT Research rating (10): A rating of faculty publications in 35 international academic and practitioner journals. Points are accrued by the business school at which the author is presently employed.