Fox Temple EMBA Jumps in New Financial Times Ranking
When it comes to MBA rankings, the Temple University Fox School of Business is usually remarked for its highly-praised Online MBA. But focusing solely on the business school’s remarkable digital offering overlooks its increasingly well-regarded executive business program.
Last month, the school earned an immense boost in the Financial Times 2017 Executive MBA program rankings, climbing up to 56th from 73rd overall last year—the highest spot in the school’s history. The annual list is typically dominated by joint EMBA programs, such as the Northwestern University Kellogg School of Management and School of Business and Management of The Hong Kong University of Science and Technology’s Kellogg-HKUST EMBA program, which came in 1st overall. In fact, only one non-joint EMBA—the Oxford Saïd School of Business’ EMBA—made it into the top 10.
The Fox School of Business EMBA program came in 10th overall among U.S.-only programs on the new list, as well as 7th among northeastern EMBA programs, and 2nd overall among business schools in Pennsylvania. FT praised the program in particular for it’s “global immersion experience” (ranked 3rd in the U.S.) and for progress students make three years after graduation (ranked 4th globally).
In a press release, Fox School of Business Dean Dr. M. Moshe Porat said, “These latest rankings from Financial Times are indicative of our program’s growing reputation, strength, and return on investment.”
“Further, global immersions and our worldwide partnerships afford students the opportunity to gain global business savvy and study internationally, all through an immersive learning experience,” he continues. “These details continue to set apart our program.”
Michael J. Rivera, Ph.D., Associate Professor of Strategy and Entrepreneurship and Fox EMBA Academic Director, recently spoke on the why the school has seen its ranking ascension, saying, “It is not easy to boil the reason for Fox’s rise in the EMBA Financial times rankings to just one principle, but if I did, I would have to say that it is our commitment to continuous improvement across all areas of our programs.”
On the recent evolution of the program, fueling its incredible rise in the rankings, Rivera remarks, “Over the past three years, we’ve overhauled our program entirely. Repositioned with a strong understanding of the market, we strive to understand the value our students need us to deliver and be curricularly relevant in the eyes of industry.”
Like many of the world’s top-rated programs, the global experience factor of the Fox EMBA heavily contributes to its overall quality. Rivera, who teaches his Creativity, Entrepreneurial Thinking and Innovation Strategy course in multiple international locations, adds, “The Fox EMBA program has numerous campuses globally where we offer our program – Bogota, Lima, Paris, Casablanca, Shanghai, and Tokyo. Stopping at these various campuses is helpful because it keeps me connected with the students and gives me an opportunity to observe the various programs in action. The on the ground insight supports our ability to be aligned and work as a team, even though we are physically in different locations around the world.”
Breaking Down the Benefits
The 48 credit program’s benefits for students is fairly self-explanatory. Fox EMBA graduates earn an eye-popping $156,426 annual salary three years after graduation, as well as a $26,000 bonus increase by the end of the program.
For a business school that may not be casually grouped with Ivy League competition, Rivera believes the success of the EMBA and its graduates comes from the school “punching above its own weight.” This is possible, he says, “because of our dean who is truly entrepreneurial and innovative. His leadership has empowered people to drive change and doesn’t set boundaries on what is possible.”
The FT ranking notes that Fox EMBA grads have seen financial benefit increases across the board, from salary jumps and promotions (4th best among qualified EMBA programs), as well as increases in female and international board members.
Fox EMBA applicants typically join the program with 10 to 15 years of experience, with a limit of 90 students per academic year (45 per cohort). The program can be completed in as little as 16 months and a GMAT waiver is available for select applicants.
For more information on the Fox EMBA, click here.