All the EMBAs in the ranking are of high quality. Some 196 points separate the top programme, at the HEC Paris, from the school ranked 100. The schools are divided into four tiers. Business schools in tiers l and ll score above the average for the cohort, and tiers lll and lV are below it. The difference in scores between schools ranked consecutively is greater within tiers l and lV than in tiers ll and lll. Tier l includes 13 schools from HEC Paris to Fudan University School of Management. Tier ll includes schools from IE Business School, ranked 14, to University of Toronto: Rotman in 43rd position. Tier lll, headed by IBS-Moscow Ranepa, spans schools ranked 44 to 82. Tier lV includes schools from Frankfurt School of Finance and Management in 83rd place to Sabanci Business School at 100. * Programme not fully available in English. ** Data in this column are for information only and are not used in the rankings. The ESG rank may not be representative of some EMBAs due to the below. ‡ No data available. School did not have student enrolments during the specified timeframe from July 2020 to July 2021, due to the pandemic. This also means the school was unable to provide the number of teaching hours devoted to ESG for the core courses for its recent class. § No ESG data available for MIT: Sloan’s current and completing classes and for Emory’s current class.